Avesco Share Discussion Threads

[mike740] 24/8/2015 20:28

Means nothing in a raving bear market.........

"FYI - The company has already stated that results for the year will be ahead of expectations. The interim dividend was increased by a third and it's likely the final dividend will be hiked as well. I believe there is also the possibility of a special dividend. The forward P/E ratio is undemanding and the company boasts £1.80 in quality tangible assets.".........ends

MM May I suggest you get a little more experience like i have (32 years) and youl soon learn your wishfull thinking means nothing when the pack comes shuttering down.

[michaelmouse] 24/8/2015 18:14

mike740 - Can I politely request that you take your puerile ramblings onto another thread. Unless you have something to post about Avesco then perhaps a more general BB would be more appropriate for your comments.

FYI - The company has already stated that results for the year will be ahead of expectations. The interim dividend was increased by a third and it's likely the final dividend will be hiked as well. I believe there is also the possibility of a special dividend. The forward P/E ratio is undemanding and the company boasts £1.80 in quality tangible assets.

Next year should be even better with a significant boost from the Rugby World Cup, European Football Championships and Olympic Games. Correct me if I'm wrong, but whatever happens to Chinese growth it's unlikely that they'll be cancelling the three major events listed above. Of course WWIII might break out, but then most people might have more to worry about than the current values of their shares.

FWIW I notice that the gloomsters are happily popping up all over the place with their doomsday scenarios for global stock markets e.g. this will be 20 times worse than 2008 etc. Over the years I have found this to be an excellent sign that a Bull Market is set to continue for the foreseeable future.

In truth I have no more idea than anybody else what direction the markets will take. However, Bull Markets normally end when everybody is euphoric and stock prices have gone through the stratosphere. Personally, I don't remember any euphoria?

There may also be a sudden realisation by investors that apart from dividend paying and growth stocks where else are you going to get a decent return on your money.

I'll stick my neck out and say that the current volatility in the markets is a healthy correction, but I believe history may show this to be the longest Bull Market in living memory and will continue for two or three years yet!!

Of course, in reality I have no more idea than anybody else, but let's see what happens in the forthcoming weeks and months ahead.

Michael.

[mike740] 24/8/2015 17:12

he he he paddy, you can call me all the names you want -unt, -wat, -illock, but please please NO not mr bluesky, hes an ex copper the lowest of the low even you are a shade higher than him.

Another down day coming and a big one, quite a few will recover a few bob tomorrow but by the end of the week, i dont think so.

[shauney2] 24/8/2015 16:56

Poo happens sometimes.

Just realised i'm paddy lol

That little dig got you then did it?

For those who don't realise who mike740 is.He is probably the number 1 troll on ADVFN.
Multiple usernames who all tend to stalk anyone on ADVFN who appears to be successful.

He is Mr Bluesky in this months stockchallenge.Start at the bottom;-)

hxxp://www.stockchallenge.co.uk/

[mike740] 24/8/2015 10:14

IG Figures.......

Trading activity
Last hourNo trades
Today100% Sells
This week100% Sells
This month58% Buys

[mike740] 24/8/2015 10:01

My personal broker. F/Horton. Now Redmayne-Bentley.

[2breakout] 24/8/2015 09:56

mike who are you shorting these with?

[battlebus2] 24/8/2015 09:51

I'd be very weary if i was short as we are only days away from good news.

[2breakout] 24/8/2015 09:51

mike who are you shorting these with?

[mike740] 24/8/2015 09:50

Taking some profits!!!!!!!!, traders are going short.

[battlebus2] 24/8/2015 09:46

Nothing wrong with those taking some profits cfro but for me the term investment means just that with AVS so holding for the forseeable future with every confidence we will be trading at £3 plus in time.

[2breakout] 24/8/2015 09:45

could only buy 1000 and had to put an order in to get that.

[mike740] 24/8/2015 09:42

Hard Luck PADDY.

[mike740] 24/8/2015 09:42

TANKING.....

[cfro] 24/8/2015 09:38

Well there is more than one or two buyers around at these levels bb2.

But todays move is no consolation for me whom has bought much higher up. :-(

[battlebus2] 24/8/2015 09:33

Are we oversold ?? I think so...

[2breakout] 21/8/2015 17:06

trouble is that Mike740 says nothing informative about a stock or why he thinks it should be cheaper, just puts things like TIMBER on about 10 different threads. If he said what the bear case was it might help other investors. So why do you believe AVS is overvalued mike740?

[shauney2] 21/8/2015 16:56

Thats what happens mick740 when you have so many usernames.
You need to get a spreadsheet and bar chart system.

As was said earlier the next update should tell us if these are as cheap as i think they are.
Not so long since the other directors were eagerly buying the Chairmans shares.

[michaelmouse] 21/8/2015 16:50

Apology accepted mike740. Let's move on. All informative contributions and debate are welcome.

Michael.

[felix99] 21/8/2015 16:42

did you mean Mickey or Minney mike 740 lol

[mike740] 21/8/2015 15:06

My sincere apologies MM I have got the wrong mouse.

Sorry about that was getting a bit pd off with the chap who i thought you were.

Sorry again and sorry to the thread.

[spob] 21/8/2015 14:57

Just use the filter