Share Picks 2023

Thargor · 15-03-2023 2:10pm

Futures not looking too healthy now.

antimatterx · 15-03-2023 2:58pm

Sitting at 70% is looking like a nice decision.

bish76 · 15-03-2023 5:35pm

Added some Credit Suisse yesterday @2.50. It's pure gamble at this stage.

Thargor · 15-03-2023 6:59pm

I dont know about that tbh, its the Swiss that will have to step in now and they'll be wanting equity for their "investment".

patsy_mccabe · 15-03-2023 7:19pm

I was going to ask if anyone thought Credit Suisse was worth a punt. Already answered above. I find it very hard to put a value on a bank.

Oafley Jones · 15-03-2023 9:25pm

https://www.boards.ie/discussion/comment/120363022#Comment_120363022

While I agree that it may not the brightest idea, part of thinks that a bank as morally corrupt, lacking in any virtues whatsoever, willing to deal with the biggest **** on the planet without shame, just a bunch of complete and utter ****, is bound to pull through.

Thargor · 15-03-2023 10:03pm

https://www.boards.ie/discussion/comment/120363022#Comment_120363022

Well I should have said I dont have a clue either but the Swiss government is stepping in now anyway. Cant believe we're having this conversation again already tbh.

Great time for me to be buying a house 😑

Snugbugrug28 · 16-03-2023 8:03am

What's the impact of the SNB stepping in?

I bought some CS yesterday at 2.20. Then averaged in a smaller amount at 1.81.

16-03-2023 8:15am

https://www.boards.ie/discussion/comment/120364716#Comment_120364716

They are going to put in $54b. Surely going to take an equity stake or nationalised

littlevillage · 16-03-2023 10:52am

Anyone that bought Credit Suisse yesterday, I applaud your giant liathróidí. Up 30% in Zurich already today after the Swiss Central Bank offered a bail out.

Snugbugrug28 · 16-03-2023 1:25pm

What do we think about First Republic? Looks a good one for the risk takers.

Geuze · 17-03-2023 1:44am

https://www.boards.ie/discussion/comment/120365863#Comment_120365863

https://www.rte.ie/news/business/2023/0316/1363716-first-republic-bank/

America's largest banks have moved to shore up First Republic, easing fears that the regional lender could be the next domino to fall after collapses including Silicon Valley Bank.

Snugbugrug28 · 18-03-2023 9:21am

What would likely happen with Credit Suisse shares if a UBS takeover is announced over the weekend?

Shedite27 · 18-03-2023 10:45am

https://www.boards.ie/discussion/comment/120371976#Comment_120371976

They'll announce an acquisition price (eg "UBS will buy CS at $2 per share"), the share price will then basically freeze at about 5% below that price until the deal is complete. Could be 6-12 months.

Once deal is complete your CS shares will be replaced with the equivalent value of UBS shares. UBS is currently about $20, CS $2, so you'll get one UBS share for every 10 CS share

18-03-2023 11:11am

https://www.boards.ie/discussion/comment/120372099#Comment_120372099

Sounds right. Although the key factor is what will be the discount on the CS share price. I doubt it will be at the even currently low market price.

Snugbugrug28 · 18-03-2023 1:52pm

Thanks. So an effective 'freezing' of the current value of CS shares to be expended against the future value of UBS at the deal close?

If UBS is 20 today but 40 at close I get half as many units?

Shedite27 · 18-03-2023 10:09pm

https://www.boards.ie/discussion/comment/120372543#Comment_120372543

It's whatever the prices is at the time they announce the bid basically. They'll announce something like "CS shareholders get 1 UBS share for every 10 CS shares" and from that point onwards, the CS price will basically just move with the UBS price. If UBS goes up 3% some day, CS price will go up 3% that day.

Snugbugrug28 · 19-03-2023 1:51pm

Not looking good on the CS front but I knew it was risky going in.

'Citing people familiar with the matter, it said an offer was made Sunday morning at 0.25 Swiss francs ($0.27) per Credit Suisse share, well below Friday's closing price of 1.86 Swiss francs and all but wiping out the bank's existing shareholders'

19-03-2023 7:20pm

They are paying $2b for it. Thought there would be a discount alright. Looks to be severe enough.

