Venture Life Share Discussion Threads

[lauders] 14/3/2017 06:41

If the comments continue like that and spread though it may not matter what type of software it is! If it does the job, is easy to use & doesn't cost a fortune and then traction/momentum builds FREE could do very well. Just saying. Haven't really looked at it so should do perhaps!

[apad] 14/3/2017 05:43

I keep returning to FREE as a risky-punt-for-fun. Just been looking at Glassdoor and the employee's pictures. Not a tie in sight, even on the old guy.
Pretty big salary bill.
Burning cash.
If the software is as good as its reputation then it could be a success in these days of information sharing. Maybe the threat from the big boys with their big budgets (and ties) is not as worrying as it usually is?
Anyone looked at it, own it?
My Edinburgh IT source spat the dummy on hearing about the RBS tie-up (he used to work for RBS).
apad

[apad] 14/3/2017 04:45

The MACD gives me something of a feel for momentum, red. The longer term moving averages seem to me to be statements of the historically bleeding obvious.

I can see that your style needs some cash and I would like to emulate it as it gives a sense of purpose to watching a company's share price performance, regrettably, I am psychologically unsuited to having money in my portfolio.
Amusingly my daughter's ISA had £300 in it a short while ago so I bought some Tristel, now worth £600. A nice little success, but it sure shows up my aversion to cash.

I deliberately eschew a balanced portfolio as a guaranteed route to mediocrity. Interestingly my style of investment has led to the polar opposite of a balanced portfolio.

Billy, I looked at Taptica briefly, but the lack of information coupled with the frenetic nature of the mobile adverts game soon made me skittish. Looks like the founders are having fun, jobs on offer, - I don't think it's a scam.

Only 2 hours to AMS :-(

apad

[djbilywiz] 13/3/2017 21:01

Apad, yes I try to tune out most of the noise and focus on business results etc. Speaking of which, I noticed your post on the Taptica board looking for research etc did you find any online? I hold a few shares.

[essentialinvestor] 13/3/2017 20:56

dj, never even herd of the 300 dma before reading the article.
His Dad used the method over a number of decades.

[djbilywiz] 13/3/2017 20:49

Interesting EI, I usually plot a 200dma on charts, will consider the 300 on indices. I've recently read Minervini's book which was an eye opener and hope to incorporate his strategies into my own plan. Looking forward to his second book.

[apad] 13/3/2017 20:42

Iff you have a fund manager's sized portfolio then market trends are important because you are those trends.

As a private investor the siren call of political and economic trends are irrelevant.

E.g. you buy ARM when it was a cub, and no other companies, all the income you put into ARM.
All of the wall of political sound in the meantime is neither here nor there.

If you are a fund manager then this strategy is not open to you, so nobody talks about it.

My top two shares show 350% capital gain each and their performance is nothing to do with Trump/Wilders/Brexit/etc. It is entirely due to the companies themselves.

I have no cash in my portfolio. All income is immediately reinvested. Same for daughter's ISAs.

apad

[essentialinvestor] 13/3/2017 20:25

Read an article a few years back where this guy used the 300 daily moving
average on the SPX. If the SPX was below the 300 DMA he was 100% out of the
market, above this level he stayed 100% invested.

He maintained that although not a precise timing metric, during bear markets,
if followed, it avoided the majority of severe falls.

[essentialinvestor] 13/3/2017 20:19

When younger I used to dip in and out of markets continually,
these days income is a much more important consideration so
not comfortable going above 24/25% in cash.

If It really looked like we were about to fall off a cliff,
then may be 35% cash top end.

[djbilywiz] 13/3/2017 20:09

Thanks Red and EI for the replies. Does feel the markets are due a correction, I have trouble weighing up all the macro factors myself. Will just go with the flow until it's obvious things are headed south.

[apad] 13/3/2017 20:08

PTSG FY on 28th inst.

FWIW I am looking to increase between now and then.

apad

[redartbmud] 13/3/2017 20:02

EI

The Brexit scenario has to be a ticking time bomb. There is so much at stake for so many involved parties. Markets just do not like uncertainty.
The dwarf fish from Scotland has thrown her line in the water again, will the extremists in Europe pitch in to make matters worse?

Some of the y'oodles have been talking about a correction for over a week now. They may be wrong.

As djb says, the 'VFTSE and it's at it's 52 week low'.

That may just be enough to shake things up a bit. The FTSE 100 52 week top is a gnat's whisker away and what goes up often comes down.

I am not predicting anything but I am not discounting anything either. Nothing like a serious correction but why not 5% or so for a few days?

red

[apad] 13/3/2017 19:52

VANL falling nicely, red.
Good one to miss?
apad

[apad] 13/3/2017 19:41

Dave,
Best opinion I can offer is to put in at least as much effort into assessing 'why not' as to 'why', including after buying a share in order to avoid confirmation bias.

I noticed that you have RBG. I read the ecstatic Paul Scott review and was very tempted by his case, but decided not to because I did not identify with rented, large property in premium areas selling pricey drinks. Does the world need another bar? I am probably wrong, but I would rather miss out than go for opportunities where I have doubts. E.g. made a mistake with CAKE a year or so back.

Red
My pleasure with AMS. It never seems to excite on results. We'll see tomorrow! 07:00 on the dot :-) I've held since 2012 and the recent 'buy the dip' was a classic.

apad

"The test of a first-rate intelligence is the ability to hold two opposed ideas in mind at the same time and still retain the ability to function." F. Scott Fitzgerald

[essentialinvestor] 13/3/2017 19:15

Dividends growing too quickly atm for any serious sell off,
might depend on your definition of serious in fairness.

[djbilywiz] 13/3/2017 19:14

Hi Red, interested to know what makes you think volatility is on the way? I've just checked the VFTSE and it's at it's 52 week low. Maybe this is reason enough on its own??

[redartbmud] 13/3/2017 18:43

It looks like the hiatus is about to hit the fan. Volatility, volatility, volatility.
You just can't beat timing the market.
Tin hat, flak jacket, brown trousers and gold plated bicycle clips at the ready.
Happy days.

red

[essentialinvestor] 13/3/2017 18:34

Having just double checked the Dutch election results are Tuesday 21st FFS,
it's nearly a week following the vote, they do things differently in Holland ).

[apad] 13/3/2017 18:13

Brikho hubris with Foster Wheeler bid is an interesting lesson.

He transformed AMEC by targeting O&G and then thought he could do no wrong.

apad

[essentialinvestor] 13/3/2017 18:08

red, HSTN report the day following Dutch elections,
they own some property in the Netherlands, won't make any difference
to the business, but from a sentiment point of view timing could
have been better. A50 looks like end of March now, hoped for tomorrow
although understand delaying until the Dutch vote is out of the way.

Some of the guys of the FX board are looking for a market turn next Monday/Tuesday.

Thought it was underway last week, got that wrong, was expecting 4-5% to the downside.

[essentialinvestor] 13/3/2017 17:18

Tell me about it, she sunk my SL., it was recovering very nicely
then came the referendum demand.

[redartbmud] 13/3/2017 17:13

EI
Absolutely. What is even worse, the deceased are sometimes spoken about with a veneration that didn't exist while they were alive. It used to be "miserable beggar" etc. etc. Not in this case I hasten to add.

The poisoned gnome from north of the border has jumped on her broomstick again. It will not help matters, or markets.

red

[essentialinvestor] 13/3/2017 17:06

Can remember my older relatives checking the obituries in local newspapers
growing up, there seemed to be a sense of satisfaction they had outlasted
particular people, or some morbid fascination ).