UK Stockmarket 2009 and beyond

JoeCrystal

Down by 2.61% from last Friday which means 4.5% loss at the moment.

tonygee_3

Market steadied this morning but muted.Like kitty Im only interested in 'yielders' Bought AV. BRE and IRV could make 10%+ if markets bounce
If not good earners

welshmoneylover

Why did you pick Interserve?

sabretoothtigger

He said high yield and they seem to qualify, just got a contract to repair roads from the government which is pretty secure work in a recession I'd say.
200m must be as small as they come

Market Cap:225.65M
P/E (ttm):4.15 x
EPS (ttm):43.50 p
Div & Yield:17.00 (9.37%)

welshmoneylover

I see, thanks for that. Where do you guys find out all this info about firms getting government contracts?

sabretoothtigger

It was in the news on yahoo.

Look up the symbol irv and it'll list various bits and bobs. They'll let you build a portfolio and track it.
Its a bit americanised so use digitallook as well or just google it and it usually brings up stuff - irv.l

welshmoneylover

thanks for the tip about yahoo. I must admit it's not a site I frequent at all. They seem a good buy for the long term, I might think about buying a few shares to build up my portfolio.

I am still kicking myself VERY HARD that I didnt buy barclays when they were 90p.

sabretoothtigger

I thought about barc at 50p, they did a double touch but just didnt really have the money to lose. At the time peston was discussing them, does no harm to read general news for sentiment, bloomberg is another because its always all about america
Poor anticipation leads to lack of participation, or something :laugh:

kicking yourself doesnt help exactly, theres always another company just maybe not one as big in this case. just identify why you didnt and remember next time, going purely on price isnt good reasoning

[Deleted User]

horrible time again: tin hats, falling knives and lots of crossed fingers and riding of troughs and crests. It was bound to be choppy for quite some time yet

My dh`s 25% cash from the sipp will be less than expected just a few days ago. Oh well, that leaves more cash in the sipp and I`ll buy more yielders. I`ll probably go for a defensive yet again

tonygee_3

Largely Commodities getting battered,theres no substance behind them.
Were in a 10 year global slowdown so wheres their earnings coming from
Stick to 'earners' and keep buying into panic,thats my plan
Bought TNI(range 64 - 79)