Best of the Week
Most Popular
1. Gold vs Cash in a Financial Crisis - Richard_Mills
2.Current Stock Market Rally Similarities To 1999 - Chris_Vermeulen
3.America See You On The Dark Side Of The Moon - Part2 - James_Quinn
4.Stock Market Trend Forecast Outlook for 2020 - Nadeem_Walayat
5.Who Said Stock Market Traders and Investor are Emotional Right Now? - Chris_Vermeulen
6.Gold Upswing and Lessons from Gold Tops - P_Radomski_CFA
7.Economic Tribulation is Coming, and Here is Why - Michael_Pento
8.What to Expect in Our Next Recession/Depression? - Raymond_Matison
9.The Fed Celebrates While Americans Drown in Financial Despair - John_Mauldin
10.Hi-yo Silver Away! - Richard_Mills
Last 7 days
Gold Price Closely Tracks Debt-to-GDP Ratio - 9th Apr 20
Gold, Silver and Rigged Market Socialism - 9th Apr 20
Going to School in Lockdown Britain, Dobcroft Sheffield - 9th Apr 20
Amazon Face Masks to Protect Against Covid-19 Viral Particles N95, FPP2, PM2.5, for Kids and Adults - 9th Apr 20
Is Natural Gas Price Ready For An April Rally? - 8th Apr 20
Market Predictions And The Business Implications - 8th Apr 20
When Will UK Coronavirus Crisis Imrpove - Infections and Deaths Trend Trajectory Analysis - 8th Apr 20
BBC Newsnight Focuses on Tory Leadership Whilst Boris Johnson Fights for his Life! - 8th Apr 20
The Big Short Guides us to What is Next for the Stock Market - 8th Apr 20
USD Index Sheds Light on the Upcoming Gold Move - 8th Apr 20
The Post CoronaVirus New Normal - 8th Apr 20
US Coronavirus Trend Trajectory Forecast Current State - 7th Apr 20
Boris Johnson Fighting for his Life In Intensive Care - UK Coronavirus Crisis - 7th Apr 20
Precious Metals Are About To Reset Like In 2008 – Gold Bugs, Buckle Up! - 7th Apr 20
Crude Oil's 2020 Crash: See What Helped (Some) Traders Pivot Just in Time - 7th Apr 20
Was the Fed Just Nationalized? - 7th Apr 20
Gold & Silver Mines Closed as Physical Silver Becomes “Most Undervalued Asset” - 7th Apr 20
US Coronavirus Blacktop Politics - 7th Apr 20
Coronavirus is America's "Pearl Harbour" Moment, There Will be a Reckoning With China - 6th Apr 20
Coronavirus Crisis Exposes Consequences of Fed Policy: Americans Have No Savings - 6th Apr 20
The Stock Market Is Not a Magic Money Machine - 6th Apr 20
Gold Stocks Crash, V-Bounce! - 6th Apr 20
How Can Writing Business Essay Help You In Business Analytics Skills - 6th Apr 20
PAYPAL WARNING - Your Stimulus Funds Are at Risk of Being Frozen for 6 Months! - 5th Apr 20
Stocks Hanging By the Fingernails? - 5th Apr 20
US Federal Budget Deficits: To $30 Trillion and Beyond - 5th Apr 20
The Lucrative Profitability Of A Move To Negative Interest Rates - Pandemic Edition - 5th Apr 20
Visa Denials: How to avoid it and what to do if your Visa is denied? - 5th Apr 20 - Uday Tank
WARNING PAYPAL Making a Grab for US $1200 Stimulus Payments - 4th Apr 20
US COVID-19 Death Toll Higher Than China’s Now. Will Gold Rally? - 4th Apr 20
Concerned That Asia Could Blow A Hole In Future Economic Recovery - 4th Apr 20
Bracing for Europe’s Coronavirus Contractionand Debt Crisis - 4th Apr 20
Stocks: When Grass Looks Greener on the Other Side of the ... Pond - 3rd Apr 20
How the C-Factor Could Decimate 2020 Global Gold and Silver Production - 3rd Apr 20
US Between Scylla and Charybdis Covid-19 - 3rd Apr 20
Covid19 What's Your Risk of Death Analysis by Age, Gender, Comorbidities and BMI - 3rd Apr 20
US Coronavirus Infections & Deaths Trend Trajectory - How Bad Will it Get? - 2nd Apr 20
Silver Looks Bearish Short to Medium Term - 2nd Apr 20
Mickey Fulp: 'Never Let a Good Crisis Go to Waste' - 2nd Apr 20
Stock Market Selloff Structure Explained – Fibonacci On Deck - 2nd Apr 20
COVID-19 FINANCIAL LOCKDOWN: Can PAYPAL Be Trusted to Handle US $1200 Stimulus Payments? - 2nd Apr 20
Day in the Life of Coronavirus LOCKDOWN - Sheffield, UK - 2nd Apr 20
UK Coronavirus Infections and Deaths Trend Trajectory - Deviation Against Forecast - 1st Apr 20
Huge Unemployment Is Coming. Will It Push Gold Prices Up? - 1st Apr 20
Gold Powerful 2008 Lessons That Apply Today - 1st Apr 20
US Coronavirus Infections and Deaths Projections Trend Forecast - Video - 1st Apr 20
From Global Virus Acceleration to Global Debt Explosion - 1st Apr 20
UK Supermarkets Coronavirus Panic Buying Before Lock Down - Tesco Empty Shelves - 1st Apr 20
Gold From a Failed Breakout to a Failed Breakdown - 1st Apr 20
P FOR PANDEMIC - 1st Apr 20
The Past Stock Market Week Was More Important Than You May Understand - 31st Mar 20
Coronavirus - No, You Do Not Hear the Fat Lady Warming Up - 31st Mar 20
Life, Religions, Business, Globalization & Information Technology In The Post-Corona Pandemics Age - 31st Mar 20
Three Charts Every Stock Market Trader and Investor Must See - 31st Mar 20
Coronavirus Stocks Bear Market Trend Forecast - Video - 31st Mar 20
Coronavirus Dow Stocks Bear Market Into End April 2020 Trend Forecast - 31st Mar 20
Is it better to have a loan or credit card debt when applying for a mortgage? - 31st Mar 20

