Member Info for Alas_Smith

Perhaps Stockready1 you will recall that "Barnet" had a bit of a chip on his shoulder for making decisions as a wannabe trader getting on for a year ago. Many offers of advice were forthcoming but my hunch is that they were ignored.

There is a whopping chasm between "traders" and "investors" and probably volumes can be written exploring the differences and as many, the similarities. Both want the same thing - to enrich themselves through risk of capital, though the timescale and approach is very different.

Historically, broad wealth has grown but there have been casualties along the way. We see this all around us all the time - company fortunes rise and fall. Marconi is a good example - a pioneer in the 19th century and grew to become a giant over the next 100 years. And despite the business collapsing through poor management, the sector evolves and now dominates our world.

Traders have short term perspective whereas investors tend to be patient.

This month has been a horror (for me) and not unlike that in Feb/March 2020. The same similarity in terms of cash wiped off wealth presents itself but from March 2020 as I expect will happen at some point in 2022, markets recovered. For myself from 1 Jan 2020 to 31 Dec, the uplift to my portfolio as a whole was over 20% but it that single 4 week period it dropped 39%.

Currently January for me has seen my paper wealth fall by over 14% and were I a trader I would probably have liquidated everything by now. I am though, and investor and take these falls on the nose or chin as they come along. Occasionally I am able to chuck some cash into the ring and take advantage and on other times I cannot. My hunch is that markets will return to growth but growth might be a little different from the path that I discerned to form my portfolio as it currently is shaped.

Traders should (theoretically) be in front of the curve and have precision in timing. All through last year there was whisper of inflation but the focus quite properly was rolling out vaccine to ensure that populations are not decimated and that economies continue.

FWIW, I do not believe that Barnet is anything other than very amateur and has gone into a knife fight with a pea shooter and though he is inarticulate (probably that English is not his first language), he has neither made sufficient research nor has sufficient capital to be able to withstand any economic shock. In short, one of the 76% or whatever the figures claimed these days by CFD providers that have got it wrong.

Paper changes in wealth are meaningless.

I simply have not the faintest idea what you are writing about, but you allude to conjoin me,CDF1 Sue Gray and another as being some sort of peddler of untruth. I am thus reporting you for making libellous comment and taking advantage of the filter facility with immediate effect.

Share prices rise and fall. Neither, frankly, are important until it comes to the point of selling. FWIW, I believe that the mining sector is set for a VERY, VERY long term sustained rise in share prices. Minnows may in the short term do better, but will, as history will repeat itself, be swallowed up by the giants.

F

Nick-Bris, NASDAQ has been heavily sold off and is in correction territory, Ukraine concerns with troops at border and the impact that distruption to energy in Germany. FWIW, I have taken the opportunity to add shares in THRG and IGC this morning to elder sons ISA. THRG is an extremely well managed trust that has considerable exposure to some hammered NASDAQ holdings that will in time recover. IGC has the potential for consumer led recovery to enjoy the trappings from consumerism that have fuelled markets in the West for a decade or so.

To finance these, his holding in AXI was sold. AXI is very much a slow burner that provides stability in a falling market and useful qtrly dividends in all markets. Its SP was largely unaffected in Jan sell off.

Not investment advice, of course.

Just wondering if it is safe to take flak jacket off yet..... Yesterday was pretty brutal.

The last 18 months have been pretty testing as far as my portfolio has fared. Tug of war between value & growth.

This article caught my eye https://am.jpmorgan.com/content/dam/jpm-am-aem/global/en/insights/market-insights/guide-to-the-markets/mi-guide-to-the-markets-us.pdf

A Golden Cross is a VERY bullish technical indicator. The nuts and bolts are that both the 50 day Moving Average (MA) and the 200 day MA are rising AND in an upward trend. The 50 day MA crosses through the 200 day line and the implication is that the trend will continue for many weeks, usually months, but sometimes, years.

In the past when I "contributed" on a rival site as Erogenous Jones, there was a thread that followed Golden Crosses, though mainly from the micro cap perspective. IMO, for the small and microcap company, Technical Analysis is close to useless, BUT for the largest companies in the world (and RIO is in such category), TA is a useful guide for the broad guidence that TA evokes.

