Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Rockon , I have several small holdings that i spread about for safety. I'll put a couple of thousand in most but restrict to £1k if i consider them to be more risky. I thought AML was very risky but couldn't resist it after researching. I've done very well on them up to now, effectively turning £800 into a current paper value of £2,800. Can't believe how well they've done but intend to keep for a few years ( If i can resist pressure/temptations). I almost sold when they quickly dropped from £20+ to just over £16 but managed to hold on. Good luck with your decisions !
I hold a small number of shares currently showing good 40% paper profit. Just topped up as i want a slightly larger holding in case the general market decides to mark everything up at some point due to assessing been nearer to another step to normality. When these things happen it's usually a sudden jump one way or another and easy to miss out on. I still think these should be ok long term even if this hoped for jump up wasn't to happen.
I find i do better on the buying and usually when i get the selling badly wrong it's by selling too early. I often find i do this if i've been well down on a share that recovers. You're so relieved to recover all or most of the paper loss that you sell. The share then continues to climb only much stronger. A recent example of this with me was The Works. Not easy though is it. I find reading these BB's interesting (& sometimes amusing!) although try my best not to let them effect my decisions.
The most important thing to realise is something you would think is ridiculous if you've no share experience (With established shares anyway). It's not which ones you choose as much as when you choose them. A five year old picking 10 shares at random but at the best time will do far better than an experienced investor picking 10 of their choice near a market top. I'm fairly cautious but even been careful (Sometimes regretfully), i'm currently up 45% in less than a year due to timing buying (Not as much as i wished (Over cautious!) after covid collapse. I've missed so many chances of increased profits but have learnt to accept this as inevitable when you spread for safety. I only worry about the overall result as while still trying to get every decision correct, it's not going to happen. I hold RNK & PFC but not heavily. Will be happy for RNK to go up but will consider top up if they get below 1.10 Good Luck !!
Sageman , yes i remember penny share guide alright. What a load of xxxx . Paid for guides to lose me thousands. Must have invested in about 8 different tips that all led to 100% or near total losses. I was younger , naive & less experienced in shares then. It taught me some harsh lessons and I've generally done reasonably well since.
Yes, the sooner they're able to re-open , obviously the better. Good thing is that their businesses are still able to operate easily online unlike some. May drop further with week markets but like yourself, i'm fairly confident on 1 year plus timeline. Maybe sooner if vaccines work their magic.
These have now come back a fair bit from recently reaching £1.60sh. Short term they'll probably be volatile to the fluctuating Covid vibes . Once confidence of a decent outcome increases the general market will go up quickly and Rank should gain more than most . Why , because the elderly (& some younger) will love to get back to their bingo with the extra money they've saved. Similarly, the younger will be tempted back to casino's. I hope i'm right in predicting that these shares will reach £2 at some time within 2 years . Could be a bit of a rocky ride though. No one really knows so please DYOR and make your own decisions with your own money.
There's no right & wrong answer & it's entirely your money/decision. To sell & buy back on £1000 level, you'll lose 3% to costs straight away. Assume price drops 20% and you sell at 3% below top and buy back 3% above lower turning point. You make 10 to 11%. If price goes up 20%, you make 20%. The big boys can make a lot from a small % change & costs become fairly insignificant. They presumably also have (or think they have ! ) more expertise.
I have a very small £2ooo of shares in AML. I would like to keep long term.
Please can you confirm that there's no minimum amount to take part in the Consolidation.
Also, i believe that i will not need to take any action or pay any money. It's my understanding that theoretically we'll just have 1/20 th of the number of shares at 20 times the share price and so will still be same value (Subject to other influences either up or down). Confirmations would be helpful appreciated. Good Luck all.