The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Been a really interesting week at GGP- when I sold my first tranch at 20p ( I had the tranch for nearly 17 months), my aim was to sell the 2nd tranch at 25p which it hit 2 days ago & I rightly did- still have 1 more tranch which I’m leaving for another 18 months ( whatever the price is I’ll accept it at that time). However upon selling the 2nd tranch within minutes I noticed the SP & it wasn’t the way people were top slicing but something really fishy & I couldn’t put my finger on it ..so contemplating last night on what to do with my 2nd tranch of funds there wasn’t many options left in the current volatile market- I waited patiently & bought on the dip ( saved myself 2.71p a share & bought more volume compared to my previous selling price). Very pleased to see it hit 27p on the close as it’s caused me mayhem on when to exit on this trade.
There are a lot of fresh names around here and I’m worried this is getting pumped With people ‘bored at home money’ reminds me of the days of fitbug - a share which collapsed after reaching 26p )so all new investors, before posting do your research ie check out paddygals or schmicels’s posts before posting
Just sold my first tranch of shares since holding them at 2.1p ...feel relieved to hit 20p as I was expecting this happen next year not 9months into the year
Got 4 more tranches left, will let the next one go at 25p...it’s been a good year investing :)
Just read an article in the FT now saying there’s been a lot of consolidation in the gold market regarding M&A , it also mentioned the following in regards to Rio tinto
While Anglo-Australian miner Rio Tinto has a “watching brief” on M&A, its chief executive Jean-Sébastien Jacques said it was difficult to make decisions while “fundamentals are shifting”.
With the sale of the Thailand arm in process, do you think we'll get a special dividend?
I thought spread betting doesn't have a direct impact on the volume of shares being traded due to their characteristics of tracking an asset (like an index fund)….
Off-topic from what's happening here regarding the price (before anyone bites my head off, I'm a LTH investor, been here since 0.8p & topped up numerous times over the last few months)- I've been trying to track the number of trades per day..so we're averaging around 2,000 a day for the last few weeks but looking into the trades I would say around 10-15% of those trades have shares less than 100units. I'm assuming for bigger institutions to be invested in here (or new investors) they need liquidity & 1 way of seeing that is looking at the number of trades per day...my point is, is someone artificially bumping the number of trades here to entice more funds/institutions to invest here? (putting the fundamentals on to 1 side as they are really good) or are institutions communicating with each other with these small amount of shares?
I don't think the market has fully factored in the information from today...yes it has been building up since the beginning of the new year in anticipation of the news but the market still overlooking the vast amount we have ...but the analysts who cover Newcrest (& our competitors) will want to know more about GGP which in turn will lead to an inflow of new money for the other assets we hold. If you can hold onto your shares for the long haul, the next 6 - 18- months, you will be rewarded handsomely ( I made the mistake of selling 1 of my tranches at 1.97p a few days ago but still made a decent profit)
With the market cap surpassing £100m, would GGP be potentially getting more inflows of investment from institutional investors?
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Another day, another gold deal. This time it is one of China’s biggest mining companies swooping with a $1bn cash offer for Canada’s Continental Gold. Zijin Mining said the deal would increase its gold reserves and boost production.“The completion of the acquisition can raise the Company’s gold resources reserve volume to over 2 thousand tonnes and increase the production volume of mine-produced gold by approximately 20 per cent,” it said in a statement.Continental’s main asset is the Buritica gold project in Colombia which is due to start production next year. Under the deal, Zijin is offering C$5.50 a share in cash, a premium to Friday’s close price of C$4.87. Newmont Mining, which holds a 19.9 per cent stake in Continental, said it will back the deal.Zijin’s offer for Continental marks the latest deal in the gold sector. Last month, Canada’s Kirkland Lake Gold launched $3.7bn all-share offer for rival Detour Gold.Bankers have predicted Chinese companies would look to join the consolidation of the sector given the strategic importance of gold to Beijing.
MM's playing games with the prices - 2 of my buys are going through as sells
As long as Tui don't increase headcount to meet the 'short term' demand then they will increase profits but saying that I'm sure they will, meaning their profit for next year will be marginal
One question comes to mind, what's going to happen to TCG's planes? will TUI make an offer to buy them as they are the successful part of the business
I bought these through HSBC at 0.573...checked the trades and it still hasn't come through
My big buy hasn't gone through yet :(
Lookout for 1.9million shares
i think the govt have to look at the bigger picture here where thousands of third party companies would go bust or shrink heavily if CLLN went into administration hence a bigger strain on the social budget which is already crippling. I think the govt should buy CLLN on that basis - hold the board/directors accountable - lock them into an employment contract of 5-10yrs, drop their salary to �1m for that time period- if they leave before that period they have to pay a �30m release clause(make them work for their money). Sell the lose making contracts/sectors...finish the current contracts while venturing to gain new contracts in the private sector then sale the business back to the private sector for a 25% profit - not what they are currently doing to the banks or did with Royal Mail. Post Brexit will allow CLLN to prosper under the govt navigation hence higher re-sale value. what do you think?
2 hours that will save you a lot of money and hassle - start from 30mins https://www.youtube.com/watch?v=L7G0OfJUON8
2 hours that will save you a lot of money and hassle - start from 30mins https://www.youtube.com/watch?v=L7G0OfJUON8
I've been in this share for the last 4 months, more of a long term holder after a report I saw on Bloomberg...so your assumption of me being a shorter has been burnt! Investec should realise the marketing for Domino's has gone down significantly this year - So that should have an impact on the P/L...the summer tends to be a slow down especially with a lack of Big sporting events....Also with a weaker currency their group profits is marginally higher..again Investec needs a bit more specifics on the bigger picture. Oh well..dead cat bounce by tomorrow midday ;)
So when analysts have been saying the price should be 350-400 nothing happens, but when investec of all places provide their opinion the share drops 6%. Can someone tell investec- they need better analysts to do their research & provide info of how many targets they have successfully achieved in the last 12 months - not a lot from my understanding!!
Currently based in Birmingham...If you order one this weekend, they may not come to your door :(
I ordered a couple of pizza's yesterday and the driver wasn't allowed to enter any building, he mentioned there was a policy change due to a stabbing....my guess is that policy change might hurt sales in the short term if the driver doesn't deliver the pizza to 'your door'