Member Info for Mancs99

So why do you have it as a 'strong buy' ??

After such a big sell off I think you're right John, it's going to take time to clear the shorters. But hopefully if the next lot of figures are on target or above we should see a climb back into the 70's, but hey I've learnt shares don't always do what you expect them to even if the fundamentals are reasonably solid....good luck to all holders.

Great set of results Rivaldo, onwards and upwards. My last post should have read 'solid company '...auto correct for no reason is some what frustrating.

Rivaldo,thanks was so much for posting the updates from the presentation it's very much appreaciated. Things looking sold.

As I mentioned before I think there will be movement up and down here from shorting. The sell off came out of the blue to many investors and it was always going to stir things up for a while. I'd only raise an eyebrow if it dropped lower than the lowest point of the last few weeks. If this stays above 60p then I'd be reasonably until the next Rns.

Thanks for the insight Shandy, appreciated. If the progress continues then it can only go one way. Tough market out there though. The run up to Christmas and the first six months of the New Year should show us if IDP are still on the right track.

Lol...it will always be tea in the evening John.

I think there'll be quite a few up and downs, even if IDP does what we're hoping and moves north. The fundamentals all look good apart from the PE ratio which I would like to see closer to the mid teens.
4 million shares off loaded is a substantial amount of shares in IDP with it representing nearly 30% of the company. The encouraging thing is they sold quickly which shows there are buyers out there that have confidence in the companies future. Plus the share price is currently at 80% of its value before the 30% sell off which is not a huge drop, considering the sale.
But there will still be quite a few opportunists who will see the chance to make money shorting this stock and that I think will take some time. I of course would love to be proved wrong and IDP to soar into the skies.
Good luck to you all.

Very encouraging Rivaldo. The guys at MWE are steadily building a solid company.

Be interesting to see what the run up to Christmas brings Shandy.

Good luck to you both guys. Bought in here at 58 a few months back and have been watching with interest. I liked the graph, because it showed a steady move north over the previous 10 months, so I looked more into the company.
Looked like a solid business that was growing and getting more contracts and I'd be investing in a company that would grow on those contracts and not on what they discovered. A definitely safer bet than prospecting lol...in my humble opinion.
Quiet boards doesn't always mean nothings happening either. I was in AMS for quite some time (the 30p days) and I think there might have been as many pages of chat over seven or eight years that a company like SXX got in a day or two.
It was just me and another guy and his dog for quite a while, then one or two more people joined in, it felt strange really , almost as though we hidden from most investors. Because the share price kept on creeping north and yet it was always quiet on the board...hope it's an omen for CAPD lol.

Holding up reasonably well after an afternoon of sells, so someone must be mopping them up . Bought some more myself this morning hoping there'll be a period of stability after yesterdays shenanigans. As I've said before the fundamentals look encouraging with IDP but you never can tell, the market has been cautious for a while and I'm sure many would argue with the good reason after the last few days of trading. Good luck to all who are invested here.

Still a lot of shares being traded today and that 176K sell at 47.6p is a rather strange one.

Cheers M...Good luck with yours too...we sleep perchance to dream.

On that basis no one would have bought into this share over the past two years as the average trend has been south. But people buy into shares based on all sorts of reasons and strategies.
If you look at the graph for this year there have been numerous occasions when there have been opportunities to make money as long as you were conservative in your expectations. With that in mind there is no reason with the fundamentals as they are and the companies outlook not to reason another opportunity will present itself.
On that basis I took a small punt this morning at 76.4p

Don't normally buy into a falling share but the fundamentals here look to encouraging not to, so dipped a toe in this morning.
Increasing revenue, increasing profit, expanding customer base and exposure and more markets to move into. Share prices fall for a reason but it's hard to see why this would keep falling.

Thanks for posting the links Myosotis, very interesting and encouraging.

...and an interesting overview on the current state of play and the possible journeys that lie ahead.

https://ftalphaville.ft.com/2018/08/07/1533614400000/Sirius-Minerals--money-for-a-hole-in-the-ground/

Lol...hope you've bought him a few fish suppers Alan. A good friend to have I'm sure. I too was recommended SXX when it was 8.5 and watched it bounce here , there and everywhere for a few years. Finally came in at 18p, at the bottom of the dip from 40p (a rarity with me) and bought a few more times in the 20's.
Still a lot of chapters to be turned here me thinks and no doubt a bit of volatility either way. Mmmmh watching with interest at the moment.

Just like to back up what Jesse11 has said and thank the regular contributors on this page for their invalid information on all issues regarding this share over the years, I think you guys know who you are. Some of you guys have already forgotten more than I'll ever know I'm sure.
A guy I befriended on Chariot years ago recommended this share to me (think it was 8p at the time) and I had it on my watch list for years watching it bounce up and down and reading all the opinions. I finally jumped in early 2017 because I thought the fundamentals were about as good a you could get for a 'junior' miner, although we all know there are always risks with this type of share.
A lot of the links to import information regarding my decision were found on some of the great posts on here and from of you who have excellent experience in the fields of raising funds , building and running such a company.
Over the past 18 months I watch and read with even more interest.
So thanks guys let's hope we're all smiling at the end, I know I am at the moment.