Caporegime
- Joined
- 8 Jan 2004
- Posts
- 32,885
- Location
- Rutland
Nice win! I didnt have the balls after seeing Coreweave tank.
Trading the stockmarket (NO Referrals)
- Thread starter mcast123
- Start date
So I know ftse stocks aren't popular but I'll mention this one again.
Bgeo (lion finance group). Listed on ftse but it's a Bank giant operates in Georgia and surrounding area. Fast growing, low PE compared to its western peers.
Few acquisitions recently and another one in the works in Malta.
Been a great success I bought most of my holding in 2023 for 2300ish. Now sat at 7800ish.
No one seems to talk about it. But it's been performing well if anyone is interested
There are some very good british companys, just that their stocks ain't very liquid. At £78 per share, they could do with a share split, something that US companies tend to do, but British companys rarely do.
I think it will push on even further during the next 12 months. They're aggressively expanding.
My other balls of steel purchase and hold is Argo Blockchain. This is basically a gamble now though as the company looks to be utterly fudged. It needs a perfect storm of market conditions but Crypto stocks can irrationally go loco if the conditions are right. Very, very high risk this one.
Ah yeah I don't even consider the share price as t212 has fractional shares. But yes. 78 gbp a share is a lot
Soldato
- Joined
- 14 Jun 2004
- Posts
- 7,302
Intel : based on news item i read the new a18 isn't looking promising and not enough yield being generated and a lot of cash spent. could hurt the future of the company next year
plus i see Trump callss for CEO resignation today due to conflict of interest with china connections..
so dumped almost 4% today
plus i see Trump callss for CEO resignation today due to conflict of interest with china connections..
so dumped almost 4% today
True but would he have the balls to see out a long period of decline, say inflation surges and the Fed have to start hiking rates instead. That would almost certainly see a 6-12 month period of market decline. i’m not saying that happens but if you’ve over leveraged yourself and you’re watching your portfolio drop like a stone week after week, are you able to see it out and are you confident enough that the market will eventually recover - or do you start asking questions like what if this is the start of Japan and it doesn’t recover? I guess the point is the psychology is different if you’ve borrowed a large sum vs investing money you can afford to lose.
Still think averaging in is the smartest move, it also makes you feel good if the market does drop and you know you’ve got dry powder.
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Yeah - I'm down 98% on Argo
It was only a few hundred quid but looks completely done at this point.
This is what worries me when I'm trying to learn how to invest..what platform to trust..who to trust..what to invest in
Caporegime
- Joined
- 11 Mar 2005
- Posts
- 32,247
- Location
- Leafy Cheshire
Up almost 100% on NBIS, was on the fence about buying more during the Trump dump in March, oh well!
Obviously this has performed very well....but how did you come to pick this stock? What is it that drew you towards the Georgian banking industry...seems an odd pick.So I know ftse stocks aren't popular but I'll mention this one again.
Bgeo (lion finance group). Listed on ftse but it's a Bank giant operates in Georgia and surrounding area. Fast growing, low PE compared to its western peers.
Few acquisitions recently and another one in the works in Malta.
Been a great success I bought most of my holding in 2023 for 2300ish. Now sat at 7800ish.
No one seems to talk about it. But it's been performing well if anyone is interested
I read about them on an article. Which usually I just discard.
But I had a look. Low PE, in a country where GDP was growing fast (especially vs Europe).
A stock that I'd never heard about before.
The main risk was it's in a geographical area that's a bit risky. But I was happy with that risk.
The bank has good reviews on app store etc.
Often ill pick a stock on a lot less than that. So I was happy with this one.
Edit
I also compared it to our UK banks and saw a lot of potential. There's still loads of headroom on a PE side if that's a metric you like.
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Soldato
- Joined
- 9 Dec 2009
- Posts
- 5,404
- Location
- Bristol
This is a trading thread, which is very different from investing.
The best advice I can give is to learn about personal finance and become financially literate. You can then make your own informed choices, based on your own personal situation.
A great starting point is reading How to own the World by Andrew Craig, available on Audible.
My first listen was a massive eye opener on how finance works.
My second listen enabled me to understand many of the bits I didn't understand first time around.
Since then I've listened to many of his book recommendations, such as The Gone Fishing Portfolio, The Ascent of Money, and the Psychology of Money.
It's early days for me, I'm a late starter to the world of finance, but I'm massively more knowledgeable than I was before and it's great being able to do my own research and make informed decisions on what to do.
I hope this info helps.
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Do you need the 1.1k?
This has always been my issue, which is why individual stocks never worked for me. I've been up 30k before in like 2 days, had no interest/use for the actual profit, and I ended up 'losing' the gains. Eventually sold for a small profit.
i know exactly what you mean ,my individuals are looking for the big one but i have messed up many times not by buying but by selling i.e Coreweave and Nvidia ,i seem to have found my form now though but its very high risk , if i go in to earnings mon night loaded up theres a massive downside potential , one video i watched suggested selling 25 percent to then buy yourself out of trouble if its bad dunno , at least i have a big profit buffer to bale if i ride the earnings , roulette wheel investing maybe
Anybody feel like they might be able to nudge me one way or the other with NVTS? I was going back and forth all this week and still didn't pull the trigger. I wasn't planning on picking up too much and I feel like they should be good for short and medium term.
I think it's largely Trump and his actions that are giving me pause.
I think it's largely Trump and his actions that are giving me pause.
I think the issue still is, when to sell.
I've tried setting stop losses or sold when I've reached certain price targets, but watching it blow past those the next day after I sold, literally gave me sleepless nights. I sold 15-20% up, and then it got to 50% up and it annoyed me big time.
For whatever reason, I'm not cut out for single shares. My greed runs rampant and if I hit a big one, I don't really care about it either.
I've found that I don't even blink when the market takes a deep dive on my ETFs, but when it happens on a single ... it bothers me.
I'll just watch all you guys get rich with your pot shots, and I'll limp along in my ETF
RHM seems to have dropped (to a 3 month low) due to expectation that Trump can pull off a peace deal between Russia and Ukraine in the Alaska meeting.
I bought at $1698, it's now around $1550 a share. If no peace deal is reached that is acceptable to Ukraine, the current share price is likely to go back up around $1780.
I bought at $1698, it's now around $1550 a share. If no peace deal is reached that is acceptable to Ukraine, the current share price is likely to go back up around $1780.
I've found that I don't even blink when the market takes a deep dive on my ETFs, but when it happens on a single ... it bothers me.
I'll just watch all you guys get rich with your pot shots, and I'll limp along in my ETF
Slow and steady wins the race...
Don't forget - People only tend to post their "winners" - There will be just as many "loosing" purchases/punts on here but no one will post those.
I've been almost exclusively funds/EFT for nearly 20 years in my own pension (couple of single company shares but no major holdings) - averaged 8.9% a year for 20 years. Nothing to be sniffed at.
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