Asa Resource Share Discussion Threads

[blueball] 19/7/2016 08:48

Was expecting another 10% rise today.

[hazl] 19/7/2016 07:46

Wstirrup what amazing links thank you!
I have posted the tipping point one on the sha thread.
There is change everywhere and the wording in that piece reminded me of the amazing changes unfolding here currently.
We live in dramatic and sobering times.

IMO

[wstirrup] 19/7/2016 01:24

Perhaps, THIS time, is the time to buy as politically... Mugabe is now on his last legs...







That and the rise in commodity prices, may be just what the good Doctor ordered...

W.

[blueball] 18/7/2016 16:48

Kumo break-out today.

[luckymouse] 18/7/2016 14:52

Lot of ramping & bashing from you apfindley across the boards?

[mreasygoing] 18/7/2016 14:52

Why are you here AP ? We're masochists we don't need your counsel.

[apfindley] 18/7/2016 14:29

Chart?Resistance?U for realWe are awaiting results from a period of depressed commodity prices and are very likely to be reporting losses, but people go on about charts and give prices based on charts, not on business performance.Wow. Insane

[mreasygoing] 18/7/2016 14:19

Looking at the chart once .8 is broken decisively there is little resistance to 2p.

[redtrend] 18/7/2016 13:27

Like most I'm not expecting much tomorrow in terms of profit, as we're all aware it was a pretty flat year from the quarterly reports and likely show an overall loss based on outgoings (smelter re-furb, slaughterhouse purchase etc. etc.).

However maybe there will be a surprise and a release of new info in the Annual Report we're not aware of yet? Results from the Hailang drilling for the copper assets which we know is complete from RNS in May and plans moving forward?

There have been a huge amount of buys in last couple weeks and in the grand scheme of things, the share price hasn't moved much considering the volume. It is hard to understand what is going on behind the scenes, especially as a RNS hasn't been issued on changes to shareholder holdings - something in the annual report, pre-empting the quarterly report as fundamentals have improved vastly, or something else going on?

Forward looking, I'm more interested in the next Q report in couple weeks time or whenever it's planned to be released.

[mreasygoing] 18/7/2016 12:57

The chart is looking nice. The high volume recently is a clue to a big move ahead. The fact they want to go public a week ahead is also a good sign. I just hope that they are getting a good presentation ready. Later this month we should see more data from them.

[luckymouse] 18/7/2016 12:55

Hi Brahms - yes its a good technical set up - shows expectation. Obv the co has to come up with something fair.

Either good news, or maybe end of world news which turns out to be better than expected. Either will do the job.

ATB LM

[hazl] 18/7/2016 10:31

WHAT POSTERS IN 526 don't seem to realise is that the stock market is about the future not the past.
I have seen great results on a company met with a sell-off because the future was the over riding factor and vice-versa.
I am with mr easygoing;not expecting brilliant results but hoping that the gold aspect of them might carry them through the difficult time for base metals.
I don't know how it will pan out but in these sort of shares I try to get them running on their profits as soon as possible so that you are less at risk.
Its not always possible of course.
One day base metals will be back in trend as well of course but I think its a way off yet.
The company looks a reasonable bet to me for the future,but best to not 'bet the farm' as I always say.

Good luck folks.

[brahmsnliszt] 18/7/2016 10:10

Nice line there LM. Broken trend line fairly convincingly imo.Long at an ave of 70.

[nikhilraj] 18/7/2016 10:03

It's not about the full year report as at 31.3 the first quarter numbers for this year will be more interesting

[apfindley] 18/7/2016 09:54

Well the results get reported soon.How much do you think it will drop?Going to be losses reported.Even the nickel results, as reported by Bindura, were dire.And dont forget, that's Bindura, they are reporting their own results.When Asa/mwana report theirs, it can ONLY BE worse than Bindura results as we have our own administrative and other working requirements and expenditures to add ontop. I dont think the results are going to be anything like you guys are hoping for.

[mreasygoing] 18/7/2016 09:47

They have a habit of that. Prepare to be a long term holder like me to avoid disappointment.

[skidaddle] 18/7/2016 09:37

After three and a half years one would hope so!

Does look like a back test and ready to spring board upwards assuming the management don't disappoint tomorrow.

[hazl] 18/7/2016 08:31

So in layman's language you expect it go up LM.

[luckymouse] 18/7/2016 02:02

free stock charts from uk.advfn.com

[mreasygoing] 15/7/2016 15:55

The chart has formed a nice higher low in recent times. Not a time to be selling.

[mreasygoing] 15/7/2016 15:41

My buys have gone through ISDX.

[mreasygoing] 15/7/2016 15:16

Down on low volume. More like a top up opportunity.

[trevorm2] 15/7/2016 14:53

Always take a little profit here. Never seem to stay up. Gla .

[hazl] 15/7/2016 08:16

The 19th and alongside the general stock market/price of commodities will give us likely direction.
Wait and see mode.

IMO