Anglo Asian Mining Share Discussion Threads

[wanobi] 12/12/2018 08:22

morning all, good luck today with whatever you are doing, TXP buyers are back :-) AAZ has the 5K multiples seller gone? ORM share price in wait for news mode........ cheers Wan :-)

[mattjos] 12/12/2018 08:10

Another 1.7% off GBPUSD today!

[wanobi] 11/12/2018 22:16

Rb, agreed, I could not possibly contemplate trading at this stage of my learning... I just don't have the time or tools to do it. thanx for the link, I will read over the weekend. cheers Wan

[riggerbeautz] 11/12/2018 21:15

You’re welcome Wan.

By the way Bumpa usually provides me the odd idea for my long plays, like AAZ then leaves when he’s made his 10-50% returns, leaving me to buy the low and ride the dips....just saying; trading unless you have such as inside track, DMA, real good brokers etc is a mugs game that the sharks feed on.

Don’t ever swallow Guru’s hype would be my humble advice but Tony C is a good commentator if nobody has mentioned it, nobody ever calls it right all the time, anyone who proclaims to do so is a trucking liar.

[wanobi] 11/12/2018 21:06

the art of brinkmanship lol, cheers Wan

[bumpa33] 11/12/2018 21:06

Ha, just read your last post Rb...!

[wanobi] 11/12/2018 20:51

will look it up Rb, thanx, cheers Wan

[wanobi] 11/12/2018 20:51

yes, thought you might Bumpa :-) lol Wan

[wanobi] 11/12/2018 20:49

lol, I'm not surprised by your initial thoughts of me, I'm sure if I looked back now I'd feel the same about myself, lol, it was not the best of starts or my finest hour by a long way,,,:-) oh well, water under the bridge now, I've learned a lot in the last 4 months and it's been great fun, plus I'm actually up,,,,, well on paper anyhow,,, thanx for your good wishes, best of luck to you also, cheers Wan

[bumpa33] 11/12/2018 20:47

I’d take exception to WB’s number 8 😳

[riggerbeautz] 11/12/2018 20:44

Thanks genuinely wish you all the best of luck Wan,

Seems you have attracted a few sensible posters clicking through a few pages. Funny, last time I noticed you, I thought you were a complete nutter with verbal diarrhoea on the other AAZ thread and said as much to Bumpa, but you must have something for him to entertain you, because he can be a vicious git when he wants to be :)

Cheers

Edit: Wan as it’s Christmas and the markets shut odd days, get Free Capital by Guy Thomas on your Santa list. It’s the U.K equivalent of Market Wizards stateside.

[conundrum] 11/12/2018 20:43

"The Sage of Omaha" reference at the end of my post, is a phrase often used in the press when refering to Warren. He was, a few years back battling with Bill Gates for the title of the worlds richest man.

Warren has since given over 30 billion dollars to charity, and is still one of the wealthiest men in the USA.

[bumpa33] 11/12/2018 20:42

thanks wan, this is a nice thread to reside in, stops me from arguing with all the muppets in the pump ‘n dump threads :)

[wanobi] 11/12/2018 20:34

conundrum, those are scary words for a newbie like me, but, hopefully I'll be ok :-)

Great WB advice, thanx for posting the link.....

Vintage Value Investing
Experience is the ultimate key to be a successful investor.

1. Diversification isn't always a good idea
Buffett waits for opportunities to buy good stocks, and when those opportunities come his way, he takes full advantage. According to Buffett, "When it's raining gold, put out the bucket not the thimble."

2. Invest in yourself first

3. Trust yourself to be a successful investor

4. Only make investments that you understand
If he's not able to understand it in 10 minutes, he moves on to evaluate another company on this basis.

5. Make sure you choose the right news to focus on
Buffett believes in the 99-1 rule. Most investors take actions based on 1% of the financial news they consume.

6. Buying a stock of a company is buying a part of a business

7. Learn from your mistakes and move on

8. Don't be a day trader
"If you aren't willing to own a stock for 10 years, don't even think about owning it for ten minutes."

cheers Wan

[wanobi] 11/12/2018 20:26

welcome to the wrong AAZ thread Riggerbeautz, no offence taken, lol, you are correct, the mattjos thread is by far the best for AAZ :-) Cheers Wan

yep, Bumpa is one of the good guys, that's for sure :-)

[bumpa33] 11/12/2018 20:21

Evening Rb, long time :) i’ll drop you a line re: the old fella.

[bumpa33] 11/12/2018 20:17

And late in the day the cavalry ride again...!

[conundrum] 11/12/2018 20:13

"When a person with money meets a person with experience, the one with experience ends up with the money and the one with money leaves with experience."

Sucsesful investors don't all play the market the same way. We all have different personalities and skills, so it is good to reflect on many different approaches, before hopefully finding a way that works for you.



From the Sage of Omaha.

[riggerbeautz] 11/12/2018 20:08

Howdo Bumpa,

So this is where you hang around now? Only really look in occasionally just happened to press the wrong AAZ thread. Anyhow only posting here to ask if our old friend is ok? Think I’ve lost both your email addresses and last I heard he’d go5 a bit of a serious op looming. If you still have mine ping me an email if you know.

See you’re in full on trader mode.

Wan, you’ve picked a good ally to learn from here ;)

[wanobi] 11/12/2018 20:07

thanx Bumpa, appreciate your concern.... cheers Wan

[bumpa33] 11/12/2018 19:25

Exit plan Wan, don’t get married to any stock.

[bumpa33] 11/12/2018 19:19

Cheers Wan, not a solicitation to buy it, just interested in thoughts :)

[wanobi] 11/12/2018 19:19

welcome Adam, exit plan, TBH no, not really!!!

I know,,,, 'fail to plan is to plan to fail' and all that, but, honestly I haven't really... .......... :-)

Right now I think TXP, ORM & AAZ all have great long term prospects, should the metrics used to determine that view change or they keep falling,,, then my desire to hold them will change, but no, I'm not sat here thinking I'll sell TXP at 30p or ORM at 20p or AAZ at 250p etc.....

Please, do share your exit strategy if you wish,,,, although,,, I fully understand should you wish to keep that to yourself....

Thanx, cheers, Wan

[wanobi] 11/12/2018 19:12

will do Bumpa, cheers Wan