Share tips thread (Vol 2)

Share tips thread (Vol 2)

Author
Discussion

Witchfinder

6,250 posts

253 months

Thursday 4th February 2021
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What's happened to TomTom? Dropped 15% overnight.

Burwood

18,709 posts

247 months

Thursday 4th February 2021
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Witchfinder said:
What's happened to TomTom? Dropped 15% overnight.
missed revenues by 20% and expected small profit was a large loss.

EarlOfHazard

3,605 posts

159 months

Thursday 4th February 2021
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Burwood said:
Witchfinder said:
What's happened to TomTom? Dropped 15% overnight.
missed revenues by 20% and expected small profit was a large loss.
cheers for this: I bought some, and am 10% up. Long term hold though...

anonymous-user

55 months

Thursday 4th February 2021
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bad company said:
Jambo85 said:
g4ry13 said:
bad company said:
g4ry13 said:
I also lose 4 shares for every 19 I have in the process!

Not sure why you can't wrap your mind that it's not free money and it's not a good deal for holders.
You gain a dividend and the new shares should be the same value as the previous holding.
In the example of 5,000 shares at a price of £2.40:

I gain a dividend of £2546.50 (5000*50.93p)

My shares are reduced (Tesco will reduce the number of shares every shareholder owns. Shareholders will get 15 new shares for every 19 shares held) and i'm left holding 3947 shares at £2.40.share. Equating to a holding of £9473.68

£9473.68 + £2546.50 = £12,020.18

vs not having the dividend: 5000*£2.40 = £12,000

So with the dividend it's a £20 profit. But then the dividend is going to be taxable so really it's a dud.
Is the thinking not that the shares should be revalued by the market when there are fewer of them in circulation, retaining market cap more or less constant?
This. ^^^^^^^^^^
My bold above. What am I missing here?

Tesco's mcap today (pre-divvie) is £24bn.

If as part of the deal they give £5Bn away then why will the mcap post deal still be £24Bn? Surely having given away £5Bn the mcap of the company will be less ?

The argument above seems to be that the mcap will stay constant before and after the deal; therefore the share price will go up BUT surely as they have £5Bn less stashed in the bank (20% of their current mcap) the share price will find some new level probably not far off where it is today. The way I see it is that Tesco are giving away 20% of their mcap and reducing the number of shares by 20% so the sp before and after the deal will be about the same.

Why do above posters believe the mcap will stay the same having given away £5bn?

dom9

8,095 posts

210 months

Friday 5th February 2021
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I'm guessing a typo that should say keeping the share PRICE more or less the same.

Burwood

18,709 posts

247 months

Saturday 6th February 2021
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Michael Burry (The Big Short) who is manly known for shorting has just disclosed that he held 3M shares in Game Shop that he purchased in 2019 for $5.50 per share. He sold his holdings and booked a $271M profit. Clearly sold at an average in the $90s and no where near the $400! Still what a play

p1stonhead

25,619 posts

168 months

Saturday 6th February 2021
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Burwood said:
Michael Burry (The Big Short) who is manly known for shorting has just disclosed that he held 3M shares in Game Shop that he purchased in 2019 for $5.50 per share. He sold his holdings and booked a $271M profit. Clearly sold at an average in the $90s and no where near the $400! Still what a play
Indeed. He seems genuinely like an insanely good spotter of things about to explode.

Problem for most on Reddit is that they saw it on the actual news before buying in.

When your mum knows what GME is, you are FARRRRR to late to get involved laugh

g4ry13

17,116 posts

256 months

Saturday 6th February 2021
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He's also been shorting Tesla for quite some time.

Brother D

3,743 posts

177 months

Saturday 6th February 2021
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g4ry13 said:
He's also been shorting Tesla for quite some time.
Ouch. He's a bright guy but that's not a bet I would like to take, I took slightly over $50k last year and am still invested @ 60% of portfolio in $TSLA - (helped to offset some horrendous risky bets that didnt pay off)...

