bosley
- 20 Feb 2004 09:34
jimmy b
- 05 Feb 2005 20:40
- 744 of 27111
EWRobson, i read your piece with interest, i wonder if you could explain the last part of what you wrote ,Thanks Jb
EWRobson
- 05 Feb 2005 22:33
- 745 of 27111
jimmy b: presumably you are referring to post 741. I think the point about reducing costs to zero is probibably pretty clear: say, costs 5K value 15K; sell 7.5k with cost 2.5k, profit 5K. You are left with 7.5K, cost 0. Its a bit arbitrary, but some like to work that way.
The last point is about the overall portfolio. I have generally gone for a spread over 10 shares and initially went for average weight of 10% each. As time passes, value of one or two rise or you might like them and buy more. So your balance is now, say, two shares overweight at 20% each, 4 at 10%, 4 at 5%. The last four may be shares you have bought into and still getting to know them: currently with me ZOO, MLS, BGT and NML are like this. I am overweight in SEO and ASC. In the last three weeks I have gone up to 40% on SEO, partly by price growth and partly by accumulating. I acted similarly last year on ASC. Many people feel that they should take part of the profits when a share rises, particularly if they had previously set a target price and that price has been achieved. My point is that you should run the profit past that price if the fundamentals are strong and the charts good, particularly momentum. Some would argue that you are getting dangerously near putting all your eggs in one basket. There was a chap is Shares last year who had 400K, I think, in two shares. If I was a blue chip investor, I would put my money in Tesco and HSBC and hang the rest. In conclusion, if the share is a buy on fundamentals and on technical analysis, at least hold and consider accumulating. But don't go to sleep on the job. Ellen can't take a wink of sleep anyway and she is making a fortune on her particular basket!
markus: difficult call! Discussion above is suggesting that MMs have been accumulating stock in anticipation of a continued, and quite likely continuous, bull market. You have three choices, basically: (i) buy first thing, even if price has had a bit of a mark up - precludes the risk of the price soaring away before you get in; (ii) wait to see what happens to the price - if it falls, see wher it settle and then get in; (iii) same but if price rises then depends a bit how determined the buying is: if very determined, get in straight away before you lose the opportunity; if slow rise on back of fairly balanced trading, see if it comes back before you buy. But it is difficult to get it right. The point I would make about SEO is that the indications are that the prelims with possible accompanying announcement on the 23rd could well take the sp well ahead of where it is at the moment. Wherever you get in tomorrow would then give you a good turn; this time hold some, if not all, of the shares, until the price finds a stable level and/or momentum is reversing. Hope that helps. The standard message is DYOR but I accept this is one way you are doing it!
Eric
Eric
jimmy b
- 05 Feb 2005 23:17
- 746 of 27111
Thanks for taking the time to explain that,,cheers Eric ,,Jb
markusantonius
- 06 Feb 2005 00:13
- 747 of 27111
Yes, thanks, from me also, Eric. I think part of my new "DYOR" strategy is to read posts from well-informed, knowledgable people like yourself! It certainly saves me a lot of time, that's for sure
I will be up early on Monday.....
Kus.
iturama
- 06 Feb 2005 08:15
- 748 of 27111
Some comment should be made on the French Connection hype in post 735 with respect to Walmart. He fails to mention that Walmart, unlike Asda, does not have a foodhall, and its success is based on its purchasing power with household name manufacturers rather than own name or own packaged goods.
I cannot think of a single instance where the SEO technology would be of interest to a US Walmart store. Perhaps the French Connection could enlighten us all.
hlyeo98
- 06 Feb 2005 18:11
- 749 of 27111
SEO is no doubt a great share. IT is in this week's Shares Mag BlueSky Portfolio, mentioning its great potential. Results of the frst trials with ASDA are due shortly.
ssanebs
- 06 Feb 2005 18:27
- 750 of 27111
Asda trial results will be revealed this week hopefully. But then we will have to wait for the terms of the deal.
As to how will seo benefit Wal Mart, i have been to the US stores many times and their meat is packaged just like ours, so the RF sealing will definately be of use to them, which asda are trialling now.... and many other supermarkets and suppliers.
