Share Picks 2022

10-11-2022 10:17pm

Some day

Jonnyc135 · 11-11-2022 8:01am

Crazy day and futures up this morning, I don't know what to make of it. I'm in the camp that core inflation is still not decreasing therefore interest rates need to still go higher which will affect asset prices negatively and when all the dust settles rates will be lowered and QE will continue and the whole circus starts again.

I hope this rise last another week or so as I have to offload a lot of shares that I have in my SAYE scheme. The thoughts of the CGT is absolutely sickening, if the market wasn't so volatile I'd probably sell in dribs and drabs over a few years in order to fly under the radar for CGT.

11-11-2022 2:22pm

The Tesla bubble is well and truly busted.

patsy_mccabe · 11-11-2022 4:05pm

https://www.boards.ie/discussion/comment/119861865#Comment_119861865

Or maybe it's value now at the lower price.

11-11-2022 5:07pm

https://www.boards.ie/discussion/comment/119862266#Comment_119862266

The stock is way over-priced imo and has been for a long time. Admittingly not as bad as last year. The clever ones got out then.

Add to that the big motor players will catch up and produce better built electrics before long.

It will no doubt be volitile as Musk can sway it with a tweet or two, providing Twitter doesn't go bankrupt....

Tesla shareholders must be grimacing watching that mess.

patsy_mccabe · 11-11-2022 5:35pm

Tesla's Cash Flow last quarter was $3.3B with a ROI of 31,45%. Sales grew 55% in 12 months. It is starting to generate positive cash flows now.

Say at 15 times annual cash flow, that would value it at about $200B. It's market cap currently at 600B or 45 times cash flow. Still overvalued but the question is, how much further will it grow.

LawBoy2018 · 11-11-2022 11:54pm

My PYPL shares were making me nervous when the sp dipped to $65 AH last week after earnings... Glad they've rebounded.

If only my RKLB shares could come back from the dead before I'm old and grey! SMH

LawBoy2018 · 11-11-2022 11:57pm

https://www.boards.ie/discussion/comment/119832182#Comment_119832182

Not really. If you invest in equities then you can't really lose imo, provided you stay in the market. Even if things go tits up, you can carry your losses forward indefinitely and use them against any future gains. You can't carry forward your losses from ETFs, they're less tax efficient and you will likely be paying annual fees.

JimmyKane · 19-11-2022 4:44pm

I'm thinking of increasing my position in Tesla...am I better off buying in euro or US dollar?

I have an Interactive Brokers account and I can buy in USD from the Nasdaq and it would cost me €2 in fees (€1 exchange fee to convert any amount from euro to USD, and €1 to make a purchase).

Alternatively, I could buy TL0 which as far as I can see is buying Tesla in euros from TGD. This obviously means no exchange fees but the flat fee to purchase is €3.

So buying in USD seems cheaper, but is there anything else to consider? Strength of dollar v euro currently etc? Fees when selling etc?

19-11-2022 5:14pm

https://www.boards.ie/discussion/comment/119894123#Comment_119894123

The above transaction costs are negligible/irrelevant to currency risk. I also suspect you are underestimating the actual transaction costs.

awec · 22-11-2022 10:18am

Any thoughts here on Disney?

Boat missed?

bcklschaps · 22-11-2022 5:25pm

https://www.boards.ie/discussion/comment/119905757#Comment_119905757

Long term holder, but I'm 10-15% underwater at the moment. Hope Bob Iger can put a fire under the Share Price.

Mad_maxx · 27-11-2022 9:17am

https://www.boards.ie/discussion/comment/119894123#Comment_119894123

Tesla is denominated in dollars, it’s primary listing is on the New York exchange, this is not a decision, buy in dollars

Mad_maxx · 27-11-2022 9:18am

https://www.boards.ie/discussion/comment/119905757#Comment_119905757

No , stock has gone nowhere in seven years, will revisit lows at the very least, it’s not a cheap stock yet has disappointed recently

30-11-2022 3:36pm

NIO flying today

+ 22%

farmingquestion · 02-12-2022 12:34pm

Feel sick as I locked in losses of a certain chinese stock of over 10k when Xi was re-elected and everything tanked. Had been DCA'ing in for years and panic sold as fearful of the taiwan situation.

It's boomed about 40% since and I've missed gains of probably 4k back.

My portfolio is down 18% overall and the currency is doing me in despite my stocks going up.

I'll have to look at deep red for probably 5+ years just to get back at break even.

