Share Picks 2021 - Thread banned users post #1

I think they're only talking about banning it in Europe. It's not banned yet is it?

Interactive Brokers give you the option, pay €10-20 per trade and no PFOF, or get 50c transactions and be subject to PFOF. In my opinion, anyone who's investing and not day trading, the difference is so miniscule you'll never notice it. If my shares have been held for 5 years have gone up 300%, who cares if i get 300% or 301% profit

I do.

Very interesting discussion on PFOF and Stop Loss hunting etc. in previous posts, thanks Shedite, Patsy etc.

Personally try to use standard limits when buying/selling...but do use Stop Losses occasionally. (Yeah a few times, I seen suspicious drops in Shares Prices to exactly my Stop Loss limit 🤫), but I suppose what can you do? I don't like paying mad commissions either.

I use Degiro primarily, since they have ditched commission, can we assume that they have an alternative income source? eg. from selling order flow

Nice is this standard across all platforms, haven't seen it on my Davy account. Could well do with a P/L yearly summary.

Evergrande seems to have finally succembed to default. The list of Sino Developers hitting the skids is growing and the CCB is making some strange moves in reducing liquidity requirements during a time of capital reduction and almost flight from their property markets. Very much a move to allow local investors a head start on escaping ahead of off-shore IMO.

No IPO bids are just for the amount of shares, you've no say over where they price then. In general they know not to price too high, or price will drop on Day 1 and looks like a "failed IPO"

Did they give a statement end of November? Where was that? I worked it out manually in excel myself. Made wayyy too many realised capital gains in 2021 despite my overall portfolio going to pot, but thats investing for ya.

Whatever about this guy's report, Argo is tied to the price of Bitcoin and that has fallen about 20% in the last month

Hi

When I go to buy ryanair or umc etc on de giro I'm tole I've disabled complex stocks

Looking up the definition, complex stocks can include CFDs, which did in poor oul Seanie. I presume ryanair and pfizer are not CFDs?

Seems a straightforward enough FIFO (First in first out). You didn't break the 30 day rule when selling and buying back a stock.

Yes you can use losses, but I think CGT from the 1st Jan - 31st Dec has to be paid by Dec 15th. Then any CGT gains from the 1st Dec -31st Dec have to be realised by the 31st Jan.

That's my understanding anyway, (someone might correct me on the dates)...hard to give an accurate figure from that pic, calculate the BEP (break even point for each buy). Might make the calculations a little easier.

Be careful of liquidating stocks for the sake of it. (Especially if you plan on buying the stock back later in January as all your doing in that case in lowering your BEP, which will mean you'll be facing a bigger CGT bill if the stock rises significantly. (As you'll be paying CGT from a lower BEP).

My 1st post on Evergrande and its potential contagion on this thread was back in Sept IIRC.

I laid out my thinking that the Chinese would seek to insulate their people and burn the offshore debt holders. They would seek to ensure that people buying homes had them delivered but that even Chinese speculators buying investments, would carry a loss.

Based on the below, it certainly looks like the path the Chinese have chosen. IMO where the contagion risk for this is highest isn't just the losses that Western investors will carry from this. It is the further debt that was raised using the Chinese bonds as collate5. Margin has been wrecked here and with a downgrade of these and other China Property bands to Junk status? Any margin using these as collateral will either have to be closed out, liquidated or re-financed.

It is going to be a very hairy year end for a lot of very large banks and investment houses IMO.

Ah it was a classic running ahead of itself price. Zoom out a bit, looks a fairly steady grower, up 75% YTD

Generally with the Growth Stocks, the best indication of where a stock is trading is the Price/Sales ratio. It's the total cost of the company divided by the sales figures. You can get it on Yahoo Finance.

Anything above 35, I'm not buying, it's overpriced, anything about 50, you should realise it's going to come back down in the next few weeks. Crowdstrike got to 100 at one point in the past few weeks, still over 70. Snowflake is sitting at 104 at the moment.

That number can also come down by the share price sitting still for a year, while sales catches up, and there are other factors that play into it (the "35 rule" is probably a different number for different industries), but it's a good one to keep an eye on.