Penny Shares

[saint_stevo]

Ever dabbled?

[Draino76]

I imagine a few on here invested in that 'Southampton Leisure Holdings' PLC.

[Hatch]

Me and a friend bought about £2000 worth in some internet company during the dot.com boom.

 

Now worth about £75.

 

That was after a 'hot tip' from someone on the inside .

[tommi]

Don't do it. Penny shares are penny shares for one reason only - if they are worth their true value they can't be bought/sold (i.e nothing)

 

Penny shares have not made many people rich, even the best traders, anyone who claims they have is either very lucky or a brilliant liar.

[Suhari]

KAH...bought at 43p, now trading at £1.80. Expected to go to c£2.30.

 

EML..bought at 5.5p, now at 6.9p.

 

PCI...bought at 8p, now at 14p. Mid term target is 30p.

 

ABH...bought at 0.4p, sold at 0.51p. Then crashed to 0.26p if memory serves. Now up to 0.4p again. Might go back in.

 

Will cash in on KAH when it reaches target price and look for a new home for the millions (!)

 

Definitely money to be made on the smaller companies if you research carefully and weigh up the risks.

[Wiltshire Saint]

You are a brilliant liar.

[tpbury]

It's true - she was a lovely girl.

[Chez]

bought EEN for 4p about ten years ago and sold them recently for 670p. Unfotunately they consolidated the shares a few years back so I only made 2.7p share not 666p, but a profit is a profit.

 

**** load of risk on penny shares. For a while EEN were 0.25p a share as things went belly up with an explosion at one of their wells. If you are going to dabble try not to get too greedy and do a lot of research. Don't believe allt he posts on forums, because very often there is a lot of hype to help get the price up but by the time you have bought in the real money men are starting to look to sell.

[Suhari]

bought EEN for 4p about ten years ago and sold them recently for 670p. Unfotunately they consolidated the shares a few years back so I only made 2.7p share not 666p, but a profit is a profit.

 

**** load of risk on penny shares. For a while EEN were 0.25p a share as things went belly up with an explosion at one of their wells. If you are going to dabble try not to get too greedy and do a lot of research. Don't believe allt he posts on forums, because very often there is a lot of hype to help get the price up but by the time you have bought in the real money men are starting to look to sell.[/QUOTE]

 

Very true. I got caught out badly via 'advice' on the iii boards about a year ago. Lost £1,900 on AFE in one trading day. Believed the forum hype and piled in with money I did not have; was the victim of a 'pump and dump'.

 

Never again.

 

My KAH holding accounts for 85% of my portfolio, which is far to high and moderately risky. Hence I watch it like a hawk.

 

Good fun though. And the returns I have made FAR outweigh what I would have got from bank interest.

Edited 21 January, 2010 by Suhari

[sunrise]

Penny shares - do not touch with a barge pole, they are often illiquid with very few trades a day unless there is news(usually bad). Some may double, triple or quadruple in value etc etc, but these are far and few between.

 

They may seem cheap but when you add up the commission for trading on top, it doesn't seem too much of a bargain.

 

Suhari - if you're too concerned about KAH then have you thought of selling half of your holding?

[Suhari]

Penny shares - do not touch with a barge pole, they are often illiquid with very few trades a day unless there is news(usually bad). Some may double, triple or quadruple in value etc etc, but these are far and few between.

 

They may seem cheap but when you add up the commission for trading on top, it doesn't seem too much of a bargain.

 

Suhari - if you're too concerned about KAH then have you thought of selling half of your holding?[/QUOTE]

 

Not massively concerned...enough to watch carefully but not enough to sell as yet.

 

My plan was to sell half at £2.00 (it hit £2.10 about 3 months ago) - but stayed in because there is still a lot of upside.

 

One of the biggest Uranium fields ever discovered, and the news just keeps getting better. Expectation of takeover in next few months.

 

Main risk is worldwide oversupply on Uranium, but given the Chinese plans to build stacks of power stations in the coming few years, and their lack of state owned Uranium mines, things look good.

