DECEMBER 8, 2010
Getting ready for the sun
** My new book - about spreadbetting - has just been published, you can order it here:
http://books.global-investor.com/books/401334.htm?ginPtrCode=10453
Welcome to any new readers coming to the website from the new book, I would suggest you read the spreadbetting book in conjunction with Naked Trader, available here:
http://books.global-investor.com/books/27120.htm?ginPtrCode=10453
**
Just six days to go till I'm on a plane. Heading for South Africa where the forecast shows today was 32 degrees and sunny!!
Now it's so close though it all gets busy. Have we got insurance? How much cash should we take? Where's the suntan lotion? And where the hell are the sunglasses?
Do we need another case? What should we take for "xmas"? How much cash? And how do we explain to Grandpa who is staying here while we're away how to watch Man U live on Sky Sports?
Mrs NT has gone out today armed with a massive list of stuff needed. I think there's a suitcase on the list, Xmas present for Christopher, and loads else.
Later today it's the school carol concert where Christopher along with the rest of the class plays a shepherd. He was singing songs last night. Bit weird to hear them being atheist-lite myself...
After having to travel to Central London on a very cold day to sign paperwork for my parents' estate I was even more happy I'm going to a warmer climate.
Everyone looks miserable and it's not surprising, It was hard to walk anywhere properly and the tubes were so sloooowwwww.
I can see why the solicitor is so expensive now. A seventh floor office with a view of St Pauls. Three receptionists and countless inpeccable meeting rooms.
On offer: posh biscuits and tea and stuff. Of course you should always turn these things down. Given it's £200 an hour a tea break could prove rather expensive.
Every day some really mind-numbingly tedious email subject appears in my inbox. Next year I am going to start a new feature, the most boring subject line of the week.
Let's kick off with this one I got today: "Hawkpoint appoints Neil McDaid as a director in Debt Advisory".
Not sure who to feel sorry for most. The person who had to write the email (deleted without reading of course) , poor Neil for what sounds like a tedious job or the people whose jobs are so boring they actually have to open the email and read it.
Great to meet a bunch of you on Saturday who came to the TA seminar - and indeed battled your way through snow to get there.
I think we all agreed and the feedback was it was a very worthwhile day with trader Susan giving an excellent presentation. We'll do another one in the Spring or summer.
Good to see some old friends and also good to hear some of the success stories although one or two had appeared to do their brains on spreadbetting. Which just goes to show spreadbetting is harder than normal buying or selling.
I felt sorry for some of the hotel staff who were dreading the evening. Four massive Xmas parties were about to go ahead when we left.
"Hundreds of pissed-up people to deal with," one moaned to me. "It's going to be a nightmare."
I would imagine "Last Xmas I gave you my heart" will be booming out at all four parties at about midnight. And you have to feel sorry for whoever is going to clean up the inevitable sick.
Talking seminars it's your last chance if you want to come to my Xmas seminar on Monday where there is still a bit of space left if you want a last minute seat and pay at the door.
Come and join me for a day of live markets and some Xmas fun and frolics. I promise there will be no Wham! or sick. There will be a very special guest - you will all get to meet the lovely Christopher who will be off school and so will be helping mummy to register you all.
Please do not give him any chocolate however much he pleads! Oh, and I am definitely going to be in a very good mood!
So if you think you could make it on Monday mail me for details at robbiethetrader@aol.com with "Xmas Seminar interested" in the subject line.
If you can't make it on Monday the next normal one is Feb 4th which is now open for booking! Mail me at robbiethetrader@aol.com with "Feb seminar interested" in the subject line.
Beginners and improvers welcome for both! Come and spend the day with me, the markets and some lovely people - and of course, lunch!
If you mail me I will then send you details and a full agenda of what is covered. Also more details below somewhere.
My seminars are designed for beginners, dabblers and improvers and deals with everything from how to look for winners, how to research, spreadbetting, level 2 use how to time trades and short, how to use advfn properly and run your portfolio without having to spend money on systems and tipsters.. and tons more.
