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Impact of virus on IT - good time to buy
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Re: Impact of virus on IT - good time to buy
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.
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- Lemon Quarter
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Re: Impact of virus on IT - good time to buy
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.
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.
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- The full Lemon
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Re: Impact of virus on IT - good time to buy
From 12 March:
Still going strong and now at highest price over last 12 months.
XFool wrote: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.
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