Shedite27 · 19-03-2023 9:44pm

Looks like 82c per share for CS. Hope those that bought the dip got out quick.

Snugbugrug28 · 19-03-2023 9:46pm

I wonder how it will work in practice. Will I wake up in the morning and my CS shares are frozen/can't be traded? Or do they immediately become UBS.

I know normally it would be 6m down thr line but this is different.

19-03-2023 11:09pm

https://www.boards.ie/discussion/comment/120377449#Comment_120377449

The times is saying valued at 50c per share and transferred into UBS shares.

Shedite27 · 19-03-2023 11:29pm

https://www.boards.ie/discussion/comment/120377449#Comment_120377449

You should be able to sell your CS shares tomorrow, price should be about 78c until the deal is closed. You take ~78c now or 82c when it closes.

massdebater · 20-03-2023 7:10pm

Bought some Microsoft, Google, Apple, and Amazon today after not buying much for nearly a year. Their productivity is sure to increase with all the new AI stuff available, easy to see ChatGPT and the likes replacing a lot of basic human work. Rocky time to be investing in anything at the minute, but I'm more confident in them longer term

Markus Antonius · 27-03-2023 4:35pm

I wonder how Scottish independence would effect the value of the sterling. Looking at the election in scotland at the moment, an SNP party win could see some short term effect on the sterling price, I would imagine it decreasing in value if a nationalist candidate gets in.

Just made me wonder what would happen if Scotland did have another independence vote that passed. Would they turn in all their sterling and join the euro? Hard to know what would happen.

patsy_mccabe · 31-03-2023 11:03pm

Some rally in recent days.

Ekerot · 06-04-2023 1:51pm

BBBYBros... The clock is ticking.

Thargor · 06-04-2023 8:20pm

https://www.boards.ie/discussion/comment/120447773#Comment_120447773

Jaysus 99% down in a year, the WSB lads weren't even hiding their pump and dump plans with this one.

06-04-2023 9:35pm

https://www.boards.ie/discussion/comment/120449359#Comment_120449359

We saved a guy a fortune on this, convinced him to sell in the $6s if I remember correctly. Could have been wiped out.

Layne · 17-04-2023 2:14pm

I see there is speculation that Samsung will use Microsoft Bing instead of Google Chrome as the default browser on their new mobile phones. No smoke without fire?? Would be a big hit even for a company of Google's size to take. Was ready to pull the trigger on Alphabet share purchase but this could be a gamechanger...

patsy_mccabe · 21-04-2023 10:22pm

....

Thargor · 23-04-2023 4:40pm

Bed Bath Beyond Bankrupt, all the smart money wiped out:

https://edition.cnn.com/2023/04/23/business/bed-bath-beyond-bankruptcy/index.html

Surprised_pikachu.jpg

littlevillage · 26-04-2023 11:41am

The markets have been a big fat nothing burger. (0.5% up, 0.5% down etc. ) ... for the last few weeks... except yesterday (and maybe today) where we seen a bit of a dash for the exit doors. Will be watching closely this afternoon

crushproof · 26-04-2023 2:56pm

https://www.boards.ie/discussion/comment/120505812#Comment_120505812

We've all switched to cash! The great individual investor boom is over it seems.

littlevillage · 27-04-2023 3:18pm

Thanks to the poster who gave the tip for Meta back a few months ago when it was about $165. (it had fallen from over $300). I didn't immediately load up until I felt it had definitely bottomed (got in around $180 eventually). Still a nice 33% profit in the bag as of today's SP $240

AnF Chuckie egg · 10-05-2023 9:37pm

CRISPR Therapeutics on the rise lately, better than expected results plus the announcement of CTX112, CTX131 and CTX310 immuno-oncology pipeline assets are to be moved to the next phase of Clinical trials. This is heading north of $100 and could see anything up to and above $500 over the next 24 months with successful clinicals. (Provided they don't get bought out in the meantime)

cnocbui · 11-05-2023 8:05am

https://www.boards.ie/discussion/comment/120523458#Comment_120523458

I haven't, in fact I recently bought into a big sell off of Macquarie Group and increased my holdings. The price has since recovered and the latest buys are now in the black. Also bought some Bank of Queensland and Incitec Pivot. The former is in the red but, is paying a didvidend which softens the blow, while the latter is in the green.

