The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I am down 50%... so I guess no harm in leaving this now, whats another 50%....
.....
Why do you think it will be broken flava?
nice early morning profit for all ;)
New to ORCP and have been doing my own research, can't afford to put more than a few K in but in the next few years, that will be a nice Audi R8 with the profits :)
# Trades 54
Vol. Sold 31,958
Sold Value £4,594
Vol. Bought 848,064
Bought Value £121.91k
PE Ratio 6.291
Earnings 2.285
Dividend 0.00
Yield
How is this possible to be going down...?
I will look at contacting the FCA about it all.
I myself have bought at 8p and at 47.5p and have been a LTH with BMN for almost 3 years now.
I am not someone with a huge amount of capital, but as Pdub has said, no one knows when to buy or sell otherwise we would also win the lottery every week too....
with the fundamentals, this will eventually catch up to where it is supposed to be. I've come to realise, even as a novice investor that research is key and the Bushveld Perspective gives that.
Until then, I follow updates on that website and look forward to when I can retire on my LTH :)
Happy Tuesday and exciting RNS!
https://uk.finance.yahoo.com/news/5k-spend-4-dirt-cheap-062002586.html
Bushveld Minerals Limited is another dirt-cheap small cap worthy of serious attention right now. It carries an earnings multiple just inside the bargain benchmark of 10 times and below for 2020, a reading that fails to reflect rocketing demand for vanadium.
At present this particular resource is best known for its use in the manufacture of steel. Indeed, around four-fifths of the world’s vanadium is combined with iron in order to strengthen steel products. But its growing role is in the field of energy storage, which offers the potential for explosive price growth for this commodity.
Bushved Minerals itself reckons this one application could cause vanadium demand to swell at a compound annual growth rate of 8.4% through the next 10 years. It could be well worth grabbing a piece of the mining giant at current prices, then.
I have been putting as much as I can afford every month in BMN and will continue to do so, based on the solid fundamentals.
This board is also allowing me to get other's view points. I will be HODL'ing until we are much closer to £5 :)