BarraBod

Yeah everything dropped because of the sneaky market makers who knew people would panic sell. Once they drop the price and get people to sell, they can then swoop in and buy up all those cheap shares, and if you're quick, you can get them too.

I didn't make any buys as I would have to sell elsewhere, but I'm happy with all my holdings so maybe next time

Nearly all my shares bounced back today, some even finishing 13% higher (gold ming company) which is good. Will be interesting to see how the market reacts after the weekend!

Gold finished around 4% high to $1330 (at time of writing this) which is brilliant. Hopefully it can keep at these heights for a while.

Oil didn't do so well dropping nearly 5%, but that has been very volatile the past few days!

Do you have gold [

@BarraBod? My Cousin bought £1.5k worth of Talyor Wimpy stock, I kind of wanted to jump on the bandwagon as I've still bit some money left aside for my 'high-risk you have no idea what you're doing' for investing but just stuck with Barclays. They are currently 5p higher then I bought them from.

I am hoping the markets have calmed down by Monday and they get up to around 170p or so before Xmas.

IOG are meant to start drilling in a few weeks many people are predicting they can go up to 25p+ if everything falls into place, so fingers crossed.

No gold, just shares in a gold mining company. I felt gold was too volatile.

I noticed Taylor Whimpy had dropped nearly the most in the FTSE100. I stay away from FTSE100 as the returns are slow, but there were some bargains to pick up on Friday!

IOG also announced that they bought over the Blyth field for a - not too bad - some of money. It all helps in the long run. I haven't looked too much in to IOG so I don't know what their operational costs are and how < $50 a barrel of oil will effect their returns, but it seems to be good as they are still going ahead with it. It should see a steady climb once all the news comes out! Have you got an idea of what price you want to sell?

I'm just clicking buttons [

@BarraBod so I don't know. From reports and my cousin (followed them for years and made a solid profit ) he expects them to hit 30p this year and maybe back to 45p+ if everything goes to plan. I have no plan on when I'll cash out but if they do hit 30p I'll be taking some of it out to re-invest in other stocks if they look good.

If the markets spike down again I may get on the Taylor Wimpy bandwagon too on Monday. Going to do some research on them and see what others are suggesting.

Should mention BT too if they go down any further.

How's we getting on

@BarraBod, my Fundsmith equity fund is up around 6% within a month which is awesome. Took a Punt @ Taylor Wimpy at 125p and they are sitting at around 130p now, have NFI what I'm doing so may small for a small profit, my Barclays (another NFI what I'm doing) are down a bit.

I bought the Naked Investor, good read so far and he's already touched up on fishy mistakes I've made so far.

It's a really good read

I spotted a few mistakes in my first few trades when I read it. I think I've sorted that out now (except his minimum market cap of £35m rule).

All my holding are hovering around the price I paid for them. Some have put out some really good news so looking forward to hearing more from them. Not made any buys or sells since my last update. Some of my shares dropped 20% and went back up in a week, for no reason (Brexit?). AIM can be weird.

6% in a month! Looks like they took full advantage of Brexit! the FTSE100 has did quite well since we left Europe. No idea why the pound is doing the opposite.

Price of oil is on the fall again, which is never good to see. Gold completely outshining everything. Last I saw it was at $1350/Oz. Which is the highest it's been in a good while. Good for my KRS holding

Fundssmith on the day Brexit totally killed it and the days after too, I was worried as I felt that would be hit like everything else.

I've spotted more than a few in the first 4 chapters alone lol. I should also say my IOG shares are down too, waiting on good news but if it's bad I can see the SP drop, hopefully it comes good, but got a stop-loss in place anyway.

Going to do some research on a few companies over the weekend and see if there's anything worth buying, think I'll read a few more chapters on the Naked Trader first.

My Taylor Wimpey punt has come in, they are at 151 at this moment in time, shame I didn't buy more discounted stock after Brexit.

Not sure if I should sell now or wait till they get to 160~.

Nice

Good to see you took advantage of Brexit. I can imagine A LOT of people did! I was reading a BB the other day where a guy said he put his house deposit on a company!! Pretty crazy considering it was an AIM listen company. He said he didn't need the money for a couple of month, but things can easily go wrong.

I've not researched a company in a while. Have you looked at WT's fundamentals, or any news from them? Maybe good to have a quick look at their news for an idea! Looking at their chart, they seems to be keeping steady after the recent boom last year. No idea where it will go as I've never looked in to them.

