Member Info for TrekMadone

Looks like MM running tight…. 500 + 250 + 150 + 100 = 1m by the timing they may have broken the trades down. I can’t run a dummy trade to check as don’t have funds atm.

1m sells probably profit takers now from lower buys. Why else would you sell now. Unless you have flipping double glazing bills!

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Trek

Not entirely ‘the herd’, probably as much existing holders now able to draw confidence from the market reaction to the MRE and Align note.

6’s and 7’s were risky buys with no news but 8’s with news probably represents a better risk reward balance so folk can average down with more confidence.

I expected a run after the news and no doubt there will be an opportunity later for traders to make a few %.

Main thing is good bye 6’s and good riddance! Hopefully 7’s follow next! Just in time for more news!

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Trek

Just a reference to my earlier posts and IMO miss aligned views re TB trading ‘obfuscation’…

“ Braveheart Investment Group [LON:BRH] chief executive, Trevor Brown continues to buy shares in his company. On 8th July, he bought 75,000 shares valued at 11.67p each, for a total of GBP8,750. So far this year, he has bought 562,500 shares in the company at prices ranging from 11.5p to 12.0p. Braveheart is an investment company that acquires businesses with potential for outperformance, with a portfolio that includes Paraytec Ltd (100% owned), Phasefocus Holdings (42.67%) and Kirkstall Ltd (80%). At close of trading yesterday, the stock was priced at 13.0p, a return of -62.86% YTD and -70.08% over 12 months.”

https://www.thearmchairtrader.com/director-dealings-calnex-braveheart-chamberlin-tritax/

Like I said buying when he buys and selling when he sells for those relatively new to trading would have done ok. And the +40p divi!

I note the change of pronoun from we to your and they which seems to try and catch the SP. Lol!

Oh on averages. Free carry for me as I sold half in 20’s. All said I did put some back in to average down and have a manageable position part of a balanced pf. Bust or + 20 bag! That’s the game here! Nothing more or less sinister. Punters should know the risks. Just gotta wait and see.

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Trek

Good to see £2 still the gate.

AM must be confident to sign up!

Also others lapsed.

Quite refreshing really and SP related which is completely aligned with shareholders

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Trek

Encouragement - RNS today over at APF today showing bullish long term copper outlook by taking on a significant royalty!

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Trek

Hi Swampmonster,

Thanks, I am much more confident now. Still got 6m and 78 average as had a couple of trades work out and doubled down in 6’s.

Had I not averaged down then I would defo be averaging down now. I wouldn’t be surprised to see it do a little run and even offering the market a chance to take some off and recycle.

Like I have said that big buyer is locked in, for sure they don’t always get it right but he must be confident to continue adding probably via a broker as that would explain why peeps could sell up to 10m in one hit.

Just one more day though! Still that’s the way it goes.

Good luck with your investments

Trek

So glad to get the MRE out in the open.

Another step closer to Mr Market believing that KHD can fund the expansion operations. Got grades, got LoM, got the ore. When there is financial line of sight in terms of ounces produced that imo is when the significant rerate will land.

A fantastic entry point now for those that agree we will publish the ounces.

That was some expensive double glazing! Still promise made promise kept and pretty sure my remaining holdings will more that make up for it soon!

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Trek

Trading range a joke. Opens up down most mornings but you can’t buy at the price. Today 556 at open then to 584!

IMO It’s pretty clear it’s to take stops out or force sells. I have had a buy order for ages, 500 shares at 569. Not filled! Even tried to buy manually and still quoted 576 or NT.

Don’t be fooled. There is a buyer!

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Trek

Just that an ops heads up. Won’t shift the price but will provide reassurance to longer term investors.

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Trek

Malcy….

“ I wouldn’t normally mention NED appointments but I do feel that these are important steps that TXP has taken as it moves to being a substantial company with not just an exploration portfolio but a sizeable production one as well that gives off substantial cash flow. This is another step in the process of Touchstone being a full cycle, highly regarded E&P company in the true sense of the words. ”

All good but I have noted that he has a habit of saying what folk want to hear. His views are seldom reflected in companies share prices!

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Trek

Can’t find it now, was reading through the RNS’s other day. Anyways they have said they may buy more in the finals. Now would be a good price!

I had a buy order unexpectedly filled today. Sp looked to be recovering recently no idea why drop today.

Forward yield of 5,7% now, paid quarterly.Rate rises will help as will recent volatility.

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Trek

‘ MD - Warren Buffet says people who jump in and out of shares chasing rainbows end up one of the 83% who lose on the stock market - if needs be only keep one position.’

Perhaps he did say that. But people forget that WB wouldn’t touch any of these small cap stocks with a barge pole! The many charts are a testament to that or DDDD recently.

He is so often quoted out of context.

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Trek

Surprised you took some out today Temple.

Surely it’s a buy day…

Deal succeeds SP rerates to +130 and more longer term

Deal fails, less pull on cash chance of higher dividend, alternative accretion and or damages. Sp rises.

In the interim looking likely that Putin will use the maintenance outage as an opportunity to safely shut down Nordstream indefinitely… SP rises

POO battling reduced supply v reduced recessionary demand and China lockdown, which incidentally I think are deliberately overplayed to drive inflation = civil unrest in West. POO trades around 100. SP rises.

Then factor in ops output and new pipe . SP rises

That’s how I read it through my rose tinted atm. Interested in contrarian views.

I may grab a few more when I get back later today.

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Trek

And if it doesn’t go through. Surely SEPL would have a case for claiming damages/costs incurred having shown their hand.

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Trek

I posted an email reply from ii there.

There is no withholding tax to pay. W8ben-e form.

Mine are in an isa.

I think the withholding tax was 15% from memory. Not sure of other taxes but was happy factoring that into 12% forward yield atm.

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Trek

63s or lower are sells (not buys) 64’s or higher are buys.

Just did some dummy trades on 1m.

Would rather have been buying with that tight spread. I couldn’t sell income and the sensible thing was to take some off a top heavy position. Lost around £500 on those buys! But that’s how it goes!

Well worth the ‘good books’ though!

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Trek

Got a nice profit from selling 120-130 range but bought back too early.

Still took the opportunity to Average down in 90’s.

Nice to see sp at 100p again.

Happy to sit now and take the income.

Hopefully job done here.

Have also bought DEC, for income. Don’t expect much capital gain if anyone looking for high income play. Have posted over there. Quiet BB, bit like here.

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Trek

Forget who reminded me of it but I have backed DEC now. Thank you.

Flipped all my GLO into there now for income.

Got an average of 110 which is mid of its trading range. Posted some numbers there.

Thanks for the tip - I had written it off after that last drop and withholding tax is a pain but it non longer applies!

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Trek

17. ‘And not yet a women’

Gosh I’m getting old!

Trek

Don’t worry about the 2 x 1m sells that drop in. They are mine. Needed cash as had made a commitment. Nothing sinister. Kids!

Still have plenty invested.

Trek