Share tips thread
Discussion
lewisf182 said:
have been trapped in ever since in the usual suspects
lewisf182 said:
BPC
Me too -1,972.73 -78.60%lewisf182 said:
Ortac
Me too -1,714.07 -84.86%lewisf182 said:
Berkely Minerals
Me too -3,758.95 -68.13%lewisf182 said:
Gulf Keystone
Me too -559.76 -24.09%We must have the same financial advisors
Here's another of my favourites...
Red rock resources -3,335.30 -94.53%
Thank god for Tullow Oil, but even that's taken a hit recently.
When dirty buys, short. Repeat when dirty buys, short.Read and posted to bits of Pistonheads for a while but I can't believe that I've never looked at this thread before.
I have been putting a few thousand a year into a share trading ISA for a few years and my stock picking was hit and miss for a while but I seem to have been more patient and consistent recently (about FTSE100 total return + 6% for the last 3 years), the biggest single lesson I have learned (painfully) is to have a 10% stop loss on all new purchases, I could have saved thousands if I had done that from the off.
Today I hit 20% ROI year to date, so I'm still up on the market in 2013. The current picks tend to be higher yield stocks with a strong international sales base rather than growth stocks. Current holdings are: Aviva (AV.), Charles Taylor (CTR), Creston (CRE), Harvey Nash (HVN), Huntsworth (HNT), Interserve (IRV), Kenmare KMR), Shell (RDSA), Tullet (TLPR).
I have been putting a few thousand a year into a share trading ISA for a few years and my stock picking was hit and miss for a while but I seem to have been more patient and consistent recently (about FTSE100 total return + 6% for the last 3 years), the biggest single lesson I have learned (painfully) is to have a 10% stop loss on all new purchases, I could have saved thousands if I had done that from the off.
Today I hit 20% ROI year to date, so I'm still up on the market in 2013. The current picks tend to be higher yield stocks with a strong international sales base rather than growth stocks. Current holdings are: Aviva (AV.), Charles Taylor (CTR), Creston (CRE), Harvey Nash (HVN), Huntsworth (HNT), Interserve (IRV), Kenmare KMR), Shell (RDSA), Tullet (TLPR).
Edited by JPBailey on Tuesday 21st May 22:28
I bought it in the low 40's in the end of Feb dip, a useful yield that seems secure means that stock is likely to rise.
You have to be on the lookout for yield dumpers though, I sold a load of Aviva at 370ish due to dividend dropping signs and bought back in at 300 once the bad news was out, even the cut divi was still over 5% at that price
You have to be on the lookout for yield dumpers though, I sold a load of Aviva at 370ish due to dividend dropping signs and bought back in at 300 once the bad news was out, even the cut divi was still over 5% at that price
B17NNS said:
Welcome along.
Now get some AIM oilers bought and join us as we cry into our cornflakes every morning.
I eat my cereal off a loaded shotgun Now get some AIM oilers bought and join us as we cry into our cornflakes every morning.
With respect to stop losses, many of those big losses were stuff that happened a few years ago, however, what stopped me using them was extremely volatile shares (Desire in particular) I was putting a 6/7% stop loss on, and the daily swings meant I had to keep repurchasing, as it would often fall by 10% a day, and I was hoping on big returns (who didn't!)
In any case, I dropped them all, and then lost a bit of interest, as Desire was what got me into shares...oddly, I made a fair bit of money on Desire, unlike a lot. I wouldn't check, and things would be falling off a cliff.
I just thought 'oh well' and carried on as i've got another 30 years till I retire to make them losses back.
I bought a fair bit of Tullow for peanuts though, which helped a lot, otherwise i'd have definitely spilled my milk!
dirty boy said:
I should be thankful 'Cosalt' no longer exists, as that too was on there....
Look at these beauties...
Haha, my 'portfolio' looks exactly the same as that! -72% overall lol.... I'm confident they will come good and tbh I dont need the money so i'm just going to hold them and let them play out! Gutting thing is they are well performing companies with good prospects so If I could have bought at the levels they are at, should they rise again i'd have made a fortune! ah well, captain hindsight.Look at these beauties...
Does anybody know roughly when GKP Court case decision due as im thinking of buying some more soon to try get a quick gain before I buy a flat (guaranteed the house market will fall on its arse once I enter it, seems to happen in everything else i do - so sell sell sell!)
lewisf182 said:
Does anybody know roughly when GKP Court case decision due as im thinking of buying some more soon to try get a quick gain before I buy a flat (guaranteed the house market will fall on its arse once I enter it, seems to happen in everything else i do - so sell sell sell!)
Not sure, plenty of chatter over on the advfn boards about it. Messy forum though and very b
hy. Strong morning for GKP.Ok you guys nursing those heinous losses need to do some reading about cutting losses and diversification.
Most of them are small cap resource plays.
What about investment grade corpo bonds, large cap resources instead (BHP, RIO..)
Dividend payers, Emerging Market ETF's etc
I dropped my loss makers. I read somewhere if you get hit with a 10% fall, cut it.
Now with high volatility thats hard to do. So maybe on the smaller caps you need to be a bit more tolerant. But something tells me with those stats posted above something is seriously amiss
Id suggest: Diversify asset classes, look at your risk weighted assets (yours are all high risk) and think about managing the dead wood.
Most of them are small cap resource plays.
What about investment grade corpo bonds, large cap resources instead (BHP, RIO..)
Dividend payers, Emerging Market ETF's etc
I dropped my loss makers. I read somewhere if you get hit with a 10% fall, cut it.
Now with high volatility thats hard to do. So maybe on the smaller caps you need to be a bit more tolerant. But something tells me with those stats posted above something is seriously amiss
Id suggest: Diversify asset classes, look at your risk weighted assets (yours are all high risk) and think about managing the dead wood.
Edited by ringram on Wednesday 22 May 15:12
ringram said:
Ok you guys nursing those heinous losses need to do some reading about cutting losses and diversification.
Most of them are small cap resource plays.
What about investment grade corpo bonds, large cap resources instead (BHP, RIO..)
Dividend payers, Emerging Market ETF's etc
I dropped my loss makers. I read somewhere if you get hit with a 10% fall, cut it.
Now with high volatility thats hard to do. So maybe on the smaller caps you need to be a bit more tolerant. But something tells me with those stats posted above something is seriously amiss
Id suggest: Diversify asset classes, look at your risk weighted assets (yours are all high risk) and think about managing the dead wood.
Oh, don't worry, I have Vodafone, Tesco etc at the top of that portfolio, sold Sainsburys this week, have some cash to invest, but biding my time.Most of them are small cap resource plays.
What about investment grade corpo bonds, large cap resources instead (BHP, RIO..)
Dividend payers, Emerging Market ETF's etc
I dropped my loss makers. I read somewhere if you get hit with a 10% fall, cut it.
Now with high volatility thats hard to do. So maybe on the smaller caps you need to be a bit more tolerant. But something tells me with those stats posted above something is seriously amiss
Id suggest: Diversify asset classes, look at your risk weighted assets (yours are all high risk) and think about managing the dead wood.
Edited by ringram on Wednesday 22 May 15:12
I must have struck lucky with my choice of shares when I dipped my toe in the water just about two years ago as I'm up over 40% on my initial investment. Mainly RR, QQ, Vodafone and a few others but a big loss still with Glencore which is ruining my gains.
Correction according to the Barclays online share calculator I'm up 49.55% on my initial purchases.
Correction according to the Barclays online share calculator I'm up 49.55% on my initial purchases.
Edited by BIRMA on Wednesday 22 May 17:55
Gassing Station | Finance | Top of Page | What's New | My Stuff