Your Top share for 2011

mr_fishbulb

blinko wrote: »

buddy where are your stops ??

It's just a virtual portfolio I created in Google Finance when this thread started. I just added 1 share of each into the portfolio so I could see their performance.

I wanted to see how good the MSE crowd predictions were for picking shares. To begin with, it was doing OK - some fallers but also some big gains, but now it's down quite a bit.

Haven't got any of my money in there, it's just an experiment

jimjames

mr_fishbulb wrote: »

It's just a virtual portfolio I created in Google Finance when this thread started. I just added 1 share of each into the portfolio so I could see their performance.

I wanted to see how good the MSE crowd predictions were for picking shares. To begin with, it was doing OK - some fallers but also some big gains, but now it's down quite a bit.

Haven't got any of my money in there, it's just an experiment

I'm pleased my pick is backed with real money - so far at least!!

blinko

how do you guys find shares, ?

mr_fishbulb

blinko wrote: »

how do you guys find shares, ?

I personally only have funds. Waiting for my portfolio to grow to over £10K before I take the plunge into individual companies.

My "tip" for Supergroup on here came from initially hearing it in a Motley Fool podcast and then doing a little bit of investigation. It has grown stupendously quickly and relies on sheeple not realising it is based in some industrial estate up in Cheltenham (and not from Japan). But it did look like it had further to grow.

My sensible share is Diageo which I've had my eye on since they brought out their sales results back in May. I have a feeling they will do well out of the consumerisation of emerging markets.

So it's easy enough to find ideas for shares, but you need to do a lot of reading to convince yourself that they're any good.

jimjames

blinko wrote: »

how do you guys find shares, ?

Look for something mispriced and unloved that the market has ignored or oversold as it tends to do. I don't buy individual shares but investment trusts as per Graphite above.

sabretoothtigger

Learn to love the unwanted and find a reason why the market sheep are completely wrong. Obviously you can buy a normally successful company, some say Apple is still fairly cheap and might be right

But anyway its very common for people to overreact and misunderstand. Xcite sold off from 424 to 103 because of some higher taxes which they likely wont pay for years and have since been adjusted anyway and also confusion on how much reserves they actually have, lots of disappointment based on news where facts insubstantially changed or thats how it seems to me

Another one which is very split in perceptions is VGM which is a gold miner and it is just one mine so people are disappointed that the company dropped estimates.
Its more then halved in value, again its the same mine it always was and the main news is really we are exploring and investing, they have not yet said we found no gold. If they did, thats bad but the price fell so much its probably cheap now whatever happens next.
A company brief or tip even I read on iii earlier stated the valuation could be as low as 1 to 1 value with future annual cashflow.

Very possible, Ive bought companies with 3bn cash in bank and shares worth 2.9bn. Valuation of business aprox. minus 100k, markets are not automatically right.
The market has little backbone I think is the reason why this can happen, alot of money has zero interest in investing they just want instant profit

On the other hand, vgm is extremely risky compared to ftse100 company. Its just one foreign mine, maybe that government turns nasty. Maybe the gold price drops.
Maybe they explore and dont find that extra gold.
Generally people overreact, they see the worst possible scenario or the best.
So the job is to decide which, not that simple but its not rocket science either


Red Emperor dual listed recently on an arbitrage play. They say they are under valued compared to RRL who partner them alot. This is probably true, I looked at the chart and very possible they could have a uptrend.
I havent looked at ASX chart, I dont know the company figures really and I probably wont bother in the end.
It might be they are unpopular till any big news appears

HOIL is owned in large part by the guy who runs it I think. Its likely much safer then it appears. Its unpopular and Im not quite sure why except they are mostly in Iraq.


Except RMP, I sold the above shares recently in order to take profits. I still think they are good though maybe for double

Shatners_Bassoon

Anyone still in BMR after their drop from 9p high to current 3p levels?

Massive potential but still a long way to go.

sabretoothtigger

Im not but looks a similar story to alot of things. Its really hard to take the long view but I see over 1 year they are still positive and I think thats the main thing to focus on

VGM up 10% this morning but still a long way to go I think The gold price just taking off into the extremes beyond the belief of many has boosted the prospects of even an expensive mine like this one

Shatners_Bassoon

All miners are doing well today like RRR, OTC, VGM and SOLG initially but then the problem now is that any rise is sold into. SOLG released a great RNS and then it drops back quite some way. The market is too short term at the moment but as you say in the long term any sound companies will do well.

2 weeks ago I got a transfer to a SIPP account and what fun I had spending at a time when the markets were at rock bottom.

Got some in

BMR
RRL
ORE
DPL
TRP
ABH
MTV
RMP
BPC
XEL

I reckon most of the above will be a good investment over the next 12-24 months, already RRL have gone from 4p levels to 24p and then retraced but they have 20 drill this year and so many of their assets already underpin the SP. One hit in Georgia and Puntland will move things in the right direction. My target for the year end is 36p.

Credit-Crunched

I am nuts deep in RRL and RMP, if these come off I am looking at life changing money, if they tip 300p mark in the coming years I am gonna join the half millionaire club!

Long shot but that's how good life's are made!