Member Info for Nick-Bris

DJ - please don’t beat yourself up about AVON. One of the good things about this board is that we aren’t judgemental - you’ll never be criticised for doing or not doing something including selling shares thar some of us hold.
I sold because I thought I could make up some of the loss in the self imposed time span I wanted (6-12 months) compared to AVON. I understand that the US government rules regarding ownership and oversight of US military manufacturing may have led to some extent a required hands off approach from the board in the U.K. If they get back to concentrating on their core business (what they know best) who knows, perhaps a nice turn around is on the cards. That said, like anything any of us say here, it’s not investment advice.
So, if you don’t need the money, don’t sell them tomorrow, why not hang on to them and put them in the bottom drawer (or not!)
I’m holding onto SAR (as of today now 48% down). My excuse is that it only represented less than 1% of my entire portfolio and I knew that it was an entirely speculative - having got the tip from someone at my allotment ( who’d already made 200%) I can live with that.

T. There was an article in the Sunday Telegraph over the hols saying that second hand past their best ships are selling at 600% more than they used to and being pressed into service.
In respect of shipping prices they said the following “ The Baltic Dry Index – which tracks ship­ping costs for major raw mater­i­als – has more than halved since its record peak in Octo­ber.”
They didn’t mention container prices though.

Morning all.
My small trade in my investment account of EUA for GGP yesterday vaguely working out for now insofar as EUA falling more than GGP!

Trading fund doing well again today . (LLOY,TSCO, BARC,JD,ABF,MSFT) I’m losing 3% on MSFT.

DJ - banking shares flying this week - well done
TD - you still holding BARC? My most recent trading batches of LLOY and BARC are now in a very healthy profit. Just a couple batches forced to hold from beginning of Nov to go. I will let them run hoping for 55p and 220p by end of Jan.

DJ - regarding AVON. My buying a very large amount on their original drop last year resulted in the biggest loss I’ve ever had. It didn’t bounce, but asked the same question as you after a few weeks. I can’t remember if it was T, or V (or was it O?) who said (like you) mentioned sometimes you have to cut your losses to move on and make your money work elsewhere. I did cut my losses fairly early on when it was apparent there wasn’t going to be a substantial recovery. Mentally it was difficult to accept my “error” Just as well, I sold at 1779 it’s now 1147. I was led to believe they were well managed. Perhaps they were when they were smaller. I think they were sold a pup with the US body armour business acquisition , which they were only managing at arms length - badly by the sound of things. I don’t see an upside, but what do I know.
GLA

Morning all. Do you detect the air of optimism in the market?
Things ticking up nicely across the board for me - hopefully for you too.
Fingers crossed the profit takers don’t pitch up tomorrow.
Sold some EUA on their brief minor rise this morning and bought more GGP on their drop. This is to trade, but happy to hold if need be.
ATB

Morning all.
Thanks O - in terms of where else you can get info for free. If you sign up with your local authority e-library service and read on line in newspaper formatted pages (I actually use the PressReader app on my iPad). You get access to virtually all the U.K. newspapers in full (apart from Murdochs). You can even read the Wall Street Journal. You also get access to most magazines including MoneyWeek and some international ones too. You can also search for articles. For instance a search for Cineworld came up with umpteen articles mentioning them in December.
In the Telegraph there’s a huge suite of technical analysis tools and alerts you can make use of for free (I’ve only just noticed!!!). Might be useful.
Hopefully the link works https://www.telegraph.co.uk/markets-hub/alert/

Evening chaps. Thought I’d just chip in, having just eaten and about to hit the vino and later the port.
O, S, T - many thanks.
My combined investment and trading fund stats are as follows. It reached its highest value in the first week in May being up 12.5% from the beginning of the calendar year. However, it’s dropped 7% since then. So overall a 5% gain. My massive loss on AVON (no longer held) and to a lesser degree EUA, GGP and BRWM (still held) accounts for most of the drop.
Hope you have, or have had a great evening by the time you read this.
GLA for the new year.

Afternoon all.
T - weather has been pretty poor here too. Hope to get out to do some light walking over the the next few days.
Lots of the papers have been doing annual reviews of their share and fund tips and look ahead to 2022. In some ways, I take some comfort when comparing my pf.
For instance, Questor in the Telegraph had this to say.
“Questor has had a dismal year. The average return on our stock tips since Jan 1 has been a loss of almost 2pc, while the market, on a comparable basis, has risen by 5.1pc. Exactly half of the 50 stocks tipped for the first time in 2021 as a buy or hold have fallen and half have risen.”
Separately, Jim Mellon in a Money Week (highly summarised here) is forecasting 10% inflation in the US this time next year. Hes also tipped LLOY, TSCO in U.K. and GM and a uranium stock CCJ for the year ahead
I should add that I bought the Tesco to trade before reading the article!
If you want more info let me know.
I will let you know my strategy for 2022, once finalised. :)

Morning everyone, from a dark but mild Bristol. Hope you had a jolly good Christmas (as did we).
Thanks for the tidings V.
Trading wise - Bought some Tesco and topped up ABF on Christmas Eve morning based on their drop - versus my observations of the shops and assumptions on Omicron. I will let them run for now
Pf and trading fund well up today - Santa continuing to deliver presents.
Hope you all have a good day whatever you get up to.

