UK Stockmarket 2009 and beyond

sabretoothtigger

I think actual IB requires twice the deposit, 10k ? Otherwise yep, I saw IB shares tipped too the other day I think


ccvu chart hasnt been this high for 12 years? Their figures look good to match, high yield and I guess the prospects are good to grow at present as others decline, not my kind of thing though I think
good div cover, is their debt situation good?

http://www.digitallook.com/cgi-bin/dlmedia/security.cgi?username=&ac=&csi=11248







lloyds 15bn rights
http://www.ft.com/cms/s/0/758c8710-b382-11de-ae8d-00144feab49a.html

ses6jwg

IIRC the last rights issue wasnt good value as the share price dropped below what the price should have been on ex date.

uk_steve

Sorry Sabretoothtigger it was RLX

CHAR was actually me being nosey on other peoples portfolios

what i do is look at 2 stocks a day this way
this was the 1st i liked when i back tracked the company news and its potential also it has a new CEO

also i know you like charts the chart looks a nice shape IMO



my biggest gamble stock GRL

if the news is right this week this is going to fly even more then 2.2p for sure

i got in @ 1.698 yesterday

its a boom or bust stock


all the best

tonygee_3

FTSE still going sideways(has been for a few weeks)
Only way is DOWN now in my book
Just cos cash has been thrown at it doesnt mean everything is ok
Banks arent lending(or at high rates)People arent spending
Hence more RI,today JJB yesterday LAD.

tonygee_3

Sorry to hear about RLX Steve,but if you target dross this will happen.
You would think in this enviroment Debt Management would be GOOD buisness,
Another struggling MDCG today,just shows how tough it is out there.
Sabre,I thought BAE was a buy at sub £3 but higher NOT,lots of issues..Pension liabillities,Court Action,Defense Cuts etc

tonygee_3

After the demise of TECHS in 2000,Commodities became the NEW Bubble in 2005
(markets like a bubble)In the Nineties these were regarded as boring/defensives who paid a decent div but nobody wanted them.Now everyone comes up with excuses to buy them,hyperinflation,currency,stagflation,you name it.The truth is most are loss making,have poor or no divs and will struggle over the next few years as demand falls.These will suffer the most in the next correction.

sabretoothtigger

I think commodities are different, they are strong because currency is weak and this is something that will continue for a while yet now.

As well as that they are a function of a changing world, which is more weighted to basic resources then innovation and use. Demand is rising and more supply and development is required to satisfy that so investment could see good returns.

400m people live in America and sure they eat alot but a couple billion live in India and China and we can forget Brazil, south America, Asia or Africa to make it simple I guess. Globally there is growth

Anyhow its a big argument I guess but I dont think its a bubble exactly. Right now I think china is snapping everything up, it will probably spike but if the price improved on a few companies I'd want to buy them again for long term reasons.

I also think technology is one of the best things to buy at the moment, because it was already in decline previous to this last fall the prices seem more realistic to the future prospects. Another rule is anything that can be mass produced becomes a commodity

I dont like no divs because its harder to value overall but maybe a clue that Fres was undervalued was that the div wasnt totally useless, now I think its below 1%
Miners all fall today
http://www.investorresearch.mdgms.com/factsheet/factsheet_constituents.html?ID_NOTATION=13596752

I cant really sell any of the ones I own because I never bought enough in the first place :doh: So I'm just holding long term I guess unless or maybe a couple sales if they spike up.
So I agree they overvalued maybe but I think they have good prospects also, if the price stayed level the valuation ratios would become sensible again in time imo

A snap back with a stronger dollar would shake out some speculators, cant see how that'd happen but it might

You would think in this enviroment Debt Management would be GOOD buisness,

With interest rates so low maybe its all biased to the biggest banks and those receiving the QE money, gilt holders

Sabre,I thought BAE was a buy at sub £3 but higher NOT,lots of issues..Pension liabillities,Court Action,Defense Cuts etc

Yea I noticed later you had sold not long after. I was only quoting because I happened to buy some.
They've not done well for me since and might see 300 again I guess. They dont appear to have much support right here, a freefall could go to 200.
I liked the L shape to the chart, they are higher yield but imo not that risky and with all the bad news one of the few big companies with a sensible price still. They've not risen at all over 6 months, or fallen back from any rise even. Also they were tipped somewhere and I thought they made a reasonable case
I will check up on them again before buying any more because I dont think £3 number is guaranteed


As well as down the FTSE could just trade in a range, remember it was doing that before July. It only really declined for a couple weeks

sabretoothtigger

CRB is $248 today - http://uk.finance.yahoo.com/q?s=I:CRY0.NYB

[edit: Yahoo is being crap sorry, it was that price a month ago, its $15 more now http://stockcharts.com/h-sc/ui?s=$CRB
Which is 6.5% higher - rising faster then stocks]

Its basically the same price now as it was 20 years ago so are commodities in general overvalued, it seems not. The trend for them long term is up I think but speculating in any one commodity or the shares that depend on them is more risky or volatile.

cloud_dog

tonygee wrote: »

...Now everyone comes up with excuses to buy them,hyperinflation,currency,stagflation,you name it. The truth is most are loss making,have poor or no divs and will struggle over the next few years as demand falls. These will suffer the most in the next correction.

Yes, resource based stocks carry more volatility and are just as likely to be sold off if the holder needs liquidity but........ (putting his neck on the block).... I think resource, especially PM stocks will be the place to be going forward.

sabretoothtigger

The Independent apparently should write the next James Bond movie, that article they wrote certainly got wide exposure

http://www.thestreet.com/story/10609322/1/the-five-dumbest-things-on-wall-street-oct-9.html

As if Jim Cramer getting flogged by John Stewart on National TV was not enough to make you question Cramer’s value, Cramer’s financial media site TheStreet.com has now resorted to offering stock picks from $500 an hour psychic Monte Farber.

http://wallstcheatsheet.com/breaking-news/economy/jim-cramer-and-thestreet-com-hit-low-with-psychics-as-stock-pickers/?p=2488/


Its the new TA