Venture Life Share Discussion Threads

[hazl] 25/8/2018 09:43

Interesting approach dacian.

[redartbmud] 25/8/2018 08:31

Hydrus

Thanks. Utilities are now 'off balance sheet' assets of Government, funded by the shareholders, Dividends will be severely curbed in future.

Is the Aston Martin IPO worth a punt? If H-L are touting for investors should we be wary?

red

[hydrus] 25/8/2018 06:44

Attrader I have indeed and was briefly a member. I actually think that AIM is such a good exchange (granted there is some absolute gubbins on it) that there are plenty of opportunities here. Most of the companies discussed were American and I didn't find any I liked. Red - wise words and no doubt you are right. I've not really thought about large caps before, including utilities,so my analysis is superficial.

[lauders] 25/8/2018 03:53

Let me know if you learn how to be patient!

Me too! The only share/company I have ever been patient with is Aviva. Held since flotation and the dividends have paid back multiples of my original cost. Just a shame I didn't have funds at the time to buy a load more. Still I can't complain.

On the other side of the coin, I have been patient with SIA and NANO too and that was a mistake! Luckily the sums involved are not too high on either but they are an obvious blight on the portfolio when looking at the "performance". Knowing when to sell is the really tricky bit thetrophyman, after having bought the right companies of course ;-) In theory, if the latter is correct, the former may not be necessary until the funds are really needed one day long into the future. Always reminds me of another ADVFN poster who bought big into CKN and has also done very well off dividend whilst seeing the share price recover from the 700-800p area to its current offer of figure of around 2800p.

Bit like Apad with BVXP I suppose!

EDIT - Came across this piece which I hope most/all of you are able to access (worth subscribing free if not):

This part sort of sums-up what I said and what some here seem to practice: The worst possible reason to sell a position is to crystallise a profit. By all means sell it if you got it wrong or something has changed. But if something is winning for you, stick with it. My experience has always been that the winners produce the nice surprises and carry on winning. But with losers you seldom gain back what you lost.

[thetrophyman] 24/8/2018 23:24

Ha Hydrus, thanks and maybe some day :) thanks thelongandtheshortandthetall. APAD, such wise words. Having turned my portfolio over already since inception in June, I'm way off the patience thing :), redartbmud... you've been talking to my ex? ;) and janeann... forgive me but what's *catching the falling knife* ? A metaphor or charting speak :)

[redartbmud] 24/8/2018 22:13

Hydrus

Yes, Corbyn is a fly in the ointment but from my observations and the questioning various executives at a number of utilities:
1. The Regulator has them by the short and curlies, and is squeezing very hard.
2. The Government is very much driving the Regulator in this matter.

red

[attrader] 24/8/2018 21:59

Hydrus, i am sure you have come across these guys hxxps://microcapclub.com/ Forum for investing small cap North American quality companies.

[hydrus] 24/8/2018 21:38

Cbootle it looks good - great track record of increasing dividends. I'm a bit of a wuss though and can't bring myself to invest in military or tobacco companies. Red - yes utility companies have too much political risk currently for my liking. As soon as Corbyn goes that risk probably disappears. Will take a look at clig Jane.

[apad] 24/8/2018 21:29

Watched
"Leon Boros on achieving exceptional investment returns interviewed by Tamzin Freeman"
Big7.
See what you mean about overlap, Big7.
But what a nice man - straightforward, not selling anything, honest, and he rates Terry Smith!
Thanks,
apad

[janeann] 24/8/2018 21:28

hydrus - have you looked at clig. a somewhat strange emerging market it where the founder has decided and published the levels at which he intends to sell his stake. pays around 5% - I have a small holding.; capital growth recently has been small.

Patience - very challenging; especially waiting for a share price to fall and start to recover before catching the falling knife.

[redartbmud] 24/8/2018 20:36

Agreed, we are all still learning, and often feel inadequate.


Hydrus

Do you discount Utilities from lists, on the basis that they are over regulated and subjct to political whim?

My Vod strategy in tatters, for now. too many on my hands:-(

red

[apad] 24/8/2018 20:34

thirded
The idea and the data are important, not the author 😊
A community of practice isn't a hierarchy.
Let me know if you learn how to be patient!

I think Boros found BVXP very early on - way before I saw the Peter Harrison video that blew my mind.
I'll have to find the video!
apad

[cbootle] 24/8/2018 20:22

BAB gave a yield of 3.96% and appears well run (have a relative in middle management, and she's very happy with the company). Undertakes construction and training for government projects (navy, air, nuclear etc).

[thelongandtheshortandthetall] 24/8/2018 19:55

seconded..:)

[hydrus] 24/8/2018 19:41

Thetrophyman - we are all learning and always will be. The minute we think we know enough is the time to stop investing. Feel free to post whenever I'm sure your thoughts will help us.

[multibagger] 24/8/2018 19:38

Boros10...posted today on ARC

[thetrophyman] 24/8/2018 19:37

I have to say, I'm always fascinated reading this board, such a refreshing change from most. You're all so generous with your thoughts and ideas ... although I do feel guilty reaping the information without being knowledgable enough to contribute. At the moment, I'm trying to learn patience, would like everything to happen right now and to grow my small portfolio, I have time on my side but just feel I need to throw all my money at it right now. So many investable companies and not enough money to invest... Anyway... thanks all.

[hydrus] 24/8/2018 19:15

Leon Boros posts on ADVFN Big. Can't recall his handle but it's Boros something. Seems a decent sort.

[big7ime] 24/8/2018 18:56

Leon Boros also associated with Sapia ptners who have been building a position in IKA

Just been watching an interview with him on Piworld and amazed how similar he is to APAD
His investments, language, philosophies etc , is it you APAD? I wouldn't be surprised

[hydrus] 24/8/2018 18:50

I held it until about 6 months ago APAD I think we discussed it and I felt it was going nowhere. Not a bad company at all. Dividend cover bit weak and for my income portfolio I'm looking for some large cap recession proof stocks - the small cap spots are taken!

[apad] 24/8/2018 18:22

Hydrus, QTX is a small company in a very competitive field that is well managed.
Yields 4%.
I am keeping it for the yield, in addition to the french and US growth potential.
Net cash positive.
Divi up from 11.20 to 13.50.
Could be your sort of company as it is easy to understand and the management are crystal clear.
My gain is down to 14% under the current price pressure. It is refusing to bid for low margin insurance business. Down from 380 to 350 YTD.
apad

[apad] 24/8/2018 17:45

Understood, Hydrus. Something of a Terry Smith in there, perhaps.
Where such an approach comes into its own is after a genuine crash.

Large cap opportunities do come along, but not often enough.
I bought RDSB in Jan 2016 at 1411.1781377p and the divi is in dollars!

apad

[hydrus] 24/8/2018 17:11

One final post - I feel sorry for fund managers. It is utterly futile trying to get an edge when looking at large caps. I am not enjoying using an approach with rigid set criteria but I believe that's the right approach when trying to construct a bomb proof long term income portfolio. My preference will always be smallcap high quality growth companies where retail investors have huge advantages. Much more fun and needs more of an element of judgement. However - due to where my portfolio is now I'm at the stage where it would be sensible to reap some long term resilient income from a portion of gains. So boring but necessary.

[hydrus] 24/8/2018 17:04

Oh and sorry I've reclassified BVXP and GAW as income stocks (of course in reality they are high quality growth companies that pay a dividend)