Member Info for FTSE12

Made & taken £7,200 profit from day trading this for past 4 trading days.

Could go a lot higher, but profit is profit and happy enough with £7.2k profit......GLA.

PMO can be too volatile for my liking hence the profit taking.

I remember selling this at £1.35 about 4 months ago.

Than RYA & EZJ......both have really tanked this year, IAG down but % drop from YTD high is no where as bad as the others.

And wait for IAG to increase their holding in Norwegian. I see an IAG takeover of Norwegian in 2019

Perhaps you should sell RYA.....all other airlines up & RYA down!.

I've made £1,600 over the past 2 days just trading IAG. Hoping to continue the trend right up to Christmas.

I'm holding cash - not buying anything for the next few days (no matter how much of a bargain it appears to be).

Quite a bit of market turmoil ahead......but may present some good longer term opportunities.

The whole thing is a shambles.

The same brokers who were suggesting $100 Brent just two months ago.....and see what happened since.

All global indices are pointing towards a global economic slowdown hence Oil is unlikely to spike for the long term.

PMO is a decent day traders share and that's all it is. As others have suggested - the SP is very volatile, more than likely most traders will have taken their profits before close of business on Friday ( I certainly did).

Can't see the SP reaching £1 next week - traders know the swing movements in PMO's SP, so will always take the profits when presented.

For a balanced view - just look at BP. Another good trading share but without the risk of huge swings.

Ditto.....took the money out and put it into Thomas Cook yesterday afternoon (was way oversold over the past 2 days).

Gamble paid off.....I've just taken a £3,200 profit this morning on a single trade...put all the money back into my IAG shares.

Markets are not great today....appears to be some confusion re: Trumps tariff agreement with China plus the U.S markets are also closed tomorrow - hence a sell-off in the U.S markets.

As for the FTSE + the Brexit vote on 11th Dec....good point you raised. The £ will certainly drop on a 'NO' vote - which in theory should result in an increase in SP for companies where majority of earnings are made outside the UK.....BUT.....will this be outweighed by the panic selling on a 'NO' vote? I think it will.

I'll decide by Friday on what to do.....my head says the markets will over-react on a 'NO' vote, which could be a great opportunity to pick up some stocks on the cheap.

So far so good.....Sophos still holding up well considering the state of the market this morning.

The big issue ahead for the Sophos SP will be the House of Commons vote on 11th Dec (can't see any outcome apart from a NO vote). A 'NO' vote will more than likely result in a hammering of the FTSE100/250.

I'm also assuming a market sell off prior to the vote (on the basis most investors/traders are predicting a sell off due to a 'NO' vote).

Next week will be very interesting.

Elise & Trend.....I suggest Tuesday will be more of the same. Another day for some positive movement for the Miners.

I would not expect any major upwards swing for Sophos on Tuesday as I expect the day traders will focus on making a few quid on the Miners.

I would still expect Sophos to continue upwards (albeit in small amounts) - I certainly expect Sophos to gain some momentum over the next few weeks. I realise it's annoying when you see some stocks with big daily gains whilst Sophos is making very small steps.....but, Sophos will continue to increase.

Target price for Tues 4th Dec.....£5.20

EVRAZ is probably the best stock on the FTSE100 to buy when it's sub £5.

I managed to pick up over 5000 shares in the £4.60 range on Friday and another 5000 first thing this morning.

I can't see any reason why the upswing won't continue well into tomorrow.

It won't matter how much either the Dow/Nasdaq/SP500 are up this afternoon....it won't affect the Sophos SP much.

It's just a day where most traders on the FTSE 100/250 are following the money....and today it's just the turn of the Miners.

I'm already £1k up on Evraz today.....all the traders have jumped into the Mining stocks today, this is just the way the market moves.....people follow the money. You can't blame people if they think they can make far more on Miners than they would on Sophos today......it's just the way the market moves.

It doesn't mean people are nervous about Sophos. On a good day for Miners - they usually go up 5% - 8% in a single day, most traders know this, hence why people reallocate their funds.

