Member Info for Mando_

@Cookie - Agreed
@Alas, I'm interested in your view points. Please continue to contribute to the BB

CMC had quite low volumes traded yesterday. The lowest in about 35 trading days. 1/2 to 1/4 of the normal volumes since the trading update 2nd September.
I think a lot of people are now just holding and waiting. I certainly am.
To be transparent, I have 9% of my portfolio just sitting there at the moment, sat at a -1.3% loss with an average price of £2.7904. I'm just waiting for that extra push. I'm looking for at least a £2.90 before I start reducing my position. I think as we get closer to the earnings call next month we should start seeing some SP growth. My strategy has been to keep holding around £22k (9% of portfolio) and keep buying/selling around £5k a time around £2.70/£2.79 to average down my pricing from a previous 5% loss. it's been working ok, but now I'm getting impatient for that £2.80 breakout (real breakout, not Out of Hours/early trading breakout...) and I'm hoping it comes this week. I think when the breakout comes, it will be hard and fast and I don't want to miss out.
Fingers crossed anyway.
GLA

Good to see more RNS for damage limitation and to support investors confidence, and another nicely positive move in the share price.
To me. DEC come across as confident they are doing good things compared to other industry players and have a strong business model, filling a gap in the market.
Clearly they were taken aback and were a bit naïve on how biased the Bloomberg reporting would be. But personally, I think the piece did more good for DEC than they realise in the longer term, opening up this company to more new investors who are now noticing the company and seeing the Bloomberg piece for what it was, biased and blown out of proportion, or the methane issues not put into perspective with other environmental issues.
Still some way to go to the 129p price, but I think 129p could be hit very shortly and may not be a resistance line considering the investor marketing this piece has given DEC, and how they are turning a negative into a positive.

Just looking at the FTSE indexes and thinking they are looking a bit peaky and possibly ready to start dropping sharply.
What do people think of this? Trend to continue upwards to maybe the 7400 level due to TINA?
If there is a drop, how much do you think RIO would be impacted, considering we are still fairly low compared to previous peaks, and the longer we go through the year with high material costs, the more profits should be made?
Just a conversation starter, not looking for investment advise :-)

@Seaking1
Not sure. I'm continuing to hold and watch at this point. Possible bounce off the 20 day MA around 870.
We're at 870 now so we will know soon

I made a wrong move last week selling CEY and buying some IAG, however I bought back into a small amount of CEY and got out of IAG quickly so it wasn't too bad.

BUT I did buy also into THG, which had dropped 60% after a poor investor call, but has since rebounded 24% today following an RNS. Just highlighting on this board in case people want to look into this stock. I also bought a TINY amount of BOO which is up 9% today. and DEC which is up 6% today. All have had significant recent drops and seem to be recovering.
Just highlighting some low radar stocks people may be interested in as I've done quite well on them today.
GLA Cheers

2x coming?

@nuri
Actually, to clarify, CMX has also seen growth of around 7.5% in the last 5 weeks, but considering the 39% drop from the trading update note back on September 2nd, I expect there is a further hike in CMC compared to the hike seen in HL.

@nuri
Because CMCX is probably about to take off by at least 10% with the increased trading volatility we are now seeing in the markets.
CMC saw a drop similar to Hargreaves Lansdowne on the report of a drop in trading, however HL is recovering with +10% growth in the last 7 weeks. CMC is yet to push, but I expect it will be soon

Agreed, some nice volumes traded on Friday. I just added having previously sold around the 260p mark long ago.

cheers. so far so good. I moved the money to IAG which is doing ok so far of the back of the news on the US starting to accept flights in November.
GLA

I just sold at 99.40 with a minimal profit.
Probably a mistake. I often sell at the bottom and this is probably one of those times. Gut feel is often wrong. But I don't like the look of the gold trend at the moment.
No doubt this will age very poorly, probably within the next 5 minutes, but looking at the weekly charts on gold and silver and the relative general good sentiment in the markets and strong business performances being reported at the moment, I can see gold continuing to decline down to maybe 1725 or even 1685 in the next couple of weeks. Like I said, I'll probably be very embarrassed about this post very soon, and will probably re-buy back in at a loss later.
GLA

Something I've been thinking about recently, is how Gold is moving more to a physical holding requirement with Basel 3, yet people are investing in crypto which has absolutely no practical function and can't even be physically seen except on paper (or a screen)...

Good to see nice results on wednesday.
I'm hoping we've hit another dip now. Personally I'm fairly bullish on Just Eat. Its clear many people increased takeaways over lockdown and it seems trend is continuing. I know my family certainly has, and I've used Just Eat many times now.
Last week I noticed a few takeaways in Watford having Just Eat signs sticking out from their premises above the entrance. It's clear JE could become the new UBER of independent takeaways so I'm quite optimistic.
I notice this message board is quite quiet. The last post was nearly a month ago, so I may be out on a limb on this one lol
GLA

I wish people stopped panic selling POLY at the slightest hint in the drop of Gold. POLY Dropped 1% from 3pm today in literally 17 minutes. I guess probably stop losses put on before people gp pick up their kids from school...
CEY in contrast has held up nicely, still up 3.68% today, whilst POLY has dropped down to just 2.84% and will probably fall further.
Such a shame.

haha, came back, still no messages.
poor MNDI
so sad
:-(

Good to see CMCX tendering their auditors to improve costs and service. Good to see companies using unbiased techniques such as this for seeking continuous improvements. I think its an indicator for solid management style.
Hargreaves Lansdown has pumped up 10% in the last 5 days. Fingers crossed the pump for CMC will follow shortly.
GLA

I've added. I like to always like to say that I am by no means any expert, but I've bought in to a level now where DEC is now 6.1% of my portfolio of about 60 companies.
Gas prices up 3.47% today. Oil up again at the moment.
With natural gas dropping sharply by 19% from the top of the 6th October to the bottom of the 12th October, I expected a drop in DEC, so I had sold down about 2/3rds of my position before the article came out.
But I think this is an over-reaction to some unattractive press. OK, this industry may look a bit rusty, but there's a hell of a lot of bigger issues in the world than some slightly leaky wells that have still got about 20 years of life before they dry up. Geez, Chernobyl still has 20,000 years before that problem goes away! And newer gas wells leak a hell of a lot more than older dying wells which DEC take on at dirt cheap pricing like a jobber helps clearing end-of-life inventory.
It's like all this cr@p about facebook at the moment. How Facebook can make young girls feel less. Well the modelling/fashion, music and movie industry has exactly the same issues when girls are asked "does this picture may you feel worse about yourself?" Things need to be put in perspective and people need to check how the questions are asked and with what bias.

Gas is now currently up 10.5% from the bottom of the 12th October to now, and I expect it to continue to increase as demand and shortages increase into winter.

With the DEC next quarterly dividend already confirmed 2.93 (2.86%) and ex-div 25th November, I can only see the price increasing from here to the ex-div date.

Just my opinion. I could be wrong. DYOR.

That first paragraph in that link should read differently...

"When a couple of Bloomberg Green reporters showed up on a muggy June morning, the only sounds were..."
...of activists planning to create a biased, one sided and misleading review of an industry to further their "green" agenda.

I just added a small amount at 58.4p
I only had a very small holding in CNA 0.8% of my portfolio, and I'm now sat at 1.4% and +8% profit 58.3p.
Maybe I don't understand the market's reaction to the RNS, but nothing in it surprises or bothers me.
Fingers crossed.
GLA