Member Info for Pdub

Knuttie I respect your opinion. However I disagree completely. I have yet to see evidence that a broker target controls sp, not just here but on any share I have followed.

With a company like BMN the phenomenal rise in sp has been driven by great fundamentals and a sound business plan brilliantly executed by the CEO. Of course I can't discount an element of luck concerning the vanadium price, but even there I believe Fortune had planned on a supply deficit impacting on the future price.

The main drag on sp has been institutional selling plus recently some negative news which hopefully has been addressed. Perhaps not such good PR hasn't helped.

However nowhere can I find definitive evidence that the broker forecasts have driven sp in a sustained manner one way or the other.

There is a mountain of evidence that JM has a very high opinion of Fortune Mojapelo and BMN and as an investor that positive is what I focus on, and their sp forecasts have recently proven to be accurate.

To keep raising a negative on the bb makes no sense whatsoever to me. I thought we left that to the Trolls. By constantly discrediting SPA that undermines all of the positive opinions that they have given in the media.

This of course is just my opinion and no more or less valid than yours or anyone else's.

Regards. Pdub.

And I heartily disapprove of. However if people feel the need that's fine.

Regards. Pdub.

Very good post Daisan.

No Daisydog.

But I do think SP Angel may have been involved in faking the Moon landings haha.

I note the share price up over 200% this year using data from HL.

Wow. On top of last year's multi bag performance this has proven to be a superb investment.

With vanadium price rocketing and much expected positive news in the pipeline then in my opinion the remainder of 2018 and through 2019 is looking very exciting.

My target remains at 75p to £1.50.

Regards. Pdub.

Faramog you may referring to a post of mine where I demonstrated that the SP Angel targets set in late 2017 / first half 2018 had consistently been reached in 3 / 4 months. Interestingly the target of 33.6p set on 13 August would be due to be achieved early mid November if that trend continued.

Of course major positive news could advance that price quite significantly.

I have to say that I do not believe that broker targets have much impact on so here or anywhere else. Could be wrong of course but that opinion is based upon my own experience.

I do like the notion that a broker target is effective for a period of 3 / 4 months, given that many pi''s struggle to hang on to shares for 3 days! Just my opinion of course.

Oh and for the record for anyone interested I do not have a soft spot for Mr Meyer or anyone else associated with the City. I am very hard headed about what is good for my investment. It is not uncommon for links to be posted here with a comment such as 'shame BMN not mentioned'. Yet we savage the only commentator who regularly praises the company and Bod, and has been doing so for some time. We all disagree th SPA''s longterm vanadium price forecast forecast but their sp targets have been remarkably accurate. On balance SP Angel offer more positives for my investment than negatives. That's all that concerns me. And that they appear to have Fortune Mojapel''s support, at least so far.

And knuttie I am not sensitive as you describe. However I don't approve of foul or abusive language or personal attacks. Those people I filter. And under LSE Rule 4 rudeness and personal attacks are not allowed. I guess it's about standards that are acceptable.

All just my opinion of course.

Regards. Pdub.

You're welcome Serenus. Always good to have new contributors to the bb too.

Regards. Pdub.

Good find Pinarello. Some may recall that I posted my own version of that for 2017. Last time I looked BMN was doing rather well in 2018 compared to its 2017 rivals at top of table.

Don't worry Daisan. I am aware of that.

You are far too rational to make such a claim.

Regards. Pdub.

Not sure I have had such a laugh in a long time! Thank you thank you !!!!

To suggest that some months down the line an institution sells a proportion of their investment at what ... 150% ish profit is in some way the brokers fault. Brilliant. Simply brilliant.

Please keep it real guys.

Apologies for typo
"... you properly ..."

Welcome Serenus. In my opinion a wise choice to invest here with a long term objective.

Not pleasant to see your new investment go into the red but sounds like your popery researched the company and have a good grasp of the fundamentals. That should give you confidence.

Don't know if it helps but many LTHS would have been underwater here in 2016 - I was over 60% down at one point. Today those same investors sit on very large paper profits, and I would imagine that they all expect a lot more to follow. If you have the patience I hope your BMN investment serves you as well as mine has. Good luck.

Regards. Pdub.

Faramog thanks for letting me know about Sanchez' post. I am sailing singlehandedly at present and having to grab glimpses of bb. If Sanchez has apologised that is very generous of him and of course I will remove filter. Very happy to do so !

Grateful for your intervention.

Regards. Pdub

Knuttie I thank you for the courteous tone to your post. A lesson in how to disagree. And we do!

My views are well known on the topic and I choose not to post them unless others raise the topic. I will leave it at that.

Regards. Pdub.

Sorry but permanently filtered Sanchez for that unnecessary personal attack. I wish you good fortune in your investments and regret that I will no longer be able to read your often very good posts.

Good luck.

Regards. Pdub.

Sanchez you are completely out of order. Shame on you.

Sanchez if JM is so inconsequential that you seem to have forgotten then why keep mentioning this subject? I find that puzzling.

I do my best to keep things positive on this bb, particularly when a retrace has occurred. I wish others would do the same.

I do not raise the JM subject but am happy to repost challenges to the negative views if you wish. Pity though as this topic unecessarily clogs the bb.

Regards. Pdub.

Thanks for prompt responses knuttie / SOTRR

Regards. Pdub.

Apologies abbynparit but I haven't tracked the AfriTin shares that BMN holds. Perhaps someone can add detail?

Gold star Ludeck. One of the omissions. There are others with potentially even larger impact!