Member Info for fatprofits

If you pull up simple price data on GSK, say a 5 year chart,
as you are probably aware, the SP is given to pretty regular
trips up and down. Past performance is no guide to ....etc.

If you are bearish this may be the beginning of a new lower range,
one of the TA guys might be better informed to provide an insight on that.

Life seemed very simple back then!.

A classic track from The Smiths, circa 1986

if memory serves me right.

GSK's Lamictal !!.

Poker, yup, that is often the case.

Kingfisher(KGF) looks very tasty to me on a 3 year view.

However, lots on my watchlist I had marked as recovery plays
now look fully valued, in some cases more than fully valued.

There may be a little more to it, or at least wider context.

The market strongly favours cyclicals and covid recovery stocks currently,
and the reverse applies to 'defensives'.
Yes some may say GSK has not been particularly 'defensive',
however that's a different debate.

RYANAIR (RYA) is now trading at a price I expected circa mid 2023,
that's just one of many examples from stocks I follow.
Cyclicals and recovery stocks are what investors
appear to want atm and some of those valuations
already leave little leeway for any disappointment.

But that's also a side effect of momentum trading/investing.

IMB towards the bond proxy and tobacco peak sold near £40
a share just a few years ago - now £14 and change.

I only hold a few hundred shares, do not want to convey the
wrong impression.

It may be worth staying mindful that both GSK and ULVR
were hammered on results, there may be increased volatility next
week and quite possibly some downside. With AZN, expectations
are high.

The bullish case here is multi year, providing AZN continue to
deliver inline.

Currently the London market strongly favours cyclical and covid recovery
stocks. Defensives are not in favour, at least that's very much how it
looks to me.

If anyone feels nervous or uneasy, then look at your position size.

Anyone running a margined position on AZN in to results may
either be brave or foolish, or possibly both!.

papucel, not sure what your point is.

I have a holding in AZN and a small position in GSK.

Unfortunately the gift of prescience alludes me!, so sometimes
I get it wrong - as with buying Unilever (too soon) yesterday.

In any case luck with your holdings and always best to DYOR.

Unfortunately it won't let me post the link.

It was brought to my attention by a friend of
mine who worked as a pharmacologist with AZN.

Have to be honest and say the article is above my pay grade,
So my friend was overestimating my very rudimentary 'understanding'
of virology.

May be worth a read if you like detail.

There are more vertiginous like valuations in the market current.
Momentum and sentiment playing a part in that.

Admire people who can do that, not in any skill,set
I may have.

Oh, Commiserations).

Would hope ULVR will head back towards £45 at some point this year.
Rising input costs may be what the market is honing in on.
LEX in today's FT says - not a consumer company to add to your shopping
basket at this point.

I bought a few Unilever yesterday, thinking that the fat %
fall looked overdone, it appears not!!.

* In general terms brokers are either too bullish at share price
peaks and too catious near the lows.

This story is old I know, but it goes on and on.

Still well below NAV, for how much longer ?.

And I thought results looked OK ish.

CP, luck with that, get the logic.

Compounding returns one of the keys to wealth creation.

My largest personal holding and thrilled with 2020 NAV performance ,
around 3/4% above my expectations.

They are overweight both technology and domestic China,
both those sectors had a cracking January so would
expect end of January NAV to be in excess of £23 a share.

It may already be forgotten that RIT has often traded at a NAV premium,
so still available at a fat current NAV Discount.

Strong longer term buy imv.

Usually, they look like good value to me, 40.64 my lowest add.

It looks an extreme reaction, but reserve the right to be wrong!.

Female hair loss can be caused by stress, now I wonder what's happened over
the last 12 months to make the world a more stressful place for many?.

Prove it in court of law, easier said than done imv.