Member Info for OWLS

Looks like 240p is not good support.

TB, I agree with that comment.

It was your previous comment that I didn't agree with,
ie " There is always a share price drop the following trading day as people who have stayed in purely for the dividends exit"

Yep a very good day. One of my best investments recently.

"As a long term buy OCDO is a no brainer..."

There is no such thing as a "no brainer" (unless you have inside information).

I expect at least 40% of my investments to lose money.

TB, "but the day after is ALWAYS a down day, no matter what stock or what the market conditions are"

Do you have evidence to support this ?

Always something going on with FXPO, fantastic profits if you time it right but it's a rollercoaster ride.

Bobster beat me to it !
So I'll be optimistic this week.

£6.95 (why not?)Givingthelowdown
£5.20 Gordon Albert
£ 5.13 Collin
£5.08 Bacchus
£5.02 NSS
£5.0000000 PT
£4.94 Ratboy (same as last weeks guess i think :-)) once 5.00 is broken we will be laughing
£4.81 OWLS
£4.80 Bobster
£4.75 Not My Job
£4.60 peterlowen

I remember similar comments when London and Amsterdam bought large amounts at near £19.

They were well informed but still got it badly wrong.

Fender, I am well aware that the FTSE can go down as well as up, I am referring to averages (I assume you know what an average is?)
On average the stock market returns 5% + after inflation, currently cash returns -10% after inflation.

There are many factors that affect a share price, not just one broker upgrade.

What is the benefit of buybacks compared to dividends (or investing the cash) ?

Thanks. That's 2 times out of 3 I've won, I wish there was a prize !

My method ?

I simply have no idea what a share will do in any given day or week, I am not a fortune teller. Therefore I assume that everything else being equal it won't change much at all.

I know that most of you think it's undervalued and that several of you believe in the consiracy theories that somehow "they" are manipulating it. However to me, the only real value is the market value, this is the combined knowledge of many thousands of investors.

I have been investing for many years and my basic advice is to be well diversified, follow momentum and don't get emotionally attached.

Fender, I agree the £100k will become £103k but after inflation you will only be able to buy the equivalent of £90k worth of product, i.e. you have lost 10%
The stock market on average produces a return of 5% after adjusting for inflation. Therefore if inflation is 13% you would expect a return of 18%.
So £100k would end up as £118k which would buy the equivalent of £105K.

FENDER.
I notice that you don't answer my question "How are you able to time the market ?"
There probably will be a recession in the future but you do realise that this will already be incorporated in share prices ?
The market may go down 10% but you will be no worse off than if you were in cash
The market may go up 10% and you will be 10% better off than if you were in cash
So why hold cash ?

FENDER
"Oh dear me Owl Yes so if that’s true and this is the size of your portfolio then you are now only a 100k down since you didn’t take my advise , pathetic grow up you are now letting yourself down and being an embarrassment as well as dishonest , tell the room how much you have lost in the last 6 months. 200k ? Probably more"
You do realise that the FTSE100 is up 3% over the last 6 months ?
I am down but nowhere near £200k. I understand that shares can go down as well as up but generally they go up.
I was just reading a comment from a top investment manager "Cash in the current high inflationary environment is losing money in real terms. Time in the market is better than timing the market, which is notoriously hard to do"
How are you able to time the market ?

Yep, did seem a bit OT, but there again I rarely understand share price movements.

Up 4% today relative to the FTSE.

A bit premature, down 2.6%, not nice

FENDER.
"I give you some advise take it or not .sell the lot"
Phew, glad I didn't take you advise, I would have lost out on a £40k gain today.

KRSS reported for cross ramping.

KRSS reported for cross ramping.