| Home | Log In | Register | Our Services | My Account | Contact | Help |
You are NOT currently logged in
Register now or login to post to this thread.
PORTFOLIO 69 (69)
Juzzle
- 23 Jul 2017 10:51
Share prices are all shown in pence. A website link for each company is given below. This is primarily a reference thread for myself. Discussion of an individual stock should ideally take place on its own existing discussion thread please, where its followers can readily find it.
The stocks displayed here are not recommendations - merely ones that I have chosen to run with. Most have already risen precariously, and some may collapse.
This is an aggressive portfolio being constructed between 10 July and 30 July 2017. On 10 July it comprised small stakes in four stocks I already owned (SOM,RST,TPF,ANII) representing in total 8.6%, and 91.4% cash. Stakes in those four were increased and a dozen other stocks bought. By 24 July, 65% stocks, 35% cash. Mostly held within a stockdealing ISA. The cash element is not earning interest; it will at times be used to temporarily boost stakes in one or other of the stocks or to buy another. I pay an ISA fee of £5 per quarter in total, and a brokerage fee of £9.90 per trade..
Initially I aim to run it for 5 months till 31 Dec 2017, by when I am hoping to be up 15%. This portfolio was funded by proceeds from the sale of a flat, the rent from which was generating 7%pa. The aim is to convincingly better that return. At 31 December I shall consider withdrawing a sum equivalent to what would have been 5 months rent, and to possibly do the same each six months thereafter (though I shall reassess that plan at Dec 31). Stocks that fail to maintain good performance will be reduced or ditched along the way (can't afford passengers) a few others might be bought. Fast ones that get too big might be topsliced to keep the portfolio in balance. I expect the initial setting up costs (brokerage fees on 16 stocks, and buy/sell price spreads of up to 4%) to be a drag on overall valuation in the opening weeks.
##################################################
PORTFOLIO 69 ENDS AT POST 191, DETAILING A GAIN OF 79.64% BETWEEN
JULY AND END-OF-2017. PART OF THE TOTAL HAS BEEN CASHED IN AND
WITHDRAWN. THE START OF PORTFOLIO 70, RUNNING 3 MONTHS FROM
START OF 2018, IS DETAILED IN POST 192
##################################################
Juzzle
- 23 Jul 2017 10:57
- 2 of 222
Imminent dates for RESULTS/UPDATES/ETC
(I will try and keep this current, deleting when over a month old)
24 July 2017 - ACRL update from IC mag
25 July - FEVR - H1Results
27 July - BUR - H1 Results
6 Sept - WAND - Results
11 Sept - RST - Results
18 Sept - LTG H1 Results
21 Sept - QXT - H1 Results
(I will try and keep this current, deleting when over a month old)
24 July 2017 - ACRL update from IC mag
25 July - FEVR - H1Results
27 July - BUR - H1 Results
6 Sept - WAND - Results
11 Sept - RST - Results
18 Sept - LTG H1 Results
21 Sept - QXT - H1 Results
Juzzle
- 25 Jul 2017 08:53
- 3 of 222
Half Year Trading Update this morning from Restore (RST). In line with expectations. Results Sept 11.
Excellent H1 Results this morning from Fevertree (FEVR). Full Year results predicted to be materially ahead of expectations.
Excellent H1 Results this morning from Fevertree (FEVR). Full Year results predicted to be materially ahead of expectations.
Juzzle
- 27 Jul 2017 08:30
- 4 of 222
Excellent H1 Results from Burford Capital this morning (see (BUR) thread).
Nice trading update this morning from Keywords Studios (KWS)
Nice trading update this morning from Keywords Studios (KWS)
Juzzle
- 27 Jul 2017 12:04
- 5 of 222
Accrol is on a yellow card already; needs to bounce soon or be redcarded.
Juzzle
- 28 Jul 2017 18:05
- 6 of 222
I don't expect the portfolio valuation to pull convincingly clear of the initial setting up costs until September 2017. However the end-of-week valuation this evening shows it into profit at the moment; up 2.92%
Juzzle
- 31 Jul 2017 08:09
- 7 of 222
Nice half-year Results from Coats (COA) this morning. See detailed comment on COA thread.
Juzzle
- 01 Aug 2017 07:38
- 8 of 222
Trading update from Sanne Group this morning says
SANNE REPORTS GOOD GROWTH
(see SNN thread for detail)
SANNE REPORTS GOOD GROWTH
(see SNN thread for detail)
Juzzle
- 02 Aug 2017 11:55
- 9 of 222
Bought a few Wandisco (WAND). Not many. It's a stock whose value plummeted more than 90% from previous highs - and is currently up eightfold from its lows. No shortage of drama!
Juzzle
- 02 Aug 2017 12:35
- 10 of 222
Bought a few North Midland Construction (NMD) ahead of Results due next week (Aug 10). Recent strong rise may well have pushed it well up with results, so not without risk of dropping back. Freefloat less than 30% (much of the rest in family and directors hands), so it doesn't take much buying or selling to shift the price sharply either way, and can be very difficult to sell quickly if price is dropping.
cynic
- 02 Aug 2017 12:38
- 11 of 222
WAND
can't make up my mind about this one - see my post on the WAND thread
can't make up my mind about this one - see my post on the WAND thread
Juzzle
- 02 Aug 2017 12:55
- 12 of 222
Yes, I lost money on WAND in the past myself. Hence my minimal (once bitten) stake! Both NMD and WAND are among my smallest holdings.
Portfolio now comprises 17 stocks (=82%), plus cash (18%).
Three stocks (BUR,FEVR,TAP) account for 30% of the total at present.
Portfolio now comprises 17 stocks (=82%), plus cash (18%).
Three stocks (BUR,FEVR,TAP) account for 30% of the total at present.
CC
- 02 Aug 2017 13:03
- 13 of 222
Welcome to NMD. I have a largeish position from 115 and I'm not sure the results will be sufficient for it to hold it's value at 400 as the directors tend to be very cautious in the early part of the year.
However, the spread is such I can't trade in and out so I'm holding as within 2 years I think it's worth £8-10 per share.
Longer term I find it even more interesting and I believe it could turn into a serious multi-bagger.
Good luck. I find this portfolio very interesting as it's not the way I usually trade but I can definitely see its merits
However, the spread is such I can't trade in and out so I'm holding as within 2 years I think it's worth £8-10 per share.
Longer term I find it even more interesting and I believe it could turn into a serious multi-bagger.
Good luck. I find this portfolio very interesting as it's not the way I usually trade but I can definitely see its merits
CC
- 03 Aug 2017 09:00
- 14 of 222
Article in construction news on NMD today. Link on the NMD thread.
Good timing.
Good timing.
Juzzle
- 03 Aug 2017 16:21
- 15 of 222
Gamma results due 5 September
cynic
- 03 Aug 2017 16:54
- 16 of 222
NMD
i really couldn't invest in this one ....... it has to the most illiquid stock i have ever seen with just 500 traded today
good luck, for i know it has performed well of late
i really couldn't invest in this one ....... it has to the most illiquid stock i have ever seen with just 500 traded today
good luck, for i know it has performed well of late
Juzzle
- 04 Aug 2017 19:37
- 17 of 222
....... END-OF-WEEK-SUMMARY
....... Friday 4 August
....... Portfolio up 5.222%
Eight of my 17 stocks have yet to break even. Despite which, the overall valuation (winners + losers + cash) is now up 5.222% since the start, thanks to the nine that are into profit. Though it is fairly meaningless at this early stage when one collapsing stock can wipe out the whole current gain and more. I shall not be comfortable till at least 15% ahead.
....... Friday 4 August
....... Portfolio up 5.222%
Eight of my 17 stocks have yet to break even. Despite which, the overall valuation (winners + losers + cash) is now up 5.222% since the start, thanks to the nine that are into profit. Though it is fairly meaningless at this early stage when one collapsing stock can wipe out the whole current gain and more. I shall not be comfortable till at least 15% ahead.
Juzzle
- 07 Aug 2017 16:12
- 18 of 222
Cashed in my FEVR shares, for now, banking a nice quick 29% profit in 4 weeks.
It remains on my watchlist to buy again.
It remains on my watchlist to buy again.
Juzzle
- 08 Aug 2017 08:20
- 19 of 222
Bought IQE. Despite its price having already jumped 39% since its July 20 trading update. and despite it having already quadrupled in a year, and despite the erratic chart history. Results due 5 September.
Juzzle
- 08 Aug 2017 08:49
- 20 of 222
Sold ACRL for a 9% loss.
cynic
- 08 Aug 2017 08:51
- 21 of 222
FEVR
i have no intention at all of encashing any of these
i have now tripled my money in certainly less than a year, and made other profits when i traded it in earlier times
IQE
this has been another cracker and this has now doubled since i bought (6 months ago?)
BOO
my 3rd star performer whose value has more than doubled since the end of last year
i have no intention at all of encashing any of these
i have now tripled my money in certainly less than a year, and made other profits when i traded it in earlier times
IQE
this has been another cracker and this has now doubled since i bought (6 months ago?)
BOO
my 3rd star performer whose value has more than doubled since the end of last year
Juzzle
- 08 Aug 2017 09:10
- 22 of 222
Reduced my COA stake for now.
Portfolio is 30% cash at the moment - but some of that will go into topping up stakes.
Portfolio is 30% cash at the moment - but some of that will go into topping up stakes.
Juzzle
- 08 Aug 2017 09:56
- 23 of 222
Placed a limit order for a small stake in Horizon Discovery (HZD). (executed)
Juzzle
- 08 Aug 2017 13:55
- 24 of 222
Reduced my stake in Ideagen by two-thirds for now (IDEA)
Juzzle
- 08 Aug 2017 14:41
- 25 of 222
Wandisco (WAND) results due 4 weeks tomorrow (6 September)
cynic
- 08 Aug 2017 14:59
- 26 of 222
WAND, like QXT, has seemingly much potential, but both are illiquid and nearly always with wide spreads
fine to hold, but potentially dangerous to trade
fine to hold, but potentially dangerous to trade
Juzzle
- 08 Aug 2017 16:46
- 27 of 222
Yep.
H1 Results for QXT are due 21 September. I did look at this one when first setting up this portfolio but didn't buy. Can't recall what dissuaded me - but can't have been much or I wouldn't have added it to my 'Next?' watchlist for further consideration.
PS: Dates that I've been mentioning for results/updates etc are scattered among the above posts. Methinks I might pull them together in the header or with link from header.
H1 Results for QXT are due 21 September. I did look at this one when first setting up this portfolio but didn't buy. Can't recall what dissuaded me - but can't have been much or I wouldn't have added it to my 'Next?' watchlist for further consideration.
PS: Dates that I've been mentioning for results/updates etc are scattered among the above posts. Methinks I might pull them together in the header or with link from header.
Juzzle
- 09 Aug 2017 10:30
- 28 of 222
LTG H1 Results due 18 Sept
Juzzle
- 10 Aug 2017 10:41
- 29 of 222
A big reshuffle this morning; I have sold all remaining shares in Coats (COA), Aberdeen New India Investment Trust (ANII), Ideagen (IDEA), Learning Technology Group (LTG), Gamma Communications (GAMA), and DotDigital (DOTD). Charts and web links will be removed from header shortly. On three of those I made a loss. They are all companies that I would still consider worth holding within some other portfolio, but not in this one. Proceeds have partly been used to lift stakes in other holdings. No new stocks added.
Holding 11 stocks now, ten of which are in profit, one small holding is 4.3% below breakeven. My biggest holding now is in IQE (IQE). Smallest is North Midland Construction (NMD).
Cash element is now 21% of the portfolio, stocks 79%.
If anyone spots another stock which matches the type that I favour, please let me know and I'll have a butchers.
Holding 11 stocks now, ten of which are in profit, one small holding is 4.3% below breakeven. My biggest holding now is in IQE (IQE). Smallest is North Midland Construction (NMD).
Cash element is now 21% of the portfolio, stocks 79%.
If anyone spots another stock which matches the type that I favour, please let me know and I'll have a butchers.
