| 18:52 24/05/2012 | Re: Patience |
| "Patience is not a risk management strategy under any circumstances." Well, I may lose Tas by luring him down the avenue of logical arguments, but if patience IS a consideration in my risk management strategy, doesn't that immediately disprove his point?! There are a number of stocks which have languished after I bought them, often badly and for years, only to end up making me very good money indeed with a recovery in fortunes, in perception and/or a fortuitous takeover or two. Maybe not so fortuitous... often the best way of crystallising the value which, if you know what you're doing, your research will have identified. So take heart LKH - if your goal is a 7% pa. real return, as should be the benchmark (risk adjusted, naturally) for any equity investment, then my guess is TSCO will do you just fine from 329p. If you're patient. Of course, can't promise it isn't going to 275p - if it does I will certainly be buying some, if not before. BTW - not sure why Tas is so eager we take risk out of our portfolios. All equity investment is risk, equity risk premium = long run real return. No risk, no return. With stocks, much more satisfying to back your judgement, try and get the timing right of course, but above all... keep doing the research and keep patient. It wouldn't be the same if I was currently trading, of course, but then I wouldn't have been able to go out and play golf today in the sun. When I got back, my stocks were still okay, still risky, still promising returns. Will be the same tomorrow, and next week. By Bill1703 |
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| 18:42 24/05/2012 | Re: Short @ 314.95 |
| Did you add 10.x p dividend at 314.95? Plus interest for 3 months? Plus brokerage? By kallumama |
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| 18:40 24/05/2012 | Re: TSCO priced like it's 2009 ! |
| ""And things are only really getting started this time..."" Speaks of desperation after not being able to cover short after months....long term long term short...  By kallumama |
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| 18:38 24/05/2012 | Re: TSCO priced like it's 2009 ! |
| "" they're off to Dubai on a shopping trip."" What's wrong with shopping at Tesco shareholder? Dubai at this time of the year must be good for boiling eggs using solar energy. By kallumama |
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| 17:52 24/05/2012 | Re: Is this a bullish reversal pattern f... |
| charting didnt get used by me when i built my fortune ------------------------------------------------------------------------------------------------------ Nor me either, I started out with nothing and and I have still got most of it. By baz4tea9 |
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| 16:49 24/05/2012 | Re: Is this a bullish reversal pattern f... |
| surely the graph clearly shows a second quadrant double mandrake fan? i think this charting nonsense is as real as religion - read into that what you will. charting didnt get used by me when i built my fortune - charting didn't pay off my mortgage, didnt buy my sports car and it definitely didnt put the money in my savings account By alanlovedog |
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| 16:40 24/05/2012 | Re: Is this a bullish reversal pattern formi... |
| Dave, Doesn't it create a double buttock? Or am I thinking of an Itchycoo cloud? http://www.youtube.com/watch?v=VJzcF0v1eOE LKH on the flybridge tracking steadily west doesn't hold with this TA malarky By LK Hyman |
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| 16:30 24/05/2012 | Is this a bullish reversal pattern forming? |
| Just kidding - I've no idea what I'm talking about! That said, I do vaguely recall that going down then up again in the same day creates a bullish candlestick... or summit. By davew0000 |
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| 11:49 24/05/2012 | Re: TSCO priced like it's 2009 ! |
...i quite like the F&F floral print cargo ones  --> http://www.clothingattesco.com/men/shorts/icat/mens-shorts/ By lifeonmarsbars |
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| 11:44 24/05/2012 | Re: Tesco UK can grow strongly |
| You don't look at prices too hard. .You forgot to mention that Sainsbury have 400g MsVitie chocolate digestives on special offer this week reduced from £1.93 to £1 (400g packet) So they are normally 10% more expensiive than Tesco (£1.75). On the other hand you also forgot to mention Tesco are doing a buy '1 get 1 free' at £1.75 , so that reduces their cost to 87p, stiill 12.5% cheaper.. http://tinyurl.com/boh6mas AT By Alan Tittymarsh |
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| 11:31 24/05/2012 | Re: Short @ 314.95 |
| 1st weight @ 314.95 still open 2 weights @ 305 added By lifeonmarsbars |
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| 11:29 24/05/2012 | Re: TSCO priced like it's 2009 ! |
| But within 12 or so months it was at 450 was it not? I'm an optimist. Have to go now , dropping wife and daughter off at heathrow, they're off to Dubai on a shopping trip. Hopefully this share will fly to cover credit card bills! LOL Cheers CT By casinotrap |
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| 11:20 24/05/2012 | Re: In denial, LK Hyman? |
| Hardcore, "Like your Weir, which I don´t think you thought through (Weir prosperity depends on a high oil & gas price) I still reckon you´re get Tesco for sub 275p in due course " I can assure you, m8, that I thought Weir through extremely carefully (though I may have got in too soon). If Weir's prosperity depends on a high oil and gas price perhaps you can explain to me why, long after the US gas price was collapsing under the incremental gas supply from fracking, Weir's share price was soaring away far above my entry point? As for Tesco being available for sub 275p, well, maybe it will and maybe it won't. I've got the sucker in my Sipp and I'm still focussed on the future flow of long term divis, not the share price (though obviously I'd be better off if I'd bought at £3 rather than £3.29). If, when I cash in my Sipp, it'll only generate enough for a smaller replacement for Vulganus, I shall at least be able to reflect that I shall be doing my bit for the planet by burning less diesel. We must all do our bit and make sacrifices in these straitened economic circumstances. LKH on the flybridge, Grand Harbour for lunch By LK Hyman |
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| 9:57 24/05/2012 | TSCO priced like it's 2009 ! |
| We broke the support from 09/03/09 today @ 301.4 for the first time... We printed 301.05... TSCO is the same price it was 3 years+ ago. And things are only really getting started this time... Tas By Tas Devil is back |
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| 9:48 24/05/2012 | Re: Patience |
| Patience may or may not be a vitue, but who in their wildest dreams thought it was an appropriate name for a girl? By Hardboy |
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