Tag: CEY

Aand we’re back in with a modest investment. This is one I’ve been in and out of, trying to ride the waves. So far that has paid off. Not a recommended investment method on its own, but small amounts of speculative money on top of the main Buy and Hold strategy.

All cash is now committed so will need a sale to add anything new anywhere.

I have a mental note to complete the Portfolio Q2 summary. A few things have been going on in the background, which has delayed this, but it was another quarter of outperformance.

Buy @ £0.90 with a 3-4% Dividend yield whilst I wait for the value to climb.
Portfolio %: 1.8%
Total Portfolio holdings: 1.8%

TEP (Telecom Plus BUY), IGG (IG Group top-up), BATS (BAT top-up)

June 21, 2023

Charlie Croker

Portfolio No Comments

888 cash burning a hole in my pocket.

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CEY (Centamin – Sell) / 888 (888 Holdings – Buy)

May 15, 2023

Charlie Croker

Portfolio No Comments

OK, so after musing over the weekend I’ve swapped my Centamin Holdings for more 888.

Centamin just trundles on. I don’t think it’s ever going to make vast profits – a lot of it is given away as parts of its Joint Ventures with (say) the Egyptian Government. Reviewing figures it seems to be moderate feast and moderate famine, a lot depending on the Gold price.

Nothing fundamentally wrong with the Business but I’m happy to trade the cycles, so if it drops to double digits I’ll revisit it. I’m happy to sell at a 10% profit over 2 months.

Sell price: £1.0981

Buy price: 99.25p

Dividend income: 0

Gain: 10% total (0% + 10%) 60% pa (linear, not compounded)

As promised, I’ve topped up my 888 Holdings at 82.3p to a shade under 8% of the whole portfolio. That will do for now.