Juzzle
- 10 Aug 2017 13:03
- 30 of 222
Much of the surge in the price of relatively small welsh company IQE is based on its wafers being a component, of a component, of the soon-to-be-announced Apple iPhone-8. If that turns out to be untrue - or if IQE involvement turns out to be smaller than expected - the price will surely dive bigtime. So it's a gamble. The upside if rumoured involvement is confirmed, is likely to be even more dramatic than the price rise already seen. Huge upside prospect; huge downside risk. With the share price already up more than fourfold in a year, a heck of a lot of expectation is already priced in.
IQE's half-year Results are out at 7am on September 5, with a presentation to analysts scheduled the same morning. If Apple do launch the iPhone-8 as early as September it could be much later in the month. IQE will not be at liberty to disclose anything about it ahead of Apple's own announcement. At that presentation they will be quizzed - and much will depend on how they sidestep the Apple questions without body language giving away anything at all ;-)
IQE's half-year Results are out at 7am on September 5, with a presentation to analysts scheduled the same morning. If Apple do launch the iPhone-8 as early as September it could be much later in the month. IQE will not be at liberty to disclose anything about it ahead of Apple's own announcement. At that presentation they will be quizzed - and much will depend on how they sidestep the Apple questions without body language giving away anything at all ;-)
skinny
- 10 Aug 2017 15:40
- 31 of 222
Juzzle
- 11 Aug 2017 09:25
- 32 of 222
A few flickers of blue. But red ink dominant this morning with USA-Korea tensions being the main quoted excuse. My stocks are tightly stretched ones, so I expect them to twang back a bit at times like this. Two blue, two green, eight red at the moment.
Juzzle
- 11 Aug 2017 17:45
- 33 of 222
....... END-OF-WEEK-UPDATE
....... Friday 11 August
....... Portfolio up 4.8%
Down a tad this week. But still up 4.8% on the July start a month ago, which is plenty good enough for now, especially as some of my stocks have only been in the portfolio 2 weeks or so. I am content to be ahead at all this early. This week's 20% rise at IQE compensated for some of the market slippage on others yesterday and today.
....... Friday 11 August
....... Portfolio up 4.8%
Down a tad this week. But still up 4.8% on the July start a month ago, which is plenty good enough for now, especially as some of my stocks have only been in the portfolio 2 weeks or so. I am content to be ahead at all this early. This week's 20% rise at IQE compensated for some of the market slippage on others yesterday and today.
cynic
- 11 Aug 2017 18:17
- 34 of 222
having been short DAX, i banked nearly all that profit during the day and am now long overall as i am hoping that as the lunatics are put back in their respective boxes, there will be at least a sharp relief rally
Chris Carson
- 11 Aug 2017 21:17
- 35 of 222
Wouldn't count on that cyners, if it's going up buy it, if it's going down sell it. Have a small short UKX and against the odds long SL. and ADN for Monday with tight stops on all three. Who knows what mayham could or will occur over the weekend. :0)
Juzzle
- 14 Aug 2017 08:02
- 36 of 222
Nice Half-year Results from Taliesin Property Fund (TPF) this morning. Despite the welsh name their property activities are almost all in Berlin. One of my longest running holdings. See http://www.moneyam.com/action/news/showArticle?id=5625070
Juzzle
- 14 Aug 2017 10:19
- 37 of 222
Even before this morning's further rise, south Wales based IQE had already become the biggest holding in this portfolio. Normally I would 'topslice' holdings to maintain a balanced portfolio, spreading the proceeds across other strong runners or keeping as cash awhile. At present I am running IQE without pruning it. So here is an explanation of what it is they do (lifted from last year's Results statement):
1. INDUSTRY BACKGROUND
Integrated circuits or "chips" are the critical components which lie at
the heart of all electronic devices. These chips are primarily
fabricated using silicon. Silicon is an abundant semiconducting element
which has enabled the Silicon chip market to grow to over $350 billion
pa. However, as a material, silicon has fundamental limitations in its
properties.
There is a range of other semiconducting elements which have much more
advanced properties than silicon. Compound semiconductors refers to the
technology of combining these other semiconducting elements to create
materials which overcome the inherent performance limitations of
silicon. This enables chip companies to produce compound semiconductor
chips which achieve functionality that silicon chips just cannot match.
Indeed, the wireless communications revolution, fibre optic
communication (the internet), and LED lighting would not be possible
without compound semiconductors.
2. OVERVIEW OF IQE
IQE designs and fabricates compound semiconductor wafers. It generates
its revenues primarily from selling bespoke wafers to its customers, who
in turn fabricate these wafers into compound semiconductor chips such as
wireless communication chips, laser devices, or advanced sensors. IQE is
also now leveraging its powerful IP portfolio to generate revenues from
licensing activities.
IQE differentiates itself from its competitors through technology
leadership, economies of scale, and dual site manufacturing for security
of supply. This has enabled IQE to develop a strong leadership position,
where it is recognised globally as the market leader, with an estimated
55% share of the wireless market and an unparalleled breadth of
materials technologies.
IQE has developed a market facing organisational structure, based around
its 6 key markets: Wireless, Photonics, Infrared, Solar, Power, and
CMOS++.
---------------------------------------------
The share price has multiplied more than sixfold in the past year or so.
1. INDUSTRY BACKGROUND
Integrated circuits or "chips" are the critical components which lie at
the heart of all electronic devices. These chips are primarily
fabricated using silicon. Silicon is an abundant semiconducting element
which has enabled the Silicon chip market to grow to over $350 billion
pa. However, as a material, silicon has fundamental limitations in its
properties.
There is a range of other semiconducting elements which have much more
advanced properties than silicon. Compound semiconductors refers to the
technology of combining these other semiconducting elements to create
materials which overcome the inherent performance limitations of
silicon. This enables chip companies to produce compound semiconductor
chips which achieve functionality that silicon chips just cannot match.
Indeed, the wireless communications revolution, fibre optic
communication (the internet), and LED lighting would not be possible
without compound semiconductors.
2. OVERVIEW OF IQE
IQE designs and fabricates compound semiconductor wafers. It generates
its revenues primarily from selling bespoke wafers to its customers, who
in turn fabricate these wafers into compound semiconductor chips such as
wireless communication chips, laser devices, or advanced sensors. IQE is
also now leveraging its powerful IP portfolio to generate revenues from
licensing activities.
IQE differentiates itself from its competitors through technology
leadership, economies of scale, and dual site manufacturing for security
of supply. This has enabled IQE to develop a strong leadership position,
where it is recognised globally as the market leader, with an estimated
55% share of the wireless market and an unparalleled breadth of
materials technologies.
IQE has developed a market facing organisational structure, based around
its 6 key markets: Wireless, Photonics, Infrared, Solar, Power, and
CMOS++.
---------------------------------------------
The share price has multiplied more than sixfold in the past year or so.
cynic
- 14 Aug 2017 20:48
- 38 of 222
#34 proved to be a very good call indeed :-)
Juzzle
- 15 Aug 2017 08:44
- 39 of 222
Of my 11 current holdings, ten are in profit and one (HZD, my smallest holding) is still in the red. Cash is currently 7% of portfolio, holdings 93%.
Juzzle
- 18 Aug 2017 17:22
- 40 of 222
....... END-OF-WEEK-SUMMARY
....... Friday 18 August 2017
....... Portfolio up 3.67% since start
Tech stocks - including mine - have taken a bashing yesterday and today. And the worst of them has been my biggest one! Portfolio performance overall is down this week; now 3.67% above where it started. I did cash in the majority of my holding in Keywords (KWS) but will likely buy back sometime.
Somero (SOM) is a US company whose share price rose strongly in the past six months in anticipation of a surge in construction work. But Mr Trump has not delivered on that. Which might explain why it is dropping.
....... Friday 18 August 2017
....... Portfolio up 3.67% since start
Tech stocks - including mine - have taken a bashing yesterday and today. And the worst of them has been my biggest one! Portfolio performance overall is down this week; now 3.67% above where it started. I did cash in the majority of my holding in Keywords (KWS) but will likely buy back sometime.
Somero (SOM) is a US company whose share price rose strongly in the past six months in anticipation of a surge in construction work. But Mr Trump has not delivered on that. Which might explain why it is dropping.
cynic
- 18 Aug 2017 18:21
- 41 of 222
hi m8 ..... been off line all day as came up to yorkshire to visit eldest child and his brood and only checked into hotel about 30 ago
all things considered, not too bad a day, with a small splodge of jam by banking 50% of a modest Dax short very late last night
indices looking a little more solid after hours
don't fret about IQE ...... i'ld be surprised (and very miffed) if it does not perk up considerably with the latest numbers and news from AAPL at the beginning of september
all things considered, not too bad a day, with a small splodge of jam by banking 50% of a modest Dax short very late last night
indices looking a little more solid after hours
don't fret about IQE ...... i'ld be surprised (and very miffed) if it does not perk up considerably with the latest numbers and news from AAPL at the beginning of september
Juzzle
- 25 Aug 2017 22:48
- 42 of 222
....... END-OF-WEEK-UPDATE
....... Friday 25 August
....... Portfolio up 6.42% since start
....... Friday 25 August
....... Portfolio up 6.42% since start
cynic
- 27 Aug 2017 19:59
- 43 of 222
if you removed IQE and FEVR, both of which must have performed exceptionally even in that short timescale, then what does your portfolio look like overall?
Juzzle
- 27 Aug 2017 22:39
- 44 of 222
Ain't got FEVR. Sold it on 7/8 - so its rise since then (6%?) hasn't contributed. Also sold most of my KWS on 18/8, but bought back on 22/8. Overall ten of my current holdings are in profit (but that doen't tell anyone much because I don't disclose the relative stake sizes). IQE has contributed a lot and is (at the moment) my biggest holding. I am 15% cash, 85% shares at present. IQE is responsible for about one third of my profit - so without it I would be up about 4.2%. Taptica has failed to contribute so far. Horizon is still a loss, and Somero's slide has held me back. Might carry my machete to market on Tueday..
Juzzle
- 01 Sep 2017 08:27
- 45 of 222
I have bought back into Learning Technologies Group (LTG) ahead of Interim Results due on 18 September.
Juzzle
- 01 Sep 2017 10:25
- 46 of 222
Ditched Horizon Discovery (HZD) for now - at a loss.
Juzzle
- 01 Sep 2017 21:04
- 47 of 222
....... END-OF-WEEK-UPDATE
....... Friday 1 September
....... Up 6.76% overall so far.
Disappointed that Taptica has not yet moved up a bit, but holding onto it.
....... Friday 1 September
....... Up 6.76% overall so far.
Disappointed that Taptica has not yet moved up a bit, but holding onto it.
cynic
- 03 Sep 2017 14:13
- 48 of 222
juzzle - sunday indices indicate much blood tomorrow ........ at least i have a small DAX short to cushion a bit
Stan
- 03 Sep 2017 15:36
- 49 of 222
Dow closed tomorrow.
Juzzle
- 04 Sep 2017 13:32
- 50 of 222
Cynic - yes. The day hasn't (yet) turned out as deeply red as expected. But my stocks are all red or green today - no blue ones.
14:08 EDIT - IQE has turned blue. I half expected that to be one of the bigger victims today, with holders sitting on such big gains and not wanting to risk them.
15:26 EDIT - Reduced my IQE exposure. Still big but smaller than was.
14:08 EDIT - IQE has turned blue. I half expected that to be one of the bigger victims today, with holders sitting on such big gains and not wanting to risk them.
15:26 EDIT - Reduced my IQE exposure. Still big but smaller than was.
Juzzle
- 07 Sep 2017 07:16
- 51 of 222
Half-year results from Sanne Group:
Sanne Group plc
("the Company") together with its subsidiaries ("the Group" or "SANNE")
Interim results for the six months ended 30 June 2017
6m to 30 June 2017 compared with 6m to June 30 2016
Revenue +104%
Underlying operating profit (1) +109%
Operating profit +59%
Underlying profit before tax (1) +105%
Profit before tax +54%
Underlying operating profit margin (1) +0.9%
Underlying diluted earnings per share (1) +60%
Underlying operating cash conversion (1) -18.4%
Interim dividend per share +31%
Highlights
- Group revenue for 2017 H1 increased by 104% to £56.3m (2016 H1: £27.6m) of which 15.3% was organic growth.
