Instagram



Sohail Speaks Yasir's Blog Fazeer's Focus

User Tag List

Page 4 of 82 FirstFirst ... 234561454 ... LastLast

Thread: Buying shares?

Results 241 to 320 of 6530
  1. #241
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    bought a bit more SHE Sheba Exploration today 50k @ 2.5p

    NYO had good gold grades from their Ethiopian project yesterday and this seems to be becoming a hot area

    http://fool.uk-wire.com/Article.aspx...2090839246553X

    and SHE seems to have a decent sized licence with lots of prospectivity

    http://fool.uk-wire.com/Article.aspx...330070002M6302


    NYO - Nyota has a market cap of £120m now
    SHE - Sheba has a market cap of just £2.5m

  2. #242
    Debut
    Jan 2010
    Runs
    8,099
    Mentioned
    10 Post(s)
    Tagged
    0 Thread(s)
    Things getting interesting with troubled Regal Petroleum..... Bought in a small holding last week when news talks of takeover started.... Takeover well over the current SP is being talked out., maybe around 40-70p?

  3. #243
    Debut
    Mar 2009
    Runs
    291
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Anyone got any holding in Tower Resources?

    Drilling to commence next year.


    Hated, adored, but never ignored

  4. #244
    Debut
    Jan 2010
    Runs
    8,099
    Mentioned
    10 Post(s)
    Tagged
    0 Thread(s)
    Regal Pet..... offer of 24p on table... I am out of the stock

  5. #245
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    RPT - I'd be pretty happy to get out if I was you. Was at a conference this week where fellow Ukrainian operator CAD recounted what passes for normal daily interaction with Ukrainian tax or government officials. Doesn't sound much better than Pak.

    TRP - am in that. The potential upside is huge if they are successful.100-130p so given the probability of success is 10% so I expect it to trade 10-13p

  6. #246
    Debut
    Mar 2009
    Runs
    291
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    What's the reason for the xel drop?


    Hated, adored, but never ignored

  7. #247
    Debut
    Aug 2007
    Runs
    1,868
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    The price has retraced on XEL because of delays in the flow test results.

    As pia786 says, the result of that test is virtually as **** or bust as AIM gets.


    We're on the road to nowhere...

  8. #248
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    XEL is no ordinary oil company it is trying to find and flow 'heavy' oil. It is highly viscous. Even if they find a significant amount of oil (highly likely) they may still fail badly if the oil does not flow in sufficient quantity (likely) or be otherwise uncommercial (very possible) to get out. Much of the investment case is supported by government subsidy, i don't think the executives of oil companies being enriched by public money is going to go down very well even if they are 'successful'. I would steer well clear personally.

  9. #249
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    SHE Sheba Exploration

    remains a very minor percentage of my portfolio but certainly the most exciting

    i mentioned it here at 1.00/1.25 and now a few weeks later it is 2.70/3.20

    http://www.plusquoted.com/quote?code=SHE

    still very likely they will do a dilutive placing/fundraising at some point but i have built a 250k position (almost 0.25% of the company (pre-dilution)) with intention of buying more once the placing/fundraising is out of the way

    the key thing is NYO Nyota Minerals has been a very good stock and is valued at £130m now and keeps coming out with good gold drilling grades in Ethiopia so I reckon investors will be receptive to the 'next Ethiopian gold story' which is most likely £24m STI Stratex International but after that the next best thing is £3m Sheba IMO

    it will require very few of the NYO shareholders switching some of their NYO winnings into SHE for SHE to get bid up quite significantly
    Last edited by pia786; 13th December 2010 at 14:33.

  10. #250
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Interesting discussion...

    BPC vs DPL

    The F.D. of Dominion even pitches in as well although only to defend his compensation package

    http://boards.fool.co.uk/comparing-d...spx?sort=whole

  11. #251
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Looks like Sheba is starting to get some recognition in The City...

    Our market favourite Nyota Minerals (see below) was up another remarkable 26% to 29p last week, and now
    has a stablemate. Whilst Nyota’s Ethiopian gold prospect is shaping up well, it is now joined by Sheba
    Exploration
    (SHELUS 2.65p; Hi-Lo 2.65-.20p) which has been granted an exclusive exploration licence (EEL)
    in the north of the country. The targets are gold and copper. This can but benefit a fledgling mining country, but
    a lick of paint would do Addis Ababa no harm.


    http://www.minesite.com/fileadmin/co...n%20Mining.pdf

  12. #252
    Debut
    Mar 2009
    Runs
    291
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by pia786 View Post
    Interesting discussion...

    BPC vs DPL

    The F.D. of Dominion even pitches in as well although only to defend his compensation package

    http://boards.fool.co.uk/comparing-d...spx?sort=whole
    Good link, thanks for posting.


    Hated, adored, but never ignored

  13. #253
    Debut
    Jan 2010
    Runs
    8,099
    Mentioned
    10 Post(s)
    Tagged
    0 Thread(s)
    Anyone interested in Uranium miners? Nuclear energy is back in fashion and price of uranium rising on the back of that...