 

Though I accept that greed might be playing a part in my decision making!

[Made in Southampton]

Suhrai - you come across as someone who knows what they're talking about. I've traded for some years in spread betting. Made quite a substancial amount of money before stopping trading when things got a bit hairy with lehmans etc.

 

I invested some of that money in Fortune Oil (FTO). Bought at an average of 5p and are now trading at 7.25p. Do you know much about them? They seem a good company involved in gas infustructure and exploration in china.

 

What do you think their future prospects are?

[Johnny Bognor]

Suhrai - you come across as someone who knows what they're talking about. I've traded for some years in spread betting. Made quite a substancial amount of money before stopping trading when things got a bit hairy with lehmans etc.

 

I invested some of that money in Fortune Oil (FTO). Bought at an average of 5p and are now trading at 7.25p. Do you know much about them? They seem a good company involved in gas infustructure and exploration in china.

 

What do you think their future prospects are?

 

 

I've held fortune oil for over 15 years. Got scammed into buying them at 5p in 1995, they shot up to 11p (within a week) and plunged to 2p a week later. As they were pretty worthless for years, it wasn't worth selling. After 2000 they moved very slowly up to 5p (about three years ago) and have been steady ever since (although they nearly touched 10p for a short while). Factor in inflation and costs of purchase, I'm still down.

 

The only comfort factor is that the Chinese economy is growing and hence demand for oil will also rise, therefore in the long term it could be a good prospect.

 

That's my view and my only dabbling in penny shares.

Edited 21 January, 2010 by Johnny Bognor

[hamster]

What do you good people feel will be the next 'boom' market.

 

I don;t intend geting involved just curious as we have a handful of knowledgeables om here.

 

imho I reckon that ISP's who can deliver ultra fast speeds on the go will lead the way. We have not even scratched the surface of the potential for mobile technology.

[Johnny Bognor]

What do you good people feel will be the next 'boom' market.

 

I don;t intend geting involved just curious as we have a handful of knowledgeables om here.

 

imho I reckon that ISP's who can deliver ultra fast speeds on the go will lead the way. We have not even scratched the surface of the potential for mobile technology.

 

Technology is a tricky one as I think the biggest gains were made with the growth of the Microsoft's and Oracle's of this world through the 80's and 90's. I don't know what the next big things are and although I take your point about ISP's, hardware and infrastructure have not performed as well as software and applications. All the techies are now talking about slates / tablets (the next gen laptop), but until the killer application comes out, no-one is going to buy one. To make a serious gain, you are going to have to predict the next killer application.

 

I have no inside knowledge whatsoever, but with a growing world population and an insatiable demand for energy (coupled with security of supply issues) resources will come seriously under pressure. If we forget the climate change debate for a minute, I think there will be a move into renewable sources as it just makes sense - unlimited energy sources has got to be the way to go. Therefore, investment in oil and gas for the short to medium term and renewables for the longer term must yield dividends.

 

Disclaimer: I am not FSA registered and this is merely the opinion of some bloke off the internet who pupports to come from Bognor, but has never actually lived there....read into that what you will

[View From The Top]

Capitalist pigs.

[Johnny Bognor]

Capitalist pigs.

 

Well someone's got to create some wealth to keep you in work

[hamster]

in reply to Johhny(not necesarily) Bognor.

 

Whilst we focus is on renewable energies and more efficient fuel cells, do you not think that traditional carbon fuels will soar in value and cost. I don't mean the cost of finding and turning it into energy that we use in ou factories, homes and transport, I mean the cost to us the consumer, I also consider governments to be consumers.

 

When the time comes whether it be actual or just scare stories that we are fed and the reserves are really in short supply, I reckon that petrochem companies will really have us over an barrel (pardon the pun).

 

I tend to move between not giving a toss and being hard core cynic, but at the end of the day, if you are thre man with the last oil well or gas field you are King. And the king sets the taxes.

[hamster]

Well someone's got to create some wealth to keep you in work

 

I refuse to believe that you actually believe that JB. You know full well that we are all just pawns in a global game of chess.

