Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
All Chinese stocks falling hard on slowdown fears and covid lockdowns. China's vaccines are not effective against Omicron and china zero tolerance to covid means they are in a similar place we were a year ago. At some point China stock will be worth buying but not this week.
I agree the price point was right on the coin. I bought one fraction myself for fun. I can see the 1933 penny or 1937 threepence as the next items. The BG is too expensive and an unattractive item. Maybe these will sell faster as the deadline approaches.
The coin pieces have nearly sold out, but the BG pieces not selling too well. Philately is certainly becoming less popular, coins growing in popularity.
LTI..you are right, I should have said 5 to 20 men per 1000.
Herts. If the war drags on for years it will bring about regime change. You cannot hide huge manpower losses indefinitely. The Russian 'Mothers' movement was instrumental in bringing an end to Russian involvement in Afghanistan, although it does take years.
The Russians are completely bogged down in Ukraine and have been utterly surprised by the strength of Ukrainian resistance. Russia failed to knock out Ukrainian air defence and now largely fly at night. Unfortunately Russian pilots were used to flying in daylight in Syria attacking targets with no functioning air defense system. The Russians also committed a lot of second rate equipment to the invasion and conscripts, Western trained Ukrainians are using hit and run tactics with superior weaponry line the British NLAW anti-tank shoulder launched missile. Furthermore if Russia does somehow manage to occupy all of Ukraine including the mountainous Carpathians around Lviv, it will need an occupation force of around 200,000 (which is standard 20 men per 1000 population) That is a quarter of the entire Russian army just to control a very hostile country. My view is Russia would like to come away from this now it has made a monumental error. Reports of 12,000 Russian dead are fairly accurate according to my sources. They simply cannot continue losing 5000 men a week. I think there will be a meeting of minds in the not too distant future. The prospect of Russia attacking Nato which was Falky's point, simply does not exist as a choice militarily.
Having been in various crises, I was down 80% in the banking crisis of 2008/9, then down 30% in the covid crisis, now down around 10% so far. Each time my portfolio has recovered and grew larger. I think now is the time to start putting a bit of money back into the markets and stick with UK equities. It is impossible to time the highs and lows, but if the forward div becomes 7%, that is the time to buy LLoy.
I see Keith is holding over 9,000,000 ordinary shares which strikes me he has faith in the company and is looking for a big payday eventually. I think he indicated GBP3.00 a share at one time, but I don't know whether he still thinks that!
With the Russian border potentially 1200km closer, one would have thought Cz would wish to unlock and monetise its commodity potential with a little more urgency than has been seen thus far.
Not quite a typical day though!
Feedback from dealers at the Show is that it has been in the main...dire.
Pearls usually goes and reports back great news but nothing this time....lol
The Russian strategy is to knock out communications, command centres, take over strategic assets like air bases and ports, identify and neutralise strongpoints with overwhelming artillery the move in the majority of ground forces. The majority of Russian forces have not yet moved.
May I suggest parking this idea Putin wants to reclaim the old Warsaw Pact territories. It is Impossible for Russia to beat Nato in a conventional war. In almost every category in tanks, attack aircraft, defensive missile systems and personel Nato is stronger and has significantly better equipment. The only advantage Russia has is it can concentrate forces and strike at one point using interior lines, while Nato will take a few months to put forces in the right place. Nevertheless his armoured columns would be devasted by our anti-tank missiles such as Brimstone and even after Russian Air force modernisation in the last few years, it is still no match for Nato with plenty of F15s and F35s available.
If the sp is 50p and a bid comes in at 150p, its more likely to be accepted than if we were 100p and the bid was 150p.
Everybody has a tolerance threshold and the lower it goes the more stretched it becomes.
My concern here is if the share price drops too low we could become a takeover target on the cheap....
Good video...
I'm still buying, increased my holding by around 30% in the last two weeks. I'm not thrilled by the price drop, but confident of a higher share price by summer.
You have hit the nail on the head Devon. Pearly would argue its not about numbers of fractions sold, but the associated publicity, however they have only managed to sell fractions to 1400 collectors/investors out of a global collecting population of 50 million. That would indicate little appetite for fractions, plus it puts off the very wealthy from owning such things. The NFT marketplace will be cited in a decade as a bubble which occurs when there are gigantic disbursements of cash by central governments. Somehow much of it finds its way into nonsense.
80 days left to buy a BG piece....what happens after that?
I just don't see fractions as an enticing way to collect. You own one eighty thousandth of something which has a contrived value determined by SGI, which cannot be sold or traded (yet).
On coins, these are much more appealing to youngsters than stamps. They can look through their change and find collectable 50p and £2 coins. Hopefully some kids will become serious collectors in later years. In stamps the only communications I get are people wanting to sell.
There are lots of collectors with presentation packs, year books and mint sets. The post office makes millions from marketing these items. I get enquiries every single day from someone wanting to sell modern British. I don't want to have to tell them in 2 years time their collection is basically worthless after they might have spent 3, 4 or £5000 on stamps which cannot be used. This sort of news could heavily impact general collecting once it is seen as a huge rip off. I agree SG clients probably are not impacted, but collecting starts at the bottom, this policy could have considerable consequences.
Pearls, this new post office barcode policy might be devastating to any collector who has bought 51 years worth of mint GB stamps.
They are proposing to invalidate all non barcoded stamps from 2023. This means collections of decimal mint become worthless as they loose all face value. I welcome comments.
https://www.msn.com/en-gb/news/uknews/royal-mail-announces-huge-change-to-everyday-stamps-effective-immediately/ar-AATlLIN?ocid=entnewsntp&pc=U531
Most holders (such as myself) are hanging to their shares. I'm not a seller at 80p. Therefore there probably isn't a huge pool of shares to trade, unless the price jumps very significantly.