  14. #254
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    some small cap uranium miners i look at

    Niger Uranium (AIM:URU)

    and

    Aura Energy (ASX:AEE)

    very few decent sized quality actual miners on UK market mostly explorers or development stage (KAH,FTE etc)

  15. #255
    Debut
    Aug 2007
    Runs
    1,868
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Interims from SXX today. Nothing new in there, but positive all the same.

    SXX has a habit of using interims as a precursor for good news, and 70%+ of its RNS's are announced on a Friday...


    We're on the road to nowhere...

  16. #256
    Debut
    Aug 2007
    Runs
    1,868
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    SXX appoint formner Fortescue director, Russell Scrimshaw, as non-exec today.

    Thats two of SXX board from Fortescue now. What bet that Andrew Forest becomes the new CEO? Still remote, but growing by the day....


    We're on the road to nowhere...

  17. #257
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Impreesive

  18. #258
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    From Tom Bulford (RHPS) weekly email tonight :-

    SIRIUS EXPLORATION (SXX): In its interim results statement Sirius has drawn attention to the growing importance of potash as the world’s growing population seeks to feed itself. According to major producer Canada’s Potash Corporation:

    ‘global potash production between now and 2015 will only just be able to keep pace with demand if it increases at only a 3.5% compound average growth rate.’

    Sirius now has large license areas in Australia, where it has signed a Memorandum of Understanding with Sino-Agri Mining Industry Company Limited. Drilling got under way in North Dakota on November 9th. Food and farming will be an important investment theme over the next few years and Sirius is well placed to benefit. HOLD

  19. #259
    Debut
    Mar 2009
    Runs
    291
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Anyone got any firestone?

    agm coming up this week Thursday.


    Hated, adored, but never ignored

  20. #260
    Debut
    Aug 2007
    Runs
    1,868
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Ive been FDI for a few months. Due a re-rating from the market (double at least), but management seems to have lost pi confidence.

    Institutionals hold more than half of share capital. which also gives me confidence for a long-term hold.


    We're on the road to nowhere...

  21. #261
    Debut
    Aug 2007
    Runs
    1,868
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    XEL - the dream RNS!

    Watch the SP double this morning. Worth getting in, even this morning IMO.


    We're on the road to nowhere...

  22. #262
    Debut
    May 2007
    Venue
    United Kingdom
    Runs
    6,862
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Still a great opportunity IMO.. Should have bought more at 2.50 - but as mentioned before its not available on my Hsbc dealing account so never really seem to try as hard. Great opp at 2.20 last week.

    Jaspa what do you think about price target on this.. Hearing up to £10?


    Up Up and Away..

  23. #263
    Debut
    Jan 2010
    Runs
    8,099
    Mentioned
    10 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by dblock View Post
    Still a great opportunity IMO.. Should have bought more at 2.50 - but as mentioned before its not available on my Hsbc dealing account so never really seem to try as hard. Great opp at 2.20 last week.

    Jaspa what do you think about price target on this.. Hearing up to £10?
    Yeh likewise, never got into because its not available on HSBC ...

    Jaspa... whats with PXS? Do you reckon DSM will take over the company altogether at a much discounted SP.

  24. #264
    Debut
    May 2007
    Venue
    United Kingdom
    Runs
    6,862
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Eagle_Eye View Post
    Yeh likewise, never got into because its not available on HSBC ...

    Jaspa... whats with PXS? Do you reckon DSM will take over the company altogether at a much discounted SP.
    No I got in at 2.50 - just not very big.


    Up Up and Away..

  25. #265
    Debut
    Jan 2010
    Runs
    8,099
    Mentioned
    10 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by dblock View Post
    No I got in at 2.50 - just not very big.
    Oh good good...Nice day today then.

    I went with leveraged silver etf instead.

  26. #266
    Debut
    Aug 2007
    Runs
    1,868
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by dblock View Post
    Still a great opportunity IMO.. Should have bought more at 2.50 - but as mentioned before its not available on my Hsbc dealing account so never really seem to try as hard. Great opp at 2.20 last week.

    Jaspa what do you think about price target on this.. Hearing up to £10?
    Some big profit taking this morning, but this was posted this morning to give an indication of upside...

    http://boards.fool.co.uk/xcite-xel-w...-12129200.aspx

    I expect XEL to be taken over before the £10 mark, but it is still a great opportunity to double your money over the next two months. As unrisked an AIM share that is out there at the moment, IMO.

    I sold at 399 this morning, and bought back in at 398 via a share ISA as this will definitely go up IMO.


    We're on the road to nowhere...

  27. #267
    Debut
    Aug 2007
    Runs
    1,868
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Eagle_Eye View Post
    Jaspa... whats with PXS? Do you reckon DSM will take over the company altogether at a much discounted SP.
    Takeover is always the risk with a small cap.

    The only thing that would prevent PXS being sold for less is the unusually large number of pi's that hold the stock. Many are in at much higher prices than current SP, so would resist any target SP less than 15p.


