THIS IS NOT A TIP. I AM NOT A TIPSTER. PLEASE DO YOUR OWN RESEARCH. PLEASE READ THE DISCLAIMER ON THE HOME PAGE OF MY WEBSITES.
On Friday 27th March I picked up some more Utilitywise UTW to add to my Collection, at about 206p. I also did a Long Spreadbet at 213.28p this morning after writing a draft of this Blog and realising how undervalued it appears to be. This is a quick dig into the reasons why I like UTW and the timing issues around the buys.
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THIS IS NOT A TIP. I AM NOT A TIPSTER. PLEASE DO YOUR OWN RESEARCH. PLEASE READ THE DISCLAIMER ON THE HOME PAGE OF MY WEBSITES.
Hopefully this will be short and sweet. You may have seen on my ‘News’ bit on the Homepage or on Twitter that I sliced off a chunk of my CRST holding at around 440p early this morning. As usual, I made the decision in the ‘cold light of day’ (ok, it was dark) last night after the markets were well and truly shut, and it was partly driven by Chart based timing as I will outline below. I have held CRST for about 2 years having bought my first chunk just after the IPO - because it looked flippin’ cheap. I have quite a lot of Shares and Spreadbet positions and I chopped off about a fifth of my holding - banking a Profit of over 62% and there were Divvys on top of this as well - not too bad. Hopefully I can shift some more of the Holding with similar banked profits or preferably better !! Hopefully I can keep this Blog reasonably short as I have already bashed one Blog out today and done a load of work on the next parts of that Series. The reasons for me dumping all my Telecity TCY are as follows:
THIS IS NOT A TIP. I AM NOT A TIPSTER. PLEASE DO YOUR OWN RESEARCH. PLEASE READ THE DISCLAIMER ON THE HOME PAGE OF MY WEBSITES. PLEASE BE AWARE THAT THIS STOCK IS EXTREMELY HIGH RISK AND IF YOU COPY MY BUY YOU MAY LOSE ALL YOUR MONEY. IT IS NOT SOMETHING I WOULD NORMALLY BUY AND IT MIGHT TURN OUT TO BE A RIGHT DISASTER.
This is a Buy Rationale following my small Nibble of some Accsys Technologies AXS Shares on Thursday 29th January at 58.84p. To a large extent this Blog is digging into the Products in order to understand if AXS really could be a truly great investment - because at this stage of development, it really is a Very High Risk, Speculative, ‘Blue-Sky‘ Buy. Regular Readers will be aware that this is not normally something I would buy, but in this case I have a very good source of Information and it is a Share that I have been watching for years - and for most of the time it never seemed to be getting anywhere. That may have now changed. THIS IS NOT A TIP. I AM NOT A TIPSTER. PLEASE DO YOUR OWN RESEARCH. PLEASE READ THE DISCLAIMER ON THE HOME PAGE OF MY WEBSITES.
I am feeling a bit Blogged out, so I will try and keep this Short and Sweet - ok, I appreciate that is against my nature !! This morning I said “Goodbye, and thanks for all the Profits” to EZJ, for the following reasons:
THIS IS NOT A TIP. I AM NOT A TIPSTER. PLEASE DO YOUR OWN RESEARCH. PLEASE READ THE DISCLAIMER ON THE HOME PAGE OF MY WEBSITES.
I sold off some IGG yesterday - but have kept a chunk in my Income Portfolio as I think it is a great Stock long term but seems Toppy for now and I want to build Cash and reduce my Exposure in the early months of this year as we head towards the uncertain General Election. This period of the Year is always bad and the Election will give the ‘Media’ plenty of time to get the Fear of God into Investors and have them panicking for the Exits. “Sell in May and go away” and all that……….. THIS IS NOT A TIP. I AM NOT A TIPSTER. PLEASE DO YOUR OWN RESEARCH. PLEASE READ THE DISCLAIMER ON THE HOME PAGE OF MY WEBSITES.
If you follow my Twitter Feed and look at the Changes List on the Homepage of my Main Website, you will hopefully have noticed that I sold all of my Spreadbet Positions on Aviva AV. this morning at 519p. This was a Spreadbet Price - the Price in the Normal Shares Market was about 521p at the time - the ‘Spread’ on a Spreadbet is wider for many reasons which I will explain in a future Blog - if you cannot wait, then Robbie Burn’s Naked Trader 4 Book has a Section on Spreadbetting that explains it all very well. I banked about 0.5% of my Total Portfolio Value on the trade so it was ok, but nothing special. On the recent buy from roughly 3 weeks ago I made 6% on the ‘Exposure’ and on the other position which I have held since October 2013 (a long time !!) I made 20%. Of course, because these are Leveraged I actually made a lot more than that as a Percentage of my Capital Employed - probably near 100% but I have not worked it out yet. THIS IS NOT A TIP. I AM NOT A TIPSTER. PLEASE DO YOUR OWN RESEARCH. PLEASE READ THE DISCLAIMER ON THE HOME PAGE OF MY WEBSITES.
On Tuesday 23rd December 2014 I Topsliced my eBay (epic code EBAY) Spreadbet Position, banking roughly a 10% gain on the Exposure this position represented. Of course, because I was using Leverage, the return on the Deposit money tied up was probably about 200% (Deposit 5% on this stock I think). This is just a short Blog to explain the move - I have kept the Rump of my EBAY Exposure - I don’t want to sell out totally but it seemed like a sensible Short Term Tactical move to trim it a bit - as I will address below. THIS IS NOT A TIP. I AM NOT A TIPSTER. PLEASE DO YOUR OWN RESEARCH. PLEASE READ THE DISCLAIMER ON THE HOME PAGE OF MY WEBSITES.
Right, that’s Turkey and Mince Pies done, now we move onto boring old Insurance…yawn… Again, I will try to only do a short Blog (yeah, right Wheelie, you don’t know the meaning of the word ‘short’…) with an Overview of the Key Fundamental Points for my Buy and a look at Valuations, Targets and Charts. Luckily there is still some fuel in the WheelieCopter after our flight over Major Oil so no need to fill up for a visit to Norwich……..(The Quiz of the Week?….Younger readers have every right to be confused now.) THIS IS NOT A TIP. I AM NOT A TIPSTER. PLEASE DO YOUR OWN RESEARCH. PLEASE READ THE DISCLAIMER ON THE HOME PAGE OF MY WEBSITES.
You may have seen on Twitter and in the ‘News’ bit on my Homepage that I sold all my Plus 500 PLUS exposure earlier this morning at about 565p. I wanted to give just a swift explanation of why I made this move - because it was a bit quick and that is most unlike me !! I have had a pretty nasty experience with PLUS so I am not really prepared to put up with any naughtiness. It has been very frustrating and I don’t need the grief - I am an old man and my heart is not up to it !! |
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