Venture Life Share Discussion Threads

[redartbmud] 24/2/2017 16:26

Bots playing with Hill&Smith today. Just saw multiple buys of 10 shares.

Took a 30p trade of Kaz today. Only a few but banked £100 and risk off.

red

[hydrus] 24/2/2017 14:05

Good posts on PURP Red, APAD. Will be fascinating to watch it play out. My instinct is US could be a step too far also.

[apad] 24/2/2017 10:01

Whilst not such a large holding I also sold MCGN, EI. Based on inside information from the Jersey wealth management industry :-(
apad

[essentialinvestor] 24/2/2017 09:32

TET, I feel very unwell looking at the SP, sold way too soon.
That and selling MCGN a couple of my biggest ever investment mistakes.

Held 130,000 MCGN, that is beyond an ouch (.


VTC may be interesting, taken a small amount, known the company since the
early 90's, market trends moving in it's favour.

A multiple re-rating would open much higher levels, it's traded on 17 x plus in the past.

Recent results flattered by FX, however under the hood positive momentum building.

All IMV, as always.

Hope everyone is keeping well.

[redartbmud] 24/2/2017 09:20

APAD

Good precis.

Squeaky bum time today. I hold Standard Chartered Non-Cum 7.375% irredeemable Prefs in my Sipp for a very fat income yield. They cut the ordinary dividend, but fortunately the prefs remain unscathed.

Bt.a still crawling north, not complaining.

red

[apad] 24/2/2017 09:13

I sold a house in Emsworth where there was competition between a local, long-term estate agent and a branch of a national chain.
The local man was open to price negotiation and provided a knowledgeable service. In contrast the chain man had no negotiating powers and ran a formulaic system without knowledge or subtlety. If I remember correctly the chain charge was 2.5 times the local man.
There is an oversupply of estate agents and I think there will be a destruction of the chains by on-line providers (what's to distinguish one numpty from another?), but that may well increase the market for local, knowledgeable businesses, who would then be able to reduce charges. remember they are linked to Rightmove.
As for the US - crash and burn, I reckon. It's a foreign country with a foreign language and culture. Paul Scott's view does not make any sense to me, even though he acknowledges the high risk.
apad
ps
QTX lively ahead of Monday.

[redartbmud] 24/2/2017 08:42

Hydrus

Yes, traditional estate agents really need a massive kick up the backside, they still live in the 19th Century . I suspect that the final answer maybe something between them and the full online model.
Buying/selling houses is the biggest financial transaction that most people make in their lives. I don't see how that can be achieved satisfactorily by two clicks of a mouse. I have used Purple Bricks myself and am not totally convinced that they have got it right at present.
The y'oodles may well take to the idea like a duck to water, but it is a huge country to crack. I am not sure what the final costs might be. Don't bet on the locals having a go. They can be very tech savvy and are gung ho in their approach to certain situations. Some nerd who lives in a garage and only sleeps two hours a day could well challenge them.

red

[bigboots] 24/2/2017 07:37

So it looks like someone has bought a stake off shareholders... a fund ?? or an activist investor..

Either way this is a screaming buy.

[apad] 23/2/2017 22:34

Paul Scott is good on TSTL and PURP today:
www.stockopedia.com/columns/paul-scotts-uk-small-cap-value-report-1/

apad
ps
My furniture just doesn't bear inspection, j:-)

[hydrus] 23/2/2017 22:30

Agreed Red - seems like a hugely risky move. Go big or go home I suppose. I know very little about the business model really but any company going up against traditional estate agents gets a thumbs up from me. Disgraceful fees for next to no work. Hope they blow a big hole in the market.

[janeann] 23/2/2017 22:16

so apad - which is the longest lock-away term........ lock in the bottom drawer (RDSB I recall) or back of the sock drawer (TSTL this eve).

[redartbmud] 23/2/2017 21:16

Hydrus

They raised more capital today, to fund a move into the good ole USA. They have only just opened up in Australia.
Going faster than a rocket bound for space and the share price has doubled in no time.
Hmm... Think I would rather be on the sidelines. How will they cope? Will there be a train crash or a spectacular success?

red

[hydrus] 23/2/2017 20:21

Thanks red - that was my concern, will it ever be profitable. Would have been based purely on first mover advantage and my own experience of using them. Didn't research it further at that stage as price moved and my doubts made me look elsewhere.

