Share Picks 2020

AmberGold · 16-06-2020 08:56PM

Jerry Romine over on Y’tube does financial analysis of various sectors, interestingly Ryanair covered here.

https://youtu.be/wHNWoRHcE6U

Worth a look if you’re watching for an entry..

MikeSoys · 16-06-2020 09:12PM

AmberGold wrote: »

Jerry Romine over on Y’tube does financial analysis of various sectors, interestingly Ryanair covered here.

https://youtu.be/wHNWoRHcE6U

Worth a look if you’re watching for an entry..

yeah always wary of why i havent heard of these youtubers
..and what their selling at the end of the video?
reminds me of the guys selling shovels during the gold rush... thanks will look at his older videos

AmberGold · 16-06-2020 11:07PM

Shedite27 wrote: »

FMCI (Forum Merger II Corporation).
This is a blank shell corporation that was setup to accept a reverse merger, allowing a company to go public without the IPO process. Same route that VEctoIQ/Nikola took to great success this week.
The rumour was that this would be Impossible Foods, which is a rival to Beyond Meat which is flying this week, and the price went from $10-$15 on that rumour (Full disclosure, I bought at $13.50)
The news is out now that it will actually be another smaller competitor called Tattoo Chef. Now it's not Impossible Foods (which would have driven this stock up 4 times), so a lot of disappointed holders will be selling this morning. Should drop the price significantly today and a lovely entry point. Tattoo Chef will be a small company, starting off with a market cap of about $300m. 2021 estimated revenue is $220m.
I see this going to $30 fairly quickly.

So good so far... the financials stack up too..

Take Your Pants Off · 16-06-2020 11:53PM

https://www.bbc.com/news/health-53061281
Could see a rise tomorrow maybe in UK stocks?

massdebater · 17-06-2020 12:05AM

Shedite27 wrote: »

Speaking of betting, DraftKings and GAN (Irish owned gambling IT system) had big days yesterday, fulled by
1. The golf tournament at the weekend was the biggest golfing gambling event of all time
2. Casinos beginning to reopen
3. Other sports starting to reopen

Can see both going higher in the next few weeks. GAN have results this week

I jumped in on both DKNG and GAN recently, along with GMBL (Esports Entertaining Group). Lots of room for growth in North America with sports betting only legal in a few states with loads more pending. Not to mention everyone is starved of sports recently, I see those companies doing well as their customer base opens up

bcklschaps · 17-06-2020 01:28AM

massdebater wrote: »

I jumped in on both DKNG and GAN recently, along with GMBL (Esports Entertaining Group). Lots of room for growth in North America with sports betting only legal in a few states with loads more pending. Not to mention everyone is starved of sports recently, I see those companies doing well as their customer base opens up

My thoughts precisely. I have a small holding of GAN. I got in about 2 weeks ago on the basis that Michael Smurfit snr invested. I assume his family connections advised him it was a good investment.

https://www.reuters.com/article/brief-michael-smurfit-sr-reports-98-stak/brief-michael-smurfit-sr-reports-98-stake-in-gan-ltd-idUSFWN2DF0D1

SP promptly went down 17% of course from that point.... I'm just about back up at BEP now. But onwards and upwards

Nemeses2050 · 17-06-2020 03:30PM

Are we gonna see a sell-off today? anything interesting?

sReq | uTeK · 17-06-2020 03:53PM

Nemeses2050 wrote: »

Are we gonna see a sell-off today? anything interesting?

