RE: Share price rise16 Feb 2015 10:53
Hi radvalve. Still here and not yet sold any shares, have you? I have increased my personal target to 428p which would give me 110% profit. We have been very close to this figure, so this week could be the week I sell half my holding, leaving me with free shares. Some of the rise I think can be attributable to the record levels the DOW has reached recently and the FTSE 100 being very close also to all time highs. I think Segro has stuck with its turn around plan, which has done well, plus over the months there has been a steady amount of buying pressure. But will this be the case of buy on rumour and sell on news. If results disapoint the sp is likely to drop. If news is good, could there be a sell off because the sp has been on a fantastic 3 year bull run.
Personally dont recommend shares anymore, in the past one did very very well, conversely another performed very poorly. They say you should have gold somewhere in you portfolio, I do with AUE. With the recent drop in oil prices that looks another good sector to be in, with current low share prices in that sector. I am also very optimistic on EDEN and SRT, only because I have invested in both these. No advice given here, as they say DYOR. My best investment to date has been an ISA in Marlborough Special Situations, which has trebled in value but taken circa 9 yrs.