Venture Life Share Discussion Threads

[hydrus] 19/5/2020 12:58

ASOS and BOO dipping a bit and I'd expect that might continue as we near shops opening again. Long term holds though for me for reasons discussed before.AVON was purchased as a quality, sensible fairly boring stock and it's now doubled for me. A little surprised.

[apad] 19/5/2020 10:41

TSTL still drifting lower on total lack of interest.
Put in a limit sell order on RSW at 3950.
apad

[apad] 19/5/2020 10:26

Indeed, AVON would have been a stunning buy on the March dip 😊
Had a decent look at it when you first mentioned it, Hydrus. Terrific company - totally different from my preconception. Car tyres innit!

RSW. Good, reflective post. Red.
When I first came across additive manufacturing, as laser sintering, in the 80/90s as a research field I could only see it as being suitable for manufacturing prototypes and jewellery.
More recently I came to accept that it could be useful for small numbers production of complex shapes.
I wondered if RSW's metrology could give them an edge against very large company competition, by virtue of in-process control. I couldn't get them to comment.
Their investment in training centres to support sales led me to assume there was some validity in that judgement.
Now I am taking the view that, even if that is the case the technology is still for minor/fringe applications.
That leads me to the conclusion that RSW is simply dependent on its traditional markets for growth - it needs a booming manufacturing economy.
Or the grim reaper 😊
apad

[redartbmud] 19/5/2020 09:23

Hydrus

Avon - good call.

red

[redartbmud] 19/5/2020 09:21

My water is telling me that the yoodles will have a flat day, or more likely a pull back today.
been wrong before.
Many times.

red

[redartbmud] 19/5/2020 09:20

APAD

I know it was a while ago, when I visited, but the feel of the place was different.
There seemed to be a more subdued atmosphere in the air.
My concern has been the lack of new products. The focus seems to have been upgrades, and the sale of more measuring devices, to test and measure - instead of having 1 per process, have 3 or 4 and achieve perfection. That is all well and good, but why spend a fortune to create tolerances well in excess of the need, when the product is in use? And at what cost?
They were quiet on additive manufacturing, except that their production efficiency seemed to have advantages against the competition. again to is a value judgement of cost benefit, and whether their machines can compete on price value, in the marketplace. That I am unable to answer.
They have been using machines, in house, to produce components for ventilators. masks. Are they selling at cost, or for profit? Maybe they have been philanthropists.

The innovation centre is state of the art, biult to a specification that is better than an operating theatre or a lavish dining room in the best of the best locations. The opulence beggars belief - and the cost goes with it. More GE than a tiddling mid-cap operation in Gloucestershire. The likes of GE can afford the excesses, from their size/profit base. Rsw cannot justify it.
As thay have ex[anded into other countries, their bases have mirrored HO. No expense spared and then add a further 20% for thre hell of it.

Apple has had a downturn, and they were behind the Rsw turnover growth, when iphones were being upgraded annually, by users. China output has been subdued.

I may be wrong, and I hope that their turnover has recovered, but I am not sure that they are equipped to take the necessary steps to act quickly to rebase for more difficult times, in a changing markret place.

Generalisations I know. The only caveat is a big increase in business. I cannot see where that will come from, at the present time.

red

[hydrus] 19/5/2020 08:57

Market likes AVON results.

[apad] 19/5/2020 08:42

Watching RSW ramp-up with a view to selling more.

Still don't understand the strength.

You don't think I might be wrong?

apad

[redartbmud] 19/5/2020 08:38

Markets still showing signs of irrational volatility.

red

[apad] 19/5/2020 08:22

Hardide (HDD) still surviving. Like its technology, but it is hard to make a growing business in the sector. After all the glacially slow regulatory procedures it is now facing a contracting aero sector.
Used to own, but got bored.
apad

[thelongandtheshortandthetall] 19/5/2020 08:12

I love QTX. if anyone buys any, even tiny amounts it pushes the price up.
Small print: It works the other way of course.

[thelongandtheshortandthetall] 18/5/2020 20:32

Markets are looking beyond the next few quarters IMO.
Which is healthy to do so.

And it always hangs on the question of what else can be done with money that wants investing.

[apad] 18/5/2020 20:13

6% net on RDSB today.
Lots of red-opportunities when the All-Share goes up 4% in a day, I guess.

I'm not concerned about another dip. I do think there will be sectors that take a long time to recover and that they may well return to a lower rate of return than the market has been used to in the past.
Brexit will return to pressurise the pound.
Some of the badly affected sectors will have opportunities. CPC rose 9% today. Maybe the smaller survivors in a sector is where opportunities lie.
My concerns are whether SOS has enough balance sheet strength to survive, the future of my currency plays and the effect of the closing of the On-trade on FEVR. In that order.

apad

[hydrus] 18/5/2020 19:56

Who knows red. I guess I'm looking at where to put money and I can't anything better than owning part of high quality companies. Seems preferable than currency as governments are just creating it out of thin air.Maybe stock markets will crash and burn but I think the government support measures make that a bit less likely. Still holding a good cash balance mind you as I agree that a further outbreak is a risk.

[redartbmud] 18/5/2020 19:36

I keep trying to focus on the investment case.
The great unwashed keep talking about the 5 year view etc. etc.
All well and good, but when profits evaporate, along with the dividend, it makes reading the accounts somewhat difficult.
They can't decide is=f we will hit another bottom, or not, or when it might be. A second shutdown would really be armageddon, and it could happen.
No idea the odds.


tlatsatt
Nearly went for another day trade in Lloyds. I would have picked up £70 - £100.

Not to be.

red

[thelongandtheshortandthetall] 18/5/2020 19:13

real job losses are still to be revealed. Hopefully we'll have forward looking politicos that want to generate growth to get things rolling.

[hydrus] 18/5/2020 18:58

I keep reading about the certainty of a coming dip, perhaps back to the March lows thelong. Must not have access to the future like other pundits. Vaccine or not the world is going to have to get on with living. That said, physical shops, restaurants and most pubs are going to get decimated.

[thelongandtheshortandthetall] 18/5/2020 18:55

I'm not bearish. 100%invested now.

Re the vaccine... Arent they supposed to to be administered 'before' you are exposed to the virus.
door barn horse bolt - is the order important :)

I'm totally convinced 75+% of our population have been exposed to it already.
No way it just avoided people in the airline industry. They just had the sniffles and that was that. There's been no mega cases amongst air stewards for example.

All IMO of course.

[hydrus] 18/5/2020 18:42

Another great day on the markets. Everyone seems to be bearish so that's a good indication of further advances. Another asset boom coming IMO

[thelongandtheshortandthetall] 18/5/2020 18:08

Long may they sleep.
Reality is dark place.

[redartbmud] 18/5/2020 17:59

The US drug trial, on 8 people that proved 'positive'. Looks like they will roll out many millions of doses soon.

Excitable critters, the yoodles.

Reality will set in when they wake up.

red

[thelongandtheshortandthetall] 18/5/2020 15:45

Wow. Whats put a rocket under the market today:)

Quite possibly what apad said above^^ I guess.

[redartbmud] 18/5/2020 10:12

Spx

Steiffel - sell target 7500p

Today's share price: 93189 - 9336 plus 202p

Who is right?

Rsw defying gravity.

red

[thelongandtheshortandthetall] 17/5/2020 19:18

SOS had a good day on Friday. up 18%. closed at high of the day too. be nice to get a juicy RNS in the morning.