    We're on the road to nowhere...

  28. #268
    Debut
    May 2007
    Venue
    United Kingdom
    Runs
    6,862
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    I can't buy in an ISA as I already have a Hsbc one but that's a good idea.. Definitely a cgt worry if you plan to hold this for long.

    As this is dual listed there isn't stamp duty to pay..but that almost seems irrelevant. Topped up at 3.90.


    Up Up and Away..

  29. #269
    Debut
    Aug 2007
    Runs
    1,868
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by dblock View Post
    I can't buy in an ISA as I already have a Hsbc one but that's a good idea.. Definitely a cgt worry if you plan to hold this for long.
    You got a cash ISA, share ISA or both?


    We're on the road to nowhere...

  30. #270
    Debut
    May 2007
    Venue
    United Kingdom
    Runs
    6,862
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by jaspa888 View Post
    You got a cash ISA, share ISA or both?
    Both..


    Up Up and Away..

  31. #271
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    There was a lot of expectation built into the XEL share price.

    One of the oldest adages in the market is 'it is better to travel than arrive' or 'buy the dream sell the reality'

    At the end of the day whilst they and the brokers are presenting it as a success it remains a long term development project which will require funding and further appraisal before development.

    You can now though buy with the comfort of knowing it is no longer completely binary and you can do so at 400p with more confidence than you ever could at 200-300p IMO

  32. #272
    Debut
    Aug 2007
    Runs
    1,868
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    100% agree with that sentiment.

    GKP looking good for a big rise tomorrow.


    We're on the road to nowhere...

  33. #273
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    It is coming up to new year tip season

    I think gold will feature heavily in the tipsters tips as some of the best performing stocks this year have been gold plays CNR up 1500% and RRR to name a couple

    I expect MVC Medavinci (but changing its name to Orogen Gold) to get tipped although seems to be going vertical so mind your eye on that.

    It has a sister company called Reservoir Capital (TSX:REO) in Canada which is getting tipped by one of the top tipsters in Canada right now (Byron King?).

  34. #274
    Debut
    Jan 2010
    Runs
    8,099
    Mentioned
    10 Post(s)
    Tagged
    0 Thread(s)
    How about BMR? If they can get their licenses sorted in early 2011.

  35. #275
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    BMR have played it myself but it's bit of a 'crowded trade' and unfortunately most of the crowd are retail punters. It helps a stock to have some good long term stable Institutional holders who will sell to dampen spikes etc and they are better able to assess real value rather than believe some b.s. written by anonymous denizens of a BB
    Last edited by pia786; 22nd December 2010 at 09:23.

  36. #276
    Debut
    Aug 2010
    Venue
    Zero Point
    Runs
    5,692
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    I am Currently Doing some Online Marketing Stuff And my income level is good enough for my living & saving. To me Share business is profitable if you have proper knowledge about this. If you have confusions in this sector I would say don't go for Share Business then.


    !!! I PakPassin !!!

  37. #277
    Debut
    May 2007
    Venue
    United Kingdom
    Runs
    6,862
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by pia786 View Post
    It is coming up to new year tip season

    I think gold will feature heavily in the tipsters tips as some of the best performing stocks this year have been gold plays CNR up 1500% and RRR to name a couple

    I expect MVC Medavinci (but changing its name to Orogen Gold) to get tipped although seems to be going vertical so mind your eye on that.

    It has a sister company called Reservoir Capital (TSX:REO) in Canada which is getting tipped by one of the top tipsters in Canada right now (Byron King?).
    How much legs do you think silver left to go..? I've been in a few silver mining firms (now just the one) for the last 18 months and seen huge rise.. Silver price is at 30 year high. Not sure how much more value you can get out of it?

    Any views on uranium?


    Up Up and Away..

  38. #278
    Debut
    Aug 2007
    Runs
    1,868
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    pia786

    Any O&G plays for 2011?

    Some tips I have been told to further research are:

    EMED
    GAL
    INFA
    MIO
    NRRP
    RGM
    SKR
    TRP


    We're on the road to nowhere...

  39. #279
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    re Oil & Gas for 2011

    I look to manage risk/reward personally by trying to maximise reward potential and then try to manage my risk either through allocation of capital or researching the aspects that i can so i pick the best companies at the most value accretive part of their lifecycle. i.e. i look for 10 baggers or 100 baggers on the basis you only need one or two winners and it makes up for a load of users. That is probably not the sort of risk-profile many would or could live with.

