Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Wetland you are right, but lots of people invested in Carillion for the same reason and look what happened to them.
Maybe DorsetAngloGreek (see below) would see now as the time to make his second ever post and let us all know how much he has made on the latest price rise since he sold. I badly need his advice as a long term and previously pretty happy investor with a substantial holding (but of course nowhere near his).
Duh it�s all over the business news pages. How come people have the internet at their fingertips and still feel the need to ask dumb questions here?
I�m not so sure. One frock doesn�t make a summer. I have been a m&s regular for years but now not so often. The pants are uncomfortable, formal shirts are unimaginative and the quality of the higher end �italian� style clothes is very poor and I�ve stopped buying pretty much everything except one style of up market pants. Buying trousers is a nightmare because the rails are stuffed to overflowing and my size is frequently not there. I like the food, but it�s a bit samey and once the novelty has worn off, I go back to making my own lunches. So I have migrated somewhat to Debenhams, where the clothes are similar but better if you ignore their weird branding system. It�s not an exciting place to shop but m&s had better watch out. The competition is improving. BTW I don�t have Debenhams in my pf (or m&s), but I am watching both.
Good question Jimbo. If you stumble upon an answer, can a you let me know before you let everyone else know? Sirius SP doesn�t relate to current trading but to future prospects so is likely to be immune to some extent from general market malaise. Nonetheless, fear and uncertainty bring more fear and more uncertainty so Sirius will not escape as people take profits and revert to cash in order to buy elsewhere on dips. That�s what I would do anyway. Having said that, I don�t think a big correction is imminent. Oil, world peace, economic stability are all looking ok and even trump is acting like less of a Cee You Next Tuesday than previously. My main concern is the unwinding of QE, which will place a burden on markets. We will see. For the moment I will stick with Sirius but am always alert and have done a wee bit of trading over the last three weeks and although it went well, I am nervous about doing it.
Dunno. Why do some people complain about every little thing that doesn�t fit their idea of a perfect world. It�s a mystery.
Looking at the trades, it is nearly all driven by small PI deals and that concerns me. The market will be happy to take these folks money before dropping the price and watching them all sell out of fear. This bubble, as nice as it has seemed, may be a fragile thing. Just sayin.
Several large buys after hours. Not sure what it means but someone has faith it seems, buying that much at a year high SP,
Brad that is probably the most offensive and dumb thing that will be said on this board all day. Despite some inevitable and serious competition.
Yep. The recent rise has happened on no news and probably due to sentiment and institutional buying, though who knows for sure. It�s a castle built on sand, not that I�m complaining. The current rise definitely looks more sustainable than previous short term jumps similarly based on nothing. I remain cautious, but at the same time, optimistic about this unique project. I am a bit more overweight in SXX than I feel entirely comfortable with, but that will hopefully ease on holiday somewhere hot in 2021 or thereabouts.
I've just ordered a Veyron on the strength of the maths. Thanks everyone for your wisdom and insight. Sorry if I ever thought you�re all just a bunch of to$$ers.
Yeah duh obviously. I was just about to say that.
But the civil servants and under-secretaries etc who are the people actually making the decisions and advising the ministers have �flown the plane� before, so we can take some comfort from that. God help us all if Boris or lunatic Corbyn were ever to actually get their hands on the joystic for real.
Global economy is sound. Brexit will be made to work. Drug pipeline is OK. Sales of toothpaste etc will hold up whatever the economy. No Pfizer�s or other money pits to buy. Dividend very probably safer than a fortnight ago. Advair safe for a bit longer. Research costs trimmed by new CEO. Sure the SP is the same as it was 6 years ago which is fairly shy te, but all in all, not too much to worry about. The wheels are highly unlikely to fall off the capitalist machine in the next few years so keep yer cash handy and buy on weakness. You are welcome.
I spend a fair amount of time in Australia and shop in clothes and food stores not a million miles different from M&S and they are just better. The clothes are more appealing visually, the stores are better laid out and it�s eaier to find your size etc. The food stores sell better food. Folks rave about m&s food but it�s mostly pretty unhealthy, overpriced and you are beaten to death by 3 for 2 offfers which are the WH Smith way of flogging you stuff you don�t want. It ain�t great. The lunchtime sandwich isle is great but probably comprises about 2%of total sales. The shares are as cheap now as they have ever been and the div seems good and possibly sustainable at least in the short term. But I�m still not tempted. Wholesale reform of this business is needed and no one seems able to do it. Debenhams is the same. C&A have already gone. Maybe the John Lewis results are just the writing on the wall going upmarket a bit.
In smug mode here regarding Woodford. I sold almost my entire holding in April 2017 to buy a property. At the same time, I also stopped paying into the fund in favour of Lindsell Train. I take little credit for the decision but it turned out to be pretty astute. At the time, The Woodford unit price was at its highest. I�m still in,the Woodford car crash but only just.