Lonmin Share Discussion Threads

[pjm1162] 03/1/2017 08:52

It's running higher and ta wise looks good for the longs, next results should be the eye opener and the drop will resumr, you have been warned but enjoy the bull trap whilst it lasts ....

[dailylarma] 31/12/2016 15:20

Pjm.. take a few days off son. You're fretting too much during the holidays.Save your energy, and your fingertips, for next week when the market opens and LMI runs higher.

[pjm1162] 31/12/2016 12:08

Don't get excited it has to go up sometimes, nothing goes down in a straight line, no where near oversold yet, Defo sub 120 coming then sub 100p, company must be in financial poop again soon imo, hny to you all

[harry_david] 29/12/2016 16:34

There looks to be a coordinated support operation for the metal at $900.
If so and they can keep it up for a few days we would have the chance of a monumental increase in the price. In the options market longs are reported to be very light and recent trading would have lead consumers to shorten their leadtimes. I am no tech wiz so prefer fundamentals but these look good also. Fingers Crossed.

[pjm1162] 29/12/2016 08:36

Simple bull trap, it always happens, sellers will come in now and back below 130 again...no logic for rise

[blueball] 28/12/2016 20:03

stay long.

[harry_david] 28/12/2016 16:14

An enormous turnover if there is no reason. Something is brewing!

[luisfrg] 28/12/2016 15:44

Why the rise..? Shorts closing?.?

[harry_david] 28/12/2016 14:09

Even though I am long I do not see the logic behind today's rise. I am sure plat will drag them up soon but today ain't the day.

[cudmore] 28/12/2016 12:31

Keep an eye on JKX......news due this week. It will fly on positive news.

[luisfrg] 28/12/2016 12:08

Where's Pjm1162 when this goes up.???

[luisfrg] 28/12/2016 11:25

And up :-)

[pjm1162] 23/12/2016 17:31

115 or lower before Feb, trust me

[mj19] 21/12/2016 15:12

Yup its up time

[pjm1162] 20/12/2016 09:20

Sell below 100p coming

[luisfrg] 16/12/2016 17:21

Platinum now up 4.2%- up 37.5 to 932 and still this dog heads south....

[pjm1162] 16/12/2016 16:34

Pt up 3% but lmi hit the 128, sell sell sell

[pjm1162] 16/12/2016 13:28

Was that 130.75 just then, yes, close to my 120,s, ....still way overpriced and plenty left to drop yet until 65p area

[elvisrocks] 15/12/2016 17:04

I suppose I am a bit amazed myself, and predicated £1.35 by Xmas, I don't think £1.20 by Xmas, maybe £1.25-1.30 but I do consider the writing is somewhat on the wall here. With Pt now dropping like a stone into the 800s and Lonmin not having the Fx Card to bail it out, the losses are starting to pile up and sub £1 is not far away.
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Fx Profits last year were $300m and we could yet see Fx losses this year as the anchor XR Lonmin is measuring itself against on 1 October 2016 is R13.77/$ - anything south of this is an Fx Profit, anything north is a Fx Loss but after averaging the Fx for the year, neutral at best and this impacts both profits and cash.

[mrjellyfish] 15/12/2016 16:31

I was hoping you had gone or died.Maybe soon you arrogant scum!!

[pjm1162] 15/12/2016 16:25

133 told ya all.....sell sell sell while you can is my advice, 120's tomorrow

[cudmore] 15/12/2016 13:27

SOLD the rest of my holdings here on Tuesday having bought the lot at 57p. Not a bad profit really. Still see these bouncing back in the New Year imho but dipping every day isn't a good sign. Most people spending their money on Xmas now so can't see much going on here until next year.