This space is reserved for jwebster to introduce himself.
Now that we have reached a new month I have taken the opportunity to sit down and review June’s performance for my trades. Holdings which went up (all companies with good earnings and cash generation)Mission Marketing (LON:TMMG) £3INComputacenter (LON:CCC)IG Group (LON:IGG)Robert Walters (LON:RWA) Chancers which did OK (more speculative bets)Arrow Global (LON:ARW)Duke Royalty (LON:DUKE)Scapa (LON:SCPA)Talktalk Telecom (LON:TALK) (short position) Short position on the British Pound…
H & T (LON:HAT) Ramsdens Holdings (LON:RFX) Some interesting reading recently on HAT and RFX with various announcements. Should I buy either/or ? To compare: Well done H&T for buying the Money stores, paying 10.6m for 9.9m revenues. Additional 4m in working capital to make them operational. The stores are in a bit of a state from what I’ve seen but H&T should know what…
Cineworld (LON:CINE) Price has dropped yesterday, trading around 258p. CINE released a RNS saying their Auditors KPMG have pulled out of the tender process and a letter from KPMG is listed on CINE website citing commercial reasons for withdrawing “…we declined to participate as we did not consider that it was likely that we would be able to agree acceptable commercial terms.”. While this is…
Arrow Global (LON:ARW) Price has had a bit of a jump up to 233p from the lows around 180p The negative is ARW is the second most shorted stock in the UK at 10.5% although down from a high of 12.45% Hedgies love shorting these kinds of companies as they run on leverage. Borrow large sums of money, buy charged off consumer debts, collect the…
What’s interesting if you look at the chart “average returns by style” the median win is much the same for Super Stock, High Flyer and Turnaround. I would even add Contrarian and Value Trap as similar.What does stand out is the lower median loss for Super Stock.So effectively, Super Stock is not picking better winners, rather, it’s controlling the losses which is a good thing.It…
"If anybody can think of other non-mining operating businesses with a positive exposure to gold, please let me know!" One option is buy GLD - a physically backed EFT which tracks the gold price fairly closely. Good option if you just want to go long gold. Doesn't pay a dividend or have earnings of course. But good insurance against a meltdown in interest rates, as…
Thanks for the comments! Agree, Ramsdens Holdings (LON:RFX) is safer with a strong, no debt balance sheet. Also H & T (LON:HAT) is betting on personal loans for growth. Their timing is good given the competition in this space has waned, but if they don't have the right team it could go badly. Ramsdens likely have a runway on growth with the new stores, after…
Sosandar (LON:SOS) Just read Paul's comments on Sosandar and the readers' useful comments as well. Key point is "Q1 has seen c.23% year on year revenue growth" followed by mgt's response to Paul's question as "New customer acquisition spending was deliberately dialled down in April & May because the weather was awful" My view is these numbers are a miss for a startup, based on…
Robbie's style (from seminars) is to buy stocks likely to rise, check they have momentum today on price, debt levels and pension deficits are not too high. He has a selection pattern and can wizz through a bunch of stocks fairly quickly. He doesn't read through balance sheets or annual reports, but does scan through the latest results with key words automatically highlighted. He always…
