focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Absolutely burn the vermin I'm buying in. Shorts dived in here seeing an opportunity following middle east terror and slaughter from the 7th of October, they need to be financially harmed as severely as possible. Not to mention they were attacking LTH investments and the careers of 8500 people along with their families future's.
Stockbuster
I'll have to admit I will probably take a slice before 500 myself but feeling revitalised today. Was looking at burning about 400k across accounts if this had collapsed., not added it all up was too depressing probably an underestimate.
As well as the prementioned dividend we have an eventual path all the way into the FTSE 100 and it should become more investable for institutions now. £5 achievable hopefully. A good target I would be happy with a permanent hold on 50% of todays holding at £5 per share paying approx 5% divi per year. Will pay for my old peoples home and lots more beforehand!
After the recovery builds and profits start rolling in we can look forward to the eventual return of dividend. The last on October 18th 2019 was at 10.21p per share. I might skip breakfast and have a red stripe instead. Thank you shorts a happy Christmas to you!
Please hold shorts maybe be even increase while I average up, you guys will help me beat the Stammer and his pension cap return. Petrofund to the rescue and private school can carry on lovely. Right back to sleep its only 0450 in the Caribbean.
Just added another 10000 lovely . This is going to be bigger than Glencore and RR combined. In the latter top sliced too much and too early or would have been still holding 100000 shares instead of 45000 at £3 but on the plus side portion has gone into the Petrofund in the past week.
Short squeeze in progress lovely. Now I'll be waiting for a good £2 before I consider selling. Been in these about 5 years thanks to our shorter friends been topping up approx 5000.to 10000 shares a day for the past 2 weeks averaging down to under a pound
"When I took my third or fourth punt at PFC, after the SFO case was settled two years ago, I was again careful to take profits as it rose and to exit when it fell: I’ve learned that trading and averaging up as a share rises is much smarter than averaging down as it falls."
Averaging up doesn't mean selling as the price rises it means buying more on anticipation of continued recovery / rises. You may have timed the market right and got in and out. A difficult feat to achieve my friend with all the outside factors but not least as far as PFC goes it's a share that has been under constantly renewed attach by shorters.
My usual advice to anyone on investing is buy when I sell and sell when I buy and you'll probably be rich.
I think thats a little speculative thinking unless you have knowledge of hedge fund inner circles. My own desire more than even getting back in the blue is to see a huge short squeeze igniting the mother of all short bonfires.
I look forward to the daily updates the lower the price the better IMO as in here for the long-term.
A question on the buy back, when are the shares cancelled? Are they being cancelled daily or will they all be cancelled at the end of the buy-back exercise?
Every time I vote it is for the least worst option. Its a given pretty much all politicians are untrustworthy slimme balls out for themselves. As an investor, to me the idea of voting Labour would be akin to a turkey voting for Christmas. Will look at reducing all my FTSE investments over the bext 18 months while hoping for a turn around.
https://www.telegraph.co.uk/business/2023/05/05/ftse-100-markets-live-news-tax-uk-economy-us-banking-crisis/
Labour demand proper windfall taxes, doing there best to drive investment and business away already..