Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The markets start pricing likely reality In 6 months time instead of a fairly quick rebound that they hope for - many stocks and the FTSE will be much lower and so will the Index. Massive debt on a scale never seen before in any context. Of course this will end ok and the worse is over. 2008 Financial Crisis FTSE around 3,500 from memory - financial fall out from Lockdown and COVID 19 and not out of the woods yet for sure FTSE should be at this level and in reality touching with spikes near all time highs over recent weeks.
Five times current SP in 6 months or so....really? Don’t you think the ‘ones.. Big Boys in the know would be all over this? Cannot understand mostly when POO goes up this goes down. Think there is upside with the news that holders are praying for..IMO more up than further down but do keep it real. Would imagine many with large exposure pretty much - all in holding this for years want to hear that -do they deserve some profit ....sure - will they get it maybe? Last two days touched near 5.5. Only transformational news will significantly move this upwards and hold that SP area -GL
Not that I was in the share but witnessed. How dilusional most were. Different stock/sector. Chance to rise from near lows but ask this why is this still in a downtrend and near all time lows. Down to postive news... End of - GL all
Very few expected BARC, Esp. Dow and FTSE at these levels. In that sense would advocate buy, buy and buy...I wouldn’t at all tbh. Markets ahead of itself shrugging off poor data but very little in the way of any other asset class like China was - only asset class stocks and near negative rates for cash (world)....so likely to go up and up...think that is why. So if in enjoy the ride. More likely up than down overall trend
as for answers - be in the fullness of time in hindsight. Market pricing a V shaped recovery - hope that is right. Own my house outright and although from humble beginings fortunate never to have a mortgage. Average house / price - 3 bed semi in a decent area. Was in Bankings stocks 2008 - Barclays 50 pence - Lloyds 20 pence and RBS fell to equilvalent of 10 pence the latter after all these years a few percentage more. Barclays is the strongest without doubt and has fallen and bounced back strongly.
going forward this is going to be far worst than the 2008 crisis likened to 1930's depression from the BOE comments why is the stock market at this level? Any dire news ...US massive unemployment figures in effectively weeks unpresidented market just ignores it - hoping bounce back and pricing in this will be PDQ. General FTSE level not BARC in particular. The countries where the masses are in Poverty are putting economy before lives - because its work for a pittance or die of something else anyway. Even in the 'Developed' 1st world many are a couple of pay cheques from the street. Rode some waves of recent weeks, less exposure than usual with the dire economic predictions that seem to be largely ignored going forward. Where are the absolute bargains? With cash earnings negative is it a case like of the Chinese stock market causing a bubble with the 1st world economies thinking stocks the only asset class worthwhile? Only a quick bounceback seems feasible - certainly the market is pricing this in. But will it?......probably where else is there to invest?
poor - no Divi for forseeable and a sucker rise to the results. Down to lifting lockdown ASAP which for any SP recovery - I think will be long and protracted, second perhaps third wave. Doubt 20 pence but little reason to buy and hold a falling share. Market rebounded far too quick and soon on hopes of lockdown lifting and hopes of trials leading to cure. Many experts state at least 12-18 months for something tenable and proven. Market was acting crazy bullish..trap...on hopes. Reality and hindsight is likely to be months IMO. Going back to a new reality - will life ever be the same at least medium term. Imagine pubs, clubs, restaurants.....et al all with social distancing. Just not fianancially viable.
At this level - are stocks the only asset class? With cash earning effectively negative - perhaps like China - boosting stocks by consistent buying in the recent past. Where are the bargain stocks now? Back in cash and wait to see the economic consequencies of Covid going forward. Market v shaped recovery thats for sure - we all back at work tomorrow? Hope not prefer working from home .....
results and the reaction totally opposite to sanity. Means perhaps 'those in the know' do indeed know more than the usual PI mushrooms.....or the market is not taking into account going forward much if any of the Covid-19 lockdown and economic consequencies. FTSE where it is now I think very few would have predicted - almost not taking much account and 'market ' not taking notice of anything remotely negative in the hope of a 'v' shaped recovery - rode some of the wave myself. Now in cash - know earning next to nowt in saving accounts but - struggling going forward what could be a protracted - certainly recession if not major depression.
