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Hard to know why the sp hardly moves on big buys, the positive side is that it's holding around 25 (ish)..but hopefully gaining momentum for a push up to 30.! I've not heard any rumours, so please don't get me wrong, but I've always thought TIG would be the perfect financial partner, and therefore ripe for a takeover! Anyone else got any views?
Hello everyone. I must admit I've taken my eye off the ball for a while with LAM. But after the RNS today and a quick peek at the chart, I'm pleased to note a nice stady rise and I now think it could be time for me to buy back in! But my chart shows that the sp was at 225p yesterday, does anyone know what happened?
I bought in some time ago at 832, so you can imagine how I feel !! I still think you're on a winner..but I can't understand why the sp should fall after today's super RNS! I think it may be a combination of factors; AGK, continued global economic worries, various downgrades etc etc. But the main fundamentals of APR are very positive in my opinion, so I remain a holder. I'm going to top up but I hate to say it, I think it may drop a tad further and I'm awaiting that to happen. So no, I've not sold up, I not lost faith either and I think your buy at 713 early doors this morning is still a good one and I'm sure it will shoot north again soon, just rotten luck.!
Hi Jolly. I get the feeling that reality is starting to bite for the new year, with all the poor news coming out of the retail sector and news forecasts about 2013 being a tough year, traders will be starting to take profits and move back to cash for a while. TRI is doing well though, and 60p looks a real possibility! A top-up under 50p is my plan though as I think TRI is still remarkably cheap; one of those shares that are off the radar for most funds and traders..
Looking a bit more positive now, and now I'm wishing I bought more when it hit 360p! Oh well, I'm happy KENZ are back on the rise! You're right about fundamentals, no-one seems to be paying any heed to them..but I'd still give Carpertright a miss at the moment..!
Not sure how the share price will go from here! My guess, (and it is only a guess), is that it will trend down further before confidence is resumed. There's still a lot of doom and gloom about within the world of electronics, from Apple to Comet/Dixons. But also VLX were 20% down on revenue within Telecoms/datacoms and 15% down in Industrial, two key core sources of income. To make savings they've started a policy of de-stocking, which will impact on turnover in the short term, and any cost cutting will take time to take effect. So even assuming that the market picks up, there will still be a delay before the programme of recovery kicks in. I have confidence in VLX getting back to normal trading, but when this will happen I just don't know..
I'm scratching my head trying to understand this too, the directors even bought in and showed confidence in speedy improvements! Also, and I may be a bit cynical here but why have VLX report in GBP's on the 31/10/12, but in dollars today, could they be trying to put a spin on the figures? I must congratulate Jolly here, who posted this on the 30th of November: Fear you may be over-confident, P DYOR and not investment advice, of course, but, if management fails to hit (ambitious imo) turnaround targets this half, then there is a lot of white space south of £1.50 for this sp to fall into Profit shortfalls tend to come in bunches & turning things around is challenging gl to all & have a great w/e Jolly Well done Jolly! They say that bad news comes in three's, this is second, so maybe one more poor announcement and VLX can start the recovery..
Current trading Contrary to earlier expectations of growth in second half revenue, the Company has experienced a general softening of demand across all sectors as well as delays in specific project timelines, which does not include our largest customer. As a result, we anticipate our full year revenues for the year ending 31 March, 2013 will now be in the range of $470-$485 million. The full year normalised operating profit is now expected to be in the range of $11m to $14m.
There's no doubt about it, times are very difficult. I know of SHFT and SGP, but I'm unfamiliar with the others you mentioned. I tend not to average down as a rule. So when a share dives I cut my losses and wait for it to settle, then buy back later if needs be, but I still make awful mistakes which I kick myself for afterwards! I've been a big follower of Robbie (The Naked Trader) and have even attended one of his seminars. This was very beneficial because I bought a company called Dialight (DIA) on the day which has given me my biggest profit margin to date...sadly though I don't own it now, but I wish I did! For me, Robbie simplified trading, something I had previously considered a very complex subject, and I would recommend at the very least reading one of his books just to understand some of his basic thinking on the subject. However, I do attribute much of his success to the website and his constant trumpeting of gains, success and all the money he has washing about (he refers to himself as a smug git!), which I call 'the Robbie effect'. Because as soon as he blog's that he's bought in on a company, everyone checks it out and a good percentage will then buy in, hence lifting it further. Problem is, just as you decide to buy in too, a week later you find that he's sold out, the share then drops, he's made a profit and you're left nursing a paper loss! So you must research and time the entry point as he has done.. So you're correct, timing is very important! His philosophy is simple; run your winners, cut your losses. He has a target of say 20%, and a stop of 5-10%, then he sticks with the plan. But I know that even he has had trades which later become 'investments', but he's been trading for many many years (I'm on my 3rd year), and has learnt from his mistakes. So I would agree, when you have a winning share then add to it. But if you have a losing share, try to cut it before the loss becomes too much to take. Anyhow, good luck and hopefully we'll all make some money in 2013.!
I think that's an excellent idea! I will of course tri (ha!) to blog any new and relevant information on TRI that I hear and can confirm. Hopefully, the pooling of quality information and the discussion of it will aid us all. I must say though that for the most part on these blogs you tend to find a lot of shameless ramping with little or no information to back up the claims. However, I'm glad I responded to a warning from a blogger which helped save money. Someone on the Lamprell blog uploaded a concern about two directors selling off their shares at the beginning of May. I checked it out, thought it very suspicious and sold my holdings for a small profit just days before they announced a profit warning and the share plummeted 60%.!! I am eternally grateful to that blogger who blogged the information quickly. So these blogs can be very helpful at times!
Yes, I think under the circumstances it's wise to keep a tight stop loss, which is what I did for VLX and OPTS! Thanks for the encouragement, I must admit I do find it frustrating at the moment - the disappointment of being stopped out and taking a loss just plain hurts! But I have to keep reminding myself that we are living through some very unique economic times, resulting in volatile and totally irrational sp swings! I'm almost tempted to change my game-plan and just buy into good companies which have fallen back to strong support, hopefully with a dividend, and not programme any stop losses and just check in on them every 6 months.! That would certainly reduce down on the stress..but some good news this morning on one of my stocks. BQE seems to be stirring from the dead and is showing a nice blue 14% lift for a change. So I guess it's not all bad news!
I'm all for that.! It would be great to see TRI hit 80p and for this to become support for the new year, but I've just noticed a huge 250,000 sell go through at 12.48 today, and some rather disturbing 100k sales yesterday! Oh dear, do you think it's all smoke and mirrors from the MM's? I guess it's all a matter of wait and see..
It's more like c'est la vie for me, although TRI is trying (ha!) for me this time..but it was 'b######s to Volex' last week as I got stopped out for an eye watering loss.! TRI seems to move in an odd way, sudden jumps up or down which I just don't understand..very stressful! With all the bad news around at the moment, from extended recessions to fiscal cliff, I can see investors (and funds) holding back until the mood alters, but it's great to see it make headway regardless of the FTSE apathy..