Quite often chosen for RNS's. (My birthday as well). Looking for a present from Leon. |
That is the problem, communication is terrible. Notification that Roan has restarted will only arrest the decline.
News of proper production targets will get it moving upwards, but past history of missing targets, including self-imposed timing ones, always leaves one wondering. |
I think once everything is up and running on a consistent basis that it is only then that we are more likely to get a "more challenging" set of objectives with regard to production with dates attached. Until that time to do so is to set up yet again for failure which JLP have been good at for many years, giving the market plenty of excuses for markdowns. They haven't given a date for when Roan is going to be fully operational since the shutdown. Only a statement that they were "preparing" for a restart. |
Hi xow, I bought alot in the 3s. That was a good deal. I'm concerned about the revised price target and the lack of update on Roan. Experience has told me to question everything with JLP, and history has taught me to prepare for disappointment.CheersFrog |
Anyone recall who the Slater man is? Is it Jonathan Morley-Kirk? |
Copper price easing to boot. |
There are two scenarios. Roan is back up to capacity, and we have not been told - a simple social media sport would put this to bed. Or, which I suspect to be the case, Roan was damaged in the unexpected power cut and is not yet up and running to capacity. Either way it just shows that we need to expand beyond countries that are considered third world, as Zambia is, or countries that still have political instability, which SA does. |
 I can't believe pi's buy and sell just because brokers... give high or low targets, unbelievable! No wonder most pi's lose money trading. It's the nature of shares to go Up & Down but eventually IF the company is making good progress which Jubilee is! the share price will eventually catch up with the true value of the company not what brokers etc say.
Since 1998 when I first started to buy shares after receiving many free ones with bank takeovers and with interest rates in banks and building societies started to drop down towards 5% (which at the time I thought was low! LOL! as used to get over 7%). I made a big mistake believing broker.. managers on a lunchtime BBC2 programme who were saying for example Marconi was a bargain price before the price crashed down more to I think 65p and again indicated it's a very good price, so I bought more as I was sitting on a loss and ended up losing thousands of pounds when soon afterwards the company went into liquidation. I could give you many other examples like Redstone Telecom, Energis...
So I learnt never to trust what they say, as I noticed many times when they indicate Sell the price within a month goes UP and when they indicate Buy the price goes down. I think They sell as others buy and buy when others sell. I might be wrong but that's what I've noticed over the years.
I prefer to do my own research so I only have myself to blame if I lose money. |
frog, you are an enigma. One week you are going to sell, two weeks later you have bought a lot more and then a further two weeks later you are getting out.
This share is extremely frustrating and I don't believe the share price reflects the true value, but we all need to own our investment decisions, so best of luck to you, whatever you decide. |
4% interest will more than likely give you a real loss froggers.Cash is last resort. Just look at those people who only had cash in Germany in the 1920's. Life savings bought a pat of butter. Gold is a better bet. It's made nearly 60% for me over the last year or so. Wish I had had everything in it now! |
A pinch of salt which downvalues us freedom. It is wearisome. Can't be bothered to post here my message from the other place. Like many others I am losing interest in this eternal disappointment. I wonder if it will ever end. Where else? LND is worth a very speculative pint, otherwise I might just go with 4% interest for a while, at least you can't lose ! |
I would take RBCs target with a pinch of salt. It's the same with Foreign exchange forecasts eg. HSBC forecast that the Pound to Euro (GBP/EUR) exchange rate will strengthen steadily to 1.25 by the end of 2025 but Nordea, however, expects that GBP/EUR will slide to 1.1365 at the end of the year. I'm sure it was RBC that forecast €1.125 to GBP for the end of 2024, they were way out.
In the same way other brokers could give JLP a target much higher or lower. I've noticed in the past that any news from companies and they often issue a new target especially with FTSE100 companies.
But as pshevlin mentioned at least their note says Outperform. |
Frog - you know what will happen if you sell don't you.That Big Man, and yes he is a man, with the white beard who watches over us small punters will, despite wars, pestilence and disasters, ensure that a piddly little share on a piddly little market recovers sharply.Happens to me all the time so for the sake of the rest of us keep selling. |
Love the last sentence frog ,Nutella lmao |
Strangely the note from RBC might attract a few buyers. Outperform is always a baited hook. |
I think the previous taget was just arrived at before they did a proper analysis. To be fair they are expecting the share price to outperform so it's a very cautious estimate. We will know better when we get some financial news and where the trend is going. It's still double the current price more or less so unless you have a better place to put it, or just to keep it in cash, I wouldn't do anything precipitent froggers. I would still like to see a full brokers note from RBC. |
Usual thing with JLP. smoke and mirrors. No update on Roan and the doubt over IRH is not helping. |
It's not a question of panic SB. The previous target was 11p, now it's 25% less. Why do you think that is ? |
No panic happy to hold just would be nice to see a consistent flow of decent news and stop the negativity that's now associated with jubilee |
The panic sets in..... |
I thought they were all out ffs you mean there's even more |
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