What’s your big gamble?
Discussion
500 Miles said:
Insurancejon said:
forgot I took a punt on hyve last week. not massive, just took the earnings rns as good news, just checked and 28.31% up......now do I hold or sell?
Hyve the conference group? I’ve got them but showing as level just now.. 
I was too early and down 33% overall! Bought when didn’t think they could drop anymore.. Not entirely sure why I bought this one - an org that does conferences isn’t a good bet in a pandemic inflicted world! Most of my shares I can justify to myself, not this one
500 Miles said:
500 Miles said:
Insurancejon said:
forgot I took a punt on hyve last week. not massive, just took the earnings rns as good news, just checked and 28.31% up......now do I hold or sell?
Hyve the conference group? I’ve got them but showing as level just now.. I was too early and down 33% overall! Bought when didn’t think they could drop anymore.. Not entirely sure why I bought this one - an org that does conferences isn’t a good bet in a pandemic inflicted world! Most of my shares I can justify to myself, not this one
Insurancejon said:
500 Miles said:
500 Miles said:
Insurancejon said:
forgot I took a punt on hyve last week. not massive, just took the earnings rns as good news, just checked and 28.31% up......now do I hold or sell?
Hyve the conference group? I’ve got them but showing as level just now.. I was too early and down 33% overall! Bought when didn’t think they could drop anymore.. Not entirely sure why I bought this one - an org that does conferences isn’t a good bet in a pandemic inflicted world! Most of my shares I can justify to myself, not this one
I bought because: (1) May price was hugely down on pre-CV price so hoped for bounce up (2) At that time I thought CV would blow over (as it seemed to have done in China at that time) and then within a year it would be back to normal (3) I felt that people like face to face socialble conferences to network and would rather attend events than zoom/phone/email.
As has been said above hopefully their cash drain isn't too high as some events are now taking place, insurance covers some others, they can easily cut back on costs etc. When I bought it was with a view that they'd double or more in two years time. I still think that will happen but the trouble is I am too impatient to wait and see and want immediate results today !
CINE
Cine just gets worse and worse. I had hoped that the very fact they actually opened in the UK might help the sp (as others like CCL have given many dates for cruises to start and then those dates get cancelled and moved to the right). Next milestone to wait for is cine to fully open in the USA and see what happens then.
Then also need to see how the streaming early versus release to cinema battle pans out.
CINE and CCL are also on my long list of huge losses!
Cine just gets worse and worse. I had hoped that the very fact they actually opened in the UK might help the sp (as others like CCL have given many dates for cruises to start and then those dates get cancelled and moved to the right). Next milestone to wait for is cine to fully open in the USA and see what happens then.
Then also need to see how the streaming early versus release to cinema battle pans out.
CINE and CCL are also on my long list of huge losses!
MikeStroud said:
CINE
Cine just gets worse and worse. I had hoped that the very fact they actually opened in the UK might help the sp (as others like CCL have given many dates for cruises to start and then those dates get cancelled and moved to the right). Next milestone to wait for is cine to fully open in the USA and see what happens then.
Then also need to see how the streaming early versus release to cinema battle pans out.
CINE and CCL are also on my long list of huge losses!
I agree 75% of their revenues are US based so that's where the recovery starts.Cine just gets worse and worse. I had hoped that the very fact they actually opened in the UK might help the sp (as others like CCL have given many dates for cruises to start and then those dates get cancelled and moved to the right). Next milestone to wait for is cine to fully open in the USA and see what happens then.
Then also need to see how the streaming early versus release to cinema battle pans out.
CINE and CCL are also on my long list of huge losses!
Meanwhile, there's this weighing it down:
https://shorttracker.co.uk/company/GB00B15FWH70/
As I understand it, there's lots of downward pressure on this at present. Results due tomorrow. Something has to give. If there's good news (i.e. it's bad but not as bad as it could be, the burn rate is under control, liquidity is good etc) and the share price responds positively then there's going to be a squeeze. Hopefully we'll see some of those shorts close off but it appears they're betting on bad news and the volume is going to take some shifting.
FWIW Mulan isn't a big loss IMO.
Bit more of a general question this one: Given what is happening the moment, and what may happen with the economy over the next 12 months or so with Covid/Brexit etc.
Where would you have your money to ensure both security and some returns?
My thoughts are that having sums in the bank is not prudent, because if the government decides to engage in quantitative easing there is a risk of cash being devalued slightly.
So what to do with it?
Buy some residential property for letting?
Buy commercial/industrial property for letting?
Buy shops or office space?
Stock Market?
Precious metals?
Anything else?
