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  • FIRST POST
    darkpool
    Last Share you Bought?
    • #1
    • 14th Apr 12, 9:32 AM
    Last Share you Bought? 14th Apr 12 at 9:32 AM
    I thought it would be interesting to see what everyone was buying and why.

    Last week I bought:

    Firstgroup, because of the stonking 12.5% yield and 7.5 PE ratio. I think with austerity people will use public transport more, I also think it likely the Government will encourage more people to use public transport. Quite a few possible minuses with this one - reduction of subsidies, and a high fixed costs business

    British Land, just because I think it's a good long term holding. It owns a lot of dull dependable Tesco stores etc. On the minus side I think property companies will have a few bad years because the banks don't have money to lend for development it would be a 'mare if BL couldn't rollover debt when it matured
Page 3
  • melbury
    Did you sell in time?
    Originally posted by Lokolo
    No, I still have the certificate which presumably is now completely worthless.

    Still trying to decide whether to buy Sainsbury, Morrison or Vodafone shares, just want some decent dividend income from a company that won't vanish into thin air
    Stopped smoking 27/12/2007, but could start again at any time

  • sabretoothtigger
    Just buy the ftse, they all in it. If you cant decide when to buy its even harder to sell
    Tokyo residential prices have gone from 4x London in 1990 to London in 2014
    There is no other agency of government which can overrule actions that we take
    by Greenspan, Federal Reserve
  • Thrugelmir
    Just buy the ftse, they all in it. If you cant decide when to buy its even harder to sell
    Originally posted by sabretoothtigger
    FTSE isn't what what it was. Highly concentrated. With companies getting listings that have very illiquid numbers of shares in circulation.
    "The man who wishes to move a mountain begins by carrying away the small stones first."
  • sabretoothtigger
    http://www.stockchallenge.co.uk/ftse.php

    For most people index is better. Buying individual shares is for nutters who think they Gordon Gecko tbh The people who drive the market are in a trading business that can write off losses, we cant do that

    Big shares mostly bounce back and forth, then one day they sell off (before market open) and you wonder why. Next week you find out the CEO wrecked the pension fund and thats it, you didnt get any special growth

    Why would you think your research on a blue chip is better then a guy spending 40 paid hours to calculate that and he can write off his mistakes.
    Its possible and theres luck but just getting one share is mostly a delusion

    Here's a link to a write-up on the Motley Fool from January

    http://boards.fool.co.uk/nfsc-2012-d...-12457894.aspx
    Originally posted by BLB53
    I own CREE who make great torches if you see one. The problem is we dont walk round with torches, the business is about fixed lighting and its not LED (yet)

    Japan said they'd take some to reduce power draw, all their Oxford street type displays. It is partly a play on high energy costs justifying the expense of change over, LED requires separate power circuit and/or transformer

    P/E of 35, youch! I usually get put off by anything over 15
    Originally posted by IronWolf
    High growth, steady business is more simple to value. What PE is a company that only makes losses, that describes most of AIM but they have value and solid assets even but are essentially insolvent.
    Check out CNR, billions of gold, zero profit potential near term - 1000 PE (cheap)

    Excellent company, they charge me 1.20 for what equates to a 20 minute walk into town, Arriva charge 2.20 for the same journey, needless to say that Arriva never get any of my business
    Originally posted by StevieJ
    Glad to hear it, hopefully they can survive higher fuel prices and be efficient enough to beat cars, etc
    Last edited by sabretoothtigger; 21-04-2012 at 3:42 PM.
    Tokyo residential prices have gone from 4x London in 1990 to London in 2014
    There is no other agency of government which can overrule actions that we take
    by Greenspan, Federal Reserve
  • sho_me_da_money
    Off course I know frig all about shares but I am in the technology industry and saw something recently that I beleive will be HUGE over the next few years.

    Ever heard of Digital Domain Media Group anyone? DDMG. I'd like to jump on their bandwagon.

    http://uk.finance.yahoo.com/q?s=DDMG

    Is that $7.55 for 1 share?

    What do you you guys think of their track record?
    Last edited by sho_me_da_money; 21-04-2012 at 4:10 PM.
    A pessimist sees the difficulty in every opportunity.
    An optimist sees the opportunity in every difficulty.

    One
    Love
  • srcandas
    Off course I know frig all about shares but I am in the technology industry and saw something recently that I beleive will be HUGE over the next few years.

    Ever heard of Digital Domain Media Group anyone? DDMG. I'd like to jump on their bandwagon.

    http://uk.finance.yahoo.com/q?s=DDMG

    Is that $7.55 for 1 share?

    What do you you guys think of their track record?
    Originally posted by sho_me_da_money
    The share price is in dollars so over $8 a share to buy. Will not be cheap to buy I believe due to spread and costs. But if you are in for a few thousand shares and if this is a punt for big gains then not the end all I guess.

