pasak
05 Aug 2016
Re: BLT 20.5% in last 7 days Sold at 1005.50. Now sidelined.
Gooffy
04 Aug 2016
Re: MOLEMAN! Er thanks I did think this was overvalued just the couple of hundred down nowMight have to take the hit having read up more, wrong way round I know but basically what on earth is justyfing your post!
MoleMan99
03 Aug 2016
Re: BLT 20.5% in last 7 days Waiting for the 700's to get back in. US oil under $40 and H2 looking bad on the oversupply issue. Declining oil output from BLT, strengthening pound, Iron ore about 15% down on last years average price I reckon.Sense will prevail, maybe when traders get back from the beach.Might wait for 600's again.
pasak
20 Jul 2016
Re: BLT 20.5% in last 7 days Back on board with a first tranche at 909.90. Will buy more tranches if we see lower. Terrible BT connection, taken me 5 minutes to write this message. pasak
MoleMan99
20 Jul 2016
Operation review The first evidence of reality.Commod prices around 30% below 2016. Output down on oil, projected to decline up to 17% in 2017. Samarco rumbles on. International tax fights.Not alot to like. Barely break-even at these commod prices?
MoleMan99
15 Jul 2016
Re: BLT 20.5% in last 7 days With you there. Cleverly sold out of BLT because of all companies, miners would be crucified by a Brexit vote. What do I know, or any epxerts for that matter.I do feel it has peaked now, and the long summer will see it sink as reality checks in. Oil glut still there. No QE from the BoE or anyone else anytime soon, commod prices still low as they were before the vote, sterling strenghtening too. All bad for BLT.600p is more sensible.
pasak
13 Jul 2016
Re: BLT 20.5% in last 7 days Shanks,I've sold the other half of my position at 1017.xx. Hoping for lower prices now. Zero holding.pasak
Shanks Pony
04 Jul 2016
Re: BLT 20.5% in last 7 days Hi pasakWell done, seems like staying in has paid dividends. when I saw it initially drop after Brexit I thought I'd timed it right again, but after a couple of hours my thoughts soon changed! Still can't get every one right.I'll just sit and wait and see if there's another entry point. Good luck 
pasak
30 Jun 2016
Re: BLT 20.5% in last 7 days Hi Shanks,I not that confident this will go higher in the short term (currently 918) but I've opted to sell BP at 428.23 so to hedge my position I will leave my remaining long position in BLT. Hedging always a winner and safe, imo pays off overall. pasak
Shanks Pony
23 Jun 2016
Re: BLT 20.5% in last 7 days Hi pasak Sorry I'm a bit late too, meant to post earlier but it's fairly dead here and I forgot. I tried to hit the sell at 870 but got out at 868. Thought it was a nice little profit even though if as expected tomorrow it will be a stay vote and short term this may go to 880 or even 900. I'm not brilliant on fundamentals and really have been trading this on where I see sentiment. I'm fully aware that one day I'll miss the boat when favour returns to commodities but as my posts have shown I'm getting in and out nicely and small returns (7% here 10% there) have really added up. Hopefully in a few days after the referendum chat has gone quiet this will retrace again and I'll have another go Good luck tomorrow, I think you'll see that rise
pasak
23 Jun 2016
Re: BLT 20.5% in last 7 days What you been up to Shanks? It's a little late to post it but I put a limit sell in this morning at 871 for half my position and got filled at 871.10 at 10.03 am. I also sold Kier Group early afternoon at exactly 1250, overriding a limit sell I had on that at 1253. It may have touched 1253 later, not sure.Basis for my sell was mostly technical, the fundamentals looking good with remain 85% likely to win according to pundits. However, I also believe that we have seen a big rally since the sad murder of Jo Cox, the sly pinning of that on Vote Leave and the resultant recovery of the remain vote so I fancied going contarian.So far it's paying off though obviously if we see a remain victory, higher prices will probably be seen tomorrow. If that happens I may sell into strength, highs might be be Friday and/or early next week imo.Hedged anyway, usually the right strategy.pasak
Simbrad
22 Jun 2016
"The update highlights the plan formulated by BHP Billiton for its coal business to enhance returns by reducing costs, increasing productivity and releasing latent capacity. The company has been working to build a strong portfolio to endure the negative impact of challenging market conditions. We appreciate BHP Billiton’s efforts to improve its coal business. Nonetheless, the outlook for the coal sector remains bleak, with a slowdown in some developing and emerging economies supressing demand." Beaufort's view out this morning on research tree
Shanks Pony
14 Jun 2016
Re: BLT 20.5% in last 7 days 'redit - you wanted sub 8, you've got it 'apologies I mean reader!
Shanks Pony
14 Jun 2016
Re: BLT 20.5% in last 7 days Hi pasakI've just bought back in, but only with 60% of what I've been buying with as it's possible that current sentiment could take this further south (especially with Brexit news today on the polls). I'll keep the 40% back and top up if an opportunity arises. Long term sentiment will be fine as many of the major FTSE players derive so much income from outside the UK anyway, but it's short term that can provide opportunities.redit - you wanted sub 8, you've got it
pasak
14 Jun 2016
Re: BLT 20.5% in last 7 days Back in for half my recently sold position at 800.5. Mebbe I've been a bit generous, given the dire market. What about you Shanks?
