Venture Life Share Discussion Threads

[thelongandtheshortandthetall] 22/5/2020 08:45

Just bought a couple of OTB - on the beech.
only enough to focus more research.
Just got a placing underway.

I really like these 'toll bridge businesses' (I'm going to call them)
Autotrader, rightmove types etc.

No physical assets to speak of.
:)

[redartbmud] 22/5/2020 08:39

APAD

Timing is a big play.
Imagine setting up that portfolio 6 months before the sub-prime issue in 2008/09 or the current Covid crisis.
Share prices slashed and dividend income decimated.

red

[apad] 22/5/2020 08:03

I think you're correct, red.

I put my Mam's house sale proceeds into conventional income stocks to pay care home fees. Fixed interest wouldn't have covered the fees.
When I came to sell them, 5 years ago, there was a decent capital appreciation (of course).
If I had done that in January I would have been in trouble.

QED.

apad

[apad] 22/5/2020 07:58

BOO too, tlst.

techcrunch.com/2015/10/28/klarna-a-unicorn-is-coming-to-the-u-s-and-going-after-u-s-credit-card-companies/

Interesting company. Another example of banks being under pressure.

I guess it doesn't matter to SOS whether they are paying a credit card company or klarna.

apad

[thelongandtheshortandthetall] 22/5/2020 07:46

APAD



Haven't seen this before- SOS offering credit to customers by the looks of things.
I guess they have to offer this or those sales will simply go else where.

Also, I'm hoping they expand the home and gifts section. Possibly go into make up and cosmetics too.
They have a good customer base. Might as well keep mailing them new products.

[redartbmud] 22/5/2020 07:31

Boo

Mahmud Kamani holding reduced 20.May Was 13.07% now 12.45%

red

[thelongandtheshortandthetall] 21/5/2020 21:40

Just borrowed this post from henryatkin.

henryatkin21 May '20 - 08:46 - 115454 of 115533
0 5 0
If lockdown has taught me one thing its that I need a car far less than I thought I did. My online spending has gone through the roof to a degree where I can't see myself returning to my town center or retail parks. I don't need either. Even my gardening supplies I'm buying online rather than recently opened garden centers. Instead of planning to go & buy something somewhere tomorrow I now get it delivered today or tomorrow for less than the cost of fuel in the car. Lower mileage on cars means lower trade-in churn
----

me:
Think lockdown is going to have some long lasting effects after all. In the beginning I was sure everyone would bounce back to old habits in a flash now I'm not so sure. Got to admit a few days back at work after such a long break really makes one realise there are aspects that you really don't enjoy :)
I can see a lot of people will want to get out of the traffic.

Another covid effect. local pet shop has closed down. 7 staff lost jobs. I wonder if the owners have worked out they can make the same living on a tenth of the turnover with a different business model.
Lots of changes coming up - or just sped up a bit.

[thelongandtheshortandthetall] 21/5/2020 20:27

APAD. Good way to go about it.
If I had to give suggestions to friend or family I'd say buy Smithson Trust regularly.

Red. I cant really complain about Lloyds - free money for a year then 2.5% interest if I want to keep it.

[redartbmud] 21/5/2020 20:14

Absolutely right APAD.
Advisor mode is the kiss of death, when discussing investments. You are brainwashed from years of being told what is an "ideal portfolio". So you regurgitate it parrot fashion.

Brainwashed from Brum.

Hey ho...

red

[apad] 21/5/2020 20:07

It was a serious question. What I said to my pal was "I won't tell you what to do, I'll tell you what I do and why." "What you do is up to you."

I suspect that if I was giving advice I might have gone into advisor mode and parroted about safety and dividends. As a result he might have ended up with well known Banks/Supermarkets/Insurance companies/BigPharma/oilers/etc.

apad

[redartbmud] 21/5/2020 19:30

tlatsatt

APAD has a long way to go yet.
Lloyds bank is going to beat the combined philanthropy of Bill Gates and Geoff Bazos, plus a few other $billionaires single handed before the end of 2020.

red

[apad] 21/5/2020 19:15

Blimey, well remembered tlst.
apad

[thelongandtheshortandthetall] 21/5/2020 18:15

Between that friend^ and the one you put into Scottish mortgage trust I don't think you should ever have to pay for drink again APAD

👍👍👍

[redartbmud] 21/5/2020 18:01

APAD

Spx needs a share split. Untradeable at these levels.
i think they are waiting to become the first FTSE100 company with a share price of £100.

red

[apad] 21/5/2020 17:55

A close friend, who is not into stocks and shares, has this portfolio (in this order):
HLMA
BVXP
BOO
RDSB
CRDA
VCT
SPX
FEVR
as an alternative to giving his retirement lump sum to HSBC to invest in its fund of funds (double charging 😊)about 6/7 years ago.
He has been asking me why he is doing so well when the papers are full of bad news on shares and dividends.

How should I answer?

apad

[apad] 21/5/2020 17:46

"There were 3x as many online alcohol buyers in the U.S. in the two weeks ended April 18, 2020 than in the two weeks ended Feb. 29, 2020. 🍷"

Clap for the Off-trade.

apad

[apad] 21/5/2020 17:41

EQLS FY late May.
Last update read sensibly about actions.
Overall tone a bit too upbeat, perhaps.
Nothing new in the formal results, but another months worth since the last rns.

Jittery in Jersey, as red might say.

SPX over £97 today. Worth rereading our debate back in March. Hard to buy a share at about a £100 😊

apad

[redartbmud] 21/5/2020 16:52

They got it back up, but they have had technical issues.
I like their I minute chart, so missed it;s use.

red

[apad] 21/5/2020 16:43

Only used Stocko for the SCVR reports MJ, so I don't know.

IG is a trading platform that is excellent at real-time data. It doesn't have filters.

apad

[redartbmud] 21/5/2020 15:53

APAD

IG platform is down, No access.

red

[melton john] 21/5/2020 15:21

Thanks apad. Little stock about this morning, had to twist their arm for them. I noticed you mentioned that you have not renewed Stocko. Does your IG platform give the same level of information?

[speedsgh] 21/5/2020 15:15

Hopefully a sustainable break out after a short period of consolidation.

[qs99] 21/5/2020 15:10

Wow, yes nice. Tipped at all, or increased awareness and buying?

[rivaldo] 21/5/2020 14:21

Nice 500,000 share buy just now at 65.512p.

[qs99] 21/5/2020 14:07

Wonder where they are getting to on the mouth wash research?