Suggestions for a speculative punt?

Apodemus

Steve182 said:

123mat123 said:

Speculative punt... SMT  

I certainly wouldn't call SMT a "punt". To me a punt would be a spread bet on oil price or similar. I would call SMT more of a calculated risk with a very good chance of a positive outcome over a 5+ year investment horizon.  

Agreed, but not at any price!  123Mat's comment was posted on 10th July, when SMT had just crossed the 900 mark for the first time, having been in the low 700s just a month before.  In that context, and against the backdrop of some people's fears of a tec bubble, one person's calculated risk can very easily be someone else's punt! 

Username999

Electric vehicle tech provider XL Fleet to merge with SPAC Pivotal Investment in deal valued at about $1 billion
PIC 
https://www.marketwatch.com/story/electric-vehicle-tech-provider-xl-fleet-to-merge-with-spac-pivotal-investment-in-deal-valued-at-about-1-billion-2020-09-18

Thrugelmir

VW has revised it's strategy. Is now expecting to produce 1 million EV's per annum by the of 2023 and 1.5 million by the end of 2025. ID.3 is going to cost less than €30,000 and 37,000 reservations have been made already. 

Ciprico

Well, of the small punts I've made in last 6 months (in total less than 1% of total holdings...)
ITM power  -14%
Wisdom tree cloud -5%
Ceres Power +11%
Ishares gold  +10% (sold), gold went up with equities, disproving everything I thought I knew about gold
Nio Inc SPON  +2.75 %
overall result - no gain / no loss, but made life interesting, but still optimistic for longer term....

Thrugelmir

Current best smallish punt is Avon Rubber at 84% (of those at the March dip).  Worst is Exelon at -13%. Though much of this is an exchange rate loss. 

Prism

My only punt rather than a longer term investment was Merian Chrysalis which is now up 96% since I bought early April. Hard to know if to keep longer but I am tempted.

bowlhead99

123mat123 said:

Well, of the small punts I've made in last 6 months (in total less than 1% of total holdings...)
ITM power  -14%
Wisdom tree cloud -5%
Ceres Power +11%
Ishares gold  +10% (sold), gold went up with equities, disproving everything I thought I knew about gold
Nio Inc SPON  +2.75 %
overall result - no gain / no loss, but made life interesting, but still optimistic for longer term....

The ones I have at >50% over the last 6 months:

Harbourvest Global Private Equity HVPE 77% from 19 March and 60% from 23 March

William Hill WMH 90% from 23 March 

Restaurant Group RTN 126% from 23 March

Ocado OCDO 91% from 14 April

Playtech PTEC 62% from 1 May

Hochschild Mining HOC 64% from 12 May 

Dignity DTY 94% from 3 April and 104% from 11 May (though these are only topups to other purchases starting earlier in the year, my overall holding is only up 38%)

AA plc AA 53% from 13 May and 93% from 14 May
Workhorse Group  WKHS 70% from 26 August (after it was mentioned on this thread)*

Dishonourable mention - bought £2k worth of Greggs on 24 June at £17/share, thought better of it and sold 5/6ths of it a few days later for £16/share and kept a small amount... which is now down to £12/share and showing a 30% loss.    

The positive from it was that the money I took back from Greggs went into NIO that week at just below $8, which is now at $19; bit of a fluke on the timing and I took all the cost back out when it reached a 75% profit, leaving a token hundred shares or so to run.

I'm considering perhaps a punt on Wandisco (WAND) who released their results yesterday causing the price to fall almost 30% since Wednesday and now half the June price (though no lower than it was in Feb-March). A few of the directors invested a token £20-30k each this morning, not really meaningful in the context of their overall holdings so seems a token gesture but I do like to see directors buying after a blackout restriction ends. 

*thanks for pointing out the typo

Username999

I had a "punt" in 1988, I think it was originally Allied Dunbar, now it's Royal London With Profits Pen Plan.
Paid in about £4000.
Then forgot about it for 20 years.
It's worth about £91K now, 2175% ish.
It pays to have a poor memory sometimes

PETS.L has been a great share too, tripled from it's low, woof, woof.

(and it's Workhorse WKHS, workhouses went years ago!)

Don't worry only another 993 posts.

strongboes

For next week I'd suggest Genedrive, GDR, they have a tie up with Beckman Coulter and are due to receive required authorisation in the US and India (next week). Lowest market cap of any of the covid testing stocks and about to double or treble, fair value of 500p with decent sales figures which are expected imminently.

csgohan4

bowlhead99 said:

123mat123 said:

Well, of the small punts I've made in last 6 months (in total less than 1% of total holdings...)
ITM power  -14%
Wisdom tree cloud -5%
Ceres Power +11%
Ishares gold  +10% (sold), gold went up with equities, disproving everything I thought I knew about gold
Nio Inc SPON  +2.75 %
overall result - no gain / no loss, but made life interesting, but still optimistic for longer term....

The ones I have at >50% over the last 6 months:

Harbourvest Global Private Equity HVPE 77% from 19 March and 60% from 23 March

William Hill WMH 90% from 23 March 

Restaurant Group RTN 126% from 23 March

Ocado OCDO 91% from 14 April

Playtech PTEC 62% from 1 May

Hochschild Mining HOC 64% from 12 May 

Dignity DTY 94% from 3 April and 104% from 11 May (though these are only topups to other purchases starting earlier in the year, my overall holding is only up 38%)

AA plc AA 53% from 13 May and 93% from 14 May
Workhouse Group  WKHS 70% from 26 August (after it was mentioned on this thread)

Dishonourable mention - bought £2k worth of Greggs on 24 June at £17/share, thought better of it and sold 5/6ths of it a few days later for £16/share and kept a small amount... which is now down to £12/share and showing a 30% loss.    

The positive from it was that the money I took back from Greggs went into NIO that week at just below $8, which is now at $19; bit of a fluke on the timing and I took all the cost back out when it reached a 75% profit, leaving a token hundred shares or so to run.

I'm considering perhaps a punt on Wandisco (WAND) who released their results yesterday causing the price to fall almost 30% since Wednesday and now half the June price (though no lower than it was in Feb-March). A few of the directors invested a token £20-30k each this morning, not really meaningful in the context of their overall holdings so seems a token gesture but I do like to see directors buying after a blackout restriction ends. 

I am surprised William hill has gone up, didn't think they had such as online presence.

Also surprised at the restaurant group given reduced diners