Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The market continues to trick people on this one. Outrageous really. Anyone would think this is an AIM stock.
Seems to be in a bit of a recent downtrend so I put in a buy order for 120. Hopefully the update next month will be received well. The NT has a 143 target. Good if we can get near there.
Little sign of that 150. resistance seems to be around 120. maybe a rise towards ex-div date?
Another blip in sp to dupe desperate PIs.
Maybe SMS will have to capitulate and seek a buyer or liquidator....
MMs must be laughing at this morning's dupe.
...don't get fooled again!
The market cap isn't likely to halve unless there is some major disaster.
A lot of uncertainty around like China the Teck deal weighing on sentiment.
Dividend is a few months away. It's been yo-yoing up and down for some time and now could be a good entry point for the longer term. I had target of 430 until recently by luckily held off. The chart indicates it could be bottoming out but there's still a lot of selling it seems.
The question for me is whether it could breach £4. Of course it will if I add...
It should rise now I've sold. Possibly prematurely but the problem here is that there are too many 'excuses' out there to knock the sp.
Well my prediction is still 6-10p.
The sp will be bashed to bits so only a few punter PIs will be tempted to trade it.
A capital raise is unlikely to work as I feel that only an idiot would subscribe to it.
Httpx://uk.finance.yahoo.com/news/s4-capital-lon-sfor-doing-101823956.html
Er - now 44p.
10p by May if not before.
Enormous infrastructure and costs. Decent dividend despite it being slashed a while ago but which now still looks massive due to the sp decline.
Lots of competition. Enormous shareholder losses. Keeps forming new lows with false dawn little rises which sucker people in. Have I missed anything?
If the bots and some humans are keeping this afloat by day trading the sp would have to move by at least 1.5% - although that's without DMA which the algos have.
How were they to know which way the sp would go?
Vod is a trading share only. You simply have a 50% chance of it going up when you buy. However, I know that if I buy this chance would reduce to 0%. By the time it goes up in any given week I would be in the red so would be selling at a loss. This is how works....you need to ask yourself if you feel lucky....
If you try to sell and buy back lower you'll nearly always get scuppered. you can look back and see how it might have worked but for me it never does going forward! It's like each of us has a different personal reality in the stock market.