Asiamet Resources Share Discussion Threads

[mr roper] 21/5/2018 10:21

Lol...good work detective! ;0)

[dorset64] 21/5/2018 10:19

arsmad121 May '18 - 08:43 - 13706 of 13714

looks like my suggestion of JPM selling could be correct..
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Looks to me you're talking nonsense, check your own posting history and you'll see you've never before mentioned JPM selling in your few short days of ADVFN membership.

Also, within a few short minutes of you posting, your alter ego CupidStunt begins posting, uncanny coincidence no doubt.

[horneblower] 21/5/2018 10:17

With this share, as with most, you need patience. Neither the the fundamentals nor the chart suggest any immediate gratification, so, if you can't stand to wait months and years this stock is not for you. Most people's expectations are for 20p by, perhaps, November and 40p maybe in eighteen months time. Anything sooner than that will be a bonus.

[dorset64] 21/5/2018 09:35

siovey20 May '18 - 16:23 - 13696 of 13713

I mentioned ARS on the TPL board a few times to TI by saying that if he re-invested his TPL remains in ARS, I was sure he will make it all back plus some. Unfortunately I don't think he ever has and is a prime example of never ever investing more than you can afford to lose.

I am still left with circa 1m shares in that disaster and as Mount Teide said earlier, when you've experienced a disaster in a share or two, and I have with both TPL & Hawk, then it focuses your mind not only on the assets of said company, but also the management in any future investment.

[bat5hit] 21/5/2018 09:10

I get where you're coming from, but the sells could be traders. Could be some people just need money and they don't want to/can't risk this.

Some people would rather wait for solid news and pay a higher price for a safer bet. It's easy to forget but there is still risk involved here.

[bobby1904] 21/5/2018 09:09

There are loads of big holders from the early placings below 4p with m's of shares. Your guess ref JPM is to best of my knowledge wrong...

[arsmad1] 21/5/2018 08:59

if its not them where has all the large sells come from since last year,genuine small holding shareholders may take some profit but were talking millions of shares in large blocks and what idiot would sell with all the so called excellent news to come out when they can wait weeks and enlarge their profits.weird.

[tektonik] 21/5/2018 08:56

I don't understand why people expect this to grow exponentially every week, absolutely nothing goes up in a straight line. Not one fundamental has changed negatively since I invested almost a year ago today. Patience and comfort with your own investment is required.

[bat5hit] 21/5/2018 08:48

Arsmad, surely there's have been an RNS by now if that were the case.

Long and strong, although these dips never get easier to deal with!

[arsmad1] 21/5/2018 08:43

looks like my suggestion of JPM selling could be correct, if so who

[mr roper] 21/5/2018 08:38

What will be, will be. It's a long road and we'll have these frustrating periods occasionally. Saying that, as we know it can all change in the blink of an eye.

[librayang0925] 21/5/2018 08:37

Now you can buy below the placing price

[charles clore] 21/5/2018 08:28

On Friday somebody said something about the price going up today. Well its down already and I wouldnt be surprised if it is being shorted.

[mount teide] 20/5/2018 22:10

tomcorvid - A surprising number of very wealthy professionals such as doctors, solicitors and accountants as well as small/medium size business owners like to short term trade equities if my son's client list over the years is a reliable guide.

These are the trading accounts that are mostly responsible for generating the often stratospheric levels of trader commissions, due to the size and frequency of the positions these clients make (the company/trader gets a commission every time a trade is placed regardless as to whether it wins or loses) - so the trader's job is to get as many wealthy clients as possible trading from the sales leads provided, and to get them to trade as frequently and as big as possible.

One of my son's clients holds a very senior position in the Nigerian Civil Service and has lost £millions trading equities via CFD's over the last few years, routinely shrugging off his often huge single trade losses as if the money he used to fund his account had been stolen and therefore no loss to him!

Many of his wealthier clients simply like to gamble and view short term trading of equities as the professionals equivalent of your average punter putting a bet on with his local turf accountant.