YTD 22.93%
1YR 180.76%

p1stonhead

25,619 posts

168 months

Saturday 6th February 2021
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Brother D said:
g4ry13 said:
He's also been shorting Tesla for quite some time.
Ouch. He's a bright guy but that's not a bet I would like to take, I took slightly over $50k last year and am still invested @ 60% of portfolio in $TSLA - (helped to offset some horrendous risky bets that didnt pay off)...

YTD 22.93%
1YR 180.76%
But.....

He’s right. It should be absolutely way down on where it is.

There is no logic at all to your returns unfortunately. TSLA isn’t rooted in reality.

It’s way more overvalued than GME was at its peak last week.

anonymous-user

55 months

Saturday 6th February 2021
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p1stonhead said:
But.....

He’s right. It should be absolutely way down on where it is.

There is no logic at all to your returns unfortunately. TSLA isn’t rooted in reality.
Define reality.

Reality right now seems to be a stock value is based on what fanboys are prepared to pay for it. It's going to take a change in perception for that to collapse.

It's classic bubble behavior.

p1stonhead

25,619 posts

168 months

Saturday 6th February 2021
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jsf said:
p1stonhead said:
But.....

He’s right. It should be absolutely way down on where it is.

There is no logic at all to your returns unfortunately. TSLA isn’t rooted in reality.
Define reality.

Reality right now seems to be a stock value is based on what fanboys are prepared to pay for it. It's going to take a change in perception for that to collapse.

It's classic bubble behavior.
Ok so yeah Reality = Outside of Willy Wonkas Bubbleworks.

anonymous-user

55 months

Saturday 6th February 2021
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p1stonhead said:
Ok so yeah Reality = Outside of Willy Wonkas Bubbleworks.
laugh

Burwood

18,709 posts

247 months

Saturday 6th February 2021
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Brother D said:
g4ry13 said:
He's also been shorting Tesla for quite some time.
Ouch. He's a bright guy but that's not a bet I would like to take, I took slightly over $50k last year and am still invested @ 60% of portfolio in $TSLA - (helped to offset some horrendous risky bets that didnt pay off)...

YTD 22.93%
1YR 180.76%
Lol, show me what is a magnitude of risk higher risk. wink

Brother D

3,743 posts

177 months

Sunday 7th February 2021
quotequote all
jsf said:
p1stonhead said:
But.....

He’s right. It should be absolutely way down on where it is.

There is no logic at all to your returns unfortunately. TSLA isn’t rooted in reality.
Define reality.

Reality right now seems to be a stock value is based on what fanboys are prepared to pay for it. It's going to take a change in perception for that to collapse.

It's classic bubble behavior.
Logic and fundamentals have been out the window for a long time... I'm just going with the flow.

I wouldn't put TSLA in the same vein as GME or AMC which provided a contribution to this year's profits after only 4 hours.




I can't get my head around these guys losing 100's or even Mils by not having a stoploss in place. Profit is profit.

Jambo85

3,322 posts

89 months

Sunday 7th February 2021
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dom9 said:
I'm guessing a typo that should say keeping the share PRICE more or less the same.
Thanks for the benefit of the doubt but no I think I was just wrong - Mike’s explanation in the post above yours is logical.

Brother D

3,743 posts

177 months

Monday 8th February 2021
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Woke up late this morning with an alert that one of my risky bets $OCGN were up +100%

Log in:

Forgot I sold a month ago : /



Don't. Sell. Anything.

(It's currently at $17)

YTD 22.92%




Edited by Brother D on Monday 8th February 18:00

Brother D

3,743 posts

177 months

Tuesday 9th February 2021
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$AUVI - up 450% today - small nibble but got stopped out

YTD 24.96%




goldieandblackie

232 posts

95 months

Tuesday 9th February 2021
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Nio shares on the rise again over the last few days .

Brother D

3,743 posts

177 months

Wednesday 10th February 2021
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In $XSPA AH @$2.53

I think $3 tomorrow.