Trading the stockmarket (NO Referrals)

Topped up on CNR. Now at 180915 at 9p avg. Between that and MXP (Barclays just updated their MXP target to 39p) I'm hoping for a nice return. GLA!
 
silversurfer said:
Looking at Caza again, 35p is quite important in that most trading occured there. If it didnt hold that it'd be more likely 25p that occurs.
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I was watching Caza at 25p yesterday wondering if it would matter or not. Back up 10% now to 29p area though it might not hold or it might continue up, never sure.

Just wish I'd waited for the worst case scenario or at least bought a tiny bit yesterday opps :o



With CNR I've put in a buy order for 7.2p which with spread I think makes it 7.7. I dont think it'll drop back further then that

Its just ironic the best price produces the most doubt


Any lower then that and it'd make the recent move up false / failed and we then revert to the previous ping pong around 6p


I dont have a proper chart for CNR but stick a ruler on lowest prices of late Jan and most of Feb and it points to todays price being on trend, ie. if I had none its not a bad place to buy I think but I wont add personally
 
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jmhduck said:
I'm buying £200 of CNR tomorrow, hoping they'll be good news.
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Quick question and please don't take this the wrong way but what's your target sale price to make a £200 investment worthwhile?

I hope it all goes to plan for you and everyone else in CNR, I’m only in for a quick 1k punt and hope to make 250 - 500 out the back of the next few RNS announcements.
 
Closing price for CNR there is the 5 day average. That could be a ceiling, it needs a push anyway

Im hoping CNR gets back its el salvador mine and 30k ounces of silver isnt there. Unfortunately I sold HOC my only silver mine last year way too early

El Sal is locked to the dollar which has been in decline.
There is a small trend in even USA states to make silver legal currency again to avoid this problem with inflation.
Maybe El Sal might not be so negative on productive safe mining I hope.


Dont think Vol today was specially high, the vol on 1st april fall was near 20 mil. Think I'd call this a false dawn for the mo
 
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Firestar_3x said:
Quick question and please don't take this the wrong way but what's your target sale price to make a £200 investment worthwhile?

I hope it all goes to plan for you and everyone else in CNR, I’m only in for a quick 1k punt and hope to make 250 - 500 out the back of the next few RNS announcements.
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No offence taken and some people might say it's silly to put £200 into a company.

I don't really have a target price. I might sell if they went up a lot 50% etc. I'd prefer to have my money invested rather than losing money in my isa at below inflation. I only started getting into shares less than a year ago and I don't have a lot of money to invest so I wouldn't want to put a grand in. I'm an unemployed CS grad living at home to give some context.
I can always put a bit more cash in if things continue to look promising, I'm using the portfolio builder feature on iii which means it's costing me less than £5 to buy inc stamp duty. Costs £10 to sell so I need roughly a 5% increase to be in profit.

I'm just trying to learn at the moment and I think having a range different companies can help. I bought £100 in mercator gold now ecr minerals which isn't much although it was up 100% at one point and I also went to an ecr minerals presentation which was interesting and there was free unlimited booze and food, so I'd say that small investment was worth it even if the company went kaput.
 
I've got to agree with Firestars concern though. The small amounts don't make much sense to me. I'd be on the virtual platforms for learning and small investments.

My first actual investment was £500 and even then I was concerned that I was just earning the broker money rather than myself.
 
jmhduck said:
I'm using the portfolio builder feature on iii which means it's costing me less than £5 to buy inc stamp duty. Costs £10 to sell so I need roughly a 5% increase to be in profit.
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£10 + £5 = £15/200 = 7.5%?

That and a spread of 5.56% in CNR (currently) means you need an increase in the region of 10-11% just to break even. So you'd pretty much need a 60% gain in order to make £100 profit.

I'm not saying you won't, just be aware it's not as low as you thought, and personally I don't like those odds, especially when it's a bit of a punt anyway.

It's certainly worth learning how to trade if it interests you, like I am, but I'm holding off on the majority of the actual trading until a) I know more and b) I have more expendable capital.
 
I dont think virtual platform can simulate losing real money though. Which influences peoples decisions, so its not fully learning


Try XO for smaller amounts. The roundtrip cost for them would be £12 compared to iii being £11.50 in this case.

iii is most useful if not sure where to buy so you can scale in.

So buy CNR over 4 times and its 6 in broker costs and maybe CNR does fall from 9p down to 7.7p cost to buy during your four averaged buys

So you spend 6+10 at iii on a tiny holding of £400 say. Thats 4% cost.

XO its 12 over 400 or 3%


And the difference the iii guy got in his choice of buying four times not once meant 15% lower cost to buy which easily justifies the extra cost even on a small amount bought I think

Obviously Ive not included any growth there but basically it can pay to buy a few times not once. I think thats not a bad place to start for someone new.
 
