The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
A small correction is very much on the cards, we've zoomed ahead a little in recent weeks and I estimate fair value (even with the impending good news on Xmas sales) at around 2.05 - 2.10. I thought CARRINGTON made a good call in selling some shares at 2.14 + yesterday. I was holding on for 2.16 today and was going to sell my holding and buy back in later. Bit of a slow start meant that I missed my opportunity! I'm going to sit tight and hope I'm wrong, however wouldn't rule out a slide back to 1.90's short term before onward push as year progresses. I'm a LONG TERM holder and would only sell to buy back in at a (hopefully) better price later. Good luck to everyone
Hi Mate. Whilst i don't agree with your position re Tesco at the moment (I think they represent good value at current price) I find your opinions interesting to read, well thought out and containing genuine sentiment regarding this stock. Whilst your position differs to mine I'm fully aware (after 20 years buying and selling shares) that to be successful at this game you need to pay attention to and consider a wide variety of views even if they do not tally with your own. Keep the opinions coming and it will be interesting to see which way the price goes in the next six months (whilst hoping to god you are wrong!) All the best. Furry
...all the posts below in and around mine....both positive and negative.. cheers!....there is no need to get annoyed or score points on these message boards.....they are great for sharing info and opinions. Think 50p is EXTREMELY unlikely and £1 pretty unlikely (although wouldn't rule it out) I would look to purchase another £2k at around £1.13 and same again at about £1. Hardly a sophisticated strategy but I'm having a decent year so pretty pleased. Keep the info and opinions coming (but please no arguing and squabbling - total waste of everyone's time!) Best of Luck to Everyone
Thanks GaryDav2, I hope to have caught the falling knife at the bottom but this VERY rarely happens....wouldn't rule out further falls in the weeks ahead, however fancy this as a decent long term play. I'm a little older now so rarely day or short term trade (with the exception of Tullow Oil which I dip in and out of). I'm trying to build up a portfolio of rock solid shares that have been a bit in the doldrums but have good potential and dividends play a big part in my thinking. Saga is about 7% now so see lots of upside in the future. Good Luck all!
Right on the bell at 126.299. I'm pleased to adding SAGA to my portfolio. Oversold and ripe for takeover by large insurer or equivalent looking to diversify a little. (I'm looking at you Aviva) All of this is in my humble opinion of course....and I'll soon be old enough to be interested in SAGA products!! GL ALL!
...I'll be buying a tranche of these shares, Fundamentals and Instinct telling me this is a good buy in price. Just a question of do I buy just before the bell or tomorrow morning?? ....let see what next 10 mins brings...
....extending my sympathy to everyone on here (including myself) with the refinancing news I thought we would be over £2 and with oil price now flying on pipeline crack I would have expected £2.20 plus. Still we languish in the £1.90s although a nice increase for me I feel mildly disappointed. I don’t like making predictions but going to stick neck on the line and forecast a BIG increase today.
People arguing on these boards and petty point scoring is incredibly dull for the rest of us....not that it will make anyone stop.....I'm hoping for stability at around £2.05 until the new year....any further mini surges may lead to a sharp correction IMO....
that with Oil where it is, the refinancing deal etc Tullow should be trading at about £2.20 even with the debt. Notwithstanding this I will sell around £2.10 ish which will realise a tidy profit.
....at anything sub £1.30....keeping a close eye on this.....looks overdone to me....
At 1.6790. Happy with that.
Then I’ll be back in. Not lots of free cash at the moment as it’s all tied up but got eyes on this, ICAG, Lloyds and Inmarsat. Problem with Tullow is if you sit on your hands too long it turns and before you know it £2 has been and gone...
Brokers really are a bit useless aren't they. Falling letter volumes? Yes we all know this, this revenue stream has been falling for years and will continue to do so. Parcels are where it's at and RM are the most efficient courier IMO. Well positioned for the growing tide of internet shoppers. Great buying opportunity.
....promised I'd top up at any price sub �3.70, however spent remaining funds on National Grid on Friday. Will have to hope price remains deflated for at least a week so I can free up some cash. Sit tight, I think news will be good next month.
...decline highly unlikely. This bad news already factored into current price. If I could get in at £3.50 I’d be delighted. Will all blow over before Christmas.
Made a great call. Especially if you got out again quick. Hoping for another sharp reverse so I can get in, but may have missed boat.