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OUCH



So I imagine everyone, not just the China Dolls, has taken a hit on the stock market these last few weeks. However, our optimistic treasurer always sees these times as a buying opportunity. Many stocks will have been oversold, so for those of you starting up - why not do some research and buy now. Things can only get better - and invariably they do.


As a club of 22 years standing, we have weathered a number of market "crashes", but our portfolio is still well ahead of the game - don't despair.


AB Dynamics: We had high hopes for this AIM company when we purchased some shares back in 2020. They specialise in providing new technology/testing for driverless cars. They have been shortlisted by the British Excellence Awards for the Year, category in Engineering. The winner will be announced in March. It is a company for the future, so we are holding on. It's early days.


BHP: A number of articles have been written about this large, steady, company during the month. Questor (Telegraph writer) thinks it is grossly undervalued. Demand is growing for Copper and Nickel needed in the production of electric cars. We have held this share for many years and are showing a 75% profit. A definite hold.


Clinigen: Triton Investment Management Company has raised its bid for Clinigen to 925p (currently the share is sitting at 903p) in a bid to persuade the large investors to agree to the deal. But some say that price still undervalues the company. Having only recently bought into this share in 2020 at 722p, we wait in anticipation.


Croda: One of our favourite and long standing shares has taken a big hit this month and is now sitting at 7820p. But look back just six months and in August 2021 it was priced at 7812p. It's a great company, be patient, it will recover.


Dechra: A number of positive articles were seen about Dechra this month. It was promoted to the FTSE 100 from the FTSE 250. It reports strong revenue growth and a confident outlook.


SIMEC Atlantis Engineering: One of our "bloomers"! This was a speculative share which we purchased back in June 2019 and unfortunately we have lost most of our investment. It's too late for us to sell now - HOWEVER - unbelievably there is a share price forecast for 2022 of 45p - it is currently sitting at 1.30p. For those brave souls out there - perhaps an opportunity to buy.


DECISION:


We only had £1000 to spend this month and decided to add to our holiding in Dechra.


OTHER MATTERS: Pam S. and Christine (me!) will be featured during the Mello zoom meeting on February 7th. https://melloevents.com/

Pam S. and Hazel will be attending the Master Investment Show in London on Saturday, March 19th.


DISCLAIMER


The China Dolls is a group of private individuals who meet regularly to discuss investment strategy and make investments based on the collective opinion of the the group.

The China Dolls is not in the business of offering any form of advice on investing or other financial matters.

The content of this blog is not to be considered an inducement to trade as we trade and is offered for illustrative purposes only.

Any use you may make said content is entirely your responsibility and The China Dolls will not be held liable for any losses you may incur as a result of using this blog to help you trade.









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