Fresnillo Share Discussion Threads

[bogotatrader] 04/8/2020 16:03

Look at Silver flying

[bogotatrader] 03/8/2020 20:49

Useful after hours trade volume

[lovewinshatelosses] 03/8/2020 17:39

Erik rather, sorry.

[lovewinshatelosses] 03/8/2020 17:37

Thanks again Eric. I will try and track some stocks this week and see if I can get the hang of that strategy.

[eriktherock] 03/8/2020 17:27

agree & agree. To keep it very simple and to limit downside, if the trend is up on the daily, you are only going to look for a retracement down to support on the 30-minute chart. That's where you should become a buyer.

[lovewinshatelosses] 03/8/2020 16:43

Yep, timing a sell is hard, even if you have reached your target and banked a good profit!

[irbowm] 03/8/2020 16:02

Yes it's solid but the when to buy sell is the hard part, for me selling is my problem but that's life.

[lovewinshatelosses] 03/8/2020 11:57

That sounds like a solid strategy irbowm!

[irbowm] 03/8/2020 11:21

lovewinshatelosses31

I use fundamentals and general sentiment to find companies I like and technical analysis to help with the when to buy / sell.

[lasata] 31/7/2020 11:55

Exhaustion weekly candle shaping up on silver….time for some consolidation

[lovewinshatelosses] 31/7/2020 08:58

I am going to do some proper research into the deeper principles of technical analysis; there is so much (often conflicting) material on the internet, that I tend to look at fundamentals for the larger caps, while also taking into consideration macro and sector specific risks/opportunities. The chart and trend stuff is a language that I need to learn to add to my existing basket! Thanks again E.

[rpt_regal_petroleum_buy_now] 31/7/2020 08:21

Buy JKX - best buy at the moment in O+G sector.

Up yesterday against market trend, up again today.

11,000 boepd production|||pe 2.6 ||| price to book value 0.20 ||| Return on Capital. 14.4% ||| Return on Equity 12.3%. |||Operating Margin. 31%. |||book value £146m ( present MCap £30m!)||| earnings yield 125% |||book value per share 85p |||EV £19.9m |||debt free |||cash rich ||| Gas prices rising

[plunger2] 31/7/2020 08:19

It's a grim situation watching the pandemic get worse.
I can't see any way out except printing money overtly or covertly.
That means PMs have to be somewhere at some level in your portfolio.
That means in time FRES POLY loads of others - take your pick.

I know it's fanciful but worth reminding oneself that FRES's mark cap is 9bn AAL 27bn RDS 95bn. This can mean nothing at all but if real panic develops over fiat currencies then one might need to remember it.

JMHO

[eriktherock] 31/7/2020 08:13

You're welcome lovewin. It's not my thoughts but my reading of technical analysis.

[lovewinshatelosses] 30/7/2020 21:48

Thanks for your thoughts Erik - here's hoping for a return to positive territory very soon. Was starting to get used to never ending higher highs and a pleasant change from periodic averaging down here over the last couple of years!

[riotinted_specs] 30/7/2020 19:49

Thank you very much, precisely the sort of fund or ETF/C I am looking for. Just a bit gold heavy at 70%. I am really looking for something more closely linked to Silver

[eriktherock] 30/7/2020 15:41

Trend is up on the Daily and we've just touched support on the half hourly

[lovewinshatelosses] 30/7/2020 15:34

So, do we think this is a change in trend, or a short term retrace? I think the latter, but maybe I am just being hopeful?!

[trader536] 30/7/2020 13:43

It's official — the coronavirus pandemic has led to the worst GDP slump in American history.

US gross domestic product fell at an annualized rate of 33% in the second quarter, according to Commerce Department figures released Thursday. The number is the worst ever in records dating back to the 1940s. Economists expected a roughly 35% annualized drop, according to Bloomberg datapoly

[apollocreed1] 29/7/2020 17:26

This is a good fund for tracking precious metal miners and the bonus is that its hedged to GBP.

[riotinted_specs] 29/7/2020 15:59

Can anybody point me to a good silver ETF, I like SILJ in the U.S. as it tracks junior miners. Is there a Uk equivalent ?

[eriktherock] 28/7/2020 16:11

Less productivity and greater profitability. Not too shabby.

[imastu pidgitaswell] 28/7/2020 14:11

Slide deck now out - call at 3pm UK time.



Nothing major in them - the outlook (slide 39) no longer includes Cienaga project - 'cos it didn't work and has been binned; otherwise just a shift in capex from 2020 to 2021.

Production outlook unchanged - more silver, less gold in 2021 and 2022, ahead of Orisyvo production in 2023 anyway.

Still not including Orisyvo spend in 2021 and 2022 outlook (slide 41), as 'not yet Board approved'. At these PM prices it will proceed and they can well afford it - the only issue is how big the dividends will be.

(Small H1 dividend as the results were not that good - H2 will look very different if PM prices stay hereabouts or increase. Subject also to pandemic issues - which they seem to have control over.)

[trader536] 28/7/2020 10:50

Any pullback will bring out the numpties who missed the rise, just gorra give them a slap back ;-)