Market Oracle FREE Newsletter

Coronavirus-stocks-bear-market-2020-analysis

Portfolio Bargain Hunting

Portfolio / Investing Jun 25, 2006 - 07:15 PM GMT

By: Nadeem_Walayat

Portfolio

The portfolio was expected to decline a little given the drop in the market during May / June 06, but two stocks going strongly against the grain result an overall gain - TATE up some 40p to £5.93 and Enodis the speculative pick up over 60p !!! at £2.11 Dividends - Rolled in this month totaling £205.39 !, with LLOYS topped the list paying at a whopping £117 !, then came BATS at £66, hmmm BATS, I am starting to think it may have been a mistake to liquidate BATS in April, luckily the price is a little lower now, so it may be worth recommitting for the long-run !

For this portfolio update I will look at what to do with some of the £11k in cash, time to go looking for some cheap stocks, I would love to add to it the United Utilities holding but this is already the largest single investment, as well as wanting to take a closer look at why Enodis rallied so much.


How to I Select the Stocks ?
You may wonder ?, I primarily use the stock selector at digitallook.com, which offers some 40 variables ranging from EPS growth, Peg Ratio, dividend cover etc. I run the selector on the FTSE100 and FTSE250, using a range of variables that I adjust from time to time, to output some 20 stocks. I then analyse these individually, which includes looking at the financial reports, and technical analysis of the charts and whittle these down to a handful that I track for an opportunity to add to the portfolio when the opportunity arises. If you want to select your own stocks then I highly recommend the Stocks Screener at digitallook.com (MarketOracle.co.uk is NOT affiliated to digitallook).

ENODIS - The recent surge in price has been amazing, searching through news reveals the following - Last month, the board of Enodis rejected Middleby's 195p-a-share offer, which valued the company at £796m. So its had an offer, and rejected it. I think that for the foreseeable future the upside looks limited, yes they could up the offer to maybe £2.30, or withdraw the offer, or a rival bidder could emerge, but at £2.10 the stock looks a tempting sell, and there is no other reason to hold it short-term, maybe if the offer is withdrawn and ENODIS falls back below £1.50 we can look at it again, but for now its time to take profits on this speculative stocks that's paid out !

