The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
with the share price in the coming weeks - next news due (re IO#7) in the next 3-6 weeks which should, all things being equal, move the share price north - in the meantime, with order books to be filled, I expect some shenanigans....:-) aimho, and pdyor.....
nicely put mesquida - to me, this is firstly about increased production when #io7 comes online in February, which should boost share price as IOF will be making more product with little extra cost, plus the cost of moving #io7 will have been negated, but any real rise in share value will come from a recovering iodine price, and the share price should mirror any rise (or fall) accordingly....
wonderful post :-) You gotta laugh out loud - the recent 'goings on' with this share price have all smacked of a re-rate with someone with a large order book to fill - and sad for those pi's that got sucked into selling at 12-13p. Yep, this may well come back a little as day traders move in/out but for once I agree with 4444 - I think low 20's in the New Year is much more likely an outcome, with the double whammy of #IO7 coming online, increasing spot prices and SQM cutting production... aimho...dyor....
:-) I have lost a lot of my shirt quite a few times in recent years, but luckily, when one does get it right (GWP and IQE are 2 for me that have been wonderful) then the tailored Saville row shirts can be ordered again!! Different industry altogether I know, but this one has all the 'look and feel' of an IQE to me - and if it performs 25% as well over the next 12 months as that one has, then I will be a happy boy - I have getting on for half a million of these tucked away now, and will keep adding at these prices as funds allow.... aimho...and please dyor....
goings on with the share price lately, (imho) Certainly more interest in this share in the last 3 months than in the previous 3 years I reckon.. :-) To me, this all smacks of someone with a large order book to fill !! I have just topped up and it would not let me have just �5k in one hit - had to do it in 2 trades, which again piques my interest.? I remain a concerted buyer at anything under 20p as my personal funds allow, and look forward with optimism to 2018... aimho, dyor...
another lovely positive post from you...:-) perhaps you need to increase your does of sanatogen in the evenings??.. :-) (Only joking!!!) So, have you ever heard of shorting? or market makers? and if your 'theory' of buys and sells are always 100% even, then how does a share price ever move ?? Can I suggest a little research into the basics of share buying and selling would not go amiss??
Excellent to see support at this level - I think many people are 'waking up' to the fact that this share, if it delivers as expected, is way undervalued. I note broker ratings of 20p plus....Good to see some volumes as well, since the bad old days of 'nowt happening at all' - again this gives me a degree of hope that buyers are aligning this share in their portfolios for 2018 and beyond... aimho....dyor....
Nice RNS, but only confirms what we already knew I think - it appears perhaps this share will only really take off when #7 is in full production and iodine prices recover further - before that, you will have price swings as short termers move in an out for 10% gain/loss. That is their prerogative, but I for one am hopeful for a very positive 2018 and that this will reward LTH generously....I top up frequently as funds/price allow
agreed - nothing to get too excited about, although nice to see the share price consolidated at the 13p -15p range, and hopefully as we build towards news in Q1 2018, he price will start to reflect the hoped for positives....I remain a constant buyer at anything sub 20p....aimho....dyor....
As already stated, short term traders will move this, and have done so taking a quick 30% profit - but I predicted stability between 13p and 15p and it appears this is happening - I agree this is a good time to top up, (and believe anywhere below 20p will prove to be a very smart move next year), so I have now started using the wife's ISA allowance to do so, albeit in �2k chunks for now which will impact on her handbag acquisitions, so please keep it just between the two of us!! :-) I am sure you understand that news-flow creates interest in a share, and there is no more predicted news-flow before January 2018, so there may be re-traces in the 13p - 15p range during this time but as I say, I will use the dips as a very opportune time to top up - my last top up was at 18p, so nice to get back in again today at these lower levels, and I remain a long term buyer/holder. aimho....dyor...
IO#7 expected to be rebuilt and in production Q1 (but possibly as late as April 2018) which will increase the number of plants in operation, reduce overall costs, and increase production - all at a time when Iodine prices continue to rise/recover. I think this information is now priced in - i.e. people believe the board and can see this all happening, so I expect a quiet period between now and then - and if a re-trace happens as impatient PI's jump ship with a few quid profit, so be it...once the IO#7 is confirmed and production increased, IF prices continue to rise, then this is very well positioned for a move to mid 20's initially - after that it all comes down to profitability/debt repayment to move the share price onwards... very quietly confident for the next 24 months...aimho...dyor...
just done my top up - last �2,500 in my isa this tax year, and had to pay 18p to get another 13,855. I think there could be some selling at this price from day / week traders, so I may take a small hit short term, but as stated before, at these bargain levels, I will continue to top up wherever/whenever possible, as I truly believe a huge corner has been turned and 2018 will be very positive...aimho of course and please dyor...
Encouraging indeed - may see some profit taking by day/week traders, and that is their business - good luck to them - but I see this share as extremely well positioned now to move much further north in 2018 - LTH for me, and I will be topping up as soon as funds allow.....
4444 - no more sapre funds left currently, or last week for that matter - when I can find another �2,500 to chuck in to max my isa out (in for �17,500 already), then I will, and it will all go into IOF - sub or post 20p to be honest - in this for the long term - hope this answers your question my dear old thing...Actually, thinking about it, I should have the �2,500 by the end of this week, so, and as its of such interest to you, I'll post when I top up :-)