Member Info for luke4487

Well... todays drop was bound to happen after days of positive rises (and large ones at that). I agree its been given a shake and some poor buggers stop losses have kicked in. Lets hope they had their eyes on the screen.... oops. I just topped up another 4k down near the bottom.

Anyway if it makes you feel any better today, you can feel for me. I had to take a break from the forum for a few days. I'm a long term investor but up for a few day trades along the way to increase my holding. At the start of the week I was up around 8% on my holding which was worth a couple of grand. After all of the blue days I decided at 16.28 to sell my entire holding, on a hunch that the SP would drop a couple of percent the next day, or probably remain fairly stagnant enabling me to buy back in and increase my holding, or break even, thereabouts. Now I have never done that in the past... but I just had a feeling.

Can anybody guess what happened the following morning? I'll give you a clue, it STILL hurts to think about it today.

Looks like the shorters are getting nervous.

All aboard!

I think the squeeze will come once the SP rises and holds above 20p. And it will. There's only so much manipulation anyone with a short interest can do. It will come too, the question is not if, but when. I think they've put their money on the wrong horse. I on the other hand will keep taking advantage of the situation and increasing my holding.

https://www.google.com/url?sa=i&source=web&cd=&ved=2ahUKEwjem6rmmIfhAhXvgM4BHXigDDAQzPwBegQIARAC&url=https%3A%2F%2Fwww.proactiveinvestors.co.uk%2Fcompanies%2Fnews%2F216376%2Fsirius-minerals-tipped-to-more-than-double-in-value-as-key-financing-deal-nears-216376.html&psig=AOvVaw1cJuyxO_x5Oyp3r8GIKZuM&ust=1552843993649312

Funny how Motley contradict this prediction. Like I said they all give advice based on how they want you to behave focusing on their own positions. If they say the SP will fall, they want to buy in. If they claim the SP will rise. They've already bought in and want their readers to rake in the cash for them. Sounds like a few of the Motley crew are taking a short gamble.

Yes the negative pull is to keep the SP down into April so they can top up their ISA's with another £20k before the rise into the summer lol

Well done to anybody who bought in during the dip. The SP will be up at a high of 40-50p this year at some point. Anybody who has shares costing 17-18p are set.

Fingers crossed this is the beginning of the usual green trend that comes around each Spring on positive news. Just check out the 10 year chart. :) GLA

I said not to worry. Well done anyone who was able to top up. That's my only regret :) No free cash! GLA

A lot of flappy mcflapping going on this evening. Sipping a beer and wondering if this huge crash has all been down to panic set off by a large holding party that wished to close in on their short? We will see tomorrow. Just relax and enjoy the ride :)

Definitely punishing us then haha. It's all good. We would be making as much fuss in positivity if it had been up 10%. The rise is well overdue and it'll come. It's always better to get a new car in the summer anyway. Nobody wants to pick it up in the rain :)

I am waiting with curiosity for an RNS although I think investors just got spooked once she fell a few percent.

John almost an identical situation and loss to myself. I was also due to put a deposit down on a new automobile. Gutted haha. What car were you wishing for? I was looking to upgrade the family battle bus to one if those new Skoda Kodiaq vRS things. Perhaps the SP drop is punishment for contemplating buying a Skoda. Never would have even considered such a thing 5 or 10 years ago!

Haha wow didn't expect this. I'm just p***ed off I don't have any spare dosh to top up. Look on the bright side... the big boys have come out to play :) that means as quickly as it can come down... it can also shoot up. News imminent. Good or bad. I'm gambling against the odds and saying it's going to be good. You've all been spooked so someone can get a good buy in price imo.

