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Tipped today as a speculative buy

lse:sxx

#2

hI kapelomi
Just had a look at what you post on , looks like you saw this one before me think i bought in 2015 .
You do not hold many different shares it appears i have never heard of City Confidential any good ?


#3

Hi Ripley, I no longer subscribe to City Confidential not even sure it’s still in print. It served a purpose for me at the time but I found that it concentrated mainly on smaller companies, many of which failed to make it. Yes I’ve been in Sirius for many years now through all the permitting process and now construction. If ever I held a “banker” share then I do believe this to be the one. With regards to shares, and posting, although over the years I’ve held many ( currently only about 25) I have never been a prolific poster. Generally happier just to follow the boards and quietly chuckle at some of the comments.


#4

Thank you kapelomi
I used to just read but occasional you come across a genuine sounding poster , i found you cant trust advise of brokers ( maybe its the type i use )
I was encouraged with this one when i discovered by chance only this summer a friends father also had and was very confident .
He shares your view on it , only looks at his shares couple of times each year unaware and not interested in price movements !!
He is friends with his broker ( a posher higher fees one ) so i think he would be contacted if a CA occurred .


#5

I guess with brokers they want you to “buy” or “sell” in order that they make a commission. If you lose money many don’t really care…it’s just unfortunate…luck of the draw or poor timing. I used to hold a PEP (now an ISA) and allow them to manage it for me, but always felt that the results were not good so converted it to a self select ISA a few years ago and honestly feel that I’ve fared a lot better. true I’ve had some failures but overall I’m still in profit. Have been investing in various markets for about 50 years now, and still feel that they all are “a bit of a gamble” . In fact my very first share purchase turned out a failure…the company went bust…and…would you believe it was Rolls Royce! It didn’t put me off however and I’ve had many successes since…fortunately!


#6

I have had at least three go bust last 12 months alone considerable loss in two of them bigger exposure then normal result of averaging down , one a brokers suggestion .
I noticed yesterday there are others i share with you .
I have hundreds so not a surprise.
Friends father only has a few unlike me if he gets and idea he runs it past his friend at Redmayne Bentley wise way i thought.
After talking to him about SXX i followed him into another he had SAV another miner he liked.


#7

Hey Ripley,
how on earth did you find his old post from Nov 2012. Great read, very amusing to see what reporters thought then, Production in 2016, what a laugh. cheers IB.


#8

Hi icebilly
Not difficult :thinking:
The purpose was to chat to Kapelomi i found him sensible on another board and was pleased he was invested here.
Also interesting this is one of two that loads decided to keep when selling most of his holdings he posted.
Not sure of your view on it ?


#9

SXX…
XXX
20.16p today its been falling noticed its in most traded shares list last few days .
My last top up i see below @ 19p.
( under 20p breach !! )


#10

shares just reached 21p, moving nicely thank you. A good report and News must be n the way. IB


#11

SXX…
XXX
Fund raise book build between 15p & 18p approx i read.
Share down 18%
Spoke to David his broker had sent on report he liked it.
Has about 50% more stock then me , he was in much cheaper and has never sold any.
( G ) advised wait yesterday i ignored him and set limit for 17p .
" if it comes in at 15p its not going to hold 18p 20% above "


Lucky it did not lift yesterday as Rns 7am raise was @15p set limit for 15.5p and 3/4 approx lifted at low point 8.30am… do not think remainder will lift now buys around 16.5p.


#12

Exactly, wait for things to settle down and all the news to be taken in.
Buy on the open offer and hold,
hold for production ramp up 2021-2024.
IB


#13

This forum has to be the worst ever designed to facilitate discussion. They don’t even post the time of the post - it just says “2h”.

The discussion boards on the old iii platform worked really well, and were active. However, I simply can’t be bothered with this crappy version - and it appears most others can’t, either.

Unfortunately, the main alternatives, LSE and Advfn, are both populated by morons and rampers / derampers.

It’s all rather depressing (and today’s SP plunge hasn’t exactly helped).


#14

It has been designed to deal with Topics rather than general continuous chit chat, it is a shame good posters moved away. IB


#15

Quite agree. Very sad day when the old iii platform went. This one is pretty useless.


#16

SXX…
XXXXX
Sliced that top of 8 days back @ 17.55p … strait through on a 17.5p limit thats a sign shes going higher lol
So much for the shares being "Anchored down " @ the open offer price of 15p !!! …up 9% to 19p yesterday .


#17

I was too late for the open offer but still in the blue


#18

Hey, what’s the impact of the open offer price of 15p should I buy shares in Sirius for the first time tomorrow. Would those shares be subject to the 22 for 1 (ordinary for new ordinary) share swap? Thank You


#19

SXX…
XXXXX
They did come off but not below 16p… tomorrow last day ( W ) .
inter sting to see if the excess would of been worth going for , imagine not many spare.
( D ) Took payment yesterday , it has dropped back to 16.8p next day Thursday.


#20

SXX…
XXXXX
Bought that slice of just 9 days ago back for 16p it went higher then my 17.55p slice to 19p one day after and i thought i had made a mistake .
Looks like the remark Anchored was a good one.
The funds have been taken for the 15p OO offer no need I guess for those behind the offer to keep the price up .


#21

Lots of buying this morning at 15.5p
Sells 6M, Buys 40Million shares
Bargain buying?