What’s your big gamble?

What’s your big gamble?

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GPH

648 posts

118 months

Friday 3rd July 2020
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MikeStroud said:
AML

As per someone above, my AML having doubled, is now back to where they started.

AML is at a turning point in so many different ways right now with so many changes just happened/about to happen it's a real gamble as per this thread. I was thinking of dumping but think I'll hold for the long term and enjoy* the ride. Anyone else got any thoughts either way?

"*" = "enjoy" as in: nail biting, bad temperedness, nervous tics, reduced life span, blood pressure tablets etc.
I would have kept mine and planned to average down when they hit 45 as I knew they would on a bad day as I really believe in the turn around plan but decided today I had much better use of the money.

It was disappointing that Stroll went for a second capital raise so soon but I guess everyone is at it so he thought he better go for it now before everyone is spent up. Unfortunately I think he will do it again in 18 months time when a lot of debt needs repaying in 2022 as taking money from the shareholders is the cheapest way to clear debt or provide cash so I will be watching for the signs next time.

I think the DBX will do very profitable business and will provide the upturn the share needs towards 100p at year end so I will buy back in around the 50 level in a week or two so when the Amigo adventure has played out.


faysmax

81 posts

144 months

Friday 3rd July 2020
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My AML story is that I got them at 50s and when they went to 80s, instead of selling I bought more. Which brings my average to 60s. Currently sits at -£560.

I love the brand, plus they are only next door from my workplace so always get to see their amazing cars. But unsure what to do with their current strategy. Their SP is very volatile, but I know one day it will reach that magic £1. The question is when

TCX

1,976 posts

56 months

Friday 3rd July 2020
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Adam B said:
TCX said:
though why there should be a space after a comma,or why the lack of one is worth mention is beyond my 'comprehension'?
its painful to read that's all, and it was a polite request
Boo hoo
Painful to read,was someone twisting your arm?

ALawson

7,816 posts

252 months

Friday 3rd July 2020
quotequote all
TCX said:
Boo hoo
Painful to read,was someone twisting your arm?
hehe

Boohoo is that a tip?

AnotherUsername

287 posts

65 months

Friday 3rd July 2020
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I was merrily trading my way up until a few weeks ago when I took the approach of buy and hold.... I’m now 10% down. We need a bit of good news!
Everything I buy seems to turn to st!

Edited by AnotherUsername on Friday 3rd July 22:48

Oi_Oi_Savaloy

2,313 posts

261 months

Friday 3rd July 2020
quotequote all
Anyone in Energiser investments (epic is ENGI)? I've been invested in it for 3 or 4 years (it's done nothing....) because up til 3rd June the directors were all directors of inland homes (I've been in them since 26p).

Suddenly its no longer an inland vehicle (property) but now a technology investor. I don't know the directors, don't know if they are any good or something positive will come out of this change (I hope so - I've got quite a lot of shares at 1.1p!) but it's done more in the last 2 weeks (activity I mean) than 3 years!

Just thought I'd flag it up. I'm staying in for the foreseeable - if it goes pear shaped - oh well but I think/hope there's a brighter future than that.

500 Miles

Original Poster:

1,798 posts

227 months

Saturday 4th July 2020
quotequote all
ALawson said:
TCX said:
Boo hoo
Painful to read,was someone twisting your arm?
hehe

Boohoo is that a tip?
I’ve got them - one of the best performing shares... new management incentives point to them being confident of significantly increasing their market cap.

SimonTheSailor

12,619 posts

229 months

Saturday 4th July 2020
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So are we all going 'all in' on Boohoo on Monday ?

DSLiverpool

14,765 posts

203 months

Saturday 4th July 2020
quotequote all
500 Miles said:
ALawson said:
TCX said:
Boo hoo
Painful to read,was someone twisting your arm?
hehe

Boohoo is that a tip?
I’ve got them - one of the best performing shares... new management incentives point to them being confident of significantly increasing their market cap.
Nbrown will tick up when fatties get off the couch.

anonymous-user

55 months

Saturday 4th July 2020
quotequote all
Oi_Oi_Savaloy said:
Anyone in Energiser investments (epic is ENGI)? I've been invested in it for 3 or 4 years (it's done nothing....) because up til 3rd June the directors were all directors of inland homes (I've been in them since 26p).

Suddenly its no longer an inland vehicle (property) but now a technology investor. I don't know the directors, don't know if they are any good or something positive will come out of this change (I hope so - I've got quite a lot of shares at 1.1p!) but it's done more in the last 2 weeks (activity I mean) than 3 years!

Just thought I'd flag it up. I'm staying in for the foreseeable - if it goes pear shaped - oh well but I think/hope there's a brighter future than that.
When you say "done nothing", in fact its sp has plummeted like a stone. Its (once meagre) revenue has dropped to nothing. It usually makes a loss. Worse than a basket case; I'm suspicious of that outfit and what they are doing. If I was you I'd put your money in to something that may make you something.

egomeister

6,704 posts

264 months

Saturday 4th July 2020
quotequote all
MikeStroud said:
Oi_Oi_Savaloy said:
Anyone in Energiser investments (epic is ENGI)? I've been invested in it for 3 or 4 years (it's done nothing....) because up til 3rd June the directors were all directors of inland homes (I've been in them since 26p).

