What’s your big gamble?
Discussion
Atanasoff said:
Averaged down on BOO. Still at a fair loss but it will come back and I have another chunk to throw in if it dips again.
Everything is pretty much red currently - think once they recover I will be out - may even take a bit of a loss.
My big question mark is now over Easyjet. Just can't understand why they are still dipping. Currently 11% down and I thought I had bought in a dip!
I'm sitting on a huge loss on BOO as I never thought it would drop this far but the decision by other sellers of their product obviously weighing heavily. If those making a quick profit at current levels would car to offer a crumb to us who are suffering.....Everything is pretty much red currently - think once they recover I will be out - may even take a bit of a loss.
My big question mark is now over Easyjet. Just can't understand why they are still dipping. Currently 11% down and I thought I had bought in a dip!
RE:EasyJet, they are "sacking" (acording to media) about a third of their pilots and closing Stansted, Newcastle and AN Other offices.
Adam B said:
sold BAB for £1800 loss (was my biggest position) and never want to see it again, should rise now - you're welcome Pete
Bought Ibstock and TW - figure house building better than govt contracts but main attraction is neither are BAB
wow! thats more than my loss! do you think it will continue to fall or that others will rise quicker? Bought Ibstock and TW - figure house building better than govt contracts but main attraction is neither are BAB
Edited by Adam B on Wednesday 8th July 13:36
Skyedriver said:
Atanasoff said:
Averaged down on BOO. Still at a fair loss but it will come back and I have another chunk to throw in if it dips again.
Everything is pretty much red currently - think once they recover I will be out - may even take a bit of a loss.
My big question mark is now over Easyjet. Just can't understand why they are still dipping. Currently 11% down and I thought I had bought in a dip!
I'm sitting on a huge loss on BOO as I never thought it would drop this far but the decision by other sellers of their product obviously weighing heavily. If those making a quick profit at current levels would car to offer a crumb to us who are suffering.....Everything is pretty much red currently - think once they recover I will be out - may even take a bit of a loss.
My big question mark is now over Easyjet. Just can't understand why they are still dipping. Currently 11% down and I thought I had bought in a dip!
RE:EasyJet, they are "sacking" (acording to media) about a third of their pilots and closing Stansted, Newcastle and AN Other offices.
People have short memories and whilst their demographic is quite idealistic, I think the actions they are taken and the updates and corrections they issued this morning will mean a £5 dress will still be attractive to them.
I was previously annoyed that I hadn’t taken a larger holding in them initially and was concerned that there was more risk at the 400p+ level hence why was concerned about increasing my stake - the drop to circa 200p gave the chance to go in reasonably large.
Might work out, might be a disaster. Relatively confident it will work out well - just need to hope the influencers don’t try and make a name talking them down, or that the ‘celebs’ they use don’t walk away.
dingg said:
500 Miles said:
Ignoring the fact that it’s the British military 
I’m not sure picking a fight with the jocks would be a good idea - we haven’t been to the pubs for months, we’ll be up for a good fight!
Nah, your lot usually only up for action when pissed. I’m not sure picking a fight with the jocks would be a good idea - we haven’t been to the pubs for months, we’ll be up for a good fight! 
king point? Hiccup 500 Miles said:
My gut feeling on Boo is that it will be back to near (maybe 20% down) from their recent highs.
People have short memories and whilst their demographic is quite idealistic, I think the actions they are taken and the updates and corrections they issued this morning will mean a £5 dress will still be attractive to them.
I was previously annoyed that I hadn’t taken a larger holding in them initially and was concerned that there was more risk at the 400p+ level hence why was concerned about increasing my stake - the drop to circa 200p gave the chance to go in reasonably large.
Might work out, might be a disaster. Relatively confident it will work out well - just need to hope the influencers don’t try and make a name talking them down, or that the ‘celebs’ they use don’t walk away.
I agree. Boohoo's target audience are typically under 30 and buy the clothes because they're cheap and have an Amazon style delivery service. People have short memories and whilst their demographic is quite idealistic, I think the actions they are taken and the updates and corrections they issued this morning will mean a £5 dress will still be attractive to them.
I was previously annoyed that I hadn’t taken a larger holding in them initially and was concerned that there was more risk at the 400p+ level hence why was concerned about increasing my stake - the drop to circa 200p gave the chance to go in reasonably large.
Might work out, might be a disaster. Relatively confident it will work out well - just need to hope the influencers don’t try and make a name talking them down, or that the ‘celebs’ they use don’t walk away.
They'll all post on Insta for a day or 2 about how disgusting slave labour is and that they'll never buy from them again.
The following day, they'll be tweeted or whatever about a 70% discount code and bobs your uncle, Chantelle is a fan again.
MikeStroud said:
Budget had absolutely zero impact on my portfolio fgs.