    I am in TRP and BPC and I chose these after doing this basic analysis :-

    1. Big province/targets
    My top-down strategy is to look for the big new oil province stories that can attract investor (retail and Institutional interest) and media interest

    e.g. Falklands or offshore East Africa or Greenland etc

    from reward perspective i like to see a number of companies (large and small) targeting a province as one find from one company can have positive 'externalities' on others (e.g. in the Falklands BOR and ARG have not drilled but their shares did well because RKH found oil) also if a major or aspiring major is targetting a province it must indicate some big potential that the smaller companies can feed off or they can sell to other majors who are latecomers to the province

    2. Major buy in from experts/Majors
    I have no knowledge of the technical / geological aspects so i try to reduce the risk by leveraging off the research/due diligence of others

    So I not only like to see my oilers target huge new provinces I like to see buy in from majors or aspiring majors also joining in as to have made it up the list of prospects of a major it will have gone through numerous committees and thus tick a lot of positive boxes

    Two major news provinces I like the look of are Namibia and Bahamas/Cuba

    Both these provinces have had buy in from majors, in the case of Namibia it is seen geologically as a mirror image of the huge Brazil offshore fields and Petrobras have farmed into some Namibian acreage ; in the case of the Bahamas province and BPC, Statoil have farmed into the area and many Russian/Chinese companies are getting ready to drill on the Cuban side of the maritime border between Bahamas/Cuba ; finally the province is in the same basin as the Super Giant 35 Billion barrel Canterel field

    3. Timing
    Finally many oilers have great stories but there are times when you want to buy and times when you don't traditionally the best time to buy the small explorers is about 9-12 months before they drill as that is when the investment story gets told and you actually want to scale out before the drillbit actually hits the ground (e.g. Falklands)
    Another example of 'buy the dream sell the reality'


    If TRP hit oil in their province the stock should go to 100-130p so given it is a 1 in 10 chance of success I expect the shares currently 4p to trade around 10-13p just prior to drilling (expected late 2011/early 2012)

    If BPC hit oil in their province the stock could go to 500-1000p according to Goldmans research. So given the chance of success is 1 in 10 I'd expect the shares to go to 50-100p prior to drilling (late 2011/early 2012). This will be impacted beforehand though by the drilling about to commence in Cuban waters very soon.
    Last edited by pia786; 22nd December 2010 at 17:21.

  40. #280
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    re Silver the bulls would have it that it is going to the moon because 'unlike gold' it is used up in industrial uses and not just hoarded in storage vaults and so there is continual demand for more silver to be mined

    however the problem with the industrial demand argument for silver is that if the silver price spikes industrial users of silver will be forced and more likely to consider near substitutes or to increase research on potential substitutes or find ways of using less which could actually hurt the long term demand for silver

    not clever enough to work out which argument will win out so just play the trend and right now that does suggest being long leveraged plays on silver and gold

    re Uranium as long as the yanks/ruskies don't flood the market with weapon grade stuff from decommissioning weapons then the medium/long term demand/supply balance looks good as China and India are gonna build loads of new nuclear power stations and there are not many new mines coming on line whilst some of the major ones are now mining lower grade ores

  41. #281
    Debut
    Aug 2007
    Runs
    1,868
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by pia786 View Post
    re Oil & Gas for 2011

    I look to manage risk/reward personally by trying to maximise reward potential and then try to manage my risk either through allocation of capital or researching the aspects that i can so i pick the best companies at the most value accretive part of their lifecycle. i.e. i look for 10 baggers or 100 baggers on the basis you only need one or two winners and it makes up for a load of users. That is probably not the sort of risk-profile many would or could live with.

    I am in TRP and BPC and I chose these after doing this basic analysis :-

    1. Big province/targets
    My top-down strategy is to look for the big new oil province stories that can attract investor (retail and Institutional interest) and media interest

    e.g. Falklands or offshore East Africa or Greenland etc

    from reward perspective i like to see a number of companies (large and small) targeting a province as one find from one company can have positive 'externalities' on others (e.g. in the Falklands BOR and ARG have not drilled but their shares did well because RKH found oil) also if a major or aspiring major is targetting a province it must indicate some big potential that the smaller companies can feed off or they can sell to other majors who are latecomers to the province

    2. Major buy in from experts/Majors
    I have no knowledge of the technical / geological aspects so i try to reduce the risk by leveraging off the research/due diligence of others

    So I not only like to see my oilers target huge new provinces I like to see buy in from majors or aspiring majors also joining in as to have made it up the list of prospects of a major it will have gone through numerous committees and thus tick a lot of positive boxes

    Two major news provinces I like the look of are Namibia and Bahamas/Cuba

    Both these provinces have had buy in from majors, in the case of Namibia it is seen geologically as a mirror image of the huge Brazil offshore fields and Petrobras have farmed into some Namibian acreage ; in the case of the Bahamas province and BPC, Statoil have farmed into the area and many Russian/Chinese companies are getting ready to drill on the Cuban side of the maritime border between Bahamas/Cuba ; finally the province is in the same basin as the Super Giant 35 Billion barrel Canterel field

    3. Timing
    Finally many oilers have great stories but there are times when you want to buy and times when you don't traditionally the best time to buy the small explorers is about 9-12 months before they drill as that is when the investment story gets told and you actually want to scale out before the drillbit actually hits the ground (e.g. Falklands)
    Another example of 'buy the dream sell the reality'


    If TRP hit oil in their province the stock should go to 100-130p so given it is a 1 in 10 chance of success I expect the shares currently 4p to trade around 10-13p just prior to drilling (expected late 2011/early 2012)

    If BPC hit oil in their province the stock could go to 500-1000p according to Goldmans research. So given the chance of success is 1 in 10 I'd expect the shares to go to 50-100p prior to drilling (late 2011/early 2012). This will be impacted beforehand though by the drilling about to commence in Cuban waters very soon.
    Cheers, excellent summary.

