Member Info for adv11

Jim 800, please go soak your head in a pot of boiling water, and it may just soak in that it isn't the brokers who are the problem, it is an anomaly in the tax system which I can't do anything about.
I love people like you so much that I am going to post here every day. I may even haunt you on other boards yo post on.

Redtom my friend. Nothing is that simple. Before most people on this board had even heard of DGOC, I was spending months trying to get to the bottom of what is a massive anomaly in the US/UK tax laws. I never got anywhere despite promises from Teresa at DGOC, lies from my broker, and complete silence from the only people who know - Computershare.
The one fact is that any bank based broker (HSBC, Barclays, Lloyds, Halifax, I-web etc) gets paid the dividend from Computershare with 30 percent tax already deducted, and they pass it on to their clients without any tax information, so the client gets 30% less, instead of 15 percent less.
I must have been through this 20 times on this board when newcomers keep asking, and most people on here must now have me blocked. The only thing I gained was compensation from my broker for "misleading me" that they knew what they were talking about, and as far as I know, non of the brokers have ever got a reason themselves, let alone a tiny little investor like me.
It also became apparent that some of the new, app only brokers, are receiving and paying out the full dividend, no tax at all, and I am fairly certain that it will result in an eventual invoice from the US tax authorities.
Just watch - next week a few people will be coming on here wanting to know why they only have 70 percent of their dividend, and no one will answer them.
Yes, of course I could move my holding, change brokers. It would all cost me money, if I ever get in profit, I will probably dump DEC. Great for dividends but never going nowhere because it will always have a thirst for more cash.
I do thank you for taking an interest and trying to advise - you appear to own half a million DEC shares ? - but it is such a complex problem. It isn't so much the money, it is the injustice that only a few of us suffer, and as we are such a minority, no one cares. I believe that DEC should invest a little money and pay someone to look into the problem. Unfortunately their motto "Every cent/penny counts" doesn't extend to their small investors.

It is to those of us holding in ISA's with a broker owned by a bank, but please don't mention it on here because
a/ those not affected don't care, and
b/ they go absolutely ballistic every time some mentions it ..... wait for it ......

Just don't mention the massive tax problem. Shush!!!

Further to Cineworld being sued by AEW UK, I see from Value and Indexed Property Income Trust's Annual report (VIP - but not on this site who still list VIP as Vipera) that Boots and JD Sports are another two companies who "can but won't" pay their rent. Fairly disgusting considering that Boots have been open throughout the lockdowns.

Some crucial reading out today in the Annual report. Doesn't show here as an RNS because despite several attempts at asking LSE to change the company over, they can't be bothered. Tried on here, by e.mail and twitter.

Not too bad 2.75p - gives me a 1.5 percent per quarter yield, whereas I was on 1.81 percent.
Just had a top up to get back to round numbers - 185.42p, so it looks like the mass of red sells are actually buys.

I had never actually heard of HeiQ, just a had a quick look at it.
I'm not sure how or why SUPR is showing down 5.5p today - must have been some rogue trade late Friday, although I recorded the price as 118p when I worked out my end of week values on Saturday. Strange !

To be honest, I had a small argument with CSD some time ago about this. (as I have been doing recently). I am sure we all have a dilemma sometime about whether to take a profit or stick with a great yield. Until recently I always opted for the yield. If you get in at a low point, think yourself lucky for once, and be thankful for those dividends. Everything has changed though as people have started trading the quarterly and the REITs, and bragging about it. To be fair to CSD, he is like most of us, a decent enough guy, he just sees things differently, and his post was almost two months ago. I think it was on the AEWU board I had a go at him.
I am beginning to that IF that is what most people are doing, maybe it's time to do the same, but be cleverer and quicker than the rest. A few years ago, I did an experiment where I traded my quarterly dividend shares, usually keeping £1000 in each but adding say £4000 a bit before ex-divi date and selling straight after. Both times I tried this I actually made £2500 extra dividends in the quarter, and lost £2500 in capital doing the trading. It may work in a rising market, but not in a falling one, which is why most people don't trade quarterlies. Hope this makes sense.

0.75p Fully covered. Money in the bank. RLE puts bigger property companies to shame.

Midas tips are always well leaked before publication, hence the rise in WHR and PCA over the past week. Just after a Midas tip is the worst time to buy in.

Forgot to mention - notice the big rise over the last few days ? Typical Midas at The Mail - a very leaked article always leads to a big rise before it is printed.

@TheLoaf - I am slightly negative on PCA because I am a long term investor at much more than 200p. Yes, for those who bought in at 200p, it's been a nice rise and a decent dividend. For the few who were invested and were persuaded top buy more with fake talk of a takeover, the dividend has been cut massively and not reinstated, and neither will it ever be in my opinion. I was getting 6.4 percent yield, I am currently getting under 4 percent, which isn't what I invest for.
On the positive side, (maybe not) it is tipped today by Midas in The Mail. So come on guys, get buying in and let me slim down and reinvest elsewhere. You will note from the article that Midas tipped it at 312p in 2014, and I only actually bother posting on here because someone is still ramping about the takeover, and I don't want others taken in by him. Especially when he talks of Real Estate Investors Paul Bassi as being the guy doing the takeover. People say "don't blame others for your losses" - I don't.... but I will continue to challenge blatant rampers and bullies.
https://www.dailymail.co.uk/money/investing/article-9703729/MIDAS-SHARE-TIPS-Amazons-landlord-deliver-profit.html

Don't know you mojo because I long ago stopped reading the BP board, but I agree with a lot of what you say. I have been standing up to bullies on other boards these past few weeks and it's a pointless task, except it does infuriate them. You can almost feel the heat coming out of their ears. Trouble is, by attacking them, you can become the bully yourself when they start crying.
As a "quarterly dividend investor" I have noticed that over the past year, more and more traders are using these companies with the aim of gaining dividends, and trying not to lose more capital than the dividend. Companies that hardly ever make a move are now traded a few weeks before the ex-dividend date and straight after. It is working for the traders because we have been in a rising market. It won't work in a falling market. They will lose exactly what they gained in dividends, or more.
But, yes, I have been told to invest in cash ISA's by the bullies. Nasty little people sat at their keyboards because they are anonymous. For a long time I have looked at it like they (and myself) are all cartoon characters. Absolute jokes, losers. Droopy, Huckleberry Hound - I've come across the lot. Just laugh at them mate, and concentrate on yourself.

AEW UK successfully sued Cineworld and another tenant who could pay but wouldn't. If there was arbitration I am sure they would have used that. When NRR gets nearer to 75p I may buy a few. Long way to get though, and no good news likely.

Added a few on today's dividend announcement. Ruined my average and dropped my yield of course, but will give more scope for profit taking in the future and the dividend after this one comes quickly. As DEC is SDV's biggest holdings, maybe investing is SDV is a more tax efficient way of holding DEC (for those of us having to pay 30 percent withholding tax) ? Must look into this a little more. Both DEC and JIM are fairly certain to rise from here, that should add to SDV's NAV.

Could bring the price crashing - announcement not made until after the bell, so I am sure some people will be trying to buy lower and sell existing holdings. Hopefully not ! Would have thought the company would have commented.

To be fair, that is exactly what these boards should be used for, instead of the constant bickering that goes on. I'm as guilty as the next person, but some boards are so toxic that any questions are totally ignored.

It has had a fantastic run. I sold out to take profits some time ago and reinvested a smaller amount in my ISA. Cost me my yield of course, but can't have it all ways.

Four dividends of 1.79p to come over the new financial year, if all goes to plan. Gives me a yield of 6.4% or 1.6% per quarter. Happy with that.