Anglo Asian Mining Share Discussion Threads

[wanobi] 02/6/2020 07:40

TOOP, aha, yes, thanx for the heads up Wimbled :-) Cheers Wan :-)

Toople PLC (LSE: TOOP), a provider of bespoke telecom, broadband and IT services in the UK, is pleased to announce that Direct Market Services Limited ("DMSL"), its recently acquired subsidiary company, has won a major new contract with Carluccio's, the leading hospitality and restaurant brand. Last month Carluccio's was subject to a buyout by the Boparan Restaurant Group and is now set to re-open in line with the current government guidelines.


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[wimbled] 02/6/2020 07:34

Wan, TOOP news with contract win.

Company priced for failure but does this news mark the bottom. Do we have another DLAR today with TOOP.

!!!!

[wanobi] 02/6/2020 07:24

TXP - this could be a very interesting one if the down-hole results are in :-) Cheers Wan :-)

Touchstone Exploration Inc. (TSX / LSE: TXP), an oil and gas exploration and production company active in the Republic of Trinidad and Tobago, will be holding a live online interview and Q&A session with the senior management team on Thursday 4(th) June 2020. The webcast will be recorded and made available on ValueTheMarkets.com ( ) after the event.

The event will take place at 7.00pm BST on Thursday 4(th) June 2020, please visit the following link to join: . The room ID is: 229-863-978.

Or to listen by telephone, call [phone] and provide the Participant PIN: 262163878 followed by the # key.

[wanobi] 02/6/2020 07:18

What can I say, had a great sleep last night and woke up to yet more amazing posts, full of helpful advice, experiences to learn from and recognition for my exploits so far (thanx Mj, appreciate the kind words),,, obviously I shall say it again,,, the thread is our thread and is only as good as its participants, so in return I tip my hat to all of you guys,, every single one of you that has posted here over the past 21 months,,,, thank you all :-)

A couple of things really hit home; yep, I am I suppose trying to be all things right now, LT investor, ST trader (not day trader, yet LOL) & now a spread better,,, upon reflection this has kind of snuck up on me as I spend more time at the screen and see opportunity after opportunity to make a few quid here and there,,,,, so I need to have another look at myself in regard to that,,,, thanx..

And, wowzer, this one hit me in the face Rb,,,,, possibly and I say this without checking, had I have gone short prior to all the scheduled AAZ RNS's and presentations I'd have made money around 80% of the time!!! I could have let my LTH run as that's what I want to do,,,, but softened the blow each time with a leveraged short which would have either stopped out had the trend gone against me or made me a nice chunk!!!! Great strategy, one which I'm sure many have adopted based upon the sell on the news nature of AAZ..... Brilliant,,,, thanx Rb :-)

Also, during this recent mini crash,,, I could have left my LTH's in place and gone short on them all in the same way,,, again softening the blow and making money on the downward leg,,,, hindsight though!!

EML - Mj, spot on with the story there,,,, only thing I'd say is that the CEO has nothing else to do right now but sort the permitting and strike a deal which he aims to have sorted by year end with no further dilution in 2020,,,, bit of a punt, but not long to wait to see and a deal could drop at any time :-).... but, I 100% take your point in regard to it... why bother with punts!!

CMB - you have been with me, along with Bumpa, ilost, and a few others from the very start,,,, you have 'busted my balls' on many an occasion, made me think very hard about things, encouraged me, educated me, warned me, helped me and so much more,,, for all of that I am truly grateful :-) thank you....

Bumpa - what can I say to you,,,,, but,,, thanx again and again,,, you may not realise it, but you are highly respected for the way you play this game and rightly so :-)

Rb - your biggest asset if you don't mind me saying, is your temperament,,, along with a great 'live & let live' approach to life, razor sharp intellect and a general coolness & confidence in the things you do --- I've learn't so much from you,,,, big thanx,,, really big thanx,,,,,,, especially for those book recommendations....

