Petards Share Discussion Threads

[bones] 03/2/2017 08:51

Would be a good time for PEG to throw in another contract win!

[blackbear] 03/2/2017 08:40

Here we go folks onwards and upwards.

[bones] 03/2/2017 00:28

Likewise HUR was my star this year. I had a big % in it for over 2 years and added hugely at 12p on the kerogen financing in April. Probably the biggest buy signal in history! Sold most of it in parts on the way up from 25p to 50p. I may yet buy some again if it breaks out strongly on the Halifax drill result.Now doing really well holding G4M, TRIN, RBG, VCP, IAE, SOM, LPA with smaller interests in SFR, FDP, GCL.

[rhomboid] 02/2/2017 22:19

I think SFR is a great biz, but my largest holding is HUR , special situation, , 2nd is CAPD as my picks n shovels play on mining. I'm cynical - so I'm not buying any pure story stocks any time soon 🙄

[greenroom78] 02/2/2017 22:11

Thanks, my failure was of my own doing. I got lazy (or distracted by the day job) and thought I could still win at the markets without a clear and concise plan. I bought stories (and not very good ones) and chased the AIM cesspit. I have done well before so I will try my best to repeat that.

SFR is (just) my largest holding and about 14% of my PF. GMS is a similar size to PEG. Best of luck to you too.

[rhomboid] 02/2/2017 21:56

Bones , I hear what you say re diworsification but I need to have reasonable NMS/liquidity to make me go large into a stock.

Greenroom fwiw I also hold GMS @ 3% and SFR 6% of portfolio , THAL I'd buy if D Soukup wasn't inclined to treat it as a personal investment fund, the others haven't crossed my radar. Good luck with building yourself back up 🙂

[greenroom78] 02/2/2017 21:46

I'm about 8% in PEG but I've not got the biggest pot in the world after a couple of poor years of buying sh!te and chasing rainbows. A complete overhaul of my methods in December has got me focusing back where I was in 2011-14 when I did ok, I have also added use of charts to limit what I buy and to help me exit when positions roll over.

I currently have 12 shares, although 2 are suspended and 3 others are some of the sh!te I have leftover from last year but am yet to clear. I tend to ignore those and my main focus is on the 7 newer stocks which make up 75% of my PF. The 7 are AMYT, GMS, MTFB, PEG, SFR, SPRP & THAL. MRS is also a reasonable sized holding but that is one of the suspended positions.

I would've gone for 10% of my PF for PEG but free funds only allowed the purchase of 8%

[bones] 02/2/2017 20:30

Rhomboid - 15% of portfolio which is higher than I would normally tolerate!PEG has performed very well for me so I have added on momentum and I believe the potential is there for it to rerate on a strong final report in March.I do like around 8 to 10 stocks at most because I want my best shares working for me, not some laggards ranking 11th or worse. I might as well buy a fund if I am spreading risk that thin. I am seeking aggressive growth and will not hesitate to replace a laggard with something new that comes onto my radar.

[rhomboid] 02/2/2017 18:13

Out of interest what % of portfolio are you into here? I'm at 3% and kind of happy to stick ...but adding at current levels seems kinda seductive.

[bones] 02/2/2017 17:03

Cannot argue with that GR78. I use charts myself as an observational tool more than anything but my general policy is to enter a position on a breakout (ideally backed up by a positive RNS event that improves the current outlook), set a mental stop loss, then if the price advances, buy on dips at each advancing move up to a level. Hence I have a lot of PEG from 18p to 28p. I have top sliced a couple of times on big moves (29p and 31p) but bought back lower down when the opportunity arose (last one at 26.4p). I have my fill now and won't add (even now at 24p). I still have a risk tolerance on the portfolio :)

[greenroom78] 02/2/2017 12:47

I disagree, I like candles, SMAs, gaps and RSI to help plot entries and stop positions even on small caps. I do agree small caps can overshoot but even FT100 charts are only an opinion and more often than not (with charting) you scrub out and form a new opinion.

At the end of the day it is about making your winners bigger than your losers and for me I think it helps to define the size of my risk before I enter a position.

[bones] 02/2/2017 10:49

GR78, I like to follow TA sometimes, but on illiquid stocks, it has less value IMO.

[greenroom78] 02/2/2017 10:38

I was a bit slow off the mark on that drop so missed those cheap ones. Agree, looks very oversold here. Technically it is the first dip below the 50SMA in ages and close to touching the 100 (which also coincides with a gap at 22p).

[qs99] 02/2/2017 10:31

yup top up time, see no reason IMO for the fall, small volume and marked down heavily...let's see
DYOR and GLA

[smartmoney100] 02/2/2017 09:56

Made my first purchase here. Looks very interesting for the next couple years.

[bones] 02/2/2017 09:43

MM's are lapping this up. There has been no major selling but they move the quote on each 10k sale of purchase. Easy money for them! There was a dumper yesterday of 96k of shares but I imagine a lot of the ones who have converted from 8p have sold on any sell off in panic (maybe?).

I hold all of mine still.

[rivaldo] 02/2/2017 09:37

Looks like an opportunity to me, and a big overreaction from the MMs. I just topped up online in a small way with 10k at 24p, and I could have sold at least 60k at around 23.4p and a big premium to the bid, so the demand is still there.

[blackbear] 02/2/2017 09:34

I got lucky selling at 32p but I'm back in now at 23.9 watch it reverse :>)

[bones] 31/1/2017 09:01

Picked up a few more at 26.4p.

[rhomboid] 31/1/2017 06:45

I'm also holding rather a lot, I'm ok with letting them sit in my long term hold portfolio as the business is only just beginning to exploit its attractive end markets. Tiltonboy spent years dribbling his stock into the market iirc which gives you some idea how low liquidity is.

[crazycoops] 31/1/2017 04:05

Very difficult to trade this if you hold in size, as I do. This is one of those illiquid small caps that you have to be a) sure of and b) prepared to be patient with and also accept that if they deliver bad news it will be difficult to get out. For that reason, I regard PEG as a 1-3 year hold with some risk along the way until they deliver the growth that I hope/believe they will come our way.

[qs99] 30/1/2017 16:30

Indeed. Patience required or get out and try and trade it I suppose. Given level of contracts awarded since last update, I'm going to hold on for March when results are out....may top up if keep on heading lower before then....GLA and DYOR

[chesty1] 30/1/2017 16:18

20% down here.....sad face!