A lot of the day comes directly from the live markets and I show you many of the tricks I use to get good prices live. And there might even be the odd live trade or 2!
And there is a follow up one based on live market timing using level 2 and the order book plus share research all day long on Jan 21st. You must have been to a seminar before to qualify - it's for a small group only and it is filling up fast. First come first served. Mail me if interested in that one.
I get quite a few mails asking what magazines or news services I subscribe to etc. Well, hardly any! I get the Investors Chronicle delivered.
However I do subscribe (£7.99 a month though take the yearly option at 20% discount to that) to a daily email which is my main source of news about such things as broker upgrades, main news items, analysis of stocks and markets, forthcoming company statements and events, stock recommendations and targets from the top brokers, what kind of earnings expected from companies and a whole heap more useful stuff.
I sometimes get ideas from this for companies to watch or monitor or even buy. And it's handy to get a summary of what the brokers are saying and looking at future earnings etc.
It usually arrives around 5ish every day.
I contacted the people that put it together and they offer a free 14 day trial of it to my readers - so you can cancel after 14 days if you don't feel it's useful enough.
Once you cut and paste this link into your browser, click "uk 14 days free trial" then I would go "yearly option" which gives a 20% discount making it just over £6 a month, as you can still cancel seems worth it. Hope you find it useful like I do. It's one of the few paid for news services that has really impressed.
http://bit.ly/eBPXuG
An interesting email from a reader. The thrust of it was he was going to buy a share after doing a lot of research but then it went up 12% and he hadn't bought it yet. So he felt angry.
How does he stop/halt the feelings of anger?
Well, you have to take the emotion out of trading. Which isn't easy.
I suggested he should read this book.. by Jason Zweig
http://books.global-investor.com/books/256158.htm?ginPtrCode=10453
This is the one to read on psychology. Great read.
Fancy getting the naked trader updates direct into your inbox? And a bit before it gets updates on the net including news from my pension trades made from my SIPP?
All you have to do is take a phone or energy service from the Utility Discount Warehouse at www.telecomplus.org.uk/fabdeal.
I get some commission and you get the service! On top of that you ought to make some amazing savings on your phone, broadband, or energy use or all! There's even an internet phone where you can make free calls from wi fi hotspots!
Prices are guaranteed lower than the top 6 suppliers but even better you can get huge discounts on your energy/phone bill if you shop at places like Marks and Spencers, Boots, Sainsburys and a whole load more. 5% of your spend comes directly off your billl. Many are saving a fortune from their energy bills.
So save a few quid, and get my stuff in your inbox! A win win? Mail me at robbiethetrader@aol.com with "mail service" in the subject line and I'll send you details.
Spreadbetting firm Tradefair Spreads has upped its offer exclusively to Naked Trader readers to a £100 credit. This offer is exclusive to me and not available anywhere else...
I've been using them for a few weeks to check that I'm happy with the service. As you know I don't take ads or allow referrals on the site unless it's a company I've used and I feel confident about.
What I like about it is it's easy to use, spreads are surprisingly tight on the smaller companies and interestingly an automated stop loss is applied to each trade - so beginners know what their max loss is from the outset.
Anyway they now offer a £100 credit as long as you deposit £100. You get the credit after you placed 5 trades (Terms and conditions apply)
If you'd like to apply for an account with Tradefair Spreads and get the freebie click this link:
http://www.tradefair.com/promo/spreads/nakedtrader100/
The number of emails to me is nearly reaching saturation point and I'm struggling! I'm getting 100s which is lovely in a way but killing me in another.
The main problem is the length of some of them, indeed some run to the length of novels, so, please, help save my eyes and please keep mails to under 150 words.. you can do it! It's close to the stage where I am going to have to say I will answer all mails but those over 200 words will get deleted. Keep them short and sweet, please!!
Also, it's possible the answer you seek from me is already in FAQ's. And do remember I can't discuss individual shares with you as it would be classified as investment advice which I'm not authorised to give.
