Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Good luck everyone and well done to those who kept their nerve. I sold today, perhaps a mistake, but I've exceeded the profit I set myself on this share. I'm more than happy with what I've made, so trying not to get greedy and holding on for more and more, only to see it vanish. This has happened many times to me, so I've learned the hard way. I'm going to try my luck with another long term share I've been keeping my eye on, which is now looking very cheap. It's called: IQE. Looks very tempting. Take a look at the info below, if it is of any use. Good luck all. http://uk.advfn.com/p.php?pid=chartscreenshotshow&u=og34C3uqRHQi3AQ58OrpKe8+n1bVwIB3GLtI1Tyu3fk=&symbol=L%5EKMR
Thought you had disappeared from this BB to pastures new? I'm still very bullish about this share, but unsure about the current price. Everything is looking good results wise, but the uneasy feeling I get is with the significant price rise coupled with shorted shares (shares on loan). Something is not quite right. I have been selling Thorntons shares as the price rose, i bought back in in the new year; releasing my final holding today. The price was too tempting. Please don't ask me for a re-entry price, because I simply don't know where this is going now. But I will be dabbling again at a future date if an opportunity presents itself. GL
I have indeed been following this share for some years. I don't think we will see any significant movement until the next RNS in May. This will probably (my opinion) track between 55p to 60p, until further news is released. The big rise will be on dividend news. Don't forget that the stock market is at an all time high, so the current SP may be flattered by this fact.
The Third Quarter trading update, covering Easter and Mother's Day is Due, I think, on Thur 2 May. This will be one to watch! Hopefully we will see a dividend soon? I agree with previous posters - I too think the SP will bounce around 55p.
Strong results out today. Recovery well on track. 50p will be broken next, then further rises post Easter. As soon as the dividend returns I can see us approaching 75p to £1 ..... Headlines: Sales up 3%, EPS up from 0.9p to 4.9p. profit up 70%. chairman bought a third of a million shares today at full price - 47p. Good luck all
All indicators looking good - cocoa on its way down again, results out in two weeks. I think the SP could test the 50p mark this time; perhaps more if a token dividend is restored. GLA
Investec raises price target on Thorntons from 30p to 45p with a hold rating.
I'm back in at this price, and on the last trading update. I didn't expect the numbers to be as that good - sales 5.4% up! I was thinking 1% possibly 2% at a push. I couldn't resist. Half year results due in Feb. will we see a token dividend restored?
I'm not worried about the fiscal cliff event just gone, but the big fiscal cliff looming next month - where the debt limit for the US may be breached if its not raised by congress and senate. Also the FTSE is at an all time high, which is never the best time to hold stock - sell on a high, buy on a fall. That's why I have sold this and all my other stocks. I'm completely holding cash now. As for this share, I've decided to take a very healthy profit and treat my family to a great Xmas - to many times I have held on and held on, hoping to gain a bit more, then only to see my profit wiped out. I wish everyone every success with this share, and hope they get the return they are looking for. Just remember don't get greedy!
Cashed in my Thorntons shares today; taking profit. I have been following this share for quite a while and still think there is some serious upside +50p easily. My reason for jumping ship is the looming fiscal cliff 'crisis' in the US. Too much uncertainty for me. I will be back. http://www.telegraph.co.uk/finance/economics/9759935/Markets-stumble-as-fiscal-cliff-vote-axed.html
This share is still looking strong, with further potential upside. Still waiting for results in December, although a number of posters have raised doubt that we may not see anything until Jan 13. Either way still one to keep hold on - with a potential to pass 50p if trading is good. As for hotel Chocolate, suggest you check their accounts at companies house, before people start to worry about potential competition. http://wck2.companieshouse.gov.uk//wcframe?name=accessCompanyInfo In my opinion, not a threat at all.
The number of shares out on loan i.e shorted, has fallen by almost 21% this week (data explorers). I'm assuming this is what is driving the price up at present. In that case, I would suggest there is further upside to this stock in the coming weeks/months since Shorters closing their position would suggest that good results are anticipated.
You will notice that the vast majority of sells yesterday were stop-losses, due to the price being temporary forced down, before recovering. Was this intentional or not - who knows? Update due out in a couple of weeks, then a further update in Jan. This is getting interesting.
Looks like it was a shorter's 'flash-crash' today, (see data explorers). Probably some trader with fat fingers who opened and then immediately closed a position, causing a few stop losses to trigger in the process. It recovered immediately after. Still looking pretty solid to me. Good luck.
Are we seeing the green shoots of a pre-Xmas breakout? Looks like a market maker is acquiring shares. Should show as a delayed buy over the next few days!
Cocoa prices are at $2,516 per tonne. You will see from the graph that the price is dropping again. http://www.indexmundi.com/commodities/?commodity=cocoa-beans Also read this report, suggesting a limited upside potential on futures. http://www.agrimoney.com/news/marex-cautious-on-cocoa-prices-despite-ic-unease--5218.html As for the trading statements, Thorntons have been actively making updates every couple of months, ever since the the crash and subsequent recovery. Since Christmas is the single biggest period of scrutiny, I think this will follow the trading update cycle of the past 12 month. Indeed, if you check the Thorntons Financial calendar on their web site, a number of updates provided this year were missing from their calendar. As QueenElvis rightly pointed out, when I was out by a few days on a number of occasions.
Cocoa prices are on their way down again. Thorntons are not discounting this year - so are going for profit....... And the Store at the Trafford centre in Manchester was absolutely packed out today, they had completely sold out of the Thornton continental advent calendars! I've been topping up over the last month on weakness. Interims are due out in just over three weeks. Check out the 12 month graph, it's not rocket science to see what's going to happen. Good luck everyone.
Trading update in just over 5 weeks (around the 3rd week of Dec). I think we will see a slow rise starting in about 3 weeks from now, similar to the past 3 occasions. Fill your boots at this price - price target is currently at 30p. Next update will be the big one to watch. My estimate is above 40p after this RNS.
I'm topping up every time the SP dips sub 31p.
Next trading update in 8 weeks will be the big one to watch. I think we are seeing signs of a breakout already! I truly believe that this will be circa 40p to 50p in the run up to this date and beyond, based on the last RNS and an emergence from the recent double dip recession. Cocoa prices are also on their way down again.... Down 11% in just under two months. Futures are also trending down. Excellent news for Thorntons bottom line.