Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Thanks guys, I took some profit today from my buys in the 70’s, I tend to agree with you ns, think there are some drops before pushing forward, then I’ll buy back in. Still have 20k shares invested if it does push on so will see the benefit.
Ns time in the market not timing the market. I wonder if WB would be able to do so well in this market which is driven so much by traders rather than fundamentals.
Cheers, my overall average is 150 having averaged down from the 200’s. My point was I could sell half now and would have to get to 200 with the other half. I would think if it was going to hit 150 it will likely hit 200, as I’m happy to break even atm it’s the same outcome.
Morning, What are you thinking is a low, it’s bounced around this level for a while now and I’m thinking it could go either way, no guarantee the next announcement will be positive. I hold 25k shares and thinking of selling half without losing too much…if it drops say into the 80’s I’ll buy more if not I’ll wait until 200 to break even. Then I’ve got £12.5k to play with elsewhere.
Well done to you having such an excellent knowledge at a young age. I am in financial advice, for 20+ years, with a pension specialism, so know a thing or 2 about investing but we outsource the day to day management. Too time / cost intensive to run portfolios in house. Most of my clients are cautious and can achieve their objectives with a 4-5% yield pa, so only dabble in the Boos of this world for myself. Yes I will look to sell most/all of Boo when I’m back to my average, or maybe a bit higher to make up for AO! The other one is Card Factory (retail again! Not diversified, drawn in by falls), very close to my average there and not much in, that has been painful but I really think that has a way to go or a sale to a low cost retailer. So holding on there.
T4G, silly purchase, drawn in by the massive share price drop and followed the analysts price targets of 400 which have now adjusted to 105. Hopefully if it’s gets up to say 125 I’m only a couple of grand down. I did the same with Boo but at least there I can see my 150 average as achievable. Although had to put in more than I’m comfortable in one stock to get to that. Would likely sell most or all then as made my profits previously. I am happy with 4-5% return a year so only usually trade high risk after a crash, like I say got greedy trying it on the second wave of falls.
Wow, I said it a bit tongue in cheek but thanks for your great analysis on ao too! I will hold off buying more as I thought too. A worry JPM have a 1.10 target now. I have an average at 1.76 ??, not too much in it though. Can afford to wait for the long term like you say! I have managed to get Boo down to 1.50 and would like to average down further but getting to the point of having too much in there. I went very bullish on oil, travel stocks etc post pandemic and did very well. This second wave of falls is a lot harder to call, I think the same happened in 2008…I shouldn’t have got greedy but still a good profit. Is this your day job out of interest? Thanks again, have a great weekend!
Good comment again ns, any analysis on AO, down 13% today! My fault, my diversification is terrible holding this and Boo but got drawn in by the huge falls down to the 200’s a few months back. Luckily averaged down Boo to 140 but a lot more cautious putting more into AO.