Having sold out of 'High street' properties 2 or 3 years ago, I'm kind of pleased that I am no longer in that sector of investment.
Or would you simply keep your money in the Banks for the moment and see what happens? Maybe some bargains to be had shortly?
Where would you have your money to ensure both security and some returns?
My thoughts are that having sums in the bank is not prudent, because if the government decides to engage in quantitative easing there is a risk of cash being devalued slightly.
So what to do with it?
Buy some residential property for letting?
Buy commercial/industrial property for letting?
Buy shops or office space?
Stock Market?
Precious metals?
Anything else?
Having sold out of 'High street' properties 2 or 3 years ago, I'm kind of pleased that I am no longer in that sector of investment.
Or would you simply keep your money in the Banks for the moment and see what happens? Maybe some bargains to be had shortly?
Lord Marylebone said:
Bit more of a general question this one: Given what is happening the moment, and what may happen with the economy over the next 12 months or so with Covid/Brexit etc.
Where would you have your money to ensure both security and some returns?
My thoughts are that having sums in the bank is not prudent, because if the government decides to engage in quantitative easing there is a risk of cash being devalued slightly.
So what to do with it?
Buy some residential property for letting?
Buy commercial/industrial property for letting?
Buy shops or office space?
Stock Market?
Precious metals?
Anything else?
Having sold out of 'High street' properties 2 or 3 years ago, I'm kind of pleased that I am no longer in that sector of investment.
Or would you simply keep your money in the Banks for the moment and see what happens? Maybe some bargains to be had shortly?
You’re in the wrong place for sensible financial advice - I would ask in the main forum as a new thread. Where would you have your money to ensure both security and some returns?
My thoughts are that having sums in the bank is not prudent, because if the government decides to engage in quantitative easing there is a risk of cash being devalued slightly.
So what to do with it?
Buy some residential property for letting?
Buy commercial/industrial property for letting?
Buy shops or office space?
Stock Market?
Precious metals?
Anything else?
Having sold out of 'High street' properties 2 or 3 years ago, I'm kind of pleased that I am no longer in that sector of investment.
Or would you simply keep your money in the Banks for the moment and see what happens? Maybe some bargains to be had shortly?
If you want some sensible gamble advice... Put it all on Boo...
rich12 said:
I just want to know which one will hit the magic '3' first. Boohoo at £3 or SKIN at 3p.
Both tomorrow would be nice FYI.
That would be very nice - I think Boo will get there, depends what’s in the GB’s blog. I have a funny feeling SKIN might retrace back - Boo hopefully gets there by Monday. Both tomorrow would be nice FYI.
I’ve got 3 times as much Boo as SKIN - Boo is 3rd largest holding now, SKIN has ran up the charts to position 8..
500 Miles said:
Lord Marylebone said:
Bit more of a general question this one: Given what is happening the moment, and what may happen with the economy over the next 12 months or so with Covid/Brexit etc.
Where would you have your money to ensure both security and some returns?
My thoughts are that having sums in the bank is not prudent, because if the government decides to engage in quantitative easing there is a risk of cash being devalued slightly.
So what to do with it?
Buy some residential property for letting?
Buy commercial/industrial property for letting?
Buy shops or office space?
Stock Market?
Precious metals?
Anything else?
Having sold out of 'High street' properties 2 or 3 years ago, I'm kind of pleased that I am no longer in that sector of investment.
Or would you simply keep your money in the Banks for the moment and see what happens? Maybe some bargains to be had shortly?
You’re in the wrong place for sensible financial advice - I would ask in the main forum as a new thread. Where would you have your money to ensure both security and some returns?
My thoughts are that having sums in the bank is not prudent, because if the government decides to engage in quantitative easing there is a risk of cash being devalued slightly.
So what to do with it?
Buy some residential property for letting?
Buy commercial/industrial property for letting?
Buy shops or office space?
Stock Market?
Precious metals?
Anything else?
Having sold out of 'High street' properties 2 or 3 years ago, I'm kind of pleased that I am no longer in that sector of investment.
Or would you simply keep your money in the Banks for the moment and see what happens? Maybe some bargains to be had shortly?
If you want some sensible gamble advice... Put it all on Boo...
As for my other question, I'll start a new thread!
Lord Marylebone said:
I'm not much of a gambler, although I did buy into a crypto currency called Cardano a week or so ago because someone tipped me off that it would be really good idea.
As for my other question, I'll start a new thread!
Good luck on Cardano. As for my other question, I'll start a new thread!
Meeten does a good line in magic beans if you want to invest in something which is less risky than crypto
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