I don't mind personally buying AIM but won't buy micro cap and as with all holdings there has to little or no debt, and there must be a decent progressing dividend (or one to be introduced imminently), and the spread must be tight among a plethora of other requirements!
Thanks for the macro analysis, very interesting and chines with other chartists. Going to hunker down in the bunker with my Avon helmet on...
Nothing has changed my mind with TEP, it simply seemed to be one with the slowest growth potential pace along with KITW, when I'm staring down the barrel of so many potential 'doublers in one year' stocks at the current time. The only tiny negative I see for TEP is the gov changing the way standing charges on Energy are charged, They will get the money some other way if it does change.
With KITW I just wonder what strength they have with food price inflation declining, perhaps they have had their peak market when inflation was high but again I don't know and feel sure they will do well anyway.
I've just concentrated recently on reducing holdings and focusing on max potential. MPAC were net cash for many years, they drifted to £10m net debt last year but just £2.5m net debt on trailling 12 months. I've mainly been thinking about the past market lows and feel I never focused on catching the big potentail winners of a bounce, I was happy just to find winners after a long bear market. Compounding says get the biggest gains you can as early on as you can imo.
I know that's not the strategy for many, some will want safe and steadier larger caps for income rather than growth I'm sure, we all invest differently. I think TEP probably fits more into this style.
Rich Cashin? That's brilliant, one you just couldn't make up! It's been a tough week so a little hallows humour goes a long way.
You were quite positive on TEP recently, what changed your mind - was it the lack of a step up on the recent update or simply the refocus on doublers?
There's a good article by Ed Croft in Stocko yesterday concerning limiting losses, and with interesting debate in the comments section:
https://app.stockopedia.com/content/a-practical-guide-to-keeping-losses-small-978068?order=createdAt&sort=desc&mode=threaded
I don't mind personally buying AIM but won't buy micro cap and as with all holdings there has to little or no debt, and there must be a decent progressing dividend (or one to be introduced imminently), and the spread must be tight among a plethora of other requirements!
Thanks for the macro analysis, very interesting and chines with other chartists. Going to hunker down in the bunker with my Avon helmet on...
[I hold TEP]
Nothing has changed my mind with TEP, it simply seemed to be one with the slowest growth potential pace along with KITW, when I'm staring down the barrel of so many potential 'doublers in one year' stocks at the current time. The only tiny negative I see for TEP is the gov changing the way standing charges on Energy are charged, They will get the money some other way if it does change.
With KITW I just wonder what strength they have with food price inflation declining, perhaps they have had their peak market when inflation was high but again I don't know and feel sure they will do well anyway.
I've just concentrated recently on reducing holdings and focusing on max potential. MPAC were net cash for many years, they drifted to £10m net debt last year but just £2.5m net debt on trailling 12 months. I've mainly been thinking about the past market lows and feel I never focused on catching the big potentail winners of a bounce, I was happy just to find winners after a long bear market. Compounding says get the biggest gains you can as early on as you can imo.
I know that's not the strategy for many, some will want safe and steadier larger caps for income rather than growth I'm sure, we all invest differently. I think TEP probably fits more into this style.
All the best