Member Info for twirl

Thanks silverblade - I concur with your estimates.
Those shares where I have had success have been consolidaters such as Northern Leisure in the 90's and Ashtead in the noughties so that is the attraction here coupled with a solid track record from sound management.

No news likely until next year while Nordalk digestion takes place, investor boredom, general quiet uk market, Poland and them darned ruskies, placing investors who are terrified of a paper loss?

Who knows?

slp is a traders share. No news imminent so sell it down to 90p - according to the chart.

The sort of "we can fix it by using hydrogen" bxll**** will be used by society desperate to cling to the unsustainable way of life that we have experienced over the last 60 years or so. Of course there has been a massive deterioration with internet shopping and globalisation that have accelerated the problem of global warming.
Lets stop calling it global warming that implies we will have a lovely riviera climate in the uk and call it mass overcrowding and starvation. Perhaps only then will politicians listen.
Hydrogen is seen by JCB as preferable to electric vehicles as it more closely mirrors the use of diesel and it helps marketting their product. However the hydrogen is made by electrolysis - splitting water using electricity and it becomes green when they say the electricity comes from renewable sources. It is debatable just how sustainable those renewable sources of electricity actually are when scaled up for world demand. The article states that JCB alone will use 10% of the whole production from FFI.
So if anyone thinks that world use of oil is in decline and we will avoid the catastrophe of global warming they will be dissapointed - or dead.
How can Boris be credible at COP26 when fuel duty has been frozen for a decade and home insulation funding has been cut.
As for SLP our PGMs will still be required well beyond 2030 as the ICE continues to pollute the world with CO2.

Over the period of 3 days spanning the trading statement Blackrock have bought approx 1.5% of SRC or £10m worth of shares yet the sp has declined over this period and the trading volumes have been less than £6m.

Not sure how this is achieved but maybe some posters have been closely involved with market makers and might explain.

Nevertheless there seem to be 2 conclusions

1 Blackrock is really keen on SRC
2 The mm's are encouraging weak holders to sell to supply Blackrock until the order is satisfied.

Coupled with the trading statement I consider the target of 125p by Liberium to be very modest.

Looks like it was Blackrock increasing their holding.

The deal with Marshalls was featured in the Daily Mail today.

Ta artrader

artrader>> Do the Board have authority to buyback.

SLP doesn't need to "grow" to maintain last years production as the tailings are already there. Also bear in mind that covid and mine closures have affected production this year.
Also a recovery in the Rh price will support profit.

Clearly slp is subject to a shorting operation probably initiated by the last years rise and recent drop in Rh price and confirmed by the appearance of derampers on BB's.

IMHO nothing has changed from the positive environment a month ago. The reasons for the fall such as riots are spurious wrt slp. Rather like the lazy journos who have to have an explanation for everything.

The company will announce record breaking profits at the end of this month. ST of IC will ramp it as will Liberium.

Lets hope before then the company will announce a share buyback or something similar to burn the shorters.

In the meantime my approach is to hold and maybe buy when I think the shorters have finished - maybe early next week?

Chatmandu>> Your view that slp sp drop is caused by the troubles in other parts of SA needs to answer the fact that other companies such as THS have not fallen to the same extent. Otherwise its not really a credible argument is it - more like the sort of crap from a lazy journo.

BigPlan>> Let boredom be your enemy.

ST IC article where he set a 200p target referred to a Rh price of £21k US$.

have stopped taking long bets as of today, having been open for the last few weeks, although closed for months before.
IG stopped trading slp months ago.

Hi stoodio. What was the average price of Rh and the basket in Q3 and what is the estimated basket price for Q4 so far.

Joekenny>> are these statements inconsistent?

"Don't even bother profit taking these days, used to take my 10% but now I find its easier to find a stock with a healthy incline and stick with it... CRL is profitable and expected to make acquisitions.. this will only continue upwards until at least mid 2022"
"Nevertheless I sold here at a profit when it hit 94p, so looking for another buy in opp."

AP-Invest <>
Lol

ST of IC target price was 180p based on Q2 - maybe update next week.

No.
But it seemed a bit toppy to me so I took profit to be back later.