Venture Life Share Discussion Threads

[apad] 07/3/2017 12:26

After Lithium, comes Cobalt.

After Cobalt comes.......

[lauders] 07/3/2017 12:22

LOL Peter! There is life there after all. The puppy is developing. The question mark still remains over what it will develop into but some move today after reacting disappointingly to the news at the beginning. Will do my entry in the annual share pick here no harm at all ;-)

[modform] 07/3/2017 09:30

Indeed timing is the key Apad, hence a small punt

[apad] 07/3/2017 09:27

They have always been in vessels for green energy (i.e. subsidised) projects and have bought a valve grinding company, mod.
Timing is of the essence for this type of company I reckon.
GL
apad

[modform] 07/3/2017 08:57

Apad, PRES is moving away from reliance on oil services sector, and I think the share price has been hammered on the previous update, so a lot of bad news is in the share price Just a punt, but if the results are OK, it may become a medium term hold

[apad] 07/3/2017 07:56

Good company, PRES - technology and management. Need to context to be providing the orders, of course. Borrowed to buy their buildings I seem to remember.
What caused you to pull the trigger, mod?
apad

[redartbmud] 07/3/2017 07:52

Fun and games in the challenger banks sector today, as Shawbrook rejects the takeover bid.
Watch this space.

red

[modform] 06/3/2017 19:57

Madmix, I have topped my USA holdings in my sipp, NOV MMP WPZ, they pay dividend and they have good assets I have small holdings in GMS, and also PRES from around 170p as a punt

[apad] 06/3/2017 19:42

BT Pays £1.18 Billion to Keep Champions League.
BARGEPOLE!

Looked some more at Abcam. Still faultless. ABC's antibodies become more valuable the more they are used, as the information generated by use adds value to the product!
On top of this their current expansionist CAPEX is making it more difficult for others to compete.
Even though it is 12% of my portfolio I would buy on a dip - it is 20+% above this January's dip. Yield is currently 1% - the interim payment is up about 20%.
Maybe it is because antibodies are technofrightening, but ABC does seem to be very low profile, so an off-the-radar dip is always a possibility.

apad

[redartbmud] 06/3/2017 18:39

Kaz continuing to be soft. UT was £4.98 and bits, but there were a number of purchases at £5.04 and bits after hours. Not sure what to make of it.

Mad: "miners. They're certainly pretty volatile at the moment, but the short term trend seems to be down."
Couldn't agree more.


red

[madmix] 06/3/2017 17:03

mod,

Likewise, I've also trimmed back my miners. They're certainly pretty volatile at the moment, but the short term trend seems to be down.

Which stocks do you like in the oil services sector? I held LAM, but unfortunately sold at break-even after the recent lackluster trading statement. I see they're up 10% today. :-( Also held GMS for a profitable trade recently, and have been considering repurchasing. One has a good balance sheet but poor trading, the other has a poor balance sheet but is trading well.

GAW - Yes, they seem to use the phrase "However, the Board remains aware that there is some uncertainty in the trading periods ahead" in every statement.

[modform] 06/3/2017 15:51

Madmix, I have top sliced all of my resources stocks, they have had a fantastic run, and have increased my oil services exposure .

GAW, weird company, makes weird products played by weird people, and now issues rns at weird time, but all looks good, and they're usually conservative in their forcast

[madmix] 06/3/2017 12:15

modform,

Are you holding on to your miners? I've got quite a few KAZ tucked away.

GAW - Another "ahead" statement. Solid hold for me.

ABC - Also have a decent stake here, so pleased with today's results.

[apad] 06/3/2017 10:28

ABC nice dip in 2014, mod. I got quite excited :-)

Well done on WAND, I looked at it once but couldn't see its USP so walked away!

apad

[modform] 06/3/2017 10:20

Just too used to ABC delivering every time.Top sliced WAND after SCSW tip, almost a 6 bagger in a year. KAZ, Chinese reduced forcast growth not helping but it's had a good run.

[redartbmud] 06/3/2017 08:00

Citywire AAA-rated mid-cap veteran Richard Watts has continued to pare his conviction in upmarket mixers manufacturer Fevertree (FEVR) as its shares have pushed toward a consensus-busting valuation.

Watts cut his stake to 8.8% of the business worth £143 million at a share price of £14.06, up 152% over the last 12 months and 23% this year alone.

His £2.3 billion Old Mutual UK Mid Cap is the largest fund holder of the stock, closely followed by his AA-rated colleague Dan Nickols, with AAA-rated colleague Luke Kerr holding a smaller stake.

The manager had already cut his holding in the business from above 11.5 million shares last month, as its recent rally has taken it to the sky-high price tag of 93 times last year’s earnings.

Analysts have scrambled to keep pace, and the rally has already outstripped Investec’s end-January price target of £13. RBC initiated coverage last week with a buy and a target of £17. The shares closed on Friday at £14.32, down 15p or 1% on the day.

Just for info.

red

[apad] 06/3/2017 07:45

tl....
A company will put a small account to the office junior - use a single accountant, there are plenty around and they do not have to be local.
It is true that HMRC (as it is amusingly termed) relies on accountants that you pay for to do their checking for them. However, if you have time do it yourself. Once the spreadsheet is set up and you keep all the records it doesn't matter if you are 'investigated' and they aren't that interested in small fry.
I am a member of a UK partnership and we get good value and service from a one man band. My Dad was investigated and found it an amusing diversion - nothing to hide and good records. I do my own company accounts on The Rock - mind you we have a helpful tax department and you can talk to people!

ABCAM is the sort of company that is a pleasure to own. Interims are flawless.
Foreign currency earnings have increased net cash by 50% and Free Cash Flow Yield per share has doubled. cf previous interims.
Afterburners lit today I reckon.

apad

[lauders] 06/3/2017 01:02

tlatsatt - I am based overseas and when I needed an accountant for my two UK properties I searched around and found TaxAssist Accountants. I supply the information and they complete my annual Self Assessment. Has been working out at around 350 pounds max a year so far. No real complaints so you could look at them too. They have a website & I have no affiliation other than being quite a long term client.

[mattjos] 05/3/2017 21:15

If you have ambition to grow the business then I would advise getting a decent accountant from the start. With the accountant filing comes an opportunity for useful advice, networking & Reduced likelihood of HMRC suspicions later.If you don't wish to grow the business, question why even have a Ltd company but, if you must, Mrs. Miggins Bookkeeping Services should suffice.

[redartbmud] 05/3/2017 19:58

jane

Agreed, but the accountant will complete and submit the tax return.
A bookkeeper may not have the necessary skills, and HMRC still nod through returns submitted by an accountant without too many questions.

red

[janeann] 05/3/2017 19:54

tlatsatl Talk to some small independent accountants as well as some small firms; for one property even as a limited co you don't need an accountant - a good bookkeeper would do. But if you grow then you might need one

[thelongandtheshortandthetall] 05/3/2017 19:46

Thanks for the suggestions guys

Thank you Red. Lots to think about in your post..

Yes i'll meet up with another accountant or two and ask many questions for comparisons.

Thanks for your thoughts. More of a mine field the i expected to beat honest.

Reminds me o this:
'A man with money meets a man with experience. The man with the experience ends up with the money and the man with money ends up with an experience'.