Member Info for Nick-Bris

Sorry if this has been mentioned on individual SP threads, but I really hate the changes made recently, in particular only seeing the last 5 comments - you lose any context. I’m presuming it’s to make the website function better? If that’s the case, I haven’t noticed any improvement.

Has anyone mentioned previously what we can/shall we do collectively in terms of getting things rolled back?

Hello all - happy Easter.
Nez - I'm so sorry to hear about all your bad news and dear ones. I'm always  counting my blessings. I haven't been posting much lately, as I've perhaps become more risk adverse in terms of share dealing.
I've sort of dropped day trading, and resorted to buying dips of better quality shares and planning to sell them fairly shortly thereafter. However, it hasn't turned out like that, as either the shares have continued to drop, or I've  held them and let them run further. 
Indeed, as some individual shares came into profit I bought Alliance Trust and Vanguard Life Strategy - but they are only just holding their own.  
I do however remain ever the optimist - holding Sareum and Bens Creek - both 80% down and my GGP down 50%ish.
I've made small profits with the Lloyds and NatWest - I've sold the Lloyds and and holding the NW.  Still holding a small loss with recent purchase of LGEN.
My greatest recent success so is with Alibaba - up 19%.
Some of my long term holdings (originally starting off as trades!) are up Exxon 20%, Microsoft 18%, Visa, Mastercard and Google each around 10%.
Best wishes to you all.

Forgot to say, amongst the sea of deep red in my pf today - only my two dogs Sareum and Bens Creek are up (for a change!) :)

T - well done on the FRC. Things are very volatile in the safer areas of banking sectors in US and U.K. I’ve bought some more NWG. I wish I had some spare cash available as I’d buy even more.
ATB everyone

Morning all from a wet windy miserable Bristol.
Another battering on the markets for me this past week or so. Been buying LLOY, NATWEST and LGEN on their drops - as usual yet to show a profit.
GLA

O - sorry to hear about your brother. My best wishes to you and your family.
ATB everyone.

Afternoon all.
O - welcome back - glad you had a good holiday and bon voyage to Australia!
Well, it’s been a good start to the year for me portfolio wise up 10% since then. Obviously, I’m still well under on many of the things I’ve mentioned last month, but I finally sold my POLY and part of a big holding of BARC for a nice profit. They were originally going to be a short trades in March/April last year, but went significantly under water and remained so until recently. I’ve derisked and put a large chunk of the money (along with some tidying up of small profits from a couple of little FTSE trackers) into Alliance Trust and Vanguard Life Strategy 100% Equity. I bought some more Glencore on their recent drop and that batch is up 8% - the rest is up 15-20%. I’ve got funds available to buy back into POLY should the price drop.
Hope everyone is doing ok too.
GLA.

Afternoon all. Hope everyone is well and have had a good Christmas.

As it’s the last trading day of the year, in the absence of no recent trading for me I thought I’d give myself an end of year report.

I’ve continued to read everything available to make informed decisions. So, although I’d only give myself 2/10 for overall results this year, I don’t think I’ve necessarily done that much worse than many of the financial experts.
I looked at what they were forecasting and recommending this time last year (Questor, HL, AJ Bell, Money Week, WSJ etc) and most were wrong 4 times out of 5 - with the successes being mainly in commodities.

All my major mining and US oil stocks have done well showing 8-18% profit. However, these profits are dwarfed by my “expertly run” small and medium U.K. company cap funds being down 30-40%.

My risky trades in Poly, GGP, Ben, and Sareum are well under water
(-20 to -80%). I’m holding, as I still think the fundamentals reasons I invested remain, but just taking 2-3 years longer).

Everything else I hold has been so so.

Finally, Happy New Year - and hope you prosper in as many ways as possible - be that family, health, quality of life (and maybe even wealth!).

ATB.

Evening everybody. Hope all is well.

Nez. I think 21/22 has been a lesson to me too. I know the guys on here were saying last year that some leading investment experts forecast a bear starting in September 21.
Again, despite reading the book about Jesse Livermore, I ignored one of his golden rules of his - “ Trade only when the market is clearly bullish or bearish. Trade in the direction of the general market”
Trying to trade in a downward market proved too difficult (as I don’t short) so I eventually I had to stop.

As regards buying speculative stocks we’ve all done that. I’m well down on Sareum, Polymetal, Ben and GGP. Perhaps stupidly, my risk appetite is only really ever addressed by them representing less than 10% of my total pf. GGP is my largest holding in this category by far, but I believe there is still intrinsic value, but I need to wait two or three more years than I expected.

I also understand your frustrations about being drawn into some Primary Bid investments. I did the same, but made a small amount money on the three I took up. Looking at 40 of the offers made over the past year, only 6 have an SP higher than the offer price - many are well/substantially down (- but so too are some of my “expertly run” Blackrock and Smithson funds!).
I’m hoping you are still holding your Yellowcake that was offered by PB - that’s well up.
I’ve stopped tracking the PB offers performance earlier this year, as I think the pattern was clear - I was just lucky.

