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You may care to consider the situation in China regarding pneumonia in children (and teachers) Early days of course, but I am now even more relaxed about cashing out of my equity investments (apart from Ceres and ITM, which I have written off) The return on cash is acceptable and I will return to equity investing when I feel the time is more opportune. In my humble opinion, there is too much happening that could negatively affect the markets. I am most probably wrong so please do your own due diligence prior to taking any decisions. Obviously, I hope I am wrong about Ceres and ITM.
I sold all of my equities, apart from Ceres and ITM, a couple of weeks ago. No regrets. Cash return is okay and I do not like the current investment scene. Joint Venture "one believes things because one has been conditioned to believe them" Aldous Huxley. I prefer, "the secret of genius is to carry the spirit of the child into old age, which never means losing your enthusiasm" No enthusiasm with Ceres or ITM but I will not sell at a loss. Stubborn perhaps, but that is me. I was way out of pocket with Cloudbreak Discovery and then, from nowhere, there was a sudden rally and I was able to rid myself without too much misery. No loss, until you sell at a loss. Nonetheless, still extremely irritating, and may get worse? Please carry out your own due diligence.
Just a thought. Back in May 2022, there was a rumour (or maybe more than a rumour) that Bosch may be considering an offer for Ceres. If they were considering at the sp at that time they might now consider Ceres to be a snip at the current price? I would imagine hands being snatched off if offered a price far lower than that of c 18 months ago. Events of late do not add up, or do they? Or, perhaps, Ceres are just not worth the cost? I prefer optimism, but will only hold and not add. You, of course,must do your own due diligence. I wish I had.
For what it is worth, I have sold (almost) all of my equity investments, at a profit, and moved into cash. For me, there are far too many negatives circulating at the moment. My two remaining investments are Ceres and ITM. Here, paper losses incurred, mean that I cannot justify selling. Whilst, at the moment, I cannot envisage any good news that would bounce the share prices back to a point at which selling would become viable, I will continue to hold. Maybe there will be rumours of takeovers resulting in a fear and greed rally? In reality, these were never investments, more of a greedy gamble. Please carry out your own due diligence prior to taking any investment related decisions.
I have just sold my entire six figure holding with L&G. This was not an easy decision. I am concerned that events around the world may escalate. I will be content to receive c4.5% on my SIPP cash and see how these events unfold. Also, being in profit helped with the decision process. Right or wrong decision, who knows? Kindly do your own due diligence before buying, selling or retaining. Thank you.
I sold all of my shares during the last rally but remain out of pocket. I have been waiting for the sp to fall to a sufficiently low level to buy back and try to recover some of my losses. To be honest, I think I will just stay away from this outfit. Currently, the spread is 42.8% What is going on here?
Kindly forgive me if my arithmatic is incorrect but that would equate to c12.5% to c14.4% yield, unless policy changes. This in, quite possibly, a scenario of falling interest rates? I am invested via my SIPP so this is very much a long term investment, the intention being to cascade value down the generations in a IHT friendly manner, unless a (potential) Labour Party thinks otherwise. If the sp goes anywhere close to these prices then I would add a significant amount. My main concern is a slight niggle about the long term viability of L&G. Just an extremely slight niggle due to almost losing a six figure sum with Conviviality at a time when all appeared to be fine. A gut instinct stopped me committing. I am now more vigilant. My L&G investment does not affect my sleep. Opinion, do your own due diligence.
Dk27 Not too sure about long term high interest rates? I gather factory gate prices in Germany, the US and China are either flatlining or in decline due to falling demand in the global economy (DT reporting) In Germany, producer prices are falling at their steepest rate since 1949. Of course, there is so much conflict at the moment and this could escalate at anytime so who knows what will happen in the future? My hunch remains for inflation and interest rates to fall quite significantly over the next twelve to eighteen months. Just a hunch. I need that therapy class, 200 looms large.
I am overweight here (six figure sum) and the last thing any reliable adviser would recommend would be for me to buy more shares in L&G.. However, if the sp falls to 200, or below, I probably will buy. I read somewhere that there should be therapy classes for investors in L&G who buy more than is sensible when the sp dips. I would enrol. For what it is worth, I think inflation will fall faster than expected over the next twelve months and the yield on offer from L&G will look increasingly attractive and this should be reflected in the sp. Just my standpoint. Of course, please do your own due diligence before buying or selling. Like I said earlier, therapy required.
With all of the current events taking place (and who knows what may escalate) at the moment, a weekend in the investment world is quite some time. If I were mindful to sell then I would have done so sooner rather than later. I have not added today because I did not feel the risk/reward merited buying more. I will hold all of my current shares and let matters unfold. Mr Caldwell invested £261.914 into Ceres just 17 days ago. Surely he must have significant insight on the future outlook for Ceres than the average investor? Either fear will continue next week or, give way to greed? Who knows, but I am gambling on greed. It is a gamble so, please do your own due diligence. Good Luck.
Fear and greed. At the outset, greed trumps fear. When it goes wrong, guess what. I am so out of pocket here but have a feeling that if (not when) it rallies it just might sky rocket. Then greed will kick in. I am holding on. Please do your own due diligence.
The green tide is turning. The world is changing. The JV should be done and dusted by now. Optimism is a wonderful thing. To obtain any potential shareholder value, it's a merger or takeover for me. Always prepared to eat humble pie. Have done so many times, so do your own dd. Good afternoon.
Change of lifestyle perhaps, rather than gamble too much? For what it is worth, I work on no more than 4% return. Good luck with your investments, I rather think this will be needed. Please, do your own due diligence. Thank you.
Because, when you are so much out of pocket, this is probably the best outcome in the near term. Fortunately, I can afford to hold for the long term, so either short or long will be fine. Just prefer short term. Which would you prefer? Of course, please do your own due diligence.