Andy
- 27 Dec 2003 19:25
All,
Adverts for tipsheets abound, all making their own various claims of success, some of which are somewhat dubious, to say the least.
In particular, I am thinking of the tipster that advertises his gains by using mid prices, which grossly distorts the true figure, if you were to utilise the bid-offer spreads that existed at the time.
I see adverts for Trendwatch, Red Hot Penny Shares, Growth Company Investor, Fleet Street Letter, to name but a few.
The question is, is there a GOOD tipshheet/tipster out there?
Is there a tipster/tipsheet that gives only occasional tips, rather than the "3 tips every week" type?
If so, please name them, and give your reasons for the nomination.
An idea of subscription price may be helpful as well, in case anyone was thinking of purchasing.
looking forward to some interesting replies!
TIA
Dil
- 29 Dec 2003 17:51
- 20 of 109
superrod
- 29 Dec 2003 22:47
- 21 of 109
Andy
i got lucky recently with the postal strike. i received a tip sheet a day early :0}}}}}}}
Andy
- 30 Dec 2003 09:21
- 22 of 109
Dil,
Thanks for the link.
Supperrod,
So you could have beaten the MM's for the rise then!
I think their copy should be sent second class post persoonally.
goldfinger
- 30 Dec 2003 11:53
- 23 of 109
Andy, heres a link for you to TechInvest. Click on the top header bar far left Performance and see new buys and current portfolio.
http://www.techinvest.co.uk/
cheers GF.
B_ASKIN
- 30 Dec 2003 13:23
- 24 of 109
I received a flyer about "THE ZURICH CLUB" in August this year (long since disposed of)and posted on here for info from anybody about them. Did not receive any reply.
Andy
- 30 Dec 2003 14:00
- 25 of 109
GF,
many thanks, that's just what I wanted!
I have had a look at Techinvest's performance table, and they have had an exceptional year by the looks of it.
Even allowing for the bid-offer spread, and dealing costs, they are well up.
The average number of tips per month is 3, so anyone investing 100 per tip would have made a superb return on their investment.
I will produce some figures from their table later.
Once again, thanks.
Andy.
Andy
- 30 Dec 2003 14:03
- 26 of 109
B_askin,
Sorry you didn't receive any replies, maybe nobody has heard of the "Zurich Club"?
I have heard the name, I believe they meet in London hotels, but if I remember correctly, the subscription fee is a bit hefty for small investors.
Out of interest, did you do any research away from this list, and did you find anything that may interest this topic?
If so, please post it, the more the merrier!
B_ASKIN
- 30 Dec 2003 16:49
- 27 of 109
Andy,
I didn't bother to look any further because I am a relative newcomer and since I have been reading this BB and shares magazine, I realise there are some very helpful and well informed people posting.
They also give an insight into the tricks that the Market Makers play which I find very useful.
I have also seen posts refering to individuals who have sent "too good to be true"flyers through the mail so I have avoided expensive mistakes.
It also keeps the cost down as I am still in the early stages of building up an investment pot.
Andy
- 30 Dec 2003 18:06
- 28 of 109
B_askin,
To be honest, Shares Magazine is a decent source of information, at a fairly modest weekly cost.
The articles are normally clearly written, easy to understand, and form a decent starting point for looking further into a particular company.
By reading Shares magazine you get to hear about companies in areas you may not otherwise do, and in this way I heard about Cardpoint, which is well up on the price it was recommended at.
They also recently recommended a "sell" on Avocet Mining, which, in my opinon, is so far wrong I nearly emailed them! time will tell if they, or I am right, but nobody gets it right all the time.
regards,
Andy.
zarif
- 30 Dec 2003 18:22
- 29 of 109
Andy: instead of looking for tipsheets else where -i hope u dont mind me saying that isnt it "woods for the trees" effect as the resource is right in front of you the bb/ib. there are a lot of very experienced traders here and if you start a dedicated thread than you shall have the latest and researched info collated and open to discussion the "world would be your oyster" pick and choose what u want dyor etc.Alas to say thats my two pence worth as i am a s/b person and rarely deal in shares.
i hope this helps and no offence intended
wishing u the best.
rgds
zarif
Andy
- 30 Dec 2003 19:45
- 30 of 109
Zarif,
I agree with you completely, the BB is an axcellent source of ideas and information.
BUT - not everyone on a BB posts honestly, so you have to beware, it is a bit of a minefield. On ADVFN for example, there is a group of posters using multiple logon id's to ramp certain stocks, and yet this isn't obvious to the casual observer.
I started this thread to see if there was one tipsheet that people would recommend, and to monitor people's observations of the various sheets available.
My shareclub expressed an interest in subscribing to a good one, so I am attempting to assertain which one people like the best.
One of the members had a sample of RHPS, which peformed poorly during the time I subscribed, which to be fair, was just after the dot com boom, when everyone was losing.
Thanks for the reply,
Andy.
Andy
- 30 Dec 2003 19:55
- 31 of 109
GF,
I have done a quich calculation using the Techinvest results for 2003 January to November.
They tipped 34 shares.
If you had picked THE WORST of the tips from each month, you would have made an average gain of 27.11%!
Of these WORST choices, there were 8 positive results, and three negatives.
The best gain was 72.72% (from January)
The worst loss was -13.04% (from November)
So, if you had made one investment of 100 each month, and managed to pick THE WORST performing of their recommendations for the whole year, your 1,000 investment would have made a profit of 298!
