What’s your big gamble? (Volume 4)

[Legend83]

BOIL

[egomeister]

NuckyThompson said:

egomeister said:

Another RNS this morning. Timing definitely feels like they are trying to bump the price up for a raise.

Unfortunately I think so, with all the recent news this share should be flying now, the only hope is that the delays are because agreements with either prevail or big pharma are happening in the background but I don’t think the CEO is capable of pulling that off from what we’ve seen over the years,

I think you are being a bit optimistic how much recent developments are actually worth and harsh on the management for the funding. Its early stage biotech - most are fairly hand to mouth on the funding side, especially when they are pre-clinical.

Unless the potential is compelling I don't really see a big player sitting on the sidelines with a load of cash ready to invest, and if it is surely they'd angle to take it over. I think they'd want to see more proof there was a product there. On Prevail, I suspect they'll be there as long as there is consultancy work to be taken on the other side. From my brief googling that seems to be their business model

[NuckyThompson]

egomeister said:

Another RNS this morning. Timing definitely feels like they are trying to bump the price up for a raise.

Unfortunately I think so, with all the recent news this share should be flying now, the only hope is that the delays are because agreements with either prevail or big pharma are happening in the background but I don’t think the CEO is capable of pulling that off from what we’ve seen over the years,

[Mr Overheads]

Luke. said:

Adam. said:

Is Luke still here?

Must be hurting but ABAT looking tempting but not sure when they get to revenue and break even

Hey Adam.

Pop in every now and then.

Going to double my ABML holding. Just waiting for some cash to come in.

Will be nice to dramatically bring down my average.

Added a small amount to ABML/ABAT today, managed to catch the $1.89 low, brought my average purchase price down by over $2. Down to about $12 now ish. So need it to 5 bag from here to break even.

[Chris Type R]

Decent ZNWD increase of +40% today on resource update ( https://www.proactiveinvestors.co.uk/companies/new... )

[Skyedriver]

Chris Type R said:

Decent ZNWD increase of +40% today on resource update ( https://www.proactiveinvestors.co.uk/companies/new... )

Saw the RNS first thing today, I exited ZNWD some time ago, don't think todays lift would hit what I got out at which was pretty low!

[WindyCommon]

WindyCommon said:

Right, that’s it. I’m going to launch #ESL, the Inverse LSE ETF. #ESL will short the top 20 shares featured in the LSE “Hot Chat Topics Within The Last 7 Days” list. Equal weighted (so 20 initial short positions x 5% each) and rebalanced when I can be bothered.

Portfolio update - week one.

An excellent start for the portfolio, with a weekly return of +5.43%

Principal contributors were our short positions in the following LSE “sure things”:
- Renalytix, which destroyed 44% of its investors capital on iffy results and the exit under smoke of the formerly resident pump team
- Premier African Minerals, which mislaid 25% of its value via a 900m share placing swiftly followed by an opaque RNS regarding loan repayment
- Argo Blockchain, which treated its investors to (another) near 20% haircut despite frantic activity from beached punters looking to create exit liquidity by ramping on X and LSE
- Synergia Energy also fell by nearly 20%, in this case because it definitely doesn’t need a placing and errrrrr…. some buys were reported as sells

Detracting from portfolio performance were:
- Helium One Global gained 15% as the CEO has a new bio pic on LinkedIn, and incumbent charismatic mega-rampers are still pumping hard to exit the bubble they’ve inflated
- VAST Resources up 11% shocked investors with no placing this week

[egomeister]

That really is a portfolio worthy of the big gamble thread.

[redrabbit29]

g4ry13 said:

egor110 said:

This is literally what everyone says even YouTubers.

Don't try and time the market just plough into a index fund and let time in the market smooth things out.

There are opportunities out there which can make good returns and also pay dividends if you put the time in. The problem is finding them and avoiding the utter garbage stocks out there.

As a rule of thumb; most people probably aren't going to research thoroughly and be an amazing stock picker so the index fund route is the safest option. However, this is the "what's your big gamble?" thread rather than investment strategies so not the right audience.

This is interesting as I invested in the FTSE Global All Cap Index Fund through Vanguard about 14-15 months ago. This was after a new job and quite a significant pay increase which meant I had a good amount of disposable income.

