Lonmin Share Discussion Threads

[karmastuartra] 10/7/2015 12:39

Rigged,rigged,rigged and more rigging!

[karmastuartra] 10/7/2015 12:37

One analyst comment and bang,down she goes,if it's positive,will it go back up?

[careful] 10/7/2015 12:35

Awe inspiring.
you have to be impressed with these markets.
down 80% in less than 12 months.
very little debt, improving production.

[karmastuartra] 10/7/2015 12:23

Rns from the company please!

[karmastuartra] 10/7/2015 12:20

How bloody ridiculous is this!

[dealy] 10/7/2015 12:09

such a drop solely on an analyst report. we were 130p just 3 weeks ago.

[salpara111] 10/7/2015 12:07

Who would have thought it!
The once mighty Lonmin will be automatically relegated to the small cap index at the next review unless it bounces back from this level.
The main concern here is cash, or should I say, the lack thereof.

[targatarga] 10/7/2015 12:00

careful - the casinos rules apply, your our friend as long as you can pay!

[careful] 10/7/2015 11:34

8% down on 2.4m shares traded.
how can a company fall in value by 50m when £1m shares are traded?
rigged markets.

[careful] 10/7/2015 11:32

me too just topped up.
shorters and traders give us opportunities.
just 2million shares traded today, probably on leveraged contracts can drive the price down 4%+.

risky though.
i did well out of Kaz when Odey and his chums announced they were shorting it.
when they finally closed out I was 30% down.
within 3 weeks i was 25% up.

best is to take a position then look away.
hard to do.

[ch1ck] 10/7/2015 11:25

Some times you have to make your own call. I have gone against the trend and bought in just now.If it does go to 75p then i will get more

[ch1ck] 10/7/2015 11:16

I was looking to buy these today but held off as the trend is still down.Unfortunately people believe brokers and we could fulfil the prediction.Crackers

[karmastuartra] 10/7/2015 11:14

Infrastructure in place,production rolling,no debt,wtf!

[karmastuartra] 10/7/2015 11:12

75p target? Unreal,complete madness in the markets at present.

[careful] 10/7/2015 11:10

There can't be any real selling of the shares at these prices.
Just short term traders or shorters following the curve.
It takes courage or madness to buy.

The Chinese have the right idea.
Round them up and shoot them.

[ch1ck] 10/7/2015 10:53

DealyI'm with you it is only a matter of time for these to become the buy of the year.A bid could be on the cards at these levels

[dealy] 10/7/2015 10:40

UBS put a note out yesterday with a target of 75p. Nevertheless they also say upside could be 170p if the Platinum price recovers. The revenue projections for the company still look very solid and the company is basically debt free at present. So I cannot see why there is no recovery option value priced in.

After seeing the report I am actually quite relaxed.

[careful] 10/7/2015 10:37

There were always those girls that were attracted to yobs losers and layabouts.
Never interested in successful handsome winners.

Thats how I am with shares.
No Glaxo, Diageo, Severn Trent or NationalGrid.

Give my Lonmin any time.
There is no hope.

[careful] 10/7/2015 10:29

platinum price up today and yet share price still falling.
there are some in SA who wish to drive the company out of business.
since the shootings by the police LMI have tried hard to improve their ways.

The risk here is political.
Rationalisation between platinum miners must be possible,a sort of opec or de beers, because production is concentrated.
This company is potentially valuable if producers get their act together, which they will.

my worst share at the moment, well down, hoping for a miracle.
I suppose the implementation of that rule that says 35%? of the shares must be owned by Black africans is affecting the overall position.
I will hold nervously but should have followed Ivan out, he is smart.

[karmastuartra] 10/7/2015 09:35

What is this giant worth?

[dealy] 10/7/2015 09:21

This is ridiculous. Down so much on no news. Endless selling. Either shorting or some fund liquidating. Very painful

[karmastuartra] 10/7/2015 09:18

Getting shredded now.

[karmastuartra] 10/7/2015 09:15

Well it is a miner,it's time to dig deep!

[karmastuartra] 10/7/2015 09:12

Down down,deeper & down!

[dealy] 09/7/2015 16:09

Capita group were adding until about 2 weeks ago and then suddenly stopped. Lot of small caps getting killed at the moment as margin calls still reverberating from huge drops in the Dax, Hang Seng, Commodities this week.