RE: Coal companies10 Sep 2021 09:52
Morning RVO :)
I tend to take a lot of analysts and brokers reviews with a little pinch of salt if im honest, often it is hard to find completely independant viewpoints from such people as they often have vested interests with the companies themselves. Brokers notes/comments i would never ever take seriously, Analysts, well sometimes the spelling of the word is as it is for a reason. As with posts on forums like this you should always make your own mind up and take all the information you can onboard before making your own decisions based on what you find, expect, can actually see and your risk appetite. Just because an analyst, your mate in the pub (or a forum poster etc) says buy doesnt mean you should, that is only one box ticked. The ones you wuote all have positive things to say but all come to differing numbers so nothing is concrete. Buying in such a manner i would consider gambling, where your money is concerned you should trust you only or buy a fund.
Will be interesting to see the comparasons you make with others, and from my own point of view i am positive here , hence well invested (alrhough slightly down at present), but i play the long game so can always wait for more info to come out in RNS's from the company themselves which will flesh out more factual numbers. As i say, im quite happy that this is good investement and once the bit of 'track history' comes out over the next few months with company based numbers i csn see a good rise. Once that happens i shall also be derisking. My usual method is to pull my stake back out leaving freebies, so im looking for north of 50% from here - given what i see as the potential.