Imagesound Share Discussion Threads

[taurusthebear] 16/10/2006 14:37

Actually, looked at the sector, and thinking of taking it off my watchlist. Some sectors just don't do it for me, but I'll poke around first before dumping it! I'm looking for perhaps more share price appreciation than I can envisage from here... :0)

[fund1] 16/10/2006 14:35

He would be wise to bbd as this heads towards 20p+
in the short term.

[bigbigdave] 16/10/2006 14:32

TTB
Add ISD to you portfolio, not just your watchlist!

[bigbigdave] 16/10/2006 14:31

Yep, Good Man Robow.

[taurusthebear] 16/10/2006 14:31

CR - apart from the diversification angle, do you really think it's easier, or more lucrative, to be in 45 stocks as opposed to 5? If the market takes a dive, you'd be caught like a rabbit in headlights (assuming you didn't sell early or have plenty of cash to buy lower).

Personally, I'm against holding more than about 8-10 stocks at a time, any more, to me, implies uncertainty or an addiction to trading... :0)

P.S. Adding ISD to my monitor.

[fund1] 16/10/2006 14:24

Well done robow every little helps.
:-)

[robow] 16/10/2006 14:21

thanks to me

[fund1] 16/10/2006 14:20

We have a little tick up!

[liarspoker] 15/10/2006 21:44

You guys are holding way too many stocks imo.

Give some money to me so I can add more stocks. :O)

I went 'focus' - I was down to about 5 at one stage with most of my dosh in Sola & ANGL.

Seriously though - had a near heart attack looking on these threads this evening. 200+ posts on Sola since Friday and about 20 posts here - thought they had been tipped or something.

[cambium] 15/10/2006 19:43

Good reading guys, thanks for the honesty,

My total losses were Arthur Shaw and a software company that I have forgotten at the mo.

I too have about 30 shares currently , some that I have held for a long time and some I trade on a shorter time frame.

[cockneyrebel] 15/10/2006 19:25

Spangle, I'm holding about 45 stocks. Among thos ethere are long term holds right down to short term trades like Lloyds that I bought on Friday and will probably sell tomorrow.

Of my best value long term holds I'd say ISD is one of the best together with WGB, RNWH, FSG, IAG, RNO, YSP, SCPA, SOLA, ELCO, CCT all of which look potentially very undervalued imo. Among these I would be disappointed if they didn't have 50% growth as a minimum over 12 months. Aside from the last two I would hope they all had the potential to double in 12 months.

CR

[nephin] 15/10/2006 18:24

CR

Do you remenmer a ramper called Ash Sharmer who used to post on the old iii board?

And how about that old Cruft special called Motion Media? - They were the days!

(or were they?)

[cockneyrebel] 15/10/2006 17:58

bigbigdave - I've been investing for over 20 years - in fact I started not too far before the 87' Crash. I made some big howellers there, most notably not to listen to investment advisers - who caused me to be over invested at the time.

Live Doigenes my second total loss was Homebuy recently - the first was some local outfit called Staks that had a chain of gift stores but had the rug pulled out under their feet by the bancks when a recession hit.

I guess the difference now is that all those years ago I might have blindly bought press tips whereas now I tend to ignore a press tip or just find it amusing if they tip what I hold.

CR

[diogenesj] 15/10/2006 17:10

About 16 years, bigbigdave. Yes, one of my very first investments was Polly Peck. I watched it dive day after day, as Asil Nadir kept buying more shares, thinking it must recover, but it went bust instead. Had my second total loss just the other day: Homebuy. Some people never learn!

[bigbigdave] 15/10/2006 08:43

Yep, still got the CEVA certificate!
That big capital gain is happening this year. It begins with 'S' 8-)

[spangle93] 15/10/2006 08:10

Hey, I've still got Parthus (Ceva)!! Aren't we supposed to hold shares for the long term :-[

Some tip newsletter called Quantum Leap was all for it back in those days. They also recommended EuroSales Finance, which plummetted 2/3 in one day on accounting irregularities, and a whole load of other duds too. I wonder if they're still publishing.

I'm waiting for when I have such a big capital gain one year that I can offset Parthus against it (ha ha ha ha ha)

[bigbigdave] 15/10/2006 07:25

CR and DJ. How long have you guys been doing this shares 'lark' anyway?
And did you make some howlers to begin with.
Personally started in 2000 when some geezer named Dalric covinced me to buy Minmet and Kavanagh persuaded me to buy Parthus 8-((. Pre ADVFN days and the Infoex was a bit of a mystery to the novice Investor.

Still, more than made up those losses since. Guess you learn who to trust in the online world.

bbd

[diogenesj] 14/10/2006 23:01

Yes, me too. Never had any idea how to value a share until I read them. Don't forget Jim Slater's company Slater Walker went spectacularly bust in 1972, though!

[cockneyrebel] 14/10/2006 21:45

Zulu and Beyond Zulu are great reads - best investment I ever made.

CR

[bigbigdave] 14/10/2006 21:30

Thx CR
have ordered Slaters 'Zulu'. Its about time i did my own research instead of relying on others

cheers

bbd

[cockneyrebel] 14/10/2006 20:23

'PEG' is a bit of a strict rule that gets applied quite liberally at times bigbigdave.

A true PEG should be applied to companies with 5 years consitant earnings growth really - to go by Slater's rules. Seems today tho it gets applied on the basis of the current year or the fwd year by many.

I think the fairest way is to go by the year ahead, ie growth expected compared to PE paid. The fwd PE for FSG (year ending March 08) is 6.2 divided by growth of 25%. PEG of 0.24.

All a bit subjective as forecasts can change and results can miss/beat - that's why Slater said it should be applied to companies with 5 years earnings growth as it meant their forecasts were most reliable and meeting the forecasts was likely.

Still, if you believe the forecasts for FSG (and director buying suggests they won't miss) then they look very cheap imo. Must be able to expect a fwd PE of 10 like most small, successful software companies even tho these look like having even greater than average growth going out. On that basis I can see FSG at 40p after this years results are out in March myself.

Sorry for getting off thread.

CR

[bigbigdave] 14/10/2006 11:42

Could one of you two Gents kindly tell me the peg for FSG as a comparison


thanks

dave