Soco Share Discussion Threads

[invisage] 12/8/2016 09:49

Go ABF GO!

[invisage] 12/8/2016 09:48

Go SGE GO!

[invisage] 12/8/2016 09:43

Go PAYS GO!

[invisage] 12/8/2016 09:43

Go ITV GO!

[invisage] 12/8/2016 09:41

Go ezj go!

[invisage] 12/8/2016 09:15

RTN up 10% now. Wow

[invisage] 12/8/2016 08:36

RTN up 9% now. GO RTN GO!

[invisage] 12/8/2016 08:12

RTN now up 7%. Go RTN GO!

[invisage] 12/8/2016 08:05

Go SPD GO!

[invisage] 12/8/2016 08:04

Go RTN GO! Up 5% those morning

[invisage] 12/8/2016 07:11

Restaurant group has a new CEO! A chap from paddy power betfair. Should be well recieved in the markets tbh. I'm expecting the recovery to continue.Fundamentally RTN is a very sound business, it just needed a new CEO to manage it. The previous CEO was clueless from listening to the conference calls hence the share rice drop.Frankie and Bennies and Chiquitos are great brands.

[invisage] 12/8/2016 00:07

FTSE100

6930 on Dec 30th 1999
6732 on Jun 15th 2007
7089 on Apr 10th 2015

Only a matter of time before FTSE100 makes new highs Imo.

[invisage] 11/8/2016 23:38

This is a bull market. Keep buying the dips Imo. This is the 2nd longest bull market in history. My common sense makes me think this bull market will end with euphoria. When Joe public wants to get into the markets like in 2000 dot com mania. I don't think that has happened yet. So my quality shares have further to go Imo. Expensive will get more expensive etc.I think the trigger could be negative rates in UK AND US to push Joe public into stocks.DYOR

[emptyend] 11/8/2016 23:02

OPEC meeting?http://www.telegraph.co.uk/business/2016/08/11/ftse-100-slides-as-uk-house-price-growth-hits-three-year-low-aft/What supply cut would it take to get the oil price back to $60?

[emptyend] 11/8/2016 22:42

I expect he remembers "Isaac" very well indeed........

[ed 123] 11/8/2016 22:38

Good and generous replies, Invisage. Thanks. Given you a green thumb up.

Agree, UK market seems on its way to new highs.

To me, owning Soco is only a bet on a rising oil price. I don't see them increasing their production materially. If folk think the oil price is going to rise there are better stocks to hold. I went to the Soco agm again this year ..... thoroughly disappointing. Came out thinking I should dump the remaining Soco shares I hold.

Do you remember "Isaac"? He used to post his alternative view on Soco. The crowd didn't like his posts. However, I thought he provided some much needed balance. Appreciate your input too.

Good luck and thanks again for sharing your thoughts. :-)

[invisage] 11/8/2016 22:18

Another thing, don't overtrade. Your investment career should be spent more BUYING stocks then selling. Don't churn the portfolio. Stamp duty, spread and broker fees add up long term!

I would be very comfortable holding ALL of the above in a market crash, because I would expect all of them to come back at one point or another. Because fundamentally the businesses are VERY GOOD. The purpose of buying low debt businesses is so they survive the full economic cycle, leverage can kill a business. Just look what has happened to GKP, TLW or PMO. The economic downturn in the Oil industry has almost killed these companies due to the debt on their balance sheets.

Your less likely to churn if you have positioned correctly in the first place, if you are overexposed then you will get nervous and more likely to sell at the first sign of trouble.

Rule of 72 says, if you grow your portfolio at 10% a year you will double it every 7.2 years, a growth rate of 20% is a double your money every 3.8 years.

My annual target is 8% compounded. I am well on my way to achieving this come year end.

I set the bar low deliberately, because I don't want to take excessive risks. Best to set low expectation and beat it rather than set the bar high and take stupid risks and over trade to hit it.

I also invest in Investment Trusts to give profiessional fund managers money to invest on my behalf who employ similar strategies to myself in other parts of the world.

My focus is on the UK market, but I want exposure to the international market. I can't do it all myself so I delegate this task to the pro's for other parts of the world.

[ed 123] 11/8/2016 21:19

Hi Invisage. Do you have a screening method to choose your stocks to buy?

Btw, don't worry about a few grumblers here. I'm a Soco holder myself and I know how that feels.

[invisage] 11/8/2016 21:08

All major US stock indices close at record highs.

The record high for Soco is about £6, the price closed today at £1.50 - go figure.

[invisage] 11/8/2016 19:19

67 stocks in FTSE 350 hitting 52 week highs today. That is bullish.

236 stocks out of 350 rose today and 107 of 350 declined today. That is bullish.

This markets going higher. You need to read what the market is saying.

The markets saying go long and stay long.

The best stocks trade at 52 weeks highs. They are the leaders. Buy the best.

IMO DYOR.

[redartbmud] 11/8/2016 19:13

Ok I will stand back and observe.
Watch this space.....

[invisage] 11/8/2016 18:58

If you look at a number of shares you will note they sit in negative most of the day and as we headed towards end of the day it rallied quite heavily into the close.

MM taking easy shares during the day and then lifting the price late in the day

[invisage] 11/8/2016 16:58

August is very bullish in election years. Look back at history chaps, this market has further legs.