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This is the date I bought into the market. Started with Marstons and Mitchell and Butler. In a short time I was up 40%. I thought ‘wow’ this is incredible, money for nothing. I invested more money. I bought into WINE, CINE, MCMX and others. No brainier - free money. Savings account pays 0.2% and stock market returns 100%.
Since then I’ve had ups and downs. The more research you put in the worse it gets. Companies produce record results but the share price declines. It’s almost like a rigged market.
It’s not rigged, it’s gambling. The whole system is based on dopamine and it’s effect on the brain.
Today I sold everything. I’m 120% ahead of March 2020. The stock market may continue to climb further and good luck to those that benefit from it. Not me. My money won’t increase but more importantly it won’t decrease.
Don’t listen to others and only put in what you can afford to lose. Good luck, because that’s what it is …. LUCK.
If you’ve seen the recent sp rise and are wondering why, here is a brief explanation:
A recent RNS includes the comments “ advanced stage discussions for a number of potentially substantial projects concerning the supply of Starcom's various devices for the tracking and monitoring of containers and related items. Should these be successfully concluded they could provide significant revenues”
Starcom was the name until recently and they are expecting 2 of the contracts to be announced before the end of the year. There aren’t many trading days left this year and I’m hoping the sp will increase up to the news and in a more dramatic style after the news.
If the recent fluctuations have been beneficial for cmc, I’m not expecting to find out until a trading update is released via RNS. When or if this will happen is not easy to predict. Instead, hold on, wait for news to arrive. If it does the be happy you were ‘in’ before the release, because after the news, you’ve missed the boat.
Here’s a link https://www.starcomsystems.com/starcomplc/news/20201015_trading_update.pdf to an announcement from Oct 2020. It is suggesting that there could be a link with Polaris around now and also that Polaris has the potential to be huge.
We’re all guessing what the new contracts might be linked to. I’m predicting they will be connected to container trackers and locks because of the launch of the t42.co.uk website and name change.
Looking at global supply issues, such as supermarkets chartering their own container ships from China., I’m hoping there’s about to be some news that is going to see a big increase in revenue for several years to come.
This is over a year old but definitely not out of date. It was speculating about what could happen around now.
From the BBC today “ Pharmaceutical companies say they could update vaccines to match the Omicron variant in around 100 days if they were needed.
It is worth noting we do have new weapons in our armoury in the form of anti-viral drugs. Paxlovid and molnupiravir both target the inner workings of the virus and experts have told me there is no suggestion their effectiveness would be knocked by the mutations seen so far.”
I quite agree that markets don’t like uncertainty. However, I think Friday was a knee jerk reaction and those waiting in the wings could buy the dip and make a big profit. Interest rates will increase. When and by how much is the only uncertainty here.
Of course health has to take priority every time - almost goes without saying. However, I think inflation, on an economic outlook, is a bigger problem than the latest Covid outbreak. In my opinion this will drop another 10-15% then return where it is or close to. Inflation isn’t going away and interest rates will have to rise. I’m holding through the next rough patch with a view to benefitting in the long term.
Recommended both of the last 2 posts. In my opinion it will be reduced to about £1, Drahi will buy more and then rescue it with a massive 50% above the future price. Private investors will be forced to sell at something like 150p to a foreigner. I genuinely wish you well.
The sp was above the current value in 1989, over 30 years ago. I agree with nearly all your comments about the technology and infrastructure. My degree is in electronics, specialising In telecommunications. What you don’t appear to understand is that the future of this share is not based on you and me agreeing that they can charge other companies for using their services. Instead it’s about what is and isn’t in vogue. Sadly for you BT isn’t. I’m advising you of other companies that I think are about to be popular.
Good luck with your investments.
Here are some suggestions for making a profit…..
CMCX - can’t say I’m a big fan of a Tory profiting, however share trading is sure to increase in my opinion
STARCOM, soon to be renamed TRAC. This is the next big thing. Containers getting lost or broken into, This company has an electronic device that tracks location, monitors temperature, checks security. Small outfit? No, Pepsi cola is one of there customers and they are looking to seal big orders, including the multi billion dollar company DHL.
