Impact of virus on IT - good time to buy

[NoBidNoOffer]

Did anyone buy Smithson SSON on .thursday when it was at £9.09 I most certainly did as I couldn’t say no at that price as it was even below the initial offer price, so I almost doubled my holding. Today it was up to £10.36 at the end of trading.

[richfool]

Well after selling between 30% and 50% of the following holdings:

JETI, HINT, JGGI, BMPI & MUT in late Feb/early March (and topped up FGT, PHP & ULVR)

I then bought (back in to):
JGGI, HINT & MUT over the 19th & 20th March

and topped up:
MATE, RGL, WHR & BNKR on the 19th March.

It remains to be seen whether the falls have ended, in fact I doubt it very much, but I felt that the new lower prices were an opportunity to get back in at. Call it "averaging down" or "catching a falling knife", I'll no doubt find out in due course. In any event I think it will be a long time before there is a recovery and no doubt dividend income (upon which I am not dependent) is likely to suffer significantly.

I am still annoyed with myself over Temple Bar and IPU (Invesco Perpetual UK Smaller Coys) which I bought into in December, expecting rising SP's.

I am also pondering the effect of falling oil/energy prices on renewables like JLEN & TRIG which I hold.

[XFool]

From 12 March:

In a sea of red today my only riser was Ruffer Investment Co (RICA) at +3.7%

So finally, it does seem to be doing what it says on the tin.

Still going strong and now at highest price over last 12 months.