Member Info for PEAKDREAD

i know what you mean steve626 - selling at a high is the easy bit - buying back whilst racked with fomo is tricky - i can't say i've been particularly succesful using this technique - however sometimes it's better than sitting on shares for the sake of sitting on them. :-). as the shares i'm playing with using this technique are in a sipp i don't have to worry about cgt. the only other shares i've played with using this technique are in an isa - again no cgt to worry about.

yes ****nal17 - tax implications will prevent some from chopping and changing their portfolio in the hunt for a slightly larger share holding - especially investors like you with a "big portfolio". all the best :-)

"peakdread everyone has a different position some are long some are short it’s all about if you need the cash now if so enjoy your profit but fir me there is more to come !"

i'm having deja vu.... sorry, you may not have understood me ****nal17. i don't need the cash now (i'm a long term holder - very long term as many of my shares are in my sipp) however if a share rises and falls with a certain predictability (as rr has done for the past couple of months) i'm more than happy to sell some shares when the price is high and buy them back when the price is low. by doing this i increase my holding. i'm not "short term", i don't "need the cash now" - i'm simply exploiting the reasonably predictable ups and downs in the rr sp to increase my overall holding... obviously the alternative is to sit on your shares and do nothing - which is fine - however as i haven't any extra cash to invest in rr the only way i can increase the number of shares i hold is to sell high and then buy (more) when the sp lowers...

this appears to be what fastfitz was suggesting - a technique i have used myself.

hope this clears things up :-)

Good move fastfitz. Selling on a high and buying back when it creeps lower is (in my opinion) better than just sitting on them.

* share price bouncing from 302 (ish) to 312 (ish)

"peakdread you didn’t offend me but some of us me included hold a lot of shares and they are not in a sipp so it is actual cash now , i like others are looking a little further ahead so i’m not interested in buying and selling to make a quick short gain good luck"

i, like you, hold "a lot of shares". i won't go into numbers or values as i personally find that a bit vulgar. i, like you, am looking further ahead (it's in a sipp !!!!). however, as the share price has been bouncing from 320 (ish) to 312 (ish) quite regularly over the past 4 or 5 weeks i thought i'd try and take advantage of the (supposedly) predictability of the bouncing and attempt to sell high and then buy back low (therefore adding more shares to my sipp.)

your inability to scroll past and insistance of deriding my actions as some sort of day trading tomfoolery is indicative of a large number of posts on this board recently.

if i buy back the shares at 302 / 304 (ish) i will have added more shares to my sipp. obviously the alternative is to sit and do nothing and scroll through this board and see who i can deride and ridicule for not steadfastly holding onto their shares and doing nothing with them.

just because you are a lth doesn't mean you are not able to explore the opportunity to increase the size of your holding.

as i said (lightheartedly) in my post (which was simply supposed to be a bit of fun) knowing me i'll probably end up paying more for the shares as they surge in price. i "risked" 5 % of my total holding in rr in an attempt to gain a few more shares - for the fun of it. it says a lot about you ****nal17 that your first reaction is so negative and condescending.

why can't people just scroll past ??? (and not make assumptions).

rant over.

re: "peakdread some of us are not bothered about. day trading we are in for the long haul after all if you don’t need the cash why sell ?"

i'm in for the long haul too ****nal17. i was just having a bit of fun to see if i could sell at a high (ish) price and buy back at a lower price and accumulate more shares with the same money. i've sold a very small portion of my pot so if it rages forward leaving me in its wake all is not lost.

i don't need the cash (it's in my sipp so even if i wanted it i couldn't have it as i'm not retired or of retirement age yet). i was just attempting to have some fun. appologies if this offended you ****nal17.

i'll keep quiet from now on for fear of antagonising someone. lesson learnt.

Just a warning to others - I've just sold a few shares in the hope of buying them back when the share price dips..... if past experience is anything to go by this means the share price is about to surge forward forcing me to buy the shares back for more than I sold them for....

I bought at 6 and sold at 3.5.... and have now vowed to stay away from AIM shares unless I do some serious research - Thankfully I didn't lose a huge amount but it was a painful lesson to "not follow the crowd / believe the hype".

That's great knowledge you have on doors CityTrader. This incident however wasn't a door, it was a section of fuselage.

Foe someone who is so keen to criticise others (where criticism isn't even warranted IMHO (no one has stated the plane had RR engines)) you may wish to keep your not very accurate comments to yourself ShareFlyer..... "Loving the clueless press (and wannabe experts)… it’s obviously the overwing exit door which has failed (or been released)… not a window or fuselage skin section!!!!!" - from what I have read the only "clueless expert" is you ShareFlyer - It was indeed a section of fuselage which failed and not, as you wrongly state, an exit door - I believe at this point (if we are to behave like your good self) you need to be reminded to "keep up".

Agreed. RR need to announce it and let the SP rip....

There's only so long you can keep a "very big" deal a secret (especially if it's purportedly already signed) - I don't buy the RNS angle - look through the RNS feed above and spot how many deals are announced via RNS (I can save you some time... the answer is 0)

I wish Tufan would just announce this big deal and give the SP the shot in the arm it needs to break through to the 320's..... It can't be easy keeping a "very big" deal a secret....

Due to be announced "in the spring" is the best info we have...

So....

Excellent results +50p

SMR contract award (or majority of award) +50p

Return of dividends +50p

Massive engine order (from Thai or Emirates??) +50

Announcement of partnership with ??? and return to narrow body aircraft +100p

I've managed to get the price to £6 without breaking sweat :-)

"double forecasted revenue" - is that on reasonably good authority?

As Tufan has "bigged up" RR's earnings will we need to see significantly better than forecast to excite the market? Will simply hitting target be good enough? Simply hitting target will be a fantastic achievement however I worry the market just expects more and more from RR....

The relevant part of the interview is below - Unless I'm reading it wrong it suggests (by the context of the comment) that the big important order is for engines as opposed to an SMR deal.

Long-standing customer Thai Airways is finalising an order for 80 Boeing 787s powered by competitor GE (GE.N) after disagreements over pricing with Rolls, industry sources have told Reuters.

The move, which is intertwined with a defeat for the Airbus A350, follows a disagreement over whether Rolls could increase prices for engines on previously acquired 787s, in the event the airline added GE to its all-Rolls wide-body fleet, they said.

None of the parties have agreed to comment.

But Erginbilgic said in an interview on Wednesday that orders continued to flow despite recent criticisms.

"There is one deal, which is very important and big," he said. "We've made the deal. It is not announced yet."

Any guesses as to what Tufan was referring to? Is there a chance Emirates have backtracked? Have Thai airlines decided to go with RR afterall? Any other possibles? I seem to remember from the context of the conversation the big, important order was a Civil aerospace order rather than an SMR order.... Anyone got any ideas?

From BBC:

"This is the first major accident involving an Airbus A350 - one of a new breed of aircraft built largely of advanced materials such as carbon fibre-reinforced plastic.

Experts say despite the blaze, the aircraft appears to have stood up well, allowing time for those aboard to escape."