Buying Shares

[Notafettler]

A better example
Perpetual income and growth
Opening price
184.60p
Year high
342p
Year low
157p
Based on present price 80% gain to get back to year high.
Present dividend 7.75%
Better still if you had it closer to the bottom!!

 

[Eziemnaik]

Now though who says it is close to the bottom yet hehehe

 

[Notafettler]

Now though who says it is close to the bottom yet hehehe

Very true.

 

[PeteXXX]

Wait until Warren Buffet starts to buy back in....

 

[Notafettler]

Wait until Warren Buffet starts to buy back in....

Hasn't he? He has been buying Apple for ages.

"Apple has nearly doubled in value for Buffett
At the end of 2018, Berkshire Hathaway's cost basis in Apple stock was $36.044 billion. Berkshire owned 254.5 million shares at the end of the third quarter, which would be worth $66.9 billion at Apple's current stock price of $262 per share.17 Nov 2019"

 

[PeteXXX]

That was then, this is now..

 

[Notafettler]

Well I bought Lloyd’s shares. They were priced low before the Covid crash then they almost halved. Dividend yield is good, way better than current interest rates so I thought it would be a good time to buy. I’m expecting a big boost after the Covid recession but I don’t plan to sell, I fancy them long term.
Shares values have always recovered well after any crash.

https://www.moneyobserver.com/news/...il&utm_campaign=MOgold300320 (1)&utm_content=

 

[Notafettler]

Pharma, but the shares tend to be very costly to buy.
Check the vaccine manufacturers maybe

Little profit in vaccines add in the amount of companies trying to produce one and expect the market will be flooded with vaccines. Personally I think the pharmaceutical companies are working on the vaccines to protect themselves from bad publicity, as in they couldn't be bothered.
On the other hand the testing machines are flying of the production lines. Some will be able to detect the virus in a sample with in 10 minutes. Technology!!

 

[vickster]

Couldn’t be bothered? About what?

I was discussing with a friend, apparently none of the 5 major global vaccine manufacturers have been engaged to manufacture a Covid vaccine yet

 

[Notafettler]

Couldn’t be bothered? About what?

I was discussing with a friend, apparently none of the 5 major global vaccine manufacturers have been engaged to manufacture a Covid vaccine yet

"Big Pharma companies and biotechs are racing to come up with an effective treatment for the Covid-19 novel coronavirus."
https://edition.cnn.com/2020/03/30/investing/coronavirus-covid-19-vaccines-drugs/index.html

 

[Notafettler]

Couldn’t be bothered? About what?

Not very well explained. I meant the pharmaceutical companies didn't want to look like they couldn't be bothered as it would be bad publicity.

 

[vickster]

Big Pharma companies and biotechs are racing to come up with an effective treatment for the Covid-19 novel coronavirus.
https://edition.cnn.com/2020/03/30/investing/coronavirus-covid-19-vaccines-drugs/index.html

Research and manufacture of millions of doses isn't the same infrastructure however

 

[Notafettler]

Research and manufacture of millions of doses isn't the same infrastructure however

I have no idea of what your point is?

 

[Notafettler]

Pharma, but the shares tend to be very costly to buy.

Could you explain what you mean as in costly to buy. An example would be adequate.

 

[vickster]

Could you explain what you mean as in costly to buy. An example would be adequate.

as in the cost of each share