I am having a break with tradition tonight because normally I would do loads of Charts and stuff on a Sunday Night but for various reasons I am running tight on time but also I wanted to update the ‘Weekly Performance’ bit on my Homepage (my plan is to finish this on Monday Night) and I thought it would be useful both for myself and for Readers to go through the Stocks in my Trading ISA and extol my current thinking on each one of them. I am not going to cover the ones in my Income Portfolio because I think they are mostly getting a mention in the Final Parts of my Income Portfolio Blog Series anyway (the last of which should go out later this week).
On top of that, last Week with Thanksgiving and all that was pretty dull with low Trading Volumes etc. so I’m not sure we could learn much from the Charts anyway. At a very high level, Markets just seem to be continually buoyant even if my Portfolio doesn’t want to follow their lead !! So let’s crack on with the Stocks…….
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Phew, that is September out of the way - this is historically the worst month on average so for us to have got through pretty much unscathed (apart from the odd cuts and bruises perhaps) is quite something. I covered October in last weekend’s Charts Blog (you can find it if you scroll down the Blog page in theory) but it tends to be an OK month and is ranked 5th Best of the Year. The only caveat is that some of the really nasty Biggest Falls for the Stockmarket took place in October - so this sort of taints its otherwise good record (the 1929 Wall Street Crash and the 1987 ‘Black Monday’ both transpired in October).
It is a bit of a double relief for me as I had a really pleasant turnaround for my Portfolio last week. From pretty much Monday through to Thursday I was bleeding Money every day, especially because my Biggest Holding BOO had a big drop, but by the Close on Friday I managed to eke out a small Gain of 0.25% - so I was pretty pleased about that (yet again a triumph for Diversity).
THIS IS NOT A TIP OR RECOMMENDATION. I AM NOT A TIPSTER. PLEASE DO YOUR OWN RESEARCH. PLEASE READ THE DISCLAIMER ON THE HOME PAGE OF MY WEBSITE. IF YOU COPY MY TRADES, YOU WILL PROBABLY LOSE MONEY. I HAVE A VERY LARGE PORTFOLIO AND I USE DIVERSIFICATION TO SPREAD RISK ALONG WITH TRICKS LIKE HEDGING AND OCCASIONALLY BY THE USE OF STOPLOSSES - IF YOU BUY ANY STOCK YOU REALLY SHOULD FOCUS ON HOW IT FITS IN YOUR PORTFOLIO AND KEEP RISK MANAGEMENT AT THE FOREFRONT OF EVERYTHING YOU DO. BE AWARE THAT ALL INVESTORS/TRADERS GET THINGS WRONG AND MANY STOCK SELECTIONS WILL WORK OUT BADLY - MAKE SURE YOU UNDERSTAND THIS.
Boohoo.com BOO came out with Interim Results today and I thought they were superb. Of course, the Market thinks completely differently and the Shares got beat up 15% - it is my Biggest Holding so it did make me wince a little. Anyway, you can read the RNS for the Interims here: http://otp.investis.com/clients/uk/boohoo/rns/regulatory-story.aspx?cid=798&newsid=930898 The big stand out for me is the Growth Rate of the Revenues - up 106% over the 6 months (up 101% in Constant Currencies). Of course, many will trot out the “Revenue is Vanity, Profit is Sanity” adage and this is fair enough - but as often is the case, such simplistic phrases may not always be appropriate (bit like the “Never buy an IPO” which I think is just garbage). My take on this is that BOO is quite simply a Growth Company in the Hottest Growth Sector most of us will probably ever have the good fortune to trip over in our lifetimes - I cannot stress enough how unusual it is to have a Company that can grow at such a stellar pace - from recent memory, only Fevertree FEVR gets even remotely close (bored Readers might want to apply the kind of principles/modelling that I use in this Blog to FEVR and see what pops out at the end).
