Share tips thread
Discussion
dtmpower said:
SXX / Sirius is being banded around buy a colleague. He's in at about £10k / average price 23p, currently at 18p/19p . Is this a viable long term investment ? I have a poorly performing pension that I am looking to move into a SIPP and am happy to risk it.
I wouldn't, they've been all over the shop and it's more of a punt rather than investment. Boohoo is a good investment, I've mentioned them on here since they were at 30p and they're now sitting at £1.38 per share. They're making some great progress in USA and benefitting even more with the exchange rate whilst US Sales are rising by 90%.
I'd certainly expect Boohoo to be pushing towards £2-2.50 within 2 years and increasing sales.
John - Sirius have been banded around for a long while. I have a fairly sizable chunk (which should probably mean a sell sign...). They rose briefly to £0.50 and then announced a big rights issue for cashflow and the price has dipped back to where it began for me about £0.18 - £0.19.
They still have decent potential IMO but long term holding and my history with anything involved in mining is its often unrealised potential.
They still have decent potential IMO but long term holding and my history with anything involved in mining is its often unrealised potential.
dtmpower said:
SXX / Sirius is being banded around buy a colleague. He's in at about £10k / average price 23p, currently at 18p/19p . Is this a viable long term investment ? I have a poorly performing pension that I am looking to move into a SIPP and am happy to risk it.
Motley fool have written about 15 blogs over the last 6 months on SXX, ranging from the best investment ever to it'll be a complete disaster.I'm in on it, but it's risky, up to know the project has gone to plan, the management and engineering leads are experienced and the business case is solid, they've already got orders for huge amounts (of whatever the mine is going to mine) stretching out from 2020. The estimated production should (I've read) give a profitability that should value the company at £2 something assuming no further share dilution - which they've said they won't do they're going to start getting debt laden the nearer the opening gets.
tldr - they're building a mine to get stuff from under yorkshire, it's gone well so far but it's a long term thing.
Shnozz said:
They still have decent potential IMO but long term holding and my history with anything involved in mining is its often unrealised potential.
Hi Shnozz So I'll have about £7k transfer value to throw at a punt , all on SXX and forget about it ? Or spread across some other PH top tips ?
I won't even look at the value , in my mind it's dead money.
dtmpower said:
Shnozz said:
They still have decent potential IMO but long term holding and my history with anything involved in mining is its often unrealised potential.
Hi Shnozz So I'll have about £7k transfer value to throw at a punt , all on SXX and forget about it ? Or spread across some other PH top tips ?
I won't even look at the value , in my mind it's dead money.
You'd be mad to do that IMO. Its an outside punt and akin to betting more than calculated investing. I have about 2% of my portfolio in it as an outside horse that might come in.
Whilst £7k isn't going to see you retire, you're still young enough to grow it to a nice extra chunk of pension and to risk it all on a basic gamble is unwise IMO.
If we're renting again... I should probably look at my S&S ISA allowance for this year and next and fill that up. My cash is making no interest.
I'd be interested in some PH top tips (will DMOwnR) to have a read up on over the next few weeks.
Some of these online clothing retailers have done very well. They seem to be more stylish than Primark etc and girls tend to buy, throw away after one wear and buy another.
I'm not sure that's a great model for 'society' in these debt leveraged times but it's probably good for the retailers!
I fancy a punt on some energy shares as well e.g. PMO etc.
We should do a fantasy league of say 5-10 shares for the next 12 months, ISA maximum cap for buying.
I'd be interested in some PH top tips (will DMOwnR) to have a read up on over the next few weeks.
Some of these online clothing retailers have done very well. They seem to be more stylish than Primark etc and girls tend to buy, throw away after one wear and buy another.
I'm not sure that's a great model for 'society' in these debt leveraged times but it's probably good for the retailers!
I fancy a punt on some energy shares as well e.g. PMO etc.
We should do a fantasy league of say 5-10 shares for the next 12 months, ISA maximum cap for buying.
wilwak said:
I keep looking at IIP Infrastructure India Trust.
It's NAV is about 50p per share but the share price is just 8p.
It's investments just seem to be reaching completion.
Seems too cheap to lose on. Am I missing something?
Worth a punt?
Well, the company this morning announced a prolonged setback due to the withdrawal of large notes in India.It's NAV is about 50p per share but the share price is just 8p.
It's investments just seem to be reaching completion.
Seems too cheap to lose on. Am I missing something?
Worth a punt?
IIP owns some huge container facilities and bonded warehouses in India.
The shares fell this morning on the news.
I've jumped in and bought at 6.6p.
Hoping this punt could turn out to be a multi-bagger as long as it doesn't go bust!
wilwak said:
Well, the company this morning announced a prolonged setback due to the withdrawal of large notes in India.
IIP owns some huge container facilities and bonded warehouses in India.
The shares fell this morning on the news.
I've jumped in and bought at 6.6p.
Hoping this punt could turn out to be a multi-bagger as long as it doesn't go bust!
80% of it's investment is in one company - Distribution Logistics Infrastructure Private Limited - doesn't seem like a sensible thing for a close ended investment company to be doing.IIP owns some huge container facilities and bonded warehouses in India.
The shares fell this morning on the news.
I've jumped in and bought at 6.6p.
Hoping this punt could turn out to be a multi-bagger as long as it doesn't go bust!
There's a ton of ETFs and other ways to invest in the wider Indian economy, Jupiter Indias fund has done nearly 8% since the new year.
FredClogs said:
wilwak said:
Well, the company this morning announced a prolonged setback due to the withdrawal of large notes in India.
IIP owns some huge container facilities and bonded warehouses in India.
The shares fell this morning on the news.
I've jumped in and bought at 6.6p.
Hoping this punt could turn out to be a multi-bagger as long as it doesn't go bust!
80% of it's investment is in one company - Distribution Logistics Infrastructure Private Limited - doesn't seem like a sensible thing for a close ended investment company to be doing.IIP owns some huge container facilities and bonded warehouses in India.
The shares fell this morning on the news.
I've jumped in and bought at 6.6p.
Hoping this punt could turn out to be a multi-bagger as long as it doesn't go bust!
There's a ton of ETFs and other ways to invest in the wider Indian economy, Jupiter Indias fund has done nearly 8% since the new year.
NAV is 48p per share.
It's a venture capital fund really. So pan handle shape return is normal. They've spent the last few years building the facility. It's now complete and starting to trade. It's been set back by the withdrawal of big notes in India.
6.6p per share seems to have huge potential and limited downside to me.
g4ry13 said:
SOLO has also been flying lately.
I'm also in with SOLO. For those that don't know, AEX and SOLO are drilling/producing in the same field (Nitoya N1, N2 and eventually N3). Flow results are due for SOLO very soon (possibly this week), as you've already said AEX are flying so a rise in AEX should indicate a rise for SOLO.
I also increased my stake in Sea Dragon Energy (SDX), again 3D results are due imminently and from what I've researched and watched, the CEO seems very very confident (almost as if he wants to say its positive, but obviously cant. There's a number of other positives making me think its a relatively sound bet (for AIM atleast).
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