Viewing Thread:
"FTSE :("

Any of you lot got any shares?

No matter how good of a invester you are, any shares you have at the moment you have probably lost money. I have anyways :(

I could have sold my HBOS shares for £8.50 a few months ago but now they are about £5.50 :(

Could be a really good time to invest at the moment...Anybody got any good tips?

cookie monster wrote:
> Shadow wrote:
> cookie monster wrote:
> >
> I also see they have signed a contract in Germany, introducing the
> technology later this year. It was 34.5p at close, i think i may
> give
> this a look.
>
> Did anyone have a look at this, current price 47.5p.
>
> Dammit, i was tempted to do it as well, but i lost my bottle.

Keep an eye on it, with the rise this week there is bound to be sellers and the price will drop. Take a look at www.iii.co.uk, look at the discussions on Torotrak and there is some useful information.

Shadow wrote:
> cookie monster wrote:
> >
> I also see they have signed a contract in Germany, introducing the
> technology later this year. It was 34.5p at close, i think i may
> give
> this a look.
>
> Did anyone have a look at this, current price 47.5p.

Dammit, i was tempted to do it as well, but i lost my bottle.

Buy! Buy! Buy!
I'm glad the FTSEs falling down. It means us little people can afford shares now... make some wise choices, and those shares will be back to their 1999 peaks in no time.

I hope.

Or maybe I'm just going to lose the small amount of money I invested. Such is life.

Well, personally I'd only buy shares via unit trusts that have guaranteed returns- in the long term they are guaranteed to make more money than any bank.

BTW, read my last comedy post...

I've got shares in my dads name with BT. At one stage they peaked at £15 a share. I told him I wanted them to be sold. He got greedy with MY money and didn't sell them. The next morning they dropped back to £12. Now they're less than £2 a share due to the stockmarket crashes.

If you had bought $1000.00 worth of Nortel stock one year ago, it would now
be worth $49.00. With Enron, you would have $16.50 of the original
$1,000.00. With Worldcom, you would have less than $5.00 left.

If you had bought $1,000.00 worth of Budweiser beer one year ago, drank all
the beer, then turned in the bottles for the 5 cent
deposit, you would have $214.00.

Based on the above, my current investment strategy is to drink heavily and
recycle.

Sonic

cookie monster wrote:
>
> I also see they have signed a contract in Germany, introducing the
> technology later this year. It was 34.5p at close, i think i may give
> this a look.

Did anyone have a look at this, current price 47.5p.

Thanx for that little lesson there SonicRav :)

My HBOS shares bounced up about 10% today on the back of higer than expected profits so i'm happy :)

Also got paid today :)

Its all good :)

This is how the stock market works:

Take a piece of paper and draw a pair of axies- bottom one being time, and the side one being share prices. Now draw a straight line with positive gradient. This is how share prices, over a long period of time work- even taking into account slumps in the market.

Now, at about the middle of last year, the dotcom bubble had caused the market value to go well above the line on the predicted graph. So it collapsed from there to where it should ahve been... and kept on going.

But the fact is that the actual state of the ecconomy and strength of companies means that the market will go back to its proper value in time.

Simply put, the stock market is only worth investing in for the long term. Oh, and usually with guaranteed returns.

cookie monster wrote:
> I also see they have signed a contract in Germany, introducing the
> technology later this year. It was 34.5p at close, i think i may give
> this a look.

Torotrak are holding there AGM today, below is their AGM statement. As IO said before this is an all or nothing stock, but it looks promising.

Torotrak plc AGM statement

July 25th 2002

Torotrak, the Infinitely Variable Transmission (IVT) system development company,
holds its AGM in Leyland, Lancashire at 12 noon today. At the meeting the
chairman will provide to shareholders the following update:


"At the time of our preliminary results in May we said that there had been a
dramatic increase in the level of interest and involvement from the automotive
industry. I am pleased to report that this is being maintained and our marketing
programme is continuing successfully. We signed a licence agreement with Equos,
the development subsidiary of Aisin AW of Japan, in January and in February
their team of engineers arrived here in Leyland to work with us. We have made
huge progress in the technology transfer process and, having met all of their
initial targets by May, they are now working to produce their first prototype
Infinitely Variable Transmission.


Our programme of demonstrations has been in progress continually since March and
we reported in May that we had attracted particular interest from the German
manufacturers. Last week we announced a licence agreement had been signed with
ZF Friedrichshafen AG, the leading European tier 1 supplier of automatic
transmissions. Engineers from ZF will be joining us here in Leyland immediately
after the summer break to begin an evaluation programme similar to Equos. This
is expected to lead to further commercial agreements between us. Negotiations
with other German manufacturers continue.

Senior executives from Ford US and the UK arm of their Premier Auto Group
visited us here in Leyland earlier this week. We had an excellent project review
meeting with them and a number of technical and commercial points were
discussed. Ford are now considering the next steps in the development programme.


Our strategy of targeting car manufacturers and tier 1 manufacturers is proving
successful; we continue to expand activity within the industry, and are working
hard with many of them to achieve production ready status. Over the next year we
expect to see external signs from our licensees of continuing progress towards
market launch.


We remain confident in the guidance we gave at the preliminary results in May,
that volume production and the resulting royalty income remain a question of
timing. With continued tight control on cost, and no need for further funding,
the board remains confident in the long-term prospects for the business."


Contacts

Maurice Martin / Rebecca Joyce Torotrak 01772 900900

Frank De Maria / Sarah Tovey Brunswick 020 7404 5959

Visit our website at www.torotrak.com

Notes to editors

Torotrak plc

Torotrak have developed the Infinitely Variable Transmission (IVT) which enables
significant fuel saving whilst providing a refined drive experience. The
company's long-term strategy is to generate royalty income from the sale of IVT
equipped vehicles by car manufacturers. The company is working with partners
from across the industry to develop products for market launch.

Highlights from the past year include:


* strategic milestone of "concept readiness" achieved with GM;

* licence agreement signed with Equos, the product development subsidiary of
Aisin AW of Japan, the worlds largest independent manufacturer of automatic
transmissions;

* Equos confirm evaluation targets met and that the IVT provides significant
benefits over the best of the competition;

* licence agreement signed with ZF Friedrichshafen AG, the leading supplier
of driveline and chassis technology;

* aggressive marketing and demonstrations of latest generation IVT vehicles
attract strong interest and praise from a wide circle of top level
automotive executives;

* strong financial position to pursue strategy through to market launch
without further funding.