Hi all. I’ve found our forum a great sounding board and island of sanity (in what’s been another difficult year) where we can discuss matters without being shot down in flames.
Hope you and your families have a healthy and merry Christmas and a happier new year.
I’m feeling optimistic, so ATB and GLA for a prosperous 2022

Afternoon all. Things ticking up very nicely again. My trading funds in ABF, LGEN and one of my batches of LLOY now in profit. I’m holding. Are the brakes coming off UK stocks with the promising updates on Omicron?

V - glad you returned safely. Well done on the trades and your allocation.
To answer your question- I don’t tend to trade GGP (nor EUA) as a rule, apart from that GGP “poor” drilling update in Sept when I sold my entire holding and bought back 5% more over the following 6 weeks for the same money. Its a slow burner for me and not expecting to be in good profit for another year. I also don’t want to be out of this ahead of the Newcrest 5% valuation. That said, if it goes above 21p in the interim, I might sell a portion for a 15-20% profit and then try and get back in lower. It would be nice to have that dilemma.

I need to learn lessons from my EUA experience - I could have cashed out for a 30% profit on a spike, instead I’m sitting on a 20% loss - while I wait for Godot to turn up :)

GLA

Evening everyone. T, my feeling is that everyone is waiting to see how Omicron pans out. If it turns out to be a milder, less hospitalising and less deadly version - I’m expecting a bounce in the early new year.

It’s been reiterated that the 90% dying of COVID haven’t been vaccinated. A friend made the point about smoking being banned on transport and in pubs and restaurants for the wider public health, yet unvaccinated people are still being allowed to use them. - discuss!

As regards selling and taking profits, I can only do that on one of my trades I’m still holding over the past 6 weeks - ABF. Currently sitting on a £200 profit.

All the others are still in the red - LLOY, BARC, MSFT, LGEN and JD Sports. I’m holding all. The shops were busy today and I made the point of walking past Primark and JD.

My pf is up from Monday’s close. Hope it’s all the same for you and that you have a good evening.

Evening all. As the song goes, “What a difference a day makes”.
Everything up nicely including my EUA and GGP - V, I’m still in on GGP (only 5% of my pf) :)
Hope you’ve all had a good day.

Morning all. Shortest day, so hopefully people will start to be more optimistic from here on in. I too had problems with HL this morning for about 15 mins trying to get in. Fortunately, not to trade, but to check.
GLA

Morning all. According to Javid, 9/10 of those admitted to hospital with Covid are unvaccinated. Says it all really.

Morning all. Surprisingly busy in the pub last night. Everyone sat down. Bit on the cooler side than usual as they had the 3 doors all wedged open. I wasn’t in a draught, but I had gone prepared as I thought that they might do that.
S - glad someone is making some money on their trading. Well done.

GLA

For some reason the word beginning with r and ending in t has been replaced by asterisks

Thanks O. And I agree with what you said about John Cleese. I may disagree with some of his past or present political views, but they werent ****** or elitist in any way. So you can’t spring things on people like that. He’s not a politician speaking for a party.
I’m out for drinks and a bit of pub food tonight with old football friends. Half have dropped out over past 4 days. . 3 people on the double decker bus with all the windows open. One of whom is me.
Hope you’ve all done well today.

O - I thought the same that out on loan was the same as shorters, but I’m not sure. The statement made was:

“Stock on loan - 19.19 million
( increased yesterday - ouch…)
Cost to borrow 1.69 + 25%
( these figures don’t include any shorting activity today & I believe doesn’t include CFDS, & shorts under a certain % ) “

So, maybe they are the same, but 19 million out of almost 3 billion shares would be immaterial?
EUA doesn’t feature in ADVFNs list of 100 most shorted companies (top being CINE, bottom being AVV)

Apologies if I’ve asked before. Where do posters on our various BBs get their “shares out on loan “ numbers, when individual holdings are not required to be notified unless it exceeds 3%.?

Thank goodness the BoE have increased interest rates. Inflation getting out of hand.
I do say that from the comfort of not having a mortgage.
That said, If this country can’t take a 0.25% interest rate rise from virtually zero we are …….
Plus the frugal saver has been robbed of any real rate of return since 2008.
The news today had also halved my paper trading losses I’m holding with my bank shares and LGEN.