Member Info for Chartist2

Beautiful actuallly this rebound from this mornings 14% low.
Absolutely astonishing!
Low: 3.325
And suddenly we even see a substantial buying surpluss. I think they are allowing partners to buy in cheaply... while I wished they had bought during our mini rally to 13p :))

@earthling, good man,
As you've probably read, I've been top slicing several shares in recent weeks. A few days ago I even started to unload a variety of largecap holdings - even my stake in KAZ.
Todays fact that I kept an ignorable 8-10k invested in this bombed out share, doesnt turn Asiamet into a safe heaven just yet :)) But this seems "sort of defensive" because of their silly low value.
Even if they test the 2-3p levels, where ii's like JP have bought, in the long run the upside opportunity is much higher than the downside.

(In this weired times, with hard Brexit looming by mid January, likely with civil unrests, I prefer to hold 80% in cash/bonds or gold ETfs, and use the rest for stock picking, and waiting if this nine year bullrun is coming to an end .)

Interesting!

Whats the reason for that?

Sells/Buys
15,224 / 291,862

Yup, the institutional investors will be thanking you bigtime!
Richy, in my opinion those repeated price-attacks here (like that 14% this morning!) are being used to enable a potential cooperation partner to buy in on the cheap.

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19-Dec-18
09:16:09
3.7345p / 400,888 Buy* 3.553.6014.97kO

Earthling, if smallcaps start to turn bearish, its not because of fundamentals, its because of human behaviour pattern.
As soon as normal day PIs are taking a beating on their FTSE portfolio; bluechips, homebuilders, insurances, retailers (and recently oilies with the crashing oil price) these people will start to look for safety and try to sell on profit, wherever there is any. Its mostly smallcap shares that still show huges profits, and either PIs or UK smallcap funds, will start taking profits.
-> Assuming the main market does enter a severe and monthlong bear market as from January.

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"...seem to be missing the obvious, precious metals particularly gold tend to rise in such markets. Have you seen how much gold SOLG has?"

Yupp, hope so.
I sill havent managed to dump all shares. Hopefully the US market makes one final attempt to rebound, before the long expected market crash in 2019.

I am starting to "dump" a few, Jimbo. Had 25k worth from 35.50p the other day. The US market starts getting a bit too scary for my taste, and one day it could spill over to smallcaps... Still nively balanced: Volume Sold 556,554 Volume Bought 603,982

Nice retrace so far. Now lets see how Schafflitsky manages to steer his inbreed company through the severe bearmarket in 2019.

Quite right, Longlad!
Why smallcaps are not that much affected yet?
Take a look around: Bushvelds still rising, Solg and Gcm still rising, etc.. But as soon as the market-Tyrannosaurus has finished-off with bluechips where you had huge paper-profits, the market will look at fancy smallcap leftovers out there... If the US market selloff doesn not stop in early 2019, then expect each and every smallcap being "tested" for weaknesses. Any wrong spelled word from the company CEOs, and the market will punish those shares.

Keep in mind that different to Britanin/Europe people in the US build a large portfolio based on credit! There you have normal couples who held 100k physical shares (Alphabet, Fb, Amazon) but then went and bought 100-200k worth on credit into risky midcap or smallcap shares. Very very risky if the market contracts!

Different to 2008/09 with the mortage cirsis, this time 2018/19 could be the year of a credit-stockmarket bubble crisis. Sorry, not sure how to put that in proper English.

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"...agree with many of your observations, personally I believe we are in for an extremely volatile time in the markets.
However I think the smart money moved out of small caps earlier in the year, so I’m not too sure that small caps are the last to feel the pinch in a severe downturn."

I thought Bangladesh did not have any deep sea port, nor the ability to ship coal by railway from the north? ------- ...'Deep sea port LNG terminal, construction of rail tracks between Chittagon"

*sidelines Meant to say 'hopefully we see at least some more stable sideways trend'.

I hope it works out for you George, but times could be about to turn nasty. Something is brewing: cnbc.com/2018/12/17/major-global-markets-already-in-bear-market-stoking-growth-fears.html IMO - safe to hold if 508 is maintained - hopefully to see sidelines, but not clear yet - if breached, then drop to 498 and later 489, which is likely - new buy for me only if 526 climbed/held - long term buy if 545 climbed Ready to swing anytime if necessary, but for now its best to be careful in case of the ongoing WallStreet fallout. Highly indebted US citizen pulling out (or forced to pull out).

This for real? 16:39:04 0.58 2,000,000 11.60k Careful with the US markets crashing later on in 2019.

