B&m European Value Retail Share Discussion Threads

[scobak] 06/7/2023 20:10

You're welcome.

[arja] 06/7/2023 11:51

thanks for comment on FERG and one to watch for sure .

[arja] 06/7/2023 11:49

you are welcome sport and a pity UK is not like OZ where NO stamp duty paid on any stock since about 1997 and of course means many more day trade opportunities for making money. I am hoping to return to oz before end of year . Let me know if you find any more and I will do likewise .

[scobak] 05/7/2023 19:33

Many thanks Arja. Been after such a list for ages.

[scobak] 05/7/2023 19:31

But it has done my wealth a power of good over the years. Its risen about 25% in the last 12 months or so and when it gets onto one of the American indices it should rocket from a UK to a USA rating. (shh.. don't tell anyone though.)

[arja] 05/7/2023 15:11

I note that FERG moves slowly but in predictable way looking at intra day chart scobak and might be good day trade when oversold in day - a pity it is such a high priced stock over £123.

[arja] 05/7/2023 07:42

JET2.L JET2 PLC 1220 1284 0 1283
GLEN.L GLENCORE 455 475 0 459.9
S32.L SOUTH32 202.5 244 0 203
RHIM.L RHI MAGNESITA 2662 2664 0 2664
PLUS.L PLUS500 1468 1471 0 1471
POLY.L POLYMETAL INT 187 195 0 195
GENL.L GENEL ENERGY 99.9 106.8 0 101.2
TGA.L THUNGELA RES 590.6 700 0 590.8
CS.D.EURUSD.MINI.IP EUR/USD Mini 01-Dec-2029 1.08771 1.08777 -0.02 1.08791 1.08914 1.08675
CS.D.GBPUSD.MINI.IP GBP/USD Mini 01-Dec-2029 1.27023 1.27038 -0.08 1.27137 1.2722 1.26965
CS.D.GBPAUD.MINI.IP GBP/AUD Mini 01-Dec-2029 1.90269 1.90291 0.16 1.89979 1.90299 1.89698
MIDD.L ISHR FTSE 250 1730 1737.4 0 1736.8
ISF.L ISH COREFTSE100 650 846 0 733.2
GLRE.L SPDR GLOBAL RE 31.95 32.03 0 31.995
VOF.L VINACAP VIET OP 425 500 0 432
VEIL.L VIETNAM ENT 582 730 0 582
MINV.L ISHR WRLD MV 4516 4520 0 4516
JET.L JUST EAT TAKEAW 1280 1283 0 1280
IX.D.STXE.IFM.IP EU Stocks 50 Cash (€2) 01-Dec-2029 4373.13 4374.63 -0.39 4390.88 4391.63 4372.13
RSG.L RESOLUTE MINING 21.2 22.4 0 21.8
WIZZ.L WIZZ AIR 2859 3090 0 2860
ASC.L ASOS 364.7 488 0 368.5
TUI.L TUI AG 495 647 0 603.5
IAG.L INTL CONSOL AIR 154.95 165 0 163.65
MOON.L MOONPIG GR 159.3 180 0 159.4
EMG.L MAN GROUP 215 300 0 220.3
BME.L B&M EUROPEAN 350 600 0 543
GBS.L GOLD BUL 178 222 0 178.22
GBSP.L WT PHY GOLD H 1013.75 1014.75 0 1014.25
CEY.L CENTAMIN 92.7 96.6 0 92.7
888.L 888 HLDGS 97.2 125 0 107
VMID.L VANGUARDFTSE250 26.18 28.57 0 28.57
IGC.L INDIA CAP 140.5 141 0 141
CHRY.L CHRYSALIS INVES 70.3 70.5 0 70.4
FERG.L FERGUSON 10450 12310 0 12305

[arja] 05/7/2023 07:41

thx scobak- I have added FERG to my list . I will now try to copy and paste the list and sorry it includes a few currencies in it as it is my IG watchlist .

[scobak] 03/7/2023 17:22

Yes please. I would be pleased if you could post.
Ferguson is another without stamp duty.