BT share holders, will you increase your investments by following my advice? Maybe I’ll be charging money for advice like this in the future.
In my opinion this share is held onto by boomers. You are clinging onto what used to be good. It’s not any more. It’s haemorrhaging money paying for old people to have a comfortable lifestyle. Money isn’t free. It comes from boomers investing in this share. Wake up. Why did it fall today? Not at all related to COVID. It fell because it’s out of favour. Sell and buy into the next flavour of the month.
At the moment shares in travel, banking (no guaranteed rate rise) are tumbling. I think your money here is relatively safe against COVID. If I hadn’t sold, I’d sit in the wings and wait. Not sure how long, could be 1 week or 2 months. Try to time the bottom, sell DT and buy the dip of banking or leisure shares.
Why don’t I buy DT and sit and also wait?
I’m hoping to benefit from this market volatility. Just bought into cmcx. Last time there was a price crash it bucked the trend and rose.
Good luck here - reasonably safe.
I was going to wait for 200 to buy. I don’t think it’s going to go that low. With the news of potential market volatility I bought today. I’m also reassured by the recent director purchase. I’m hoping that all the ‘bad news’ is out in the open and hopefully upwards from here.
I don’t think the amount of shares purchased by the people on here will affect the sp much. I think it’s got more to do with large funds buying or selling. At the moment it appears uncertain whether ML will be extradited and if so the implications for DT. Following this, will there be more initial investors off loading. ‘Markets’ don’t like uncertainty. Until clear decisions are made (good or bad) this will continue to drop. When some news is announced it will hopefully rise rapidly and you’d have to be in it before the news is public to benefit.
However, I’m waiting on the sidelines for now and probably the next 6 weeks or so. Between now and then I think this will drop quite a lot further. However, to long term holders you shouldn’t lose anything unless you sell.
Is this the final trade on starcom prior to TRAC taking over? Not been involved in a company changing its name / ticker before and wondered if what we’ve witnessed today is the final exchanges of the old shares.
Looking forward to hopefully seeing an RNS in the morning with details of what’s next in the pipeline.
Charles, you are not responsible for other gamblers losing money. They are adults who have made their own decisions. This is an open forum for people to share opinions. I have to admit that you are the only person I had filtered and have since added, after selling. If I was still invested I would wonder why someone who has sold is still on here. It’s natural human behaviour. I’m looking at what might have been and trying to learn from it. In a year’s time this might be 2000p it might be 10p. Nobody knows. For those still invested here I genuinely hope it’s 2000p and you are successful.
Looking at the volatility and number of online posts this is very similar to AIM shares, such as resources. It doesn’t seem like a ftse100 company. I personally don’t think this is a good long term bet, hence why I sold.
Good luck and I will still check the sp every now and then to hopefully reassure myself that I made the right decision.
Pump and dump suggests a coordinated ramping of a worthless company. Following this, those who promoted the company sell at a gain. As they offload the share price slumps. I think you belong on a different board.
This share has recently risen from a very low value. Why?
Initially the company has suggested there are potentially large contracts, close to being signed. Secondly, when the sp was below 1p they were able to convince institutional investors to add funds for exchange of shares at 25% above market price (this is what sold the company to me - if someone is prepared to part with £450k at a premium then I am wasting my time researching facts for a £5k punt). Thirdly, there is a global, not national, problem with freight distribution. Fourth, the company has diversified to include hygrometers as well as gps trackers as used by that small company, Pepsi cola. Fifth reason is the recognition from winning a prestigious competition hosted by a multi billion dollar company, dhl. Sixth and most important to me is that the directors are heavily invested.
Please don’t try to devalue this excellent company with cheap comments like ‘pump and dump’.
It was inevitable that comments like this would be posted once the sp started heading towards a more realistic value. For those new to this company, don’t listen to my comments or others, do your own research, like I did, and invest with confidence.
Due to consolidation this should appear up by 700% on Monday. By default this would put it to the top of the risers and have potential investors checking it out. If they see a good RNS on Monday with hopefully news of contracts this could increase by a significant amount next week.
I still have huge respect for the long term holders who bought at 5p and have held, you have more patience than me. I’m hoping that you are soon to be in profit again.