[redartbmud] 23/2/2017 15:54

Hydrus
Purp
I am not convinced that they can convert the sales into profits.
1. They seem to have bursts of advertising on TV - Is that because sales are flagging?
2. I have not explored the fixed costs vs income and there fore the number of customers needed to create a profit. At present they charge a fee even if you don't sell. I doubt that will stick indefinitely, given the competition.
3. Are their sales agents on commission, salary or a mix? It can have a big effect on costs.
4. Competition.

I have not studied them in depth. If it is just a numbers game, and they get the numbers it is ok, but there has to be more to it that that.

red

ps
Bt.a being stubborn. I bet the majority of sellers are unwinding recent purchases around £3.00 - £3.10. Let us see what happens when they clear the market.

red

[lauders] 23/2/2017 14:14

Well done with TSTL APAD. That top up you made around 90p after BREXIT was a gift!

[melton john] 23/2/2017 13:15

Interesting quotes from the webinar for TSTL "top of the agenda for every hospital is infection control, they have no choice, decreasing options with antibiotics as resistance grows" and "a competitor will have 15 years work to do to catch up". I'm paraphrasing a little from memory, but that's the gist of it.
The webinar will be available later on the Equity Development website.

[hydrus] 23/2/2017 12:10

Good statement from TSTL this morning, they acknowledge the visibility of sales point in relation to a bulk order but clearly despite some lumpiness the underlying pattern is the business is growing well across number of territories

[hydrus] 23/2/2017 12:01

I almost bought PURP at £1 a very short while ago and now it's 150% up. Having used their services I am a convert. Couldn't work out whether they can actually make money though! Competition heating up but they have first mover advantage which can mean everything. Far too expensive now to take a punt.Also watched CRL and SWL rather than buying. Both more than 150% up in short order. Oh well, can't invest in everything and it's not been a bad few months.

[melton john] 23/2/2017 11:59

Peter, wait till they get FDA approval then you'll see excitement I'm sure. I'm well in profit but don't intend to be trying to buy back in after profit taking. Go back a year in the TSTL thread ,if you haven't already, to read all my reasons for holding. I didn't get it at first but I'm in big now.

[petersinthemarket] 23/2/2017 11:23

DIS - bullish note in Shares mag has given it a boost this morning
TSTL - reasonable if unexciting results - still some share price catching up to do
RGL and TSTL - have today declared useful dividends
SFR and TRI - current performance not impressing me, but no panic
PVG - Too expensive, too big a spread - I don't hold & not planning to chase it
pete

[apad] 23/2/2017 10:13

GSK ex div today and after the usual mark down it seems to have bounced straight back up again.

TSTL interim very well received and the tintins have yet to go to the pub.

WEIR seems to have settled down (so to speak).

I'm afraid SOU has given me a taste for Malcy's oilers and I have been reading about SDX! Must calm down.

Decided I have missed the boat on PVG for a while, despite pet lover's cogent points. Agree it's unlikely to get cheap in the near future.

apad

[redartbmud] 23/2/2017 09:52

fozzie

Well done. a profit is a profit. they can't take it away from you.
I often set a target price for my trading stock, and tend to bail out when it is hit. Quite often, the share price continues upwards but, having achieved the target, I have money in my pocket burning a hole. Strangely, that can be a nice feeling, as it creates the opportunity to repeat the performance elsewhere.
In Bt's case, I cannot see why £3.60 or so is not achievable.

red

[fozzie] 23/2/2017 09:41

Sold up at 32red this morning, money in pocket burning hole it is ;0)

[redartbmud] 23/2/2017 09:32

Recently I contracted APAD's disease, I had money burning a hole in my pocket. BT announced the Italian debacle and I took the plunge at £313.808p. Being a cautious soul, I only bought 2.5k shares. In the short term I was right, the share price plummeted to the depths just below £3.00. I dithered over an additional buy and lost my nerve, resolving to sit tight and await better times - they did say that dividends would increase 10% per annum in each of the next two years.
The trade is now coming right and the quote is £3.315.
If I sold 2384 shares today I would end up with 116 shares and 62p cash.
I am not saying that it is a king's ransom, but if put into an ISA or Sipp that are being built for the future, they are at negative cost and any dividend has a 100% yield.
If I hang on for £3.40, which should be easily achievable, my shares become 175 and my cash is £2.66
Not bad.

red