Archive for February, 2012

IP Group!

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13 years
by

Last weeks top up of IP Group (IPO) share was just in time – moved up another 10% this week!

I made the decision to sell of Highland gold for a tiny profit of £15. – I still like the potential here but  I wanted the money for Telecom Plus  (TEP) and Dialight. (DIA) – Both of which I have been following for some time and seem V cheap right now.

Source Bioscience (SBS) and Angel Mining have dropped back slightly from my buy in, but overall the portfolio is performing well and showing a profit of £400 on the week. No other trades this week.

Good luck all.

 

DT

 

 

 

 

IP Group, GKP and SGP

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13 years
by

It’s been another V good week, The running value of the portfolio is up over £450 on last week.

A few good and a few no so good trades to report…

Firstly, I was acting a little impulsively when I bought Supergroup (SGP) at 580p, suspecting they were oversold. Mistake! – I realised my mistake when my stop loss was taken out at 545p. They are now trading even lower at around 520p! If we see further drops it may be worth getting back in…

Tesco (TSCO) – I sold out of Tesco today as it looks like recovery is going to take longer than I anticipated. – I expected to see a steady rise after the big drop following the profit drop announcement… It didn’t happen as quickly as I would like and although I expect to see Tesco bounce back I think my money is best placed elsewhere

I have topped up in one of my favourite shares, IP Group. – They keep announcing great news and although they are really just venture capitalist’s, their partnership model with top universities means theat they are funding some very clever minds. – I think it really is just a matter of time before one of there many pies become huge and make me alot of money!

Angel Mining (ANGM) were another buy this week. – I have been here before in 2010 and lost a few quid. – I could see the potential then but just got in way to early last time. This time it’s a little different. They are now producing increasing amounts of gold and the prospects for their other developments look very good. I still consider this as a risky venture as progress is dependent on maintaining support from their investors who have set some quite demanding targets for production…

Highland Gold Mining (HGM) were the other buy of the week. I bought at 160p inc charges and are now showing a small profit. Their largest investor pulled out this week due to a change of strategy and it caused the share price to be knocked back to what I considered to be a great entry point. They are quite efficient with low production costs, cash rich and are producing more and more.

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Flying start to 2012

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13 years
by

Still going well this year. – Anyone else starting to wondering how long this run will last?

Current holding as shown in the trades table http://dailytrading.co.uk/trades-2012/ showing a running profit of £1600 this morning. – That along with the realised profit. is a gain of 16% in just over 6 weeks. Good start to the year.

Coastal energy CEO up 31% and IP Group both showing profits of around 30%. Both holds with potential for more profit. – IP Group in particular, so much potential.

No real sales this week other than a quick sell and buy in Gulf Keystone GKP. – The usual viral hype followed a similarly normal retrace provided a nice opportunity. I was glad to get back in at 314p after selling for 332.5p for a nice £100 in the bank.

Anyone who followed the blog back in 2010 may be interested to know that I am back in XEL within my SIPP. – Would be very interested in your thoughts on this company, – They look cheap to me and I am considering adding some to the website portfolio.

 

DT

 

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