- Continued strong performance within each of the Group's business segments.
- New business with annualised fees of approximately £10m won in the first six months with a healthy pipeline continuing into the second half.
- Integration of prior year acquisitions progressing well with continued focus into the second half.
- Acquisition of IFS in Mauritius completed, broadening geographic footprint and significantly increasing scale and expertise.
- Continued strengthening of senior management team to deliver strategic capacity.
- Successful implementation of the new global operating structure.
- Development and expansion of the Group's fund technology capability continues to be a key focus.
- Larger office space secured in Hong Kong, Shanghai and Singapore to support growth in Asia-Pacific.
- Due to a change in the Group's expected effective tax rate, the Board now expects to deliver underlying EPS for the full year marginally ahead of its previous expectations.
Sanne Group plc
("the Company") together with its subsidiaries ("the Group" or "SANNE")
Interim results for the six months ended 30 June 2017
6m to 30 June 2017 compared with 6m to June 30 2016
Revenue +104%
Underlying operating profit (1) +109%
Operating profit +59%
Underlying profit before tax (1) +105%
Profit before tax +54%
Underlying operating profit margin (1) +0.9%
Underlying diluted earnings per share (1) +60%
Underlying operating cash conversion (1) -18.4%
Interim dividend per share +31%
Highlights
- Group revenue for 2017 H1 increased by 104% to £56.3m (2016 H1: £27.6m) of which 15.3% was organic growth.
- Continued strong performance within each of the Group's business segments.
- New business with annualised fees of approximately £10m won in the first six months with a healthy pipeline continuing into the second half.
- Integration of prior year acquisitions progressing well with continued focus into the second half.
- Acquisition of IFS in Mauritius completed, broadening geographic footprint and significantly increasing scale and expertise.
- Continued strengthening of senior management team to deliver strategic capacity.
- Successful implementation of the new global operating structure.
- Development and expansion of the Group's fund technology capability continues to be a key focus.
- Larger office space secured in Hong Kong, Shanghai and Singapore to support growth in Asia-Pacific.
- Due to a change in the Group's expected effective tax rate, the Board now expects to deliver underlying EPS for the full year marginally ahead of its previous expectations.
Juzzle
- 07 Sep 2017 15:48
- 52 of 222
Sold Wandisco (WAND), at a loss. Everyone on this boat needs to be rowing and that one wasn't. It may well perform a few months from now, but I need stocks that are moving now.
Juzzle
- 10 Sep 2017 08:26
- 53 of 222
....... END-OF-WEEK-UPDATE
....... Friday 8 September
....... Portfolio up 7.7% since beginning.
That's OK. Still on track and ahead of target. But I shalln't feel comfortable until the gain is at least 10%, so I can take a hit on one or two stocks without it mattering too much.
I have orders in place for Monday morning on a stock that takes me into an industry I've been wanting to get into for the past 2 years. Something occurred on Friday that makes this the right time to take a small stake. Will wait till order is filled before saying what it is.
....... Friday 8 September
....... Portfolio up 7.7% since beginning.
That's OK. Still on track and ahead of target. But I shalln't feel comfortable until the gain is at least 10%, so I can take a hit on one or two stocks without it mattering too much.
I have orders in place for Monday morning on a stock that takes me into an industry I've been wanting to get into for the past 2 years. Something occurred on Friday that makes this the right time to take a small stake. Will wait till order is filled before saying what it is.
cynic
- 10 Sep 2017 10:52
- 54 of 222
that's useful :-)
i'm currently in dubai where it's seriously hot ...... glad biz meetings keep me in the cool
banked juicy profit on IQE trading position on friday, but may well buy back tomorrow ahead of AAPL figures etc
i'm currently in dubai where it's seriously hot ...... glad biz meetings keep me in the cool
banked juicy profit on IQE trading position on friday, but may well buy back tomorrow ahead of AAPL figures etc
Juzzle
- 10 Sep 2017 12:38
- 55 of 222
APPL's product launch announcement comes at 6pm UK time Tuesday. So you've got two trading days ahead of it.
cynic
- 10 Sep 2017 14:33
- 56 of 222
thanks .... got my days/dates mixed up ..... all that travelling :-)
Juzzle
- 11 Sep 2017 08:59
- 57 of 222
My overnight orders got filled this morning, bought shares in Cheltenham-based Versarien (VRS) at various prices below 15.75p
Chart and company website link added to header above.
I stayed out of the 'graphene goldrush' in the past few years. In any such new industry there are many dozens of companies purporting to be at the forefront of development and production; some genuine but many not. Many investors have seen money creamed off by shysters who claimed to be making progress when making nothing. Others have marketed what they claim is graphene but is merely a thinnish (not thin enough) variant of graphite that fails to perform well and gets graphene a bad name.
On Friday 8 September, the International Standards Organization (ISO) published a document defining terms and conditions that will apply in preparing an ISO standard for graphene. Customers will be able to insist on compliance with that standard when fully published. It appears that around 90% of what is currently being marketed will not qualify as graphene. The graphene being produced by Versarien (Nanene) is expected to qualify.
Earlier on the same day, Versarien announced a contract awarded to its Total Carbide subsidiary by "a leading aero engine maker", which investors have since twigged is Rolls Royce.
Neither news item has yet been commented on by analysts or brokers. The company's agm is this week (Wed 13 Sept).
It is by no means a safe stock. It's a small company that has yet to build a strong regular customer base. It has yet to make a profit. It doesn't have a cushion to accommodate any untoward incidents. So any investment is made with fingers crossed. But it does have great potential if pieces of the jigsaw continue slotting into place they way they have been. They haven't splashed out on a flashy London HQ; the boss flies economy class everywhere. It seems carefully managed. Lombard Odier fund has been winding down its large stakes in various small companies lately, including this one, as part of a strategic policy change. That ongoing disposal will likely depress the share price awhile.
Chart and company website link added to header above.
I stayed out of the 'graphene goldrush' in the past few years. In any such new industry there are many dozens of companies purporting to be at the forefront of development and production; some genuine but many not. Many investors have seen money creamed off by shysters who claimed to be making progress when making nothing. Others have marketed what they claim is graphene but is merely a thinnish (not thin enough) variant of graphite that fails to perform well and gets graphene a bad name.
On Friday 8 September, the International Standards Organization (ISO) published a document defining terms and conditions that will apply in preparing an ISO standard for graphene. Customers will be able to insist on compliance with that standard when fully published. It appears that around 90% of what is currently being marketed will not qualify as graphene. The graphene being produced by Versarien (Nanene) is expected to qualify.
Earlier on the same day, Versarien announced a contract awarded to its Total Carbide subsidiary by "a leading aero engine maker", which investors have since twigged is Rolls Royce.
Neither news item has yet been commented on by analysts or brokers. The company's agm is this week (Wed 13 Sept).
It is by no means a safe stock. It's a small company that has yet to build a strong regular customer base. It has yet to make a profit. It doesn't have a cushion to accommodate any untoward incidents. So any investment is made with fingers crossed. But it does have great potential if pieces of the jigsaw continue slotting into place they way they have been. They haven't splashed out on a flashy London HQ; the boss flies economy class everywhere. It seems carefully managed. Lombard Odier fund has been winding down its large stakes in various small companies lately, including this one, as part of a strategic policy change. That ongoing disposal will likely depress the share price awhile.
cynic
- 12 Sep 2017 08:42
- 58 of 222
PDL
first ACA and now this ...... tanzania is obviously intent on grabbing all for itself - sorry; its governing families
small short at 83.35
first ACA and now this ...... tanzania is obviously intent on grabbing all for itself - sorry; its governing families
small short at 83.35
Juzzle
- 16 Sep 2017 07:50
- 59 of 222
....... END-OF-WEEK-UPDATE
....... Friday 15 September
....... Portfolio back to starting level!
Like I said last Friday - need to be ahead enough to accommodate an occasional kicking; This week I took enough of a hit on key holdings to knock my gain back. Right back to where I started! Both IQE and my newly acquired VRS took a bit of a bashing, as did MND. RST did nicely after publishing its results, but not nicely enough to compensate for the fallers. Hey ho. One bad week.
....... Friday 15 September
....... Portfolio back to starting level!
Like I said last Friday - need to be ahead enough to accommodate an occasional kicking; This week I took enough of a hit on key holdings to knock my gain back. Right back to where I started! Both IQE and my newly acquired VRS took a bit of a bashing, as did MND. RST did nicely after publishing its results, but not nicely enough to compensate for the fallers. Hey ho. One bad week.
Fred1new
- 16 Sep 2017 14:00
- 60 of 222
It was an unpleasant week.
But you can't take anything with you!
8-(
I have decided not to go.
But you can't take anything with you!
8-(
I have decided not to go.
Juzzle
- 18 Sep 2017 07:14
- 61 of 222
Good results published this morning by Learning Technologies Group (LTG)
"Strong start to H2 2017 with trading ahead of management's expectations and order book significantly ahead of the prior year on a like for like basis."
"Strong start to H2 2017 with trading ahead of management's expectations and order book significantly ahead of the prior year on a like for like basis."
Juzzle
- 18 Sep 2017 09:21
- 62 of 222
Ditched the remainder of my North Midland Construction shares (NMD) at a loss. Should have been more ruthless earlier instead of just selling half.
Juzzle
- 19 Sep 2017 08:11
- 63 of 222
Superb timing for Cheltenham based Versarien (VRS). The company announced this morning that it has won a UK government contract, the day before boss Neil Ricketts is due to address an audience of 500 bigname potential customers and investors, in Silicon Valley, California.
Juzzle
- 22 Sep 2017 17:46
- 64 of 222
Versarien's Chief Financial Officer Chris Leigh bought 150,000 shares today. Usually a good sign! He now holds 315,000 shares.
Juzzle
- 22 Sep 2017 17:54
- 65 of 222
....... END-OF-WEEK-UPDATE
....... Friday 22 September
....... Portfolio 1.65% in the red!
Another lousy week. Currently 1.65% down on where I started!
That is not nice. Biggest disappointment so far is not the slippage of price at IQE and VRS, both of which I remain content to hold, but Taptica (TAP) whose results are due Tuesday 26 Sept.
....... Friday 22 September
....... Portfolio 1.65% in the red!
Another lousy week. Currently 1.65% down on where I started!
That is not nice. Biggest disappointment so far is not the slippage of price at IQE and VRS, both of which I remain content to hold, but Taptica (TAP) whose results are due Tuesday 26 Sept.
cynic
- 22 Sep 2017 19:33
- 66 of 222
i think i was probably slightly ahead on the week, but neither sure nor concerned
PURP (and IQE) was very annoying today with its sudden excitement after an initial dump, but happy to remain short ........ the company and its ethics smell worse than 3-week-old fish
TLW came up bright and shiny, as did AHT and even AGK to a lesser extent
a late venture into DOM also did not disappoint
FEVR recovered some poise, so it'll be interesting to see what next week brings
DAX long was very fruitful though i have banked that juicy profit and am now short ...... i think a consolidation is o'due; perhaps some selling on the news of an expected german election result; chart resistance not far ahead; DOW stumbling a little
PURP (and IQE) was very annoying today with its sudden excitement after an initial dump, but happy to remain short ........ the company and its ethics smell worse than 3-week-old fish
TLW came up bright and shiny, as did AHT and even AGK to a lesser extent
a late venture into DOM also did not disappoint
FEVR recovered some poise, so it'll be interesting to see what next week brings
DAX long was very fruitful though i have banked that juicy profit and am now short ...... i think a consolidation is o'due; perhaps some selling on the news of an expected german election result; chart resistance not far ahead; DOW stumbling a little
Fred1new
- 22 Sep 2017 21:57
- 67 of 222
Perhaps, Surströmming!
cynic
- 24 Sep 2017 22:08
- 68 of 222
so then, the far right in germany has done even better than predicted
the ramifications of this are hard to judge, though for sure merkel's tenure will be more fragile, and perhaps significantly so ..... nor should the implication for the eu and the brussels "cosy club" be forgotten ..... perhaps some interesting and uncomfortable times ahead there
anyway, all the above cannot augur well for DAX at least for the short term
as i sit here in boston airport, i'm happy to be short
the ramifications of this are hard to judge, though for sure merkel's tenure will be more fragile, and perhaps significantly so ..... nor should the implication for the eu and the brussels "cosy club" be forgotten ..... perhaps some interesting and uncomfortable times ahead there
anyway, all the above cannot augur well for DAX at least for the short term
as i sit here in boston airport, i'm happy to be short
Stan
- 24 Sep 2017 22:17
- 69 of 222
Not a lot to worry about in my view Merkel's still safe.
cynic
- 24 Sep 2017 22:19
- 70 of 222
she still has to form a coalition ...... try some arithmetic
Stan
- 24 Sep 2017 22:22
- 71 of 222
As I say.. don't worry about it.
cynic
- 25 Sep 2017 07:11
- 72 of 222
good morning all ...... now in portugal
DAX indicating a weak opening, rather as i thought it would :-)
DAX indicating a weak opening, rather as i thought it would :-)
Juzzle
- 28 Sep 2017 18:57
- 73 of 222
I am likely to be out of signal tomorrow and next week, so might not post my usual weekly performance figure on those two Fridays.
