Zibao Metals Recycling Share Discussion Threads

[maytrees] 14/9/2017 10:14

Steadier now.

[ny boy] 12/9/2017 12:15

Not surprised it's come to ff, a load of hot air, pin inserted.

EME far better play to buy on dips imho

[recordz] 11/9/2017 21:00

I think they talked it down in the RNS.

[andrbea] 11/9/2017 14:34

andrbea
Today 13:53 I read it as good. a substantial increase in turnover for the year to 31 March 2017. So; IMO, well positioned for when the market picks up, and the current narrow margins improve.


andrbea
Today 14:01 .. and the weak market they describe was as at 31.3.17.
since then eg 31.8.17 we read (about the metals market):

Three-month copper rallied 0.3 percent to settle at $6,788 a metric ton on the London Metal Exchange at 5:50 p.m. local time, near the highest close since 2014. That locked in gains this month of 6.6 percent. Nickel rallied 16 percent in August, aluminum climbed 10 percent, and zinc added 13 percent. The six-metal LMEX Index closed Thursday at the highest since September 2014.

[ny boy] 11/9/2017 14:28

The share price sugar rush is way out of kilter to reality following the rns. 5-25% rise may suffice but even that is generous imho. No doubt time will tell.

[falia] 11/9/2017 12:50

up she goes

[billthebank] 11/9/2017 12:33

yeah Not great news.Back to starting point by the close!!!

[dave4545] 11/9/2017 12:29

Another falia pump and dump ends in tears for those who chase his ramps.

[falia] 11/9/2017 12:28

rns just confirmed the results will be awesome

[falia] 11/9/2017 12:26

what did you want from thr rns nyboy

[ny boy] 11/9/2017 12:25

I don't think so, the rns is not that exciting, I guess all the pumpers have left the room.

[falia] 11/9/2017 12:25

results are out very soon

[falia] 11/9/2017 12:24

ok the weak out up she goes

[ny boy] 11/9/2017 12:20

More like a pump & dump, the statement doesn't really justify the crazy spike, maybe a 10-20% rise, will come back to earth later.

[falia] 11/9/2017 12:17

rns boom boom time

[falia] 11/9/2017 12:17

the results for the year to 31 March 2017 should be published shortly. These will show a substantial increase in turnover, which has been offset by falling margins. Overall there has been an increase in profits as result of cuts in overheads albeit somewhat offset by an overall reduction in gross profits

[falia] 11/9/2017 12:04

ABOUT TO RIDE AGAIN

[falia] 11/9/2017 11:45

BUYING IN THE BACKGROUND

[falia] 11/9/2017 11:44

GET READY 10P COMING

[ch4p_85] 11/9/2017 11:41

Be careful all. We've all seen this rises end in tears...

[ny boy] 11/9/2017 11:39

The Company will need to issue a statement re: the share price movement, surprised nothing yet, if no reason for share price move, the share price will fall rapidly. Seems to being pumped up, one to be careful on imho