1finny
Well-known member
I’ve been using Interactive Investor for a while now - happy with them
Investing In Shares
- Thread starter Randy
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I’ve been using Interactive Investor for a while now - happy with them
Ingleby_Flash
Well-known member
Me too and Investors Chronicle.
Borotommo
Well-known member
I have my SIPP with ii and they're excellent. I pay £20 a month, but that entitles you to ISA and trading accounts too. It's only a tenner if you don't hold your SIPP with them.
They have pretty much all the shares and funds you find anywhere else. They don't charge a custody fee for holding shares and funds like the others. For me it works out cheaper, although I do have accounts with AJBell, which I'm also happy with.
They have pretty much all the shares and funds you find anywhere else. They don't charge a custody fee for holding shares and funds like the others. For me it works out cheaper, although I do have accounts with AJBell, which I'm also happy with.
Redwurzel
Well-known member
Laughing - Value shares are cheap at present (say in bombed out sectors like travel/hospitality/oil) UK shares are the cheapest they have been since 1973 relative to non UK shares.
I don't own them, but Rolls Royce could be worth a long term gamble. Air travel should start picking up from the Spring. I don't buy there will be a lot business international travel because of Zoom. Brexit traiffs should be sorted (famous last words). RR are a world class engineering company that earn a lot of money from maintenance aircraft contracts.
I don't own them, but Rolls Royce could be worth a long term gamble. Air travel should start picking up from the Spring. I don't buy there will be a lot business international travel because of Zoom. Brexit traiffs should be sorted (famous last words). RR are a world class engineering company that earn a lot of money from maintenance aircraft contracts.
Laughing
Well-known member
Redwurzel I would agree with that sentiment but a tariff free deal may be a long way off at the minute. All that is factored in to the price. The trick is finding the companies that can a. Weather the brexit storm and b. Find the opportunities that brexit may bring.
Interestingly enough my isa and pension has rocketed this last 2 weeks I assume due to the US election result.
Interestingly enough my isa and pension has rocketed this last 2 weeks I assume due to the US election result.
Middlesbrough123
Well-known member
I mensioned rolls Royce earlier in the thread , Itl be interesting to see how their fair tomorrow after news earlier that an extra £16.5b is being spent on defence
bear66
Well-known member
Down 1.8%
1finny
Well-known member
Ingleby_Flash
Well-known member
Actually I’m the same percentage gain as, figure must’ve been wrong when I looked, it was around closing so....I must have got in later than you. Only up 23%. Still 23% after a couple of weeks is better than 1.5% in a savings account. Still got the NIO ones at 96% gain. Keep meaning to take a profit on them.
Thanks for the heads up
Still not bad for ten days
Middlesbrough123
Well-known member
Yeah that would tells you some thing if you trade on “news” alone
Redwurzel
Well-known member
Apologies M123 about Rolls Royce - I hadn't read all the previous posts
Laughing - is it all factored in the price? the price is 98p - 12 months ago 240p ok we may lose 2 years of air travel in total then we will be back to normal with some catch up travel added. Covid has forced RR to reduce its costs. A lot of RR revenues comes from outside the EU. To me there is more upside than downside on a 2 year view.
Ref Interactive Investor its owned by Augumentum Capital which is an Investment Trust set up in early 2018. AC aim is to buy and finance new or newish small British companies, focusing on the themes of finance and technology. Its run partly by the guy who set up Betfair in 2000. AC should be a solid investment for the future. I do declare I bought a few shares in it when it was launched (up 38%). I don't own Individual shares at present so don't own RR.
Laughing - is it all factored in the price? the price is 98p - 12 months ago 240p ok we may lose 2 years of air travel in total then we will be back to normal with some catch up travel added. Covid has forced RR to reduce its costs. A lot of RR revenues comes from outside the EU. To me there is more upside than downside on a 2 year view.
Ref Interactive Investor its owned by Augumentum Capital which is an Investment Trust set up in early 2018. AC aim is to buy and finance new or newish small British companies, focusing on the themes of finance and technology. Its run partly by the guy who set up Betfair in 2000. AC should be a solid investment for the future. I do declare I bought a few shares in it when it was launched (up 38%). I don't own Individual shares at present so don't own RR.
Middlesbrough123
Well-known member
RR doubled in a week Last month before declining again . There was talk of a rights issue so their declined some more . The Volatility is there to make money in the short term and the long term .
Rolls Royce is an interesting stock. The defence spending news is good for RR, but I think it'll be a while before their civil aero engine business is back on track. RR engines tend to be fitted to Airbus 330, 340 and 380s and Boeing 777 and 787. Those bigger planes won't be in such big demand as 320s and 737s in the short term.
Redwurzel
Well-known member
I agree new civil aircraft production will be very slow for several years. The airline operators have pushed orders back.
Its often said RR make the profit on the maintenance and spares and sell the civil aircraft engines at cost. I would guess the engine servicing has slowed down as airmiles have dropped, but ity could pick up quite quickly as vaccines are rolled out.
RR also sell engines as back up power in telephone exchanges, and have a marine engine division and someone posted above nuclear industry.
Its often said RR make the profit on the maintenance and spares and sell the civil aircraft engines at cost. I would guess the engine servicing has slowed down as airmiles have dropped, but ity could pick up quite quickly as vaccines are rolled out.
RR also sell engines as back up power in telephone exchanges, and have a marine engine division and someone posted above nuclear industry.
Laughing
Well-known member
RR produce electrical generators? That is interesting and I never knew that.
In any case I am looking for a 10-12 year investment plan(retiring in10 years)and dont have an issue waiting 5+ years to see a return.
When I said "factored into the price" I meant the price is low at the moment because there is uncertainty around the aero industry at the minute. One thing is absolutely certain, the industry will recover. Some players will go to the wall so I would imagine any manufacturer that survives, will ultimately, bounce back to pre covid levels for their shares.
Redwurzel
Well-known member
When mobile telephones were starting to take take off in 1990, I visited a former colleague who worked at a brand new Vodafone Mobile Phone Facility in Leeds - it tracked all Vodafone users in a 25 mile radius. The back up power for the Exchange was a Rolls Royce Engine, if the electricity network went down the engine was turned on, proably ran on diesel.
One reason I tend to avoid individual shares is that you have to develop you own knowledge, when you buy a trust/fund you are buying expertise (for sometimes less than 0.5%).
One reason I tend to avoid individual shares is that you have to develop you own knowledge, when you buy a trust/fund you are buying expertise (for sometimes less than 0.5%).