Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
Thanks for your answers,
Am definitely not in the 'trader' camp. I have bought in, and then averaged down so now i'm at a break even of circ 23p.
As a comparrison i bought into Meta & Coin 18 months back, or thereabouts. Both have come good, eventually, with averaging down and patience. From this experience i am hoping Capita will, in the end, give me the same results.
I do my research, as we all must do, looking at company reports etc. Some others might prefer to draw lines on charts, that's good for them. But with me it's also about the person at the top. Mark Zuckergerg at Meta & Brian Armstrong with Coin. Both, very good communicators. Ok, i have to caveat that as i got it good and properly wrong with JL. But i do like AH, and see him as more like the previous two than JL. A totally differant fish!
In summation, i'm not in for 1p, 2p, 3p rise and out. Then hope it drops. Medium to long term.
I tried a couple of weeks ago double guessing the market. Sold 1/3 of my Coin at $192.50 as i 'thought' the SP was overbought. SP went on to $254. Basically, i'm cr*p at trading shares......
So, not directed to anyone in particular, but can one of you explain to me how writing something on here can in any way have an affect on the share price? Surely nobody in their right mind would make investment decisions based on something they read on a message board!
We are all just little people commenting on a free message board yer? How can we move the share price of a £250million company by saying 'i'm buying/selling'?
The Market Makers moving millions of shares between buyers & sellers, the shorters like Marshall Wace, the analysts & finally the corrupt media have much more sway that us fools.
Please explain .....
Mate , i got well and trully sucked into the JL turnaround story. (or allowed myself). Chair should have fired him after 2/3 years imo, but that's history now. I am where i am from my own stupidness; dug my own hole so to speak, but recon there are a good few on here done the same. Personally, i think this has been a traders share for a while now, but am not clever enough for that game.
Moving on and looking forward to a Capita under AH, i'm much more positive. If i get to circ23p, my break even point, will i sell out? Under JL defintely, under AH, not so sure is the truth. My pockets are not as deep as many on here but will say i'm at circ£2,000 a penny. If AH takes SP from 13 to 23, i may rue selling out. Who knows, lets get there first eh...
Goog stuff Aim,
Adolfo Hernandez was announced as the new CEO last July. So he must have been approached a good while before that. Hack was March. That didn't put him off. So i recon he must have seen an opportunity even then. Otherwise why come to Capita?
So, as you say Aim, it may not take moving mountains to turn things around.
June update, H1 in August, then by end of year we get Dec update. In the meantime more director buys, contract wins. We may very well be looking back at that time to 13p a share in March and wondering why we didn't buy more as it was all so obvious....E&oE
You know, i miss him. I actually do. Asside from when he drifted into his 'megauber' positive nonsence he did say some reasonable things. Can't think of anything right now, but am sure he must have.
So look, Sharehead, please come back once discharged, we need you here mate. Sharehead 2.0; balanced, respectful, eloquant..
E&oE
Thankyou Aim...
Must say that comments from members on here recently have been of an excellant quality. Even if not entirely in agreement points are made with respect. Board is working as a good message board should.
I had a quick look over at AD3FN the other day; fighting like alley cats some of them.....
JG, it was just a point brought up by someone on here recently. I myself, think there is not even a remote possibility of a RI.
Certainly after Director buy's.....
Moving on, i'm hoping that 13p is now (pretty much) the bottom. Into the 12's & i may try and find some spare cash from somewhere. Someone said it may trade within a range up until June Capital Markets Event update, which may well be the case. Up & down while traders have their time. But after that i see/hope for a steady rise to 19/20p.
Am seeing things differantly now JL has gone and we have AH running things. But it all takes time
AimMaster, good summary in my opinion
Two questions, if i may
1; What's your opinion of our new CEO?
2; With purchases by CEO & Chairman since FY Results, do you see that as reducing the posibility of a Right Issue happening? ie; Begs the question, why would either of them buy shares now when they know a RI is needed which could/would decimate the value of their respective purchases
It certainly is Trisor. Our man is a Star Wars buff. I'm fine with that. If he likes to go to Star Wars Conventions dressed as Darth Vader, who am i to judge. So long as he gets me out of my, now 40%, hole i've dug myself, im happy