LONDON STOCK EXCHANGE

[londoncool]

Hello All,

I thought I could start a thread for sharing information, news ,tips and experiences for investors in the London Stock Exchange in either the FTSE100,FTSE250,FTSE350 and AIM.

I mainly do long term investment in a selected few stock that I purchase every month on a standing order basis through my brokers, Hoodless and Brennan. My portfolio includes TESCO, BT Group (from the FTSE100) and 2 Oil companies from AIM (Afren Plc,Fortune Oil,).I chose the first 2 because they are the market leaders in their sector and control over 60% of their sector.They also give out steady dividends and have room for growth. I chose the Oil companies because of their future potential. Afren Plc (owned by Dr Rilwanu Lukman) has already struck Oil in Nigeria and Ivory Coast through their partners which would start to produce by 2010. Fortune Oil has just acquired lots of Oil and Gas supply infrastructure in China and could be the next Cairn Energy,so i didnt want to miss out on this Pennystock going for 8p. (Cairn Energy was a relatively unknown Scottish Pennystock Oil company that struck Oil in India and its fortunes catapaulted it to the FTSE100 list-the 100 most capitalised companies in UK).

Your contributions are welcome

[Planta]

Hey londoncool
I use H&B as well as my stockbrokers.They are great.

I need lessons from you .Tesco?hmmmm........I try to pick some penny stocks that have deals with the big guys......look at Energy Assests Management,they were contracted by M&S to supply their energy meters.Stocks were bought at 1p and in less than a week it hit 1.50p

I am new to dividend yoelding stocks and will appreciate advise from gurus like you.Have you read the new Proshare analysis on the NSE?Maybe it is time to look outside the NSE.

[londoncool]

Hey londoncool
I use H&B as well as my stockbrokers.They are great.

I need lessons from you .Tesco?hmmmm........I try to pick some penny stocks that have deals with the big guys......look at Energy Assests Management,they were contracted by M&S to supply their energy meters.Stocks were bought at 1p and in less than a week it hit 1.50p

I am new to dividend yoelding stocks and will appreciate advise from gurus like you.Have you read the new Proshare analysis on the NSE?Maybe it is time to look outside the NSE.

@Planta,

Thanks for your response. I have burnt so many of my fingers in Pennystock on AIM so I am very careful about it. Energy Assets Mgt is good for Day Trading or CICO if you are trading on volumes.

Very few stock give out Bonus shares.Vodafone is a consistent performer and is also a market leader.

[dollyp1cute]

I did not even know that companies on LSE give bonus.

With all this credit crunch I am sold out of LSE except for a few £ks which I have just decided to leave (stocks I already made loss on but know a turnaround may come in 5 years - lol).

Tesco is solid o, but I don CICO that stock twice now with some good profit I bailed out at $4.60 or so.

Now that I read this maybe I should even go and see what is happening on LSE because I have not checked my shares portals digital outlook for a while.

Personally I think there will still be more tremors that will shake the market in UK, this is just ripple effect of US and UK too will add it's own.

London cool - Fortune Oil, the last time I checked that stock it was like 6p.

Also got my fingers burnt but  overall I made good gains.

[aktopgun]

@ Londoncool

this kain thing dey happen u no tell me bros.

i am really interested sir.

i looked at the LSE a while back but all the brokers were charging more than my budget at the time.

i like the idea of standing orders, kinda like investing in OEICs with a minimum amount every month.

whats hoodless like in terms of the standing orders, execution timeframes etc. Are they discretionary, advisory or execution only brokers?

pls help. need somewhere to kep some freed up loose change other than a savings account.

thanks

[Billions]

@Londoncool, planta and dollyp1cute
What will the procedure be for someone who wants to start trading in the LSE? And where can one get general info on the market? I only trade on the NSE at present, I've been interested in exploring other markets but with all the talk about the NSE being one of the fastest growing in the world, my interest has sort of waned. That brings me to the next question, how viable is the LSE? What kind of profit can one expect and what are the brokerage charges like? Lots if questions I guess, sooorry :smile: really new to this business.

