Hammerson (HMSO) were tipped as Investors Chronicle magazine “Value stock of the year” today (page 20). I fully expected to see that the share price had risen on the news, but shares had actually fallen a little.
Hammerson are a European property firm that invests in and develops shopping centres, retail parks and prime offices through operations in the UK, France and Germany. According to the Share Centre Company Overview “Its portfolio of around 1.2 million m² of retail space and over 260,000 m² of prime offices is valued at around £5.7bn.”
News that Bwin have launched a number of online poker and casino games in Denmark might sound like good news, but I believe that competition in Denmark is tough with nearly 40 operators chasing relatively few people.
Ever since I started on my journey as the Amateur Investor I’ve been building up my share and fund holdings. Some shares and funds have been bought for the income they produce, some shares and funds have been bought for growth, and some shares purchases have been a complete punt.
Whatever the reason, buy has been followed by buy. Not a sale in sight…
Today’s Shares magazine leads with, “Where to stash your cash – 12 trades to beat volatile markets”. The article outlines the “big issues which now face investors” and Ross Mould and the Shares team “select 12 pick designed to shelter and augment the value of portfolios in the coming weeks and months”
Some pound cost averaging of AstraZeneca (AZN) kicked off today’s share purchases, followed by purchased of Cookson (CKSN), Devro (DVO) and Umeco (UMC) on the back of share tips in The Independent this morning.
Lots more pound cost averaging (i.e. trying to make the average price I’ve bought various share at cheaper as the price has been dropping) of PUB, OCDO, BPTY, XMCX, HSX, HSBA, BPI, HWDN, LOG and SGP.
I hope the term “pound cost averaging” doesn’t haunt me.
Now that I have confirmed than the Premium Trading option has been successfully added to my dealing account with The Share Centre buy making a test purchase of Barclays (BARC), I’m keen to follow up with many more purchases today. Continue reading →