20i Domains

Stocks

Discussion in 'General Board' started by Murray, Mar 26, 2020.

  1. seemly

    seemly Well-Known Member

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    Brilliant. Thanks for that!

    Investments isn't anything I've ever really looked into, but I think it's about time I did.
    I'm coming up to 38, so need to start building towards something for the future.
     
  2. Domain Forum

    Acorn Domains Elite Member

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    articles.co.uk
     
  3. newguy United Kingdom

    newguy Well-Known Member

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    Same really. I figured that it's a good call to try to prepare for the future now, rather than endlessly put it off!
     
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  4. dee

    dee Well-Known Member Acorn Supporter

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    check out freetrade app aswell. I signed up few days ago and its great and very easy. All in its 3 quid a month and they dont charge for trades.
     
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  5. geniejjc United Kingdom

    geniejjc Active Member

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    Got a LISA with coming up to 2 years money with Hargreaves Lansdown was waiting to see what the Brexit fallout was likely to be but this is probably as good a time as any to start the investment in some sort of tracker.

    If your looking at some stocks with legs Begbies Traynor and FRP (both insolvency firms) could be worth a look.

    Insolvency firms that I know initially nervous that they wouldn't see any new work for months but seemed to have revised that down to weeks.

    If your into day trading I'm guessing it wouldn't be too difficult in the first two to pick up all their creditors meetings advertised in the London Gazette - before they get more widely reported in the press.
     
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  6. newguy United Kingdom

    newguy Well-Known Member

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    Interesting thoughts on how to steal a march on other investors. I'm still all new to this, but am pleased that I decided to make this leap and will try to be measured in any decisions I do make!
     
  7. dee

    dee Well-Known Member Acorn Supporter

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    Sorry...intrigued on getting a jump, but this doesnt make sense to me ? In the first two what ? Could you explain please?
     
  8. geniejjc United Kingdom

    geniejjc Active Member

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    Well this thread has got me thinking - FYI seems like FRP are getting appointed as Administrators to a number of Signature group companies (They own a number of boutique hotels funded by lots of small investors each company owns a property - potentially has profile and messy) so i'm going to track the price on these appointments.

    Insolvency Practitioners can make a lot of money on Administrations far more than liquidation because of time costs - but when I worked for a firm we did two small football clubs and effectively lost money on both.

    For the last ten years I've worked with directors in trouble to find the best way to restructure or restart their business and protect themselves personally and broker the insolvency and finance work.
     
  9. Grant

    Grant Active Member

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    For anything like that I'd probably look at LTV, customer growth and compare that to other tech companies and their stock price to start. A lot more variables than that though.
     
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  10. Murray

    Murray Well-Known Member

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    I've pulled back now to 1/3 of what I put in originally with a modest profit currently of £150 with shares left in Shell and Roche

    Not that I know anything but seeing stocks rise in the past 3 weeks with whats going on in the world just felt very strange, I thought I'd be entering a bear market, this seems like a bull trap
     
  11. newguy United Kingdom

    newguy Well-Known Member

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    You may well be right. It pays to remember that the stock market is already down a fair amount, plus it's future focused, but the longer this situation drags on for the longer lasting the damage will be. It's a difficult path between protecting health and protecting the economy. I feel like if we do start opening up again, lots of businesses will bounce back. If there's another lockdown further down the line though, that might prove to be a step too far.
     
  12. martin-s United Kingdom

    martin-s Well-Known Member

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    Fundraises are probably the thing to watch out for next. Those shares will always take a hit.
     
  13. Murray

    Murray Well-Known Member

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    The initial drop was a fair amount but the quick rebound and recovery to just 10% down and at the same levels as this time last year seems crazy and totally out of touch
     
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  14. newguy United Kingdom

    newguy Well-Known Member

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    Yes I think people are playing the long game, thinking that there aren't many places to invest right now, and assuming that a couple of years things will be returning to normal (though for all I know it could be 5 years+). There are so many unknowns. How long the shut down lasts, the speed of which things open up, peoples fear of crowds and travel. I guess it all comes down to a combination of improving treatments, and how long it takes for the coronavirus to work its way through the population.
     
  15. diablo

    diablo Well-Known Member

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  16. newguy United Kingdom

    newguy Well-Known Member

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    Can't blame him at this time as it's hard to imagine travelling returning to normal well into 2021. You could I suppose argue that he's doing it hoping that people lose further confidence in them so that he can buy when back cheaper further down the line. I can see some airlines going under, but arguably the ones that don't go under may eventually be in an even better position than prior to the virus. Maybe we're talking in a timescale of 5 or 6 years though and as a time line this that feels like an eternity.
     
  17. Grant

    Grant Active Member

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    Maybe keep an eye on their filings, they've been stock piling cash for a while. I assume the minute they announce what they're doing with it, they'll be a mad dash to jump on the train with them.
     
  18. Murray

    Murray Well-Known Member

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    Still been enjoying learning about stock market

    One big thing was basic technical analysis, I thought stock prices move randomly depending on news or the markets but they go in trends with resistance and support levels which is important to recognise

    I currently only have money in one stock: greatland gold (GGP) - they're a gold exploration company who recently found a large deposit at a site in Australia called Havieron

    They're still drilling and discovering just how much gold/copper is at the site, the more they find the higher the stock price is likely to be

    They're working alongside Newcrest Mining - It's currently a 70/30 profit split in Newcrests favour because they're putting up the money for the expanded drilling exploration and have a mine called Telfer nearby which can process the gold and copper. Working with Newcrest should take a lot of the risk out of it, having their knowledge and infrastructure already there to mine/process

    The price of Greatland has already gone from 2p in January to 12p today based on the current drilling results, but as said above depending on future drill results (released every 6 weeks, next one due in couple weeks) and the price of gold then 12p seems a safe/low entry point with a lot of potential upside short and long term

    In the short term I think it's getting ready to breakout to 14-15p with the next drill results

    I've put a decent amount of money in them so fingers crossed it goes the way I'm picturing it :cool:
     
  19. dee

    dee Well-Known Member Acorn Supporter

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    Yep. Check out fibonacci ....turns up everywhere in trading and nature. You have to remember price is driven by people, and human nature is somewhat predictable. I really like bollinger bands also for finding when your getting into overbought/oversold territory. Everything bouncing around a moving average.
     
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  20. Murray

    Murray Well-Known Member

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    Yep fibonacci, rsi divergence, macd crossover, moving averages, all very interesting to look at
     
  21. geniejjc United Kingdom

    geniejjc Active Member

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    Ok so inspired by this thread I did a deep dive and switched a lot of things up.

    Thanks for the kick :)

    Pulled my 2 existing pensions into Vanguard index funds and have set up a more aggressive pension payment plan.

    Always wanted out at 60 - im 45 now but having twins last year has pushed that up 5 years for now.

    Can recommend both these reddits - ive joined a whats app and there a various discord groups coming off these as well for short and long term investing.

    https://www.reddit.com/r/UKInvesting/

    https://www.reddit.com/r/UKPersonalFinance/

    I dont think I will be anything more than a passive investor in index funds with the odd short term share dabble.

    Waiting for Robin Hood to launch in the UK before i get involved in shares.
     
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