Bargain Hunt - Which shares do you have your eye on as they fall?

mr_fishbulb

I did quite well last year when Diageo fell with the rest of the market, but it's holding up alright this time round (so far).

I was looking at what I could buy, but I'm leaning towards using the money to add to the Natural Resources fund I currently hold (First State Global Resources). It's full of miners who have dropped a lot.

What are others looking at?

Newbie2saving

Good thread!

I want to top up my barclays shares which I bought at a height. Not sure if this will prove to be a good move, but I am looking to the long term so I think a share dilution will be of benefit.

Also would like to add a couple of blue chip shares to my S&S ISA for the long run, to reinvest dividends and accumulate stock that way - but tbh I can't decide on my investment strategy and think I may be best steering clear and going for a more passive approach with Vanguard Lifestrategy and stop tinkering!!!

gadgetmind

VOD, SSE and BLT are all at fairly good prices.

However ...

I also recently topped up that First State fund in one of my few remaining active portfolios, and am currently moving my wife's SIPP into Vanguard Lifestrategy!

LIB3RTY

I've been buying up shares of AUQ.TO

Gonna buy another 200 if it drops below $7 per share. I'm expecting a price of at least $12 by Xmas after Q2 and Q3 profits are announced.

Reaper

I have loads of RSA Insurance shares now, both preference and ordinary.

The ordinary shares are now offering a ludicrous yield of over 9%. I can only assume the city must think a dividend cut is on the cards but for the life of me I can't work out why. They have minimal direct exposure to Europe, though I suppose some domino effect could cascade through the whole financial system.

If anybody can explain why they are so cheap please tell me. Other insurance companies such as Aviva and Resolution have similar yields though I think are less attractive (eg Aviva has more exposure to Europe).

gadgetmind

Reaper wrote: »

If anybody can explain why they are so cheap please tell me.

No idea, but I'm heavy on Aviva and Amlin, so no more insurers for me!

Seany

BLNX and only BLNX - i'm topping up while the price is low!

Xbigman

How much risk can you handle.

CAD is back below 30p
RRL is now below 9p (after releasing 2 lots of good news - bizarre)
SLE is 40% lower than a month ago and a screaming buy at below 9p

There are stacks of these types of shares that could multi bag or tank. Pick the one with the most potential net worth and least debt and pile in.

I'm in RRL right now. About 11% down so far but that won't last long.




X

gadgetmind

Xbigman wrote: »

There are stacks of these types of shares that could multi bag or tank. Pick the one with the most potential net worth and least debt and pile in.

I don't have the specialist knowledge to evaluate oil explorers so must pass, but ...

Of of interest, what do people mean by "pile in"? £1k? £10k? £100k? More? What percentage of your portfolios?

thelawnet

gadgetmind wrote: »

I don't have the specialist knowledge to evaluate oil explorers so must pass, but ...

Of of interest, what do people mean by "pile in"? £1k? £10k? £100k? More? What percentage of your portfolios?

It must depend on the size of your portfolio and percentage.

If you've a larger portfolio, taking a risk with a substantial percentage is not a good idea, but with a smaller portfolio, it's more reasonable.

sabretoothtigger

APF

Questor mentioned them today. They collect royalities from gold mines and gold just fell alot but yet its higher then a year ago still which is what mostly counts for a company holding contracts long term

Also natural gas related companies, BG and maybe Weir if they go lower

Why, partly because gas is getting more expensive compared to oil and it looks like it might turn a corner as a group in future.

VOD, SSE and BLT are all at fairly good prices.

VOD 130 would be a good price. This is good because it hasnt fallen, not really a bargain type buy. Not on price alone anyway
For telecoms try TEF on NYSE with 15% yield is it ?:D They took O2 from BT

gadgetmind wrote: »

No idea, but I'm heavy on Aviva and Amlin, so no more insurers for me!

Insurers are exposed to stock values for returns I believe. It can cause solvency problems apparently. I agree its overplayed, SL is the safest

Even more extreme is EMG, again a kind of investor or fund manager with a giant yield