MF/DP - I suspect you are or will be highly successful at this game, you have I believe everything it takes to make it big,,,, many thanx for all your assistance and I may just DM you in regard to the SBing if/when I need to... :-)

There are many of you I'd like to thank personally, but, please excuse me right now as I need some breakfast :-) LOL,,,, to all the rest,,,,, thanx thanx thanx :-)

Mj - when are we expecting news from CNG,,, I know it's June, just not sure when in June,,,, thanx....

Cheers
Wan :-)

[wanobi] 02/6/2020 06:44

Good morning all, Good luck and Good Health to you all today :-) Cheers Wan :-)

[brasso3] 02/6/2020 05:05

BTC poked its snout above $10k over night. Is now the time when it breaks out...

I have been topping up on ARB last week. They are one of the most efficient BTC miners around and will be highly leveraged to any moves in BTC.

[riggerbeautz] 01/6/2020 23:03

Yes well put mj, there is a clear art to day trading, Bumpa is pretty good at that and I’ve known him to be for over 12 years now. Despite odd wins, I’m pretty average at best. Sitting tight for longer periods is far easier for me.

[goodgrief] 01/6/2020 23:01

... 4yrs in, then! Just getting a bit impatient hoping the next 4yrs, as it were, happen in a shorter timeframe. Frustrated that Bill's last presentation didn't focus mainly on the strategic update. Did it get as much as 1min? Getting tired of the same old slides. I'll scream if I see that slide of the composition of the board one more time!!

[callmebwana] 01/6/2020 23:00

Wise words Matt
I do it as a hobby. Others do it for the money. I don't really have anymore need for it.
We after all we are individuals in our own ways.

[mattjos] 01/6/2020 22:50

I read all the posts on this thread ... Wanobi, i tip my hat to you as you have come a long way since you first found AAZ & you have created a very inclusive and active thread - well done, sir.What i think many people here stringless with & its really common as I struggled also for years .... do you wish to be an active trader (like a chap on a market stall with Apples & Pears who needs the weekly cash to live off) or, do you wish to be an investor for the long term ?It is a really hard thing to determine about yourself + your relative wealth as at any one particular day will inevitably affect that decision. It is probably hardest thing to learnt about yourself.Daily Trading is exciting .... but, if you want to make £50k per year from it then, you do really need to active and alive to every little nuance of the market each day ... my observation is that Bumpa is good at it and busy at it & enjoys it.If you say, I want £50k per year but, I can take a 5 year view and take £250k every 5 years then, you are unlikely to trade every day or every week or even every month ... the big money is in the waiting & that means waiting on a winner and also waiting for a price to come to where you want it to come to before you buy.

[goodgrief] 01/6/2020 22:32

Wish someone would put a small lit taper under AAZ...

[riggerbeautz] 01/6/2020 22:28

Meantime my Canuck plays are on fire. No stopping ELY even with Wallbridge going back down to near my sale price(feel kind of better about that), up another 18% and near 2 bucks!!! Great gains for Impact and Excellon too. Roxg going back to highs. I’m kind of pinching myself didn’t go in with more but mustn’t be greedy.

[mattjos] 01/6/2020 22:24

ill .... not really examined EML as it is pre-revenue and pre-funding so, likely to follow the usual AIM cycle of huge excitement at this early stage as the potential is revealed (& I accept the potential looks appealing) but, as I understand things, they will need to raise a bucketload of cash and it will be some time before they start to produce so, most unlikely to be plain-sailing between now and production + mining startups are rarely straightforward. I would rather wait and look again once they reach the productive phase and after the inevitable trials and tribulations between now and then.10 years ago i would have been chasing such a stock but, not now.

[riggerbeautz] 01/6/2020 22:22

As I seemed to start this little conversation, I’ll add Shorting via SB’s is something I rarely do, I got lured as a novice into hitting the builders and made a few mistakes but a bear market saved me, it did seem obvious to short certain sectors like retail, with Next, Woolies, JJB being favourites and then moved onto leisure picks and Carnival was the most profitable then.

F.w.i.w I only use shorting in a full on bear phase to cushion long plays I don’t want or can’t exit like AAZ. It’s my belief when everything’s going down, if you can’t beat them join them, no point going against such weight, rather jump on board the down train. Some Retailers through online set ups can ride it out and may do well, but given Covid it was all about picking a stock that can’t, clearly Carnival wasn’t going to be bringing in revenue, the bond sale prop was the saviour in the end.

