A surprisingly strong market continues...


A surprisingly strong market continues!

First half of June normally isn't that great but the market sails on ignoring any bad news and lapping up the good!

The US economy looks good for now with rates rising while the European continues to stagnate.

Note how well proper tax cut work. That can't happen here as we have the class war politics.

Anyway I carry on my merry way trying to find good stuff whatever the main market is up to.

The last three weeks have been excellent for me personally with lots of very strong gainers. A big surprise for June.

Onto some buys and sells from me.

I bought some Tritax Big Box (LON:BBOX) - it has property assets and lets those out to some very big names.

You wouldn't expect massive gains quickly here but over the long-term this looks like a fantastic investment which a brilliant management team. You get a very nice income for the shares which are low-risk (well as low risk as you can get in a marketplace)

I've already held some of these for quite some time and seen some nice capital growth as well as the payouts and this one is the cornerstone of my sipp.

Institutions love this share and stumped up £155m in a placing recently. This money will help BBox to buy up more assets. A nice safe one (ish!) in an uncertain world! Some people like shares which might go down 50pc overnight. They won't like this one (thank goodness).

Today spin off Tritax Eurobox says it will float on the London Market shortly - I'm in!

I've added more Alliance Pharma (LON:APH). Now one of my biggest holdings I have now nearly doubled on it but I think there is more to come with hopefully the end game a takeover at 150 plus.

It got a major boost a few days ago saying one of its major drugs Diclectin got a positive opinion and regulatory application is now approvable.

This has now helped push the share price to the 100p area. It's always hard to get through a whole number but once through, 110p hoves into view.

I moaned about Entertainment One (LON:ETO) shares last time but now they are on a real roll, breaking out fast and I bought some more.

A long-time bid target for me I remain hopeful of a bid here. Peppa Pig amusement places are going to be popping up everywhere, its library valuation keeps going up and broadcasters are very keen on content.

The share price keeps pushing up so the market appears to be in the middle of a share price re-rate. More to come?

I've bought some of GVC (LON:GVC) - the gambling group.

Relaxation of gambling rules across the USA should bring big rewards for this group as well as other betting companies.

Amazing to think the US has been so reluctant to allow gambling. Of course it will all take time but the market looks forwards and should continue to re-rate GVC shares upwards. 

Car tester AB dynamics (LON:ABDP) I've been in for a while and I added there too. Today it announced its first order for an advanced vehicle driving simulator.

Another step to what could be a fantastic future here.

I was surprised to see Dty fall on what was already well-known to the market so rather than doing my usual thing of selling I lobbed in for some more. The bad news seems to be priced in. However I will be out of both quick if there are any signs of further weakness.

I sold Vanl for a decent profit. Shares often have trouble getting through whole nos, in this case a quid and there seemed no momentum to get through for some time.

I needed the money for other things and given that, it was the one to be sacrificed. Phtm had to be sold. The weak and falling share price and lots of sellers told its own story which was followed by a profits warning and so it went for a loss. Its laundry business might be its saviour together with a cash pile so one to watch. Wary for now.

Time to cash in on the short of Pets. It has been a fab short, shares falling way beyond what I thought, and they look fair value now so it is time to bank the profit! (£1,750)

Superdry trade started well but it started to fall. I was only after a quick bounce so I sold the spreadbet for a small profit.

k3C issued a strong trading statement - good news is FCA authorisation for its KBS capital markets. Looks like one which should continue to grow over time and look a super isa tuckaway. 

The market was a tad "meh" to Iomart's results - but the slight decrease in price could be a buying chance as profits still rise well and this would be the time for a bidder to get cracking!

Recent buy H&T cracks on nicely - not so displeased now I had to pay full price for the shares. Avon Rubber (LON:AVON) just keeps bouncing higher.

ITV is on the march - amazing viewing figures for "Love Island" helping and the world cup starts today. Sopheon made a brilliant statement which sees the share head back up towards a tenner. The incredible Safecharge is getting re-rated and 400p looks a reasonable short-term target.

Legal firm Rosenblatt has had a great start. I reckon patience will really pay off on this one as one of the first legal "disrupters".

Amino (LON:AMO) - is an entertainment tech solutions provider.

It is these kinds of companies that should flourish in the next few years and I have added some to the sipp.

It has a very strong order book with 40pc more orders than in the first half of last year.

I also like its recurring revenue model. And it has won a decent order from the top Dutch cable operator.

It has a ton of net cash and reports in July 17th. I'll be adding more if I see the share price start to rise ahead of that.

If it doesn't or falls, I might need a re-think!

I did buy some NWF (LON:NWF) today for the sipp.

NWF's report was really excellent and it is worth much more than the percentage increase in the shares already today.

It is now trading on a too low multiple given we know results are going to be well ahead. Perhaps once published the shares will get a really decent re-rate.

Usually shares go a lot higher than this on such bullish statements. So more to come I think.

And finally I added a big dollop of Amazon. Let's face it however much we dislike it, it's only going to get bigger and bigger. I suspect I will now hold it for a few years.


Onto the world cup. I've done a couple of bets on the spreads.

I've backed Brazil (a bit obvious) (around 5-1) and Uruguay ( not so obvious). (Around 33-1). And a smidge on France.

It amazed me how many decent players Uruguay have and they look underpriced.

I've used Sporting Index for my bets. I think spreadbetting is far superior to fixed as you still get paid out even if teams aren't in the first two.

Backing them on the spreads means I don't need them to win. If Brazil do reasonably well I'll make a few quid. If Uruguay do well I'll make a fortune for example.

Here's how it works. Uruguay at the mo is 24 to buy.

Comp winner gets 100 points, second, 75, semi final losers 50. Quarter final losers 25. Last 16 10, rest 0.

So let's say Uruguay wins. and I bet £10 a point,. I would win 100 points minus 24 = 76 times ten so win = £760.

!If it got to the quarter final I would make a tenner! (At least no loss)

If Uruguay get nowhere I would lose £240. (24 times my stake)

Or you could bet on a team to do badly. For that you would "sell".

It is the same principle really as financial spreadbetting. You can also spreadbet on individual games and lots of different markets from the number of yellow cards to the number of goals!

It is great fun. Obviously for entertainment only and expect to lose, after all it is sports betting! I find a bit of a spreadbet make a game or two a bit more fun.

Obviously watch your stakes with spreadbetting, figure out whatyour total loss could be if the bet goes wrong and whether the fun is affordable for you.

Good news is Sporting index is doing referrals for the world cup.

I can get you £150 to play with in your account if you sign up via me. I would also get £100.

First ten people only is allowed for referrals and it is for new clients to sporting only.

Just send me your email address and I will refer ! If you have a bet in the world cup good luck !!

Send your email address to me at [email protected] "world cup referral" in the subject line.

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