Trading the stockmarket (NO Referrals)

I'm slightly hesitant to post this as I firmly believe in DYOR and understanding what you're putting your money in but over on AIM I reckon people should go have a look at WET.

Potential multi-bagger?
 
Bought some more RKH. My PFC recovered, glad to see at least short term I chose a decent point
Got more SKR, maybe more EMED who also own KEFI

Building small holding of Lloyds, it may continue to drop or not never sure with this one but like it long term

USA down almost 1.5% but looking for SP500 to close above 1307 in positive manner, ie. a daily tumble not a nasty fall. Closing out Japan tracker to fund the above


Looking at HMV value, its fallen a lot now but this is a company still in profit ?
68m market cap, 45m projected profit I think and 130m of debt estimated.

However they are subject to renegoiation with banks on this finance as they apparently have not delivered.

Is anyone in that, not my kind of thing as its small risky maybe and Im not keen on owning things I dont see with expanding prospects.
I own TSCO instead maybe should get more


CNR up sharply yesterday but really still idling. 6p has been a decent base as of late


I'm slightly hesitant to post this as I firmly believe in DYOR
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Any reasons why they should do better then the ski slope down they have been on. Chart does look like a classic base for recovery but what is the active ingredient here, why now
 
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silversurfer said:
Any reasons why they should do better then the ski slope down they have been on. Chart does look like a classic base for recovery but what is the active ingredient here, why now
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A few reasons that have been building over the past few weeks..

The South African government issued minutes from a meeting saying they will be investing in trying to solve the potentially catastrophic AMD problem with various gold mines (something like 335 mill RAND). Current estimates are that AMD will surface in Johannesburg in 2012

Western Utiliites Company (WUC or WET on AIM) was formed by several mining companies in the Witwatersrand are to address the issue and make the recovered/pumped out water potable to be sellable and therefore self sustaining e.g. the water comes out bad then purified and sold on for normal use for profit. Other solutions still require running of pumps but don't include the self sustaining nature which is vital for the pumps to continue to run for pretty much forever.

All that makes it for me a reasonable punt.. but a punt all the same... then a few things have happened end of last week and this week... a few very large buys.. and also SA based press coverage that in 2007 WET where commissioned to create an "environmental impact assessment".

This was a project to collate research on the interconnection between mines arising from faults and dykes. They gathered mine maps from old mines / government and digitised them to form a profile of all the mapped mines. (I'm paraphrasing from press reports here).. that's the kicker for me.

A mapping of where this problem will be worst, where it will decant first, the interconnections of mine voids, where the water will migrate to ... imo this all massively effects pump placement, deciding which areas to target first. The government would have to work pretty hard to get anywhere near this data. Morals aside, this is excellent for the company and they've already stated they won't be giving away their competitive advantage.

There's obviously other bits of information pertinent to an investing decision, positive and most definitely negative but I reckon it's worth at least to be on people's radars to investigate.

DYOR etc please don't read this then go invest without reading up.... it's still a punt ;)
 
Just a heads up for any TD waterhouse users. There appers to be a phishing email doing the rounds.

Got the following email:

---------------------------------------------------------------------------------
Dear Account Holder,

There has been an Unauthorized attempt to access your customer bank information from

IP address 808.345.343.10299, Log in below to view your account balance and report any

unauthorized withdrawal of funds.

Please Log On

TD waterhouse.
-----------------------------------------------------------------------------------

It appears to be coming from the email address [email protected] but when clicking on the "please log on" link it takes you to the following address:

http://www.byokids.com.au/administrator/menus/tdwaterhouse.html

Now this is quite obviously a scam, although the page it takes you to looks legit the url clearly gives it away.

I know 99.9999% of users on here are very much pc literate and shouldn't really fall for this type of nonsense. But thought i'd just post it as a matter of coutesy as i'd hate to see even just one person get caught out by scum bag scammers :mad:

In fact it's been verified as phishig here: http://www.phishtank.com/phish_detail.php?phish_id=1146860
 
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We had a little shool league during my AS levels on a virtual trading website tracking the FTSE 100 and 250, along with a number of funds. I found making a good return incredibly easy in september 2008, when the markets were especially volatile simply by playing market inefficiencies - i.e. playing on invester psychology rather than the stocks themselves at a very high frequency. I.e. buy at 9am, sell by 12-2pm.
 
