Suggestions for a speculative punt?

Apodemus

Old_Lifer said:

AFC .   Todays RNS

Indeed!  My AFC holding is standing at 70% up...and I've not had them four weeks yet!  But, as with all things to do with the AIM,  definitely a speculative punt and not for the faint-hearted.

adindas

Watch out Another Charging Station EVBox (It claims the largest in the Europe) will go Public via reverse merger (SPAC) with TPG Pace Beneficial Finance (NYSE:TPGY)

https://www.fool.com/investing/2020/12/11/why-this-spac-more-than-doubled-today

It might repeat the success story of SBE (ChargingPoint) and cuttely cheaper valuation than SBE.

The Current price is currenlty reasonably high, so It might be good to wait until it pulls back further down for an ideal entry point. Those who do not know SPAC. Good SPAC will normally rise to 2X before the merging date.

As always be the case: We invest with confidence, but we take your own gain but also need to take the pain (loss).

Old_Lifer

I gave-up trying to make a quick profit when I didn't really know much about the company decades ago.  I realized I was just as likely  (or more likely)  to make a loss.   I started taking a long-term view and although I followed a company closely, I didn't pay much attention to day to day ups and downs in the share price.   If there was a sharp fall in the share price and I still had confidence in the company ,   I would buy more shares.

I have been a shareholder in AFC  for nearly five years. buying initially at  slightly more  than 14p , then topped-up around 10p   and a year or more ago  my top-ups were  at around 5p and below.    I think my average is now around 8p.

I am hoping for good news from  EQT in which I have also built-up a holding,   in the next few days   (one must always hope.). Plently of deals in the pipeline but it is closure that counts   but  I understand that a recent appointment of someone who I believe has a history of closing deals will hopefully expedite things.

Apodemus

Old_Lifer, just like you, I am predominantly a long-term holder of investments - my oldest holding is one I've had for over 50 years!  As far as possible, I do lots of background research before committing to an investment and I'm probably more guilty of "paralysis by analysis" than speculation.

My AFC shares are in my SIPP, a very small portion of which I allocate to AIM stocks for both growth and interest.  My SIPP is deliberately overweight in the energy sector and I chose AFC as part of a strategy to have suitable players in each part of the technology stream.

 

adindas

Kazakhstan Fintech Kaspi.kz (KSPI) go IPO today in LSE.

You will not find a lot of analysts talking about this as it is new. But there is a lot of news such as:

https://www.forbes.com/sites/kenrapoza/2020/10/15/kazakhstan-fintech-firm-kaspi-surprises-with-huge-london-ipo/?sh=7d32942e470e

https://www.nasdaq.com/articles/kazakhstans-kaspi-valued-at-%246.5-bln-in-london-ipo-bookrunner-2020-10-08

Based on original valuation the price should be around US$33.75. But  the IPO valuation is very traditional anyway and in many cases (if not all) for the tech stock with high intrisic value, the opening price in the stock market is much higher than the original IPO price. Just look at the recent case with AirBnB, Doordash
The stock opened at $38 per share and traded as high as $46.90 with volume of more than 4.4m million shares. Currently trading at US$52.70.
It seems there are a lot of promises about this fintech company. Also, I just notice ARK Invest put their first bet on this stock.
I might jump into this train (Gravy train ? might be) but if I do I will definitely not buy it at the current price. I will wait until the volume is stabilised to see how much the investors are valuing this stock. Also by thta time hopefully there will be some analysts are covering this stock.

csgohan4

Has anyone punted on Copper ETC or mining groups, as the demand is high due to switch to cleaner energy?

adindas

csgohan4 said:

Has anyone punted on Copper ETC or mining groups, as the demand is high due to switch to cleaner energy?

I do not do ETF in mining groups but I do handpick a few mining stocks especially for "rare earth materials”, “Nobel metal". The Stock I have bought are MP material (MP), Freeport Mc-Moran, (FCX). Do your own DD on these stocks.

The problem with ETF is that many of them buy it when they are at long time high. So, you will not get advantage of buying the dip to make more gain.

People might say “time in the market” is more important than “timing the market”. Indeed, but while it is normally true in index fund, there are a lot of instances where you will need to apply this principle sensibly.

In fact, I believe many smart fund managers, do "timing the market" to some degrees when they enter the market. Ven they have decided the date to enter the market, the still wait the best tome to enter the market. I read it many are using VWAP indicators to determine whne the enter the market on a specific day. When you know” the knife if falling” you do not want to catch that falling knife. You could easily see that the knife is falling by looking into the trend or using a well know technical indicator. Not 100% accurate but you only need around 60%+ (say) correct to get a better gain. Also you do not need to catch the rock bottom as catching the rock bottom is almost impossible.

I have been observing the best fund manager such as way Cathie Wood from Ark invest nd other are  investing for a well-known establish stock; in many cases they add their position and keep doing DCA dollar cost averaging when there is a dip, not doing it insensibly.

Recent example. ARK invest has been the proponent of innovation in telemedicine and Gene Technology. Teladoc and Livongo (now both have merged) is one of their largest holding. Recently they bought million of Teladoc stocks but that is because the stock is making a significant dip (the dip is not because of fundamental issue), they do not buy randomly at any time at any price.

Thrugelmir

csgohan4 said:

Has anyone punted on Copper ETC or mining groups, as the demand is high due to switch to cleaner energy?

I've been top slicing mining stocks. That boat has sailed. 

adindas

Thrugelmir said:

csgohan4 said:

Has anyone punted on Copper ETC or mining groups, as the demand is high due to switch to cleaner energy?

I've been top slicing mining stocks. That boat has sailed. 

It is good to board the boat before they are sailing. But many people could not do that for various reasons such as need more evidence, not come into attention earlier, personal reason such as funding, etc. But you do not need to catch the boat while it is still on the port, even they are already sailing as long as you it has not reached the final destination where everyone have emptied the boat. The gain you make might be less than other people but it is better than not making gain at all.

Thrugelmir

adindas said:

Thrugelmir said:

csgohan4 said:

Has anyone punted on Copper ETC or mining groups, as the demand is high due to switch to cleaner energy?

I've been top slicing mining stocks. That boat has sailed. 

It is good to board the boat before they are sailing. But many people could not do that for various reasons such as need more evidence, not come into attention earlier, personal reason such as funding, etc. But you do not need to catch the boat while it is still on the port, even they are already sailing as long as you it has not reached the final destination where everyone have emptied the boat. The gain you make might be less than other people but it is better than not making gain at all.

Miners (as in commodities) provide a useful way of diversifying a portfolio. Hardly a new line of thinking.