Petropavlovsk Share Discussion Threads

[wallywoo] 28/10/2016 09:21

There may be a reason to be a bit jumpy, this is from note 2 on their half year report:

"The Group performed an assessment of the forecast cash flows and covenant compliance in relation to bank facilities for the period of 12 months from the date of approval of the 2016 Half-Year Report. As at 30 June 2016, the Group had sufficient liquidity headroom and complied with related financial covenants. The Group's projections demonstrate that although the Group expects to have sufficient working capital liquidity over the next 12 months, these projections indicate that, unless mitigating actions can be taken, there will be insufficient liquidity to meet its debt repayment schedule on 31 October 2016."

[xcap] 28/10/2016 08:50

every morning its the same mms drop bid big time to pick up cheap shares from panicked sellers

[deanroberthunt] 27/10/2016 20:01

.... (\_/)
.... ( '_') rabbit in a tank
.. /""""""""""""\ ==â–R16;â–217;â–“â–“â–ˆD
/""""""""""""""""""""\
\@_@_@_@_@_@_@_@_@_@_/

[tsmith2] 27/10/2016 16:38

Strength into close; clear stock in demand..

[deanroberthunt] 27/10/2016 14:03

yes that's right...GOLD ON THE UP

[tsmith2] 27/10/2016 13:50

Think it's R4E he was on about. Wouldn't personally touched either.Over here..someone about to get squeezed

[tsmith2] 27/10/2016 13:34

I'm going for news tomorrow

[deanroberthunt] 27/10/2016 12:54

buy side lined up like a taxi queue at Trafalgar square on a Friday evening

[deanroberthunt] 27/10/2016 12:53

and technically 9p goes and there's no stopping her

[deanroberthunt] 27/10/2016 12:52

fundamentals TRUMP TA here, all day long

[paulo92] 27/10/2016 12:52

you on lvl2 dean?

[deanroberthunt] 27/10/2016 12:51

RSI is at 85 it could go to 100 and stay there for ages...fill ur boots

THE GOLD RUSH HAS BEGUN

[deanroberthunt] 27/10/2016 12:49

here we go strap in

[chillwill] 27/10/2016 12:29

Generally with the RSI it 'often' points toward a point where investors will sell into strenght; but if you look at the share price over last 6 months, not many will have profit to bank (unless they bought very recently). I wouldn't expect it to knock the share price back, but it is of course a possibility!

[juju44] 27/10/2016 12:28

Hope you are right but time is now short

[qs99] 27/10/2016 12:24

ok juju, but my point was if news is due before end of October which board has said, then technical charts may be irrelevant depending on the news...let's see...

[deanroberthunt] 27/10/2016 12:23

spike up is imminent.....

[deanroberthunt] 27/10/2016 12:04

Gold has bottomed and consolidated, ready for the move north now back to new highs as the wider markets deteriorate

[wallywoo] 27/10/2016 10:46

I guess Juju is referring to the RSI index. Very often when it rises up to the 90's it is overbought. I have also seen some big moves once that level is reached. Time will tell

RSI is only really a valid indicator when share price is trading within a range (sideways). and I for one expect this to move sharply higher

[juju44] 27/10/2016 10:44

Tech indicators well extended . It could go higher but without some worthwhile news a retrace / consolidation would be mote likely

[qs99] 27/10/2016 10:40

hehe, kiss of death my post though probably.....and juju, if good news coming, DYOR< why is it overbought?

[juju44] 27/10/2016 10:35

way overbought now so hard to see much more short term

[deanroberthunt] 27/10/2016 10:34

something is afoot and it ain't 12 inches