Member Info for driftking27

Think that big trade after close today were a share-buy-back by RIO...

NotificationsChat Marc Faber blog High valuations, excessive debts, and extremely bullish sentiment do not necessary imply that a US stock market collapse is imminent. This especially not in an environment of unlimited money printing but.......... [[Read full text from latest Market Commentary- December 2013 Issue]] http://drmarcfaber.blogspot.com/2013/12/marcfaber-market-commentary-dec-2013-gloomboomdoom.html 4 hours ago

This just might rise 3-4%... Maybe:-)

02-Dec-13 16:37:54. 3,241.4186 10,000 Buy* 3,233.00 3,234.50 £324.14k O 

Possitive news! Great...

I have a holding here, like when the Japanese disaster struck in March '11. Has anyone got an interest in OEIC, I have a holding in BNY Newtons Global High Income, and am also looking at Newtson Asian Income next year.

Iron Ore prices have risen 158%, currently stands at $132 p/ton http://www.indexmundi.com/commodities/?commodity=iron-ore&months=60

Therefore, as ATST has one of the biggest discounts of 15.5% with one of the biggest market caps in Funds, would one go for discount or fair value, and have a good track record. Considering MYI.A is more geared towards emerging markets and has a good div. Of 4%, this in my view is a good investment trust. Any prem-discount below +10 I would say is good. Te only problem with this fund, I believe it will be hit harder when interest rates rise and QE gradually disappears. I also have my eye on Newtons Asian Income with a div of 4.9% and is trading just marginally below fair value, and has market cap of £4.1bn.

The Chronicles Investor magazine had this as a buy in the fund sector 28/11/13, saying its discount had decreased from 12 to 5.

Isn't the conviction sell anything to do with the imminent end or reduction in QE that the feds are always debating? Cause when that happens RIO will certainly plummet...

What ruffled the bankers feathers today...?

That was a great trade with 1000 shares you bought yesterday! Well done... I started my buy of these in November 2008 when I came back from an. Awesome short break to Madrid, got the rights issue and then bought my last order last year. What other stocks do you have an interest with that conviction buy you made? Do you buy foreigocks as well? Scott

...PM David Cameron is going ahead with plain packaging onn cigarettes in UK! Just heard on Radio5Live news. Looks like the 2100p support could well be broken...?

I'm waiting for just under 1900p! Lol. Those who are patient are rewarded...

Hey Penelope, that's some statement to burst out with a 1000 order! Lol Hope your eyes are glued to your screen every second of the working day! Haha Good luck with your bet...

I own 1076 Unilever shares at 1185p, and have done well since bought in 1999. Having taken more of a pro-active view on my portfolio, I then invested a paltry sum into PG, which I believe has a better future than ULVR / UN. Ulvr do have a bigger exposure to emerging markets and my view is that they will be hurt the biggest when QE, interest rates start moving. But I rate Unilever still as a BUY ( buy in tranches, not all in one go ).

Generally defensive stocks underperform in a bull market run, and this is probably the case along with P/E getting too expensive to peers ( BATS & Philip Morris(PM)

http://www.iii.co.uk/articles/124738/292-billion-reasons-may-make-rio-tinto-plc-sell

The reason for this being an unloved stock, is simple. Their R&D is terrible. Enough said, and there sales are dropping like bombs, though so are GSK's but not as much. If you want a cheap pharma you should buy NVS, its the cheapest in sector on a price - to - earnings basis. Plus it has over $50bn invested in RHHBY. Dividends mean jack - all! On a growth story, BMY is the beast of all Pharma's and JNJ is 2nd, then PFE.

I will have to remind you they are borrowing money to pay the dividend! This is an investment, so just think of the borrowing costs eating into the dividend payout ratio. They shouldn't have raised the dividend, and I believe it should have been either held or cut. For the best dividend, try SREI, MAN, Hasard fund. They are 6.65%, 12%, 8%, though. Own any of them.