Haha, wonderful 5 min laughter about the pharmacy !!! O/t: Marco, I am quite happy with the Bushvelds entry at 35.50p, but will now, in the next few days look for an exit because of Wall Street nuclear fallout that could attack smallcaps soon. Okay I might leave one half invested in BMN to see how it goes. But the main market is ripe for a total crash. Careful these days...

Richyrich, you're a decent chap. As well as mister Hedged, with his point, comparing todays 4p with the former 14p :)) '...if I was you I would sell up and find something else like premium bonds less stress for you then.' O/t: Brother, and then to do what? I'm sat in front of six screens each day, and swing trade weekly/monthly. Currently I dont hold many shares and yes, I am very happy about that!! Hope you are safe out there! What happens on WallStrert right now might be just the prequel of whats yet to happen later in 2019. I even started selling all my Kaz Minerals, after CSuisse downgraded them to 400p last night. But indeed, I do hold a small expendable 10k in Asiamet. Risky?? Some are freebies from the 9p days. And the rest is a little gamble to see if Colin & Tony gets his act together and has this re-rate to 10p, or if he is fired... I will enjoy whatever outcome! Why? Because I hate directors who come up with always new excuses (in my opinion lies), to distract from the real problems. - They should have alerted us in March about the Beutong protests and that this is at risk. - They should have indicated this summer at eight Pence that they will need money. Now at 4p this is far too late. Amateurs? Naive?? Stupid??? Or just so so unlucky???? I leave that to others to decide.

'Defensive share...' Earthling, I am used to minute by minute trading chat, not static once per week postings. This is why I tend to repeat the questioned wording. Asiamet being a defensive stock: First this was just a little lunchtime fun, while watching the Dow & FTSE dive, while ARS holding 4p:)) Recessions in past decades taught me that at first its large-/ midcap shares that are hammered. Such as Kaz this summer (with their 55% minus), or TCG and many other Ftse shares this autumn, such as those poor ba1tards from Asos. These tumbling whales seem to take that much attention, that the market completely ignores smallcap stocks for a while. Thats the time when we can consider many smallcap shares as being defensive. Of course only positive shares with an active story, like BMN, Gcm, etc. If the US selloff doesnt stop in January, expect more bluechips (banks, insurance, homebuilders) to enter the purge. And in the following stage the crash would spill over to smallcap shares. If this starts, then expect even super-shares to be hammered, such as Bushvelds, Solg, etc. Where does this leave Asiamet? ARS has already been 'tested' and fallen from a cliff this summer, with 70% down, from their 11p range. Right? Also, I suspect, someone has done 'forward selling' from 10p that generated fresh capital. Today ARS is an inbreed share, purely controlled by company directors, insiders, and close financial allies. And probably some holders connected to the Indonesian government. Google the list of holders, and you'll be surprized about some of the names on the list :)) IMO any further downfall is limited to the level where institutions like JP Morgan keep holding. Is it 3.50? Is it 2.50p? We dont know yet. What we do know is that, like in the past, the management has a variety of tools to manipulate things.They can for eg suddenly pullout a joint venture contract, and make the Sp spike to 8p. Or they could even ask for a temporary 6-month AIM suspension, if the market gets to rough... In the end 'they' will be using this (undesired) weakness to flush out weak holders and collect more cheap shares. And probably soon announce a sudden new happy 5% stakeholder. Anyeay, just my worthless opinion. I hope everyone is finding shelter, from the main market crash!!

Earthling, my friend, I quote it because it's something one needs to savour on his tounge properly before falling off the chair laughing: 'Just sit back and let Asiamet directors do their work...' The joke of the year, right?? Any other directors would've been choppd off their heads. But okay, to be fair, lets recall that our directors refuse to take a salary, but have been receiving shares instead.

Hopefully! But for now Mister Black&Decker has been right with his announcement that ARS will drop through 4p and establish there... Now lets see untill where the journey goes.

Sells/Buys
2,030,072 / 1,379,633

Richy, allow me a question: Can you actually park / hold / risk 25, 30 or 50k Pounds just like that for the next twelve months, in a share where the loudest noise is the share chatter? I'm just trying to find out what motivates people to hold so faithfully, fearful of any profit taking.

Anyway, I am sure that one sunny day Asiamet will come up with a cooperation anouncement and send us back to a decent 8p. But right now, after so many failures, the market preceives any company director announcement another "l i e" (or lets say hopes & dreams).

...interesting closing price :))

TA important now to regain 0.60p today or tomorrow. Otherwise this becomes the new upper wall with technical bounce that could lead EUA down to 0.53p.

What a nice christmas dream to have seen 27p for a moment !