Penny shares..

BenEddie1112 · #21 27-10-2009, 12:43 PM

Have emailed the CEO's of 2 companies who I currently hold shares in explaining a few of my concerns and requesting their opinion on certain issues. I highly doubt I will receive a reply but passed 10 minutes of my time.

Johnny B · #22 27-10-2009, 01:58 PM

Quote:

Originally Posted by BenEddie1112

Have emailed the CEO's of 2 companies who I currently hold shares in explaining a few of my concerns and requesting their opinion on certain issues. I highly doubt I will receive a reply but passed 10 minutes of my time.

Ahh, your following Warren Buffet's method. Only he has never used a computer in his life.

BenEddie1112 · #23 27-10-2009, 02:05 PM

I'm going to watch the show later on tonight

Was it good if you saw it?

Johnny B · #24 27-10-2009, 03:59 PM

Is was good enough. Exact stories and narrative of his life from the book.

BenEddie1112 · #25 27-10-2009, 05:53 PM

That was a stroke of luck then

What are peoples opinions on RBS and LLOY, my dad is interested in those at the moment and was interested to get someone with a larger amount of experiences opinion

.

sjr4x4 · #26 28-10-2009, 05:59 PM

Quote:

Originally Posted by Johnny B

Ben, looks like you don't have to read the book. BBC2 at 9pm- Evan Davis interviews Warren Buffet, 1 hour special.

Hows your luck?

Watched it, absolutely fascinating. Corporate headquarters with 30 staff and a rented floor of an office block. My garage looked bigger than his office.

Now understand why he's a billionare, never spends anything! Lives in the same house he's been in for years "why do I need another house? I like this one"

Loved the quote from his son, "I havent got any problems with Dads decision not to leave me anything" yeah right....

Johnny B · #27 28-10-2009, 07:33 PM

Quote:

Originally Posted by sjr4x4

Loved the quote from his son, "I havent got any problems with Dads decision not to leave me anything" yeah right....

Found that comment as complete bullsh1t too, he is trying to justify selling his Berkshire shares all those years ago.

If you had invested $1000 in Berkshire shares all those years ago, they would be worth $5m today or something similar. Funny money.

BenEddie1112 · #28 28-10-2009, 10:16 PM

His dad is giving 85% away, meaning his kids will probably get the other 15%, still leaving them with around $6 billion between them

sjr4x4 · #29 29-10-2009, 09:37 AM

Quote:

Originally Posted by BenEddie1112

That was a stroke of luck then

What are peoples opinions on RBS and LLOY, my dad is interested in those at the moment and was interested to get someone with a larger amount of experiences opinion

.

usual disclaimer, only bet what you can afford to lose.. blah blah.. common sense... yawn...

But I love RBS. Bought in at the crash when it was rock bottom, done some day trading, and buying back in as it went up and down, then finally managed to time it right and dumped everything when it reached 57p. It's fallen way back again and toying whether to go back in, or sit tight.

Currently 41p but did slip back to 39. Longterm, 3 - 5 years plus you will get a fantastic return. But if your feeling brave and want a punt, have a dabble in day trading before the world recovers and the markets return to the preserve of the big boys, where a 1p gain over 6 months is seen as exciting

Take a leaf out of Warren Buffets book and buy as much of this as you can, and sit on it for 15 - 20 years then retire happy.

Why? Because all the lemmings have been, and are still full of doom and gloom and will still tell you to stay clear of RBS

A good site to get some basic info is Royal Bank Of Scotland Share Price. RBS - Stock Quote, Charts, Trade History, Share Chat, Financial Terms Glossary.Royal Bank Of Scotland Group Plc Ord 25P

There is a forum on there, but its populated by 21 year old genius's so take anything with a pinch of salt

If you want realtime prices, sign up with Free live share price and research data for the London stock exchange - shareprice.co.uk its a free streaming service.