Jpm Bb Usa Eq Discussion Threads

[cfro] 21/7/2023 13:37

Me too.

your example of SUR is a good one. Buying at 88p with an exit price of 125p is great but buying at 30p is considerably better...

Everybody sells on a profit warning but as long as the company is a good one and you are patient then you should be doing the opposite and buy.

Buy cheap, sell dear but so many do it the other way round because they only want to be seen holding stocks that go up.

[igoe104] 21/7/2023 12:31

ANP is another i want add with as well.

[battlebus2] 21/7/2023 11:22

Exactly, I’ve done it over and over.

[igoe104] 21/7/2023 10:40

I'm hoping to do the same with TGP, they have fallen from 88p to 10.7p, because they needed funds for growth, so ill be looking to add during this year.

They should recover as the are in the right sector, they provide cable protection for wind farms, and wind farms are only going to increase...

Most investors will sell up if they have a disaster, im willing to be patient and add at lower levels, if I believe the company can turn it around..

You can turn a bad situation into a good one if your patient and willing to wait several years..

[battlebus2] 21/7/2023 10:16

That’s what I call perfect averaging down.

[igoe104] 21/7/2023 09:53

I average down with SUR i originally purchased SUR shares at 88p, they had a profit warning and dropped to 23p, i then purchased some more at 30p when I felt the tide was turning then added again at 62p. They have just been taken over for £1:25.

[battlebus2] 21/7/2023 09:42

Thanks guys, I’m hope I’m right but they’re winning contracts so 🤞

[cfro] 21/7/2023 09:21

The UK’s largest asset manager has been buying bonds and selling equities in preparation for a “significant” economic downturn, warning that the Bank of England will be forced to tip the economy into a recession despite signs of cooling inflation.

Sonja Laud, chief investment officer at Legal & General Investment Management, which manages £1.3tn of assets, said this week’s slowdown in inflation is not a sign that the UK will be able to dodge a recession, while the labour market remains tight and the impact of higher borrowing costs has yet to feed through.


Oh Laud-y what are you doing when your boss Sir Nigel Wilson was only publicly saying just the other day that the UK markets were chronically under-valued and ignored by UK fund managers. He was one that met with Hunt and is arguing for more support from fund managers for UK companies which are in need of finance and long term investment.

Is now really the time to be selling UK equities even if we do get a recession? I dont think so..

[cfro] 21/7/2023 09:07

Nothing wrong with averaging down providing you do it in (at least what you perceive to be) good companies.

I average down all the time and it's been a very profitable strategy for me over many years. Shame that it's demonised as an investment strategy in the investor community.

Mark Atkinson talks about it in his latest podcast. Warren Buffet has made a fortune buying good companies when they have fallen in price...

[lauders] 21/7/2023 01:34

Hope your averaging down on GTC pays off BB2. The chart looks terrible over the last year and a bit. From November 2021 it had been generally heading south. Hopefully your timing is correct and it will get back to the 37p area of November 21.

[battlebus2] 20/7/2023 19:17

I’ve been adding to GTC again. Like a lot of stocks these have fallen back a lot and for several reasons not only due to weak markets. It’s averaging down of sorts as I’ve bought a lot quite a bit higher. Nothing has changed with the core business other than it seems in better shape than ever with contracts rolling in. All in my humble opinion DYOR etc

[cfro] 20/7/2023 11:40

I bet all these traders that claim to be in high levels of cash are all of a sudden back in the market again given the strong rally the last two days Lol...

[igoe104] 20/7/2023 09:59

Funds like Ruffer have caused the UK markets to be over sold. They are selling out of shares and buying American bonds...

[battlebus2] 20/7/2023 07:48

CAU good interims

[bigbigdave] 20/7/2023 07:23

PMP warn, slightly out of the blue. No position.

[igoe104] 20/7/2023 07:22

Excellent update from FNX...ahead of expectations...

I think this company will become the next CER..

Mobile payments is a massive global growth area..

[battlebus2] 19/7/2023 10:33

Good podcast from Richard at GTC, I’ve added

[igoe104] 19/7/2023 10:05

Alot of these undervalued reits, are up 5 or 6 percentage today. Hopefully this will be the start of a long recovery...

[cfro] 19/7/2023 09:59

I wondered if Mark Atkinson would make his next podcast on Strix as he went to the AGM on the Isle of Man a few weeks back.

NWF announced another acquisition. They are busy buying up all the little family owned oil distribution companies.

[battlebus2] 19/7/2023 09:32

Fair updates from PEB and FIF.

[igoe104] 19/7/2023 07:52

Latest Desert Island podcast, strix group..

[nerja] 19/7/2023 07:47

Factory gate prices of goods produced by UK manufacturers eased sharply to 0.1% year-on-year in June 2023 from a downwardly revised 2.7% in May and coming less than market forecasts of 0.5%. It marked the lowest annual rate since December 2020, weighed by the further decrease in prices of petroleum products (-40.3% vs -31.5% in May) and chemical & pharmaceutical products (-4.6% vs -2.6%). Moreover, producer inflation lowered for most of the other product groups, particularly food products (8.7% vs 11.5%) and metals, machinery & equipment (1.9% vs 4%). On a monthly basis, output producer prices fell 0.3%, in line with market expectations and following an upwardly revised 0.6% drop in the previous month.

[igoe104] 19/7/2023 07:46

O.25 rate rise next month then,instead of 0.5.

I think this could the bottom of the market now...

[eeza] 19/7/2023 07:38

Core only down 0.1%, tho.

[igoe104] 19/7/2023 07:36

Uk inflation falls to 7.9% bigger than expected..