Many of you enjoy the cheap advfn toplists bronze deal through me as do many of you with the cheap level 2. However many of you say you want a half-way house to include real-time share prices always on.
So I'm pleased to announce I've managed to seal a new deal with Advfn for its "Silver" service - that's always on real-time share prices for a good saving (Bronze toplists etc are included in this).
The deal is via me you can save £30 for your first year by paying just £138.06 inc vat via me instead of £167.47.
Just mail me for full details if you'd like it with "silver" in the subject line.
They've just re-published "The Zulu Principle" by Jim Slater who's written a 2008 update at the beginning.
This is a brilliant classic book. Reading this is a real pleasure and it was a great idea to republish.
Jim believes like I do the best gains can come from smaller stocks and in an easy to read style takes you through how to evaluate smaller companies that are about to become bigger ones - he uses some excellent examples.
Really this is a must read for all more longer-term investors or anyone looking to grow their money... a number of you have also written to me about this book and praising it.
Here is the link to buy it:
http://books.global-investor.com/books/167207.htm?ginPtrCode=10453
Here's a very topical one: The Little Book of Bull Moves in Bear Markets by Peter Schiff.
The book is all about how to keep portfolios up in a down market. He focusses a lot on how to play commodities and win with some sensible advice especially on natural resources and precious metals. He is very much a realist and there is no rubbish here: some straight talking and some interesting strategies.
Everyone who invests should think seriously about keeping portfolios up in bad times so this book should be read.
Well worth picking up at this link:
http://books.global-investor.com/books/271958.htm?ginPtrCode=10453
To order my new book Naked Trader 2 for next day delivery click this link... or the cover of the book top right!
http://books.global-investor.com/books/27120.htm?ginPtrCode=10453
Several people have asked me for a recommendation on a book which shows how to study accounts in a reasonably easy way. The one I like the most is http://books.global-investor.com/books/15717.htm?ginPtrCode=10453 by Robert Leach. Ten crunch questions to ask before buying any company.
It' s a decent easy-to-read book with several key chapters and it's highly recommended. It's one I keep and dip into from time to time. To order, click this link... http://books.global-investor.com/books/15717.htm?ginPtrCode=10453
The best book on charting and easiest read on the subject is http://books.global-investor.com/books/15618.htm?ginPtrCode=10453 by Alistair Blair. Click here -> http://books.global-investor.com/books/15618.htm?ginPtrCode=10453
Another good one is the second edition of http://books.global-investor.com/books/23792.htm?ginPtrCode=10453 by Peter Temple. Included in this one is how to use spreadbetting, CFD's warrants and trackers to reduce risk. And there are some decent trading strategies too.
This is an excellent book for new investors and also experienced ones. It explains all the things you may not be sure about in the markets and will explain the tools that are there. To order The Investors Toolbox by Peter Temple (new edition) click the following link for delivery in 24 hours... http://books.global-investor.com/books/23792.htm?ginPtrCode=10453
Naked Trader Seminar Latest News
Also Bookings Now Being Taken For February 4Th
Booking is still open for the Naked Trader Xmas seminar on Monday December 13th
Price is £495 plus vat.
That includes three course lunch, coffees, snacks etc.
The seminar is mainly aimed at beginners and dabblers though improvers are welcome too.
Topics covered using live market feeds all day include: Market psychology, level 2 - a simple guide to how to use it for better timing; how to value companies; finding companies that are about to rise. I will also cover techniques for handling events such as the recent meltdown and volatility.
Spreadbetting: How to use it to gain an edge and go short. Market makers - how they work and how to beat them; how to stop losing money and make it instead and plenty more.
How to plan trade entries and exits - how to research companies and understand reports, plus all those niggly questions you always wanted to ask. How to set stop losses and targets. Charts and how to use them.
Also covered: Market maker tricks: How to spot tree shakes and use them in your favour, How to tell when NOT to buy a share. I use live ADVFN all day with lots of level 2 and looks at all kind of live market data.
