Member Info for ODONNELL

Whenever we approach or just pass that 9p mark the sellers move in to take their stakes back, they are happy just to get their money back. However there must be a limit to how many of them there are, before any steady further movement up is seen. The company and the possibilities do not enter the equation, people just want their money back.but of course the next stopping stone or stop will be 9.5p and those who equalise at that point will sell. eventually the commodity will take over but patience is the thing for long term investors. With small companies the "get my stake back" overrides everthing else.

This is a buying opportunity
We sold puts on BDEV and bought CRST as it went down really need to buy more but you do think were is the bottom, however for those who buy the returns will be very good

At the end of the day about 50% more shares were purchased than sold. Bargain hunters are moving in.

We hold a large amount of CRST and have sold put options on Barratt. Which is the best bet only time will tell. We bought a lot of house builders after the Brexit vote and made money following their fall. Hopefully we will again. We favour CRST as their div is high and P/E low (just below Barratt) so both are worth buying. People need houses and we keep hearing there is a housing shortage. However the price is the stumbling block for most young people. We are nearly 80 and feel it is a bad thing that the young cannot buy a house as we did. Land prices need to drop to help the situation. Getting back to investments, property has always won out in the end.

Although down there are still more purchased than sold, which indicates there are more feeling this is a bargain.
Even if profit and dividend halved the P/E would still only be 10 an a div of around 5%

Thank you for your answer, it has enlightened us a little. This holding is just one of two direct holdings and is only a very small part of our portfolio, therefore not a lot of time has been given to it but we did add to it recently. All your comments are welcome.
We spend most of our investment time these days keeping up with the Investment Trusts (which we hold about 50 of at the moment) these give us a very world wide range and coverage of all sectors, quoted and unquoted. To be honest the Investment Trusts have given us our best returns over the last 50 years, rather than those we have selected ourselves. While we have had some excellent rises we also have had spectacular falls with our selections.
Whatever works for one does not always work for others so long as you keep making a profit overall continue doing it.
As for retiring we did that 15 years ago and we STILL make money SELLING OPTIONS, albeit this year it is a very very small amount. The options have been a good regular income over the last 10 years. However the options are very time consumable and they have been reduced drastically. We may just have one or two maximum per month now, one being the probably number.
As for the comments from others regards God it is best to ignore them. Once we die all faiths and non believers will have to explain ourselves to the one Being who created us. However more to the point it is not nice criticising any one about their believes or what they do if it does not harm anyone. The idea of these chat sites is, we thought is to pass on information about investments, not to be rude to people we know nothing about or what they do.
Good luck to you all and keep buying, as it will pay off once the market turns. We have seen a number of these falls over the last 50 odd years and it always comes back. Our one regret is we did not buy more when the market was low in the past.

We are approaching 80 and get a little lost these days, especially with these African investments. This is the only one we hold directly as most of our holdings (95%) are in Investment trusts world wide and sector wide. The only other individual share we hold is CRST which we feel can grown 20 - 25% along with a 9% current div. Most people on these chats are just trying to "TALK" their stock up, and good luck to them.

Our apologies but we are approaching 80, can you please enlighten us, Is Factom one of FFWD investments and how will a website make money. We still have no idea how you actually create a site . Although getting on in years we know that modern tech etc is the way to go and we have blindly invested in a few ITs that cover that area as well as unquoted companies as well as ITs that invest in small companies as these long term give better returns.. We also invest in World Wide ITs as we know these give us a wider and safer spread for our investments. Frontier markets etc. We only hold a couple of individual shares in our portfolio, CRST which we feel long term will go up and PAF for cheap gold.
WE also feel that you should buy more investments at the moment because it is better to buy when the price is low rather than high. But what do we know at our age??? so keep your comments coming. Oh we do think that a lot of the chats are investors who are simply trying to "TALK" their investments up. Our first look today owing to being unwell, even missed church this morning and that is a rarity.

we still hold a few pennies worth, just in case. Should we add? problem is we feel there are better bets elsewhere with the market so low. Buy when the blood is running down the gutter sell when everyone is buying at around the top

Again can any one explain what Block chain is. We oldies are completley lost!!!!!!!

Lot of chat on here, 85 comments today, but can some one explain why the price increase and lots of buying. We did add to our holding to help level the average total purchase out. However we have no idea why the sudden interest. So can someone explain it?

Is it just the price of gold that is pushing PAF up? while good at the moment any drop in gold price would see PAF go back down. There appears to be a lot of stockholders almost level with their investment, which means any increase in the share price will see a lot bailing out, especially if it hits 10p or more then it may falter until new investors come in. We are hoping to see it reach 14p giving us a good profit. Then we would sell part of the investment. However we think it will be awhile before that is hit and there may be a few ups and down in between.

LOOKING DOWN THE LIST WE CAME ACROSS TWO PURCHASES FOR 70 AND 3 SHARES NEXT TO EACH OTHER TO MAKE UP OUR 80 PURCHASE. WHY THEY WERE ENTERED LIKE THAT BEWILDERS US. FOR A SMALL AMOUNT YOU WOULD THINK ONE MM WOULD HAVE SOLD THEM TO US RATHER THAN ONE FOR 77 SHARES AND ANOTHER FOR 3 SHARES

BOUGHT 80 SHARES BETWEEN 9 AND 10 AM AT 839P YET IT HAS NOT SHOWN UP ON THE TRADES, HAD THIS HAPPEN BEFORE WITH OTHER SHARES. ANY ONE ANY IDEA WHY THIS IS. NOT EXACTLY A LARGE PURCHASE .IT WAS JUST A TOP UP.

Never seen so many trades and most buying. What has caught the imagination?

Following all those 8.96p buy trades a SELL trade has gone through at 9p

Sorry but what is ZAR cannot find it anywhere

At 13.57 approx 3 dozen BUY trades were made at 8.96p and 8.95p yet the price does not go up, in fact when the next SELL trade took place 16 minutes later the price had dropped to 8.95p slightly below the previous sell trade before all those 36 buys. Never seen so many buys in a day for PAF yet alone in one minute.
Any ideas or we thicker than normal.
Admittedly there were a few sell trades prior to the buys at 8.95, even so thought there may have been some upward movement. Whether trades in African kept the price down, is the only thing we can think of.

The advertised spread looks pretty wide at times so we always look at the trades, which give you a better guide to the buy and sell prices and are much closer together. We tend to do this with all stocks now.

we have just a handfullm left, just in case but think we can put our money to better use elsewhere. feel this is dommmmmed