Shedite27 · 11-05-2023 9:09am

Yeah I'm still fully invested, long term investors ride the dips and don't try to time the market

atahuapla · 11-05-2023 9:29am

https://www.boards.ie/discussion/comment/120581020#Comment_120581020

Undoubtedly a field that will change humanity and the human race, literally, once the ground rules are agreed upon but which horse to back is the real question for me.

There's a few in the space all working on similar things; EDIT, CRSP, NTLA, VERV, CRBU.

bcklschaps · 11-05-2023 9:35am

I have about 1% of my investment portfolio in cash (I like to keep a little dry powder incase some downright belter of an opportunity comes along)... but the rest is in shares and funds. My portfolio hasn't really moved in overall value this year, but I am raking in some pretty handsome dividends, soo that in effect would be the opportunity cost of being in all cash.

dickface · 11-05-2023 7:36pm

https://www.boards.ie/discussion/comment/120581995#Comment_120581995

I would not consider 1% like a little dry powder, more like a few specs of dust...

Thargor · 11-05-2023 9:06pm

This time last year I was 50% cash but PLS has grown so big for me its basically 80% of my PF now with 10% other holdings and 10% cash.

jams100 · 11-05-2023 10:21pm

Checkpoint software technologies is a good value play on the cyber security sector. (Ticker CHKP). ($14 Billion market cap so a relatively small fish in a big pond).

Zero Debt and buying back approx $1 billion worth of shares per year on average over the past 3 or 4 years. Long term hold for myself.

Finally ripped the cord on GAN today, one of my worst investments. Harsh lesson learned!

bcklschaps · 12-05-2023 12:22am

https://www.boards.ie/discussion/comment/120584602#Comment_120584602

Depends on the overall size of the portfolio, I suppose 🤷‍♂️

bcklschaps · 12-05-2023 12:30am

Anybody having a look at Disney as a buy after it's poorly received results today?

tesla_newbie · 12-05-2023 9:33am

https://www.boards.ie/discussion/comment/120585920#Comment_120585920

Good God No , it’s gone nowhere since 2015

avoid , major problems , another 20% drop possible if overall market corrects over summer

its a reasonable trade next week as it’s sold off so hard but not a buy and hold ( yet ) , long ( very long) term Disney will be fine

atahuapla · 12-05-2023 11:10am

https://www.boards.ie/discussion/comment/120585920#Comment_120585920

https://www.boards.ie/discussion/comment/120586381#Comment_120586381

I'd take the bull case here.

Bob Iger back in the drivers seat after the Chapek mistake.
Low market cap
Enormous and diverse IP. Compare a Netflix which has a similar MC. Disney is a competitor yet Disney+ probably makes up about 1% of Disneys assets.
COVID no longer effecting physical experiences like parks, cruises and cinema.
Most of their moat is recession proof.

I think $92 is a bargain for a long term hold.

tesla_newbie · 12-05-2023 12:00pm

https://www.boards.ie/discussion/comment/120586696#Comment_120586696

Iger has utterly failed to inject confidence in the market , all those obvious strengths already existed but the market is looking for more

Disney currently has a “ Bud light “ type image and wall st senses that middle America doesn’t like the taste

patsy_mccabe · 13-05-2023 5:09pm

What do people think of Adobe (ADBE). I've been sitting on the fence a while with it. Currently at 20x Free Cash Flow with an ROI of 27%. Sales increasing about 20% year on year.

Layne · 13-05-2023 11:09pm

Have been watching Adobe too. Recent collaboration with Google should be fruit going forward. Have a price target of $330 before I dip my toes.

Share Picks 2023

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