Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Mark Ward has made millions on this. He’s up 300% on much of his stake. I can’t believe I dropped this at 10p two weeks before the November boom. I thought it was overvalued at 15p. It’s kept going ever since. This latest rise is excessive but I wouldn’t bet against it continuing north. Well done if you’ve been in a while here.
Hahaha right you are Mark. For some reason I didn’t think that it hit the stock market until mod Feb. But looks like everything took a step down around 7th Feb before another plunge.
Rubbish.
For example (just one example) do you think that Marstons think this gov have done a good job? You’re invested in them. The answer is ‘no’.
‘This government’ does not mean ‘every elected official in the land’. Even if it did, how can you possibly make such a sweeping statement.
It is you who has the blinkers on pal. Head in the sand.
‘This government has done a grand job’
Unbelievably naive.
If you don’t know what caused the rise then you shouldn’t be investing
Whatever pal.
I think I called this yesterday. Onwards and upwards over the next few weeks for oil stocks.
Anyone know what caused the steep 30% sell off in Feb 2020. Previously I thought it was a profit warning but I can’t find anything at all to explain this. Profits fell substantially in 2019 as reported a couple of weeks later (reported 19th Feb). That doesn’t explain the previous drop though. Important given that if taken from early Feb this stock trades at a 45% discount as opposed to 20% (ignoring dilution which I think is around 10%).
This looks cheap AF. Everyone keeps waffling on about the POO but it’s almost at pre-pandemic levels. Demand is the key factor. Demand will skyrocket. I think that a lot of investors and analysts are overly pessimistic and cautious on the ‘return to normal’. I feel as though third waves in Europe are coming to an end. It’s summer soon... by the end of the summer a huge proportion of western counties’ citizens will have been vaccinated. Governments will be forced to abandon a cautious approach to opening up and then its boom time. Too much caution in expectations for me. I’m in.
Maybe so but that’s always the way.. psychological barrier. Sellers at 97-99 range have been cleared out now
Blue Baron... no. Look across the pond for starters, Exxon down 19% since pre pandemic highs, Chevron down 15%. BP down almost 40%. BP trading at a huge and unreasonable discount. Oil price to rise from here as third waves turn into nothing and as the world is vaccinated. It will take decades to fully shift away from fossil fuels. BP’s move into renewables is just another reason to add at this currently low ball valuation.
Utterly predictable. When was the last time this didn’t sell off after stellar results?
Spread is ridiculous. You have to be a proper mug to sell at the bottom of these mad spreads... plenty of people seem to fall into the trap.
!
Hi Snakes. Looks like about 1.8% between buy and sell with dummy trades. It’s often pretty wide. Always seems to reduce around 3pm onwards. Before widening just before close.
Should have bought more on the drop... always the way
‘Pandemic is nowhere near over’
Mmmmm... I think you will find everything will dramatically improve in the summer. As it did last year without vaccinations. Markets are forward looking so expect POO and the likes of TLW and PMO to move up significantly from mid April if not before then.
Looks like I was mistaken!
Is anyone actually invested here or do you all just come on to harp on about the situation?
Hoping to pick some up in the sale tomorrow
I think it’s falling because oil is on the slide. Obvs they are moving away from oil but the recent rise in OP has been one of several tailwinds for the SP recently imho.