Venture Life Share Discussion Threads

[big7ime] 04/10/2017 13:06

That's a long post Apad. Looks like we're all doomed by that article and that money will become worthless so we are rather living pointless lives trying to make it investing.


If the economy is made up of 97.3% debt you can see why there is no room to expand further and hence the collapse is imminent!?

[apad] 04/10/2017 12:11

SN. looking perky. I wonder if the 100 year old bid rumour will materialise or is it just red's perception of new, good management.

"Castings PLC announces today that Mark Lewis, Managing Director of CNC Speedwell Limited ("CNC"), will step down from the board. He will leave the business on 20 October 2017."
It doesn't thank him for his services.

apad

[toptrump1] 04/10/2017 11:33

Interesting read but what you going to post next? A whole book! Only joking

Not sure it's a good idea to spread as you say; the more that know this the less confidence there will be. Ignorance truly is bliss

Some of you guys are pretty ignorant. But from the dross a few diamonds.

The only ones I like from Apad's portfolio are DPH and QXT, possibly DotD
The rest imo are overpumped and offer little value. Apad, if a crash does come your lot in deep trouble
Only one I like from Big's AMER, maybe Kie
Lauders ZOO may retrace 30% first
Most here have no clue and are herd following one or two others which I suppose is better than their own ideas

[apad] 04/10/2017 10:03

If this grabs you the properly formatted version is on

www.rickbradford.co.uk/BankingisTheft.pdf

Feel free to spread around.

I have mentioned it before but it is so rare to find something original that it is worth publicising.

apad

[janeann] 04/10/2017 08:49

CGS - never held - just an opinion on firing directors!
WEY - traded it a couple of times but don't hold now and cant get excited by it. but thanks lauders
LTG and COG both looking ok to me. odd wording in LTGs announcement this am but if they have capacity for the extra work all well and good. Just need some more to fill the gap next year!

[lauders] 04/10/2017 08:31

Doesn't run it Apad, just has an interest. Point taken though ;-)

Perhaps I should not be so trusting of his opinion after all! Anyway, I still believe that gold and silver will come good. I might have to be more patient than I am being at present.

[apad] 04/10/2017 08:25

Doesn't he run the home for sick puppies, Lauders?

I have seen such data-free opinions repeated year after year after year on the run up to market reversals by people paid for words. If you repeat it often and regularly enough you will eventually be correct. But you won't be correct that often because major market corrections are RARE events.
So, one is better advised to study normal markets rather than attempting to predict rare events.

There is a problem with data and major market reversals. That is that the effect is so large that virtually any metric one chooses, e.g. unemployment, will show a significant effect that is coincident with the market reversal. Unfortunately they are not predictors.

The CGS news has not affected the share price, so you may well be right, janeann, that the announcement is benign. Scaredy cat would sell the lot.

TSTL's announcement, which I saw as not concerning, seems to have blown some froth off the share price.

apad

[redartbmud] 04/10/2017 08:06

Ghh - a diamond.

Ltg

Learning Technologies Group ("LTG"), a market-leader in the fast growing learning technologies sector, today announces an update to the terms of a major contract.

As result of this change the financial impact of the contract will be accelerated in 2017. Consequently the Board anticipates that results for 2017 will now be ahead of its current expectations albeit with a corresponding effect on 2018.

Off to Goodwin now, to find out what isn't happening and why.

red

[lauders] 04/10/2017 08:02

Apad - Here is a quote about the markets: Markets continue to defy gravity, notwithstanding all of the evident (at least to old market grizzlies like me, Bill Blain and Evil Knievil) pointers that there is more froth than a tired old Starbucks latte in global markets.

I have time for Jim. I think he is right more times than wrong and his words will come to be true. Hence my interest in gold and silver. Always worth a read even if you DON'T agree with him.



janeann - If you like LTG have you happened to cast your eye over WEY? I have a very small holding in the latter.

[apad] 04/10/2017 07:46

Indeed, usually the income stream is delayed, not accelerated :-)

GHH rns looking solid, red.

apad

[janeann] 03/10/2017 18:50

surely he would be fired on the spot - not given a couple of weeks to hide any misdemeanours or pilfer something else. (Unless of course he has some holiday to use and they have his keys and office credit cards!)

