Author(s): WALTERS, Michael
Publisher: Sidgwick & Jackson Limited
Year: 1987
Language: English
Pages: 144
City: London
Tags: boiler-rooms, charting, cyclicals, dealing spread, fallen angels, insider trading, investment, miners, newsletters, options, over-the-counter, P/E, PEP, seasonality, speculation, share shops, shell companies, stockbrokers, stop-loss, tip sheets, unit trusts, USM
How to Make a Killing from Penny Shares: Front Cover......Page 1
Short Title......Page 3
By the same Author......Page 4
Title Page......Page 5
Printer's Imprint......Page 6
Contents......Page 7
Dedication......Page 11
Introduction......Page 13
1. Penny Shares--The Pluses and the Problems......Page 17
Room to Grow......Page 18
Small is Beautiful......Page 19
The Arithmetical Advantage......Page 20
Ignorance is Bliss......Page 21
Penny Share Problems......Page 23
The Roller-Coaster Trap......Page 24
Selling Snags......Page 25
The Dealing Spread......Page 26
Trading Costs......Page 28
2. Are You Fit for the Penny Share Game?......Page 30
The Financial Essentials......Page 32
Unit Trusts......Page 33
Personal Equity Plans......Page 34
A Penny Share PEP......Page 36
What Makes a Penny Share Punter......Page 37
The Right Temperament......Page 38
Insider Trading......Page 39
How Much do You Need?......Page 41
3. What is a Penny Share?......Page 43
Par Values......Page 44
Splits and Scrips......Page 45
The Other Investment Basics......Page 46
What are Profits......Page 47
Extraordinary and Exceptional Items......Page 49
Dividend Cheques......Page 50
Auditors' Report......Page 51
The Chairman's Statement......Page 52
Extraordinary Meetings......Page 53
Presentation......Page 54
The Stock Exchange......Page 56
How to Find a Broker......Page 57
How to Use Your Broker......Page 58
Agents and Market-Makers......Page 60
Account Trading......Page 61
The Unlisted Securities Market......Page 62
The Third Market......Page 63
The Over-The-Counter Market......Page 64
Crooks and Cheats......Page 65
The Policemen......Page 67
Building Societies......Page 68
Share Shops......Page 69
Money Rules, OK?......Page 71
Everyone a Winner......Page 72
Why Penny Shares are Different......Page 73
Assets, Assets, and More Assets......Page 74
Where to Find True Value......Page 75
Fixed Assets......Page 76
Asset Value Per Share......Page 78
Asset Extras......Page 79
Property Companies......Page 80
How Much Asset Backing?......Page 81
Price/Earnings Ratios......Page 82
Dividend Yields......Page 83
The Mystery Share Movers......Page 85
A Modest Market Value......Page 87
Share Stakes......Page 89
The Message in the Share Price......Page 92
The Charts......Page 95
Option Deals......Page 96
Newspapers......Page 97
Magazines......Page 98
The Tip Sheets......Page 99
Other Sources of Information......Page 100
Backing the New Boys--Second Chance Time......Page 102
Judging the Quality......Page 104
Tackling the Deal Documents......Page 106
Following the Money......Page 107
The Price......Page 108
Checking the Team--and Their Advisers......Page 109
The Backing Group......Page 110
What Next......Page 111
Bad is Beautiful......Page 112
Recovery Shares......Page 113
Cyclical Stocks......Page 116
New Ventures......Page 118
New Issues......Page 119
Mining Companies......Page 120
9. When Not to Buy--and the Time to Sell......Page 122
Never Borrow to Buy......Page 123
Gossip......Page 124
A Falling Market......Page 125
Late News......Page 126
Cutting Your Losses......Page 127
The Stop-Loss System......Page 128
Taking Profits......Page 129
Selling Half......Page 130
The Standard Rules......Page 131
The Day to Sell......Page 132
Sell in May......Page 133
Tax......Page 134
Words of Warning......Page 135
Index......Page 136
Rear Cover......Page 144