    So any new O&G worth looking at?


    We're on the road to nowhere...

  42. #282
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    I'd be wary of anything new to be honest as it is likely to be an opportunistic float to try to capitalise on investors risk-seeking behaviour... see article below

    What i like about TRP and BPC is to some extent they've had their failures in public and you can see it on the charts and the process of coping with that has almost completed and allows strong moves to be made. Others which I have on my watch list are AEX, DPL and RRL's partner in Somalia TSX-listed AOI which are all plays on East Africa an area in which Anadarko/COV and BG have had recent success and Tullow are making a big play on.

    Finally at some point CAD is worth a look for value hunters could be the next EO. in terms of valued at cash for a long time and then any drillbut success is unpriced optionality.

    NPE could be XEL with bells on. Lots of Heavy Oil interests much less viscous than XEL's stuff and also have some excellent light oil finds and more nearby exploration upside working with EO. on those prospects.

    FPM is a nice stable play but currently drilling a 1 billion barrel prospect field (Lagavulin) with little old Chevron.

    RKH should do well as only Falkland Oiler to find oil so far.

    FOGL may do well but more a H2 2011 play as 2012 drilling comes into focus.

    http://www.theaustralian.com.au/busi...-1225975085777

    WELL known Perth resources analyst Peter Strachan, in his final client note of the year, has raised the storm flags.
    He sees the market as in danger of over-heating - an issue this column raised last Monday.

    The report from his StockAnalysis says investors are not only more risk tolerant but also exhibiting what he calls “risk-seeking behaviour”, evidenced in the steep price rises experienced by a growing number of small exploration and development companies whose share prices have responded to drilling news or expectations of corporate deals.

    Signs of over-heating include a huge rush of initial public offerings and placements by smaller resource companies. After averaging about 10 new listings a month for most of 2010, over the past two months there have been 43 new ASX listings - and there are another 51 floats in the wings waiting to join them as we move into 2011.

    Start of sidebar. Skip to end of sidebar.
    .End of sidebar. Return to start of sidebar.
    “Subscribers should know that, when quantity rises, the overall quality falls. More dodgy companies arriving on the bourse means more chance for failure and higher risk overall,” writes Strachan. “Not all the new listings will be of poor quality, but when the ducks are quacking the stockbrokers will feed them.”

    Investors are also getting tired as the pace of activity rises, he says. In these circumstances, less care is taken and errors of judgement will happen.

    He thinks the market will motor on - pushed by its own momentum - until about May, and then “some exogenous event during 2011, most likely China-related, will trigger a serious Australian market correction”.

    Strachan advises clients to remain alert, keep debt levels low and cash holdings at a safe level.

    And speaking of brokers, Strachan singles out one Perth firm as an example of a sign that the market may be running too fast - the decision by Patersons Securities to pay $1 million for naming rights to the Subiaco football oval. “This type of hubris is typical of overheated markets,” he adds.

    The bottom line: the market correction could come at any time. Global issues continue to cause concern and could develop into market moving events.

    So, between Peter Strachan and Pure Speculation, don’t say you weren’t warned

  43. #283
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    I like my Oil and Gas but the biggest thing that could cause equity markets to crash next year is worries about sovereign debt default etc I think spain have to roll a mountain of debt Q1 next year ? so gold seems the safe and exciting play IMO

    Thus CNR, TPJ, SRB, MVC, GGG, MWA, OMI, ECR, THR and SHE all feature heavily in my portfolio alongside BPC, TRP etc

  44. #284
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Will be buying some TRP and FUM today in hope of them getting New Year tips (along with MVC)

    It feels so so wrong to be buying FUM. I hope my brokers deliver the share certificate in a brown paper bag.

    Parental Advisory : Children should not click on the next link -http://www.futuramedical.com/content...ts/csd_500.asp

  45. #285
    Debut
    Aug 2007
    Runs
    1,868
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Cheers once again mate. Your highly informed opinion is always welcome.

    I am in BPC but not big. Just taken a position back in AST last week, and think there is now significant short-term upside there with the newsflow to come.

    I dont have any gold stocks at the moment. I'll look at your tips over the holidays, but which 2-3 are the ones with the biggest potential IYO?


    We're on the road to nowhere...

  46. #286
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    CNR - i called that at 0.8p a few months back and it has gone up 10 fold in 3 months so that boat may have sailed !

