The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
'Tightening spread and volume speaking' You guys want to go off and set up your 'KMR Lovein Group Chat' With a big pin up of MC on the front page.
FFS theres been 991 shares traded today......................
F...ing pitiful.
Oh sorry, I forgot, it the ILLIQUIDITY line.
I don't think I have ever insulted you or anyone on this board but dearie me, re read that post and wish you'd never written it. I did think you were balanced although biased to the optimistic side of KMR's management capabilities. I think differently now...
We've been waiting for the Pending CORRECTION for well years now. I can buy or sell whether I agree or disagree. Its all about the volume dear boy! 83% you said so 18.7m is available for buying selling if punters are interested. But they're not! Volume speak volumes!
Cont, Blah blah blah... Jam tomorrow when most of the rest are drowning in it. Even PFP are showing a near 300% rise since April. For KMR nobody is beating the drum around the City. PR is where? Yes a rise will come but why not now? Is it incompetence, PR, previous of MC et al, defo not Mozambique -PFP! Oh yes -illiquidity - there is only 18.7m shares available for trading but for some reason today we've traded 155 shares out of 18.7million. No interest. Why is that? Its 'The Management'
Cont, 110m shares in existence. 17% available for trading, is a f...ing shed load of shares, and it trades 30k shares a day. Nobody is interested and why is that? Hardly rocket science. Supa, think we would see shorting volumes on a regular basis if that was happening. They need some decent PR or proper contacts and sitting over in Dublin not pressing the flesh in the City is hardly beneficial. But hey ho, it seems they aren't that bothered about the sp if their backers aren't pressing them, their salary packages are more than ample.
POWER, be careful you can't ask questions like that here! When every other mining company has shown significant gains in sp over the past few years, and KMR is eradicating debt, showing a profit and production/sales up, why would you expect a share price increase? Back in Oct 17, it was around £3.30, why would you possibly think that it shouldn't be anywhere else other than £1 down from there? Here they say illiquidity but in truth there are millions available for buying/selling at a decent price. The fact is that nobody is interested which is seen by the traded volumes. Whose fault is that? Buck says it's mine for being negative on here. Dearie me, I didn't realise I was so influential!
Iluka are max 30% worldwide.. Hardly a monopolistic position! Part of an oligopoly -Yes- and the undoubted market leader. It is an interesting article in that it shows that HM ore bodies are running out in Oz. And they're prepared to go anywhere in the world to continue their dominance.
What am I expecting? The figures will be fine if not good. What I am expecting is a sp of �3.30 within a month to get us back to where we were last year without good figures. Then I am expecting considerable sp growth. And how do we get there, get MC off his a..e in Dublin, tramping round the City and telling anybody who will listen about the opportunity they are missing. As for dividends, if the market players are informed now about the potential, 3-5% dividends in the future aren't going to turn them.
Think you're looking at it the wrong way round? What is it that so s.it about KMR that with a well developed mine, good figures, good potential, no one is prepared to buy the share. And please don't spew out this illiquid crap cos there are millions available and on a good day, we get 30,000 traded. No one is interested - and why is that?