Console yourself mate. I bought loads at £2!My portfolio is down about 7% since Feb which doesn’t feel too bad compared to the 25% that the market is down. It helped that I bought some at the bottom of the market around the start of the first lockdown.
I see Biden as being good for world markets because he will address Covid urgently which will be seen as beneficial even if there’s a short term drop off in economic activity.
I managed to fuck up and bought Centrica when it was 80% down from its peak. It’s halved again since then.
All this is in my opinion mate, and I'm not giving advice here, I want to make that clear as I'm just a retail investor likeDo you think there’s still some value to be had if I were to invest in it in the next few days? I cashed in one of my SIPP funds last night with a view to dipping into NIO after reading about it on here. I’m only talking about roughly 5% of my portfolio so nothing major.
All this is in my opinion mate, and I'm not giving advice here, I want to make that clear as I'm just a retail investor like
your self
I've did my research and I'd advise anyone looking to invest to do the same as NIO is still a very speculative stock and still very volatile as a company they are still losing money so don't invest what you're not prepared to lose
I'm not going to say invest or not you need to make that decision yourself,
NIO in my opinion has the potential to be triple digit stock by this time next year, I plan to hold my shares until $250 which I believe is achievable in the next 3-5 years (fingers crossed)
The big institutions are loading up with NIO at the minute, it's them that have driven the price up over the last couple of weeks, but it's all based on the good news which keeps coming out on the company
I do think at some point there could be a pullback, I actually expected it yesterday (Friday) but it only dropped 1.5% (which was retail likely taking profits for the week)
November 17th is NIOs 3rd quarter earnings report which many are predicting to be pretty good, especially if they increase margins which is expected and get closer to profitability
There is much more coming out constantly they are expected to increase manufacturing by double over the next 12 months, only yesterday they revealed a 100kwh battery which gives 600km range and a 150kwh battery is due out next year (900km range)
Elon Musk even tweeted about NIOs SP saying 420 (tesla SP) is better than 42 (NIO SP), a bit cryptic but everyone knows what he meant, it looks like he knows where the real competion is going to come from in China
So there you go mate a few of my thoughts on NIO
If I was looking for a price point to enter I would just jump in now, with this type of stock you just don't know if there will be a real pullback but even then I wouldn't expect a big pullback it will be high 30s if that happens,
but then it could end up doing what Tesla did and never look back
Also just a quick point, I wouldn't be surprised if NIO offer more shares and dilute again as they have done previously, dilution is looked at as a bad thing short term, but it depends on what is done with the money, NIO last time bought back 8% of the company from the Chinese government so this money was used wisely and was seen as a good move by wall street
So if you were to buy and they do dilute there will be a correction in the SP but how much that correction would be who knows
Sorry for the long post but I hope it helps
Have a look at this fella on YouTube he invests in NIO and has done really good due dillegence on them
7-8 years could see a really nice return mate, good luck and enjoy the rideCheers for that mate. Think I’ll dip in. I can’t access my SIPP until 2025 at the earliest and not looking to access it for another 7 or 8 years at least so I’ll give it a bash. As I said, it’s only about 5% of the value of my whole portfolio
7-8 years could see a really nice return mate, good luck and enjoy the ride
NIOs a bit like that mate, it's going to make a lot of retail investors very wealthy people, there are many out there with thousands of shares purchased in low single digits, especially when it was on the verge of BK and once NIO hits triple digits there are going to be some millionaires madeImagine holding this share before it took off like it has done, would be like winning the lottery if you had withdrawn the profits. https://www.thisismoney.co.uk/money...T-REPORT-Novacyt-turned-10-000-nearly-1m.html
All this is in my opinion mate, and I'm not giving advice here, I want to make that clear as I'm just a retail investor like
your self
I've did my research and I'd advise anyone looking to invest to do the same as NIO is still a very speculative stock and still very volatile as a company they are still losing money so don't invest what you're not prepared to lose
I'm not going to say invest or not you need to make that decision yourself,
NIO in my opinion has the potential to be triple digit stock by this time next year, I plan to hold my shares until $250 which I believe is achievable in the next 3-5 years (fingers crossed)
The big institutions are loading up with NIO at the minute, it's them that have driven the price up over the last couple of weeks, but it's all based on the good news which keeps coming out on the company
I do think at some point there could be a pullback, I actually expected it yesterday (Friday) but it only dropped 1.5% (which was retail likely taking profits for the week)
November 17th is NIOs 3rd quarter earnings report which many are predicting to be pretty good, especially if they increase margins which is expected and get closer to profitability
There is much more coming out constantly they are expected to increase manufacturing by double over the next 12 months, only yesterday they revealed a 100kwh battery which gives 600km range and a 150kwh battery is due out next year (900km range)
Elon Musk even tweeted about NIOs SP saying 420 (tesla SP) is better than 42 (NIO SP), a bit cryptic but everyone knows what he meant, it looks like he knows where the real competion is going to come from in China
So there you go mate a few of my thoughts on NIO
If I was looking for a price point to enter I would just jump in now, with this type of stock you just don't know if there will be a real pullback but even then I wouldn't expect a big pullback it will be high 30s if that happens,
but then it could end up doing what Tesla did and never look back
Also just a quick point, I wouldn't be surprised if NIO offer more shares and dilute again as they have done previously, dilution is looked at as a bad thing short term, but it depends on what is done with the money, NIO last time bought back 8% of the company from the Chinese government so this money was used wisely and was seen as a good move by wall street
So if you were to buy and they do dilute there will be a correction in the SP but how much that correction would be who knows
Sorry for the long post but I hope it helps
Have a look at this fella on YouTube he invests in NIO and has done really good due dillegence on them
Exactly some will be making fortunes of it.NIOs a bit like that mate, it's going to make a lot of retail investors very wealthy people, there are many out there with thousands of shares purchased in low single digits, especially when it was on the verge of BK and once NIO hits triple digits there are going to be some millionaires made
The big boys missed the run up with NIO they knew about it but ignored it, retail investors who did their DD new what was coming and with the biggest risks come the biggest rewards
No I haven't been investing long mate, since the 1st lockdown so had time on my hands so did some reading and researchingExactly some will be making fortunes of it.
Have you been investing long?
I recon you'll get a decent return on anything held over 5 years mateA good summary.
i bought NIO at $4 something back in Jan and intend To hold it for 5 years or so.
FTSE soaring. Centrica up 12.5% today.The FTSE100 in general is down 25% on this time last year. A FTSE managed diverse fund, when Coronavirus is sorted, will likely make you money. The DJIA is already nearly back to pre Covid levels.
If Centrica's new management team can sort itself out 37p is a bargain. They were trading at £4 a few years ago!
Whole market up 5% due to vaccine prospectsFTSE soaring. Centrica up 12.5% today.
I think you can only buy their own funds on their trading platform.Just a question,
I have recently started investing in mutual funds through the Vanguard platform, i would however be interested in investing in specific organisations. Does anyone know if this can be done through Vanguard or would i have to open up a trading account elsewhere?