SBM - St Barbara Limited

[noirua]

Re: SBM - St. Barbara Mines

It will be interesting to see how the share price holds up post the 1 for six share consolidation.

Consolidations seem to work well when they come with good reason and a good market in the sector: Not during weak markets and an excuse to get out of a trough.
SBM have timed this quite well and it looks as if they have plans to have the stock quoted in other markets.
Everything on the gold price at SBM.

 

[noirua]

Re: SBM - St. Barbara Mines

Consolidations seem to work well when they come with good reason and a good market in the sector: Not during weak markets and an excuse to get out of a trough.
SBM have timed this quite well and it looks as if they have plans to have the stock quoted in other markets.
Everything on the gold price at SBM.

Time to run that slide-rule carefully over St Barbara and access the risks and difficulties at the former 'Sons of Gwalia' gold mine 'Gwalia Deeps'. In my view a very interesting gold miner that probably can't be considered a minnow anymore.
History shows lots of financing problems over the very deep Gwalia Mine that have mostly been put to bed, thanks to the high gold price and the directors clutching the metal in the matter.

 

[noirua]

Re: SBM - St. Barbara Mines

First speeding ticket for many a long year as SBM race on to 43.5c, and looking cheap when you consider they were over 80c a few years ago. A chaser of the gold price this one, so, if you think the gold prices is heading on up and up, jump onboard the good ship St Barbara.

At first I was annoyed I sold MCC, CEY and WHC to buy St Barbara at around 26c, but now I'm as pleased as punch.

 

[baroosh]

Re: SBM - St. Barbara Mines

Reading the latest Share Magazine an intresting article caught my eye..SBM..who bought the gold assets from SGW...any comments ,or what do the investors think ???? Price is cheap enough...at present 11c...is there life in this stock...comments please...SHARE MAGAZINE thinks so...

well if you want to wait over 30 years to even think about making your original investment back >I would think twice

 

[baroosh]

st Barbara mines

shareholders meeting on November 18thto vote on the issue of consolidating shares If approved a six for one consolidation would result in st barbara mines having around 326 million shares on issue , Question why would it be worth buying shares as they would appear to flood the market.

 

[baroosh]

st barabara mines

how do i find out how many st barbara shares have been traded on a daily bases thanks

 

[Sean K]

Re: st barabara mines

how do i find out how many st barbara shares have been traded on a daily bases thanks

baroosh, there's already a SBM thread, try using the search function, although this question might be better in the 'Beginners Lounge' Forum.

You can find this info a number of ways. Most charting programs have a 'volume' indicator that show daily volume as bars. Goung to the ASX web site and searching for SBM will also give you a host of information about the stock including daily volume.

 

[noirua]

Re: st barabara mines

baroosh, there's already a SBM thread, try using the search function, although this question might be better in the 'Beginners Lounge' Forum.

You can find this info a number of ways. Most charting programs have a 'volume' indicator that show daily volume as bars. Goung to the ASX web site and searching for SBM will also give you a host of information about the stock including daily volume.

Ahhhhhhh yes kennas: but could you PLEASE translate
these views into simple English for us lay-investors, and bullish, in SBM????

 

[explod]

Re: SBM - St. Barbara Mines

The following daily chart for SBM has a very clear volume chart on the bottom. It is from "Bigcharts" which are easy to learn to use, they are clear to look at and are free.

Eg. two days ago it will be clear to see about 12 million shares changed hands.

But agree should go to newbie thread too. Covered similar on that thread recently.

 

[baroosh]

st Barbara

notice of general meeting 18th November The Directors advise that you vote in favour of all resolutions to be considered .......Q.. why should we i havn,t recieved a dividend for a couple of years they seem to reap the benifits of a few hundred thousand free shares and all the perks >hey what about me .I may be a small investor but if it wasnt for all the people who invested in the begining maybe the company would be so strong today

 

[springhill]

Re: SBM - St. Barbara Mines

Diggers and Dealers Presentation
http://www.asx.com.au/asxpdf/20120806/pdf/427vq1st6jn3l0.pdf

 

[pixel]

Re: SBM - St. Barbara Mines

Diggers and Dealers Presentation
http://www.asx.com.au/asxpdf/20120806/pdf/427vq1st6jn3l0.pdf

The May dumping has now played out: down to 200% of the initial range was harsh punishment - for what??
MACD has turned positive, and accumulation could be observed for most of July.
Where to now?



I don't hold yet, but if resistance at $1.46 can be broken, might take a punt for a target $1.75.

 

[Gringotts Bank]

Re: SBM - St. Barbara Mines

I wrote a long post then it deleted itself. I think the gist of it was 'buy'.

 

[oldblue]

Re: SBM - St. Barbara Mines

Not all blue sky at the Allied Gold operation, it seems.

http://www.asx.com.au/asxpdf/20121122/pdf/42bcpqjj7yl7cz.pdf

 

[Longjaw]

Re: SBM - St. Barbara Mines

SBM came up 25.4 % today,
I was lucky enough to get in on a feeling.

 

[jancha]

Re: SBM - St. Barbara Mines

SBM came up 25.4 % today,
I was lucky enough to get in on a feeling.

And Down 20% today. Quarterly couldn't have been good reading as Gold didn't drop that much over night.
Larger than normal Volume. Someone's getting out.

 

[Country Lad]

Re: SBM - St. Barbara Mines

The problem with posting about certain shares in other threads such as Potential Breakouts is that its progress is not followed and stuff about it, like the breakout pattern is lost or difficult to find and the discussions about the particular company is buried.

In future, I might duplicate the posts in the company's thread like this, so discussions can then take place in the right place, even if only to keep me honest in the comments I have (maybe regretfully at a later date) made in the other thread. Particularly this one as it could get interesting.

From the Breakout thread:

Hi CL,

Well the tip on SBM came up trumps today with a jump of 13.5%, hopefully you were on-board yourself?

Yes, on Friday as the market sentiment was positive as the 1 minute chart for GFriday and today below shows. It went on with it today.

I suppose it would be too cheeky to ask you the company names/codes of who the other charts belonged to?

Not at all, just hover the cursor over the charts and you will see the code.

Btw, have you found the "Holy Grail" of codes that find out these patterns? Or is it just down to hard work of looking at the charts of certain stocks?

They pop up in a few explorations which are actually looking for other criteria.

View attachment 53904

 

[Country Lad]

Re: SBM - St. Barbara Mines

Particularly this one as it could get interesting.

Interesting all right, stopped out of this one on open along with a few others this morning.

Cheers
Country Lad

 

[pixel]

Re: SBM - St. Barbara Mines

Since the EOFY Low, the Goldbugs Index has put on more than 50%.
No wonder it's coming off the boil. (Doesn't mean it's completely buggered though.)

 

[piggybank]

Re: SBM - St. Barbara Mines

Interesting all right, stopped out of this one on open along with a few others this morning.

Cheers
Country Lad

Hi C/L,

Firstly thank you for sharing the fact that you sold your shares on open today. Given that I have never day traded in my life (I've only ever invested in the market) I am interested to know what was your reasoning to sell them when you did? Did you have a stop loss set with the brokers you are with prior to the opening of the market?

Would I be correct in saying if I had set a stop with my brokers at 85c prior to today's action, that it would not have been triggered?

Thanking you once again in advance of your reply.

Regards
PB