Evening Breezy, I'm staying disciplined with JLP and holding for the long term. They have made incredible progress this year but the financials won't come through until next year. This business has turned itself around very well over the last 2 years and is only at the start of a new growth period. It is now on a solid and stable footing to move forward over the coming years. Get quick rich merchants and day traders aren't going to be impressed by JLP but long term holders will benefit if they remain patient and just keep buying on the dips. Have a good weekend. Cheers idg69
Hi idhg69 Its been a good year for jlp as they have made good progess but for some reason the share price as not moved. My 7p prediction for christmas is way off the mark.I think 2018 will be the year shareholders patience will be finally be rewarded as the next set of results should show jlp are making serious money.
At the current rate we are declining we will finish the year lower than where we started at 3.6p. Logic doesn't apply to this stock - considering the progress made both operationally and financially this stock should have stayed above the 6p line after the Tjate news in March. Sentiment on the BB is very low with too much petty squabbling for my liking. Whilst I'm disappointed it's going backwards, I'm comfortable holding for another 2-3 years.
Re: Volume... Personally I'm adding as we go lower. In my opinion the next quarterly results will have the positive impact we are waiting for. Plenty of potential news to come between now and then also. Still waiting for the 'blue chip' deal.. Now hold 800k and have made enough cash available to double up.
Re: Volume... ch - well grandpas club or not, you are welcom to make rational comments (and apologies to anyne NOT in the grandpas club who feels unfairly included!),. rather than emotion driven stuff - the benefits of granpa's comments is that they a) tend to have been around the block a bit, and b) try not to let too much emotion kreep in.... its all a matter of taste, of course, BUT we all make mistakes and its important to accet where responsibility lies...... all in my view of course - I wish you luck -
Re: Volume... "I just here to make money so I want the share price to go up - its that simple and I don't want to be holding a bag of shares doing nothing for an age, I am not here for up votes either...sentiment with the last placing "ruined" it for all us, they need to fix that!"Sure it's about the money and the share price but I want to call it right too. Volume can be nil every day for the next 6 months for all I care, the market can take a flying fu&% through a rolling doughnut, as long as the ramp up in Hernic production continues, I'm onto a winner.
Re: Volume... PS - I am normally use myself and an indicator for tops or bottoms...PS - this does feel a bit like the grandpa's club over here...
Re: Volume... "Imposing your rather distorted view". AR - judging by the price action and lack of it the market agrees with me. Mining Lic we down, production up sp down, new projects we down...something is not right...PS - btw you guys were saying how this should fly if anyone of these happen...gosh theweeble put me off seakelps 100% profit share tip...but my view is very distorted...dream on dreamers
Re: Volume... Completely agree with Mr Reilly's sentiments on this and would emphasise I have taken a number of 10% losses over the years and sold as I thought the sentiment was going he wrong way only to buy in at a lower price (not always but I usually bought back)One share of mine I bought and saw it drop 12% and cut my losses in the short term to see it drop even further but I liked the share and having done my own research after listening to others comments I bought back in not quite at the bottom but not far within the space of a couple of months that share is now over 100% up.I haven't sold as I believe in the share and yes i took a risk that i might miss out on a share I really like the look of but the gamble was mine and I was to blame if it went wrong.I also lost £13k on FML but again I was to blame no one else. I don't whinge about it as that does no one any good.I actually look at it that the whingers are looking for a way in and want the price down and these that ramp are looking for a way out so want the momentum to favour them.Looking at your comments you have money to spend and see this rising I admit I know nooothing
Re: Volume... ch - 'is a share hated as much of this one?' Imposing your rather distorted view on this share isnt going to help either you or others get a more sensible take on its prospects..... Shares can go UP and DOWN, or not make a lot of progress too! It was your decision to buy into JLP I assume... no point endlessly expressing your disappointment.. sell up if you think you have made a mistake - we all make them! ARPS - I wish you luck with JLP, IF you continue to hold, and elsewhere, but a useful thing would be a constructive comment or two.
Re: Volume... Eventually the market will wake up to the fact that JLP is now a profitable cash generating business and all LTHs will reap the rewards of patience. At the last quarterly update we were told "Our overall debt incurred towards the construction and commissioning of the Hernic project has been reduced to GBP 3.23 million (54.13 % reduction)" To the best of my knowledge, the only way of paying down debt is by generating the cash to do so - and remember, there are plenty more income streams to come in 2018.GLA
CH....spot on! all the rest is just bla, bla, bla.........."jam tomorrow" as our good friend Jonmor would say.....but all we ever seem to get tomorrow are more placings
Re: Volume... I just here to make money so I want the share price to go up - its that simple and I don't want to be holding a bag of shares doing nothing for an age, I am not here for up votes either...sentiment with the last placing "ruined" it for all us, they need to fix that!
Re: Volume... I'd rather Colin and Leon fix the company than the share price. The share price will fix itself if they get that right. Trying to fix the share price causes volatility and undermines confidence. Once they have earnings, they can sell JLP to institutions but while they have losses it makes more sense to address that than try to sweet talk the market into putting more value on profits that haven't been made yet.
Volume... 201 shares traded in 1 hour of the markets being open. I don't think there is a share hated as much of this one - Colin/Leon - fix it!