The Stocks/Shares Tips Thread?

randal · 26 Jan 2009 at 17:56

Firstly, apologies if something like this exists already. Had a quick search and couldn't see anything. Secondly, if this goes against any forums rules then please delete away.

I've been looking into purchasing some shares, given the current decline of markets it would seem that there are some opportunities to be had out there with view to a longer term investment.

One that has caught my eye is RBS, given their massive decline (around 14p at the moment) and the governemnt bail outs coming in thick and fast and them owning 68% of the bank I'm of the opinion they're not about to let them go under. Is my logic flawed there, anyone care to comment?

Anyone care to throw their hat in on any others? What have you purchased recently?

JBuk · 26 Jan 2009 at 17:58

buy low, sell high

Solari · 26 Jan 2009 at 18:00

Put it all on black.

Kemik · 26 Jan 2009 at 18:02

Buy Barclays.

Dammit I'm a few days too late!

Strife212 · 26 Jan 2009 at 18:03

Put all your money into general motors

JBuk · 26 Jan 2009 at 18:04

Wait for the orange crop report!

bottletop · 26 Jan 2009 at 18:08

I'd advise signing up to the free service at ADVFN.com and having a read of the RBS thread on the forum there.

Not purchased any recently - have a couple of AIM tiddlers...GAL and HIF . Both dogs.

Kemik · 26 Jan 2009 at 18:10

bottletop said:
I'd advise signing up to the free service at ADVFN.com and having a read of the RBS thread on the forum there.

Not purchased any recently - have a couple of AIM tiddlers...GAL and HIF . Both dogs.

Don't buy RBS. If anything buy low risk shares like BP.

Jokester · 26 Jan 2009 at 18:18

Kemik said:
Don't buy RBS. If anything buy low risk shares like BP.

Low risk, low reward.

RBS could be a bargain if they manage to survive without being taken under complete government control, but that's the risk you take. The £20B writedown this year is a one off, coupled with this new toxic debt insurance scheme may see RBS quickly get back on it's feet assuming they don't have another bombshell waiting to drop.

Kemik · 26 Jan 2009 at 18:35

Jokester said:
Low risk, low reward.

RBS could be a bargain if they manage to survive without being taken under complete government control, but that's the risk you take. The £20B writedown this year is a one off, coupled with this new toxic debt insurance scheme may see RBS quickly get back on it's feet assuming they don't have another bombshell waiting to drop.

But it still has 75% ownership by the Government. If you want to go banking do it with Lloyds or Barclays (friday haha). They both in much more stable positions.

Cosimo · 26 Jan 2009 at 18:37

Put your money on number 11.

Ev0 · 26 Jan 2009 at 18:49

Barcs on Friday would have been a cracking buy, not far off doubling your money at one stage today lol.

randal · 26 Jan 2009 at 18:51

bottletop said:
I'd advise signing up to the free service at ADVFN.com and having a read of the RBS thread on the forum there.

Not purchased any recently - have a couple of AIM tiddlers...GAL and HIF . Both dogs.

Cheers for the heads up on that, I'll have a read in a tick.

Jokester said:
Low risk, low reward.

RBS could be a bargain if they manage to survive without being taken under complete government control, but that's the risk you take. The £20B writedown this year is a one off, coupled with this new toxic debt insurance scheme may see RBS quickly get back on it's feet assuming they don't have another bombshell waiting to drop.

That's my thinking, there's already a massive investment in them so I doubt very much they're going to sit back and watch their investment fail.

Jokester · 26 Jan 2009 at 19:12

Kemik said:
But it still has 75% ownership by the Government. If you want to go banking do it with Lloyds or Barclays (friday haha). They both in much more stable positions.

Yes, but as a shareholder, not like NR where they enforced the purchase of the company outright. As I said the risk in RBS is that they are taken into full public ownership against other shareholders wishes.

Ironic Namesake · 26 Jan 2009 at 20:06

Bought some RBS, Lloyds and Barclays last week - wish I picked up some more

EirePlane · 26 Jan 2009 at 20:42

I wouldn't buy RBS, too much of a risk of them being nationalised. A mate of mine just got laid off from citigroup and lost £2000 on RBS in the same day because the meeting kept him away from his terminal

QlimaxUK · 26 Jan 2009 at 20:43

BUY SHORT!!!! whatever that means

wez130 · 26 Jan 2009 at 20:54

JBuk said:
Wait for the orange crop report!

genuine LOL @ that.

Mr Beeks.

Walter Sobchak · 26 Jan 2009 at 21:06

Rio Tinto!

gord · 26 Jan 2009 at 21:48

Frankly, buying long at the moment is a win-win as long as you choose established companies that have minimal risk to disppearing. Ultimately these businesses will continue and ultimately increase in shareprices. You only have to look at the 52 week values to see how they were operating prior to the crash.

Short term investments at the moment are a lot riskier, but as with Barclays today there are big gains to be made. The banks are particularly reactive to news items at the moment. So any bad national press will hit the prices. However, prices quickly recover. We saw RBS hit rock bottom and then the next day make a relatively large recovery.

My tip at the moment is to invest long in established vital industries: oil, food, mining, pharma.

Of course all advice in this post/thread should be taken with a pinch of salt.