I'm interested to get back into RRL and have around 8k to spend, could part with more but i don't want to sell any other my other investments to fund this.

Haven't really looked at RRL since i sold out at 5pish, how does the current share price reflect the companys known assets, are we still massively undervalued at the moment, also what news are we will waiting on?
 
I'm not sure what the deal with RRL is. Quite a few big buys with no real news and a steady(+) share price.

I'm still in at 6.2p with 20K shares :)
 
Im on RRL at 9p :D But I made the mistake of not doing it through an ISA and I'm trading through Barclays stockbrokers.

My dad wants to get involved in trading but has asked me to find him an ISA. Can someone recommend an ISA where I can choose my own shares rather than a fund.

Sorry bit of a newbie when it comes to all this.
 
Thanks mate he's Signing up now.

He wants a bit of the RRL action but in not convinced it's ready to shoot up yet, especially without decent news. Hoping for a dip this afternoon and get hi
in a little lower than the current price.

I'm also in WET (not much saw it as too much of a risk)
and also SLE who I'm confident with.

Anyone got any others I could be Reading up on?
 
mr tommo said:
Thanks mate he's Signing up now.

He wants a bit of the RRL action but in not convinced it's ready to shoot up yet, especially without decent news. Hoping for a dip this afternoon and get hi
in a little lower than the current price.

I'm also in WET (not much saw it as too much of a risk)
and also SLE who I'm confident with.

Anyone got any others I could be Reading up on?
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DESIRE (DES) Petroleum get the Ocean Guardian rig off Rockhopper this month and have a promising prospect for the end of this month, start of April.

Past drills have seen prices jump up to 140p, currently down at 35p after their last drill turned out to be water but it was up to 130p purely on the promise of the drill beforehand.

May well go a similar way this time as well, this prospect is the best one they had. Sure it's a bit of a punt but do some reading, it may well be an option.
 
Windle said:
DESIRE (DES) Petroleum get the Ocean Guardian rig off Rockhopper this month and have a promising prospect for the end of this month, start of April.

Past drills have seen prices jump up to 140p, currently down at 35p after their last drill turned out to be water but it was up to 130p purely on the promise of the drill beforehand.

May well go a similar way this time as well, this prospect is the best one they had. Sure it's a bit of a punt but do some reading, it may well be an option.
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Cheers, I've been watching them for a while as a friend is in at 109p :(

Think I will wait until closer to the switchover before making a decision on them.

Just opened an iii ISA but didn't realise I had to wait for the password to come through the post. Probably be a couple of days at least now and I wanted to get him in RRL before any news is announced.
 
Windle said:
DESIRE (DES) Petroleum get the Ocean Guardian rig off Rockhopper this month and have a promising prospect for the end of this month, start of April.

Past drills have seen prices jump up to 140p, currently down at 35p after their last drill turned out to be water but it was up to 130p purely on the promise of the drill beforehand.

May well go a similar way this time as well, this prospect is the best one they had. Sure it's a bit of a punt but do some reading, it may well be an option.
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I'm split between RRL and DES at the moment, i might stick 4k in each rather than sticking all my eggs in one basket, clearly worried the latest RRL rise on no news isn't going to hold and back we go to 14 - 15p. Anything could happen with DES, but hopefully they will see a rise on rig and drill news.
 
Firestar_3x said:
I'm split between RRL and DES at the moment, i might stick 4k in each rather than sticking all my eggs in one basket, clearly worried the latest RRL rise on no news isn't going to hold and back we go to 14 - 15p. Anything could happen with DES, but hopefully they will see a rise on rig and drill news.
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The ASX will no doubt ask RRL why theres been a big rise, they will reply with no reason and then the price will plummet back down to 14p again. That's what Im hoping for anyway so I can get a bit more in.
 
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