Wpp Share Discussion Threads

[nasdaqpat] 02/3/2017 09:41

Well at least FTSE100 has had its first 4%+ rally of 2017...albeit one has to include the two parts of PW3 (7094:7330:7192:7395)...nevertheless a 20 day Up wave of 04.24% (thus far) is most welcome and makes 10.75% for the 81 day, 6677 based Segment as a whole and 34.45% for Phase 1 of the 267 day, 5500 based Bull as a whole.

Enormous number of companies down at the moment so maybe 7395 will turn out to be top of PW3 and possibly the Segment as a whole. If it is the latter, then a standard c(61.80%) Segmental correction of the 718 points accrued would lead to c6951 which would be a c(06.00%) decline and resulting in a good Buying opportunity, IMHO.

[nasdaqpat] 02/3/2017 07:39

AMFW have failed to deliver on their divestment objectives but that is probably in the price already so may top-up on any move below 423.5p.

No real surprises from CPI and market may like the fact that the CEO is on his way out. Will probably just hold but will Add if it drops to c520p or lower.

SPT a little disappointing bearing in mind good recent share price performance but they have laid down some markers for growth so may top up if share price drops to about 96p.

WPP finals tomorrow!

[invisage] 01/3/2017 23:29

Portfolio at ATH's anyhow.

[invisage] 01/3/2017 23:29

I would be YTD 4.3% had I not sold SWDA yesterday, YTD stands at +3.9%

My annual target is 4%, I will hit this with the dividends yet to come and if the market went sideways from here.

[nasdaqpat] 01/3/2017 21:53

Segmental & Phase tallies for American Indices (plus FTSE100 & DAX for comparison purposes) @ Day 78 & Day c265 respectively :-

DAX~~~~~18.66%~(10175:12074)~~~38.80%~~(8699:12074)
DOW~~~~~18.37%~(17884:21169)~~~37.01%~(15451:21169)
NASComp~17.44%~~(5034:5912)~~~~40.43%~~(4210:5912)
NAS100~~16.14%~~(4648:5398)~~~~38.80%~~(3889:5398)
SPX~~~~~15.21%~~(2084:2401)~~~~32.65%~~(1810:2401)
FTSE100~10.57%~~(6677:7383)~~~~34.24%~~(5500:7383)

Massive highs for all American indices today and Goldman Sachs got their 2400 for SPX.

[nasdaqpat] 01/3/2017 21:26

My estimates are rubbish now!

[gateside] 01/3/2017 20:42

Midweek update... Portfolio increased 1.30% so farFrom -0.20% to 1.10%

[nasdaqpat] 01/3/2017 19:41

He seems to have a good all round set of companies. Even on Monday, when Insurers got shafted and he suffered a hit on ADM & DLG, his portfolio still managed to finish Up. I estimate he is on about 01.45% for the week thus far, with Videans Up about 0.85% and Gateside about 0.80%.

[gateside] 01/3/2017 19:29

What sectors in his portfolio are doing so well?

Or is it more the case that he has very few underperforming shares at present?

[gateside] 01/3/2017 19:02

Wonder how the Markets will react to Article 50 being triggered? Probably mostly already priced in I'd guess. What do you reckon?

[gateside] 01/3/2017 18:48

On updating spreadsheet, thought I would have outperformed the FTSE100, but I didn't by a fair way. Need to double check figures.

[nasdaqpat] 01/3/2017 18:37

Our investments significantly underperformed today with a gain of 1.03% as opposed to 1.64% for FTSE100. Of our 49 shares, 36 closed Up, 10 Down & 3 Unchanged. There were new highs for BA., BOO, L100, PCT, RTO, SJPA, SWDA, VUKE & WPP.

Lots of selling today, mainly of Trackers, and stock level has reduced to 52.6%. However, so far, no Company's shares sold outright but further upside will result in that situation changing.

[gateside] 01/3/2017 18:22

Apart from SSE all my larger holdings were up, and many were up over 2%

[nasdaqpat] 01/3/2017 09:54

Reduced on L100, VUKE & HMCX this morning but FTSE100 looking a little more positive now...but it needs to move past the 7330 of 20 Feb to confirm that it is in Part 2 of Principal Wave 3 (7094 based)...currently I fancy it will get to between 7393 and 7413 but it only needs 7378 to register the first 04.00%+ rally of 2017.

[nasdaqpat] 01/3/2017 07:57

I think we will hold SWDA a while longer as we are quite light on it and there is a chance the pound will go further down short-term. I do, however, expect an imminent correction but I think it will be of the Segmental variety and cannot see much more than (07.00%) off for DOW in a probable short timeframe meaning c3500p for SWDA which isn't going to hurt and a good place to double up on our holding. After the expected correction, I believe America has further upside and may not Phase top until May or even June.

[invisage] 01/3/2017 07:31

After a lot of thought I felt it was a sensible thing to do to be honest, the US markets are up 15% since November we are much closer to the end of this rally then the beginning. I didn't want to wait for the correction to start before selling as a lot of people probably have their eye on the exit. If I'm honest I was always planning to do something around this time. As MAY indicated article 50 would be triggered I'm March I was hoping pound would be 1.10 vs dollar which would have boosted my trackers that has not happened and I'm now not sure if the pound will go lower.It feels the pound is trying to bottom out and then there's this nasty bearish wedge pattern on the charts.Let's see how it plays out.

[nasdaqpat] 01/3/2017 07:14

I knew Invisage would start panicking at some point and never believed his BS about keeping stocks indefinitely and not trading...mind you I didn't expect him to start selling as early as February.

Nevertheless, knowing the make-up of his portfolio, I'm pretty sure he has done the right thing by selling SWDA which, I believe, was 19.9% of his portfolio and ripe for a fall due to being inflated by the weak pound. It now gives him a nice chunk of cash to feed into the market once we have had some sort of correction.

Gateside clearly helped him to move away from his erstwhile intransigent views and take some profits but, to be fair, he deserves some credit for being able to change his mind.

[nasdaqpat] 01/3/2017 01:03

To answer your question, Gateside, our original 2 accounts were SIPPs and obviously there are some costs involved for custody and income drawdown management but they are negligible (£200 per account per year). We also have a cash trading A/C each and there is a small annual custody charge of £30 for each A/C. Across all 4 a/cs if we carry out 10 or more trades in a month then each online trade costs £4.95, otherwise £9.95. Needless to say we always rack up at least 10 trades each month.

Staying up for Trump address?

[nasdaqpat] 28/2/2017 23:20

Whatever we pay to our SIPP provider in fees it won't be as much as your therapist charges!

[gateside] 28/2/2017 22:22

Pat... To get dealing costs of as little as £4.95 - Do you have to pay a monthly or annual fee to your broker?

[nasdaqpat] 28/2/2017 22:16

So much for staying fully invested then Invisage...you appear to be trying to time the market - like a sensible person - but its a bit rich after all your double talk and championing of LTBH over the last few months.

It is also clear why you keep going on about trading costs...£12 is a ridiculous amount to pay for a trade. You may recall we pay £4.95.

Do you suffer from a minor case of transference neurosis and are you in therapy?

[invisage] 28/2/2017 21:56

Cheers GETF trackers are good as easy to sell and buy back. Stocks are expensive to buy and sell as stamp duty and spread kills your portfolio long term.

[gateside] 28/2/2017 21:42

Invisage... good luck with your call to sell some.

[invisage] 28/2/2017 21:34

Decided sell all of SWDA today.I can always buyback at a cost of £12 so it made sense to sell and watch from the side. I continue to have a huge amount still invested.