Member Info for nimrod22

I'm up 38% on my recent purchases of OPTI; usually sell on that amount of gain. Suspect there's more to come on the SP, especially after the virus issues start to clear. Looking forward to a general market rebound once the virus issues start to wane, though OPTI is not the only cheap stock out there at the moment.

share price rise today for a mining company that's shut down for a few weeks. When it reactivates there is going to be another rise to relieve the pent-up demand for the precious metals. SLP will probably have to open another bank account as the existing one must be stuffed full of cash!!

Chinese presence in Africa, it wouldn't surprise me if SLP was a takeover target; if they are allowed to own mining ops there.
Although the number of shares sold appears to be higher than the buys, maybe there are many undisclosed buys; something in the wind...

on a roll today; SP 150p at en of the week??

there will be a massive pent up demand after the recommencement of mining. If China is starting back up and is out of sync with Palladium, Rhodium, Platinum supplies.
https://uk.finance.yahoo.com/news/south-africa-orders-mines-close-060941415.html

as if 25p was the bottom. I started buying small at 40p on the way down and have a fair spread from there to the low end and the last yesterday. Possibly OPTI will actual show some real earnings cash in the next results. A bit more substance rather that the past over optimism.

We there yet?
Is this the bottom?

John Rosier writes in the printed Investors Chronicle today.
"Two of my holdings recorded positive returns in February; Sylvania Platinum (SLP) and Syncona (SYNC). Sylvania was up 20.3 per cent following excellent results for its half-year ended 31 December 2019. This led to significant upgrades, leaving the shares valued at just 3.5 times June 2020 earnings and on a prospective dividend yield of 8.6 per cent, at 56p. Moreover, current forecasts are for a dividend in the year to June 2021 of 15¢, leading to a yield of 21 per cent. Something is wrong here; either the share price is far too low, or the price of platinum group metals is about to collapse."

difficult decision will be when to buy back-in; the next day or two or a month from now??

looks to be part of the future. Today's budget appears to be pro green solutions.

appears to support greener solutions

where the SP bottom is going to be, but have started to place some small buys

will be a distant memory in a few months. First qtr results will not look good, but by year end the SP will have picked up. The same applies to Royal Caribbean RCL:NYQ and Norwegian Cruise Line NCLH:NYQ.

rereading the trading update of 17th January, and the 28th August 2019 half yearly report (and others) you would assume that everything is fantastic. If the product is delivering the results that are claimed (which I believe), then OPTI should be a world beater. Somebody needs to put a finger on what's not happening, whether its marketing, packaging, or the detail of the contracts that are being signed re profit margin or other issues. There needs to be some real cash generated and brand recognition. I'm happy to buy shares at the low points and sell on the highs, but there's something missing? Possibly some star endorsement, or TV ads re products or take a lead from those that sell Big Issue who buy for £1.25 each and sell them to their customers for £2.50 a time. Since 1991 The Big Issue has sold more than 200,000,000 copies!

my profit today, not a kings ransom but anything over 20% gain is not to be sneezed at.

I spoke too soon; looks as if it maybe heading to 40p and five year low.

https://www.skyscanner.com.au/news/flights/why-flying-can-make-you-sick-and-how-to-stay-well

I cancelled my buy orders at 55p, 54p and 53p (10th Feb), but it must be time to start easing back-in to catch the next ride up.

more buys than sells in volume and in value

buying oportunity