Member Info for leas

Maybe Rex Harbour is still reducing. Apart from his wealth he is no different in terms of investment decisions. I must admit I do not know enough about the company and his substantial holding but why is he choosing this strategy. Commodities are looking good, production ramping up on the back of improving infrastructure so why is he prepared to take a hit. Of course I wouldn't be stupid enough to say he is manipulating the share price but perhaps my thoughts are similar to others here. Taking a pragmatic view, once numbers start firming up and production steady then the fundamentals will correct the MC and perhaps the company could use their profits to buy them off him. :)

Great return for you when we do. I was a little slow here but sold a LTH for a very good return. Not set any targets but normally keep 1 tranche as a free ride when I sell as a free ride. Doesn't always work out that way of course but I can dream :)

Totally agree ragnar. I cannot ever see the perfect fundamentals for trading. As always the profit or loss are the figures that will be scrutinised. Volume back today with 16p being the resistance. Get the feeling we are at the tipping point.

Large trades here are 'O' yet the ATs are smallish in comparison. Still watching this with a view of taking a position but those Bots are clouding the true picture here. I just don't understand trading nowadays. Not ashamed to admit it either. We are supposed to have things in place to stop the market being rigged but clearly it does not work. Shorting is bad enough but this is like waiting for your turn on the 'one armed bandit' You can only research and look at the fundamentals to give yourself a better chance but you cannot take into account someone setting an algorithm to manipulate the price.

Lets hope that S,A. can finally become an emerging economy based on the principles of Mandela. A good day for the people and hopefully for those invested here. No weakness in the sp (so far) as we approach the interims. Share buy back programme drying up so a change of strategy may be needed. Many many positives here for holders.

http://www.casselsbrock.com/files/file/SLD2-MaudoreHarbour.pdf Worth a read............

Megan, not invested but the fundamentals here look great. Infrastructure improving. I thought the sp weakness was down to the area the company operate in. That said, production has not been knocked too much with civil unrest. I didn't realise that the company had such a significant shareholder who has a strong controlling factor on the sp. Clearly it is not in his interests to see the sp so low when he has so many shares. Unless I am missing something the fundamentals are set to improve so why would he not sit and wait and sell into a rising market? Only rational conclusion based on information available is manipulation. Be interesting if any significant shareholder increases their holding at this level. Be even more interesting to see if there is any connection with Rex Harbour.

Be interesting to see if the anticipated change of leadership of the ANC has any affect on the s.p. Foreign investors may feel more confident if Zuma resigns and a degree of stability is restored.

http://www.thisismoney.co.uk/money/investing/article-5376403/MIDAS-SHARE-TIPS-invest-FTSE-cuts-rough.html

Morning Wuffle Have a look at the trade data for January and February. We are only into the second week of Feb and there has been more trades than there was between July and December last year combined. Is it expectation of a dividend being announced at the interims? The wider market has been weak but SLP have been pretty robust despite the apparent large trades. http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/exchange-insight/trade-data.html?fourWayKey=BMG864081044GBGBXASQ1 Worth looking on the site for the fundamentals too. At this rate they will have more money in the bank than the current MC. Madness.

Large late reported trades. The sp strengthened off its days low after they were executed. Something definitely stirring. Not convinced theses 500k transaction are sells. ragnar, enjoy your weekend..... leas

1.5m 500k tranches. Something without doubt occurring in the background. Surely we must get a holdings RNS soon. Where are they getting this amount of shares from?

Full Ask being paid, daily volume still above the average. Looking very interesting and still off the radar (thankfully) For now.

Seems to be drying up. Value of shares bought in January about �1k. Cost to company for issuing RNS? Cannot see the logic now in keeping all of the profits in a bank unless the company have other plans to make use of it. They could of course have a great interest rate :)

Thanks Bazz. Confirms what many investors here already know. Volume is still up from the daily average. Still those 'meaty trades' going through. A holdings RNS would be nice. I suppose until we get an update then its anyone's guess. Article the other day from marketwatch which gives an indication on where the wider market sees PGMs https://www.marketwatch.com/story/how-palladiums-rally-is-setting-platinum-up-for-a-comeback-2018-02-03

"market does ' ...... fat fingers

Ivy, I don't see the worst but sadly the market died until it is convinced otherwise. Yes it could be for personal reasons but the market has no emotion. Let's see what happens next week underlining fundamentals remain unchanged.

Ivy Dickey was not supposed to have been the interim CFO At best this was a bad appointment by the Board, surely he must have made a commitment to the appointment. Sentiment was already low but this has just added a bit of uncertainty. I have been an investor at IMM for many years but this has tested my patience a lot more.

They do have to let the market know when they have reached an agreement or in advanced talks. I'm not saying they are, just an observation. Many years ago I invested in ASDA. Their sp went from 70p to 130p in less than a week. The number of shares traded triggered a RNS, the company knew of no reason for the sp rise other than they were going to buy their own fishing fleet in Scotland. The following week they issued the real reason on the sp and cited NDC as a reason for lack of news... I think as pi's we have to realise that the share of the pie left for us is normally nothing more than the crumbs. You can only make informed decisions on the information being provided. Sadly the information we are fed is normally historic.

Tricky Dickie didn't last long! Jon Gold partner in AMP.. talk about jobs for the boys. lol