What is the riskiest share you have bought?

cashbackproblems

One of the major broker recommendations put HMV as a sell and overpriced, was considering buying in but will have to rethink!

Reaper

cashbackproblems wrote: »

One of the major broker recommendations put HMV as a sell and overpriced, was considering buying in but will have to rethink!

Is that "Seymour Pierce"? According to Digital Look they continually said "Buy" as the share price slid from 115p all the way down to today when they said "Sell". I have not seen the actual report or reasoning but I'm glad I didn't follow their advice earlier!

MacsReturns wrote: »

Oh, well, the roller-coaster ride continues - after yesterday's stonking 8% climb, HMV have had a stinking 10% fall today But PVCS retraced a bit

I must say I was a bit disappointed with the HMV report. Sales are lower and the world cup can't be blamed for everything. However I'm still optimistic. I never bought them for the share price going up - I bought them for income. And for that to work they just have to keep making money, which they are. The market has priced them as if they are on the verge of going bust which I don't believe.
I see the Motley Fool agrees with me: HMV Looks Too Cheap.

The PVCS you mention looks interesting. I see they have an expected 4.5% yield. I'll investigate when I get a moment.

Masomnia

cashbackproblems wrote: »

One of the major broker recommendations put HMV as a sell and overpriced, was considering buying in but will have to rethink!

As Reaper points out it is the most shorted stock in Europe. I wonder if the above broker is one of those with such a position?

cashbackproblems

Reaper wrote: »

Is that "Seymour Pierce"? According to Digital Look they continually said "Buy" as the share price slid from 115p all the way down to today when they said "Sell". I have not seen the actual report or reasoning but I'm glad I didn't follow their advice earlier!


I must say I was a bit disappointed with the HMV report. Sales are lower and the world cup can't be blamed for everything. However I'm still optimistic. I never bought them for the share price going up - I bought them for income. And for that to work they just have to keep making money, which they are. The market has priced them as if they are on the verge of going bust which I don't believe.
I see the Motley Fool agrees with me: HMV Looks Too Cheap.

The PVCS you mention looks interesting. I see they have an expected 4.5% yield. I'll investigate when I get a moment.

Yes the article was in the london evening standard. Another buy recommendation was Eros Entertainment.

tbh i dont like the hmv business model, music/dvd sales will never generate much income with free online downloads, plus no major games consoles out. I guess it just depends on whether the business is still undervalued at current price, i'll leave tht to the experts!

sabretoothtigger

Theres always a reason, this market is not lacking in people willing to take a risk.
Im not interested enough to take a look, because why is this company going to improve or grow profits, I cant see it especially.
Maybe the online case is overblown but they are being attacked on all sides from the supermarkets also.

I would rather recommend Tesco who havent got a low dividend, have not gone up in price especially and have growth prospects both laterally in this country through a banking license and abroad as well as online of course plus much more solid fundamentals.

Compare the debt ratios for tesco to hmv perhaps, ultimately the creditors are the owners. Often the best way to decide on these things is not in isolation but in duel between two prospects you like.


Not generally a fan of retail. With a weaker currency, its going to be export that grows in prospects. I think engineering as a sector excelled this year

MacsReturns

Reaper wrote: »

I must say I was a bit disappointed with the HMV report. Sales are lower and the world cup can't be blamed for everything. However I'm still optimistic. I never bought them for the share price going up - I bought them for income. And for that to work they just have to keep making money, which they are. The market has priced them as if they are on the verge of going bust which I don't believe.
I see the Motley Fool agrees with me: HMV Looks Too Cheap.

The PVCS you mention looks interesting. I see they have an expected 4.5% yield. I'll investigate when I get a moment.

The HMV results were a bit lacklustre, but the SP has closed the week pretty much where it began, so it just makes the rapid climb on Wednesday look a little out of place. Likewise, I bought in for the divi, which they seem intent on keeping and the cashflow is there to cover it. I'm certainly not going to make any rash decisions this side of the Xmas period results.

With PVCS, all that follows comes with a steaming great big pile of neon-highlighted DYOR :cool:

I admit I succumbed to one of the traditional investor afflictions, namely excessive exuberance and bought in when it was on a rise, having convinced myself it was on a turnaround from a recent bottom. I remain convinced it's a good company, but that I got in at a bad time.

The good: piles of cash, not debt; very good corporate culture (read the annual report) and switched on management - innovative but conservative; as wafer manufacturers they are not exposed to retail market, their customers make panels; oil prices won't be coming down much ever again; feed-in-tariffs; active in Europe and east Asia; recently opened new plant with good prospects for reducing production costs; make good long-term contracts

The bad: their product is becoming commoditised; competition from China; volume up but margins down; cut dividend (so take the 4.5% yield with a pinch of salt now...); FIT in Spain cut, FIT in Germany likely to be cut and questionably sustainable in UK despite govt commitment; there are other PV technologies and who knows which will ultimately be the best?

I bought in at 62p, it went up to about 65p before latest results, then with the sales figures and divi cut, soon took the plunge down to about 53p today. I only have a small holding, so may well 'double down' to get my average below 60p and hope for a recovery.

marvin

I have quite a lot of risk in my portfolio http://www.myportfolio.goodornot.co.uk/ I have lost on 2 (so far and will also on at least 1) but all my losses have been made up for with sales at a profit elsewhere and divi's.

hostertlady

fortune oil

i haven't a clue really but someone told me to get some shares in this company, i bought at 8p a share and it went down to 1p a share but i kept hold of them and they slowly crept up and down and now ( thanks to the reminder from this thread ) i have just checked and they are now 13p a share!!

hmm whats happening in oil at mo? shall i keep them-

also minmet

i bought at 3p and they went up to 12p and then down to 2p 1p 4p 5p and now i cant find them!!

marvin

hostertlady wrote: »

also minmet

i bought at 3p and they went up to 12p and then down to 2p 1p 4p 5p and now i cant find them!!

They delisted last month at 1.5p you would need to contact the company for more details on them now. They did have an offer of 12p a share in March but this fell through.

hostertlady

marvin wrote: »

They delisted last month at 1.5p you would need to contact the company for more details on them now. They did have an offer of 12p a share in March but this fell through.

de-listed?? i haven't had any paperwork or anything from them

:eek: