Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Not posted on here for many a year but today I have finally decided to chrystallise my loss. I've held shares here for almost 10 years and during that time I've lost count of the false dawns and failed promises. I wasn't heavily invested and I had also traded the shares a couple of times so the losses weren't too hard to stomach.
I've given this company the benefit of the doubt for far too long and which ever way you look at it the people at the top are either incompetent or simply after a free meal ticket. Its the hope that gets you, but at some point you have to let it go and I wont miss looking in here only to be left disappointment, not shocked, but disappointed that the pot of gold at the end of the rainbow has once again alluded us.
Good luck to all you long term holders who still have some stomach for the fight
Alot of people just trading the swings (I confess to being one of them)
Also, someone has been 'dumping' alot of shares just recently. Not many people hold the volume so my suspicion is that some of it, if not all of it is the old finance director.
:-) - I just like to lock profit in and im quite happy to wait until the time is right to buy back in. Sometimes i 'miss the boat' but if i do its not the end of the world as ive already made my money. This strategy has worked particularly well with this share
Back in at these prices for a few and kept a bit back in reserve in case it drops further over the next few months. Not surprised how the market reacted to the RNS, nothing overly exciting.
Think alot of people were getting carried away with unrealistic expectations.
Good investment at these prices though if you have the patience to hold them for the medium term
A few of you appear very on edge. I cant be a big player like the rest of you then if you don't consider £15k a lumpy sell
Anyway, like i say quite happy to wait and see what the RNS has to say before buying here. Good RNS and i will buy back in when im confident the company really is moving in the right direction: i shall also look to buy back in if the market doesnt like the RNS as i believe the foundations are there long term.
Not sure why everybody thinks that iis are a good thing. You just have alot of shares in the hands of a third party who can decimate the share price on a whim. Much rather have private investors holding the shares but each to their own
I have no fixed price to get back in. Im waiting to see what the next RNS has to say.
I may well miss the boat but I have already made good money from here so I wont be overly disappointed. Maybe im being over cautious but im just not sure how the market is going to react to the next news as i dont think its going to be a steller RNS like everyone thinks.
I'm here because i am looking for my next entry point. Is that ok with you?
I was here a long time before you btw and bought shares within its first hour of being listed.
Im not sure what facts and which specific bits of the RNS releases you are speaking about but all i said was you cant pay dividends without profit and that is a FACT. I'm fairly certain the company will not be in a position to pay any dividends for a while and as far as i'm aware the company has not suggested it will be.
3 likes for this {puts head in hands}
I must assume this is just a blatant ramp attend. You do realise that just because there is an extra £1.9 million in the bank this doesn't necessarily mean the company has made £1.9 million profit don't you?
Time to hold my hands up and say my timings werent spot on on this one.
I have made good money from trading this and i still believe I called most things right, other than the timing of the FCA investigation that i fully anticipated to rumble on for a good 12 months. Having said that i did say it would fall back below £1:00 (which it did) and i did say the FCA investigation was a formality (which it was).
I still think the Year End accounts arent great but people like to focus on only the parts that they want to see and believe in.
I'm always happy when people make money on AIM because its not easy and theres more losers than winners
Nice rise today on the back of a fairly ordinary RNS imo. It told us nothing we didnt already know so surprised people are getting over excited by it: having said that the fact that the business appears to have addressed its issues is comforting.
I'm honestly not sure what direction the share price will go from here. I think £2 is definately achievable in the short term. One for me just to keep an eye on for the next 6 months and buy again on the dips if there are any.
Good Luck to all those who continue to hold
In no particular order
- The FCA investigation is a tick box exercise: Nothing is going to come of this
- Yu wont be moving into the domestic side - if they do it will be a disaster for the business and shareholders alike
- Bobby is a great businessman. To suggest otherwise is utter tripe
- People quoting trust pilot reviews as a reason of worry is laughable.
IMO