Kentz Share Discussion Threads

[marben100] 21/6/2014 23:19

Coming back on topic, Russ Mould from YouInvest comments on Kentz' interests in Iraq. Pretty meaningless comments but does highlight the probable reason for recent weakness:

Cheers,

Mark

[whizzy1] 20/6/2014 16:32

I have only recently started to sell/trade on what I thought was toppy and had the good fortune to get back in on the way up, I've held this stock from the IPO, but I thought I'd try a different tactic and go with the market instead of trying to fight it. Half luck, half skill IMO. I say the market, but deep down I mean the makers. These past two days for instance, I watch circa 20 stocks (gives me a general consensus) 18 blue yesterday, Kentz finished slightly red again, so I put that down to a shake and just get on with knowing that I can't beat some city boy sat infront of a myriad of screens running various algorithms to make his bonus.
Edit
Can't say with certainty as I've been buying Kentz from the off, a cautious guesstimate would say I'm at least 400% up. Started buying @127p when only two brokers were covering them lol.
Nearly at my 10,000 share target, all in share save too. Bonus.
Just a note to newbies here, no stamp on KENZ plus the tighter spread makes trading just a little less 'taxing' pardon the pun.

[dr_smith] 20/6/2014 16:08

Hi Mark,
I'm 75% up on Kenz, though can't say this is typical for my portfolio.
Can you send me a negligible £10?
It's negligable on your gains, so that makes it OK ;-)
Regardless of whether it's small or not, licensed robbery is just that.
If I wish to do some deals short term, I shouldn't have to think twice as to whether the market is being syphoned by parasites making my short terms gains theirs.
I could rant more but I'm also patient - justice will come.. I hope.
When I worked for a bank I bucked procedures by only selling PPI with customer fully aware it was optional at not obligitory...that was 25 years ago, but proved me right. :-)

[marben100] 20/6/2014 14:41

DR_SMITH,

I oppose HFT for the reasons you state - but your .25% "tax" only applies when you trade short-term. If one simply holds the stock for the long run, the impact is negligible.

What it does mean is that trading on the basis of a few % move is a mugs game, with frictional costs likely to eat heavily into your overall profits.

I last bought Kentz in my SIPP last October @ 478p. The share price gain since then makes 0.25% pale into insignificance!

Cheers,

Mark

[activeservo] 20/6/2014 14:01

This share should see continuous steady growth. It is a text book investment. So apart from recent political issues having an effect, I think the resistance around 750 has been artificially maintained by the MMs, no idea why..I have thought this for some time and whizzy's post has just reinforced this.

[dr_smith] 20/6/2014 12:06

Hi Mark,
"Worth bearing in mind, however, that unless you're trying to trade short-term, HFT is pretty irrelevant."
That's what I'm unsure about. Yes, less significant in longer term, but exactly how much in shorter term. If it's say doing me out of .25% on average, that's could be about 3% of a co's 7% increase overa year. Knock off stamp duty and broker fees and the small chunk taken out by HFT ain't so small.
Ia it OK to nick £20 out of someones pocket, as it's small compared to their annual pay?

Yes, I know Mark - don't shoot the messenger, but without knowing specifically how much hft is blood sucking, I believe HFT is a provacative and sensitive issue, to which i object to on principle - and a bigger problem I believe than the forex rate and Libor rate rigging, which has been news in recent times.

[marben100] 20/6/2014 10:30

Worth bearing in mind, however, that unless you're trying to trade short-term, HFT is pretty irrelevant. In the long run, the market changes from a "voting machine" to a "weighing machine". I never try to predict what will happen short-term but seek value that will "out" over the long run, considering that good businesses ultimately pay rising dividends.

Oh, and I don't use stop losses that could be triggered by a short-term artificial price move.

Cheers,

Mark

[dr_smith] 20/6/2014 10:00

Yes, a long, eye-opening article worth the read, makes you wonder the extent to which market price actually reflects the market.
Dave R. Smith (Not a Doc ;-) )

[whizzy1] 20/6/2014 09:02

I'm leaning towards the line of share prices moving erratically due to manipulation by MM's rather than good old fashioned growth & earnings.

Did a bit of a background check on you last night Doc, found this interesting/eye opening read.
(Quite lengthy)
Cheers Doc.

[dr_smith] 20/6/2014 08:32

Cheers Whizzy.
I had no doubts over integrity, just wondered if I had missed something.
I guessed later in day you were likely refering to US rates.
I considered property dev myself, but realised I could make as much 'online', using less time and from any part of world.. and maintain liquidity.

[dr_smith] 19/6/2014 09:53

Whizzy "No interest rate hike this year apparently has calmed the markets."
I've been reading Mr Carney says (small) interest rate rise is more likely than market expects., so not sure why you say that.
On contrarian view, I do try to take advantage of it, though can't say I love it, as it is scarey at time of deal and typically weeks or months later I can usually say 'told you so'.

[whizzy1] 19/6/2014 09:10

"Buy low, sell high" is how the investment cliché goes, but, when it comes down to it, private investors in this country tend to do the opposite.
It is, of course, pure guesswork trying to find the ideal time to buy or sell. Stock markets never fall or rise in straight lines, but when an index has enjoyed a meteoric rise, as the FTSE has over the past five years, a prudent approach is surely to keep your powder dry.
As Warren Buffett said: "Most people get interested in stocks when everyone else is. The time to get interested is when no one else is."

[whizzy1] 19/6/2014 09:02

Don't you just love buying when everyone else is selling? Contrarian through and though.
No interest rate hike this year apparently has calmed the markets.

[scottishfield] 19/6/2014 08:30

turning up point now perhaps?

[whizzy1] 18/6/2014 15:23

Latest broker rating target was for 850p I'm frantically trying to transfer funds before they go above £7 again, all in my ISA too, not far from my goal of the magic 10K now, hope they can stay low until next Friday.

[owencoffin] 18/6/2014 14:12

how much was offered in the take over? iirc did they say about 650p was as high as they would go.

[steeplejack] 18/6/2014 13:56

Irritating retreat triggered by Middle East concerns I guess.I thought we might break out at the higher levels and topped up accordingly.Anything with a "6" in front would represent very good long term value I reckon.

[whizzy1] 18/6/2014 12:14

Just topped up @697.75 bring it on.

[gswredland] 18/6/2014 11:22

Looking to grab some more on weakness!

[fizzypop] 18/6/2014 10:59

Oh well, now dipped below 700p just to prove me wrong.
Top up time soon Whizzy ... 10,000 shares on the horizon?

[scottishfield] 18/6/2014 10:17

good for you fizzy (hold FLyB)

[fizzypop] 18/6/2014 10:16

Buys now exceeding sells on LSE (for what that's worth)and fall starting to reverse above 702p. Just bought some FLYB for a taster.

[activeservo] 11/6/2014 18:05

What a truly great share this is. Sorry, I've had a couple of large reds and no I didn't sell today...