UK Stockmarket 2009 and beyond

uk_steve

bobbyj wrote: »

news at CDC this morning is quite an eye opener. Basically values the copper project described as 'world class' at £15 million! I've bought!

good spot:beer:

i be trying to get in myself


this is a Stevie type company


Thanks in advance

worldtraveller

Good luck! Personally I'm selling most of my commodity stocks now as I believe that the bubble is getting a little bit too big.

StevieJ

worldtraveller wrote: »

Good luck! Personally I'm selling most of my commodity stocks now as I believe that the bubble is getting a little bit too big.

I am up 25% on those for just this financial year only and I was up over 40% on the lot I sold last March (to crystallise gain) so wouldn't be a shock.

worldtraveller

StevieJ wrote: »

I am up 25% on those for just this financial year only and I was up over 40% on the lot I sold last March (to crystallise gain) so wouldn't be a shock.

Similarly, I got into First State Global Resources Fund (one of my ISA & SIPP unit trust funds) back in January last year and it's up around 45% to date.

StevieJ

worldtraveller wrote: »

Similarly, I got into First State Global Resources Fund (one of my ISA & SIPP unit trust funds) back in January last year and it's up around 45% to date.

That is the one I am in, I switched from JPM in March.

bobbyj_2

This CDC has the Uramin team behind it so enough said. I'm buying big when I can.

tradetime

Moved some more of my ISA to cash.
Closed 50% Barclays on Thurs

Still holding reduced positions in:
Aviva
Barclays
Royal Dutch Shell
BP
Tesco
FTSE 250

tradetime

blinko wrote: »

cana nyone help, whats the best way to sell a large holding

I currently hold 10,000 shares and normal market size is around 5000 shares im just a little worried they might rob me on the price if i try and sell all in one big go

or is it better to do 2 x 5000
thanks

also lastly is anyone in nautical petroleum or encore oil

Surely they have to quote you a price that you agree too, before you sell.

cloud_dog

tradetime wrote: »

Surely they have to quote you a price that you agree too, before you sell.

I don't think blinko's been through this process.

I've done it a few times with SelfTrade and on most occasions the price I have been quoted has been pretty damn close to the online price.

Blinko, ring them up, ask for a quote to sell, you can always say no. You can do the split trades (as I have done in the past) even though most brokers have a disclaimer telling you not to do this as the trade may be cancelled / not go through.

worldtraveller

bobbyj wrote: »

This CDC has the Uramin team behind it so enough said. I'm buying big when I can.

As I said in my earlier post, good luck and that was not mean't in a derogatory sense at all, so I hope you didn't think so and that you do well out of CDC. Personally I tend to generally avoid individual company investments, prefering unit trusts, apart from the very rare long term (higher risk) punt, such as, currently, MWG (which CDC may well be for you of course). It's purely my investment style. However, at the same time, like most investors, I try to get in early and sell out when any sort of bubble is building. Commodities may well have more legs yet, maybe a lot more, but I'm happy with the recent returns and to largely cash out now and wait for another opportunity, maybe in commodities again down the road.