"They're were some posters insistent on the EXU threads that RMS...

First 108 Last

Share
Profile

Follow
eshmun

11,185 Posts.

2609

22/03/19

01:45

Post #: 37846571
Share

Originally posted by TrendTracker ↑

I told you (as did many others that you were wrong), had become emotionally involved with the stock clouding you're sentiment and that would be proven in due course. It has been proven and yet here you are saying how "lucky" we all got.

So let's look at some of you're "points". Apparently RMS is soaring because of the gold price. Well RSG was $1.20 in Jan and is still at $1.20. RMS was 52c and is now 85c. If it's just the gold price then shouldn't all the producers be rising?

The AUD gold price is up 7% for the last 12 months. It's down 2% for the last month so why are we rising?

Yes VE is buying. I can guarantee you it's not just them though. They also would have had many willing sellers with plenty of EXU sellers dumping their stock. They're were some posters insistent on the EXU threads that RMS stock would not go up and should be dumped. Unfortunately I fear some bought into this hype and costs themselves some significant money. On the other hand hopefully some listened to the reasoned posts on RMS and continued to hold.

If you're talking about stocks and pe ratios while ignoring accounting adjustments and future developments then i'd encourage you to sell RSG. They lost $5m last half so they don't even have a p/e. Let me guess but, but the past doesn't necessarily determine the future right if the prospects are stellar?

Take this as a learning experience about having emotion cloud you're judgement.

Expand

"They're were some posters insistent on the EXU threads that RMS stock would not go up and should be dumped. Unfortunately I fear some bought into this hype and costs themselves some significant money. On the other hand hopefully some listened to the reasoned posts on RMS and continued to hold."

I can't believe you are taking the credit for the rise in the gold price.

When RMS launched its bid for EXU on the 10 Sept 2018 the A$ gold price was $1,680, it is now $1,840.

In the Dec 2018 quarterly report RMS give the following guidance for EM for the March 2019 quarter (which hasn't been ammended anywhere that I can see)

"12,500ozs at AISC of between A$1,550 and $1,650"

Now if the gold price had have fallen $50 or $100 since 10 Sept 2018 instead of rising by $160, how do you think that guidance would be looking now?

Sure it all went according to your expectations. Just lucky my friend and now lucky again that the blind funds are buying. Esh

Last edited by eshmun: 22/03/19

RMS Price at posting: 86.5¢ Sentiment: Sell Disclosure: Not Held
8 Upvote

1 Great analysis

Reply

There are more pages in this discussion • 71 more messages in this thread...

First 108 Last

Add RMS (ASX) to my watchlist

(20min delay)
Last $2.27		Change -0.030(1.30%)		Mkt cap ! $2.514B

Open	High	Low	Value	Volume
$2.27	$2.29	$2.22	$7.884M	3.493M

Buyers (Bids)

No.	Vol.	Price($)
1	3771	$2.26

Sellers (Offers)

Price($)	Vol.	No.
$2.28	319256	8

View Market Depth

No.	Vol.	Price($)
1	20000	0.865
3	71945	0.860
3	105645	0.855
8	349115	0.850
4	149449	0.845

Price($)	Vol.	No.
0.875	160614	9
0.880	267895	10
0.885	101645	5
0.890	131357	7
0.895	70000	2

Last trade - 16.10pm 27/09/2024 (20 minute delay)

RMS (ASX) Chart