Wpp Share Discussion Threads

[nasdaqpat] 13/3/2017 08:43

Light on Engineers following AMFW sale so bought initial tranche of an old favourite - GKN - so back to 50 companies with stock level at 56.8%.

[nasdaqpat] 13/3/2017 08:22

Sold AMFW shares @ 582p so down to 49 companies!

[nasdaqpat] 13/3/2017 08:18

AMFW not long for this world then...0.75 of a WG. share currently values AMFW & 595p but share price only 576p...we have an order to sell @ 580p+.

[essentialinvestor] 11/3/2017 16:23

Have a small holding in ABF, no compelling reason to sell or add atm.
Forward PE around 24, that looks more than fairly valued, just my take.

[gateside] 11/3/2017 13:42

ABF - all the media can do is focus on Primark, yes there may be pressure on margins, but there are big expansion plans, which will boost profits.ABF is a Conglomerate and the rest of its business is booming, but that just gets ignored.

[nasdaqpat] 11/3/2017 13:26

Agreed EI but I am a bit loath to get rid of ABF as it always seems to have a good run whilst I've offlined it and it may also have gained some traction following Kraft's interest in ULVR. However, the 14.3% rally from 2335p on 26 Jan to 2668p on 27 Feb could be just about all she wrote...so I may sell on Monday if it puts on a few more pence. WPP @ c1650p would certainly warrant a top-up!

Gateside...not sure triggering Article 50 will have much effect on anything. Gold is looking a bit dodgy and I am intending to reduce on CEY @ about 168.5p (if it gets there).

[essentialinvestor] 11/3/2017 13:03

ABF, Primark margin compression concerns and a rating that factors in
faultless execution.


WPP looking interesting around 16.50 imv.

[gateside] 11/3/2017 11:56

As Invisage has been doing well with defensive shares. Curious why my Utilities have been weak, as has ABFSometimes there is just no logical reason.

[gateside] 11/3/2017 11:54

Wondering if Article 50 is actually triggered on Tuesday what effect that will have on Gold? Or is it priced in already?Especially as gold and silver had a poor week. Precious metals look ready to bounce up.Considering adding to CEY or POLY or maybe buying a few FRES to my portfolio.

[nasdaqpat] 11/3/2017 11:06

Invisage,

As you will know, five of your defensive stocks are doing particularly well...AZN, BATS, GSK, IMB & RB. are collectively Up an average of around 8.0% since the start of the year out of a total gain of 4.2%.

What percentage of your portfolio (investments + cash) is represented by these 5 shares?

My guess would be about 30%. My initial thought was that the rest of your portfolio would not be doing all that well. However, I have calculated (don't ask me how!) that, assuming the remaining 28 stocks are 70% of your portfolio, they have put on an average of about 2.57% which is still blitzing both Gateside and the Videan portfolio.

Care to comment?

[gateside] 11/3/2017 00:07

There is not much between the top 15 investments by size in my portfolio, so I am less overweight in resources than maybe I gave the impression.The remaining 10 holdings are smaller in size.

[gateside] 11/3/2017 00:03

I remain bullish on Oil and see Oil trading at $60 later in the year. So I see no reason to reduce BP. & RDSB

[gateside] 11/3/2017 00:00

I mean 23% of my investments

[gateside] 10/3/2017 23:59

Much less than 30%BP. RDSB RIO BLT Make up 23% of my portfolio

[nasdaqpat] 10/3/2017 23:52

Quite a bit worse than I thought, Gateside.

Bottom line, IMO, is that your very overweight position in Resources is hurting your portfolio...Miners this week and mainly Oil since the start of the year with BP. down (7.6%), RDSB down (6.1%) & BLT down (4.7%) albeit RIO is still Up 0.6%.

I suspect those 4 stocks make up about 30% of your investments or c22.5% of your portfolio. They had a phenomenal last year but maybe a move towards half your current stake (or, ideally, even lower) is more appropriate for the current year.

As a comparison, and assuming Trackers hold about 15% in Resources, we have only about 10% of our investments in Resources or 6% for the portfolio as a whole.

[gateside] 10/3/2017 22:25

Loads of shares have gone ex div but not been paid yet.

[gateside] 10/3/2017 22:23

Another dire week for me.+0.37%Hammered by BP. & RDSB - even my biggest defensive share SSE is down on the year.Apart from Oil don't really understand my continual underperformance this year.

[gateside] 10/3/2017 17:16

Portfolio all over the place today. Update later tonight.

[nasdaqpat] 10/3/2017 16:59

Our investments slightly underperformed today with a 0.26% gain as opposed to 0.38% for FTSE100. Of our remaining 50 shares, we had 24 Up, 20 Down & 6 Unchanged.

For the week as a whole our investments ended up gaining 00.26% which was a significant outperformance against the FTSE100 which was Down (00.42%) (7374:7343). Overall, our assets were Up 00.14% on the week. The calendar year performance table is shown below :-

FTSE250~~~~~+05.33%~~(18077:18961 + 00.44% Dividend Yield)
Invisage~~~~+04.20%~~(Still performing strongly despite DOM hiccup)
FTSE AS~~~~~+03.78%~~(3873:3997 + 00.58% Dividend Yield)
FTSE100~~~~~+03.42%~~(7143:7343 + 00.62% Dividend Yield)
Videans~~~~~+01.77%~~(Good performance on the week)
Gateside~~~~+00.37%~~(Dire performance on Mon & Thur)

Added on dip to 7264 and then reduced again today. Overall, stock level nudged up to 56.7% from 54.3% at end of last week. Once again, it looks as if FTSE100 may put in a fourth principal wave and move past 7395 next week.

[nasdaqpat] 10/3/2017 12:05

Cashed SWDA so back to 50 companies with stock level down to 58.5%...later also reduced on VUKE so back to 56.7%.

[nasdaqpat] 10/3/2017 08:22

Okey Dokey!

[invisage] 10/3/2017 08:14

I bought back into sge today which I sold at 726 several months ago.