Suggestions for a speculative punt?

csgohan4

ZingPowZing said:

bowlhead99 said:

bowlhead99 said:

pappadruid said:

Failing that, mainstream stocks such as BP and L&G, banks all very cheap at the moment.

I see Shell is around about where it was at the worst of March, while BP has fallen even lower despite having temporarily gone up 50% by June.  Instead of the ordinary equities I bought a couple of thousand of their 8% preference shares in mid to late March which are up 20% since then, plus the 4p dividend over the half year.

As the ordinaries are now lower than March's price I've put them back on my watch list, but wouldn't be a 'short term' speculative punt. There's unlikely to be a lot of short term news flow to drive BP higher until oil prices recover somewhat in the coming years - could take 2-3 years before we see $50 a barrel again.  Meanwhile the market didn't respond particularly favourably to the idea of cutting the dividend to invest in greener stuff. They have plans to increase their green investing from $0.5bn to $5bn over the next decade but the $0.5bn is just a fraction of their budget and so really it is uncharted territory for them, and they need oil to be flowing at good prices to be able to fund it if they don't want to cut the dividend further. While the long term doesn't bode well for a company too entrenched in 'old economy' oil, shares bought at £2 or so may be worth putting away for a few years.

Shell are faring a bit better perhaps and have seen a future in renewables ('the writing's on the wall') for some time. A contrast to Exxon who are basically sticking their head in the (oil and LNG) sands, and trying to make the most out of there existing expertise in hydrocarbon revenues as a cash cow while it lasts. There are certainly lots of different ways to play the sector, but for a 'speculative punt' thread you would normally expect to see explorers and miners etc with low chances to multi-bag, rather than multibillion behemoths which may be expected to take a while to release value.

I see RDSB is now a full 70% below its all-time high £28 share price that was reached around a year and a half ago, so have had a 'punt' on them 

862 to 1182
Excellent timing.

indeed, made a tidy profit, although I think his punt on William Hill was the best this year

However there is still some profit to be made on RDSB and indeed BP plc as well. 

[Deleted User]

Tipped Wm Hill did he? Very good. Of course, nobody gets everything right, as bowlhead would be the first to attest, but dealing in individual shares helps build a resilience to volatility that is very healthy.

csgohan4

ZingPowZing said:

Tipped Wm Hill did he? Very good. Of course, nobody gets everything right, as bowlhead would be the first to attest, but dealing in individual shares helps build a resilience to volatility that is very healthy.

Dealing in indiv shares is of course risky and not for the faint hearted. We all make bad investments, but hopefully more good than bad

I don't think he tipped, rather mentioned he had put some coin into WH when they were down months later when they recovered

[Deleted User]

csgohan4 said:

ZingPowZing said:

Tipped Wm Hill did he? Very good. Of course, nobody gets everything right, as bowlhead would be the first to attest, but dealing in individual shares helps build a resilience to volatility that is very healthy.

I don't think he tipped, rather mentioned he had put some coin into WH when they were down months later when they recovered

Aftertiming? Disappointing.. 

csgohan4

ZingPowZing said:

csgohan4 said:

ZingPowZing said:

Tipped Wm Hill did he? Very good. Of course, nobody gets everything right, as bowlhead would be the first to attest, but dealing in individual shares helps build a resilience to volatility that is very healthy.

I don't think he tipped, rather mentioned he had put some coin into WH when they were down months later when they recovered

Aftertiming? Disappointing.. 

You can't have BH doing all your work

To be fair alot of good tips on here in the past, like SMT, and  of course Tesla. If Only I had put some coin into those in the past, sadly the ship has sailed for both of those

adindas

Username999 said:

Before the actual merger you'd have to buy "CIIC" stock (CIIG Merger Corp) on the Nasdaq.
It's up jumped 24% yesterday and is up another 18% pre-market today. 
It's already OLD NEWS!!
After the merger, if it goes though, the new stock symbol will be "ARVL".

Thanks for the tip off. The profit gained from SPAC it is not like it used to be. Since recently the stock price is even falling after the merger. Considering the risk involved, nowadays I will only buying a SPAC when the price is still around the NAV price of US$10.

I am currently still holding this SPAC IPOB, PSTH, SRAC, SBE nice chart at the moment.

LCA, IPOC (not so nice at the moment, but at least it has turned green. I might consider selling LCA before the merger date.

I will investigate CIIC hopefully I could get hold of it around US$10. If we could get SPAC stock around US$ 10 the risk is very low and the potential reward is overwhelmingly higher than the risk.

You might want to have a closer look to SRAC about to jin with Momentus. They have a unique business model and no competitor, they might be joining with Elon Musk SPACE_X project in the future. More importanly the price is still very low at US$10.77 at the moment of posting.

Username999

csgohan4 said:

To be fair alot of good tips on here in the past, like SMT, and  of course Tesla. If Only I had put some coin into those in the past, sadly the ship has sailed for both of those

I think you're wrong.
Both ships have yet to reach the shore

Username999

Bitcoin has doubled since this thread started.
Now at all time high "Market Cap".

adindas

Username999 said:

Bitcoin has doubled since this thread started.
Now at all time high "Market Cap".

Bitcoin has gained momentum since the announcement of Paypal and its subsidiary Venmo to accept bitcoin in late October.

I think many will agree that to be able to use bitcoin on Payment processing platform such as PP and Venmo is a real game changer.

Username999

adindas said:

Username999 said:

Bitcoin has doubled since this thread started.
Now at all time high "Market Cap".

Bitcoin has gained momentum since the announcement of Paypal and its subsidiary Venmo to accept bitcoin in late October.

I think many will agree that to be able to use bitcoin on Payment processing platform such as PP and Venmo is a real game changer.

Possibly true but Etherium is out performing Bitcoin on the 12 month chart