George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
I was expecting a bit of a tw similar results day reaction here too ie a massive gap up on the open then maybe down for the rest of the day, does any one think there was any negative points in the results we may have missed or just that it was all expected and boring?
Hi picstloup,
When you bought rio in the 80s did you think they would go up so much after almost 40 years and more importantly even be around as a company or was it just a chance buy?
I don't know if buying before an anticipated positive results and hence bullish price action is a vote of confidence but the late sell off we're witnessing now may be something...
This keeps going up, I want to get in on a pullback but there doesn't seem to be one,makes going long somewhat difficult but there's got to be a short term sell off coming?!
People think this will pop tomorrow?
What do you think about these upcoming results they should have a fair effect on sp, but going from my recollection of psn's prev results they won't necessarily push up the price even if the results are good on the surface I was going to buy and hold but been stung before, even if it causes sp to shoot up specially if they gap up at open it may be worth a day trade at least since they're down compared to other housebuilders having not yet closed the gap down from going xdividend 4 weeks ago!
Does bwy normally rises/sells off on occasions like this? Any thoughts on how this may or may not affect sp on the day and afterwards?
The big drop on Thu was blamed on falling iron ore prices this and whether China will continue its infra structure drive being the main reasons for positive bumper earnings and hence recent bullish sp action for rio and also bhp are among the main reasons analysts are giving that could also be bearish for rio sp, ie iron ore price rises not being maintained due to uncertainty of whether Chinese communist party can be relied upon to continue investing in infrastructure, was what they said in the Sunday telegraph last week to Avoid rio however analysts in the times recently went with a recommendation to buy bhp which is very similar to rio. I too do hope that from Monday till Wed's close prices keep rising before the big 404 point drop on Thu, so hopefully I could buy some at the open tomorrow and hold for the divis hoping it can reclaim the lost ground due to ex divi soon, well if it does that that's the big question, worse it may never claim back 404 points or take months, miner sp's are very volatile, one day up 200-300,next day down the same next day back up the same and almost always Chinese economic data or metal prices esp Iron ore is blamed.
What are the thoughts on how the results could affect sp on the day and afterwards?
Are we guaranteed for the sp to go to £35 because that's the offer even if its not accepted,in the mean time?
Hi
I have noticed alliance news market reports are much more detailed and more importantly released earlier than share cast news including pre market, but I find it hard to always find the earlier alliance news on lse, is there a list on lse that I could always go on lse with only alliance news articles? I have nt find one and I can't get it from alliance news website either!
The rebound from Monday's big sell off looks like is continuing for a third day and we have bounced off of a lower trend line of a sloping down channel and Could keep going up till we touch upper trend line at 200s, if there isn't another big down day in the mean time which is highly likely to happen again summertime and all that,I want to get into psn after the xdivi drop today for a catch up play with the rest of sector and its present bullish housebuilder mood, should work out
the Web?
There was a half year results on 29th July 2020 therefore one should be coming up this July, right?!
Theoretically the run up to ex divi day 9 days remaining now should propell this higher up till ex divi day people buying to benefit from the huge divi but technically it looks bearish for now anyway,how much the divi buying bullishness strength upto the date is true?
In the UK in last 24 hours, I hope this does nt cause a sell off specially for house builders!
Hi adej1
Do we know the ex dividend dates for the rest of 2021 for sure?
And so all UK house builders were down today, in terms of technical analysis it looks like they Could be in for a short bearish trend that started today, do you agree?
Any thoughts on this?
I don't think I have ever witnessed a situation like today when ftse down 1.68% resulted in a 4.79% decline in psn. I really need to know if psn is going to have a similar big sell from the open again so I can hedge my position!