Venture Life Share Discussion Threads

[thelongandtheshortandthetall] 15/12/2017 12:44

Wish I had of even considered bitcoin now. Wow wee!

[redartbmud] 15/12/2017 12:29

I'm out. Miniscule profit, but it is winning the game that counts. £6.2052 595 shares.
Bit of fun. Bought 600.

red

[hydrus] 15/12/2017 12:26

Re funds - if I wasn't significantly outperforming smallcap funds I'd definitely consider leaving it to them. However, would miss the fun of researching and finding gems and watching them grow.

[hydrus] 15/12/2017 12:24

ZOO board quietened down which is good. My largest holding by a long way still.Santa rally kicked in for me in last week or so, all looking very merry.

[thelongandtheshortandthetall] 15/12/2017 12:22

Re funds, etfs, trackers etc.

The costs of trading are immense.
Coulpe of years ago i went through ALL the costs invovled in trading.
Including time that could be spent directly earning money.

I would recommend others (mainly newbies) do the same.

Did the same in my very small business. Amazing savings and profits to be had. By making slight changes to my business i could save my self 40% of the work i had completed in previous years and still make the same money.

Met a couple on holiday that are lean management consultants. I didnt even know such a thing exists. I think i muight have even shocked or possibly boared them with how obsessed/interested i am with the subject of efficiency.

Anyway my point is. Look to your own numbers more often.
The game is to make money... as efficiently as possible.

For me (edit: for now) its outside the stock market. I bet for some others here it is too.

[redartbmud] 15/12/2017 12:15

Playing with Mm's.
Bought Dlar @£6.09975 looking for a small day trade.
in the money for now.

red

[apad] 15/12/2017 11:44

Thanks bamboo2. So, only really worth looking at volumes after hours.

Missed that in the IC, ashehzl. Dazzled by the £5.95 other folks pay for it!

Liking my puppies, red. Maybe I should by CVSG to look after them :-)

apad

[redartbmud] 15/12/2017 11:29

bamboo

Downtrend?

red

[ashehzi] 15/12/2017 11:29

Yes APAD in IC

... minnow Zoo Digital (ZOO) has a market cap of just £36m, but its shares are up more than 400 per cent in the year to date. The company looks likely to see continued momentum in 2018, buoyed by its cloud-powered dubbing and subtitling platforms. But this is not a stock for the faint-hearted; the shares trade on a sky-high forward multiple.

[apad] 15/12/2017 11:19

A G&T, a packet of jelly babies, and an audiobook about market manipulation.
Could be a plan.

apad

[bamboo2] 15/12/2017 11:17

APAD, Re BOO trades, I guess that there are buy and sell orders in the background, that will eventually result in late reported trades. These effect the price in real time.

ZOO has turned the corner, from a chart pattern pov, tp approx 65

PRSM looks set to confirm a Head and Shoulders pattern with a tp around 900-950

edit, stephen2010 filtered for multi bb ramping.

[stephen2010] 15/12/2017 11:10

Check out ALBA. Huge multibag potential.

ALBA currently trading at 0.39p target price 6p making a nice 15 bagger. Please read the following:

MARKET CAP PUZZLE
❖ Alba (market cap £8.4m) is in a resources neighbourhood populated with listed
companies with much enhanced market capitalisations, such as UKOG.L (£134m) and
JAY.L (£172m). With either shared project interests or adjacent tenements to these
companies, Alba should trade at a much higher valuation than its current token value.
Like Bluejay, Alba owns 100% of its ilmenite project. Direct comparisons with UKOG
are also instructive. While both companies own other projects, UKOG’s 49.9% of Horse
Hill Developments Limited (HHDL), when compared to Alba’s 18.1% means that Alba
has approximately one third of the value of Horse Hill compared to UKOG but only
about 7% of the market capitalisation. Once the market recognises these disparities,
the room for growth in Alba’s share price is undeniable.

VALUATION RATIONALE - Our valuation in this First Equity Limited initiation note
uses a risked valuation approach for Alba’s two main projects, at Horse Hill and TBS. The
Horse Hill licences are valued using independent published technical data from
Schlumberger, Xodus and Nutech on the oil potential of the licences, along with our own
assumptions on recovery rates, oil discovery value, resource and development risks
factors. From this a risked value of $127m net to Alba on a ‘Base Case’ basis is derived
for Horse Hill.

Given the similar geology and economic potential of both TBS and Dundas, we have
adopted a risked closeology valuation approach, by computing an NPV for Dundas of
$223m and then applying a three-tiered risked probability calculation to arrive at a value
of $54.7m for TBS. Once Alba announce its JORC resource and exploration target at TBS
and Bluejay its Feasibility Study results, this number is likely to be revised upwards very
rapidly, possibly up to $200m, representing up to 7p per share in additional shareholder
value.

We compute a valuation of $185m (£139m) for Alba, equating to 6.0p per share, of which
4.1p is attributed to the stake in Horse Hill, 1.8p for TBS. Given this analysis and wealth
of valuation catalysts anticipated across the project portfolio in the coming months, we
recommend the shares as a ‘BUY, with a Target Price of 6.0p, representing a potential
15 times plus uplift from the current share price.

[redartbmud] 15/12/2017 11:10

APAD

You appear to have developed a nose for 10% share moves of late.
BTFD?

red

[redartbmud] 15/12/2017 11:08

APAD

Thought I had tied you up with downloaded books for the day :-)

Vanl result of General meeting sometime soon.

red

[apad] 15/12/2017 10:36

PRSM is refracting red, janeann.
What have you done to it?

BOO is showing 3 million buys and half a million sells. Price hasn't moved.
Still, I can blame the algos for every anomaly now.

apad

[apad] 15/12/2017 10:31

ZOO is a perky puppy today - probably been recommended in some comic or other.

apad

[madmix] 15/12/2017 10:19

"henryatkin:

Unit trust, Old Mutual UK small companies is up 43% year to date & 80% over the past two years. One £10 trade fee, no stamp duty, no initial charge, negligible spread (sometimes zero) & just 0.8% ongoing fee.

Its up 620% since the start of 2009 & 1900% since 2003. Makes me wonder why I'm managing my own portfolio's with all the added costs & time involved."

I have roughly half of my portfolio in funds. This has worked well for me, but the main issue with small company funds is that they become a victim of their own success. Their performance tends to wain when they become too big (as a result of their gains and inflows from new investors). I have some Old Mutual UK Smaller Companies, but it's a £1.3bn fund, and looks more like a mid-cap fund now (where the likes of BOO and FEVR would reside if they weren't on AIM).

Two of my favourites are MI Chelverton UK Equity Growth B (up 103% over 3 years) and TB Amati UK Smaller Companies B (up 92% over 3 years). The size of these funds is £123m and £95m respectively, which makes them sufficiently nimble to continue their growth in the small cap sector.

[homebrewruss] 15/12/2017 09:48

Thanks Red, maybe I'll try the book too then.
Flash boys I have read and agree.

[redartbmud] 15/12/2017 09:41

homebrew

Yes, but the book is even better. You really get into the mindset of the players, and how irrationally their thinking can become. Sectors and markets disrupted and institutions destroyed as a result.

Flash Boys demonstrates the ruthlessness applied in trying to get the jump on the competition. It does explain the thinking behind dark pools and machine trading by the use of algos.

Both books are humdingers even though, or maybe because, they are about the pesky little yoodle critters.

red

[homebrewruss] 15/12/2017 09:28

The Big Short movie is a good watch too

[redartbmud] 15/12/2017 08:49

Flash Boys by Michael Lewis really drills down into the issues.
You would not believe the lengths tht some go to to gain an advantage.
It describes, precisely, your hypothesis.

red

[apad] 15/12/2017 08:24

My swapping SDX for BOO was badly timed.
SDX up 10%, BOO up 5%.
Must learn to leave well alone!
apad

[attrader] 15/12/2017 08:22

APAD, Good point on time spent on managing one portfolio.. I have few etfs and performance has been almost identical to my share holdings ..

[apad] 15/12/2017 08:21

Pirating an audiobook version, red :-)
apad

[redartbmud] 15/12/2017 08:11

APAD

Algorithms - your summary is spot on. The regulators should ban them, together with dark pools.
Rather than the oft repeated 'taking emotion out' I would say that they 'take fundamentals out' so distorting a market.

I highly recommend that you read The Big Short by Michael Lewis.

red