Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Today’s fall is very worrying as those in the know get out before they can be accused of insider dealing. I am debating taking a loss on half my holding and crossing fingers for the rest.
Speaking for myself, I am very frustrated to have bought back starting at 1.56. I should have stayed out a lot longer and waited for 4th April results. So yes, you are right a bad decision borne of over exuberance.
Karl, you keep on quoting over 50’s for equity release where in fact we are generally looking at over 70’s. Not such a vast market and to imagine that it will cover other losses from insurance is wishful thinking at best
But sadly very poor self-serving management. I wouldn’t rule out a cash raise and some fiddle to give the top men another bonus.
Couldn’t agree more Bill, I reckon this will fall to about £1 after the results, I plan to sell just before and buy back. My current average is 1.45 and that’s not going to happen any time soon. Kicking myself for buying back in, but no point going down with the ship
Looks like 125 will be breached. Very disappointing in so many ways. Clearly we are in for a nasty surprise, no doubt cloaked in “positive “ babble from the board, as they pocket more of our money. Let’s hope it bottoms out before we revisit sub £1
Do you have a comparison with last year at this time? One thing that concerns me is an over concentration on cruise. The insurance side is a big worry for me. I suspect my 150 will be available on Monday, but I will add 25% and keep the rest back in case of further decline. GLA
Hey do you take part of my post out of context? Just posting insulting rubbish seems to appeal to you and your fatuous mates. As I said I am waiting for 1.50 to buy in again, hence my interest in Saga, I am not shorting the stock. I have little interest in pointless posts and will report Gooner’s upsetting effort.
I bought back at 80 and sold at 1.80, why would i care what you think. My first buy was 3.15 and i got out at 2.00 on the advise of ditto, i think. I am showing a small profit overall, so happy for now. I also made a bit on iag and Lloyds, but not in at the moment as the ftse is very high. There you are a potted history of my last years trading.