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Robleo AIC site UK equity income. Would advice going to HL to check dividends, specially dividend growth. Most have a dividend reserve. All I bought in march 2020 increased there dividend.
https://www.theaic.co.uk/aic/find-compare-investment-companies?sec=UGI&sortid=Name&desc=false
Trotsky, I agree diversification is very important these days, and it's always good to share ideas that have worked well, thanks for that, Lloyds is my largest stock and lgen being my second, wish it was the other way around, but not the right time to make those changes at the moment, also have mng,dlg,phnx,vod,smt,saga and 5 funds, difficult times for going into growth shares i think and knowing my luck they will turn into shrinking shares instead lol, not so much of a problem if your thinking long term perhaps, but for me with only a matter of weeks before retirement, it's all about dividend stocks for myself right now, will soon be transferring my works pension into my hl sipp, so will be looking for a couple more dividend stocks away from from the insurance and finance sector, as I'm already a bit heavy in that department, so if anyone would like to suggest any other good dividend stocks with a good entry price to look at or research, would be very interested, have been looking at Persimmon and Barret developments, but think the housing market may have further to drop yet
cheers guys and best of luck with your investments, we all need a bit of that, and if i can find another as good as lgen has been for me will be happy about that
robleo, Never overlook diversification; its not good to have all your eggs in one basket. There are a number of companies offering decent yields (over 6%+) outside the insurance sector if you care to look.
On the flip side you might like to have the self-storage sector, the yields aren't as good but the long term growth prospects are currently excellent. I first bought Safestore back in 2017 at 381p. Five years later the shares have nearly tripled in value and my original holding is now yielding 6.5%. Ignore EPS and concentrate on adjusted EPS (property revaluations tend to flatter the bottom line and be cyclical but don't pay the dividends). The sector has taken a bit of a bashing over the last six months (at the beginning of the year I was looking at close to a fourfold increase in value) but they are actually the type of business that can thrive in recession (when the housing market starts to stall people start using self-storage). The sector is still quite fragmented in Europe (compared to the USA) and fairly nascent. Safestore, unlike Big Yellow and Lok N Store, has a presence in Europe. Also make sure to understand the figures e.g. new units coming on-line can flatter/distort year on year growth rates (always check out like for like growth). I honestly think that Safestore, Big Yellow and Lok N Store could all easily double in the next five years (I've recently bought some Lok N Store because I think that could be set to do a Safestore in the next five years as its new property pipeline comes on-line), if not more, because the European market is ripe for consolidation and, if US market is anything to go by, there remains good scope for above inflation storage rate increases.
Thanks for all your wise comments guys, the way i see it, the share price will rise at some time, but we just don't know how long that's going to take, so if funds allow topping up at a discount price and increasing the dividend yield and lowering your average is probably the best thing we can do for now, of course there's never a guarantee that the dividend will not be reduced or cut, but i can't think of any other shares more reliable than lgen for paying out on dividends.
soton, there's always a risk taking on a new share, as the dam things don't always go in the direction we would like, but i wish you all the best with it and I'm sure you will do ok
Hope your right....With Poly4 in the pipeline think AAL could be a long term winner imo
AAL
Nice increase in dividends
Nice special dividend
200%+ increase in share price over 5 years.
Specials aren't included in headline Dividend. So overall decent share.
Yep each to there own Trotsky like you i hold for long term income.....60 in a couple of years maybe retire then if things pan out right...the way the cost of living is going will be working till i'm 90 lol......Rob took the plunge with GLO sold half and have invested in AAL hopefully good long term growth with a 7% divi....Time will tell
To invest or not to invest that is the question. Personally, I am investing for long term income and, at these current prices, am willing to accept some (hopefully) short term capital losses to secure the good yields on offer, assuming that current dividend payments are maintainable (whether future dividend growth rates will have been impacted is probably the more pertinent question at the moment). It's always nicer to get even higher dividend yields if the opportunity affords itself but I'm not in the business of trying to guess the top and bottom of the market.
My conundrum is however slightly easier; I don't have any large lump sums to invest at the moment. I'm simply reinvesting small sums accumulated from my dividends as, and when, the opportunity arises. The question you have to ask yourself is how much further do you think the market could fall (the economic situation could certainly get a lot worse but markets don't always follow the short term economic trend because at the end of the day there are always funds on the sidelines waiting to be invested) and what income (dividends) might you have to forego before that point comes e.g. if you think the market might fall a further (say) 10% in the next year is it worth foregoing a dividend yield of (say) 8% on the possibility of something that might not occur.
Not yet still holding GLO......Wish i had a crystal ball maybe sale and buy here then sale when time is right...still looking to buy mining stock again it's difficult times at the mo
Hi soton, yes it does seem a good buying price at the moment, we all want to try and find the bottom price, but it's not so easy in practise, but good advice doing it in a couple of stages, and as long as it's below your current average, your going to gain from it anyway, did you find that extra stock to invest in after ?
Hi Rob don't think you can go wrong at these prices.....maybe do a drip feed?
@ dogger, I think your right the drops haven't finished yet, I must admit I'm guilty of making a few top ups too early, so holding back for a while now
I'm a bit heavy in insurance/financials and banks, and most of my shares have dropped into the red now, thank goodness for the dividends
maybe the rest of you have shares that are performing a lot better than mine, so if i can ask you all a second question, which shares are performing well and making good gains right now guys ?
cheers all and good luck
My view - for what it’s worth because I am usually wrong - is that there is still some way to go down. There is so little good news out there and little obvious sign of any.
I too am sat on cash and will stay sitting on it for a while longer.
Holding back some cash for topping up, the big question is when will the share prices reach the bottom and enter a Bull market, hold back too long and could lose out, but maybe too early yet, answers on a postcard please lol