UK Stockmarket 2009 and beyond

blinko

OK i have just bought my first risky shares in GCM, geez i dont fancy this i am used to unit trusts etc but lets see how we do 216.50p

sabretoothtigger

Sold the SKR at 29 today, it rose on good volume. No apparent reason to suspect it wont keep going up but the plan was to take profits and maintain cashflow so unfortunately I had to sell.
Ideally I would have bought more or paid a lower price and got more in order to retain half the holding but ideals rarely happen

Im not upto date on markets moving or what is happening really. I had already discounted today as a residual movement from friday only pretty much.

I have artemis assets fund. Seems good but Im thinking of cashing it in for again for cashflow to place elsewhere later on. Depends if it rises a decent amount on todays action. He actually switches to cash within the fund quite often I think, 20 or 25%.
A real mixed barrel, sort of a uk fund but he is holding all sorts and shorting japanese bonds which yield less then 1%

Next target sale is hardy which isnt really in the region. In theory this should have longer legs then skr so less risky? Cant tell but I think their funding is ok and I was slightly worried about skr fund raising and dilution though accounting is not my best


POG fell back, gold slightly less popular. 'The risk is over' is one thing I read recently. Very ominousness :laugh:

Ireland CDS is up, other pigs down (CDS is cost of debt insurance roughly I think)

sabretoothtigger wrote: »

7 stocks at 12 months highs apparently

http://www.sharecrazy.com/share2607share/share.php?disp=high&epic=SL

This site's lists are useful (though a bit broad) for days like today where Im totally clueless on whats going on, shares soon to be be ex-div:

http://www.sharecrazy.com/share2607share/share.php?order=0&disp=exdiv&epic=SL

Which small cap shares rose the most since month start, SKR fluked me up the charts on this game. Why have I tried a hedge position in a fantasy trading game :laugh:
http://stockchallenge.co.uk/report.php?challenge=1009&report=full&order=position


SXX appears top, 111.76% in 4 days

bobbyj_2

smallcap miners back in vogue try BMR and BZT for 2 quick flyers. Best trade i can find though is XCITE ENERGY - XEL, should be 50% upside in this the next 3 weeks ahead of drill.

Kavor

turbobob wrote: »

Although its not in the smaller companies sector, my long term portfolio currently has L&G's UK Alpha fund which has a high percentage of small cap shares, and has generally done quite well, but its a volatile fund.

One thing that you need to be aware of with the L&G UK Alpha fund is that in the last 6 months the spread between the buy and sell price has increased from 5% (which is the initial charge), to 9-10%. Yesterdays prices were 97.08p and 106.6p.

turbobob

One thing that you need to be aware of with the L&G UK Alpha fund is that in the last 6 months the spread between the buy and sell price has increased from 5% (which is the initial charge), to 9-10%. Yesterdays prices were 97.08p and 106.6p.

Interesting, I'll have to check that out. I'm not sure why they would do that. I think funds do have the ability to value themselves on a different basis during fast moving markets when everyone is trying to get out at the same time..

Don't fancy Connaught much myself STT, as I said in the other thread, pure gamble The price swings are big, but so are the risks!

Connaught shares suspended today. http://www.telegraph.co.uk/finance/newsbysector/epic/cnt/7986271/Connaught-suspends-shares-warns-rescue-funding-unlikely.html

sabretoothtigger

Yea Ive been caught out on spread for funds a tiny bit. Even with HL it matters apparently so I'll avoid these type in future as its harder to swap a bit in and out like I want to

Strange markets this, went up alot quick. That was a tradational trend break but its been sideways pretty much there after, but looking bullish . However as always I have a theory.
I think US Index might break out upwards which usually leads to a bit of a selloff.
http://img168.imageshack.us/img168/6449/img12841118633816187490.gif [Higher lows]

I have a colleague who bought Cairn Energy at 17p and still owns them at 450p.

http://www.citywire.co.uk/money/junior-oil-shares-risky-but-the-returns-can-be-enormous/a429428?ref=citywire-money-latest-news-list
Nice, I thought I was lucky just to buy last sept at like 200
Cairn bought an old oil field from Shell for 17m is the story I think, they use some kind of reclaiming non conventional technology and its worked well for them


Sold some BP at 417, I overbought by accident. Laid off the last of my india etf lnft and saw SKR rise to 35p from my 29p sell, nice momentum but its fallen back on roughly the reasons I thought it might though on news it could/should keep going.
Hardy hovering I think, emed also though it appears positive

CashStrappedTeen89

What are folks opinions on XEL?.
I think its a bit of a gamble as it is just all the eggs in one basket but the potential looks really good.

blinko

sabretoothtigger wrote: »

Yea Ive been caught out on spread for funds a tiny bit. Even with HL it matters apparently so I'll avoid these type in future as its harder to swap a bit in and out like I want to

Strange markets this, went up alot quick. That was a tradational trend break but its been sideways pretty much there after, but looking bullish . However as always I have a theory.
I think US Index might break out upwards which usually leads to a bit of a selloff.
http://img168.imageshack.us/img168/6449/img12841118633816187490.gif [Higher lows]




http://www.citywire.co.uk/money/junior-oil-shares-risky-but-the-returns-can-be-enormous/a429428?ref=citywire-money-latest-news-list
Nice, I thought I was lucky just to buy last sept at like 200
Cairn bought an old oil field from Shell for 17m is the story I think, they use some kind of reclaiming non conventional technology and its worked well for them


Sold some BP at 417, I overbought by accident. Laid off the last of my india etf lnft and saw SKR rise to 35p from my 29p sell, nice momentum but its fallen back on roughly the reasons I thought it might though on news it could/should keep going.
Hardy hovering I think, emed also though it appears positive

still think there is momentum in india, although i do agree it is well priced, along with gold my middle east and africa fund is wallowing, bad reseraching there its struggling against the index

lucky its the smaller of my folio holdings and my GCM punt is holding around 210

yeah the cairn story is a ltitle like rockhopper, but theres loadsa petroleum companies that have busts out there,

again as before i still think short term markets are heading upwards and so far my position seems to be holding i reckon ftse will be a firm 5700 at year end

worldtraveller

blinko wrote: »

..again as before i still think short term markets are heading upwards and so far my position seems to be holding i reckon ftse will be a firm 5700 at year end

The FTSE, like other indexes, seem to be pretty range bound currently. There are, no doubt, gains to be made in this situation, with an ongoing strategy of buying low & selling high, but you need to be active in the market pretty much all day long to get the full benefit. Something that I can't always do.

IMHO, as posted earlier, we will see these range bound movements for some time, but I have to disagree with your view on the FTSE at year end. I would see it at somewhere between 4750-5250.

I appreciate that my viewpoint is quite a large spread, but I believe that we will see a fairly large correction at some stage towards the end. However, the exact timing is very difficult to predict. Also, having seen a major correction south, we may well see a similar major correction north fairly quickly afterwards, which may well scupper my favoured view.

StevieJ

Well, St Leger day out of the way, the old adage was not very predictive this year unless you had sold at the very beginning of May.
6000 year end for me.