Blackrock World Mining Share Discussion Threads

[racg] 08/3/2016 17:10

As long as you didn't buy with a ten minute perspective, you ll be ok. I was cursing having sold out of glencore as it kept on rising.... Some you win, some you lose but generally we all win if we can hold longer than the market takes to completely flip it's opinion of what something is worth. Be patient blippy and either add on weakness or move into your next target share.

[blippy2] 08/3/2016 16:01

Yeah, tell me about it.

[blippy2] 08/3/2016 15:49

I bought in yesterday. What a f'up.

[aleman] 08/3/2016 15:40

Mining Index down over 10% today. This is getting silly. It's just computers playing games with each other. In recent weeks, NAV has always been out of date when it is published less than 24 hours later!

[racg] 08/3/2016 09:47

And very grateful I am, praise be the stock market.

[philo124] 08/3/2016 07:45

Up nearly 50% since chinese new year.

[aleman] 07/3/2016 16:17

Miners currently up 3.6% so, even after this fternoon's rise, the discount is still probably just shy of 15%.

[davidlloyd] 07/3/2016 14:03

Spot on Aleman. And today it is still 15% discount to NAV.

DL

[racg] 05/3/2016 03:30

Guess we ll get all the momentum traders showing up soon, if this sensational reversal lasts much longer.

[hugepants] 04/3/2016 23:44

Surprised this mutt was only up 5%. Some huge rises in the main portfolio holdings today;

BHP Billiton +9%
Lundin +8%
First Quantum +10%
Glencore +12%
Rio +6%

[aleman] 04/3/2016 12:41

Yesterday's NAV was 251p. The Mining Index is up nearly 5% today so NAV shoudl be 260-265p so discount is around 15% despite the recent sharp rise.

[racg] 04/3/2016 12:18

Wow another up day. Wonder what the discount us now?

[racg] 03/3/2016 12:44

''True dat'', as I was rueing just a few months back.

[treeshake] 03/3/2016 11:44

Look at the pace these stocks fell at !

[racg] 03/3/2016 10:46

This is so sweet but now am feeling nervy about the pace of increase. Ah, psychology.
Well, I guess better watch it play out some more.

[luffness] 03/3/2016 09:31

Average discount on last 12 months was a little over 11% so currently discount is > than the average

[scottishfield] 03/3/2016 09:31

Yes holder here, & will continue to add on the dips, upside massively btr than any downside imo. gl to u

[davidlloyd] 03/3/2016 09:27

Thanks SF - on the basis that things seem at last to be moving in the right direction and sentiment swinging (from, lets face it, a very very low ebb), BRWM presents a good place to be as of now IMHO so bought some yesterday.

GL if you hold too.
DL

[scottishfield] 03/3/2016 09:13

A), Don't know abt 'normally', but B), certainly the latter would be a big factor currently. imo

[davidlloyd] 03/3/2016 09:06

Sorry for the ignorant question, but does this normally trade significantly below NAV - or is it just that Mining Sector is still considered out of favour?
DL

[hugepants] 02/3/2016 22:46

Strong showing by the big miners again.NAV should be well up again tomorrow, probably over 250p


Billiton +5%
Rio and Glenncore +3.5%
Lundin +6%
First Quantum +16%

[racg] 01/3/2016 16:26

If Brexit were to happen, it would be great for UK listed entities earning in dollars. I wonder what most companies earn that BRWM holds?

Grasping at straws there I d say.

[dlku] 01/3/2016 15:56

support at 185p

brexit will kill it