Anglo Asian Mining Share Discussion Threads

[homebrewruss] 05/6/2019 10:20

Bumpa, BIDS is obviously bluesky but ZOO got up over a p/e of 100 last year on promise of high revenues from netflix and PRSM had a market cap over 2bn last year with no profits.

BIDS is in a very hot sector with Google (and others) set to announce a streaming model for games this week and 5G about to take off etc - all good for the BIDS model.
BIDS have broker revenue forecasts of over £5M for this year and £20M next with an approx 40% margin. It remains to be seen if these will be achieved but they have brought some quality hires on board.

You can understand the excitement but your point of view is also valid.
I'm in for the ride, it has a lot of momentum.

[bumpa33] 05/6/2019 09:46

interesting expose on DGOC

[ptolemy] 05/6/2019 09:44

Matt,

I agree with much of your post 22566. Given your 'global reset' scenario, however, I think it is naive not to mention the greatly increased political risk to the AAZ PSA that would accompany the impending global turmoil. I doubt it will be 'business as usual' for a minnow gold/copper producer.

[bumpa33] 05/6/2019 09:40

at £64m i'd say BIDS is priced to (absolute) perfection...

[terropol] 05/6/2019 09:38

The question is:
IS THIS THE LAST BELOW £1.00 train leaving the station???

[sportbilly1976] 05/6/2019 09:37

98.9p+ trades are buys

[cinoib] 05/6/2019 09:36

No buys showing as yet on my screen, only sells yet cey is up near 3% as is keeping up with rise in pog.

[2sporrans] 05/6/2019 09:36

"It is strange but this share does not seem to align itself with the price of gold going up or down."

Ahhh, wait for the H1 financial take, embodying the POG enhancement to cashflow over Q1 and maybe even moreso Q2. That ought to pep up the sp; the divi too perhaps.

[callmebwana] 05/6/2019 09:21

Good morning all.
Wan,take a little look at AMC thread, some news there by a Chines guy, Leechang.
Buy on rumor sell on news ??
please DYOR etc.

[sportbilly1976] 05/6/2019 09:17

thanks whoever mentioned BIDs on here a week back...took a few at 25p then.

one of those to tuck away and see how the potential materialises. Won't be enough to retire on, but a nice winner should the hyperbole on the thread come true

[jbe81] 05/6/2019 09:13

BIDS keeps moving up

[klosters65] 05/6/2019 09:10

I bought some more this morning through IG but the trade does not showIt is strange but this share does not seem to align itself with the price of gold going up or down.

[2sporrans] 05/6/2019 09:07

"if the government made the decision to "relieve" savers/investors with over a certain amount of cash/assets and used it to pay down all government borrowing it would not be a wholly bad thing"

What would be good about this drastic measure?

Effectively, a wealth transfer from private to public sector; also a big reduction in private sector investment to achieve at most a small one in public sect., given the total debt repayment.
For 1 thing, some Gov't debt is fine, the issue is the GDP:debt ratio and whether the level is sustainable.
Paying down ALL the debt, suddenly, is not remotely called for.
Yes UK has prob. but it's the debt that so many of its citizens has loaded up with + some of its companies [esp. those dependent on bank credit] that presents greater problem.
Though i do concede the greatest ticking bomb of unfunded Gov't liabilities [State pension biggest element] is huge nettle to be grasped - but this ain't the solution.

We need more growth, not less.
How is starving private sector investment going to help that?

Not as if you are even proposing some kind of fiscal boost, bigging up say education and infrastructure - of the future as well as today's needs.
They would have virtue, though Gov'ts records of efficient use of capital v private sector is ....not impressive.
But you ain't.

And btw, the UK Gov't Debt:GDP ratio, though too high at around 85%, isn't hasn't been rising much past 5 years:

The German one has actually been decidedly reduced over recent years but without recourse to any such drastic wealth transfer.
It's their efficient investment + educational/training that has kept them buoyant.



"Germany recorded a government debt equivalent to 60.90 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Germany averaged 66.26 percent from 1995 until 2018, reaching an all time high of 81.80 percent in 2010 and a record low of 54.80 percent in 1995"

cast eye down table of states...the one topped by Jap. with over 250% Debt:GDP, Italy
132%. Now they really are desperate for econ growth.

[podgyted] 05/6/2019 08:44

Yup - considering whether to buy more - but strange no movement here.

[2sporrans] 05/6/2019 08:30

Yours that 2k Nex buy pt?
The only significant trade of session, thus far.

[lefrene] 05/6/2019 08:27

LLB, plotting to give it a shake to harvest some stock perhaps!

[lefrene] 05/6/2019 08:24

Wot? It's put a skirt on? :¬)

[cinoib] 05/6/2019 08:19

Yes $1336 and still no movement, gold deffeminately on a flyer, maybe on a 737 max so AAZ is waiting for a safer flyer.

[podgyted] 05/6/2019 08:19

Bought some for 98.95p.

[laurence llewelyn binliner] 05/6/2019 08:17

#Lefrene, give it time.. our MM's are still having breakfast.. :o)

On the subject of 'eggs in 1 basket', what are folk doing with their ISA's..?

Given FCA protection per banking institution, anything over that level is at risk, some platforms won't allow transfer in, and liquidating shares in 1 product to buy back in another is a PITA with multiple logins to be able to do it and annual limits to consider, worse problems to have of course, but it does present it's own frustrations..!

A reminder of Cypriot banking failures is no bad thing, that did happen..

[wanobi] 05/6/2019 08:09

yes oakey, thanx, break that 2p resistance line and it should break up towards 4p :-) GLA cheers Wan


free stock charts from uk.advfn.com



free stock charts from uk.advfn.com

[lefrene] 05/6/2019 08:07

Gold 1334, and AAZ not moving up?

[oakey1] 05/6/2019 07:39

AAU finals not bad at all

[sharekitchen1974] 05/6/2019 07:36

relieve" savers/investors with over a certain amount of cash/assets and used it to pay down all government borrowing it would not be a wholly bad thing - and then you woke up from that dream