Defensive Buying - Week Ending 7 April 2017

Monday, 10th April 2017 10:51 - 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!

Another defensive buy in Metal Tiger (MTR):

Bought: 5282 shares MTR (5 tranches)

Total cost of purchase: £151.29

Return after selling cost: £169.53

Return on investment: 12%

Incubation time: 161 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) +£58 (PLUS) +£11 (PLUS) +£5 (CPI) +£18 (MTR) = £497