UK Stockmarket 2009 and beyond

lvader

I don't try to over analise AIM share prices, I buy stuff that looks cheap and top up if I feel the market has over reacted to news/no news. I think BEM will be OK, but it might drop further. I took some profit (50%) at 45p and rebought at 32p and 18p (23p ave)

worldtraveller

lvader wrote: »

I don't try to over analise AIM share prices, I buy stuff that looks cheap and top up if I feel the market has over reacted to news/no news. I think BEM will be OK, but it might drop further. I took some profit (50%) at 45p and rebought at 32p and 18p (23p ave)

I have the same sentiment and take the same top up action with MWG, which is one of the few individual shares that I own, but is a long term hold only and, frankly, simply a punt.

gadgetmind

lvader wrote: »

I don't try to over analise AIM share prices

As their corporate governance and adherence to the old veritas often leaves much to be desired, this is probably all for the best.

sabretoothtigger

I looked at Beowulf, wow did they spend all their cash hiring actors from the film for the AGM. Why so negative and especially recently

They need to close at 20 this week to stop that, its slowed down a bit today. I dont know why its reversed so not mad keen on it yet but put in a few silly orders for 12 downwards.
10p would be my worst case scenario and the reason being this is the old positive trend from 2009 before it went into orbit




Also Vivendi yields 9% They just bought EMI and chucked out a load of shares to help pay, they make computer games also - very expensive but profitable ones. PE 5
European stock so I wonder if disliked for stupid government debt reasons or they themselves have overdone the spending

http://www.businessweek.com/news/2011-11-15/vivendi-cuts-activision-blizzard-stake-after-emi-tvn-deals.html

ses6jwg

Go on the Rock (RKH) and GKP!

amictus

lvader wrote: »

I don't try to over analise AIM share prices, I buy stuff that looks cheap and top up if I feel the market has over reacted to news/no news.

worldtraveller wrote: »

I have the same sentiment and take the same top up action with MWG, which is one of the few individual shares that I own, but is a long term hold only and, frankly, simply a punt.

gadgetmind wrote: »

As their corporate governance and adherence to the old veritas often leaves much to be desired, this is probably all for the best.

Makes sense... thanks for the advice guys.

sabretoothtigger wrote: »

I looked at Beowulf, wow did they spend all their cash hiring actors from the film for the AGM. Why so negative and especially recently

They need to close at 20 this week to stop that, its slowed down a bit today. I dont know why its reversed so not mad keen on it yet but put in a few silly orders for 12 downwards.
10p would be my worst case scenario and the reason being this is the old positive trend from 2009 before it went into orbit

Heh! Must admit the name is a bit of a put-off!

Just had a quick look at the Interactive Investor forum and came across this post about the recent drop-off...

http://www.iii.co.uk/investment/detail/?display=discussion&code=cotn%3ABEM.L&thread=8954270&it=le&action=detail&id=8954386

Sounds reasonable, but, without having done any research myself, he could well be making it up!

sabretoothtigger

I bought some BEM with the GKP money. I dont believe they have broken their bad trend recently so I might add some more or wait depending how it goes

I noticed most of their permits expire in 2012, is that a reason for worry especially. Pity they dont avoid stamp duty by being dual listed

Also bought Greek gold mine Euro goldfields who are now backed by Dubai funding (which is exempt)

http://www.iii.co.uk/investment/deta...ail&id=8954386

Sounds reasonable, but, without having done any research myself, he could well be making it up!

There is some company which tracks short selling records and what % it is of company stock.
If he were right that would match the breakout possibility Im hoping for, short sellers are always buyers eventually (obviously excluding the worst case )

He is definitly right that prices always swing too low as well as rising too high, its just we can never be sure where is the pivotal price
Some of it depends on future info and Im not certain on the company worth/assets to costs excactly hence I will add later when its clearer


I see JamesU on the challenge site at #9 with an amazing selection of sector funds Ive never seen anyone do that before certainly not successfully

AndyGuil

sabre, have a look at what happens in the past with permits. They renew them very quickly and easily. They have also been acquiring new assets around Kallak.

Have you seen the latest news from them? They have a third party that will be doing due diligence on them for 6 months with the potential to acquire the iron resources. The share price was knocked down because not all of the resource was included in the recent JORC. In reality it is a minor set back because they can resolve this in the short term with more drilling and it has presented an opportunity for me to increase my holding. Looking at how much they got into the JORC it was less than 20% of the resource and that was 131.6Mt, good potential when they get 100% in after the next drilling.

Shatners_Bassoon

Ones to watch over the coming months

RRL (Lots of people on here already in them) are due a rerating soon currently at 9p from their 26p highs erarlier in the year and in a much better position now than then thanks to 500% P1 upgrades in Trinidad and Tobago. Puntland drill news could come at anytime.

XTR I think this one could be the darling of AIM in 2012 and is at around 1.9p at the moment but they have multiple bn barrel fields in the North Sea and also in Julia Creek's massive oil shale fields in Australia. XEL were at 5p in 2008 and look where they went to in unber 18 months. XTR could well perform in the same way and if LeadA prospect comes in then all will be good.

ORE - This Gold miner has an old Serbian mine called Deli Jovan and they are currently pumped the old disuses mine (closed prior to WW2 and never reopened) but this mine used to be mined with hand tools and the grade of Gold seams have been as high as 200g/t in some veins. Works is underway to pump the water and soil samples have been analysed with good results but drilling will start soon and a JORC produced.

sabretoothtigger

20% JORC realised about matches the drop in the share price almost. Down again today but still possible they are flattening out now on declining volume

I thought this RNS about a placing could explain some of the previous drop hence would make it a more positive share then thought. 6.7 for a 30m market cap company is a fair old chunk, I will probably add some tomorrow http://www.halifaxmarketwatch.co.uk/security.cgi?csi=107031&action=news&story_id=5140467&rns=1


RRL could use a higher oil price and gas for better cashflow and obviously finding something in georgia would help. XTR sounds interesting and ORE I hear people despair of often but 200g is alot. They said 1ounce/t of the scottish one, I think results/sales count more

CEY bashed today by egypt troubles, the elections will extend till March ? nightmare, 90 would be a good base for a rise if there was any positives