Member Info for thinksmart

lol Well any of that lot would be nice, if we got the full set then I'd be partying :-)

Yes - its a long time coming. Still being offered 58.5p to sell 4000 so all recent transactions look like buys to me. All smallish though hence not affecting the SP so far.

offered 58.5p to sell 4000 (market size) so would think those transactions above 59p are indeed probably buys as Peace noted

To be honest, you can say "lucky" but, really I'm horribly over-exposed in SHFT and just counting on the belief that we have to eventually end up well up from where we are now. So its a case of bucking in and riding the waves from here and hoping for no bad news. If I can hold to the next dividend that would be great and hopefully we'll be worth a fair bit more by then, although I might try some top-slicing and topping up on peaks and troughs along the way. As always I'll go with the flow.

Average a bit tricky to work out as I bought several tranches, then sold 2 of them but kept one, then have added countless times since, and hold some in an ISA plus a few in a trading account, but somewhere in the low 60's anyway, and all my previous trading in SHFT has been profitable even excluding dividend payments so its been a great share for me. Just need to get it back up where it should be now. To do that we need some general market confidence in terms of Greece, Spain, Euro, China etc., end of industrial unrest in South Africa, and a bit more good news out of SHFT. Hopefully all will come to pass soon. Hard to know whether the 59.15p trades were buys or sells as the bid had just moved up - they were only small anyway. The 11k sell was a mugging at 57p though!

Finally moved a bit of money and got my final top up to at last take me to 0.1%. :-)

The 3110 shares got traded in the end after hours as an uncrossing trade (auction). Appears as a sell at 58p but of course is actually both a sell and a cheap buy for someone. I guess Anglo ashantis news of more industrial unrest may have hurt us a hit today along with the general FTSE decline.

Weird. One of the orders is for 3110 shares at 58p to buy, and another is 3110 at 58p to sell - very odd! Odd that they are exactly the same number of shares, odder still that they are at the same price, and even odder that they don't just get matched up done deal! Presume one of them is a fat finger and they are trying to sort out the mess but to be honest I've really no idea. Peace - did you get your top up in the end?

I can only see 4 direct orders on the orderbook. 3 to buy (one at a silly low price so ignore that one) and 1 to sell. Can't really see why we'd be in auction for that but we do indeed appear to be.

Never wise to over-trade. I could pull out a bit of funds from a few shares too but they are currently on a loss. Trouble is I also think they are cheap at the moment and if I had £10k to throw about would probably put the main chunk into SHFT but some smaller chunks into those others too. Looking to see if I can spring a few quid from my business account but I don't have access to it while I'm on client site and think this opportunity may already be passing - hey ho.

I don't have any funds available either mate! Looking for what I can move around. Worried I'll miss this opportunity as I can't do much from work.

Me to but if I get a chance to buy under 60p I'm going to be trying to find funds I think.

Incidentally SHFT and SHG both dipping close to top up range again but don't know where I'll find some funds from yet if they go any lower. Notice you've gone very quiet on SHG - have you sold?

Lonmin or Randgold contract? Actually, easy answer whichever - no idea! lol I'm unclear on the Lonmin contract whether we are simply trying to renegotiate the price, or, whether having complete a first stage which we negotiated too cheap a rate for, we are now being asked to undertake a second stage/phase and are demanding a more commercial/competitive rate. Hopefully its the latter. Either way I don't imagine Lonmin will be the easiest people to get any change out of at the moment after recently suffering losses dues to industrial action and now having to pay a large hike in labour rates, so I'm not allowing myself to count on anything too earth shattering. On the other hand it will be good to get confirmation that we've got the other part of the Randgold contract i.e. to sink the main shaft.

What we do know is that the order book went from £301m to £401m between December and May (including the HZL contract) but we don't know what if any orders were filled and came off the order book during that time. But on that basis its probably fair to say that HZL is worth at least £50m.

No idea at all to be honest. 3 orders were announced around March April time I think amounting to approx £50m in total (varying amounts each) but I can't compare the size of the projects with this one really so just have to wait and see. I also haven't been able to work out a likely size of the HZL zinc contract (RNS'd in May) and can't see its value announced anywhere.

I will always correct facts where I see inaccuracies and I don't believe that can be seen as harsh. It was only obvious that it was the tender pipeline to you because you know the figures - a newbie might not have - therefore it required clarification. End of from my point of view.

Management continues to actively pursue a number of new tenders with geographic and commodity diversity, now showing an approximate 10% growth of outstanding tenders or price submissions rising to GBP1.1 billion from GBP1.0 billion at 31 December 2011, including the award of the HZL contract. The Company believes it is well placed to secure a number of these tenders. Yes all great news and exactly as I said - they believe they are well placed to secure "a number" of the tenders. that's nothing like saying they are confident of having all of them under their belt.

My response was respectful and humorous and I don't know what you're getting so uppety about. Your post needed correcting which is all I did. I don' t think I put words into your mouth. I am English and I'm quite sure you can tell that from the way I write, so trying to infer that I might not be is a bit silly. They do not have £1.1 bln contracts under their belt and I would be very interested to see where they have ever stated that they are confident of turning the entire tender pipeline into contracts. Your sentence was grammatically flawed and implied, to me at least, that they "have" the contracts by virtue of your use of the word "have". You didn't mention that they are currently only tenders. If you meant that they are confident that they "will get" all £1.1 billion tenders as contracts that was not clear. But again I would be interested to know where they have ever stated that. The way that tender pipelines usually work is that they are ideally maintained at several times the order book as only a certain percentage of tenders are expected to turn into orders. If SHFT maintain their tender pipeline around the £1 bln mark and convert 30 to 40% of their tenders to orders then their orderbook should stay around the £300 to £400 million mark. And I didn't call you a dreamer I said "dream on" which is a common phrase meaning it would be nice if what you said was correct but unfortunately its not.

You said they had £1.1 billion of contracts under their belt. I was just correcting that as its incorrect. Its not a case of doubting or believing they will all become contracts - its just a case of correcting the facts. But, for the record, no company would assume it would win all of its tenders, and no investor should assume that. In fact if they all came in I'd wonder how they would service them all. As long as their order book is strong that's the important thing. The large tender pipeline is good because it gives a good chance of maintaining the order book as the orders are completed.