RE: A Message for Novice Investors08 Apr 2021 23:55
Sorry! Why would I deramp a share I’m invested in? My post was for educational purposes nothing more. But, you’ve proved my point nonetheless! I would absolutely love it if this company was a success. I’m simply being realistic, or is that pragmatic?
RE: A Message for Novice Investors08 Apr 2021 23:27
If you read my post I clearly stated that I did not post very often. I have been in this share for years. I would tell you the exact date but HL is down for maintenance. However, I apologise to the poster for not wishing success to short term holders, that was remiss of me. But you have absolutely no idea when I invested in Ukog or how much. Sadly, you proved the point I was trying to make! Enough said.
I’ve been invested here at 88e, Sirius Minerals, Alba, Strategic Minerals and a few more since 2015 or thereabouts. I’m not a big investor by any means, in fact I am a particularly small investor and have ridden the highs and lows of all the above. Wish I had got out at Ukog when I was offered 8.25p. Wish I had got out of 88e a few years back at 4.25, grateful I didn’t make the same mistake this time. Wish I had got out of Sirius at close to 50p rather than suffer Anglo American offer of 6.5p. Hindsight is 20/20 vision. But, what I can say is I’ve learned a lot over the last 5 years. 1. I’m not going to be a millionaire this year or next investing in speculative stocks on AIM. 2. I can make money if I’m lucky to buy low and sell high but I keep my expectations in proportion. 3. Yes, I be been disappointed but also I’ve enjoyed moderate success.
So, if any amateur / novice investors are reading this, then please learn by my mistakes. Try to get out on a free carry whenever you can. Never invest more than you can afford to lose, imagine you have backed a horse in the Grand National, you are one of forty, your horse might start at 9/4 but it means nothing, too many mishaps, too many fences, too many imponderables.
I like to bet on the football and sometimes the nags and I enjoy investing in the stock market, which can be a lot of fun. However, property, or funds are the best bet for your seriously hard earned money over the long term, wrapped up in an ISA, not AIM. Yes if you have a couple of grand that you can afford to blow, then go for it. And the best of luck to you.
I have rarely posted over the years essentially because I didn’t believe I could add anything meaningful to the discussion. Yes, I could have agreed or disagreed with a previous poster, but does that add anything to the conversation? If you had the time to trawl through the share chat of the various shares mentioned then the same names come up time and time again, a lot seem to have multiple monikers. So beware, some ramp a share to the moon and back and some deramp a share to Armageddon. Just look at the posts here in the last few days and the number of posters that have come here after bailing from 88e over the weekend. This share will rise and then it will fall. When it does the posters will move on to their next target and the same process will take place again.
I expect to receive a bit of flack after posting this, but if you are reading this and I do, then it will rather prove my point!
I wish all genuine long term holders success in whichever share they invest in.
Given DW’s remarks about Umiat and Peregrine, and assuming we do indeed have a suitor sniffing around wanting us to lift our skirts, then it sounds like these two fields will be sold as a package. Or, am I reading too much between the lines?
...in Brave New World. Interesting article by Ben Marlow in Business Section of Sunday Telegraph re Shell report on the future of the energy industry. In brief electricity consumption is expected to surge by 18 to 40 percent and by 2050 all cars will be electric. Article goes on to say .... it will a tripling of energy efficiency, end to deforestation and substantial technological advances to solve large scale battery storage!!!!! Know any company that can help???
Interesting article in business section of yesterday's Daily Telegraph saying that they are looking to build a multi-million pound investment in a new plant somewhere in north west Europe that is easily accessible for shipping. With all the talk of free ports post Brexit and the efforts of our local mayor and mp pushing investment in Teesside, South Tees Development Corporation etc does anyone think it could be on our doorstep and would it impact on Sirius in anyway as far as Bran Sands and the bulk terminal are concerned??? Would be great for Redcar just hope it wouldn't impact us negatively.
Have read this 5 times now and it seems to me that the only thing required is patience and an understanding that timelines get stretched. Interesting point about the gas by the way and DW comment on IW2 partner??? Wouldn't at all be surprised of more news next week.
Oh dear, what a bunch we have on here today already. I don't post very often here or elsewhere but it would seem that some posters have not read any RNSs in respect of what is expected and when. There is a timeline to follow whether you like it or not, so a modicum of patience is required as to when and how much hc flows. It is also blatantly obvious that some here are hell bent in driving the sp down so as to get in at a lower price despite a very positive RNS. Beware though you just might get your fingers burnt! BWTFDIK.
SL, recognise your handle from SXX, respect your contribution over there even though some people's contributions lately have been trying to say the least. Follow the board a lot but rarely post. Whilst doing your research you may wish to cast your eyes over Verserien. As always the usual caveats apply. Best wishes. S7