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Ge0
Experience has shown that, as a rule it is not always a good idea to hold a stock forever, fang stocks excluded.
Stocks tend to rise and fall, stock specific, general market volatility and of course crashes and mini crashes. It is worth noting that by the time Sky BBC etc are reporting the news, it is already too late to act and the contrarian call is usually prudent. Secret is to pick sound companies you expect to last and grow in the long term. Always good to enter initially when one of the shares you follow has a major drop (obviously check out the reason why - in case it is a red alert avoid).
My aim is to build a solid portfolio of stocks with an average cost well below the trading range and by adding and trimming (and patiently waiting) over time the average trend towards zero cost and as a rule never panic. Paper losses are just opportunities.
The harder the fall, the better the starting point, the sweeter the recovery. Adding in tranches rather than putting 100% in on day 1 in any stock helps mitigate the risk until you are on the right side of the average. Take on a paper loss and instead of a panic out on a further drop add tranche 2,3,4,5 on every drop until your are fully invested. Any turn allows you to offload some tranches higher than the entry point. Rebuy on further drops of trim on further rises.
I find 99% will average out to profit within weeks or months.
Not a recommendation to anyone.
DYOR
Ge0rge123
look at the cash flow statement in the Results ..it tells you everything you need to know about how the net debt has increased .... negative free cash flow, drop in year end cash level, repayment of certain borrowings with new borrowings ...it is all there
Mary / Rhinocol
Firstly thanks Mary and yes I'm not a troll. In my observations most of tgebfights / Spats come on the boards where there has been massive declines in an SP . They also appear when the Shorters are very active. It can be a distraction but easy to overlook and focus on the sincere posters who can bring a lot to the party
Thanks Mary for the formula even though its kinda gone over my head and above my ininterlectual level..
I think you stated at 9ne point that you were in the Financial Sector ..not sure but an IFA..any chance you can review my recent posts about Wood Groups increased debt
Cheers
G
Very true rhino. Yes, many anon posters and when the tide goes out etc. I try to respond positively to all with courtesy. A rare breed.
Mary, you cannott trust comments on these boards. A vast number are rampers and simlar number are derampers. Look at the fights taking place on Superdry at the moment. This whole stockmarket style of trading is merely a lottery. That is why the wealth warnings are displayed on sites stating 90% of private punters lose money. Trouble is many inexperianced punters (and experianced punters) get sucked in through greed .The DYOR has never been truer. I take many comments on here with a pinch of salt and only hope punters are not sucked in . Somone once said many years ago the stock market will rip the shirt off your back, so so true. Punters beware!!
In fairness, in life at some point you have to trust, not just troll (not aimed at ge0 ), just a general observation on the lse boards.
It was meant to be a formula, an illustration to show a plan entry and exit. The quantity is irrelevant as long as X is above 4k+ - stamp and the £5.95 commission is negligible.
As regards dates and figures ge0, that is for the Mr Revenue for the non ISA holdings. My tranches are usually 10k here if that helps.
In fairness Mary it would be a lot easier to understand if you replaced the "x's" with real figures . Better stilling you put the dates and times of all the trades
Ehhr well for me it would anyway
Plan X @136 X @132 X @129 2X @ 128 = 5X 130.60.
Sell 3X at 140 - 150p+, eg avge 145p
Leaves 2X @ 109p etc.
No body has responded to my question about the 49% increase in debt in last financial....I could have got it wrong but the lack of response begs Question
Mary
Any chance you could have a quick look
Thanks
G
H2 Weighted and H1 weighted exceptionals ....no wonder the market has sold and gone elsewhere
A case of whether you decide to buy now and leave until 2025 when the suggested cash flow comes through ,
@Rhino @Aucuba
Not quiet at all, if you read my posts on SDRY, the position is crystal clear. Please do not misrepresent me. I only check boards when I am interested in posts or have spotted an opportunity.
Yes Aucuba still adding - without fear as I have a lot of patience if required. Plenty bought low and average still remains sub 90p so that will quickly fall when we rise again.
Easy to detract it seems but why not add value?
Diversifed portfolio. Rangebound and at low end so the low hanging fruit should be harvested soon.
Mary is probably buying Superdry which has collapsed 60% in the last couple of days. No she has gone very quite on there also. These shares are just wild punts for the get rich chancers. Sorry for the LTH and others that have been sucked in.
New 52 week low tomorrow.
MaryBr190 - you must be buying bucket loads here - it will take a lot of your predicted 15p rises to get this back to the value offered by Apollo.
Any offer coming in now at around the 200p will be taken - shareholders will not stand for further false promises from this lot
there will be no value for shareholders
gilmartin and his mates just sitting back taking the coin, why accept 240p and be out of a job
filling his lard **** pocket whilst there is cash in the till
huge debt and 1 more legacy claim and it’s goodnight vienna here
his sky interview was a disgrace, side stepped each of ian kings questions with a barrage of meaningless figures
Now way off the £2.40 bid from Apollo. Where is the 'shareholder value' as promised?
Pippered
Rally based on a hope and a prayer in my opinion. MaryBr190's 15p is a drop of what it has lost recently and based on nothing more than wishful thinking - again in my opinion.
130 broken down, open the parachute
Sorry 736 to 1094 ??
Was about to press the buy button ....just speed read Dec 2023 year end figures
Everything looked fine and dandy until the net debt ....which had increased by 49 % ish from 743million ish to wel over 1 billion
Based on what should be rally?
As you can see from the 1 day chart, we're getting very close to the bounce zone.
https://ibb.co/wBF1Hnq
The share price is looking oversold on the 1 day chart.
I've added more at 129.00, this morning.
At some point it will rally 15p for no reason so loading up - been on this rodeo before and each time when all looks lost, patience pays off.
Never give up on Woody.
This is just a b------t investment.