focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Just to let you know that the CSDI portfolio has now been closed, with funds used to pay down debts.
Accordingly there will be no more postings from me.
Many thanks to those that contributed their time and ideas to offer help.
A special mention to Alas_Smith who has provided many thought provoking insights on this thread.
Best wishes and GL to all.
Thank you - CSDI
Good evening Brigadiers,
This is just to say good bye and good luck to you all.
Thanks for all the fun and banter etc.
Mr & Mrs CSDI have decided to stop trading. close the SIPP and use the funds to pay down debts.
Thanks to everyone for sharing ideas on trading , investing and general topics.
Keep safe and take care all.
GLA, Cheers - C
Afternoon all,
P/F making up a little bit of yesterdays falls.
Sold 100 of my IMB shares @ 1643p this morning, which were bought in Feb for 1411p, for £215 profit (15%) using another of my free commission trades, leaving two more freebies to use when I'm ready.
BEG is my star performer today - up about 6%. Intend to hold that one for a while yet with TP of 145p.
Not expecting any more trades today, so can keep head own with caseload.
T - One of your old shares PLUS is on the move I see.
N & n - keeping the board busy today, must be deputising for S & O.
M - has Percy eloped with a gf
V - Having fun with recovery plays ? I never know what's left in their tanks, as SPs already high in many cases.
I'm looking at boring old CNA to see if holds 52p level, TSCO down with ex-divi might allow a chance to repurhcase in next few days around 220, and VOD down 10% this week might be worth a trade.
GL everyone - cheers - C
Evening Mr T and all
Hope I've not missed last orders.
Was disappointed with CEY today - esp when you look at POLY in comparison.
Hope CEY has a steady climb after a poor 9 months or so.
Very unfair to the donkey - to be compared to Boris
Evening all
Just one trade to report - sold TSCO just before close @ 231.6p for a less than hoped for profit of just £66. Was aiming for £100 but todays sell-off put a stop to that idea. With going ex div tomorrow didn't want to hold as more chance of falling back to support at 220 rather than my target of 235 (short term resistance). Might be a trading range for others to look at from 220- 235. Used one of my free commission trades as compensation for the delayed dividends.
Quite a nasty day on the markets by look of things, but my attention needed for several cases with 31st May deadlines.
Hope everyone come out relatively unscathed, as I've seen a fall of about £325 today (0.8% of p/f vs FTSE fall of 1.2%).
Will have to work out a schedule to tackle my current p/f as 13 out of 14 shares in the red; as I plan to transfer the SIPP in due course. Reluctant to crystalise losses unless necessary, but some of the older ones may need longer than it is worth hanging on for.
Cheers for now - C
Hello Mr T
Excellent post and great to see we have other avenues of dicussion.
I just think not many use this part of the site as it should/could be used - for general chats.
Today has been the first time Mr & Mrs CSDI been out for lunch this year (not via drive through) - hurrah
What's your tipple Mr Tibbles ?
I am sure we will all be queueing up to get a round in
Cheers - CSDI (Crap Share Dealing Ideas)
PS. Good to see Foxes win the FA Cup for first time in their history. Great tradition of the FA Cup lives on.
Evening all
Wet weekend ruined both cricket matches. Both games started then abandoned hours later - really frustrating.
O - I am only "the scorer" as retired 23 years ago after back op. The standard here is far superior to the level I could play at.
The league is the Cheshire Premier, where a number play at minor counties level. Yesterday was the National Club comp, and was set up superbly after opposition scored 245-9 off 40 overs, and we were 16-0 in reply after 3 ovrs, when stopped for lightning. Got pretty complicated when my team asked me what was going to happen under Duckworth Lewis (DL) rules, so just as well other scorer was the senior county scorer and knew how to locate the DL-tables. Then we had thunder and heavy rain, so match has to be replayed in a fortnight now.
