We would love to hear your thoughts about our site and services, please take our survey here.
@Tjay09, I remember your name and assumed you’d held throughout.
I remember reading the following comment by you on 5/9/21 when the SP was 319.50: “ Guys if we get 10% rises next week or the dizzy heights of £10 a share at some point I propose a meet up in a pub and I’m buying the first round !!!!”
We all make mistakes so don’t be hard on yourself. Good luck for the future.
“Closing credit” should be “claiming credit”.
NOFEAR (what an immature name!) is touting his own share (Capita) hard, like a desperate salesman. The problem is that his posts make it clear that he doesn’t know what he is talking about - I call him NOFIDEA for good reason.
He’s now closing credit for predicting that this share would fall from 4p as if that’s something to be proud of - that’s got all the foresight of predicting that it’ll be cold in winter.
He’s shamelessly flogging Capita.
@Meton, may I ask what caused you to look on here again (since it was £2.70) and prompt you to post? I am just wondering.
L
I encountered “NoFear”, no, he shouts it, “NOFEAR” a while ago. I call him NOFIDEA for good reason. It was quickly evident that he doesn’t know what he’s talking about.
His name alone tells you a lot - it’s a name that a teenager would give himself. But he goes further - he puts it in block capitals. And he puts a childish image at the end of many of his comments. It’s terribly immature.
He has verbal diarrhoea - he has posted on average 6 comments *per day* for the past two years. Two years! We’ve all met the sort - the unkempt man down the pub who will give you unsolicited advice on everything and anything while unable to manage his own life. The sort who spends most of his life in the pub because he has nothing better to do all day, and because doling out unsolicited advice to strangers is what gives his life meaning as it quells his fear that he is unimportant. Hence his name - he’s very fearful.
Listen to him if you want to (if you have nothing better to do) to humour him, just don’t believe what he says.
“NoFear before selling Cine you said in the forum that for sure was it will go to 150/180p, but you needed the money to invest in another stock”
@AllKap: Thank you!
I thought I read something where NoFear told someone else that they were making a mistake at selling CINE at about 110-120p as it would go higher.
There’s a reason why I call him NOFIDEA. It’s evident from his comments that he doesn’t know what he’s talking about. What he does do is proverbially throw 40 darts at a dartboard. He ignores the 39 that miss and tells you all about the one that hit the bullseye, as if he’s a financial guru.
Capita has plummeted while he’s been singing its praises. Yes, it’s recovered recently but it’s still well down on when NOFIDEA has been praising it.
The first rule of the internet is that if people claim they are one thing, they are probably the opposite. “NoFear” (what a childish name) not only claims it but SHOUTS it.
Just ignore him.
NOFEAR wrote: “But in my casino you get more life's to live out again”
What does that mean? Seriously! His comments are littered with similar rubbish. They are an indicator of his IQ.
“NOFEAR” a.k.a. NOFIDEA wants you to follow him yet can’t write basic English.
Just ignore him. I call him NOFIDEA for good reason.
@Benny-Hill, that’s good to hear. I hope it is untrue as it is manifestly unfair.
@bald_eagle - I agree. I would have thought a deal is a deal. However if what the posters said happened did actually happen, I assume that the brokers’ Ts & Cs would contain a term permitting them to do this.
There’s one easy way to check - read your broker’s Ts & Cs.
@Patiencebringsit: “Cloudy you are nothing but a deramper. A smooth one with a silky approach.
nice try“
LOL. Some people see a conspiracy everywhere.
I’m trying to help. You choose to ignore what I say - that’s fine with me.
I don’t hold CINE shares and never have. However I do look at shares which I feel are destined to go under, to educate myself - to see why people don’t sell even when the writing is on the wall.
I don’t mean that cruelly - it is a genuine attempt to educate myself and it is fascinating seeing how people talk themselves into believing everything will work out OK.
I did not mean to depress anyone holding - I am sorry. I wrote this as some people may intend to buy in on Monday and sell either on the same day or shortly thereafter. I wanted to warn you of a potential risk.
(By the way, the last word in the thread heading has been cut off - “mo” should be “money”).
On another share which later went into administration, some people sold just in time, shortly before suspension (possibly just days before). However they came onto the discussion on LSE a few days later to say that their broker had informed them that they had been unable to obtain payment for the shares and had consequently deducted the proceeds of sale from their account.
I thought that brokers couldn’t do this - a deal is a deal. I assume it is covered by the brokers’ terms & conditions.
