Share tips thread (Vol 2)
Discussion
Luke. said:
Capita must be worth a punt surely?
"Never knowingly fail to disappoint" is their strapline, mind! But I think even with my cynicism I might have a little closer look for a short term punt!!(PS, Luke. please don't fall into the trap of spelling their name incorrectly - I know the "r" is usually silent....
)Luke. said:
Capita must be worth a punt surely?
Capita is a complete dog (to me). I've operated in Construction for a whilst, and they are appauling and i honestly believed prior to Covid it was only a matter of time until they followed Carillion. I think Covid has given them a lifeline, hence me have a punt on them.If you wanted a complete 'punt' then look at ESL.
I fully appreciate there is more that Covid at play with this one, and thier financials make interesting reading, but they appear to some degree to be financed now (and invested at a price far in excess of the current SP) and hopefully on the road back (pardon the pun).
Thier current SP is 7.91.
To get back to thier SP of 18th February (being 11.9) they need to increase by 52.37%
To get back to thier 52w high they need to increase by 1180.41% !!!
Please don't invest on the back of this though. As I said, there is far more at play than Covid with this one, but personally still see good potential.
Hobo said:
Capita is a complete dog (to me). I've operated in Construction for a whilst, and they are appauling and i honestly believed prior to Covid it was only a matter of time until they followed Carillion. I think Covid has given them a lifeline, hence me have a punt on them.
If you wanted a complete 'punt' then look at ESL.
I fully appreciate there is more that Covid at play with this one, and thier financials make interesting reading, but they appear to some degree to be financed now (and invested at a price far in excess of the current SP) and hopefully on the road back (pardon the pun).
Thier current SP is 7.91.
To get back to thier SP of 18th February (being 11.9) they need to increase by 52.37%
To get back to thier 52w high they need to increase by 1180.41% !!!
Please don't invest on the back of this though. As I said, there is far more at play than Covid with this one, but personally still see good potential.
That's really helpful. Thank you. Will take a look at ESL. While you're here, I was just wondering if you had any thoughts on Costain at all?If you wanted a complete 'punt' then look at ESL.
I fully appreciate there is more that Covid at play with this one, and thier financials make interesting reading, but they appear to some degree to be financed now (and invested at a price far in excess of the current SP) and hopefully on the road back (pardon the pun).
Thier current SP is 7.91.
To get back to thier SP of 18th February (being 11.9) they need to increase by 52.37%
To get back to thier 52w high they need to increase by 1180.41% !!!
Please don't invest on the back of this though. As I said, there is far more at play than Covid with this one, but personally still see good potential.
Personally, having worked in it for a long time I see construction as a whole as being a broken model, and as such us not something I tend to invest in as most companies are operating on cashflow not profit.
The main players are operating on 1 or 2% margin, on projects where they have 1.5 to 3% retentions and the requirement to honour defects for 12-18 months. They also (as most insolvencies show) massively lie about thier WIP (work in progress) to make figures stack up, by including 'variations to contract' that they know full well that they will never be paid.
The above is commercial I would add. I still invest in residential, ie Barratts, Persimmon, etc, as that model is significantly different.
The main players are operating on 1 or 2% margin, on projects where they have 1.5 to 3% retentions and the requirement to honour defects for 12-18 months. They also (as most insolvencies show) massively lie about thier WIP (work in progress) to make figures stack up, by including 'variations to contract' that they know full well that they will never be paid.
The above is commercial I would add. I still invest in residential, ie Barratts, Persimmon, etc, as that model is significantly different.
Meeten-5dulx said:
Angpozzuto said:
bad company said:
I’m afraid the answer is like when you reach the end of the piece of string.
I figured that was the answer I was going to get, I was hoping someone clever on here would have a great way of getting out at the best timeTher is no set number or percentage which screams “eject”
It depends on the shares, the price, the market sentiment and your appetite for risk. None of which can be modelled simultaneously.
If you like the thrill of short term punts , use your gains to continue. If you are looking for a steady, more structured portfolio, Monday is the time to stop.
Either way, good luck. We are in unusual times so bravo for making a quick buck. Chalk it down to experience... its not going to be around forever.
Practice account is great fun, just for curiosities sake. Naturally my practice account is 88% up compared to 33% up on my real account and the CFD account is worth more than my house but is interesting to watch. Just wish the real one came with 50K you could reset when you screw up.
Aye, sold a chunk this morning, waiting for the next dip at 2.30, then buy back in tonight I think.
Interestingly, BAE systems which has barely moved in the recent bull run, has made significant gains today, so my total value has been largely unchanged.
Interestingly, BAE systems which has barely moved in the recent bull run, has made significant gains today, so my total value has been largely unchanged.
Edited by jimPH on Tuesday 9th June 10:47
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