Wpp Share Discussion Threads

[nasdaqpat] 16/6/2017 21:19

No problemo!

[gateside] 16/6/2017 20:20

Over the next few months, going to be away travelling a fair bit. Will update portfolio when I have access to data. Also any updates won't necessarily be on a Friday. Normal service will be resumed in mid August.

[nasdaqpat] 16/6/2017 14:29

The calendar year performance table is shown below :-

FTSE250~~~~~+10.72%~~(18077:19816 + 01.10% Dividend Yield)
Voldemort~~~+09.10%~~(Ghost Portfolio 0.66% Up - Extraordinary!)
FTSE AS~~~~~+06.92%~~(3873:4085 + 01.45% Dividend Yield)
FTSE100~~~~~+06.04%~~(7143:7464 + 01.55% Dividend Yield)
Gateside~~~~+04.54%~~(Slightly outperformed FTSE100)
Videans~~~~~+03.15%~~(A good week, being very cash rich helped for once)

A lot of chopping & changing of our portfolio on the week - arguably too much - but mostly beneficial (notably apart from selling CPI too early) and we ended up with 31 companies including the Short Tracker XUKS (untraded) and both Long Trackers (VUKE & L100) have now been re-introduced.

Our overall stock level has increased to 60.4% (including 16.1% on the short side) from 48.9% at the start of the week. Our net Long position, therefore, is currently 28.2% of portfolio with 39.6% in Cash. However, with FTSE100 having apparently started a correction, Adding to the Long side may turn out to be a mistake but equity markets (guided by the dysfunctional American markets) remain as unpredictable as ever so who knows.

The lack of real volatility (although NASDAQ now showing some signs) in these markets coupled with the absence of much needed weakness is a complete mystery to me and suggests a controlling influence which needs to be investigated and appropriately dealt with in due course.

[essentialinvestor] 13/6/2017 10:39

The Wood Group vote on AMFW is this week from memory.

The SFO potential threat is perhaps best kept in mind.

The risks were outlined clearly by WG. In the deal prospectus,
available to read on the Wood Group investor relations site.

I very much like WG longer term.

[nasdaqpat] 12/6/2017 17:59

Gateside,

I'm pleased you are still carrying on with the competition (leaving it this late, I assumed you had defaulted) but right now I'm keeping my thoughts to myself. I might feel differently in a few weeks time.

[gateside] 12/6/2017 17:30

Pat... Do you reckon the uncertainty in UK politics will hurt the FTSE250?Happy to stick with my $ earners for now.Another general election in 18 months maybe, is my guess.

[gateside] 12/6/2017 17:28

Friday's closing portfolio for me was +5.15%

[nasdaqpat] 09/6/2017 16:02

The calendar year performance table is shown below :-

FTSE250~~~~~+10.47%~~(18077:19770 + 01.10% Dividend Yield)
Voldemort~~~+08.44%~~(Ghost Portfolio (0.72%) Down)
FTSE AS~~~~~+07.62%~~(3873:4112 + 01.45% Dividend Yield)
FTSE100~~~~~+06.93%~~(7143:7527 + 01.55% Dividend Yield)
Gateside~~~~~+05.15%~~(Mon-Thu not so good, vg Fri)
Videans~~~~~+03.11%~~(OK Mon-Thu, very bad Friday)

Re-bought 11 companies during the week (BT.A, BTG, CBG, CPI, SGE, SMP, SSE, VUKE, WPP, XAR & ZYT) and Bought WG. for the first time so we now have 28 companies including the Short Tracker XUKS.

Consequently, our overall stock level has increased to 48.9% (including 16.1% on the short side) from 29.4% at the start of the week. Our net Long position, therefore, is currently 16.7% of portfolio with 51.1% in Cash.

Today's 'Return of the Heavyweight Dollar Earners' event did not help our portfolio with most domestic focused companies reeling from the GE result. #binparties

[gateside] 07/6/2017 21:30

EI - yeah I enjoy reading that bb, many good conversations. May start just posting there, as Pat is no longer posting here.

[essentialinvestor] 07/6/2017 11:29

KGF down sharply over the last week, have bought a very small amount,
however not high conviction by any means, it had reached my buy price.

[essentialinvestor] 06/6/2017 11:21

Some of the UK focussed stocks beginning to be hit.

[essentialinvestor] 05/6/2017 22:27

Made a similar point on the SHA board, a landslide would be unhealthy.

Have £650 on a Tory overall majority, and admit thought that was in the bag
at one stage.

Most of the final polls will be published tomorrow and Weds, Mori usually
release their last poll on Thursday morning, then eyes down for the exit polls
at 10.00pm.

[gateside] 05/6/2017 21:57

If we have to have the Tories, I don't want them to get a landslide. That is why I feel Labour have done well and the Lib Dems have been squeezed. Think people were horrified when they say the Tories with a 24% lead in the polls a few week ago, hence the swing to Labour. Also as May have been avoiding the public wherever she can. Hardly a good trait!If Labour can mobilise the youth vote then it could be very close.

[essentialinvestor] 05/6/2017 17:42

Well I added a few LAND and BLND this morning, might be unwise.
LLOY did not quite get to my next buy level.

Gateside, what concerns me is this long list of LAB promises is
proving popular, abolishing tuition fees resonates with many younger people
and some families with kids. On Friday it was a VAT cut proposal, today it's more affordable housing..

[gateside] 05/6/2017 12:53

EI... Think the Tories will get a majority. Not my preferred wish, but will be good for the Markets.

[essentialinvestor] 05/6/2017 09:35

Some of my UK domestic holdings will be hit badly on any loss of a Tory
overall majority - LLOY, LAND, BLAND, GPOR.

I also trade the above. On LLOY as an example would expect the share price near 60(or below)
on a LAB minority government.

[gateside] 03/6/2017 18:48

Portfolio is +5.05%

[nasdaqpat] 02/6/2017 16:34

The calendar year performance table is shown below :-

FTSE250~~~~~+11.75%~~(18077:20003 + 01.10% Dividend Yield)
Voldemort~~~+09.16%~~(Ghost Portfolio Up another 0.54%)
FTSE AS~~~~~+08.06%~~(3873:4129 + 01.45% Dividend Yield)
FTSE100~~~~~+07.22%~~(7143:7548 + 01.55% Dividend Yield)
Gateside~~~~+05.05%~~(Underperfomed on week due to weak Resources/Utilities)
Videans~~~~~+03.59%~~(Individual companies in SIPPs underperformed)

Decided to sell off most of our companies today as they were starting to underperform and market wide top may be close if not already in. If Tories get a majority then FTSE may peak on Fri 9 Jun but today's 7599 could equally be top of Segment/Phase especially if there is a hung parliament which now looks quite likely.

Apart from the FTSE100 short tracker XUKS, which was actually slightly ahead on the week for us, we are now just holding 15 individual companies (BARC, BRCI, BVC, CCC, ITV, JMAT, KGF, LLOY, RTHM, SBRY, SGLN, SHP, SPT, TNI & TRD). Our overall stock level has declined to 29.4% (including 13.8% on the short side) from 39.8% at the start of the week. Our net Long position, therefore, is currently just 1.8% of portfolio with 70.6% in Cash.

[essentialinvestor] 02/6/2017 10:12

Crude selling off very sharply again.

[gateside] 01/6/2017 18:22

May has had a dreadful campaign.

[gateside] 01/6/2017 18:21

Tories loosing majority could really dent the pound, which would boost my portfolio.

[essentialinvestor] 01/6/2017 18:03

Some of the domestic UK stocks are beginning to catch some nerves with
polls continuing to tighten, ITV, BT.A today as examples.