Nasdaq (where I have a very substantial element of my portfolio invested) appears to be in a state of correction. The next largest "wodge" is invested in domestic, European and Emerging Market small companies. I continue to build my exposure to "value" holdings. RIO falls into such category.

This is not investment advice, simply musings from the old, bald and probably, bitter, bloke. FWIW, my portfolio is down the equivalent of 4 years salary this year so not the best of starts!

You are quite correct, IMO. As RIO now own a lot of land in Serbia that may in future be mined, so it will become (potentially) more valuable. There is an election scheduled soon and local tempers need ro be eliminated if the current Government want to garner support.

Election over….. tennis playing resumes and Covid 19 transitions to endemic status. Less developed nations hold the key to liberty from disease so the quicker that vaccine rollout to protect 80% world, the sooner that herd immunity will be able to ouve normally. This might rake another 3 years, allow gor 6 months cooling off and talks to invest in mining will resume. Serbia will be changed as will political opinion

A minor setback of perhaps 5 years. Might have a small impact to the SP tomorrow, but no biggie as far as I am concerned.

FWIW, I dn’t think it is helpful to get hung up on a particular price but instead work out where your holding fits within the portfolio that you own or are building. At the point when considering change to portfolio, be quick to sell losers add to winners but always ask yourself whether there is ancomelling reason to be exposed to each equity in your portfolio

opunlentia - Berenberg have target 5700p, RBC, 5200p and Bank of America 6200p

https://www.lse.co.uk/news/RIO/berenberg-raises-target-price-on-rio-tinto-ktds2xiyeatvgc6.html

Broker targets are rather more important than the amateur punter such as self but there are some that (for me) carry more weight than others. Goldman Sachs have extremely competent research teams working behind the scenes and I place a lot of credence on their notes. I pay little attention to Panmure Gordon through bitter experience.

The RNS issued last June, gives a rough timeline for State by State regulation as end of June 2022

https://www.lse.co.uk/rns/TSTL/regulatory-approval-for-epa-canada-south-korea-o8zrq3x49cax9tb.html

Once approval is in place then it is possible for distribution deals and partnerships in place to translate into sales.

My only commercial dealings with America took 4 years to negotiate and resulted in a massive order that I was unable to fulfil as it was received a month after I had ceased trading. The irony was that I had found new employment for all my staff and it was a very rewarding feeling to assure their new employer of this additional work as I gifted the order to them.

There should be a little more flesh on the bones on Monday when the next trading update from RIO is expected to be published

2x turnover is quite a handsome price to pay, IMO. With new information, investors can run a slide rule over things. My hunch is that the price paid is too much so the SP will fall further (3 months), but that the synergy from additional arrow in quiver will benefit the overall business on a longer time frame (5 years).

Tristel PLC is a £230m UK AIM-listed manufacturer of infection prevention, contamination control and hygiene products with a consistent record of revenue, profit and dividend growth. It is one of only a few businesses worldwide that specialises in infection prevention by using Chlorine Dioxide. This is an oxidising agent which destroys unwanted organisms, as opposed to poisoning them, like a traditional cleanser such as Dettol. Its products have 265 patents (as at dec 2020) protecting them and are now used for invasive surgical treatments where traditional sterilisation techniques are just not as effective. The Tristel story began in 1993 when the founding shareholders developed a proprietary chlorine dioxide formulation to be used for the disinfection of flexible endoscopes to replace glutaraldehyde, which was at the time used worldwide for the disinfection of heat-sensitive medical instruments, but was known to be toxic. In 2012 Tristel created its Anistel brand for the animal healthcare market and commenced the manufacture and sale of contamination control products under the Crystel brand for the pharmaceutical and personal care industry. The Group’s most recent major new product initiative is to enter the global hospital surface disinfection marketplace with its Cache Collection. Tristel is now a global business with the US market on its radar where it is in the process of going through the various regulatory hoops for approval. This would be a game changer for the business in terms of scale. It operates with a strong balance sheet which holds net cash, high operating margins, and a royalty model means it has low operating expenses.

