Member Info for Velo

Something's afoot Vlad. Henderson released their short into the market against Poundland on the 28th Oct - my charts for Poundland went and turned red and very bearish from Nov 4th. Something's cooking. Whatever it is, I'm of the opinion it will be temporary and relatively short lived. If the SP dips below 300 - I won't be morose - I'll be buying!

No, I'm invested here lummox. That's two 'performing well' shares in my portfolio that return in excess of 7% in divi's AND with the sp in both, in profit too. Traditionally a 'bored' or quiet forum is a classic sign of a share performing to expectations. So on no account wake up. What's that charming little film from yesteryear called again? ...... Oh yes Brigadoon! So with Brigadoon in mind, go back to sleep. See you in 200 years :) The opposite of course, is a virulent and accusatory forum, which is ALWAYS a sign of a share in deep, deep, trouble. P.S. Tesco, will only interest me when / if ever it get's below a £1 and into double pence figures.

Garrulous lot on here , aren't you?

made. has been made :)

On Monday 12:06PM with Mid SP @ 486p = "Can't decide if the SP is on the point of dropping or ..." At 470'ps the decision has been.

Good grief chris100 ! ------------------------ ALL the UK Indices are down today, yet again - yet Shoe has defied the general market sentiment.. Imagine if you believed SHOE was going to fall in price and wanted to sell up and take advantage by buying back in lower down?

- And yet the Ask price has risen from 228p to 230p since I tried earlier. ????? How's that possible if no one's allowed to buy? Could it be just my broker having technical difficulties with a very small share?

OsullivanB @ " ...the real market in these shares may be illiquid." Hmm, tried a £5k purchase, deliberately over the nms and my broker came up with a blank page saying no live price available. Tried again. Same thing. It happens sometimes due to technical reasons so logged off and re-logged back on. Tried again. Same result. Repeated again to nil effect. Logged off again and back on, tried the £5k order and still a nil situation. So tried a £3K order. Same thing. Nil order. Tried once more this time with a £2k order - no go. illiquid eh? Not a biggie when trying to buy, but I sure would enter panic mode if I was trying to sell and my order was being refused.

I assume everybody is in a good mood after checking their broker's accounts yesterday and comparing the actual cash dividend received - to expectations. It's been a flat year so far in general, overall, in my portfolio so every bit helps the batting average, in making me feel at least I'm getting something right :) Will have to notate the exchange rate on the day the Dividend is actioned by GVC as I'm always scrabbling about weeks later with conversion rates. Whatever, it's of no significance, to cause any concern.

"..If I proceed and press "preview order" the screen will give me a price within that range with 15 seconds to accept. It is never at the headline price, but always "better"..." - Yes, same with both brokers I use. (Probably with all brokers I suspect ) but - BUT the 'better' price is usually (usually) only fractionally better than the displayed Ask price. On this occasion I obtained several pence below the Ask. Didn't notice that much differential on the two purchases prior to these latest additions on last Thurs and Friday.

Impressed with the lack of volatility during "the correction" the EX-Div period of the SP behaved as it would with or without the correction - so I topped up last Thursday. It was showing 490p to buy and 485p to sell with 485p as mid price. Yet my broker happily informed me that the inside the strip price was obtained at 486p. Whilst I was pleased, I was curious as to why 490p was showing when I obtained massively below that. So I topped up again on Friday. But checked the trades - and was ahgast to see pages full of unending red sells - yet the same prices were holding. So I bought again at 486p whilst the 490p to buy price was displayed until almost day's end. I say almost, because the Ask price remained at 490p as it does today, yet the bid price dropped to 480p widening the spread alarmingly, with the mid price now down to 480p. This morning, Monday, the bid price has crept up 2p to 482p yet the Ask remains at 490p - BUT the mid price is now 486p. Can't decide if the SP is on the point of dropping or the MM's are short of stock - whatever, the Ask price has displayed throughout at 490p

shift itself and join in with the melee and general panic and participate in the worldwide meltdown, called a 'correction'. It was my intention for another top-up at the optimum dip in the ex divi period, so I rubbed my hands with glee, thinking Oooh I'll get a good top-up price now - but it hasn't dipped lower any less than it might on any other typical ex Dividend time! Someone needs to teach GVC how to panic properly! :(

