Share tips thread (Vol 2)

Share tips thread (Vol 2)

Author
Discussion

smithyithy

7,259 posts

119 months

Thursday 24th October 2019
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FredClogs said:
ATM said:
simir said:
ATM said:
Anyone shorting Kier group?
How much longer will they be around?
Looks terminal to me
My wife works for a small commercial building contractor, they stopped doing stuff for Kier about 18 months ago, even for the construction industry kier's record of paying what they owe and fulfilling contractual obligations is allegedly woeful.
I work for Kier (Highways)... We've just had our new ShareSave thing come through the internal comms where you put money in to the value of the shareprice and can then buy shares tax-free after a period of time..? Something like that, I'm not entirely sure.

Few of my colleagues got into it the previous year and are renewing this time round..

I remain sceptical of the industry as a whole but I think the drop in share price recently is due to a realigning of the business, they want to focus more on the core profit-making parts of the business..

There's a general thought that highways will get a big influx of funding soon, with the delays of HS2 apparently freeing up funds and the DfT wanting to invest a lot more..

Only time will tell but I feel the shares have the potential to climb back up.

R8Steve

4,150 posts

176 months

Thursday 24th October 2019
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ATM said:
guindilias said:
R8Steve said:
Like I said, tongue in cheek. Get back inside the ATM and push the money out the slot when people want it. smile
Dont get inside me

Thanks
Don't worry, i had no intention of doing so laugh

Just another personal dig from a fantasist living in his mothers spare room as far as i see it.

Anyway, now we've established that i fill cash machines at Natwest and guindilias is the Warren Buffet of eToro can we move back to some share tips?

p1stonhead

25,579 posts

168 months

Thursday 24th October 2019
quotequote all
The fk is etoro anyway?

R8Steve

4,150 posts

176 months

Thursday 24th October 2019
quotequote all
smithyithy said:
I work for Kier (Highways)... We've just had our new ShareSave thing come through the internal comms where you put money in to the value of the shareprice and can then buy shares tax-free after a period of time..? Something like that, I'm not entirely sure.

Few of my colleagues got into it the previous year and are renewing this time round..

I remain sceptical of the industry as a whole but I think the drop in share price recently is due to a realigning of the business, they want to focus more on the core profit-making parts of the business..

There's a general thought that highways will get a big influx of funding soon, with the delays of HS2 apparently freeing up funds and the DfT wanting to invest a lot more..

Only time will tell but I feel the shares have the potential to climb back up.
What discount is the sharesave offering? About £1?

Probably a good thing to get into as you can't really lose, i've always taken the maximum permitted allowance whenever i'm offered any sharesave schemes as worst case you'll get back what you've put in. The three i've taken part in ranged from a 40% to 110% gain over 3/5 years

smithyithy

7,259 posts

119 months

Thursday 24th October 2019
quotequote all
R8Steve said:
What discount is the sharesave offering? About £1?

Probably a good thing to get into as you can't really lose, i've always taken the maximum permitted allowance whenever i'm offered any sharesave schemes as worst case you'll get back what you've put in. The three i've taken part in ranged from a 40% to 110% gain over 3/5 years
Yep - min. £5, max. £500 per month, after 36 months you can simply get all your cash back, or use what accrued amount to buy Kier shares at the 15% discounted 'option price', which is set at the time of opening, so £1.01 this time round.

So yeah worst case I guess you just get your money back, your only 'loss' in that scenario, I suppose, is the missed potential interest if you'd put that same money into a better savings vehicle. If the shares stay above a quid in 3 years then you can buy and sell at the market rate and hopefully turn a profit.

The trouble of course is you're relying on the price going up.. I think a few people have cashed out of their existing schemes to restart with this new price option..

I mean previously if the market price was £3 and the 'option price' was £2.50 you'd think you were getting a good deal, until you look at the price today..

It's a gamble like with most things. I do have confidence in the company but as I'm saving to buy a house in the short/medium term, I need my savings in more accessible places.

R8Steve

4,150 posts

176 months

Thursday 24th October 2019
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p1stonhead said:
The fk is etoro anyway?
It's a 'social trading' brokerage that allows you to see and copy everyone elses trades.

Perhaps guindilias can share his username on there and we can view his portfolio and performance to see where we're all going wrong?

DonkeyApple

55,455 posts

170 months

Thursday 24th October 2019
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p1stonhead said:
The fk is etoro anyway?
A slightly smelly OTC bookmaker with old school bookmaker fills and price delays. Primarily promoted copy trading then crypto’s and doesn’t have a spreadbet license.

p1stonhead

25,579 posts

168 months

Thursday 24th October 2019
quotequote all
DonkeyApple said:
p1stonhead said:
The fk is etoro anyway?
A slightly smelly OTC bookmaker with old school bookmaker fills and price delays. Primarily promoted copy trading then crypto’s and doesn’t have a spreadbet license.
Lovely and scammy smile

Their website looks like such a pyramid scheme laugh

They may as well go the whole hog and offer forex get rich strategies.

g4ry13

17,046 posts

256 months

Thursday 24th October 2019
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They charge $25 to withdraw your money as well which is a bit ridiculous in this day and age.