[Gemmel]

The Saas companies will deliver the next .com boom but it will be very different as the models are completely different and built on re-occuring revenue. It wont be as stupid as the last one and the gains wont be as big or indeed the losses. It will be about picking the winners when the markets consolidate from 10 players to 3 or 4 in any given market sector.

[Johnny Bognor]

in reply to Johhny(not necesarily) Bognor.

 

 

 

Whilst we focus is on renewable energies and more efficient fuel cells, do you not think that traditional carbon fuels will soar in value and cost. I don't mean the cost of finding and turning it into energy that we use in ou factories, homes and transport, I mean the cost to us the consumer, I also consider governments to be consumers.

 

When the time comes whether it be actual or just scare stories that we are fed and the reserves are really in short supply, I reckon that petrochem companies will really have us over an barrel (pardon the pun).

 

I tend to move between not giving a toss and being hard core cynic, but at the end of the day, if you are thre man with the last oil well or gas field you are King. And the king sets the taxes.

 

That is why I would say Oil and Gas in the medium to short term, but once a critical point is reached the switch to renewals will accelerate and the man with the last oil well will not be able to sell a bean....I suppose he could convert it into a museum.

 

I refuse to believe that you actually believe that JB. You know full well that we are all just pawns in a global game of chess.

 

I can't submit to that theory, because if I do, then what is the point in carrying on....where's my motivation going to come from? I may as well throw in the towel, jump on the bus and see where it takes me (and get a job in the public sector).

 

It is possible to change the world. Take Bill Gates, 35 years ago he was totally anonomous. In that time he has changed the way we work and live. Everyone (in the Western world) is touched daily by his software and his contribution to the technical advancement of man. He was not part of the establishment or one of 'them' (i.e. those that control the chess pieces), but I bet your bottom dollar, 'they' rely more on his software than we could possibly imagine. Branson is another good example where he took on the big guy (BA) and was anti-establishment (in a business sense) and fought to create Virgin (despite BA's efforts to put him out of business) and has knocked a few chess pieces over in the process.

 

You have to believe that you can change the world, or a very small part of it, otherwise there really is no point in setting the alarm clock tomorrow morning. Actually, I don't like calling it an alarm clock... I call it the opportunity clock, because when it rings, there is another day and another chance to make things better.

Edited 21 January, 2010 by Johnny Bognor

[hamster]

/\

Thing is Johnny one has to decide on which board one is playing imho.

 

In the global game we are most definitely pawns, maybe we might come across the odd knight who moves awkwardly through the battlefiled but who by the same token can't get near to the king without going it alone and getting taken, ultimatle y the knight is there to put himself in the firing line.

 

we have the bishops (replace with any religious leaders) who can get in and out of the danger zone fairly quickly, they come out and start fights but tend to retreat pretty sharpish when the going gets tough.

 

we have the rooks (property types or perhapos one could see them as the Masons) who stand tall and are no nonsense, don;t **** with me types, I'd say the rooks are the land owners.

 

If mere mortals such a sus get within one step of the real power holders we get killed, end of.

 

If you play your game on a local level you can play as any piece you wish, you can be the king of your own little kingdom and you can build your own little castle, you can even if you so desire be a raving queen.

 

I'm most definitely a (public sevtor) pawn, but I will say this, I may move slowly, but I move very carefully nowadays and hopefully will stay in the game a while longer.

[TopGun]

Technology is a tricky one as I think the biggest gains were made with the growth of the Microsoft's and Oracle's of this world through the 80's and 90's. I don't know what the next big things are and although I take your point about ISP's, hardware and infrastructure have not performed as well as software and applications. All the techies are now talking about slates / tablets (the next gen laptop), but until the killer application comes out, no-one is going to buy one. To make a serious gain, you are going to have to predict the next killer application.

 

I have no inside knowledge whatsoever, but with a growing world population and an insatiable demand for energy (coupled with security of supply issues) resources will come seriously under pressure. If we forget the climate change debate for a minute, I think there will be a move into renewable sources as it just makes sense - unlimited energy sources has got to be the way to go. Therefore, investment in oil and gas for the short to medium term and renewables for the longer term must yield dividends.

