Australian (ASX) Stock Market Forum

SBM - St Barbara Limited

Re: SBM....St. Barbara Mines

chicken said:
Trader please email the company as you are right the figures do not add...also looks as if SBM is pushing through to 45 cents...a lot of buying out of Europe....noticed I am trying to refrain from posting in the competition I was going to take MGX but some one beat me to it...Gold is still rising and the trend is my friend.....Joe this would be a record to pick the same stock 4 times to win a competition unbelievable..I am holding a good size Shares in Sbm.....next stop 45 cents,.....look at ZFX unbelievable... :2twocents
Thanks for the advice. Did email the company and got a very clear and interesting response, not all the gold that is produced is always sold in that
quarter ( not picked up daily ), accordinglly to the figures some 65,442 oz of
gold was produced in the sept quarter yet only 53,554 was sold which means
that 12,000 are just sitting there to be sold maybe in the dec quarter, which
could mean that this little company (with their 12,000 oz stockpiled - 43,000
ozs forcast and their current asset sale could increase their cash position by
anything between 20-25 million in the dec quarter.
 
Re: SBM....St. Barbara Mines

I can't see it breaking 40 cents for the year 2005...

Is it worth holding on, seeing that Gold price is falling??

Any thoughts on when it might break 40 cents?
 
Re: SBM....St. Barbara Mines

MalteseBull said:
I can't see it breaking 40 cents for the year 2005...

Is it worth holding on, seeing that Gold price is falling??

Any thoughts on when it might break 40 cents?
My friend what did the GOLD price do overnight...NEED I SAY MORE...this Baby will go all the way to $1......NICKEL is their other big asset in progress... :2twocents
 
Re: SBM....St. Barbara Mines

chicken said:
My friend what did the GOLD price do overnight...NEED I SAY MORE...this Baby will go all the way to $1......NICKEL is their other big asset in progress... :2twocents

Big Call There mate,
If it's going to reach $1 it will be in another 3-5 years!
I am not a holder, just been watching it for a few weeks and it looks like it's on the way down imo
 
Re: SBM....St. Barbara Mines

MalteseBull said:
Big Call There mate,
If it's going to reach $1 it will be in another 3-5 years!
I am not a holder, just been watching it for a few weeks and it looks like it's on the way down imo
Maltese do yourself a favour...go to www.stbarbara.com.au do some research read who and what the company does or did and where the company is heading by looks of things YOU HAVE NOT MADE ANY RESEARCH into who SBM is...I give you one clue...they bought the Gold assets from Sons of Gwalia Gold.....and now go and read up on what has been happening..as far as going down....you got that completly wrong as CHICKEN says DO YOUR RESEARCH :2twocents
 
Re: SBM....St. Barbara Mines

Hi Guys,

I might be wrong but this chart pattern looks like a pennant on a somewhat leaning flagpole. If I am right, I would expect this stock to take off like a rocket almost immediately.
 

Attachments

  • sbm.png
    sbm.png
    12.3 KB · Views: 139
Re: SBM....St. Barbara Mines

Here is another longer term view of the chart.......

Notice a Cup & Handle within a Cup & Handle, patterns repeating......
 

Attachments

  • sbmlong.png
    sbmlong.png
    17 KB · Views: 130
Re: SBM....St. Barbara Mines

hi Ann,

thanks for posting the chart analysis of SBM. it's looking good -eh? ;)

cheers!
 
Re: SBM....St. Barbara Mines

Hi saichuen,

Yep, looking good so far.....
 

Attachments

  • sbm.png
    sbm.png
    6.9 KB · Views: 119
Re: SBM....St. Barbara Mines

gold price is pushing this share but yet to release any announcments..

Will probably look to buy if it breaks 40 cents which I doubt will occur for 2005..
 
Re: SBM....St. Barbara Mines

Ann, good prediction with SBM's chart, big breakout today with a considerable rise in price. From what Ive read, a breakout from a triangle or leaning flag would indicate strength in the current bull run and a possible BUY indication?
 

Attachments

  • sbm_ax28sep05_to_31dec05.JPG
    sbm_ax28sep05_to_31dec05.JPG
    31.3 KB · Views: 101
Re: SBM....St. Barbara Mines

Carpets,

It is so hard to know what is going to happen to a share, regardless of the pattern. Just look at the outcome today of another share I thought would do very well AQD. It might keep going tomorrow, it may not.

You see at this time of the year especially, investors are away on holidays or just relaxing with the family, so they put in offers to sell above their normal range in case of a rally. If you get enough investors doing that in certain popular stocks, you will see a price running way up on some stocks, as many investors put in silly high offers.

