Last Share you Bought?

Why is Lloyds doing so great lately?

Not that long term this is true just wondering as it has a positive bias recently and the market isnt.
I bought for mid twenties in spring and now its mid fourties with apparently the wind in its sails set for 60 even ?

I sold 5 seconds before close just a bit I had bought October while waiting for market to drop, its risen 20% since then just about. For a big share thats fairly remarkable, I think finance is positive now..

Bought a tad more AAZ and POG I think is cheaper without reasons. Chesapeake is last lot I bought (and probably shouldnt) extremely asset rich but cash poor from oversupply but improving

Masomnia wrote: »

Hanging in there with Emed too, I still believe AS will happen and the de-risking will boost the price. I've decided I'm going to sell a significant chunk if not all my shares when that happens, as I'm a bit fed up of all the shilly shallying that's been going on. Maybe AIM shares are not for me

Sold the vast majority of mine in March/April and sold the rest this week. Not convinced they'll make it to AS without another cash call. Made money on them but not the large sum I thought I'd realise at one point. Will keep an eye out for joining again after a cash call if it happens.

Got most of that cash in AAZ nowadays. What's due with them before Xmas? Waiting for the deal re the copper (and silver?) to be announced, an update on the AS plant (expect it to be ahead of target and under budget) and then in early Jan the production for Q4. Those three items could see 60p IMO.

sabretoothtigger wrote: »

I dont even know what AS is :laugh: If they lose 9p on no good reason it might most sensible to ditch, of course its better to sell on strength

This is a range of commodities, helpful to gauge share performance though 6 months aint much.
I do think copper is negative, not sure how much AIM co. moves for that but KAZ has been awful maybe its worth a swap if you can exit EMED at nice profit.

AS = "administrative standing" which is a recognition EMED need from the local Junta. The price of copper is ok for EMED. They just need permits. They'll come, I remain convinced of that. Just not sure they'll be before Xmas. I've exited EMED with a modest profit on my last shares but its been good to me over the last 4 years with the rollercoaster share price giving plenty of trading opportunities.
Not sure copper will be unusually strong anytime soon (it surely needs a convincing rebound on the Chinese economy) so I'll stay clear of KAZ for now.

I was wondering what triggered you selling them now. Not that I can say thats wrong, for all we know markets can crash any time and so on

Anyhow deal done for future revenue, Im not sure if this is at fixed price but nice to see shares sold at a premium not a discount for once!

Surely government wont stop a job maker going ahead with certain business waiting.
I mean this is why Spain is in a mess that they are obsessed with Euro and regulations and government rubbish, more business please will sense prevail?

Price was up 15% at first but its falling back now. Im only going to be impressed if EMED gets to 20, 30 and higher

If we close 12p or higher today (or friday) I have hope otherwise we will probably repeat the same disappointment of previous months

Not sure copper will be unusually strong anytime soon

Copper is potentially a monetary metal at the extremes its possible to see very large rises beyond expectations but I dont see that happening exactly. Gold could drag it up basically, if silly things happen it could knock on in surprising ways
I will be checking if these contracts are fixed or not though because I think copper should rise over years even in more normal conditions, so long as world gdp is positive

Fair enough. Too many shares makes it harder to gauge on price alone. 1m now



Quarterly report just out, this looked nice.
5m is open pit and 5g per ton is high grade so no wonder Chinese have taken an interest

encouraging drill intercept of 5 metres at 5g/t gold-equivalent

POG wrote:

“The stock trades at a 2013 estimated price earnings ratio of 2.8 (excluding IRC - its former non-precious metals division now listed on the Hong Kong Stock Exchange), at a 55% discount to Central Eastern Europe Middle East and Africa gold peers’ average.

"We also note that in October the value of POG’s stake in IRC increased by about $130m or by about 45p per POG share. This has not been fully reflected in POG share price, in our view, and creates upside risks for POG in the short-term.”

Goldman Sachs' twelve-month price target (based on the target price to net asset value multiple) increases to 500p (from 470p) due to higher estimates for gold prices in 2012 and 2013, rising by 2% and 12% respectively, and its increased IRC valuation.

Super cheap, Russia is not popular. If this was rated like RRS it'd be 10x the price?