Member Info for Mando_

Oh come on, some credit for my very lucky prediction!!! lol

Hoping for an upward trend from here. Fingers crossed.
Hope this post ages well !!!
GLA

I cleared down on RIO this morning. I may have done the wrong thing, selling at the bottom, I've done it many times before, but I sold out at -0.3% on the day today and I moved my money to DarkTrace which rose another 3% to around 4% up now, so overall the move worked out OK for me so far today.

I'm just concerned about the dropping iron and coal pricing. Rio currently now is -0.66%, AAL is +0.33%, BHP is +0.41% as I write, so RIO seems to be being a bit more unloved in the market than other miners and more than I expected.

Still a great company and I may jump back in today or later next week.

China Coal had a steep rise about 10 weeks back for 3 weeks, and has declined for the last 7 weeks, to a level where we're now just below the 20MA, so I'm looking for signs of Coal and rising again before going back in.

GLA

Knowing I have two confirmed quarterly ex-div payments coming up between now and march at over 5%, makes it a simple decision for me. Keep holding and continue to buy if the share goes down.
Gas will be needed for at least 20 years and as the major players reduce down their output, it will be the smaller players like DEC who will become the major suppliers.

Looking for/praying for a break out above 760 and on to 815.
Then we'd be looking at at least a 10% growth today.
Seems like we're following the 20MA on the minute chart nicely.

It seems to mean a company is trading more on fundamental analysis rather than retail buyers trying to pump a stock. I've seen nice and steady growth (although not much, just 4.5%) the last 3 weeks.

Good luck to anyone who may visit this page eventually :-)

Sadly I was one of those fools. Sold at 682, almost re-bought at 670 but missed it.. I then thought 703 may be a bounce line, now we're through that I re-bought...

Feel for you Nick, I lost a tonne in THG and DARK in the last 2 weeks. Horrific!!!
Good luck to you!

Somebody clearly knew about the budget being better for the pubs and breweries.
Very happy I didn't reduce down my position yesterday when I hit breakeven!!
Cheers all

Cheers Loggy, yeah I tried those as well. Not seen it before. Thought I was getting shunned or something lol.

I think you posted the other day that you're keeping your eye on Coal pricing? Which index are you using please? Do you use TradingView. I've also been looking at 399436 index on TradingView, which is the CNI COAL INDEX China Index, but there are many indexes shown on TradingView and I'm not 100% sure on the most relevant ones to follow for RIO, BHP, AAL etc. I also follow copper and FEF2! for iron ore. Cheers

Please ignore. After I posted that it refreshed for me and appeared.
Cheers

HI all
Did someone delete or somehow filter my comment on COP26? I didn't think it was very controversial...
The last post I see is is from Stockready1 Tue 22:16
I've tried refreshing the page a number of times manually (using Chrome and pressing CTRL-F5), but my comment doesn't show, but it did earlier today.

Cheers Dinoken, I'd not seen that earnings report and move yesterday.

Cop26 impacting the miners?
Always hate waking up in the morning and knowing I'm going to see a 1.8% drop in the SP from looking at the AUS exchange.

What do people think about the dividend for November and the SP in the run up?
If you look at last year, the CMC share price bounced around the 332 price for 10 weeks, then jumped 10% in the week before the earnings call, then another 18% in the week of the earnings call, with a dividend of 9.20 on a SP starting the week at 3.64 (2.5%).
In 2019, there was a similar thing, very very flat for 7 weeks to the November results, with the ex-dividend the following week.
My fingers are crossed that we see a similar thing. I know we have seen red the last few days on the chart, but the price is still relatively flat and we are now only 3 weeks to the earnings announcement and dividend.

@prolee
How do you see that data please? Can it be found on TradingView?
Thanks

3 weeks of green and still no interest

.

Clearly the market was looking for better results. This share is being shorted too much for my liking.

I think we've just been in a short period of consolidation and profit taking and now we'll see a jump again.