I have to say Techinvest's record is impressive.
If I have time later, I'll calculate the average of the mid and best choices, and in November their BEST pick gained 1065%, and yes, you read that correctly!
Andy.
zarif
- 30 Dec 2003 20:30
- 32 of 109
andy - i understand what u mean and endorse that point the points that u make.not so long ago Gf had a lot of malaise directed to him.This is one of the best sites and if only there was a way to eliminate untrue rampings it would be no1 and untouchable on a class of its own that traders can utilise.
rgds
zarif
superrod
- 30 Dec 2003 21:46
- 33 of 109
i regularly get mail shots from "The Zurich Club". apparently they are a close knit group that meets in posh hotels to discuss shares over a lavish meal ( as hinted at earlier by Andy ). the question that always pops up immediately in my mind is: IF they are so successful AND membership is limited ( in a REAL sense....eg say 2000 members and then its one out before another in ) WHY do they keep trying to get me to join? and WHERE did they get the idea i would be interested? not to mention my name and address?
if i get another mail shot i will post it here.
if it looks too good to be true it IS.
IS THERE A GOOD TIPSHEET?
how about the other point of view? IS THERE A BAD ONE?
imho i would stay well clear of the guy who has tipped on CH5 text. wont post his name in case hes reading this LOL
malcolm someone......
goldfinger
- 31 Dec 2003 04:05
- 34 of 109
Guys this has been a fantastic debate, and I have to say its been fasinating.
We get Andy , who is a great guy and lets face it he speaks from the heart, the guy is a real truffle finder (andy nowt meant by this)and I say well done.
Now the important fact that I beleive is that ok, some T' Sheets are crap but as and as said its an excelent place to start research.
Please do not put a tip sheet down. take out the positives and chuck the negatives into touch.
A lot of people have asked me If I would start my own online tips site, and I always say no, and the reason being that I have been in this business over 20 years now, yup im only 37 but i have made my money and I come from a poor working class background, its just too much to take on at my time in life.
If anyone is interested in this business I would always provide some kind of support, but im very sorry I cannot give the kind of support I have been asked to give on SC at times.
Anyway Im now doing a trawl of the BBS, and will see you guys after the new year.
LOOK AFTER YOURSELFS, AND DO NO DRINK AND DRIVE, GET A TAXI.
HAPPY NEW YEAR TO EVERYONE.
regards Goldfinger.
Andy
- 31 Dec 2003 08:22
- 35 of 109
GF,
LOL!
Thanks, and have a good New Year yourself, look forward to resuming the debate after the festivities!!!
hilldee
- 31 Dec 2003 10:46
- 36 of 109
Tip Sheets. By definition any tip sheet is out of date as soon as it hits the stands, ergo the first flush has gone before YOU can deal. Not that this belittles tip sheets - but not many folk seem to know how to use them.What many provide is a reasoned argument for the future profitability of a given stock. Quite naturally the Marketmaker will IMMEDIATELY mark the tip up by a profitable amount, thus ensuring that all the idiots who read and reach for the phone in the same movement will pay for his day. Now. There is ALWAYS a first rush into a tipped stock but, often, this will produce some selling from stale bulls and can often lead to a price weakness about ten days on. This does not remove the underlying sense in such an investment, it merely means that you are in for a longer haul than a few immediate pence. How do you read all the tip sheets ? Well, you dont. You have the information distilled for you in the shape of a publication like 'MoneyWeek' where you can study a cull of the recen t tips and buy at your leisure. You wont benefit from the first flush but you will have a nice glow long after the others have flitted to another plant.
goldfinger
- 01 Jan 2004 00:21
- 37 of 109
Andy, post 30 very interesting indeed. I did have subs to this about 5 years ago, buy youve now got me looking for my cheque book. Many thanks for those stats.
cheers GF.
brianboru
- 01 Jan 2004 13:19
- 38 of 109
I tend to use the FT (Saturdays) and The Business (Sundays). Being a tight old git I also pop in the local library some weekdays and read the FT for free. Their comments on companies results are usually a good guide. The old LEX on the back page used to be superb, very rarely giving an outright buy but when he did you were in the money. Seems Lex is now an amalgamation of the whole editorial team? though and not, in my opinion, as good.
Moneyweek, as mentioned by hilldee, also seems a good buy.
I used to buy Investors Chronicle a while back until I noticed that it's small company tips were possibly being leaked prior to publication and would always have extra buy volume on the Thursday before to comming out on the Friday.
dorothyperkins
- 01 Jan 2004 18:50
- 39 of 109
I
I would recommend small company sharewatch (or scsw as also known). Picked up some terrific winners for me in 2003 - PhotoMe +400%, Imaginartion +200%, Filtonic +400%, (in less than 12 months!!!!!!))
easily pay for any errors they make esp if you follow a stoploss. Special offer of 79.50 for new subscribers- easily pays for itself if you are in any way a serious investor.
recently bought into Centurion, Kleenexe (+100% in 7 months) Armour and Vega after they tipped them (Vega now +100% in 5 months!)And the articles tend to be very thoroughtly researched.
You should call tehm on
\
0208 656 4648
andget a sample issue to decide for yourself. My ISA has gone from 28k invested to 100k+ now. I cannot grumble,..!!