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Ok then, onto some buys and sells, starting with the buys...

Ok then, onto some buys and sells, starting with the buys...

Ok then, onto some buys and sells, starting with the buys.  Given the summer lull on the way buying is limited for the moment and only buying things I really think have good potential.

Everyman Cinema (LON:EMAN) came up at the last seminar and is an interesting one.

"Posh" cinema going is on the up and this company specialises in lovely cinemas with great seats and service.

This is what people now want and so are prepared to pay more for their seats. My reason for buying is first of all decent fundmentals with rising profits, good director buying and also I wonder about this chain getting bid for?

I think I would try and pick this up if say, I owned Cineworld.

Anyway I have picked up some shares in EMAN, bought a few late yesterday and a few this morning    They have come back a bit so I've bought while the shares seem a touch weak which looks like profit taking. In a downturn, strangely, people still treat themselves to the movies.

One of my faves, Iomart (IOM) went up through a previous 300p barrier so I bought in more. Then results came out this week which were excellent. A rare profit maker in its sector I really am in for a possible bid. It has been bid for before and no reason why this shouldn't happen again, this time hopeful of a more realistic 400-450. 

I bought some Oxford Metrics (LON:OMG). Interesting company that produces software for government, life sciences, entertainment... a wide range. Interim results recently were decent and it has a very decent cash pile which I always like.

Sales pipeline looks strong so I think these shares could rise nicely. If not, at least I can jump up and down shouting "OMG!"

I picked up a few more APH (Alliance Pharma) – it said its key brands are going well   and it expects commercial sales of a promising drug to combat sickness in pregnancy to take off soon,

I've shorted a few shares in the retail/hospitalility area as with the minimum wage up, less spending going on they are all vulnerable. Also data looks pretty poor in that area.

So as well as shorting retailers as a whole on a spreadbet, I shorted (for newcomers this means trying to make money from betting on a share price to go down) Conviviality (LON:CVR) and Patisserie (LON:CAKE). 

Both are decent companies but their share prices have soared - but too much given likely headwinds. Others in similar areas have started to warn on profits. CVR's retail outlets could suffer and it also has quite a big debt.

Cake could suffer from minimum wage rises, less consumer spend and soaring costs of ingredients - the butter price is currently skyrocketing. And frankly I have gone off cake. I am eating more twixes instead.

As I said above I topsliced (sold part of some holdings). Frankly too lazy/difficult to go through all, but here are the lowlights.

I took part profits on Cnc bagging £1,316 while keeping the rest. Profit of £1,125 on sag - that one stormed up.

Banked a little bit of Yu, that's a profit of £860.   ITV kept sinking so sold for a profit of £1,196 – and a 10p dividend per share during the holding period.

I topsliced a bit of SFE as I had a lot, banking a profit of £693, and a topslice at upsg banking £1301.. I lobbed out one or two that were just stuck in a rut:  Euro, alu and Lpa so banked small gains of £178 and £136 and £125. About to buy lpa back I think. The other two could become buybacks perhaps later this summer.

Bur was sliced for a profit of £3,375. Purp doubled and so automatically topsliced for profit of £3,555. Then it began to tank so sold sadly 40 points lower for a profit of £3,996. Although could have banked a lot more pleased as it was high risk.  Total profits banked for the website are   £17,856  .

Overall though I lost some bits of profits here and there on paper but they have been very strong and one never expects to exit at a top

That’s a lot of cash raised  and expect to sit on that – it’s firepower should the market have a major selloff over the summer. Together with some shorts I’m almost ready for the beach….

Summertime can be a hard time in the market with lots of volatility so always worth banking some profits and keeping a wad of cash free. Then come back in September all refreshed. Also if you have some cash you can relax a bit more – that is a lot harder if you are “all in”.

I bought some Sophos (Soph)– I struggled to buy it in the past as found it hard to work out the fundamentals. But.. it is in the hot sector of security and the recent statement was very bullish indeed – so it seemed a good fit for a high risk portfolio.

It is volatile so I tried to buy on weakness – I’ll try and hang onto it if I can and ignore any gyrations which can be massive.

I was quite impressed with the bullishness of the recent statement too, so going to give it a shot.