Sold Glanbia, been a year until i got back up to BEP!

plasmin · 17-06-2020 04:06PM

Shedite27 wrote: »

FMCI (Forum Merger II Corporation).
This is a blank shell corporation that was setup to accept a reverse merger, allowing a company to go public without the IPO process. Same route that VEctoIQ/Nikola took to great success this week.
The rumour was that this would be Impossible Foods, which is a rival to Beyond Meat which is flying this week, and the price went from $10-$15 on that rumour (Full disclosure, I bought at $13.50)
The news is out now that it will actually be another smaller competitor called Tattoo Chef. Now it's not Impossible Foods (which would have driven this stock up 4 times), so a lot of disappointed holders will be selling this morning. Should drop the price significantly today and a lovely entry point. Tattoo Chef will be a small company, starting off with a market cap of about $300m. 2021 estimated revenue is $220m.
I see this going to $30 fairly quickly.

https://www.google.com/amp/s/www.forbes.com/sites/douglasyu/2020/06/15/tattooed-chefs-owner-ittella-international-to-go-public-expands-plant-based-foods-in-frozen-aisle/amp/

Picked up some at 19

liamoreilly · 17-06-2020 05:01PM

...Hertz shares halted, I know a few here have been buying and selling...

Nemeses2050 · 17-06-2020 05:17PM

plasmin wrote: »

https://www.google.com/amp/s/www.forbes.com/sites/douglasyu/2020/06/15/tattooed-chefs-owner-ittella-international-to-go-public-expands-plant-based-foods-in-frozen-aisle/amp/

Picked up some at 19

Was looking at it last nite and it shot-up, will wait for any dip...seems like last friday they had sudden dip went down to 12...

hottipper · 17-06-2020 05:35PM

Nemeses2050 wrote: »

Are we gonna see a sell-off today? anything interesting?

nah market is just waiting on powell from the fed to say something nothing bad so far.

Was looking at $net might be worth picking up some shares on a dip

Nemeses2050 · 17-06-2020 05:47PM

it seems all Tech stocks are close to their highs.

HelloYoungBoy · 17-06-2020 05:53PM

Nemeses2050 wrote: »

it seems all Tech stocks are close to their highs.

I'm looking to get into a few Tech stocks like Data Dog. Hold back for the moment be the best advice here lads?

Bob Harris · 17-06-2020 06:20PM

liamoreilly wrote: »

...Hertz shares halted, I know a few here have been buying and selling...

Bought once, sold once for very little profit. Wouldn't touch it with a ten foot pole now.

Scottie99 · 17-06-2020 08:43PM

Bob Harris wrote: »

Bought once, sold once for very little profit. Wouldn't touch it with a ten foot pole now.

All that risk for so little, was it worth it?

TheBetsy · 17-06-2020 09:34PM

Anyone looking at Trinity Biotech $TRIB? Irish company with covid tests in the pipeline. Expecting FDA approval by end of June. Thinking it could go on strong run with covid spiking in some countries

AmberGold · 17-06-2020 10:06PM

TheBetsy wrote: »

Anyone looking at Trinity Biotech $TRIB? Irish company with covid tests in the pipeline. Expecting FDA approval by end of June. Thinking it could go on strong run with covid spiking in some countries

1 post! Insider?

TheBetsy · 17-06-2020 10:29PM

AmberGold wrote: »

1 post! Insider?

Hahaha no, just new!

positron · 17-06-2020 10:39PM

Kilboor wrote: »

Interesting play with Sony! Hadn't even thought of gaming stocks outside of GME which I watch closely (waiting on a sub 3.50 entry)

In fairness I don't know how much impact a succesful PS5 launch will have to Sony's overall share price, they are ginormous after all.

But I am quietly confident on PS5 - it looks great, games look stunning, and the new digital only console should work out cheaper, with less things to go wrong, and more game revenue should go directly to Sony. This of course could mean bad news to GME type businesses - no more used games trade-in/sale model.

Bob Harris · 17-06-2020 10:54PM

Scottie99 wrote: »

All that risk for so little, was it worth it?

well I didn't risk my life savings, it was about 5% of my portfolio...made a few quid...timing wasn't perfect but I did follow Warren Buffett's first two rules of investing...

RedRochey · 17-06-2020 11:38PM

positron wrote: »

In fairness I don't know how much impact a succesful PS5 launch will have to Sony's overall share price, they are ginormous after all.

