Member Info for Twonko

People will make emotiional arguments all day long in support of their favourite share . I agree that ITM is a decent project and may have a decent future but it idoesn't make a profit or pay a dividend and has a miniscule turnover for its current valuation. That's why it isn't an investment, but a punt. Investments are made using rational arguments, not emotional ones. Like most people though, I am not averse to a punt and ITM is a candidate, but an investment it is not, not in my world anyway and won't be until it starts picking up some meaty contracts. I do know that these boards are littered with the corpses of those who have put way too much into dead certs which are now just certainly dead. I hope ITM isn;t one of them but pocket money only is my limit here.

As a long term holder of a sizeable chunk of GSK shares, I am very happy with the rejection of ULVR. I have quite a few ULVR as well, but out of the two, GSK is more likely to impress over next few years. It might be held back a bit by the overhang, but that shouldn't affect earnings or divs. I see it as a buying opportunity. Selling to ULVR would have been a short term win and a long term loss.

Reading some of the comments and questions below, I think some people should never invest in the stock market. If you cannot answer even the most basic questions or do even the most basic research, (such as read a newspaper), how are you ever going to make a wise investment decision?

None of which explains why it was down over 4% today.

Interesting article here:
https://www.renewableenergymagazine.com/hydrogen/finland-to-build-a-national-hydrogen-infrastructure-20220623

Robleo I agree. I have cash waiting and nearly went for MNG yesterday but am still cautious. Recession is the big fear (other than a nuclear Putin) but it looks like the markets don't fear the impending end of the Johnson shambles. And neither do I.

Has anyone got any explanation as to why ITM is worth 10% less then it was worth yesterday?
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Yep. Because the SP went down 10%. That's how the market works. You are welcome.

Broker recommends are mythical nonsense. The cynical realist sitting on my shoulder says JPM are probably just sitting on a boatload of ITM and desperate to unload it. I currently have a miniscule ITM holding and would love it to do well but the valuation for a Company with a low relative turnover and no profit has been dopey.

If it's true. And if it was, he wouldn't be posting here. He would be on the BoD.

Pleasantly surprised? I have low few thousand of these and am undecided, so some opinions would be appreciated. It seems I am buying what was a decent divi payer with a healthy asses appreciation at a reduced price which is substantially above the NAV, dragging down the NPV in the process. And yet sentiment seems broadly positive. My experience of similar cash calls is rarely overwhelmingly positive. Fire away.

Quote:
"This is a good entry point….with only geo political factors to worry about."

Seems to me this is kind of crucial at the moment. I have cash waiting and losing me 5% plus pa in inflation but I'm still inclined to keep my powder dry. LGEN is my second biggest holding by current value and I did buy a few more after Putin's madness started but for the moment I think it would be unwise to commit to too much. I've short-termed a few IAG today and wish I had done it yesterday. Same with LLOY. At least I will be happy to keep both if or when the wheels come off again as I suspect they will..

I first bought into SSON around 2 years ago and have added modestly over that period. Not a top ten holding for me but maybe a top 20. It is now down 30%, which means it will have to go up by more than 40% to reach the December 2021 peak. I'm not sure I can eat that much pizza.

Too few of the holdings are likely to perform well as the pandemic eases and people' habits change (or revert to normal). For example, Domino Pizza. Dominos won't go away, but people will eat out more. It has already happened. And that alone accounts for over 8% of the fund. Recovery here will not be quick and it seems like the fund managers didn't see it coming. Now nearly 30% down since December and counting.

This so-called investment has been dog extremely this year and is currently down nearly 25% on its 2021 high. Sometimes, this could be seen as a buying opportunity but I don't feel that with this pile of doggy-do's. Down again today, the same as nearly every day this year. Thankfully I only have a relatively small holding but it is by far my worst performer of 2022. Time these jokers got their fingers out and started earning their undeserved salaries.

Not quite ale. If enough people are vaccinated, the virus numbers will reduce because it won't be able to multiply in protected individuals, making it less transmissable. This will also reduce tha chances of mutations which lead to difficult variants. I am no virologist, but I do wonder if contracting the less deadly Omicron could provide immunity to potentially worse variants. We have been here before just after WW1. The pandemic 'Spanish' flu killed a lot of people, then disappeared after a couple of years.

May have been a bit keen, but just sold the lot at 22.p a share profit plus got a few hundred from the recent div. If I'm wrong, I still did pretty well. A very nice tickle in only a a few months. HNY.

Hard work, Too risky. Currently earning enough for a crust and half a beer once a fortnight. Don't want to upset that applecart.

I first bought GSK in 2011 (at £13.02) and have increased my holding substantially on dips, of which there have been a few. I justified it by watching the divs come rolling in four times a year and now I can't really justify selling until I know what the immediate future holds. But I did some calcs over the weekend and in 2020 (tax year here in Jersey is Jan to Dec) and GSK is currently earning me about 6% yield with no capital gain (No CGT in Jersey so I like it a lot). LGEN are earning me nearly 9% plus about 30% CG mainly because I bought a shed load during the pandemic dip. Funds, of which I have a few, have collectively earned 14% (all CG, no income) this year and 11% last year. I avoid very high risk. Individual shares also in profit but I can't be a_rsed to work it out. After considering the wise words of 'no guarantees in the future' and so on, GSK ain't looking good, but LGEN aside , the boring get rich slow funds have outperformed everything. However the split pans out, I reckon my GSK money would be better invested elsewhere..

That may be true. I was only ever really here for the div before covid. Luckily I sold out at £1.78 in the summer and bought back 3 times as many at £1.49 a few weeks ago just before XD day. Who says you can't time the market. Reckon I just got lucky. Am hoping for a good trading update and a decent div announcement but may not hold long term. Has been a nice profitable dabble though so far. The housing marjet seems to be holding up OK and I know of a TW development in Birmingham which has sold well.

Not so. Not unless they are shorting billions. Which they aren't. That was the shortest lived rally ever. I thought it was a bit overblown because they only just beat expectations but if I really had conviction I would have sold. And I didn't. So I'm a tiny bit richer than I was this morning and quite a lot poorer than I was at lunchtime. More wine garcon.