The idea behind the seminar is SIMPLICITY. I don't use jargon or fancy words - everything is in PLAIN ENGLISH! No question is too stupid and the event is held in a friendly relaxed and supportive environment.
The idea is you will come away from the event I hope a wise and better investor with lots of new ideas. I try and translate complex topics into easy bite size pieces. I also aim for it to be entertaining as well as instructive.
If you are interested please e-mail me at robbiethetrader@aol.com with "Xmas seminar interested" in the subject line and I will send you full details of the event including comments from those who have come to previous seminars and you can then decide whether you would like to come. See you there! Or if you prefer Feb 4th mail with "Feb seminar interested"
One seminar attendee Clare wanted to write a testimonial about her experiences at the seminar which follows now!
"I've just come back buzzing from one of Robbie's seminars. What a day! He's just brilliant, and manages to pack an awful lot into one day, and with his enthusiastic and humorous delivery the day just flies by. There are no gimmicks, no sell, no "˜get-rich-quick' promises, just his own solid, sound approach which he has learnt over the years and which works.
He shows you how to minimise the risks and maximise the profits and points out the banana skins on the way. Where the seminar really comes into its own is when he teaches using live level 2. Hearing him talk through his thought processes and reasoning is invaluable, and really brings home everything from the book. He has endless patience answering peoples' questions, and really seems to care that everybody understands.
On top of that, you meet some really nice like minded people and swap e mail addresses, you're plied with
chocolates and coffee all day, have a great lunch and spend the evening getting tiddled with Robbie in the
bar afterwards! You might even get to see the amazing crocodile boots . . . .
Don't worry about the cost, it's easily worth it, and you'll soon make it back with your new-found investment skills, and in what you're no longer losing. If you're thinking of going along to his next seminar, whether you're a novice or an experienced trader, don't hesitate ""just go!
Thanks Clare, did you want the tenner in cash, or will a cheque do?
Exclusive One Point Spread, £250 Cashback Offer
Still a massive response coming in for the sensational 1 point indices spread offer plus £250 cash back on losses - my mail box continues to be full of enquires - don't miss out!
I have arranged a deal with a spreadbet company that gives you just ONE POINT spreads on all the major indices and very tight spreads on everything else. A one point spread is just amazing and you can use it on the FTSE, DOW, Nikkei etc...
Not only that, I can offer those of you interested a fantastic £250 cash back on any realised spreadbet losses made within your first 8 weeks. That means you get back any losses up to £250 which could come in extremely handy.
If you'd like the details of this offer just mail me at robbiethetrader@aol.com with "£250 cashback offer" in the subject line. This really is a great offer which will have a limited lifespan so if you want it, get cracking!
£100 Tradefair offer
So there's now a £100 credit on offer for anyone opening an account via me. You get that after 5 spreadbets (terms and conditions apply)
To get the offer, click here:
http://www.tradefair.com/promo/spreads/nakedtrader100/
Naked Rambling
Have you noticed Lib Dem older blokes just can't resist the younger lady. There's Limp Opek and his cheeky girls, now he's got a new "honey".
And now this silly man hired the Russian for one obvious reason only, he fancied her which was exactly the reason the Russians got her in there.
I think we're all confused about the Lib Dems. I think they're confused as well. You could argue maybe in the end their heart is in the right place but all in all they are a bit bonkers.
In any event the spy thing is a laugh. Need a spy? Just hire a young beauty and get her out there to flirt with the man you need to get the secrets out of. So predictable.
I can't believe anyone thought we would really get the world cup. Remember this vote was exactly the same as the Eurovision Song Contest. Our chances of winning - zero.
No-one likes us, sorry about that. And in a way we're too nice. We don't do bungs or bribe. Never mind, I bet we'd have ended up losing money on it.
Two lots of The Apprentice this week - tonight's is going out to sell bus tours. You have to feel sorry for the tourists as I can imagine a lot of duff info about London will be dished out.
And then the interviews on Thursday.