ULS Tech (LON:ULS)   has absolutely stormed up and there hasn’t even been that much profit taking so still looks nice. (It provides B to B transactions in the conveyancing markets and this looks like a growth area.)

Recent buy Applied Graphene Materials (LON:AGM)  is doing fine for the moment let's hope the first orders for fishing rods grow! Need a bit of news here to get it going,
Big money possibly could come from collaboration with Airbus Space and Defence . There are a load of other areas where contracts could be made and materials used. One decent win could see the share price way higher.

Cambridge Cognition  holds well and has been climbing rapidly this week – can be volatile though. 
Fevertree of course is volatile but still worth holding and sold half purp for the higher risk fund banking a decent profit.

Nakedtrader  was created after I left my full-time job as a finance editor for BskyB to trade full-time. I had been writing an diary page for its teletext service since 1998 and decided as I was leaving to transfer that to the internet.
These articles are simply a "diary" of my life, or what you would now call a "blog". I detail what I've bought, sold or shorted and briefly why. I use various spreadbetting companies and stockbrokers to carry out the trades. I ignore commission but also dividends and I reckon the two balance each other up.
So you should be aware this is not a "tipping" site and I do not consider myself, nor do I want to be, a "tipster". In other words tipsters will urge you to "buy" something - and they generally are regulated to do so by the FSA. I simply state I have already bought or sold something personally. Because of that I am not "regulated" - so I am not an authorised "tipster". I am simply a trader who states his positions.
That is quite a big difference. I am not allowed to give what is called "Individual investment advice". And quite right too - I am not trained to do so. What that also means is if you e-mail me and ask me anything along the lines of "Should I buy or sell this share?" I cannot answer you except to say it is your choice! Of course I am more than happy to answer anything to do with general market/educational questions.
You should understand I always have an interest, and sometimes a big interest, in any stock I talk about. For website purposes my buys will often be to smaller stakes than in reality. So although my buys are real enough, as are the prices, I can and often do buy much bigger stakes in the shares. I may also "top up" in shares without declaring it and I will  sometimes deal more often than I mention on the site - mainly because of time pressure, if markets are busy. So though the buys on the site are around the £5,000 mark I may well deal in reality is sizes of £10,000 - £30,000.
My reasoning for this is I simply do not want to encourage people to blindly follow me into something when they do not understand the potential risk. It's ok for me because I can afford to lose money I put into the market. It may not be the case for you.  I am generally a medium term investor holding my shares usually between 1 week and on occasions up to 3 years. Average holding time is probably about 3 months.
So one of my main messages is: don't be tempted to follow me blindly into my choices. Quite often, as I play momentum, a share I have bought may already be much higher than when I bought it, especially as I do not update every day. If you follow me blindly you may be buying at a much higher price and you may end up selling at a much lower one.
You should ALWAYS do your own research and come to your own decisions on share purchases. If you follow me into something and lose money, you only have yourself to blame and not me. You should learn about markets and understand what you are doing before entering them.
The most risky way of trading of all is spreadbetting, which I do quite a bit. You should carefully read all the warnings that the spread betting firms issue together with all the warnings in my books. And never, ever, play with money you cannot afford to lose.
The aim of this site is to entertain, and perhaps stimulate debate, and that is the condition of entry !I really hope you enjoy reading about my triumphs and mistakes, but please, just watch and enjoy my triumphs and learn from my mistakes. Consider this site as entertainment. If this is your first visit to the Nakedtrader website site, I thank you for visiting me, and hope you will find this site useful. 
After reading and agreeing to the disclaimer, click the "I accept" button below. Please remember, I cannot give any specific advice, as to whether you should buy, hold or sell any individual share.
"The investments and other products referred to on the Naked Trader website should in no way be considered "advice" to buy or sell anything.  Naked Trader information is given in general terms only and does not constitute personal advice to any individual.  Investors are responsible for formulating and applying their own strategies based on their own personal circumstances. Naked Trader recommends that you obtain independent financial advice from an FSA-authorised intermediary before investing money.  Information given in previous editions of Naked Trader daily updates may become outdated and should not be relied upon unless confirmed by recent comment
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