[Tosjay]

Hello All,

I thought I could start a thread for sharing information, news ,tips and experiences for investors in the London Stock Exchange in either the FTSE100,FTSE250,FTSE350 and AIM.

I mainly do long term investment in a selected few stock that I purchase every month on a standing order basis through my brokers, Hoodless and Brennan. My portfolio includes TESCO, BT Group (from the FTSE100) and 2 Oil companies from AIM (Afren Plc,Fortune Oil,).I chose the first 2 because they are the market leaders in their sector and control over 60% of their sector.They also give out steady dividends and have room for growth. I chose the Oil companies because of their future potential. Afren Plc (owned by Dr Rilwanu Lukman) has already struck Oil in Nigeria and Ivory Coast through their partners which would start to produce by 2010. Fortune Oil has just acquired lots of Oil and Gas supply infrastructure in China and could be the next Cairn Energy,so i didnt want to miss out on this Pennystock going for 8p. (Cairn Energy was a relatively unknown Scottish Pennystock Oil company that struck Oil in India and its fortunes catapaulted it to the FTSE100 list-the 100 most capitalised companies in UK).

Your contributions are welcome

Thanks for this fantastic thread! Good to see another H&B client. They're among the few UK stockbrokers that offer good service at an affordable price. 

TESCO is a hot stock for long term. It's on my list of stocks I'm presently monitoring. I was pleased when I got to know in January that Warren Buffet has it in his portfolio . Food stocks would continue to peform relatively well in spite of the present credit crunch. I invested in BT last year but the stock didn't appreciate much but the good thing is that I was compensated with some dividend. Cable & Wireless/Vodafone looks more attractive to me.

I consider AIM stocks too risky. They're the biggest hit during market turmoil. My profit on Vyke shares (AIM stock) was wipe off when credit crunch struck last year. Nevertheless, AIM stocks still carry a high potential for capital appreciation if you get your entry & exit points right on 1 or 2 stocks selected with due diligence.

What's your view about the energy/utilties stocks? I think it's among the sectors that would thrive regardless of the current recession in the economy.

[londoncool]

@ Londoncool

this kain thing dey happen u no tell me bros.

i am really interested sir.

i looked at the LSE a while back but all the brokers were charging more than my budget at the time.

i like the idea of standing orders, kinda like investing in OEICs with a minimum amount every month.

whats hoodless like in terms of the standing orders, execution timeframes etc. Are they discretionary, advisory or execution only brokers?

pls help. need somewhere to kep some freed up loose change other than a savings account.

thanks

@Aktopgun,

LSE is very good for Fixed dividend income. You just go to a supermarket and find out the things that are moving sales and look for the company that produces them (and their allied suppliers) on the LSE. Hoodless do both execution and advisory and transactions take place instantly (just the same minute you are watching those tickers on the Bloomberg Channel). You can also set up standing orders to buy your preferred stock every month.If its through a Share Builder scheme then you only pay £1.50 per transaction. Brokers fee's have come down recently since online trade became acceptable, before you'd pay around £20-£25 per deal. Nowadays you can get them for £7.50.

I have a dummy portfolio on Yahoo! Finance portal,its helpful to mirror the shares you could have bought or the one's you have actually bought.

[londoncool]

Hello All,

I thought I could start a thread for sharing information, news ,tips and experiences for investors in the London Stock Exchange in either the FTSE100,FTSE250,FTSE350 and AIM.

