Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
Kalan seems to have picked up where BT left off, being the most prolific poster in a company he has barely got a toe hold in... I wonder why? As for Buttf**k, I see we have the illiterate one back for the present. He can stay all day but still won't get the present....
Demand for Chrome is forecast to rise by a multiple of 5 due to the increasing demand for stainless steel in China and India. It is unlikely that the price will soften. The "finance bloke" has had no say in the matter. The diversified metals strategy was put in place many years ago by Colin and Leon and we are now about to see the payback on all of the time and capital invested by the company and institutional and private shareholders that have supported the company through this time.
From the RNS: "Diagnostic tests are another great addition to the Crest Medical portfolio as we look to expand further and deepen our partnership with Boots. Abingdon Health are at the forefront of this expansion and we are thrilled to be partnering with a company who are leaders in lateral flow diagnostics."
It suggests to me that Crest are a strategic supplier to Boots who probably, at some point, rationlised thier supply chain to a few key suppliers and part of the agreement was that Boots would only procure through them for certain types of products. Not an unusual arrangement in big corporates as the amount of red tape that has to be gone through to set up a new supplier can take literally years. I was involved in one with a large telco that took 3.5 years.
Utter drivel .... They weren't... the time is printed when they transact. "Some trades qualify for deferred publication due to the type or size of the transaction. These will be displayed at the point of publication, but show the date/time of execution as with other trades. " https://www.londonstockexchange.com/stock/JLP/jubilee-metals-group-plc/company-page
Kalan has to drive home his message that the SP is going to fall.... so trades after hours at that price that don't fit his agenda, Mikie! His dire warning that we have broken a mythical "support price" is supposed to deter people from investing now, allowing the price to drift down to what he wants to pay to trade it again... "Bought at 5p - sold into the rally (wasn't my intention - it just went up too far too fast on no news)" Blub, blub..... However his supposed expertise at TA didn't really help with JSE, or WRES, or SAV or GLR ....... Where were his charts for those failures??? Or more poignantly, where were Bushy's charts telling him about the 50% fall in HUM this week....??
"Company might be fraud or not...???" I think the company will be interested to hear that..... Screenshot taken.... Odd that Butterball's use of English has deteriorated so much....again. Really ought to be more careful all round...... 😁
Our Hero's first ever post on LSE.....
"Heroric
Posted in: JLP
Posts: 68
Price: 15.76
No Opinion
Down4 Oct 2021 12:49
Every day down, down, down. I have been invested in Jlp for years, but a little tired of the constant dilution impacting shareholder value despite allegedly making money... No dividends, more dilution, falling share price. Had enough. I want out now."
Yet here we are 2 1/2 years later and he's still clinging on when he could have sold at 3x the price.. ..... How odd.....
I go out of my way to rebutt false assertions but it can be quite wearing to do so as there are plainly paid teams of people operating on some boards who aim to flood them with misinformation to the point where reality becomes hidden in the haze. But in this post-truth world I think it is even more important to challenge the fabrications as if not they become accepted facts which can too easily influence the unwary.
Not all traders behave poorly, wyndrum, but many do. And like it or not, and I have never seen evidence one way or the other as to the potential effects of online discussion on share prices, although GameStop might make an interesting study, many do think they can unsettle holders and influence their behavour thereby creating volatility by being deceitful or preying on their all too human natures, which basically are fearful. When money is concerned nothing is too low..... but as I say, not all and I certainly was not implying anyhthing about anyone posting here.
And that's where the tension is between the two groups. Fundamental investors invest their money in support of the enterprise in the hope and belief that with their support and if wisely run it will in time grow and prosper and they will benefit from that hard work and faith that businesses require to weather difficult times. Short term "investors", aka traders, as you said your self, don't care about the company; it is merely an instrument of profit potential. And when you throw the ability to profit when the company's SP falls into the mix it is easy to see why it becomes toxic. Most fundamentalists don't care about what traders do as in time their "impact" is irrelevant, if they do it quietly, behind the scenes (although the advent of Hedge funds has changed that, as such massive forces can permanently affect the fundamental stability of companies). It is when those traders, in an effort to try to create volatility, use lies and distortions, fear and uncertainty to try to enrich themselves, as you see in commentary on BBs, that the conflict is fomented. It can bring out the worst of human nature and be very ugly.
TA can only ever try to explain what happened; what WILL happen is in the lap of the Gods.....
Hahaha..... ask Tom Winnifrith if he is a baby sheep.... :) "But we aint seeing the 5p ever again- the future look too positive :)" What a pro ....
Its in a death spiral ...... "But we aint seeing the 5p ever again- the future look too positive :)"