Venture Life Share Discussion Threads

[apad] 29/3/2018 09:20

29/3/18
CSN results are very solid as usual. Current share price yield 5.3%. Very good value.
Looks under rated to me. In daughter's ISA.

“All divisions have made significant contributions to cash and value generation.  The UK business had again generated cash ahead of expectations and Movestic continues to deliver significant growth, which has resulted in further cash generation.”

What happened over the ex div period last time might be informative, red?
I sort of remember that large caps tend to be marked down by the amount of the divi and then drift back up again. Mind you I have a memory like sieve.

apad😎

[redartbmud] 29/3/2018 09:06

Am I trying to be too clever in my Lloyds buy?

10,000 shares @64.5p
Xd on 19 April 2.05p = dividend £250 ie. 3.85% annualised return.
Sell at 67.5p would give another £250.
Is it possible to achieve both in a 6 month period?

Hmmm...

Pondering from Poole.

red

[mattjos] 28/3/2018 21:56

I agree Hydrus .. my business life tells me that USA is going gang busters right now.Quite the opposite in the U.K. right now.One indicator I look at is the amount of email marketing & cold calling companies do .... when you are on the receiving end of noticeable uptick in those, you know business is slow.It is at ridiculous levels in the U.K. right now

[bamboo2] 28/3/2018 21:48

Apad, re DOTD, assuming the trend is up beforehand, the potential turn will be down. It sounds so simple, yet from my experience trading a turn can prove quite tricky.

Sometimes you have to wait a few days to be able to recognise the turn has actually occurred! I'm not trading DOTD, just monitor and chart as a research project [will update next week].

That said, I have managed to do quite well combining these apex based turns with historical support/resistance and chart patterns in the stocks that I do trade.

[hydrus] 28/3/2018 21:20

Mattjos - personally I see significant differences between USA and Western Europe. Macro predictions are not my thing generally but I'd expect the USA to be the world's leading economy indefinitely. That's cultural more than anything.

[hydrus] 28/3/2018 21:10

You've answered before I asked ;)

[mattjos] 28/3/2018 21:07

The net effect of globalisation, as I see it, is that Western living standards are mainly going to stagnate until such time as the likes of China, Vietnam, India catch up.That is hard for most people to accept in the West .. they are conditioned to assume rising living standards every year. Cheap debt has been used to try and keep those living standards rising but, the end of cheap debt & rising cost of debt servicing is going to cause more and more folk in the West to finally understand the reality of the situation.I believe the next round of debt deleveraging is just starting in the West as the majority rush to pay off more debt as rates rise.Graduates are tapped out before they even get started .. student debt & rental costs + accelerating pension costs.I don't see a dramatic global collapse but, I do see many years of Western stagnation ahead & that will cause many companies to fail .. this is just the start

[hydrus] 28/3/2018 21:07

Bamboo you have no responsibility to anyone on here. You post your thoughts and it's down to others to do what they wish with that. Someone earlier said I'd 'tipped' ZOO - first I knew about that. Don't believe I've ever tipped anything. I've certainly never invested myself based on a 'tip'. 90% of the fun is researching new ideas. Mattjos - are we at the start of a wider trend or end of a phase of the weak ones being eliminated? I suspect it's the former, particularly on the high street.

[mattjos] 28/3/2018 20:59

There is a confluence of factors all now affecting businesses:-Minimum wage increases-Pension contributions-NIC is already a big additional burden on top of wages-Labour market is tight and increasingly companies having to use recruitment firms to find staff .. that is costly-Business rates are unrealistically high & a killer if you need space-Rate rises are only just beginning but will increasingly hit those with debt-inflation is rampant eg. Ford Transit van has virtually doubled in price in last 10 years & now older models will be punished for their non-EU6 compliance-consumer discretionary spending is weakeningI could go on and on .. commercial insurances are crippling

[bamboo2] 28/3/2018 20:52

Big, re Head and Shoulders. Statistics say 55% of H&S patterns meet their respective target prices.

There are currently many potential H&S patterns in other shares eg TAP, XLM etc but despite confirming as valid, some will pull back and not complete to target.