Then there are other stocks which the traders/investors may have already been sold out of, so there may be a fall/collapse/leveling off in the price. SBM may have a way to go or it might be a dead duck already. I don't have market depth, I invest through a broker. Although, I guess if I did have market depth and saw offers running all the way up, I would stand well clear, I choose not to be a victim of the Christmas rally.

Athough some of the clever traders who only need to make a few cents from large cap shares may be buying and selling into these rallies all day long until the sucker buyers run out. If you are dealing in two or three hundred thousand dollars a time, it doesn't take much to make a fortune. This is a busy time for the big active traders I should think.

:) Ann
 
Re: SBM....St. Barbara Mines

hi all,
can anyone tell me why st barbara mines have changed thier name to st barbara limited ?
Changing the name may make no difference so why do it ?
cheers
ray :confused:
 
Re: SBM....St. Barbara Mines

Ann said:
Hi Ray,

Here is a link and an explanation [?] from the company itself.

http://www.stbarbara.com.au/upfile/051520 NameChange.pdf
Good one Ann...you know I thought I am the only one who saw what is up...keep posting I like what you say..SBM is having a great TEA party...and as soon as the Sullivans Nickel deposit is know watch this one go hard...lots of European intrest here :2twocents
 
Re: SBM....St. Barbara Mines

chicken said:
Maltese do yourself a favour...go to www.stbarbara.com.au do some research read who and what the company does or did and where the company is heading by looks of things YOU HAVE NOT MADE ANY RESEARCH into who SBM is...I give you one clue...they bought the Gold assets from Sons of Gwalia Gold.....and now go and read up on what has been happening..as far as going down....you got that completly wrong as CHICKEN says DO YOUR RESEARCH :2twocents

What would you know about research you cant even use a pricing model for a stock and thats how stocks are priced...why dont you leave the Maltese Bull alone...
 
Re: SBM....St. Barbara Mines

TheAnalyst said:
What would you know about research you cant even use a pricing model for a stock and thats how stocks are priced...why dont you leave the Maltese Bull alone...

Hi Analyst,

Up front I will admit to being a total maths cretin. What was it that Maltese Bull said that was such a no no? What exactly is a 'pricing model'..see folks, you think I know stuff....nuh! :rolleyes:

Maltese Bull are you from Malta? I love the Maltese people and live in hope that one day I shall visit Malta. I have never met a more lovely group of people. Is it something in the water?

EDIT. Ooops was I addressing Chicken then....whetevr. You lot sort it out. :)
 
Re: SBM....St. Barbara Mines

Ann said:
Hi Analyst,

Up front I will admit to being a total maths cretin. What was it that Maltese Bull said that was such a no no? What exactly is a 'pricing model'..see folks, you think I know stuff....nuh! :rolleyes:

Maltese Bull are you from Malta? I love the Maltese people and live in hope that one day I shall visit Malta. I have never met a more lovely group of people. Is it something in the water?

EDIT. Ooops was I addressing Chicken then....whetevr. You lot sort it out. :)

Its ok Ann...if you read the mgx posts you will find out a lot about pricing models just start from the last page. Chicken likes to critisise and pretend he is a rooster and thinks we are all his hens and bags stuff he dont understand..

He was nice to you i noticed probally cos he is looking for a girlfriend.

Anyway how old are you.. i am 36 and keep myself pretty fit and i am half maltese half scottish so if you wanna go to malta and find out a bit more about me just email me and maybe we can catch up...i will give you my mobile number and you can text me...
 
Re: SBM....St. Barbara Mines

TheAnalyst said:
Its ok Ann...if you read the mgx posts you will find out a lot about pricing models just start from the last page. Chicken likes to critisise and pretend he is a rooster and thinks we are all his hens and bags stuff he dont understand..

He was nice to you i noticed probally cos he is looking for a girlfriend.

Anyway how old are you.. i am 36 and keep myself pretty fit and i am half maltese half scottish so if you wanna go to malta and find out a bit more about me just email me and maybe we can catch up...i will give you my mobile number and you can text me...

Aussie stock forums - "The dating site for traders" :D
 
Re: SBM....St. Barbara Mines

Ahh bless you Analyst....

I am 55yo, matronly figure, two kids 19yo, 21yo one is a muso/sound engineer[drummer, guitarist.. shudupdamyou :banghead: ] the other is almost never there :) ... I am never beyond a bit of flattery. It will get you almost anywhere. I have a filthy temper when aroused...check out RPT if RichKid hasn't banned me yet! Hi Ho nothing new! :rolleyes:
 
Top