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noirua

Joined
2 February 2006
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I stayed in cash too long, since December 2009. It looks as if markets may now boom like they never have before - ASX200 is a laggard in the world recovery and may test 10,000 by 2014???
The mining sector is high risk but pointers show it vastly undervalued, however, your smaller stocks may not be keeping up unless they're coal and iron ore related of late??? Small stocks in the mining and oil sector often boom before a major collapse and may well race away, even uranium exploration minnows???
China is set to revalue its currency we're told. If so the USA will be happy bunnies. China shares are set to rocket off the map???
Fill-your-boots me lads and make hay whilst the sun shines???
 
I see you have drunk from the glass which is half full this morning, mate, lol

 
I certainly do like your optimism ,noirua!

Can you please explain the substance of it.Why do you feel that the market will boom very soon?

I agree that many miners are way undervalued (many of mine are) ..please give us the facts..
 
Are you for real noirua,

I sense a touch of sarcasm in your post ?
 
cutz said:
Are you for real noirua,

I sense a touch of sarcasm in your post ?
Click to expand...

How dare you sarcasm my post??? : You may be stopping many from obtaining massive wealth??? :shake: My post comes with guarantees and a certain payback sum ???
 
Boyou said:
I certainly do like your optimism ,noirua!

Can you please explain the substance of it.Why do you feel that the market will boom very soon?

I agree that many miners are way undervalued (many of mine are) ..please give us the facts..
Click to expand...

Start to boom, indeed, it already has. The substance of it? Wellllll, it's a feeling I've started to get in my waters or, was it, due to intense reading, ah yes, research. The iron ore agreement, PCI coal, growth in the States, China's continued boom and imminent revaluation; problems of Greece solved; and even the UK are seeing improvements. There are of course ???

Small miners are mega high risk. Yours could be undervalued, as you inter-mate - not wishing to be rude, but, many small miners are a load of c... and will go under. High risk I suppose and only for gambling cash. Though something in my waters tells me that one of yours is a little gem, no question of it???
 
I tend to agree with you Noirua, I travel through the Bowen Basin regularly and the number of drill rigs out there chasing coal and coal seam gas is amazing. There is another small coal company float coming up ( Endocoal ) with some well placed leases and Stanmore ( SMR ) has been appreciating very well since listing.

Add to that companies such as BOW, ESG, STO, EXE, AOE in the LNG market and Central Queensland is poised for some intensive growth over the next 5 years or so.

I am sure that the same can be said for emerging Iron Ore Companies in the west. I am not too familiar with what's on offer over that way but with the recent Iron Ore negotiations it can only be positive news.

I do like the small emerging energy stocks and feel that it will be an interesting sector in the short to medium term.

My 2 bobs worth anyway!

Regards
bazollie
 

Thanks for the clarity..I agree with you on the risky nature of spec miners..
I can PM you my current holdings and you can give me your picks..not often I get to consult an oracle
 
Maybe RIO execs are taking the iron ore to China in their pockets on Qantas flights?
 

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Boyou said:
Thanks for the clarity..I agree with you on the risky nature of spec miners..
I can PM you my current holdings and you can give me your picks..not often I get to consult an oracle
Click to expand...

Yes indeed, an oracle. Once I was called a god, unfortunately someone typed it round the wrong way and I subsequently lost credibility - on the way to being a guru at the time.
Seriously though folks, this could well be the moment???
 
All round the world the boom signs are opening up??? Arms opening this morning to swallow up stock??? This may well be it???
 
The stock markets of the world have now reached the point where they are able to climb the wall of worry??? The wall looks extremely high as markets are cheap compared with 1999??? Are you sure about that noi? By gad I am???
 
This thread just seems too over speculative for my liking. I do, however, have shares in a couple of ASX200 coal companies that have been doing well.

As for 2014, I really don't care. I'll just be happy to get through 2010.

(Nothing personal, just too much pain during the GFC. I don't like getting excited only to find my hopes and dreams get swiped from me.)
 

You are not a taxi driver are you?
 
It takes a bit of guts to plunge into stocks and risk your all. Check the history of the ASX200. Check the high point around 2000 and look now and see what inflation should have added to this index. 10,000 is not a high expectation by 2014.

The bell has rung and the time has come ???????
 
Closer to the point in recent times the ASX 200 was at a low point on 3/4/2003 at 2,744 and a high of 6,605 on 1/10/2007. The present marker is 4,948. So a reasonable new high of 7,000 in 2010 would seem, on the face of it, to not be beyond expectations.
2014 would then need a rise of a further, from 7,000, of 42% over four years. Not unreasonable???
 

Buy with open arms? .. i certainly have been and continue to.

I sold out of 2 gold stocks in Feb 09 for a small profit, turned out to be great timing as i caught a intermediate major gold top and a general market bottom, and it freed up about 14K...so got busy buying the lows and so glad i did, here's a comparison chart of my 10 buys im still holding in part or whole brought between Feb 09 and Oct 09

1 in big trouble, 1 spectacular (dividend paying) result and 8 others with gains between 25 and 95% and 7 of them paying divis . ... i would be soooooooooooooooo pissed off if i had missed all the wonderful action of 09
~
 

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