I mainly do long term investment in a selected few stock that I purchase every month on a standing order basis through my brokers, Hoodless and Brennan. My portfolio includes TESCO, BT Group (from the FTSE100) and 2 Oil companies from AIM (Afren Plc,Fortune Oil,).I chose the first 2 because they are the market leaders in their sector and control over 60% of their sector.They also give out steady dividends and have room for growth. I chose the Oil companies because of their future potential. Afren Plc (owned by Dr Rilwanu Lukman) has already struck Oil in Nigeria and Ivory Coast through their partners which would start to produce by 2010. Fortune Oil has just acquired lots of Oil and Gas supply infrastructure in China and could be the next Cairn Energy,so i didnt want to miss out on this Pennystock going for 8p. (Cairn Energy was a relatively unknown Scottish Pennystock Oil company that struck Oil in India and its fortunes catapaulted it to the FTSE100 list-the 100 most capitalised companies in UK).

Your contributions are welcome

Thanks for this fantastic thread! Good to see another H&B client. They're among the few UK stockbrokers that offer good service at an affordable price. 

TESCO is a hot stock for long term. It's on my list of stocks I'm presently monitoring. I was pleased when I got to know in January that Warren Buffet has it in his portfolio . Food stocks would continue to peform relatively well in spite of the present credit crunch. I invested in BT last year but the stock didn't appreciate much but the good thing is that I was compensated with some dividend. Cable & Wireless/Vodafone looks more attractive to me.

I consider AIM stocks too risky. They're the biggest hit during market turmoil. My profit on Vyke shares (AIM stock) was wipe off when credit crunch struck last year. Nevertheless, AIM stocks still carry a high potential for capital appreciation if you get your entry & exit points right on 1 or 2 stocks selected with due diligence.

What's your view about the energy/utilties stocks? I think it's among the sectors that would thrive regardless of the current recession in the economy.

AIM is where you show your TA skills because I do not think any company there has any sound fundamentals to survive a major recession cycle. However, if you get your entry and exit points RIGHT you will make a killing.This is where CICO jams skill and timing.No Agbero/Ajebo Broker to derail your plans cos' as you are on the phone the shares are being loaded to your CREST account. Energy stock are very volatile because of the politics involved in drilling,shipping,concessions,joint partnership arrangements,etc,etc. It was through the AIM that I realised India,China,Khazastan,Russia ,Ivory Coast also have lots of crude oil reserves with lots of companies raising funds through the AIM. I got burnt in Equator Exploration that were drilling Oil in Sao Tome in a joint partnership with some Nigerian companies, so i'm not too gung ho about them.

[londoncool]

@Londoncool, planta and dollyp1cute
What will the procedure be for someone who wants to start trading in the LSE? And where can one get general info on the market? I only trade on the NSE at present, I've been interested in exploring other markets but with all the talk about the NSE being one of the fastest growing in the world, my interest has sort of waned. That brings me to the next question, how viable is the LSE? What kind of profit can one expect and what are the brokerage charges like? Lots if questions I guess, sooorry :smile: really new to this business.

Where are you based, in UK or in Nigeria ?

[aktopgun]

@ Londoncool

this kain thing dey happen u no tell me bros.

i am really interested sir.

i looked at the LSE a while back but all the brokers were charging more than my budget at the time.

i like the idea of standing orders, kinda like investing in OEICs with a minimum amount every month.

whats hoodless like in terms of the standing orders, execution timeframes etc. Are they discretionary, advisory or execution only brokers?

pls help. need somewhere to kep some freed up loose change other than a savings account.

thanks

@Aktopgun,

LSE is very good for Fixed dividend income. You just go to a supermarket and find out the things that are moving sales and look for the company that produces them (and their allied suppliers) on the LSE. Hoodless do both execution and advisory and transactions take place instantly (just the same minute you are watching those tickers on the Bloomberg Channel). You can also set up standing orders to buy your preferred stock every month.If its through a Share Builder scheme then you only pay £1.50 per transaction. Brokers fee's have come down recently since online trade became acceptable, before you'd pay around £20-£25 per deal. Nowadays you can get them for £7.50.

