Proactive Investors - Run By Investors For Investors

Naked Trader - Still not doing badly!

Naked Trader - Still not doing badly!


They've been trying to go down but still not doing badly!


As you know I'm shortly off to California for the summer road trip so only trading very lightly.


However a few shares that dropped a bit came onto my radar.

One which looked a decent buy was 888 Group (888). This online gaming company has been hit by worries over gaming taxes but they are way overdone. Recent statement was excellent and it has tons of cash. 


Anything under 130 looks like a great price and I snapped mine up at 115.7. They look a bargain now.

Another one was Xaar (LON:XAR)

I bought Xaar at 482.4  Xaar is a digital inkjet printing company that could previously do no wrong.


But management warned revenues are going to be lower for now. However the market looks to the future and that eventually looks bright with a lot of new products about to hit the market and it expects revenues to flow from those in the second half of the year so I reckon a good time to get in while it is weak before these come through.


Results from Hayward Tyler (LON:HAYT) were excellent and so I topped up yesterday morning.

Strong revenue growth, a massive increase in profit, dividend introduced.

Also what's interesting is it's in markets that could quickly grow into big ones such as cleaner power generation in India and China.

This has the feeling of a lovely under the radar-types with a potential massive future ignored by pi's who are more interested in the same ten risky oil stocks! 


I'm certainly happy to have increased my stake in Hayward and consider that probably now looking at a long-term hold of it unless anything unexpected surfaces. It looks a cheap buy up to a quid. Hoping for an eventual 130-150 from it.

And I topped up on one: Regeneris (LON:RGS) getting a new lot at 292.7. 


Already making decent profits on it and couldn't resist getting some more after it was sold off too much. 


Well the big news is Kentz (LON:KENZ) which is being taken over at 935. 


I've been bowled over with emails from many of you in this because of me and some of you have made eye-watering amounts. 


I'm really pleased for you all, and well done for sticking with it like I did from much lower prices. 


Profits for the current site positions are well over £20,000 at the bid price.

Over the years buying and selling it have made me over £100,000. My only regret is... why did I ever take profits on it previously or at all, but then hindsight is a great thing. 


I feel a bit sorry to see it go in a way but it is a lovely end to a great story. Chances of a rival bid are slim but just holding onto a few in case, and at any rate the current price is very close to the bid.

So a big farewell to lovely Kentz and will enjoy banking the last £20,000 profit for the site and a bit more than that for me in reality. And I am pretty glad I topped up for the website just a month ago!

Again, congrats to all of you who were in it.. especially Chris the builder from Wigan who bought it after one of my seminars way back when! 


The thing is, if you are in a decent company, eventually there will be a bid. 


I sold my ssy for a small loss. Not sure why it went down and thinking of buying back soon. And I sold Ams for a small profit because it was weak but I am just about to buy it back at a slightly lower price. 




Iomart (LON:IOM)proved a nice recent buy - it needs to get through 225 to go higher but is trying hard at the moment. 


And GVC (LON:GVC), what a great trade that is turning out to be, that has continued with its upward climb with capital rising and a magnificent dividend too. It's been rising steadily for some time and seems to be no stopping it for now, great profits building.

Entertainment One (LON:ETO) has climbed back up again and heads very nicely higher.  


OPG (LON:OPG) put out a statement this week the market really seemed to like, pushing it well over 100p again. This one could be a big winner, well it already is, up more that 50% on the first buy. 

Seeing Machines (LON:SEE) put out a very comprehensive statement saying how it was going to use the cash it raised recently.

A very sensible statement from what seems sensible management. Downside is it won't make money for a while, upside, if it does succeed it might end up a big company and a potential takeover target. Worth being patient with, tucking away and forgetting about.

Carpetshite reported another dismal set of figures, tons of profits on ongoing shorts on this one. I wonder if anything has been brushed under the carpet? Stores are empty, no new ideas and even the head cheese who was hoping to retire has had to stay on. The shares aren't worth a penny more than 200. They'll crack at some point. 


GB Group (LON:GB.) reported some fantastic figures this morning, what a brilliant buy and hold it has turned out to be. I am hoping for a bid for this one on a morning when I least expect it. Hoping for 220-250. 


Renew (LON:WIND) has stabilised after some lovely moves up  and look to have a brilliant future, what is not to like? 


Long-termer Porvair (LON:PRV) continues as a hold despite having more than trebled.

Vectura (LON:VEC) is having a good couple of days and climbing very well today. A bright future there. 


Accumuli (LON:ACM) has had a brilliant time, will soon be close to doubling - just a shame I sold half of them a while back but that's the way it goes. 


There are good signs of some buying in boring Polypipe, maybe it won't be boring for much longer. Patience should pay! 



KBC (LON:KBC) announced an interesting partnership today and continues to  head higher and now wish I hadn't taken part profits recently.

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
Copyright ©, 2019. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use