Member Info for thinksmart

...what just happened? Ask and Bid have plummeted! Big sell being worked in the background perhaps? Or just a massive attempt at a tree shake?

Broker view is £1 for SHFT and as the last few months have shown it can move upwards very quickly. Hopefully we just need patience and buying on the dip will prove to be a shrewd move. Lots of companies suffering due to the industrial unrest in South Africa but hopefully that situation can't last for ever. That situation has given us a cheap top up opportunity - be happy :-) Maybe more rides to wave yet, who knows - lock it in the bottom drawer and hopefully in a few months this ugly duckling should have turned into a swan. Apologies for the mixed metaphors! lol Best of luck

...usually show in my HL account's cash drop the day they are paid (i.e. today) but then need a phone call to move them across for trading. Still no sign as yet though. Suspect a lot of holders would have liked to reinvest their divis on the drop first thing this morning.

the 54.8s are sells

...apparently

Anyone received their dividend payment yet?

I know but give it time - considering the RNS we probably ought to be a penny or so down on last night. This morning's drop was a huge knee jerk reaction to what was essentially not that big a deal hopefully. I couldn't believe we were in the 50's anyway so I'm hoping and expecting we'll be back up in the 60's soon, whereas it really ought to be the 70's. We just need some of those contract announcements, extensions, or renegotiations coming through.

Why build expectations of fully recovering back to where we were today? It was a bad news RNS, but not that bad. The market looks to have over-reacted to me and we are recovering, but I would expect us to settle a bit down at the end of the day on last night's close. Of course market's are fickle and irrational at times so we could end up way up or way down but if sense prevails I would think 56 to 57 fair for the day. This has given us an opportunity to increase our holdings cheaply and reap the rewards when news improves. i.e. End of industrial relation problems in South Africa, renegotiation of Lonmin Karee 3 contract, extension of Kibali contract for main shaft work, any new contracts coming through from the massive tender pipeline etc etc etc. Value will out here given time.

Had to sell stuff I didn't want to and rob accounts I shouldn't have to do it but wouldn't want to miss sub 54p!!!

Got them! Frustrating that the dividend hasn't come through yet or I'd chuck that in at these prices too.

Trying a fill or kill for another 4k at 53.8 - just got to wait :-(

4000 shares - trying to get more but appear to be in auction now!

...a massive over reaction to me - need to find funds to top up fast

Hopefully not a major concern but hope they sort the situation soon

Is IG purely CFD trading (spread betting)? I've never tried it but think I've read that such "brokers" (bookmakers) give their own spread slightly wider than the one's the MMs show as that's where they make their profit. Could that be it? Re transactions on SHFT, the vast majority have an "O" against them meaning that they are "Ordinary" trades and have gone through the Market Makers. Hence they are a buy or a sell but can't really be considered as both. There are very occasionally orders executed through the LSE order book as well which which are indeed 2 way and usually have "UT" next to them but these seem very few and far between on SHFT.

Arbuthnot were acquired by Westhouse. Broker target is 100p

I think you misunderstood me - I mean I WANT to top up here and SHG at these silly prices but no way I can find any more funds at the mo!!!

But if it drops much lower may take out a mortgage! Happy to wait this one out as confident should recover well eventually as long as no disasters.

I noticed! What is it with SHFT and SHG lately. Have investors gone off rude sounding tickers all of a sudden? No way I can find MORE funds for more top ups after yesterday :-(

Eh Gringo - who you calling Mexican!? No tengo dinero hombre!