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I added under 16 today but a ridiculously low amount as it’s all I could manage to get my hands on. It’s frustrating as I wish I could put the equivalent of my current value and double up. Wish I hadn’t bothered with the house purchase and sale this year as I would have had more money by a country mile to play with. Meh! It is what it is.
holding ! fundamentals demand it. Just a matter of time.
I added another 6k on the bell
I'm sitting on my 360K shares at an average of 11p.
There's not very many things which would prise them from my hands..
I'm just annoyed that my last buy was at 22p and not at 16p.
I’ve added today nearly back down to my average price from last year. Accumulated all the way up and all the way back down as cash became available.
Like you chippy just added 18000 @ 15.899
The bargain of the century.
As paddy says sit on hands and accumulate at these levels.
SD will give us the news we need s.oon.
As the markets suffer gold will be key.
Chris
Just added a few more.
Didn’t think I’d see under 16p again, so thought I’d buy myself an early Christmas present.
Strange markets at the minute, don’t even bother trying to work them out. Just go by what good old Benjamin Graham said in his book ‘the intelligent investor’.
Waiting patiently
GL
Holding and adding when possible.
GLA
Held all my shares, had a cunning plan to sell my OMI this morning to top up but alas didn’t have the gumption and didn’t want to be greedy :)
Old lol *hold
I wanted to buy in today at bargain prices but have no free funds until tomorrow. Selfishly hoping for a decent opportunity tomorrow to get a few more shiny retirement tokens. It's a no brainer. This is a 10 year old minimum for me
Just to add I’ve been with my IFA for 25 years and she has full visibility of this investment.
Love that OllieL - Good luck to you young man.
Thanks again Bunky, made me laugh.
My comment vs pros was a bit tongue in cheek, but your observation is right that my investment here is right off the scale vs my usual balanced risk attitude.
The size of my investment here whilst a decent sum is a small proportion of my portfolio and one I can allow to mature like a fine wine and learn from.
@KEVWT - no worries. I have fairly good insight into the world of FAs. Assuming they're independant (and not restricted) you could ask them if they'd be kind enough to open a second 'self trade' wrapper (alongside your existing assets that they manage) which you can transfer and trade your DIY investments on too. Obviously there should be no ongoing fees etc for the FA for this service and I'd hope they'd just set it up as a bit of goodwill. That way you'll likely benefit from lower aggregate platform fees across your whole portfolio, and you'll also become more familiar with the position of the discretionary assets that your FA manages. Meanwhile your FA can see what you're getting upto in DIY world which makes your annual review and financial planning far more effecitve and efficient. Win win for both parties.
p.s. He/She would probably baulk a bit at first and (quite understandably) be concerned about advice liability on your DIY assets. But they don't need to be concerned so long as it's set up without any charge, and on your instruction. I say that with good authority from a compliance position. Hope that's of some use.
p.p.s. On behalf of your FA, please PLEASE don't compare the performance of a single AIM stock against a well diversified portfolio that's deisgned to manage the volatility of drawdown for a recently retired 'youngster'. It's like asking somebody to get your kids to school in a Volvo by 9:00am, and then raising an eyebrow because you got there quicker by drifting around corners in an Impreza :)
Nice one Coach. Will you be notifying the stock exchange soon?:-)
Evening All
Managed to top up 150k today at 16.2p. Had to
GLA
Regards
Coach
Topped up 18k shares taking me to 238k total. I'll be a wealthy man by the time I hit my 30's
Added again, hit the 500k share mark now across various accounts, this remains a fantastic long term investment, once the PFS and FS are done in particular things will be v different to today.
@Bunky, thanks for the advice, I will look into that further.
To be fair I am relatively new to buying individually company stocks (18 months), up till now our investments have been managed on a discretional basis with the help of my FA. Duringlockdown last year I took the opportunity to dabble myself as I suspect many did for the first time.
I enjoyed the experience and have just retired recently (luckily early), so I now have a bit more time to devote, we will see if I can beat my advisors over time!
This was one of the first shares I liked the look of, can’t remember if it was a tip off from a mate or from reading another BB but it has certainly been an education following this BB.
Whilst I’m here I would just like to add my gratitude to all the knowledgable posters here, we know who they all are. I check in most days not only for great insight but I also find some of the debate quite entertaining if the intent is not too mischievous.
Maybe I should get out more……
KevWT
Bonkers - I reckon it would have still dropped as it's dropped based on an event. It'll bounce back from that. My opinion.
@KEVWT
I'm sure you already know this, but i see quite a few people talk about moving platforms, but with concerns about "being out of the market". You don't need any spare cash for that. A simple in-specie transfer can be transacted by most platforms.
for example, I like the speed at which I can buy on HL, but the rest of their service (and expensive platform cost) along with the pathetic reality that they don't have a Bed n ISA option at the moment, means that all I want to do with them is Buy the stock.
I then immediately instruct my "proper" platform to request an in-specie transfer from HL. It may take a month or two for them to pull their finger out. But I don't care, i'm in the market, I'm not selling for a long time, so I leave them to earn their repective crusts and sort it out amongst themselves.
p.s Staying on topic, I bought a nice lump today and intend to do the same tomorrow if it carries on dipping below 16p.
Topped up on Friday and again today. BUY when people are fearful. The Evergrande scandal could cause a knock-on effect in the markets, as quite a few well-known companies have big percentages in it. It could be short or medium term, but now is the time to take advantage and top up before the shares bounce back. GLA Greatlanders!
On the flip side if the general market had more "certainty " would it have dropped over 7% , I'm not convinced hence why I topped up , especially with the pfs due any time now I saw today as a gift
Seems to me you are playing a very savvy game Spoon - times are extremely uncertain so why rush!