Member Info for Lenin

Despite the strong dollar the Gold Price has picked back up again after the recent minor dip ...With still so much Economic / Geo Political uncertainty ..( just this morning news is out that Russia has cut gas supplies to Poland and Russia ) ...could we soon be facing another head towards $2000 per ounce ??

Assuming no further fall in the price of gold possibly 10 pence is the end off the current downward trend for Shanta ...The Gold Price is holding up quite well one one considers the dollar is at an approximate two year high...

Yes ...I was expecting a 20 % plus Hummingbird Resources Style Drop ( it happened yesterday ) this morning on reading the early bad post and had a pleasant surprise to see the early gain ...Hope we can stay in green for today !!!

I had recently moved from Hummingbird Resources to Shanta...A bad reaction to their results ...over a 20 plus % drop ... hopefully at the very least Shanta will do much better than this !!!

I saw a U K made YouTube Video on the correlation between the Gold Miners and the price off Gold which showed that apart from some short periods the relationship between the two is very close ..... Nobody is panicking to sell off in the Gold Market so hopefully at some point this will be reflected in the Gold Miners ...

Some of the Gold Miners including Shanta are down as part off the general sell off in shares ... However unlike the price of oil which is down , where it would be understandable that shareholders in BP / Shell etc will be selling out the same conditions do not apply to the Gold Miners at the moment ... Hopefully the share price will recover when the panic is over as the fundemdals off Shanta Gold have not changed ...

No it is not typo .. The Simply Wall Street. fair value price for Shanta was £2.16 pence....I posted as 216 pence ....

Interesting to see Simply Wall Streets assessment of Shanta Gold and the valuation they place on the share price ...They seem to think the share price is undervalued by over 94 % and fair value for the Shanta Gold share price should be around 216 pence ....It's sounds like the Share Price should be rerated at some point ..!!!!

Thanks for your reply. .. .it was only a light hearted observation on the messages ..for the long term loyal investor I suppose a few poor days with the share price has no meaning ...it all depends on timescales of course and what position size a shareholder has with Lloyd's ...

What puzzles me ...if I was reading many other message boards where the share price is putting in an abysmal preformance ...the loyal investors would be throwing brickbats at the company or board etc. Many of the messages do not seem to show any concern for this situation regarding Lloyd's ....It must be that loyalty to the company or the dividend payment every 6 months etc is of greater importance..

Oh I am not saying the U K economy is without it's issues/ problems but usually economic growth is the yardstick used to work out if an economy is expanding or in decline ...the UK is ranked around number 5 or 6 which is even more impressive when you think USA / Japan / China
Germany have much larger populations ...

U K has been in economic decline since the 1960s ... simply not true since the 1820s if you minus the ups and downs of the British economy the average growth over this very long period of time maybe around 2% per year ...not spectacular but definitely not a country in decline ...

Simply Wall Street think that fair value for Lloyds should be around ..£1.11 pence ..which just goes to show how sentiment for any share can be completely out of kilter with the real value ...Just look at what happens to the value of a company share price when a takeover offer appears on the horizon .. !!!!.

There is a lot of gloom and doom on the message board ...and admittedly going forward there is a lot of uncertainty ...but sometimes people / investors are overly influenced by the bad news and do not pick up on any positive news ...For example despite the bad Geo Political news over the last month ..the U K economy preformed much better than expected in March with the S and P Global / CIPS UK Services sector accounting for 80% off the economy bar retail showed business activity rising at its fastest rate for 10 months ..Some off the more recent have had to be revised upwards which shows that basically the UK economy is strong despite the headwinds...

Just wondered if anyone knew how far along the path Taylor Wimpey are with their share buyback ?? ..One third maybe ???...I know no investor likes to see the share price fall but from Taylor Wimpeys point of view it makes more sense to be doing the share buy back at a lower level as they will be scooping up many more shares for the same money which should make them less vulnerable to a future major shard price drop ....

Okay well good luck ... there is obviously no clear formula that will make anyone rich with shares but ultimately we all worth whatever decisions we decide to make when buying shares ..

Mr Thriller ...when you say Poly International I am assuming you mean Polymetal International ...I did consider this myself but found out that most of its revenue comes from selling Gold to Russian banks which is essential for the Russias ongoing war with the Ukraine ...Its not for me to tell you or other potential investors / traders what to do with their money ( I class myself as a swing trader )... but when I hear that pregnant woman have been killed from the Russian shelling of civilian hospitals the idea I could be making money from an indirect connection to this conflict just makes me feel mentally sick .......Otherwise here is hoping for a better week next to all short and long term Taylor Wimpy Shareholders...

In the 17 the century there was Tulipmania...now in the 21st century there is Taylormania .. Despite the long passage time the name of the event does not change very much .. people do not change very much ...the herd rush to buy in and then rush to sell back out again !!!

Over a 4 % gain today ...the share price lift may possibly be picking up some speed ...Off course Foxtons can buy back many more off their own shares with the money they are spending at these levels ..

No you are wrong ...A declining business model is when revenue goes down... Foxtons revenue is on an increasing path ... Year end June 21 up nearly 70 % ....