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This has performed even better than the Scottish Mortgage Trust over the last four months. GLA
Guess the champagne corks are popping on this one, truly a hare amongst tortoises.
The so-called "buys" and "sells" are total BS, buyonfear. It's our old friend 'the algorithm', which assumes that if your trade price was closer to the bid, then it must have been a sell. And conversely, if struck closer to the offer it must have been a buy.
Whoever executed your buy, got you a sharp price. Well done.
You can see how nonsensical the algorithm is by looking late in the day at any share's right-hand column, headed # Trades, just beneath the 3-month graph. It purports to total the buys and value them. Ditto for the sells. Often these "totals" are completely at variance with the reality of where the stock ended the day.
There's a marvellous example today. William Hill (WMH) rose by 1%, or 1.7p. Yet this fatuous totals column claims that shares sold of £6 million were twice the size of the supposed buys at £3 million. In which case the price should have tumbled, but didn't. All this proves (maybe) is that buyers like us cut tighter deals than the sellers, who don't look for sharp prices. It might also be to do with the amount of stock on hand that the MM's are holding, that they're willing to sell cheaper than the offer, just to lighten their books.
Some of these 'sells' must be 'buys' as the 'sell' of 7253 shares today was mine & it was definitely a 'buy' !
now trading above asset value but now at its highest price ever .brilliant!
Yes, good recovery from just prior CV. SMT has been as good too.
remarkable capital preservation here . amazing amounts of money lost in the market sectors like retail/banks/hospitality .thank god mr brodie's selection has been good (so far)
I believe the market is deadly and lack of liquidiity and volume is fudge Fortune favours the brave or in my case the stupid. A perfect example of crazy is Zoo in the last week. If i had bought they would have collapsed further than 59p,. I didn't buy and now they are 90p. Thomas Cook has also done my sweed in. I avoid crypto currency but some of our stocks are appear just as volotile. Take care all.
Ironic. You blighter. Ha ha. Why can't we boring and just buy bonds. Going on market conditions. I am changing my name to Russian Roulette. I am still walking funny after taken it up your ronsom from Flybe. Anyhow just thought i would say hello chap.
If you had 100 shares before now you have 500. Price down today 80.01%. So, you are exactly in the same position as before.
Can anyone tell me if investing in this is any different from other shares. When I looked at buying a warning I had not seen before appeared so did not buy. Anyone advise?
The whole markets are performing badly . Flyb giving its assets away to settle debts and have a Bridging loan . YU lost 98% value over night and they are debt free and cash rich . MTMY agreeing a intrest payment rise on their $50 million bonds to keep going . The funds supporting all these losses are losing tens of millions over night . Not a good time to to be locked in to these losses . FRR de listed LION de listed can’t survive the markets shorting going it alone to try and survive . Here doing a share split as dilution is so silly .companys every where with Billions of shares . No5 a good time to be invested defnetly not a good time to be in a investment company .
It’s a share split not a crash. It’s actually performed quite well
A bad decade for investing . Individuals suffering but trusts losing tens of millions over night all over the market . If individuals are getting slaughtered trusts and hedge funds are having it even worse . A few shares I have watched big investors have lost close to £100 million over night . Canaccord for example . Surely these big investors will leave the markets now . The markets are collapsing due to dilution brought on by the very market holding growth back through shorting . Time to stop investing any where .
Edinburgh Worldwide Inv Trust (EWI) Director name: Mr David E Reid Amount purchased: 40,000 @ 282.00p Value: £112,800
EDINBURGH WORLDWIDE INVESTMENT TRUST PLC Interim Management Statement - 3 months to 31 July 2011 Edinburgh Worldwide aims to achieve long term capital growth by investing in listed companies throughout the world. It tends to hold shares in around forty companies and income is not a consideration when selecting investments. Review of the period · Over the quarter, the Company's net asset value decreased by 2.4% compared to a decrease in the comparative index of 3.6% while the share price decreased by 5.1%. All figures are total return. · The interim dividend of 0.50p per share was paid on 21 July 2011 to shareholders on the register on 24 June 2011. · Changes to the Top 20 Equity Holdings in the period involved additions to Novozymes and First Solar. Additions to Hermes and Salesforce.com brought them into the Top 20. The investments in Petrobras and Banco Santander were sold. Other changes to the Top 20 were due to market movements. Outwith the Top 20, new investments were made in Illumina, MIPS Technologies, Belle International, 3SBio and Noah Holdings. The investments in VCA Antech, Nintendo and BYD were sold. · A further £4 million was drawn down on 21 June under the multi-currency loan facility.
http://www.investegate.co.uk/Article.aspx?id=201108121446283013M
http://www.investegate.co.uk/Article.aspx?id=201106030700107798H
Edinburgh Worldwide outperforms market Date: Friday 03 Jun 2011 LONDON (ShareCast) - Edinburgh Worldwide, the Baillie Gifford-managed investment trust, outperformed its benchmark index in the first half of its financial year. In the six months to the end of April, the company's net asset value (NAV) per share rose by 10.7%, whereas over the same period the MSCI All Countries World Index increased by 8.3% in sterling terms. The trust had total assets of £194.4m (before deduction of loans of £25.1m ) as at 30 April 2011. During the reporting period the fund acquired five new holdings: C-Trip, a Chinese travel aggregator web site; iRobot, a Massachusetts Institute of Technology spin-off aimed at commercialising domestic robots; Salesforce.com, a cloud computer services company; Hengdeli, a Chinese watch seller, plus Autonomy, the UK data search specialist. Observers will note the emphasis on Chinese companies combined with a bias for hi-tech start-ups. This is backed up by the half-yearly management report, which states: “Western observers who view the seismic shifts through rose-tinted spectacles and yearn for a reversion to yesterday's status quo, we think are in real danger of becoming modern-day King Canutes attempting to turn back the tide of change," said the trust's investment manager. "We believe the next decade and beyond will continue to see radical shifts in global GDP [gross domestic product] and technological progress which will continue to create exciting global investment opportunities.” The interim dividend is unchanged at 0.50p. BS