Juzzle
- 29 Sep 2017 07:46
- 74 of 222
........ I don't have full net access today so cannot do a proper weekly update.
Juzzle
- 08 Oct 2017 20:51
- 75 of 222
Got a wifi signal momentarily - able to report end-of-week status for Friday 6 October:
....... END-OF-WEEK-UPDATE
....... Friday 6 October
....... Portfolio up 2.2%
Portfolio has recovered from last week's dip and is back into profit - albeit only 2.2% at present - but holdings looking OK.
Shorters of IQE resorted to making a play of their case in the popular press last week - and it was pretty feeble. I wasn't too concerned before, and am now not concerned at all. they seem to have got it into their heads that IQE's fortunes are dependent on sales of Apple's latest phone - and they aren't. They came up with no other logic for their big gamble. I remain happy to hold.
....... END-OF-WEEK-UPDATE
....... Friday 6 October
....... Portfolio up 2.2%
Portfolio has recovered from last week's dip and is back into profit - albeit only 2.2% at present - but holdings looking OK.
Shorters of IQE resorted to making a play of their case in the popular press last week - and it was pretty feeble. I wasn't too concerned before, and am now not concerned at all. they seem to have got it into their heads that IQE's fortunes are dependent on sales of Apple's latest phone - and they aren't. They came up with no other logic for their big gamble. I remain happy to hold.
cynic
- 09 Oct 2017 13:35
- 76 of 222
me too
Juzzle
- 13 Oct 2017 10:14
- 77 of 222
Versarien (VRS) is a bit slow in publishing news that its boss indicated should be expected around now. At present its price chart looks out of place in my header and my holding is in the red, spoiling my portfolio. I hope the next news is of summat commercially profitable rather than another collaboration agreement, useful though such agreements might eventually prove.
For the past 2 weeks I've had an order in place to buy shares in Red-T Energy (RED) at or below 10p, on the offchance that its recent surge might retrace a few pence allowing me in. I suspect that the next announcement from them will take it higher, and I might be running out of days in which to get onboard below its current level.
For the past 2 weeks I've had an order in place to buy shares in Red-T Energy (RED) at or below 10p, on the offchance that its recent surge might retrace a few pence allowing me in. I suspect that the next announcement from them will take it higher, and I might be running out of days in which to get onboard below its current level.
Juzzle
- 15 Oct 2017 08:11
- 78 of 222
....... END-OF-WEEK-UPDATE
....... Friday 13 October.
....... Portfolio 3.3% up since start
Portfolio is at present a mere 3.3% above where it started 3 months ago.
VRS is one of my biggest holdings and continues to be the biggest drag.
IQE is another of my biggest and although I have every confidence in it rocketing in 2018, it is still the focus of shorters whose presence affects market confidence in the immediate short term.
Had I balanced my portfolio by investing the same sum in each of my stocks, I would be more than 10% up now - so a lot is dependent upon my chosen imbalances proving to not be a mistake.
....... Friday 13 October.
....... Portfolio 3.3% up since start
Portfolio is at present a mere 3.3% above where it started 3 months ago.
VRS is one of my biggest holdings and continues to be the biggest drag.
IQE is another of my biggest and although I have every confidence in it rocketing in 2018, it is still the focus of shorters whose presence affects market confidence in the immediate short term.
Had I balanced my portfolio by investing the same sum in each of my stocks, I would be more than 10% up now - so a lot is dependent upon my chosen imbalances proving to not be a mistake.
Juzzle
- 19 Oct 2017 14:23
- 79 of 222
Reduced a few positions, banking profits on each. Bought some XL Media (XLM).
cynic
- 19 Oct 2017 16:09
- 80 of 222
i also banked a couple of trading position profits - MERL - EZJ (part) - AHT (still in sipp)
IQE trying to stage a recovery and am happy to sit with those in both trading and sipp
IQE trying to stage a recovery and am happy to sit with those in both trading and sipp
Juzzle
- 20 Oct 2017 22:53
- 81 of 222
....... END-OF-WEEK-UPDATE
....... Friday 20 October
....... Portfolio 4.34% up since start.
May not sound impressive, but I am content to stick with my latest tweak.
....... Friday 20 October
....... Portfolio 4.34% up since start.
May not sound impressive, but I am content to stick with my latest tweak.
Juzzle
- 24 Oct 2017 21:09
- 82 of 222
A very good day for this portfolio.
cynic
- 25 Oct 2017 08:05
- 83 of 222
out of curiosity, when did you start your portfolio, as +4.34% is rather meaningless without that?
Juzzle
- 25 Oct 2017 09:40
- 84 of 222
cynic - that was detailed in my header when thread was started ;-)
10 July could be taken as start date - though mostly in cash at that time. I am thinking of it as starting end of July, by when the cash was mostly allocated to stocks, so I can count 5 full months to end of December as my initial test period.
At close yesterday the portfolio was up 7% from start which is still behind target (basically looking for 15% in 5 months (15% by 31 Dec), (rough milestones of 6% e/o Sept, 9% e/o Oct, 12% e/o Nov).
10 July could be taken as start date - though mostly in cash at that time. I am thinking of it as starting end of July, by when the cash was mostly allocated to stocks, so I can count 5 full months to end of December as my initial test period.
At close yesterday the portfolio was up 7% from start which is still behind target (basically looking for 15% in 5 months (15% by 31 Dec), (rough milestones of 6% e/o Sept, 9% e/o Oct, 12% e/o Nov).
Juzzle
- 25 Oct 2017 09:46
- 85 of 222
Glad I ditched Accrol (ACRL) when I did (see posts 5 and 20). Recent news (Oct 5) could see it crash a lot lower when suspension is lifted. I was lucky.
cynic
- 25 Oct 2017 11:04
- 86 of 222
in 3/4 months, that's not a bad performance
cynic
- 25 Oct 2017 15:06
- 87 of 222
i can't determine my profit/growth on my sipp as i keep adding lumps of money, but i'm certainly not disappointed
i've got one or two crackerjacks, and of course the inevitable stinker or two
i've got one or two crackerjacks, and of course the inevitable stinker or two
Juzzle
- 26 Oct 2017 08:09
- 88 of 222
Australian company Cleanteq (www.cleanteq.com) (Aus ticker CLQ) looks interesting as a possible longterm investment. Specialising in sourcing the minerals required to serve the tech industries and already with fingers in many related pies. My portfolio is all in UK companies, but I shall look into this one when I get time.
cynic
- 26 Oct 2017 10:01
- 89 of 222
if you want to get away from uk, then india is the obvious growing economy
i would dream of investing in individual stocks - far too risky - but i have held JII.L for some time (sipp) and it chugs along very nicely
as a somewhat spivvy oz stock, it's also worth looking at CPX.L which has been a recent strong performer - again in my sipp
i would dream of investing in individual stocks - far too risky - but i have held JII.L for some time (sipp) and it chugs along very nicely
as a somewhat spivvy oz stock, it's also worth looking at CPX.L which has been a recent strong performer - again in my sipp
Juzzle
- 26 Oct 2017 13:33
- 90 of 222
I wasn't specifically looking for non-UK stocks. That one surfaced purely because of its possible connection with RedT Energy (RED).
cynic
- 26 Oct 2017 13:52
- 91 of 222
ah yes - you like these twiddly companies .... by and large, i do not
cynic
- 26 Oct 2017 15:22
- 92 of 222
IQE has been a cracker for those who have already been holding even if only for the last 6 months
my records show that i bought in feb/march '17 at an average of 51.2p, so though sp has dropped back from about 150, the gain at 139 is hardly to be sneezed at
my records show that i bought in feb/march '17 at an average of 51.2p, so though sp has dropped back from about 150, the gain at 139 is hardly to be sneezed at
Juzzle
- 26 Oct 2017 18:14
- 93 of 222
Indeed. And a further 100% rise in the next 12 months is perfectly feasible.
cynic
- 27 Oct 2017 15:10
- 94 of 222
AMZN has had a massive rise after its results
indeed, all 3 of my major US holdings - AMZN, AAPL, GOOG - are having a very good time
indeed, all 3 of my major US holdings - AMZN, AAPL, GOOG - are having a very good time
Juzzle
- 27 Oct 2017 17:36
- 95 of 222
....... END-OF-WEEK UPDATE
....... Friday 27 October
....... Portfolio is now up 8.6%
- following a strong rise this week (from 4.34% last Friday) which puts me back on track (e/o October target 9%, with 2 more trading days to go this month)
....... Friday 27 October
....... Portfolio is now up 8.6%
- following a strong rise this week (from 4.34% last Friday) which puts me back on track (e/o October target 9%, with 2 more trading days to go this month)
cynic
- 28 Oct 2017 10:11
- 96 of 222
do you work with s/b?
if so, do you calculate your profit/loss on outlay, as of course s/b is leveraged?
if so, do you calculate your profit/loss on outlay, as of course s/b is leveraged?
Juzzle
- 28 Oct 2017 11:28
- 97 of 222
I am not using spreadbets or any other leverage instruments with this particular portfolio.
I have used spreadbets successfully (mainly via IG) in the past, and will likely do so again, but this portfolio is being operated through an ordinary execution-only broker account (iDealing.com), buying and selling shares in the normal way.
I have used spreadbets successfully (mainly via IG) in the past, and will likely do so again, but this portfolio is being operated through an ordinary execution-only broker account (iDealing.com), buying and selling shares in the normal way.
cynic
- 28 Oct 2017 13:41
- 98 of 222
you have certainly done very well in just a few months
Juzzle
- 28 Oct 2017 15:23
- 99 of 222
Thank you. I shall not feel comfortable with this portfolio until the percentage gain is into double figures, so that I can accommodate a hit or two without that pushing me back down to where I started. My 5-month year-end (Dec 31st 2017) target remains 15%.
cynic
- 30 Oct 2017 08:35
- 100 of 222
IQE - rocking along once more and 149 as i write :-)
Juzzle
- 30 Oct 2017 17:11
- 101 of 222
Indeed. And Versarien looking a tad better now. Looks like being a very good month for IQE with so much related newsflow scheduled from its customers.
Juzzle
- 31 Oct 2017 07:14
- 102 of 222
Yesterdays rise in the share price of Versarien is followed by a significant collaboration announcement this morning -
Versarien plc (AIM: VRS), the advanced materials engineering group, is pleased to announce that it has entered into a collaboration with Israel Aerospace Industries ("IAI") to enable both groups to work together to develop and test Versarien's proprietary Nanene few layer graphene nano-platelets in aerospace composite structures.
IAI is a world leader in both the defence and commercial markets, delivering state-of-the-art technologies and systems in the domains of: air, space, land, sea, cyber, homeland security and intelligence, surveillance and reconnaissance.
IAI has agreed to purchase Nanene from Versarien, in a variety of forms, which will then be incorporated into composite panels for testing and evaluation, with a view to developing commercial applications for the technology. The collaboration is additionally expected to incorporate discussions and work with IAI's supply chain.
Moshe Medina, EVP and General Manager of IAI's Engineering and Development Group, commented: "IAI looks forward to collaborating with Versarien on graphene based composites, which we believe will help us create stronger and multi-functional materials. It is an ongoing challenge to harnesses the excellent micro-properties of graphene for enhancement of our composites."
