Member Info for Vulnax

S - with the fun with the new Tesla (t) unit of profit I totally missed your losses on CINE and IAG - paper loss fortunately!!

I was miffed enough with my CINE loss from 10k shares at 49p ave...... as I said to T it's not a huge amount in the scheme of things but significant as I am not playing with £hundreds K capital!
My mistake so I can live with it, I get more miffed when markets drop and I watch a big paper loss on say CCL at 1480, MCRO at 450 and some of my brewery / recovery stocks which I sold at a loss! My fault buying on a high when trading them but I can blame COVID and the markets!!!

As T says, all a learning occurrence and I know better now, fine with it, technically free money as it was out of the profits !!!

V

Just looked at my trading history on GGP ... a few trades of around 50000 shares in the 7.5 - 9p range netted 10% and 5%. If I had just held them it would be around 300% at the 22-24p range!

Holding them now, may trade a few / top slice as and when and wait for the big rise! Same for SNG.

V

S - about 1 Tesla model S to a Lanzarote twin bedroom villa at the moment, better rates once we are out of the EU properly!
Model S Plaid edition for 3 bed with own pool.
And to think I was trading NCYT when it was in the 300's a few months ago and made little!!!

T - You could sell the IAG at a loss and trade the spikes and shakes there or on CCL, OCDO, ASC etc. :-)

I asked the where to put big profits question, as I got told off by my financial advisor when I wanted to take out a lump / increase monthly payments from it, to make sure I had liquid cash at hand / in the bank etc. He said where would I get better than 5.9% tax free returns ( pension pot ).
Do not want to put it in a savings account at 0.01%, ISA at 0.05%, best I can see is 1% or less. Wouldn't want to leave it in a share if it had gone up loads ( although not really touched the GGP sine they hit 16p ) in case it fell a lot, so would buy what I wanted, have more spare cash for treats, and look for a good fund or two fora managed investment with "guaranteed" returns. I would leave a pot to play with in my trading account.
Not a problem I have at the moment even though I am about where I was at end May this year. About 17% up on capital if I sold all inc. GGP .

Have a good weekend all,

V

T - Had a look at the post on GLEN, clarifies a little on SNG trial position but nothing solid good or bad.

S - Gonna crack a can of Carling and watch the rugby ( league of course ) at 5:30
IF you cashed in some of your billions profit on NCYT, what would you do with it - not waste it / buy a yacht, but where could you invest it safely and with returns? A fund? Bit risky to me ( as a novice! ) to leave it all in there in case it drops back to £3!!
Sorry if being nosey but wouldn't want to see your life changing event going south!

Have a good weekend all, things do seem to be getting a bit brighter!

Chancellor has announced more support for businesses that will be forced to close in the forthcoming tighter lockdowns, which may help.

V

T - were that Dr. ? on the glen board saying good things about SNG - they have been moving up today.

V

Thanks T,
It does look like many stocks are moving upwards so maybe a general improvement in sentiment. A lot of my shares are due / waiting news, financials etc. so may "PoP" in the next couple of weeks.

I watch ASC only, it's a bit punt for me at that SP, each day it moves up and down following the T rules! I will watch and see, don't want to get stuck at silly price if it drops .. or results already in the price.
CCL may be a cheaper / safer / lower risk day trade again as it is moving, and I would expect all the bad news - loses, debt, cancelled cruises ( although Italy and Aida in Germany are running! ) to be priced in.

Once I've cleared all the small holdings ( for a profit! ) that trade sideways or very small range, I think I'll just stick to one or two shares that move a lot!

Cheers

V

Morning all,
Wet and bright up here.

Marstons MARS breweries have had their JV with Carlsberg approved by the CMA, shares shot up over 24% ... so half mine sold for small tidy profit. Rest will go when price goes even higher!!!

OCDO, CCL look tradeable, and I see ASC doing the usual couple £ swing already..... MCRO still slowly rising.

Looking a bit better!

GLA

V

CCL - 3 month and 9 month financials are out. £7billion loss 9 months!

Also update on sailings....

Just noticed the Diageo dividend has arrived in my HL account!

Thanks T, S.

S - LOL!

Actually, a quick CGT question.

Is it required to do a capital gains tax return if the profits ( from shares dealing ) stays below the allowance threshold ( £12300?? ) after accounting for losses too?

I include interest even if only a few quid on my SA tax return, and divis under the threshold. But as I am doing a SA return anyway I thought I should - doesn't affect the tax due as it wasn't over the limits!

Thanks

V

S- NICE!!

I like the new unit of profit, the Tesla ( T ). What's it supported by .... model 3, model s / X hehehe

At one point I was up overall 0.5t, but that seems to have evapourated since mid June with my silly buys at top price and sell at a loss, at the current portfolio mainly red.

Once things get back to normal can start again!

Bright side, less CGT after the losses!

V

Still up but almost only due to GGP.

Morning all,
Bright and drying after a wet start.

I thought these were NEW shares IAG were using for the rights issue, so a dilution ? Near 2 billion shares, and was 2x over subscribed apparently. Came onto the market on 7 Oct.

OCDO going back up, looks like markets mainly on the up even pubs.

3 tier lockdown on the horizon... pubs to shut in hotspots.

V

Morning all,
Bright sunny day here.

Was a good CINE rise and fall back ... I was wondering if to buy back in at 22p the other day, didn't, dithered at 24.8p didn't buy. Then they hit 28p yesterday .... now about 26p, holding price. Still out.

I'm being more of an investor than trader at the moment, cash tied up in shares nearly in profit but no real spikes shares to trade! Of there are I missed them until after from the graphs.

CCL looks tradeable now, ASC as usual, OCDO - quote a large fall - likely due to the legal case from the Norwegians? over patents on the pick and pack distribution centres.

Many of my other shares are excited about forthcoming events - financials, JV announcements, drilling reports, new client announcements etc. do FOMO there !!

Happy trading

V

Morning all,

T - I'm fine, thanks.

S - First time I used a stop loss ... didn't stop the loss! I read up on them since and it is as you say ... first price at or below the stop price entered ... and as CINE opened up around 16p there were no prices between 39 and 16 !! Next time a limit sell to sell on open or kill & fill order.

Odeon closing their cinemas except at weekends now.

GLA

V

LOL

Didn't lose too much, but halved the value!! Wiped out CINE profit for this year!!!!
I'll hang fir for now and see what the market looks like .... GGP up nicely, else stuck in MCRO and some tiddlers!

Live and learn...

V

Thanks T.

Not very clever, I set a stop loss on CINE before open at 38p. It activated on open .... at 17p ! Whoops..... assumed it would activate as it dropped past 39p not any price under 38p! Another learning occurrence!
Suppose I should have just set a limit sell instead?

V

RNS from CINE confirming the temporary closure of cinemas...

Morning Brigadiers,

Another exciting day in trading-ville!!

V

T - thanks for the reassurance, I will have to see how / if they fall at open, and if I can get a trade to sell or buy! But no new money going into CINE! I have learned from your suggestions and am looking to trade up, once there is a movement and not a slide / rise! More shares cheaper would be nice... my new target!

Have a good week all!

V