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twinturboz

1,278 posts

178 months

Wednesday 17th September 2014
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gregf40 said:
But they haven't.

It's like saying Apple have monopoly on high end phones but Nokia could take a big slice if they wanted to.
Different comparison imo, for Nokia to to take a big slice of Apple would be much harder, they have to compete on all fronts i.e. software, ecosystem and hardware etc.

Take go pro effectively its a camera on a stick, the barrier for entry is small. It's product is nothing special and it has no proprietary tech, ok it got there first and so is enjoying a large slice of that market to itself but it wouldn't take much for the big camera companies to start to compete.

There was talk of them trying to become a media company, launching a channel that shows go pro videos not quite sure how they will manage to monetise that but they won't be able to service on just the camera sales in the long term.

Edited by twinturboz on Wednesday 17th September 13:08

gregf40

1,114 posts

116 months

Wednesday 17th September 2014
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Shaoxter said:
Not really the same comparison, Canon/Nikon have huge resources at their disposal
...and Microsoft who own Nokia's mobile division don't?

jonah35

3,940 posts

157 months

Wednesday 17th September 2014
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AOK said:
An interesting discussion. I'll side with Greg here (having invested or not)... Apple haven't ever done anything really revolutionary. There were PC's before the Macintosh. There were mp3 players before the iPod. There were big screen phones before iPhones and there was Napster before iTunes etc etc...

It's not about having a new idea, its about being the visionary company who can spot an opportunity and can make it compelling enough to not only take the existing market share, but increase it.

And GoPro seem to have done just that in this sector.
Ipad. Apple watch.

K12beano

20,854 posts

275 months

Wednesday 17th September 2014
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jonah35 said:
Ipad. Apple watch.
Exactly - further cases in point. Apple never "invented" anything, but they are freaky-good at looking at the world and imagining how people might get significant use out of a product and staunch champions of packing their versions with "quality" and "use-ability" such that they virtually re-define technology.

AOK

2,297 posts

166 months

Wednesday 17th September 2014
quotequote all
K12beano said:
xactly - further cases in point. Apple never "invented" anything, but they are freaky-good at looking at the world and imagining how people might get significant use out of a product and staunch champions of packing their versions with "quality" and "use-ability" such that they virtually re-define technology.
Have you also watched the Steve Jobs documentary on netflix?!

K12beano

20,854 posts

275 months

Wednesday 17th September 2014
quotequote all
AOK said:
Have you also watched the Steve Jobs documentary on netflix?!
Eh? Did he "invent" Netflix too?

twinturboz

1,278 posts

178 months

Wednesday 17th September 2014
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Apple's philosopy has always been bring the best product to the market, not the first to the market.

If your interested there was a interview with Tim Cook on Charlie Rose the other day worth a watch.

Also anyone catch that program on BBC 2 the other night gives a slight insight into trading.

Jonboy_t

5,038 posts

183 months

Thursday 18th September 2014
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gregf40 said:
Jonboy_t said:
Is it just me, or are share websites all over the place with pricing?!

I use Barclays to trade and III to just check the price (so I don't have to log in all the time). I am finding that I constantly get a differing story on the price - not just between the 2, but sometimes within the same site. Today, for example, I looked at one holding at about 08:45 and was 34% down according to Barclays, yet I've just looked and I am only 17% down - the price hasn't moved today (according to both sites)?! Similarly, nothing changed yesterday and I was showing as 24% down last night, so why the 10% drop between last night and this morning.

Is this normal?!
Could be the mid price / bid / ask being shown on different sites.

Just after 4:30pm for 15 minutes or so once the market closes the prices can go bonkers on some trading sites.

The only price that matters is the quote you get from Barclays when you hit Buy or Sell.

I would use Google Finance if you want reliable realtime pricing btw - not iii.
Cheers Greg. I was thinking that maybe different sites displayed the spread differently, or one showed the bid and not the mid-price or vice versa. Still a bit flummoxed by it though, to be honest! Barclays says RLH +0% today, Google Finance says +4.84% and III says +.001%!! Just looked at ADVFN to get a steer from them too and they're showing +0%. wobble

Also, Barclays still showing my RLH holding as the same %-age change as it was yesterday, but another £100 has disappeared from the value of the holding!

