Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Old Sid, what are you one about? Are you looking at the same share price as me?
I've sat back and observed since pretty early, I got in here at sub 5p, posted only a few times in the early days and checked in occasionally.
Some of the utter hysteria is beginning to annoy me (I know it shouldnt). When they find something of note it will be released to market, anything else is wild speculation and conjecture. Its really no wonder that most investors who put money into the stock market lose money.......the modern day phenomenon of having no PATIENCE!!!!
If your point is that nothing is guaranteed when it comes to investing, your right.
However, any comparison of SMT and any fund that was managed by Neil Woodford is total BS....its like comparing a local newsagent with Harrods....go and have a lie down.
Some people here still don't get it. Holding a share for a 'reasonable time like 12 months' is not optimal or a sensible strategy with a trust like SMT. Look at what you are buying into, do some research, figure out your time frames, invest for your children here or for when you retire in 5 to 10 years.
Transferwise is about 0.7% of SMT......unlisted at the moment obviously.
You do know that you have invested in a Trust whose Fund Managers pick long term, high growth companies that can take 5 to 10 years to mature?I'm not making that up that's Anderson and Slaters USP.....for what's it worth I agree returns will grow again sooner than 5 years but as a sensible investor you should understand what your investing in....from both comments, neither of you do.
I don't think you understand what you invested in. Best of luck though.
The returns on SMT are not measured in hrs, days, weeks, months or even a few years. 5 years yes. If you don't have the stomach for it and are more focused in the macro economics of the day, this isn't for you.
Crytpocurrency and Blockchain technology are two different things completely. I was and probably still am fairly skeptical of cryptocurrency, only recently taking a small position in Ethereum that I can afford to lose. Etherum to me seems to have a purpose (I'll not go into that) Blockchain technology in itself can and will have multiple real world applications and is potentially huge in the area of big data, something through it's healthcare holdings that SMT is backing to disrupt medicine and primary health.
To the villager analogy I would say this....fiat currency and gold are nothing more than belief systems, if people stop believing in them, they collapse in their function. It would appear that maybe Bitcoin is heading in that direction. It's key component of being, as far as we know, decentralised from state control and digital, the digital world should not be underestimated now.
Time will tell, really glad SMT got involved and to be honest I didn't expect anything less.
Was surprised people got impatient with this one....Still well undervalued compared to peers, dividend to come and huge cash flow coming I'm from copper alone to reduce debt.
Very much so, patience is required. If you've done your homework, you'll see the unlisted holdings that have yet to IPO, let alone the quality that'd already on show.
Stripe, Northvolt being the two massive ones.
I understand newish investors impatience, given they bought in on an almost unprecedented period of growth but just try and trust the process and managers.
Still got OTC to come into play, when the market closes here. HLOGF volume has been getting bigger as the weeks go on.
One of Tencents seed investors,Napsers, just announced they were selling 2% of their holding. 35 million invested in 2001 and 10s of billions back, maybe one of the best PE investments ever.
No change from the Fed, no rate rise until 2023, inflation will be transitory but spiked and they will telegraph any tapering to the markets when the time comes. They must get bored if churning out the same message to the markets. Maybe they'll take it as gospel this time. Its all well priced in anyway.
Appears that not much ISA money is coming this way. Doesn't really change anything, zone out until after Q2.
If you are interested in Helium, check out HE1. Very interesting, usual caveats.
Support seems solid at 39p, anything under that worth topping up I think.
With the results, there was never going to a big uptick in the SP. Maybe in January there would have been a rush but we have entered a period of bearish, risk averse and downright confused market activity.
This is part of a process and we can now see that the structural conditions have been set to benefit from the underlying economic boom that is undoubtedly coming in the coming months, that should play into Sigs hands.
Mid year results will be the biggie.
No idea how the SP will go today, positive management of net debt would indicate competent and well structured management though which is a plus point at this cycle in the market.
Benign is a good way to describe the market in general at the moment. I doubt if an Insulation company, looking for a turnaround job is going to catch anyone's eye. Positive results tomorrow and a decent bump in the SP, followed by consolidation is far more realistic at the moment.