Member Info for Alas_Smith

The UT is always utterly irrelevant as it is simply a balancing number to ensure a balance sheet balances. The opening price reflects news prior to the trading hours that the exchange has plus the adjustment in filled snd unfulfilled orders betwene trading sessions which is itself a balancing figure to start the new day.

A half to one hour period between the opening and closing times of dealing hours is a period that is unreliable for the ordinary punter to nail colours to mast

As part of a long term strategy, made initial purchase close to the closing bell for elder son in his SIPP. Time will determine the wisdom or folloy of this.

The fundamental difference today, Garonne, between Bond and Wilson is “skin in the game”.

Perhaps the only advantage of advancing age is the perspective of time.

Ripley94, if it is of any consolation, my late father recalls writing a research note on the prospects for Glaxo and Beecham only to conclude that neither had advantage over the other and recommended selling both to look for growth elsewhere. He oublished in on a Friday. Over the weekend that followed merger was announced. Pa returned to oil analysis, a sector he knew from 1969 until he retired in 2000

I’ve lost count of the number of retailers expanding into America only to withdraw a few months later. A different audience, margin, variety of offerings and presentation needed. The ONLY way to launch in America is by acquisition if a lasting future is expected

Investing is a funny old game. Bought a little chunk yesterday for elder son in his SIPP. Not sure I care whether this was a good point of entry as it is his point of entry. Over the next 25 or more years it will be obvious if this is the correct decision

Bought a chunk yesterday for elder son in his SIPP. Time will determine the wisdom

Https://fuelcellsworks.com/2026/05/19/news/national-highways-pilots-groundbreaking-green-hydrogen-on-merseyside-scheme

Picture seems encouraging

Yesterday seemed a good entry point for a dabble. Tucked a few into elder sons SIPP.

At the moment 3i is a hybrid Supermarket Chain with a few "unconnected" satellite businesses in the background. Makes good sense if there is a recession and Consumer Staples were required. Yes, I forecast a recession but Action is not really likely to be defensive in nature.

Investing is not a race and prices rise and fall. Sadly, the UK has had lousy Government in office for the lwhole of this century. It is showing no signs of improvement without a defined strategy conveyed to the General Public and demonstrable in its success.

Paultokyo29, this might seem patronising, but a month is not very much in terms of investor horizon. With retirement beckoning for me in the autumn, I have increased my exposure to risk because I fully expect to live for another 25 years and my wife for another 30. AZN is one of the UK's most valuable companies (£234bn market cap). Global oncology, cardiovascular and respiratory pipeline. $50bn US investment commitment securing tariff reprieve. Consistent earnings growth. All-cycle compounder. It is not a get rich quick holding, it is dull and investors mostly like dull. (Well, this investor does is my logic).

Anyway, having started my children (now adults) off with both ISA and SIPP accounts that I have managed (and still do) the prospects ahead that AI provides are huge. And so, in my stumbling way, so I have begun to use GPT and Claude to build the documents and spreadsheets necessary for a portfolio which is constructed to out perform the market (S&P 500 is the base at 11.8%) with the minimal of research, or effort to manage.

I've come up with a "Financial Universe" that is clearly defined with 50 holdings. No single holding should exceed 8%, no bargain executed under £1,000, a minimum 1% to be held in each as a base regardeless of either conviction or sentiment. There are some direct holdings in US companies such as Nvidia, Amazon, John Deere for instance and included in UK equities is AZN for the reasons above. After that there is exposure to Asia through Investment Trusts as well as themes such as Insurance, defence, industrials, pharmaceticals and geographies to have growth from emerging markets.

All sectors are designed to allow for rotation subject to the caveats above. A simple checklist to go through their portfolio once each month taking about an hour is sufficient to manage and identify 3 - 5 companies to make adjustment. A quarterly review to take about 3 hours is again enough.

The only thing that I have not yet built is the "agent" to trawl through the LSE with the sole purpose to find the 3 missing slots, the "hidden gems". I intend to do that in Python and pull the information from Google Finance or another free API.

Oh, and I added 10 shares for elder son to start the ball rolling for him today in his SIPP.

You have done rather better than me..... Originally bought shares for my wife at 671p and all in her ISA. That was in 2012, I think.

This is a bit like 2 bald men arguing over a comb.

I bought a few shares for elder son in his ISA this morning. Seemed a good entry point to me.

Https://www.londonstockexchange.com/news-article/III/results-for-the-year-to-31-march-2026/17591222

Run your profits.

But hey, I'm not qualified to give investment advice so ignore me and pretend I am of diminished responsibility

Https://www.londonstockexchange.com/stock/HPOW/h-power-plc/company-page

Added a chunk in my wife's ISA at the end of April.

I have bought a few shares today for elder son in his ISA. time will determine the wisdom or folly of this decision

Have bought a handful of shares for elder son in his ISA today. Time will determine whether beneficial or not.

Not sure why tomorrow will reveal anything. The rule of thumb which I use is that the average investor with average markets and re-investing profits and dividends as their portfolio builds, is dran against and eventually passes to their heirs should see their capital at risk double every 10 years (this implies growth rate of 8.5% compound). AFC, for me is one of the drags on my portfolio performance but might be an accellerant in the future.

Time and facts determine outcome not hypothesis and opinion.