Neill Ricketts, CEO of Versarien, commented: "We are delighted to be working with IAI, a global leader in aerospace technologies, to incorporate our graphene into a variety of composite structures. We will be working closely with the teams at IAI and their suppliers to test and evaluate the benefits of adding graphene to a variety of composite structures.
"The agreement with IAI is a significant step forward for Versarien, our first graphene collaboration in the aerospace sector, but it is just one example of the global relationships we are developing. There is increasing interest in the benefits that high quality graphene, of the types manufactured by Versarien, can add to material properties and we look forward to announcing further collaborations in due course."
Versarien plc (AIM: VRS), the advanced materials engineering group, is pleased to announce that it has entered into a collaboration with Israel Aerospace Industries ("IAI") to enable both groups to work together to develop and test Versarien's proprietary Nanene few layer graphene nano-platelets in aerospace composite structures.
IAI is a world leader in both the defence and commercial markets, delivering state-of-the-art technologies and systems in the domains of: air, space, land, sea, cyber, homeland security and intelligence, surveillance and reconnaissance.
IAI has agreed to purchase Nanene from Versarien, in a variety of forms, which will then be incorporated into composite panels for testing and evaluation, with a view to developing commercial applications for the technology. The collaboration is additionally expected to incorporate discussions and work with IAI's supply chain.
Moshe Medina, EVP and General Manager of IAI's Engineering and Development Group, commented: "IAI looks forward to collaborating with Versarien on graphene based composites, which we believe will help us create stronger and multi-functional materials. It is an ongoing challenge to harnesses the excellent micro-properties of graphene for enhancement of our composites."
Neill Ricketts, CEO of Versarien, commented: "We are delighted to be working with IAI, a global leader in aerospace technologies, to incorporate our graphene into a variety of composite structures. We will be working closely with the teams at IAI and their suppliers to test and evaluate the benefits of adding graphene to a variety of composite structures.
"The agreement with IAI is a significant step forward for Versarien, our first graphene collaboration in the aerospace sector, but it is just one example of the global relationships we are developing. There is increasing interest in the benefits that high quality graphene, of the types manufactured by Versarien, can add to material properties and we look forward to announcing further collaborations in due course."
Juzzle
- 01 Nov 2017 08:17
- 103 of 222
Two months away from my five month Dec 31st target of 15%, I ended October at 13.35% up. I think that could slip back a little though. The strong rise in VRS share price helped.
cynic
- 01 Nov 2017 08:35
- 104 of 222
FERG (formerly WOS) - had a little nibble at this yesterday, not least because it is a strong $-earner ..... a good move so far
IQE - flying off the shelves again this morning
IQE - flying off the shelves again this morning
Juzzle
- 01 Nov 2017 11:24
- 105 of 222
12:30pm today might see further movement of IQE price. That (I think) is when latest trading update from key customer Lumentum is due. Lumentum in turn are a key supplier of components to Apple.
Juzzle
- 01 Nov 2017 11:26
- 106 of 222
Another upcoming diary date - 8 November, half-year results due from cyber security firm Sophos (SOPH). (chart above)
cynic
- 01 Nov 2017 11:37
- 107 of 222
IQE - i had a successful in/out o'night - not big but a nice little profit for all that - since which time sp has fallen back to ~146 .... fingers x'ed
Juzzle
- 01 Nov 2017 18:20
- 108 of 222
Portfolio progress yesterday I thought was a bit peaky and might slip back. Instead it reached 15.1% by close today - which is my five month Dec 31st target two months early !!
Still possible it might slip back from there of course - any overstretched stock can implode.
Still possible it might slip back from there of course - any overstretched stock can implode.
Juzzle
- 03 Nov 2017 19:17
- 109 of 222
....... END-OF-WEEK-UPDATE
....... Friday 3 November
....... Portfolio now up 20.17%
Versarien (VRS) was a significant contributor, and looks like continuing to be so. They launched a two-day fundraising at 5pm today, and it was fully subscribed in under one hour. I tried to get some at the offer price of 18p but wasn't quick enough!
I have gone back through the thread standardising the format of my weekly updates, so I can find them more easily. They are now displayed the same way as this one.
....... Friday 3 November
....... Portfolio now up 20.17%
Versarien (VRS) was a significant contributor, and looks like continuing to be so. They launched a two-day fundraising at 5pm today, and it was fully subscribed in under one hour. I tried to get some at the offer price of 18p but wasn't quick enough!
I have gone back through the thread standardising the format of my weekly updates, so I can find them more easily. They are now displayed the same way as this one.
cynic
- 04 Nov 2017 09:01
- 110 of 222
interesting about VRS ..... perhaps i need to pay some attention to it despite the spread :-)
Juzzle
- 04 Nov 2017 11:44
- 111 of 222
cynic - VRS trading statement yesterday evening indicated we should expect a further update alongside the interim results on 29 November. That I guess might name one or both of the "two of the world's biggest consumer goods companies" who are expected to be agreeing a deal this month. Neither that/those nor the Israel Aerospace deal will actually contribute much to revenue anytime soon, so turnover stats are going to look low in relation to whatever ongoing rise in market capitalisation the rising share price creates. The share price is going to be reacting to the significance of the customer names and what it means for future prospects - and in pure financial terms is going to look unbalanced for now in the eyes of some analysts.
It does sound like the Israelis are keen to get beyond testing and into production as fast as they can, so I presume that the imminent scaling up of graphene output at Versarien will all go to them over the coming quarter, and the consumer goods companies, whoever they are, will be satisfied with test samples for most of next year. But that's purely my guess. I certainly expect enough newsflow over the coming 6 months to drive interest in the company among investors.
It does sound like the Israelis are keen to get beyond testing and into production as fast as they can, so I presume that the imminent scaling up of graphene output at Versarien will all go to them over the coming quarter, and the consumer goods companies, whoever they are, will be satisfied with test samples for most of next year. But that's purely my guess. I certainly expect enough newsflow over the coming 6 months to drive interest in the company among investors.
cynic
- 07 Nov 2017 08:28
- 112 of 222
FEVR
bear bums bitten badly - hohoho!
fy trading forecast materially ahead of expectations
bear bums bitten badly - hohoho!
fy trading forecast materially ahead of expectations
Juzzle
- 07 Nov 2017 09:00
- 113 of 222
A lot of the VRS shares that got bought at the weekend at 18p will be in the hands of traders seeking to make a fast profit by selling at a higher price as soon as the opportunity arises. The shares that were issued don't become available for trading until Friday 10 November. Their intentions will presumably colour the behaviour of the share price this week.
Juzzle
- 08 Nov 2017 09:00
- 114 of 222
Good half-year results from Sophos (SOPH) this morning. Some profit-takers might knock it back a little, but prospects look good. Though the price is maybe well up with latest expectations already. Market cap around 7x turnover.
cynic
- 10 Nov 2017 09:19
- 115 of 222
hey MrJ, bet you're happy you hold IQE as well as VRS :-)
Juzzle
- 10 Nov 2017 17:11
- 116 of 222
Sure am ;-)
Juzzle
- 10 Nov 2017 17:12
- 117 of 222
....... END-OF-WEEK-UPDATE
....... Friday 10 November
....... Portfolio now up 27.76% since July
....... Friday 10 November
....... Portfolio now up 27.76% since July
cynic
- 12 Nov 2017 10:50
- 118 of 222
.
cynic
- 12 Nov 2017 10:50
- 119 of 222
i am surprised to see the sunday indices looking so relaxed
i wonder if that will the case in the morning
gold must surely look more and more enticing as the default defensive position in times of uncertainty
i wonder if that will the case in the morning
gold must surely look more and more enticing as the default defensive position in times of uncertainty
Stan
- 12 Nov 2017 20:19
- 120 of 222
November a reasonable month for Gold generally as well, but who knows these days.
Juzzle
- 13 Nov 2017 07:57
- 121 of 222
I don't invest in gold, nor any other commodities. Nor do I invest in exploration stocks for gold, minerals, oil/gas. Never have. They are areas I am happy to leave to those who know their way around them.
cynic
- 13 Nov 2017 08:23
- 122 of 222
though you might not want venture into straight PPM's - there is an argument for holding at least a portion of real producers - you should perhaps consider holding some quality base metal miners
base metals, particularly copper, are key indicators of the strength of world economies and perhaps more importantly, are $-earners
for myself, i hold BLT and KAZ at a rather more risky level ..... AAL and ANTO might be others to consider
base metals, particularly copper, are key indicators of the strength of world economies and perhaps more importantly, are $-earners
for myself, i hold BLT and KAZ at a rather more risky level ..... AAL and ANTO might be others to consider
Juzzle
- 13 Nov 2017 11:55
- 123 of 222
It's an argument I have considered at times. Just not my cup of tea though ;-)
cynic
- 13 Nov 2017 15:36
- 124 of 222
.
cynic
- 13 Nov 2017 15:36
- 125 of 222
not sufficiently minnow for you :-)
meanwhile, IQE continue to surge
FEVR very odd as another institutional bunch has just taken its holkding above 5%
meanwhile, IQE continue to surge
FEVR very odd as another institutional bunch has just taken its holkding above 5%
cynic
- 15 Nov 2017 10:32
- 126 of 222
DAX has collapsed in a very bloody heap and other markets are not doing much better
glad my trading exposure is (always) light
glad my trading exposure is (always) light
Juzzle
- 16 Nov 2017 09:12
- 127 of 222
Cashed in my holding in RST for now.
cynic
- 16 Nov 2017 11:05
- 128 of 222
have just added further tranches in my sipp to VRS and OXB, the latter being the more risky
Juzzle
- 16 Nov 2017 12:56
- 129 of 222
cynic - VRS we know will be publishing its half-year results a week next Wednesday. Boss Neil Ricketts has dropped heavy hints that we might enjoy a good Xmas. I don't know if that relates to the results or to the expected announcement of two big global customers, which sound likely to come this month or next. If they don't come before the results, he indicated that the results statement would include an update on their progress.
Juzzle
- 17 Nov 2017 16:54
- 130 of 222
....... END-OF-WEEK-UPDATE
....... Friday 17 November
....... Portfolio now up 29% since July
Dropped away midweek but recovered nicely.
....... Friday 17 November
....... Portfolio now up 29% since July
Dropped away midweek but recovered nicely.
Stan
- 17 Nov 2017 17:02
- 131 of 222
Sell sell! seriously though well done.
dreamcatcher
- 17 Nov 2017 17:03
- 132 of 222
Well done.
Juzzle
- 18 Nov 2017 00:31
- 133 of 222
Thanks guys. I am so far ahead of my expected trajectory at the moment that I have given serious consideration to cashing everything in and sitting out the final six weeks of 2017 - before launching a new six month portfolio on 1st January.
A few of my stocks are a bit wobbly - and I might do a bit of rebalancing on Monday. Though rebalancing is probably the wrong word, as I am likely to remain overweight in VRS and IQE.
My only concern with VRS is that, no matter how strong a team they might have, it does appear that the ceo Neill Ricketts is perceived as crucial to their success. Were any illness or accident to befall him, I suspect the immediate short term market reaction would be sharply negative.
A few of my stocks are a bit wobbly - and I might do a bit of rebalancing on Monday. Though rebalancing is probably the wrong word, as I am likely to remain overweight in VRS and IQE.
My only concern with VRS is that, no matter how strong a team they might have, it does appear that the ceo Neill Ricketts is perceived as crucial to their success. Were any illness or accident to befall him, I suspect the immediate short term market reaction would be sharply negative.
Mega Bucks
- 20 Nov 2017 09:19
- 134 of 222
Very well done on your portfolio performance
Juzzle
- 20 Nov 2017 17:12
- 135 of 222
Thanks Mega. Another good day today has bumped it up again. But Taptica (TAP) remains a disappointment. I am prepared to hang onto it but I am still in the red on that one. I tried adding to my VRS stake this morning (left an overnight order in place at 24p) but it raced away and I didn't buy. Delighted how it ended the day though. :-)
Juzzle
- 21 Nov 2017 07:17
- 136 of 222
Nice update this morning from XL Media (XLM)
"Strong growth continues with trading ahead of expectations"
Should help reverse recent slide.
