Member Info for RogueRiver

Reports of the death of the aviation and tourism sectors have been greatly exaggerated. As surveys have shown, there is a lot of pent up demand building up out there. Personally, I can't wait to book another BA holiday to NYC. Best flight + hotel prices I've ever found and excellent service too.

The market often looks beyond the current numbers. Perhaps the market sees better growth potential in Clipper than it does in Wincanton. Who knows?

Also, much of Clipper's activity is very e-commerce-centric, which probably means it is going to grow exponentially over the next few years (and months).

Today I applied to take up my rights in full. Glad I did, as I could see me kicking myself 2 years from now, with the SP in the 150-200p range.

The entire travel and tourism sector has suffered badly today on the back of some particularly melodramatic headlines. IAG will still be around when the dust has settled post-Covid. If you're invested here, you should be looking 2 years ahead, not 2 days. Besides, it will only take a bit of good news on the vaccine front to bump the sp right up again.

@razsad
Ouch. That puts my current portfolio losses of about £3k into perspective. Don't beat yourself up. Even the 'best' (think Woodford) can lose badly. As for the government, yes they are pretty inept at the moment, but share prices have fallen everywhere due to the pandemic, so this is far more than a question of government competence. Once the Brexit and coronavirus debacles are behind us, share prices will bounce back. The economic landscape will probably look very different two years from now.

Clipper's all time high was 485p on 9 Jan 2018. Its operating profit has risen by 50% since then . I think we will see £5 in the next few weeks.

Indeed you have. Hang in there for £5.

That's two of my currently best-performing holdings (the other being Clipper Logistics) that are now sponsoring LUFC. (Albeit I did buy PPC very cheap.) The sponsorship could be a lucky talisman. Just a shame it wasn't Huddersfield Town (getting promoted and doing the sponsorship).

I held Capita shares and took up their RI. As a result, my average was 27p. I sold them earlier this year at £1.70. Needless to say, I will be taking up the IAG RI. I might be unlucky this time, but then, I can afford to be.

I could see it at £4 in 3-4 years time. Covid seems all-consuming at the moment, but it will pass, as will all the drama and hysteria surrounding it. Attitudes and habits will quickly revert to the norm. That’s just human nature.

As per the RNS of 13 Aug, the final results will be published on Mon 24 Aug. If they are good, I can see the sp rapidly topping £4. If they are disappointing (unlikely, given recent updates) say hello to the late 200s again.

The 'fruits' here are 5% pa. If you bought on the dips over the years (as I did), you're quids in.

Not sure how 5% pa could be described as 'never never'. A lot of people would kill to be earning that sort of return in a savings account. It's definitely not a growth share, but the steady earners rarely are.

Hightrack

Unfortunately, the boards for some of the more popular PI shares tend to become general talking shops for all kinds of extraneous crap. The Sirius Minerals bb was another case in point - until it was put out of its misery. Some say it is harmless, but when you have to wade through pages of rubbish to find something pertinent, it can be annoying.

I’m not impressed with the “Built in Wales” badge in the DBX. Foreign buyers wouldn’t be impressed with “Built in Sussex” on a Rolls. What’s wrong with “Built in Great Britain”?

Hate to say it, but the AML bb is looking more and more like the Sirius Minerals bb - boundless optimism in the face of terrible figures. Aston Martin will live on, but I have a nasty feeling holders here won’t be walking away with even 5.5p when crunch time comes.

I’m tempted to buy here, but their debt is eye-watering and, at this rate, they look priced for bankruptcy. I think a lot of people speculating here are caught up in the glamour of the product, rather than looking at the fundamentals. Of course, others will be well aware of the many negatives, but happy to take a punt anyway.

If the company goes bust, Aston Martin will go on, as has happened several times in the history of the marque, but holders will be left with nothing. I might have a small punt, but I’ll feel more comfortable paying 35-30p, which I think we could well see again.

Could see JLG benefitting from energy-saving schemes to be announced by Chancellor tomorrow.

About bloody time too. I paid 305p nearly 2 years ago and this is the first time I’ve been seriously above water. Always thought they were very undervalued, but the market has taken its own sweet time realising this, with a white knuckle ride en route!