UK Stockmarket 2009 and beyond

tradetime

Hi Steve, I have an ISA with iii, for five or six months now, I don't really trade much through it, I only have it for the ISA wrapper, but for what I have done, it seems fine, if you do a reasonable amount of trades per month, and are not looking for an ISA wrapper I'd personally consider someone like Interactive Brokers, or possibly E*trade.

uk_steve

coolio thanks for that,

i seem to be hot and cold on trades some mths loads others hardly any

i go and look on how many trades i need to do with IB and Etrade now
but i think i may fall short to there min per mth

thanks ;-)

tradetime

I don't think there is any sort of limit on the number of trades with Interactive Brokers for UK trades, the main reason for it suiting the more frequent trader is cost average. Trade fees are a flat £6 for trade up to £50,000 value for LSE trades, thus saving about £4 against someone like iii, however, data from IB costs I think £5 per month for the LSE. Thus if you do 15 trades per year, you will save about £60 which will pay for the live streaming LSE quotes, although if you already have quotes from another source then I don't think there is a requirement to subscribe to data.
Free level 1 data is provided on US exchanges if you generate $30 or more in commissions on a North American bundled package.
With E*trade I believe there is a reduction in trade cost if you trade more than a certain amount per month, but I am not overly familiar with their costing structure

sabretoothtigger

iii is same as iweb or halifax sharedealing.

I ws flicking through iii yesterday and they do quite a big commentary and some blogs as well. I know they have been going a while because I signed up but didnt really use them maybe 8 or so years ago. I think they had a 10 year anniversary actually

The quality of service is ok, they are pretty good at answering questions via email or pretty much whichever way you ask though its not always the right answer they get there in the end.
The dealing is fine enough, it doesnt have free order setting like selftrade. Though they refund the 2 pound fee if its executed in 90 days, you cant edit though which makes it fairly useless to me

Cheap fees like you say, cheaper then IB even if you do the regular investment. I bet IB doesnt timeout when their busy though which is the biggest fault, on a really busy day or a share has some news then I would expect it slow down just like all the highstreet type brokers do.
Last september I even had to submit an order to sell at best price, a couple hours later I found out the price but thats not happened since


etrade are roughly 7.95 a trade if you do like 10 a quarter, if you dont they charge a holding fee and the trades cost 12 a time I think it is roughly.
Im not sure how well they work, I never got round to using them but they are the british part of a quoted american broker and might be decent or it just might be a white label

Is there any reason I cant sign up to an american broker. One is offering to give me 100 dollars and free trades for a month if I do


iii let you trade gld but halifax wont btw. Selftrade let you trade covered warrants but iii dont. They have an offer for £1 a trade right now btw
etrade might also do that if you sign up for an advanced account which I think costs more if you dont use it alot.
If you trade anything special like bonds or something ask first




Quite a few stocks listed here as being long term 'cheap' should their figures be solid in future prospects.
Rex is listed, Shell and a few others for their cashflow and low average PE

[1] 10yPE The ten year price earnings ratio is a measure of value. Assuming a company is as profitable in the future as it was in the past and an investor buys shares at a price of ten times its earning power, he should, in theory, get a return of 10% a year. That seems like a good deal. So long as the investor is fairly confident the company will still prosper, the share looks cheap. If the investor pays more, say 14 times earnings, the annual return will be lower (7%), a less good deal, unless the company’s prospects seem very bright. It’s easy to get carried away by a company’s prospects though and pay too much for a share, reducing the return. Buying shares on low PEs reduces that risk, and therefore increases returns.

[2] 10yCF The ten year price to cashflow ratio is also a measure of value. It’s the same as the ten year PE ratio except instead of averaging accounting profit, it averages the cash profit made by the company. Ultimately the company needs cash to pay its bills so arguably cashflow is more important. Just as with the price earnings ratio, a low price to cash flow in an otherwise healthy company implies the shares are cheap.

[3] FS Piotroski’s F_Score is a measure of financial strength and helps us judge whether the company really is healthy. It’s like a credit score, rating companies highly if they are profitable, profitability is improving, they are paying off debt, consuming less cash as they operate and relying on their own profits to fund their business. Needless to say, unprofitable companies raising funds from creditors or shareholders score less well. Statistically companies with low F_Scores are more likely to go bust, and earn investors lower returns.

