This is one of the shares I bought last year, I researched this company and decided to invest because they were profitable and paid a dividend. I bought in at 23.45p and since then it has been between 21 and 23p. The results are due next week and today the sp has started to move upwards. It is an Israeli company which produces hi-tech telephone systems and its sp dropped considerably last year because it lost a contract with a large mobile phone company. I believe that with good results next week the sp could return towards its levels of 40p/50p that it was at last year.Today it finished at 26p so a good start!
Most of the rest of my shares have been fairly dormant today, although Greencore seems to be making a comeback. I was hoping to buy more at a lower sp but I fear I may have missed the opportunity. Also a share that I sold some time ago, Low and Bonar, is on the move and finished at 57p today. I believe that this may go to £1 this year.We will see!!
Share trading, making profits on the London stock exchange. Frequent items about how my trading is going. Links to useful sites about share trading.
Tracking
Showing posts with label Low and Bonar. Show all posts
Showing posts with label Low and Bonar. Show all posts
Wednesday, 2 February 2011
Thursday, 6 January 2011
I must learn to be smarter!!
With the rest of the money from the sale of my Low and Bonar shares, I topped up my TSTR. I bought some more at 1.03p. Later in the day they moved up and at one point I could have sold them at 1.14p but I didn't as It wasn't that much of a profit. Later when I looked the price had gone down to 1.10p So it is possible that I could have sold and then bought in again on the retrace but I am not that quick or adventurous at the moment. If I had sold and was not able to get back in I would still have a profit, so I must try this at the next opportunity.
My Tangent shares are strange, there is a wide spread and the only people buying them seem to be the directors, which isn't a bad sign. Be nice if they moved a bit more though!
VOG is doing OK, closed at 6.3p yesterday and is hovering around that mark today. We are still waiting for the licence and hopefully that will be soon.
I want to buy some shares on the New York stock exchange so that I can spread my money around the world economies. So if anyone has some low value shares they think are of interest, then let me know.
My Tangent shares are strange, there is a wide spread and the only people buying them seem to be the directors, which isn't a bad sign. Be nice if they moved a bit more though!
VOG is doing OK, closed at 6.3p yesterday and is hovering around that mark today. We are still waiting for the licence and hopefully that will be soon.
I want to buy some shares on the New York stock exchange so that I can spread my money around the world economies. So if anyone has some low value shares they think are of interest, then let me know.
Wednesday, 5 January 2011
Happy New Year
So, whilst the rest of the world was trading on Monday, London was on holiday. Yesterday was pretty boring from my point of view, with only a little movement from Low and Bonar. Today didn't start much better but things began to warm up in the afternoon. At about 4pm Low and Bonar were at 52p and showing me a small profit so I decided that I would sell. Whether that was the right decision only time will tell!
So in the last half hour of the session I was browsing through the LSE site and not particularly interested in buying any more shares straightaway. However, my eyes fell on Porta Comms PTMC which is a newly floated company, formerly TSE Sports Consultants. They were at 0.3p so I decided that I bought put a limit bid in for 300000 shares at 0.29p. With 2 minutes to go, my order still hadn’t been fulfilled, so I cancelled it and placed a market order and got them at 0.292p! I was very pleased and even more pleased that TD Waterhouse had reduced my costs to £8.95.
Apparently some brokers are targeting this share at 1.5p but I would be happy with 0.6p. We will see.
Interesting to note that over the holiday period SRES touched 7p!! Considering I bought SRES at 1p and sold just over 2p, I should be kicking myself but I was pleased with my profit so I don't think I have anything to grumble about. I hope SRES continue to do well but I don't think I will be reinvesting.
Today the other excitement was that VOG were up 15% to 6.3p. That is 50% profit on my original stake and not far from being in profit on my recent top up. Just waiting for the licence and we might make my target of 10p.
So in the last half hour of the session I was browsing through the LSE site and not particularly interested in buying any more shares straightaway. However, my eyes fell on Porta Comms PTMC which is a newly floated company, formerly TSE Sports Consultants. They were at 0.3p so I decided that I bought put a limit bid in for 300000 shares at 0.29p. With 2 minutes to go, my order still hadn’t been fulfilled, so I cancelled it and placed a market order and got them at 0.292p! I was very pleased and even more pleased that TD Waterhouse had reduced my costs to £8.95.
Apparently some brokers are targeting this share at 1.5p but I would be happy with 0.6p. We will see.
Interesting to note that over the holiday period SRES touched 7p!! Considering I bought SRES at 1p and sold just over 2p, I should be kicking myself but I was pleased with my profit so I don't think I have anything to grumble about. I hope SRES continue to do well but I don't think I will be reinvesting.
Today the other excitement was that VOG were up 15% to 6.3p. That is 50% profit on my original stake and not far from being in profit on my recent top up. Just waiting for the licence and we might make my target of 10p.
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