This is the Final Part of a 3 Blog Series produced by @vilage_idoit with a focus on Short Term Trading and how to make Money consistently from Junky AIM Stocks - the sort of stuff you find in the WheelieBin. If you haven’t read Parts 1 and 2 then you can find them here:
Please note at the time of publishing this Guest Blog on the 17th August 2018 the Books that are under the ‘Recommended Reading’ bit of this Blog are not yet in Wheelie’s Bookshop - my intention is to shove them in their over the next few days. However, all the Books he mentions in the Bibliography are in the Bookshop.
Thanks again to Michael for producing this excellent work.
This is the Second Part of a 3 Blog Series produced by @vilage_idoit with a focus on Short Term Trading and how to make Money consistently from those Junky AIM Stocks that we all know and hate. If you haven’t read Part 1 then you can find it here, where you will also find a summary of Michael‘s experience and capabilities:
This Part really starts to get into the ‘Nuts & Bolts’ of how he does things and once again a huge THANK YOU to Michael for providing this excellent text.
My friend Michael (@vilage_idoit) is a highly skilful and successful Short Term Trader who fights with the Markets on a daily basis to snatch Profits from various situations and often this is around Buying and Selling those horrible Junky, WheelieBin-type, AIM Stocks. Quite often he would only be holding a Position for a few hours or so and I don’t think he holds a Position for many Days although he probably does this occasionally. This is not for the faint hearted and it takes a lot of ability to do it, but if you have the dedication and focus that Michael has then it can be done. One of the most amazing things is that he has only been involved in the Markets this way for a few years but the speed with which he has created an Approach which works and generates a lot of Cash for him shows just how exceptional he is. This is borne out by the fact that Michael does not ‘work’ and has funded his own Living Expenses etc. for several Years now. Bear in mind that I think he is still under 30 as well (ok, he looks young !!).
This is the Second Part of an excellent Article on Accounting Basics produced by Justin (@justinscarboro2 ) and kindly offered for sharing on my Website. If you have not read Part 1 you can find it here:
Oh, and while I think about it Part 1 had some excellent Reference Material in it so I have created a new Blog Category called ‘Accounting’ so if you click on that you should be able to find it quite fast in the future.
This Second Bit covers Company Valuations in the main and I did some Blogs myself on this subject quite a while ago now and you can find those here:
There are Links at the bottom of that one to the earlier 3 parts.
(P.S. - Thanks Justin, the feedback I have had from WD Readers has been really glowing on Part 1 and I expect we will get more such applause for this bit - Pete).
I am sure this is a Blog that Readers will find extremely useful, especially those who are fairly new to the Great Game and want to get their head around the whole ‘Accounting’ thing a bit more. This Blog arose after some conversations on Twitter and Justin (who has an Accounting background) said he had produced this a while ago and that if peeps wanted it then he would send it over to me and I could shove it on my Site - thanks Justin, you saved me writing a Blog this Week !!
You can find Justin on the Tweets as @justinscarboro2 and he is well worth following because he is very knowledgeable on the Stocks and I think until just a few years ago he was an Analyst in the Retail Sector and he has also worked in many Senior Roles in various Companies, most recently with Air Partner AIR.
After reading it through I decided it was pretty involved and made the decision to chop it into 2 Parts - next Week I will published the bit on Company Valuation.
I hope you enjoy it and huge thanks again to Justin for providing this excellent material.
My mate David from Blackthorn Focus is holding an Investor Event on Tuesday 26th June in Cambridge which you can see details of below and I asked him if he could knock up some words on each of the Companies as they look quite interesting. He has done exactly this and I have added some thoughts underneath.
I have also repeated the bit about the Duxford Aerodrome Event on the day before - Monday 25th June - everyone is invited and it will be a fun day out I am sure.
Full disclosure, I am taking no commission or anything from David. He is a mate and we regularly chat about Stocks (he is an excellent Investor) and I am merely helping get the word around about the Event he is organising. It is up to Readers if they want to go or not and it could be a decent chance to talk to the Directors of some interesting quality companies.
My mate Steve kindly offered some thoughts on Gambling as a supplementary activity to messing about with Stocks via an email and he very kindly agreed to the text being used for a Guest Blog because I am sure many Readers will find this useful. I have had to slightly edit it to protect the innocent but it is well worth reading - particularly because it makes some excellent points about the risks and how Steve in effect ‘compartmentalises’ his Gambling and Investing activities.
Thanks Steve !!
This article is about entu (UK) PLC (ENTU) and my experience of purchasing a share without a proven market track record that had only recently come to market through an IPO.
entu (UK) PLC is a company that markets 'energy efficiency' products. It sells heating boilers, double glazing and solar products. It was floated on AIM in October 2014 with a market cap of £65.6m with shares valued at £1.00 each. The company had produced accounts for the previous years prior to floatation showing increasing turnover and increasing profits and made claims that it was going to pay a future dividend of 8%.
Simon Thompson in the Investors Chronicle wrote an article about the company published on 10 November 2014 analysing the figures and suggesting that the share would make a decent income buy. One of the strengths highlighted by Simon Thompson was that the company merely sold the products and did not manufacture any of them and therefore did not require much capital expenditure.
My mate @AIMInvestTweets kindly offered up the following text regarding the ‘Art of Execution’ to give Readers a view of what is in the Book and to help with some ideas to consider. You may not agree with all the ideas laid out here, but it is extremely valuable to think about what is being said and how you tend to do things yourself and what if anything you could tweak in your own Approach to improve matters. No Approach should ever by set in stone and it is a case of slow adjustments and evolution over the years.
Huge thanks to him for sharing this with us and putting the effort in to make a nicely readable and thought-provoking Blog, and of course you can find a copy of the Book in Wheelie’s Bookshop somewhere.
Kindly Phil has written another P2P related Blog for us and again it includes some links to Special Deals where you can get a Discount and Phil and myself get a small slice as well. Please note these can be High Risk Investments and if in doubt you should consult with a qualified Financial Advisor - we make no recommendation with regards to suitability for you and we are not qualified or FCA regulated. If this is new to you then make sure you read Phil’s previous Guest Blog and you will find within that one some Lower Risk P2P Investments like Zopa and Ratesetter.
In my first article for Wheelie’s Website last month I wrote about the 'how's and ‘why's' of P2P (Peer to Peer), and if you're unfamiliar with the area it might be worth you reading my first article, paying particular attention to the risks involved:
Welcome to my Educational Blog Page - I have another 'Stocks & Markets' Blog Page which you can access via a Button on the top of the Homepage.
Please see the Full Range of Book Ideas in Wheelie's Bookshop.