Mwana Africa Share Discussion Threads

[jxman] 15/12/2014 12:37

All this mumbo jumbo voodoo give it a rest. It's falling

[juju44] 15/12/2014 09:23

Nickel having another good day , so far . Wake up Mwana

[mreasygoing] 14/12/2014 17:34

That would be nice. Hopefully mwa won't drop the baton on the final straight.

[wstirrup] 14/12/2014 14:42

JUJU...

I agree that, many of the gold bugs have been, shall we say, 'over enthusiastic', but this time, I think that we are really close...

My original timescale for the great reset is circa 2017/18/19, because it is demographics driving the downturn.

As QE begins to be put into the economy, as people gain confidence, then we will see the inflation that people have been expecting.

BUT, it will start when some geo-political event takes place, and be slow at first.

The FED (FOMC) meeting in January that raises interest rates, and/or a COMEX/LBMA default could be the trigger event that starts the avalanche.

BOTH are likely to happen in January.

[juju44] 14/12/2014 09:04

WS . i have been reading that stuff for years with all the gurus just proving they know diddly squat . It will happen when the gangsters allow it to or want it to happen - and not until that . That could be a few weeks ,months or 30 years

[wstirrup] 14/12/2014 00:33

If I'm right, the price will make a major push by mid-January.

As the Gold price makes a run for it.


W.

[wstirrup] 14/12/2014 00:30

And this bunch of links, shows how we are perhaps as little as four-six weeks away from a gold price reset...









A cash settlement on behalf of senior bullion banks is that close, and that will be the catalyst.

W.

[weegeordie] 13/12/2014 02:10

Cup and handle still in place despite the h&s if a little droopy!

[juju44] 12/12/2014 20:41

price fall closed a gap around 1.9 and brought indicators from well overbought into oversold territory. It may fall a little more but if so a floor is close.
Equally important is the market appetite for gold and nickel which could soon surprise to the upside

I am happy to await the many potential developments and would add further on any significant decline - which i dont expect

[bigdazzler] 12/12/2014 19:57

Chart has changed for me and at present I don't like it one bit.

This week price has crossed below the 50 and 200 day averages and the ease of movement downwards has been large. Clearly this is very negative.

Long term macd indicators are now either declining or are flattening out which is likely to result in a decline.

Long term RSI has now passed back below 50 again a bearish sign.

Due to the large drop in recent days we could have a short term bounce but based on the longer term indicators I expect a sustained period of share price weakness.

Only other positive for longs is we are currently sitting on the demand line of an upwards trading channel which may provide support. However based on the other info I expect price to fall below this trading channel soon enough.

First point of interest for me is support around 1.77p. So we will be closely watching if this support fails.

So I'm currently bearish on this one.

[thecynical1] 12/12/2014 16:37

bpbby....just so we are clear on one thing.....I was not referring to juju.....I was referring to the particularly talented poster who indicated that he/she thinks that AIm investors are all a bit dim.....

[juju44] 12/12/2014 16:13

Not sure how i offended you

[juju44] 12/12/2014 15:48

Nickel on a tear today - up 2.5% . Some more of this wont hurt

[juju44] 12/12/2014 14:10

Agree STI could be on the turn - now back in oversold territory and i am looking to buy
The board squabble in MWA is concerning. Hard to see any benefit coming from it

[tightfist] 12/12/2014 14:06

Juju,

I don't often trade in and out, and when I do it is normally around a core long-term holding - if you like, getting more value out of the time expended following a company. I have been out and in MWA over the past few weeks as seemingly irrational fluctuations take place.

O/T: Company's business models and cash-flow prospects change over the years, especially in the small miners domain. STI is a case in point and could be just about to form the right-hand shoulder on the chart; it's holding up OK on a grumpy day in the markets, and if it breaks 3p in the next 6 weeks I will be very happy!


LP,

I would rather build on other people's perspectives than go into challenge/confrontation (Win-Loose) mode. To be balanced investors we must surely dwell upon our concerns and try to validate/quantify them; that is likely to be more personally challenging if our position is significant within our total portfolio.

In MWA I am, for example, really concerned about the relationship issues with the Chinese - in the past in another business (after years of damaging squabbling) I have had sight of a massive concession to the Chinese, only for them to not honour the spirit of the concessionary agreement.

[mreasygoing] 12/12/2014 13:56

Oh dear, the natives are restless. Let's hope it goes to 5-6p soon.

[thecynical1] 12/12/2014 13:41

what a complete.................

[juju44] 12/12/2014 12:49

Oh dear - back on filter . He really is a nasty . I sold some but bought back yesterday . I hold more MWA than the plonker but i wont waste energy referring to him again
Tightfist , i have also got into STI recently

[tightfist] 12/12/2014 12:45

Thanks JuJu.

It has taken a long time for me to wise-up and become very wary of posters who can only see good (or conversely bad) regardless of what is actually being reported, or more to the point, not reported by the company! I think the key to maintaining a value-adding Board is to remain OBJECTIVE then we may develop insight that gets us ahead of the market sheep.

O/T: Coincidentally I have been caught up in STI..... Finally looks like coming good after a torrid few years!

[lucky punter] 12/12/2014 12:44

I must disrupt boards by researching and posting my views and ideas. Strange how you see that as disruption; I guess any positive view is against your current agenda. I note that on the 10th you sold then you became immediately negative calling MWA "serial disappointers". Now you look to re-enter. That disrupts the board as I see it; at least have the decency to stay off the board when treading over other shareholders.
It must have been very disruptive when I bothered to attend the AGM and "Meet the miners" then post information I gathered in conversation with Kalaa Mpinga.

It is hilarious that you have an opinion of me despite the fact that apparently I have been on long term filter. juju please leave me on your long term filter. You are a liar and a cheat but I wish you luck.

[juju44] 12/12/2014 12:25

This LP guy certainly disrupts boards. He talked up STI and got a big f0llowing while it fell from 10p to 2p . I dont like the disruption here either and i will take LP off a very long term filter in the interest of harmony .I suggest people either filter him or let him have his say