The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
NEX
An following on from my previous post, that's about me wiped out, SMT has tumbled, NASDAQ about to implode on itself and my biggest position about to call time. Let that be a lesson to anyone wanting to mix leverage with bad decisions. Tomorrow will be a bad day for me. If I had just stayed put the world would be a better place, black or red, (with the odd green in there) its all a gamble.
This is because it mirrors the NASDAQ not the FTSE and has done for the past 10 years except for a bit of leverage at say x 1.25
Have a look on a comparison graph like HL or similar
FJG et al, I am suffering as this creeps higher. I sold up, waiting as I set out. Never was able to get back in here, IG shut down SB's on SAGA which is where I held this position I was running a highly leveraged position and would be well up now, as anticipated, but now not to be. I am mad at myself as then just to add insult to injury I thought, damn all this trading rubbish, I'll just open a long term position in SMT and let the team there pick up the trading and I will not care, now that has dropped from the buy in price so I am just sat here watching the great team of people here make money while I look at a sea of RED. The only consolation here is the Long Haired General has a few SAGA in her ISA so I might at least get a drink out of this situation. I will just lick my wounds until the end of the year, hope SMT comes good in the end and my mini NEX position goes ok. I wish you all the best with this.
Dare I even mention the word : Afren
Many well respected HODL people here but if you wanted to move into exposure to Bitcoin with a new £50k do you do the following :
1. Take a standard position here holding shares
2. Take a leveraged position in ARB say 2x as I cannot see £1.30 being hit again
3. Take a position out just on Bitcoin price
4. Take a safer position on Crypto 10 Index
5. Use a different share to get balanced exposure
6. Mixture of the above
Appreciate your thoughts
SAGA has gone to Closing Only on IG SB but you can still place a position on CFD if you like.
It is net gains that year. set against your personal exemption. You cannot just leave it in your trading account. Net gains means profits minus losses made in that tax year, after deducting all other reliefs that may be available (such as losses brought forward from previous years). Following on from that, net losses in a year can be carried forward indefinitely and will be set against gains as they arise in future. The personal exemption is given for each tax year alone, and cannot be carried forward.
Hope that is a start for you. :)
Just had the news from crew centre, false start, not good news :
https://crew-center.com/norwegian-joy-getting-ready-crew-repatriation
Well, my buy order was in, 12 days before real news from Boris, 3 days above £3 one way or another, had it set at £2.80 but panic set in today and I pulled it, I feel we have a little more to drop yet so have moved it to £2.65 for now. Just sitting waiting and twiddling my thumbs.
It is “too soon” to book a holiday, Transport Secretary Grant Shapps has warned.
The Cabinet minister told BBC Radio 4’s Today programme that “people shouldn’t be booking holidays right now – not domestically or internationally”.
He went on: “The Prime Minister will say more about the route to unlocking this country, starting when he speaks about it on February 22.
Currently this is showing that it is slightly dis-jointed from being a pure travel related stock as the sector is taking a bit of a hit and this is the only blue I have on my screen in the middle of things like CCL, TUI, Easyjet, IAG etc etc (which is a bit frustrating in one way as I have a buy order in however it does show great resilience this afternoon.
Every cloud ........
BBC Radio 4 today .........
He added there were "significant implications" if it was the case that the Oxford-AstraZeneca vaccine was less effective against the South Africa variant, as it may mean "more restrictions might be needed for longer".
This is not good.
Rox' as you know, I Zigged and now am in a waiting game with my criteria in place. In theory I should be able to double my money on a 90p move and 540p would give another double if I dare stay in that long. I am still not convinced about May and more I read the longer we may be waiting. Anyway, we are set ............
Great little article, just keeping an eye out for ship movements due to the time needed to get the ships ready. If the company needs 12 weeks to get them cleaned, ready to run and have staff in place etc then the government needs to allow sailings to resume and that will need to be in the next few weeks or the first few trips will be cancelled. We may hear more when they announce about air travel week of the 15th.
https://www.thetimes.co.uk/expert-traveller/holiday-types/cruises/cruise-news-whats-the-latest-from-the-industry
Looking at the data, yesterday should be the last day with over 1000 deaths reported, the next big test being next Tuesday. I hope that is it.
Rox' I agree with that sentiment and some form of sell off of parts, asset strip or restructure once shareholders have held while it is all de-risked will be the outcome here. It is a big % to take without any intent on his part.
Enjoy the ride.
It's all a balance with schools a priority and the rest of the economy paying the price but members of WHO saying things like this have to have an effect on things. Might get my 2.70 entry after all ....
https://www.bbc.co.uk/news/uk-wales-55933328
Closed my position this morning. So here is the plan as I do see this as my main gamble this year ...
I will open back up my position with one of the following :
1. I have a buy order in at 2.71
2. If the share price is 3.00 or more for 3 days
3. Before the 22nd Feb announcement
So will be back in but just trying my hand at a bit of trading. All positions opened are at 3x leverage through IG and I dont like margin calls so think at those sort of levels I will be ok. Once it gets a bit of traction and we see that the ships are set to sail the it will just be left to roll on. I do have reservations about May along with some of the other operators like CCL so it may bounce around a little down here before we go and I hope to take an advantage of that.
Holding my breath now to see how this plays out.
A 36p div would make for a good 4% return on a share price of £9 which is another way of looking at the potential returns that will be available to investors at this price circa 14 - 15 % in a couple of years time not including the capital appreciation ....