Member Info for Alas_Smith

The mantra from yesteryear notes to buy the rumour and sell the news. Nat West (in which I have some skin) is a great example where very decent results were expected (and the share price rose) and were delivered. At which point the price collapsed a full 6% over the day.

FWIW, I would not be surprised if we see the same with RIO. It is a great company, results are expected to show improvement on most metrics and the SP has been rising. Perfect opportunity when results are published in a few days to sell with the news but add withe rumour.

The next price point rumour, of course, is once analysts have been through the numbers, made comparion with peers, intruduce the veneer of geo-politics and come up with a new range of targets. The new numbers become the new rumour. The cycle has adjusted and perpetuates

https://www.lse.co.uk/news/in-brief-augmentum-fintech-notes-natwest-purchase-of-stake-in-cushon-dx6vqi0qpyg8pok.html

A little something to allow analysts to dust off their slide rules

Max111, your “daily” publishing of commodity prices might benefit those with a highly focussed short term perspective. For those of us that might have a holding that is part of a diverse portfolio, the nuances of a few cents here and there are meaningless.
In the old days (30 or 40 years ago), I used to go to shareholder meetings not mainly because I owned shares in that enterprise or could rely on a decent kunch, but to discover more abiut its rivals. Should I ditch Shell in favour of BP. I only started to invest in RIO a couple of years after my investment in the belt maker Fenner was realised at a decent profit.
It is not my style to only invest in 4 or 5 investments . Would need to have a very close eye on a few hundred others and be utterly reliant on AI to make decisions rather than human understanding of geo-politics, real people that are in senior manager roles etc

My rationale for buying shares was that inflation although falling will mean that those who have any need whatsoever to borrow money or purchase goods on a basis other than payment at the point of supply a decision will be made on the security that dealing with that individual or busines each and every time.

Therefore credit reference agencies will potentially have increasing revenues which shoulod directly impact the profits

I'm still here Uncle_Doug. My buy this morning is incorrectly marked as a sell in the trade data - all comes down to how the software interprets bargains executed.

Time will determine if my purchase yesterday was about right. I invest for capital appreciation and any dividends thrown off are a bonus.

Hopefully my purchase yesterday will be beneficial.

Although I think that this acquisition is a good fit, more important that the wider investment community approves.

Good luck with your decision. Over the weekend, something as innocent as a balloon caused me to take 80% off my holding yesterday to bank a very decent profit. Yes, I remain invested albeit at a reduced extent and am looking to add to my holding and average up. Buy the rumour and sell the facts is as good a reason that I can attribute to what is going to happen in terms of there being a financial update, but on this occasion, there is the unknown impact that cancelling a diplomatic visit will have.

Investing is not finite. The race can be joined at any time - in this case, think of it as a rain stopped play, which as a side benefit allows me to have a stretch of legs, catch up on things that had been neglected before MY game restarts.

Have added a few today in my ISA. 2023 has got off to a brisk start despite the hardships faced by many.

I’ve been following this for many months and, after taking some profits today in PRU have dipped a toe in with a buy this morning for elder son whose SIPP I look after. I like to average up and time will reveal the wisdom or folly of todays decision.

As the price rises, Andreas40, so it becomes more attractive to sell. In the early days of stock markets the term given to buyers was "speculator". With the changes witnessed in the last 30 years, retail and institutional investors can draw on the same information but have different tools that they can use to help them to predict the future market capitalisation which each equity holds. We have seen this last few days how quickly share prices rise. I do not like being out of the market but have taken many bloody noses in the past and doubtless more in the future

It is always heartening to welcome new investors and I'd like to wish good fortune to RonR with his confidence with his investment in AZN. Trying to time the market is a mugs game; the biggest risk is being out of the market. FWIW, my first investments were made in 1979 and to put this in perspective the Stock Exchange doubled in 1975n in just 3 months; in March 2009 the NASDAQ rose 50% in 3 months and doubled in 3 years following the financial crash.

Time will determine if our decisions were wise.

Well, my hunch that shares for the bold investors remaining in October would perhaps be worth accumulating has, for me paid off and the tide seems to have turned. HOWEVER, recent news is not completely ticketty-boo as there are some headwinds.

For my own portfolio, well, 2023 has got off to a cracking start and I have recovered a quarter of the losses suffered in 2022 already. I am not convinced that SYNT will have a stellar rise through February and March so although I am happy to run profits, I am looking for a replacement in this sector to out perform.

This is not any sort of advice or guidance for others simply the musings of a doddery bloke seeking to ensure that portfolio grows sufficiently to last through retirement and gift capital from time to time to my children. My long term growth (since 1978) has been 13.5% compound with better years seeing growth exceeding 35% and the worst had a decline of 71%. (Eggs and basket days when I got a bit c0cky in the 1980's). Last year saw a drop of 22%

Steph, the companies with the greatest growth potential generally are tarnished with the greatest risk so any whiff of a down turn, then the appetite for risk takers to invest goes out of the window.

Investors are emerging from a bear market. The bear market lasted about 11 months and if history is repeated, to recover the lost ground takes around double the time things took to fall. But, there will be some companies whose speed of recovery will be far quicker. Maybe GROW will be one.

FWIW, I am expecting growth of 18% or more from my portfolio this year. January has started things off well and as Wall Street notes so goes January so goes the year

…. so goes the year.

And, like it or not, the maxims from Wall Street and the City are right more often that wrong. Right now, I am almost fully invested and need to keep a little back to max out ISA holdings in April.

With Chinas recent reverse of Covid strategy, I feel that this augers well for another 3 years holding RIO and enjoying the mining super-cycle that investors noted a few years ago. Of course there will be down days and perhaps some sharp movements. I will next comment on this board when I begin to reduce my holding.

Good luck to all.

For the most part it is used as a drilling fluid

ggrantsu, if it is of any consolation, I have lost count of the number of times that I have dithered and wanted to buy when a quoted business is at depressed level and seems to stay bobbing along for weeks on end only to find the price rocket. A further consolation is to follow the classic rules to run profits.

Sadly, I remain obstinate in not taking losses sooner. This failure is generally more costly than accepting the loss and seeking to make good with another holding. Gains are seldom made by continuing to invest in the same companies that caused the loss in the first place, the moral being not to chase losers with fresh money.

You contribution has all the hallmarks of scaremongering. Vaccines have saved countless millions of lives beginning from those launched by Jenner.

I have no problem whatsoever with bad news or that I might have invested in a duffer (I am no stranger to picking lemons) as i tend to pay greater heed to those with a different view from mine. Without facts to support your contention, I shall ignore you and add you to those that I have filtered. Should compelling evidence emerge that my decision is incorrect and that I may have tarnished your reputation in some way, please accept my apology.

Never wrong to bank a profit. Delighted that you have done so well. I hope that your good fortune is repeated often.