Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
My god @Big-Blue, how do you have the energy, let alone desire or time to keep arguing with people here? Especially when it gets trivial? And especially when you keep repeating yourself so much.
I wouldn't bother if I were you lol. Make your point and leave it. discuss further if it brings value, but as someone else here said, you do seem to post far more emotionally and very defensively.
It ought to go without saying that everything that's happening is terrible, but let's move past the ethics and morality, and focus on the things that have tangible effects for us investors here...
@Matan, thanks for your reply, obviously facts are pretty straightforward, but am of the same conclusion, that it is a strong buy - was mainly waiting to see if I could get in at a lower price - which I just did! :D
But also curious as to why everything has been so quiet on here today, and the share price so odd on it's quoting today...
@Rico1991, what's even stranger - I made my by at 16.04.33 for exactly 180 shares, for £984.80. But on the LSE JRS Share trades, it's showing my BUY as a SELL!
Surprised there's been zero chatter at all on here today...
Been thinking about buying in here, currently have exposure to Russia through POLY and EVR, so thinking a small position, only £1k...
Been getting quotes for 86.5 GBX all day, what's with that?!? Any ideas, general thoughts, or opinions would be nice to read! :)
@Slownsteady - yes, JRS ARE an "unfriendly" foreign shareholder, BUT they aren't looking to LEAVE Russia - their whole existence is based around being heavily invested into Russia. If they left, they might as well drop the "RS" from the ticker. But, since they're not leaving Russia, they don't face that same treatment as BP who are leaving Russia.
Lol.
Truthfactory, just give it a rest. Your posts are not contributing any real value.
Fair enough if you have views and arguments to present, which provide an interesting debate, but nobody here is interested in the way you simply state ****, and insist you're right on baseless crap. Fine if that's your opinion, but stop regurgitating it...
@HeresHopin - I've never used the filter function before, and can't seem to find it... how do you filter people on here?
@Hedged, I have no clue tbh. This share is a roller-coaster mate... In my mind, the news we've just received should have seen a push north and hold above 7p, but we pushed to 9 and have retracted heavily since then. From a psychological perspective, I reckon part of that will have been profit-taking at the top, and then fear by others seeing the SP retract back downwards and continue to go down.
It's now fallen below the support above the 6p mark, so we'll see how far this goes down.
IMO there's no fundamental reason why it should continue falling from here, but with this share you really never know!
I've had so many times where I've been tempted to trade, and kicked myself for not doing it, as I've more of a LTH attitude to investing, and didn't want to risk making incorrect predictions. I think in the long term this will certainly get stronger again, but until the business is stable, anything is possible...
I would love to see that! My average is just south of 16p a share... would love to see anything north of that tbh... but am afraid that's probably still a fair while away... too much turbulence with this share.. I reckon we need to see more strength in the company and on it's balance sheets, and the initial return to lending to go well before we see any stable moves northward of this SP range...
Great one Lat! XD I recently re-watched the original Top-Gun in anticipation of the new one... not had a chance to see Maverick yet, but looks awesome and I cannot wait! I'm most impressed by the sheer fact that Tom Cruise taught all the other actors to fly and do their own stunts too!
@Truthfactory, mate, whilst 49% is a horrible rate to have to pay, compared to other sub-prime lenders, it is by far the lowest. At the end of the day, it's the cost of business. With sub-prime lending, the business is lending to people who are more likely to default on their loan than banks do, hence they charge that premium percentage - to cover the losses of those that do default, plus the costs of keeping staff, advertising and shareholder divis etc. Without Amigo, there are only worse rates about. And without any of the other regulated sub-prime lenders, there's only sharks out there, who will not only cost you an arm and a leg, but take yours if you default.
Life's not fair, but people need a way to build their credit and get back to prime lenders. Amido is designed to facilitate that. Sure we don't know the specifics of Amigos new products, but Gary has told us loosely of his plans, and spoken about how all the products are designed to help people build their credit so they can get access to prime lenders.
At the end of the day, a lot of people who borrow have no clue how to handle their money. They borrow more than they can afford to pay back, and that's their decisions. can blame lack of education or whatever you want, but at the end of the day, resources are finite, and the world is not fair. There is only so much that can be done. And as someone previously said, even prime lenders typically charge more than their APRs, as these are just "REPRESENTATIVE" and very few actually qualify for those. Moreover, it's barely more than the charge of being in your overdraft.
Call it harsh, call it unfair, whatever you like. But that is simply the market, and it is that way because of risks of default. IF you don't want to invest based on that, then by all means, don't, nobody here cares about your portfolio or investing decisions. BUT bear in mind, most people here are invested, because the information they've been presented with, has convinced them that the company has solid leadership who have come up with a good model to do business with. Despite the setbacks over the last year, they've come through something that many others couldn't have done. They're now the only majorplayer in this market space, with nationwide recognition, and once FCA has approved all, with this financial climate, they are set to make even bigger business... just my two cents on this as a credit controller...
Great point @Hedged! And especially so with this roller-coaster ride of a share.
@Roxy2020, I sincerely hope so! I stupidly averaged up towards the last court hearing last year, so average is around that mark for me... been kicking myself all year for not de-risking when it was around the 30 mark before the last court hearing and buying back in when it was lower again, especially at around that 2p mark we saw recently!
Well, I've been holding on for over a year here, nice to finally get some actually good news!
Hoping this rise will last, but what about that dilution though...?
I wasn't able to tune into the court proceedings or anything yesterday, does anyone know if anything was said regarding the share dilution? Are they sticking with 1:19? Has that been enforced by the court or does it look like we might get away with a lower proportion of dilution?
nice one, thanks for sharing @Slashnburn!
Somewhat worrying how much of a breath of fresh air your post is...
