PLS - Pilbara Minerals

[farmerge]

I somewhat doubt you will exit tomorrow ?

Well of course unless the exit is to another joliday zone

 

[qldfrog]

Me too, expecting sp to drop way down...let's see what happen on Monday.

I even sold half to buy cheaper later. Hum I might lose that bet

 

[farmerge]

I even sold half to buy cheaper later. Hum I might lose that bet

The bloke in the mirror reckons you are right, not on evens this bet.

 

[explod]

Looks good for Monday in my view. And a good finish being a Friday

 

[frugal.rock]

Good morning
China's Contempoary Amerex Technology Limited (CATL) confirms it has ceased to be a substantial shareholder of Australia's Pilbara Minerals.

CATL sold 60.98 million PLS shares for $250m yesterday (02/03/23) , Pilbara says.

Why?

Cause they can


Kind regards
Rcw1

I'm wondering why they submitted a ceasing of substantial holder notice.
Didn't they only hold around 2% of shares on issue?
Had thougt a substantial holder was 5% or more?
I take it I'm wrong in my thinking.

Nearly 3 billion shares on issue, that's a heck of a lot, although this sale was smaller than I thought it was initially.

PLL and LIT in US last night had a good time, up ~+5% and 3.1% respectively , FEAM (5EA on ASX) was even better with nearly +9.2%, so am guessing PLS should see a good open on Monday, but that's where the crystal ball gets hazy! ?

 

[Rabbithop]

I'm wondering why they submitted a ceasing of substantial holder notice.
Didn't they only hold around 2% of shares on issue?
Had thougt a substantial holder was 5% or more?
I take it I'm wrong in my thinking.

Nearly 3 billion shares on issue, that's a heck of a lot, although this sale was smaller than I thought it was initially.

PLL and LIT in US last night had a good time, up ~+5% and 3.1% respectively , FEAM (5EA on ASX) was even better with nearly +9.2%, so am guessing PLS should see a good open on Monday, but that's where the crystal ball gets hazy! ?

Hear! Hear! Hear! Let the Price Battle begin on Monday.

 

[frugal.rock]

I should note, LINRF also up 10% last night. Another positive for lithium.

 

[farmerge]

I'm wondering why they submitted a ceasing of substantial holder notice.
Didn't they only hold around 2% of shares on issue?
Had thougt a substantial holder was 5% or more?
I take it I'm wrong in my thinking.

Nearly 3 billion shares on issue, that's a heck of a lot, although this sale was smaller than I thought it was initially.

PLL and LIT in US last night had a good time, up ~+5% and 3.1% respectively , FEAM (5EA on ASX) was even better with nearly +9.2%, so am guessing PLS should see a good open on Monday, but that's where the crystal ball gets hazy! ?

Out with the Mr Sheen and polishing rag to get a clearer picture.

 

[DrBourse]

Good to see PLS just hit the Magic Nr $3.97 yet again - sorry, just could not resist .........

My 18/2/23 $3.63 call has just been moved out to 22/3/23.......

DrB

 

[DrBourse]

Good to see PLS just hit the Magic Nr $3.97 yet again - sorry, just could not resist .........

My 18/2/23 $3.63 call has just been moved out to 22/3/23.......
View attachment 154169

DrB

Just noticed the 52 week LOW for PLS, $1.975 (or $1.97) - is that an omen Huh !!...........
Wunder if my 18/2/23 calcs shoulda been $1.97 not $3.97 - hmmmmmmmmm.........
Better have another ReCalc on PLS over the W/E.........
Sleep well guys........ No Nasty Bad Dreams abt PLS and $1.97 OK ?..........
I think I'm enjoying this...... Bit sadistic though........ But it's Friday Arvo and now it's "BD Time" for me .......
Perhaps I'd better borrow someones "Rose Coloured Spec's"..... Cause I cannot see many bright spots on the PLS ST horizon.....
CYA's.....
DrB.

 

[Rabbithop]

Just noticed the 52 week LOW for PLS, $1.975 (or $1.97) - is that an omen Huh !!...........
Wunder if my 18/2/23 calcs shoulda been $1.97 not $3.97 - hmmmmmmmmm.........
Better have another ReCalc on PLS over the W/E.........
Sleep well guys........ No Nasty Bad Dreams abt PLS and $1.97 OK ?..........
I think I'm enjoying this...... Bit sadistic though........ But it's Friday Arvo and now it's "BD Time" for me .......
Perhaps I'd better borrow someones "Rose Coloured Spec's"..... Cause I cannot see many bright spots on the PLS ST horizon.....
CYA's.....
DrB.

