Member Info for fogthemogg

I'm pretty sure there's one guy from a fund sat there with a price control algo just continually trolling this board.

Why have people allowed themselves to become so emotionally attached to Tullow? Trading names like this is supposed to be fun, if you end up wishing harm or death on others then probably best to stay away from the market 😎

4% is hardly a big drop by Tullow standards is it...Wouldn't mind another nibble in low 30s again before we head back to high 30s though.

SilverSpoons, that's some real pie in the sky investment case there...I really hope we've got something better than in the future as a push behind PMs.

CFD holders get paid on ex-divi day...You're welcome 😎

Divi hit my account this morning from my CFD position, tried to buy a pint with it but alas wasn't enough.

Nitro even if you're conscripted to fight Russia you can still penny flip HBR from the front lines.

Spoke too soon, back down she goes 🚢

JMAX has gone through a month's worth of underwear in the last 24 hours.

The worst was avoided it seems but still quite a tepid market response with low volume. Needs a close today above 500p.

2024 production outlook looks to be flat for 2024 so we still need much higher PM prices and they've gotta get a grip on those costs...

Jetcrowts why would you hold equity for a 4% yield when the risk-free rate is higher...

S&P 500 and Dow have recently made new all-time highs with Nasdaq not far off now.

Meanwhile, here in blighty the FTSE 100 is still 10% below 1999 high and it's the same old fools arguing about Tullow at 31p 😂 Sums it all up really...

Thanks Max. It's not like any of us here as mining investors ever keep our eyes on news from China...

Have you got anymore scam junior silver miners to shill this week?

Bring back Tony Hayward I say, at least we'd have some laughs whilst we sit here festering in purgatory.

Ade, if China eventually pull out the big stimulus bazooka then GLEN along with the other miners will rerate up quite dramatically.

If they don't and China's economy continues to circle the plughole then yes, 397p yesterday will look far from cheap later this year!

Anyone else see the lowball bid shenanigans, spread and volume in the closing auction yesterday? This is what the FTSE has become unfortunately, spiv trader paradise.

4 million is still 6x the average volume last year when buybacks were often 90% of the daily volume.

Flying? Miners are 2% up after dumping 30-50% over the last year...At least it's in the right direction though.

Some big volume over the last few trading days at 1.3m-1.6m, now is that dumping or loading up? Can be both of course🤔

It'll need a big divi hike because why hold stagnant equity for 4-5% divi yield when risk-free rate is the same?

Think we'd need to see a divi yield closer to BATS or GLEN. However, that would be a PR disaster and we'd end up on the tabloid front pages alongside unrelated stories of people freezing to death.

10/10 for taking the time on the DD guys but why apply this to a spiv trading stock?

A danger of UK shares going out of fashion?

FTSE 100 is still below pre-pandemic levels and less than 10% above the glory years of late 90s/early 2000. I'd say it went out of fashion about 20 years ago.

Lots of reasons for that of course, ranging from absence of big tech in the index plus a litany of dinosaur companies with terrible management (present company included), to Brexit and financial crises.

There's also very little retail investor/trader participation in UK stock market too and culturally our obsession with the housing market means most tend to shovel every penny they have into that.

Bonker they've had production problems since 2021...Do try and keep up.

Have you ever cast your eyes over the accounts? Stagnant revenue (not much higher than 10 years ago), declining ore grades and huge cost inflation has seen earnings halve. Sounds a bit old fashioned but that might explain why the share price has more than halved since 2021?