UK Stockmarket 2009 and beyond

JamesU

sabretoothtigger wrote: »

I took back the ABG I sold at 4.47 for 2.40

I added ABG to the MSE portfolio yesterday, you've slipped out and need to do a reboot on there Sabre... Irrespective of market sentiment, think ABG tricky to gauge though, have to throw their productivity into the mix. Around 10% drop in production between 2011/12 and think that's not forecast to improve through 2013.

JamesU

sabretoothtigger

Thanks James. I already had ABG unfortunately and it doesnt add the dividends ! If trading sell before it goes ex I guess


Good jobs figures today. Im taking a meaner line with many small holds, raising stops. I figure March and april going forward is the time to presume market is topping out in happiness.

Dollar rising (from USA prospects) could bring reality back possibly. Though ultimately it might fall, its already effecting commodity prices I think

Sold some ESSR ENQ PMO POG
Took some Lloyds

POG could hit 220's Maybe 6% yield, thats either a company dying or massive opportunity, is Putin safe?

not forecast to improve through 2013

Some of the drop is fair enough. I would not argue for 600 just yet but its over done all the same I think.
When the mine was invaded and they had fuel stolen and so on, the price fell (400) but it was swinging down from fear momentum. It came back partly from strong gold (1900) but its similar now I reckon

It should come back some from now unless we see even more bad news, which is possible
Can they maintain that dividend ? I think thats more critical, KAZ cut theirs
ABX the parent is also priced very cheaply by market, their CEO just went I think

FX CHAT: Bill Gross says buy 5-year Treasurys amid selloff

Count the bond king as a bargain-hunting today. In his latest Twitter message after the jobs report, Pimco's Bill Gross says he likes 5-year Treasury, arguing the 0.91% yield produces nearly 2% return assuming the Fed holds rate near zero until 2015. The comment signals Gross doesn't believe this jobs report is sufficient to change Fed policy. He has been a fan of 5s in recent months; Gross told Dow Jones in December the Fed's buying and holding near-zero rate policy would support the notes' value. Still, he has been shying away from 10s and 30s amid worries that Fed stimulus will hurt them by fueling inflation down the line.

March 08, 2013 10:05 ET (15:05 GMT)

Im not overly encumbered by wealth like some :P so I can get 5% or so. I figure trimming back pays vs risk of nasty market later and/or loss potential profits

sabretoothtigger

turbobob wrote: »

I sold what I had of Fresnillo last week, it was looking toppy and PM miners look to be going through a bit of a rough patch at the moment.

I cant remember if anyone else is still holding or watching this. I wrote down an order for 1420 so Im generally expecting it to become more worth holding here.

However I have completetly forgotten why I like this price. Its lower then I sold so whatever!
They halved the div, results I think might confirm previous share fall meaning it could do much better in future

http://www.foxbusiness.com/news/2013/03/12/fresnillo-cuts-dividend-by-nearly-half-as-net-profit-drops/


Lloyds divested some of their wealth manager, good move. Its far higher priced then they are. Broke its 5 day average, could move to 60 optimistically or fall flat as it often does

VGM found in a ton of dirt, 242g or 8 ounces of gold. They have lost 33% since that report

sabretoothtigger

Ferrexpo iron of Ukraine and BHP Bhilton coming up for dividend payment this Thurs.

I figure I will have to reinvest both back into shares as neither overvalued. Commoditys not faring especially well at the moment despite the market boom, I dont think they are
I guess thats down to China in the main

1900 is the average dealt price for BHP in the last 4 years, by volume. Which makes it an extremely prominent price, I expect a small bounce if not a rebound! Unless much weaker then any news Ive heard.

FXPO is worrying but BHP is a relative bargain so endeth my humble reasoning


New Tax figures - I think alot more people will get caught out by 40% thanks to inflation? Making ISA or better still, scrip dividends more and more essential. I hope Lloyds start a scrip this year

Glen_Clark

sabretoothtigger wrote: »

Ferrexpo iron of Ukraine and BHP Bhilton coming up for dividend payment this Thurs.

I figure I will have to reinvest both back into shares as neither overvalued. Commoditys not faring especially well at the moment despite the market boom, I dont think they are
I guess thats down to China in the main

1900 is the average dealt price for BHP in the last 4 years, by volume. Which makes it an extremely prominent price, I expect a small bounce if not a rebound! Unless much weaker then any news Ive heard.

FXPO is worrying but BHP is a relative bargain so endeth my humble reasoning


New Tax figures - I think alot more people will get caught out by 40% thanks to inflation? Making ISA or better still, scrip dividends more and more essential. I hope Lloyds start a scrip this year

According to the FT Miners are down on concerns about increasing supply, rather than falling demand
I bought 400 BLT (BHP Billiton) @ £19.44 on Friday because they came back down into my price range, and I couldn't think of anything better.

sabretoothtigger

Down on an up day. Quite a few nasty shares put on a bounce just recently






Nice recovery by Barc and VED benefits from Cairn I think, they should continue to do well

sabretoothtigger

Barrack gold halts the building of one of the worlds largest mines, shares drop 8%

Also gold dropping 1500 for first time in two years, possible target is 1352 if this is a fully bearish move

Just when AMA and AAZ trades had risen for me a little, not so much now!

Glen_Clark

Everyone seems to seem to quote the Gold price in $ USD.
Its done better compared to £ sterling.

sabretoothtigger

Yep but sterling recovered a bit recently. My gold target is 1352, see what happens. The significance is QE2 (we are back to late 2010 prices) and alot of buying in this area, should at least slow it down

Considering market is trimming back a bit this might be useful, ex divs this wed
http://uk.reuters.com/article/2013/04/15/markets-britain-stocks-exdiv-idUKL5N0D215220130415

China reported lower growth then expected I think is the main driver plus general profit taking
I bought back my WG shares, they been picking up more oil service contracts this year

StevieJ

Good news for Cadogan, GPS are coughing up $29.5 milllion, good to see a commodity share on the way up. Does this mean that the cash balance outranks its market cap?

Further to the announcements of 15 February and 5 March 2013, Cadogan Petroleum Plc is pleased to announce that Cadogan and Global Process Systems LLC ("GPS") have reached an agreement concerning the purchase of two gas processing plants by GPS for the sum of $29.5 million. Upon Cadogan's receipt of the sale price the agreement will represent a full and final settlement of all claims and liabilities between them.

http://otp.investis.com/clients/uk/cadogan-petroleum/rns/regulatory-story.aspx?cid=46&newsid=335604