Highland Gold Mining Ld Share Discussion Threads

[borisjohnsonshair] 01/8/2018 14:29

Chris - PIs are clowns generally. This is just a lovely bargain. I've picked up another 50,000 over the past 5 days. Might get another 50,000 if it approaches 120. Look very wise in 6 months representing a lovely yield with appreciation & div.

[loganair] 01/8/2018 14:10

When a broker comes out with a price target, all the broker is saying is that at some point in the next year they expect the price of the particular share to reach this price.

[chrismisson555] 01/8/2018 14:09

both I usually buy before a drop and sell before a rise. Experience is telling me we are close to a bottom but gold needs to be fall under 1200 for this to happen from a technical aspect so hence the 121p target.

Either way sentiment is horrendous at the moment so it will drop with the market and drop with gold. Yesterday's spike was just a news driven event strongly sold into.

No love in this market

[borisjohnsonshair] 01/8/2018 13:58

Why 121 "555"? Moron comment or a reason?

[chrismisson555] 01/8/2018 13:49

121p next target

[casual47] 01/8/2018 13:45

VTB posted a hold recommendation with a target price of 150p on the 30th of July, when the share price had already dropped to 128p. This is not the reason for the fall.

[justiceforthemany] 01/8/2018 13:24

VTB capital is Russian. I advise people to make the effort and contact Investor Relations.

[casual47] 01/8/2018 11:57

As far as I can see the lowest broker target price is 149.65p. I don't believe for a minute that the drop in share price to below 130p is because some broker recommends to hold with a target of nearly 150p.

Who believes brokers anyway?

[stevedaytrader] 01/8/2018 11:42

Sorry justiceforthemany- please can you repeat the broker who downgraded? Also, the only one I see is NUMIS which is a waste of time as always around 210- would be great of you could let me know what brokers rate HGM - cheers.

[justiceforthemany] 01/8/2018 10:13

Have had word from IR that operationally everything is fine - as per the RNS just last week! As I said yesterday (but people chose not to listen) drop is due to the broker downgrade from buy to hold. The broker's reasoning is not sound however.

[stevedaytrader] 01/8/2018 07:56

Let’s hope this crazy 2 days of unexplained drops is the end of it and we either get a strange reversal or at very least back to following normally indicators. Big one today is FED- i was surprised yesterday whem gold hit ~1215 it recovered, normally up to FED it keeps dropping- but it oversold at present. The FED will discuss when to pause gradual rate hikes, although almost certain to keep rates steady and reinforce bets on a move in september if it repeats reference to further gradual rate hikes in the accompanying policy statement- pray for dovish tones........

[edjge2] 01/8/2018 07:28

1210 I think is bottom and getting the truck ready, oversold is rampant.

[borisjohnsonshair] 01/8/2018 07:25

This drop just made it better value. Don't fall into the trap of selling on drops....time to buy! School boy stuff!

[11_percent] 31/7/2018 23:17

And gold is going lower....

[stevedaytrader] 31/7/2018 20:08

Don't buy the downgrade item, as unless HGM (not just "metals") actually mentioned, other goldies did not suffer like HGM- and today we underperformed by ~3% over above what I would have expected as "normal indicating predictors". As I've said before, over the past couple of years this "unknown rationale" for drop has occurred. Plus I also noticed the same the other way when we rose from 170-178 earlier this year- although of course no one minds that!

[casual47] 31/7/2018 19:03

Chip, what's the consensus view if you discount the house brokers?

[chipperfrd] 31/7/2018 18:51

According to SharePad, there are 2 brokers on Buy and 1 on Hold. The consensus view is Outperform with a target price of 197.4p.

[justiceforthemany] 31/7/2018 18:37

I believe that broker/VTB downgrade yesterday has had a large part to play here. What we do know is H1 has finished end of June and operations ok. H1 results due 4th Sept I would think.

[stevedaytrader] 31/7/2018 14:45

Gold price :-)

[alamaison5] 31/7/2018 14:36

Up we go. Bid increasing by itself again with no BUY.

[montyhedge] 31/7/2018 14:23

Don't catch a falling knife.

[edjge2] 31/7/2018 14:19

Adding here as I can and holding them, massive bargains. Now looking at hoc below 180p. No doubt Chip's attention being diverted. Doubt 115p reached here unless divi drop.

[montyhedge] 31/7/2018 14:15

Fill yer boots at 115p.,

[thecroots] 31/7/2018 13:54

lol RPT has a PE of over 50.

Awesome value...

[thecroots] 31/7/2018 13:52

wow, nothing say more of a ramp when you use it as your username.

GTF with your ramping....