    SRB - Mkt Cap about £20m but 26% of company is owned by Eldorado Gold a $10bn Canadian gold miner who bought Serabi's neighbour Brazauro last year for $120m odd. Eldorado paid 30p a share for their stake so you can buy at the same price as a major strategic investor and they would only have bought IMO to 1. block anyone else coming onto their patch or 2. if they thought there was massive exploration upside which would move the dial for eldorado let alone a £20m mkt cap company

    TPJ - £12.5m mkt cap but has partnerships with 3 of the 4 biggest gold miners in the world (Newmont, Newcrest and Barrick). So it validates their potential. If they do make any decent find or their major partners bring one of their projects to production that should be worth a multiple of the current price.

    SRB and TPJ I can sleep at night because Major companies are in effect standing behind those.

    More punty stuff is MVC, THR, SHE, ECR

    FWIW I have about 3-5% of my portolio each in SHE, TPJ and MVC
    1% each in likes of ECR,THR,SRB

    SRB I intend to take up to a 3-5% position soon as they started drilling this week and expect results February-May

    During the 1975-1980 gold boom some gold miners went up 500-5000 times not just 5-10 times

    e.g. Lion Mines $0.07 to $380 !
    e.g. Wharf Resources $0.40 to $560 !

    http://goldstocksdaily.com/2010/07/1...e-gold-bubble/

    So really if you believe we could get that sort of bubble you only need small positions for them to pay off... as long as you choose the right stocks and time it right etc etc
    Last edited by pia786; 23rd December 2010 at 10:53.

  47. #287
    Debut
    Aug 2007
    Runs
    1,868
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Cheers, will look over the holidays.

    Im quite ****** off this morning as I was planning on freeing up funds today to buy into INFA (tipped earlier this week, and now researched). Up 25% before I could get in Criminally nder-valued IMO, so I dont know whether to buy now, or wait for the retrace that may never come...


    We're on the road to nowhere...

  48. #288
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Not really looked at INFA in much detail (used to use it as a comparitor for Encore Oil EO. when EO. was mainly a gas storage play a few years back) but I see Ali Mortazavi the 'ex-Evolution securities trader' took a notifiable position recently (not sure if that is a good thing or not in and of itself) and all this cold weather and resulting increase in summer-winter gas price spread does a lot for the investment case I'd imagine.
    Last edited by pia786; 23rd December 2010 at 11:04.

  49. #289
    Debut
    Aug 2007
    Runs
    1,868
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Good newsflow to come, £3m in the bank, strong ii backing (Credit Suisse have a long standing interest), and diversified porfolio of projects. Brokers have set tp above £1.

    I have no free funds until middle of next month (unless I sell!) so may have to hope for that retrace...


    We're on the road to nowhere...

  50. #290
    Debut
    Jan 2010
    Runs
    8,099
    Mentioned
    10 Post(s)
    Tagged
    0 Thread(s)
    Anything on rare earth minerals? Any listed companies in UK aside from REM (Rare Earth Plc, formerly Zest group)

    The chinese produce over 95% of world supply and they have begun to impose strict export measures leading the EU and US to fear a supply crunch for their high tech and defence industries. China stopped the supply of Rare Earth Minerals as a punitive measure in a spat with Japan earlier this year.

    The negatives are that its expensive to mine and takes over 10 years to produce anything worthwhile. Nontheless, shares in canadian and US of the few Rare earth mineral companies have rocketed in the past year.

    I would be interested in your guys views on this.

  51. #291
    Debut
    Aug 2007
    Runs
    1,868
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    REE were massively over-bought according to most analysts, but their very scarcity (and China's monopoly) means that there isnt much choice for buyers - especially given the move towards alternative energy taking place in the US right now.

    AFAIK, there arent any pure REE plays in the UK market. Noventa do have a tantulam project though.

    A couple of ASX stocks tipped a while back were Arafura Resources and Lynas Corporation.
    Last edited by jaspa888; 23rd December 2010 at 12:00.


    We're on the road to nowhere...

  52. #292
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    for the very good reasons you guys have already identified i'm not chasing any REE story

    however one of my small gold plays THR (Thor Mining) does have uranium and REE stories in addition to the main story which is gold exploration on the same belt as Anglogold's recent Tropicana 5m oz gold project in Oz

    to my mind THR seems cheap as a punt given small market cap but lots of unpriced optionality in a variety of projects

  53. #293
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Hearing TPJ been tipped in Shares Mag?

  54. #294
    Debut
    Aug 2007
    Runs
    1,868
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Yep, share of the year apparently.


    We're on the road to nowhere...

  55. #295
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    If you want to research something completely leftfield try Thorium ...

    I only know of one really obscure play on it PLUS-listed All Star Minerals (PLUS:ASMO)

    Very illiquid so mind your eye ! But our old friend Shah Rukh Khan is involved (the CEO of Oracle Coalfields whose main project is the Thar coal deposit in Pakistan).

    What is so interesting about Thorium ?

    http://www.telegraph.co.uk/finance/c...r-thorium.html

    "There is no certain bet in nuclear physics but work by Nobel laureate Carlo Rubbia at CERN (European Organization for Nuclear Research) on the use of thorium as a cheap, clean and safe alternative to uranium in reactors may be the magic bullet we have all been hoping for, though we have barely begun to crack the potential of solar power.

