Suggestions for a speculative punt?

bowlhead99

Old_Lifer said:

May I point you towards DKL in which I have been building a position for the last couple of years.  Shareholders  have been looking forward  to the production update which has been published today and it is brilliant.

CPO and CPKO prices have been making a bit of a much-needed comeback for producers this year with supply down in the industry. I'm in REA holdings which is producing in Indonesia - mostly via their preference shares RE.B which had fallen below par as they have stopped the dividends, and fell down to about 60p in the pound for part of this year, and I loaded up on the basis that prefs would be lower risk than the ordinaries if they pulled through the covid setbacks. The prefs are cumulative with a couple of years dividend unpaid now and the price has since gone back over 80p as there seems to be renewed confidence especially with the CPO price recovery.

I had a look at DKL first thing but they're illiquid and no online price quote available - and with the relatively small amount I might have invested, it wasn't worth paying for an expensive telephone trade.

csgohan4

bowlhead99 said:

Old_Lifer said:

May I point you towards DKL in which I have been building a position for the last couple of years.  Shareholders  have been looking forward  to the production update which has been published today and it is brilliant.

CPO and CPKO prices have been making a bit of a much-needed comeback for producers this year with supply down in the industry. I'm in REA holdings which is producing in Indonesia - mostly via their preference shares RE.B which had fallen below par as they have stopped the dividends, and fell down to about 60p in the pound for part of this year, and I loaded up on the basis that prefs would be lower risk than the ordinaries if they pulled through the covid setbacks. The prefs are cumulative with a couple of years dividend unpaid now and the price has since gone back over 80p as there seems to be renewed confidence especially with the CPO price recovery.

I had a look at DKL first thing but they're illiquid and no online price quote available - and with the relatively small amount I might have invested, it wasn't worth paying for an expensive telephone trade.

Where do yo get info on these type of obscure winning holdings? FT?

[Deleted User]

One that might get dizzy as investors try to figure out the correct future NAV
Keystone IT, now BG have been put in charge and it’s remit looks like the IT version of Positive Change

adindas

csgohan4 said:

adindas said:

Have You ever seen a supernova penny stock fly with such an Extreme Price Levitation? 25.71X  in just a few hours.

Greenwich Lifescience (GLSI)

It happened today started today 09/12/2020 from US$5.3 to US$129.33 in just a few hours

classic day traders pump and dump

Indeed. But as also pointed out by Username999 there is a major Catalyst e.g. a game changer in human life, something related to the drug for Breast Cancer. But this catalyst could not justify such an extreme levitation of 25.71X  in just a few hours.

We live and learn and we try to avoid what is well kown in the literature, FOMO (Fear of Missing Out) or panic Buying.

https://www.investopedia.com/terms/p/panicbuying.asp

Username999

adindas said:

Indeed. But as also pointed out by Username999 there is a major Catalyst a game changer in human life.  I Something related the drug for Breast Cancer.

Also the "insiders" hold 85% of the shares, so when it moves it will be violent!
Yesterday shares traded was 16,000,000+, normal volume is around 28,000.

csgohan4

interesting looking at EZJ and IAG, both dropping, could this be due to the brexit uncertainty? EZJ has shaved 100p in the space of a week, while IAG has shaved just under 10%. 

CINE remains volatile for obvious reasons

Still waiting on the ABNB to become live

Thrugelmir

csgohan4 said:

interesting looking at EZJ and IAG, both dropping, could this be due to the brexit uncertainty? EZJ has shaved 100p in the space of a week, while IAG has shaved just under 10%. 

The only certainty is that when the dust finally settles there's going to be a lot fewer planes flying. How this is going to play out on profitability who knows. Impairment charges for mothballing leased planes is going to hit all the carriers bottom lines hard. Those that eventually survive that is. 

csgohan4

Thrugelmir said:

csgohan4 said:

interesting looking at EZJ and IAG, both dropping, could this be due to the brexit uncertainty? EZJ has shaved 100p in the space of a week, while IAG has shaved just under 10%. 

The only certainty is that when the dust finally settles there's going to be a lot fewer planes flying. How this is going to play out on profitability who knows. Impairment charges for mothballing leased planes is going to hit all the carriers bottom lines hard. Those that eventually survive that is. 

however the infrastructure will still be needed to aid those carriers such as RR, which is modest at the moment. Like the shovel and the farmer analogy

Thrugelmir

csgohan4 said:

Thrugelmir said:

csgohan4 said:

interesting looking at EZJ and IAG, both dropping, could this be due to the brexit uncertainty? EZJ has shaved 100p in the space of a week, while IAG has shaved just under 10%. 

The only certainty is that when the dust finally settles there's going to be a lot fewer planes flying. How this is going to play out on profitability who knows. Impairment charges for mothballing leased planes is going to hit all the carriers bottom lines hard. Those that eventually survive that is. 

however the infrastructure will still be needed to aid those carriers such as RR, which is modest at the moment. Like the shovel and the farmer analogy

A third of pre Covid global airline routes , some 15,000, are currently non operational or have been cut entirely.  Recovery I  suspect is going to be a long slow grind. As Covid is going to be something that we learn to live with rather than defeat. 

csgohan4

adindas said:

csgohan4 said:

interesting looking at EZJ and IAG, both dropping, could this be due to the brexit uncertainty? EZJ has shaved 100p in the space of a week, while IAG has shaved just under 10%. 

CINE remains volatile for obvious reasons

Still waiting on the ABNB to become live

AirBNB goes live now. It is now around US$160. Want to buy at this price ? not for me. I always want to avoid FOMO.

yeah going to wait for the pump and dump short sellers and see how it pans it over the next few months