Are you tough enough to work for Lord A? Where do you see yourself in 5 years' time (Not working for Lord A probably). And, tell me about this whopping great fib you told in your CV.
Brilliant end to Mad Men - what a superb series it's been.
I wonder how long Don's marriage to his bit of fluff will last... I dunno .. 3-5 episodes?
We'll find out next year when it will be on Sky instead of BBC. Let's hope they show it at peak time. And good old Peep Show remains the best comedy around.
The spreadbetting firm I use for sports betting is here:
Via this link Open a Sporting Index account and there's £200 goals bet on offer - please check terms and conditions which apply.
http://www.sportingindex.com/?tpid=6755
Do remember if you do bet you ought to treat sports spreadbetting as entertainment - and expect to lose! Also with spreadbetting work out what your max loss could be and make sure you can afford it! In other words if you say backed the favourite at 15 for a fiver and they come nowhere your max loss is £75.
Naked Mail
Having Read your books, followed your recommended reading lists and attended your seminar....
I have to say, I unreservedly agreed with all your teachings/strategy and now follow them to the letter...except one area... the impact of the "Bid Offer Spread"....
My thinking was that- it does Not really matter- the different between 3% & 8% etc.... if you find a good buy.
Now I have began buying/trading, I completely agree with your thinking on this area.... they have a far bigger impact than I thought... especially when investing at c£3k each time.... and immediately seeing how much I was down on the purchase.
Lesson learned....the hard way!..hah hah.
Glad you like my stuff! Yes, it does matter over time and it's always best if possible to try and get the price when the spread is small as I hopefully showed live at the seminar..... often the worst time to buy is at 8am when the spread can be way too much.
Duane writes:
Wanted to say a big thank you to you and Mrs NT for an amazing day of learning and fun at your seminar.
The way you explained the share trading from start to finish was understandable and really interesting, well worth the seminar fee!
It was great to hear such down to earth and honest assessment from a successful trader like yourself. The way you explained everything was good revision from your book and gave further insight into successful share trading.
I particularly liked your live trades and going through your accounts when you gave snippets of why you invested in certain shares and why you kept/dumped them. Also helpful was the way you searched for prospective shares and within minutes discounted them or put them on a short list for further examination and correct entry points. Amazing!
You could really tell that you loved doing what you do and your energy levels to keep going till 10pm was well....... I had to leave at 9pm I was shattered!
Thanks again Robbie I am keen to put into practice what you have taught me. Even though you make squillions from your trades and I am sure don't need to do the seminars for financial gain, but please keep doing those seminars for newbies like me!
Thanks Duane! Don't expect to be doing them foreever but very rewarding for me to help people so expect to carry on for a while longer.
Helen writes:
Thank you very much indeed for your superb seminar on Friday. Many factors that made it worthwhile, however your talent in communicating so clearly, in a way that was accessible to so many people, really stood out. I now clearly see the error of my old ways of buying at quite the wrong times and lacking a businesslike attitude. Time to turn over a new leaf. DMA was fascinating, along with being taken through your thinking and decision-making
Thanks Helen. Yes, learning direct market access and how it works can be very useful indeed. Glad you enjoyed the day!
Terry writes:
Fantastic seminar.
I have always been sceptical of the public testaments you see on web sites
saying how great an event was. Now I'm one of those people!. I
genuinely believe that the tips and techniques as well as the overall
approach you demonstrated will radically improve my trading performance
Thanks Terry, well all the testaments are real but know what you mean and glad you feel it was worth it!
John writes:
Thanks for a great seminar last Friday, everyone I spoke to enjoyed it and marvelled at how you kept going so long; you certainly gave value for money.
If the seminar taught me anything it was how to trade in a more professional and detached manner. I realise up till now I was just playing at it.
Thank you once again for a fantastic day that will remain with me for the rest of my life.
Thanks John, though my wife sometimes complains I go on for too long.....
