PDN - Paladin Energy
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Re: PDN - Paladin Resources
Guys .. it's simple .. wait until the all ords bounces back 2 days + .. I sold out with profit to attack it again.
Guys .. it's simple .. wait until the all ords bounces back 2 days + .. I sold out with profit to attack it again.
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Re: PDN - Paladin Resources
After all ords shows a bullish run i'm back into this with another 20 + profit margin
again agree with kennas ... All shares should take into account all ords knife...kennas said:
After all ords shows a bullish run i'm back into this with another 20 + profit margin
Re: PDN - Paladin Resources
DYOR
I don't have PDN, but its amazing how they've fallen. PDN is set to become a major producer yet so many people are panicking out there. Down the track people may well look on this period as a buying opportunity just like last May's correction.UraniumLover said:
DYOR
Sean K
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Re: PDN - Paladin Resources
Maybe Greggy, but as you would have seen in my posting in this thread I have always been concerned that the market caps of all the U companies were racing ahead of 'valuations'. $5 bil for a company that hadn't made a cent? It had to occur to these sooner or later. The larger falls in U players is just a reflection that they went up too much relative to the market. Maybe we'll find fair value for these in a few weeks time.greggy said:
Re: PDN - Paladin Resources
a stocks value is the present value of future cash flows
what will pdn's cash flows be at say $100/lb u and higher? Very large i imagine. You get 2mil pounds for LH, 3mil for malawi, and another 1more from LH expansion. @ $100 thats atleast $250m net profit after tax. P/e is about 15 from here on in is fine. No value for other projects(overseas, africa) which i understand PDN are pursuing.
Bear in mind no sizeable u production coming on stream until 2013 olympic dam. Even by then demand would be stronger so the u run can last for atleast 5-15yrs maybe more. Other alternatives not as efficient. In short for u power u need yellowcake, and not too many suppliers out there. Auctioning process puts price up by $5-10/lb in one go. Imagine if more buyers enter...
I bought a small amnt today @ 7.93 and am a self confessed uranium bull. I wish i had waited tho.
a stocks value is the present value of future cash flows
what will pdn's cash flows be at say $100/lb u and higher? Very large i imagine. You get 2mil pounds for LH, 3mil for malawi, and another 1more from LH expansion. @ $100 thats atleast $250m net profit after tax. P/e is about 15 from here on in is fine. No value for other projects(overseas, africa) which i understand PDN are pursuing.
Bear in mind no sizeable u production coming on stream until 2013 olympic dam. Even by then demand would be stronger so the u run can last for atleast 5-15yrs maybe more. Other alternatives not as efficient. In short for u power u need yellowcake, and not too many suppliers out there. Auctioning process puts price up by $5-10/lb in one go. Imagine if more buyers enter...
I bought a small amnt today @ 7.93 and am a self confessed uranium bull. I wish i had waited tho.
Re: PDN - Paladin Resources
A correction was overdue, but the pace of it has been a little surprising. I'm watching this one closely as I feel that the uranium sector is just having a solid correction before moving onto new highs. I'm just waiting patiently on the sidelines. Since this correction commenced I've only bought HCY and am waiting on the sidelines for more opportunities. Despite what many left wingers are saying, nuclear energy will play an important part in the world's future.
DYOR
Hi Kennas,kennas said:
A correction was overdue, but the pace of it has been a little surprising. I'm watching this one closely as I feel that the uranium sector is just having a solid correction before moving onto new highs. I'm just waiting patiently on the sidelines. Since this correction commenced I've only bought HCY and am waiting on the sidelines for more opportunities. Despite what many left wingers are saying, nuclear energy will play an important part in the world's future.
DYOR
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Re: PDN - Paladin Resources
Just my laymans opinion ............ PDN has risen exponetially, so there were a lot of punters sitting on good short term gains ............. with the current "scare" in the market, lots of those punters were not going to risk any further depletion of their winnings, and therefore sold out (and may continue to do so) and collected their cash ............. fair enough ............. but, those who are buying at the current levels will possibly be a bit more resilient to "selling out" in the future .............. I sold a few of my PDN today (leverage is a painful way to trade), but I also bought back more than I sold, ............... I ask myself; where do I see the sp of PDN in about 6-12 months
.............. I will continue to accumulate even if it drops to $5 ................even the very clever analysts at ASF will agree that shorting the market is "risky" ......... Why?? ........... because the market has an inherant nature to increase ............. What's really changed since 2 weeks ago when everyone was touting PDN as being worth $12-16 share?? ......... Only herd mentality following the "big players/mutual funds/whatever"............. I agree PDN may drop further ......... if you are trading it (not good) ........ if you are investing in the potential of a future "big player", I can't find anything obviously superior ....... (but I'm certainly open to suggestions ........
