UK Stockmarket 2009 and beyond

amictus

Dr_john wrote: »

I think gold is still an interesting investment but am a bit unsure of whether to try and buy physical gold or go for "paper" gold. Anyone here with experience?

No experience but i'm looking at ETF Securities Physical Gold (PHGP). Is now the time to buy, or will the price continue to drop below $1600? Hmmm!

sabretoothtigger wrote: »

Essar risen 40% recently, lovely rebound after being FTSE kicked
Cairn Im still waiting on for similar

Mentioned today on The Motley Fool along with GENL:

http://www.fool.co.uk/news/investing/2012/03/20/large-oil-shares-at-24-discount.aspx

CNE is looking very interesting after the recent drop.

I have been watching GKP but I'm not willing to pay current prices with the level of risk involved. Perhaps GENL is less risky as it is supposedly undervalued compared to its NAV?

sabretoothtigger wrote: »

Why is KAZ still so cheap!:laugh:

FXPO is cheaper! I guess KAZ will rocket if copper prices pick up.

amictus

owains wrote: »

I have been watching GKP but I'm not willing to pay current prices with the level of risk involved. Perhaps GENL is less risky as it is supposedly undervalued compared to its NAV?

I haven't yet done any investigation, but I'm also going to take a look at HOIL. It's now at an all time low... is this justified? Any thoughts on HOIL vs GKP and GENL?

owains wrote: »

FXPO is cheaper!

Obviously not cheap enough yet. Got spooked by China yesterday and is still on it's way down.

sabretoothtigger

GENL is new, Questor likes them. They are partners to GKP on a well

Of the three GKP is popular. HOIL has gas not oil, I think the most unpopular and cheapest but out of three the furthest from any future production or revenue.


Also looking at Xcite today, was forced to sell by broke broker Rebought some

http://www.iii.co.uk/articles/29136/xcite-energy-moves-profit

Budget changes were good ?

AngloGold, Randgold Say Mali Mines Remain Unaffected By Coup
By Devon Maylie

Of DOW JONES NEWSWIRES

JOHANNESBURG (Dow Jones)--Gold miners with operations in Mali said Friday they continue to operate unaffected by the coup that took place in the country this week.

"Nothing has changed. We continue to monitor the situation," a spokesman for AngloGold Ashanti Ltd. (ANG.JO) told Dow Jones Newswires. "Our operations, which are some distance from Bamako, have not been affected."

Randgold Resources Ltd. (GOLD) said its Mali mines, which account for about 64% of its annual production, also continue to operate as normal.

Despite reassurances that mine output hasn't been hit, shares for mining companies with assets in the country fell again Friday as the market continued to digest the news that rebel soldiers in Mali, Africa's third largest gold producer, sent the country's president into hiding.

AngloGold's Morila mine, which has an annual gold output of around 85,000-95,000 ounces, is about 180 kilometers southeast of Bamako, the nation's capital. The company also has interests in Mali's Yatela and Sadiola gold mines, both located in southwest Mali.

Randgold also operates the Loulo mine with 80% ownership and 20% owned by the government, and runs the Morila mine jointly with AngloGold Ashanti Ltd. (ANG.JO).

Political risk analysts warned, however, that protracted unrest following the coup could hinder companies ability to transport goods in and out of the country, with borders closed.

"The coup will cause direct operational disruptions, yet security in large extractive projects is unlikely to be a risk in the short term," a risk analyst group Maplecroft said.

Gold exports are important for Mali, accounting for about 75% of total exports in 2011, Maplecroft said, adding any changes in government may not see drastic mine grabs. But there could be increases in mining taxes to help fund a counter-insurgency against the heavily armed Tuareg uprising in the north.

At 1305 GMT Randgold shares were down 5%, or 2.9 pence, at 5,475 pence in London.

-By Devon Maylie, Dow Jones Newswires; +27 11 783 7848 devon.maylie@dowjones.com

(END) Dow Jones Newswires

March 23, 2012 09:27 ET (13:27 GMT)

amictus

sabretoothtigger wrote: »

GENL is new, Questor likes them. They are partners to GKP on a well

Of the three GKP is popular. HOIL has gas not oil, I think the most unpopular and cheapest but out of three the furthest from any future production or revenue.

