New World Res A Share Discussion Threads

[seible] 05/5/2010 15:15

I called it too early myself either - even with topping up which I did at 873. The company offers truly amazing fundamentals and is one of the best companies in the coal sector which is a booming market.

I hope that the recovery will be quick especially if the stock was shorted which I suspect it was. So double-shooting on the way up.

But it is still inexplicable for the share price to be at the level it was prior to the trading update which completely changed the picture for NWR...

[its the oxman] 05/5/2010 14:57

too early with my buy but still reckon it will come good with a bit of time - will just have to be patient now i guess

[dizzylizzy2] 05/5/2010 14:27

anything possible in this climate but i'm hoping it will last only a few more days

[mustau] 05/5/2010 08:06

Blime, never expected this price, will look to add if 8 is breached

[seible] 04/5/2010 15:09

Looks like a perfect timing, Oxman.

[its the oxman] 04/5/2010 14:32

just bought a few back c.884p - surely they will soar again?

[seible] 04/5/2010 11:22

I thought the Chinese news has no bearing on NWR because geographically there is no connection and the customers are in Europe... What I liked from their presentation though was the statement that globally steel makers are up to 80% of their capacity but in Germany (where NWR customers are) they are close to 100% - that should result in nice steady demand. I am kicking myself for buying too early though...

[seible] 30/4/2010 08:21

Just bought these bad boys back. Don't think 850 is coming and this is the bottom. Hopefully we should see a steady rise now.

[mustau] 29/4/2010 13:18

Hopefully this can resume the uptrend.

[rafieh] 21/4/2010 21:59

If it gets back to 800, then I will know there is something seriously wrong with it. Personally I would be more happy with 850 as the turning point.

[seible] 21/4/2010 20:32

I sold two thirds at 10.07 and then within minutes one third at 10.71. I just have seen so many of such big rises producing no profit because of the ensuing selling that decided not to get screwed this time.

Surprisingly the share is holding really good, I thought it would be in 800s already. The news is truly great but their notes issue (why the hell can't they pay their debt with revenues?!?!) combined with inevitable profit-taking by some should take much of this rise away.

Will be a buyer at 800.

[rafieh] 21/4/2010 18:54

boy, am I glad to have sold at 1064!
I wish I knew when exactly to get back in; 845p is my crude guess.

[seible] 21/4/2010 11:34

Ehhh, you never know:)

[dizzylizzy2] 21/4/2010 09:48

Seible - for now it seems your wish will not be granted.

[mustau] 20/4/2010 21:52

Agree not liked but I guess once secured should restore upward momentum.

[seible] 20/4/2010 20:17

The issue of notes is not a good thing. Last time they announced this the price went tumbling down. I hope it goes back to 800s - then I will be back in.

[cat] 16/4/2010 23:24

gap closed

[arja] 16/4/2010 08:24

anyone know if UK or Prague is lead market for this stock ? I suppose it would be the UK !closed at 985 equiv in Prague .

[cat] 15/4/2010 23:03

may close gap to 960 then another leap up?

[dizzylizzy2] 15/4/2010 17:27

i don't see that at all but one never knows