The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
going.....
will be read very shortly on this share... sorry, but its plain as can be.... There isnt a bargepole long enough to get me touching this one anymore......
good article on Renishaw today... All about China... problesm getting good staff... £35mn for 6 month period and mgmt expect continued growth... Good solid company, world class products. multibagger over the past 12 months.... 20% more to come over next year would not be a surprise....£1bn mcap good safe bet.
RNS http://www.investegate.co.uk/Article.aspx?id=201011220730015650W
and whilst Mily is talking sense aboyt building with blue chips, I think you are young enough to "aim a little higher"... risks taken early that go well will give you leverage for the the next 10-15 years... risk that goes wrong will require a small increase in your contributions to get back on track.... remember you need approx £100k (after taking the 25% tax free lump sum) for £100 / week (very roughly... but its the calc ive relied on for some time now..) I would imagine there will be losts of changes over the next 10 years, so dont worry too much about it..... just get into a share with a % of risk, for the maximum growth..when you reach 50, look at it again...
sorry fellas can I butt in too ?? (Sipps are a passion of mine...sad..) Ive been writing to Steve Webb, Pension Minister for policy change. He has for about 2 years been going on about "Early Access" to pension funds at ANY time of your life ...(under certain circumstances...) and this, it has been calculated would pump £65 BN into the Uk economy.... I have a SIPP that I started 15 months ago, with about £220k, which is now about £960K, purely from some lucky, and some calculated share deals... I am just about to move to a VERY flexible Platinum Sipp where I have control of my CASH for valid purchases, including commercial property etc, without having to set up Property Sipps... Its kind of an all in one wrapper... If you have 20k or so, and are in GKP, leave it where it is !!!!! wait 2 years, and it could EASILY be 60-80K and trust me you are going to be hard pushed to trade and manage enough deals by trying to chase profits in other shares to achieve that sort of rise...Understand that GKP will probably produce 10 or so RNS updates over the next couple of years, with updates, OIP no's, and the final one will be "Takeover".... and you need to be "at the party" to get the goody bag...the T/O number could be anything ... seriously...think of a number and double it... I know its hard when you see other shares moving up and up and GKP sits still, but you have the one thing that makes a huge difference..... TIME.... so unless Webb introduces the policy change of Early Access in the near future you dont need to worry about whats happening to your cash.... Good luck.
just having a little chuckle at your 12.20 post... doh !! good luck..
nonono dig deeper..... it aint pretty... cash for a couple of months, then its back for more cash.... be VERY carfel.
Guys, hate to say it, but the writing is on the wall for EFD... Even if it secures future funding, the cash requirements keep coming, and there is simply not enough coming back in... This donkey has had its day. Administration is inevitable. Rob Lloyd is out of his depth. Good luck all. (not a de-ramp - wouldnt buy this now if it were 1p... )
just thought Id say hi, as you seem to be speaking to yourself !! lol
With recent RNS over director dealings and extension to option entitlement (wonder if he knew what was coming !! lol) I reckon this is a 10-15% rise today
Morning... so this is where everybody sneaked off to eh ?? Mikey - dont forget your favourite --- Evolution Securities !!! supposed to be results day I think.. off to auction to day... good luck all
Inside back cover is a small article about David Murray Smith saying he is staggered that Rob Lloyd is getting involved with Portsmouth given his financial problems.... (David Murray Smith was Lloyds trainer..) hmmmm
especially with (imho) a generous spread for sellers.... that could open up to 25% plus in the blink of an eye...
if you are holding at 2.3 - 2.5p plus. absolutely no volume to speak of.... You have to decide quickly if you are in or out before the 100million 1p shares come in to play...... for the record.... Im out.... this is not a de-ramp, and YES I do want EFD back in my portfolio.... but at 1.5p !! suggest you join me.... or tell me to p155 off... I dont mind !! lol
:)
before the strom.... ?? but will it be a typhoon washing away the share price ? or a hurricane whipping it up to a frenzy ???
thoughts.. yep.. its 10m now and 90m to come !! still think its 3p of anyones money, but a dangerous share at the moment simply because there are a lot of people being sucked in, so of course they will keep the proce at 2.2p or so... when enthusiasm wanes, this will drop to 1.7-1.9p range. If shares get short, then it will rocket... but it really depends on the 10m and 90m.... what will they do ??
Newcastle have a riduculously large following for a championship team, and thats giving them the finance they need to compete for transfers into the club for next year. Portsmouth in the championship, will see the gates dwindle to 10-12000 and they can forget the premier league without a decent manager and a core of talent. I dont want to turn this into a football debate, but I genuinely dont see buying a failing team, (financially and footballing) as a good move, when next years revenue will be less than half of this year, even with the parachute payment....
this (imho) would be a terrible move for RL. Ever watch the movie "The money pit ?" if EFD gets caught up in this you may as well flush your cash down the loo. Seriously hope this does not happen. I want EFD to prosper from its core business and concentrate in getting these sites moving forward to sale. EFD is a little golden nugget, and just needs time and a bit of patience. Think the pressure on the sp is starting to ease a little, and as this happens i would imagine the spread opening up a bit. Hopefully for me this means a slight retrace (now revised my re-buy in to 1.7p) hopefully for EFD holders it will keep pace and should see 3p end of month. Good luck all whatever your game.