Share tips thread
Discussion
Fittster said:
DonkeyApple said:
And what of the counterparty risk of its trade book? It's a falling market and they are counterparty to lots of entities that won't be around in their current guise if commods stay down here.
Falling values, rising funding costs and spiralling counterparty risk.
It's really not important whether it goes bust, restructures, survives exactly as is. At this exact moment in time it is not an investment but a punt.
If you are fully signed up to the zerohedge view ( http://www.zerohedge.com/news/2015-09-28/19-billio...) then the world is ending.Falling values, rising funding costs and spiralling counterparty risk.
It's really not important whether it goes bust, restructures, survives exactly as is. At this exact moment in time it is not an investment but a punt.
However that road leads investing in gold and becoming a prepper.
It does not matter whether this stock is going bust, restructuring or going into recovery. It is not at this moment in time an investment. It is a punt. Only when there is actual clarity and clear support could it become an investment grade asset.
Absolutely any kind of new position taken now by a retail account is a punt.
There is nothing wrong with that but it is just not prudent to try and fool oneself that it is anything other than that.
DonkeyApple said:
If you do a quick search on PH you will find my views of ZeroHedge rather quickly.
It does not matter whether this stock is going bust, restructuring or going into recovery. It is not at this moment in time an investment. It is a punt. Only when there is actual clarity and clear support could it become an investment grade asset.
Absolutely any kind of new position taken now by a retail account is a punt.
There is nothing wrong with that but it is just not prudent to try and fool oneself that it is anything other than that.
Why do you consider it to be a punt today? It's always had counterparties and it's hardly unique in that. If its just "The future is unknowable therefore its punt" then its always been a punt but you can make that argument for an awful lot of large organisations. It does not matter whether this stock is going bust, restructuring or going into recovery. It is not at this moment in time an investment. It is a punt. Only when there is actual clarity and clear support could it become an investment grade asset.
Absolutely any kind of new position taken now by a retail account is a punt.
There is nothing wrong with that but it is just not prudent to try and fool oneself that it is anything other than that.
Glencore has debt but so much its about to go bust? Is the WSJ article wrong?
You chaps seem the right people to ask.
I have held SIP shares in a company I work for, for the last 3 years. They were given to all employees as a gift by the company on the basis that if we stayed employed with the company for 3 years we could keep them. That 3 year period is up now and I want to get rid as shares arent really my thing. The shares only amount to around £500 or so. I have not held any other shares or dealt shares ever before.
Will I pay capital gains tax? (In the three years the shares have increased by a substantial amound (around 70% I think)
I have held SIP shares in a company I work for, for the last 3 years. They were given to all employees as a gift by the company on the basis that if we stayed employed with the company for 3 years we could keep them. That 3 year period is up now and I want to get rid as shares arent really my thing. The shares only amount to around £500 or so. I have not held any other shares or dealt shares ever before.
Will I pay capital gains tax? (In the three years the shares have increased by a substantial amound (around 70% I think)
walm said:
TheLuke said:
Will I pay capital gains tax? (In the three years the shares have increased by a substantial amount (around 70% I think)
Do you have any other capital gains this year?If not then you are well within the FY16 £11,100 CGT tax-free allowance.
So - no CGT.
Thanks for the reply and clearing that up for me!
So quite the bounce back last week, bear market rally or did we put a bottom in? See everyone getting a bit excited about Oil .... double bottom etc.
The bounce back didn't come as a surprise but I am surprised we bounced quite hard for 6-5 sessions straight with very little pull back so far, the last short squeeze before we make new lows? Guess we find out soon enough.
twinturboz said:
g4ry13 said:
Since when is a 4% fall in a day a collapse?!
Does over 50% in 3 months count? Been here before in gpro, second it gets over 32ish (for this week) some momentum should come back.
Then needs earning catalyst to pop it back in the 40's -50's where it will be dumped again.
Hasn't GoPro pretty much peaked in terms of where they are as a business? Unless they start to make other products and use the brand they're going to get swallowed up. It's going to BBRY all over.
Edited by g4ry13 on Thursday 8th October 19:59
g4ry13 said:
Hasn't GoPro pretty much peaked in terms of where they are as a business? Unless they start to make other products and use the brand they're going to get swallowed up. It's going to BBRY all over.
RIMM as it was then was a great product and you could invest in it on fundamentals.They had huge barriers to entry and first mover advantage as the security for business use was extremely high.
And initially the only people who really cared about real-time push email were business users.
Having that market destroyed by a once-in-a-generation innovation like the iPhone is pretty bad luck.
GPRO on the other hand is completely different. It's a commodity product with virtually zero barriers. Action-cams will be in Christmas Crackers eventually.
However, it is a pure momentum stock. It doesn't trade on fundamentals.
So if the beat quarterly expectations the stock will go up and vice-versa (in the short term).
Long term they are a zero/take-out.
Exactly as above just use Gpro as a trading vehicle, wouldn't own it for the long term.
Earnings are about 2 weeks away, 25% short with what seems negative sentiment for the stock, if they beat nice pop if they don't this downtrend will just continue, who knows where that will take it.
Earnings are about 2 weeks away, 25% short with what seems negative sentiment for the stock, if they beat nice pop if they don't this downtrend will just continue, who knows where that will take it.
ringerz said:
Anyone in on Quadrise (QFI)? Been terrible year and I've kept topping up against my better judgement. Started to creep up nicely though, hopefully it's something of a retrace to 28-30p.
Same. I got in ages ago at 29p and decided to have a punt and double up at 9.9p.The last few days have been long awaited, and hopefully things will keep moving up. It's nice to be in profit again!
I did read though, that part of the recent blip is due to the Investors Chronicle tipping QFI.......
ringerz said:
Yeah, sounds exactly like I did. Got my average down to around 18p. Will see how the next 12 months go - whether Saudi and Maersk tests go as expected. Lots of positive noises, no idea on it's potential - or whether indeed there is any!
Topped up QFI a few times so that I could increase my loss when I eventually got out a while ago.Into BRBY today, expect will recover in due course
New to this lark but so far I have bought a few VW shares, some at 120 Euro before they bottomed, and some more at 100 Euro when they really bottomed.
Apart from that I bought some in Porsche SE when they were at 42 Euro, will buy more if they drop to 36.
Have a buy limit for Petrobras at $4.50, and ArcellorMittal at 5.00
My thinking is that VW is a huge diverse company with loads of good products, Petrobras is an absolutely huge company trading at a rock-bottom price due to the scandal, and it can never be a bad thing to buy into the biggest steel manufacturer in the world when commodity prices are in a slump, surely?!
As I said, I'm new to all this and just doing it with small amounts to learn and have a bit of fun. Anyone else got any opinion on the above or other opportunities they think look good just now???
Apart from that I bought some in Porsche SE when they were at 42 Euro, will buy more if they drop to 36.
Have a buy limit for Petrobras at $4.50, and ArcellorMittal at 5.00
My thinking is that VW is a huge diverse company with loads of good products, Petrobras is an absolutely huge company trading at a rock-bottom price due to the scandal, and it can never be a bad thing to buy into the biggest steel manufacturer in the world when commodity prices are in a slump, surely?!
As I said, I'm new to all this and just doing it with small amounts to learn and have a bit of fun. Anyone else got any opinion on the above or other opportunities they think look good just now???
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