Member Info for stevebt

L200, If you follow going underground’s link and then go to where I said in my last post it will tell you the top shareholders in wres.

9.3 top share holders.

Simply walk street, look at number 9 where it says holders? And it gives you a full list of the top 25 holders

Just been looking at big firms that own shares in wres and Barclays, Halifax and Santander all own shares and Halifax is next biggest holder after MM.

I also noticed their profit margin has risen 600% compared to the last few years. That’s quite good considering what has happened over the last 18 months.

Getinthere, With my average share price sitting at 8p and dropping I’m more than happy to sit and wait for the shard fair value or higher and hope your shares comes in profit sooner as if it does it’s good for me :-)

Troajan, thanks for explaining that but if production ramps from 50% to 100% it doesn’t mean that they will mine 50% more but it will mean the Ebitda will go up by over 50% as more staff must be needed. Are the staff that are laid off still willing to come back and if mining is taking off won’t that mean wage rises?

Also to increase production 50% won’t more plant be needed so therefore increasing the dreaded Ebitda. After the world has virtually been in lockdown for over a year when they ramp up to 24hrs who is wanting to work the graveyard shift effectively giving them no life again and when they do what premium will it come at.

Goingunderground,
I think troajan is quite knowledgable on shares and I would have no problem listening to his opinion on other stocks.

Obviously I have no idea on the quantities and targets of this company as I bought into a good cheap share. I would like to learn a little and I’m not googling it so what actually is “ rom feed” and “ ebitda“?

Bigger dividend from BP and RDSB next month could get spent in here.

I would of been topping up PSN all the last year but they are already top dollar and there is no mention on the web what’s happening with the dividend policy after its run in July next year. With a new CEO who is not in house I’m waiting to see what the new capital returns program will be before buying in more. I’m sure with them being one of the best dividend payers in the FTSE they will want to continue that crown.
To be honest they are a money making machine and I can’t see that changing anytime soon as from the last crash of 2008 they are still building on land they have owned since then and ten years before.

I used to only have persimmon shares but over the last year I have bought into other stocks, the only one that consistently makes me money and never lets me down is PSN. Last year it was the only stock I had that wasn’t in the red as I work for the company and know when it’s a good price to sell or buy but now I won’t sell them as I would rather trade my other less profitable stocks. I only have £6k left I can sell this year before paying capital gains so I’m choosing my sells carefully.

tonguestan, so by your own words you have nothing in your life bar posting on here, I’m sure there are better forums to have fun winding people up than on here? But you really do talk some crap if that last post was anything to go by, I would suggest you stop drinking as it’s actually a depressant and your depressed enough.

I would like to probably put more in as my average is low but I’m still reminded by your words that “AIM market is very risky”. I tend to put most of my money in the safe big FTSE companies with dependable low dividends at the moment.

If they are churning that tonnage out at a guess what were you expecting/hoping the share price would be?

Won’t be long for that and Christmas songs in the shops as they try to encourage people to spend with Christmas in mind.

58.7p. It’s been hovering around this all week so I think Friday will be a lower time which is handy for me as I get my PSN dividend tomorrow and it’s getting spent in here.

Jaf, August 2018 and August 2019 are virtually the same but you can’t compare the 2020/21 prices as it’s been affected by a huge pandemic seeing many firms crash and burn.
If the pandemic hadn’t happened you would have reason for concern over last two years price. See what August 22 is like if the world is back to normal if not it will be August 23.

With vast being at around 6p if you bought in at its peak for 450p I think you would be investing in a wobbly chair and a rope.

I think it’s better to just hope production kicks in properly next year and write this year off as another bad year. With most restrictions being lifted all over the world next year should be good for all companies that survive.

It was only yesterday I decided to look a little further into LEK and more broker sites were saying it was more likely to hit 0.0001p before it reached fair market value, I just thought of Bahamas petrol so was well pleased with the rise today :-)