Trading the stockmarket (NO Referrals)

Russinating said:
Managed to get a short in for a 20 pip profit but it didn't sink much, as I kind of expected - fire damage looks limited to stock rather than structure, website is back up already, they dealt with it pretty well, could even say it was a bit of free PR!

Anyway I sold the short and going long now, already up 20 pips.
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I shorted at 2666 :/. I don't understand how the shares can be up today!
 
jmhduck said:
I shorted at 2666 :/. I don't understand how the shares can be up today!
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They only suffered a day or so of downtime and they're fully insured for the lost stock. I bet it cost them practically nothing in terms of lost sales while the site was down. People would just try a day later.

I also bet every staff member they could get hold of came to the warehouse after the fire to clean up and get ready for business as fast as possible. That kind of recovery is impressive and shows comprehensive disaster planning was in place - which in turn shows how well the business is run and hence investor confidence.

I've been avoiding ASOS as it looked overpriced to me, but this recovery merits another look.
 
peterwalkley said:
They only suffered a day or so of downtime and they're fully insured for the lost stock. I bet it cost them practically nothing in terms of lost sales while the site was down. People would just try a day later.

I also bet every staff member they could get hold of came to the warehouse after the fire to clean up and get ready for business as fast as possible. That kind of recovery is impressive and shows comprehensive disaster planning was in place - which in turn shows how well the business is run and hence investor confidence.

I've been avoiding ASOS as it looked overpriced to me, but this recovery merits another look.
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I'm personally not touching it either as it's trading at x40 times earnings or something mental iirc
 
I took a -£130 loss. I'm not convinced by ASOS p/e particularly given the profit warnings however the minimum leverage is a lot more than I'd normally trade with so probably shouldn't have opened the position. I should've taken the £50 loss when the trade moved against me, hindsight's always perfect!
 
Freddie1980 said:
Stumble - I have bookmarks on my phone for the couple of investments which are google pages for my shares not quite sure what the delay is but for a quick check it suits. Did you want an app to give you real time prices?
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I was hoping for an app that I could just add my stocks to and the price I bought them at so I could have a quick glance at how much they are all worth and the profit/loss they are all on with the most updated prices. Can't quite see one that I like yet... I gave bloomberg a whirl but it doesn't quite do what I've mentioned above. I wanted an app so I could avoid logging in to websites to view my actual portfolio on my phone.
 
Pleasant surprise today when I had a quick look over lunch. An offer for Kentz has been made at £9.35 a share. I put some into my SIPP just over a month ago at £6.80. Chalk a win up for Malcy's blog again. I owe that man a pint or three.
 
dam, I used to own them and sold them too quick. They turned down a takeover offer years ago, might have been half that. Not sure what they did so right to turn price around like that


Asos is massively ironic. The only clue to this is they already fell tons previously but to actually rise is just a tad surprising, must have been dam awful stock they lost

miners YTD
yG5BB7l.png
 
peterwalkley said:
Pleasant surprise today when I had a quick look over lunch. An offer for Kentz has been made at £9.35 a share. I put some into my SIPP just over a month ago at £6.80. Chalk a win up for Malcy's blog again. I owe that man a pint or three.
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Similar sort thing today with KMR or Kenmare resources, mining titanium in Mozambique.

Unpopular share, had some trouble halved in price but still a good earner long term in theory. Got a takeover offer but at an opportunist price. Turned down, but this helps the share price anyway and can still double seems like

http://www.twst.com/update/65100-kenmare-resources-plc-statement-re-possible-offer
http://www.businessweek.com/news/20...es-approach-to-kenmare-to-add-mozambique-mine

Iluka Resources Ltd. (ILU), the world’s biggest zircon producer, approached Irish mining company Kenmare Resources Plc (KMR) over a potential combination.
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QPP directors buying some shares this week at 190, Terry owns 10%
Does not appear to be enough short term to qualify as strong underlying or anything

GKP CEO quits, shares up 13% - good riddance then I guess?
http://www.lse.co.uk/AllNews.asp?code=a1q4m24j&headline=Gulf_Keystone_Petroleum_CEO_To_Retire


IPO + lots of info
19 companies are expected to IPO on US markets this week alone as the bull market for IPOs roars on. The highlight of the week will be the longly anticipated initial public offering of high definition mountable camera company GoPro (GPRO) which is set to begin trading on Thursday. GoPro has become extremely popular within the action sports community for its products ability to capture footage while attached to a helmet or user's chest moving at fast speeds, in the air, or even underwater.
http://sendgrid.com/wf/webmail?rp=Z...SMFpYSmZkWE5sY2w5cFpDSTZORGd4TURnM016YzRPREY5
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GoPro just announced an IPO....
One to get in on I think.
Will want to see a large chunk of their debts paid off first though
 
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Three years ago definitely, but can't help think the bus has already left for GoPro. We own 3 but I can't see a huge amount of growth.

Also not sure why they would want to list other than to pay off those debts.
 
where is on the spot social media with the connected world going...
Instant, on demand, anywhere in the world high definition video..
My money is on GoPro being there when that kicks off.
 
Not a chance. Mobiles and even Google Glass have that market. GoPro's niche is sports and professional video production, and I can't see how they can grow that much there because they're already totally dominant.

An existing monopoly isn't my kind of investment.
 
GKP have finally been rising this week. Seems to be a combination of factors:

- The CEO getting booted sideways (he's controversial ...)
- Rumours of a takeover / buyout
- Very strong possibility of Kurds selling oil without Bagdhad interfering

I had this one wrong a while ago and got in at £1.40 (they're £1.09 at close today), so glad to see the paper loss coming down !
 
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