Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Forget about QCM, its all about the results in March. I am pleased with the reaction of the BOD to the increase in the short positions
Pi, i can not see it affecting existing customers but potential customers might be put off
Lending/i agree ,that is why its probably best if this gets taken out. Hopefully with us pi in profit.
No Win/ i said i wasnt going to buy anymore after the last update but i couldnt help myself,i bought another 2K shares at 211p. My guess is the drop was caused by the increase in the shorts
After the last update ,i will not be averaging down ,until i see some better numbers. This is now a hold for me. Obviously this year will be tough for everyone. The management have their financial incentives ,its time to see some results.
bob/ your right ,Buffett doesnt do EBIDTA ,he thinks its nonsense. He wouldnt touch the likes of DT with a bargepole ,because he cant see forward earnings. That is why he never bought into Google or Amazon when he was asked to ,in the early days. To be fair to Buffett he says " my biggest mistakes never show up on the balance sheet of Berkshire " hes biggest mistakes are the companies he never bought
oldgold/ "only a idiot thinks he can time the market" (Buffett)
Lending/ with this,its more like, "If your in a hole,stop digging" (Dennis Healey)
The Central Banks short Gold and will destroy Bitcoin. Russia and China have great Gold reserves. They cant control Bitcoin so will destroy it
Disappointing update ,especially after all the hype about PREVENT, Wheres the new customers? I wont be buying anymore,its now a hold
Cef/ yes Buffett didnt understand Goggle and Amazon
onsolid/ you might be right,at about 10;30, i tried to top up with 1875 shares,i gave up after an hour and got the broker to do it . It took him about 30 minutes to execute the trade
Squad/i am not bothered if its bought out or not. I like it so iam happy to hold. Size matters and we are competing against the big boys in the US. The way our management have been shaping up,it looks as though they would like a deal. My average is 450p,so anything over a fiver would be ok for me
Squad/as soon as Jacob was appointed, i bought more. There will be a lot of M+A in this sector this year. I do expect this to be taken out.
grotty/ you were probably wasnt around in 2000 tech bubble. It happens. It happened to one of mine a few years ago(Tremor) i followed it all the way down to 97p. The last lot i sold was for 660p,i made a killing. So dont get depressed,i know its gutting but try to bring your average down. The fundamentals havnt changed only the SP
Scoo/what facts?
Lending/ive never known anybody who can predict the market. Although many on these boards think they can(i dont include you with them). Sure they get lucky a few times like the punters in the betting shops. We all know whats going on with the macro stuff but at the end of the day its about earnings ,if the earnings go up the SP will go up,
I have no interest at all what the SP is doing. I like to see it go down because it gives me an opportunity to buy more. Remember you are buying a company not a SP.
Zach/i hope youre right
The only time i would worry about my investment in Dark( and iam holding 150K shares)is if it missed on earnings. For me the drop in the SP is a buying opportunity