What’s your big gamble?

[wfw14b]

Adam B said:

its my smallest holding, but I see more upside risk than down at 10p

I see its picked up again. It was at 9.74

[Adam B]

petemurphy said:

is it a good buy now whats changed since the enthusiasm and talk of 20p?

definitely a risk

old CEO brought in which is good
ex CEO is selling his large stake 1% per day which is probably putting downward pressure on, but as that effect diminishes in a few weeks things may improve

I just read P/E is 0.6 which is crazy low even given the compensation claims issue

I've convinced myself - got a buy order in now

Edited by Adam B on Friday 10th July 13:59

[anonymous-user]

bigbaddom said:

Is anyone in (still in) ted baker?
Just one way traffic at the moment

Also a large holder of Babcock..... dog

I'm heavily in both. TED has new CEO whom I have faith in so LTH for me on both shares.

[anonymous-user]

Riggadig said:

Nice to see IPF doing well today as I tipped them on here a few weeks back and know a few of you bought in.

I bought them, so many thanks, one of my few in green.

[classicfred]

Kefi - maybe they hit some gold.......in Ethipoia - lol

Edited by classicfred on Friday 10th July 14:03

[anonymous-user]

petemurphy said:

i know i may have mentioned it before but wtf fking babcock its down another 5+% how much lower can it go!

Yep, it is defying all logic. I keep reading everything I can about them. Aside form the one off loss last year (due to right offs) I can only think it is the possibility of defence cuts.

It's not like I can calm myself by saying the dividend yield is worth making it a LTH as the divvy yield historically has been only about 2-3%; it's only 8% now because the sp is so flipping low (div yield = divvy / sp )

[Aiminghigh123]

wfw14b said:

I see its picked up again. It was at 9.74

I’m back in on Amigo. Was in at 8.9 out at 13 and 16. Back in at 10.3.

[classicfred]

Scotgold and Shanta gold both showing increases as well, 8% and 4 % - how long will it last ? lol.

[anonymous-user]

Adam B said:

petemurphy said:

Adam B said:

I can confirm shorting is more nerve-wracking than going long BAB

did you still have the short going? (dont quite understand how they work just know babcock is down another 500000% )

they are pretty simple, you just sell a stock you don't hold, it creates a short position, the platform will charge a small fee (to "lend" you the stock you didn't have to sell - only 1.2% per annum), you close the short by buying the same quantity of the stock

I was too nervous holding it overnight, I had the right game but didn't play it well

shorted 8,000 shares at 295, not the 300 it got to
closed short at 294, not the 287 it closed at

overall I made £50 after fees, played properly I could have made a lot more, but it was an experiment for me really, it is nerve wracking and you watch the screens more

Edited by Adam B on Friday 10th July 10:55

Could haves, should haves... The fact is you made some money, you timed it right. You could have timed it better / been more lucky. But you got a result. For me it was far too nerve wracking.

What I don't understand about shorting is:

Person A lends Person B some shares.
Person B sells them at Price X.
Person B buys back later at Price Y (Y<X).
Person A gets a fee. Person B has made the difference between X and Y.
So everyone is happy right?

Except now person A holds shares at a lower price than they were before due to person B's activities with no guarantee they will recover.

[Adam B]

MikeStroud said:

What I don't understand about shorting is:

Person A lends Person B some shares.
Person B sells them at Price X.
Person B buys back later at Price Y (Y<X).
Person A gets a fee. Person B has made the difference between X and Y.
So everyone is happy right?

Except now person A holds shares at a lower price than they were before due to person B's activities with no guarantee they will recover.

A is not happy. He holds the shares and is still exposed to the ups and downs. It went down so he lost.

By way of a tiny compensation, he has signed up to the stock lending programme and the platform pays him a % of their stock lending fee (50% on IBKR I think). So over a day he was paid 1.15% x 50% x 1/365 = 0.0016%

[wfw14b]

petemurphy said:

wfw14b said:

Amigo holders I would get out now. Its dropping

was about to say they've gone quiet recently! is it a good buy now whats changed since the enthusiasm and talk of 20p?

I can only assume that if the previous owner is dumping 4.75m, 1% daily this gap is not being filled and the price is dropping.

[Adam B]

wfw14b said:

I can only assume that if the previous owner is dumping 4.75m, 1% daily this gap is not being filled and the price is dropping.

yep, although the impact of that is much bigger when he holds 60% than 30 days later when he holds 30%, and 70% is being held by the market / someone slowing building a stake

Also a potential buyer will wait until his stake is much lower and they can make a bid without needing his agreement

I bought more at 10.0 today to bring my average down (still a painful 14), happy to hold for 6 months plus though

[rich12]

Adam B said:

yep, although the impact of that is much bigger when he holds 60% than 30 days later when he holds 30%, and 70% is being held by the market / someone slowing building a stake

Also a potential buyer will wait until his stake is much lower and they can make a bid without needing his agreement

I bought more at 10.0 today to bring my average down (still a painful 14), happy to hold for 6 months plus though

Yep, anyone who got caught out, just turn it into a medium term hold. Not worth taking a loss for this.

[fizz47]

https://www.reuters.com/article/boohoo-group-stand...


Some more opportunities to profit from voltalilty in Boohoo?

I don’t think this will be last of this. My personal uneducated guess is that stories will be drip fed out about Boohoo. The owners don’t help themselves with their ‘instagramable lifestyles’ and journalists will carry on digging and make bold sensationalist claims.

Some of it may not be their fault but some suppliers along the way will have cocked up and every time something happens then Boohoo will take the rap...

[bitchstewie]

Ethics of making money out of it to one site this may be relevant if you're considering going near BooHoo.

Boohoo co-founder Jalal Kamani linked to Leicester garment factory

[Chilly for June]

One of Boohoo's largest stockholders Standard Life Aberdeen are dumping stock according to BBC news 30 mins ago.

Doesn't seem to have affected the price too much so far.

[classicfred]

Chilly for June said:

One of Boohoo's largest stockholders Standard Life Aberdeen are dumping stock according to BBC news 30 mins ago.

Doesn't seem to have affected the price too much so far.

Along with Next, Asos and Zalando stopping/pausing selling Boohoo products on their websites.

[Atanasoff]

Chilly for June said:

One of Boohoo's largest stockholders Standard Life Aberdeen are dumping stock according to BBC news 30 mins ago.

Doesn't seem to have affected the price too much so far.

That happened a a couple of hours back. I missed the spike this morning but decided to close my position a pathetic 3% up. Fear the Sunday papers may have another go so will watch and buy on the dip. We will see.

Apart from that day hasnt ended badly - even fecking easyjet have gained 2%. They reepresent my biggest loss and i am not sure what to do with them.

[matt21]

Decided to sell half my BOO shares. Made £262 after fees on those in 24hrs, so good going. Win win now, if it goes up my other half will grow, if it drops I will probably reinvest and buy more. That's the theory anyway!

[TCX]

Aiminghigh123 said:

EUA now up 30% today!!! Now when to sell.

Wait for take over?
Lol was in n out of Eua last year 2/3p range,bought back in 07/02 was going to treble holding on the Monday,liked the asset base n bod,put off purchase cos share rose .3 p....suspended on the 11/02,bought more yesterday n today so only 118% up,but I'll wait see who the re listing shakes out hopefully bidding war,this ggp,Avacta,emh n orcp are my money makers this year ....I hope