Shedite27 · 02-12-2022 1:24pm

https://www.boards.ie/discussion/comment/119948399#Comment_119948399

What would you have done differently?

farmingquestion · 02-12-2022 1:49pm

https://www.boards.ie/discussion/comment/119948610#Comment_119948610

Never built up such a big position in the first place.

littlevillage · 02-12-2022 8:43pm

The Share Picks thread is sadly lacking in ahem! share picks recently 😔

Soo, here goes, anybody looking at taking a punt on Activision-Blizzard (ATVI). Can be picked up around $75 now...(they were $65 pre deal announcement in Jan 2022)... if the deal with Microsoft closes it will be $95 per share, even if it doesn't happen, ATVI will be in line for a few Billion in termination fee's.

Obviously DYOR ....and usual caviats apply, the main one as I see it is that gaming stocks got hammered since Jan 2022... soo there is a likelihood that had the deal never been announced, the ATVI share price might be a lot lower than $65 today.

weemcd · 03-12-2022 10:47am

https://www.boards.ie/discussion/comment/119950633#Comment_119950633

I'll have a look. What do you think of CD Project Red long-term? I've been eyeing them up for a while, despite their Cyberpunk problems it made tonnes of money, they have a next gen Witcher 3 upgrade that launches for free on the 14th that might shift a few units. But more importantly they have several Witcher and Cyberpunk properties in development. Earnings soon, tempted to wait until after that. Any thoughts welcome.

Patsy167 · 03-12-2022 11:07am

Zoom Technologies is trading at a 1yr low. It may be worth taking a small punt on it as a takeover target

ctomas · 04-12-2022 10:32am

Planning on buying some Lending Club shares and some Lemonade shares over the next week or so, probably 2/3s Lending Club to 1/3 lemonade. Both will be small portions overall.

littlevillage · 04-12-2022 10:41am

https://www.boards.ie/discussion/comment/119952097#Comment_119952097

I don't know too much about gaming companies in general, soo can't comment. ATVI is a special case as there's a binding offer on the table for the company.

weemcd · 04-12-2022 12:20pm

https://www.boards.ie/discussion/comment/119955041#Comment_119955041

I've added to my watchlist, thank you

bcklschaps · 05-12-2022 2:28pm

Nice run up in Alibaba over the last Month. $63 to $91 now.

Where is the lad on here that has his life savings invested in them? Hope he had diamond hands and stayed long ?

AnF Chuckie egg · 05-12-2022 8:13pm

https://www.boards.ie/discussion/comment/119959544#Comment_119959544

Most people have lost there shirt with Baba and are heavily under water. I had an average of $160, I doubled down a few months back when it went to $110 and got out when it bounced to $130 with a small loss.

It's no Amazon, any hope of that went when Jack Ma was sidelined, it never will be anything more than a Chinese Government company now for milking profits

weemcd · 05-12-2022 8:30pm

https://www.boards.ie/discussion/comment/119950633#Comment_119950633

This may be of some interest, one might speculate the likelihood of a deal has increased:

https://www.eurogamer.net/ftc-reportedly-softens-stance-on-blocking-microsoft-activision-blizzard-merger

Markus Antonius · 05-12-2022 8:35pm

https://www.boards.ie/discussion/comment/119952213#Comment_119952213

That portfolio is so diverse, Qatari officials may request that you take it down

farmingquestion · 06-12-2022 1:23pm

https://www.boards.ie/discussion/comment/119959544#Comment_119959544

That might have been me. Lost 12k and locked it in. Sold at worst possible time. Was worried about another Russian situation with Taiwan. I panic sold when it was down 15% in a day. I can't stop thinking about it now. I'm sickened.

farmingquestion · 06-12-2022 1:26pm

And currency is **** me over. I'm down 20% now and keep going down despite the rally.

bcklschaps · 06-12-2022 2:52pm

https://www.boards.ie/discussion/comment/119963428#Comment_119963428

Sorry to hear that, farmer. I think the trick with investing is to diversify ... Profits will be less, but losses are limited too.

farmingquestion · 06-12-2022 3:57pm

https://www.boards.ie/discussion/comment/119963923#Comment_119963923

I moved the remains of that into brk.b and even though it's rallied in the last month, USD weakening is sucking the life out of it and every red day hits heavy.

All my portfolio seems to be doing is going down. I need a straight 25% gain to break even now.

robman60 · 07-12-2022 9:08am

https://www.boards.ie/discussion/comment/119964163#Comment_119964163

I mean this in the best way, but if you're going to sell on a 15% down day and feel you've been hit heavy on every red day, you shouldn't invest, at least not in individual stocks.

farmingquestion · 07-12-2022 1:14pm

https://www.boards.ie/discussion/comment/119966345#Comment_119966345

I went through 2 years of down days with BABA.