Advfn Level 2 Exclusive Offer
This compares to £360 PLUS vat from ADVFN direct (£423) so this deal saves you over £100! ADVFN level 2 also includes all the live trades made through Plus Markets which I find invaluable.
To accept this great deal just e-mail me at robbiethetrader@aol.com with "Level 2 offer" in the subject line and I will tell you how to get it. Level 2 for only £299 for a year (including vat), or under £25 a month!!
ADVFN Bronze Offer
Plus you get ADVFN's premium top lists which I talk about in my book and think are a must for finding great stock picks. That includes great lists like ex dividend dates, market maker buys plus chart breakouts and downs.
To take up the offer, e-mail me at robbiethetrader@aol.com with Bronze in the subject line and I will tell you how to claim the deal.
Advfn Silver Exclusive Offer
The deal is via me you can save £30 for your first year by paying just £138.06 inc vat via me instead of £167.47.
Just mail me at robbiethetrader@aol.com if you'd like this deal with "silver" in the subject line.
Selftrade Offer
All deals are just £12.50 with no funny small print. They also charge £35 plus vat pa for all accounts. Follow this link...
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Markets
My goodness! I would never ever have guessed that this year I would have made the biggest amount of money in the shortest time ever during the first week of December.
I would have picked any other time. In fact I would have guessed Dec 20th-24th. Or the 24th on its own - Xmas Eve can often see a huge mark up, especially in small caps for some reason.
So I am gobsmacked. But it goes to show you should never second guess the market and so glad I never sold anything even though I was tempted. Absolutely massive risers everywhere, more in a mo.
First to some buys.
I like the look of Essar Energy (ESSR) - it has been unloved but I think worth a look at the current price and snapped some up on a spreadbet for a tenner a point at 526. Target 620 stop 510
I picked up some small London Capital Group (LCG) getting 3,000 at 96p (at the sell price using direct access). This spreadbet outfit looks undervalued at around 100 as long as there are no hidden nasties - It's got plenty of cash and market volatility should be helping. A trading statement is due any day which makes it a bit risky as these kind of companies can through peaks and troughs but could be worth the risk. Target 125 stop 90.
IMI (IMI) looked worth backing a bit more as I mentioned last time a possible entry into the FTSE and I got another 10 on the spreads at 881. Target 995 stop 850. It will be announced later tonight whether it made it or not. Could see some more gains up to 1000 possibly if it does make it, it looks like touch and go as to whether it got in or not.
And I've been tempted into buying Asterand (ATD) getting 30,000 at 11.32p. Goldman Sachs has bought nearly 5 million shares or 4% of the company. So I guess I followed them in. Target 16 stop 10. Risky but could be rewarding with some patience.
I got caught out by the sudden rise in Ocado and was stopped out at 152 for a loss of.£210. However I read the rises were because of "rumours" of a bid from Morrisons. Hmmm, sounded like a dodgy rumour from someone who wanted to get the share price up. So I re shorted for £30 at 169. At 170 the rise seemed exhausted.
And yet more dodgy bid rumours screwed my profits in the G4s short - the shares began to rise today because of the "rumours" (made up by someone) and I tend to exit shorts fast if I get it wrong so I nipped out fast at 243 for a small loss of £60 - best to get out quick of shorts if they go wrong or else you can quickly get into a big loss. Usually once the false rumours die off, shares which went up usually dive back to where they should be which will probably happen here. On both counts I think I've been robbed but I take it with a laugh as that is the market for you and if you play in it these things will happen.
At last Nestor Heathcare's bid has come to an end and we got 110p plus 2.5 dividend giving us a total of 112.5p.
With 110.75 available to sell I don't see an awful lot of reason to continue to hold as a rival bid looks pretty unlikely so I think I will probably start selling and I have an awful lot to sell in various accounts especially spreadbetting ones. I guess with some of them on December expiry I could bank some of the SB profits by letting them expire on Dec 14th.
