Venture Life Share Discussion Threads

[hydrus] 11/10/2018 08:25

BVXP looking interesting. If it gets taken right down because it's seen as a highly rated growth stock then I'll back up the truck. Paid equivalent of 4.3% dividends at current price and is high quality on every metric.

[apad] 11/10/2018 08:23

Fever-Tree, the world's leading supplier of premium carbonated mixers, announces that on 10 October 2018, Kevin Havelock, a Non-Executive Director of the Company, bought, in aggregate, 8,240 ordinary shares at a volume weighted average price of 2,948 pence as set out below.

Date of acquisition

Shares purchased

Price paid per share

10 October 2018

2,368

2,955 pence

10 October 2018

1,721

2,904 pence

10 October 2018

1,638

2,930 pence

10 October 2018

1,340

2,984 pence

10 October 2018

1,173

2,983 pence

In addition, the wife of Kevin Havelock purchased 675 shares at a price of 2,972 pence.

[hydrus] 11/10/2018 08:20

Think I'll leave it at that today

[big7ime] 11/10/2018 08:19

It’s only one director apad, and a non exec at that

[hydrus] 11/10/2018 08:16

Bought HLMA

[apad] 11/10/2018 08:04

Bunch of director purchases of FEVR this morning.
Still a conviction buy for me - "What's love got to do with it..."

apad

[mattjos] 10/10/2018 20:55

am taking opposite tack to everyone on here with regards TRT .. I have determined it is dirt cheap and so have now stepped up my buying after the latest results.
Two II's have recently concluded same as me it seems.

[big7ime] 10/10/2018 20:55

Four and a half million per outlet. Would you pay that for a cake shop. Ffs, it was going to crash anyway.

[hpcg] 10/10/2018 20:34

cbootle - thanks for reposting your CAKE observations. When it listed it seemed to me like it had limited roll out potential, wealthy areas, city centres, possibly tourist heavy market towns. Wouldn't have believed they would get to so many outlets, nor the rate of payback. Extraordinary to read this afternoon that the directors could not even have known HMRC had filed against it near enough a month ago. It would not surprise me if it was found out that the store payback period was a work of fiction. I think there is still a good case to be made for a qualitative sniff test even if the financial statements look solid.

[dan_the_epic] 10/10/2018 20:32

FFI might suit some here. Real value in the current environment. Good long intellectual piece written on stockopedia today

1. Earnings growth, ideally over several years - not really as I wouldn't include acquired growth
2. Good margins / strong profitablility yes
3. Preferably no debt, although modest gearing can be acceptable yes
4. Modest p/e ratio, say between 3 and 15 (perhaps up to 25 if the opportunity is exceptional) yes, 5x
5. Ideally being traded at a discount to NAV, although a low ratio can also be acceptable borderline, 83% of capitalisation in net assets
6. Good management mixed, need longer track record
7. Pays a dividend no
8. Deep "Moat" (defendable market position) yes

[janeann] 10/10/2018 20:27

apad - trt and thal tought me to never fall in love with a share. To illustrate that I currently have no prsm. I bought a few yesterday but sold this am out of fear of being out of pocket. No doubt you wont yet be out of pocket on any recent purchases but it seems to me that you are besotted by fevr; not a healthy position and based on the dow we are in for another rough day tomorrow.

[apad] 10/10/2018 19:15

Hydrus, also not convinced it is a bear market, but not at all positioned!
🙃💕💕💕A279;

[apad] 10/10/2018 19:02

This is so interesting.

I'm not sure if I am capable of learning anything new!

I will never sell FEVR, unless I think the story has changed.

I don't care what anybody thinks it's worth, I just want to own all of it.

Clearly I will be wrong footed in the evolving story. I just have been - big time.

I'm not a trader (wish I could do that!).

Alternatively, I could cosset a pile of pound notes.......


apad😎

[hydrus] 10/10/2018 18:56

Still not entirely convinced this is a bear market but positioned in case it is! Starting to sniff at one or two things but holding fire for now.....

[hydrus] 10/10/2018 18:53

All sensible Big can't fault your logic. I do agree you have to stick to your principles and an approach that works for you. Thanks Mod. I sold 20% AMZN couple weeks ago but I'm holding on to the rest. Glad I exited EB as that's tanked. Sentiment gone a bit.

[big7ime] 10/10/2018 18:45

Hi Hydrus, I was talking about today and the recent volatility giving PI investors difficult decisions. If you have your money in funds like some are going over to here you don’t know how it’s spread so ind stock prices are less of a concern. I have more down than up but I have been adjusting my folio to more defensive plays such as utilities and in money terms managed a small rise. I have been switching the past 18mths or so. The falls this week have been in stocks favoured by those here

Im not saying I’m immune, had some big drops today - ANTO, BVXP and have held some I feel I should have got out from but heh ho.

You’re right, my performance will not have been nearly as good as some make out on here and I missed out on some big risers the likes of ZOO but a lot that raced up I prefer to stay away from, the likes of PRSM. Just because something is rising is not my philosophy for investing so will always miss out on loads. That’s fine with me. I see PRSM going right the way back.

Looking at it your way, I also missed out on crypto currencies, some things I will never invest in, as I would not forgive myself if I didn’t manage to exit before the crash that inevitably comes with such investments. I’m more a contrarian than follow the craze that is trending.

If you do well at the casino, you need to cash in before you inevitably lose it again which I know you have been doing Hydrus so well done. APADs strategy is to run his winners also not wrong but I’m interested to see when he decides FEVr is no longer a hold as I have been saying all along the value is mad.

Woodford May come back from the dying after all the derision here

[modform] 10/10/2018 18:39

HydrusFYI, I have now sold all my USA stocks, the last ones today at the bell, SQ and half of my AMZN.

[hydrus] 10/10/2018 18:08

To be fair Big you also missed out on huge gains by avoiding those stocks. Be interested in your portfolio performance if you wish to share? Good to see how a defensive approach has fared over longer than just a week ;)

[big7ime] 10/10/2018 17:56

You can see why it’s easier to hold funds long term than individual stocks
APAD, did you sell any FEVR today?

[big7ime] 10/10/2018 17:52

High performers of late being hammered again. On balance my pfolio has actually gone up today, as didn’t have many high performers ;)

or as I prefer to think - didn’t get caught for many bubble stocks.

[hydrus] 10/10/2018 16:30

Very very severe sell off now and not looking amazing over the pond. Will we see a snap back up? I'm not convinced now as this feels odd.

[thelongandtheshortandthetall] 10/10/2018 15:48

Fraud at CAKE is it.
Never liked that they were going to buy a company that was also owned by the top dude.
kind of didn't feel they had the shareholders interest in mind on that one. that news came out on Jan 2nd so too late to take off my comp selection.

Very pleased I didn't have any money in there. It'll further decimate my already poor performing comp 5 though. Oh well. Terrible for shareholders mind. Just another good reason for me to continue with funds and trusts. I consider them a tracker but made up of the worlds best stocks.

[hydrus] 10/10/2018 14:05

APAD - Had a little snifter of QTX for my new income portfolio. I think under £2 is maybe a little unrealistic. Only a bit though as still don't think it's dead cheap - perhaps about PE of 17 or so for this year. However high quality company with decent dividend.If it drops a lot more I might take a little more. I've given up watching my portfolio I just assume it's red and will be every day ;)

[toptrump1] 10/10/2018 13:59

Bad publicity on the tv the other night regarding being eco unfriendly