not Doris. Dont know the man or met him like 99.9999999...% of the population. Remember him on HIGNFY. Totally different backgound to the vast - vast majority - myself included. Seems genuine ....certainly as much as you can for a Politician with his background. Do think the government should have followed China and lockdown much sooner. Unprecedented financial response which no doubt we as majority of us on here - solvent with means of varying degrees will be paying off the consequencies of such action for many years. It is certainly real on so many levels and this ALL will remember spanning the generations...so it is Boris.....opposition at the time a joke - landslide victory......Boris bounce shortish lived because of Covid19.
And they already have 74.19% of supporting votes, so only need another 0.81% to de-list on AIM
The AIM Rules require that, unless the London Stock Exchange otherwise agrees, the Cancellation must be conditional upon the consent of not less than 75 per cent of votes cast by the Shareholders, given in a general meeting of the Company.
For a new prosperous future away from the EU. If we had stayed likely lost our Sovereignty - GBP to the Euro by 2022. Before my time obviously but our history is second to none. We were fine before EEC then transcended to the EU. 47 years. History changing and we are seeing it develop as time goes by in our lifetimes going forward. ??
1973 - new era. Transition period ahead which is only right. End of this year fully out. My musings : isolated the richer GDP counterparts as at the outset....no issue. Where we are and where the EU iand we likely will be fully intertwined
His posts and general sharedealing knowledge in all honesty have been pretty much spot on. He has always stuck to the facts and possible likely outcomes and not at any time disrespectful on this board. I do genuinely feel for LT shareholders - they as usually are the ones who lose out and in many cases large amounts - all relative but particularly in the case of SXX with its many PI followers. At least the mine will get built as a Loiner myself always rooted for Yorkshire economy and people. It is massively unfair for those loyal LT shareholders some have held for a decade. Wish you all luck with your future life and investments.
Since you have being on here posting, rose tinted off and looking at the cold hard facts since the Stage 2 funding debacle. There is not one post I disagree with.
All realistic, balanced and justified. Not emotionally attached and all in a share with massive exposure of many here - massive paper losses - hoping and praying for a miracle.
My post
Dreamland IMO - be lucky at best if current shareholders retain max 25% of the company. Likely to be nearer 15%. Mine will get built best case current shareholders retain 25% ownership. Be likely much less unless more than one party are interested.
Retain 15%-25% - approx 250 million market cap. atm. Move up to 2.5 times share price from here is realistic IMO.
Agree - very much doubt any GOVT support or guarantee.
'My view is that we'll lose half of the company, but gain funding....
That would mean a 20p share price....'
Dreamland IMO - be lucky at best if current shareholders retain max 25% of the company. Likely to be nearer 15%. Mine will get built best case current shareholders retain 25% ownership. Be likely much less unless more than one party are interested.
think around 70 million dollars debt and 7 bn shares in issue - not a high percentage in the free float hence SP epic rise
Agree - and that is certainly what the market thinks. Current ORDS will be lucky to get a tiny percentage of the new company if something actually transpires - facts/figures concrete proposal - otherwise Admin. I do think current shareholders will retain a small percentage of the ownership. STY was a good example. That share did rocket and multi bag.
illbetabuck - keep posting - not one post of yours that I have read - any sensible - 'rose tinted off' person could in all honesty disagree with. If various posters over the last couple of years were welcomed debating SXX rather than filtering, shunning and being given grief and aggravation then perhaps more SH would not be in the mess and massive losses that they have now. Always need a balanced board. GL
Following this with no position myself (but a Loiner) - have to state and go through my history illbetabuck postings- realistically are spot on and rose tinted off - have to agree with his postings. Been able to just sell small amounts but buy copious amounts is always a bad sign. GL. Know many have life changing amounts in here and massive paper losses. Always need a balanced view, otherwise it is just a happy clappers forum. Remember in the height of the 2008 crisis some person on the Bank board stated 50p Barclays - 20p Lloyds and 10p RBS - the guesstimate was spot on as it turned out. Holders did not want to acknowledge what can and did actually happen.......got abuse and didn't post much after.