The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
https://businesssupport.blog.gov.uk/2020/05/14/aston-martin-lagonda-working-safely/
https://www.google.com/amp/s/www.motor1.com/news/424904/geely-chairman-deeper-ties-daimler/amp/
https://www.smmt.co.uk/ last post for me till Tuesday, enjoy the break!
I hope for showroom update today, but we will see.
Gaydon unknown I think 8 weeks, prob's monitoring dbx factory before taking the plunge, putting all their eggs in one important basket!
DBX all going to plan as far as I'm aware!
Make no mistake, the auto industry is waking up! Decreased volumes for June, but the only way is up!
Jimjam, im certainly not going to advise you to buy or not to buy. Everyone has to make their own mind up. Like I said, my investment is money I can lose, I've been clear about this being a gamble. I'm happy to go for the risk. I'm confident but only based on my own interpretations which maybe highly flawed!
This is very true, I am only here because I got in at a low price. I haven't bet the farm, it's just a bit of fun, but I have been in shares where I've seen a 300% increase in the first ten minutes of the market opening and cashed out massively only to watch the price plunge and creep down for years until going out of business. I have also been in shares that have done nothing but grow for 2 or 3 years. I once cut my losses after reading an article about the infrastructure of a state being so poor that there wasn't really a valid route to port, the company went out of business 2 weeks later. It's always a gamble, you have to trust your own instincts......gamble but know when to get out and move on. I think their is life here yet, i know its risky but i haven't bet the farm so I'm happy to take that risk and lose most of money if that happens. I know if the industry recovers I will be rolling in cash. It's worth the risk.
I liken it to playing poker. I have a stack. I have a basic knowledge of the fundamentals. I play relative to my stack. I chose shares where my knowledge of an industry gives me an edge. I understand i have to take risks. At any minute i could get beaten by a surprise hand. But i can recover due to bankroll management.