Member Info for TrekMadone

Hi Shares,

Still have some. Been watching from a distant as have been busy elsewhere. May add later.

And yes £5 is still on if they prove up!

Usual caveats

Trek

They’re out now. 8.6% Dow futures down 250.

Gonna be a dire afternoon. Sell buy cheaper or better still if you are in cash pick your entry price.

I am waiting next week to buy here and or MNG.

Sounds like you timed yours perfect!

Good luck with your investments

Trek

Waited for us inflation before buying. Going lower I think.

Trek

“ Should serve you well. Not so long ago this was pushing in the 35p-38p range.”

Yes I know that’s when I last sold, I posted such. Placing looked likely. I then bought in teens and just topped up now having waited for breakout.

Good luck with your investments

Trek

Had change of heart, sold now. Got the equivalent of the divi and more!

I figured 2.49 so on reflection just as well go to cash and look to get back in later as I don’t see it going much higher now. More likely to pull back but cash is options and I fully intend to buy back when it settles.

Topped up at GCAT - it’s on its knees! So undervalued imo!

Good luck with your investments

Usual caveats

Trek

Bought two lots 21.75 then 21.85. Was NT earlier had to split trade.

Trek

Looks like my pull back now to 250 as traders taking profits. I reckon 249 close.

We’ll see

Usual caveats

Trek

It was a panic fuelled drop yesterday. If anything the RNS was better than guidance so there was no surprise other than the divi reduction. That was always a known risk anyway.

Sentiment is a powerful thing when investing. I sold, joined the herd, bought back cheaper.

I mean how many times before have we seen it happen. I wasn’t being clever. Just acted on my instincts as many others did.

I agree this will climb back to 300p but not anytime soon. I think the insti’s will need another set of numbers beforemore buying pressure returns.

The extra Oz clients was pretty awesome as was the regulatory news.

Regulation is always a left field risk here especially when you get billionaires like Peltz buying over 1% of ULVR via derivatives thereby avoiding tax. Govts need cash atm and they could see trading platforms/methods as a soft target.

PLUS, JIM, ICAP, IG, CMCX and now ABDN (bought ii) etc generate cash at relative low capex and are always going to be in the fiscal headlights!

That’s why I would only have a balanced position here. Mind you my biggest holding is TXP so I am not risk averse but I trust geological risk more than the exchequer!

Usual caveats

Trek

Hi pompal,

‘Wtf do the people know to keep selling? As you say, makes no sense at all.’

See my post wed 1440 and previous discussion. I have tried to explain selling and no TR1.

At least now we know the Tr1 machine works! Lol!

Usual caveats

Trek

There’s your 5%!

I am sticking though as see this as a longer term hold. I just managed to grab some profit and buy back with a lower average, albeit a smaller position. I may add later see how it goes.

Usual caveats

Trek

In now at 35.99!

Keeping these for income.

Usual caveats

Trek

Agree, back in at the bell 243.

Trek

Sub 240 represents a double bottom. Short window as well!

Who else is gonna risk it!

Not saying anymore for now but interested if any likeminded are posting. They will know what I mean.

Good liquidity!

Usual caveats

Trek

All differing views help make a market.

I like quarterly payers as they tend to smooth out the divi, and often the SP doesn’t even discount it but those stocks are few.

I don’t like trusts, ETF’s etc as the costs eat into profit and I notice that the punters that push them on the likes of ii seldom account for the fees!

For bi-annually divi stocks it depends when you bought. Many have been flat at best over 5 years. Most have actually declined.

So if the charts are flat why keep your money invested for a whole year when it only needs to be in the market for two key periods of time.

You can buy ahead and time your exit after using the same cash to grab other divi’s through the year.

Also stocks are seasonal so why be in the whole summer when you can sell in March/April and buy back Aug for the majority of ftse100 interim divi’s you get the gist

That’s where my excel comes in.

With macro like it is, war, inflation, pandemics etc you don’t have to add in risk.

That said I trade higher risk AIM stocks in between.

I don’t trade everything some I hold a core and trade, some I just hold.

I certainly don’t buy the theory that time in the market is the best way!

But I do appreciate everyone’s circumstances and skills are different.

Good luck with your investments

Trek

It’s one of those things. As investors we absorbed as much data as possible and arrived at the conclusion that the results would be a beat. They were!

The results exceeded the guidance that had been telegrammed to the markets but the market expected more!

You just can’t factor that in. I logged in at 0800 to check the price. It was 300p. It then started sinking rapidly as I restarted the countdown so I just sold the lot. You can’t fight the market! Went and played golf!

Must say though I didn’t expect to see 20% down now and then IC comes out with a buy rec! Lol!

Main thing is to preserve capital. I actually got out with a profit and will now re-evaluate with a view to averaging back in.

The press today really hasn’t helped. ‘50% reduction in profits’ etc. We knew that!

Hey ho, will have another go!

Never know may catch the bounce!

Good luck with your investments

Usual caveats

Trek

Top end was 280. They delivered 281.9.

No idea how the market could expect a beat on what was guided with a decline in SP. This should result in a rise. But who knows!

Divi 50% of cash after tax.

Can’t really ask for more.

Usual caveats

Trek

Hi nomlungu,

Good post,

Do you know I had completely overlooked the obvious impact of the increase in corporation tax! Doh!

Tories a party of low taxation lol!

Gosh it’s getting hard self funding from investing/trading!

Thanks

Usual caveats

Trek

I always take cash for any divi. So if you sell you don’t have a small position.

With cash you can top up your divi if you wish to reinvest and pick your price.

That’s just my preference not necessarily the best for all as I am an active investor.

Good luck with your investments

Trek

Yes that cash balance was to the end Nov 21. So the fact that we haven’t raised yet indicates to me what the CFO said at the last investor meet me that we are funded from revenues holds true, well at least as each day goes by!

They also have a RCF they can use to flex any cash needs.

Usual caveats

Trek

Got this one on my radar as well. Came up on the ii filter options.

Been sat on my hands for now though as I think 200p could be on. Chart is really bearish with support at 194p.

If funds are available I will look to average in starting below 200.

Such is the madness the divi actually looks pretty safe and I think this could be a bargain to tuck away.

I live the levels of staff ownership!

Usual caveats

Trek