Member Info for RichTheNewbie

I can see other companies late too for sept releases. I suspect it may be a case of not wanting to release good news whilst market is in turmoil.

Just trending with the market.
Overlay HZM on top of a graph of VALE and it’s as close as you could possibly expect.
https://www.tradingview.com/x/CVLImbL0/

Full of comedy gold this chap :)

Point proved.

Patatas - unfortunately there are still a significant t section of Tories who would currently argue that machine-gunning children in the street is good, if it was government policy. It doesn’t matter how morally reprehensible or illogical the policy is they’ll back it.

Good news :)

To be fair that was the more likely part of the combination based on our performances lately ;)

Yeah if these tax cuts generated loads of new jobs, attracted so much better talent than what was already here, generated so much money it was worth the tens/hundreds of billions it’ll cost, and then trickled down to average workers, I’d be all in favour.
Sadly I think I’ve got more chance of both winning the lottery tomorrow whilst simultaneously being called up to start up front for England against Germany…

After that antagonistic finish, I suppose I should make clear that I'm no Corbynista, and far from it, having voted more for the Tories or Lib Dems than I've ever done for Labour (never).

However, at its root, this country has a major problem, in that it's continually smashing most hard-working people to pay for those who don't/rarely work, increasing their taxes and giving them virtually no assistance with anything. The tax giveaway to the very rich was just the cherry on the cake. Even a GCSE student could tell you that raising the threshold for the basic rate of tax would be a far more effective way of getting money into workers pockets and keeping the economy moving. Rather than giving it to people who already had more money than they know what to do with and will simply bung it into shares/their pension/etc.

The only sensible thing was talk of an attempt to address those rarely working in the new govts list of todo's...however it'll be p*ssing in the wind, almost certainly, as it'll cost them too many votes to sort it out properly.

Wouldn't go as far as to call what I wrote analysis CleverThoughts ;) A biased observation perhaps :p

I largely agree with the rest of your post though (and have written similar previously - can't remember if on here or elsewhere). However, whether it be QT, rates, inflation, or anything else, the spectre of such things often hits markets before the real impact. Hence we've seen various rallies on markets before the reality of the world situation smacks them back in the face later.

Oilyrags - perfect response to the troll.

As for Trussonomics or Kwartenomics - it's a total joke. The Tory party have replaced the worst prime minister in modern memory with some clowns who are even worse. There is an argument for spending to keep the economy going (or better yet to limit the major causes of inflation like fuel prices to consumers and businesses) however what Truss/Kwarteng have done is not this. What they've done is laden the average taxpayer with vast amounts more debt and directly given the money to the richest in society. They're not even trying to pretend otherwise. Anyone in favour of this policy is the very worst kind of human being.

In Sept 2021 this was over 200p and you could get over 1.38 dollars for your pound.
Now it’s progressed well on the ground, is 108p, and you can only get 1.09 dollars for your pound.
So it would have cost you 276c per share to buy, roughly a year ago, and only 117c per share now.
Not only will the dollar earnings from the mine be worth more £ but it increases the chance of someone trying to take this over and exploit the weak pound.

Dollar crushing all once again. DXY from 90 to 110 in little more than a year!
Whilst the yanks whine about Biden for various spurious reasons they should realise they’ve probably never had it so good comparatively to the rest of the world! Barring those running an export/tourism business ;)

Nickel pulled back as this paused for breath but now on the up again. Might have caught a few sellers out.

It’s been a strangely easy hold, this share, simply because post-financing I consider(ed) this this worth 10p minimum in old money (200p now), and more as it goes into production in the future.
Often one feels pressured/panicked into selling a share that’s fallen/falling but it never entered my mind here.
Also makes it easier to avoid selling out too early on rises, as it’s got to rise a helluva lot more, to be even vaguely sensibly valued.

Good answer.

If I was uptight, I would have said what I thought, and told you to stop being a moron, in my first reply ;)

Some notes are public some aren’t LongHMZ.
If it’s a private note, not for public disclosure, then you can get yourself in hot water by doing so.
Being a first world country I’m sure the legalities are much the same there.

It does make sense…
He told you he can’t legally/legitimately share them. So if he knew why you were asking, he might be able to skirt around this, by trying to convey the analyst’s take on a particular point that you’re interested in, without copying it verbatim.

As Churchill once said “Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.”
I think we saw a taster, last week, of the reaction when markets think the rate rises in the US are starting to near a plateau (or lesser rises), because inflation is no longer rising.
Of course immediately after, worse inflation data came out, meaning the expectation of even harsher rate rises, and a jump in the dollar yet again.
At some point soon though we’ll be back to the mentality of last week…with markets starting to be think ahead to declining rate rises, and decreasing dollar strength.
Once that happens, as we saw the other week, you’ll start to see a rising tide floating the miners back up imo.

The valuation is stupid but then giants in this space like Vale are trading on a P/E under 3 now.
Mining has been hammered…so it’s just a case of patience until the money returns…not much more to it than that.