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Suggestions for a speculative punt?

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  • CashMoney said:
    Hi people,
    Looking to diversify my portfolio so thinking of adding an EV company. I missed out on Tesla way back when it was around 290 per share and was now looking at Nio and Nikola. Which of these are the better option to invest in?
    Thanks
    To even think of 'investing' in Nikola suggests to me that you have done zero research into the current EV sector.
    Nio has a future, Nikola does not.
    But if I were you I'd get 'EV exposure' by investing in SMT (Scottish Mortgage Investment Trust).
    IMHO
    Sorry to be so under-informed on this, but what's the story with Nikola (sudden rise mid year then decline)?
    Thanks 
  • Username999
    Username999 Posts: 536 Forumite
    500 Posts First Anniversary Name Dropper
    edited 3 December 2020 at 8:08PM
    CashMoney said:
    Hi people,
    Looking to diversify my portfolio so thinking of adding an EV company. I missed out on Tesla way back when it was around 290 per share and was now looking at Nio and Nikola. Which of these are the better option to invest in?
    Thanks
    To even think of 'investing' in Nikola suggests to me that you have done zero research into the current EV sector.
    Nio has a future, Nikola does not.
    But if I were you I'd get 'EV exposure' by investing in SMT (Scottish Mortgage Investment Trust).
    IMHO
    Sorry to be so under-informed on this, but what's the story with Nikola (sudden rise mid year then decline)?
    Thanks 
    Run by Trevor Milton!
     https://en.wikipedia.org/wiki/Trevor_Milton
    One person caring about another represents life's greatest value.
  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 3 December 2020 at 8:55PM
    csgohan4 said:
    adindas said:
    This was one of the reasons I sold CINE when up. Can't understand why they're skyrocketing.
    I believe becuase of vaccine approval by the UK government. Vaccination will start soon and they will start making money. Many of Hollywood blockbusters movie launching have been postponed.
    With the signal like this it is very high chance the price will keep going up. But Certainly there is always small chance go down or even go bancrupt if we are unlucky.
    There will be some noise in the market due to extreme traders such as day Trader, Short sellers, etc. But you keep ignoring this noise, there is a good chance there will be bouncing back to pre COVID-19, the time where you might consider selling it.
    I do agree with Moe, however there's a difference to value investing which CINE, IAG are to investing to diversify and expanding your portfolio. Clearly renewables are the future and there's no dispute on this 

    CINE is purely speculative and a higher risk for sure than Moe's punts. But nevertheless if you got in early the windfall is still substantial if you sell in the short to medium term. 

    If there wasn't covid I probably would have had renewable sector in my portfolio, but with an 80+% gain on IAG, it was too good to miss out and alot of others on here have made a quick coin as well on the recovery value investing, I think BH has the best so far with rock-bottom William hill prices and potentially got 7x value

    Short of investing in an unknown SPAC which is more risky, getting that return in 6 months is Highly unusual and the chances of William hill collapsing is unlikely

    Certainly. Many people will agree that investing in selective Green Energy, AI, Cloud technology, EV, Fintech also highly selective bio tech modifying the gene (genomic) is a no brainer ... They have a lot of room to grow.

    One of things I do not like about investing in big energy companies even they are doing green Power, is their CEO pay. It is ridiculous, they even get rewarded for failure, making loss. Also, many of them are also distributing dividend to shareholders even the companies are making a los.

    About William Hill, unforunately they are already close to long time high. People normally do not like to buy stock when they  close to long time high.
    Also they are already higher than pre-covid 19. In this case you could not take the benefit of COVID-19 stock recovery.



