Fresnillo Share Discussion Threads

[trader536] 28/4/2021 10:50

Hey Stupid were you smart enough to take my SWG tip @ 138p?

[auson1] 28/4/2021 10:45

2603,

Correct Euroclear was showing 3.68% stock out on loan at end March 21. Thats serveral hundred million quids worth of stock borrowed.

As we know the share price is determined by the marginal buying and selling for the hour/ day/ week etc so some squeezing could happen. Perhaps more of a squeeze might be seen on the huge Silver shorts and that would give more of a boost here.

[wisteria2] 28/4/2021 10:22

Grabbed a clip this a.m. for the bounce!!! gla

[imastu pidgitaswell] 28/4/2021 08:37

But as noted at the time of the results, they're not that cheap.

Around 50p Earning per Share for 2021, so 17-18 times earnings. Dividend yield 2-3%. not expensive, but not compellingly cheap. POLY is half the earnings multiple and over twice the dividend yield.

That's not the whole story, but as a headline, it's just how it is.

3000p coming up. 🙄

[plat hunter] 28/4/2021 08:35

Told trader days ago at 940 that 860 was comingNow I'm matched whilst Trader lost another 12% 100% he hasn't got any positions anywhere... No one can keep handing this much back all the time and still post like he's winning

[zicopele] 28/4/2021 08:22

Plunger...that is right. They are generating enormous amounts of free cash....but the market hates them.

On another day they would be up on strong gold production.

[kennyp52] 28/4/2021 08:12

Imastu ... decent prices should ensure a decent financial report . Probable market makers using any news to create activity and predict it will bounce quite quickly.

[plunger2] 28/4/2021 08:11

You have to figure that these guys have lost the room at this stage.
Anything good is dissed, anything bad is disastrous.
An unpleasant phase for holders but should we be surprised. Things can change.

GLA

[imastu pidgitaswell] 28/4/2021 07:56

Must admit I'm struggling to see how it will be as low as 700 (or 725 max) for the full year with Q1 at 228

[brasso3] 28/4/2021 07:54

Gold production up 5.9% is decent enough.

[imastu pidgitaswell] 28/4/2021 07:51

Dull report - which is good.

Gold was high - 228.2 vs full year f/c of 700. Possibilities, although a mine closure is pending...

[zicopele] 27/4/2021 17:44

Big buy post close. Is that a real trade....or some sort of balancing trade?

[trader536] 27/4/2021 13:02

Heads or tails?

[zicopele] 27/4/2021 12:54

All fine and dandy but....what happens tomorrow? I hope there are no surprises in production numbers.

[trader536] 27/4/2021 12:40

2603 26 Apr '21 - 14:36 - 13084 of 13096

'It’s bounced several times from below £9'

...And there she goes again

[plat hunter] 27/4/2021 08:57

Morning Zeco...I think were both saying the same thing but being a little more awake this morning it looks like I was arguing and correcting you.

[plat hunter] 27/4/2021 08:16

You're an idiot 2603....100% traders other account.Porridge for brains

[zicopele] 27/4/2021 07:34

A lot of retail traders...fine...but say on IG..very little short interest.

No short squeeze possible without substantial short interest. A few retailers short does not constitute much short interest.

I am not sure you do know what a short squeeze is.

[2603] 27/4/2021 06:56

I know what a short squeeze is you nob. Because nothing has been reported due to it being a certain percentage it doesn’t mean there are no shorts in the stock. There’s a lot of retail traders out there. You patronising idiot.

[2603] 26/4/2021 20:58

I think you will find there are shorts in nearly every stock, I am not saying there is a big interest but there has been some persistent selling in this stock since the down grades. This isn't the most liquid stock so it doesn't take much to move it.

hxxps://mayfieldrecorder.com/2021/04/15/fresnillo-plc-otcmktsfnlpf-short-interest-up-103-1-in-march.html

I am starting to see higher lows, I maybe wrong but anything below £9 looks like a good buy, if it can build a base around here for then next few weeks then it is looking good for the summer months. IMHO