Member Info for OracleofOldham

Buffaloben I wouldn't put it quite that way but was thinking similar that everyone seems 30 minutes ago that this was going to 400p + and yet dropping from 320 to 314 seems to have them thinking about leaving.
Unless you are day trading I recommend people spend much less time following the share prices as you will just over stress yourself needlessly.

One thing I've learnt is I can't control the stock price.
However I can control which companies I buy stocks in.

If you feel the industry has a future, you like the financials of the organisation, and the share price seems reasonable, you should be on to a winner.
You also have to try and take emotion out which is very hard to do especially when prices are going down.
I think you'll be ok with Contour but you need to make your own decisions don't be led by any tips on any board or website. What do they say? copying one person is plagiarism, copying many is research?
You want to research the stock before you buy and from time to time during your hold.

according to retailweek prospect they had £1.3 billion sales last year with only £173 of that online.
Wonder what Boohoo would do with it but possibly too big to digest currently.

If you aren't great reading book there is an excellent youtube channel called "The Swedish Investor" where he has read investing books and then does a 'top 5 take away'.
I have found it very easy to take in as sometimes investing books get a little 'in the weeds'.

Surprised with the drop as seems like a good report.
Perhaps caught in a move from 'lock down stocks' to 'reopening stocks' but I'm happy to top up personally as get feeling the UK don't appreciate how to value tech stocks.
Looking to hold this long term too so a pull back, especially on good news, is fine for me.

click on the blue 'post message' bar just above the latest post.

When I think Cine all I can picture is larry the liquidator (danny devito) talking about buggy whips in 'Other People's Money'

Well done anyone who caught this but I'm content not being in that stock for any period of time

also like the mention that they are doing company led testing so that should limit the chance of any mass outbreak and therefore large effect to business.

Courtier what are you worried about specifically?
Or is it just that you don't see anything bad and worry that you are missing something?

cinemas, pubs and cruiselines are sectors with no control over their near term future.
The rewards can be huge but with their openings dependent on the government (this government!) doing a good job over the virus personally the risk is too high for me.
Especially when you can be picking up the likes of Aviva, BP, Evraz, Imperial, and many others who are at 20%-60% discount on February pricing and are all so confident in their underlying business that they can still pay out dividends.
Everyone has their own investing strategy but the 'safe' rewards are big enough for me.

this seems like a good company to me which is why i bought shares and still seems like it should do well.
The seagreen business looks a great move to start diversifying into renewable market which hopefully will future proof it from any large move away from oil and gas.
Also decent debt level so i'll hold on and if other opportunities start to dry up may even add to my holdings but at the moment the rest of the world does not share my optimism here.

Looks like the media machine have decided to move on to someone else so shouldn't be too much more bad publicity for Boo.

theguardian.com/business/2020/jul/23/sports-direct-undercover-minimum-wage-mike-ashley

i had same issue what a coincidence.
Or you use HL too in which case the platform may suck.

yes this looks like a good company. strong financials and the world is only going to need more and more energy. Also good it's across different continents.
Only have a small holding presently but will be increasing over time as see this company as one to keep hold of.

It you are looking for guidance it's not a good idea to take too much of it from boards like this.
Best to look into companies yourself as safer way for you to determine your own risk tolerance.

For eg I may hear about companies on here or free emails like motley fool, citiwire, etc but if any company sounds of interest to me I will always then research the fundamentals or the org (free by searching company on yahoo finance, hargreaves lansdwon, etc). Paying attention to revenue over last few years, if they are making profit , level of debt, current assets vs current liabilities.
Also you really want to understand what the company does so you can understand what they need to be successful which again will help you determine the risk.

Anyway that's a little of what i do as a starter but definitely don't buy or sell a stock just because some people on here or other boards tell you it's going to the moon or going to zero.

Is the US market really that overvalued?
Possibly, but if you look around the world most it's not just the US that's back to near where it was before the pandemic. In fact the FTSE is an odd one being still about 20% down. I expect a fair part of that is still Brexit sitting on top of us. What the FTSE does not have is major tech companies. Basically there are two economies now the online world of amazon, msoft, facebook, zoom and indeed boohoo and the offline world hsbc, rolls royce, m&s and Aviva.
If you look into the the US market, outside the main tech guys it is still very low (Delta, Carnival, WeWork for eg). This pandemic has caused a massively damaged the offline world and most companies that do business in it but has actually been a blessing for online companies hence they are the shares that have been pushing up in value.
Boohoo is in a good position because of this and the share price should have a lot of upside and when we do come out of the recession they will have a lot of new customers who have moved from bricks and mortar stores.

Long story short there could be another stock market crash but not to retest previous lows and if it stock market does drop 10% or so it will again be the offline stocks that take the brunt of it.

apparently the link was blocked,
just add www. infront of the below if that works
theel1tetrader.com/2013/01/lse-closing-auction-how-it-works.html

It's a way of determining the closing price.
Different exchanges use different mechanisms.
It's a bit complicated to explain how it works and to be honest not too important to worry about but the below may help.

http://www.theel1tetrader.com/2013/01/lse-closing-auction-how-it-works.html

I like Rolls Royce as a company insomuch as they are very important to defence so government won't let them go bust and they have a very strong moat in that only one other company makes engines for wide body airplanes (more than one aisle). Also that they are looking in the next few years to start building mini powerplants.
However the level of debt is appalling and even if they don't go to the wall how much of any profits they make will just go on servicing it?
Also until airlines are back to normal there will be little need for new or servicing of engines.
Your friend may do better putting money in IAG or Easyjet first then once they get back up move some into RR but even they will take 7-8 months to get back to normal at earliest.

All my opinion of course but RR is one I have on my radar just not until the airlines start to recover.