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here we go SLA at £3
this is a descent rally 272p
i had to top up this morning so everything is ok.
Another 7.3p of in 2days time these could be on the way to under £2 going down every day since results
Lambcurry13
Yes, dividend payments are included in individual share performance.
Volcano I agree 250p a good entry point were I purchased some more today to add to my long term holding.
Zac that's a good return on your funds...have you included the dividend payments on your shares.
Hi Zac
Thanks for sharing that. It makes interesting reading. I did have some money in lindsell funds and made decent returns a couple of years ago. So will need to look into that again.
Hopefully your individual shares will pick up - they are all companies where i would have bought into (i held bt shares and sold out and considered putting proceeds into Vodafone!).
Fund managers do have the benefit of large research teams
Hi farhantahir
Yes, the Woodford situation is not good and has had a knock on effect for some of the individual holdings within the suspended fund.
Having said that here's a comparison below as to the overall return (capital & dividend) over the last 12months of 5 funds I hold and 5 individual, dividend paying, shares I own.
Funds
Fundsmith +15%
Lindsell Train Global / UK equity +16% / +12%
L&G Global Health / Int Index +8% / +7%
Shares
L&G -2%
BP -7%
Taylor Wimpey -3%
Vodafone -9%
SLA -15%
Now you could argue that my stock picking is appalling (you'd probably be right!!!!) however it's clear to me that the funds I invest in have produced a far greater return over the last 12months and seem less volatile when compared to some of my individually held shares.
i think 250p is not a bad entry
Hi Zac
Thank you for that. I did have some money in funds (getting burned by Woodford!) And will be looking at how this saga develops to see if its something I can handle.
Yeah I'm wary of dividend cuts - especially in a down turn market. But I'm happy with a yield of 6% at the moment as over time it should grown. I'm looking to have atleast 3 (Or potentially 4) income streams though. Will consider your advice though :) (just making my plans at the moment (or over the next 7 months!)
I have a core holding and have been adding on weakness .....I think it's a good long term hold and great dividend.
zac0-4 What are the yields on the managed funds as sounds a good way to diversify and still hold some shares.
farhantahir
I'd be very wary of simply chasing dividends. I make this statement from personal experience! I have an overall portfolio (I'm retired and have been investing for many, many years) split between single shares and oeics (funds). The funds, over the long term, have caused me less headaches than the individual company shares.
I'm now in the process of moving from individual shares into managed funds and simply selling units on a quarterly basis to provide income. Fundsmith, Lindsell Train Global / UK equity, Evenlode Income / Global Income, L&G International Index have simply outperformd most of my individual holdings over the long term and seem to be much less volatile. I thought I was safe (for example) in Vodafone!!
Results really aren't that bad at all. I'm looking to get into here - but waiting for the right price. There's enough cash and assets to support a long-term dividend at current levels (IMO). The move into China looks interesting. 8% Dividend - you can't go wrong. My target over the next 15 years is to have a portfolio that yields around £30k pa in dividends (miles away at the moment...). This looks to be a good candidate to add to help achieve that! :)
GLA!
I bailed here in April at around 277 ex dividend ... so back in between 257 and 249 ....
Fingers crossed.
I'll continue to add at these levels and reinvest dividends, I also like that we are making moves in India and China so see this as long tern value play.
I'll continue to add at these levels and reinvest dividends, I also like that we are making moves in India and China so see this as long tern value play.
Can't understand the market these days. ABC co declares profits down but less down than expected, so SP increases! SLA declares profits down and SP declines but did the same 'experts' expect anything else? It's a lark these days!
Also, the SP has been run down for few days. Leak? Hard to prove not!