All imo, ........ I may be deluded or talking jibberish (I have had a couple of beers to ease the days pain ) ............ Good luck to all, Barney.
Just my laymans opinion ............ PDN has risen exponetially, so there were a lot of punters sitting on good short term gains ............. with the current "scare" in the market, lots of those punters were not going to risk any further depletion of their winnings, and therefore sold out (and may continue to do so) and collected their cash ............. fair enough ............. but, those who are buying at the current levels will possibly be a bit more resilient to "selling out" in the future .............. I sold a few of my PDN today (leverage is a painful way to trade), but I also bought back more than I sold, ............... I ask myself; where do I see the sp of PDN in about 6-12 months
.............. I will continue to accumulate even if it drops to $5 ................even the very clever analysts at ASF will agree that shorting the market is "risky" ......... Why?? ........... because the market has an inherant nature to increase ............. What's really changed since 2 weeks ago when everyone was touting PDN as being worth $12-16 share?? ......... Only herd mentality following the "big players/mutual funds/whatever"............. I agree PDN may drop further ......... if you are trading it (not good) ........ if you are investing in the potential of a future "big player", I can't find anything obviously superior ....... (but I'm certainly open to suggestions ........All imo, ........ I may be deluded or talking jibberish (I have had a couple of beers to ease the days pain
) ............ Good luck to all, Barney.
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Re: PDN - Paladin Resources
The ASX uranium sector is the most ramped, most seperated from reality, most leveraged, most 'traded', most CFD'ed, most overvalued, most hyped part of the market.
The market drops 500 points - the uranium sector is the worst place to be in such a market.
Which sector do you reckon saw the most margin call related selling today?
It will be interesting to see how the 'hangover' effects the 'traders' when they wake up next to a whole lot of very ugly stocks with limited prospects of making money in the near future.
Will they start buying again the next time the music starts or sit at home with burnt fingers focussing on quality?
It doesnt matter whether U trades at $1000lb - this sector is 98% hype.
PDN looks a great business - but it is the bellwether of a sector I wouldnt buy with stolen money at the moment.
Want Uranium exposure?
Buy BHP - the hype comes for free!
The ASX uranium sector is the most ramped, most seperated from reality, most leveraged, most 'traded', most CFD'ed, most overvalued, most hyped part of the market.
The market drops 500 points - the uranium sector is the worst place to be in such a market.
Which sector do you reckon saw the most margin call related selling today?
It will be interesting to see how the 'hangover' effects the 'traders' when they wake up next to a whole lot of very ugly stocks with limited prospects of making money in the near future.
Will they start buying again the next time the music starts or sit at home with burnt fingers focussing on quality?
It doesnt matter whether U trades at $1000lb - this sector is 98% hype.
PDN looks a great business - but it is the bellwether of a sector I wouldnt buy with stolen money at the moment.
Want Uranium exposure?
Buy BHP - the hype comes for free!
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Re: PDN - Paladin Resources
Can't argue with your logic BSD, my point of view was very "layman" orientated .............. perhaps some of the fundamentalists on ASF could give an opinion of PDN's future worth from an investor's point of view (you around Freeball??)
BSD said:
Can't argue with your logic BSD, my point of view was very "layman" orientated .............. perhaps some of the fundamentalists on ASF could give an opinion of PDN's future worth from an investor's point of view (you around Freeball??)
Re: PDN - Paladin Resources
BSD any stock in particular, some are hyped I agree, but please give us some fundamentals figures to back it up.
Ppl are of the opinion that many u stocks are cheap e.g. BMN, MTN, SMM all on low EV/lb measures.
So am I missing something?
BSD any stock in particular, some are hyped I agree, but please give us some fundamentals figures to back it up.
Ppl are of the opinion that many u stocks are cheap e.g. BMN, MTN, SMM all on low EV/lb measures.
So am I missing something?
Re: PDN - Paladin Resources
You really need to do some research, their is a reason that that the price of uranium has risen to the levels it is at now. Why would you buy bhp for uranium exposure when they are locked into long term contracts at a fraction of the current price?
BSD said:
You really need to do some research, their is a reason that that the price of uranium has risen to the levels it is at now. Why would you buy bhp for uranium exposure when they are locked into long term contracts at a fraction of the current price?