On the plus side, I'm giving Google Finance a go and it does seem a lot more detailed and a lot easier (and quicker!) to navigate than III ever has done!

AOK

2,297 posts

166 months

Thursday 18th September 2014
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K12beano said:
AOK said:
Have you also watched the Steve Jobs documentary on netflix?!
Eh? Did he "invent" Netflix too?
Ha! No... There is a Netflix documentary about Steve Jobs and Apple and it echoes what we were talking about - that Apple aren't necessarily the first to market, but they're always the ones to get it right and make it desirable etc etc

Justices

3,681 posts

164 months

Friday 19th September 2014
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twinturboz said:
Anyone thinking of buying Alibaba?
It is a beast and I, along with everyone else in China, keep it very well fed as it is the default online shopping platform for EVERYTHING you could possibly imagine, and then some. I know the founder and one of his top men is a very good friend of ours. Also know some of the original investors and christ.. the returns they're making are beyond legendary.

The price is going to rise regardless, but come 11th of November when they do the first "11/11 day sale" after going public.. I'd be very upset if I'd considered buying but not bought in because it will surge again. Lots of Mainland Chinese won't be able to buy in due to gov. regulations but many will find a way to get a piece of the action.

So yes, more than thinking about it. biggrin

Shnozz

27,467 posts

271 months

Friday 19th September 2014
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When is the IPO on Alibaba?

Justices

3,681 posts

164 months

Friday 19th September 2014
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Today. BBC link

twinturboz

1,278 posts

178 months

Friday 19th September 2014
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I'll probably buy at the open, high risk but we'll see what happens. Seems theres high demand for the ipo.


edit: opening print seems like it might be around $90 not buying it way up there hah. Sit and watch if thats the case.

Seems there's a lot of market orders, my tactic will be similar to FB's IPO at the open, i.e. let it fill those market orders wait for the first real flush to get retail out and then try and buy the ramp back up.

Edited by twinturboz on Friday 19th September 15:17

traxx

3,143 posts

222 months

Friday 19th September 2014
quotequote all
twinturboz said:
I'll probably buy at the open, high risk but we'll see what happens. Seems theres high demand for the ipo.


edit: opening print seems like it might be around $90 not buying it way up there hah. Sit and watch if thats the case.

Seems there's a lot of market orders, my tactic will be similar to FB's IPO at the open, i.e. let it fill those market orders wait for the first real flush to get retail out and then try and buy the ramp back up.

Edited by twinturboz on Friday 19th September 15:17
Makes trading Tesla look easy

I was hovering over the sell button at $99, but then I thought it would jump over 100, 20 seconds later its at 95

TheLordJohn

5,746 posts

146 months

Friday 19th September 2014
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Justices said:
Today. BBC link
Missed a trick there, haven't i!?

twinturboz

1,278 posts

178 months

Friday 19th September 2014
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traxx said:
Makes trading Tesla look easy

I was hovering over the sell button at $99, but then I thought it would jump over 100, 20 seconds later its at 95
Had to use crappy plus 500 to get short @ 98 managed to close @ 94 only for it to go to low 90's. Profit of about £700.

Looking to see if it breaks 90 now to press another short, or a move above 92 would get me long.



Edited by twinturboz on Friday 19th September 18:03

gaz1234

5,233 posts

219 months

Friday 19th September 2014
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Marl 2.5 grrr

vescaegg

25,529 posts

167 months

Friday 19th September 2014
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I was far too scared to try and go for alibaba. Looks like I shouldn't have been!

Shaoxter

4,069 posts

124 months

Friday 19th September 2014
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vescaegg said:
I was far too scared to try and go for alibaba. Looks like I shouldn't have been!
Unless you had access to the IPO or bought then sold really quickly on open, you wouldn't have made any money.

Justices

3,681 posts

164 months

Friday 19th September 2014
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What a day.. I wish we'd a schedule that gave us time to be in NY for that. I got a message from the midst of the action and, between the expletives, am quite sure the party tonight will be biblical frown

It will climb again during 1st-7th of October (National Holiday) and ahead of 光棍节 (Singles Day) sales which pulls in barely believable numbers. After this IPO I have no doubt that they'll break their current record of about $5bn in sales in 24hrs.

Having said all this, Jack is comfortably under 5.5" and doesn't have a goatee.. which goes to show you really can't have it all. wink
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