"Strong growth continues with trading ahead of expectations"
Should help reverse recent slide.
Juzzle
- 21 Nov 2017 16:01
- 137 of 222
Versarien (VRS) just keeps on climbing :-)
cynic
- 21 Nov 2017 16:57
- 138 of 222
i hold a modest 25,000 shares and already they are showing a chunky 55% paper profit
difficult to dtermine whether or not to buy more, and if so, at up to what limit
difficult to dtermine whether or not to buy more, and if so, at up to what limit
cynic
- 22 Nov 2017 13:07
- 139 of 222
VRS
this has proved to be a humdinger over recent weeks
figures are due a week today ..... for sure these will be strong as will be the forecast, but it remains to be seen how sp will react given recent rises
my own modest holding is for the longer term, so i shall not be unduly concerned by any pull back, and just possibly shall use such as a chance to buy a few more
this has proved to be a humdinger over recent weeks
figures are due a week today ..... for sure these will be strong as will be the forecast, but it remains to be seen how sp will react given recent rises
my own modest holding is for the longer term, so i shall not be unduly concerned by any pull back, and just possibly shall use such as a chance to buy a few more
Juzzle
- 22 Nov 2017 15:09
- 140 of 222
Some of the stocks in the header I no longer hold - but might switch in and out of whenever. Meanwhile with less than 6 weeks to go before this first exercise ends, my portfolio is way ahead of target and comprises VRS, IQE, BUR, TPF, XLM, TAP, SOPH, KWS (though not in equal amounts), and with 45% currently in cash. That cash is earning no interest so I am looking to put some of it back into shares.
cynic
- 22 Nov 2017 15:26
- 141 of 222
i hold IQE and VRS
i know of SOPH but have never even looked at the others ...... i guess they're all minnows as that is usually your preference
i know of SOPH but have never even looked at the others ...... i guess they're all minnows as that is usually your preference
Juzzle
- 22 Nov 2017 15:41
- 142 of 222
;-)
Juzzle
- 22 Nov 2017 15:44
- 143 of 222
Cashed in the majority of my VRS today banking a huge profit. Hoping to buy back into it a bit lower between now and next Tuesday. If an rns tomorrow morning sends even further skyward I shall kick myself of course :-O
cynic
- 22 Nov 2017 15:46
- 144 of 222
figures are due next wednesday from memory
i'm more than happy to hold long term, so if there is a significant drop due to no more than profit taking and sewlling on the news, i may buy more
i'm more than happy to hold long term, so if there is a significant drop due to no more than profit taking and sewlling on the news, i may buy more
Juzzle
- 22 Nov 2017 17:10
- 145 of 222
I see that today's budget did not include any increase in the ISA subscription which remains at £20,000 for 2018-19.
90% of my portfolio is within a fully subscribed sharedealing ISA, 10% of it is in a standard sharedealing account. I hope to leave the ISA intact beyond 31 Dec and to make my intended year-end withdrawals from the non-ISA part of my portfolio.
But all my biggest gains so far are in the ISA account. I need to do summat to bump up the non-ISA account performance (without further funding it), so that I can draw on that for subscribing to my 2018-19 ISA as well as any withdrawals. Holdings in that account are my TPF, SOPH and small portions of my TAP and IQE holdings. CGT considerations will play a part in determining when I trade the non-ISA stocks - some of which I might want to hold till after April 5th. So the timing of my sells in that lesser account is considerably less flexible than my ISA dealings.
90% of my portfolio is within a fully subscribed sharedealing ISA, 10% of it is in a standard sharedealing account. I hope to leave the ISA intact beyond 31 Dec and to make my intended year-end withdrawals from the non-ISA part of my portfolio.
But all my biggest gains so far are in the ISA account. I need to do summat to bump up the non-ISA account performance (without further funding it), so that I can draw on that for subscribing to my 2018-19 ISA as well as any withdrawals. Holdings in that account are my TPF, SOPH and small portions of my TAP and IQE holdings. CGT considerations will play a part in determining when I trade the non-ISA stocks - some of which I might want to hold till after April 5th. So the timing of my sells in that lesser account is considerably less flexible than my ISA dealings.
cynic
- 23 Nov 2017 08:31
- 146 of 222
pension fund works
cynic
- 24 Nov 2017 09:43
- 147 of 222
CLLN
still slowly sinking into the quicksand :-)
still slowly sinking into the quicksand :-)
Juzzle
- 24 Nov 2017 10:07
- 148 of 222
So far It looks like I called it wrong in cashing in a big chunk of my VRS gain hoping to buy back more shares when it fell back. Pesky thing keeps rising! I bought a few back (at a price higher than I sold) and have orders in place to buy back more if it does slip - which it could still do today if some of the holders decide Friday is a good day to bank the huge gains they made this week. But demand seems solid - and might be solid enough to outweigh those sellers cashing in gains.
I haven't lost money in attempting this manoeuvre - but have missed out on a further gain. However, my end-of-week progress update this evening is looking like being extremely good, so I shalln't be crying.
I haven't lost money in attempting this manoeuvre - but have missed out on a further gain. However, my end-of-week progress update this evening is looking like being extremely good, so I shalln't be crying.
cynic
- 24 Nov 2017 10:55
- 149 of 222
nor i :-)
2517GEORGE
- 24 Nov 2017 11:05
- 150 of 222
Long may the sp continue to rise I'm in from late September @ 14.43p
Juzzle
- 24 Nov 2017 17:05
- 151 of 222
....... END-OF-WEEK-UPDATE
....... Friday 24 November
....... Portfolio now up a whopping 55.55% since July
(up from 29% last Friday)
Thanks largely to having previously shovelled a big percentage of the portfolio into VRS - and despite having cashed a big chunk of that prematurely (I would done even better if I had left it alone!).
....... Friday 24 November
....... Portfolio now up a whopping 55.55% since July
(up from 29% last Friday)
Thanks largely to having previously shovelled a big percentage of the portfolio into VRS - and despite having cashed a big chunk of that prematurely (I would done even better if I had left it alone!).
dreamcatcher
- 24 Nov 2017 17:31
- 152 of 222
Well done.
cynic
- 29 Nov 2017 10:36
- 153 of 222
BVIC
have held this for a good while in my sipp, and though it's never lost me money, i have been tempted to dump it a few times ...... this morning's news is therefore very welcome
* Shares in soft drinks maker Britvic rise 6 pct to hit all-time high
* Full-year adj core earnings up 5.1 pct
* Warns that introduction of soft drinks tax in Britain and Ireland would create uncertainties in the sector [nL3N1NZ39F]
* Adds nevertheless it remains "confident of making further progress next year"
* "FY18 faces uncertainty (GB sugar tax) but we expect low single digit upgrade to consensus on today's results", says Morgan Stanley
=================
cashed in and put those funds into IMM
have held this for a good while in my sipp, and though it's never lost me money, i have been tempted to dump it a few times ...... this morning's news is therefore very welcome
* Shares in soft drinks maker Britvic rise 6 pct to hit all-time high
* Full-year adj core earnings up 5.1 pct
* Warns that introduction of soft drinks tax in Britain and Ireland would create uncertainties in the sector [nL3N1NZ39F]
* Adds nevertheless it remains "confident of making further progress next year"
* "FY18 faces uncertainty (GB sugar tax) but we expect low single digit upgrade to consensus on today's results", says Morgan Stanley
=================
cashed in and put those funds into IMM
skinny
- 29 Nov 2017 11:14
- 154 of 222
I hate this thread :-)
Seriously - well done Juzzle!
Seriously - well done Juzzle!
Juzzle
- 30 Nov 2017 07:24
- 155 of 222
Sir Derek Jones appointed as a non-executive director at IQE - brings some strong connections:
http://www.moneyam.com/action/news/showArticle?id=5762291
http://www.moneyam.com/action/news/showArticle?id=5762291
cynic
- 30 Nov 2017 13:20
- 156 of 222
VRS
i guess i'll hang on to the rump of my holding, though it is also tempting to bank the final lump of a very good profit, notwithstanding the falls of the last couple of days
i guess i'll hang on to the rump of my holding, though it is also tempting to bank the final lump of a very good profit, notwithstanding the falls of the last couple of days
cynic
- 01 Dec 2017 17:34
- 157 of 222
good evening MrJ ..... a chap on the other side has mentioned TAP
are you still holding this, and if so, what is your view?
it's not a company i have ever followed at all
are you still holding this, and if so, what is your view?
it's not a company i have ever followed at all
cynic
- 01 Dec 2017 17:40
- 158 of 222
VRS
took a late plunge and bought back 80% of the lot i sold at 49 for 57.5
fortunately VRS looks to have closed at 60/62, so fingers x'ed for the future
took a late plunge and bought back 80% of the lot i sold at 49 for 57.5
fortunately VRS looks to have closed at 60/62, so fingers x'ed for the future
Juzzle
- 01 Dec 2017 17:42
- 159 of 222
I still hold Taptica (TAP) and am into profit on it. But I am a cautious holder of it and might reduce my stake. It currently represents 6.73% of my portfolio which is a bit too much for my liking. I might trim it to below 5%.
cynic
- 01 Dec 2017 17:43
- 160 of 222
but presumably you still feel it has some reasonable upside?
Juzzle
- 01 Dec 2017 17:46
- 161 of 222
I still expect good news of some sort from VRS befor Xmas. It remains my biggest holding. The tranche that I sold around at 37.5% in the hope of buying in again lower, I ended up having to pay 40p for - so that didn't work. But it ain't doing bad ;-)
Juzzle
- 01 Dec 2017 17:50
- 162 of 222
Taptica, yes, I still expect more from it between now and Easter. But I confess to not being totally convinced and am prepared to drop it if it annoys me.
Juzzle
- 01 Dec 2017 17:52
- 163 of 222
....... END-OF-WEEK-UPDATE
....... Friday 01 December
....... Portfolio now up a whopping 85.83% since July
A phenomenally good week. Mostly thanks to VRS which despite the huge surge, I think still has legs. I ditched Sophos (SOPH) today at a loss, but it stays on my watchlist. (Purchase poorly timed by me)
....... Friday 01 December
....... Portfolio now up a whopping 85.83% since July
A phenomenally good week. Mostly thanks to VRS which despite the huge surge, I think still has legs. I ditched Sophos (SOPH) today at a loss, but it stays on my watchlist. (Purchase poorly timed by me)
dreamcatcher
- 01 Dec 2017 17:54
- 164 of 222
Thanks juzzle for bringing VRS to my and others attention, I cannot watch them all.
Juzzle
- 01 Dec 2017 17:58
- 165 of 222
dreamcatcher - until I came to set up this portfolio in July, I had never heard of it. I got lucky.
dreamcatcher
- 01 Dec 2017 18:48
- 166 of 222
Juzzle
- 01 Dec 2017 19:06
- 167 of 222
He might be right, he might be wrong. But his own judgment has crumbled somewhat since his glory days.
https://www.ft.com/content/c6ef0f16-d51f-11e7-a303-9060cb1e5f44
I am under no illusions regarding the riskiness of the stocks I play with. They are all vulnerable to collapse.
https://www.ft.com/content/c6ef0f16-d51f-11e7-a303-9060cb1e5f44
I am under no illusions regarding the riskiness of the stocks I play with. They are all vulnerable to collapse.
Chris Carson
- 01 Dec 2017 23:31
- 168 of 222
Well that's AIM for you Juzzle, you have picked the right ones and traded them well. Well done, bit of a hat tip to dc, he does come up with some crackers.
dreamcatcher
- 02 Dec 2017 12:42
- 169 of 222
and a few stinkers Chris. :-))
Juzzle
- 04 Dec 2017 08:26
- 170 of 222
When VRS went bananas on Friday, I wondered if some news had leaked. This morning the news is very BIG news! Their (unnamed) new customer appears to be (probably) DowDupont? (Dow and DuPont would both have been Versarien's 'biggest potential customers' list - and a month ago those two merged. So both big fish have been landed together if the name guessing is correct)
cynic
- 04 Dec 2017 08:32
- 171 of 222
#158 - what a lucky chap i am
Juzzle
- 04 Dec 2017 11:57
- 172 of 222
Several of the charts in my header relate to stocks that have formed part of this portfolio at times, but in some cases no longer do - but they remain on my watchlist to possibly buy back into at times. Others look a little exhausted. I shall rearrange the header charts later this week. (I might decrease the size of charts that are now merely on my watchlist).
cynic
- 06 Dec 2017 11:26
- 173 of 222
VRS
on the move up again (+6.5%) albeit on pretty low volume
on the move up again (+6.5%) albeit on pretty low volume
Juzzle
- 08 Dec 2017 18:22
- 174 of 222
....... END-OF-WEEK-UPDATE
....... Friday 08 December
....... Portfolio now up 119.8% since July
Up 18.29% on a week ago.
