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RK,
Your comments on future areas for ‘ethical’ or ‘worthwhile for all ‘ investment strike a chord. Perhaps there a newer “belief’ in seeking to do the right thing coming through? Investment for everyone’s benifit(S).
Here’s to hope ( and faith)
Ah so there are other scenarios due to the inconsistent marginal tax rates. These occur at £50k and £100k where reductions in allowances put you in approx 67% marginal tax rates.
This means if you put in £10000 into pension from take home the tax man puts in another £15000. That is some return (even higher if done through salary sacrifice). That £25k goes to work immediately (say in a tracker) and you can take 25% tax free at retirement but you pay your future tax rate in the future. Compare this to say £10000 going into a tracker and I think for people in this situation pension wins out.
Not a financial adviser, don't have a BMW.
Trek, I agree it is essential for all investors to use there ISA allowances first, that, of course, is you can add £20K each into the account, and that can grow as much as it can down to the investments you chose. The great this is when you decide to withdraw any sum it is tax-free! So those with large ISA's (worth a lot of money are in a tax-free situation later in life when they decide to sell some to live or buy something.
If you invest in a SIPP every month, for every £100 the tax man gives you another £25. It is possible to add up to £40K per year into a SIPP with the top up from taxman that is £50k per year. But, when you retire you have to apply income tax at the current rates to withdrawals. There are also two crystallisation dates, where any amount over the current lifetime limit where a tax lump sum is payable to the revenue! Paying large amounts of tax for those with successful investment portfolios will be painful. The two dates are the day you retire or decide to crystalise your SIPP (from the 55th Birthday) and you 75th birthday. But the good thing is you can with draw 25% as a tax-free lump sum. So there are some great investment vehicles to help us, investors. just remember you cant withdraw from a SIPP until your retire (earliest 55th or 57th Birthday depending on your age).
So the coming years are going to be interesting. The implications of this virus on the world population both from a civilisation (our relationships with each other) point of view and an economic point of view are going to be deep a wide without intervention through readily available treatments and testing.
The world's priority will be how to create income and where our food comes from, where our water comes from and how we generate energy from our planet at low cost with low impact. Old forms of investment platforms will change as priorities our change. Savvy investors will be thinking about this over the weeks ahead. I predict a second wave and a second lock down as people are not thinking and the world is under pressure to get life back. Time for people to be smart and think this through.
Investments like Avacta are part of the solution and for many will be a springboard, but we need to keep our eyes open and look at what will be needed. Food, water, packaging, low-cost energy, low-cost transport, new forms of virtual entertainment and medical requirements. These are the key future points.
I see other priorities too but that is not for a public share chat as politics and faith are not part of this.
These are just musings, but it is time to think!
I think another Avacta top-up is needed tomorrow! something is coming soon here and it will have a huge impact.
Have a great evening!
Cheers, RK
That’s why I posted about gsk in last few posts
I didn’t know if it was bull**** or not
I take it it was just a mega ramper?
Ah tsbs1, good to see you. I'm very very confident. Take a look here
https://avacta.com/diagnostics/covid-19/
And ponder why www.medusa19.com has been partnered for global distribution.
Then have a read here for what else avacta are up to :
https://avacta.com/therapeutics/
Like I say very confident.....
If anyone is looking for a bit of ISA advice, you should ask Umar Kamani.
As well as the LSE Awacta board and GSK (why?), he also had a tab on ISAs open :-)
tsbs: Very high imho and significantly better than on my FRR shares I suspect! SGS
timster
what do you think the chances are here for some gains
Don't start , that's the Awacta board
CONWERTED
but you had me converted...damn
Dryland you are obsessed with a 1pm RNS how many times!! Avacta only do 7ams ;)
1pm tomorrow?
Trumps done for the day, so wheres the big launch that well respected member promised us??
https://factba.se/topic/calendar
Lol RK, I’m in a similar boat. Rather than use a sipp, I have put Mrs Treks into her stocks and shares isa (I don’t know why they call it that it’s the same) maxing out over the last 4 years.
Obviously ISA is cheaper and more flexible. It is 344% up in that time and that’s with the last £20k only just going in. It also allows for US/China trades wars, North Korea, Syria, POO bust, Brexit and Covid!
She also has a small private pension which we are crystallising as per the new rules next month. Why because she’d need to live to 180 to get the money back over taking the cash! Lol!