    Certainly interesting and thanks for sharing.

    The last quarter report included-

    The company said it took a $3.3 million hit from Legendary Pictures' decision to cancel Paradise Lost, a film Digital Domain was co-producing.

    Which illustrates your high risk assessment but could be an interesting ride.

    Purely amateur comment of course
    Last edited by srcandas; 21-04-2012 at 4:26 PM.
  • sho_me_da_money
    The share price is in dollars. Will not be cheap to buy I believe due to spread and costs. But if you are in for a few thousand shares and if this is a punt for big gains then not the end all I guess.

    Certainly interesting and thanks for sharing.

    The last quarter report included-

    The company said it took a $3.3 million hit from Legendary Pictures' decision to cancel Paradise Lost, a film Digital Domain was co-producing.

    Which illustrates your high risk assessment but could be an interesting ride.

    Purely amateur comment of course
    Originally posted by srcandas
    Can I not buy like 1000 worth of shares or doesnt it work like that?
    A pessimist sees the difficulty in every opportunity.
    An optimist sees the opportunity in every difficulty.

    One
    Love
  • srcandas
    Can I not buy like 1000 worth of shares or doesnt it work like that?
    Originally posted by sho_me_da_money
    You could give iii.co.uk a buzz on Monday and ask. There might be restrictions (minimum amounts for example) and the buying price is important. But best get it from a broker who can do the business.

    Of course there are other brokers who will buy-sell US for you. Just iii are the one I have seen. I have no connection with them or even an account. But you can find DDMG on their site without an account if you want to have a look
  • sabretoothtigger
    The last share I bought was a top up of Dialight (DIA) @ 755p in Feb.
    Robbie Burns is a fan and also Mark Slater who runs the Slater Growth fund - I think DIA is a top three holding for the fund.

    A lot further to go imo.
    Originally posted by BLB53

    Yea I just saw that, he is pretty good but he also knows when to sell.
    Anything like this I'd want to take some profits on its way up
    LED is a long story still to go

    And I've tried to take advantage of bad days to add more shares in companies where I'm already in a massive profit.

    None more so than in Dialight (DIA) and I added to the recent spreadbet on them at around 700 by getting some more at 980. A SB as my ISA is stuffed with Dialight.

    I have been patient all the way from 150p to the now tennerish and as those of you who have to my seminars have seen from my accounts my profits in real life are something like 90,000. For the website profits are more than 50,000 - and of course there have been dividends on top. A broker has put out a target price of 1400 for these but with a fair wind they could go further and with my big holding I would be happy to finally exit on a nice bid. How about 1800? It's lucky: it's in the right market at the right time. I remember buying these live at 150 at a seminar, wish I'd bought more then...

    The other exciting thing about Dialight is if it keeps rising it could get into the FTSE 250 which would mean some funds would buy in for the first time and it would also get on the radar of the bigger funds.
    by Robbie Burns
    Tokyo residential prices have gone from 4x London in 1990 to London in 2014
    There is no other agency of government which can overrule actions that we take
    by Greenspan, Federal Reserve
  • Glen Clark
    Last trade was about 2 months ago, 24k split equally between Tesco, Morrison & Sainsbury. currently made about 1k. But I am just as likely to pick losers as winners, so try to diversify. The only funds I hold are investment trusts with a good discount to net asset value. Because then the fund managers are a liability that is already priced into the shares. Buying investment trust shares at launch is a recipe for losing money.
  • sabretoothtigger
    They deleted the Cadogan thread. Ukraine is too controversial to discuss apparently, bad investment you have been warned
    As usual its doing nothing much despite the market turning dire


    Last share I got today was Essar.
    Tokyo residential prices have gone from 4x London in 1990 to London in 2014
    There is no other agency of government which can overrule actions that we take
    by Greenspan, Federal Reserve
  • JoeCrystal
    Well... I want to buy into Auhua Clean Energy but alas, could not purchase it. Something about periodic auction call. Will keep on trying I guess.

    So I bought Premier Gold Resources instead... I like these kind of companies.

    EDIT: Speaking of which, I just bought Auhua Clean Energy, yay!

    Cheers

    Joe
    Last edited by JoeCrystal; 13-05-2012 at 10:17 AM.
    Attempting to build Sustainable Portfolio with twenty new companies. Bought ACE, BSIF, EDEN, GOOD, GRPH, UKW, ONE, TRIG and VRS so far.
  • owains
    They deleted the Cadogan thread. Ukraine is too controversial to discuss apparently, bad investment you have been warned
    As usual its doing nothing much despite the market turning dire
    Originally posted by sabretoothtigger
    I've given up trying to work out what's going on with CAD... it actually ticked up today! Just holding (at a loss) in the hope that something good will happen sometime.