Hee hee - gsdog - you know fine well the day you do you will invoke Sod's Law and it'll turn round and bite you on the bum LOL! Must say, been watching the decline of countless stocks over the past month in conjunction with the unrelenting decline of the Ftse indices - didn't the Ftse100 hit a 12 month low last Thursday? - And in all that time, the only stock in my portfolio and the only one out of all the 21 watchlist picks up on the left - the ONLY one - that has not disappointed is GVC!!! My charts are a fluorescent, vibrating, pulsating, blinding blue over GVC - even during those bad indices declines. All I want now is for the general indcies bear sentiment to unduly add to GVC's exDiv adjustment and so offer me the perfect storm, top-up opportunity. Percentage wise it's still not anywhere near a true maximum representation within my portfolio.

Do you mean after 3 years of holding GVC - or after 3 years of general investing across the board? gsdog posted some interesting research figures a month or so back, on GVC alone, on that exact what-if scenario on selling just before XD day and rebuying some time afterwards at the expense of foregoing dividends - and over the past 5 years he'd have been considerably better off than just holding through the dividend periods. But that's hindsight. AND only applies to GVC in isolation. Whatever, he's done superbly with GVC in that 5 year time span, without the anxiety oft taking that risk. The question is, if one tries to have a go at that tactic: Can you depend on a share ALWAYS behaving to type? As it happens I'm looking to use this opportunity to top up - well I was - but the worldwide hefty declines on all the world's indices, never mind here in the UK, has me nervous as only a nervous kitten with diarrhea can be, so not sure if I will yet.

Copout, I've looked at EPO (Charts only) and I don't like the immediate future that the charts indicate. It's trending downwards, and unless things change I only see a declining SP. Now that's saying something as for the last 6 months it's held a pretty, more or less, straight line, whip-sawing gently between 40p and mid higher mid 40's in that time - so a 10% swing too and fro for 6 months, with an ever so slight decline in that time closing today at 40.25p I think. Confusingly ( for me) that last 6 months, combined with volume, has generated a longer term bullish outlook on my charts, but it now looks on the change - for the worse - to me. and only in my opinion of course. Having said that the EPO charts were quite challenging as a marked, distinct volatility in the SP chart is easier to draw conclusions from (for me). And that has not been the case for the past 6 months. So I could be 100% wrong. But my opinion? The EPO SP may well suffer a short term decline. Then again after this month we will be coming into two share friendly months :)

No, not XD today. Defo the 9th October - tomorrow.

Wow! Will ya' look at that? 505p to buy as I post. Look and savour - for it will last but a few hours. Like Gladiators we salute you 505p - for tomorrow you die. Yep XD day tomorrow. Just think of the divi instead :)

If I read one more post by someone saying : "You know what? I was in a Poundland shop the other day and it was dead busy. Bet you didn't know that. I know about shops cos' I've used shops all my life" - Then I will scream and scream until I'm sick. Then pluck my eyes out so I never have to read another: "I walked into a Poundland shop the other day and..." You know what would be news? - I walked into a Poundland shop the other day and for the first time ever it was empty, and had no customers - now THAT would be news!

A big well done to all those earlier in the year who stuck their necks out and predicted £5 by September. On the final day of September you got it right - £5!

Thanks Mathsman & Formerequityan. That's interesting. Many different investing books by varying authors recommend a diversified portfolio from 12, 20, 25, to 30 stocks to spread the risk. O'Neil goes for just 5! But what's not always clear is the proportion % of each stock, although most recommend equal distribution. I'm currently intending building up GVC to a serious % level. At the moment it's about 12% of my portfolio.