In the long term you are absolutely right of course.
In the short term it just seems annoying,....could have bought 10% more share if only I'd waited a couple of hours. Such is the roller-coaster of investing in this market!
Yep I feel cheated by the shenanigans today.
On the back of the news and the euphoria here and on ADVFN, I bought these in my ISA and my child's ISA this morning at over 13p. Can hardly belive my eyes to see it now under 12p and down significantly on the day. I mean WTF, can that really have been worse-than expected news today?!
Thank you kindly for the response Bedone. I've take an look but you're right RMM is not really my thing; miners are just way too volatile for my liking.
Howver, I'm going to return the favour to you, and anyone else reading, as I have a tip of my own to give today. It's a share that has mult-bagging potentrial that could put ARW to shame!! That share is Cap-XX Limited (CPX), which in an RNS this morning announced:
“The Board is also pleased to announce that CAP-XX is now an approved supplier to a global smart phone manufacturer and separately has commenced the formal process to become an accredited supplier to a global Automotive Tier 1 Component Supplier”
This share already had massive potential (by way of example, they are currently suing Tesla for copyright infringement) but today's announcement is a masive game changer. Trading at just 13p and HUGE upside potential from here. :)
Gents, after selling up this morning, I now have a chunky pile of cash sitting in my portfolio, waiting to be invested somewhere.
Clearly anyone invested here must be pretty smart to have picked this gem out, especially when its a company thats under the radar of most investors. So, clever folks, would any of you be able to offer any tips for any other undervalued companies I could look at moving my cash into?
Cheers in advance
I’m writing this as I say a fond farewell to my investments in Arrow Global Group
Originally bought in at 80p, this has been probably the best share I’ve ever owned. It’s been with a certain sadness that I’ve sold out today.
The reason? Well at c295p this share has reached my goal of matching the pre-pandemic price from February last year and the profits I was sitting on became too great not to take.
I still think this s a fabulous company to invest in and the sp will probably break 300p at some point soon. But a profits a profit and it was time to take mine. I will buy back again if we see a significant dip. Good luck all those still here :)
Wouldn’t it be lovely if only we knew where the bottom was going to land !
I got distracted by work this afternoon, otherwise would probably have bought a few TSL for my ISA as well as the SIPP where the 69p purchase went..
Yup I use Interactive Investor too, paying £3.99 per trade. Am generally quite happy with them.
Did you get your order through?
I had no problem with mine. Bought £10k worth at 68.9p. Having watched these go up to high 80s, happy to be buying in under 70p now. Based on reading through the views of surprised and others, the drop looks overdone.
Another fantastic set of results - Well dome Arrow!
This is the best performing share in my portfolio and still it has excellent prospects for future growth. Brilliant investment :)
Yep good to see it start moving in the right direction - finally!
I believe most shares will return to their pre-covid levels sometime in 2021 once life gets back to normality
So am working on the assumption MNZS will hit 400p next year. IF they actually come out of this stronger than they were before (which looks a real possibility) 500p+ could be on the cards going into 2022.
Outstanding resukts, well played Arrow!
Good to see they are still bullish about future opportunities too. Won't be long before we're back ahead of the pre-covid price.
Very nice to see the 25% rise today.
Just another + 200% from here and we’ll be knocking on the door of the pre-COVID price again :)
Its's funny, I was thinking to myself over the weekend, how holding the likes of PTRO, TPG, ALM, CPX, KMK had not been working out so well with my other FTSE-based stock slections making gains over the last few days not shared with these AIM stocks. I looked at the AIM Index and saw its already back to where it started the year, whereas FTSE is stil lagging well behind, meaning there's a large upside to come, just to get back to where she bgan the year (which will inevitably happen given enough time)
THEN the news today....and I see a sea of green across my portfolio, 5%, 10%, 20% gains standard against my portfolio, which is largely built on stocks I saw as having great recovery protential.
Look down to the bottom of the list and ALL of these AIM picks are showing red. I mean seriously, if not a single one can make gains on a day like today, why am I holding them? I think I've made a pretty big mistake getting involved in these shares, which are just a drag on my main portfolio of recovery plays! Even AFTER today, the FTSE still has 20% to go to get to where she started the year. That IMO is the place to be at the moment, not messing round with the AIM - which has already made a full recovery back to and over its Jan position.
Thank you for the response surprised. It was good to see most things going back in the right direction on Friday, especially TPG.
Agree it’s the downwards markets which provide the greatest test of investor resolve. These are particularly scary times when you consider the scale of losses that were incurred in the 3 weeks from 21 feb to around 13th March - a period that saw my (then) brand new portfolio lose a whopping 33%. In those dark days I acted like a rabbit in the headlights and didn’t do anything to stop my loses until it was far too late.
Since then, I’ve clawed back to profitability but it’s been a challenge to maintain mental strength and not want to sell up every there’s a few consecutive bad days.. I agree now is the right time to hold ones nerve but with the volatility we’ve seen this year, it can be hard not to act on the emotions that red days bring. Think I’m getting better at it. Slowly.
Sadly PTRO is the only one of my "surprised" tips to still (just) be in the gree so don't think I'm going to be making any donations any time soon! Full portfolio is:
PTRO +3%
KMK (break even)
ALM -6%
CPX -10%
TPG -30% (!)
I gues it could be worse given the general market malaise but that TPG one sticks out as the worst perfomring share in my whole portfilio, and that's after holding for just a couple of weeks. Not sure whether to continue holding everything or to bail on any of them before a further lockdown potentially gets announced?
I've followed Surprised into here :-)
Good luck everybody!
As advised yesterday, I bought @257p, then doubled up this morning when it dipped below 230p (had to be fast).
Still great value and 50% rise here on the cards, just to get back to previous high
Well gents I'm back in here using some of the profits made on the rise from 210p - 390p.
I 've been watching with interest today and told myslef if it made it below 260p i would buy back in, so i did at 257p
I think it could easily fall further (we hit £2 before so no reason it can't go there again) but calling the bottom is so difficult. My strategy,however, is clear. If we rise from here all well and good, but if we drop another 10% from here to below 230p then I double my stake. This way, I'm knid of indifferent whether it goes up or down in the short term. Long term i see this heading back to hit 400p again once the press gets bored and all this nonsense blows over.