Our live Investing Matters Podcast Special which took place at the Master Investor Show discussing 'How undervalued is the UK stock market?', 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.
"how do you buy the debt"
Broker, it's easier if the stock is listed on ORB, the LSE's retail bond platform https://www.lseg.com/markets-products-and-services/our-markets/london-stock-exchange/fixed-income-markets/retail-bonds
Otherwise you have to work in large figures. c100K
I also use WiseAlpha, but their's platform risk. They are a start-up offering "notes" in Corporate Bonds.
Here's a few example of ORB listed debt:
https://www.londonstockexchange.com/exchange/prices-and-markets/retail-bonds/company-summary/XS1088905093IEGBPUKCP.html?lang=en
https://www.londonstockexchange.com/exchange/prices-and-markets/retail-bonds/company-summary/XS1791022186GBGBPUKCP.html?lang=en
https://www.londonstockexchange.com/exchange/prices-and-markets/debt-securities/company-summary/GB00BYY8MM32GBGBPSTBS.html?ds=1&lang=en
"What sort of yield are you getting"
9%, 14% YTM so you can see I'm buying corporate and junk.
https://www.wisealpha.com/
"I wouldn't mind his/her's take on this ........... :)"
"might have wasted his morning, but I read and learnt a lot...........!"
I have no interest either long or short in SXX, so I was only interested in discussing Rule 5 in case it had changed (it did slightly in 2014).
I've been watching SXX for years, but it doesn't fit my investment criteria. If it works out in a few years and they raise secure debt, when the business is making a profit, then I might participate. I like assest backed investments. Until then it's too specualtive for me. Even for a 2% portfolio position.
I do buy speculative positions in comapnies that are distressed, but usally only their debt. That way shareholders are first in line first for a grubbing. I hopefully get to stay in the game for longer. Hence I fold debt in Metro, Burford, Intu, Debenhams, Yell and 40+ other companies.
As far as equity goes I prefer ETF's, VCT's and IT's.
Good luck with your invesments, might join you in 5 years or so.
Interesting Chesh that you mentioned casa earlier, hopefully now most see him for what he is. He is desperate to be proved correct here no matter what that costs the good people here !!!! Yet another time he jumped on the doom bandwagon????? There probable are a few that are new to this that would listen to that garbage? Supposing Sirius has not rebuked the mail article and some sold on casa ‘s irresponsible post ??? How the hell did that get 5 ticks ? Others here with an agenda too ? Thank goodness it was a weekend and no market open that’s all I can say. People please be careful what you listen to and what you read in the press
Regards to all
Ffc
I wouldn't mind his/her's take on this ........... :)
might have wasted his morning, but I read and learnt a lot...........!
All the best (Casa and his...... all in quotes means it's true as well :()