    Dr Rubbia says a tonne of the silvery metal – named after the Norse god of thunder, who also gave us Thor’s day or Thursday – produces as much energy as 200 tonnes of uranium, or 3,500,000 tonnes of coal. A mere fistful would light London for a week. "

    --------------------

    Question then would be if small quantities of Thorium can light up London for a week is minign those 'small quantities' actually going to be profitable ?

  56. #296
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Thanks Jaspa, not sure what Shares Mag tipping record is like but all grist to my mill.

  57. #297
    Debut
    Jan 2005
    Venue
    footpath
    Runs
    4,307
    Mentioned
    0 Post(s)
    Tagged
    2 Thread(s)
    Bought my first ever fantasy stock in XEL today. Complete noob to this game so gonna see how I fare with the fantasy index before playing with real money.

  58. #298
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    INFA was mentioned earlier.

    Today Simon Cawkwell aka Evil Knieval opined on the issue in his thrice-weekly diary column...


    Infrastrata (INFA) used to be called Portland Oil and Gas and then suffered needless expense to change to its current name. Why on earth do directors do this? It's pretentious and muddling.

    Anyway, Infrastrata has sold 50% of its Portland storage operation to eCORP for £30m which suggests that the remaining half (i.e. Infrastrata's) is also worth £30m. Given that Infrastrata is capitalised at 22p at £16.5m, it looks upward related - possibly 40p right now. Particularly given that there are other bets hidden in Infrastrata. A pal has taken 7%.

    I closed the Supergroup (SGP) short at 1230p. This is probably too early. However, on 12th January, there will be a Christmas trading up ate. It is bound to be bullish in tone.

    I hear that Geiger Counter (GCL) is doing well. Actually, I would make it my nap for 2011 if it were not for the fact that it is an investment fund and therefore merely reflects a sector average. But lazy investors who like it reasonably sure and easy are urged to climb aboard. There are warrants, described as subscription shares, (GCLS) convertible to ordinaries by 31st January on payment of 75p per share.

    As I contemplate bets for 2011, I accept that it cannot be as easy (at least on the bull tack) as 2010 - particularly given my reckoning that it is the end of the Eurozone, where the break up could be pretty grizzly - and by 31st March? 2011.

    Anyway, I take this opportunity to thank readers for their courteous tolerance of mistakes made in 2010 and I also thank those who have taken the trouble to draw my attention to interesting points. There are bound to be many more of these in 2011.

  59. #299
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Some of the stocks i've mentioned recently had good days

    e.g. CNR, MVC, TPJ, THR

    the common factor being their gold exposure

    becoming very dot.com like amongst the resources stocks

  60. #300
    Debut
    Jan 2010
    Runs
    8,099
    Mentioned
    10 Post(s)
    Tagged
    0 Thread(s)
    China cutting rare earth mineral supply... sent REM, THR, HER through the roof today!!

  61. #301
    Debut
    Jan 2010
    Runs
    8,099
    Mentioned
    10 Post(s)
    Tagged
    0 Thread(s)
    Lot of people getting out of DES and GKP also helped these stocks I presume

  62. #302
    Debut
    Jan 2010
    Runs
    8,099
    Mentioned
    10 Post(s)
    Tagged
    0 Thread(s)
    REM up 40% again today!!

  63. #303
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)

  64. #304
    Debut
    Aug 2007
    Runs
    1,868
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Thanks for that.

    I took a small stake in there last week on your recommendation, and it certainly looks like it has legs. Just hope their cash lasts otherwise the wolves will come prowling...

    My big worry for early 2011 is that AIM looks overheated once again. A 45% rise in the AIM All-Share index over the last 5 months surely cant be sustainable?


    We're on the road to nowhere...

  65. #305
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Marc Faber who is a guy who has a decent following amongst pro investors is still bullish on stuff like gold but expects an equity market correction in January albeit a correction in his opinion which should be bought.

    I'll be looking to take advantage of the January 'small cap' effect and take profits in some holdings with a view to getting back in for a March to May run.

    Lesson of dot com bubble was that stocks had huge moves but also exhibited extreme volatility. Keeping positions small and flexible is probably best way to go then as if it does get mad in either direction you aren't going to get too burned.

    Another thing I am doing is going for really low quality companies which have potential for plenty of newsflow as they tend to get alighted on by the herd just based on news rather than any fundamental analysis. MVC, THR, ECR may fit that bill. Bit more relaxed on CNR, TPJ, SRB as they have big corporate partners who may act as buyers of last resort even if the retail herd over stretch themselves.

  66. #306
    Debut
    Feb 2007
    Runs
    2,231
    Mentioned
    1 Post(s)
    Tagged
    1 Thread(s)
    Salaam folks any thoughts on a mining company called AMC there sp has risen over the last few days by a massive 200% or so not sure how good it is though.

