Jubilee Metals Share Discussion Threads

[mikebolle1] 25/9/2020 08:21

I guess it depends on personal circumstances and trading objectives. With the current drop, today included, i am still 135% in the green. My objective is long-term. In fact, i am not even watching the share price on a daily basis. If something fundamentally change i will get notifications of such. Thus, the further jlp drops, the more i accumulating. My strategy with jlp is "netting" not "hedging". Good luck all.

[deme1] 25/9/2020 08:10

For once I agree with plat.

IF this second wave starts gaining momentum then a second lockdown could be possible.
Imagine the carnage if Boris announced a second national lockdown.

Plan of action for me, see how 5p holds today.
If we fall through then 4p a real possibility!

[plat hunter] 25/9/2020 08:04

Back to pumping what if's are we?No ones going to offer 25p, when you can pick it up for 5p and the financials aren't due to mid November.Imagine holding from 6.2 hoping for your dreams to come true. Wake up this has nothing to do with JLP, how good they are or how much money they make.No one alive has been through this before, maybe when you get your heads around that basic fact you'll realise just how bad the situation is.I'm aiming for 3.6 but won't be surprised to see sub 3p. In fact I have a limit booked for 2p just in case, as we're more than likely to get shock update from Boris over a surprise update from Leon

[danieldanrichardson] 25/9/2020 07:59

24p yes please freedom.

[deme1] 25/9/2020 07:58

yes an offer for the company would give an instant boost. That however is highly unlikely imo.

So today I was going to look at whether to put my trading pot back in. I fear that the markets have further to fall, and even though ibsee a little bounce early on, i feel the markets will drop again into close. Not many would want to be in the markets over the weekend, with the speed this second wave is progressing.

GLA

[9tintin] 25/9/2020 07:58

Freedom

I have held JLP since 2009 I have no recollection of the share price going to 33p !!

I must have been comotose for a week .

But yes- M&A is always a possibility, a small risk IMO.

Time will tell.

tintin

[freedom97] 25/9/2020 07:50

Well tintin, if Jubilee suddenly announced they've been offered a very good price for the company offering say 25p per share and they're going to accept with shareholder approval, then I think you would regret selling for a small profit recently, when if you had held, that small profit would instantly become a very big profit when you get 25p per share. Don't think you would be able to buy back in at less than 10p+ on that news, as MM's would instantly increase the share price and continue increasing with every buy imo.

Remember, in 2011 Jubilee were approached but no figure was stated in the RNS. The share price went to 33p. Jubilee rejected the offer as Colin said was too low. They also rejected a merger with that company. Now Jubilee is a very different company, it's been transformed from a loss making company in 2011 to a profit making company with huge potential now.

If you're happy with the profit you made then great! and you might even gain more shares should you buy back in before share price reaches back to your sold price.

Good luck!

[lostabillion] 25/9/2020 07:49

Small point.....those saying they’ll buy back at 5p will no doubt be buying back just before that so as to avoid paying more than necessary! I expect a decent reversal today but time will tell. Gob smacked its dropped to this level with outstanding figures expected soon.

[clarky111] 25/9/2020 07:21

I would have to say my biggest concern is the US elections. MSN has created such a devide in America. It's created a frenzy off hatred from all sides.Im expecting chaos after the results. Especially as I can see Trump winning once again and the Deep State are not going to like that. I'm expecting some kind of bounce with JLP before then

[1madmarky] 25/9/2020 07:16

Kenny- depends on the level of panic which depends on the level of infection. Note the universities are now back, so lots of very drunk students not following any of the covid rules. Note the point about students not returning home for Christmas. Pretty obvious what the government are expecting.

[9tintin] 24/9/2020 22:59

Freedom

As I say each to their own with their strategy, as far as regreting taking a profit - nope.

A week is a long time in share dealing - let's see where we are next Friday.

What's your best guess ?

I think the trend will continue - could go below 5p although I honestly didn't thing it could happen given the news and the prospects for JLP.

But the market is not always rational, peeps are taking profits bearing in mind the wider macroeconomics and Covid concerns, even though SA does seem to be coping rather well.

The drop to 2p is still fresh in the memory and that what's lurks in peeps mindset IMO.
I could have got this completley wrong and JLP could shoot up to double digits as some on here have been forecasting for weeks - but it hasn't happened!!

I still hold a fair amount so going 'down' is not what I want, just what I feel might happen short term (2/3 weeks)

Always been a realist.

tintin

[plat hunter] 24/9/2020 21:03

That was meant to say touche.. ADVFN clearly doesn't like accents it seems. Obviously leave biased.

[plat hunter] 24/9/2020 21:00

Ha ha ha touchéAnd good luck to you too Clarky.

