Bushveld Minerals Share Discussion Threads

[dmitribollokov] 14/11/2018 10:05

Yeah that annoyed me, no free discussion. Other views don't get ripped apart by logic either, some of the prima donas just collectively shout "deramper", "short attack" etc until it gets too dull to respond...

[jc2706] 14/11/2018 09:42

True. But it does mean that posts that do not strictly conform to certain lines are generally ripped apart. I have been on the end of that on the odd occasion.

[dmitribollokov] 14/11/2018 09:40

I don’t mean that disparagingly, there’s some great posters.
There has been a cult like following around that though and that’s not a bad thing if you’re long shares...

[bmnsa] 14/11/2018 09:40

LOL
Did a dummy sell and was offered very close to Buy price rather than the sell price,so trades are unreliable as to direction we are heading.

[jc2706] 14/11/2018 09:35

Now now. Whilst there is the odd 'cult' member on LSE there are also some excellent posters who provide phenomenal research.

[dmitribollokov] 14/11/2018 09:27

Definitely seems to be, it's been held in cult-like PI hands for ages, now starting to transition. Golden Summit move was interesting. It's not in the hands of Fidelity and blackrock yet, but we're definitely transitioning to more smart speculative IIs. The cult like PI hands are still pretty sticky, so it should be an interesting tussle

[jc2706] 14/11/2018 09:10

I agree that there appears to be stake building. Unsurprising given the strength of Vanadium with more predicted but perhaps the trigger is the prospect of a dividend policy with a payout to come soon afterwards. That would attract a whole new class of investor (see AAZ share price subsequent to a maiden dividend announcement).

[dmitribollokov] 14/11/2018 09:09

The difference here is that this isn't a re-rate of an E&P company years away from production. It's a company already chucking off tons of cash, that is preparing to start paying divis.

It is way undervalued on a simple P/E basis on what it is currently earning. Yet it is also a massive growth story too. It could be double the current share price and still be way undervalued...

[momentum1] 14/11/2018 09:00

Remember that 50% of stock is held by institutions and this has reduced the free float considerably. Certainly stake building going on here and will be interesting to see who it is in the next TR1 notification

[jakecat1] 14/11/2018 08:28

Reckon if the sales going at 50p get mopped up, and I see no reason for them not to be, there will be a fairly easy run to 60p. Good luck all.

[dmitribollokov] 14/11/2018 08:19

And above 50p

[dmitribollokov] 14/11/2018 08:12

Multiple 50p prints, good lord that’s a milestone.

49.7-50p bid offer too, epic!

[bmnsa] 14/11/2018 08:09

+2 already

[dmitribollokov] 13/11/2018 21:11

The UT trade is the closing price as its SETS. There is nothing in it that alone that suggests the opening price will be the same, higher or lower. The making of a marubozu candlestick is bullish.

[jc2706] 13/11/2018 20:28

The 47.5p close was an uncrossing trade. Like yesterday this was at full ask so the price will open below this tomorrow which creates the appearance of a fall. Nobody was deterred by this today and I suspect that they won't be tomorrow!

[jakecat1] 13/11/2018 17:44

Great company to be invested in. Fairly well 'Brexit-proof' as well hopefully.

[dmitribollokov] 13/11/2018 16:47

close at the high again 47.5p, jaysus.

[coldspring] 13/11/2018 15:03

Havent watched the presentation but will do later. Its also my first bag with today at 45p. Not selling a bean will probably buy more if anything.

[bmnsa] 13/11/2018 15:03

Not often you get a share that just keeps on giving,it is relentless this push up day after day.And this is even b4 the big news comes out.

[momentum1] 13/11/2018 14:41

Outstanding presentation. Quality management team, solid strategy. A very happy shareholder.

[momentum1] 13/11/2018 12:20

Bushvelds role I battery RM to be discussed in Fortunes presentation this afternoon. Clearly this is disruptive technology for the battery industry. Looking forward to how BMN will benefit from this market.

[dmitribollokov] 13/11/2018 10:33

and away we go

[dmitribollokov] 13/11/2018 08:38

momentum - agree, but feels like it's going to be a wilder ride than that on it's re-rate to £1

[jakecat1] 13/11/2018 08:29

Looks like my preference for slow, steady 'under the radar' rises may be blown out of the water... Good luck all.