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Robbie has been trading full-time since 2001. His book The Naked Trader has become one of the biggest-selling finance books, reaching the top 150 books on Amazon. Trades made and published by Robbie’s have amassed profits over £600,000. You can read about his buys and sells daily on Proactive Investors.
Naked Trader - Mission Marketing looks like a share with decent upsideNovember 12 2014, 5:40pm
Here's a tale of two issues.
Charles Dickens missed that title somehow.
I examined both new issues carefully.
It didn't take long for me to figure out I really wanted to buy one but definitely not the other one. They both make roughly the same amount of profit but one has floated at way higher a price than the other.
Definitely not: Fever Tree.
I was disappointed. The company makes brilliant upmarket soft drinks. They do an amazing tonic water.
I wanted to buy shares some but....
Fever Tree made profits of £5.8m last year. It's valued at £190m at 170p. That's way at the top of the tree of a valuation for me. After all that's over 30 x profits.
Now it's a great little company and the next profits will be higher than that but I think unlikely to be enough to merit the current value.
Valued at 54m at 116p now 67m at 147p.
Now that is more like it. Floated at under 12x profit. I wish I had been in at the float price but I ended up buying quite a few at 138.8 and tucked some more away around the price as I write about 147.
QTX looks to have plenty of growth potential and I liked the way all its financial figures were in the float document. It has a small net debt but profits and revenue have risen nicely every year over the last 3.
So, I have bought QTX and ignored FEVR. I've bought Quartix then on a one year view, maybe longer targetting a 50-100% increase. Patience should pay off with this one.
I do love doing seminars as trades always come up I would never have found at home due to laziness.
One example is Amino Tech (LON:AMO) bought after the seminar at 105.
This software tester seems in a good space and just won a good contract.
On an undemanding rating and with tons of cash and could have another nice run up in price given a good market.
The price of AMO is quite volatile so buying on weakness looks the best bet and I'm hoping for a price fall to bag a few more. Looks a bit weak today so might be a good time.
Mission Marketing (LON:TMMG) looks like a share with plenty of decent upside to come, I'm reckoning there is 25% upside to be had.
It's buying up other companies it its space, which should gradually enhance earnings and it looks very cheap.
Its statements are bullish and it easily raised last month another 2.5 to spend on acquisitions. Looks like some good management here so a confident buy for me, the trade made live in Mission at the seminar last week.
I did spreadbets on both those small shares too, making one live at the seminar using here:
This company has a huge range of smaller shares and you can for example trade both AMO and TMMG with them. You can open an account really fast online usually.
As most of you know I like averaging up, that is buying more of a company that I am already in a good profit on.
So I've topped up in two.
I loved the statement from Spire Healthcare (LON:SPI) and topped up heavily in my ISA and in spreadbets. Put it this way, personally I now have about 50 grands worth.
It got its contract renewal with BUPA and now has 39 hospitals across the country. I know people who have used Spire and are impressed.
I certainly expect to use them if I need any treatment in the future.
I'm thinking of holding for 2-4 months for the spreadbets and longer-term for the ISA and already several thousand in profit from my original buy.
My other top up is in Sprue Aegis (LON:SPRP) - As I mentioned when I bought this lower recently it looks like a lovely company in a growing area.
A read of its recent results makes for very good reading as it expects to beat market expectations on good growth, the type of share any investor should be in.
One I suspect I shall hold for some time to come.
I made a mistake by shorting Marks and Sparks (LON:MKS) just before its trading statement managing to lose around £500 - however it was a spreadbet and I had a guaranteed stop on it. I don't use GStops much but it is worth it if you are having a trade just before a statement. They don't let you put GS too close to the price, usually it has to be at least 5% away hence my loss.
However I think Marks and Sparks rise has been overdone and back in with a short at 474. No GS needed now, and hoping my £500 will be returned. A reminder what I said in my book: "Never try to get revenge from a share that lost you money". Hey, who are you calling a hypocrite?
Nothing major to report really on the selling front.
But I've sold long-termer Costain at last to bank a total profit of £4,221. It's been a goodie but it always struggles when it nears 300 so it seems a good point to say thanks and goodbye!
A few have reported. I'll start with the best first and that is my long-term holding in BTG Group.
A fantastic report today. Well ahead of forecast and expects to hit the top end of revenue guidance. What more can an investor want?
In profit by over £30,000 for the site now and a lot more personally. Take profit? No, sir. More to come. Patience pays. In fact as I write pondering buying some more!
Servelec (LON:SERV) also came up with a nice report. It can't quite manage to get up to the 300 mark but it should do with some patience.
Energy Assets (LON:EAS) came up with a decent statement too, profits nicely higher on better recurring revenue and looks one to sit tight with despite some good recent rises.
Tristel also made a statement that its wipes went well in a study and that helped push the price up a bit.
Recent buys haven't done too badly. I wasn't barking up the wrong tree with Pets at Home (LON:PETS) which is trying to hold above 200, looking for a push up to 220 ish. Iomart has gone above 200 again and Regeneris is looking strong.
GVC (LON:GVC) continues to be a lovely share. Super profits but the dividends are simply amazing and I got a nice juicy payout of nearly £2,000 last week.
Iomart (LON:IOM) is holding well over 200 again. Pressure has risen very nicely over 700p now and really motoring. Wish I hadn't sold half and looking to buy back!
OPG is booming, it's run right over the 100p - if it can break the 110p area then a reasonable target looks to be 150.
GB Group (LON:GB.) where I have made a fortune (£12,000 profit for the site so far) I'm now hoping for a bid to take it out in the 200 area.
Nothing can seem to stop Renew, and that has bust nicely through 300p since my last update. what an amazing share that's turned out to be, nicely doubled and more.