It's not enough to take a very generous spread on every trade for them.

guindilias

5,245 posts

121 months

Thursday 24th October 2019
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And the spread increases at earnings, so they pull even more cash in because "the stock is volatile"... I don't think it will go bust any time soon.

g4ry13

17,046 posts

256 months

Thursday 24th October 2019
quotequote all
guindilias said:
And the spread increases at earnings, so they pull even more cash in because "the stock is volatile"... I don't think it will go bust any time soon.
That is consistent with the market anyway. People pull their orders and take their money off the table rather than speculating on what is essentially a coinflip (unless they're privy to some inside info).

guindilias

5,245 posts

121 months

Thursday 24th October 2019
quotequote all
So, tonight's coinflips are...

A moderate amount on VISA, buying.
A middling amount on AMZN, buying.
A moderate amount on FLEX, shorting.
A moderate amount on COF, shorting.

All in, more than half of what I had on last night - because I'm just not entirely as confident in those stocks as I was in last night's - TSLA was pretty much a totally uninformed gamble, but they were going to move large, one way or another.

Reports out at 9pm...

Edited - added COF as well.

Edited by guindilias on Thursday 24th October 18:42

p1stonhead

25,579 posts

168 months

Thursday 24th October 2019
quotequote all
guindilias said:
So, tonight's coinflips are...

A moderate amount on VISA, buying.
A middling amount on AMZN, buying.
A moderate amount on FLEX, shorting.
A moderate amount on COF, shorting.

All in, more than half of what I had on last night - because I'm just not entirely as confident in those stocks as I was in last night's - TSLA was pretty much a totally uninformed gamble, but they were going to move large, one way or another.

Reports out at 9pm...

Edited - added COF as well.

Edited by guindilias on Thursday 24th October 18:42
Why not just go down the casino?

It’s the same as what you are doing and a lot more fun.

guindilias

5,245 posts

121 months

Thursday 24th October 2019
quotequote all
And you can lose just as much, like it seems I have done tonight! I hope that pleases some of you... wink
Bit of the old Schadenfreude never hurt anyone...

p1stonhead

25,579 posts

168 months

Friday 25th October 2019
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guindilias said:
And you can lose just as much, like it seems I have done tonight! I hope that pleases some of you... wink
Bit of the old Schadenfreude never hurt anyone...
Yeah but a casino is a social setting, go with your mates, have a few drinks etc.

If you are wildly putting money on various companies and watching a graph on a computer, doesn’t sounds as fun as a night out playing roulette etc, to me.

DonkeyApple

55,455 posts

170 months

Friday 25th October 2019
quotequote all
guindilias said:
And you can lose just as much, like it seems I have done tonight! I hope that pleases some of you... wink
Bit of the old Schadenfreude never hurt anyone...
If you’re mostly trading ‘events’ then you don’t really want to be doing so via a bookmaker. It isn’t just that with an offshore firm you will have them working against you to shave big comms via fills away from market or via delayed execution but even with an onshore firm the nature of officially making an identical and traceable two way price to a wide range of clients on an illiquid and volatile event specifically requires you to factor in a slippage just to prevent continual requoting and a failure to execute.

It would be worth tolerating executing via a book if there was a tax advanatage, ie you were making gains greater than your taxable allowances etc but otherwise, for the type of trading that you are doing and especially as you are profitable then you want to be executing via a DMA platform and bypassing the book and its costs and working orders directly onto the exchanges. You also require the order book information for clarity on the judgement calls that you mention earlier on.

guindilias

5,245 posts

121 months

Friday 25th October 2019
quotequote all
I appreciate the advice, Donkeyapple, and I know you really know your stuff - but I don't need "more" money - I don't want to be a millionaire.
I'm single, live alone in a modest 3-bed semi in a nice area, spend a lot but make a lot more, and that's all I need. I still take on the odd engineering job to keep my eye in, so could slip back into a higher paid private sector job than I had before in the private sector fairly easily.
I know it's not the "best" way of doing it, but it's the "best" for me - I'm used to it now, I accept the losses that come with the gains, and I'm happier than I have ever been - work a few hours a week, do my own thing the rest of the time, things I enjoy - I really am perfectly happy the way I am!

ATM

18,300 posts

220 months

Friday 25th October 2019
quotequote all
guindilias said:
I appreciate the advice, Donkeyapple, and I know you really know your stuff - but I don't need "more" money - I don't want to be a millionaire.
I'm single, live alone in a modest 3-bed semi in a nice area, spend a lot but make a lot more, and that's all I need. I still take on the odd engineering job to keep my eye in, so could slip back into a higher paid private sector job than I had before in the private sector fairly easily.
I know it's not the "best" way of doing it, but it's the "best" for me - I'm used to it now, I accept the losses that come with the gains, and I'm happier than I have ever been - work a few hours a week, do my own thing the rest of the time, things I enjoy - I really am perfectly happy the way I am!
Get yourself a bird. Then you'll always need more money.

guindilias

5,245 posts

121 months

Friday 25th October 2019
quotequote all
I have one, but she has her own place and doesn't live here full time - her flat is literally 2 minutes walk from her work, as opposed to 15 minutes drive. Not a big earner, does no shares/CFDs, but is good with her money and doesn't ask for or need much of mine!

ATM

18,300 posts

220 months

Friday 25th October 2019
quotequote all
guindilias said:
I have one, but she has her own place and doesn't live here full time - her flat is literally 2 minutes walk from her work, as opposed to 15 minutes drive. Not a big earner, does no shares/CFDs, but is good with her money and doesn't ask for or need much of mine!
Now I know you're full of sheet.