Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Thats what I thought, it is good to be sensible now and then! It is funny reading the rest of your post as that is exactly what I have been doing in recent weeks. I actually had a bit of an autumn clean last week and sold some shares and topped up on some of my own more promising shares as well as obviously buying into some new companies. I decided that a smaller portifolio allowed me to top up or buy into shares that I really felt were going to take off and allowed me to get rid of deadweights like PVCS who I didnt think were going anywhere in the forseeable future. Before this I think that I was spread too thinly and couldnt always react, without selling at a loss which I am reluctant to do, when I saw an obvious topping up opportunity. I would say my top shares are CFM, EME, DWY and CHAR and I am very comfortable with my averages in all of these. On Friday I got into TMP and VRP which I think may be about to take off and will try to increase my holdings if the price is right.
I decided to top slice the top up (If that makes sense!) that I had made on Tuesday at 5.50p by selling some on Friday at 7.29p. In a few days I managed to increase my original holding for free by over 25% and lower my average to about 4.70p. I am going to let these run and run and will look to keep topping up and top slicing on any weakness. It may have been the wrong thing to do but I have still got 25% extra shares and I desperately wanted to buy into VRP and this was the only way that I could do it.
I am now out of this today after finally losing patience. At least I made a gain of a few, and I mean that literally, pounds haha. I like this share and this company and plan to buy back in if I can in the future. There are just too many good opportunities out there at the moment which I need these funds for and I am sick of them being tied up in here .
There have been a lot of buys today and the share continues to rise. Hopefully Riddler is right about this rising to 9.5p before it meets resistance (It certainly looks that way so far)
This seems to be picking up and hopefully it can begin to test 90p again.
I bought some more of these today after the recent fall. It is only a matter of time before these start to rise again imo. When they was at this level at the start of August it was only a couple of days before they were back to near 60p.
Well done. Where you topping up as well or buying in for the first time? Although I have held for a while I have not posted on this particular board before today, although I do look from time to time. This is mainly because it is a long term hold for me and with a lack of any real news have not felt the need to do so. However now that it is one of my larger holdings that may now change!
Yeah I do, it just doesnt happen often enough! (not to me anyway) ATB
I really like this share and have been in a while. I have been wanting to top up for the last week, as it seemed so low, but I just didnt have the funds to do so. I therefore decided to sell my shares in Sound Oil this morning, which I didnt really want to do but I needed the funds, so that I could top up here and got in at 5.50p. I was fairly shocked when I got home and seen the rise since. I would have been kicking myself if I hadnt have topped up before this rise.
The trouble is whenever it gets to this level sellers seem to appear.
Finally this share is beginning to show a bit of life again! I am so confident in this share and that is why I bought it at 62p a couple of months ago. Indeed I would have topped up, and really wanted to, at sub 50 in the last week but have all my money tied up so couldnt.
Why the big fall today?
There have been absolutely loads of buys today in comparison to sells and I am surprised the SP is not higher than this already. This is definately getting ready to take off in my opinion.
Up 12.50% now
This is looking good so far!
Thanks for the informative post. What is the management fee for? I presume UCP have to pay it to Nectrus in the first place or is that incorrect. Are Nectrus the parent company as well?
Yeah I have been looking on there too. It seems like a good board although I am not registered on iii. I didnt realise that is who Nectrus where, sounds good. Thanks for the answer.
Can anyone tell me why Nectrus makes buys shares each quarter to shore up the share price? Who are they and why do they do it? I have been looking but cant find out why. Thanks in advance.
Just bought into these as they seem ready to take off!
I am surprised the SP has gone up today with the RI that has been announced. I would have thought the SP would have gone down...