Anyhow the final bid means profits for the website are close to £40,000 ! Which beats my previous best win on a single share (Burren Energy) by £7,000. Which will bring the closed profit totals to near £860,000 which brings my aim of getting the website to £1m profit closer. Though I'm ending the website when it gets to £1m as you should always quit when you're on top - that's showbiz!
While nothing is in good a profit as Nestor -except for Telecom Plus- which has convincingly broken through the 400 mark. It's one of those that plateaus for ages then gets rerated and looks in the middle of that and looks like the rerating could take it up to 450-470 area, it went ex dividend today and didn't go down much, a very good sign, for now a rerating up to 500 looks about right - the cold weather will be helping its profits too.
Well, Mulberry must be considered the real star performer and it has trebled and a bit since bought at the July seminar! That's profits of knocking on £10,000 from the spreadbet! and with Mrs NT and friends continuing to buy their handbags and boots there I continue to hold! So thanks again for this one to Mrs NT for Mulberry bags and boots appearing at home was a big buy signal and B) - thanks to the ladies at the July seminar for agreeing Mulberry was the hot place for the ladies to be.
Shorts are all ok given the big rise with all in profit, if small profit. Rightmove, Betfair, Davis, Wincanton are all lower than when shorted. Betfair remains the biggest winner though Wincanton short is going very well indeed.
Two of my long-term favourites go very well. Both Carclo and Dialight are seeing some good buyers. Bothshares remain under the radar which is fine for me but both could have amazing 2011,
Dialight has trebled for me - . Those of you who came to one of the seminars might remember me buying that live at 140ish - now nearly 500! The US government says it is going to be using LEDs for its traffic lights and says it will not be allowing tendering from foreign companies so Dialight looks set to benefit from the cash going in. If it can get above 500 there could be new rise on the cards.
Carclo is rising very steadily and breaking out nicely - shame about the silly spread sometimes though. Not that this matters as I expect to get a big payday here next year.
Yule Catto is picking up again after a recent dive and heads back to over 260. 270 is the sticky area,
BTG is rising steadily after the dip from buying Biocompatibles,
Innovation announced ok results - nothing spectacular but good steady progress and a bid is in there for nothing so I'll continue to hold.
Ocean Wilsons creeps up. Porvair with another contact win announced looks about to tackle 100, terrific! Up very nicely this week.
Recent buy Hilton Food Group rises slowly and calmly, worth 300 early next year. Other recent buy AZ Electronics is beginning to shoot up well. Bought those at the last seminar. AZ Electronic makes sophisticated chemicals that are used in electronic goods such as semiconductors and smart phones and is used in ipads and iphones. It's confirmed it will go into the FTSE 250 next week.
Exillon Energy is also going into the FTSE 250 and looks set for a run up after another good statement this week - there is a seller around at 300 but once cleared it could rise nicely.
Fenner has seen a very good rise as has Afren which looks like it might have a go at 150.
Recent buy Bioquel remains nice and calm a bit higher than when I bought it and . Judged on this, looks like a good chance of this one getting back up to the 150p area. Commercialisation of its new product looks like it has a decent chance and could be worth a lot of money, with submission now made to the regulators.
The recent Cineworld top up on weakness has paid off well so far!
and nicely up now. 888 Group is now on the rise after decent figures from Sporting Bet. Looks good for another few points. Entertainment One consolidates after recent rises, patience should pay there. .
The brilliant Volex has risen this week from 320 ish to 340 ish and says today dividends are on the way sooner than expected. I've doubled on the original lots I bought in the low 100s and in a really super profit of over £13,000.
Superstar Oiler Bowleven (BLVN) has got nicely through the 330 mark this week and indeed looks like it is trying to tackle 350. .The recent statement was a decent find and there is some talk about it being the next Tullow - well that is just talk but it would be nice
Recent top up Devro proved good timing as it's already climbed 10% since I bought! It has also for the moment gone through the previous sticky area. It couldn't quite manage 270 but I would expect to see 300 early next year.
Spreadbet Centamin is back in profit though very volatile. Gamble Orosur Mining is on the rise again after dipping on profit taking.
