Member Info for garethbrierley19

All things considered it was a very good day, especially after the unusual drop on Tuesday.

And the good things is this rally still has legs (IMO!)

Is my analysis correct that a change in the £/$ rate tends to shift the share price here on an intra-day basis?

Huge fan of GAW and it's fantastic that this share has paid me back (and then some!) for all the £££ I have spent with them the last few years.

I hope nothing negative has leaked out about results. There is little reason we should have a red day off the back of today's silver performance.

An interesting observation. Have you considered contacting shareholder relations about this for an explanation?

We’ve set SQZ bounce from this level a few times in recent times. I think you’ve bought in at a good price. I’m keeping a close watch myself as the current price is quite attractive for a short term trade.

They’ll probably be one later today, once the presentation is over.

Thank you, I have been very lucky in that in the last few years three major investments have come off incredibly well for me (RRS and then Barrick Gold; Serica and Vanguard LifeStrategy 100 fund). I got very lucky with my timing with RRS as I got in heavily a few weeks before the Barrick deal was announced, and I invested heavily in the Xmas 2018 crash with LS100 and also late March 20. Which are now seeming to be the ‘lows’ although I realise that trying to time the market is a fools pursuit. I just got lucky. As for my cagr I have no idea as I can’t access my spreadsheets which are at work under lockdown. They’ll need a lot of updating when I return!

Sasa - I always appreciate your views as a wish head with lots of experience. I don’t post hear often but I lurk every day and very much value your input. I’ve always been attracted to Vanguard LifeStrategy 100 and I also have a fair chunk in one of their active emerging market funds (which has underperformed for me, but acts as my ‘exciting’ fund which has potential upside). I wasn’t aware of the difference that you have identified so thank you for pointing it out - I’ve only got a passing knowledge of the debacle re: the Woodford fund, but enough to know I would never wish to be involved in a similar situation.

Ps - I’m sitting in cash with my serica returns for now rather than investing in more funds. My gut feeling is that we’re due another correction and it might not be pretty or rebound as fast next time. But what do I (and any of us) know! With interest rates so low where else are people supposed to put their cash...

Hi Sasa,

Thanks for the Q, my circumstances are probably different to some on here in that I am relatively young (35). I’m under no illusions that I won’t find another serica again! I’d have to be very lucky indeed.

I’m planning to re-invest the money into global tracker funds (I already have a sizeable chunk invested over various funds). To be honest I’m quite happy to move away from holding individual stocks, I’ve made some pretty bad investments in the past and the Global trackers have been good (if boring!) investments for me.

I’ve still got 120k serica shares across my ISA and SIPP. So I’m still “in”, just with approx 80% less shares than a week ago!

Good luck and I hope the share continues to prosper.

Good point and my decision may prove to be the wrong one, however the dividend would have been 10k compared to 185k profit for selling (my average was 74.5p). I’ve experienced a few unexpected drops with Serica in the past and for a three month investment I couldn’t argue with the return. If an unexpected dip happens I’ll potentially buy back in.

Cashed out 350k shares today, didn’t expect to be able to sell so easily but there was high demand at 124p. Sold in a few batches, best price 127p.

Still holding 120k between ISA and SIPP but I was so overweight here I needed to take profit.

Thanks to Baron for pointing this amazing company out a few years ago!

The positive momentum we have shown in the last few weeks has been very pleasing!

Sounds similar to me, I added some at 69.5p, some at 76.5p and one at 82p. Didn’t expect the price to bounce back this quickly tbh.

A first for me also! Albeit a relatively modest purchase, it’s still great to see.

This is where I expected us to be immediately post-results. Now to get back to £1.20 and beyond.

As expected

Not much volume though driving those moves (at least with RRE)

Hopefully not much longer sub £1.

It’s a valid point to raise, it would be negligent to not factor it into the picture.

I’ve put £270K in, in the last two weeks. I first entered at 32p in my ISA and was sitting very pretty when it was at £1.40! I’m hopeful that my investment will pay off compared to my alternative strategy (all in to Vanguard LS 100). Time will tell.

Some decent volume as well