South32 Share Discussion Threads

[action] 15/6/2017 12:12

I mean if other miners tank compare to s32

[action] 15/6/2017 12:11

ArjaS32 is good hedge against other mining stock as it held well yesterday which could work as arbitrage in uk market I.e sell s32 n buy say glen going from yesterday price event

[arja] 06/6/2017 13:49

action,
so are you trading by actually buying the physical shares ? I only use CFDs or a spreadbet as I mentioned and get none of that hassle you have , I also have level 2 and DMA and can take part in the auctions .
S32 doing well but I was out and missed the move higher . Punters must think it will rally in OZ tonight .

[arja] 06/6/2017 07:26

yes , it is tricky and of course this algorithmic trading makes it worse for small punter . I did qute a good trade and got out on spike to 153 yesterday - after taht it drifted down and did not recover . missed a good trade this morning but made a bit using a spreadbet . it close at about 151.75p in oz and was one of the few stocks to close UNCHANGED at 262 ! might be a good omen but minibng stocks hammered again in oz

[action] 05/6/2017 12:22

ArjaSold out in the morning rally @152.5.I had to try several times to get quote. Very frustrating. Market looks to be manipulated.Waiting now for downside

[arja] 05/6/2017 07:38

getting a bit harder to trade this stock as minibng stocks being hammered again . But it closed in OZ at 152.1p equiv and hoping to get in today at about 148.5p level as that gives margin for error . doubt it will go that low but who knows !!

[arja] 02/6/2017 10:26

not really Action as I should have sold the lot ! ( smile ) i do not understand your question about CFds . if you mean which firm do I use , it is IG markets and I think
it is about the only one which offers DMA .

[action] 02/6/2017 09:22

Which one best for Cfd pls?

[action] 02/6/2017 09:20

Well done Arja.I still have to wait above 155

[arja] 02/6/2017 08:20

I see . so you are not looking to day trade it . I did just buy with a CFD at 150.25 and sold half at 151.50 ! mining stock now slipping but S32 sometimes does it's own thing .

[action] 02/6/2017 08:07

I do not chase it anymore

[action] 02/6/2017 08:07

This one always made me money when bought below 150

[arja] 02/6/2017 07:52

wow , someone on this thread . Yes, sometimes it is difficult to get set in opening auction as peanuts on either side until it settles . Good luck with it and you should be ok - closed at 150.40 in OZ but recently it trades a little higher here at some point in the day as the punters expect an up day in oz next working day . The mood of market in mining stocks plays a part too.

[action] 02/6/2017 07:46

ArjaTry to get in at opening low but còul not.Bought at 149.65.

[arja] 08/3/2017 16:56

goes ex div in a day or so I think - about 4.6 cents.

[suetballs] 07/3/2017 09:20

Finally took the plunge this morning - hope I'm not too late to join the party.

Suet

[arja] 14/2/2017 11:26

why so quiet here as this stock is doing well and good for trading at times but need to watch lead market in oz ??

[arja] 15/11/2016 08:33

big selloff in oz but hoping it bounces tonight !

[arja] 25/10/2016 21:15

still good for intra day trade catsick with CFD even though now proceeding more slowly

[catsick] 20/10/2016 11:18

I sold out most of mine today, been a nice ride 45p to 161 in a very short space of time, todays results did not seem like they were capitalizing on the higher met coal pricing at all, I am happy to take a nice profit and follow for now ....

[arja] 03/10/2016 11:21

bigtime - get back in as this moves higher remorselessly and UK now leads OZ which is very odd ! now a NOR situation !

[arja] 16/9/2016 14:48

almost 20million traded today !

[arja] 15/9/2016 11:23

again it has gone ahead of price at OZ close and this stock is exceptional and divorced from other mining stocks . even bigger volume here than used to be the case I think .

[arja] 15/9/2016 10:19

but the chart tells the story and good for just trading with CFds or sreadbets if not wanting to hold stock . looks like it will egt to about 240 in oz .