Jup Ord. Share Discussion Threads

[gary1966] 28/1/2025 06:25

orinocor,

Yes they invest the money in qualifying money market funds.

Star,

Yes it is taking some adjusting to not having live prices but limit orders are a work around. I have bought SUPR and IPF via them and had the same experience that it went through instantly and the price was inline or slightly better than what X-o.co.uk were offering at the time.

[orinocor] 27/1/2025 23:06

Trading 212 may pay 4.9% interest on cash balances but if I recall correctly they are actually investing it in ultra short bond etfs like CSH2 or similar.

[starpukka] 27/1/2025 22:55

Hi Gary. I have both a newish cash ISA and stocks ISA with Trading 212. Both currently pay 4.90% on cash balances; down from 5.1.

I am struggling with the lack of live pricing on the stocks isa. I put in a sell order today. No idea what price I'd get. The screen appeared saying they will sell when: there is sufficient stock in the market-or some such waffle-but the sale went through instantaneously. Having had live buy and sell quotes for an eternity, its not sitting right with me.

But it's been a good Monday. I've recently been adding to my Good Energy position; and the t/o was confirmed today at a reasonably decent premium.

On a different note, I am long NVDA tonight on a SB, after the fall. But it is scaring me; not sure my heart is cut out for US volatility.

[gary1966] 23/1/2025 08:04

No they’re two different platforms Sky.

What attracted me to them is that their ISA’s are flexible, FX charge is 0.15% and zero for corporate actions/dividends, zero commission on trades and 4.90%pa interest paid daily on cash balances. Disadvantage is no live pricing. But all the positives are negated if I can’t get buy orders filled. I have done a number of partial transfers from my other provider and they have gone smoothly and quickly. However the jury is out on whether I stay with them as I am feeling very bitter about the GGP fiasco and I am really struggling to get them to add TORO.L and VTA.L to the platform. I just keep getting told they have been added to the list for their risk department to evaluate. Over two weeks later nothing has happened.

Now that I have had assurances from IG that our accounts should never have been suspended last year because we were in India, I can see us returning to them if we can agree compensation levels.

Hope that helps.

[skyship] 23/1/2025 07:31

Gary - are Trading 212 & Avatrade the same thing?

[skyship] 22/1/2025 20:41

Bloody annoying when that happens. They'll claim couldn't deal in size - but why didn't they deal in part?

[spittingbarrel] 17/1/2025 17:59

Garry - one of my biggest positions is IPF3, I bought them at par, even at today's offer they still yield 7.75% which is still cheap unless you think they're going bust.

And a confession, I bought back ITH at 142 today so they can collapse now :)

[gary1966] 17/1/2025 15:02

Sold LGEN, PHNX, MNG and SUPR this afternoon to raise cash levels as I just don't trust the FTSE having gone up 345pts from the lows on Tuesday. Indicators starting to look toppy. Trump in on Monday when I guess we will find out if he was all bluster or if he is going down the heavy tariff route. Gap on the DOW at 42544. So by all means go and buy those four as they will soar 20% now.😂

To prove that I do buy shares as well I topped up my holding in IPF earlier in the week so if you hold you better sell now.😂 On a serious note it does look undervalued. Business going very well on all metrics. Dividend growing strongly and already a good payer.

[gary1966] 16/1/2025 10:48

Sadly it just wants to go higher and higher into more overbought territory.😤

[spittingbarrel] 16/1/2025 10:36

I sold my ITH at 132, the 14 day RSI is way over 80 now.

[gary1966] 15/1/2025 17:48

Well my tip for the year Ithaca Energy is now up 25% YTD. I couldn't have got my trading decision more wrong with ITH and SQZ which in total is currently costing me £5.4k in lost profits. I hope others are fairing better with their trading decisions. I think buy, hold and reinvest any spare dividends is probably the way to go for me going forward as what worked for me in the past just doesn't seem to be working for me anymore.

GLA

[spittingbarrel] 06/1/2025 19:21

star - I did go trekking but not to Everest, I caught the bus to Pokhara from Kathmandu and then trekked up to Annapurna base camp. I also spent quite a bit of time travelling India on the cheap.

Gary - Well oil is coming back so you might get lucky with ITH and SQZ tomorrow. It would have probably been wise to get out of ITH today, hey ho you can't get them all right.

[starpukka] 06/1/2025 17:55

spitting

Ah, Kathmandu. Were you trekking near Everest on that trip ? I did a charity trek in the area, 25 years ago. Flying into Lukla is an interesting experience !

[gary1966] 06/1/2025 16:03

ITH & SQZ have got to retrace a lot now for me to even reach break even on the sale. I did say the technicals wouldn't behave the way they have in the past because I sold. Well done on ITH spittingbarrel, explains why you travel first class and stay in luxury hotels whilst I am still at the budget travel stage. 😂🤣

[spittingbarrel] 06/1/2025 07:18

Garry - I did all my cheap travelling in my youth, I even met my wife of 40 years in some dodgy joint in the back streets of Kathmandu!

[gary1966] 05/1/2025 17:55

Have done very little on the African continent. Morocco and Egypt only and so lots left to explore.

[starpukka] 05/1/2025 13:55

Gary, have you visited the Gambia ? I've been a few times. There is corruption and some hassle from the local bumsters. But, there is still something about the place that draws you back. Direct flights in season from the uk too.

wllm, ha ha...robbed ? We probably will be. My local chippie is run by Albanians. They have two beautiful daughters serving who persuaded me. But don't tell my partner !

[gary1966] 04/1/2025 13:41

star,

Asia for starters and I suspect a lot of the African countries.

[starpukka] 04/1/2025 13:20

Gary, where do you consider to be challenging ?

[starpukka] 04/1/2025 13:12

spittingbarrel,

I see we are similar. I have secured two luxury tickets with Ryanair to Albania in March @ £30 return each. And 4 nights hotel accomod @ £40 per night (en suite no less)!

[gary1966] 04/1/2025 11:11

spittingbarrel,

You either have a lot more money than myself or travel for much shorter periods!!😂🤣

Good luck with ITH, I will be back in even if I end up having to pay more and end up with less shares but I just want to see all the indicators cool off on them, SQZ and Brent. 2 day RSI at pretty much 100 and 14 day RSI around or over 70. History shows repeatedly that they sell off from these levels. As I said I thought it was one of those set ups that looks blindingly obvious in retrospect when it all pans out. However the fact that I have acted on it this time probably means it won't pan out.🤣㈳4;

[gary1966] 03/1/2025 14:43

No we go budget star. Bed, shower, WiFi and nice hosts is all we need. Cheapest modes of transport etc. Strive to have as authentic an experience as we can.