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Looks like IOG have an exciting month coming up. Its anyones guess what the result will be in August. I'm not sure how long it would take for an offshore find to come into production.

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Source: Vox Markets

ForTaylor Wimpey I've done about 0.01% research, just had a punt coz I'm an idiot and was like "oh they fell 30% let's buy some". I'll decide tomorrow whether I'll hold on to them a little longer or sell. Was hoping a interest rate cut today as that would have worked in their favour share wise.

For IOG, that's why I invested, they are doing quite a few things in July/August and if it pays off, they could be worth 25p+ (I hope), if not then my stop loss will kick in and hopefully I'll only leave with scraped knees. They went up a bit today but was hoping it would have been a little more than 1.2%.

IOG went up 28% this week and even hit 22p which is huge!

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I'm in two minds to sell them and take the profit or invest more when the share calms down next week, not really sure on what the best play is.

@BarraBod you got any input on Facebook stock? I' thinking about buying some as I feel they are only going to get bigger and bigger as more businesses use it to advertise.

I was at a 50/50 decision to buy EOG or IOG a while back. IOG were at 8p and EOG were at 6p. I would have made over 150% on my money if I had went for IOG. The next 2 months should be interesting for IOG. it's one of those "sell and take profit and not worry about the outcome in 2 months" or hold and see it through.

Not looked in to Facebook. it's one of those companies I feel have achieved everything. But they still come out with surprises. I might have a look.

BarraBod: Comapany with potential

Sirius Minerals (SXX)
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Potash is used as a food fertilizer, and is supposed to be one of the best.
The DFS the company completed showed they could be making between $1bn - $3bn annually for 15 years, which is crazy for a company with a Mcap of £421m.

There are of course the downsides. First production will be in 2021 but full production won't be until 2023. The company are looking at around $3.5bn in financing to get them to full production...which is A LOT of money. But looking at the potential, I see no problem in them getting this.

You can read the full DFS here

I'm not invested in this myself as I don't have enough patience! What I've written here is literally the tip of the iceberg! There are a lot more things to look at but that's for the investors to do so I'll just leave it at that.

I posted this a while ago when the company were at 18p. They are now study at 27p and even touched 30p a few days ago. I'm sadly not invested here but I can still see this company climb more. In 10 years they will be massive. IMO of course

DYOR.

My friend was on about them. Not a bad day week for EOG mate, up around 10%. Looking to get involved in some gold and silver for long-term, they rallied quite a bit lately so will wait for them to drop down a little before picking some up. My Fundsmithy equity is doing pretty nice too. 7% up since I started 1.5 months ago.

Sold by TW (152) and IOG (21.75) after their big upswings this week, may buy back in at a lower price for the latter if the share price hits 19~ next week.

Yeah good to see EOG rising, even tho I've no idea what the rise is about

FundSmith seems like easy money!!

Good to see you take profits when its made! Have you been looking at other places to put the money or are you waiting it out to see how IOG or gold get on?

Not really sure what to invest in asides from Facebook. I'm hoping IOG hits around 19~ sometime this week and I'll buy back in, hit 19.50 today but the buy was still 20.

I'm also investing a monthly amount into another fund: 7IM adventurous funds AAP.

I do have Shell on my watchlist for the future, they are getting bummed right now because of low oil prices, but if oil goes up to what it was before, there may be value to be had. But that's long-term watch I feel.

Just had a quick glance at Facebook. First thing that popped up was their quarterly revenue was up 59% compared to the previous year and it was a lot higher than expectations. With a Mcap of $3,55bn, how much higher can it go?!? With Googles $500bn and Apples $561bn market capital, can Facebook take over these to be the biggest company in the word?

Their company chart for the past 3 years is very impressive:
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I'm not going to look too much in to them as I probably won't invest.

The price of oil isn't looking too good, still below $45! It would be good to see this pick up again!

Some good news from one of my holdingsCTAG . If anyone is bored, the RNS is here for reading.

Another one of my holdings SDX has been rising steadily. Hopefully this continues with news to come!

I see IOG and SXX have also been rising on no news! I think people know something that we don't!! Sadly one of my holdings KRS announced that they made a loss in the second quarter of the year (£70k) which isn't much, but the market reacted badly to it. hopefully they can get their other mining pits up and running to increase production! I will wait for Q3 updates before deciding anything with them.

A quick snapshot of the commodities today! Oil creeping back up, we will hopefully see $50+ soon. Gold with a little pull back but still looking strong.
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