Suggestions for a speculative punt?

Apodemus

adindas said:

That is Warren Buffet Principles of Capital preservation. "Rule Number 1: Never lose money. Rule Number 2: Don't forget Rule Number 1."

But people should not blindly follow these principles when there is a clear sign that the companies is heading for bankruptcy.

This WB quote comes up quite a lot on here, but I'm not sure it is used in the way that WB really meant. I've always understood it to mean that you should always keep the prospect of a potential loss in mind when weighing up an investment. Not as advice to hold on through thick and thin in the hope of eventually getting your head above water. To me, it is advice not to go into an investment on the basis of just chance that it will come good, or putting money into a random collection of investments in the hope that one of them will come good.

Moe_The_Bartender

adindas said:

Apodemus said:

Moe_The_Bartender said:

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.

Can't speak for either of these companies, but I suspect that you are correct that the technologies allied with EV are possibly a better bet at present than the EV makers themselves.

In my personal opinion EV sector creates an ecosystem of business and opportunity. Not just Nio, Tesla, Xpeng, Li, BYD

It is from mining nobel raw metal such as Copper, Nickel, Lithium. It is predicted with the curent predicted demand of EV production the mining industry will not be able to cope with demand. If you see the stock in mining such as Freeport McMoran has jumped significantly.

EV Battery manudafcturer like Romeo Power,

Charging station like SBE, Blink

Fintech: Innovation in Financing. Some companies like Li allow people to buy the car and just rent the battery (20-30%) of the EV price.

Not to mention technology for driverless vehicles such as Lidar, and other sensoers, cameras,etc. Apart from mining, Tesla have it all.

Many those stocks above have been covered on this thread. Just look at how they perform now.

The thing about Chargepoint (SBE) is that it has first mover advantage. It’s way ahead of the competition in the number and range of charging stations that it operates and not only sells the charging points but picks up a royalty every time someone tops up. Blink is miles behind and is hated by its customers if the reviews are to be believed.

If you fill up with diesel or unleaded, the car doesn’t care if it's BP, Shell or anyone else. You still have to fill up. So if your electric car maker goes out of business, you still have to go to a charging station to top up. It’s the old adage that the people who got rich in the gold rush were those who sold the picks and shovels rather than the miners who mostly went broke.

Moe_The_Bartender

Another one I’m watching closely is Graphcore, the Bristol based AI chipmaker which is likely to list on NASDAQ before long. I have an interest in it through Merian Chrysalis (MERI) which has a substantial holding but it looks like a winner to me.

Ted_01

Moe_The_Bartender said:

Another one I’m watching closely is Graphcore, the Bristol based AI chipmaker which is likely to list on NASDAQ before long. I have an interest in it through Merian Chrysalis (MERI) which has a substantial holding but it looks like a winner to me.

Interesting video on their website. Graphcore looks like a good company but theres nothing 'AI' about their chips. Instead of of CPU they call their chips IPU's - Intelligent Processing Unit. Thats just marketing, theres nothing intelligent about their chips, simply their chip achitechure offers better performance than the competitors.

Moe_The_Bartender

Ted_01 said:

Moe_The_Bartender said:

Another one I’m watching closely is Graphcore, the Bristol based AI chipmaker which is likely to list on NASDAQ before long. I have an interest in it through Merian Chrysalis (MERI) which has a substantial holding but it looks like a winner to me.

Interesting video on their website. Graphcore looks like a good company but theres nothing 'AI' about their chips. Instead of of CPU they call their chips IPU's - Intelligent Processing Unit. Thats just marketing, theres nothing intelligent about their chips, simply their chip achitechure offers better performance than the competitors.

OK. Let’s rephrase. Their chips are designed for use in machine intelligence. As you say, their chips perform better than their competitors. That’s the whole point.

csgohan4

sold all my holdings in CINE now at a small profit, 17%. Too volatile and beyond my Risk appetite now. The roller coaster ride is too much for me to bear now. 

I think alot of investors also share the pessimistic sentiment now regarding CINE sadly. Some penny stocks are good, I don't think this one will do well. My crystal ball says it will tank below 50p soon. Maybe I'll pick up when it is 27 p again

ElephantBoy57

csgohan4 said:

sold all my holdings in CINE now at a small profit, 17%. Too volatile and beyond my Risk appetite now.  My crystal ball says it will tank below 50p soon. Maybe I'll pick up when it is 27 p again

I have done this with various shares over the years. They are low, then I buy in and sell after a good profit. I have done that with Morrisons, Sainsburys, Carphonewarehouse etc

csgohan4

ElephantBoy57 said:

csgohan4 said:

sold all my holdings in CINE now at a small profit, 17%. Too volatile and beyond my Risk appetite now.  My crystal ball says it will tank below 50p soon. Maybe I'll pick up when it is 27 p again

I have done this with various shares over the years. They are low, then I buy in and sell after a good profit. I have done that with Morrisons, Sainsburys, Carphonewarehouse etc

Shame I had some hopes on CINE, before the WB announcement there were doing well. But this yo yo of the share price is driving me nuts, I feel like a day trader with the share price ticker on my other screen, glancing and refreshing every few mins.

Lucky I got out before it dipped further, probably should have banked my profits when there were at 73 p and 30% up. We live and learn. The best trader is the one with hindsight

ElephantBoy57

csgohan4 said:

Shame I had some hopes on CINE, before the WB announcement there were doing well. But this yo yo of the share price is driving me nuts, I feel like a day trader with the share price ticker on my other screen, glancing and refreshing every few mins.
Lucky I got out before it dipped further, probably should have banked my profits when there were at 73 p and 30% up. We live and learn. The best trader is the one with hindsight

Its an international company, other countries are not feeling the effects of COVID as the UK. If it dips when I have funds, I may buy back in for the longer term.

Thrugelmir

Cineworld undertook a sale and lease back a few years ago. Distributing the proceeds as a special dividend. Subsequently incurred an annually increasing rent roll as a % of revenue. Woolworths undertook a similar strategy and paid the ultimate price in 2008.