Only another 3 weeks or so to go to the end of this adventure and the start of the next.
Added a few more IQE this afternoon ahead of a (probable) trading update next week. Fully invested; only 0.3% cash now. VRS and IQE between them account for most of the portfolio. 21.4% is in IQE, 63.64% is in VRS, 15% others, making it the most dangerously unbalanced portfolio I've ever held.
....... Friday 08 December
....... Portfolio now up 119.8% since July
Up 18.29% on a week ago.
Only another 3 weeks or so to go to the end of this adventure and the start of the next.
Added a few more IQE this afternoon ahead of a (probable) trading update next week. Fully invested; only 0.3% cash now. VRS and IQE between them account for most of the portfolio. 21.4% is in IQE, 63.64% is in VRS, 15% others, making it the most dangerously unbalanced portfolio I've ever held.
cynic
- 09 Dec 2017 08:36
- 175 of 222
IQE next figures not due until march, so unsure if or why there should be any trading statement - unless they tend to do so quarterly
had a little trading play with CVSG yesterday, which is currently nicely in the money .... i hold in my sipp anyway, so shall probably take profits quite quickly
out of interest, do you calculate your portfolio balance from cost price or current?
had a little trading play with CVSG yesterday, which is currently nicely in the money .... i hold in my sipp anyway, so shall probably take profits quite quickly
out of interest, do you calculate your portfolio balance from cost price or current?
Juzzle
- 10 Dec 2017 15:12
- 176 of 222
The percentage of total portfolio value that I'm referring to is using latest current value of holdings vs total current value (shareholdings plus cash content) of portfolio. Overall performance figure is percentage gain relative to total portfolio value when first established in July (no cash being added or withdrawn till 31 Dec)
IQE published a mid-December update in 2015 and 2016. That doesn't necessarily mean they'll do the same this year. I don't think they've said they will - which leaves them scope to do so or not do so. But if they have the choice to do so or not, and do so, I imagine that it will say summat they are happy to declare ;-)
Whether they issue an update or not, I am happy to hold. It is likely that my next exercise (a portfolio starting 1st January) will include a continuation of my IQE holding. I haven't yet decided whether to run the new portfolio till June 30 or April 5.
EDIT: For my own accounting purposes I am continuing to refer to closing this portfolio at 31 December. In reality of course the stockmarket ends 2017 a couple of days before that. And the portfoilo I intend running from 1st January will not trade till the day the 2018 market opens.
IQE published a mid-December update in 2015 and 2016. That doesn't necessarily mean they'll do the same this year. I don't think they've said they will - which leaves them scope to do so or not do so. But if they have the choice to do so or not, and do so, I imagine that it will say summat they are happy to declare ;-)
Whether they issue an update or not, I am happy to hold. It is likely that my next exercise (a portfolio starting 1st January) will include a continuation of my IQE holding. I haven't yet decided whether to run the new portfolio till June 30 or April 5.
EDIT: For my own accounting purposes I am continuing to refer to closing this portfolio at 31 December. In reality of course the stockmarket ends 2017 a couple of days before that. And the portfoilo I intend running from 1st January will not trade till the day the 2018 market opens.
cynic
- 12 Dec 2017 08:20
- 177 of 222
AHT
GREAT rns from this quarter has sent sp rocketing by 90p (4.5%)
glad i hold in sipp already and also bought a few to trade yesterday
a happy start to the day
GREAT rns from this quarter has sent sp rocketing by 90p (4.5%)
glad i hold in sipp already and also bought a few to trade yesterday
a happy start to the day
Juzzle
- 12 Dec 2017 16:16
- 178 of 222
Versarien taking a bit of a bashing this week. Same happened 3 weeks ago with no lasting effect. Sadly I have no spare cash to buy more at these lowered prices.
cynic
- 13 Dec 2017 07:50
- 179 of 222
PURP
augurs well for the lttle treading position i opened a couple of days back ......
H1 Average Uk Income Per Instruction Up 14% To £1,138
Uk Revenue Guidance For Full Year Upgraded 5% From £80m To £84m
On-course To Achieve Full Year Revenue Guidance Of £12m In Australia
H1 Total Gross Profit 26.2 Million Pounds Versus 10.4 Million Pounds Year Ago
Uk Business Continues To Scale Up N H1, Reporting An Adjusted Ebitda Profit Of £4.7m (Fy17: £0.3m) And An Operating Profit Of £3.2m
augurs well for the lttle treading position i opened a couple of days back ......
H1 Average Uk Income Per Instruction Up 14% To £1,138
Uk Revenue Guidance For Full Year Upgraded 5% From £80m To £84m
On-course To Achieve Full Year Revenue Guidance Of £12m In Australia
H1 Total Gross Profit 26.2 Million Pounds Versus 10.4 Million Pounds Year Ago
Uk Business Continues To Scale Up N H1, Reporting An Adjusted Ebitda Profit Of £4.7m (Fy17: £0.3m) And An Operating Profit Of £3.2m
Juzzle
- 14 Dec 2017 12:13
- 180 of 222
XL Media (XLM) proving itself a good choice at present - up 50% in 2 months ;-)
Juzzle
- 15 Dec 2017 08:00
- 181 of 222
In today's statement from Burford (BUR):
".. The performance to date of the funds business has exceeded our expectations .."
".. The performance to date of the funds business has exceeded our expectations .."
Juzzle
- 15 Dec 2017 08:30
- 182 of 222
Still waiting for the IQE update .. not many days left this year:
This from their Nov 9 statement:
".. should the VCSEL ramp continue along its current growth curve
during this quarter, then there is potential for FY17 earnings to exceed
current expectations. The Board will continue to monitor current trading
and plans to provide a pre-close trading update no later than the end of
the year."
This from their Nov 9 statement:
".. should the VCSEL ramp continue along its current growth curve
during this quarter, then there is potential for FY17 earnings to exceed
current expectations. The Board will continue to monitor current trading
and plans to provide a pre-close trading update no later than the end of
the year."
cynic
- 15 Dec 2017 08:40
- 183 of 222
IQE
though i too would like to see a "jolly" rns from this quarter, that's more for the benefit of the tading position i have
i hold a great many more in my sipp which has a much longer view on life, so relatively unimportant
though i too would like to see a "jolly" rns from this quarter, that's more for the benefit of the tading position i have
i hold a great many more in my sipp which has a much longer view on life, so relatively unimportant
cynic
- 15 Dec 2017 10:09
- 184 of 222
AHT
tempted to buy back in
i think the fall has been heavily overdone ..... furthermore the chart indicates that a support level may have been hit - eg level itself and also just touching 50 ema (or dma = much the same)
==============
put money with mouth for a modest number on my trading a/c at 1904
tempted to buy back in
i think the fall has been heavily overdone ..... furthermore the chart indicates that a support level may have been hit - eg level itself and also just touching 50 ema (or dma = much the same)
==============
put money with mouth for a modest number on my trading a/c at 1904
Juzzle
- 15 Dec 2017 19:44
- 185 of 222
....... END-OF-WEEK-UPDATE
....... Friday 15 December
....... Portfolio now up 86.2% since July
An 'orrible week in which my two heavily overweight holdings got bashed, knocking my portfolio back somewhat. Hey ho. That's the risk in an unbalanced mix. Not many trading days left in which to reclaim lost ground - but still an excellent return.
....... Friday 15 December
....... Portfolio now up 86.2% since July
An 'orrible week in which my two heavily overweight holdings got bashed, knocking my portfolio back somewhat. Hey ho. That's the risk in an unbalanced mix. Not many trading days left in which to reclaim lost ground - but still an excellent return.
cynic
- 16 Dec 2017 09:05
- 186 of 222
i think you're being hard on yourself, though because your portfolio is heavily weighted towards small and thus volatile shares, swings are always likely to be quite violent
Juzzle
- 16 Dec 2017 18:38
- 187 of 222
Thank you. Luckily I'm so far ahead of the target I set myself, that even with further falls I expect to end the year with a happy gain ;-)
Juzzle
- 20 Dec 2017 08:47
- 188 of 222
Taliesin Property Fund (TPF), a company in which I've held a small stake for years (share price doubling in 2 years), has been snapped up in an agreed takeover. One of several such takeovers taking place in the Berlin property market. And the directors have accepted a price which is much too low in my opinion. Ridiculously low. It does mean that my Portfolio 69 gets a small boost this morning on the announcement - but I would much rather have continued as a longterm holder. To avoid waiting for the transaction to go through in the new year (which would lock me into a rigid timetable) I have cashed in my holding, on the presumption that a counter bid is effectively ruled out.
EDIT: I think that leaves only one UK-listed company involved in Berlin property - Phoenix Spree Deutschland (PSDL).
EDIT: I think that leaves only one UK-listed company involved in Berlin property - Phoenix Spree Deutschland (PSDL).
Juzzle
- 20 Dec 2017 10:20
- 189 of 222
Having topped up my IQE stake in anticipation of a pre-Xmas trading update, it looks like I may as well have waited. I expect the share price to strengthen into the new year - but not in time to favour my Dec 31st portfolio outcome.
Juzzle
- 22 Dec 2017 17:56
- 190 of 222
....... END-OF-WEEK-UPDATE
....... Friday 22 December
....... Portfolio now up 83% since July
A poor week. Next week - the final week for this portfolio - is only a half week.
....... Friday 22 December
....... Portfolio now up 83% since July
A poor week. Next week - the final week for this portfolio - is only a half week.
Juzzle
- 30 Dec 2017 12:58
- 191 of 222
.
END-OF-2017-UPDATE Portfolio drifted back this month, but from its July start, to the end of 2017, the gain is 79.64%.
I am happy with that. I could have achieved a higher return if I had cashed in everything a few weeks early.
I am preparing a new portfolio exercise. I might make it a 12 month one - or possibly one for the first quarter (ending at end of tax year). Still weighing up timespans and targets. If it's a 12 month one my target is likely to be 20% by e/o 2018, as I don't think I can rely on the element of luck which did contribute to this big gain - and the stocks I would choose with a one-year timeframe in mind would be different from the racier ones I choose when doing what I've just done.
I see the FTSE-100 rose 8% in 2017. So to have achieved ten times that in less than half the time is pleasing. The Dow I think rose 24% this year (?). (I haven't looked at how those two indices did over the last 5 months of the year)
EDIT: January 2nd 2018. This morning I have withdrawn 13.35% of the final sum (= 23.97% of the sum I started with in July). What's left in will form the start of Portfolio 70. A starting sum 48.6% bigger than I started Portfolio 69
Juzzle
- 02 Jan 2018 08:47
- 192 of 222
.
-----------------
PORTFOLIO 70
-----------------
PORTFOLIO 70 will run for 3 months, starting today. Target 12.5%.
At the moment it consists of holdings in IQE, VRS, XLM, KWS, and cash.
More detail later.
cynic
- 02 Jan 2018 09:31
- 193 of 222
IMM may be worth your consideration ..... has had and continues to have a very good run
if you want to diversify into base metals - indications of strengthening world economies and china in particular, augurs well for the likes of KAZ (perhaps a bit heavy for you) and FXPO
if you want to diversify into base metals - indications of strengthening world economies and china in particular, augurs well for the likes of KAZ (perhaps a bit heavy for you) and FXPO
Juzzle
- 02 Jan 2018 13:37
- 194 of 222
Will take a look.
Juzzle
- 07 Jan 2018 23:40
- 195 of 222
....... PORTFOLIO 70 END-OF-WEEK-UPDATE
....... Friday 5 January 2018
....... Portfolio 70 is up 2.76% in its first (4 day) week.
