Pete95
Jan 10 2005, 01:51 PM
Anyone recommend anything which looks like it might be promising?
Ive recently gone back into buying a few shares and thinks look quite rosy at the moment.
"Warthog" has been a nice little earner for me in only a month or so, and still looking like its got some way to go - its a software company who got into trouble when they bought another company. Theyve just offloaded it and the stock is recovering. Bought mine at 0.4p early December, and theyre over 2.1p now.
Sledgehead
Jan 11 2005, 02:31 PM
"Any good share tips?"
Yeah, here's a tip : do your own research.
(please, please, please don't start all that tipping crap here)
Yonmon
Jan 11 2005, 06:02 PM
I'm looking at a possible share investment in a company that amongst other things does landfill. If it pays off it would be a good tip share.
zzg113
Jan 11 2005, 06:16 PM
"Where there's muck there's brass"
Sledgehead
Jan 12 2005, 02:41 PM
QUOTE(zzg113 @ Jan 11 2005, 06:16 PM)
"Where there's muck there's brass"
quite right. If you are gonna own a private business make it something lik embalming or sewer services. But in th estock market being fashionable can be the most important thing (why?). A cash guzzling trendy company can often do better than an old shoe that has been churning out fat profits for years.... such is stock market "investing".
Yonmon
Jan 12 2005, 03:49 PM
Good point. I used to make the mistake of applying "normal logic" in my share buys/sells. Unfortunately the market operates according to its own brand of logic. One of my current holdings is a loss-making Polish cement maker, up 21% today, and about 35% in total since I bought in recently. If I'd applied "normal logic" there's no way I would have bought. Applying "market logic" it made sense.
"The market can stay irrational longer than you can stay solvent"- John Maynard Keynes
Yonmon
Jan 12 2005, 03:54 PM
In case the last post be read as smug, I should also point out that I am currently holding a couple of holdings with chunky losses, where normal logic made me buy/hold, while market logic drove the price down
zzg113
Jan 12 2005, 04:05 PM
QUOTE
One of my current holdings is a loss-making Polish cement maker, up 21% today, and about 35% in total since I bought in recently
Is this share up because of the recent strength of the zloty?
George
Jan 12 2005, 04:34 PM
rtd.l good buy at 30p.
Yonmon
Jan 12 2005, 09:19 PM
QUOTE(zzg113 @ Jan 12 2005, 04:05 AM)
Is this share up because of the recent strength of the zloty?
Nothing that straightforward!
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