Wpp Share Discussion Threads

[essentialinvestor] 08/5/2017 08:58

Pat, the move was following round one imv, that sealed the Macron win.

[nasdaqpat] 08/5/2017 08:56

A little surprised at how tepid the response is to the Macron win but it may well be that his election is perceived as bad for the UK as we now have another adversary to contend with in the exit negotiations.

My wife and I voted Out but I'm actually wondering whether the Europhiles have been right all along and a Federal Europe is the right way to go. The UK should, perhaps, have been more forthcoming in its participation within the EU. Obviously, De Gaulle's attitude did not help. Clegg is right about the additional sovereignty afforded by membership and the UK would save a lot of money if resources were pooled in the area of Defence. The EU certainly needs reform but we Brits are an obstreperous race and I do hope we haven't cut our noses off to save our face when voting to Leave.

[essentialinvestor] 08/5/2017 08:44

A rather rapid one!, just a few hrs ago we were going to soar ).

[nasdaqpat] 08/5/2017 08:24

Talk about a U-Turn, Invisage...still, I think you may have made a prudent move.

What is that now, 32 companies and about 80% stock level?

[invisage] 08/5/2017 08:10

Sold out of VUKE and VERX raising a significant amount of cash.I think very likely we get a correction in coming weeks / over the summer so hold a decent chunk of cash and less exposed to stronger pound hitting my port.I do think the markets are going higher though over the next year or so.

[nasdaqpat] 08/5/2017 07:16

Interesting news on AEG, although I'm not sure it will help the share price by divesting the only part of the business that is currently making a profit. AEG is no longer in our portfolio but I will continue to keep an eye on developments.

[nasdaqpat] 07/5/2017 23:48

I see those FTSE100 futures are soaring then, Invisage...up all of 6 points.

Ooooh, I'm really scared now, maybe I should close those shorts first thing AM.

FFS!

[invisage] 07/5/2017 21:36

Haaaa I only asked you a question pat. No need to lose your shirt over it.

[nasdaqpat] 07/5/2017 20:48

I think you've been fawning over a couple of has-been geriatrics too much, Invisage.

You seem incapable of understanding, let alone appreciating, other forms of investing techniques other than LTBH. Furthermore, you seem obsessed with peddling your own view of the world to the extent that I now think you must be a Mormon priest or some such; either that or you need psychiatric help.

[nasdaqpat] 07/5/2017 20:26

No, of course I won't be closing our FTSE shorts, not least because FTSE futures haven't even opened yet. IG's Sunday FTSE100 is showing 7352 to sell which is not unexpected and is hardly soaring. In any case it would be great for us (if it follows through to tomorrow) bearing in mind we have 1 part FTSE short to 6 parts FTSE Long in our portfolio.

[invisage] 07/5/2017 19:12

Macro elected French president. Futures soaring.You going to close your ftse short pat?

[invisage] 06/5/2017 15:29

You should watch Berkshire agm pat it's on now

[nasdaqpat] 06/5/2017 09:18

A similar exercise for WPP might also be of interest. Its share price appears to be in a correction following the ath of 1928p on 2 Mar and I think it might ultimately decline (25.00%) to c1446p in conjunction with a market wide correction.

So far, it has visited 1637p on 22 Mar whereupon it rallied 8.4% reaching 1774p on 04 Apr. That looks like a Phantom wave to me with further lows to follow and, subsequently, it has already visited 1651p on 28 Apr.

I suspect that WPP's initial Phantom will be a 2 sub-wave affair and we could see a c8.5% rally from the higher low of 1651p leading to c1791p before it resumes its alleged downward trajectory.

Our average is currently 1656.87p (including costs) and I intend to reduce at around the short-term targeted c1791p. If, on the other hand, it initially moves to c1610p or lower then we may well Add depending on wider market dynamics.

[nasdaqpat] 06/5/2017 08:54

Decided to abandon the RIO thread as its full of noise & no-hopers but reckon Gateside & I might like to keep up to date with IO & Copper prices and maybe speculate on RIO's share price movements:-

Iron Ore closed @ $60.89mt yesterday, down (03.96%) from Thursday's $63.40mt. Copper traded @ $2.529LB yesterday, up 00.68% from Thursday's level of $2.512LB.

It remains to be seen whether yesterday's intraday low for RIO of 2882.5p will form the base for the next (Phantom) Up wave. If it is, I fancy the share price will improve about 07.00% equating to a short-term target of c3084p; whereupon I will likely reduce our holding which is currently averaging 3257.7p.

[nasdaqpat] 05/5/2017 23:22

Everything going swimmingly well for the Videans!

More profits made while the markets get overheated, substantial safety net still in place, all going just as I expected on my revised model.

You matey, on the other hand, are likely to get burnt!

[invisage] 05/5/2017 22:54

New all time highs for s&p500 tonightHow do you like them apples pat?

[invisage] 05/5/2017 19:59

Agree 34 companies

YTD + 5.6% plus several dividends still to come

[gateside] 05/5/2017 19:00

+0.48% Catch up with you after the weekend.

[nasdaqpat] 05/5/2017 17:17

The pundits had been talking about $45 NYMEX, EI, and it touched $43.76 overnight/early doors so that could be the low point of a trading range, perhaps
$43:$51 for the forseeable.

[nasdaqpat] 05/5/2017 17:13

The calendar year performance table is shown below :-

FTSE250~~~~~+09.86%~~(18077:19700 + 00.88% Dividend Yield)
Invisage~~~~+05.60%~~(Portfolio very strong on Tuesday)
FTSE AS~~~~~+04.62%~~(3873:4007 + 01.16% Dividend Yield)
FTSE100~~~~~+03.40%~~(7143:7297 + 01.24% Dividend Yield)
Videans~~~~~+02.68%~~(A few companies holding back portfolio)
Gateside~~~~+00.48%~~(Another poor week although Friday was good)

Re-bought 5 companies during the week (BRCI, SBRY, SGLN, STAN & XAR) so our portfolio now consists of 28 companies. Overall stock level has risen to 66.2% (albeit 6.2% is represented by XUKS) from 63.1% at the start of the week.

[essentialinvestor] 05/5/2017 16:58

Looks like a dead cat bounce in crude to me, however reserve the right
to be wrong ).

Sold the WG. bought at the open before the close.

[nasdaqpat] 05/5/2017 15:41

Maybe a little light on the Commodities side so re-bought a wee wedge of BRCI taking our company tally up to 28. However, Added to XUKS (the short side tracker) earlier so, although our overall stock level has gone up to 65.9%, the short side claims 6.2% of it.