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Unread 27-02-2020, 10:55 PM
tatty
 
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£45,000 poorer than I was at the start of the week.

And after the FTSE opens tomorrow Iíll be poorer still.

Tatty may be getting his begging bowl out.
 
Unread 27-02-2020, 10:56 PM
TravellingRed
 
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Quote:
Originally Posted by Switching Off
Would recommend selling out of them annually after the tax benefits have kicked in.

When I had one you had to hold them for 5 years to get all the benefits. So after 6 years, I'd sell the first years worth, and so on, just to diversify your portfolio. I know a lot of people who had 6 figures in Barclays shares which are now worth about £10k.
They're safe enough for the minute, I have enough maturing when my current mortgage term ends to help pay it off. After that I will probably sell each years worth and put it in my pension and a savings account.
 
Unread 27-02-2020, 11:01 PM
red in cumbria
 
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Quote:
Originally Posted by tatty
£45,000 poorer than I was at the start of the week.

And after the FTSE opens tomorrow Iíll be poorer still.

Tatty may be getting his begging bowl out.
And there was me thinking you would have made a killing out of Brexit.......
 
Unread 27-02-2020, 11:12 PM
Switching Off
 
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Quote:
Originally Posted by TravellingRed
They're safe enough for the minute, I have enough maturing when my current mortgage term ends to help pay it off. After that I will probably sell each years worth and put it in my pension and a savings account.
That's what Carillion staff said a couple of years ago, and that's what my colleagues were saying when their shares were worth almost £8 each. I saw tears when they hit 50p.

People can recommend all sorts of different investments but the one thing you should ALWAYS be is diversified.

Quote:
Originally Posted by red in cumbria
And there was me thinking you would have made a killing out of Brexit.......


Head shot
 
Unread 14-04-2020, 09:46 AM
dragflick
 
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Had word for Avacta. Gone in this morning at 50p, was 40p before it opened today. Something to do with corona tests...

https://www.londonstockexchange.com/...GBGBXASX1.html
 
Unread 14-04-2020, 09:55 AM
measlyshark
 
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Quote:
Originally Posted by dragflick
Had word for Avacta. Gone in this morning at 50p, was 40p before it opened today. Something to do with corona tests...

https://www.londonstockexchange.com/...GBGBXASX1.html
They're a next gen diagnostic company. They specialise in liquid biopsies. To do this you take blood samples from cancer patients and then identify circulating tumor DNA from it. Very hard to do as there is a tiny amount of it floating around.

Be interesting if they've developed a Covid test on their platform.

Edit. They've teamed up with one of the industry behemoths (Cytiva, formerly GE healthcare) to develop an antigen test. A simple, saliva test to show if you currently have it. If it works, and they've developed one for Zika before, could be massive.
 
Unread 14-04-2020, 10:44 AM
Coracao
 
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Quote:
Originally Posted by dragflick
Had word for Avacta. Gone in this morning at 50p, was 40p before it opened today. Something to do with corona tests...

https://www.londonstockexchange.com/...GBGBXASX1.html
After a brief skim, their fundamentals look shocking. But guess you are taking a gamble..
 
Unread 14-04-2020, 12:31 PM
shenwen
 
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Quote:
Originally Posted by Coracao
After a brief skim, their fundamentals look shocking. But guess you are taking a gamble..
Agree with that. Be wary of corona stocks - and thatís from someone who was going to take a punt on a toilet roll manufacturer.

Thereís a lot of good deals out there right now for longer term bets with companies that look good for future, although may have already missed the boat. Look at Amazon. Crashed in March but now back to close historic high.

Thinking about jumping into some HK property stocks, but literally no money spare.
 
Unread 14-04-2020, 12:51 PM
Coracao
 
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Quote:
Originally Posted by shenwen
Agree with that. Be wary of corona stocks - and thatís from someone who was going to take a punt on a toilet roll manufacturer.

Thereís a lot of good deals out there right now for longer term bets with companies that look good for future, although may have already missed the boat. Look at Amazon. Crashed in March but now back to close historic high.

Thinking about jumping into some HK property stocks, but literally no money spare.

Yep, I'm a firm believer if you are investing in stocks then you should always be taking a long-term, i.e. 20 year approach. Future need of the commodity etc. This Corona stock, you are probably better off throwing 50 quid on an online roulette machine. Investing in companies which have a track record of continual losses isn't the best investment strategy.

