Generally Q3 production report looked good to me apart from electricity generation. Disappointing to see SP fall.
VED not performing as well as I would have expected the last 12 months when SP fell 23%. With increased oil price I would have expected that to have lifted SP. Mining companies such as RIO and BLT have performed quite well over the last 12 months. Total borrowing of over £14 billion resulting in negative equity is scary. Broker consensus however is for VED to outperform.
Ved and Kaz are both great shares for dipping in and out of as they both fluctuate by a good margin on a regular basis. Ive looked for other companies in different industries and cant really find anything to match. Over the last year Ive tripled my initial investment and could have done better if Id not hung on and not been greedy. Im surprised these shares dont get more attention.
Rhigos, your post in May on risks in commodity companies have been seen out with sp in Ved this year, could have made big profits buying on dip selling on high? I like the way the sp is moving at present hope to be back in profit soon, must say have had my chance to get out well in front. Maybe next time they get over £9
Means nothing and it always makes me laugh when people quore its a buy its a sell each by its own name must have an opposite transaction in order to take place so again means nothing as each cancels out the other.
Important message from the Financial Conduct Authority:
Posting inside information that is not public knowledge, or information that is false or misleading, may constitute market abuse.
This could lead to an unlimited fine and up to seven years in prison.
If you have any information, concerns or queries about market abuse, click here.
The content of the messages posted represents the opinions of the author, and does not represent the opinions of Interactive Investor Trading Limited or its affiliates and has not been approved or issued by Interactive Investor Trading Limited.
You should be aware that the other participants of the above discussion group are strangers to you and may make statements which may be misleading, deceptive or wrong.
Please remember that the value of investments or income from them may go down as well as up and that the past performance of an investment is not a guide to its performance in the future.
The discussion boards on this site are intended to be an information sharing forum and is not intended to address your particular requirements.
Whilst information provided on them can help with your investment research you need to consider carefully whether you should make (or refraining from making) investment or other decisions based on what you see without doing further research on investments you are interested in.
Participating in this forum cannot be a substitute for obtaining advice from an appropriate expert independent adviser who takes into account your circumstances and specific investment needs in selected investments that are appropriate for you.