Which shares will bounce back the highest ?

Bytheway

Wich stocks will bounce back the fastest and highest once this bear market/recession ends ?
This is your chance to say "I told you so in 12 months time "

seven-iron

ha if ya find out give us a shout

leitrim lad

anglo @€;35.99 each

Time Magazine

leitrim lad wrote: »

anglo @€;35.99 each

You mean €35.99 per branch?

TheInquisitor

The Economist wrote: »

You mean €35.99 per branch?

Is the government going to pay me €35.99 to take each of their shares? Probably still wouldn't take them!! They'd just give me an IOU

TheInquisitor

On another note. Providence resources is a bit interesting. Oil prices have come back up to $50+ while at the same time they have high % of their production hedged at $100. Can't be a bad thing. Also expecting update on a new well in the next week! (hopefully it'll be good) Can't say i dont have shares in them though at least they've held up much better than my aib.....

shawnee

Providence have been promising for the past 7 years. Great media presence (probably AJ OReilly) Good news comes every so often to reel in a few suckers...;) Better buy prize bonds.

leitrim lad

was only joking with the anglo thing, i would say follow the reneuable energy companies, should be a safe bet

ranger4

CRH, IN&M, ELAN, IL&P.:D

daveirl

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Fighting Irish

i dunno but i love how some people think we will be back to 400K houses and blowing money on loads of crazy **** in just 12 months

leitrim lad

i cant see that happening neither ,at the minute you could buy the 4 big banks and insurance companies for under half a billion going by the ise, and bank of ireland are advertising mortgages for as little as 800 per month . who in their right mind could afford that in this day and age

Dodd

daveirl wrote: »

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All the better really.It is not economy that effects it.It is a good earner.

NewApproach

What are peoples thoughts on Paddy Power shares?

They are in a relatively recession proof industry, and profits are good for the year. Share is around €12.50 now, from a 12 month high of around €26.

Appreciate any thoughts

shawnee

shawnee wrote: »

Providence have been promising for the past 7 years. Great media presence (probably AJ OReilly) Good news comes every so often to reel in a few suckers...;) Better buy prize bonds.

Yeah forget about providence, flatters to deceive. Ive had em for years and years.

Saabdub

ranger4 wrote: »

CRH, IN&M, ELAN, IL&P.:D

I took up my full quota in the CRH rights issue at €8.40 and this morning they are trading at €16:D You gotta love the moxy of those guys, doing the biggest rights issue in Irish history at a time like this. This isn't a spectacular share but I haven't lost the mortgage money either.

Saabdub

dragonbet

daveirl wrote: »

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I dont think its the correlation with the economy/building bust.... its just that there is less money around beinging invested in the ISEQ in general and heavy investors selling off shares e.g. Elan, to pay the banks back for other stupid investments they made. Thus share prices that have no connection or direct effect from the "recession" are indirectly effect by large sell outs and investors restructuring??? Does that make sense.!!

silverharp

I'd go with any gold company in the HUI gold index


if the link below works , will show that the HUI index has out performed the Dow since the washout in Oct. ideally pick pure gold companies over ones that have exposure to silver or base metals and be aware of country risk. Although gold shares will generally follow the main markets the idea is that they will outperfrom on a net basis year over year
going forward

(copy and paste , the finer points of linking etc. are lost on me ;-)

http://finance.yahoo.com/echarts?s=^DJI#chart5:symbol=^dji;range=6m;compare=^hui;indicator=rsi+stochasticslow;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined



List of companies in the HUI index

http://www.kitco.com/pop_windows/stocks/hui.html

ranger4

Saabdub wrote: »

I took up my full quota in the CRH rights issue at €8.40 and this morning they are trading at €16:D You gotta love the moxy of those guys, doing the biggest rights issue in Irish history at a time like this. This isn't a spectacular share but I haven't lost the mortgage money either.

Saabdub

Fair play to you, Id also say some daytraders made some nice profit with Elan bounce.:D:D

Compak

daveirl wrote: »

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Elan sp is battered at the mo with their financial state. They have dire financial figures and with the plus billion sale of one of their technologies halted for economic reasons putting out buyers they are hugely dependent on a recovery.
Otherwise look for a takeover at a mediocre bid even by Biogen.

INM being advertising dependent Im sure are affected by economy

Bytheway

Well I like Lamprell, Aviva, Redhall and Asian Citrus Holdings, Accsys and RCG holdings. Would i invest in them now...............maybe Aviva but its still to early IMO.
I would invest in Coal of Africa, Faroe Petroleum, Afren and Nighthawk Energy.
For the cautious, an ETF in oil.

griffzino

Another vote for Afren (AFR) and also big mention for Tanfield Group (TAN) if you believe that commercial depot based EV's are the future.

Dictator

Looks like providence resources are on one of their non spectular runs of late, great PR merchants working there. No great news but has ran up to 6 cent hit a low of 2 cent earlier this year,

ranger4

Dodd wrote: »

All the better really.It is not economy that effects it.It is a good earner.

yep

Qwertysurf

Dictator wrote: »

Looks like providence resources are on one of their non spectular runs of late, great PR merchants working there. No great news but has ran up to 6 cent hit a low of 2 cent earlier this year,

I agree no great news but at the same time a lot of small positives were bound to bring the price up from 2c. (http://www.energy-business-review.com/news/providence_resources_updates_on_gulf_of_mexico_operations_090421)
And assuming no more hurricanes i would expect 10c share price this year. I do concede that having O'Reilly has CEO helps with the positive press