Member Info for sammacleod

For once, in a long time, I feel a bit better now with MARS. Having gone horribly over exposed at the end last month in a fit of pique, I have taken the some of the short term gains on my 36p and 37p buys and reverted to my long term core holding plus about 40%. More importantly my carrying price is now back in the black today...hurrah.

I only see upside from here in the medium term - bumps along the way I am sure. As always DYOR.

Had lunch in pub garden yesterday. Not mad busy but not many empty tables in or out. I understand the pitch to government for free money...who wouldn't. Of course there is no such thing as free money but why not ask.I don't reckon it is going to be as dire as the media want it to be. I think there is energy price regulation coming that will constrain things. We will get through the winter and MARS will look cheap at 35p. I have topped up this week....May get burnt, but if I do at least those nearby will be warm....

I suppose we are all traders if we buy or sell a stock, but I never think of myself as a trader per se as I "trade" infrequently.

I have bought and sold MARS quite up bit through the ups and downs over the years and generally kept above water. More recently I have been convinced that the business is undervalued and have bought all the way down.

I have not done the numbers but I would thought that my averaged down entry price is now in the low 50s after the latest blocks I bought in low 40s.

If I was being rational I would say as I was over exposed now but I console myself that I have put less into MARS this year than my BP and SHEL are up.

Time will tell. Can always tell Mrs M to stop shopping at Waitrose.

Not a trader. I do live off my investments though.

I appreciate the sentiment on tobacco but then my BAT are 20%+ yoy and IMB about 13% plus I have had 7% Divi from them so they may be old hat but they put bread on the table and vino in the glass.

Other sin stocks - oil and booze doing pretty well too. Defence stocks zipping along.

Not sure about hydrogen hopium and windmill stocks, I still think that particular bubble as some deflating to do based on fundamentals.

So no, not puffing stocks and no double secret mates with amazing insight - I just think the whole pub sector is undervalued and will ride out the current bumps better than people think.

As always DYOR.

Always struck by the abundance of horse guano surrounding MARS . These chat forums are a great source of info from the people with the inside track from "secret" reports and their mate down the pub.

I think things will work out fine from here. I have no particular insight beyond the basic - if there is going to be a recession buy beer, fags and carbohydrates. 45p is low for this stock on a 2-3 year view, even against the sector, which is oversold.

I have added a few times as we have lurked in the low 40s. If we do hit 41p , it will be disappointing, but I fully expect to be well ahead come this time next year.

Not that strange. A technique to hold price in a given range while nominees are building below declaration threshold stakes.

All has to unwind at sometime and it is definitely not market manipulation.

Looking at the last month trades, I have formed the view that someone is stake building. There has been a pretty solid floor under the daily share price pertubations. Any significant blocks that come up seem to be consistently covered.

Anyone get the feeling something is afoot? Watching the trades, their is consistent underpinning buying. Should be pressure the other way given the dreaded virus and the political situation, but moving gently positively outperforming market for a few days now.

Nothing imaginary about me....

Had an account for donkey's years, but only use the resources rather post about blah.

Traded MARS for all that time - only posted today as I could see what was coming and had an inkling the budget could be a catalyst.

As always.

DYOR

I can hear some squeaking....is that the wheel on the barrow or the barrow boys pips?

The squeeze is getting tougher.....expect some more upside on good news and some forced position closing.