If there are any IFA’s that can explain what exactly it is you get for the charges i’d be interested to know.
Trek
Beg to differ RK. BPC is an interesting oil play at the right price with result due in December. I take your point Oil in general is risky atm for many reasons. I too will look at my SIPP. Just discovered an old GAN pension that I thought was dead and buried long ago!
Cheers.
Thanks RK. Never thought of going SIPP route partly cause risk adverse for that bit. Tend towards low cost trackers or lifestyle funds - my younger self doesn't want to hack off my older self
In terms of ISA and share account currently holding 8 stocks of which 7 are healthcare. Due to Avacta I'm well ahead of Axa.
I guess I'm holding so much cash with Aviv a cause I'm not sure where else to put it while I sit on sidelines.
In terms of SIPP can you invest in funds cheaper than being with Aviv a
RD, I had a pension with Aviva, I transferred it into a SIPP and have managed it ever since. Over 5 years it has grown by 1000%. If I had left it with Aviva I would be around 33% up.
This pensions are such a con and the charges are so high!
Makes you think. If we have a second wave the global market will have a much deeper and longer drop. Being able to be in the right sectors at times like those is going to be critical. People want safe places to hold there money and many fund managers are stuck in the rules of there funds. That is bad news. So folks now is the time to be smart.
Gold is one area, oil is not an area. But Healthcare and Biotechs are the new tech stocks and the right ones will go ballistic.
If we take AXA Framlington Healthcare fund, it has increased 20% in 6 weeks. Balanced amongst the largest pharmaceutical companies in the world.
Avacta has increased over 200%!
Food for thought!
Cheers RK
Chen - I'm filling up
Oil be there - I'm googling at least four of the words you said
I'm also thinking income but healthcare offers growth as well but main players are looking a tad pricey. Avacta is a short term **** or bust at this price but offers long term return - my last 10x took 6 years.
I think the market is going to go South - all based on lower economic activity for awhile. Some sectors hit worse then others - interesting thought about cruises - personally I think they are screwed but good luck. Molecatching is looking good - to be honest its a defensibe play that one.
I don't have the courage yey but want to move to high cash within pension - about 30%, 30% bonds / gilts - rest is growth / medium risk inc income funds (I'm with Aviv a for pension and cannot buy individual stocks plus having that there enables me to run my own portfolio - if it all goes tits IP I have enough for a bag of coal and bread.
I think index will be fall to 5200/during Sept and finish at 5499. But based on nothing more than finger in wind
yeah I'm not convinced things are priced in. More I feel that money needs to go somewhere. There is risk but the returns elsewhere are poor and so risk is accepted (especially give fund manager gets paid regardless). Given the levels of some stocks, it looks like there is a strong assumption everyone is going to keep ordering iphones, playing games, and ordering plastic stuff online (US market anyway). If the is a big down turn, iphones etc will probably not be the top of a lot of peoples shopping list.
Holding long on AVCT. C-19 situation/test is +ve for AVCT, in 12 months time scale but I more feel it will give them a spring board to enter other markets as well 3-5 years. Cash in the bank really helps fire a company expansion:-)
I don't agree that all of these items are "priced in". Markets are pricing in a quick recovery it seems, but not some of the terrible things you mention. In any case, single case companies such as Avacta, if they deliver, should do well regardless of the economic backdrop.
And a house builder.
Wouldn’t mind some income shares too. Then if Avacta has got high enough to find them I can retire... nice to dream, we’re not all mole catchers.
Quite like the risky ones... Carnival raised a bunch of cash so should be solid and have a huge way to go to get back to their previous levels. I’m pretty sure testing on cruises will be a key market for Avacta :-)
Also thinking about hospitality, maybe IHG. Hollywood Bowl for entertainment perhaps. Dart group for travel. Plenty out there. Likewise, no recommendations here, just ideas for now.
Yes indeed PL75. My strategy sounds the same as yours. For instance, MCS is one I'm bullish about, at least when the time is right. In March they had an available cash balance of 127m. Shares currently at 50% of pre crash value.
Please note: Not a cross ramp as I have absolutely no holding there at present.
This is turning in to a cracking thread.
Agree Hants, that’s my plan, once Avacta have put Operation Sir Al Saves The World wheels in to motion I’ll consider looking for places to put in money that will hopefully recover well. Anything that’s suffered most but isn’t riddled with debt would be my starting point.
Chengdo, love it and fully agree.