The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I sold £20K worth yesterday ,to bank the loss in my investment account, for tax reasons. I will buy the £20K worth back in my ISA. Anyone buying at these prices will do well
Hope/ the reason the EY report is irrelevant ,is because we paid for it
getagrip/.your another no nothing newbie. "the gods laugh at those that judge" , Its like saying you would never fly a airline ,if they had had a crash.
Hope/ i dont know what point your trying to make. You obviously havnt been in this game very long. Remember Arthur Anderson(the giant american firm). A fine to a accountancy firm is like a yellow card to a footballer
AI,them "c-suite members of staff" turned a start up into a 11 billion dollar business.
"dont tell him your name pike" I met Jimmy Perry, a real gent
claire/ are you long DT? If so ,will you be selling?
Win/we are also connected to Stanford in the US. So we have first class breeding .
Our CEO has stated many times that our technology can be used for other uses. The trouble with technology is its forever changing. That is why i tend to top slice when in front and go "Free and Clear" ASAP with technology stocks
AI/ short term i think we will revisit the October lows. Medium/Long term above the all time high.
At the moment we are swimming against the tide, when it turns we will be ok. It might take a year or two. I think there will be a lot of M+A in our sector in the next year
I cant see the E+Y report affecting the SP "He who pays the piper calls the tune". The problem is with rising rates ,we will now have a credit crunch and illiquidity in the market.
Plunger/ Its just a "second opinion" to calm the market
Watchman/ as for the "takeover scenario" i think the buyers thought the market was going to come off. They or others could come back in, who knows. I am 40% down(about £280K) on this but iam still confident. You have probably heard it before but you dont GAIN or LOSE until you SELL. In over 40 years of investing i have only bought and sold 25 stocks(18 winners, 7 losers) I look at hundreds of companies. If DT ends up as one of the losers ,sobeit . Also the picture could look a lot better next year, the war could end, the FED could pivot and inflation could be at 3%. If only i had a crystal ball
Watchman/i started to change my portfolio(which is a bit of a joke being i only now have 3 stocks!!) when the Central Banks started raising rates. I was in small growth stocks ,i sold out of the last one about a year ago ,they have all crashed since because of rising rates .I sold Lloyds Bank a few months ago ,although i like Lloyds. Higher interest rates helps the banks but Lloyds being mainly a UK retail bank and the biggest mortgage provider ,rising rates ,will lead to high consumer debt and bad loans. I bought the LSEG, GSK and DT. My thinking there was the LSE as been going for over 300 years ,great company ,they will get hurt in a crash but will be one of the first to rebound. GSK people will always spend on health and we are living longer. DT i bought because businesses will have to spend on Cyber Security even in a downturn.. I am also now holding 30% cash. The higher the interest rates go up, the more negative i get
Panda/in 1987/88 interest rates went up to 15%. Marriages broke up ,many people lost their jobs and houses .I saw that one coming by studying the "Y2 10YR inversion chart. I sold my house in Chiswick and my share portfolio. I put the money in the bank at 15% interest rates ,then started again 2 years later, i made a killing. The debt levels are a lot higher now, the crash will be a lot bigger. The Central Banks got it wrong then and they are getting it wrong now. As for the ECB they are a joke.
get/your sad.
get/ive never read so much nonsense. Inflation is falling. When the FED raises rates it takes a year to 18 months before you see the damage done to the economy, but they keep raising. In my opinion they should have stopped at 3% . Its not only the rates its all the rest of the QT (Bonds, Assets). You only have to look at the 2Y 10Y inverted yield curve to see that we are going into a recession and a stock market crash. How many people will lose their homes ,before simpletons like you,get it
get/regulation bought in after the 2008 crash ,compelled the banks to hold Government Bonds. With the FED raising rates(to what i consider a ridiculously high level, considering the level of household debt) which in turn devalued the Government Bonds. Of course the reason they give is inflation ,which in my opinion is temporary caused by QE
Our few bob and the $25M revolving credit facility are now with HSBC and you dont get much bigger than them. Just bad management they should have hedged when the rising interest rates decreased the value of their US Government Bonds.