edddcarter
- 18 Jun 2004 22:46
I am Just a novice at all this and wandering what methods do people use when buying stock.Do people use TRENd is you friend strategy.Or if share is undervalued against its competitors or do people trade purly on technical analysis.I know there is no one best method or we would all be millionares.I just want to know what method best suites individuals
Southernmick
- 19 Jul 2004 22:55
- 35 of 36
F1 - apologies for the delay in replying as I have been away for a long w/end (a nice change for once lol!!)
I have now taken a small stake in GFRD (finally you say!) and will see what happens before upping this. Some more positive RNS's today. I've found that there is nothing like holding a share for a while to understand it properly (whatever the lengths of research you do, so will see!)
For what it's worth I do not think that the ROK acquisition last week is likely to stop their acquisitiveness. Whether this means GFRD, who knows (probably now edging 30/70 against it happening)?! Either way the Dickie acquisition is a small one and unlikely to preclude further acquisitions this yr., so don't rule it out.
ROK certainly seem on the upward curve at the moment on low volumes, and there is no doubt in my opinion that the results (& forward order book) next month will be fantastic.
Seymour - interested to see that you hold two of my cash cows - SGC & LLOY. I love both of these and have been receiving the Dividend Reinvestment Plan (DRIP) for several years - nice!
The thing with these two that I particularly like is that if the share price drops then when the DRIP is calculated I get loads more shares, and if it rises, well, then my capital also rises. Very nice!! (especially as neither will go to the wall!)
Mickey.
Harlosh
- 20 Jul 2004 11:18
- 36 of 36
I think there are two aspects to fundamental analysis.
1. Interpreting the data as described by Fundy
2. Interpreting how the market will interpret the data. (Lots of interpreting I'm afraid.)
For example, I bought SCS Upholstery (SUY) prior to a fantastic set of results and yet the market has virtually completely ignored the shares.
Maybe the market will one day wake up to them or they know something I don't. Either way my money could have been in something which was gonna make me money.
I suspect the majority of people on here haven't got trenchloads of money and are trying to build a decent sized pot with a number of (relatively) quick winners. Only by watching price action will they achieve that.
Fundamental analysis is only half the picture IMHO.