Shares

alansmith7

Hi All

I was curious to know whether anyone has bought shares in AA? im thinking about buying shares into AA and hopefully i will gain profit within couple of months and then sell my shares.

Also are there any other IPO coming into the market soon?

alansmith7

http://www.hl.co.uk/shares/ipos-and-new-issues?theSource=PCEFG&Override=1&adg=G+FSFL+IPO&gclid=CMi1z42F98ACFdLKtAodeHMAVQ

Rumoured IPOs Link

gkerr4

do you mean the RAC? the AA isn't listed on that.
interesting list though.

Virgin money is a curious one - its effectively the old Northern Rock - interesting to see what the market makes of it.

I'd be interested in jimmy choo too.

and EE come to think of it, but i can't see it being floated.

gkerr4

apologies - AA are already listed of course - ticker: AA.

alansmith7

gkerr4 wrote: »

do you mean the RAC? the AA isn't listed on that.
interesting list though.

Virgin money is a curious one - its effectively the old Northern Rock - interesting to see what the market makes of it.

I'd be interested in jimmy choo too.

and EE come to think of it, but i can't see it being floated.

AA are already on the London Stockexchange website, i would buy into Virgin Money and EE. I have heard there is a good change of EE being floated

alansmith7

Also i have recently bought shares into Worthington Group so far is going and im hoping the shares will be 60p by next week

gkerr4

most on here would disapprove, but i tend to think of IPO's as a "quick punt" - there are no dealing costs and if you get what you ask for and make a quick 15%-ish then you've done ok.

most IPO's (particularly main market) seem to be reasonably well priced - if i apply for £5k give or take and take £500 - £750 in a couple of days, doesn't seem bad to me. I'd take it every day of the week. (And then give up work!)

I think i've participated in, i dunno, 6 or 7 IPO's in the last year - Ive had one loser where i sold out with a loss of 6% - all the rest have done me at least my 15% and some into the 30% range (typically those where it was over-subscribed and i didn't get what i wanted from them!)

I'll try this for definite on anything likely to gain FTSE250 or FTSE100 status and most things which are "main market" - AIM IPO's, i think, take a bit more thought.

alansmith7

gkerr4 wrote: »

most on here would disapprove, but i tend to think of IPO's as a "quick punt" - there are no dealing costs and if you get what you ask for and make a quick 15%-ish then you've done ok.

most IPO's (particularly main market) seem to be reasonably well priced - if i apply for £5k give or take and take £500 - £750 in a couple of days, doesn't seem bad to me. I'd take it every day of the week. (And then give up work!)

I think i've participated in, i dunno, 6 or 7 IPO's in the last year - Ive had one loser where i sold out with a loss of 6% - all the rest have done me at least my 15% and some into the 30% range (typically those where it was over-subscribed and i didn't get what i wanted from them!)

I'll try this for definite on anything likely to gain FTSE250 or FTSE100 status and most things which are "main market" - AIM IPO's, i think, take a bit more thought.

I did buy shares in sports direct and royal mail last year and had a good return, i agree with you totally. IPO are for quick punt and thats what i prefer so i can have a good returned and sell out.

I was investing 5k and having a return of £500 every couple of days i would give my day job up as well but i knowing i could lose £5k i wouldnt take the risk

gkerr4

alansmith7 wrote: »

I did buy shares in sports direct and royal mail last year and had a good return, i agree with you totally. IPO are for quick punt and thats what i prefer so i can have a good returned and sell out.

I was investing 5k and having a return of £500 every couple of days i would give my day job up as well but i knowing i could lose £5k i wouldnt take the risk

but you wouldn't lose £5k would you - that would be your trading plan?
I guess thats my point - you need a trading 'plan' for IPO's - "plan a trade and trade a plan".... and all that

my plan is to sell within a few days - the number of days being determined by the opening performance and continued demand over the first few hours of trading.
if they open at a loss and don't recover within a couple of hours - or if they open slightly higher and decline within a couple of hours of trading - i cut the loss straight away. It costs me £9 to sell and i hopefully don't make too much capital loss - hopefully around 5-6% and no more than 10%

in my experience, it would be rare for an IPO to 'open' down 10% or greater - this would indicate a horribly incorrect pricing by the broker, although i guess it 'could' happen and possibly has to some on these boards.

sabretoothtigger

my plan is to sell within a few days

Everyone has that plan, it only works if someone wants to sell within a few weeks or better still some have a sneaky plan to sell in a few months

gkerr4

sabretoothtigger wrote: »

Everyone has that plan, it only works if someone wants to sell within a few weeks or better still some have a sneaky plan to sell in a few months

not really sure what you mean? why does it only work is someone wants to sell within a few weeks? - who? a 3rd party?

I just sell them through the broker i bought them from - i've either 'made' my 10-15% or i haven't.