I’ll just say whilst it made me a real decent 5 figure return, it still didn’t fully cushion my long losses at that moment, but helped.

[callmebwana] 01/6/2020 22:18

LOL, if nothing else sometimes I do get some input on this BB going.
Very good input by you guys and much appreciated by me and Wan,I am sure.
I am too old now to start playing the dark arts. I just invest and see how it goes. Thank you for your experience and input guys.
ATB.

[ilostthelot] 01/6/2020 22:14

Thanks for your insights Matt. Have you looked at EML at all? I'd be interested in your view.

[mattjos] 01/6/2020 22:01

FWIW, the same gent told me that you only need to find two stocks to make enough that you can stick two fingers up to things. Back-to-back two good stocks and you should be sorted.That is from someone who has done this for 50 years.It just takes two good winners .... of course there will be plenty of duffers you encounter in that pursuit but, if you are patient and spend 90% of your time on research and just 10% on actually buying & selling then, you'll get far more right than wrong.Research, Research, Research ... that's the key, imo & in that i absolutely do include TA ... but most people don't have the necessary patience, confidence or discipline to do this + the lure of the latest pretty lady on the dance floor always seems more attractive.

[the stigologist] 01/6/2020 21:57

90% of Spreadbet companies customers lose money

I would never do it

Well done to those who have the skill or extreme luck to do it

Strikes me as the Jesse Livermore world of getting rich and getting poor very quickly throughout your life

I've known Pros to get wiped out

[wanobi] 01/6/2020 21:56

many many thanx guys, really appreciate the experience and knowledge you are sharing here,, if I take the plunge again, it will be very small amounts whilst I seek to master the process and I will surely seek your advice and guidance as I go... cheers Wan :-)

[mattjos] 01/6/2020 21:46

This is a true event ... a gentleman i am acquainted with made over £3m on one stock using s/bets with a company called Worldspreads .... when he came to cash in his gains, it sent Worldspreads bankrupt .. they had not laid off his position!!A few here might remember Worldspreads and its demise ... I do not know the outcome of the subsequent court case other than the fact that he did not get back even a small fraction of the £3m gains he had amassed.Unless you are an inveterate gambler, that sort of s/betting is not advisable & I don't know anyone else who would have had the balls to go into one stock in such a fashion .. but, such people do exist out there but, tend to be very secretive and also hugely, hugely experienced

[mattjos] 01/6/2020 21:36

Lost £20k on s/bets before I made £110k on s/bets. You can make big money on spread betting and a few do but, most do not. Leverage also amplifies your emotions and is not suitable for most people, unless you have a helluva lot of experience under your belt.FWIW, My advice is that if you have an IG spread bet account the., you can instantly open an IG Share Trading account.With an IG Share Trade Account, you effectively have Direct Market Access (DMA) as their 'On Exchange' functionality enables you to BUY on the Bid & SELL on the Offer ... & get into the Auctions.Full DMA access is normally hugely expensive but, you get it for nothing with IG Share account.

[mad foetus] 01/6/2020 21:31

I'd add bumpa you need a big enough gap on your stop to give your trade room to move but if you have it wrong, close it quickly. And try to ride trends rather than anticipate changes.

[mad foetus] 01/6/2020 21:30

I spend a lot of my time on a chat room with full time investors. The majority of us probably bet, but a fair few blew up their accounts first time around. I was certainly lucky not to get wiped out. These days unless you go for the professional status (which gives you more leverage) you are only liable for what you invest, so you don't need to worry about losing your house. But if the US market tanks and you have 100% exposure to UK shares on your account, a 20% drop in the bid price would mean you lose everything. That's why I took some money out for a car and I'll take some more out shortly, and then at least be able to say that what's in there is all profits. It is a very good way of trading US stocks and going short though, but shorting is a difficult art. Not half as easy as you might think. TSLA showing why very clearly

[bumpa33] 01/6/2020 21:27

I would add though, if you’re gonna short you gotta be ruthless if a position starts going against you, unless you really understand the mkt/stock/commodity etc you are betting against.