[clarky111] 24/9/2020 20:50

I have wondered plat hunter.as many persons have a glazed stare and an android response lol

Anyway I don't know about you put it would be nice to get back to JLP. 10 years here and I Think we are going to be handsomely rewarded.good luck to you sir

[plat hunter] 24/9/2020 20:22

John von Neumann, Clarky...Perhaps we're the machines?

[clarky111] 24/9/2020 20:09

Freedom97. Are you aware of what's been happening in China with the use of technology..very very scarey already. What will it be like in another 10 years...then another 100. Many Chinese are slaves to the system. Can't even leavevthier homes or city's.etc AI is already developed and ready for us that's fact. NETANYAHU announced about 5 months ago that he believes it would be a good idea to chip our children
This on national TV.

[deme1] 24/9/2020 20:05

Dow about to go red again.
There is no strength in the markets and the second wave is only now beginning.

GLA

[juju44] 24/9/2020 19:42

old jlp is back

[freedom97] 24/9/2020 19:07

I take it the 500k sells are adejuks and not the 1.5m or 1.1m trades that clearly look like buys as both went thru above what sells were going thru at just before those trades.

Not all those that sold today will be able to buy back lower as once buying starts, there will be a rush to buy back and what happens the MM's push up the offer price very quickly, so some of the sellers today may regret selling as you could end up paying more to buy back if that's your plan.

What we saw today is the panic sheep effect, soon you will see the panic buying effect.

[freedom97] 24/9/2020 19:02

Wow this thread has been busy today.

clarky111, you clearly need to get your eyes tested, I never said, I would be happy to be linked up to AI or believe it's a good idea for a small group of elites to be able to control everything we do. You clearly have been watching too many Sci-fi films that have brainwashed you. I think you believe that all governments are working together to have a vaccine issued for covid that will inject everyone with AI that will start to control everyone taking over their freedom! LOL!

Re. your comment on my username 'Freedom', again you clearly have no clue and have no freedom yourself as it's clear you have been brainwashed by others re. AI & covid vaccines. In my post I was not suggesting I would have an implant that allowed others to control me or take my mind over far from it. Note also, I mentioned 'voluntarily have a tiny chip implant put in their hand', meaning if you want one implanted. The chip is not going to mass produce itself in your body, like in sci-fi movies & effect the body or mind, it will just have information stored on it that you have allowed, to give you the FREEDOM! to go about your life easier, without having to worry about losing your credit card, mobile etc.,... or having the items stolen. Plus if you had a health condition and you had that uploaded to the chip then could save your life, if you had accident and could not communicate your condition... That's why I said, could be very beneficial. I myself currently have no intention of having an implant, if one is successfully developed, but I can see the benefits as listed some above and probably many other benefits too. But before anyone asks for a chip to be implanted, it would most likely take years to solve data issues & make safe &, secure so can't be misused, like someone with a data copying machine passing near you reading data from the chip in your hand. So, I would have thought we are many years away before any chip could do what I mentioned, at the mo just an idea that could work but very complex data programming of the chip would be needed.

This is what I wrote to guitar:

"Is your conclusion of seeing the bigger picture that the governments around the world are planning to us AI in the vaccines when available? I simply don't believe this at all, utter rubbish imo. I do however, think in the future, many people will voluntarily have a tiny chip implant put in their hand, so can be used for many things like paying shop bills, proof of ID, record of any health issues should you be in an accident and found unconscious, plus no need for passports, driving licences etc. So could be very beneficial, but I think many years away from this happening on big scale to make it work and would have to be voluntarily requested. Already for a number of years now, Dogs & Cats have had a similar tiny implant. That has the owners contact details on, and probably details of what vacinations the animal has had, I've not looked into it as I don't have any pets."

With regards to paying for things using a chip implant. it would be no different to what probably millions of people throughout the world already do now with their mobile, when they swipe their mobile over a payment machine without using their bank card. It just means you don't need your mobile or bank card to make the payment plus no need to worry losing them or having stollen. As I said above before anyone has a chip implanted would need to make sure that any data stored on it is very secure. It might be that in the early stages, only limited data is stored on the chip, like if you have a medical condition details of it that could save your life and other vital info that you want to add. No doubt it will be possible to instead of having a tiny chip implanted in your hand it could be put in a ring. The only problem, many times people lose their rings or get stollen even when wearing it.

As I said yesterday try to see the whole picture not just part of it, by thinking and contemplating every situation etc., if possible otherwise you can easily reach wrong conclusions and remember to keep an open mind. What might sound crazy today might be excellent idea years later.

[sharenotes] 24/9/2020 18:18

That was a good shout tintin, no doubt. Your rationale for selling was made during an uptrend. Very rarely do you hear people talk about stop gains (it’s all about stop losses!), but can be a useful device to have in your ‘toolkit.̵7;

[marmar80] 24/9/2020 18:11

When are the results?