Cheers Breezy, thanks for your kind words. I'll be OK long term, it's just a bump in the road. Business has been pretty good for 18 years so I was due a set back at some stage. Once you're invested in something like JLP you become emotionally attached (worst thing you can do) and you hang on in there despite the pitiful gains year after year. I still think 2019/2020 will be transformational for the company but I see a strong headwind coming in the form of a global stock market correction. 10 years of growth artificially funded by quantitive easing is coming to an end. Trumps trade wars, UK housing & retail slow down, Brexit shenanigans and the threat of a Labour/Corbyn government don't bode well. I want to sleep well so for me cash is king over the next 12-18 months. You can probably tell that I'm wearing my cautious trousers at this moment in time. Wishing you well. idg69
Hi idg69 So sorry about your contract loss but iam sure you will bounce back.Gutted for you having to sell your JLP shares after holding them for such a long time but iam pleased you got out with some profit.Dont blame you one bit for selling up as shares on Aim are a huge risk as we found out with BHR. I do think JLP will come good but i have been saying this for the last four years. I wish you well and hope you turn things around and please stay in touch my friend.
Hi Breezy, despite saying I was happy to hold for the next 2 years, I have reluctantly sold all my JLP holding. Circumstances dictated they had to be sold I'm sorry to say. I'm self employed and I have just lost a big contract which will put pressure on finances in the near term. I cashed out whilst I had some profit to take, I couldn't afford to see this fall back to 2.5-2.25p and then need my cash out at a loss. I'm also very twitchy the world markets are going to start a big fall in the next 6 months and as good as JLPs prospects are, they won't be protected. If JLP booms in the short term then I'll regret it but I can't take the risk of loosing any profit at this moment in time. I'm sickened to have to do this as I've been patient for over 4 years and JLP are on the cusp of making it but needs must. I'll keep posting from time to time and I wish you well my friend. Signing off for now idg69
Hi Breezy, disappointed to see the fall back to 3p but the fundamentals are still strong for JLP and the future 'should' be bright. I'm back in profit if only 10-15% which is comforting in these uncertain times. WIshing you well my friend. idg69
Happy days for JLP holders,roll on tuesday morning when hopefully the RNS will land with some good news.Have a good bank holiday weekend everybody.
Does anyone have the video link for jubilee metals at UK investor show
Well done Breezy, I sold my 2.4p buy at 2.7p to see it sail on to 3.45p today, I'm not too miffed as it was only a grands worth. Your 2.25p top up was very well timed and you deserve some change in fortune. My Jubilee profits now cancel out my AFC losses, but I won't be selling any JLP for at least 2 years - unless we get a silly spike to 20p+ and then I just might.
Hi idg69 I am so pleased you got it wrong about the shareprice dropping back to 2.50. Exciting times for JLP holders and our patience is about to be rewarded yhis year. Might be a big RNS coming Monday and hopefully get the shareprice above 4p. I had a top up at 2.25 while i was on holiday very unusuall for me to time it right. Have a great weekend and roll on Monday. e
Hi Breezy, I'm delighted to be back above my average and in profit for the first time in a while but I'm not counting my chickens just yet. I think this is a temporary rise and we'll drop back to 2.5 before the next RNS, then I think it will start a slow steady rise.
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