BDL - Brandrill Limited

[roofa]

Alot of Director buying the last week just under 4 cents...

Good to see they have some confidence in the stock. Have to admit its so cheap right now.

Totally agree, I have been doing the same at under the 4 cent mark recently. Some directors are averaging down after buying at higher levels a few months ago, as I am.

 

[stumpythefish]

Alot of upward movement the last few weeks on this.

Anyone following it? Its almost doubled since last I looked.

 

[roofa]

Alot of upward movement the last few weeks on this.

Anyone following it? Its almost doubled since last I looked.

Every day Stumpy, I have an interest in this one.
They have been fairly quiet on the announcement front; I assume and hope they are just ticking over business as usual.

 

[stumpythefish]

Does anyone have any charts theyd like to post for this. Seems to be building alot of momentum now and am wondering if I should hold or sell or buy more!

Thoughts?

 

[roofa]

Seems to be building alot of momentum now and am wondering if I should hold or sell or buy more!

Thoughts?

Did you average down on this Stumpy since your 25cent break even point?
The volume and buyers have certainly lifted in the last hour.

 

[stumpythefish]

Yes, I bought in again a few weeks ago at 4 cents and am now at break even point Im happy to say. Which is why I was wondering whether to sell and break even or hold as it looks to be gainning lots of upwards momentum.

 

[roofa]

Glad to hear it, probably a fair few years off making it back to 25cents. (I’m going to hang in)
Human nature to want to get your money back so it would be tempting to dump now, but I just wonder why it is doing so well on a day like today with most down.
I would guess that if an announcement isn’t made to support this current upward trend that it may head back down a little.

Good luck with your decision.

 

[stumpythefish]

This ones looking sweet again. Heaps of buying the last month and now the momentum looks to be heading north again.

Might have me a dip tomorrow.

 

[mccollr]

I agree and it looks that all mining stocks are comming back into favour. Japanese steel production up in the last month. A lot of companies now having to replace their inventories.


rod

 

[stumpythefish]

Looking even better today. This stock is due for a correction as its simply too under priced. Should be sitting in mid teens like other similar companies. This has been pused too far down and looks to return

 

[Pimping]

Stumpy, its all well and good to say that it should be in the mid teens, but what i would like, as others on here, is your reasoning behind this....care to parlay???

 

[Joe Blow]

Looking even better today. This stock is due for a correction as its simply too under priced. Should be sitting in mid teens like other similar companies. This has been pused too far down and looks to return

Stumpy,

As Pimping has indicated, asserting that BDL should be in the "mid teens" requires some kind of accompanying analysis.

Perhaps you could explain to us why you believe this to be the case.

 

[stumpythefish]

Im just going on watching this stock last 12 months. Basically it was brought way down with the market and hasnt really returned from there when other similar stocks have at least climbed back some what. Announcements have been delayed first half of the year due to delayed start of major projects (stated in recent announcments) so Im thinking these projects are set to start judging by the huge amount of activity recently.

I say mid teens (roughly) based on its past value of around 30 cents before the overall market drop as I believe it was way over sold and mid teens is at least half way point similar to what has happened with other similar companies. That and its simply in a great position now to move going from my charts.

 

[Pimping]

hmmm i'll do my research, however its plain to see that the price is hovering around all time lows, however I'll need to do some more self convincing before dipping my toes into this water

DYOR

 

[stumpythefish]

hmmm i'll do my research, however its plain to see that the price is hovering around all time lows, however I'll need to do some more self convincing before dipping my toes into this water

DYOR

Still umming and ahhing about this one? Looking very healthy today...

 

[Pimping]

Yes as a matter of fact I am still Umming and Ahhing, what were the other similar companies to Brandrill that had risen back to appropriate levels?

 

[stumpythefish]

Loosely speaking in minning terms (dont get caught up on that). My charts look excellent right now for BDL. Its risen 30% the last week with huge volume and no announcment. If there is not a positive announcment about to be made I'll eat my hat.

 

[roofa]

Yes as a matter of fact I am still Umming and Ahhing, what were the other similar companies to Brandrill that had risen back to appropriate levels?

ASL - Ausdrill is similar with a modest recovery from its lows.

With regards to BDL the level of debt would be a major factor to the low SP over the last 6 months.

 

[Donga]

Thanks guys for bringing this puppy to my attention. I just picked up a few at 0.055 and placed in my Watchlist just under BLY which is in a similar situation even though they have responded heroically from their 0.067 low earlier this year. Not that I got them for that as bought them on the way down - holding BLY at ave 22.5c and still worth researching.

I've a lot of faith in China leaders' survival instincts, and their ability to keep their economy and our interests in overdrive regardless of how long it takes the US to recover.

 

[stumpythefish]

Now if BDL could do a BLY that would be very nice. I have to say BDL is looking stronger than ever again this morning. Already pushed through 6 cents this morning.