40 replies to this topic

[longterm413]

I take that back. Directors offloading like crazy. Highest offer 43c - def Staying away for now.

It's just the one director is it not? I don't mind them selling as then there's more shares held by the general market. Their directors hold most of the shares which is good from an agency point of view but restricts the volume traded

[Magnet]

I take that back. Directors offloading like crazy. Highest offer 43c - def Staying away for now. <br /><br />

[Magnet]

If it hits 40c im all in...<br /><br />Sent from my GT-I9500 using Sharenet Sharechat mobile app<br /><br />

[yusufm]

approaching its all time low....

May start buying if it drops a bit lower

[Bossie940]

Jip only time wil tell with this one.

Bossie

[Procrastinator]

Interesting that the directors have been selling off their shares the last couple of monthsBossie

Indeed interesting, no directors have bought shares since Dec 2013' they have been sellers this year.

Only thing I can think of is that as a chunk of their sales are linked to mines etc, the results going forward will not be as rosy as they looked as at end Mar 2014.
The directors and other insiders can see the writing on the wall hence the sell off.
Sales could have slowed considerably since late last year.

Next trading update prob won't be good?
We shall see, I will follow with interest, even though am on sideline now.

[Bossie940]

Interesting that the directors have been selling off their shares the last couple of months

Bossie

[yusufm]

Decided I can find better returns on investments elsewhere. Closed out my holding now. My largest losing trade on a smallcap, ah well

 

My stop loss triggered at 51c, all sold.

Keeping it real on the alt x.

 

Rather make a 0% return in cash than a loss holding a company that SHOULD move up but isn't.

It's always possible to re-enter when it starts moving, whether that is at 60c or at 30c.... (the latter seeming possible  ).

[Procrastinator]

My stop loss triggered at 51c, all sold.

Keeping it real on the alt x.

[Magnet]

50cents? This is insane

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[longterm413]

I'm in at 65 cents, I reckon that if you are playing in the alt x companies at the very least it is safer to be in a company that makes money.

So many of them just burn cash and trot out excuse after excuse.

Yes exactly. This one and ISA are my small caps

[Procrastinator]

I'm in at 65 cents, I reckon that if you are playing in the alt x companies at the very least it is safer to be in a company that makes money.
So many of them just burn cash and trot out excuse after excuse.

[yusufm]

I don't blame you. I bought at 58. Going to hold for a while though - Their performance can't go unnoticed forever

yip they are a great company. When I see the share price (eventually) begin moving, I'll most likely re-enter.

Bought at 80-something, so been holding and waiting for long enough lol

[longterm413]

Decided I can find better returns on investments elsewhere. Closed out my holding now. My largest losing trade on a smallcap, ah well

I don't blame you. I bought at 58. Going to hold for a while though - Their performance can't go unnoticed forever

[yusufm]

Decided I can find better returns on investments elsewhere. Closed out my holding now. My largest losing trade on a smallcap, ah well

[longterm413]

An absolute star performer in the steel industry, just wish the share price would reflect this.

[Procrastinator]

I have some of these too, I think the market is not too keen on steel companies re Arcelor decline, (albeit that they are manufacturers and business different to BSS), also maybe some contagion from the fact that "alert steel" just applied for business rescue, I believe that Argent is busy or has already closed their steel trading division. These factors should be positive for BSi as competition less?

[Magnet]

Are these shares ever going to move again??

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[ajay]

Yeah - second time there hasn't been a reaction to the results.

 

Guess we just wait till it rockets!!

 

 

[Queen B]

I topped up some more at these current prices.

Been carrying them for about a year now and cant figure out why they haven't performed relative to their good results.

They got up into the 80's a few weeks back, but dropped back down to current levels.

I still see potential here and have increased my holding accordingly