Venture Life Share Discussion Threads

[thelongandtheshortandthetall] 26/9/2017 20:33

Debt... its not a sector but debt is either managable or it ent.

Edit:
ROK, GKP and SNCL spring to mind... snarl...spit...gnash...
Debt...

Edit2

For anyone thats interested. Philip fishers' uncommon profits from common stocks is in audio book form on youtube. Good listen.

[modform] 26/9/2017 20:19

Apad, I am starting to like banks, having been invested in C for a while, so I will add, marketing and advertising companies, Israeli companies

[attrader] 26/9/2017 19:25

Oil & Gas, Miners, Metals APAD ?

[apad] 26/9/2017 17:35

Sectors to avoid (bearing in mind that all rules permit exceptions).
Writing off whole sectors makes life easier.
Any additions?
apad

Don't go there:

1. Any company that cobbles together cameras and software to produce a product.

2. Any 'new' material looking for an application.

3. Shops.

4. Insurance companies.

5. Supermarkets.

6. Banks.

7. Plant Hire companies.

8. Property companies (unless you really understand the cycle and are patient).

9. General builders.

10. Consultancies.

11. Software companies without something special.

12. Transport.

13. Vehicle makers.

14. Companies that you can't encapsulate in a single paragraph - it means you don't understand what it does.

[madmix] 26/9/2017 16:32

BOO : I think the outlook statement / full year forecast will be key.

In June they said "As a result of very strong trading momentum in Q1, we now expect Group revenue growth for the full year to February 2018 to be around 60%(5) , ahead of previous guidance of revenue growth approaching 50%. We expect Group EBITDA margins to be in line with previous guidance at around 10%.

(5) Revenue growth from the boohoo brand is expected to be 25% to 30% year on year. Revenue growth from the PrettyLittleThing brand is expected to be approximately 75% above the 12 month revenue to 28 February 2017 of GBP55 million. The balance of the growth to around 60% will come from the Nasty Gal brand."

I think the market will be looking for another upgrade. If guidance is merely maintained, I wouldn't be surprised to see the price drop back.

[apad] 26/9/2017 16:11

ps
Is it always about 10:30 that a share initially marked down on results starts to bounce back?

[apad] 26/9/2017 15:29

Well that was an exciting little PTSG abseil.

Tomorrow is all about BOO for me (20% of Stairway - a truly scary amount of shares).
I have a 'red' type trading slug (in profit) that I could shift into FFX, depending on the results.

I find it difficult to interpret the lack of recent movement in the share price - seems to be a solid floor.
It's such a wild card that I do not know how to interpret what will be taken as stellar or just good results.
I guess it will be about reading between the adjectives.
Whatever, there will be a blaze of news as it's about as high profile as it is possible to get.
GLA
apad

[lukead] 26/9/2017 14:36

Not doing too well this share, another one ramped up by the poster someuwin. He appears all over Advfn

[redartbmud] 26/9/2017 12:36

Would have doubled up @178p
Going out can be inconvenient. Off out for the afternoon shortly :-)

red

[redartbmud] 26/9/2017 12:17

Been out. Back now PTSG paid 190p ;-(

red

[hydrus] 26/9/2017 11:56

TAP results look good. However it's just not for me. Can't get comfortable with it.

[apad] 26/9/2017 11:41

I bought PTSG first when Paul Scott criticised it heavily for payment timing in the industry - a balance sheet judgement.
He had a real effect on the share price, bless him.
I shall leave it to run now - all of the planets are in conjunction.
So, IDEA might have to wait a while.

Still no news on an FFX late Sept. interim. I suppose they have a lot to do :-)

BVXP FY is early October.

Pleased with IGG sharedealing. InteractiveBroker is far too complicated for me.

apad

[madmix] 26/9/2017 11:28

Thanks APAD. Though I will have to concede that your average buying price is lower than mine! ;-)

[apad] 26/9/2017 11:19

Better timing than mine! Well done madmix.
apad

[madmix] 26/9/2017 11:07

Also BTFD on PTSG at 177.45p.

[toptrump1] 26/9/2017 10:20

Scott losing a fortune on IQE

[apad] 26/9/2017 10:17

Buying prices for PTSG (including charges)
78.93
76.25
84.58
96.17
100.50
97.99
98.09
97.58
102.47
118.92
122.22
122.95
126.10
183.87

apad

[apad] 26/9/2017 10:04

Money where mouth is time!

Bought 4740 PTSG @ 183.7p

apad

[apad] 26/9/2017 09:55

I like Paul Scott, homebrewruss, simply because he is open, changes his mind, explains his reasoning (opinion and evidence), has industrial expertise, and admits his errors. A rare combination.

His position on PURP, to a potential long term holder, was nuts, but as red says some folks are capable of trading the hype.
The debate showed his position as flawed and he has taken the argument.
Anyone still thinking that PURP poses an existential threat should watch the BBC expose and then that debate.

I owe Scott (background in the clothes shops industry) the start of the argument that convinced me to bet the farm on BOO. He has traded out and I am clinging on.

apad

[apad] 26/9/2017 09:42

PTSG has risen sharply lately.
I take the view that it has delivered well and the swathe of recent orders are yet to work their way through to the balance sheet.

The story is easy for the teenage scribblers to write up, so I expect some buy recommendations rather than the normal - high priced, hold comments.

So, current levels may well form a new base, rather than the price drifting until the FY results are in the offing - punctuated by fillips on acquisitions.

What this doesn't take into account is the limited market in shares.

Management has their hands full, but their experience (including the FD) fits them well for the currently hectic environment.

Their much touted "reorganisation" looks to me to be a rebadging exercise aimed at the title and the sector match being obvious. Marketing.

apad

[lauders] 26/9/2017 09:19

I want to buy the dip in PTSG but amount on the way home and am currently in Incheon airport about to board my flight. Can't deal at present!

[homebrewruss] 26/9/2017 09:19

PURP - looks like Paul Scott has got cold feet:

[apad] 26/9/2017 09:03

And you have someone to blame if it doesn't work out :-)

What did you pay, red?

apad