 

Disclaimer: I am not FSA registered and this is merely the opinion of some bloke off the internet who pupports to come from Bognor, but has never actually lived there....read into that what you will

 

I work in energy and concur with JB. Even if all else goes to rat**** we don't want to be living with candles. I think long term renewables is a good bet provided govt subsidies remain and are increased to incentivise green energy firms.

 

Government policy dictates that most energy suppliers will have to buy an increasing large element of their wholesale electricity from renewable generators so they are a good bet.

 

Alternatively, stick with good old fashioned fossil fuel companies that are pure domestic generators rather than suppliers and they are likely to do well also... e.g. my favourite Drax who will always supply an energy spot market gap on tap and have good forward sales contracts anyway. They have to buy coal from abroad but have solid infrastructure reliability to sell on to suppliers when they are gasping for power to sell to the retail market in lean market times like a cold winter.

 

Either way, it's probably a good two horse winner race for investors (in a non Kippie tip sense :-) ) as we can never have enough energy and if the UK makes a surplus via renewables etc in the future we can sell it via a future super grid to other EU countries that have less energy generation capability.

Edited 22 January, 2010 by TopGun

[Johnny Bognor]

/\

Thing is Johnny one has to decide on which board one is playing imho.

 

In the global game we are most definitely pawns, maybe we might come across the odd knight who moves awkwardly through the battlefiled but who by the same token can't get near to the king without going it alone and getting taken, ultimatle y the knight is there to put himself in the firing line.

 

we have the bishops (replace with any religious leaders) who can get in and out of the danger zone fairly quickly, they come out and start fights but tend to retreat pretty sharpish when the going gets tough.

 

we have the rooks (property types or perhapos one could see them as the Masons) who stand tall and are no nonsense, don;t **** with me types, I'd say the rooks are the land owners.

 

If mere mortals such a sus get within one step of the real power holders we get killed, end of.

 

If you play your game on a local level you can play as any piece you wish, you can be the king of your own little kingdom and you can build your own little castle, you can even if you so desire be a raving queen.

 

I'm most definitely a (public sevtor) pawn, but I will say this, I may move slowly, but I move very carefully nowadays and hopefully will stay in the game a while longer.

 

 

I can see your analogy, but I prefer this one (as in a global game of chess, the odds against are overwhelming).

 

Just 300 Spartans held off an army rumoured to be in the millions at the Battle of Thermopylae. OK, they were all killed in the end, but they held off the Persians for 7 days. You can throw in the towel, or you can stand and fight and possibly change the course of history.

 

We may all be pawns on a global scale, but pawns don't have to stay pawns forever..... believe!

Edited 22 January, 2010 by Johnny Bognor

[Johnny Bognor]

I work in energy and concur with JB. Even if all else goes to rat**** we don't want to be living with candles. I think long term renewables is a good bet provided govt subsidies remain and are increased to incentivise green energy firms.

 

Government policy dictates that most energy suppliers will have to buy an increasing large element of their wholesale electricity from renewable generators so they are a good bet.

 

Alternatively, stick with good old fashioned fossil fuel companies that are pure domestic generators rather than suppliers and they are likely to do well also... e.g. my favourite Drax who will always supply an energy spot market gap on tap and have good forward sales contracts anyway. They have to buy coal from abroad but have solid infrastructure reliability to sell on to suppliers when they are gasping for power to sell to the retail market in lean market times like a cold winter.

 

Either way, it's probably a good two horse winner race for investors (in a non Kippie tip sense :-) ) as we can never have enough energy and if the UK makes a surplus via renewables etc in the future we can sell it via a future super grid to other EU countries that have less energy generation capability.

 

What's more, is that we have an abundance of wind and wave energy. Swtizerland will never be able to harness wave power. I really believe in renewables (and actually applaud Mr Brown - for once- with his desire to invest in this area going forward) and I am not necessarily a climate change believer.

