Wpp Share Discussion Threads

[nasdaqpat] 17/5/2017 16:05

Down waves all round except for FTSE100, of course!

[invisage] 17/5/2017 11:16

Bought some XLM

[essentialinvestor] 17/5/2017 09:57

Had some more BLND, just listening to the conference call atm.

[nasdaqpat] 17/5/2017 09:48

KGF been on a bit of a roll last 3 weeks or so. Cannot countenance selling that one just in case it ever grows a pair or HD. finally puts it out of its misery. French stability and increase in inflation probably helping atm.

[essentialinvestor] 17/5/2017 09:43

Well 100% invested atm is not something I could contemplate.

Out of SKG.

[nasdaqpat] 17/5/2017 09:42

Just 900 shares EI...that's almost as much lucre as Invisage's entire portfolio. LOL!

[essentialinvestor] 17/5/2017 09:37

Hi Pat, just 900 shares atm.

[nasdaqpat] 17/5/2017 09:36

I very much doubt you are holding loads of cash...my guess is that you are now about 90% invested and up to 34 companies?

[invisage] 17/5/2017 09:24

Sadly not. Still hold loads of cash due to lack of suitable candidates.

[nasdaqpat] 17/5/2017 09:22

BLND certainly looks good value but it didn't perform well for us while we held it...could still extend its third wave in the sequence (566.5p:616.5p:576.5p:643.5p:587p:675.5p) so you may get lucky, EI.

[essentialinvestor] 17/5/2017 09:05

Added a small amount of BLND.

[nasdaqpat] 17/5/2017 08:59

Back to 100% invested are we?

[invisage] 17/5/2017 08:10

Bought some OTB time to eat TUI and TCG's lunch.

[nasdaqpat] 17/5/2017 01:14

RIO Update:-

Iron Ore closed @ $61.60mt on Tuesday 16 May, up 02.16% from Monday's adjusted level of $60.30mt. Copper traded @ $2.550LB on Tuesday 16 May, up 00.43% from Monday's adjusted level of $2.539LB. RIO's share price closed 02.68% firmer on 16 May (3019.5p:3100.5p) presumably on the back of improving metal prices and extending gains to 04.39% for the week (2970p:3100.5p).

RIO, by my methods, has now extended its (Phantom) Up wave from the current intraday low of 2882.5p on 5 May to 07.91% following the intraday high of 3110.5p on 16 May. We got our short-term target of c3084p so duly reduced our holding (averaging 3257.7p) and banked a smallish loss. We await further lows in due course, although If RIO manages c12.00% for the current wave leading to c3228p, we may well Reduce again.

[nasdaqpat] 17/5/2017 00:57

WPP Update:-

WPP's share price improved 00.35% on 16 May (1711p:1717p) so @ just 00.64% (1706p:1717p) for the 2 days now clearly underperforming on the week thus far against FTSE100.

The current intraday low remains 1651p on 28 Apr but whether that level will form the base for the next (Phantom) Up wave is unclear. If it does, I fancy the share price will improve c8.5% leading to c1791p before it resumes its alleged downward trajectory with c1446p the ultimate corrective target. If c1791p is reached short-term, then I will probably reduce our holding (our average is currently 1656.87p including costs).

[nasdaqpat] 16/5/2017 23:29

Get your facts straight you obnoxious git:-

SPX declined (05.01%) to 2084 intraday after the second segment (1992:2194) in the current Phase. That decline took place over 58 days between 16 Aug 2016 & 04 Nov 2016. The Phase as a whole has indeed run for 314 days starting on 12 Feb 2016 @ 1810. That was preceded by a 184 day, Phase correction that started on 21 May 2015 @ 2135 and produced a decline of (15.22%).

However, the glaring omission with your sound byte is the 2011 Bear when SPX declined (21.59%) from 1371 on 03 May 2011 to 1075 on 03 Oct 2011.

[invisage] 16/5/2017 22:52

S&P 500: 220 days since a 5% pullback, 314 days since a 10% correction, 2059 days since a 20% correction.

[nasdaqpat] 16/5/2017 20:22

DOW continuing to lag behind FTSE and there hasn't been much of a correlation for the last couple of weeks, at least. Its a little concerning to contemplate that, if DOW was to reach my target of c21533 before its correction and FTSE par performs from here on in, then FTSE would now reach c7714 before any significant pullback. We would still be making good money but would do poorly against the various benchmarks. Ce la vie!

FWIW, FTSE @ the intraday ath of 7534 has now put on 06.16% for the fifth segment in just 17 days and 36.98% for Phase 1 and the cyclical Bull as a whole in 317 days. My segmental target remains c7594 but it does now look like this level will be overshot.

[nasdaqpat] 16/5/2017 16:54

Our 30 company portfolio was Up 00.24% today. Cleared out all our Long Trackers in both SIPPs but reduced a little on XUKS in cash accounts to partially compensate. Also, Added to BTG but Reduced on RTO, RIO & GSK. Overall stock level decreased substantially to 59.8% (13.9% of which is on the short side).

[nasdaqpat] 16/5/2017 12:27

Gateside,

Is that 10% or 15% cash now then?

[essentialinvestor] 16/5/2017 11:44

Had over 30,000 of TET which from memory I sold at 1.64 (.

I was about the only poster on the TET board for a time,
a little different now, and so is the share price

[invisage] 16/5/2017 11:38

Bought some TET

[gateside] 16/5/2017 10:53

When I made top ups the other week to ABF, PZC, NG. & bought BRWM, my cash is now much less than 20%

[invisage] 16/5/2017 08:21

Sold RB. laggard in my port

[nasdaqpat] 16/5/2017 08:00

Gateside,

Have you double-checked that you are discounting your cash from your current portfolio projection? Am I right that you are holding about 20% in cash?