For myself, I have a decent exposure to Fintech - Adyen, Boku, Augmentum in portfolio, plus, no doubt a few investment trusts that have small exposure.

ojogger, I am not an employee of Gatemore. I am the Co Secretary for our tiny company in Mid Wales. I note that the company has failed to deliver its accounts and faces a technical suspension. In my experience, this is very bad for shareholders indeed and the longer that this goes on the greater the penalty that shareholders tend to suffer.

The last time that this happenned to me was in the matter of a company called Graphene Nanochem. The shares were re-listed for a couple of days (and I took opportunity to sell for a 90% loss) before being suspended again. The company was eventually de-listed. I filed complaint with FCA as the multiple RNS statements issued to detail an order here or there, approval of contract for good measure, new deployment in new field as a revenue arm, partnerships and agreements left right and centre in previous years did not generate a single penny by way of turnover and I concluded were totally bogus. What a surprise when the company managers were based in Malaysia that they simply failed to reply to correspondence and the Nomad eventually deserted them. Complaint was also made of the behaviour of the Nomad.

And, although this should not be as ghastly a scenario, my hunch is that as DX have lost small accounts such as mine, others to my certain knowledge for similar reason (stock evaporation (theft), failure to deliver within time scale, never returning goods that were purportedly not delivered, breakdown in the IT side, failing to integrate orders placed electronically with collection etc), I reckon that the figures are likely to be terrible. Either the Managers are looking to disguise things or wish to put as much as they can into the bad news, award themselves a tidy foundation for options (based on the eventual price that the MK falls to) and leech investors for cash to expand.

Of course, I am sceptical, but as the company is a very different beast from its original guise (serving solicitors with paperwork that required ink signatures) to parcels and freight courier, it is ill equipped and floundering.

I hope I am wrong, but it is my reading of the tea leaves and having never owned shares in this outfit, nor for that matter ever sold short, it is not one managed by persons that I trust or find trustworthy. Bon chance.

Hi, Fariy1. XDWE were purchased on 21 December in my ISA. My portfolio is structured for capital growth with my tolerence to risk set as HIGH. The S&P500 Equal Weight ETF is calculated in US$ and tracks 505 large cap US equity shares trading on US stock exchanges, but rather than weighting them based on their market value, this index is equal weighted so each holding, at rebalance, will have a weighting of approximately 0.2%. The index was first launched on 8th January 2003, however the base date goes back to 29th December 1989. While many of the companies in the index may be household names, broad popular familiarity is not a requirement. That means that the index also includes lesser-known companies, so long as they meet the criteria for index inclusion. To be eligible for S&P 500 index inclusion, a company should be a US company, have a market capitalization of at least $9.8bn, be highly liquid, have a public float of at least 50% of its shares outstanding and its most recent earnings for the previous year must be positive. The consequence of this is that this index ensures investors are not overexposed to a popular investment theme which may be dominant in markets. A sense of balance is maintained. At present, there is a natural concentration in most indices of technology shares – this ETF overcomes that bias.

As you know, technology and pharmaceuticals have become a little frothy (I hold NVDA, ADBE, Elekta, UNH, DRDR, ILMN, ATT, TMO and ZTS so am well exposed to these sectors) and although I am sure that they will writhe for a few weeks, are core componants for my portfolio for a few years to come.

Please ensure that you undertake your own research whenever making any investment decision. I am not qualified to give any investment advice, besides, just treat anything that is written on a public board with the same contempt as advice from a bloke in the pub.

Good luck in your decision. I do not currently own any shares in Pensana; I have started to look at their balance sheet and their management. If I decide to buy shares, my typical dealing amount is £10,000 rounded up or down to nearest sensible number. Adyen, for instance when I purchased shares was 30 - I now have just 10. RIO was an initial 300 shares and is now 337, but I will need to bring it up to 400 (at current price) to have it represent 2% my portfolio. BUT, January is always an expensive month for me with Feb not much better as I take family skiing so I will probably just add 10 shares each month as dividends are generated from time to time

Soothing words from Powell yesterday. Co-incidentally my buy order was dealt too.

AndyMcChad, another miner that might be worth looking at is Pensana (PRE) which has interest in rare earths in Angola.