As to the sells on friday most of them were in fact buys, as i added twice on friday but they appeared as sells as my broker got inside the spread.
hlyeo98
- 06 Feb 2005 18:55
- 751 of 27111
Huge market in the US. There are around 50,000 lidding machines in the EU and USA.
andysmith
- 06 Feb 2005 19:53
- 752 of 27111
This is brilliant, everyone has or is waking up to this one and it is clogging up the radars. Any weakness at all is buying opportunity, I paid 9.2p for some more last week which is >3p more than my previous larger buys BUT I am already up in two days!! I think selling a few for profit at this stage would be very risky or even foolish if investors have truly studied the potential, any weakness will not last. The shares mag bluesky article showed very small target generating 50m profits and it didn't include the other products. This share at 10.75p is still too cheap. For now happy with my holding and my 6p average, Overweight at around 50% (mainly through profit) but don't really care, I feel very good about this one and may even find room for another add, especially any numpty selling days!! I only have one share in my portfolio not performing, I still believe in it but may sacrifice for some quick SEO profit and could always re-invest that profit back in later? Oh the joys of being significantly in profit for once!!
AdieH
- 06 Feb 2005 20:13
- 753 of 27111
Lol, don't get too carried away, we have still got to get the Court Case out of the way yet, yes the company has huge potential but you should have a strategy to make money (its only profit once you have banked it...).
Anyway good luck lets hope for another positive week... Regards AdieH.
andysmith
- 07 Feb 2005 08:18
- 754 of 27111
Totally agree but its less than two weeks ago some thought sell at 7p and buy on fall after cc, what an error that would have been. Its too difficult to judge to play that game (trading) so I'm staying put investing)and if cc brings a drop then a decision can be taken. If low damages, buy more, if somehow high, being 75% up means I have time to get out with profits. I think the former more likely, potential outweighs likely damages to BPRG.
Poverty
- 07 Feb 2005 16:41
- 756 of 27111
Wasn't convinced about these until a few weeks ago - having been frazzled by YOO-scabby-Media. But am keen on them now. added another 50K at 9.93 today. Think they will rise again shortly!
Poverty
- 07 Feb 2005 16:44
- 758 of 27111
Hurrah - maybe my portfolio can rise again from the dead!
aldwickk
- 07 Feb 2005 17:22
- 759 of 27111
Just been over to the AD-FN, SEO thread what a waste of time , they keep on spamming a long list of companys that they think will buy from SEO .
bosley
- 07 Feb 2005 18:37
- 760 of 27111
evening all.the week starts red. from here who knows.im not too excited by the prlims , unless , as eric suggests, there will be accompanying trial results or new deals announced. lets not forget , seo hasnt been making a lot of cash.its the possible announcements that will propel this share. only 50 000 lidding machines in the usa and eu.... so thats 50 000 x30 000 = 1500000000 per annum. dreaming a bit, but then again , if seo's technology is as unique and cost effective as we think , then why WOULDNT these lidding people buy it? yes,i know, ramp , ramp , ramp........
AdieH
- 07 Feb 2005 20:06
- 761 of 27111
I took some profit today may get out completely tomorrow depends on the start we have. Will be back if I do sell but want the CC information before long term investment... Will still hold BPRG as they are in the driving seat as regards the CC...
I'm into COH at present, might be worth a look as broker says the figures due shortly are ahead of expectations and says shares should be priced at .25p each not the current .14p as ever DYOR... Good luck.
pfitzs
- 07 Feb 2005 20:06
- 762 of 27111
It's great to see so much optimism for SEO, but is there any risk that the trials with ASDA won't be successful? New technologies are notorious for start up problems.
Fred1new
- 07 Feb 2005 20:54
- 763 of 27111
If there wasn't a risk do you think the price would be what it is?
Adieh ride both horses. Both concepts good and potential colossal but not conflicting. I think judging when to get out and in of SEO or BPRG but expect to SEO to drop back a little to-morrow but not enough to cover dealing costs and spread for me. Think BPRG will be up again to-morow. Wish there was more volume on BPRG.