Mate I'm the same - BEM for example. I had that on watch at about 12p
Trading the stockmarket (NO Referrals)
- Thread starter mcast123
- Start date
Soldato
JJB up 6% again, surprise surprise. Shares in my dad's company (Mouchel - MCHL) slumped 34% this morning after they threw the towel in on T/O talks. Glad I didn't invest there!
but are they worth buying at the slump stage or are they in for a long recovery?
Soldato
Long recovering. They're doing ok as a business in their sector but the price surged amidst T/O talks and has basically fallen to just above what it was prior to that.
Their share price doubled in January (because of the speculation) so they may be worth a punt. They're certainly not going under so even if the short trade fails they'll recover over time.
Their share price doubled in January (because of the speculation) so they may be worth a punt. They're certainly not going under so even if the short trade fails they'll recover over time.
Soldato
Takeover offer can be a fair guidance to value sometimes. Tullow turned one down before eventually getting bought up.
Heritage turned one down I think, its quite common for companies to refuse and then some time after be valued higher.
That is the standing for the refusal I would guess, its not a good enough offer.
Enough reason to take interest on the lower price I'd say
BP plunging back down, topped up a bit just before they did so \o/
461p is an old buy level I have, recovered a bit from there today
ace investor neil woodford says bp and shell both suck, they spend too much on exploring apparently
I can think of worse things to own. ex div 5th may
Caza didnt take off, they hit the end of the run way. Continue to drift down but I dont mind so long as they have more or less stabilised
Was looking at VGM again, that stupid 50:1 share swap messes my chart up. 2.39 old price is a decent level for a couple reason which equates to not far off this price.
Didnt buy anymore, looking for nearer to 110 and need to read if anything drastically wrong
Dollar worth trundles upwards and so gold pulls back down which hurts expensive mines like VGM. So I reckon I'll see my price hopefully
GPX is near a target buy price for me. Not sure of particular news except Iraqi troubles. PE of 14?
Now I remember they are into Syria a lot and the entire government just got sacked by the premier/despot who is an ex London GP believe it or not
Bought back some more GKP today because the recent selling has been low volume and theres a good enough chance they could see another spike up again. That'd fit with their continuing exploration despite various regional troubles
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Soldato
Domino's took a hit today after posting lower than expected profits (albeit still profit). Some crazy surgers too - China Shoto and Deltex Medical. It's those kind of stocks that makes hindsight the **** it is 
.
I'm sure most people know of it here but I'd implore any newcomers to use www.advfn.com. It's free but gives realtime prices, rather than the 10/15 minute delayed ones you see on LSE/iii/Google etc.
Sold out of ORE today also, simply because a) it's on the way back down b) I still got out with 9% profit and c) I'm wanting to sell all my stocks while I read the Naked Trader anyway
. Again, thanks for the initial tip!
.I'm sure most people know of it here but I'd implore any newcomers to use www.advfn.com. It's free but gives realtime prices, rather than the 10/15 minute delayed ones you see on LSE/iii/Google etc.
Sold out of ORE today also, simply because a) it's on the way back down b) I still got out with 9% profit and c) I'm wanting to sell all my stocks while I read the Naked Trader anyway
. Again, thanks for the initial tip!
Good find, thanks.
Associate
Which self select ISAs would you recommend?
Soldato
ADVFN is good, but as soon as you have a decent amount of stocks on the list it times out very quickly and stops streaming
I only have experience of HSBC, however I was looking on my Halifax reward account demos last night and their account looks ok.
Thing with HSBC is that you get the buffer of the settlement account. So whilst it takes 3 days to get the cash into your current account from a trade, you immediately see the value in your settlement account.
This is useful - For example, I sold RRL from my normal account and could immediately buy them back in an ISA with less risk of a higher re-entry point than if I had to wait 3 days.
It's basic in terms of tools etc, but it's very easy to use and suits my needs
I find the whole S&S and equity ISA options quite overloading and confusing. I'm looking for somewhere that explains most of it, risks, limitations etc, and provides a comparison of the offerings from different institutions. I could sit down with my bank and let them sell me their offering, but I'd rather take a wider view.
Its not really that complex. In the S&S part, you can invest in LSE traded equities, and gilts/bonds as long as they redeem in >5 years. You are exempt from all CGT.
Soldato
ADVFN is good, but as soon as you have a decent amount of stocks on the list it times out very quickly and stops streaming
True!
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Soldato
Halifax does that, you cant take the money out but you can recycle it right that minute. Ive been told iii has a stock isa thats easy to use, simple and cheap if thats what you want
Lows of Caza have hit the lowest price for it not to break the overall gains in the share. Any more and it'll be a failed /false move like vgm.
Even if it does that the trend from lows of 2010 would make lows of 25p now fairly realistic.
I guess anything is possible when a stock goes from 5p to 66p in 4 months, it can and does sometimes completely reverse
VGM is spending 1400 dollars for every ounce of gold they mine
That is shocking no wonder people are running for the hills.Long term I do think they'll make it (some of costs are development) but obviously I messed up buying this share too early, I did not gauge sentiment well. Selling was justified
BP criminal charges loom, I see the share price is drifting not crashing lower. Im not seeing higher vol but my platform sucks.
Good paid for data /graphs if you are handling a lot of cash is a good investment
ISA stocks must listed on a main exchange. Aim isnt one
But some aim stocks are listed on TSX or ASX like RRL is and that means they can be in an ISA and free from capital gains tax which is useful when it goes up 300%. The gain has to be over 10k or so per year to be taxed
RRL is drifting, no pressure for the next 4 weeks. Short term negative
CNR is on a bit of a ramp. 8.6 is 5 day average price. 8.2 and 7.2 (highs of mid Jan) if it falls off
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Soldato
If I've just opened an ISA, can I put £10.2k into this today, and then open another ISA from 1 April and deposit another £10.2k (ie in the next tax year)? The wording of the ISA limit seems to differ from bank to bank so just clarifying.