Your Top share for 2011

thriftychap_2

Need to be honest, I sold my BARC and IAE shares while i was up. Pleased i did as they have both fallen since i did. Still very interested in keeping an eye on them though.

Well done to those that called Beowolf!

sabretoothtigger

Ron2256 wrote: »

They drilled a duster I think. I am glad I didn't invest.

But a duster is always possible. Its only going to stay at this price if every drill is the same.


caza is the lowest of that list I own.
RRL is the highest, its fallen recently and I bought a small amount as it could continue its general pattern of rises at this moment.
If it gets weaker I will scale in a further holding to add to my small long term hold of it


Gold value / USD

Dollar price is trying to pull out of its dive in these last two days. Its looking like it will flatten out, Im obviously doubtful it can actually rise alot while its operated so badly by the Fed.
USD can always surprise though, mostly I see this as short term shock possibility & volatility (see Silver) and it's too badly compromised long term for us to fear a bear market in commodities, oil, gold, etc

northerner77

mr_fishbulb wrote: »

I'm going to be boring and say It all depends what you want from a share.

If you want it for dividends then go for a utility company, but you won't get much capital growth.

Which of the utility companies at the moment have an attractive price?

Thanks

tatlitarif

thanks. good share.... bookmarked

mr_fishbulb

northerner77 wrote: »

Which of the utility companies at the moment have an attractive price?

Thanks

As in a dividend yield? Scottish and Southern Energy and National Grid seem to be high.

hails14

hi there i have been reading this thread today and it sounds interesting i am fairly new to this game. i have a few shares in barclays and wincanton but they have both took a dip

i am looking to add to my portfolio is it still worth putting money into BEM or RRL??

thanks in advance for advice

hails14

sabretoothtigger

RRL is ok so far as I know, alot of these shares will take years to get their potential but RRL actually produce oil and gas right now (in Texas). Its just not very much, they will drill in Somalia over the summer which may give similar results to Yemen apparently or most likely not unless they get lucky first try

All the shares are knocked back now as dollar rose a bit and general excitement in world events. RRL has no debt, they raise funds via shares which at least is pretty transparent

BEM Im not sure what is fair value but I wish I had more faith 6 months ago. RRL for me I think 20 is fair and 30 is reasonable target, if they did find major oil either in Somlia or georgia they drill too then 100p or more just like GKP did is possible (depending on costs)

Oil prices fell 15% in the last week

ChrisEvanson

My best advice is to "do your own research"

I took tips on Lloyds from someone I have great respect for but bought in at 71.5p and they are now 54p However he also tipped Taylor Wimpey and if I had put the same amount in to them I would have nearly cancelled out my lloyds losses.

No disrespct to Sabretoothtiger (or anyone else) but you don't know the people making suggestions and recommendations here, or what their holdings or interest are. I have read the Emed board on interactive investor website and whilst yes they may well make a lot of money eventually, they could equally not get anywhere and pull out and collapse, but because they are all investors they are almost like brainwashed fanatics in their optimism. I nearly bought at 16p and whilst they did lift a bit, they are now just under 11p - that would have been a big hit.

It is YOUR money so please do your own research and only invest when YOU feel totally happy at the risks and possible returns.

ses6jwg

ChrisEvanson wrote: »

My best advice is to "do your own research"

I took tips on Lloyds from someone I have great respect for but bought in at 71.5p and they are now 54p However he also tipped Taylor Wimpey and if I had put the same amount in to them I would have nearly cancelled out my lloyds losses.

No disrespct to Sabretoothtiger (or anyone else) but you don't know the people making suggestions and recommendations here, or what their holdings or interest are. I have read the Emed board on interactive investor website and whilst yes they may well make a lot of money eventually, they could equally not get anywhere and pull out and collapse, but because they are all investors they are almost like brainwashed fanatics in their optimism. I nearly bought at 16p and whilst they did lift a bit, they are now just under 11p - that would have been a big hit.

It is YOUR money so please do your own research and only invest when YOU feel totally happy at the risks and possible returns.

I agree, there are two classic examples I can think of recently.

Both were widely punted on messageboards as the next "10 baggers"

One was Nighthawk Energy. See chart:



And Empyrean Energy:




And let us not forget, ladies and gentlemen, put your hands together for our main act this evening, DESIRE PETROLEUM, Dun dun na na...... wheres my money gone?!

sabretoothtigger

Nighthawk I heard about, Texas oil I think that was. Some management upset, nothing compelling on reading about them. They are still at 6p not 12. I cancelled any order in Feb as they did nothing much.

Really got to look for expanding prospects and an imbalance in price vs those prospects.

I nearly bought at 16p and whilst they did lift a bit, they are now just under 11p - that would have been a big hit.

Price of copper has been falling since Nov so Emed as a potential copper mine has lost some of its lustre (+fear of more decline)

Main thing is you are looking at it all wrong really. There is no 'big hit' as you dont sell just because price drops.
There has to be a good reason to buy or sell and thats what a decision is based on - not pricetags. Is that how you shop at a supermarket

In this case the mine is delayed and copper fell some, theres no real bad news there. It could have been a lot worse so the price has gone from 20p to 11p on normal events, that doesnt really fit.
Hence we have possible value far more then was previously true.


ZEN is my worst case this year, no big deal but on this news vs price consideration I would rate them neutral.
Its understandable why the price fell but it is basically the same company working away as it was before..
Some management has changed so choppy seas