Defensive Buying - week ending 10 March 2017

Monday, 13th March 2017 14:59 - by Moosh

The number of shares in a defensive buy is dictated primarily by the asking price and the buy/sell commission that you pay – for simplification I will assume that the buy and sell commissions are the same value and will provide a maximum number of shares to buy for a single commission of £5.25, £7.50, £10.00, and £12.00.

If your commission is not shown here, then round up to the nearest commission level and use that as a potential maximum number of shares to buy, assuming you are happy with the fundamentals at the latest time and price given. I will be adding more companies to the Defensive Buy list when they are ready to appear on it and NOT before!

One more defensive buy from Metal Tiger (MTR) this week:

Bought: 7330 shares MTR (4 tranches)

Total cost of purchase: £163.39

Return after selling cost: £178.81

Return on investment: 9.4%

Incubation time: 94 days

Total profit from defensive buys (rounded down to nearest pound):

£8 (GSK) +£7 (BT.A) +£50 (ARS) +£4 (OMI) +£81 (ARS) +£20 (OXP) +£6 (ARS) +£118 (PLUS) +£7(DLG) +£14 (MTR) +£24 (7DIG) +£30 (MTR) +£21 (CPI) +£15 (MTR) = £405

The Writer's views are their own, not a representation of London South East's. No advice is inferred or given. If you require financial advice, please seek an Independent Financial Adviser.