Griffin Mining Share Discussion Threads

[up just a little bit] 10/3/2020 08:59

Zoo, There is no joy. Just pain and uncertainty.

[zooman] 10/3/2020 08:43

Alan, strange times but as you say time to watch things. I don't think things will get better just yet with the virus still spreading and the oil situation. Zoo

[alangriffbang] 10/3/2020 08:31

Just seen GGP is now up ,

[alangriffbang] 10/3/2020 08:28

Morning zoo , well after all the doom and gloom the market is up , even hsbc is up ,GGP is very disappointing I thought it should be a bit higher ,shanta is up a bit even tullow is up a bit ,once again I’m not doing anything , just waiting ,off out as usual this morning , more gossip ,have a good morning ,

[zooman] 10/3/2020 08:24

A little calmer this morning, question now is, will this be short lived or what? Now where did I put my crystal ball.?

[zooman] 09/3/2020 23:50

UP, seeing you are full of the joys of spring just to remind you that on Wednesday we have the Budget. I'm sure that will be uplifting. :-))Zoo

[up just a little bit] 09/3/2020 23:01

Indeed the whole of Italy on lock down. Another splendid day on the world markets coming our way.

[sageman] 09/3/2020 22:10

Hi Zoo, my portfolio weighting’s pretty much reflects how much I agree with you.

[zooman] 09/3/2020 22:08

Sage, given Italy have now started to almost close its boarders you may get another nibble on Tallow. The virus and oil prices are causing mayhem.I shall watch and see if there's an opening, problem is how far /bad will this get?Zoo

[sageman] 09/3/2020 21:51

Hi, am 60% cash, 30% Vanguard global Bond and 10% shares. Only invested 2% of my portfolio today. Tullow at 16.5 ( results Thursday, short term hopes of Russia doing a deal but fat chance of divi), more Aviva and Standard Life. All shares I have tracked for a while . All shares I never expected to buy at these levels. Tullow to trade. The others to hold. Only.a liar always buys at the bottom and always sells at the top.

[zooman] 09/3/2020 20:15

Alan, just a bit of a blood bath today, like you looking for a lift tomorrow.Zoo

[zooman] 09/3/2020 20:10

UP, harsh but true. What I don't understand is why are people buy up so many toilet rolls. I don't just mean the extra pack but so many?Zoo

[alangriffbang] 09/3/2020 18:53

Evening zoo/sage/up, not a very good day today but at least we new it was going to happen ,bango looks extraordinarily cheap at 76p ,I e mailed ray today and got a reply saying nothing has changed and everything is going to plan ,will look at it tomorrow , I still maintain when Wall Street turns and rises we will follow , it’s a question of how quickly and how far it will rise , sleep well ,

[up just a little bit] 09/3/2020 18:34

NHS England figures show that approximately 17000 people die each year of Flu.
COVID19 is expected to kill 350.

The herd mentality has cost thousands of jobs and will send hundreds of companies to the wall.

The press are the single most unscrupulous sector who are directly responsible for the current financial and medical rumour mill.. costing real people their livelihoods.

[zooman] 09/3/2020 16:37

Sage what price did you manage your nibble at?I've put it on my watch list and if it drops back below todays low on opening one morning I may have a quick punt. In fairness to G he had said caution which I agree with but as a quick day trade it may be worth the risk. Zoo

[rose_by_another_name] 09/3/2020 16:18

New York stock exchange was halted this
morning for 15 minutes before restarting.

[zooman] 09/3/2020 15:46

I should have added that the low point on Tallow could be tested again given how the markets are. That would have made the post make more sense. Zoo

[zooman] 09/3/2020 15:03

Alan, I've seen a nice plane, you could be a ground loving partner. :-))Zoo

[alangriffbang] 09/3/2020 14:53

Sage ,I wouldn’t be surprised if Lloyd cancel the next dividend ,I cannot bring myself to buy anything even though I do have the money ,

[zooman] 09/3/2020 14:51

G, looking at Tallow it may lift, but given that it was expected that the markets would drop today. I can't help feeling that it may not have reached its bottom yet. Granted it hasn't much further to go. The markets at the moment aren't for the feint hearted that's for sure! The DOW looks like it will drag us further into the Abyss today as well, methinks however we may see s lift tomorrow as people calm down a bit.He says with fingers and toes crossed. Zoo

[gailes5] 09/3/2020 14:26

Sage, Tullow. The last dividend was not paid and the P/E ratio will be nothing like 3 with the oil price at its current level. They may well be a punt but still quite risky.
Good luck

[sageman] 09/3/2020 11:37

Just had another nibble at Tullow. Results on Thursday. Very profitable company on a P/E of circa 3. Dividend yield now of 20% plus following today's share price collapse.

[sageman] 09/3/2020 10:54

Have been nibbling today. More Aviva and Standard life plus I couldn't resist Tullow Oil!

[zooman] 09/3/2020 09:04

Alan I bet you're pleased that you didn't but Tallow down 39 percent.Zoo

[zooman] 09/3/2020 08:34

Alan, GGP put results out should help to stabilise it, but I see the thirties for GFM. The Budget will also have an effect on peoples thoughts as well. Off to replace a fence post I hope it stays up better than the markets.Zoo