ILU - Iluka Resources

robusta · 8 October 2012

willstor said:
interesting view...i see what you are saying, personally I think we've seen a huge surge in a short space of time across the board, so I'd be keen to exit anywhere close to 10 with a view to a correction / cool down period. I was in at 905 and out at 10 FWIW, nothing earth shattering but the profit is there.

Fair enough, I am terrible at predicting macro events and trends hence I am forced into taking a mu h longer view of my trades.

willstor · 12 October 2012

I was tempted again at 880 but went for TRU instead at 485 due to the dividend target 530

dunlop1234 · 11 January 2013

Iluka Resources ~ New Investor

Hey guys,
I am new to investing and currently a minor. I thought to myself i might give investing a try and i've gotten a bit worried. I invested $1000 in Woodside and $500 in Iluka Resources. I think i made a mistake with Iluka Resources because they have a dividend yield of 8.6% which i thought was really high. Then i did more research and found a few problems. I didn't pay a brokerage and i bought it at $9.2. Would people recommend I cut my losses and get out with a $20 loss or wait it out? Are the dividend distributions good because i'm not sure it will go up. Do you have any recommendations if I pull out from the share?

Thank you very much for your assistance!! I really appreciate IT!

matty77 · 11 January 2013

Re: Iluka Resources~New Investor

If you sell the loss is realised, if you hold on it isnt a loss.

I would hold it... whats the rush?

dunlop1234 · 11 January 2013

Re: Iluka Resources~New Investor

Yeah thanks for the advice, calmed me down a bit. Would u have an idea at what loss it would be time to get out and are the dividends gonna be strong in 2013. Do you think the share will go up?

So_Cynical · 11 January 2013

Re: Iluka Resources~New Investor

Hello Dunlop...you will find almost all stocks already have a thread and thus an appropriate place for discussion that is relevant to that particular stock.

The ILU thread can be found here. https://www.aussiestockforums.com/forums/showthread.php?t=6067

And we don't give buy and sell advice.

skc · 11 January 2013

Re: Iluka Resources~New Investor

dunlop1234 said:
Hey guys,
I am new to investing and currently a minor. I thought to myself i might give investing a try and i've gotten a bit worried. I invested $1000 in Woodside and $500 in Iluka Resources. I think i made a mistake with Iluka Resources because they have a dividend yield of 8.6% which i thought was really high. Then i did more research and found a few problems. I didn't pay a brokerage and i bought it at $9.2. Would people recommend I cut my losses and get out with a $20 loss or wait it out? Are the dividend distributions good because i'm not sure it will go up. Do you have any recommendations if I pull out from the share?

Thank you very much for your assistance!! I really appreciate IT!

Work it out for yourself. Here's a hint. Look at their latest production volume for price forecasts. Look at the gross margin and costs, and work out what profit they might make for the half year, and work out how much dividend they can possibly pay.

But if you want to have a longer term view than the immediate half year, then ask yourself what are the drivers of ILU's products and their forecast demand and prices.

Hold if you get a positive respond, sell if you get a negative respond, or give up if it's all too hard.

matty77 said:
If you sell the loss is realised, if you hold on it isnt a loss.

I would hold it... whats the rush?

If you don't check the price, you don't even know it's a loss...

burglar · 12 January 2013

Re: Iluka Resources~New Investor

skc said:
If you don't check the price, you don't even know it's a loss...

In 8 weeks time they will likely pay you a dividend in the order of 55c per share.

A bank deposit will safeguard your capital.
And pay a pittance in interest.
But it won't make you wealthy.

willstor · 17 January 2013

Production reporting today...

skc · 17 January 2013

Re: Iluka Resources~New Investor

burglar said:
In 8 weeks time they will likely pay you a dividend in the order of 55c per share.

A bank deposit will safeguard your capital.
And pay a pittance in interest.
But it won't make you wealthy.

I think you'd be disappointed if you are expecting 55c dividend. Their sales halved from last year's record, and the impact on NPAT is probably an even larger.

History is a poor guide in this case.

bellamy83 · 13 February 2013

Re: Iluka Resources~New Investor

skc said:
I think you'd be disappointed if you are expecting 55c dividend. Their sales halved from last year's record, and the impact on NPAT is probably an even larger.

History is a poor guide in this case.

Sounds like a bad investment perhaps? unless you hold?

pixel · 28 November 2013

Support? Potential matching Bottom?

Time to add it to my watchlist.

Gringotts Bank · 28 November 2013

Long time since a trend change. I also noticed this today. I'm more likely to short atm, but no position right now.

ricee007 · 28 November 2013

Do either of you guys take into consideration the fact that the fundamentals have changed in the last 12 months?

pixel · 28 November 2013

ricee007 said:
Do either of you guys take into consideration the fact that the fundamentals have changed in the last 12 months?

yes and no:
By using the chart in this context, I become aware of changed market sentiment; if I am interested in the stock and its story behind the chart, I can always ask "Why?" - and that's when I may become involved with the business model then and now. It's a bit like the chicken-and-egg poser: What do you look at first?

Gringotts Bank · 28 November 2013

ricee007 said:
Do either of you guys take into consideration the fact that the fundamentals have changed in the last 12 months?

I feel like those who move markets (institutional investors/traders) will know all about fundamentals, and therefore it will be reflected in the charts.

ricee007 · 28 November 2013

Cheers guys.

Interesting Gringotts. I'm not sure that logic is watertight, but its good to hear it.

I'm still on the sidelines of ILU, thinking about it.... but it is a very negative chart so I am not busting to get in atm.

pixel · 3 December 2013

Added a longer-term view (Monthly chart) and found some interesting historic s/r levels coinciding with Fibonacci extensions and a trendline:

Disclosure: Not yet holding, but watching.

notting · 17 February 2015

Pulling the plug on mines is highly rewarded these day!

notting · 17 February 2015

notting said:
Pulling the plug on mines is highly rewarded these day!

ILU has sunk from an $18.5 million profit to a $62.5 million full year loss but insists the company's financial health is sound.
Prices for Iluka's zircon and titanium dioxide products had continued to fall, offsetting the benefits of higher sales.

The fully-franked final dividend was increased from 4 to 13 cents a share.:rippergun

A report like this should make you run for the hills, but the market likes it.
Perhaps some smart person pushed it up through a technical level in order to take a big short when that little play finishes!
Opportunity knocks.

ILU - Iluka Resources

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