BATS - Consistent share price trend, earnings growth and dividends !, what more could someone ask from a company ?, Okay so cigarettes are not exactly an ethical, but that's now what this portfolio is about, so buying at slightly lower prices BATS again, same holding as before i.e. 200 shares for the long term growth and income

CENTRICA - This highly profitable energy company that supplies most of the gas to british households as well as electricity to over 5 million households in the UK. Having come off of recent highs above £3, the current price gives a good opportunity to enter. There have been bid rumours circling around Centrica for over 6months, but that's a bonus if it happens, the key is good dividend of over 4%, solid earnings growth, and the company is immune to any economic slowdown and thus a good long-term investment for our 'safe' portfolio, My only regret is that I missed buying it last October.

HBOS - Playing safe again by picking one of the UK's largest high street banks. The price has shown stability during the recent market downturn, which suggests strength, and therefore a good long-term pick. Dividends are about 4% with earnings growth of 5% likely. downside looks limited with good steady growth and income expected.

I was going to pick a mining stock as a speculative play, bit the volatility is a little high so we will see what happens over the coming months.

25-Jun Market Oracles Stock Portfolio
Stock Ticker Date buy Price paid Quantity Total Book Cost Cur Price Dividends Cur Value Val+Divs Gain/Loss % Gain/Loss
United Utilities UU 28/10/2005 £6.12 500 £3,087 £6.56 £71 £3,280 £3,351 £264 8.6%
British Telecom BT.A 28/10/2005 £2.07 1000 £2,092 £2.29 £43 £2,285 £2,328 £236 11.3%
Lloyds TSB LLOY 28/10/2005 £4.49 500 £2,268 £5.21 £118 £2,605 £2,723 £455 20.0%
Tate & Lyle TATE 28/10/2005 £4.53 500 £2,288 £5.93 £30 £2,965 £2,995 £707 30.9%
British American Tobacco BATS 23/06/2006 £13.58 200 £2,742 £13.58 £0 £2,716 £2,716 -£26 -0.9%
Centrica CAN 23/06/2006 £2.74 900 £2,490 £2.74 £0 £2,466 £2,466 -£24 -1.0%
HBOS HBOS 23/06/2006 £9.31 250 £2,351 £9.31 £0 £2,328 £2,328 -£24 -1.0%
Cash £4,985
Totals Original capital (28/10/05) £20,000 £23,891 £3,891 19.5%
FTSE 100 23/06/2006 £5,692
% Change 6 months 1 year 2 year 3 years
Portfolio change 19.5%
FTSE 100 1%
Difference 18% 0% 0% 0%
(closest portfolio update to the period)
Charges deducted todate (£12 to buy / sell & 0.5% stamp duty on purchases) -£330
Dividend income received to date £406

 

Portfolio Transactions this period (since last update)
Date Type Stock Qty Price Charges Amnt £
Dividends BATS 200 £0.330 £0.00 £66.00
Dividends LLOY 500 £0.235 £0.00 £117.50
Dividends Enodis 800 £0.008 £0.00 £6.64
Dividends BP 300 £0.053 £0.00 £15.75
23/06/2006 BUY British American Tobacco 200 £13.58 £25.58 -£2,742
23/06/2006 SELL ENODIS 800 £2.11 £12.00 £1,676
23/06/2006 BUY Centrica 900 £2.74 £24.33 -£2,490
23/06/2006 BUY HBOS 250 £9.31 £23.64 -£2,351


(c) MarketOracle.co.uk 2005-2006

This Model Portfolio is provided for general information purposes only and not a solicitation or recommendation to enter into any market position, and you are reminded to seek independent professional advice before entering into any investments or trading positions.
The Market Oracle is a FREE Financial Markets Forecasting & Analysis online publication. We aim to cut through the noise cluttering traditional sources of market analysis and get to the key points of where the markets are at and where they are expected to move to next
! http://www.marketoracle.co.uk

This article maybe reproduced if reprinted in its entirety with links to http://www.marketoracle.co.uk


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules