Member Info for CrystalBallBroke

Agreed, on paper this should be a buy, in reality, the minute i can get out of this one at even, i'll NEVER be back

H&L has no current/live price for this, and it's deathly quiet around here

and a share price that looks like it's anchored in quick sand

this is true, the markets are a law unto themselves some days for sure. The other info as i remember then, so no surprise to drive this down trend, it just is what it is, will have to ride out the storm as they say, i might average down if it falls enough. Only thign i would say is that obviously the start of the financial year may have gone as planned, i think it's gone off book a bit right now! waiting game to see how it plays out

yes that civil liability thing is a possible reason, but, it was a known possibility, right? there was talk of something like this, and NAH have mechanisms in place to diversify and cover the potential drop in revenue right? or am i thinking of something else?

seems i had a bit of a typo there, brain not in gear when typing, meant to say.... "are what i expect from my mining sector aim shares, not main stream brand name shares" it's too hot to think straight !

christ knows, but a 20% drop was not what i had in mind for this share, and i can't see this being "in line with expectations" for anyone who has invested here. right now i can afford to carry the paper loss, so i will, but at these prices, do i risk throwing good money after bad and averaging down in the hopes of a) a faster/easier return to break even, and b) in the event of a take over, an increased potential for some small profit These sorts of death spiral topping up to average down tactics are what i expect from my aim shares, not main market shares ! right now, profits form one of those shares is likely what i will use to average down here, alternatively i'll use said money for a couple of new investments and just ignore this for 6 months.

so it looks like the merry-go-round has a few more spins left in it yet, my head hurts after reading that lot ! it's a bit like having a "go to start" monopoly square half way through proceedings! gonna be a while before we see anything change on this, and i wouldn't be surprised to see them wind the company up and just vanish with the assets!

http://frontpageafricaonline.com/index.php/news/4461-sable-mining-bribery-trial-justice-banks-identifies-errors-in-judge-gbeisay-s-ruling-grants-certiorari

thanks, i totally miss-read that then

special divi would have been nice, but i don't see them as that sort of company, they tend to use additional cash to bolster or expand, resulting in the strong sort of share price we have come to expect, i'm up nicely on this one, and it's now around the point i thought i might sell see if i could get back in a little later at a lower price just to increase my holdings, but now we're here, i'm not sure lol, it seems pretty solid right now. speaking of RNS's.... can someone explain todays one to me, is that them simply moving shares around internally ?

no idea, i tend not to take the figures here too seriously at times, because i don't subscribe, therefore tend to get a sub-par service in respect to up to date figures, everything displayed for me is 15 minutes behind, whereas on H&L where my funds are held, it's live prices. Dividends and Yields etc for me are subjective, the dividend data can be trawled from many places, and the yields i tend to work out based on my buy in points, so regardless of the current holding value be it up or down, i see what the money i have invested is returning, gives me an idea compared to other forms of savings, albeit those that can't go down in value! Speaking of dividends, from what i can work out, this is the rough timeline for our next dividend.... 9/8/17 - 1/2 year results, which should confirm an interim dividend payment of 4.30p per share 17/8/17 - Ex-dividend date 21/9/17 - Payment date for above dividend That one alone for me represents a 2.4% return on the money i invested here, so i'm more than happy to continue holding.

the point at which i will be interested in getting in again, last time i looked the price was being affected by the dividend that was imminent, right now it looks a little over sold

" Fingers crossed for a resolution and re-listing. We can but hope." dare i even hope for this ?? (he says very very quietly lol)

i'll second that request, you have me curious

oh, and yes, i have looked closely at buying some more, unfortunately to make it worth while it needs to fall a little further, and i need to free up some capital, which is hard given that it is in investments with a better upside possibility than here right now, but it may be possible if i get a little further gain from one or 2

hahahaha..... you may be right! you might also have noticed i also said i called it wrong, i genuinely thought that although my buy in price was inflated a small amount due to the impending dividend, that the SP would recover fairly quickly, because i believed this one to be somewhat undervalued, and following the ex-divi date and a small recovery time that it would find some support for a slow steady climb to circa 180, instead we've seen little to no support, and a constant relentless fall, to a point as monty pointed out, where it is now prime for a take over, whether wanted or not

looks like we'll have to hold out a little longer for that 70p target

"So what are the negatives" the f'ing huge percentage i'm in the red with this one, that's enough of a negative for me.... called this one way wrong, thoroughly disappointed in it so far, and first chance i get to break even, i'm outta here!

lol, think i'll pass on that, if this struggles to get to break even including the divi (which it is right now) i might be tempted, because if it struggles to get there, then i suspect another fall, but i knew i'd be in the red after the dividend just wasn't expecting nearly double the dividend percentage, i'm just venting, should have gone with at IPF which has recovered nicely to it's pre-divi price, or ESUR which rose through the ex-divi date! just wasn't sure about them!