New CEO is ex-Mercedes, they have a (supposedly decent) SUV about to launch which opens up a new market sector and apparently their F1 team is in good shape for a little extra image boost. The brand name itself recently got a decently high valuation as well. All of which rely on the world getting a little closer to normal to actually turn into sales, but they are positive signs.
Trading the stockmarket (NO Referrals)
- Thread starter mcast123
- Start date
New CEO is ex-Mercedes, they have a (supposedly decent) SUV about to launch which opens up a new market sector and apparently their F1 team is in good shape for a little extra image boost. The brand name itself recently got a decently high valuation as well. All of which rely on the world getting a little closer to normal to actually turn into sales, but they are positive signs.
Soldato
I hold some AML.
New CEO, Laurence Stroll in, Racing Point renamed Aston Martin for 2021. Little bit more cash from the Welsh Government for the SUV factory.
Seemed like a reasonable punt.
Have decided not to chase biotechs, gold mining and resources. Struggling to trust what anyone says about shares on ADVFN, Twitter etc. Might miss out on glory but should at least be able to keep my shirt.
It's all garbage. 49% rampers, 49% derampers, 2% good content.
Edit: On here that's pretty much all our posts and then 2% Silversurfer
Last edited:
Soldato
I literally avoid fledgling resource companies like the plague. So much ramping over upcoming survey report this, drill that, permissions this. Was exciting when I was naive.
For every 1 that comes good, there's 99 that fail or sit at 1p forever (not an actual stat but you get the gist).
Well I'm now one month into my dabble with the stock market. I've fed in an initial £5k in dribs and drabs over that period and just tried to learn stuff as I go. I'm currently £461 up, which I'm quite pleased with. Obviously the market, although volatile, has been quite bullish so a good time to enter (although 2.5 months ago would have been better!).
I'm going to continue putting in about £500 a month from here and see how it goes. Currently have 20 companies in my portfolio (was 28 at one point) which is probably quite high, so will try and slim them down a bit and avoid jumping on everything that gets hyped in the future. Trying now to stick to stocks that seem to have a decent potential for short term profit but aren't overly risky long term in case I get left bag holding.
I might need to get this money back out in a year or two, if not then it's a long term investment pot.
I'm going to continue putting in about £500 a month from here and see how it goes. Currently have 20 companies in my portfolio (was 28 at one point) which is probably quite high, so will try and slim them down a bit and avoid jumping on everything that gets hyped in the future. Trying now to stick to stocks that seem to have a decent potential for short term profit but aren't overly risky long term in case I get left bag holding.
I might need to get this money back out in a year or two, if not then it's a long term investment pot.
Soldato
20 company shares? Just be careful of the transaction fees.
Using trading 212, so zero fees (except stamp duty on UK shares).
5k split across 20 or am I misunderstanding?
Yes. Like I said, a learning experience so far. I've been arbitrarily limiting myself to £500 max per company as a damage limitation measure in case I do something really stupid
Have been checking stocks at least hourly so no problem managing that many, will slim it down and increase my positions as I get more confident.
Associate
- Joined
- 27 Sep 2012
- Posts
- 81
There's nothing wrong with having many companies. They key is diversification. Ensure to diversify, and not have 20 tech companies for example.
Then if there is a dip, you don't get hammered and some companies might prosper, hedging your averages.
Then if there is a dip, you don't get hammered and some companies might prosper, hedging your averages.
The spread is the fee
Yes fair comment.
Associate
- Joined
- 25 Aug 2008
- Posts
- 947
Seriously tempted to short JDW right now. It’s current SP makes no sense.
The placement diluted shares by approx 14%, so taking that into account, the current share price is only down 10% from its peak.
For a business that is still effectively closed, and will have stock to write off, that’s awfully optimistic to be pricing at such a small discount imo.
The placement diluted shares by approx 14%, so taking that into account, the current share price is only down 10% from its peak.
For a business that is still effectively closed, and will have stock to write off, that’s awfully optimistic to be pricing at such a small discount imo.
Not clear actually, I think they still just pass through the orders to IB for actual trades. Obvs from the end user's perspective then sure, that they're paying the spread (unless using limit orders) is a cost, but it isn't clear whether trading212 earns from that.
Soldato
Presumably one can just check the spread across a range of shares on Trading 212 and IB.
One poster did not too long ago IIRC and apparently the same.
Whilst I don't necessarily disagree with your view on JDW, this is not the right way to think about the share price reaction to the placement. Cash went in when the new shares were issued. Yes there are more shares but the total market value of the company has also gone up by the value of the cash in. Hence the share price isn't affected much. The shares were issued at a 6% discount which could bring the price down a bit. But on the other side of the equation, JDW proved their ability to raise new money at a very difficult time which is a positive indicator. So it's very difficult to predict which way a share price will go after a placement!
Don't hold any shares after been burned many years ago! But am thinking this may be a good time to buy? Any thoughts on these 2 i am looking at:
https://www.hl.co.uk/shares/shares-search-results/b/bp-plc-ordinary-us$0.25
Ordinary US$0.25
https://www.hl.co.uk/shares/shares-search-results/h/hsbc-holdings-plc-ordinary-usd0.50
Ordinary USD0.50
https://www.hl.co.uk/shares/shares-search-results/b/bp-plc-ordinary-us$0.25
Ordinary US$0.25
https://www.hl.co.uk/shares/shares-search-results/h/hsbc-holdings-plc-ordinary-usd0.50
Ordinary USD0.50
Last edited: