Member Info for AllAtSea

Get ready! We may see mid to low 500s next week.

Just got in at 577. Thanks, yanks.
Of course it will go lower ..

Just got in at 577. Thanks, yanks. Of course it will go lower ..

In March 2020 I lost faith and sold a considerable holding in POLR, taking a painful loss which I managed to offset with profits on an SGRO buy.

This time I am sitting tight, partly because I can't see a better opportunity elsewhere and partly because I strongly agree the drop is an "overreaction to tech sell off". I think the sell off may continue but tomorrow after the US has had time to wake up and drop the price again, I might top up my holding. Or I might wait till next week. The figures suggest this stock is very cheap.

Of course it is not just ULVR that is going to have to raise prices. And such a large company should be able to use the economies of scale that smaller competitors do not have - if the management are any good.

Tesco IT system down today. Mice?

Ironic that a labour shortage should be blamed for problems at a company specialising in robotic stock-picking but that's what they say - a shortage of drivers, however. What could be causing that? Weird times.

At the moment, all my winners are value stocks, making profits and paying dividends. The brave thing to do would be to sell them and buy unpopular risky growth stocks but I am not that brave.. I'll just hang on in here with what I have got.

Today:
"Diploma is a key industrial play, says Berenberg
Industrial machinery group Diploma (DPLM) reported a record 2021 and Berenberg believes it can deliver more this year.

Analyst Joseph Bloomfield retained his ‘buy’ recommendation and increased the target price from £31.50 to £32 on the stock, which closed down 2.5% at £27.74 on Friday.

The group reported a record 2021, with revenue up 46% year-on-year and 2022 has ‘started strongly for the company too’ with first-quarter revenue growth of 16% and operating margin guidance of 18-19% maintained despite inflationary pressures.

‘While management is guiding to first half-weighted growth for 2022, we expect the demand outlook to remain bright throughout the year,’ said Bloomfield.

‘We continue to view Diploma as a key “buy” idea in the UK industrials sector, with the shares down by 22% from highs, trading on 29x 2023 earnings.’"

Went for it. I like the news late last year that MNG got the green light to sell legacy assets for >£10bn after it was initially blocked. Price is now 70p over my average sp but MNG but the management look competent and ambitious IMO.

It's the best ship on my horizon; I'd really like to buy more but I reached my ceiling and it would spoil my average sp too.
But I am going to anyway..

Has Tesco lost its way? Did they seriously think they could half-heartedly take on Aldi, Lidl at their own game?

The exceptionally low P/E ratio suggests that a certain amount of risk has been priced in. Quite a lot of risk. The management are also aware that they can’t afford to look like a one-truck pony and are diversifying.

Agree that 2022 is a bit of a darkened room at the moment and no sign of the lights being turned on but business will go on.

Trian expected to revive its P&G playbook with Unilever

https://finance.yahoo.com/amphtml/news/trian-expected-revive-p-g-143520754.html

Bought more at 653. Bargain basement.

It’s a bloodbath but not just for AHT. My portfolio looks pretty sick. Sold my last AHT first thing and have some cash waiting for a home. Mustn’t rush in too soon..

Oh, I expect they will..

I too rebuilt my holding on Friday at what I hope is a good entry point, i.e. just after the mgt got ticked off big time. More of the same won't hurt.

Dumped half yesterday while still in profit. I don't see the USA as having the stability it had a few years back, it's a global problem. Investors are heading for the hills. NFTs anyone? Seriously?

Yes, sold a large chunk of ULVR just over a month ago and sold a chunk of GSK 2 days ago.

Me, I am like a stopped clock, right twice a day.

The problem is that Unilever is being run partly as a business and partly as an organisation to save the world. Only Bill Gates can save the world, apparently.