The scare talk on her is nauseating. I'm sorry to break it to the dreamers but the boat sailed last time the share dipped to 19.5p. If you're lucky you may see another chance but I wouldn't count on it. The SP rises every spring in Q1. It has done every year through thick and thin. It's even more so likely as the project progresses. Even after the last RNS the SP has pretty much recovered any losses within a few days. Shes heading upwards. Stop waffling rubbish as you're not going to scare people into selling up. I had the Mrs buy in at 19.56 a couple of weeks back and she's been in the blue every since bar one day. That's the best you're going to get, d may already be a boat you have missed :)

GLA. Shall we all make a guess on the peak of the SP this spring? ST2 funding is coming. It's too big a project for the big boys not to invest in. Who knows where the ceiling is? ;) DYOR but I'm confident in my own.

Correct! And although not a chav myself I'm on 3 kids at 31 years old. The problem has nothing to do with fertility, more so with commitment and children becoming less of a priority. Never mind all the scare stories of how you need to be a millionaire with 26 hours of free time in the day to be able to afford a child. Societies a mess really. But we all have to eat, and a lot of that food needs fertiliser. A better investment than baby milk nowadays.

Quietly watch the bickering on this thread daily. Good to see the SP creeping up. There's an annual pattern with Sirius spiking sharply every Spring. Seems overdue if anything, maybe because of Brexit. One has to wonder where this will top out at should S2 funding be confirmed. Loaded up with 40 grand at an average of 20.4. Finally in the blue but not going anywhere. I too see this as a multibagger. It's going to spike again. This time it may never drop back down to the realms of 20p a share!

An interesting development. Anybody else notice the home page intro has changed on CGH website?

"CGH's original business objective was to compile and develop a pan-African portfolio of coal and iron ore assets. CGH successfully acquired a portfolio of prospective coal assets in Zimbabwe whilst concentrating the majority of its focus and expenditure on progressing its Mount Nimba iron ore project in South Eastern Guinea up the value chain. Despite this, in recent years the long-term effects of factors including political instability, public health emergencies, the impact of the depressed bulk commodities markets, unpredictability of legal systems and adverse press speculation caused significant harm to CGH's long term prospects as a mineral exploration and development business.

CGH has a strong cash position and plans to realise value from its existing asset base to enable CGH to facilitate investment into growing an asset portfolio of revenue generating projects, with a geographic focus on southern and central Africa including possible acquisition and development of early stage exploration assets in Zimbabwe.

CGH's long-term strategy with regards to its investments is to generate growth in shareholder value through in-house development of projects combined with passive investment (albeit with board representation where appropriate) into other businesses which meet the desired operational, sector and geographic profile. CGH aims to deliver growth in shareholder value as the value of its investments grow. It is anticipated that shareholders will realise this value through (one or a combination of) capital growth in the value of their investment into CGH and/or cash distributions, whether from cashflows or upon exit events in the companies in which CGH has invested shareholder funds."

The last paragraph is most interesting!

Missed the juicy drop but bought in in the 20's. Happy with that. I see a recovery part way today and then a slow recovery onwards over the next weeks.

Now, now, lets be optimistic! Its hardly a new trend of releasing no news. Lets see what 2019 brings. Very curious as to what's happening with Contango Holdings...

Just topped up another few grand. An absolute steal at this price thanks to Brexit. Dividend due in the Spring and bound to tempt the big builders back into making an offer on BVS. Bring on the New Year!

Lots of passionate opinions on here. I bought in last week, holding off for this week to top up. I suspect the share price has not yet bottomed out but its getting there.

As for the Trump hate I cant help but admire the man. He's a businessman. So... what if there was no real intention to drive down the PoO but instead ramp up production, knowing that OPEC will cut production in the near future. The US will do the same. The PoO will rise. Suddenly all those stock piles of US barrels have gone up in value. ;)

Just my thoughts. Either way this is an ABSOLUTE steal of a buy in price. Glad to join the gang!

No news on Consolidated Growth Holdings or Contango Holdings. One wonders what's going on behind the scenes with this reverse takeover. Just topped up on BVS again today. Worth a look I reckon, dividend yield is at an all time high according to the charts and shorts down below 0.5%. At-least its listed on the stock market :) lol