In other words, selling before a share is suspended is *apparently* not a guarantee that you will obtain the proceeds of sale, if your broker doesn’t receive the proceeds of sale.
I have no personal knowledge of this so I cannot vouch for its accuracy but, as a number of people on that share reported the same problem, that suggests it is true.
It’ll be interesting to see if anyone reports the same problem with CINE if it goes into administration.
I do not hold shares in CINE.
“Toppy... It will dip.... Day trader's share“
@TheSurvivor7 Why are you so confident that the SP will dip? And what level are you predicting that it will dip to? All shares tend to rise and fall in a sawtooth fashion so predicting a dip is like predicting rain in the U.K. in winter.
(Continued...)
Thungela was demerged from Anglo American in June 2021, completing the FTSE 100 miner’s exit from South African coal. Thungela shares, which are also quoted in London, fell as low as R20 on the first day of trading as investors in the US and Europe dumped the stock.
Since then they have soared by almost 1,400 per cent and the company has an equity market value of $2.2bn.
I can do better than that.
Heading: Thungela to pay bumper dividend as coal price soars.
Sub-heading: South African business spun out of Anglo American reveals 4,000% rise in profits.
Investors in South Africa’s largest exporter of thermal coal are set to enjoy a bumper payday amid an extraordinary boom in prices for the highly polluting fossil fuel.
Thungela Resources, a spin-off from Anglo American, declared a dividend of R60 a share ($3.68) as profits for the six months to June surged more than 4,000 per cent on the back of record coal prices and premiums.
The payout is nearly three times higher than Thungela’s share price on its first day of trading 14 months ago and underscores the huge profits being generated from coal.
Glencore, the world’s biggest exporter of thermal coal, this month revealed earnings from its coal business had surged almost 900 per cent to $8.9bn in the first six months of the year. Chinese and Indian producers have also reported soaring profits.
The results are the latest evidence of a remarkable turnround for an industry that has been shunned by many investors and banks amid a global push towards cleaner fuels.
Thungela said demand for “affordable” energy sources had escalated following Russia’s invasion of Ukraine, which has sent shockwaves through global energy markets.
“Coupled with supply constraints in major coal-producing regions, this resulted in the price of thermal coal increasing to unprecedented levels,” chief executive July Ndlovu in a statement.
South African coal shipped from Richards Bay is trading at almost $320 a tonne, according to Argus Media, up from $140 this time a year ago.
A full ban on Russian coal shipments has just come into effect in Europe, boosting demand for alternative sources of supply. It comes as Germany fires up coal-fired power stations ahead of the winter after Russia cut gas supplies to the continent.
“We expect an even larger dividend of R67 per share at the full-year results, assuming there is no merger and acquisition activity,” said Ben Davis, analyst at Liberum.
In the six months to June, Thungela reported net income of R9.6bn ($578mn), up from R351mn in the same period a year ago on revenue up 160 per cent to R26.1bn
It also lowered guidance for shipments as rail constraints continue to hamper its ability to move coal from its mines to Richards Bay, one of the biggest coal terminals in the world.
Thungela expects to export 13mn-13.6mn tonnes of the fossil fuel this year, from an initial projection of 14mn-15mn.
The company also approved the R2bn Elders project, a proposed underground coal mine in Mpumalanga province, although Ndlovu said it would not add incremental tonnes to its production profile but replace production from another mine that was reaching the end of its life.
(Continued due to character limit..)
Parge, please just reply to your original comment (on the Telegraph article) to add the second & third pages rather than start a new thread for each. Thanks.
@TheSurvivor7
Why did you buy in? This just seems like an odd choice of stock for someone apparently so nervous.
You only joined LSE under a month ago (20/7/22). On 10/8/22 you wrote:
“I'm new to this stock... It has had a fantastic rise this year.. But where is the top? I bout at 1347, so I feel I'm in at a high price considering this has multi bagged. I read a article on bloomberg saying Russia disruption Could keep coal price high for years... Just like some feed back please.”
“ The JSE ex-div date is 15 August and the payment date is 26 September“
There’s a slip there. Declaration of dividend is 15 August, ex-div date is 22 September, dividend payment date is 10 October 2022.
@pop31 I’m grateful for the two links. I actually wondered if your first one (yesterday’s) was by someone else and not Boatman Capital as it was such a U-turn.
Re your second link, opening paragraph: “When Anglo American spun off its coal arm to form Thungela Resources last June, no one could have predicted that the taboo energy source would make a comeback”. A number of people on here would disagree! It’s funny seeing them trying to justify their U-turn.