The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
CWWX, you're now trying to wriggle out of what you have said, too bad, people can see for themselves what a fool you are. Take it on the chin, because if you try to discredit others, expect it back.
What do you mean, "Noted a few names joined you today." What on earth are you talking about?
"I also disregard anyone who persistently jumps up and down waving their arms around screaming about MM’s." - as I said, you are a fool! MMs have control, always, and I don't think I'm alone at being surprised at today's sudden drop, but you carry on, you just make yourself look more and more silly following your comment from yesterday.
It wasn't nonsense, i said get out when it was taking too long for any deal news. I have friends in the banking world, one of whom is uber positive about RR and I know why. It's up to you whether you listen or not, your investment, your decision, but this is being played, as this will be £7 in to next year, wait and see. There was no justification for todays drop at all, and the MMs know it, wait and see what big buys come through after COP. There are big contracts in the pipeline, wait and see, up to you though. And don't try and discredit me, as I have said, I sounded out the red flags when, for me, they started to appear on sdry and I was right, I got out just before the news thank heavens. Someone will always be right, and someone will always be wrong. I know it is the former here :) my views of course.
Is that aimed at me Grezzz? If so, I think you need specsavers! Try this;
https://uk.finance.yahoo.com/news/dividend-forecast-rolls-royce-shares-093534223.html
Don't give your shares away. That stop loss operation this morning was criminal. Feel for those who have lost out as a result.
Flava, agree with the majority of what you are saying, and aim stocks are definitely not for holding, they are only worth riding these days, but I wouldn't diss long term investments entirely, especially FTSE 100 and 250 stocks, for instance, I'm holding rolls, and whilst I could kick myself for missing the climb when I sold at 96p and it went to £3.50, it has still given me the opportunity to keep the wolf from the door, at certain points, and even buy back more shares when it has dropped, and with the news due, I see it as a keeper for a while yet. All swings and roundabouts, but yes, whilst the market is like it is, it's more of a traders paradise than an investment, and as the saying goes, if you can't beat them, join them! :) Best of luck.
Davey, you can't complain if you want to make money, and isn't that what everyone is here for in every stock they buy? it was easy during covid, the kids were all working from home and thought they'd join in, make a few bucks, but now they are rightly being pressured back in to offices, as they should be, but the market suffers as there's less money floating around so freely. When interest rates start to fall, there will be more enthusiasm again. In the meantime, take what you can get, and don't look a gift horse in the mouth as the saying goes!
It's an aim stock, aim always produced the most dramatic swings, up she goes, down she goes, you just have to time being on the right side, and no one complains when they're on the right side of it and making money, do they? lack of aim regulation means you will always get the rampers and the derampers, but it makes the market. Hoping this swings back to the high of April last year. GLA.
From that last source;
"Robyn Denholm, chair of car giant Tesla, and a “proud Australian”, said in December the nation could ditch its “dig and ship” status with subsidies for processing critical minerals."
"Australia, known for its abundant mineral resources, offers various government-funded incentives to mining companies. These incentives vary across different states and territories, making it essential for investors to consider the most mining-friendly jurisdictions in the country. Let’s explore some of these initiatives:
Western Australia (WA):
Home to key mining regions like the Pilbara, WA boasts plentiful resources and widespread exploration.
The Exploration Incentive Scheme (EIS) encourages exploration by stimulating and sustaining the resource sector.
The EIS includes several programs:
Co-funded exploration drilling and energy analysis: Offers up to a 50% refund for innovative exploration drilling projects.
Geophysical surveys: Aids in identifying potential mineral deposits.
3D prospectivity mapping: Enhances exploration efficiency.
Promoting strategic research with industry: Fosters collaboration and knowledge exchange.
The EIS recently received increased funding, now at AU$12.5 million per year.
Tasmania:
While Tasmania prioritizes its agricultural and renewable energy sectors, it also supports mining.
The Geoscience Initiative allocates AU$2 million over four years.
Its goal is to deliver new pre-competitive geoscience data and improve historic data accuracy.
Junior Minerals Exploration Incentive (JMEI):
The Australian government contributes A$100 million to extend this program.
Eligible companies gain access to tax incentives, attracting new investors.
JMEI encourages exploration in untapped areas of Australia, fueling industry growth.
In summary, these incentives not only benefit mining companies but also contribute to a stronger economy."
source: Bing