Dart Share Discussion Threads

[woozle1] 04/8/2019 10:59

If you are in any doubt about the Tong, I'd refer you to his posts about VLS.L which are somewhere on this thread; which, in addition, to being very amusing, are an object lesson in bad investment.
w1

[woozle1] 04/8/2019 10:45

You'd be a fool to filter CT but very wise to filter Tongidiot. His contributions are inconsistent, illogical and peppered with references to well-known investors but don't be fooled. His is the investment equivalent of pub talk.
w1

[snorkelparker] 04/8/2019 10:12

Fair call Melody.. There are few on this board that get a pretty good idea what's going on within the company than CT.. Info always seems to stack up. Maybe a bit of bad blood between Tong and a few others.. But be good just to keep the forum focused on opinion rather than being offensive.. It doesn't make you look clever

[melody9999] 04/8/2019 09:25

Well as its Sunday morning I thought I would check Tongosti's assertion.

Castleford Tiger
26 Jun '14 - 08:54 - 1599 of 6201
Started buying again in the low 180`s.
Not been through the detail yet but my call a couple of months ago was bang on.
I got out of most .Now looks too cheap based on a new EPS target of 23 or 24p current year.
Tiger

So I suspect if CT had a smaller position bought lower down, then added in the 180s, 6X is quite feasible. Which is good because I have the greatest respect for CT and his level of knowledge of DTG.

I won't filter Tongosti because sometimes I read an interesting contribution, but he may not always be factually correct... and then you also have to ignore the personal nature of some of his mails.

[castleford tiger] 02/8/2019 20:03

Tcg doubled in a week even after CEO and co said shareholders would be almost wiped out.
Market cap for a heavily indebted co v DTG is laughable.
Bought again today at 755 for the bottom draw.
I am 100% convinced this is a sound investment when markets resume normal.
I cautioned several months ago that a blip may come.
It’s here but I am long term so remain happy with shares that collectively are up over 6 fold.
Of course we have been higher and selling at 999 and buying today at 755 would have increased my return but that’s not my game.
On way back from a great day at the cricket.
Tiger

[snorkelparker] 02/8/2019 13:30

Not saying its great.. But it is holding up OK considering..

[woozle1] 02/8/2019 10:55

Jet2 will be the last one standing!
w1

[tongosti] 02/8/2019 09:59

Let's see whether paper tiger may have any "posh gossip" to share from his ... extensive list of company contacts (aka bs)

[mcbull] 02/8/2019 08:07

hxxps://www.thesun.co.uk/travel/9635506/laterooms-super-break-malvern-group-ceased-trading/

[tongosti] 31/7/2019 21:09

You're welcome - am 100% certain you will find those services incredibly useful.

[sogoesit] 31/7/2019 07:38

Okay, thanks tongo, appreciate your feedback and will investigate further.
Yes, 32 criteria is a long list of variables... that might confuse me ;-)
but I take your point.
Best,

[tongosti] 30/7/2019 20:59

True - that's what most public companies do these days. I wonder why!However, I do find certain services like stockopedia and sharescope going a big way towards addressing the issue. I think they're both the equivalent of Bloomberg for the retail investor. They do offer some phenomenal analytical screening power and once you decide what exact fundamental info is most relevant to you, you can then have a preset screening tool that will help you source that info consistently over time. Not entirely without flaws but it works exceptionally well in my view. In stockopedia for example, I have a very long list (32 screening criteria) which help source opportunities with the same exact profile I typically look for. It is not an investing decision per se but a great first step towards providing some initial ideas to look at.

[sogoesit] 30/7/2019 19:38

Reading results these days is a nightmare.

There are so many varieties of EPS (not to mention the use of WA shares outstanding, diluted and undiluted) like adjusted, reported you name it that the published figures have lost all credibility imv.
Are the results under IFRSxyz or IFRSabc and oh, i forgot continuing and discontinued operations.

When results come out it is now impossible for an amateur PI like me to discern quickly what is going on.

Yep, I remember Milken the Junk Bond King. He wasn't liked so the establishment sent him to prison rightly or wrongly.
Has anyone gone to prison for the CDO Cubed con yet?

FFS!

[tongosti] 30/7/2019 15:40

700 seems likely as the next stop but only Mr Market knows - one day at the time ...

[sogoesit] 30/7/2019 15:13

Yep, the "yellow metal" always a good hedge.
It's easily traded as a currency too (ETFs or cash equivalent).
Usually keep at least a 5% exposure.

The bet must be that we break down to 700?

[wagnerlove] 30/7/2019 13:41

Screaming buy right now for anyone able to withstand some volatility. Trading at little over 4X EV/ forward EBIT - near cheapest since Brexit. The company will generate over its entire market cap in operating cash flow in next 3 years. Company could spend £250m each year over next 3 years on Capex and still be sat with a net cash position of almost £700m by 2022 (over 80% of current EV), after having paid out dividends and interest. All from internal cash generation, no extra debt.

If we get hard Brexit end October and this trades below 700p or even 650p I am doubling my position. There could be some big opportunities coming up for anyone who thinks the sun will still rise post-no deal.

[tongosti] 30/7/2019 11:03

Someone asked a few days back how my short is doing. Here you go: DTG just crossed the 3.25 RR thresholdThank you Mr Market.

[tongosti] 30/7/2019 10:38

Yep - it’s definitely not dull these days.

Seriously - best short against sterling has been long yellow metal. It has everything going for it (locally and globally). Long leveraged plays GDX+GDXJ - since gold broke out the cherry at 1350 - have been an absolute treat so far.

Hopefully we will not give back (via the inflation backdoor) a meaningful part of trading profits if Brexit worst fears are realised.

[sogoesit] 30/7/2019 10:15

True...
Making it an improvement over May where nothing was possible.
;-)

[tongosti] 30/7/2019 09:55

With Boris at the helm anything is possible.

[sogoesit] 30/7/2019 08:43

Not for time being; cable may go lower thus hitting, or the perception of hitting, the holiday market. Average entry to date is 820.
Am short cable since 1.25 in any case so adequately protected on that scenario.
Will cable go to parity? Possibly.

[tongosti] 30/7/2019 08:28

Fair to say no one is showing any Buffett-type of enthusiasm these days buying the stock while "it gets cheaper"