[TopGun]

What's more, is that we have an abundance of wind and wave energy. Swtizerland will never be able to harness wave power. I really believe in renewables (and actually applaud Mr Brown - for once- with his desire to invest in this area going forward) and I am not necessarily a climate change believer.

 

The ability to harness nature's power via wind (or, in the future, commercial tidal or wave) has no correlation with climate change scientology. If it is there for the UK to take, and it means that we have better energy security and can trade energy, let's do it!

[hamster]

I can see your analogy, but I prefer this one (as in a global game of chess, the odds against are overwhelming).

 

Just 300 Spartans held off an army rumoured to be in the millions at the Battle of Thermopylae. OK, they were all killed in the end, but they held off the Persians for 7 days. You can throw in the towel, or you can stand and fight and possibly change the course of history.

 

We may all be pawns on a global scale, but pawns don't have to stay pawns forever..... believe!

 

That's abloody long way from Westhampnett though isnt it?

 

Anyway, that is a great analogy JB. What you are basically saying is if you are going to enter the battlefield you are destined to die young.

 

Who do you see as your enemies anyway Johnny? I can assure you it is not me and my public colleagues, well not all of them.

[View From The Top]

Well someone's got to create some wealth to keep you in work

 

Work harder then as I've just had a pay rise and need some schmuck to fund it.

[saint_stevo]

If you had a £1000 to invest into some penny shares, where would you put it?

[Nineteen Canteen]

It's true - she was a lovely girl.

 

Polly Peck delivered the good times.

 

The only way to make serious money is back your own judgement and go against the crowd. Don't need penny shares for that and thanks to alltalk Obama I would suggest to continue investment in selective banks.

[Nineteen Canteen]

If you had a £1000 to invest into some penny shares, where would you put it?

 

Barclays Bank and invest today whilst the market sells blindly like sheep on the Obama reforms talk. 269p hardly a penny share but I reckon in 6 months you could see a 30% return. If you want to live dangerously, buy into RBS at 33p. They have a very high profile major shareholder who will do all they can to protect their own investment and ergo yours to. Again buy sooner rather than later and when you can sell half your holding to recover your original investment do so and let the rest run on a bet to nothing realising profits incrementally or in whole as you feel comfortable but always without hesitation.

 

Good luck and remember investments can go up as well as down and if we put this egg in your mouth .........

[CB Saint]

Pharmaceuticals - They are bound to engineer another pandemic scare next year

[Crab Lungs]

I've got the name of two companies who are pioneering hair regrowth, which essentially render hair transplants and hair regrowth medication pointless in a few years time.

 

Initial tests have proved that they're onto something, so I'm tempted to put my money into them before it all becomes 'public' knowledge if you like.

 

Any, erm, opinions?

[Son of Bob]

I've got the name of two companies who are pioneering hair regrowth, which essentially render hair transplants and hair regrowth medication pointless in a few years time.

 

Initial tests have proved that they're onto something, so I'm tempted to put my money into them before it all becomes 'public' knowledge if you like.

 

Any, erm, opinions?

 

CL in 'researching hair-loss shocker'!

[Crab Lungs]

CL in 'researching hair-loss shocker'!

 

 

Haha, I can't point you in the right direction too, if you want?

 

Got my HT this year, which I'm looking forward to! Maybe at WorldNet you will see a younger looking CL - but just as mischievous!

[saint_stevo]

thats if you make it to worldnet....

[Mr Saints]

If you had a £1000 to invest into some penny shares, where would you put it?

 

India and/or China

[hamster]

Serious tip for a company to invest in stevo.

 

River Canal Rescue Ltd. RCR are the RAC of the inland waterways, which will imho see a big increase in popularity as we come out of recession. I think i'm correct in thinking that they have just bought up one of their competitors and their reputation is second to none in the Narrow Boat community.

 

Sorry don;t know where you'd find their current price though.

[Draino76]

If anyone follows the markets; the best techincal analyst is daneric waves, and for insight, zerohedge.

 

Google them. Me? I'm more interested in accumulators at the moment.