What’s your big gamble? (Volume 3)
Discussion
petemurphy said:
all a bit red
capita and costain starting to look cheap again
Yep i've recently doubles my holding in Costain making up 25% of PF. Not many undervalued stocks left after the substantial rerates i've been in on CARD/TED/SAGA/SGC capita and costain starting to look cheap again
I may increase my holding even further given there's so few companies left to re-rate no covids finished it looks like.
Also bought some more BP at 302p today.
Good to see the overvalued sectors taking a pasting was always coming. Time to snap up the cheap companies being pushed down even though they are recovery trade.
Aiminghigh123 said:
I did say previously inflation looks very likely end of this year. My mate at a large bank has said amount of cash being held by many has ballooned and all the models say inflation very likely.
I know 4 of my mates working from home and it’s saving them around £7k a year in travel lunches etc.
Yep think most people who've managed to remain in employment will come out of this pandemic in a much better financial position. Endless people have been having home improvements and the like - I see inflation as a very sector specific issue surely? The £7k they are saving and say spending on a TV or home improvement previously would have been spent on fuel + coffees + Sandwiches etc? so the overall spend may be the same it's just sector specific.I know 4 of my mates working from home and it’s saving them around £7k a year in travel lunches etc.
In saying that, personal account deposits are at their highest for decades so clearly people are saving a lot, but if they're saving a lot they aren't spending so why is inflation suddenly rising?
The housing market & used car market are the obvious 2 for me. Why the govt are so obsessed with pumping even more support into an already overheated property market is beyond me...
lewisf182 said:
Aiminghigh123 said:
I did say previously inflation looks very likely end of this year. My mate at a large bank has said amount of cash being held by many has ballooned and all the models say inflation very likely.
I know 4 of my mates working from home and it’s saving them around £7k a year in travel lunches etc.
Yep think most people who've managed to remain in employment will come out of this pandemic in a much better financial position. Endless people have been having home improvements and the like - I see inflation as a very sector specific issue surely? The £7k they are saving and say spending on a TV or home improvement previously would have been spent on fuel + coffees + Sandwiches etc? so the overall spend may be the same it's just sector specific.I know 4 of my mates working from home and it’s saving them around £7k a year in travel lunches etc.
In saying that, personal account deposits are at their highest for decades so clearly people are saving a lot, but if they're saving a lot they aren't spending so why is inflation suddenly rising?
The housing market & used car market are the obvious 2 for me. Why the govt are so obsessed with pumping even more support into an already overheated property market is beyond me...
From a government dept point of view tax has to go up surely. How much debt will we be in when this is all over?
CRCL just released another RNS (3rd this week) about finally getting a licence for one their mine in Papua New Guinea. Subsequently another rise today, which is most welcome as the rest of my pf has been s
t.
I wish i'd bought more (don't we all), and you wouldn't want to be out of this one over the weekend, etc.
t.I wish i'd bought more (don't we all), and you wouldn't want to be out of this one over the weekend, etc.
indestructible focus said:
Yep i've recently doubles my holding in Costain making up 25% of PF. Not many undervalued stocks left after the substantial rerates i've been in on CARD/TED/SAGA/SGC
I may increase my holding even further given there's so few companies left to re-rate no covids finished it looks like.
Also bought some more BP at 302p today.
Good to see the overvalued sectors taking a pasting was always coming. Time to snap up the cheap companies being pushed down even though they are recovery trade.
interesting re costain thanks I was wondering whether to put some of my "safe" money in it cw with the gambles. any major risks coming up for that one do you think?I may increase my holding even further given there's so few companies left to re-rate no covids finished it looks like.
Also bought some more BP at 302p today.
Good to see the overvalued sectors taking a pasting was always coming. Time to snap up the cheap companies being pushed down even though they are recovery trade.
It's been a weird old day in my portfolio. I guess that's to be expected in the heart-attack inducing life of an ODX holder!
ORR is currently up 20% again and it's still got some way to go to get back to recent highs. BCN is frustrating. It looks like an opportunity for free money with an offer of 67.5p on the table and the SP stuck in the mid 50s but I've read enough on here about EUA to know that it's far from a done deal!
ORR is currently up 20% again and it's still got some way to go to get back to recent highs. BCN is frustrating. It looks like an opportunity for free money with an offer of 67.5p on the table and the SP stuck in the mid 50s but I've read enough on here about EUA to know that it's far from a done deal!
