Wpp Share Discussion Threads

[nasdaqpat] 27/4/2017 12:48

Why has VUKE been a drain on your portfolio?

It started the year @ 3170p so @ 3237p currently it is 2.11% ahead + the dividend.

[nasdaqpat] 27/4/2017 12:40

Thx for that, Invisage, but what about the percentages for the ones I asked about?

[invisage] 27/4/2017 12:27

Yes very happy with BMS - That company was never going to go bust. It is a cyclical industry so you buy at the bottom and sell at the top.

You have listed some of my best shares this year Pat, although DOM / DLG has not performed.

ADM has done well too +10%

BATS up 14% plus dividends

CMCX + 13.5%

SKG + 10%

IMB + 9%

WWH + 8%

VERX +7%

VFEM + 6%

RB. + 7%

RMV + 6%



To summarize an all round good performance from a number of individual companies.

What has been a big drag on my portfolio is VUKE - I guess a lot of this is due to the stronger pound.

[nasdaqpat] 27/4/2017 11:52

Yes, you did well with LLOY, Invisage. Bought around 65/66p, I believe. You must also be pleased with the current renaissance of BMS. I get the impression that what I call your Bottom Fishers (BAG, BVIC, CARD, DLG, DOM, DTG & SCH) are also collectively doing very well. Any idea of the return on that group since the start of the year?

[nasdaqpat] 27/4/2017 11:34

I should say BON has already broken out following that TU on 19 Apr and it looks like you could do well, WINDJAMMER. However, clothes retailers don't really appeal to me, apart from BOO which we sold too early. Hopefully will be able to re-buy BOO cheaper than we sold in due course.

[w1ndjammer] 27/4/2017 11:08

looks like BON about to breakout nice divi as well No debt

WJ.

[invisage] 27/4/2017 10:15

It did with the 2.5p dividend.

[nasdaqpat] 27/4/2017 09:06

Didn't quite make the 71.05p it visited on 23 Feb though!

[invisage] 27/4/2017 08:10

Lloy doing amazing. One of my large holdings with special dividend still to come.

[nasdaqpat] 27/4/2017 07:50

Thx for the input, guys!

[demo trader] 27/4/2017 07:45

Good work/thread.

WPP sales slow in first quarter after major account losses.

opening call is up 1%, not obviously reliable.

[bigboots] 27/4/2017 07:30

Dont read great, MS quite negative on China and America, first time i have heard this in ages - tin hat time - seen 6- 8% down

[nasdaqpat] 27/4/2017 07:17

Another comprehensive Trading Update from WPP...seems to be slightly ahead of forecasts but anyone's guess how share price will react. Might be interested in re-buying on any large dip but really looking for re-entry below 1600p.

[nasdaqpat] 27/4/2017 07:04

FTSE could still be in correction mode (probably a shade of odds on). At yesterday's intraday high of 7303 it has recovered, in 4 days, 66.67% of the second PW Down (7406:7097) and could easily move into a third PW down starting today or tomorrow.

[essentialinvestor] 26/4/2017 17:28

Hi Pat, can be volatile around results.

Perhaps understandably a little downplaying of expectations
from the new CEO. Underpromise, overdeliver!.

Also the tone indicated some laying of groundwork for an additional restructuring plan,
more detail in July would expect.

Results looked very solid to me, upside scope may be underestimated. All just my take, as always.

[nasdaqpat] 26/4/2017 17:05

Just as well you reduced your holding on GSK prior to today, EI...soon make any losses back on this one even if it is in a downtrend which is still unclear.

[essentialinvestor] 26/4/2017 16:59

2% move on GSK in the end, thought it would be about 4% as mentioned.

[nasdaqpat] 26/4/2017 16:57

Our portfolio was up 00.14% today and the stock level increased to 55.6% (4.1% of that on the short side). Re-bought some GSK so we now have 22 companies in our portfolio.

[nasdaqpat] 26/4/2017 15:52

I've been a bit undisciplined and joined you EI (as well as Invisage & Gateside) @ 1569.825p as I thought results were good. Up to 22 companies and stock level now 55.6%.

[essentialinvestor] 26/4/2017 11:53

Added back another few GSK under 1582, eyes down for results now,
big move on the way imv.

[essentialinvestor] 26/4/2017 11:29

The C word tends to be overused- my definition of that would be a highly
time compressed fall of over 10%, and more reasonably 15% plus.

Bear markets follow bull markets as night follows day, just with
less precise timing ).

[nasdaqpat] 26/4/2017 11:21

Assuming DOW does reach c21533 sometime next month, what it needs to do then to avoid a repeat of the 1987 crash Bear, IMO, is to put in something like a 6 month correction of at least (18.00%) i.e. drop back to no higher than c17673.

I await developments with interest!

[invisage] 26/4/2017 11:18

Fully aware of 87 crash. Markets rebounded very quickly soon after a few months. Has'nt happened for atleast 30 years not that kind of magnitude in such a short period.More people have probably lost money guessing those events rather than the actual event itself.I do intend to sell stocks but when time is right. Part the problem at the moment is most quality businesses are very expensive!!To sell I generally need to find something better......not easy at all.That's why best to do nothing most of the time.

[nasdaqpat] 26/4/2017 11:15

Back in the day, what happened next was a 13 day correction of (10.17%) from 2428 to 2181 but it wasn't enough because the DOW then fizzed up a further 25.95% in 84 days from 2181 to 2747 culminating on 25 August 1987 for a total Phase gain of 58.51% in just 269 days.

It then dropped the (41.17%) to 1616 in just 39 days.

[nasdaqpat] 26/4/2017 11:06

Looking at the comparable period in detail, the period that sticks out initially is the rally that started on 30 Sep 1986 from 1733 to 2428 on 7 Apr 1987 - a gain of 40.10% in just 172 days.

DOW is now poised to push on beyond 21169 and, a similar tally of c40.10% would see it reach c21533 albeit over a much longer period (iro 430 days).