[arja] 03/7/2023 08:57

have added hellenic and coca cola to my list Scobak- thanks for that . I knew about GLEN and S32 and in fact have just closed out a day trade on S32 with modest profit from 199.5 ( RSP trade) to 202.5 auto trade( probably can go a bit higher today! ) and GLEN is quite often a good day trade.
I do have a list of the NO SD stocks I have discovered by chance and can send it if you wish. It is really pathetic that there is not a complete list IG , my broker , have no idea where to find one ! .

[scobak] 30/6/2023 16:39

I'll add a few more.
Coka cola hellenic, Glencore, South32, I believe Thungela is also.

I have never been able to find a list in any internet search. I also would like to see a more complete list.

Could anyone help Arja and myself?

[arja] 30/6/2023 07:32

yes, would usully be a waste of time and probably a loss trading AIM shares wad collector . I have not yet found a list of shares where NO SD payable and can not even get response from LSE . I do know quite a few including GLEN, TUI, 888 , etc and of course the investment trusts ISF and MIDD .

[wad collector] 29/6/2023 18:10

Didn't know it was exempt from stamp duty , guess the spread of a lot of AIM shares makes that less relevant for many of them. I see that the list is complex.

[arja] 29/6/2023 16:16

chartwise I think about 545 is a good support area although charts are less effective after results as one never knows how market will react . 500 is also a good support level

[arja] 29/6/2023 16:10

thanks for inf and comments lovewins . I like to day trade this stock as it is a NO stamp duty stock and very few of them around . Glad I sold yesterday as I always would before a share going ex div as can drop more than the dividend because some buy for the div up to XD day. I was not aware results would be announced and not smart of me :)

[lovewinshatelosses] 29/6/2023 15:44

Cannot remember now, but I had no great concerns about their debt pile back then, and nothing in the latest update has changed my position on that matter either.
But like all discretionary spend retailers, they are going to continue to feel the pressure that many of their customers will increasingly feel.
IMO they will weather the storm better than many, but just not convinced that their current profit margins will be sustainable in the coming 12-24 months, when allowing for what I believe is going to be a sticky inflationary period, with all that this entails. Let alone increase profits during this period. Hence my comment on the valuation metric at the time of print.
Anyway, time will tell and as I said, this is not a 'sell' for me in a hypothetical scenario, but IMO it is a solid 'hold'. GLA.

[arja] 29/6/2023 13:41

GregSC,
this is not a MM type stock which is mainly in AIM stocks . SO MM's have nothing to do with the steep drop . Has bounced a bit and trying to recover but US bond yields rising after US jobless figures !

Lovewins- what is BME debt/equity ratio please as ADVFN new format makes it hard to find the figure lately ??

[lovewinshatelosses] 29/6/2023 12:10

I think it comes down to valuation. Have previously held here and a fan of the company still.
I almost got back in when it was around 460p in May, but plumped for something else instead. I thought 500p was around the top end of fair value then. Given the economic climate and cost of debt servicing etc. I feel similarly today - but if I was a holder right now, I would not be too troubled either. So would probably class this as a 'hold' now, IMO. I guess the market currently agrees.
Always on my watch list though, in case it hits a price again where I think it might offer sufficient value for the macro risks involved. GLA.

[gregsc] 29/6/2023 11:12

No wonder investors are losing interest in London stocks when even BME
reporting good profits and solid trading is marked down.
Market makers have a lot to answer for.

[arja] 29/6/2023 08:43

yes, expected to drop at least 9p with being ex div but results have not impressed the market although seemed to be in line with expectations . As usual the market expected better :) .

[slogsweep] 29/6/2023 08:05

sell on news . I'm in for long haul

[steeplejack] 29/6/2023 07:17

And today's update confirms why.

[wad collector] 27/6/2023 22:15

Only 9.6p divi so a minor factor in share price rise, it has risen a pound in the last month.

[scobak] 27/6/2023 19:43

That is quite normal for a company going x div on Thursday. Nothing to worry about.