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yes, this is merely an save as you earn scheme where the employees pay a regular amount to buy shares. Rather than each small trade being reported or "listed" individually the company sends the information in as a "block"
Nothing exciting!
correction, my most recent buy is in a marginal loss :-(
Learningtrader... I respect your view entirely, but whether I agree is another matter... I don't want to cover the same ground as yesterday but, this is all about research and if you believe that the SP represents an "undervalue" position then why not buy? Share prices do not move on fundamentals alone, they also move based upon sentiment and there are many really strong businesses that have fallen merely due to people running for the hills.
My personal view is that every time I top up or even reduce my holdings I am looking at that trade in isolation (in part). I also own IAG and have bought at varying levels, trading it and making a profit. My most recent buys were at 228 and before that at 260; of course my 260 buy is now at a loss, while my 228 is breaking even including dealing costs. I believe in the company and believe it's "true" value post covid is 350 upwards. I'm holding my higher value purchase longer term and happy to trade my lower level purchase if I make 10%... two strategies with one share... but I'm buying in the belief that the companies worth suggests a reasonable upside post covid.
OWLS, an interesting point made... because you bought CPI at 147, you'd not buy now at 44? Would you not treat the two trades separately? Buying CPI at 44p now, IMO, is a great price and I believe a potential 30% return is possible
Could you not put the old trade down to experience?
The danger with selling to go off to other, more profitable, shares is that you may miss opportunities to buy back. I suggest always have a firm strategy... are you buying to hold for long term gain or to trade shorter term volatility? For Capita, I have bought for the value and will hold for longer term gain. I have bought other shares for the volitility eg. AML and Taylor Wimpey
I'll be honest here and perhaps a bit controversial... I think there are a lot of people who comment on the SP that don't actually have a clue what they are saying and have no clue how to value a business. Also, there are too many people who "listen" to comments made and take them as gospel. My advice as always... DYOR!!! Don't trust someone else's research, but if someone suggests my feelings or research is wrong then try and understand them in case they know something I don't.
For what it's worth I believe that this price is "cheap" and short term fluctuations don't scare me, as I see it, I need to hold for up to a year to make what I consider to be good profit... if the price drops from here and I have more to invest then I will consider it, but not to chase my losses down if the fundamentals change. This is a sound company, that seems to have been caught up in the "noise" of Covid and is down in price mainly due to sentiment
I get your point Learningtrader, but none of us know the short term directional movement of a SP, if we did we'd be making millions. What we do conclude (hopefully) is a "true" share price based upon fundamentals; a value investor buys at a price that represents a good value against it's anticipated real value. In very simple terms this could be current price versus pre-covid price (I appreciate that the reality is much more complex). If I buy at a price today, and let's assume I have invested only half of what I think I could afford to invest, if the price falls you are suggesting I shouldn't invest my other half because I am now "chasing" the price downwards or "chasing my losses". Surely I am merely taking advantage of the downward movement?
I agree, as already stated, that if something has changed the fundamentals e.g. the company has lost a £1m contract that might affect the company value, that it may not be so wise to invest more, but we are assuming that our due dilligence still suggests the real value of the business to be higher than it is today.
This isn't an insult but merely that I'm not sure that you are explaining yourself very well?
If you believe the share to be a good long term hold, as indeed I do, and as such believe the SP is "cheap" right now then why not invest more if the price is falling. Usual caveats applying of course!
I don't set an automatic stop loss, for that very reason, but keep a very close eye on what's going on... thankfully I have the benefit of having a screen constantly on market activity
Surely the best advice anyone can give is to set a stop loss at a level that you are willing and able to accept, that way you don't lose more than you can afford
Learningtrader Sorry but I really don't get your logic! If I have done my research correctly and believe that the fundamentals remain i.e. I believe the SP is undervalue, then I so no issue in buying more shares... be that as the price dips or even if it rises, as long as it is below the anticipated future value.
I agree that if a fundamental changes then you need to revisit the valuation, and also chasing losses is not the right way forward. Investing is a gamble, but should be a very measured gamble
GL, I am sure you know what you want to say but maybe can't eloquently explain it so we can understand
so if I buy again at say 40p (I wish), I might be able to average my price down to say 42p, which would then make me break even overall. If I am buying as a value investor I believe that the share is undervalue so holding more stock at a price less than my anticipated valuation is surely a good thing??
I've bought in three times which averages at 44p so at the moment I am in a loss making situation across the total trades.
what do you call a losing trade... you are really confusing me? If I've bought at an average price of say 44p and the price is now 42p then surely this is a losing trade / a dip?
Learningtrader.... why do you suggest it's not a good idea to buy on the dips? I'm intrigued??
positive mentions on the news this morning of air bridges opening up around Europe (Not Portugal) and further afield to middle and far east over next couple of months
and with that, it turns blue ??
This is a tough ride for us all... I think buys have outweighed sells at least the last couple of days and still the price falls. My gut feeling is that the first day of opening will dictate where this goes... If the cinemas are busy we might see up?
I, like many, am sitting on a fair old loss, and am close to my stop loss so really hoping it holds it's ground and recovers
Investor240421 I'm with you... the FTSE has taken a battering recently, but equally has had strong recoveries, which will occur again. Today this is the only stock I have a (small) profit, and have hit stop loss limits on two stocks in two days (the only two in at least 6 weeks). As long as it doesn't just go into freefall then I'm staying in and will wait for the markets to act a little more kindly or for positive news to come our way.
GLA
hope so... I have an average of 37p and had no spare to average down. Keeping fingers very croosed and hoping for 40+
GLA
spot on... I'd love it to drop to circa 15p to load up but thankfully don't need to worry too much as I was in early days and have already taken some profit out.
GL