- that is to say I am enjoying reading some of the things people have to say about the war, as it is very relevant to our positions, but so much of it is utter drivel by trolls its rather tragic...
So nice to have something focused on purely the company's goings on! :)
@Easiwynns, that's fair enough! As I said, never saying your statement was incorrect. Cheers for providing that :)
@Easiwynns "Sweden and Finland wanting to join NATO is a direct result of Russia invading Ukraine." bear in mind, correlation is not necessarily causation... Not saying you're wrong, however, conclusions made from inference are not as reliable as ones drawn from deduction and tested hypothesis... there might be a million other reasons why they have decided to join, and might have been a long time in the making anyway...
@Big-Blue, I appreciate your posts, whilst I don't agree with all of what you say, you do make some interesting points, and I enjoy reading things from another perspective... I'm not sure I fully agree with your current rhetoric on Ukraine going to go on the offensive and push Russia all the way back... Primarily because of the additional time, money and lives it'll cost... morale is high defending, agreed. However, to re-take everything that's been lost I think might be a struggle, in any case it is a gamble.. Currently they are in a position of strength, and the Russians know this, therefore, the Russians are more likely to cede more in negotiations. However, if the Ukrainians try to push back and don't have the expected success, then not only will it prolong the conflict and cost more lives and debt to US for lent weapons, but moreover, will boost Russian morale for a renewed offensive. All very delicate at the moment, and could go either way. Personally I think end is nigh, everyone wants this over sooner rather than later. I don't have a crystal ball, but based on what I've seen I would agree more on the side of @FairAnalysts points, but we'll luckily all live to be proven right or wrong...
Oh yes! Don't see any reason for it not to, they've got such strong fundamentals. The worst the gov could pin on them was supplying steel for wheels and rail for civil purposes, and in order to sanction them, they've cited that this steel which was intended for civil use, well before any whispers of an invasion to ukrain, is aiding the russian government, it's laughable!
Aye, rather late than never though! I'm sure you've got this! :)
Aye, did the maths myself, it does look rather nice! Will reassess the situation as and when the divis are re-instated... Will most likely re-invest the divis in other high divi yield companies, so as to spread the risk whilst maximising the profits... and then use my income to continue investing in more growth type stocks and beaten down blue chips...
Nicest thing is that all of it is within my various ISAs, so every penny will be tax-free!
Thanks @Just-Anathor-Bot, GL & ATB to you too mate! :)
@Just-Another-Bot wow, that's a very nice amount!! with that, a return to £15 that'll fetch you a very nice 210K, plus dividends at that level, that's very cushty for your retirement!
I've only got 3447, but I'm only 25, so with a return to normal levels, plus a few years of divis, that'll be very chusthy! Plus, I bought 23119 shares in EVR at only 52.22, so a return to normality over there will be very happy days! XD
@Onlyonewhufc Nice! I wish I had more to spare to buy more, but I'm all set now... hoping prices stay low until pay day on the 23rd, but then am considering JRS to diversify my investments among the beat-up Russian-exposed stocks... so we'll see... As much as I want to, I am not risking selling other of my investments to pile more in here though, that would not be very sensible as that would be a bit on the emotional side then, and as I said, I try never to invest emotionally...
@Onlyonewhufc absolutely! With my investments I always look for ones which are underpriced, and ideally already covered by the company's assets, so as to negate any risk of loss due to unforeseen issues such as in the event of insolvency.
- if what is there is already worth more than the price I'm buying in at, then loss is only made if I sell when the SP drops lower. This way I can remain confident to not sell when sentiment is low, and then in worst case I'll still get back what I put in... Obviously that is easier said then done, but that's why I love investing in blue-chip type companies during times like these - very difficult to go wrong that way...
@Matt, @Ade1234 has a very good point.
I like to use these boards to get a feel for sentiment, but always bear in mind that most people have an agenda.
Try to look for comments which have well formed points, and arguments, but always DYOR. Factcheck things that others say, and don't take it for granted.
I enjoy reading posts from posters like @Fair Analyst, @Big Blue and @Pandamonia, as they often bring something valuable to the table... I tend to ignore emotionally heated crap, as people on here unfortunately tend to easily get drawn into arguments, which quite quickly devolve into childish drivel, however, some of the arguments and debates can be very informative...
Ultimately, be careful of people ramping and de-ramping, i.e. making it look like a goal in the bag or using extreme fear tactics. Some are honest opinions, but others have an agenda.
The key with investing is NEVER do it emotionally - otherwise you WILL make big mistakes. Read up on the great investors and how they've done it, trust your research, and don't panic sell if something isn't going as expected - markets recover, and often when things are down, people sell when they're closest to the bottom. Good thing is to average down, buy as price drops, but don't over-expose yourself.
My personal opinion, with POLY, short term will be volatile, and highly dependent on the progress of the Russia/Ukraine situation.
I guarantee, that if it ends soon, we will see a very rapid gain in SP, followed by a correction as people cash in profits, and then a steady climb or descent to real value. If it doesn't end soon, then the SP is likely to slowly move lower, as it has been doing over the past few weeks since the last high. I myself bought in at 259 GBX, so sitting on a bit of a loss, but IMO still a very good price - can't predict the future with certainty... at time of buying I had suspected price would move a bit lower, but for a matter of a few percent, I wasn't willing to loose out on the gain potential that the company has, so I piled in there.
Ultimately, choice is yours, consider all things carefully, fundamentals of the company, micro and macro economic factors, and the geo-political factors.
Any price predictions are just predictions, unless you have a crystal ball, they are the least important consideration in comparison to the aforementioned. I myself am reading up a bit on Technical analysis, to help me understand price predictions a bit better, but that only compliments the other fundamentals for Long-term investing.
Good luck mate! :)
20th of this month - moving that day so I'mma go with that guess! :P