[tomcorvid] 20/5/2018 20:52

MT, I think I interpreted the term you used to have a much wider definition than your explanation err, explains. I assumed you were referring to any and all PIs who trade in stock on a frequent basis chasing rainbows and returns. I can see how the 96% stat I took to apply only to forex spread trading can also apply to high frequency momentum stock trading as it is essentially the same psychology. The data I have only specifically mentions forex though and this was widely reported, parroted and regurgitated inaccurately and ad hoc. It is interesting to hear that an insider's data so closely matches the published research on this subject.

You would have thought that over time such businesses that have low barriers to entry and a high turnover of clients would eventually run out of punters and would have their margins squeezed to the point of zero profitability, but apparently not.

[mount teide] 20/5/2018 20:19

tomcorvoid - i actually said 96% of Short Term equity traders lose money over the longer term.

That information came directly from an industry insider - my son - employed for the last 5 years as a senior 'Trader' with a major equity and forex spread bet and CFD service provider in the city. (The data has been generated from the firms clients over a 8 year period).

His job title as a senior 'trader' is a complete misnomer as in reality he is actually a very high earning sales executive, as the principle role of the job is to convert new sales leads into active trading accounts, because of the massive turnover of clients these businesses experience.

He said very, very few of his clients have ever made money over the longer term - other than a few pros who never put up more than 1% of their capital on any position and: close out any losing position immediately should it go more than circa 1% against them - they let the winners run with a very tight trailing stop loss(circa 60% of all their trading positions are closed out at a small loss).

Many of the 'traders' employed by these Spreadbet and CFD service providers are like my son, high performing sales executives from other industries with little or no previous experience of equity or fx markets. The reason they are attracted to the industry is that it is possible to generate huge trading commissions, propelling salaries well into 6 £figures.

[walter walcarpets] 20/5/2018 19:12

The coming copper crunch

[tomcorvid] 20/5/2018 18:31

MT, sorry to be pedantic but 96% of traders do not lose money. The stat is that 96% of forex traders lose money, and that still isn't accurate as it should be 96% of forex trader's spread bets lose money. The distinction is moot though if you consider that the majority of frequent traders in stocks make lower returns than they would have done by holding and, as you point out, are a source of liquidity in the market.

I have a thing about horribly inaccurate facts being repeated without any critical thought. Its my problem and i'll deal with it!

[walter walcarpets] 20/5/2018 18:28

Tethys.....great assets, appalling management. Taught me to look much more closely at management. A lesson learned there.

[siovey] 20/5/2018 16:23

Ahh, tethys.. after that debacle I put the last remnants of my cash in here after selling out there after the delisting rns. I will be forever grateful to whoever recommended this on that board!

[mount teide] 20/5/2018 15:49

bmcb5 - feel free to post whatever and whenever you want - it will not in any way upset my sensibilities or i'm sure those of the vast majority of ARS shareholders

Nothing i like more than to debate the merits of the investment case of a company and to gain access to new company specific, macro or mining sector information, positive or negative to the investment case.

Earlier this decade i attended an Investment seminar in London to see the CEO of subsequent investment disaster Tethys Petroleum give a company presentation to mostly II attendees - the presentation immediately prior was given by Nick Clarke CEO of CAML, a company i had never even heard of.

Nick so impressed with his presentation and 'we don’t overpromise and under-deliver' approach during a one on one discussion at the networking session afterwards, that it triggered a long period of research on CAML, culminating in a rather fortunate disinvestment in Tethys and re-investment of the proceeds in CAML; that with averaging up and profit is now the largest holding in my portfolio.

The principal reason i sold out of Tethys and re-invested in CAML following the seminar, was because, at the networking session with the speakers afterwards, the Bentley driving, Channel Island mansion owning CEO of Tethys couldn't be bothered to attend(sending out some of his woeful underlings), while straight talking Nick Clarke cheerfully allowed me to ask some extremely direct questions about his company in what proved to be a very free and fair exchange of views, without him getting upset in anyway - as he said "its your money and i would be asking exactly the same questions if i were in your shoes".

[bmcb5] 20/5/2018 12:55

Thank you all for your feedback. It's clear to me now, that I misjudged this board, and it's contributors. I will continue to DMOR as always, and will look in here and leech anything that may be interesting. But I won't contribute anything from my research, because I now realise it might upset your sensibilities.

[mount teide] 19/5/2018 14:18

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