Venture Life Share Discussion Threads

[apad] 04/10/2017 17:41

Precis, Piedro:
Banking systems are inherently (fundamentally) unstable, therefore a repeat failure is probable.

Panic, I just don't see how the last ACSO acquisition makes sense. Maybe they can just handle it as an add-on. I would have bought (late in the day) but for the acquisition.
Can't even countenance PRSM - shows what I know :-) But, you have to make your own decisions.........

SOU.
They are now going to drill 3 wells during October. I am 70% up, but this time I think I'm going to sell, somewhen, on the "better to journey than arrive" principle.
I'm just not fleet enough for these O&G hole-in-the-ground companies.
I used to think that the Schlumberger involvement was special, but I have learned that it is just one example of Schlumberger's new policy of investing in their user companies and that this might well herald a change in policy for this sector.

Irritating bounce in IDEA.

apad

[redartbmud] 04/10/2017 17:23

PTSG

Have I missed something?

Gdwn
Confused.com
Don't know what to make of it, but they have always spoken in riddles in Stoke-on-Trent.
Lukewarm for now. Money manyana maybe.

red

[panic investor] 04/10/2017 17:10

ACSO becoming a bigger moat stock day by day imho

[piedro] 04/10/2017 17:09

APAD4 Oct '17 - 09:59 - 14084 of 14100
Banking is Thef

... a précis please !!

[sherylchan] 04/10/2017 17:05

ah, thanks for the clarification

Just a case of waiting for profit takers to finish I reckon

[apad] 04/10/2017 16:41

It was 26 Sept, sheryl.

apad

[sherylchan] 04/10/2017 16:34

PTSG - disappointing reaction perhaps to update - APAD, how did u manage to pay above the offer today (183.9 ?)

[big7ime] 04/10/2017 15:03

Vocabulary

[janeann] 04/10/2017 14:08

Ta, But both could still disappoint - prsm a higher risk than acso imo. Mind I could always sell up and stick the money in a bank!!

[apad] 04/10/2017 13:53

I guess we all know that ever-continuing growth is exponential madness, janeann.

Trouble is we have three-score years and ten to spend, and exponential growth might well rule for such a short length of time:-)

My red flags for ACSO and PRSM are looking limp, torn and dishevelled.
Bloody well done, you.

apad

[apad] 04/10/2017 13:44

Failure, Big7.
Increased PTSG at 183.9.
apad

[janeann] 04/10/2017 13:43

yes quite an worrying article - made worse because continued growth (in populations) is ultimately flawed for biological reasons.

that rapidly rising company - talking about acso I guess. On a roll today as is prsm!

[big7ime] 04/10/2017 13:43

had to look that one up Apad - Bailiwick
You are increasing my arrh what's the word?

[big7ime] 04/10/2017 13:38

All successful investors are "herd following" to a degree. The shares wouldn't be rising if the herd wasnt present or arriving and if you're already holding then you are caught in the herd until you exit. Stop thinking you are special tt1
What are your successes lately?

[apad] 04/10/2017 13:33

ps
Sorry, that rapidly growing company :-)

[apad] 04/10/2017 13:32

It is really scary, Big7.

I don't think it forecasts the future, but what it does do is to hi-lite the instability of the present.

Politicians have not acted on the fundamentals of the 2008 problem - they've cobbled the system back together again.

Anyroadup it's out of our bailiwick, whereas that girl in the red dress.....

apad

[big7ime] 04/10/2017 13:29

Tt1 why don't you give reasons for your statements? I'd be interested to hear why you agree with my thinking on KIE for example. The extension to the help to buy helps the house builders which is a part of KIE business. The likely improvement in services margins? as competition reduces, tenders have to be more profitable or cos like CLLN will fail which again could be another benefit to other cos in that space
Or simply that the co is solid with good management and the divi is attractive at 5.5% for a co expecting to grow eps nicely

Secondly QXT is not afaik in apads pfolio. You may be getting it confused with QTX which Apad holds. I and a few others here hold QXT
I also hold DPH which Apad and no doubt others do. Both spectacularly good growth cos I agree. But I'd bet money the highest performer in my pfolio over the next yr or two will be the less obvious. I have a few of those, e.g. PRIM, IKA or GTC, or from one of the few I don't even mention as they are wild cards and if I'm honest - a little embarrassed to be holding

[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