THIS IS NOT A TIP OR RECOMMENDATION. I AM NOT A TIPSTER. PLEASE DO YOUR OWN RESEARCH. PLEASE READ THE DISCLAIMER ON THE HOME PAGE OF MY WEBSITE. IF YOU COPY MY TRADES, YOU WILL PROBABLY LOSE MONEY. I HAVE A VERY LARGE PORTFOLIO AND I USE DIVERSIFICATION TO SPREAD RISK ALONG WITH TRICKS LIKE HEDGING AND OCCASIONALLY BY THE USE OF STOPLOSSES - IF YOU BUY ANY STOCK YOU REALLY SHOULD FOCUS ON HOW IT FITS IN YOUR PORTFOLIO AND KEEP RISK MANAGEMENT AT THE FOREFRONT OF EVERYTHING YOU DO. BE AWARE THAT ALL INVESTORS/TRADERS GET THINGS WRONG AND MANY STOCK SELECTIONS WILL WORK OUT BADLY - MAKE SURE YOU UNDERSTAND THIS. WATR IS A PARTICULARLY SMALL STOCK AND IT HAS A HUGE BUY/SELL SPREAD AND IS HIGHLY ILLIQUID AND THEREFORE HIGH RISK.
I have been interested in this Stock for a while - I think it first came to my attention when my mate @MGinvestor on twitter bought into it and I seriously rate his abilities to find very good undervalued small Stocks so it got my attention. The thing I particularly like is that I have been aware of all the stories about Environmental stuff and how Water will be the most valuable commodity on Earth soon and how there will be Wars fought over Water and all that Armageddon type nonsense - but however much of such bilge I read, there is clearly a grain of truth here somewhere but I have found it extremely difficult to find a Water Stock to actually enable me to play the Mega-Theme. There are of course the usual Water Utilities but they are of course hemmed in by Regulation and are more like Dividend Income Stocks than the Growth Play I really want.
THIS IS NOT A TIP OR RECOMMENDATION. I AM NOT A TIPSTER. PLEASE DO YOUR OWN RESEARCH. PLEASE READ THE DISCLAIMER ON THE HOME PAGE OF MY WEBSITE. IF YOU COPY MY TRADES, YOU WILL PROBABLY LOSE MONEY. I HAVE A VERY LARGE PORTFOLIO AND I USE DIVERSIFICATION TO SPREAD RISK ALONG WITH TRICKS LIKE HEDGING AND OCCASIONALLY BY THE USE OF STOPLOSSES - IF YOU BUY ANY STOCK YOU REALLY SHOULD FOCUS ON HOW IT FITS IN YOUR PORTFOLIO AND KEEP RISK MANAGEMENT AT THE FOREFRONT OF EVERYTHING YOU DO. BE AWARE THAT ALL INVESTORS/TRADERS GET THINGS WRONG AND MANY STOCK SELECTIONS WILL WORK OUT BADLY - MAKE SURE YOU UNDERSTAND THIS.
Now I’ve confused you. I bet you’re about to look through my Blog Page desperately hunting for Part 1 - but don’t bother - it is not published yet and you know how I love playing little dirty tricks…. I started writing a generic Blog Series about how the Past has gone and although it has its uses with regards to credibility of a Company and Management etc., it is really the likely Future that we as Investors need to focus our minds on. This Blog, Part 2, comes into its own here because I am going to use Utilitywise UTW as an example of precisely what I mean - because it is obvious to anyone that UTW has had a terrible recent History but my contention (and I am backing this with a chunky Long Position) is that the Company is undergoing a significant and profound Transformation that will take it into a serious stage of Growth. And it looks extremely cheap……
A couple of nights ago I managed to find just under an hour to watch/listen to the latest Somero Enterprises SOM Video from the superb piworld.co.uk and I found it extremely useful at improving my understanding of SOM, which I hold a Position in, and it gave some clarity on the Trading situation which has been causing much concern since their last Trading Update. I have made a few pertinent (I hope) observations below, but you can catch the Video here:
http://www.piworld.co.uk/2017/06/14/somero-som-invester-presentation-june-2017/ You can also find it on Youtube if you use Google Search (other Search Engines are available but they are cr*p).
THIS IS NOT A TIP OR RECOMMENDATION. I AM NOT A TIPSTER. PLEASE DO YOUR OWN RESEARCH. PLEASE READ THE DISCLAIMER ON THE HOME PAGE OF MY WEBSITE. IF YOU COPY MY TRADES, YOU WILL PROBABLY LOSE MONEY. I HAVE A VERY LARGE PORTFOLIO AND I USE DIVERSIFICATION TO SPREAD RISK ALONG WITH TRICKS LIKE HEDGING AND OCCASIONALLY BY THE USE OF STOPLOSSES - IF YOU BUY ANY STOCK YOU REALLY SHOULD FOCUS ON HOW IT FITS IN YOUR PORTFOLIO AND KEEP RISK MANAGEMENT AT THE FOREFRONT OF EVERYTHING YOU DO. BE AWARE THAT ALL INVESTORS/TRADERS GET THINGS WRONG AND MANY STOCK SELECTIONS WILL WORK OUT BADLY - MAKE SURE YOU UNDERSTAND THIS.
