What’s your big gamble? (Volume 4)

[T_S_M]

Legend83 said:

Mr Overheads said:

Blast from the thread past:

ZIM doing well recently, bottomed out at $6.39 in Dec23, currently $16.26 (it was around $72 in March 22, hence the gamble thread)

Yes I held mine and very slowly clawing my big losses back .

Worth a flutter even at the current $16?

My PHE is holding higher now and hopefully after Junes financial report it'll jump up again!

[Mr Overheads]

T_S_M said:

Legend83 said:

Mr Overheads said:

Blast from the thread past:

ZIM doing well recently, bottomed out at $6.39 in Dec23, currently $16.26 (it was around $72 in March 22, hence the gamble thread)

Yes I held mine and very slowly clawing my big losses back .

Worth a flutter even at the current $16?

My PHE is holding higher now and hopefully after Junes financial report it'll jump up again!

I averaged down all the way to the bottom. Lots and lots of £25 purchases using Freetrade. So my average is about $15 after the couple of large dividends in the early days.

I think it's a good proxy stock for the shipping industry which pays out good dividends in good years.

[Legend83]

T_S_M said:

Worth a flutter even at the current $16?

Depends on your strategy. I bought for the dividends, which then promptly dried up when the arse fell out of the shipping market. Don't forget the FX risk too..

[Adam.]

Legend83 said:

Mr Overheads said:

Blast from the thread past:

ZIM doing well recently, bottomed out at $6.39 in Dec23, currently $16.26 (it was around $72 in March 22, hence the gamble thread)

Yes I held mine and very slowly clawing my big losses back .

Back in profit, if it can get back 35 odd I might be able to forget the pain of EUA/FAR/GGP etc

[ferrisbueller]

Adam. said:

Legend83 said:

Mr Overheads said:

Blast from the thread past:

ZIM doing well recently, bottomed out at $6.39 in Dec23, currently $16.26 (it was around $72 in March 22, hence the gamble thread)

Yes I held mine and very slowly clawing my big losses back .

Back in profit, if it can get back 35 odd I might be able to forget the pain of EUA/FAR/GGP etc

With my previous Divs, I'll be even at about $20 at today's exchange rate. Sadly I need $50 to offset my EUA and GGP!

[asfault]

Zims dividend policy is 30-50% of profits.
so its generally either feast or famine.

I bought some about $7 I think but my average is still quite high $21 iirc.

[Adam.]

Need to check on recent stats but they used to have more cash than the total market cap

[asfault]

Adam. said:

Need to check on recent stats but they used to have more cash than the total market cap

they did but also were burning through that cash pile pretty quickly.

[Adam.]

asfault said:

they did but also were burning through that cash pile pretty quickly.

$1.8bn as at 31st Dec vs MC of $2.1bn

Pretty healthy

[asfault]

Adam. said:

asfault said:

they did but also were burning through that cash pile pretty quickly.

$1.8bn as at 31st Dec vs MC of $2.1bn

Pretty healthy

Yes but before that the had alot more iirc. however the recentish change in prices for them will allow them to grow that pile back up now.

[Legend83]

Wish I had bought more but as usual impossible to time the bottom - up 95% in a month!

[T_S_M]

Legend83 said:

Wish I had bought more but as usual impossible to time the bottom - up 95% in a month!

I bought some after the post on here the other day, up 20% in a few days! I'll only hold short term for a quick bit of cash (fingers crossed!).

[Mr Overheads]

T_S_M said:

Legend83 said:

Wish I had bought more but as usual impossible to time the bottom - up 95% in a month!

I bought some after the post on here the other day, up 20% in a few days! I'll only hold short term for a quick bit of cash (fingers crossed!).

They release 1st quarter results before US market opens next Tuesday 21st May. So should be an interesting lunchtime!

[T_S_M]

Mr Overheads said:

T_S_M said:

Legend83 said:

Wish I had bought more but as usual impossible to time the bottom - up 95% in a month!

I bought some after the post on here the other day, up 20% in a few days! I'll only hold short term for a quick bit of cash (fingers crossed!).

They release 1st quarter results before US market opens next Tuesday 21st May. So should be an interesting lunchtime!

I'll hold off doing anything until then

[asfault]

T_S_M said:

Mr Overheads said:

T_S_M said:

Legend83 said:

Wish I had bought more but as usual impossible to time the bottom - up 95% in a month!

I bought some after the post on here the other day, up 20% in a few days! I'll only hold short term for a quick bit of cash (fingers crossed!).

They release 1st quarter results before US market opens next Tuesday 21st May. So should be an interesting lunchtime!

I'll hold off doing anything until then

I suspect forward guidance will have a bigger effect. It seems generally accepted they will be profitable and have a div to give out.

[Skyedriver]

This week I have mostly been buying:
Lloyds - adding
Sage - bought at the drop but not quite the bottom
Aviva - adding
Pets at Home - adding
Rightmove - bought on the drop

Sold PHE at the recent rise and waiting to re enter as is slowly slithers south (hopefully)
Sold WOSG this morning near the sudden increase peak, watched it drop slowly (smile) then saw it had jumped up again late today. Held it in the red for quite a while so a profit is a profit.

[Chris Type R]

Skyedriver said:

This week I have mostly been buying:
Lloyds - adding
Sage - bought at the drop but not quite the bottom
Aviva - adding
Pets at Home - adding
Rightmove - bought on the drop

Sold PHE at the recent rise and waiting to re enter as is slowly slithers south (hopefully)
Sold WOSG this morning near the sudden increase peak, watched it drop slowly (smile) then saw it had jumped up again late today. Held it in the red for quite a while so a profit is a profit.

That sounds a lot more exciting than my TR25 Gilt purchase.

[Skyedriver]

And WOSG up more today. Still a profits a profit and the bruises from kicking myself for selling will fade.

[skilly1]

Pulled out of hummingbird last week at 9.7, I just felt the whole company was too risky, and did take a loss overall. They release an RNS today and it’s up 13%, typical.

[Adam.]

Skyedriver said:

This week I have mostly been buying:
Lloyds - adding
Sage - bought at the drop but not quite the bottom
Aviva - adding
Pets at Home - adding
Rightmove - bought on the drop

Aviva is my only sensible stock, how do you view it?