Russinating said:
£10 + £5 = £15/200 = 7.5%?
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I was wrong lazy calculation :eek:.

silversurfer said:
I dont think virtual platform can simulate losing real money though. Which influences peoples decisions, so its not fully learning
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That's why I want to invest, although I don't want to lose money! Thanks for the XO info that's interesting.

gord said:
I've got to agree with Firestars concern though. The small amounts don't make much sense to me. I'd be on the virtual platforms for learning and small investments.

My first actual investment was £500 and even then I was concerned that I was just earning the broker money rather than myself.
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I have been on a virtual platform but if I'm given a 100 grand and it's pretend, I can't really care about it in the same way as my own money.

The thing most of the companies I've invested in I currently plan on holding for years. I wouldn't call myself a trader as I've never sold any of my shares. If I think the price is good I can continually add a bit more using the cheap portfolio builder option on iii.

Is £500 the minimum most people would recommend buying normally?
 
jmhduck said:
Is £500 the minimum most people would recommend buying normally?
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For me its the smallest yes. You sound like you're thinking your decisions through quite well, so keep at it learning and reading..... no one is an expert, but some get on quicker than others.
 
I invest less then 500 quite often, but I might buy ten times too and I own like 50 stocks. I get bored reading stuff all at once plus sometimes situation has to develop, ie. risks decline

A reprieve for Cisco from death row today. Apple is being cut from 20% to 12% of the Nasdaq 100 and vice versa for cisco microsoft and lots of unpopular but highly profitable tech companies.
Best of usa is tech imo

Small Caps, AIM and PLUS

HMV (HMV), the troubled entertainment retailer, issued its fifth profit alert since last September, warning that trading difficulties would cause profits to drop to about 30 million pounds for the year. The group had earlier guided towards a pre-tax performance "moderately below" the 45 million pounds analysts had expected, and the news sent the group's shares down a further 3p to 12.25p. HMV, which has been struggling to reduce its 130 million pounds debt burden, also confirmed that it had struck an agreement with lenders to push back tests over its banking covenants.
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HMV is making 30m profit still. So surely this is cheap, this is the rule where NT would say its too risky I think. (Dont think its about avoiding aim)

30m to 130m of debt is way overbalanced apparently. They are selling waterstones, etc, I can think of worse prospects.
Still not for me, base case of bricks & mortar retail is going where?


NT shares held
Code: 
Shares
Stock	Epic	Qty	Price	Target	Stop	Buy Date	Sell	Sell Date	P/L

Harvey 	HVN	5000	69.00	80	61	21/03/2011			
Avation	AVAP	3000	107.75	150	95	21/03/2011			
Capital CAPD	4000	80.01	120	72	15/03/2011			
Volex 	VLX	1000	250.25	320	210	10/03/2011			
Photo PHTM	5000	47.25	8	40	10/03/2011			
Kofax 	KFX	1000	504.80	700	440	07/03/2011			
Alternative AN.	2000	200.00	250	175	07/03/2011			
Acal   	 ACL	1500	313.50	400	280	02/03/2011	340.00	14/03/2011	398.00
2 Ergo	RGO	3500	133.00	180	105	28/02/2011			
888    	888	10000	45.53	58	36	09/02/2011			
Character CCT	3000	192.80	250	175	08/02/2011			
Eaga  	EAGA	4000	81.90	120	77	03/02/2011	119.00	28/02/2011	1484.00
E2V   	E2V	4000	109.80	130	102	01/02/2011			
Cadogan	CAD	25000	26.70	50	22	01/02/2011			
Anite  	AIE	5000	62.25	80	48	26/01/2011
 
Ironic Namesake said:
Just have a quick question if anyone has done this in the past : I'd like to move my stocks from TD Waterhouse to HSBC , how would I go about this? TD Waterhouse only mentions about moving stocks in, not away from them.

Also - how long would a process like this take?

Main reason for doing this, is I'll be changing my current account to HSBC and would like to have everything under one roof.
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That is quite bizarre reasoning.
 
Further to the announcement made on 15 March 2011, the Board of Directors of JJB Sports plc ("JJB" or the "Company"), one of the UK's leading sports retailers, announces that it is proposing to raise gross proceeds of GBP65 million (approximately GBP60 million net of expenses), through a firm placing and a placing and open offer involving the issue of 162,500,000 New Ordinary Shares at an issue price of 40 pence per share.

-- The issue price of 40 pence per New Ordinary Share represents a premium of 40.4% to the Closing Price of 28.5 pence per Ordinary Share on 5 April 2011 (being the last Dealing Day prior to the date of announcement of the Capital Raising).
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To be honest, this is all a bit over my head and I don't really understand the process or impact of a firm placing and a placing and open offer. Anyone feel free to chip in or link to a guide :p.
 
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