Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Add about £10 to your purchase price and that is what I admit to paying - about 2 weeks before Covid kicked off. I have bought the rights, and again last week - so I am Mr Hopeful. This can be a very profitable sector, and I do think any consolidation in the industry would be very helpful.
When I first bought EZJ, about 2 seconds before Covid restrictions came into play (at something like £15) I did so on the thinking that consolidation was due in this industry. I still hope that is true, and I welcome this positive price move - I do think it's more to do with their good business and recovery. I bought the rights, and twice more - so, if it gets to about £7.50 I will break even. Quite some way to go - but here's hoping. Steve
I have posted before that I first bought EZJ 2 seconds before Covid hit @ £15.51 ouch.. I bought them because I thought this industry was ripe for consolidation, and I thought (still do) EZJ could be a target.
Things "seem"to be going in the right direction with massive holiday demand etc., etc., At least I'm making on the rights issue at £4.10.
I'll keep my fingers crossed,
Steve
I agree that travel is changed for the foreseeable future - but, we will travel again. And, I think in big numbers. Why, because it's the "new norm". We have just been to visit family in Dubai, and yes, taking (and paying) for tests is a pain and unnerving - but with everything that is happening it is a small price.
I've posted before that I can only hope EZJ re-bounds as I came in at probably the worst decision making time - I paid over £15. So, here's hoping.......(in the "opinion" box I would like to add a new one "Please Buy"
Cheers everyone
Steve
Don't know if this is the only reason? Whilst the market has been a little shaky lately, people having been moving into Unilever for the divi yield. I personally think the share will go higher, and hopefully the next April update will help. I came here at £40.75 in Feb, so very happy to see it recovering.
Cheers
Steve
Thanks Oldsid.
I'm with you, rather than genuine comment, advice etc., this site does become a forum for slanging matches and those who miraculously seem to make millions. I've traded shares for a long time - those who have, know it's very hard to predict accurately, and even harder to make a real profit. We all win sometimes, but the losses hurt. It's gambling really and gamblers only talk about the winners...
I came into EZJ exactly at the wrong time - paying £15.51. What amazes me is how Whizz Air has come back very strongly - I'm hoping EZJ will follow. I've no doubt business will be excellent again, and I can't see the Government/Shareholders letting companies like these not surviving.
Fingers crossed anyway
Steve
thanks both for the very helpful info. I've traded shares for more years than I can remember but still don't understand how it seems to work. I bought JS about 18 months ago at 216p. I hope they will sell off their banking arm to increase value. Cheers everyone
Steve
Agree with your comments. A an example (although Waitrose but still Grocery Mkt) just about all Xmas turkeys are sold as more families are eating at home. This boosts all the associated extra's. I also think JS is going to be interesting if they sell off their banking arm.
Cheers
Steve
Me too. I came into EZJ at £15.50 - so fingers crossed. I've had 1 divi, so now making a tiny profit. Still don't know how the markets work - according to the stats so far today, roughly twice as many shares are sold than bought - yet the price is up 5%. I would love to know how it works.
Cheers
Steve
I too read the positive statement before the mkt opened - and clearly thought (wrongly) that £12 no probs today. According to the numbers, about 100k more shares have been bought than sold and still it's down 65p. I came into EZJ at just over £14 - I'll wait.
Steve
I would love to hear now what Berenberg have to say...only 2 weeks ago they rated "sell". These Brokers know no more than us and we actually invest our own money. I did come into EZJ at a much higher price than today, but I still think they are a good investment.
Steve
These Brokers - so called experts, make me laugh. Across all of them they have got every outcome covered. They know no more than us - so, as an optimist with no lines, graphs or data - I rate them a buy (but since I paid over £15 I would)
Steve