Empire Metals Share Discussion Threads

[institutional investments] 14/4/2024 20:36

Looks like

[institutional investments] 14/4/2024 20:15

I would easily shoot 10 under at Augusta today.

[institutional investments] 14/4/2024 18:43

Great football today. I'm sure the golf will be as entertaining

[saracen3] 14/4/2024 18:11

Talking to yourself again.

Understandable as am sure nobody listens.

[vlad the impaler] 14/4/2024 15:31

Maybe a global collapse will help EEE

Global growth slaughters it lol

[vlad the impaler] 14/4/2024 15:30

Most interesting, is Isreals willingness to ignore the US.

Already under pressure at home to retaliate. Most likely depends on their next gaza timing

[manlord1] 14/4/2024 15:28

Fully respect your views Geko & no need to reply again. This was about Empire news dropping, not a war thread so I'm happy to leave it where it is ;-)Enjoy your Sunday. ML

[vlad the impaler] 14/4/2024 15:28

Fairly sure msrket sell off was sell before Iran attack

[geko5trade] 14/4/2024 14:58

manlord, sorry I hadn't read your last two posts when I posted. I'll read them again later but I think I stand by my logic. Of course I reserve the right to change my mind at any stage!... like on monday morning, afternoon, tuesday...!!

[geko5trade] 14/4/2024 14:53

Well manlord I hope it's too strong a word! I do agree with you that it is better to announce news when there aren't issues overshadowing. I also agree that the markets don't like instability. Obviously I don't want to turn this into the political thread but my logic is that this event may have done as much to stabilise as destabilise. We have seen the strength of the Israel/US/UK alliance and more importantly the effectiveness of that defense against a major multi layered Putinesque missile attack.
This is a relatively new form of warfare and the outcome would suggest that the US in particular is up to the job. This is something that (imo) was far from certain. This also has positive ramifications for a prospective war in europe. The event could also, for the time being, satisfy Iran's supporters that they've given Israel a bloody nose. They'll claim they have, Israel that they haven't. If handled with diplomacy this could be a win win. It may also strengthen Biden's campaign and although I'm not a Biden fan I think he's the lesser of two evils by a country mile and Trump could further destabilize europe (though of course he's a totally loose cannon and nothing if not unpredictable!).
Overall I see it that some event was factored in and the fact that it was a direct attack of greater magnitude than many expected, and proved not to be catastrophic, has some positives. But yes I know, it's where do we go from here...

[manlord1] 14/4/2024 14:51

Finally to your last accusation or statement of me never making any money. Since 2012 I've recorded an average of 17% increase on my initial investments. I've had bad years yes, who doesn't but overall investing has been financially fruitful for me. Currently holding close to 1% of Empire shares in issue with a 189.9% gain to date. You might now explain why you said "it's no wonder you never make money!" ML

[manlord1] 14/4/2024 14:43

Now getting to your question to explain myself, ok I will. I'd like you to respond outlining your counter arguments to assist your stance where you refute my thoughts and resort to name calling. Proper adult discussion shall we say. Talk of war (news purporting WW3 across all media platforms) brings about a level of uncertainty which markets typically do not like. The anticipation of war has almost always lead to a sharp sell-off in stocks across the world but at the same time investors traditionally move to "perceived" safer assets like gold, bonds, or currencies.Recent Examples:Russia / Ukraine in Feb 2022 rattled global markets to the point the S&P 500 index fell more than 8%. The latest conflict between Israel and Palestinian which began Oct 2023 the S&P 500 sank 5% on the first trading day. Now I'm no expert, but I am heavily researched & it's clear that history tells us that instability & uncertainty like we're seeing now are when stocks suffer the most. A 2015, French / Swiss researchers looked at military conflicts after WW2 & found that when there is a prewar phase it tends to decrease stock prices (like potential pre-war phase now) but actual outbreak of war increases them (war has not broken out yet). I'm sure you know this is called the war puzzle!The reason I said "crash" (too harsh) but certainly a red day is because many Gulf states are now involved (Qatar asking Iran to stop), Saudi Arabia also with Russia backing Iran is Israel attack back, means that any indication of a broader regional war (however unlikely) may have a more severe impact on the markets next week, especially on oil and other commodity prices.This is why I said I wouldn't like our drill results to be communicated as I believe they would get lost amongst the bigger news out there. Will any drop be recouped & stabilised? Absolutely! But not over the first few trading sessions as people scramble for positions of relative safety. Now to which stocks will fall? I can't tell you which ones will fall but what I will do is tell you which ones are likely not to fall, in fact could increase just like BAE systems will (Defense stocks)In general, companies that deal in or produce weapons & armaments tend to fare the best during pre- wartime & of course a wartime environment. Energy companies may also see a boost during such conflicts that result in higher oil and commodity prices. I hope that's been detailed enough for you. I'll look forward to your counter points Cev. ML

[manlord1] 14/4/2024 14:08

Excuse me Cevodniya,Try to engage like an adult with some respect & you might be surprised to see it reciprocated. Take a leaf out of a Gekos book & behave like a civilised person. Based on your reply, the circus looks to be missing only one clown this weekend & I've looked, there's no face paint on me. ML