I'm about to max out my ISA contribution for this year which will bring my holding to about £25k. I will max out again in early 2024-2025 to about £45k.

I've been wondering whether I should keep £10k back and invest it across 2-3 specific stocks.

I also considered sites where companies raised money through investors.

I don't mind the risk at all. But I don't want to "gamble" it completely recklessly.

Unsure whether to just forget this idea and put it all in the index fund.

.....

My one concern is all my investment is in this global all cap. I don't have any spread into other places. I know about diversification which this fund offers based on it being 7000 shares but wondering if I can make the money work better for me and return more

[NowWatchThisDrive]

egomeister said:

That really is a portfolio worthy of the big gamble thread.

Shame you probably wouldn't be able to get locates on most of the names, I'd be half-tempted to fire up the old Spreadex account and actually run it for a laugh

[egomeister]

NowWatchThisDrive said:

Shame you probably wouldn't be able to get locates on most of the names, I'd be half-tempted to fire up the old Spreadex account and actually run it for a laugh

There are a few on there that should be shortable, but the weapons grade ste rarely is (and at what cost?)

[WindyCommon]

egomeister said:

NowWatchThisDrive said:

Shame you probably wouldn't be able to get locates on most of the names, I'd be half-tempted to fire up the old Spreadex account and actually run it for a laugh

There are a few on there that should be shortable, but the weapons grade ste rarely is (and at what cost?)

It's strictly JFF...! Just entertaining to watch the news flow and price moves across the portfolio.

COPL looks like a zero (see below) which should set the portfolio up well for another week of capital destruction....

COPL said:

Based off the most current cash-flow projections, the Company forecasts that its cash reserves will be fully depleted in the first week of March 2024 and that the Company will require additional funding to be able to continue operations beyond such date. The Company has sought, and so far been unable to obtain, such additional funding.


The Senior Credit Facility Lender has indicated that it will not extend the forbearance period beyond February 29, 2024. The Company continues to consider strategic alternatives in light of the foregoing, including some form of formal insolvency protection that may or may not leave value in the Company's common shares.

[Gargamel]

PHE up 57% today, I mean its not like I didn't give you all the chance to make it big.

[Gargamel]

Also - I am finally in the money on TRX, which I think is a more sober prospect for the longer term.

[Kwackersaki]

Rolls Royce flying again today!

Gutted I sold out a while back for £700 profit but bought back in and now a further £600 up. If I’d held originally I’d be another £4K ahead!! Something about time in the market?

[Earl of Hazzard]

Kwackersaki said:

Rolls Royce flying again today!

Gutted I sold out a while back for £700 profit but bought back in and now a further £600 up. If I’d held originally I’d be another £4K ahead!! Something about time in the market?

I sold 8441 RR shares back in Jan 22 for a 300 quid loss, they'd be worth just over 30k at today's prices.
I did buy a load more back in Aug 23, and some more last night, and am nicely up, but not 20k nicely.

[Gargamel]

Kwackersaki said:

Rolls Royce flying again today!

Gutted I sold out a while back for £700 profit but bought back in and now a further £600 up. If I’d held originally I’d be another £4K ahead!! Something about time in the market?

Yes - I really sold those too quick, I made out ok - almost 100% up, but - still kicking myself on that.

[ALawson]

Only got 2400 RR at an average of about £1.56, a most pleasant last few months. Busy at work today so didn’t see it go as high as £3.69 this afternoon.

[asfault]

Kwackersaki said:

Rolls Royce flying again today!

Gutted I sold out a while back for £700 profit but bought back in and now a further £600 up. If I’d held originally I’d be another £4K ahead!! Something about time in the market?

Yes i remember seeing it at 39p (the absolute bottom after their massive dillution) but how many uk stocks actually 10x . Hardly any and hardly any that are that big.
It could easyly hve been another Aston mrtin which continues to lose money and dillutes all the time with falling shre prices.

Hindsight is a great thing. Even the banks haave never recovered from the 2008 crash who would honest believe RR would do it?

[Cats_pyjamas]

ALawson said:

Only got 2400 RR at an average of about £1.56, a most pleasant last few months. Busy at work today so didn’t see it go as high as £3.69 this afternoon.

Very similar with around 2700 shares, at around 130p AVG. Currently 6k up, not sure weather to consolidate some of the gain, but equally see RR striving on further if there is a whiff of smr news.