Long termer Heritage is heading back higher this week and flies through 400 The Vitec Group is heading back up nicely and is trying to crack the 600 mark - been brilliant so far. Aggreko rises after a couple of downdays - I shall carry on holding - still up 400 points and may top up if it weakens any more.
Splendid profits now in African Aura, it seems to rise gently every day and up again today,it raised estimates again this week - it will split into two companies next year which looks a good move. It's up a little in a down market.
Hyder produced a decent statement this week and I remain a holder and in good profits. And there is a bid possible in there for nothing. It's been rising all week and went ex dividend today.
Xp Power is starting another surge and looks to leave a tenner behind today. I bought this one at 164 a year and a half ago and it's now trying to get to 1100 with a profit of £13,000 plus. It goes to show if you can hold the good ones for a bit and resist the take profits temptation it can pay off big time!
.Lovely Petrofac didn't give back too much in the melee and remains a core hold and soars today. Together with spinoff Enquest sees me sitting on profits way in excess of £25,000. Of course it's volatile but a strong uptrend remains intact. 1500p seems a tough nut for it to crack at the mo though.
Spirent has doubled for me and there recent top up is in profit. It is trying to stick above 140..
I've been getting e-mails regarding my use of direct market access and who I use. I've tried a few and for me the easiest system for me is here:
http://www.igmarkets.co.uk/?QPID=1079&QPPID=1
Direct market access means you can place orders directly onto the order book bypassing brokers and market-makers with a chance to buy at the "sell" price. I would suggest you ensure you know what you're doing first but IG does provide much education with its "tradesense" educational tool which comes with it.
I also use its spreadbetting service too along with other firms like Tradefair because it now provides trailing stops which to me is a pretty sensible way of trading. Link is here: -
http://www.igindex.co.uk/?QPID=1078&QPPID=1
that also includes a pretty decent educational programme. As usual before opening accounts please read all the warnings on the sites. You can lose a lot of money if you're not careful so pay close attention to them and make sure you always understand what you are doing and what your potential losses are.
£100 Tradefair offer
So there's now a £100 credit on offer for anyone opening an account via me. You get that after 5 spreadbets (terms and conditions apply).
To get the offer, click here:
http://www.tradefair.com/promo/spreads/nakedtrader100/
E-mail subscription service
Telecom Plus Offer
You get to sell great broadband, phone packages and energy to friends, relatives, contacts and anyone else you find and you get cash for each sale but more importantly you get a cut of their spend EVERY MONTH for as long as they are a customer!
It's called residual income and is a far better way to enjoy a ripe old age than relying on a pension. Because even after you stop selling the money STILL comes in!
I still get paid EVERY MONTH for sales I made back in 1999! Every time a customer uses broadband or the phone or switches on a light you get paid.
It's a great business and backed by a stock market company (Telecom Plus), a dedicated team of advisors.. and me to help you on your way!
Not only do you get paid out every month for each customer you can take on distributors. encourage them like I do and get paid on their sales as well.
One day, say you could made redundant, needed a year off or wanted to retire early can you imagine what joy it is to have the regular income coming in. It's wonderful.
You have to work at it, but if you do genuine repeat wealth could be yours. I did it. You can too. For full details, why not email me at robbiethetrader@aol.com.
An overview is also available at http://www.telecomplus.org.uk/fabdeal you can sign up directly there but do tell me!
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Trade tables follow! Trades are current open and recently closed trades. Closed trades feature the closing price and the amount I won or lost. All others are open. Trades get updated a little later than the narrative. Trading costs are ignored, however I also do not add in dividend payments and with the kinds of companies I buy, dividends tend to equal or outweigh costs. Spread rollovers ignored for web purposes. Tables as accurate as poss however a mistake or two can creep in and very occasionally if I forgot I sold or bought something it will be added at a later time.
Trades first reported Weds and Fri afternoons under "Markets" section.. afraid I can't do live trades as that would turn me into a tipster and I'd have to be regulated!