  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 3 December 2020 at 8:30PM

    Sorry to be so under-informed on this, but what's the story with Nikola (sudden rise mid year then decline)?
    Thanks 
    Some people suggest Nikola should be called "Newton" as when they were filming a nice movement of the truck where in fact they were rolling the truck from the hill down using gravity.
  • CashMoney said:
    Hi people,
    Looking to diversify my portfolio so thinking of adding an EV company. I missed out on Tesla way back when it was around 290 per share and was now looking at Nio and Nikola. Which of these are the better option to invest in?
    Thanks
    To even think of 'investing' in Nikola suggests to me that you have done zero research into the current EV sector.
    Nio has a future, Nikola does not.
    But if I were you I'd get 'EV exposure' by investing in SMT (Scottish Mortgage Investment Trust).
    IMHO
    Sorry to be so under-informed on this, but what's the story with Nikola (sudden rise mid year then decline)?
    Thanks 
    Run by Trevor Milton!
     https://en.wikipedia.org/wiki/Trevor_Milton
    adindas said:

    Sorry to be so under-informed on this, but what's the story with Nikola (sudden rise mid year then decline)?
    Thanks 
    Some people suggest Nikola should be called "Newton" as when they were filming a nice movement of the truck where in fact they were rolling the truck from the hill down using gravity.
    Bloomin' 'eck, that is a punt with a big P.
    Yet you find stuff like this:
    https://markets.businessinsider.com/news/stocks/nikola-stock-price-good-buy-opportunity-focuses-semi-trucks-jpmorgan-2020-11-1029850331
    What to make of it?

  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Post of the Month
    adindas said
    About William Hill, unforunately they are already close to long time high. People normally do not like to buy stock when they  close to long time high.
    Also they are already higher than pre-covid 19. In this case you could not take the benefit of COVID-19 stock recovery.
    Well, clearly nobody is suggesting you buy now at 269p when shareholders have already voted for Caesars to buy them out at 272p subject to regulatory approval, meaning you would have to wait an unknown length of time for the deal to go through and get paid out, while having no realistic possibility of price improvement. I sold out a couple of months ago post announcement as mentioned here. But that's why the stock has flatlined since its rise in late September when the offer was announced, whereas a rival such as GVC (soon to rebrand as Entain) has moved up and down by 10% or so.  (GVC itself has tripled since the price trough in March, and is up a quarter over the last year).
  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 3 December 2020 at 9:47PM
    Those who is asking about Boeing. Good news catalisator has come
    "Ryanair's Boeing 737 Max order is a boost of confidence: Analyst"
    Ryan air is already at all time high, so you will not be able to benefit from COVID-19 recovery.
    Vaccine, Confidence in travel industry, I believe will boost the Next candidate EasyJet. Easyjet still have large room to grow until they reach Pre-Covid19. EasyJet Head office is now in Vienna so they willl not be effected by Brexit.


  • CashMoney said:
    Hi people,
    Looking to diversify my portfolio so thinking of adding an EV company. I missed out on Tesla way back when it was around 290 per share and was now looking at Nio and Nikola. Which of these are the better option to invest in?
    Thanks
    To even think of 'investing' in Nikola suggests to me that you have done zero research into the current EV sector.
    Nio has a future, Nikola does not.
    But if I were you I'd get 'EV exposure' by investing in SMT (Scottish Mortgage Investment Trust).
    IMHO
    Have been considering SMT for a while, but aren't they overly-reliant on TESLA?
    Re Nikola, do you think this is not to be taken seriously:
    https://markets.businessinsider.com/news/stocks/nikola-stock-price-good-buy-opportunity-focuses-semi-trucks-jpmorgan-2020-11-1029850331
    Thanks.
  • Shocking_Blue said:
    Have been considering SMT for a while, but aren't they overly-reliant on TESLA?

    That JP Morgan analyst is Paul Coster.
    He is ranked as 2,633 out of 7,124 analysts.
    His success rate is 47% (I'll bet yours is better than that).
    He's paid to talk JP Morgans book, not yours.
    There's a lot of analysts out there because it's an easy job and there's a constant demand for 'news' copy.
    Doubt very much he's put his own money into any of the stocks he's told to follow.
    After 7 of his Buy ratings NKLA stock went down.

    No "not to be taken seriously".
     
    One person caring about another represents life's greatest value.
  • I've said before that I don’t really do speculative but EV charging company Chargepoint has been on my radar for a while. Switchback Energy (SBE) is the way in and I intend to make  a small investment.
    The fascists of the future will call themselves anti-fascists.
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