Idea - still cant get excited about it...

ps LTG on the other hand looks very promising - interesting strategy update this am.

[apad] 03/10/2017 18:26

It is odd, red.
The investment in machining seemed all very sensible and the company is traditionally parsimonious.
The price hasn't reacted at all and the rns seems pretty unambiguous.
Translation:
We've fired him and now we need to find out what he's been up to.

apad

[redartbmud] 03/10/2017 17:40

CGS

I'm on a roll. Another profits warning. I am like a rabbit in headlights at present. There were no signs of a problem at the AGM, in fact, it was quite the opposite when questioned about machining.

Bemused from Barnsley.

red

[apad] 03/10/2017 17:20

DOTD FY 17th.

Worth reading the last rns.

15 career vacancies.

apad

[apad] 03/10/2017 16:44

Thanks folks,

No comment on CGS board.

Under the radar.

I like the company but this is a profit warning.

apad

[apad] 03/10/2017 16:43

CGS:
"Castings PLC announces today that Mark Lewis, Managing Director of CNC Speedwell Limited ("CNC"), will step down from the board. He will leave the business on 20 October 2017.
Adam Vicary, Chief Executive, will assume operational responsibility for CNC until a permanent replacement has been appointed. During this time, a full review of the machining division will be undertaken and reported on as part of the interim results on 10 November 2017."

OOPS

apad

[big7ime] 03/10/2017 16:16

Apad, no time today
Look at the results, net cash produced, basic earnings, cap and amort of software/costs. I'm not a big fan of software cos accounting practices
From memory results disappointed, have to factor in acquisition, chart says a lot
It had run up too fast imo

[11_percent] 03/10/2017 15:40

APAD,

Does anyone know of a market commentator who is not simply parroting mindless, meaningless incantations?
=====

You might want to have a look at Martin Armstrong.

Link to his blog below.

[homebrewruss] 03/10/2017 15:21

APAD re bear markets, henryatkin posted a nice chart here with unemployment vs the FTSE:

[apad] 03/10/2017 15:20

"I think it's had its day"
Interesting - reasons? Remember I'm relatively new to it and might be being seduced by its market.

I did warn that my opinion on GTC is antediluvian :-)
I'll have another peek.

NTQ IS IN MY SOFT SPOT, BIG7 - I like 'Kit'

apad

[big7ime] 03/10/2017 15:19

Did the same with IQE, buying in bad times now a fiver bagger, the mining cos in bad times when everyone very negative 3-7 baggers all in 18mths
It's no good buying bubble stocks after they've multiplied sev times when these boards are euphoric but gwth rate is slowing, buy cheap when boards are silent before big increases in profits and continuing accelerating gwth or before reality sets in that they're overpriced as with IQE, BOO etc..
Maybe I'm a contrarian investor
I'm getting better timing exits though.

[big7ime] 03/10/2017 15:11

I bought IDEA at 43, sold at 92
Just couldn't see the results being that good and I was right I think it's had its day
As for GTC Apad, i know you dismissed it before but I like to buy cyclical stocks cheap, very cheap this co is under 10m cap. I prefer it to NTQ which should be doing well out of shale but isn't. The mapping tech alone will be bought one day for a lot more than the co is valued at, you need to understan how val this data is
Was doing very nicely, had it from 33 to 97 and it got to over 110 I think. Then came the oil crash and exploration belts were tightened. But it will come back so have been buying around 30 again as it's just a matter of time . They have also been acquiring bolt ons and the co is twice what it was and doesn't rely purely on the oil ind now. Quality small co, one of the best you will find imho, directors have been buying at higher levels, it'll be back to a quid in short term and still be undervalued ;)

[apad] 03/10/2017 15:11

S&P still climbing.

Surely when push comes to shove a bear market has to be initiated by a rise in interest rates?

It is that and only that which stifles consumers - isn't it?

Whilst ALL governments print money and boost asset (house, in particular) prices then our assets - shares in companies - can only rise. Can't they?

All the bear commentators seem to quote the length of time this bull market has been going and the value of share assets. Aren't they missing the point?

I have never seen anything like this before, so it seems to me that looking for past patterns is patently irrelevant - might as well slaughter a goat and make shapes out of its entrails.

Does anyone know of a market commentator who is not simply parroting mindless, meaningless incantations?

Jaundiced of Jersey,
apad