You are a bad n naughty boy. I better check did I entered today or maybe I set it too low?

 

[qldfrog]

Stop it mr DB..it hurts.. ;-)
actually does but I was more cautious this week so could have been MUCH worse

 

[Rabbithop]

Stop it mr DB..it hurts.. ;-)
actually does but I was more cautious this week so could have been MUCH worse

you cld be right, I was expecting REAL BAD FRIDAY after DJ dropped 500 pts. Well luckily haven drop his pants yet maybe next week

 

[Rabbithop]

you cld be right, I was expecting REAL BAD FRIDAY after DJ dropped 500 pts. Well luckily haven drop his pants yet maybe next week

Sorry for the misspelling. I mean have not NOT haven??☺

 

[Rabbithop]

You are a bad n naughty boy. I better check did I entered today or maybe I set it too low?

I am laughing, cos it was set at damn low 3.45 maybe next week huh? May lower it ag asin to 3 buckeroos

 

[Rabbithop]

I am laughing, cos it was set at damn low 3.45 maybe next week huh? May lower it ag asin to 3 buckeroos

I mean may be lower it again to 3 buckeroos

 

[DrBourse]

Guys.......
I'm trying to get a very subtle TA message through to "Youse All"......
The following 3 snapshots are from the Trading View TA Experts.....
The 1st is showing their TA for One Day..... = Bad, Bad & VERY BAD....
View attachment 153688
The 2nd is showing their TA for One Week..... = Neutral, Bad & Bad....
View attachment 153689
The 2nd is showing their TA for One Month..... = Neutral, Good & Very Good....
View attachment 153690
Can you understand what they are trying to tell us ??
$3.97 is still my ST TA Call......
But, Please keep doing your own TA, My Bank Balance really appreciates your efforts....
DrB

As a followup to my 28/2/23 post (above) where the Trading View Analysts reported the following Short Term TA for PLS.

BUT now Today Sat 11/3/23 their Analysis has been Downgraded to the following Short Term TA for PLS.

PLS has deteriorated from Sell, Sell & Strong Sell on 28/2/23, to Sell, Strong Sell & Strong Sell now on 11/3/23.

I will also say that I expect another drop of abt 0.20c to approx $3.78 on Monday 13/3/23 - for me that's close enough to my original 18/2/23 call of $3.63.

By COB Monday 13/3/23 I would expect the PLS Technicals to be "Strong Sell, Strong Sell & Strong Sell".
So, No, I will not be wasting any more time on the "Short Term Basket Case known as PLS", got better things to do with my time.

Packing up my "Bat n Ball" and getting on with trading real stocks...... PLS, for the ST, is no longer in my group of Real Stocks.

Might take a five second peek at PLS in a week or 2..

Sorry Guys.

DrB.

 

[DrBourse]

Cannot get PLS “outta ma Brain”…….

So lets have a quick look at some BASIC Financials…….

Each of the past 2 or 3 Half Years REPORTED EPS & Revenue was BELOW Expectations (surprise)……..

Now lets look at the Future Forecasts of both EPS & Revenue for each or the next 4 Half Yearly Forecasts, Each dropping by 25% to 50% each 6 months……

Really encouraging stuff Guys,,…..

Sorry but even the Rose Coloured Glasses cannot paint a favourable ST picture for dear ole “PLS”…..

I need More BD, and Strong ones Please...


DrB

 

[farmerge]

Cannot get PLS “outta ma Brain”…….

So lets have a quick look at some BASIC Financials…….
View attachment 154222

Each of the past 2 or 3 Half Years REPORTED EPS & Revenue was BELOW Expectations (surprise)……..

Now lets look at the Future Forecasts of both EPS & Revenue for each or the next 4 Half Yearly Forecasts, Each dropping by 25% to 50% each 6 months……

Really encouraging stuff Guys,,…..

Sorry but even the Rose Coloured Glasses cannot paint a favourable ST picture for dear ole “PLS”…..

I need More BD, and Strong ones Please...


DrB

As I cry into my glass full of of eskimo Ice. PLS was giving me nice little paper profit at close on Thursday, and then yesterday it became a "bottom of the harbour" episode.
This th worst game of Snakes and Ladders that I have played for some time.

 

[waterbottle]

Not sure how much further this has got to fall but the green revolution would make a nice excuse for stimulus once tightening is done...