Outside of trading I’ve been adding numerous small amounts of US oil stocks and UK major mining stocks over the past few months - and they are doing reasonably ok. Just wish I’d sold the oil stocks two weeks ago!

ATB.

Morning all from a rare dry and sunny morning in Bristol.

There’s an article in the Telegraph today that Hunt is interested in raising more tax from share dividends and capital gains on shares. Fortunately for me, my highest divi payers are sheltered in my ISA. I need to tell him that he won’t raise anything capital gains wise given my investment decisions these past 18 months!

Evening all. Hope everyone is ok.

V - I know how you feel. As a fellow GGP holder I’m 56% down as is my BEN :(

My overall pf is now only down 29% having recovered more than 10% since the Truss/Kwarteng implosion!

My trading fund is split between gains and losses on the plus/minus My US oil stocks and Glencore are doing really well, versus my major U.K. mining stocks, Barclays, Microsoft and Google not so well. At least the ones on the minus side are major quality stocks and will come good.

Let’s see what tomorrow brings. I’m guessing a base rate increase of 0.75% from the BoE. So, it probably means it will be 0.5% :)

GLA.

Evening all. Hunt seems to have calmed things down - thank goodness.
Hurrah - I’ve recovered from covid and tested negative today. My sense of taste and smell came back today too.
Like O - much of my pf is in very negative territory. For me the bulk of the “loss” is in a fund - THRG. I’ve reviewed all the info on it and I’m sticking with it as it still makes sense (I think I was 5% up on it one time last year). Good job I don’t need the money (yet!)
Ditto spare money wise, I’ve had dividend money go into my pf ISA account this year, but I’m just sitting on it for now.
Hope you’re having a good week.

Afternoon all. Hope all is well
What a week - and it’s not over yet!
Tested positive for covid on Tuesday this week (I’d escaped it up to now), but after the first night (Monday) of shivers but feeling hot. Feeling fine, other than a slight cough every now and then.
Pf and my trade holds really up and down due to the political and BoE shenanigans (are they the same these days? :))
I’m hoping for some stability next week.
GLA.

Morning all. Hope you’ve had a good weekend.
T - in support of your comments - todays Wall Street Journal there was an article about October being a bear killer. 35% of all bear markets finished in October. Let’s hope this month adds to the percentage.
ATB

Morning all.
T - no problem. I did read your other comments and agree. I think the majority of risk around staffing, inflation, logistics are reducing around the world. Nuclear weapon use on Ukraine and potential Russian sabotage of Norway gas pipes are the biggest un-factored risks.

Morning all.
T - let’s hope you are right on the call
There was an article in the Telegraph yesterday about why the FTSE100 hasn’t as an index really gone anywhere for years (exclude divs), which was interesting.
However, one para stood out, which sums up my (our?) current trading situation:

“- I’ve hardly bought or sold anything recently, one veteran fund manager told Questor last week. “Everyone is waiting for the first sign that inflation, interest rates and bond yields are peaking, which looks likely to be in the first or second quarter of next year. Markets could experience a surge upwards at that stage.”

ATB

Morning all. Hope you are all well.
The faux “Lady not for turning” has turned and thrown the Chancellor under the bus. All rather chaotic, so not a great start to the stockmarket this week. Pf continues its relentless decline.

Sorry Dustbin, can’t help you with your request - I don’t havre such software. Indeed, I didn’t even know it existed!

GLA

Afternoon all. Well the government’s plan to press the accelerator for growth as the BoE presses the brake with pitiful interest rate rises to curb inflation has resulted in skidding the stock and currency markets. I realise that markets are down around the world (and currencies are down against the dollar), but I despair at the incompetence of them both in adding significant financial danger to the UKs woes.

T - regarding the pipelines and Putins likely involvement. I don’t think they will ever be switched back on unless there is a revolution in Russia - and even then it would be minimal.
Some reports suggest it’s a warning to the West about how easy it would be for the Russians to do the same to the Norwegian pipelines. To me that would constitute an attack on NATO. :(

Hi all. Hope you are all ok.
Like Nez, (hope you enjoy your holiday in the US) I haven’t done any trading. Pf continuing to drop in the face of a recession and interest rate increases.
My eToro trades and holding are holding their own over the last few months despite the slight fall in SPs due to the account being denominated in Dollars and Sterling being weak.
ATB for now.

Well Done T - really pleased for you.
Heaven knows it’s a long time since we’ve had anything to celebrate.
I will raise a glass to you at lunchtime.
As regards the gas, I’m in favour of any scheme that reduces the price or caps the price at current values (obviously subsidised over the long term by the government/tax payer ) - that way it will reduce CPI/RPI.
ATB everyone