Wednesday, 24 August 2016

Battle for the Nemesis Share

The Nemesis Share title has moved for the second day running as AFG:Aquatic Food shunned the title by forking out the overdue £45 dividend and climbing 0.5p. This actually resulted in a 2p increase in the bid price and reduced the loss from £879 to £692.

OPTI:Optibiotix was caught napping. Although the share price also climbed 0.5p, the bid price stayed the same,  so the loss stayed at £797 and fell below Aquatic Food to regain the title of Nemesis Share.

How long will these two battle it out for the title?

The nearest contender is AFPO:African Potash, which sits at £636 loss. Aquatic Food has almost overtaken it, and if all my feelings about Optibiotix are correct, that will soon overtake as well.

If this happens I have a distinct feeling African Potash will hold the title for a long, long time.

Only two more shares come anywhere near.

TND:Tandem Group have been stuck on a £545 loss for months. With so few shares in issue nobody buys or sells it. I still believe the post-trading statement and then post-Brexit drops were way over-done, so hope this will start climbing again at some point.

LOOK:Lookers has been on a bit of a roll lately, selling the parts department and buying two new companies. It was in full-blown nemesis territory when losing £1,000, but has clambered back to a £480 loss now.

I guess if I have a Nemesis Share competition, I ought to have a Star Share competition for the one making the biggest profit.

It would have been GVC:GVC Holdings, but I screwed that up by bedding them into my ISA and effectively wiping out the profit from £1,499 to £83.

In 3rd place at the moment is TLOU:Tlou Energy, making a potential £422 profit. The speed these are going up, they could be a contender in the near future.

2nd place goes to IOG:Independent Oil & Gas, with a potential £457 profit. These may struggle to keep up with Tlou, as I have six times as many of those.

Star Share at the moment is CWR:Ceres Power Holdings, making a potential profit of £705. I have twice as many of these as Tlou, so if they start to sneak up they will go very fast. Problem is they haven't sneaked anywhere for months. Some news on successful commercialisation would be the kick start required. Come on Honda - get that hydrogen powered car built!


Today wasn't as spectacular as yesterday, but the combined portfolios were still up around £500. TLOU:Tlou Energy was the only double-digit riser, climbing 10.7%. Biggest surprise was MSLH:Marshalls climbing 9.8%. Can one of my "safe" FTSE 250 companies actually get into profit?

Tomorrow is a really big day. ALM:Allied Minds and JLG:John Laing Group are both posting interims, but most important of all my re-instated Nemesis Share OPTI:Optibiotix is also posting an interim. Whatever they say, it's likely to either make or lose me a lot of money!

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