[4] GG Graham Gearing is a much blunter measure of financial strength. It compares what the company owns (its total assets) to what it owes (its liabilities – bank debt, pension liabilities and so on). I named it after Benjamin Graham, who invented the measure. Graham thought companies that owned more than twice what they owed (total liabilities are less than half of total assets) were financially strong.

http://blog.iii.co.uk/?campaign=tips0001&link=tips0001_30_259_292&cp_c=qpynxw




Findel is mentioned on the same (very long) page, Sept 2nd 09 he discusses them starting from a stock screener perspective

In practice:
Six of the ‘best’
Here are the six cheapest stocks on the market. As Dr Keith Anderson, the inventor of the econometric method for divining them likes to say, they’re six of the best.


They’re not the best companies, they’re the six most unappreciated shares on the market. People may not like them for good reason, but their prices have fallen far lower than they may deserve. Should these companies survive and prosper, investors will recognise the shares are cheap and buy them, so they are, by Keith’s measure, the companies that are most likely to give investors the best return. The best investments, then.

Its only cheap if its worth buying imo and theres no computer for that calculation, the banks were cheap last year and still are I guess.
GS havent got to whitneys target yet, underperforming xlf by about 10% in this rally since trash has done best I guess

B_of_bric wrote:

Investment In Brazil Even More Attractive!
10 Clear Reasons To Invest In Brazil +1 very big reason

o Brazil GDP 5.1% year on year with 3.1% Quarter on Quarter Growth.
o Increasing investments of Real Estate Trust Funds (REITs) in Brazil market
o Brazilian Govt increased the lending cap for Brazilians buying homes
o Investment grade re-affirmed by Fitch Ratings
o Tourism in NE Brazil: Over 50 million national tourists plus 7 million international visitors expected in 2009
o Sustained FDI & Federal Government Investment in Infrastructure & Tourism
o Underdeveloped real estate market with acute national property shortage
o Low property prices offer excellent ROI in Real estate
o Inflation under control and interest rates dropping
o 2nd of September the Selic rate reduced to all time low of 8.75%


10 Good Reasons To Invest In Brazil

1. A growing economy
2. A young and growing population -
3. Plentiful supply of fertile land and huge amount of fresh water
4. Huge reserves of hard commodities
5. Largest exporter of ethanol
6. Huge Federal Government Investment programs in infrastructure
7. Underdeveloped real estate market
8. Value for money
9. Inflation under control and interest rates dropping
10. Natural beauty and friendly population

In 1989, official inflation had averaged 9.9%pa over the previous 2 decades. Since then it has averaged 3.3% pa

Rui_Santos

A good article pointing out that since 2003 it seems to have lost something.. The Baltic dry exchange often seen as predictor of markets, is it still useful?

sabretoothtigger

Not for shares afaik, it'd be a long term lagging indicator I think where as shares will jump in anticipation long before

Added GKP, bank of china http://finance.yahoo.com/q?s=3988.HK BGC and TEP to watchlist

uk_steve

this is my area :beer:

i am a holder of the following

Northgate i have great believe in this company

Findel i am a holder again (me and findel he!he!) i am 50 50 with this stock but i am going to let it run this time

---

stocks i dont have


White Young Green has posted they may be leaving the stock market
i did well with them mths back but i am going to pass on this company



Dawson i nr purchased @ 5.5p a mth back or so
but i was too nervous to do it personly due to the news at the time



Johnston press seems to be doing well now and a good recovery stock at the mo, i may re look again



seems like i totally missed Touchstone i have a read now;)




i personly think these below are up there as very good buys
thats just me ;-)

WKP
SDY
WICH

tonygee_3

Steve, III have an offer till end of month,transfer youre ISA and get up to £200 (based on 0.5% of your portfolio,thats cash and equities)
Beware though whilst transferring there will likely be a period where you cant trade

uk_steve

tonygee wrote: »

Steve, III have an offer till end of month,transfer youre ISA and get up to £200 (based on 0.5% of your portfolio,thats cash and equities)
Beware though whilst transferring there will likely be a period where you cant trade

oh yeah just seen that, thanks Tony

i have only opened up an isa about 3 weeks so my allowance at the mo with profit is 7,500 ish

so 0.5% cash back = £37.50 ish better then nothing

good news i have 2 long stocks in my ISA so the no trade period is going to be ok with me:T


i want to make sure iii is better or as good as Selftrade before i do that
transfer

uk_steve

Touchstone seems a long shot IMO didnt like what i was reading and charts

so for me to say its a long shot,its a round the world missle :-)


J/Press seems like all the fun has allready been done IMO its at the level it was last year allready,
but i have noted the 6 stocks was done in August
so in the last mth its gone up 80% from 23p to 43p