I wouldn't worry about the small dip in SP. I suggest it's just a case of day traders/investors just taking a few quid out of Sophos to make a few quid on any Mining stock....all the miners are up so can't blame people taking advantage.
It's likely that miners will also be up again tomorrow, so I would not expect much movement in the Sophos SP this week.

I never hold shares long term as it rarely pays. I sell when there are better opportunities elsewhere.

I would be surprised if the Miners don't continue their momentum this week. Can't see any negative global news that will cause Miners to re-trace over the next day or so....It's not beneficial to Trump to come out with any stupid tweets this week. I've jumped back into Evraz today. (I wouldn't touch KAZ as it's far too volatile).

Lot of historical nonsense on here re: 'Bidding War'......All there is at present is a public expression of interest from one party.

- IMO circa 5% of comments on the BB are from informed & realistic investors/traders.
- Remaining comments are from gamblers who appear to mainly trade in penny shares /AIM.

In terms of what is the realistic valuation of Flybe - this will always be subject to debate and the market will determine the true valuation. It doesn't matter whether an individual believes it should be 30p/40p/50p/60p, etc per share - in the end the market will determine the value.

It's only pure market speculation that has driven the SP to a circa 100% increase over the past few weeks....and this is a FACT. If it wasn't for this speculation, then the SP would still be in the circa 10p range. There is a genuine reason why the SP dropped to sub 10p. The business as it currently stands does not make any profit. Profit warning after profit warning has driven the SP into the ground. Little point in anyone pointing out that it made money in the summer period (one man with a 50 year old Cessna 172 could make money in a summer period).

Before anyone gets carried away with what they believe to be a realistic valuation of Flybe, the below example is a good one to demonstrate that airlines are usually ruthless on valuations in respect to acquiring a stake or takeover.

VUELING:
Back in 2012/13 IAG purchased a controlling stake in Vueling (just over 50%), the vast bulk of the remaining holding was controlled by Iberia (a subsidiary of IAG). At the time of purchasing the controlling stake, Vueling had a reported Net Asset value of circa 800 Million Euros and had a decent EBITDA.

I believe IAG paid circa 130 million Euros for their stake (albeit the stake should have been worth circa 400 million Euros based on reported Net Asset values). The point being is that it doesn't matter what any individual believes what the valuation of any airline should be - the market will always determine this.

In terms of where the FLYBE SP goes next - it's just guesswork.
- IMO, if the 'Virgin' expression of interest goes nowhere, then it's highly likely the SP will retrace back to 10p range.
- if indeed any commercial agreement with 'Virgin' materialises - it will be the exact nature of any agreement that will determine the SP. (Will people stop going on about Branson - he no longer has a controlling stake....he no doubt will have an opinion, but the money boys from Delta control the purse strings).

It is worthwhile noting that the BOD of Flybe instigated the process of putting itself up for sale - hardly now in a position of bargaining power. IMO realistic valuation o

IMO, if any other airline was interested, then ask yourselves why they did not make any offer over the past 12 months or so (and please don't mention Stobart - I'm taking about real airlines).

Is 'Virgin' only now showing some interest because they low Mcap?

Could have been £16k profit if I held out for a few more hours.....but I'm never greedy. £12k in 24 hours was pretty exceptional......enough for a few virtual beers :) Have a good weekend

Elise - took my £30k Sophos investment out last week to have a quick 24 hour trade on Flybe ( bit of a risk but made £12k profit in 24 hours. I don't normally take those kind of big risks).

Put my original £30k back into Sophos again on Monday....so up a few quid since Monday. I'm staying in Sophos for at least the next month. Sophos is trading well at the moment and I'd suggest this will continue over the next few weeks.

We'll buy each other drinks if the SP trend continues :)

Elise - considering the way the overall market is today, Sophos is holding up very well.

I see this as a positive sign moving into next week. Do you have much invested here?

Elise - yes, dip is not just confined to Sophos today. Investors are just holding off until Monday (after the G20).

Overall buying volumes are very low today across the FTSE 100 / 250. May be a good day to pick up a bargain somewhere.