Remember all those dire warnings of a market slump if Trump won it?
It never happened - and after a day or so neither did Brexit.
Looks like we've all realised with these dramatic events.. well, life carries on exactly the same as it did before!
These so called dramatic events aren't really. Whoever really runs the world carries on running it much as before.
Trump is going to borrow loads of money just like he did to make his businesses as a success. Not
sure how that's going to play out longer-term.
It's obvious why he's not taking the salary - he doesn't wAnt to pay any tax!
One suspects the markets will be a bit volatile this month and hopefully go down some
till mid December leading to a nice year end rally.
I'll be looking at how to play the rally in the starter seminar (Dec 5th) and especially
at the follow up seminar to those who've been before on Dec 12th. if you fancy either
of those drop me a mail. The follow up is for a smaller group so don't that one too
late if you fancy it.
I had a big wodge of cash on the sidelines and I've spent a bit of it - whenever I have a seminar
trades show themselves that I wouldn't have found being a lazy **** at home.
First up is Scisys (LON:SSY) - which looked very good value indeed at the seminar.
It's only just
an allowable buy for me as it's on the borderline of being too small. So it's not one
I would buy a lot of in case I couldn't get rid of them.
However I've been very impressed with recent statements - it's turned net debt into net
cash, gone into profit and reinstated its dividend.
This software outfit is also winning a lot of contracts - and has just announced
another one - and on top of that is buying its own shares in the market.
Breaking out of a recent range too it looks cheap and I'm looking for another
30% upside from here.
Edit: wrote the above yesterday! Today a statement came out suggesting things
were going ahead of expectations which is brilliAnt. It really has a momentum
now and can only see SSY shares going higher still.
I've bought a new lot of 32 Red (LON:TTR) - still have some that I have nearly trebled on.
32 Red runs gambling platforms allowing addicted
gamblers to be parted from their money in whichever way they fancy.
So if they prefer to lose
their money playing Poker, or love losing playing Bingo, no problem.
It looks cheap and no reason why it shouldn't head back to highs of 170 plus. It's got a deal
with ITV for "I'm A Celebrity" and Ant and Dec games and there is strong rising revenue
and profits. Looks a good gamble!
Paysafe - (LON:PAYS) - I bought some more yesterday as they had drifted down for a few days - looks a real bargain and it is back on the way up. It is in one of the best sectors of the market and be no surprise if it was bid for at a substantially higher price.
I've made a lot from Avon Rubber (LON:AVON) and after the very decent full year results I have topped up with some more, looking for further upside up to 1200. A very nice set of results with the best bit for me going into net cash from net debt so I would expect an acquisition or two.
I couldn't quite resist post Trump dip in Next 15 (LON:NFC) and picked some up (talked about this one
a few times) - it still looks really cheap and I suspect a bid target.
Somero (LON:SOM) looks a likely beneficiary of the Trup presidency. It's an American company so can be hard to buy with some brokers, some need you to fill up an online form
but it's easy spreadbettable.
Looks a likely longer-term winner of construction plans - so I expect to stay with it for a good while.
I've taken profits on the SIV short of £1,050, it reached target so that will do. Took some profit
on Tot this morning selling at 145.28 for a profit of £1,070
Elsewhere held onto the FTSE short, all stops in profit now so shouldn't be in any danger if it
Overall most of my stuff is doing ok, one or two a bit borderline and may have to axe. Otherwise
pretty happy and waiting for a strong end to the year assuming a bit of a fall first.