  67. #307
    Debut
    Jul 2010
    Runs
    12,759
    Mentioned
    23 Post(s)
    Tagged
    0 Thread(s)
    Jaspa I remember at the start you mentioned RRL. Are you still involved with this it seems to be doing ok

  68. #308
    Debut
    Aug 2007
    Runs
    1,868
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Yep, up 50% and in an ISA too.

    Some good newsflow coming, so hoping to see 20p by end Q1.

    AST, WTI and SXX all expected to rise in next 3 months with pending newsflow.


    We're on the road to nowhere...

  69. #309
    Debut
    Oct 2010
    Runs
    784
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    I was lucky enough to get into KEFI at 2.5p, this is currently at 8.43p. Was reading somewhere that they could go upto about 22p. Fingers crossed.

    As a general rule, my shares tend to go south - as soon as I look at them, let alone buy them - however this has been a very pleasant surprise!

  70. #310
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    KEFI has been seriously over promoted

    it had a market cap of almost 30m quid yet operates in Saudi where i wouldn't trust any of the authorities

    many small cap explorers with much better prospects are cheaper and actually validated by industry partners

    e.g. SRB 18m but partnered with 10 billion dollar Eldorado
    e.g. TPJ 16m but partnered with 3 of the 4 biggest goldminers in the world with 20-50 billion market values
    Last edited by pia786; 6th January 2011 at 17:23. Reason: corrected TPJ market cap

  71. #311
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    RRL may get a kicking tomorrow and Monday as Tom Bulford of RHPS has advised selling. The herd will all try to exit and because of inexperience or stupidity will probably panic or not set appropriately disciplined sell orders. I have never been a fan of the investment case but might be a trading opp for the risk tolerant.

  72. #312
    Debut
    Jan 2010
    Runs
    8,099
    Mentioned
    10 Post(s)
    Tagged
    0 Thread(s)
    PIA786, whose he tipping for 2011 and whats his rational for sell on RRL?

  73. #313
    Debut
    Jan 2010
    Runs
    8,099
    Mentioned
    10 Post(s)
    Tagged
    0 Thread(s)
    Ok found out what he is said about RRL.

    "RANGE RESOURCES (RRL): Range has made good progress in the USA and Georgia since I tipped the shares in June. However the big issue for the shares is Puntland, and here drilling has already been delayed until mid-2011. Given the extremely precarious political situation in that part of Africa, there could be further postponements. We have doubled our money here also and that is good enough for me. SELL"

    Nothing new that we did not know already and surely it was the same political situation when he tipped it in June!
    Last edited by Eagle_Eye; 6th January 2011 at 21:44.

  74. #314
    Debut
    Jan 2010
    Runs
    8,099
    Mentioned
    10 Post(s)
    Tagged
    0 Thread(s)
    His tips from what I can gather are :

    1. Global Brands (GBR) - up to 3.5p
    2. President Petroleum (PPC) - up to 70p
    3. Ramblers Metals & Mining (RMM) - up to 40p

  75. #315
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    RRL - True he is probably just repeating info most people would know but he does influence share prices so still expect a dip tomorrow. The stock apparently rose 30% on his original tip.

    Bulford has not yet released his January 2011 Tips (the stocks mentioned above are his weekly updates on stocks he has tipped previously), his monthly newsletter comes out on Saturday (by post ; Friday evening by email)

    I'll post up any info here Friday evening.
    Last edited by pia786; 6th January 2011 at 22:43.

  76. #316
    Debut
    Aug 2007
    Runs
    1,868
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Cheers pia786.

    I bought a small stake in MXP on Tuesday, and it rose 25% on the day. They then announce a positive strike yesterday, and the SP actually falls 5%! Very strange...

    All-Share AIM index has already fallen 10% in 2011. Hoping for a rebound soon.

    Some strong rumours in the City that GKP may be joining FTSE 250 in Q1. Definitely worth a punt at 160p IMO.


    We're on the road to nowhere...

  77. #317
    Debut
    Aug 2007
    Runs
    1,868
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    A favourite poster on iii board, HUB, has given his tips for 2011. He has a decent track record and calls many right. But his top 10 last year made ~25% last year - decent enough, but only about half of what you could have made with the top investment trusts.

    http://thesharehub.com/?p=360


    We're on the road to nowhere...

  78. #318
    Debut
    Jan 2010
    Runs
    8,099
    Mentioned
    10 Post(s)
    Tagged
    0 Thread(s)
    Thanks Pia786, will be interesting to see his tips for 2011. There probably will be some retrace tomorrow as the herd will follow him. Interestingly Range R listing on ASX is up 10%.....

  79. #319
    Debut
    Nov 2010
    Runs
    1,371
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Latest RHPS is out

    password : penny

    http://www.fsponline-recommends.co.u...y_11_issue.pdf

  80. #320
    Debut
    Jan 2010
    Runs
    8,099
    Mentioned
    10 Post(s)
    Tagged
    0 Thread(s)
    Thanks pia786.

    The tip did cause a retrace to RRL but some used the opportunity to buy some more...

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •