Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Cars - I don’t suppose I could borrow it some weekend to take the Mrs out?
Joking aside thanks for your contribution to this board. Since the 40p debacle I have kept a keen eye on your post. I have recently sold all of my shares to invest in AIM companies apart from AML. Regardless of my 40% profit I cannot let it go. I do not feel like I am in it for the money now, more of a legacy to pass down to the kids.
Here’s to a good week and have a great weekend all.
Muel
Spot on Magic. I myself have now tried to limit my posts as I have nothing factual to offer and I am somewhat of an amateur investor.
I too have noticed a dramatic increase in BB posts and have found it somewhat hard to keep up with the facts. Regardless of that I do enjoy reading about certain musings and I appreciate everyone who takes the time to put forward their weighed and measured thoughts.
Have a great weekend all.
Ps I’m more than comfortable with the SP, in at 10p so payday it may we’ll be top up time. However I severely doubt we will be at 11p then.
All the best,
Muel
Agreed. I know I’ve posted this a couple of times but I’m in at 3.2p for 30k shares. I wasn’t missing this boat regardless.
If people remember me saying my target would be sub 3p, 2.5p if I’m lucky. I changed my plan but I was going to top up instead, did I? Nope because I’m silly, but I will be firing another 10k on at some point this week. I feel like this is the new level.
All the best,
Muel
I scrapped my 3p target and jumped in at 3.2p for another 22k shares. Happy to hold now for a while.
GLA, Muel
Hi PI,
Well I just wanted to get some on the board initially and then I will average down. I think anything under 3p will be my target, 2.5p if I’m lucky.
I’m no expert here but I am more than willing to learn. Basically I have turned my portfolio on it’s head in a matter of days investing in fields I have no knowledge of. Most of the discussion seems positive so I am more than happy to invest.
Regards,
Muel
After 2 days I have finally managed to acquire 8k in shares.
I am looking to get another 20k, my thoughts are wait till Thursday?
Thanks,
Muel
I am however clearly illiterate.
Have a great day all!
Thanks TmT, yes I have only been investing since March but I try to read as much as possible (as much as my 3 kids allow). I value your input and will follow your advise.
I wouldn’t same I’m an amateur but I have a lot to learn. I spent months reading about my investments and built a portfolio of hopefully 2x baggers, GGP was 1/6 of that. This last week I have said to hell with it and sold a few of my other shares to put in this. Who wants shares in Barclays anyways.. =D
Thanks,
Muel
Thanks Bliss. I’m not sure more barrels is a good thing or a bad thing!
Just think of the rate at which they can retrieve it? If it’s near the levels a previously mentioned then that’s a long time, will oil even be in demand then to those levels?
If they are going to go for it, isn’t it going to take some serious fund raising to get the assets to be able to achieve this?
Like I say I’m no expert, I’ve taken a small 5k holding but that would make me very happy if we reach the £1 mark.
Ta,
Muel
JB, I presume neither of those. Surely it would only work to my disadvantage.
Moral of the story, set a limited order Muel. Hell I think I might even go £5!
Thanks LP, what is the disadvantage of my shares being loaned out? Surely they should pay me for such a facility =D
I’ve just put another 1k order in. I’m pulling my average up but how can I not?!
Sorry, do I need to do this?
I now own a modest 7k shares, as pleasant as the thought of £14k is, why do I need to execute a limited sell to stop.. whatever it is I forget..
Thanks,
Muel
Now I am not one to be negative, I did some quick maths in my head late last night and came to a similar conclusion about the value of oil / potential. However I am sure I saw an article suggestion there are 770m barrels of oil to be had.
PMOs rate is around 90k barrels per day, I think that was about 32mil a year.. so it would take PMO (an established company) some 24 years to get 770mil barrels. 24 years.
So I think a value of £8.60, which may I add is 2/3 the value of shells current SP my be a little ambitious. I’m no oil rig expert it’s just looking at the market. I do however think a PMO share price may be achievable in the next few years if all goes well and that’s nothing to be snubbed at.
My order is already pending, I’ll be here for a while!
(This is purely my view, I’m not trying to ruffle feathers)
Thank you, I’ll look into it.
I have only been investing since March, may I ask where you would purchase these stocks 3 years ago?
I started using trading 212 but they only listed this stock recently, I feel if I want to dive into AIM stocks in the future I need a new investment platform.
Thanks,
Muel
I’ve had a mere 2k order on for 10-20 mins now and it won’t land
Mushroom, haven’t you heard? The lockdowns over.. my neighbour just had a bbq with 6 of his buddies..
Disclaimer: FlyingMuel does not believe the lockdown is over and still practises social distancing.
Hi All,
Firstly, thank you to all for making myself and any newbies here feel most welcome. I just wanted to briefly talk about my position at this time regarding investments as so many others have opened up so honestly.
My partner and I have 3 kids under 5 and we currently are saving for a mortgage (my partner correctly won’t let me invest that money). I have around £2.5k invested overall, £500ish here. Tomorrow I have made the decision to sell £400 of my Barclays shares and Pendragon shares and move it here. I am not concerned about a +1p share price as I’m in at 9.2p already.
This would split my investment in AIM shares some 50/50. Again I wish I was bold enough to go more but that is my comfort level given the current climate even though I am positive my investment returns here will be significant (for me).
Whether it be saving for my kids futures, putting money into a house down the line or saving for a pension; I am glad we are here and share a similar sentiment.
Have a great week all!
Muel
BottleRocket, I only have a small holding too 5.5k but I am hoping I can make enough here to kick start a savings fund for my kids.
I am becoming increasingly tempted to sell my Barclays shares however, they were only ever going to return 1.5x - 2x my investment.
GL