Member Info for Slim_Shady

Some ppl who bought in 104-113 range prob just want out of the shares and lots of sell orders may have been triggered. Once we break 113 then will be a big gap up quickly to 130 hopefully.

Top up time get solid results and can still buy in at 104 nice :)

Latest on ITP Aero potential deal with Bain in case anyone missed it:

https://www.reuters.com/business/aerospace-defense/rolls-royce-plans-sell-itp-aero-bain-sener-19-bln-report-2021-08-04/

Solid results and RR leadership have done well with the levers in their control. Nice to see the unexpected profit in civil aerospace as well.

They have also created some buffer with extra £2bn bank facility and as expected dividends won’t resume till 2023 which was to be expected while getting back to cash positive.

This sets a solid base to grow from with ITP Aero and US / UK travel corridor positive catalysts still to come

Yep I saw that with 3 non UT trades adding up to a total volume of 1m which is not insignificant as Fxpo traded 4.6m total for whole of today.

It was a 50:50 call lets hope for a bounce early doors then as the downside case is pretty grim.

Xparkie great post good to remind people of the facts especially on production /sales as Fxpo are building for the future and I like the fact they are trying to diversify to get new business from 67% Fe and US etc. Also good to remind people not to get caught up on big ups and down that is just how MM works e.g run up to 513 last week was overdone and sell of to 446 today the same - just have to ride it out and believe in the company until there is a reason not to.

I did top up a few more shares on the bell once it dropped below 450 so hoping for some recovery next few days.

If this drops below 450 I am selling some of my other shares and topping up as this is way oversold. Anyone have a steer on key technical supports below 450?

Hopefully that is the double bottom and we have a nice big W coming

Agreed I have similarly tried trading on catalyst events and have had mixed results. For tomorrow main hope is we push up and hold nicely above 500 to support a bullish breakout.

This really is a 50:50 call up or down on results so no-one can claim to be smart either way.

Only way you win is if you hold long term and this will be a small bump / catalyst that will be immaterial in a few yrs time

Day of reckoning is here lets hope we can get well clear of £5 as this is the last major catalyst for a little while. Iron ore is still in major demand just too much in China’s case but the reality is this company prints money so should only be a bump in the road!

With the Chinese govt also asserting control over their big multinational companies (Alibaba etc) and driving trading uncertainty on these it should help commodity companies like Fxpo as this enables exposure to China growth without worry of regulatory fines or flip side US delisting for the Chinese companies listed on there.

Sadly hedge funds have scared everyone to become day traders regardless on how big the news actually is so the daily volatility on even a solid long term company like RR is all over the place. Ultimately HFs win as usual as they take the big profits on way up and down.

Sadly their job is to create FUD amongst retail investors especially those who don’t understand the share inside out e.g. Fxpo is primarily 65% Fe, China keen to source more iron ore outside Aus from companies like Fxpo etc.

Even false statements on iron ore change can unsettle some people when there is high volatility in the SP which is the aim of these paid derampers.

I feel your pain I bought some at a higher price when the original Berenberg target price of 1540 came out then a month later they were involved in the 1060 equity raise which was very frustrating as they clearly knew this when issuing this target price.

With these AIM companies you have to be careful as they can run up and down v quickly compared to the FTSE so have to do careful due diligence.

If I was you I would whole Ceres at a minimum to the climate conference in the autumn as there will be a run up in the clean energy sector again similar to when Biden did his proposed infrastructure stimulus package a few months back.

I am starting to have concerns with CWR and the fact pipeline is not ramping up and results from Weichai trials are not here yet but will treat my holding as one of my speculative shares. Be very careful on leaving large sums of money in here as at this stage hydrogen’s size of the future world is still to be proven.

Vale production is also ramping up slower than expected which is good news for Fxpo.

What do you think caused the big spike up and down today? - quite an aggressive sell off I thought it would go to max 505 then cool of back to 495 but ranged 480 - 513

Shame it couldn’t hold over 500 just yet but surely will smash it out the park next week

Too many day traders across the board now trying to take profits and jump back in. Sadly will slow the progress upwards for everyone else even though news is all positive atm.

Lets see what happens at 113 first got there a few times before and not broke it. If that happens would be a pretty quick gap up to 130 as not much recent trading between 113-130.