Last Share you Bought?

JoeCrystal

Well, the last two shares I bought recently was Greencoat UK Wind and Graphene Nanochem. What could possibly go wrong...

Cheers,
Joe

sabretoothtigger

Graphene is that wonder material right.

Last took up MML, cheap gold miner who are terribly unpopular
and Dragon Oil

The share price decline from gold producers of late is another story altogether. And the drop has been more pronounced for Medusa Mining (LON:MML) than most.
The gold price slump has caused the shares of most companies involved in the production of the precious yellow metal to pull back, but SP Angel’s analyst John Meyer can’t put his finger on the reason for the extent of Medusa’s fall.
The Philippines-focused gold miner’s stock has tumbled from 300p at the end of March to just 106p today, making it one of the biggest fallers in the junior gold sector.
But SP Angel’s John Meyer sees no reason for the fall and sticks by his ‘buy’ recommendation and 450p target price – a price last seen by Medusa shares in October 2011.
Medusa’s reply to the ASX Listing Compliance suggests that it is just as oblivious to the reason behind the share price fall, though it offered one suggestion – that speculation about proposed changes to existing mining taxes in the Philippines could have played a part.
The Mining Industry Coordinating Council (MICC) is currently preparing the draft bill and said it was weighing up two options for the “revenue sharing scheme”.
It plans to take a cut of mining companies’ gross margin or their gross revenues.

lvader

I bought SDL after yestderdays big drop.

bigfreddiel

bought £4k RIO

i wish people would mention how much they invest - any less that £4k isn'tworth it imo - due to trading costs

fj

sabretoothtigger

My trading costs are 50p, I invested a fiver

grey_gym_sock

sabretoothtigger wrote: »

My trading costs are 50p, I invested a fiver

10% trading costs?

sabretoothtigger

hopefully a ten bagger Some stocks (mining) have fallen 90%, I wonder if they could ever get that back, possibly.
TCG did it, anyone have that ?

lvader

bigfreddiel wrote: »

bought £4k RIO

i wish people would mention how much they invest - any less that £4k isn'tworth it imo - due to trading costs

fj

The trading cost will look insignificant if the stock drops 10%, then you'll have wished you spread the trades a bit.

sabretoothtigger

My foundation is basically autumn of 2008 where the biggest cost was lost opportunity hence I do side with what Ivader says there. I dont think thats the past, 10% up and down the next is probably a future reality also

Speaking of which, Anglo Asian Mining is up 9.5% on Friday and now at the grand total of 2.5 PE
In theory it should be compartively immune to the gold price as its in profit either way I think and so too cheap.
Some mines have greater worries to bear like Centamin in Egypt, FT wrote an article on betrayed democracy or something

I sold off BP and took Aggrecko and took up First group rights issue

ffacoffipawb

Pennon Group plc, an extra water company alongside United Utilities, for my SIPP HYP.