I haven't put much effort into this new portfolio yet. Happy with it so far though.
....... Friday 5 January 2018
....... Portfolio 70 is up 2.76% in its first (4 day) week.
I haven't put much effort into this new portfolio yet. Happy with it so far though.
Juzzle
- 12 Jan 2018 17:58
- 196 of 222
A good week for PORTFOLIO 70 despite IQE sliding again.
....... PORTFOLIO 70 END-OF-WEEK-UPDATE
....... Friday 12 January 2018
....... Portfolio 70 is up 11.1% since the start of 2018.
Today's late surge in the price of VRS played a big part. Although I remain confident in holding so many of my eggs in the VRS basket, it can slip back sharply at times, so I'm not assuming that this latest rise is necessarily solid. Some of my purchases of VRS involved selling my stake in Somero (SOM), which was a shame.
....... PORTFOLIO 70 END-OF-WEEK-UPDATE
....... Friday 12 January 2018
....... Portfolio 70 is up 11.1% since the start of 2018.
Today's late surge in the price of VRS played a big part. Although I remain confident in holding so many of my eggs in the VRS basket, it can slip back sharply at times, so I'm not assuming that this latest rise is necessarily solid. Some of my purchases of VRS involved selling my stake in Somero (SOM), which was a shame.
Juzzle
- 19 Jan 2018 17:36
- 197 of 222
....... PORTFOLIO 70 END-OF-WEEK-UPDATE
....... Friday 19 January 2018
....... Portfolio 70 is up 31.8% since the start of 2018.
- despite Versarien dropping back today.
This makes it look like I seriously underbid when I targeted 12.5% for the first quarter!
But I am not counting chickens yet.
....... Friday 19 January 2018
....... Portfolio 70 is up 31.8% since the start of 2018.
- despite Versarien dropping back today.
This makes it look like I seriously underbid when I targeted 12.5% for the first quarter!
But I am not counting chickens yet.
ExecLine
- 20 Jan 2018 11:13
- 198 of 222
At 30% growth per fortnight, 'the best calculator I could find on Google in just a couple of minutes of searching' showed me, that this is producing a return of 58,000% per annum.
ie. Start with just £10k and you end up with £580million at the end of the year.
:-)
ie. Start with just £10k and you end up with £580million at the end of the year.
:-)
iturama - 20 Jan 2018 11:37 - 199 of 222
Well done Juzzle.
cynic
- 20 Jan 2018 12:12
- 200 of 222
seconded ...... i have no idea what my trading a/c profit is so far, but i know i have stripped out a fair bit of cash and put it in the bank out of temptation's way
VERS
i only hold this in my sipp but bought 16/11 and 01/12 at an average of 38p
can't be bothgered to calculate the % gain, but clearly very tasty
IQE
in sipp (average 51p) and trading a/c
sipp is up hugely, and that is ignoring profits from having traded same within sipp
also in trading a/c and that is certainly dull (aka shwoing a modest loss), but i'll just sit tight
SOPH
holding just a few in trading a/c and just in the money
i don't hold any of juzzle's other stocks
am tempted to buy further FEVR which i hold in both sipp and trading at more than juicy profit
i think a bid is definitely on the cards, and if so, the price demanded and commanded will be a lot higher than the current 2400
AHT also has appeal
VERS
i only hold this in my sipp but bought 16/11 and 01/12 at an average of 38p
can't be bothgered to calculate the % gain, but clearly very tasty
IQE
in sipp (average 51p) and trading a/c
sipp is up hugely, and that is ignoring profits from having traded same within sipp
also in trading a/c and that is certainly dull (aka shwoing a modest loss), but i'll just sit tight
SOPH
holding just a few in trading a/c and just in the money
i don't hold any of juzzle's other stocks
am tempted to buy further FEVR which i hold in both sipp and trading at more than juicy profit
i think a bid is definitely on the cards, and if so, the price demanded and commanded will be a lot higher than the current 2400
AHT also has appeal
Juzzle
- 21 Jan 2018 16:32
- 201 of 222
At present my portfolio includes only VRS,IQE,KWS,XLM, and cash. I don't have any geared positions - merely conventional shareholdings - but I have been actively trading out and back in on parts of some holdings some occasionally, to try and increase my nmber of shares at no extra cost. I don't always get that right though, and twice I have sold a few VRS to buy back lower and had to buy higher!
dreamcatcher
- 21 Jan 2018 17:04
- 202 of 222
I'm in VRS for the long run, not bothering to trade. Not bothered if the price is 50p or £1.50
Chris Carson
- 21 Jan 2018 17:17
- 203 of 222
My sentiments entirely dc :0)
2517GEORGE
- 21 Jan 2018 18:09
- 204 of 222
-----and me
Juzzle
- 22 Jan 2018 10:24
- 205 of 222
Nice trading update this morning from LTG. Log chart shows steady progression over several years:
Unfortunately I have none at the moment!
Unfortunately I have none at the moment!
cynic
- 22 Jan 2018 12:34
- 206 of 222
IQE
i see the hedge funds are getting well stick in as shorters here
i wonder if they have good cause or just being spiteful ..... i'ld like to think the latter of course
i see the hedge funds are getting well stick in as shorters here
i wonder if they have good cause or just being spiteful ..... i'ld like to think the latter of course
Juzzle
- 23 Jan 2018 08:45
- 207 of 222
Dunno. I remain positive about IQE's longterm prospects. But my holdings had stoploss orders in place that have been triggered in the past few days and the last of them kicked in this morning - so for the timebeing I don't own any.
Several of the charts in my header - which are mainly stocks I held last year - are not looking so good lately. methinks it is time I did a bit of a fresh trawl for new ones. Taliesin of course is being taken over, so that chart will go.
Several of the charts in my header - which are mainly stocks I held last year - are not looking so good lately. methinks it is time I did a bit of a fresh trawl for new ones. Taliesin of course is being taken over, so that chart will go.
cynic
- 23 Jan 2018 08:47
- 208 of 222
i stopped running stop-losses as they were too likely to get triggered on a spike
i'll just sit tight with IQE, though i probably have too many of them
i'll just sit tight with IQE, though i probably have too many of them
Juzzle
- 23 Jan 2018 09:25
- 209 of 222
I haven't used my spreadbetting account for about a year. But when I did, my stoplosses on each stock were tiered - some to go at say a 7% fall, a further lot at say -10%, and the final lot at say 15%. (or some other mix of levels). That made it psychologically easier than setting one exit level for the whole lot. With normal sharedealing that would triple the dealing costs, but with sbets it doesn't cost more to buy/sell in tranches.
Juzzle
- 27 Jan 2018 19:05
- 210 of 222
PORTFOLIO 70
END OF WEEK UPDATE
FRIDAY 26 JANUARY
Up 61.7% since start of January
Thanks mainly to topping up my Versarien stake using every bit of cash in my portfolio. I might cash in some of that - will see.
END OF WEEK UPDATE
FRIDAY 26 JANUARY
Up 61.7% since start of January
Thanks mainly to topping up my Versarien stake using every bit of cash in my portfolio. I might cash in some of that - will see.
Juzzle
- 03 Feb 2018 10:57
- 211 of 222
PORTFOLIO 70
END OF WEEK UPDATE
FRIDAY 2 FEBRUARY
Up 54.9% from start of year.
Down from last week, but comfortable with holdings.
END OF WEEK UPDATE
FRIDAY 2 FEBRUARY
Up 54.9% from start of year.
Down from last week, but comfortable with holdings.
cynic
- 03 Feb 2018 11:07
- 212 of 222
your portfolio is generally smaller and/or specialised stocks, so it'll be interesting to see how they stand up to monday's inevitable tempest
Juzzle
- 05 Feb 2018 18:11
- 213 of 222
cynic - P70 took a hefty bashing today (as did so many of course) but still smiling ;-)
cynic
- 05 Feb 2018 20:19
- 214 of 222
take a look at the FTSE thread!
it could scare you to death - though i know it won't .... that said, many people will have been totally wiped out during the course of the evening, and also o'night
it could scare you to death - though i know it won't .... that said, many people will have been totally wiped out during the course of the evening, and also o'night
Juzzle
- 10 Feb 2018 17:28
- 215 of 222
WEEKLY UPDATE - PORTFOLIO 70
Time will tell if I did right to ignore this week's turmoil. By hanging on in there my percentage gain this year is way down at 15.85% at present (!)
Much depends on VRS delivering some decent news this month or next..
Time will tell if I did right to ignore this week's turmoil. By hanging on in there my percentage gain this year is way down at 15.85% at present (!)
Much depends on VRS delivering some decent news this month or next..
Juzzle
- 15 Feb 2018 16:47
- 216 of 222
I don't have net access this Friday for usual update.
Juzzle
- 18 Feb 2018 12:24
- 217 of 222
Another backward week - PORTFOLIO 70
is now only 11.5% above where it began 7 weeks ago.
is now only 11.5% above where it began 7 weeks ago.
dreamcatcher
- 18 Feb 2018 12:27
- 218 of 222
Only. :-)) Still very good.
Juzzle
- 02 Mar 2018 18:30
- 219 of 222
PORTFOLIO 70 end of week update Friday 2 March 2018:
Currently 23.3% up since beginning of January.
A nice improvement on last week.
I sold my remaining stakes in XLM and KWS and bought more VRS to capture the recovery from its recent dip. There's no guarantee that it won't drift down again, but it is now my only holding, so I'm kinda hoping it can clock up some serious gains in the next few weeks and months.
Currently 23.3% up since beginning of January.
A nice improvement on last week.
I sold my remaining stakes in XLM and KWS and bought more VRS to capture the recovery from its recent dip. There's no guarantee that it won't drift down again, but it is now my only holding, so I'm kinda hoping it can clock up some serious gains in the next few weeks and months.
cynic
- 02 Mar 2018 19:37
- 220 of 222
that's brave to very rash .... imo VRS is a long term hold, and all this silly little stories that come out don't add to a bag of beans
Juzzle
- 02 Apr 2018 11:18
- 221 of 222
In post 192, launching 'Portfolio 70' as a 3-month exercise, I set a target of 12.5%. Instead I've made 10.03% in the 3 months. Could have cashed in sooner (was up more than 60% in first 4 weeks!). Total has been fairly static for 3 weeks. I am 97.66% up on where i started last July (on the fund element that carried through from then after my Jan 2nd part-withdrawal).
I'm not cashing in. I decided a month ago that if it felt right to do so I would continue holding for the full year (as hinted in post 191) and will continue posting updates.
I'm not cashing in. I decided a month ago that if it felt right to do so I would continue holding for the full year (as hinted in post 191) and will continue posting updates.
Juzzle
- 05 Jul 2018 14:25
- 222 of 222
Not been posting updates; not because anything went wrong, but because having switched all my eggs into one basket (Versarien, VRS) the VRS chart alone is fairly indicative of my whole portfolio, so not much point duplicating it. The portfolio I've held since the start of April is thus up just over 70% in that time.
(There have been days where I cashed in a few at high points to buy back a few pence lower, increasing the number I hold without additional funding).
Overall - going back to the start of this thread nearly a year ago, after adjusting for withdrawals, my total investment is up 158.7%. (Rejigging slightly at start of 2018 and at end of March means that isn't a precise figure - but it is roughly right.)
I currently hold a mix of VRS and cash and no other stocks.
(There have been days where I cashed in a few at high points to buy back a few pence lower, increasing the number I hold without additional funding).
Overall - going back to the start of this thread nearly a year ago, after adjusting for withdrawals, my total investment is up 158.7%. (Rejigging slightly at start of 2018 and at end of March means that isn't a precise figure - but it is roughly right.)
I currently hold a mix of VRS and cash and no other stocks.
| About MoneyAM | Ts and Cs | Privacy Policy | Investment Warning | Content Standards | Corporate Solutions | Advertise With Us | Site Map | © 2025 MoneyAM |
Register now for FREE
Share Prices,
Stock Quotes,
Charts, Bulletin Boards, Indices, Watchlists, Portfolio, Market News, Research
or see our Premium Services including Level 2, Terminal and much more.
Follow us on Twitter