AZ Electro. Share Discussion Threads

[stavros28] 08/6/2012 22:04

Hopeful yes started in 1986 still got some of the old contract notes from 86/87
Many of the chart situations/patterns have repeated themselves over the years in other trades nothing like experience.

Stavros

[hopeful holder] 07/6/2012 10:14

Rob - No idea!!

My view is that the markets will run up or down quite quickly - Use tight stops I would suggest.
HH

[robertfaulkner] 07/6/2012 08:03

IG Index futures saying Ftse to start up 32 points, could we see 2 day rises on the trot.

Anyone think this sort of general Dow/Ftse rising is:

A dead cat bounce that will get punters buying and then the dealers can short some more?

A genuine feeling that value has been reached and the pension funds will be happy to start general buying?

QE3 starting?

[robertfaulkner] 06/6/2012 22:09

Thanks Guys for your thoughts. (re Lloyd's)

I just think if I can wait until Lloyd's starts paying a div the price will recover (it will either start eventually paying a div or go bankrupt)

I'm not in a hurry (well 5 to 10 years)

And remenber Barclays shares were being sold at 58p

[hopeful holder] 06/6/2012 16:06

Stav - actively trading for 26 years? I have held shares and dabbled since 1997 but not active in all that time.

HH

[hopeful holder] 06/6/2012 16:05

Rob - The long term chart for LLoyds is dire and the short term does not inspire confidence.

The naked trader would say sell your lloyds and invest in a share that is growing / has value to come out (upwardly trending.

I have done the same as you in MXP and sit nursing 50% loss, did it again with AST and lost 2/3 rds.

Its always painful to sell a losing share but the positive affect of removing a loser from the portfolio is great.

The whole of the market looks teetering so I have decided not to invest more monies for a little while though keeping hold of my current portfolio.

Cheers

HH

[stavros28] 06/6/2012 09:16

Penny stocks are a waste of time once you have paid the spread and commission.
Just like day trading a waste of time and a sure way to the poor house. Your capital needs more care and attention with a good sound investment methodology.
Value seek it out !

Stavros

Trading value for 26 years

[stavros28] 06/6/2012 09:10

Rob if you check my profile I don`t like Banks they can`t be valued at the moment and they tell lies.
One big no no its averaging down which is what you are doing with Lloyds. If you ever read any personal financial blow ups ( Victor Niederhoffer Nick Leeson ) they all make the same mistake doubling down on the hope of a turn around. Admit you mistake and move on to something else like Land Securities British Land thay have a excellent Divi and if you re invest that Divi your holding will grow and these companies are set to bounce back after the property crisis. Its a contrarian/value play and it pays !

[robertfaulkner] 05/6/2012 23:02

I keep seeing ramping posts about Fronter Mining, I put it in my watchlists and it goes up a few p and down a lot of ps Look like a no no to me.

[robertfaulkner] 05/6/2012 22:59

I'm only playing with £500 which is the AZEM dividend plus a odd £100 I had in my Selftrade a/c. (just a div re-invest)

My main worry is the £8k I just got from a personal pension I just got an annuity for, and the £8k which is the 25% of the pot I can take tax free. I have a buy for Lloyd at 20.3p (now 25.6p) that if I strikes it will double my holding from the original £20k worth I bought at 51.3p.

So in others words if my Buy strikes I have lost more than 66% of my original Lloyds investment

Am I just pouring more good money after bad????

[hopeful holder] 03/6/2012 23:01

Stav - thank you for your reply - Appreciated.
Have traded CFD's (no more) have a few live s-bets but mostly shares only now. No actual xperience of ETF's / options etc.

The Cfrank post hit (752) 100+ BB's this afternoon within 1/2 hour or so - make of that what you will.
HH

[stavros28] 03/6/2012 14:58

Love the Halifax platform so easy and it gives an average cost paid when you buy more stock or a Divi stock buy, makes the job so easy.They also have promotion days when the commission is cut.International stocks on the Share Trader Acc.

TD Waterhouse platform is a pain opens in a spreadsheet format no average cost paid and have to re-align the format of the page. Good International coverage and self managed Shares ISA. Good help line.

Don`t forget the FSA Limit on brokers is 50k .

You trade Options?

Stavros

[hopeful holder] 03/6/2012 10:40

Stav - i use III who have just introduced a £20 1/4 fee, use selftrade also but not very impressed with them.

Any views on brokers I can research on?
Thanks
HH

[stavros28] 02/6/2012 16:07

Rob
Patience pays off broker needs to be binned.

Stavros

[hopeful holder] 01/6/2012 19:51

I admire your patience Rob

[robertfaulkner] 01/6/2012 17:51

I didn't get the Azem shares (limit buy at 285p) with Selftrade, even though they show low on day of 283.5

I've had this before, where they streath the spread so I don't get shares.

Wednesday's another day

Maybe I should drop the limit by another 10p

[stavros28] 01/6/2012 11:01

Wait for NFP at 1.30 if its bad you will get your price Rob. Futures in US down now.

[robertfaulkner] 01/6/2012 09:58

What's wrong with AZEM today?

Maybe I'll get my £500 div reinvest at my set limit price of 285p????

[hopeful holder] 31/5/2012 09:22

Quick wins Stav - I do small trend trades but dont have time to research - RBS is really easy for me to trade - £1k or so a time is quick monies, which helps my losses in other areas!!

You are probably correct in costs etc, but each develops a style / methods etc that we change and adopt as we mature.
HH

[stavros28] 31/5/2012 07:27

Hope why would you want to trade a range with all the additional transaction costs involved when you could trade a trend?

[hopeful holder] 30/5/2012 21:14

stav - sometimes it is about value / growth / potential - in the case of RBS, it is about range trading using support and resistance to trade. One can also look at the pricing of the share options as directors etc but i tend to ignore that. etc etc

[stavros28] 30/5/2012 14:05

Hope how can you buy something that is impossible to value.

[hopeful holder] 30/5/2012 12:05

Sorry all - off AZEM topic.

Rob - Respect is one word - I can think of a few less complimentary ones that fit! (and thank you).

RBS is the only banking share I have looked at seriously and actively traded successfully. I buy once they hit around the 20p mark (about 100,000 shares) and set a range trade each time for a penny or so - The downside is I missed the spike up to 30 odd in the not too recent past. Once I have made the first trade successfully, I then set stop losses and range trade these (or have done).

If you review and look at the highs and lows, you can get at least 1 trade a week, although I set it at sometimes a 1/2 pence growth - Do this twice in a month and easy money. Once it hits 25 or more, I leave it alone.

I am not active in RBS as I bought a different share and do not have a large enough free cash fund available.

I like your thoughts on growth and divi.

HH

[stavros28] 30/5/2012 08:31

Yes at the taxpayers expense in some cases.

Rob one for you to look at with a good Divi.



Software called the move bang on.