The taiwan talk had ramped up.

And yes, I'm getting hit hard on red days when USD is weakening. For example USD is down .6% today and BRK.B (where most of my money is) is down .65 pre market.

littlevillage · 07-12-2022 7:45pm

Bad couple of days, but onwards and upwards.

Anybody looking at stocks that might benefit from China relaxing Covid restrictions ? Picked up a couple of shares of Wynn resorts (WYNN) today. (Their single biggest resort is in Chinese controlled Macau)

retalivity · 07-12-2022 7:49pm

The degiro annual reports for 2022 are available, makes for grim reading!

crushproof · 07-12-2022 10:32pm

https://www.boards.ie/discussion/comment/119968774#Comment_119968774

I'll be ignoring that email thank you very much!

Vinnyda · 08-12-2022 8:20pm

Still waiting to get mine, capital gains need to be declared to revenue by the 15 of December I think, hopefully I'll get it in the coming ďays, anyone else waiting to get it??

antimatterx · 08-12-2022 8:31pm

https://www.boards.ie/discussion/comment/119972532#Comment_119972532

Not declared, paid to Revenue.

Shedite27 · 09-12-2022 9:05am

https://www.boards.ie/discussion/comment/119972532#Comment_119972532

Imagine having that problem this year

sonyvision · 09-12-2022 9:57am

Checked my report, good year with one big winner. I'll pay the CGT this morning I am however due a refund from 2021 which I submitted the return in Sept and still waiting the refund. Been told since Oct its pending approval!

All my US holdings are trending downwards with the strength of the USD falling. Annoying but can't have it both ways really.

theboringfox · 09-12-2022 10:30am

https://www.boards.ie/discussion/comment/119972532#Comment_119972532

I got mine from Degiro. I got no email but was just there a few days ago when went in. I just went onto Revenue then to pay CGT which was very straightforward (funny how they make paying so easy!). I hate paying CGT. Need to get bette at managing the sales.

roosterman71 · 09-12-2022 10:53am

What parts of that report do you use to calculate your losses for the year (or gains if it was a good year - 2022 wasn't)

theboringfox · 09-12-2022 11:08am

I just took my total gains and netted off losses. Thats listed at start of report. So say I gained 4k and lost 2k that was net gain of 2k. Then there is allowance of 1270 exempt from gains so there would be 730 taxable gain and I would pay at 33%. I think you might be allowed adjust for tx fees but not material anyway for me. Thats how I approached it. Ill do tax return next year for it. Id no carried losses to adjust off (used up last year!!!)

Vinnyda · 09-12-2022 12:30pm

https://www.boards.ie/discussion/comment/119974282#Comment_119974282

Thanks @ theboringfox, my report still is not in my inbox, I presume you could get it on the app. I went to inbox, then documents, I can see the 2 reports for 2021 and the previous years but 2022 still is not there. I have mailed degiro and hopefully they will compile the report soon.

It makes a change for me to be paying CGT, the last several years I have being down 50 + percent in my portfolio which were mostly aussie lithium miners but held throughout, 2021 saw a nice reversal and I decided to cash out some positions this year.

farmingquestion · 09-12-2022 12:40pm

I think I remember last year someone saying the DeGiro reports weren't 100% accurate.

I just find it easier to track in excel.

Download account statement from DeGiro for selected timeframe.

In one tab I have all my purchased shares I currently still own. In my sales tab I have my sold shares per year. I also have a bought shares per year tab for informational purposes.

Then any shares I've sold, I put these in a "2022 sales" tab with the euro income. Then I get the shares from the "currently owned shares" tab and cut and paste them into the sales tab with the euro cost. Then all I need to do is autosum to get the profit/loss.

10-12-2022 11:57am

I've found Degiro reports accurate.

Interested to hear why someone would say otherwise.

Jonnyc135 · 10-12-2022 12:44pm

Well I'm gone to cash on everything apart for my shares purchased via bonus options that have to be left for 3 years for tax purposes.

I just feel there's just far too many things to go wrong in the overall global economy.

10-12-2022 2:20pm

https://www.boards.ie/discussion/comment/119979179#Comment_119979179

Sell when the market is low?

I can never understand this strategy, but good luck.

cnocbui · 10-12-2022 4:52pm

I invest in the Australian stock market and over the past year, there has been a 2% appreciation against the Euro vs the 7% decline in the Euro vs the US$. Lucky me. My catch a falling knife buy in of BHP has worked out well, with a 22% up swing, made even sweeter by the 12% didvidend.

Share Picks 2022

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