Better off going with companies such as Visa and Mastercard who are showing continual growth, which is likely to continue as the world becomes more digitialised in terms of payments etc. Also keeping an eye on Boeing / Airbus for long-term investments. Boeing dropped as low as $89 per share and is now back up to $147, tho reckon it will take a few years at least to get to the levels it was (52 week high of $398). I expect a downturn in production / demand, but Boeing and Airbus have a strangehold on this industry (91% between them), it is hard to see them failing to increase shareprice considerably over the longer term. Probably companies to avoid if after a fast buck, mind.
 
Unread 14-04-2020, 01:01 PM
tatty
 
Default

Quote:
Originally Posted by tatty
£45,000 poorer than I was at the start of the week.

And after the FTSE opens tomorrow Iíll be poorer still.

Tatty may be getting his begging bowl out.

It got a lot worse than this around the middle of March.
 
Unread 14-04-2020, 01:22 PM
Coracao
 
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Quote:
Originally Posted by tatty
It got a lot worse than this around the middle of March.
Do you pick your own, in a fund, or both?
 
Unread 14-04-2020, 01:24 PM
Jack Duckworth
 
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Quote:
Originally Posted by shenwen
Agree with that. Be wary of corona stocks - and thatís from someone who was going to take a punt on a toilet roll manufacturer.

Thereís a lot of good deals out there right now for longer term bets with companies that look good for future, although may have already missed the boat. Look at Amazon. Crashed in March but now back to close historic high.

Thinking about jumping into some HK property stocks, but literally no money spare.
ffs
 
Unread 14-04-2020, 01:57 PM
shenwen
 
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Quote:
Originally Posted by Jack Duckworth
ffs
Amazingly I wouldnít have lost any money. Wouldnít have made any either though. People always going to need clean backsides.

s****ed all my spare money on alibaba instead (HK rather than NASDAQ). Slightly down right now from where I bought but I know the company well and think it will get stronger.
 
Unread 14-04-2020, 02:28 PM
MUFCOK
 
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To ask a real newb question but how do you buy stocks and shares? Is something like etoro safe to use?
 
Unread 14-04-2020, 02:47 PM
Coracao
 
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Quote:
Originally Posted by MUFCOK
To ask a real newb question but how do you buy stocks and shares? Is something like etoro safe to use?
Personally have SIPP through Hargreaves Lansdown and ISA with Fundsmith.

If you're unsure about any site when it comes to money, even be it retail, trustpilot is always worth a quick read. However, you will often get people whinging over some trivial things.

https://uk.trustpilot.com/review/www.etoro.com
 
Unread 14-04-2020, 02:50 PM
Switching Off
 
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Quote:
Originally Posted by MUFCOK
To ask a real newb question but how do you buy stocks and shares? Is something like etoro safe to use?
Use Vangiard and just buy their life strategies range. Cheap as chips.
 
Unread 14-04-2020, 02:53 PM
armchair
 
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If you want to play around
AvaTrade https://www.avatrade.com/trading-platforms
let's you trade with play money
 
Unread 14-04-2020, 03:31 PM
tatty
 
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Quote:
Originally Posted by Coracao
Do you pick your own, in a fund, or both?
I self-manage my SIPP now but originally I had an IFA and DFM.

I spent 12 months learning as much as I could about a subject that turned out to be relatively simple in concept...despite what the financial industry would have us all believe.
 
Unread 22-04-2020, 06:22 PM
dragflick
 
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Quote:
Originally Posted by measlyshark
They're a next gen diagnostic company. They specialise in liquid biopsies. To do this you take blood samples from cancer patients and then identify circulating tumor DNA from it. Very hard to do as there is a tiny amount of it floating around.

Be interesting if they've developed a Covid test on their platform.

Edit. They've teamed up with one of the industry behemoths (Cytiva, formerly GE healthcare) to develop an antigen test. A simple, saliva test to show if you currently have it. If it works, and they've developed one for Zika before, could be massive.
Press release this morning...

https://avacta.com/avacta-cytiva-par...=tw-2279270671
 
Unread 22-04-2020, 06:39 PM
measlyshark
 
Default

Quote:
Originally Posted by dragflick
Interesting. Their main tech advantage, if I remember correctly, is an easy to make, better version of an antibody. If it works out well it will be an equivalent to the current PCR test but quick and cheap.

Biotech doesn't fit the normal company metrics for what will be successful. I worked for, and had shares in a company, that sold for 18x revenue, which is ridiculous. I made $200 out of 30,000 shares.....no logic.

I've got shares in another company that I worked for, that could make me a million, or probably.... f*** all.

Websites like fierce biotech and genomeweb will give you a much better idea of a biotechs potential
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