Byotrol Share Discussion Threads

[sikhthetech] 27/8/2020 11:42

1gw

The results are due in ONLY 2 weeks. Why sell before the results when you posted this ONLY last week, AFTER the Midas tip?

Don't you believe your own conviction or was is BS?


1gw - 17 Aug 2020 - 17:45:11 - 6674 of 6768
Heck of a day. Good old Midas/Mail on Sunday!

<...>

Doesn't really matter I suppose, just so long as business results and sentiment stay strong - and I would have thought the company is well-placed now to manage positive news flow through the next few months, with results, TUs, news on byotrol24 getting going in the US (if not South America) and hopefully further licence deals.

[1gw] 27/8/2020 11:34

It's a target cap, sikhthetech, not a hard and fast rule. I'm happy to go over the cap for periods of time (and usually have 2 or 3 shares over the cap at any one time) but longer term I aim to bring weights back into line. But also, it's basic maths: if I sell some the weight goes down; if the price falls the weight goes down; if other shares in the portfolio rise the weight goes down.

And psychology plays a part as well. If I have been at say 30% portfolio weight in the past on a share and have sold some then I find it easier to justify to myself buying back up to that level if the price falls and/or I think the newsflow significantly improves the risk.

[sikhthetech] 27/8/2020 11:22

1gw

Your portfolio weight argument is just more BS from you..

You were clearly over your 10% preferred weighting when the share price went to 6p...


Yet in your reply to graham you state:

"But I added to my position materially between April and early August"


Didn't your portfolio weighting matter to you when you were materially adding?

lol

You also state that you stopped posting here because of me... which again is BS from you... you and your mates pumping this over the past few weeks is clear evidence of that.

[1gw] 27/8/2020 11:21

But the good news is I now have plenty of ammunition to buy back if I feel the price fall has been overdone relative to the newsflow, notwithstanding the portfolio weight counter-argument. As indeed I did between April and early August when I bought back all that I had previously sold and more.

[1gw] 27/8/2020 11:18

I sold some because of the portfolio weight argument, sikhthetech, which I've tried to explain to you before but you either can't, or choose not to, understand it.

[1gw] 27/8/2020 11:00

Not at all grahamwales. Fair disclosure given in the post below following the Midas tip. I've stopped giving blow-by-blow disclosure of buying/selling activity here since sikhthetech's reaction to those disclosures was not helping the discussion.

But I added to my position materially between April and early August, buying back shares I had sold earlier and buying more, taking my holding to the highest it had been in terms of number of shares held. With the post-Midas tip rise the byotrol holding at one point got to around 50% of my portfolio in value terms, compared to a notional target cap I have of 10% for any one share. While I hope it rises further over the coming months as the company and broker disclose results, forecasts and further deals, I felt it was sensible to take some profit following the tip and the big price rise.

Byotrol remains by far my largest holding, still over 40% of my portfolio, from which you might deduce that I am still confident in its future (otherwise I would have reduced faster) but I may still be looking to reduce further (given how far over my target max weight it is), especially into further strength.

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1gw 17 Aug '20 - 17:45 - 6674 of 6767 Edit0 2 0

Heck of a day. Good old Midas/Mail on Sunday!

I'll admit to being surprised to see such a strong and sustained rise on the back of a newspaper tip, when compared with the rise on the back of the 3rd August TU.
...

[grahamwales] 27/8/2020 10:37

1gw selling while ramping tut tut. Guess you sucked in some posters here then lol

[1gw] 27/8/2020 10:16

Looks like profit-taking outweighing new money at the moment. Can't complain, I've been taking some myself.

[football] 27/8/2020 08:16

one more taking Long spread bet

[fizzypop] 26/8/2020 11:06

Couple of big sells, 72K and 75Kshares, have rattled the share price this morning but latter now seems stable at 9.15-9.20p and consolidating in that range. But DYOR.

[grahamwales] 26/8/2020 09:05

Trev

Truth hurts lol

[grahamwales] 26/8/2020 09:05

Football

TLY don’t have any care homes pmsl.

[tradertrev] 26/8/2020 08:28

grahamwales filtered - a few less minutes of my life wasted

[grahamwales] 26/8/2020 08:09

Guess this isn’t BYOT. Oh dear seems they are missing out again. Wonder when this will crash.

[best1467] 26/8/2020 07:49

Just listened to MD Of 50 Academy’s he commented they have purchased 1500 sanitizer stands and to keep them serviced it’s estimated cost per year of £1 million and it’s none alcohol

[thomasearnshaw] 26/8/2020 07:10

Why the move up this week

[grahamwales] 25/8/2020 22:32

£42 million m cap laughable lol. Punching well above flash in the pan just wait for the collapse it will be quite big imo. Soap and water just as good and a lot cheaper.

[lancasterbomber] 25/8/2020 16:21

Just filter the idiots

[football] 25/8/2020 08:32

fizzypop how many goes before it gets past that 10p wall?


now lets hope it stays



LOL STT as spent 20 more coins today hiding this thread

[rivaldo] 25/8/2020 08:32

Great to see buyers paying 10p and over this morning.....