Talvivaar's place in my portfolio is starting to look very shaky and I may have to consider taking a loss on the company. The latest from Stock Wire is this -
Talvivaara Mining schedules FY results
StockMarketWire.com - Talvivaara Mining Co will announce its financial results for the fourth quarter and full year on 14 February.
At 2:06pm: [LON:TALV] share price was -2.12p at 87.88p
I think it may be wise to wait until then with our stop guarantee in place. I took this at 115.25 but since then the company has been plagued with problems ranging from production issues and toxic leaks. A proportion of the workforce have been temporarily laid off until the summer as production has been halted.
Talvivaar currently stands at 86.74 with a stop of 76. If it hits 76 then it will see a loss of almost £40.
Showing posts with label spread bet. Show all posts
Showing posts with label spread bet. Show all posts
Friday, 8 February 2013
Wednesday, 6 February 2013
Spread betting - Eurasian and Aberdeen Asset gains
Eurasian Natural Resources stole the show today with a superb increase of 9.12% on its share value. That's my second best tip so far yielding £71 profit. Aberdeen Asset is looking like it may go another mini charge finishing the day on almost £150 profit. Elementis has also maintained its level which is a half decent result as it threatened to lose more money as the weeks went by, so at least it has stabilised.
Paragon Group of Cos is also starting to take some shape up almost £20. The main worry is once again Talvivaar. No movement, but ultimately losing me £27. The FTSE was up 12 points on the trading day with my spreads a fraction off £200 profit.
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