Member Info for bewareshadows

Not an average down, my average was 530. Had some pfc dividends and other cash. Was going to wait till June. But think this oil drop is over played. Only a hunch, but happy to add more at these prices

I'll buy that for a dollar. Added some more today, little over priced at 548 but calling the bottom on any given day is an impossible task. Added some BT too, so lots of income and growth potential across the board today

Meh, nothing to dramatic. As rothchild said. the time to buy is when there's blood in the streets.

Damn 500p. Now that has to hurt. But not many people can anticipate a game changer like a banking crash. That would take some averaging down to recover.

No it doesn't. I never take notice of the 700, 800 here we come posts. That is not a basis for investment. Its all about time, you seem to want a rise straight away. That may not be day trading but its still short term. I post some weeks back that long term it was a good buy. Medium term you might make a little money, short term its a 50/50 call whether to put more money in with oil at a peak. You yourself said I'm out at 650 it hit that figure at least twice. Now for me even I was tempted to hit sell at 630 but I decided to hold. So it's dropped, does not change my mind. I'm still holding for 3 years and the target is double your money. If it doubles in less then I'll review whether I should sell and move on. If it fell off a cliff to 400 I'd be loading up with more shares. Most importantly this is only one of many holdings, so fluctuations don't bother me so much. I've been stuck in lloyds for years since investing at 85p only for it to never go near again. But it's not a loss until I sell. So I wait pick up 4% in dividends each year and occasionally average down. I'm not far off breaking even on the capital and my money has earned 4 times what it would in a cash isa. Its all about time and diversification when investing as opposed to trading.

The not *they* Ironic.

The reason we all spell ghost they way we do it due to a spelling mistake. Shakespeare one of the greatest literary figures of all time spelt his own name different ways. Language is fluid. Text speak will be adopted and amalgamated. What you call correct could easily be outdated and dead.

Ifonly, do you go all in on one share? Its great if you find a winner, but if it drops how long can you leave the money in play? I'm very diversified so if this dropped to 300 tomorrow I could bottom draw it for 5 years and focus on other investments. Like I say it limits the upside too, but you worry less on the down days.

If this keeps dropping I'm definitely going to add more in June. Its already hit the 650 level a couple of times in recent weeks. Will keep my current holding long term 2 or 3 years, but very willing to buy some more stock for trading purposes.

Yes but they did this a month ago until everyone cottoned on and started buying later in the day.

When comparing it's always best to look at a range of measures Rough figures 1 Year WG -10% PFC +50% 6 months WG -5% PFC +30% 1 month WG +20% PFC -8% 1 Week WG -1% PFC -9% So saying this is a rubbish share is not entirely true. It's not had a great month but over the year its been cracking

As we are all throwing our own views in this is mine. 650 was a pretty good sp figure. Since the 15/02/2018 this share has risen over 50% from 407p to 600p. Yes I know that the SFO hit PFC down hard for me that rise came on the back of the already declared 1.7B worth of contracts. It pumped renewed confidence that what ever the fall out of the SFO this company would continue to perform in line with previous years. I'm very much of the same view, but I am also aware that confidence is fragile and the bond issue is a negative. Now yes Oil has increased in value but PFC benefits from long term high oil prices, so the day to day ups and downs in oil will have something of a lag and will not be as linked to the SP as it would be for companies like Shell and BP. The bond issue is a short term effect but has more impact than an oil price that could move up and down before any contracts are signed. Looking at the charts this share is definitely recovering, but I would not be shocked to see it hit the mid 500's again without new positive news on contracts rather than just reflecting on what has already been won. I'm very tempted to top up at the moment but I'm not going to rush anything. I should have new funds come June so will check the charts and if it's floating around between 550-580 then I will probably add some more to my current holding. I would hope for 700 by the end of the year, but 650 will do me fine. Long way to go to full recovery.

Not kicking myself yet, but a good turn of events for rrl holders. Still some way to go but wishing you well.

Well at long last my gsk shares seem to be breaking even. A very nice feeling it is too.

Looks like there will still be some value opportunities moving forwards. I need to eek a few more percent out of lloyds and then might sell and add some here if it maintains this level.

Abzzba You are right the year previously it did not rise either. However, it started to recover around the start of the following month. This could be because dividend reinvestment does not always happen on pay day. It tends to be delayed. HL do it on or after the 10th of the month. The rise seems fairly smallish and I would not be able to say what other events occured around the same period. I do like the SP guesses, they are a bit of fun. I'll go for 630p by the end of the week. No reason just a guess.

But surely that's the point of business. A large capital investment with the aim of generating a return on investment. Do you feel the cruise ship business is the wrong way to go? If the debt is a one off purchase used to generate revenue then for me that is positive debt. If they are borrowing to pay dividends or to pay back other loans that is a bad spiral.

No bidders, who would have the cash to buy? We need more contracts, they could be next week or in 5 months time. Its all about waiting.

It has been a while since we had a contract announcement worthy or a RNS. With the failed bond issue that provides enough of a pause to stop people buying at the higher end. Of course the still waters of RNS does not mean that PFC are not paddling like crazy beneath the surface on some big contracts. For many investors this is very much a confidence stock at the moment. The end of year has now passed some months ago and investors want to know what will maintain or grow their investment. The bond failure probably means more money short term will have to be used to pay that bond and that means less money to invest or pay dividends. But longer term it should provide better returns as the debt will be gone.

And there you go. Cumulative buys and the price is back to were it was.