    Gold below $1600... anyone else buying?
  • CashStrappedTeen89
    XEL a few weeks back at 104 hit a stop loss at 94 so waiting for 80-85 re-entry only invested 1.5k but still took a hit on that.
    Any other recommendations would be nice at the moment lol.
  • sabretoothtigger
    Last trade was about 2 months ago, 24k split equally between Tesco, Morrison & Sainsbury. currently made about 1k. But I am just as likely to pick losers as winners, so try to diversify. The only funds I hold are investment trusts with a good discount to net asset value. Because then the fund managers are a liability that is already priced into the shares. Buying investment trust shares at launch is a recipe for losing money.
    Originally posted by Glen Clark

    I took just Sainsbury but I sold most of them. I was thinking Tesco recently but only at 300 and its not really moving now


    J Sainsbury (SBRY) reported underlying pre-tax profits of 712 million pounds for the year ended 17th March 2012, 7.1% higher than in the previous year, on revenue growth of 6.8% to 24.5 billion pounds. The supermarket chain said that it outperformed the market, increasing its market share to 16.6%, with its own brand Taste the Difference and Basics ranges both showing growth. The group added that it achieved 100 million pounds of operational cost savings, bringing the total over the last five years to 600 million pounds. The shares gained 4p to 305.3p.
    Tokyo residential prices have gone from 4x London in 1990 to London in 2014
    There is no other agency of government which can overrule actions that we take
    by Greenspan, Federal Reserve
  • StevieJ
    They deleted the Cadogan thread. Ukraine is too controversial to discuss apparently, bad investment you have been warned
    As usual its doing nothing much despite the market turning dire


    Last share I got today was Essar.
    Originally posted by sabretoothtigger
    It will be that plonker that was complaining, some people have got nothing better to do
    Anyway, do you reckon that this news may impact the Cadogan share price, bearing in mind the Eni presence?

    A government source had told Reuters this week Anglo-Dutch Shell and Chevron of the United States were set to outbid Italy's Eni, Exxon Mobil and Russia's TNK-BP in the tender which Kiev sees as a step towards easing its dependence on Russian gas supplies.
    http://uk.reuters.com/article/2012/0...84A14320120511
  • gadgetmind
    Why would you think your research on a blue chip is better then a guy spending 40 paid hours to calculate that and he can write off his mistakes.
    Originally posted by sabretoothtigger
    I buy blue chips (and down into the FTSE 250) for the yield. I buy good companies when the market has one of those real bad hair days. The only equities I've bought since last November have therefore been some private equity ITs, a European IT, and some infrastructure trusts and REITs.

    I have some cash sitting on hand for the next time the FTSE 100 hits 5000, which will hopefully be over the summer. I have about six companies on my watch list and will buy in my usual 2k to 4k chunks.

    I own CREE who make great torches if you see one. The problem is we dont walk round with torches, the business is about fixed lighting and its not LED (yet)
    I carry one with me at all times and it has a Cree emitter.
    Last edited by gadgetmind; 13-05-2012 at 8:18 AM.
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
  • srcandas
    Why would you think your research on a blue chip is better then a guy spending 40 paid hours to calculate that and he can write off his mistakes.
    Originally posted by sabretoothtigger
    Glad this came up again as I took a long time thinking on this one.

    I concluded that I was asking myself the wrong question

    The difference between an individual researching and buying shares, and a fund company investing client's money is much more than research.

    The fund has to usually invest in a very limited world, limited by scope and rules. The fund cannot go to 100% cash even if the fund manager knows the market is in for a big fall. And the fund manager cannot react quickly to divi's and special events.

    And while a fund company's research might be better than mine I can to a large degree see the results of their research by the holdings they have. Yes they might act on short notice research but in reality due to the portfolio required by the rules they have little scope for large short-term profits.

    Of course there are things that the fund can do that I cannot: out of hours trading, special discounts.

    However regarding expenses, dependent on my strategy my overall trading costs are more or less equal to a fund.

    So I don't think the two are comparable. They are very different animals. Horses for courses

    Having thought about it I now have more sympathy for fund managers. Perhaps I'll send Mr Bolton a cheque

    But just my opinion
    Last edited by srcandas; 13-05-2012 at 10:10 AM.
  • Lokolo
    However regarding expenses, dependent on my strategy my overall trading costs are more or less equal to a fund.
    Originally posted by srcandas
    I'm not quite sure you can assume this without knowing how much funds cost to trade?
  • srcandas
    I'm not quite sure you can assume this without knowing how much funds cost to trade?
    Originally posted by Lokolo
    lokolo perhaps I should have said the cost of investing.

    So if I play with 20000 share trading with each pound going in and out within a year my costs are less than 2% with a generous spread allowance and including stamp duty. A fund TER is about the same.

    So I don't see expenses coming into my decision of which strategy is best.
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