If you follow me on Twitter and I have probably mentioned this many times in my Website scribblings, I am very keen on Internet/Mobile growth plays because even though these kinds of technologies have been with us for many years how, I still feel like we are merely in the Foothills of what is quite probably a future of Mount Everest proportions. To play these themes, I have Stocks like BooHoo BOO, Iomart IOM, Entertainment One ETO (ok, that connection is more tenuous !!), Go Compare GOCO, Moss Brothers MOSB and Supergroup SGP (which both have growing Internet businesses), Telit TCM, Esure ESUR, Paysafe PAYS, Paypal PYPL, igIndex IGG. In addition, there are many other Stocks like Asos ASC, Gear4Music G4M, Hostelworld HSW, Rightmove RMV, etc. which have done really well and many of these Stocks are now on silly and for me prohibitive valuations.
I tripped over this upcoming Float on the Main List recently and wanted to have a look in more detail. Global Ports Holdings is a business which operates Ports for Cruise Liners, Ferries and Yachts across 14 Ports in 8 Countries and you can find their website here:
http://www.globalports.com.tr/index.php This chunk of text from their ‘About Us’ dropdown menu gives a good summary of what they do:
THIS IS NOT A TIP OR RECOMMENDATION. I AM NOT A TIPSTER. PLEASE DO YOUR OWN RESEARCH. PLEASE READ THE DISCLAIMER ON THE HOME PAGE OF MY WEBSITE. IF YOU COPY MY TRADES, YOU WILL PROBABLY LOSE MONEY. I HAVE A VERY LARGE PORTFOLIO AND I USE DIVERSIFICATION TO SPREAD RISK ALONG WITH TRICKS LIKE HEDGING AND OCCASIONALLY BY THE USE OF STOPLOSSES - IF YOU BUY ANY STOCK YOU REALLY SHOULD FOCUS ON HOW IT FITS IN YOUR PORTFOLIO AND KEEP RISK MANAGEMENT AT THE FOREFRONT OF EVERYTHING YOU DO. BE AWARE THAT ALL INVESTORS/TRADERS GET THINGS WRONG AND MANY STOCK SELECTIONS WILL WORK OUT BADLY - MAKE SURE YOU UNDERSTAND THIS.
Back on the 1st March 2017 I bought a Long Spreadbet on DGOC equivalent to about 2% of my Portfolio Value. This is a recent IPO which listed about 5 weeks back on AIM and I think it is pretty unique and I am very pleased to have been able to pick it up at 64p via a Spreadbet -which is slightly less than the Float Price of 65p.
THIS IS NOT A TIP OR RECOMMENDATION. I AM NOT A TIPSTER. PLEASE DO YOUR OWN RESEARCH. PLEASE READ THE DISCLAIMER ON THE HOME PAGE OF MY WEBSITE. IF YOU COPY MY TRADES, YOU WILL PROBABLY LOSE MONEY. I HAVE A VERY LARGE PORTFOLIO AND I USE DIVERSIFICATION TO SPREAD RISK ALONG WITH TRICKS LIKE HEDGING AND OCCASIONALLY BY THE USE OF STOPLOSSES - IF YOU BUY ANY STOCK YOU REALLY SHOULD FOCUS ON HOW IT FITS IN YOUR PORTFOLIO AND KEEP RISK MANAGEMENT AT THE FOREFRONT OF EVERYTHING YOU DO. BE AWARE THAT ALL INVESTORS/TRADERS GET THINGS WRONG AND MANY STOCK SELECTIONS WILL WORK OUT BADLY - MAKE SURE YOU UNDERSTAND THIS.
Part 1 of these CAKE Blogs can be read here: http://wheeliedealer.weebly.com/blog/stock-idea-patisserie-holdings-cake-fancy-a-slice-part-1-of-2 |
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