The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Again gents some very informative and helpful posts. I particulaly liked the article by Paul Scott, was well worth the read, I quite like the fellow, will be reading more of his articles ! With regards spread betting, personally not for me, to much risk, and that from someone who used to race motorbikes for a few years whilst working as a London motorbike courier, I guess we all grow up and learn self preservation eventually 8) Nothing wrong with spread betting and I understand the tax benefits but just not for me. Stop losses I haven't used yet and am guilty of holding a falling share, it is a very hard psychological barrier to break taking a loss and I find it very interesting that the logic is inescapable but you still think there may be a turn around, you learn as much about yourself as the stock market when you get involved in investing/trading! I would like to think in real life I am fairly analytical and logic based but have bought a few shares all the way down, just been lucky non have tanked completely, but also realize I could have jumped out at a five/ten percent loss and then made a few percent a year in another share rather than waiting three years just to get back to even! Must try harder in that area 8) Books have arrived but three small children and legoland took up most of easter, but when they are back to school next week I hope to get reading and some of you more technical conversations may make a little more sense to me. Have a great weekend lads and lasses!
Quite amused at the flurry of new posts here, whoever said it's just a quiet hold" made me laugh, thats been my strategy for a couple of years now and gently topping up here, fortunately with this share it seems to have worked. Now completely off topic, please continue as much of you conversation on this board in public as you feel comfortable, it's been very informative reading the previous few posts and I have even ordered a couple of books. My investing style consists mainly of hunches (very bad I know) and a little financial research, only been at share investing for 4 years and although no big losses, no big gains either! So what seems like sane reasonable advice as the last few posts have provided is very interesting even to "lurkers" like me. Thanks for your contributions gents! Regards
Well i just bought in, a niche company, small divy and in a nice niche market. Unfortunately sales are down on all division except aerospace which was flat so profits below expectations, but in recent times I personally think if their still making a profit and payin a well covered dividend worth a punt. All the usual DYOR apply. Regards
To be honest Edge I couldnt give you a decent answer, but I personally will be holding. 4% dividend is okay with me and as I'm 30% down on when I bought it seems a little to early to take the loss just yet. Just my situation and thoughts, in no way meant as advice.
Many thanks King, appreciate your comments.
Interesting upswing today, anybody got a clue why?
Sometimes ya just got to take a punt, this is mine for the year.......Sometimes they pay off sometime they dont. Seasons greetings and a good new year to you. Hope your investments all turn out well for the next year 8)
Well I could resist no more, I bought in today as a wild gamble, would like to say recover play and see positive upside and how due to my charts it will rise again etc etc but in reality I see this as a gamble and have invested money I can afford to see dissapear tomorrow. Still better chance of winning than playing the lottery though so who knows lol Hope it doesent but
I think I need someone more experienced in this game than me to explain what this share actually is! Share only listed at the start of this month, but who's buying , why they are buying and any other detail is beyond me.................. A third back in a day is interesting though 8)
Junior bio-tech firm Renovo Group (LON:RNVO) got the go-ahead from investors to proceed with a share buy-back programme. Following today’s AGM, in which all resolutions passed a shareholder vote, Renovo can now carry out its plans to step down from the LSE main market onto AIM and concurrently it will buy-back up to 25 per cent of the company’s share capital through a series of ‘on-market’ transactions. In February ReNovo shares fell around 75 per cent after it revealed that its lead drug, the scar treatment Juvista, failed to meet its goals in a major clinical trial. In the wake of the trial Renovo was left with a cash pile and intellectual property (IP) relating to two earlier stage drugs, Prevascar and Adaprev. The group has since streamlined its board of directors and it has scaled back its operations. It has closed down its labs and in the future the rest of the drug portfolio will be developed via contractors.
In release its interim results for the first half of 2011, marketing services group Cello has claimed a growth in revenue of 2.3%. The company, which owns marketing agencies such as The Leith Agency, Tangible, Farm and a number of pharmaceutical marketing agencies, said that its revenue grew to £62.9m during the first half of the year, with a gross profit growth of 1.9% to £30.5m and an operating profit of £2.5m. The group also said that there was ‘good revenue visibility’ and a ‘project pipeline’ for the second half of 2011. Mark Scott, chief executive, commented: “Cello is benefiting from its focus on servicing the pharmaceutical sector, along with other high margin client sectors, on an international basis. This focus has been enhanced by the recent acquisition of MedErgy. The Group has a powerful combination of online data gathering, advisory capability, and the ability to help clients implement their global marketing strategies. This is a good basis for continued growth and we are confident that management expectations for 2011 will be met.”
Cello Group plc announced that the interim dividend has been increased by 5% to GBP0.0055 (2010: GBP0.00525). It is payable on January 6, 2012, to all holders on the register on December 9, 2011.
Been holding these for a couple of years and very happy with their progress, think things will get even better once Boeing get their dreamliner out.
Correction it just did 8(
Aye you may be right there, glad I dont have to much invested !!