The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust 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.
looks like some are favorable and up like gas and oil on demand whereas the big miners are on the decline again like to rio etc. i've actually hedged a little in here to go against my at home gas bills alongside awaiting a huge drop off in all commodity stocks to then buy back in. interesting six months ahead
Hi unvrkw
so I take you are not buying back in Fxpo yet.
I a
have also edged on my energy bill with Jkx and in Serica. Serica will present results tomorrow awaiting to top up in case there is a sell on the news sp dropp.
Miners after recent commodities price correction are all on the retreat, one would thing this is the right moment to start accumulate for an economic rebound, but with China slowing down, Evergrande and other macro issues many are expecting a correction that may take some time to be priced in. This is why I am becoming adverse to long term holding, has there is very little visibility out there. You hinted at commodities drop of, which lot of it has already occurred, but if GDP around the world start to disappoint, it will be hard also for energy prices to keep up at theses levels. Theses days energy and commodities prices seems to be affected more by singular events, than by markets and trends, to the point that has become quite unpredictable to forecast a trend. Lots of volatility out there require lots of caution.
i got out of fxpo sometime ago and timing wise slightly too early. however that doesn't bother me as its about wealth preservation next 12 months or so, I'm not here to make loads.
I'm big on devaluation of currencies, debt levels, economic roll over and inflation coming through that actually the central banks can do little about but the bond markets will.
i;ve taken a very small position here plus GCL which i hope to make even no more than 10% on and will cash out next couple of months max as the prices drive upwards. i'll then wait for a correction, i dont think weve seen even half of whats coming, right back down, very low asset levels with which to then buy back in and see a huge, inflation led upside for the next few years. when this breaks my cash is ready;
JKX, FXPO, RIO, BP, BRWM are my pick, overall high value, big stocks that will work against inflation for me and handout huge divi payments. alongside GCL for the uranium play and one fund that buys PMs. ive a few others, most are high value plays also like unilever which is now below £40 which doesnt happen often.
the market is overcooked in all the wrong sectors for the future, move over tech, commodities and value coming through.
fxpo down to £2.
And my only other thought, if I buy at the moment I’m buying commodity based, cash generating stocks. The market will pull back everywhere, commodity stocks will recover, many others won’t
huge numbers and whilst i appreciate like many that commodities can quickly drop i guess this is also based against the type of winter coming, whether russia wishes to release more? which i never quite got with oil in that they tended to always release more to drive the price down when they had the market. why would russia release too much more, granted it would worry of loosing market share however not close anywhere near this point as yet
and someone mentioned the oil being pumped out daily too
@SR123 could you post a link to where you are following the Ukranian gas prices please?