The pattern is typical of shares where price has done well and is subject to profit taking.

re GAW H&S, Price has hugged the neckline, only breaking free today. It does not look like a clear break yet.

I try to limit what I post on advfn to avoid misunderstandings and hope that you are able to recover your position. I hate to think that anyone would lose as a result of something I had posted.

[hydrus] 28/3/2018 20:51

Fascinating that after years of pretty much zero bankruptcies there are now loads coming out woodwork. Many retailers (Conviviality look gone based on RNS today) but also Carillion and others. Have they just been zombies surviving on cheap credit? Is it to do with higher business rates, minimum wage increase? Or weaker consumer demand? Which companies are next.....

[hydrus] 28/3/2018 18:07

Big I don't follow charts. Having read Free Capital by Guy Thomas (must be one of around 200 investment books I've read!) though I do get it is possible to make money trading. One guy in there was doing very well trading. I think your investment style needs to align to your personality/strengths. Mine is getting excited about small/micro companies that I think will grow very quickly and turn into high quality larger companies. I can't trade at all. Currently reading 'Baruch my own story'. Will report back at some point.

[apad] 28/3/2018 17:52

"Moving on to review the outcome for 2017 in terms of our Fund’s strategy. As you hopefully know by now, we have a simple three step investment strategy:
• Buy good companies
• Don’t overpay
• Do nothing"

Terry Smith

[big7ime] 28/3/2018 17:46

That chartist Bamboo cost me on GAW
Do they get a majority of calls right? Must be pretty slim if they do.
Good job I kept half
Does trading really pay? Or is it a bad personality trait of those that have to fidget rather than having the patience to do nothing. Less is more

[apad] 28/3/2018 17:45

FWIW
"StockMarketWire.com - Utility companies were in demand after broker Exane issued a research note on takeovers and breakups which included reference National Grid (NG.) and other sector players."

[apad] 28/3/2018 17:40

Off-Topic.

When Blair was a young lawyer he was known in the practice as Miranda.

"How beauteous mankind is! O brave new world / That has such people in't!"

Unfortunately he was looking at George Bush.

apad😊

[redartbmud] 28/3/2018 17:34

Lloyds
They have a lightening zipper in charge:-)
No problems. Brunette, Blonde, Redhead or no hair.
All the same.

red

[apad] 28/3/2018 17:30

LLOY on its journey into becoming a building society has to be a safe trading stock, I reckon, red.

When the penalties stop and it converts its buildings into software systems....Gulp! Hope its management is up to it.

apad😎

[redartbmud] 28/3/2018 17:07

Question - Why have Utilities rallied so strongly. I doubt the rise was forecast in the charts, and sentiment is stacked heavily against them?

I was brought up in the buy hold era, so I find it difficult to let go. If the fundamentals in the story change then the position should change. The world is far more short term in all aspects of life and business than it was 20 years ago.
Just a general thought.

APAD
Rsw needs more polishing of late, but still a star. One of the few to 'hold forever' or as long as Sir David McMurtry.

A fool and his money are soon parted. Lloy @ 64.5p was too tempting!!
janeann - 10k out of petty cash, and adding to an existing holding, so it falls within the rules. 67p would be a convenient exit point:-)

red

red

[big7ime] 28/3/2018 16:54

Early days. I think the instiis were putting off buying, catching a falling knife and all that - must have hit a trigger on the charts today and they've all piled in. I expect a short retrace then it's off to the races

Trying to make sense of share prices is a waste of time, but sometimes it looks obvious and you wonder why the mkt hasn't caught on. Then it does but rarely when you want it to

Was exactly that situation with IQE at sub 20p and at present AMER at 15p
Will it be 45p next yr or even this yr? Probably

[apad] 28/3/2018 16:27

Pretty bloody good timing on utilities, Big7!
apad

[big7ime] 28/3/2018 16:20

Swings and roundabouts

[big7ime] 28/3/2018 16:16

Buy value and hold. Difficult in practice - I have been offloading where I feel they have risen too far, to buy selectively such as PNN the other day. Having discussed it here I split a purchase PNN,UU.,NG.
Also been lucky on SHP but the timing wasn't so perfect