Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Just sold my holding of agk, up 20% on this stock as I bought in at 1630 and then averaged down to 1590...sold at 2020. Have bought some abg and pog, believe that goldman and jpm are deliberately manipulating the stock down and they should rise soon....I am patient like I was with this one. Its difficult to find the bottom, but if you dont get in at some point you miss the boat!!
I bought in today, at this price it looks good value to me, not currently holding any so 5560 is my starting point, am prepared to average down a little if need to. The gold price was hit quite heavily today so not surprised at drop today, this one will come good, just a little patience required.
http://www.economy-news.co.uk/stocks/2303-aggreko-shares-fail-to-see-relief-rally-45345 Good job I didnt listen to them
I jumped in this morning too @ 16.54, excellent buy, ftse 100 company at a 30% discount from 3 months ago, and profits at a slightly lower forecast for next year compared to this year. EPS have grown this year...also a small divi, but divi nonetheless, not that I hang around for those!
I agree with your view that it may drop a few more percent before we see a rise. I did exactly the same with burberry, bought on the initial day of the big fall around 10.71 and then watch it drop to 10.00, luckily I managed to average down a bit more and sold at a good profit. Hopefully this will do the same, but it did take around a month for burberry to rise again.
I think you have done the right thing by shorting this..but can't see it dropping too much, also my sp account is showing a 2 point spread..can't see you making much on the short..I am not brave enough to short it..but will top up on the drops as have every confidence on this stock
Sold half of my holdings at 263.45, should have done so at 264 but you cant time everything, now holding 10% of this stock in my portfolio, will top up if it drops any further..Haven't made a fortune or anything, but profit is a profit don't care how small! I just find this way that if it drops I top up, and if it rises I win. Anyone else use this or a similar strategy?
Shame about Thomas cook mate, but there is always another opportunity around the corner...I always look at the biggest fallers for some bargains...the only problem with getting in too soon is that they can drop a little further...but if you are patient and they are good companies..they usually come good
Its funny how I never even looked at Britvic before...the huge 15% drop brought it to my attention lol..I wish I had bought supergroup after its huge drop..just some patience would have paid of handsomely...up over 15% today.. Was tempted to go into burberry, but this one seemed better value and less of a risk