I have a dummy portfolio on Yahoo! Finance portal,its helpful to mirror the shares you could have bought or the one's you have actually bought.

so bros, just register with them and away i go abi.

pls what website(s) would you recommend abeg. make i try start small small. So AIM is good for TA skills abi? Correct.

holla back pls.

[londoncool]

@Aktopgun,

Well in the FTSE100-you have the 100 most capitalised companies in UK in that league.In theory, they are the one's with the best fundamentals. Next you have the  FTSE 250, FTSE 350 (The FTSE 350 Index is a market capitalisation weighted stock market index incorporating the largest 350 companies by capitalisation which have their primary listing on the London Stock Exchange. It is a combination of the FTSE 100 Index of the largest 100 companies and the FTSE 250 Index of the next largest 250) We also have FTSE AIM UK 50, FTSE AIM 100, FTSE AIM All-Share, FTSE techMARK 100 which are all weighted market index.

Companies listed on the AIM (Alternative Investment Market) do not have enough capitalisation to qualify for the FTSE all share index so they are allowed to raise funds according to their level.The AIM market is volatile as companies rise and fall, disappear and appear within a twinkle of an eye. They do not have the best fundamentals (in terms of capitalisation) so to take advantage of them you need a sound knowledge of TA. You need to check the charts every minute if you want to CICO-here CICO is done by Day Traders who do not hold stock overnight.They buy and sell the same day. You can also hold AIM stock for Long/Medium term but you need to consistently check for any news every day that could affect the stock. That is why AIM "Guru's" have dedicated Bloomberg/Reuters Terminals on their Laptops that give them price movements every minute. Others have software that send candlestick patterns  to their Laptops/emails every minute to enable them decided when to buy/sell.Other Guru's configure their software to send them sell/buy instructions-so they just sleep peacefully and wake up to give instructions to their brokers in the morning. I know lots of Nigerian guys (from my days in FBN(UK) who make a killing-but its very, very risky but profitable.

[aktopgun]

@londoncool

thanks very much. i got a lot of this gist when i was looking into it but not to this depth. cheers.

so about that link to websites that i can do sharebuilding shemes on.....

[Etin]

@LondonCool

Thanks for this information. I seriously believed that the only way to make money in UK from stocks was through Options, Futures and Spread Betting on the Shares. It a relief to know the traditional shares still work.

How do you buy your shares? Do you use your Bank or Broker?

[londoncool]

@LondonCool

Thanks for this information. I seriously believed that the only way to make money in UK from stocks was through Options, Futures and Spread Betting on the Shares. It a relief to know the traditional shares still work.

How do you buy your shares? Do you use your Bank or Broker?

@Etin,

Yeah! The traditional shares still work. Halifax Bank of Scotland have just offered Rights Issue for their investors at a big discount.To buy shares you just need to open a Stock a/c with any Broker and place your instructions with them.Within seconds your orders are made.You can even get Margin facilities without any interest if you know what you are doing

[Billions]

@Londoncool, planta and dollyp1cute
What will the procedure be for someone who wants to start trading in the LSE? And where can one get general info on the market? I only trade on the NSE at present, I've been interested in exploring other markets but with all the talk about the NSE being one of the fastest growing in the world, my interest has sort of waned. That brings me to the next question, how viable is the LSE? What kind of profit can one expect and what are the brokerage charges like? Lots if questions I guess, sooorry :smile: really new to this business.

Where are you based, in UK or in Nigeria ?

Bro, I'm based in Nigeria.

[londoncool]

@LondonCool

Thanks for this information. I seriously believed that the only way to make money in UK from stocks was through Options, Futures and Spread Betting on the Shares. It a relief to know the traditional shares still work.

How do you buy your shares? Do you use your Bank or Broker?

@Billions,

I buy them through my Stock broker directly over the phone, the funds are transfered to my Stock a/c prior to the transaction. Option Trading in UK is a bit risky and I prefer to do mine once in a while through the Chicago Options Exchange in US