Member Info for headder

Strarting to think a share buyback would be preferable at these levels rather than a dividend.....

Have been taking screen shots of simply wall street ownership stats....

Since I have held the shares, retail ownership has gone from 30% down to 4% now. Shake out has already happened I think, although there has been some institutional churn, low is probably in.

Well roxi, with posts like that & after the 'chairman's letter', it looks like you're job is still safe!

Oh, if are bullish all you can do it set limit orders to pick up shares on the way down & make sure you save some buying power for a final shake -,out in the new year! Be prepared for 40p!

I bet it's tax loss selling polish. The placing at 80p by the Spanish shareholder could well be being used to offset gains he has elsewhere. Same for any other large shareholders if their tax season ends Dec 31st. Should turn around by the end of January...

They are probably just tax loss harvesting & buying from another account......

No idea. Sold my remaining holding after the company put back the feasibility another 6 months. They never usually announce stuff like that until the quarterly updates.

Hey Pollack, you still own ferro alloy? I sold near the lows, only a small position here at least it can't drop 60% being earnings accretive & having positive earnings unlike the money pit in Kazakhstan hey.

Guess I got a bit too pessimistic, still think it doubles from here if they sell the powder met or when global interest rates come down, it's just i'm betting a Vauxhall and not a Jaguar, although I do need a new car and will have to buy a banger. My next fist waving will likely be at samsung, although I have a stop loss in place for 1/2 there......

Oh, weakening £ should also help sentiment, even though the £uro has been depreciating against the £, it has been marginal & might reverse higher as the UK economy looks in slightly worse shape long term given the uncompetetiveness of corporations etc.

Not sure anglo-dane, was waiting to pick up a load of shares at around 40p but may not get a chance. At first it looked a bit of a trump trade beneficiary, and then also of the likely hood of favourable terms being reached between China and the EU over tariffs etc. but could just be large investors buying in because the ceo says the 'strategic review is progressing well'. Who knows, maybe they have been talking to him..... All I know is, as of today, I am 2 years of 3p dividend payments from break even, and the shares still rose on a day when BYD was in the news for trying to negotiate down 3rd party car parts citing 'increased competition'.

Not really, company is but a scam, if the shares rise & volume returns, guarantee 100% they will do a massive dilutive placement as are loss making & drowning in debt, but what do I know, YOUR the speculative short term shareholder!

Price action today was not bullish. Don't know what you clowns are talking about, think we at least double bottom from here, buying something because it's 'oversold' is a good way to lose money, especially if you are excited about 'buying lower'. Same as interpreting a reiteration of a 3 Month old guidance as bullish, especially with added forecast of market weakness next year, or touting a twitter post, with out of context quotes from paid research. I think you guys should specialise in other things.

Wouldn't be surprised if we bottom out at 37p if the sluggishness continues & there is no sale of powder met/ recoveries in demand seen by FY results..... No rush to buy shares anyway, reckon the dividend will be 3p this year.

I have realised I bought too early and after averaging down twice I will just sit on it. Since my ownership, the main shareholder has cashed out, retail has gone from mid 30% ownership to just over 6 (and dropping) and earnings forecasts have continously dropped. We know the inventory situation etc. & a sale of powdermet could take years so don't rule out 40p in the future as trading volume declines & people still want to sell. Best wait for the trading update to see outlook if you want to invest for more than 2 weeks......

Just added 20k shares .......

I think it was the Forbes article as it roughly coincided with the sell off. Tase exchange holiday today so will have to wait until Sunday I think to see what the locals think ......

Oh and remember; In investing there are good times & bad times. If you survive the bad times, good times come again!

Https://www.forbes.com/sites/danielmarkind/2024/10/02/israel-considers-cancelling-lebanon-gas-deal/

https://www.investorschronicle.co.uk/content/4b8d436d-f5a7-5c73-84cd-7136e0880025

Here you go chaps; here is the CEO saying everything is fine and also a link from forbes about the gas agreement with Lebanon about to go null.

Oh, and here's a quick pressor over the political situation with the Lebanese govt .

https://www.bbc.co.uk/news/world-middle-east-67307858