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@samval2403
thats a stupid statement.
Anyone who buys on the back of something that is said on an anon BB deserves to lose everything. So if you're speaking on behalf of these people, I'd pass that message back.
You have to be a seriously thick t.w.@t to buy without research. And if people didn't sell when they had the opportunity, tough titty. It is what it is.
All you people blaming others for their losses should be let nowhere near a financial market. You pressed the buy button, your problem when you sell.
Shut up and go and take a look in the mirror. That's who cost you money
And if the FED/BOE raise rates again,tomora
another new low,on those sectors below
Razor
since the central bankers have sent rates to the moon.
even the blue chips,in certain sectors,have been hammered in the last 18 months or so.
retail,advertising,tech stocks,crypo,real estate....and other sectors,especially,if they have high bebt loads.
so at some point,central banks will start holding rates,before dropping them.
get your timing right on some of those comps,that are on an 18 month low and you'll have got your TIMING,Spot on
ok,you have to choose a comp,that's in good shape,to recover
for example,s4 capital,it hit a 2 year low yesterday at 67p..so peeps were piling in,hoping they had caught the bottom..
boo's another one,2 year low....30p is probably the 2 year low,naer as dammit
there's loads og ftse 100/250 comps,like those
its all about TIMING
Your bullishness has cost real people thousands of pounds Pdub and you haven't learned 1 bit from it! I want BMN to do well, but one of the big reasons you get so many detractors on this board is the attitude of some of the uberbulls, in particular of pdub.
How can you make statements like this, "Mug’s game attempting to predict the outcome" or "Until recently there was no doubt about the Orion 6p issue in my opinion". Both are important information! I said I like the bull scenario for BMN when V was $33k, but at $28k the road ahead is dilution dilution dilution.
I listened to the new CEO, I like him. I like the efficiency hunt. I like the fact that they're shifting Mokopane on even though they took a massive loss on it. I still don't see how right now he isn't going to dilute you into oblivion before he succeeds with this plan.
Interesting news from Taiwan- see https://www.energy-storage.news/invinitys-newest-flow-battery-chosen-as-non-lithium-alternative-by-strategic-partner-everdura-in-taiwan/
KN
Razor, Prompted by your post I found this
https://www.tradingview.com/markets/stocks-united-kingdom/market-movers-oversold/
Of interest perhaps (despite including some very low cap stocks eg. AST DEMG etc) they don't appear to consider BMN oversold!
I got out of here years ago. If I stayed I know I would be a lot lot poorer
My pension is in the Vanguard S&P 500 tracker. No problem with the safe investments but it'd be nice to have some success with shares too.
Samval, a good fund. Or a global fund such as the L&G global 100.
Razor. Take a look at Centrica for one. Even basic ftse 100 trackers are showing circa 50% uplift since the lows of Covid. But I guess a steady rise does not give the rush of adrenaline that an Aim stock will give with their roller coaster ride.
Buy the MSCI All World Razor, sit back and relax
So you guys who do nothing but criticise BMN, help me out a little. Can you suggest any shares that might actually go up? I've been thinking about the UK stock market and the truth seems to me that the FTSE is carried by the big dividend paying blue chips. Normal shares just don't go up, I've filled out my tax form and I'm starting to look at the american shares.
I'm sure some of you geniuses must know something, having been right all along.
It’s a disgace the money burnt here why management reward themselves. Had £60m cash in 2019!!!!
Samval as you have addressed me by name I will exercise my right of reply.
Let’s deal with Telegram Groups first. I am a member of three and recognise that each has its rules. I obey those rules. If you were removed from a group it will be because you did not obey those rules. Your choice. End of.
Next the comments aimed at me. Those are your opinions. I disagree with them. Not getting involved in pointless personal attacks.
Now to the proper content of your post.
Orion. Until recently there was no doubt about the Orion 6p issue in my opinion. However the MUST backstop shares, issued as a result of the failure by MUST to meet its obligations, and the recent SPR announcement may materially affect Orion’s position. I am now of the opinion that it is possible that a renegotiation of terms may be taking place. Mug’s game attempting to predict the outcome. Just have to wait for result.
Long term V price. On this I have to challenge you. Your comment: “early this year or late last year that V outlook didn't look good to me long term”
First of all let’s define long term. This is not weeks. It is months and years. The demand for vanadium is still largely for rebar and that demand as we know fluctuates, causing rises and falls in the price. However VRFB contracts are increasing and this will lead to the demand for vanadium electrolyte increasing. This is likely to be a significant driver for rising V prices long term as it forms a greater proportion of vanadium demand.