Same - thought SHI, Revolutions and Mitchell’s and Butler would have bounced a bit. Revs has new shares being issued in about 10 days so maybe not surprising they didn’t react and SHI got a bounce the other day.. Oh well..
petemurphy said:
Adam B said:
sold BAB for £1800 loss (was my biggest position) and never want to see it again, should rise now - you're welcome Pete
Bought Ibstock and TW - figure house building better than govt contracts but main attraction is neither are BAB
wow! thats more than my loss! do you think it will continue to fall or that others will rise quicker? Bought Ibstock and TW - figure house building better than govt contracts but main attraction is neither are BAB
got in 312, sold at 290, painful when I missed that 325 exit by 0.2p!!
But I have made maybe 600-800 on trading in and out of it, and £12,500 on SDLT reduction so not a bad day overall
BAB will rise, it has to eventually but I think it will need 2 or 3 qtrs of respectable results to convince the market, unbelievable it was 450 in early June. Medium term i think reduced govt spending will weigh down on it but not at 300p
rich12 said:
500 Miles said:
My gut feeling on Boo is that it will be back to near (maybe 20% down) from their recent highs.
People have short memories and whilst their demographic is quite idealistic, I think the actions they are taken and the updates and corrections they issued this morning will mean a £5 dress will still be attractive to them.
I was previously annoyed that I hadn’t taken a larger holding in them initially and was concerned that there was more risk at the 400p+ level hence why was concerned about increasing my stake - the drop to circa 200p gave the chance to go in reasonably large.
Might work out, might be a disaster. Relatively confident it will work out well - just need to hope the influencers don’t try and make a name talking them down, or that the ‘celebs’ they use don’t walk away.
I agree. Boohoo's target audience are typically under 30 and buy the clothes because they're cheap and have an Amazon style delivery service. People have short memories and whilst their demographic is quite idealistic, I think the actions they are taken and the updates and corrections they issued this morning will mean a £5 dress will still be attractive to them.
I was previously annoyed that I hadn’t taken a larger holding in them initially and was concerned that there was more risk at the 400p+ level hence why was concerned about increasing my stake - the drop to circa 200p gave the chance to go in reasonably large.
Might work out, might be a disaster. Relatively confident it will work out well - just need to hope the influencers don’t try and make a name talking them down, or that the ‘celebs’ they use don’t walk away.
They'll all post on Insta for a day or 2 about how disgusting slave labour is and that they'll never buy from them again.
The following day, they'll be tweeted or whatever about a 70% discount code and bobs your uncle, Chantelle is a fan again.
Just dumped the last of my Crapita at a loss to average down my BOO to 305!
just seen what cumming has written recently might explain some of babcocks decline:
Mr Cummings has been particularly scathing about the way the Ministry of Defence runs its procurement, branding it a 'farce'.
He claimed the military 'continued to squander billions of pounds, enriching some of the worst corporate looters and corrupting public life via the revolving door of officials/lobbyists'.
'Scrutiny by our MPs has been contemptible. They have built platforms that already cannot be sent to a serious war against a serious enemy,' he wrote in a blog post titled Drones in March.
'A teenager will be able to deploy a drone from their smartphone to sink one of these multibillion-dollar platforms.
Mr Cummings has been particularly scathing about the way the Ministry of Defence runs its procurement, branding it a 'farce'.
He claimed the military 'continued to squander billions of pounds, enriching some of the worst corporate looters and corrupting public life via the revolving door of officials/lobbyists'.
'Scrutiny by our MPs has been contemptible. They have built platforms that already cannot be sent to a serious war against a serious enemy,' he wrote in a blog post titled Drones in March.
'A teenager will be able to deploy a drone from their smartphone to sink one of these multibillion-dollar platforms.
Skyedriver said:
Hope you guys are correct
Just dumped the last of my Crapita at a loss to average down my BOO to 305!
Crapita is my 2nd largest gamble... in hindsight, I should have split the investment across a few different shares. Just dumped the last of my Crapita at a loss to average down my BOO to 305!
However... I now feel in a committed relationship with them and don’t want to call it off, even though I know I could do better... up 22% but hasn’t done much recently - well, nothing positive..
500 Miles said:
Crapita is my 2nd largest gamble... in hindsight, I should have split the investment across a few different shares.
However... I now feel in a committed relationship with them and don’t want to call it off, even though I know I could do better... up 22% but hasn’t done much recently - well, nothing positive..
i just bought some as it dipped below 40 and ive kicked myself before. almost bought costain - glad i didnt it seems to be babcockingHowever... I now feel in a committed relationship with them and don’t want to call it off, even though I know I could do better... up 22% but hasn’t done much recently - well, nothing positive..
My RR has creeped nicely up today. Only 2% off my average.
My LT IAG is £3500 down 23%. I just stopped looking at that one can’t bring myself to take that much loss. STOB is my worst percentage wise 36% down. And yes it’s worst that my little WDI I hold. Ha ha ha.
Somehow I’m still 1% up on my whole portfolio.
My LT IAG is £3500 down 23%. I just stopped looking at that one can’t bring myself to take that much loss. STOB is my worst percentage wise 36% down. And yes it’s worst that my little WDI I hold. Ha ha ha.
Somehow I’m still 1% up on my whole portfolio.
Edited by Aiminghigh123 on Wednesday 8th July 15:13
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