Robbie Burn’s Trading Diary
I’ve also been married for some time (since 2009) to Dialight (DIA). From 150 to a tenner. Again, nothing there yet to make me think of a divorce. But if it comes up with anything bad, I am so out. Potential new marriage: Porvair (PRV) – one I’ve held for some time and keep adding as it goes up. Lovely trading statement this month. I am beginning to think I’ll be with this one for some time to come too. An ‘in and out’ thing (‘scuse the intimation!): Kentz – A great buy around 360s/70s, a great take profit around 430s/40s. What’s not to like about a predicable trading range? And perfect for a nice rolling spreadbet — it does take its time to do it though, the lazy thing. A new affair: London Capital Group (LCG) has new management and I’ve bought some in the low 30s. Directors have been buying and it trades under its net cash. If the new boys and girls can change things around, it wouldn’t take too much to see it into profit; could be a nice tasty fling for me.
Bid prospects too, further down the line. Probably will only end up as a quick fling, although you never know. Shiny and New: (Touched for the very first time) Filtronic. (FTC) Really sexy one. 4G. See, told you... 4G !!! Wow!! Yeah I haven’t a clue what 4G is either, but who cares? Great trading statement — in at 16p, and the 30s, I was out around 69 and back in at 53. That is it. I’m not married to this magazine plus I only get paid in two nice meals a year (editor note — expensive ones!). So I don’t see why I should write anymore this month. I’m out, where are the divorce papers?! PS. A final tip: the one song you should never ever consider as your first dance at your wedding: “What’s the sense in sharing this one and only life, ending up just another lost and lonely wife, you’ll count up the years and they will be full of tears...” PPS. I have not had a row with the wife. (Well a minor one, but we made up).
May 2013
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