Member Info for OWLS

These are forecasts and most forecasts have proven to be incorrect. They are often politically motivated and they all use the same models so they obviously come up with the same answers. All these sources predicted a major recession after the Brexit vote, it didn't happen. None of them predicted the last financial crises. There are too many variables involved to make forecasting anything than an educated guess.

The facts we know are.
We will have £39,000,000,000 extra to spend.
The head of the WTO said an open door awaits the UK.
We will have lower corporation tax, greater labour flexibilty, a universal language, financial expertise, a skilled workforce and some of the best universities in the world.
We will no longer have to impose EU tariffs on imports, lowering costs.

DALLO,
How do you know there will be an economic disaster?

If SP was based on pure fundamentals then there would be no opportunity to make any profit.

I bought these 12 months ago at £3.55 based on my momentum analysis. I hold for 12 months and then sell and replace them with what is then at the top of the list. On this rare occasion it is still Ocado.

I have more than my normal weighting so I have sold a proportion of £8.06.

The net effect of this is that I have £11k in cash and still hold 3,000 shares.

It would have been a pretty awful year for me without Ocado.

Don't read Motley, they are hopeless !

ACA is still top of my list based on momentum. It has helped to reduce the impact of the losses on the rest of my portfolio over the last month. It looks to be a good hedge in these turbulent stock market times.

NOKESA,
You obviously don't know what the bottom is so why bother with your pointless comments.
The time to buy is when it starts to make a sustained recovery.

NOKESA,
I have no idea to be honest what the price will be in the short term so I don't attempt to make a prediction. I suspect it will continue to fall and at some stage momentum will change and it will start to reverse. Not quite sure what you are trying to prove but hoping the price will fall is rather irritating to those who are invested.

NOKESA,

I don't think anybody will learn anything from you. Random price predictions without any reasoning make you look like a bit of an uneducated idiot.

I'm afraid I have to agree, when I 1st watched the owls in the 70s it cost me 40p to get in. Half of the players were born in Sheffield, these days you are lucky if half the players are born in the UK. Most of them are journeymen with no real affinity to the club or supporters.

Some people do seem to get very defensive about "their" companies and take great offence at any criticism of them.
Personally I have no emotional attachment to any share I own and will quickly sell if the reasons I invested in them change.
Some you win, some you lose, if you win more times than you lose then you should be ok.

Pat2014, I assume you support Blackburn. Both of us remember the good days I suppose.

I received a bit of grief on the BDEV board for buying ACA rather than BDEV. I haven't had any comments about it over the last few days !
There was some mention of ACA being a serious risk due to a poor Altman z score and a poor Greenblatt score. I must admit I don't know anything about these, anybody have any views on them?

I wish I had only lost 10%, I bought in at 254 in April 15. I was going to sell in March 16 at 241 but foolishly was persuaded by members of this BB to hold on to them. You know the usual arguments, "a takeover is imminent", "fantastic new CEO will turn the business around", "never sell a share at a loss", "you haven't lost any money until you sell the shares" etc.

Currently Woodford is under performing, I don't think too many would dispute that.

I don't take too much notice of your posts, you do come across as rather arrogant.

3 weeks ago you were bragging about how well you were doing with BDEV and how the rest of us had "missed the boat", since then the price has dropped 9% to a new 12 month low.

Also you told us how risky ACA was, fortunately I ignored your "advice" and am now sitting on a 22% gain.

Given his recent track record, having Neil Woodford as the main share holder wouldn't give me much confidence. This is the man who invested in Capita (lost 90%), Provident Financial (lost 70%), AA (50%) just to name a few.

I've done very well here but any reason why the price has fallen 34% in the last 4 months?

What work will move abroad ?

If costs of imports go up then perhaps we can start looking at buying from elsewhere or even producing these products ourselves, creating more jobs and income for UK companies.

Do we really need BMWs (most Japanese cars are cheaper / better), French wine (Californian, South American and Australian are often better), Danish pork (we have closed many facilities in the UK over the last 20 years).

Let's use the skills we have in this country to create quality jobs producing quality British products.

DALLO,
I believe we have a trade deficit with the EU, i.e. we import £70b more than we export. Hence the comment that they need us more than we need them.

I've tried but he's of a certain generation that doesn't like spending money.

He refuses to put the aircon on in the car in the middle of summer because of the impact it has on his fuel consumption.

If it was me I'd be sunning myself in the Caribbean !