Trinity Exploration & Pr... Share Discussion Threads

[scottishfield] 27/4/2017 09:25

Malcy V positive on TRIN in today's blog :)

[aimmafia] 27/4/2017 09:15

This will re rate.

[mark10101] 27/4/2017 09:04

From what? Deep valuation gap still...

[brando69] 27/4/2017 09:03

aim mafia you got this one wrong

[lexus880] 27/4/2017 08:55

looking vulnerable!

[moneytree1] 26/4/2017 16:11

yesterdays mover?

may be an idea to switch to AAOG.

the elephant hunter.

[aimmafia] 26/4/2017 16:05

Cheap shares down here

[moneytree1] 26/4/2017 12:18

Big Willy Waving day today.

[the big fella] 26/4/2017 12:16

Bigtune - you have my apology. My youngest son and I both suffer with dyslexia. It hasn't stopped me having a 35 year career in the City of London and I hope it doesn't stop my son from fulfilling his dreams.
I am not sure my personal wealth is any business of yours but I am comfortably in the top 5 % of residents in this country so I think we will just leave it at that.

[bullet ant] 26/4/2017 10:31

Che

It's time to sell champ, not to buy.

[che7win] 26/4/2017 09:46

Husted, Ok, I agree with that.I expected these to rise to 18p on yesterday's release, I guess some people don't get past the first paragraph.Quite happy to have bought more today.

[husted] 26/4/2017 09:41

No. what Im saying is the opposite. If you mechanically trade then you lose.

What I said is people are automatically selling on news without reason. Trinity share price hasn't had a run up recently.

Sometimes you can buy in for the dividend and 'get it for free', sometimes you can buy cheap after ex-div day.

It's about using your judgement and looking at fundamentals or chart if you are trading. But I don't see any short term or long term reason to sell.

[john henry] 26/4/2017 09:40

Bones tongue in cheek comment,

[mark10101] 26/4/2017 09:19

Spot on Che7win

[che7win] 26/4/2017 09:06

Hustled, seems a mechanical approach, but each stock is different.As example, I loaded up in OSB after an accelerated bookbuild at 6.5% discount to market price dropped the share price on the week it was going exdividend. It was a gift, got 7.5p dividend plus share price bounced from the 395p level up to 410-415p+ in a couple of weeks, easy money.This price here is a gift, the support is slowly rising each time, it started at 12.5p, but support level keeps rising.Higher lows but also lower highs which I expect to be smashed soon once the market digests the opportunity here.

[mark10101] 26/4/2017 09:06

Busted, my fall back/safety net here is a take over, it will have to be over 20p if it comes, however I hope that is not the route we go.

[husted] 26/4/2017 08:44

I usually just sell on news when the share price has had a good run. Sometimes the share price will fall by more than the dividend on ex-div day when its had a good run, so sell before the news is the idea. But I don't think share price has has good run (is overbought).

SP is very undervalued. If they don't get the share price up, trinity is vulnerable to a cheap takeover imo.

[bullet ant] 26/4/2017 08:41

I will take a wild guess to say

Punters are selling. Maybe I could be wrong.

[che7win] 26/4/2017 08:36

1/3rd market cap in cash, throwing off cash month after month.Production rising this year, margins well up from ~39 dollars to ~50 dollars against fixed ~30 dollar costs.33% margin up to 70% margins, double profits, these look mispriced so who is selling?

[che7win] 26/4/2017 08:24

Nice time to top up

[bones] 26/4/2017 08:21

John Henry, is shareholding really your thing? You only appear when complaining about down moves. It's the same on another thread of a share I hold, VRS. Why the negativity when you hold? Genuine question.

[john henry] 26/4/2017 08:11

Well I guess you called the update correctly eventually AimM. Unfortunately the rerate appears a derate.