Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Thanks threeput, in my first post I did allude to being aware that I know my initial purchases were at a time where in general the only way is up and do understand that it will be increasing difficult to replicate this initial success. I am appreciative of your comment as it is a caution not to get carried away things and suddenly end up back at square 1 on in a worse position than when I started, based on those who have been trading through normal times .
Thanks for the reply. I’m very prudent and will keep an eye on aim stocks, I do have some small change in Alba for a bit of fun and tbh that’s where the share bug started for me. Typically I was a week late jumping in with big money with the rest but still showing decent % returns on all bar one of my other 11 stocks. Bp accounts for half my holding though so the one that matters the most. Thanks again
Thanks tacet, I’ve quietly been keeping an eye on the board and highly rate your advice. I got in at £2.20 whilst on the way down and glad I stayed in. Sold out of RR today at 40% profit ( could be a mistake with an update tomorrow , but profit is profit)and now have a third of my isa in cash waiting for a new opportunity . I was made redundant in October and so far have been able to cover 75% of my lost wages on buying a few stocks. I feel the next tranche of buys I make will need to be a bit more selective now most aren’t at rock bottom. Therefore any further tips are much appreciated. Thanks again and btw holding for now on bp until ... £3.30 at least....
Let's face it this could go either way, and all depends on the "real" news when it drops. Im In for a relatively small holding but enjoying the banter and the speculative nature of this stock. Its worth my stake just to be along for the ride , but I won't have to sell the house if it goes pear shaped ;)
Agreed Marf £4.00 or more isn't out of the question
My target price of £3.30 is my exit price to take profit, and just reflects what my expectations are in terms of what I want back out of it . It could well be in 2months or 2 years , maybe i should have rephrased to say i feel it would hit this price within the next 5 years. I appreciate everyone will buy in with their own strategy :)
Buying in now seems a reasonable proposition if not looking for short term gains (although that can't be discounted) . Aim to hold for 5 years and reinvesting dividend should cover most further drops if it does go further southward. Target price for me would be £3.30 to come back out, which IMO should be achievable in that timeframe.
The visual branding in the picture may look aspirational however the reality could well be different. The vast majority of staff who are currently dedicated to running the clothing in boots are being made redundant in the next few weeks. Leaving the already reduced headcount of generalist boots staff to pick up the pieces and launch mothercare, effectively starting from scratch . Mothercare will of course make their cut at the point of supply to boots , but it's just a question of how much stock Boots will be able to get through the tills if it is poorly handled. Will be interesting to see how it lands!!