Mwana Africa Live Discussion

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Baron83 25 Nov 2014

Re: Excellent day/Daily chart Get some volume now and it's explosive. A repeat of July would do it ;0

Baron83 25 Nov 2014

Excellent day/Daily chart Fundamentals will always reign supreme on whether to buy a stock but there's no getting away from it..... the chart is an absolute beauty. Wedge breakout, 200MA+, 50MA spring board, upper Bollinger breakout etc. Now above all the Moving Averages having climbed above the 100MA too. It has also been a definite pivot on the daily too - horizontals pick that up.Prior to beat 265: [link] will have no qualms shifting those <2p shares higher up. Great day again. This one has the rocket mechanics at the mo - tomorrow looking very good.

Baron83 25 Nov 2014

Re: L2 Yep, MMs want to take it higher again. Not much on 260. Over to the market.

Vincentinvestor1 25 Nov 2014

L2 two large bids just came in on the book , each 1 million no reserve intresting fyi

Baron83 25 Nov 2014

Re: MWA Yeah, each to their own. Fair play.Like you, want a lot more from MWA and not selling any at these prices. Gold still flirting but trying to form a move off $1,200oz

Vincentinvestor1 25 Nov 2014

Re: MWA the 10% / 20% profi takers just fail to see the bigger picture with this company at current sp levels, let them have fun with the pocket money, I am going "very" long for the big bucks!!!!

Rogen83 25 Nov 2014

Re: MWA Day traders taking their 10% profit. like clockwork

Vincentinvestor1 25 Nov 2014

Re: MWA relax and watch this show..mwa is an undervalued share and sp should always be comfortable above 5p

Baron83 25 Nov 2014

Re: MWA The move begins. Now just a case of letting it play out..................

Rogen83 25 Nov 2014

Re: MWA Woooooooooosh!

Vincentinvestor1 25 Nov 2014

Re: MWA Due to the considerable amount of time, effort and risk involved in finding an economic gold /nickle / diamonds deposit and then developing it into a mine, the quickest and easiest way to achieve the sort of growth for which the market brays is via M&A The companies with solid cash-generating operations and high returns on investment that don't play the 'growth-at-any-cost-by-M&A' game will get swallowed by the companies that do.Therefore the quickest way to get 10 p is a take overThe quickest way to get a 100% pay from current SP levels is to watch the SP during th coming days imo

woodcroft53 25 Nov 2014

Re: MWA Apologies 10 to 12 p that should read!

woodcroft53 25 Nov 2014

Re: MWA ok guys - if all is as good as you say it is - when will the sp get to 10 to 12c range?Predictions?

Baron83 24 Nov 2014

Re: MWA Based on fundamentals first............... dirt cheap and an absolute bargain imo. Complement that with today's chart and this will surge if the buyers come in tomorrow.

Vincentinvestor1 24 Nov 2014

Re: MWA bnc for six months profit will have tripled dont forget that mwa used an accounting trick in H1 2013 to have a profit of $4.7mwhats more important is that net cash inflow for the first six months at BNC wa +/-1 million US$ while this year net cash inflow for the first six months will be 7 million US$cash basis will have doubled compared to last year + profit after tax will have doubled , a double 100% whammy!!!!