Venture Life Share Discussion Threads

[apad] 04/10/2016 13:36

Well, maybe my 8000 FTSE forecast by the end of the year is on track.

I finally got fed up with CLLN and sold out on the little blip first thing. Like poking a wet sack. Didn't even keep a few for interest.

Sorry, red, I am a failed disciple, still I came out with a profit when including the divys.

You can guess where it has gone - paid over the odds because I was in a hurry this morning, so bought in one tranche, irritating.

BOO has overtaken ABC into second slot. Didn't forecast that!

Amusing to see a few speeches at a conference moving the market.

I'm still holding to the position that there is nowhere to go other than producing, strong companies and that the central banks are just bobbing around in the surf.

apad

[petersinthemarket] 04/10/2016 13:31

Looks as if BOO can defy gravity

[glaws2] 04/10/2016 09:33

The problem with BVXP (a company I quite like) that I have is that currently it seems to be a binary play on whether/when the Troponin blood test hits the market - and this is totally in the hands of one of their customers rather than their control.

[redartbmud] 04/10/2016 08:57

Not as racey as you guys, but traded BT.A again today. Bought yesterday at £3.83175 and sold today at £3.8925. Not a lot but every little helps. My 4th trade since 8th September. I am refining my deals in the £3.80 to £3.90 corridor.
My core holding average price is now at £3.287p

Happy days

red

Happy days

[janeann] 03/10/2016 20:11

I will be if youinvest ever get their act together and give me the option of participating! Emailed them and they say one day this week!

[petersinthemarket] 03/10/2016 19:26

Anyone going for the Tritax BBOX offer?

[apad] 03/10/2016 17:02

Played it that way for years, L.

BUT steady, so-called 'safe' yielders now ridiculous valuations, so I have been moving out over the last few years.

However, I have 'growth' shares that I have held for a long term that are a good source of income.

apad

[lauders] 03/10/2016 14:53

I see! Every bit helps then. Certainly nice to have good, and hopefully regular, income from other investments if that is the case. Good luck :-)

[apad] 03/10/2016 11:29

Not big numbers, L - out of income :-)
apad

[lauders] 03/10/2016 11:13

All this buying you are undertaking of BVXP shares should surely be moving it northwards by now APAD! ;-) No doubt it will decide to do that when/if I ever decide to follow you and others :-(

[apad] 03/10/2016 10:44

Decided I can't see any point in holding MYSL so came out with £200 profit (10% in 2 months) so can't be bad for a toe in the water - red will be proud of me :-)

Bought BVXP in daughter's ISA.

apad

[panic investor] 02/10/2016 14:02

Sorry for slightly off topic but does anybody see a major problem market wise running unto the US election and the possibility that Trump may actually win ?

[hydrus] 01/10/2016 17:41

Re BVXP fair challenges attrader, be interesting to see how they fare - one counter point is that they are currently developing new products as but you are right to question whether they can keep doing that over time as their excess cash grows.

[apad] 01/10/2016 17:01

Superb new Beddard article on RSW.

Says nothing I didn't know, but puts it together and infers much better than I ever could.

apad

[attrader] 01/10/2016 16:46

A great book to understand ROCE/ROIC is
hxxps://www.amazon.co.uk/Valuation-Measuring-Managing-Companies-Finance/dp/111887370X/ref=sr_1_1?ie=UTF8&qid=1475336677&sr=8-1&keywords=valuation

A bit technical but i found it useful for understanding the relation between Growth, ROIC and Cost of capital.

[attrader] 01/10/2016 16:40

One less attractive thing about BVXP is the growth prospects.It operates in a niche market with limited scope of deploying the cash for future growth. Thats why the dividend yield is quite high as they don't have opportunities to develop more products. ROCE for BVXP is quite high and indicative of its strong moat, however, if a business is unable to invest the excess cash then it looses its attraction imv.

[modform] 01/10/2016 16:15

A good way of working it out is to calculate the net profit per employee, and I think BVXP and FEVR will be front runners

[hydrus] 01/10/2016 10:16

Smith follows Buffet's approach of concentrating on ROCE. He doesn't hide his admiration for Buffet. I suppose we all occasionally make mistakes though, e.g. Tesco. A rounding error for Berkshire Hathaway though in the scheme of things.BVXP is an extraordinary company, from a numbers point of view. Tiny revenues, very high ROCE and high profit margin. Not really sure there is anything else that compares on the stock market.

[apad] 01/10/2016 09:25

ps
BVXP is 47%!

[apad] 01/10/2016 09:23

ROCE on top holdings. Terry Smith used this measure to identify TESC weakness when Buffet was buying billions! Hard to mask it seems?

FEVR
ABC
BOO
RSW
TRCS
TSTL
23%
15%
21%
15%
18%
18%

[prince7652] 01/10/2016 07:57

Holding and adding too

[haywards26] 30/9/2016 22:52

I am looking for £2 in the next few months Mod.

[modform] 30/9/2016 21:33

HGM, I agree is very cheap, I hold