Member Info for Couerdelion

I can envisage a sideways movement with either a downwards drift to 200p or an upwards drift to 450p?

Presumably there'll be money to be made in the "drill, bad, drill" policy.

He's a parody of himself. I think he's now picked 5% (it used to be 2%) because Poland are spending around 4%.

Not that the % will really mean that much to Trump - the only thing he will look at is the amount of defence spending going to US companies.

Who is TW?

41% of votes against the Remuneration plan.

Tells you all you need to know

Perhaps they aren't going to liquidate everything then.

HD, that's of course different from your interpretation of a downgrade to profit to be a clear message that profits would be lower. It doesn't matter all that much as the market interpreted the profit warning as a sell sign but that's not to say you would not recognise the buy opportunity of a stock already depressed by institutional selling and where the news resulted in overselling to leave us at these levels.

Production delayed is hardly lost production. There's some loss from potential assets that are missed because cashflow can't support them and also a risk that some machinery will need replacing. Not forgetting too that this is only the copper side of the business. The PGM and Chrome side can easily justify the price and most of the copper business is operating to plan.

Too others here suggesting that Leon might take a more junior role, I think this is deluded - when he steps down as CEO he will leave the company.

I agree, the markets are dismal. But I can also view a stock like NG as a dividend stream which allows me to leave the SP to the whims of the market. Will probably continue to dip in at these prices but funds will be a lot freer in January at which point I'll probably have to pay more so felt a gradual introduction was the smart move even if I end up paying £10 when I have more funds.

I am familiar with the political risk but here there is a more natural hedge for those stocks (which I also own) on the other side of the "green" agenda. If anything, NG is the hedge for those other politically exposed investments

By my reckoning the Trustees of this trust appear to hold around enough shares to match the buyout program so may be using it to realise assets in the trust.

Does anyone recall what it was set up for?

I've been following the shares for some time and decided today was a good time to introduce NG to my portfolio. I was planning to invest in January but saw the opportunity to use some existing funds to get a little foothold. I'm not expecting most days to be as generous as today but the 5.8% dividend will go some way to comfort me in the tougher days.

No doubt, in time, I will get to know all the downsides to this stock.

It wasn't a general point about trading strategies but specific to GNIP. With only around 5m shares in circulation individual behaviour can have a big effect on the daily movements but we don't know if those selling now are people who bought at 17p, 20p, 25p or whatever.

What is encouraging is now there will be more who have bought in over 30p which will provide some level of support for the SP.

As any when it gets to a level where I will take a little profit, I'll keep most of the shares as there will still be more upside to come after that. Assuming of course that the trading updates continue to support my "fair price".

Having a target exposure (and a range) for each stock is a useful discipline if only to ensure you keep a reasonably diversified portfolio. In fact you can get most of the benefits of diversification with 15-20 stocks which suggests that one or two of then will often sit above 10% exposure.

Arguably this is a good time to be overweight in GSK and being in the health sector is also a sound long term pick. I added yesterday because the price looked low but even if the price rose 50%, I wouldn't trouble any sensible tolerance level beyond my own artificial comfort levels.

Some examples: BA, GSK, CNA off the top of my head but GRG and JET2 also have large swings from peak to trough. 10%+ swings in prices mean that share trading costs don't take a large chunk of any gains.

Maybe I should rephrase that. "Buyback program has only just started".

They're not hanging about either. At this rate they'll have bought back over 1% of the issued shares by Christmas.

Badger, I'd say 20% was already too adventurous but the 50% of steviewonder is just plain madness and needs to be derisked pdq.

I don't know how these exposures have been acquired but I would hazard a guess that we've been playing a game of "double-or-quits" with the markets. That's a game you are almost certain to lose - maybe not this time but the sooner or later you'll find the share that burns to nothing.

Both of you need to start working on an exit strategy.

Let's not forget too that the buyback program has not yet started.

Patience. It's still at support levels and well poised to make a run.

Just keep aside a little cash in case it falls because there is your buying opportunity.

Bullish might perhaps offer his own view of the world and how the balance of life and peace might be secured.

You're average BAE shareholder is under no illusion that we require firepower to deter the aggression that we can clearly see in operation in Ukraine. Finland, which shares the largest "Nato" border with Russian is also under no illusion and their war planning anticipates operating alone against Russia for several months. Defence spending among the Baltic states is many multiples of those even in Poland where it exceeds 4%.

These are all countries which share our western values but who also see that they need to prepare themselves for what might come next after a "peace" agreement in Ukraine. Trump has at least flagged the need for Western Europe to take more responsibility for resisting the Russian threat which is quite clearly there.

I could mention China but that could be a different order of magnitude.

Seis,

You remind us of the Waste Rock Project and this is just another part of the company that is completely unrecognised within the share price.

As for the final element of the RNS; the exercise of the options. We can all feel aggrieved at this but it was long since priced in.

Don't buy at 4p if you don't know what you're buying.

If you do, do.

That's a vote of confidence Fender. But do we need to put Forest on alert with his foil blanket if things turn the wrong way?

I am a little intrigued why M&S is your chosen target for short term profits. Right now I can see plenty of shares that are looking dirt cheap and heavily underpriced. I think M&S a quite cheap but not excessively so and not as cheap as some of bigger FTSE companies