The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I see the same names appear with these shares when they fall in value claiming what excellent value they now are and with the odd exception they continue to fall, TCG, DEB, KIE, MTRO etc. Momentum works both ways, it has worked very well for me with OCDO but I would be very wary of investing in a share which has had a big fall.
Personally I never have more than 10% in any one share. One guy in Tullow had invested all his money (£350k) and had lost £250k.
Thanks - me too. My main investment is here so I'm looking forward to the next 12 months - may get a bit of an uplift tomorrow/first thing Thursday but I should imagine a lot of people will be selling Thursday afternoon just in case there's an unexpected outcome in the election.
T : Glad Tullow recovered or you...next, Ocado can recover!
Only two days to go to the election and Ocados trading update - hopefully the update will be good as they implied that the trial of 1 hour delivery slots from order are doing well. Tullow has recovered a bit today so am holding - a lot of chartists (one that I watch closely) has got the shares recovering to the 84p range which is what I was hoping for yesterday!
Same for me with Interserve. I would agree with sticking to what you know - the problem with spreading yourself across different companies is that you're perhaps not able to monitor them all closely, but eggs in one basket not good either. I think with some uncertainty removed things could be better for the UK market next year but wouldn't be surprised to see the US market take a dive as it seems to be artificially inflated at the moment.
My mistakes were not really knowing those companies properly. Some experts say diversify, but I would actually say that was my downfall. I could have stuck to a few things I know well and left it at that.
I'm not full of confidence for next year, looks like the same problems will be here, but despite that, there seems to be still ways of making money from shares eventually.
I steered clear of Carillion but did suffer a bit of a loss with Interserve. I think everyone has their own stories about big hits but I've followed Tullow on and off for a few years - I think with the changing environment oil is not going to be in favour but I was surprised at the extent of the drop today - only wanted a small bounce but they don't seem to happen these days - seems as if a company issues an RNS with a bit of bad news they're getting hammered - like it was here with £13.80 down to £11.70 - you think your safe with FTSE 100 or 250 companies but I think this year has been especially hard - I don't think there's that many company's that have gone up - Trump and his trade war and Brexit uncertainty have both had their parts to play. Roll on next year when hopefully things will be a bit better.
Don't know anything about oil sorry, hope you get your cash back.
I bought Carillion when they went to 40p, only to see them go to 17p, just managed to sell before administration!,
Then had Gear4music, which dropped from about £7 to £1.60 after Blackrock unexpectedly pulled out, which is now still flatlining at £2.12.
So that was two big losses, but then I had both Ocado and IAG which made all that back, so It is possible to recover against adversity. Depends on your gut feeling if they can come back? Good luck.
Thats true - thankfully I only bought a few shares - just feel sorry for those that are heavily invested there - hopefully over time it may recover.
Once the rot sets in it can be hell without a bounce, been there before thinking I had caught the bottom.
Thought I did ok this morning with Tullow at 58p - saw it bottom at 54p so thought it was safe for a 10p rise from there. Cant believe it went down over 70%!
Ive just bought a few with some spare cash - hopefully it's hit bottom now - even if it only goes up by 10p I've recouped my previous losses so I'll be happy with that. I think there are a few people heavily invested there though so I feel for them.
Treacle I did exactly the same - waited a couple of weeks and saw no signs of recovery for Tullow and now in Ocado. Feel for the folk who went into Tullow towards the end of last week.
I bought some Tullow shares a few weeks ago when they had the 20% odd drop - didn't seem to be recovering so sold at a small loss and bought more Ocado instead - looking at them today, I'm glad i did. Feel sorry for holders there.