OK thanks for the quick overview. I'm very wary of putting anything into GKP at the moment as the price could just as easily half as double as far as I can tell. I like the big names and cash backing GENL, but the price doesn't seem to be doing anything other than drop, which isn't greatly reassuring! HOIL I'm going to look into. I suppose they're all just a play on the political situation in Kurdistan so carry high risk.

sabretoothtigger wrote: »

Also looking at Xcite today, was forced to sell by broke broker Rebought some

http://www.iii.co.uk/articles/29136/xcite-energy-moves-profit

Budget changes were good ?

I have looked at XEL a number of times, but I can never convince myself to buy in. Seems like such an emotional share to follow... I'm not sure I could cope with it!

AngloGold, Randgold Say Mali Mines Remain Unaffected By Coup...

Questor sees this as a buying opportunity...

http://www.telegraph.co.uk/finance/markets/questor/9161209/Questor-share-tip-Randgold-falls-create-entry-point.html

http://www.telegraph.co.uk/finance/personalfinance/9163192/Questors-speculative-tips-outside-the-FTSE-100.html

Anyone else tempted to take a punt? If the reassurances are to be believed then there could be quite a nice bounce back. In the longer term, a 20% increase in gold production predicted for 2012 could see quite a tidy profit. P/E ratio of 25 is still rather high for a pretty risky outfit?

lvader

ABG closed up 7.5%, hopefully it hit the bottom and will start to tick upwards. Gold in general looking strong today.

Blvn up 20% today, I sold..

Sold off some Tescos and bought GSK.

sabretoothtigger

Asia is helping GSK? only 13PE still

I was just thinking Gold needs to lose 1600 fairly quick if we are to believe its a negative market since it peaked last year.

I dont think so, Im waiting for it to snuff out the sellers and carry on up

Was a nice turn around by ABG, I didnt even have time to figure out if they are effected by Mali coup. I guess not
430 to beat and then we can get 450 hopefully. I will hold for the div I think

RRS is holding. I bought back VGM last week but hesitated on CEY and unfortunately its come right back up now so Ive lost any advantage from buying lower

I still like CNR too, Im told Nicaragua is a stable country nowadays and their El Sal assets could always spring back even


Market still hasnt had a bad flush out, I still expect bad weather some day

lvader

India is currently a big drag on gold, it's the biggest importer and they recon imports could drop by 50% this year.

sabretoothtigger

FTSE is at its 5 day average price now. But also is in line with declines since 2007, so a bit of a crossroads it seems


http://i.imgur.com/tvyCO.png

rockitup wrote: »

Just had a trade on the VIX index via a Barclays ETN

Heres that VXX trade. I believe it was in profit briefly and then it totally failed.
We all know the markets have been serene in their rise now, unprecendented almost


Another possible bottom out for Volatility on its apparent decline from the shock and fear of 2008


http://i.imgur.com/EQ3hq.png

I sold the FTSE march start but Ive hardly been wrong to do so. Its Apple and other booming stocks I guess, VXX bases off SPX spikes


KAZ reported today, 1 billion of profits on a company valued at 5 billion. Almost unbelievable.
Rising costs but the company owns their own coal mine and coal power station, must be worse for other miners - higher oil is very negative generally

sabretoothtigger wrote: »

This is Chicago options traders CBOE discussing it all. Confusing but he says VIX to hit 15, its 18 now ie. bullish market which is probably correct but I will take some cashflow here

http://youtu.be/fDGamNRvRjM?t=3m21s

Happened just like he said it would

sabretoothtigger

ABG reversed right back down again! :mad: Long term its stronger then in 2011 at this price but right now its fallen on higher volume

A way to follow this apart from obviously the gold price might be looking at Randgold which is GOLD on the Nasdaq. It could fall some more in line with 2011 lows

Mali coup leader speaks - http://www.youtube.com/watch?v=VklmSFOkiCM

An idealist apparently


Euro is not massively weak, Im not convinced this market has seen the top yet

KAZ has falling grades, apparently this explains why its valued very negatively.
Centamin is talking about recovering just 1 gram of gold per ton and with rising costs, they are not such a bargain then ?



http://www.citywire.co.uk/money/chart-of-the-day-the-top-rising-and-falling-shares-in-q1/a579556

worldtraveller

The markets appear to be adjusting southwards to reflect reality a bit more this week. Shanghai was hit quite badly today, falling 2.65% & Hang Seng and Nikkei fell over 0.7%. I expect this to continue and it's likely to push commodity prices lower still, over and above the recent falls. Maybe realisation is finally taking hold that China has some major problems ahead in the short-medium term.

It may not be long before it's worth drip-feeding back into general commodities. Maybe another 5% fall before I'm tempted to start.