You claim to have taken a position back at the turn of the year that long term v price did not look good. For reasons given above I certainly would disagree with that. More importantly so does every industry analyst I have read both then and now. And BMNs own analysts (SP Angel, ARC, RBC and BNP Paribas) all have 2023 realised V price for 2023 between $35 and $40 kgV and $40 for 2024.
It would seem that those that should know more than we do disagree with you.
Don’t confuse the current V price with the long term trend. The v price can be quite volatile and is capable of bouncing back quickly and sharply.
In most of my posts I regarded 2021/22 as a period of investment in Vanchem and Vametco and identified 2023/24 as a period of potential return to profitability on the back of rising production, decreasing costs and rising V price. Despite recent developments I still see that as the most likely outcome over that two year period.
Just my opinion. DYOR.
The same old repetitive spiel
the bullies,making out the bullied,is the bully.
anyone new reading below,going back months,,,,will be baffled,
thinking theyre in some kind of parrallel universe,where there's a group of posters,chatting amongst themselves
and another group,attacking they're every post,continually
Aimwolf is bob on; many great points made today. I recently got stopped out here from my June entry (and chucked from the telegram group for the audacity of having a stop) and saw it'd hit a new low today so had a look in again. Vanadium well below BMN break even now. They're going to give up a lot to Orion imo That 6p conversion seems unlikely to me.
Following the theme of pointing out the hypocrisy of the uberbulls here, I said in the TG group early this year or late last year that V outlook didn't look good to me long term. Mr Superior Pdub tried to dress me down over it. 99% of other commentators I wouldn't have bothered bringing this back up, but considering how hard these guys are still going defending BMN it felt right. It goes to show a know all attitude can be a road to ruin no matter how well researched and smart you are... Or think you are.
PDUB copy paste is great. Mind sharing the source?
I offer no opinion my naked french butt
Once again cut and pasting about the global market - no mention of ALL the operational challenges that this outfit has faced over the past 10 years. DMF.
It is also worth remembering that China is increasingly moving towards the rebar 4 standard which requires double the vanadium content of rebar 3. Therefore even if Chinese steel demand remains flat or gently declines the demand for vanadium still goes up as the higher standard takes effect.
Not everyone agrees that the global steel market will contract. These are comments from analysts and market participants published in the last month. I offer no opinion.
August 2023
“Overall, the Steel market is poised for continued expansion in the coming years due to the increasing demand for sustainable and innovative products, as well as the widespread adoption of technology. By 2030, the global Steel market size is projected to reach multimillion figures, displaying an unexpected compound annual growth rate between 2023 and 2030 when compared to the figures observed in 2021.”
August 2023
“The global flat steel market size was valued at $513.55 billion in 2022 & is projected to grow from $433.83 billion in 2023 to $734.77 billion by 2030...”
August 2023
“Structural Steel Fabrication Market was size valued at $ 6.111 Billion in 2020 and is projected to reach $ 9.78 Billion in 2028, growing at a CAGR of 5.36% from 2021 to 2028.”
September 2023
“Structural Steel Fabrication Market was size valued at $ 6.111 Billion in 2020 and is projected to reach $ 9.78 Billion in 2028, growing at a CAGR of 5.36% from 2021 to 2028.”
September 2023
“The global steel market size reached US$ 907 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,077 Billion by 2028, exhibiting a growth rate (CAGR) of 2.8% during 2023-2028.”
September 2023
“Steel rebar futures rose past CNY 3,825 per tonne in September, the highest since April, as new data from China dimmed concerns of low resource demand from the world’s top steel consumer. Industrial production, retail sales, unemployment, and new yuan loans were better than forecast in August, raising hopes that a series of economic support measures from Beijing could dampen the country’s housing slump and financial contagion worries, improving the outlook for commodity demand”
You're very welcome to them Metatron. Good luck.
It's not about knowing the future it's about preparing for all eventualities. Fortune clearly after 2018 went day to day thinking Vanadium was the next thing.
From BMN I'll be adding one aspect to my research.
- when market conditions were optimal and profit was high (as it was in2018) has the CEO kept his cool, took the opportunity to clear debt and build a cash pile for head winds or Did he go crazy on fantasy investments
Meathead I’d say with some certainty that’s not the only large portion you took last week 😉
I've already taken a large portion of your shares Nobby.. thanks (assuming it actually was you)
Lets see how it all pans out..