I have sold for personal reasons if that's ok. I like to track my investments daily - managed to check in today but most days I can't so I'd rather not own any at the moment. I only hold JSE which has been suspended for a couple of months until this morning at 10.30. Hoping to be back in in a couple of weeks.
Hydrogen looks like a potential solution to the perceived need to remove petrol and diesel cars. Electric cars just aren't fit for purpose for at least 50% of motorists. Having said that an investment in Hydrogen technology fund would have lost you a lot of money over the past year or two. For now copper looks like the all around bet whilst the politicians mess things around and the public vote with their wallets.
Hi Mikie - love your positive attitude. I have no trader mates, I don't trade as I tried it and it doesn't suit me.
The warrant 'card' that I played was in response to someone saying there were warrants due - my post was all about not worrying about warrants - 'ignore' or 'check volume at the time' for November (it is April).
To be clear I wouldn't worry about warrants or options at this time. I don't want the share price to fall - my grandkids bought back in (i.e. me investing for them) at 5p and are holding them for their future.
The only thing I posted on charts was the weekly chart providing comfort against any sudden share price fall (as viewed last night) - this is being played out with a resilient share price this morning.
Hope you have enjoyed the ride up in the share price so far and may there be many more days of positive returns. My hope is that we get into a steady move up with 0.3p gains followed by 0.2p falls day after day after day - everyone can buy and hold then and there's no room for those terrible traders (ooh they are evil) to make a profit out of our beloved share.
Going to regret this but here goes. Frogkid has been around JLP for 15 years. He knows the patterns, the operations, the company leader. He has seen the rises and falls, been invested, held too long, sold too early etc etc. All of that experience helps. He also has an open mind and posts sensibly. He contributes to discussion rather than try to shut it down. Hope that meets with approval. My breath is bated.
Quite right Edzi -take the rough with the smooth, gamble on buying and selling or top slicing or whatever suits you. I do think you have to take into account your own personality in getting a good investment strategy. The downtrend is now broken as you say and an uptrend is in the offing, successive higher lows and higher highs. We need higher lows (re-traces) to enable the higher highs.
Someone mentioned warrants - this is what I have gleaned and there's no panic in that regard but just be watchful for the November ones being taken up at some point before then.
Warrants:
22July 2024 (not sure on this one my data may be incorrect) 750,000 at 3.4p - ignore.
19th Nov 2024 7,818,750 at 4.13p - be watchful in low volume trading.
26th July 2025 750,000 at 3.9p - ignore.
7th December 2025 22,279,492 at 5.2p - when these are taken up - sell until they have cleared.
21 Jan 2026 4,036,431 at 13.2p - let us all hope they are a problem at that time.
Options:
I believe there are 23,964,491 available for take up - however, there could be more as the company issues them without reporting it to reward those close to JLP operationally. When and at what price, I have no idea. Just have to react or sit it out if and when they are taken up and in what quantities and at what volume is at the time.
I'll get back to you Edzi on the other matter.
When talk on here gets a bit confrontational it reveals what people really feel in their heart of hearts about the sp. Interesting review of the PGM markets posted on here last week where the female reviewer stated clearly that the price of pgm's showed no correlation with the supply/demand situation. The fundamentals do not show the full story. Investor sentiment needs to be taken into account. She mentioned stock levels to be more important than imbalance - interesting.
On the charts - weekly showing good resilience and a mixed set of indicators which IMO shows no sudden collapse of the sp here - that was before today's trading.
The yearly chart and all indicators are showing a very clear message, which I am not going to comment on - take a look for yourselves and come to your own conclusions. Ask Frogkid to expand his opinion and share his vast experience of JLP and have a thoroughly good grown up discussion about the short, medium and long term prospects for the share price and company development. GLA and play nice, the share price has risen and we are all better off.
Keep posting Roxi - feeling positive on the restart - no idea when it will be obviously but each month with elevated oil price has to help the cash position. Each month moves Akatara onwards towards more cash generation. It would be nice to top up now but it is what it is. I have no real opinion either way on the reverse takeover. The company is focussed on growth, as a share holder I'm focussed on cash flow firstly and then increasing profit which leads to higher share price. The size of the company doesn't bother me so much although it does provide resilience.
Yes Happy days - I remember those days in at 13.5p and sold at 44p about 10 weeks later.
My plan this time is to make 100% profit in 18 months. The rise this morning took me just over 60%. I have just sold up at 7.35p average due to a lot of stuff going on in my personal life. JLP has been a great distraction but I can do without the stress of looking in every morning. Going to give it a rest for a few days and come back fresh to the situation. Grandkids shares are in and leaving them for the long term. If my timings out then it's no biggy. More profits for others. GLA.
Just looked in this morning Edzi. Surprised by the continued rise (pleasantly) - I thought we may see a re-trace to the 200 day moving average at 6.5p and then move on up from there. Obviously momentum is there. Not surprised some are locking in gains of 40%, 50% or even 60% but the selling isn't dampening things as you say. Pausing for breath on my charts. Nice to see experienced AIM investors talking about top slicing profits rather than doubling up on falls. Here's to 8p and beyond Edzi - get the good guys in profit.
Even though the information wasn't misleading, it just didn't comply with the mantra of those who appoint themselves with the jurisdiction to "pull up" others. Lol.
Anyway - happy days in the JLP world of investing for all - no bickering eh.
Nice to see blue on the screen.
My amateur charting (I know - it tells us nothing - it's all about the fundamentals) says we have now finished the bottoming process. The sp is exactly where it was 4 months ago when I first started to think about buying. A 0% rise but also a 0% fall. Thankfully I resisted the temptation to buy based on the fundamentals and followed the charts which said it was still going down.
Bought at 5p and sold at 6p for a 20% profit (due to rise on a pump). Re-invested at the next bottom at 5.52p and now we are back up around 6.7p. Due to the wonders of compounding the profits I'm up 45% whilst the share price is flat.
Bragging - no - well yes a little - when you've been slandered I think you get that right.
Two points - firstly - if you don't use charts and indicators at all then maybe you should consider it -that is investment advice.
Secondly and more importantly for the LTH fundamentalists - the bottoming process looks like it's done. We have had two higher lows and now two higher highs. A close above the 200 day moving average can be claimed as a breakout into an upward direction. There are a couple of long term resistance points above the 200 day moving average depending on where you draw lines on the chart - the vagueness of charting lol.
All in all a very pretty picture on the charts and some of the short term headwinds in the real world overcome - a good 4 months IMO. GLA.