Lonmin Share Discussion Threads

[glenkaz] 02/2/2017 18:06

Only dog here is you and you is a true sc/m dog! Now p/ss of!!! And burn! Starting tomorow! 🤒

[pjm1162] 02/2/2017 17:47

My 100 pound short from 180 as I declared back then, ( read my posts) is 4,400 up, not including all my other shorts from 200+ as declared all thousands up also, my recent one is 150 pound down, so I am super happy, this dog is going nowhere fast, don't excited by a 3% rise

[glenkaz] 02/2/2017 17:43

£140's will be broken tomorow easy!!

[glenkaz] 02/2/2017 16:06

Bullsh signal set out today! Lonmin is on the up! How's yer short kn/b head pjm! £140++ tomorow re rate on the cards going up!

[glenkaz] 02/2/2017 14:10

Pjm eat 💩! Sc/m!

[pjm1162] 02/2/2017 14:06

No chance, just added another short @ 134, 60 pound a point, 120's before you'll see 150 again easy money...

[glenkaz] 02/2/2017 11:24

Break out £1.40 hold for further rise! IMHO! Pj m burn u 💩!

[luisfrg] 02/2/2017 07:58

Platinum now 1008.9

[glenkaz] 01/2/2017 23:18

Pjm f/ck off!

[pjm1162] 01/2/2017 20:08

Don't get sucked in

[rem108] 01/2/2017 09:07

up 6 .2% in South Africa ( JSE)

[pjm1162] 01/2/2017 06:26

Don't try catching the falling knife, Youll get hurt....sub 100p nailed on now...what a dog of a company

[mrjellyfish] 30/1/2017 17:14

please go away

[pjm1162] 30/1/2017 16:37

Ooochhh, hit 120,s again....lovely Jubbly, easyiest short around atm...see ya all under 100p

[pjm1162] 29/1/2017 18:18

Even a loss, or your ballance will be zero

[targatarga] 29/1/2017 09:06

Main point eventually is get out with a profit!

[glenkaz] 29/1/2017 08:37

Pjm you're a piece of 💩!

[pjm1162] 28/1/2017 16:27

Run for the hills, only a fool would buy this dog.....huge sell and sub 100 p inbound

[abryer] 27/1/2017 15:44

I will continue to hold for a while, good production report yesterday and the next report should be better now the Aktogay mine ramping up in 2017

[careful] 27/1/2017 15:08

buying shares in kaz at 1.96 was the secret.
are you tempted to dump them?
you know that before long commodities will be marched down again on some excuse.

[abryer] 27/1/2017 11:52

Just over a year ago I thought I was in a horror movie with this share. I made the terrible mistake of investing 30k in Lonmin at 34p pre rights

As the price started to plummet I reluctantly sold at 16p with a loss of 16k, absolutely gutted.

That turned out to be the best decision I have made in 20 yrs of trading. Because the 30k of shares were in an ISA, I could not possibly take up my rights of 46 for 1 because you are limited to 15k cash in a given year. I did not have the cash in the ISA to take up the rights in full so I would have had to tail swallow my rights. If I had done that I would have been diluted to nothing.

Anyone who relied on tail swallowing with the Lonmin rights issue were shafted big time, well publicised.

With the remining 14k I bought back approx. 25000 shares at 10p leaving 11.5k in the ISA pot to take up the rights in full rather than tail swallow.

Eventually after rights and 1 for 100 consolidation I ended up with 11525 of new Lonmin shares.
At one point the shares hit 39p so my investment had gone from 30k to 4.5k absolute nightmare. I thought I had done my money and didn’t think I would ever recover from that.

I held in there and sold at 2.32p so 27k gave me a loss of 3k. I invested the resulting 27k in Kaz at 1.96 which I still hold.

Today Kaz are trading at 4.48 so 15 months on my investment is now 62k.

If I had not sold those shares at 16p and relied on tail swallow to take up the remaining rights I would have ended up with 882 Lonmin shares which today would be worth £1.1k

My point is you just got hang in there, we all make mistakes.

[abryer] 27/1/2017 11:30

I personally would have got out yesterday after reading that report, there is nothing in it to suggest the share price is going to rise any time soon. The price dropped to 39p after the rights issue so I think this has further to fall if external factors remain same. I know it is risky but I would sell and hope to buy back lower

[foxy22] 27/1/2017 11:13

I think or hope 1.30 is the floor...any thoughts...

[boodgewoodge] 27/1/2017 10:46

any early bets on the share dilution percentage for the next rights issue given the last ones magnitude