But I am quietly confident on PS5 - it looks great, games look stunning, and the new digital only console should work out cheaper, with less things to go wrong, and more game revenue should go directly to Sony. This of course could mean bad news to GME type businesses - no more used games trade-in/sale model.

If you check the playstation thread a lot of people dont seem too convinced by the digital only version, would still prefer the disc version

Plus a couple of them said how consoles are usually loss making for the first few years, the main money comes from new games and there wasnt really any big announcements on that front

Kilboor · 18-06-2020 10:10AM

Today I'm still holding NBRV. Possibly sell this before day end, otherwise stop loss if it gets above 1.10.

Also holding CLRB still, more of a medium term hold. No other plays on the horizon right now

Nemeses2050 · 18-06-2020 10:23AM

Yep no action this week....everytime it looks like we'll see a sell-off someone is propping up.

Wombatman · 18-06-2020 11:09AM

positron wrote: »

In fairness I don't know how much impact a succesful PS5 launch will have to Sony's overall share price, they are ginormous after all.

But I am quietly confident on PS5 - it looks great, games look stunning, and the new digital only console should work out cheaper, with less things to go wrong, and more game revenue should go directly to Sony. This of course could mean bad news to GME type businesses - no more used games trade-in/sale model.

Sony have been a great performer for me over the last couple of years. I know it won't be anything like it with the PS5, but have a look at the Sony share price in the lead up to to the release of the PS2 in March 2000. The stock was trending nicely in the months prior to Covid.

Doodee · 18-06-2020 11:24AM

positron wrote: »

In fairness I don't know how much impact a succesful PS5 launch will have to Sony's overall share price, they are ginormous after all.

But I am quietly confident on PS5 - it looks great, games look stunning, and the new digital only console should work out cheaper, with less things to go wrong, and more game revenue should go directly to Sony. This of course could mean bad news to GME type businesses - no more used games trade-in/sale model.

If you want to do a comparison you could check out the effect on the MS share price when they released the digital only Xbox.

The thing to consider with the digital only versions is that the platform holders are moving to a subscription model, as with Xbox game pass, and the digital only console + subscription is the value. The catalog will be a big part of that.

Microsoft are already doing well there and heavily invested in streaming too. The big feather is that your subscription to Xbox game pass allows you to play the same games on your windows PC.

On that front streaming services will become a major part of the eco system so you can effectively play anywhere there is internet.

positron · 18-06-2020 11:46AM

RedRochey wrote: »

If you check the playstation thread a lot of people dont seem too convinced by the digital only version, would still prefer the disc version

Plus a couple of them said how consoles are usually loss making for the first few years, the main money comes from new games and there wasnt really any big announcements on that front

I guess predicting the outcome of console wars is almost as hard as trying to time the stock market..

PS5 digital will sell though - the entire world is moving away from hard media / discs, so no two ways about this. The only concern is how well MS will fight back (after losing last four rounds).

And although I am personally on the PS5 camp, I am really curious about the upcoming Flight Simulator, which I am sure is going to be an XBOX/PC exclusive.

Nemeses2050 · 18-06-2020 01:32PM

Anyone looking at Wirecard AG? down 60% apparently another company with cooked books...didn't think we would have such company's in Europe? that too top 30 company.

codrulz · 18-06-2020 01:45PM

Nemeses2050 wrote: »

Anyone looking at Wirecard AG? down 60% apparently another company with cooked books...didn't think we would have such company's in Europe? that too top 30 company.

The Financial Times reported in October that Wirecard staff appeared to have conspired to fraudulently inflate sales and profits at Wirecard subsidiaries in Dubai and Dublin and mislead EY, the group’s auditor for a decade.

As per the FT this morn, not a good look! 1.9 BIO is a lot to just drop of a balance sheet..

Lex Luthor · 18-06-2020 04:31PM

picked up some $VISL the other day at $0.69

Bodycams could be in high demand going forward, not only on the law enforcement side but in sport aswell...

Share Picks 2020

Comments

Welcome!