Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Thanks to everyone who responded and helped me catch up. It feels like we've been waiting forever.
Believe it or not, knowledge of this share came to me from having set next to a gentleman on a flight to San Francisco. While I'm far from having invested my life's savings in it, it's been a rough past six months for me - and so a win here would really be quite wonderful. I'm sure others are in the same position and so my thoughts are with you too.
After all this time, are the best sell positions likely to be 1) if Samsung offer to settle ahead of or during the trial and 2) if Samsung lose the case (regardless of whether they appeal or not, as mentioned earlier)?
Hello all. A lot of activity recently! I've read back a ways and can't seem to find the answer to this, so please forgive me for asking - is it nearly time? Are we almost at the major outcome we've all been waiting for or have I misread and misunderstood?
"South Korea’s prime minister Han Duck-soo announced he would recommend a pardon for Samsung vice chairman and heir Lee Jae-yong during a parliamentary session on Wednesday. The comments were made as Lee is on parole. He was released from jail in August of last year after serving time for bribery and embezzlement charges stemming from an incident that involved former president Park Geun-hye in 2017."
https://www.theregister.com/2022/07/28/samsung_boss_likely_to_be/
Hopefully this isn't going to get the negative reaction I might expect, but you may want to think a little broader with this BBD - one article from a niche self-confessed fan website, likely translated into English and potentially losing context from its original wording, is not going to be reflective of all Koreans' views on this dispute.
(And by "Koreans," I'm also assuming you mean *South* Koreans, since Samsung is a South Korean company, and therefore can't offer any insight into the view of North Koreans on this living under the DPRK either.. Not that I expect them to have one, but hopefully you see my point).
Materially 8-13p doesn't sound like much.. but a rise from 28p to 40p is a 43% increase. Show me where you can guarantee that kind of increase and I'll throw all my money in now!
Either way, I'm just trying to say that if these figures aren't based on anything other than hope, just be aware that they could be enough to tip people over the edge in buying more shares. Whether you realise it or not, everything we read on here is influencing us one way or another. We all want a good outcome but that isn't going to come from optimistic speculation.
"this will make great gains now expect 35- 40 by July"
It's pretty irresponsible to be making claims like this unless you have proof. Past performance is no guarantee of future performance.
Some people, rightly or wrongly, will trust this and may invest their hard-earned money off the back of it. Let's look after each other here whenever we can.
I've been in this same situation a few years ago with a share that was absolutely a punt based on a court decision. On the one hand, yes it's annoying to me too when people are making up numbers based on little more than hope. On the other, let's keep it all polite as possible when that happens - there's enough friction and suffering in the world as it is, without us adding to it in our privleged positions of safety on a share trading board. Best of luck to all of us!
@TLWilliams
You're missing my point. The share price reached almost 55p back in April 2019. Why not speculate for that instead? Or even higher prices from the past?
Yes, the price reached 30p when the patent infringement was announced. Is another patent infringement about to be announced? If not, the price will go where it will, and if we had perfect knowledge of that in advance we'd all be quids in.
Since we're not, it IS blind hope as to where it'll go and I'll say again it's unhealthy.
@thomasbrowne
Your argument is a combination of negativity bias and flawed data.. there weren't 8 billion people on the planet in Neanderthal times. There are now. You're looking at things in isolation. I'm not saying that the Syrian plight isn't horrific but that doesn't change the original point - in the long view of history, this *is* the safest time to be alive. The facts (ahem) trump your perception.
@troublesome
Take anything out of context and you'll end up with whatever you want. However, add the context where someone on another stock was guaranteeing people a win on a company that ended up going into administration with all stock holders (including me) losing everything on it.. and I'll stand by every word. They proved to be accurate.
Also, troublesome, your logical fallacy for the day is: https://en.wikipedia.org/wiki/Ad_hominem
If nothing else, that convinces me that you definitely didn't look at slides #7 and #16 of the second link.
Did you look at either of the links at all?
You - and I - are not physically or mentally capable of understanding the relative position of humanity from immediately around you and what you see on TV. You're just not. Which is why looking at objective data is so important. If you want to tell me lots of people died in war X then you can, and I'll agree with you, but that still doesn't stop us being at the safest point in human history when you look at it objectively.
(Unless you happen to be betting on a quantum dot company just before taking up your rifle or about to be bonked on the head with a sabre toothed tiger bone?)