The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Looking on the brighter side, silver lining and all that.
Based on that and the already massively slashed dividend there’ll be bugger all tax to pay anyway! Lol
Yesterday i sold out of Glen to jump ship for the Taylor Wimpey dividend (4.79p). Given their yield and that when interests rates lower house sales will rise, their should be a decent capital increase before long.
Maybe i’ll come back to Glen later in the year for the much longer term. But right now before the split it feels like treading water.
UK plc should get it’s act together. Be nice to
Mine the materials, make the batteries, build the cars and recycle them all within one business. Even Tesla don’t do that because mining to too hard to get into.
Glen could become HUGE if they bought someone who makes EVs!
Imo of course and i am sometimes dumb!
You bought at 39p and are worried about losing 5p from £1.39!??
Interest rates lowering in around 3 months, i’d expect this to recover quickly. Last March it took 2 weeks to make back the divi drop and as much again. I bought more yesterday knowing it will drop but i wanted the divi and moved out of Glen into this only because glen slashed their divi. A pure Short term Gamble, but it’s all a gamble.
I’ll pull out of this and back into Glen longer term later in the year after both TW divis banked and lower interest rates help house sales recover. Haven’t got a clue what i’m doing. I would hold out a while longer TW is a solid company but it all depends if you can afford to gamble.
39p to £1.39 or £1.30 is still good money made. But “greed is good!” Lol
I get it’s part of the dividend thank you.
I was selling out after 8th April after qualifying for £1k
This morning i’ve dropped best part of £5k through this wonderful performance.
I buy for dividends lately, when i buy and sell is determined by them. Justify holding long term for gains if you like but there are stocks like Lgen which make this look pathetic now.
And he’s on the prime minister’s business council!!
It’s not what you know, it’s who you know.
I am looking at this set of results wondering if BDev even have a future! Incredible timing, i had been looking for around 10p as a dividend but 4.4 makes it not worth holding at all. I can make more shoving the cash into a bank account!
Humble is spelt “HUMBLE”.
I’m not down that much to be honest but when i read others saying they have an average of £1.10 i try not to rub their nose in it. I’m probably down around £6k since buying in but other investments outweigh that so i’m not worried. Rather than post what might make others feel silly i’ll just say that there’s a B side to every record and it makes a man of you to talk about your failures as well as your successes. Those who have bought in higher, this isn’t a short term share, it will come back but it’s good to know when to cut your losses, at least they reduce your tax bill.
I don’t give advice but i’m sure the “oracle of ealing” has some duds in there somewhere too.
Thanks and Schjmh
If the people who own this try using on Chrome they’d realise that it’s apalling! The screen jumps all over the place every few seconds desperate to try flogging me trainers, toasters and god knows what other cr@p! That’s the world of targeted marketing for you, i bought a toaster in 2004 so i guess it’s kind of relevant. Lets just hope AI starts focussing on the “I” side of it’s name or when the alians invade we’d better hope they’ve got “Nike” plastered over their space ship and are simply here looking for a discount!
Kind of glad i went bigger on Lgen than Glen purely for dividends but sad to see Glen here. I’m in profit by a long way but this really should be over £5 in my book. Going to hold till it splits and see what the future looks like
Ok so any ideas on how the Split and break from coal will affect longer term holders? I have a sizeable holding snd am not sure if i should be reducing or adding. Tempted to sdd by the reports of explosive growth in metals business but not if at the expense of a huge drop when it splits which could take years to recover.
Do we get rewarded when the split and list in the US with some of the value created?
With ii the ROC if you opted for cash in USD it’s held in your account and can be used to trade. If you want to withdraw money you have to convert the USD to Sterling to get access to it. It could be made more obvious by ii as you have to go hunting for it really!
Yep. That’s how to look at it. If i’m locked in for a bit that’s fine, the divi is guaranteed now. My view is that BARC should help it lift. I’ll be out at some point ideally within the week and then into Glen. ;-)
Lots of talk about divi.
I’ve bought in for the divi which is a certainty. You chase capital gains and bank dividends. Sure it can and most often does drop but a good share bounces back pretty soon with general market sentiment which doesn’t feel too bad this morning
Topped up at £4.13.
Might go lower tomorrow but held 50% back in case it does.
If it drops under £4 that really will be bonkers and maybe something will leak?
10% down on the day and 15% for the week!! Crikey!