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Whether you sell or not is not really for us to comment on; if you have lost faith in the managers, then sell is possibly the right decision; conversely, if the SP has outperformed its peers (and bear in mind that last year was an atrocious one for investors), then a rising share price should provide some confidence to buy more.
For myself, my holding was purchased a decade or more ago and I see no reason to alter my holding relative to its relevance in my portfolio to me.
FWIW, I am always nervous with sharp rises in share prices unless accompanied with news. My preference is for sustained rise over a 6 month period and re-balancing holding as circumstances permit. I also tend to make public comment on holdings that give cause to worry.
I believe that the worst is now behind us - the added benefit is less drivel from me.
Todays news of acquisition seems an excellent fit
The level for notifiable short positions is 0.5% in the site shorttracker.co.uk
There are no substantial short positions in place since September. Yesterday saw a very decent rise for many equities on the rumour of falling interest rates next year. Safety in gilts/bonds/treasuries but capital growth from equities. Consumer discretionary spending is alive despite the cost of living crisis reports that sells newspapers
And they read well to me.
Never wrong to bank a profit.
Reads well to me
Reads well to me.
I've added a few more today - couldn't resist.
I have bought a few shares today for younger son.
I have added a few more shares today - I like to buy on statue days.
TOP 5 for me are:
TEM.L
III.L
RIO.L
LGEN.L
MRC.L
BA.L comes in below RKT.L, GSEO, PEY.L, SIE.XE and ROG.S
My portfolio has not been constructed for income. It has been constructed for capital growth and any income thrown off is a bonus and more often than not from holdings owned for decades.
Reassuring narrative….. buyers market…….core fine….realised cash exceeds investment….. The RNS works for me.
Don’t forget that the run up to end July was very good for investors, but Aug, Sept and Oct were dreadful and most of the previous 7 months gains evaporated.
We know that GROW has had an extremely volatile year and this could skew the narrative explanation of portfolio. I have no problem with a lot of bad news released in one go, but a gradual trickle of bad news smacks to me of concealment.
I am expecting poor results with measured explanation. Forward statements are much more valuable than navel gazing and dwelling on the past. As ever, my optimism remains confident of my invested stake out performing average growth.
RNS confirms Action performing strongly
I have added a few more today for elder son
Yesterday, the Fed in pausing a rise accompanied the decision with calming words that are easing investor worries. The Bank of England followed suit to allow the heavy lifting that the rises seek to achieve have a little more time to do their stuff. And while it does translate to the consumer having any less of a difficult time with their own cost of living problems, it is possible that perhaps interest rates have topped off though are likely to stay at these levels for a few months.
This is sufficient for a slight movement in favour of equities hence the decent rise in share prices in Europe and quite pronounced for GROW though the figures produced by this site are unreliable.
Good to note that litigation has been determined in the case of Ryanair.
In todays business section on the BBC, the lead article comments on the report by Begbies Trayner, (I do own a few shares in BEG still) of company failures rising. With the price of gold rising in response to Middle East, it mitigates any slowdown in foreign exchange over winter months. The cost of living for many remains problematic.