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So your hot tip is to invest in a fund? You aren't by any chance the infamous Mr Hargreaves himself are you? I'm afraid if your 40 years have only taught you to rely on someone else to make your judgements for you then I'm not impressed. Just on the off chance you were happily thinking that you'd ruffled any of my feathers, I don't really mind about your opinions; I'm happy to stand by my own choices, right or wrong. I've not lost any money on this share (yet - as you say, investing is guess work, but it's educated guessing and so long as you're happy to hold long term, it's not equivalent to placing a bet). I just like to challenge people who use hindsight to try and sound superior to others - you mentioned a lot of 'quality' companies everyone should have been investing in instead, which if you'd tipped before they rose then I'd sit up and pay attention. As I say, if you do want to put in suggestions of any alternative companies going forwards, perhaps I'll sell out a couple of pounds up and try them out, but I personally find that the past performance of funds is a poor basis for making future investments. As it is, I won't be taking your investment advice on this share, but thank you for offering it so freely.
Btw, i got in here at 176.7. I've had it on my watch list for a couple of months, but always felt the profits weren't high enough for the mc, even with the potential. Personally, I think the long term potential is still there, and the profitability on the core business gives enough support to the current sp to limit the downside. Just my opinion.
I'm curious, since you're such a self-professed trading expert, what are your tips for 2014. I'll make a note and track you down in a year. It's all very well quoting shares people should have been investing in (even I can do that), but a 'quality' company is only any good to a trader if that quality isn't already priced in. You never know, i might even take a punt on one of your tips - I'm not proud.
Good result! I'm enjoying being right for a second time this year, but that's all I've got to show for it. Perhaps I should listen to myself more! Continued good luck to al holders! Elsewhere, many thanks to whoever recommended GBO to me, I'm finally sitting on a tidy paper profit there. May sell out if it gets to 70p, unless there's some cracking news. Overall it's been a nice blue Friday!
Is that rbrand by any chance? I stumbled across that on another board, but I can't remember which one now. Thought about joining in, but then I thought I'd save myself the ban. Ur not the first person I've seen him(?) argue with and I'm sure you won't be the last!
..this morning. Looks a very good prospect at this price. Should be able to turn a profit for 13/14, and with the new revenue stream around the corner I can't see why it dropped. The options in the rns are only 0.1% of the shares, so watering down isn't going to worry me yet unless I've missed something. I'd be interested for any views of longer term holders.
Yup, I'm in IMG still since buying a bit prematurely at 191, but still think there's plenty of retrace in it yet. Thought about topping up at 162 and actually had spare funds but didn't for some reason and missed the boat! Shoulda, woulda, coulda... I've gone into SYM now, which I stumbled across the other day, which I think has shed loads of potential at the current price. i wish I'd got back into esur in high 230s but again didn't have funds. Still looking good for that 280, but i think it's a longer term play if you want much over 300, and I'm not sure I'd top up as high as 279. I hope it gets there for you tho. Atb.
New ground upwards. Are some of you still in there to benefit?
I know no more than you on esur. I sold out last time it hit this sort of level, so I'd be a hypocrite to tell you to hold. I sold mainly cos I wanted buy another share, and i thought a short term retrace was possible. Mainly it was my impatience. My advice is think back to your targets when you bought in, look at your profits in light of that, and if they're enough then take them. That's what I've done on snty, which may keep rising, but you never make any money in this game if you never crystallise your gains!
I had a quick goosie over afpo, but must admit I didn't go too deep into it cos I was quickly turned off. It looks like a high risk small mining venture to me, and my experience of those is that picking the ones that will fly is more luck than judgement. Also, I think the short-term ship may have sailed. As always, high risk means potential high rewards if it does pay off, but not my cup of tea. If I was going down that road Id be more tempted by REM at it's current price, or BMR, which I was in briefly previously. Don't believe anything BMR management say tho.
I'm right - SNTY brought home the bacon! My 280 target here looks a little less silly after today too. That's enough bragging for me tho, not very British. Will have a look at AFPO and get back to you with my thoughts, always happy to be pointed towards an interesting share. Gla!
It's been quite nice to have a break from checking my shares a number of times daily: as they were all down I thought I was unlikely to miss much by paying less attention. A couple have bounced up a bit now, much to my relief, so I'm back. I still think IMG has a lot of potential from its current price, and my preferred share for 2014 remains SNTY, but as all my recent tips tanked, what do I know? As for esure, I'm sticking with 280 as a reasonable target price, tho I'm out atm. Gla for the new year!
I thought the same thing. See JohnLaw's post on Monday.
Ouch! At least I've still got my other hand! Merry Christmas mate, c u in the NY.
Nice rns over on come this am. Any of you still in there, I can't remember?
Smdr was certainly very good timing. I think kaz isn't far from turning, but I probably won't be in, cos my other favourite trading share on the ftse, img, took a huge dive. I set a speculative one day buy price at 192 as i got into work this morning when i saw it 20% down at around 208, and was quite surprised to find i owned shares as i left work this eve. I'll have to see just how bloody my hands are tomorrow morning...hopefully that falling knife will have spared some of my fingers. As for esur, i don't expect to see anything too dramatic in either direction, but what do i know?!
...and that's fair enough, but there's still a lot of potential here. Market cap of £10m when just one project has npv of $70m, which with funding is feasible to be up and running within 2 years. Rights issues aren't as bad as some think. Sure, your holding is diluted, but the coy's assets increase by the capital you put in. The pull on the sp is mainly whether the share will survive, but the business model seems attractive long term, so I think it will. I'm not in this share atm, tho I contemplated it at .33p. I'm still interested but have to be selfish and look for the best entry point. However, if I were in already I'd take the rights issue and put em all in the bottom draw. 5 years time even those who bought in at the heights may be in profit imho.
I've gone for JIL and GBO at the moment. Sold a small holding in another share for a small gain today, so will keep monitoring KAZ and the drops in RPO and SNTY, but it would need to be a really good entry price to warrant the fees on a small amount. Looks like your punt on SMDR was well timed Hottentot.
Thanks JL, as you can probably tell I'm still learning about these things, and as all my transactions are in my ISA I've not had to worry about registering. Mind you, I suspect I won't be selling anyway, as it's bound to have a significant dip exdiv, so I plan to hold and see where it goes. The fundamentals look good to me.
Lol, thought that might be it! yup, looks like I was well off the mark with kaz! Maybe I underestimated the will of the shorters. Anyway, that's definitely a share on which you don't bet against the trend. Unfortunately that makes me almost certain to miss out when it does rise. Looks undervalued to me now the debt risk has been mitigated. Also frees up funds for a possible divi.