Member Info for DavidYli

It always does.

“The stock market is a device for transferring money from the impatient to the patient.”
Warren Buffett

Lithium shortage slams brakes on electric car revolution: Prices of crucial battery element up six-fold since 2017. Lithium shortage slams brakes on electric car revolution: Prices of crucial battery element up six-fold since 2017. Experts predict lithium demand could increase ten-fold by the end of the decade, as more of us get behind the wheel of an electric car.

https://www.thisismoney.co.uk/money/markets/article-10779299/Lithium-shortage-slams-brakes-electric-car-revolution.html?ito=email_share_article-top

We are a property mad nation on an island with a finite resource served by a vertically integrated builder … BlackRock fully recognise this and just keep picking up shares on the cheap.

Sounds very much like COVID 500,000 deaths per day prediction. Some journalists just can’t help themselves from creating clickbait. BlackRock must be ringing their handle on how cheap they’re going to get the shares.

Great results though I suppose BlackRock will be disappointed in the drop. Excellent results like this usually mean a 5% drop or more in the share price. Nevertheless, I'm sure they will be picking up some more shares from panic stricken holders of our company.

And BlackRock keep accumulating shares for next to nothing. Paranoid shortsighted investors afraid of WWIII, Covid, inflation, interest rates etc etc etc will just keep feeding the BlackRock behemoth with their shares at dirt cheap prices.

Amazing how BlackRock just keep picking up our shares on the cheap from paranoid short-term 'SELL! World's going to end!' investors. They've done the same at Persimmon as well.

BlackRock (RNS) sees how undervalued we are and keeps building their position on the cheap while paranoid investors keep serving their shares to them on a silver plater. The short-term 'SELL! The World's going to end!' mentality is truly amazing.

There will be a trading update 27-Apr-22.
They will undoubtedly report record sales and profits but the stock price will invariably drop by 10% or more.
Paranoid traders think the world is coming to an end yet the public just keep buying houses ... hopefully there will be an awakening at some point and we'll realise our true value.
In the meantime I'll just collect my 10%+ dividends thank you very much.

We're also vertically integrated.

Persimmon Plc's (LON:PSN) Intrinsic Value Is Potentially 70% Above Its Share Price

https://simplywall.st/stocks/gb/consumer-durables/lse-psn/persimmon-shares/news/persimmon-plcs-lonpsn-intrinsic-value-is-potentially-70-abov

London Stock Exchange subsidiary FTSE Russell has said it intends to delete several Russian firms from its indexes.
Companies to be deleted include Evraz, the FTSE 100 steel giant, of which former Chelsea owner and billionaire oligarch Roman Abramovich owns a 29 per cent stake. Other firms include Polymetal, the FTSE 100 precious metals mining group, which has been listed on the London Stock Exchange as well as the Moscow Exchange. The list of deletions also features the FTSE 250 London-based gold miner Petropavlovsk and Raven Property, property investment group focused on commercial property in Russia. The firms will be deleted from all FTSE Russell indices “in conjunction with the forthcoming March 2022 index reviews, at zero value.” This change will be effective from the open on 21 March 2022.
https://www.cityam.com/ftse-russell-to-delete-russian-firms-from-indexes-including-evraz/

Why is this not having an effect?
"London Stock Exchange subsidiary FTSE Russell has said it intends to delete several Russian firms from its indexes.
Companies to be deleted include Evraz, the FTSE 100 steel giant, of which former Chelsea owner and billionaire oligarch Roman Abramovich owns a 29 per cent stake. Other firms include Polymetal, the FTSE 100 precious metals mining group, which has been listed on the London Stock Exchange as well as the Moscow Exchange."

Nice job BlackSteel, thank you.

We sure are getting them cheap!

Glass always half empty init?

Problem is Biden is a weak old man that cannot think strategically and Putin knows it. Thank God the USS Harry S. Truman has been placed under NATO command.

"Looking ahead, we expect our diversified strategy to continue to deliver and are well-positioned to continue to grow strongly. As we transition from the COVID-19 boosted comparators, we expect the growth to accelerate in H2 next year. We expect our operating model to drive enhanced scalability and operating leverage, leading to further margin expansion, and we are therefore upgrading our outlook for the full year and now expect adjusted results in FY 2022 to be materially above current expectations."
Future PLC – 2021 Full Year Results
Zillah Byng-Thorne, Chief Executive Officer

You’ve taken your profits now get back on the boat if you don’t want Zillah to leave you behind.

POLY is a solid, albeit Russian, company. I too wish I wasn't fully invested.
"Be fearful when others are greedy, and greedy when others are fearful.” Warren Buffett