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Re: PDN - Paladin Resources
I think this is a little harsh ... Look how much Uranium shares have gone up recently? Even with this correction those who have invested in them for 6 + plus have still made phenomonal returns. Much better than most blue chip stocks like BHP which has exposure to oil and copper .. eerr .. Wait until the all ords recovers and watch how some quality socks like PDN , BMN, MTN destroy shares like BHP when it comes to profit margins..BSD said:
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Re: PDN - Paladin Resources
Remember what I said today, if you don't have any uranium stock, buy some over next couple weeks. Then we can revisit this in about 12 months.
The whole stock market is hype, not just for uranium stock. I believe none in this forum will bury their uranium stocks with their coffins. You have a buy, eventually, you will have a sell.
When to sell, I don't know. But definitely it is not now. We have experienced this kind of correction many times before . I have to agree it is getting closer to the top as time passed. But just not yet simply because the spot and long term uranium contract prices are still going higher and higher. I repeat:
Supply is low;
Demand is high;
Global warming is real; and
Fuel cost is not import in nuclear power generation
Grabing a money making opportunity will make you much happier in the long run than laughing at beaten down uranium stocks for a quick pleasure.
BSD, don't want to argue with you simple because the uranium stocks were beaten down currently.BSD said:
Remember what I said today, if you don't have any uranium stock, buy some over next couple weeks. Then we can revisit this in about 12 months.
The whole stock market is hype, not just for uranium stock. I believe none in this forum will bury their uranium stocks with their coffins. You have a buy, eventually, you will have a sell.
When to sell, I don't know. But definitely it is not now. We have experienced this kind of correction many times before . I have to agree it is getting closer to the top as time passed. But just not yet simply because the spot and long term uranium contract prices are still going higher and higher. I repeat:
Supply is low;
Demand is high;
Global warming is real; and
Fuel cost is not import in nuclear power generation
Grabing a money making opportunity will make you much happier in the long run than laughing at beaten down uranium stocks for a quick pleasure.
Re: PDN - Paladin Resources
Exactly. I completely agree with that. I own pdn and taking the hit but no way I will sell now at best I will try to pick up some more soon.So It is definetely being oversold at the moment as the RSI is almost equal to 0. $7.50 could be a good resistance point
mmmmining said:
Exactly. I completely agree with that. I own pdn and taking the hit but no way I will sell now at best I will try to pick up some more soon.So It is definetely being oversold at the moment as the RSI is almost equal to 0. $7.50 could be a good resistance point
Re: PDN - Paladin Resources
Dear BSD,
You can't beat it so you might as well join in !!
Yes ...Uranium is the flavor of the year & for many more to come.
It's like getting in on OIL over 100 years ago !!
It's the future for polution free energy....etc etc.
Please ,please read a bit about just why it is increasing IN PRICE ..with plenty more to go.
I do have PDN & a lot of Bannerman coz if you read the posts you will find out why.. generally it'll follow in PDN's footsteps & have an operating mine quicker than Australian miners.....and can sell at spot prices without hedging....
BHP is just too big & too slow to react .... & is under influence from too many analysts who are like a herd of sheep !!
BHP SP goes up say, 1 %......BMN goes up 12%.....I know where the money box is ....so should you.
good luck with BHP,
captjohn
Dear BSD,
You can't beat it so you might as well join in !!
Yes ...Uranium is the flavor of the year & for many more to come.
It's like getting in on OIL over 100 years ago !!
It's the future for polution free energy....etc etc.
Please ,please read a bit about just why it is increasing IN PRICE ..with plenty more to go.
I do have PDN & a lot of Bannerman coz if you read the posts you will find out why.. generally it'll follow in PDN's footsteps & have an operating mine quicker than Australian miners.....and can sell at spot prices without hedging....
BHP is just too big & too slow to react .... & is under influence from too many analysts who are like a herd of sheep !!
BHP SP goes up say, 1 %......BMN goes up 12%.....I know where the money box is ....so should you.
good luck with BHP,
captjohn
Re: PDN - Paladin Resources
In previous corrections when the XAO has shed 9-10%, high to low PDN usually sheds 30-40% eg. Oct2005: $2.50 to $1.50 (40%), May2006 $5.50 to $3.50 (36%).
Now we went from $10.88 to $7.54, thats 30%.
So cant be much longer to go. Maybe a buck more max.
But still im waiting for it to rebound before committing.
In previous corrections when the XAO has shed 9-10%, high to low PDN usually sheds 30-40% eg. Oct2005: $2.50 to $1.50 (40%), May2006 $5.50 to $3.50 (36%).
Now we went from $10.88 to $7.54, thats 30%.
So cant be much longer to go. Maybe a buck more max.
But still im waiting for it to rebound before committing.