DRFC1879 said:
BCN is frustrating. It looks like an opportunity for free money with an offer of 67.5p on the table and the SP stuck in the mid 50s but I've read enough on here about EUA to know that it's far from a done deal!
Exactly!!! I got out of BCN last week taking my profit at 58. I have been in and out of EUA and just watching from side lines. It’s still down on what I last sold at!!
Aiminghigh123 said:
DRFC1879 said:
BCN is frustrating. It looks like an opportunity for free money with an offer of 67.5p on the table and the SP stuck in the mid 50s but I've read enough on here about EUA to know that it's far from a done deal!
Exactly!!! I got out of BCN last week taking my profit at 58. I have been in and out of EUA and just watching from side lines. It’s still down on what I last sold at!!
MikeStroud said:
Aiminghigh123 said:
DRFC1879 said:
BCN is frustrating. It looks like an opportunity for free money with an offer of 67.5p on the table and the SP stuck in the mid 50s but I've read enough on here about EUA to know that it's far from a done deal!
Exactly!!! I got out of BCN last week taking my profit at 58. I have been in and out of EUA and just watching from side lines. It’s still down on what I last sold at!!
Part of me thinks sell now take profit when it is there.
Thing is this was a long long term hold for me not a buy for someone to take it over share..
I bought in just after the placing thinking I'd make a reasonably quick 20%. I'm at 46p so I could've taken more than my target out of it but I'd like t think that 67.5p is now a minimum benchmark. I don't know how you could lose from this point with the following possible scenarios:
1. Ganfeng make no formal offer. The business continues with Sonora and realises the value of the asset development. SP rises in accordance.
2. Ganfeng Make the offer and it's accepted. The SP immediately get's within a few percentage points of the accepted offer and staysaround there until it's finalised. I'd sell at that point.
3. Ganfeng make the offer and it's rejected. Either they come back with a higher bid or we revert to scenario one. And we know that the business has a strong minimum benchmark set if anyone else wants to try a bid.
If it's still at the current level when I get paid I'm throwing another grand in.
1. Ganfeng make no formal offer. The business continues with Sonora and realises the value of the asset development. SP rises in accordance.
2. Ganfeng Make the offer and it's accepted. The SP immediately get's within a few percentage points of the accepted offer and staysaround there until it's finalised. I'd sell at that point.
3. Ganfeng make the offer and it's rejected. Either they come back with a higher bid or we revert to scenario one. And we know that the business has a strong minimum benchmark set if anyone else wants to try a bid.
If it's still at the current level when I get paid I'm throwing another grand in.
Further price crashes on all EV and green US stuff
BEEM for example peaked at a 650m valuation, now it’s 187
Now 650 was probably nonsense but one of these days these are going to be cheap cs potential.
Bloody hope so because I am very bored of mine (EQT, ETMC, ABML) kicking me in the nuts every day.
FAR is proving tiresomely expensive too
BEEM for example peaked at a 650m valuation, now it’s 187
Now 650 was probably nonsense but one of these days these are going to be cheap cs potential.
Bloody hope so because I am very bored of mine (EQT, ETMC, ABML) kicking me in the nuts every day.
FAR is proving tiresomely expensive too
Adam. said:
Further price crashes on all EV and green US stuff
BEEM for example peaked at a 650m valuation, now it’s 187
Now 650 was probably nonsense but one of these days these are going to be cheap cs potential.
Bloody hope so because I am very bored of mine (EQT, ETMC, ABML) kicking me in the nuts every day.
FAR is proving tiresomely expensive too
ADOM is the one that bugs me the most. I bought that late Jan when it was tipped on here and it's been a complete (electric) car crash ever since.BEEM for example peaked at a 650m valuation, now it’s 187
Now 650 was probably nonsense but one of these days these are going to be cheap cs potential.
Bloody hope so because I am very bored of mine (EQT, ETMC, ABML) kicking me in the nuts every day.
FAR is proving tiresomely expensive too
I have a few like this that are just sat in a lth pile hoping that one day, in 5 years time, someone buys it or they build the first fusion powered car or something and it ten bags overnight. It's not impossible for such shares to grow in value over time but need to keep an eye on results and sell if they are simply losing money and will never get anywhere.
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