Suddenly its no longer an inland vehicle (property) but now a technology investor. I don't know the directors, don't know if they are any good or something positive will come out of this change (I hope so - I've got quite a lot of shares at 1.1p!) but it's done more in the last 2 weeks (activity I mean) than 3 years!

Just thought I'd flag it up. I'm staying in for the foreseeable - if it goes pear shaped - oh well but I think/hope there's a brighter future than that.
When you say "done nothing", in fact its sp has plummeted like a stone. Its (once meagre) revenue has dropped to nothing. It usually makes a loss. Worse than a basket case; I'm suspicious of that outfit and what they are doing. If I was you I'd put your money in to something that may make you something.
It seems pretty pointless. From a quick skim read, it looks like the Energiser have only one investment in a REIT, and that stake is worth ~750k yet the market cap of Energiser is ~1.75m. It barely has any cash to make further investments so limited value there.

It seems to me like you are paying a big premium for another layer of cost. If the the asset is any good, why not sell up and buy directly into the REIT?

SimonTheSailor

12,619 posts

229 months

Saturday 4th July 2020
quotequote all
Just seen this which might be useful to some -

Significant announcements expected for week ending July 10:
Monday July 6:

Economic data: UK construction PMI, US services PMI

Tuesday July 7:

Trading updates: Whitbread PLC (LON:WTB), Reach PLC (LON:RCH), Electrocomponents PLC (LON:ECM), Ferrexpo PLC (LON:FXPO)

Finals: JD Sports Fashion PLC (LON:JD.), Halfords Group PLC (LON:HFD)

Interims: Micro Focus International plc (LON:MCRO), RM Plc (LON:RM.)

Wednesday July 8:

Trading updates: Barratt Developments PLC (LON:BDEV), Victrex plc (LON:VCT)

Finals: FirstGroup PLC (LON:FGP), U and I Group PLC (LON:UAI), Liontrust Asset Management PLC (LON:LIO)

Thursday July 9:

Trading updates: Rolls Royce Holdings PLC (LON:RR.), Persimmon PLC (LON:PSN), PageGroup PLC (LON:PAGE), Vistry Group PLC (LON:VTY), Workspace Group PLC (LON:WKP), Grafton Group PLC (LON:GFTU), Robert Walters PLC (LON:RWA)

Finals: Ilika PLC (LON:IKA)

Interims: Petropavlovsk PLC (LON:POG)

FTSE 100 ex-dividends to knock 4.63 points off the index: AVEVA Group PLC (LON:AVV), British American Tobacco PLC (LON:BATS)

Economic data: US weekly jobless claims

Friday July 10:

Economic data: US inflation

journeymanpro

761 posts

78 months

Saturday 4th July 2020
quotequote all
Rolls Royce can bugger off now 😂

Meeten-5dulx

2,592 posts

57 months

Saturday 4th July 2020
quotequote all
Halfords might be an interesting play.
Sock has been flying out of the stores, surely an update will reflect that?

Kent Border Kenny

2,219 posts

61 months

Saturday 4th July 2020
quotequote all
Only the stock in my employer, which I have no control over.
My big gamble was on the income side, choosing a very high risk and high reward career. That worked out, and I keep the investments safe.

petemurphy

10,132 posts

184 months

Saturday 4th July 2020
quotequote all
Meeten-5dulx said:
Halfords might be an interesting play.
Sock has been flying out of the stores, surely an update will reflect that?
literally was about to post the same! just looked at they were 10% up friday and are higher than pre covid so thats a no from me

Riggadig

101 posts

82 months

Saturday 4th July 2020
quotequote all
I was in Halfords last week collecting a new bike. Their bike section was full and every single one was a repair as the workshop in the back was already full. I think all their stock went a while ago, the only way to get one now is click and collect which also sells out quickly!

500 Miles

Original Poster:

1,798 posts

227 months

Saturday 4th July 2020
quotequote all
Amigo...

Just catching up in the papers ...

In the Times they are reporting that the increase in SP was driven by the agreement with the FCA to extend the deadline to deal with complaints, I haven’t read anywhere about them becoming an acquisition target due to the founder being below 50%.

They also reported that liquidity was strong and that the cost to settle claims would be substantially higher than the £35m already provisioned.

They may well be an acquisition target, I just can’t see the source of the story. Would think that an acquisition would be most likely when they had a better idea of their exposure to the complaints.

I’m still in and planning to ride the wave. I bought in a while ago and then averaged down, was underwater until late this week - now up 31%.

Definitely a roller coaster, definitely a gamble smile





TCX

1,976 posts

56 months

Saturday 4th July 2020
quotequote all
ALawson said:
TCX said:
Boo hoo
Painful to read,was someone twisting your arm?
hehe

Boohoo is that a tip?
MedUsa19

Skyedriver

17,906 posts

283 months

Saturday 4th July 2020
quotequote all
TCX said:
ALawson said:
TCX said:
Boo hoo
Painful to read,was someone twisting your arm?
hehe

Boohoo is that a tip?
MedUsa19
Interesting, can't see if that will run separately alongside BOO or included in the business.
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