Key Questions to Address - Jan 2019, page-54

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champkan

9 Posts.

24/01/19

13:21

Post #: 37211941
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Originally posted by luanboo: ↑

Sharpey, I feel reasonably comfortable to continue holding my investment in Alliance Mineral and will continue to accumulate on SP weakness, like the latest round of sell down.

What has changed is my expectations, as explained below.

As my earlier post, I do feel tired holding AMAL since Sep 2016, after going through the many wild swings with the old AMAL sagas, almost 1 year of merger proceedings and recent sell-down due to ineligible holders. It seems like we were always waiting for the next milestone and when the long wait was finally over, the outcome doesn't seem to match the expectation and we were off to continue waiting for the next milestone again. On the hindsight, this is all just parts of the "growing pains" of every business entity. And there is really no short-cut, no matter how much we want it to grow quickly, the business have to move in steps and deal with the many hiccups along the way. Unfortunately for me, the 2016/2017 upswing in the battery materials sector had probably caused me (and probably many other investors) to have misaligned expectations for the sector and naively believe AMAL will take the super accelerated growth path. I have readjusted my expectation and reset my timeframe to this investment.

(If you would like more discussion, you can PM me on TW @luanboo, or drop me an email at [email protected])

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do not know what you guys think
do you guys feel that we are being mined?
sorry, the word should be "undermined"?

watch how gxy today being whacked out of the galaxy!

A40 Price at posting: 21.0¢ Sentiment: None Disclosure: Held
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Key Questions to Address - Jan 2019, page-54

Top Stories

Sales growth pushes Lovisa's fortunes (and shares) upwards

HotCopper Highlights: Your most watched stocks for Week 47, 2024

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

Scientific conference spotlights PYC's work on blindness disease treatment

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL