Venture Life Share Discussion Threads

[apad] 07/2/2018 08:59

FY at lunchtime, red - drop - buy - bounce. Maybe:-)
apad

[redartbmud] 07/2/2018 08:52

Looks like GSK wants to stay in hospital for the time being.

Hmmm...

red

[apad] 07/2/2018 08:30

Hero to zero, Panic.

Comparison. Five in the blue this morning. Mattjos is weatherlying the storm in style.

apad

[panic investor] 07/2/2018 07:16

He's not done very well lately has he

[thelongandtheshortandthetall] 06/2/2018 21:50

Could not agree more. Just texting my friend about the rocket launch.
Kinda just ignored elon... perhaps im. A Bit jealous.

Hes a legend. Just sent a tesla roadster on a mission to orbit mars and the sun for a million years!! Brilliant.

[hydrus] 06/2/2018 21:46

Elon Musk is impressive, a modern day Brunel I reckon. Not sure I'd risk investing with him mind you, but you have to admire him. He is really pushing the boundaries.

[thelongandtheshortandthetall] 06/2/2018 21:25

Thinks its coz 9.30 on the east coast is 6.30 am on the west coast.

[apad] 06/2/2018 21:22

Two's enough calories for a day :-)

apad

[cbootle] 06/2/2018 21:20

Happy today, didn't get hit too hard (4% down) - fingers crossed for tomorrow. Maybe "value growth" with a majority of very long term investors is some form of protection. ARC went down 4% without any trading whatsoever - so presumably MMs at work.

[redartbmud] 06/2/2018 21:12

APAD

Doughnuts for breakfast.
No wonder they have an obesity and general health problems:=)

red

[big7ime] 06/2/2018 21:08

Yes, Dow up 570pnts
Will be interesting to see what we are marked up in the morning

One thing I thought really odd today, I hadn't realised but the NY stock exchange opens at 9:30 and closes 4pm

Weird for USA don't you think?

[redartbmud] 06/2/2018 21:01

DD4

RWS - I topped up at 425p BEFORE the dip.
May be I should have added more:-(

Disappointed from Dudley.

red

[discodave4] 06/2/2018 20:51

Bought some RWS @ 372, rude not to as RSI is over sold and below SMA200 which is a rarity.Topped up my ENQ, down 25% in less than a week, topped up RDSB as well.....PF a bit heavy in oil but wtf.DD

[mattjos] 06/2/2018 20:44

one of mine not even moved yet, ytd.
I will be very disappointed if I am not +125-150% by calendar year end

[redartbmud] 06/2/2018 20:30

The yoodles appear to have adopted the H-L model that I tried to operate today. It would appear that many yoodles have been unable to access trading platforms for most of the day.

Hey ho...

red

[redartbmud] 06/2/2018 20:28

APAD

Has to be generalizations I'm afraid.
Look at the infrastructure of the country, bridges not maintained for years and falling apart. You don't expect to hear that.
Not all of the corporations are as modern as you would expect them to be, and there is a lot of fragmentation, but then the country is huge. East Coast different to West, North to South etc etc. Different time zones....

Specific - galvanizing plants only just moving into 21st century is a good example.
Silicon valley.

Very flash - we had a US client, where the only way to meet the audit deadline was to work an 18 hour day, and 7 days a week for the climax. Very intense, followed by a European debrief, with senior execs flying from all European bases to one location, joined by a team from the States. Couple of hours in a hotel on the airport then back 'home' on a plane.
Crazy, crazy but they lived on adrenaline.

red

red

[apad] 06/2/2018 20:26

Looks like we may well have a yoodle bounce in the morning.

GSK finished nicely down, red. Be interesting to see if my morning prediction is anywhere near the mark.

Stairway is 1.4% down on the year.

The Comparison is hilarious:
Mattjos +38.4%
apad +0.3%
janeann +0.2%

The rest are negative.

apad

[apad] 06/2/2018 20:10

I worked in LA for a while (hi-tec) and everyone got into work before 08:00.
Then they sat down together and had coffee and doughnuts together.
I.e. they had breakfast at work, not with their families.

I worked with a director of a specialist toy firm that made very accurate models for collectors. They were taken over by a major US international company. He was so excited at the opportunities, but became totally disillusioned in a year. Said it was the most inefficient company he had ever worked for.

I tend to support the view that a good little'un can't compete with a mediocre big'un.
The yoodles are certainly extremely good at polishing their image - all of them.

All generalizations of course.

apad

[redartbmud] 06/2/2018 20:04

Afterburners on for the Dow now, and the other indices.
Perverse and volatile.
Buyers creeping back in.

Ooh er missus, how will the FTSE react tomorrow.

red

[mattjos] 06/2/2018 19:59

agree with that red ... P&L is king for the yanks. They done pay much attention to the Balance Sheet.
GP, expenses, cash is where they focus. & sensibly so, imo as BS quite easy to diddle

[redartbmud] 06/2/2018 19:53

Big7

There are long lists of UK businesses that have tried to 'import' their footprint into the US and failed.
US management think in a different way and therefore plan and manage using different criteria.
Examples of big differences:
Chapter 11 Bankruptcy Rules.
The way US banks were restructured, recapitalized and moved on after the sub-prime crash. It helped the economy to move on more quickly.
US accounts prioritize the P&L A/c, whereas the Balance Sheet seems to be our key control mechanism.
Different approach to management controls, systems and reporting mechanisms.

A bit general, but it does feel different when looking inside from the wings.


red

[big7ime] 06/2/2018 19:17

Red "Send a UK management team to operate in the US on UK lines and they will undoubtedly fail." how do you mean exactly, I think I agree
I'm always wary of uk cos opening business in US as I have seen so many fail

[modform] 06/2/2018 19:07

The problem with the UK market is that it only follows the USA market on the down days and forgets to take part in the upside.The best thing about the USA market is the liquidity and the fact that you hardly ever get the dreaded message of no online quote available. Having said it was hard buying today at the bell, but managed to get some NFLX AAPL