Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Joined a modest 375 shares today to compound. 2 weeks too late but hope some legs in this still. Gla
Had a target for 300 shares at 2750 but didnt quite get there. Do darn resilient. Does anyone own imb as well as this or just one or the other? I like diversity but i like divs too!i know neither are massive growths. Prob 2 quid here and 2.50 quid growth imb. Just curious to see if many go double on tobacco
Had mine from ii in the morning. Think next one will be a bumper divi. Concerned share price may hang about these levels now. Think we need to upgrade software again. Its still a touch laggy
Operation Chris Rea is a fantastic move in every way. An example of quality and class and brains. Gla.
well funny you ask
my father worked (and still does) for NEX since 1996. they used to give him share certificates every 6 months (paper days). he collected them all and i remember them all very well as we was having a sort out during the world cup in france 98.
he as a bus driver was oblivious to the share price and think he missed 09/10 crash where as i followed it as and bought into it myself during the crash as i was amazed how he had perhaps a 5 pound share now worth like a pound. by now id qualified as a pharmacist and had some money to play with and bought heavy into the market. This share my father between my father and I we have a large holding. and was worth a lot 10 months ago lol. i learnt about the stock market from when he bought them certificates home and bought many companies and understand fundamentals etc generally of the market
this is why ive maintained my stance (please feel free to check my post history) NEX is a company i know inside out and seen a crash and seen the way they absorb contracts and get out stronger. but yes imo this revount will be like 10 years ago as the company is very robust. its my largest holding buying 100s a month since that crash but one im a touch underwater on too. this will play out as before, up down sideways... it will get over the line of 400+ within 365 as the world needs NEX more than what people think.
This might go up or down as its a crazy world but my word talk about a proper company. So so pleased as its reaffirmed what ive been harping on about in this very room for years. U can hold down good essential solid companies. Up or down today the end result will be pre covid levels which is what i could do with as a pre covid holder! Amazing rns. Just wish they would name them newcontracts in rns as they go along to keep the prices up amd volumes high.
Good progress. Lets get them small contracts that folded. Think we half way to our natural price imo. V long term holder btw. Always said stay calm in this. Will be back before airlines and cruises.
Final 300 top up for divi and accelerate compound. Sub 15 ill keep doing it. Gla safe as houses
The new gen will not have capital to buy shares. Instead they will take a punt on plus 500 and say a share will drop 30 percent to make a few bucks. 83 percent lose their money here and thats sad but good as a share holder. The market and commodities will never lose its volatility. Theres always something going on. Its a bomb proof money maker and ive bought another 1000 today. Relax and let the reckless people line our pockets.
Quite a day in the market hey. Id love to see this carry on but think will be a sell off 2mw. Not for me. I had a target at the end of the month of 160. Now i would be happy to see 180 or 190. If we could build a base at 200 ill be over the moon. Quite a shock to the market and the defensive shares i hold went sideways and those covid hit ones boomed. Still a pound underwater but those shares that been hammered bounced brilliantly today and well done those who bought low and sold today or waiting further gains. One more pound so i think a year before my holdings here are even but its a fair holding ive built up over the last ten odd years. Think there is space for a final top up of couple more thousand on dips but fundementals are the same as saturday and last week so totally happy with any accelerated gains. Only regret was not buying more at 130 but hey ho no wont complain. Gla and good evening.
Is a month and we dry tested a year . Others wont will falter but our cash pile will absorb them contracts and dont forget we multi national. Not just uk based. Happy with having a few more as this goes sideways. Lockdown could or could not be extended but we covered our selves a year. Not bad management id say
Dont be too nervous mate. One the safest ftse plays in history. Basement prices n get a few shares when you can and reinvest your divis and you will be safe as houses. Dont worry too much. If you see a 2 percent drop jump on a few shares. This has 4 quid a share left in the tank to go up minimum longer term let alone the divis. The world needs gsk. Being a pharmacist by trade its an absolute monster of a company. I helped myself to 100 more at 13 odd quid and couldnt care less i could of got them 10p cheaper when they do 40p jumps on a good FTSE day which will be after c19 elections etc. Dont be nervous on this one imo.
Imo a good week. Rattled market with c19 and elections etc etc which will resolve in its own time. Regards to this share the fundamentals will remain the same and plenty reserves. Only thing is that is will be a slow process. As we are a grounded company we will recover quicker than those in the air. Zoom out on a graph in a years time and this (and many others) will have a U shaped recovery. Theres quicker money to be made but thats a game for the skilled and daring. Personally ive been boring and added a few gsk nex plus500 DGE. This is as safe as them for me. Just slower but bigger upside as it dropped. Ps im 50 percent down here so no guru but see it as a golden ticket with how many shares ive got. If we get to jan price in 24 months ill not work another day in my life. But as i said a good week considering all the drama. Enjoy the weekend all.
With the new generation leverage trading is here to stay. Top up opportunist will see this
Was quite happy with them keeping the divi. Quite a nice robust company. One to become a market leader over the years the way its lead
Thought i was the only holder out there. Was posting to myself below haha. Happy with them results. Explains a lot with the drift.
So the days of recession leading to car ownership plus congestion charges to move around are here for the 2 years? Grow up judge
When i said close i dont mean sell out. I mean ill be happy with our sp at 160 with the market turmoil. Ive said that a long time if you feel free to check my post history
Paddy your right. Course boohoo will bounce 5 or 10 percent and the rest anyday. But that's over there and look at how many dramas have been had. I hold boohoo btw too as fundamentally the online clothing market it the future and they on their game like it or not. Back to nex. We have the new ceo now so flow will follow. Yes stagnation is always an issue day to day. Have a look at a 3 year chart and u can see stable solid growth here and only a freak moment like c19 would of knocked this about. This will be fine paddy but fair play to those who dip in and out. Some people dislike those who day trade but i envy them. Its heck of a skill to purchase at 8am and by lunch make 500 quid. Im a little simpler though. Perhaps emotion involved in this now for me as a holder of having it over 4quid plus and only going up. But i take comfort in the bigger picture and top ups etc. Good luck whichever way you go and tbh its not a 40 percent over a day rise type of company so u can jump on bandwagon anytime. For me, despite being a young investor (32 years young) i have done the same thing for ten years. Find a company. Hold and buy. Ive added plus500 and boohoo only this year. Otherwise ive held this and gsk as my core holding and hope my usual plan comes good. But we wont go up or down in a hurry i dont think. Ps there is a confusion over Thursdays results. According to me we not due anything but apparently so. I hope to close November at 160 which shows what a slow coach i am.
This and more or less every share will need time. Wish had got in 120 and out 150 or 170 is a hindsight. If you believe in the fundamentals then it will look after itself. Course we wish we could flip it and increase holdings or make the money. But lets be honest. We here as normal leyman and not mr buffett. Best most of us can do is wait for a strong company to come through. Interims could make it boom or it could be a blood bath but normality it 12 months away so best imo park it up. Had a poor few weeks in portfolio but all the companies fundamentals as far as my research had allowed statistically should prevail. Just weird times. Id like to think in 18 months we talking what the divi will be and not about 5 or 10p drops and rises. This company was a rock prior covid and i think it will be soon enough. Gla