Another "non trading" day for CSDI, with FTSE down a little and my p/f edged forward another £300 or so, to another 52 week high valuation !
n - yes good to see Leicester win FA Cup for first time.
T - assume you've done some trading on NCYT today - I decided to leave alone as would have to sell all to make it worth while and sitting on a loss. too risky if SP rises and can't get back in as just crystalises the loss. My target is 450p to sell my cheapest batch ( 399p + costs), then £5. Also the spread can eat nearly 2% a lot of the time, and it costs at least 3% for me to trade £1000. Would be different of course if trading batches of £5-10K but then I would be taking too big a risk. Things will change when I transfer account, but needs to be timed well as will not have access to trade while t/fer takes place. My plan is to let my current trades run their course first then review what to do with my HY shares.
Cheers all - C
Evenin all
End of interesting roller-coaster week for us all.
No trades for CSDI to report today, but pleased with late bounce up.
A gain of £564 today for the p/f, which leaves me down £129 ( 0.3%) for the week.
Oddly enough I am happy with that as FTSE down 86 pts or 1.2% for the wk.
25 batches (for 15 shares) in progress, with only 2 showing >£50 gains and 15 losses, and the other 8 all within +/- £50.
After discussions with broker Embark today, they have offered some compensation for delayed divis, but unable to offer future discounts for frequent trades. Accordingly I will be clsoing the account in due course and transferring elsewhere.
In the meantime I will want to complete my trades as planned, and then have to decide whether to close all of the older losing trades and move to 100% cash or allow an "in-specie" transfer which can take up to 90 days to process, and leave me unable to trade or access my shares.
Looking forward to cricket tomorrow weather permitting and a cup match on Sunday. The team got to Lords a couple of years ago and wow would that be a dream to be scoring there ! (lightning not likely to strike twice though).
Have a good weekend everyone. Cheers - C
O - Not surprsing we are down from last week. My score is a tad worse at 1.6% down so far, but that compares favourably with a 2.33% drop in the FTSE100. must confess I never use the "all-share" index, as I tend to be mainly in FTSE100. My s/sht tells me my p/f is FT100 = 52.5% ; FT250= 15.9%, small = 4.7%, AIM = 21.4% and ETFs = 5.5%, which gives a sound base and high risk mix.
Cheers again - C
O - Interesting call to sell BEG. I am in no rsuh, altho may have bought too near the top @ 124.2p
I've got more shares than normal with 15 now; although 4 of them only tot up to £6K.
amazed that I have 5 shares with no divi and 3 shares with <3% yields - a huge change from what I had when applying to join the Brigadiers. Still got just over 50% of p/f in FTSE100 shares, with AVST at 10.6% of p/f being my 2nd highest.
Pleased with my diversification as got 14 diffrent sectors covered, so hopefully avoid any sector specific crashes.
After being overweight in GSK, IMB and RDSB they are all closer to 10% each - which sounds like one of your hypotetical plans of 10 shares @ 10% each.
Funny how I've picked up bits of ideas from you, T & S in the main, and changed my style.
Time will tell if it proves to be a good move or not !
Cheers - C
end of day spreadsht updated - no trades done.
P/F down £317 and ex divs to be paid 122, gives fall for day of 195 - not bad at all with the FTSE down 40 pts.
I don't call it a loss as nothing sold, so should not call it a profit on an up day either - unless actually sold something.
With 6 share sales this mont so far, all at a profit, am keen not to chrystalise any loss. How long can I keep that going for ?
Of the 25 batches purchased only 3 in profit, so could be hard work ahead.
Cheers & GLA - C
O & T - good for you to have the cash ready to invest. Hopefully good opportunity to pick up some bargains.
Annoyed with myself for buying HMSO yesterday as I knew the scrip divis would effectively dilute the SP, but got my day wrong as saw a decent fall yesterday thinking that was it. Doh - so today was the day and its fallen a fair way. Hey ho, may have to trim my target price from 40p down a penny or more and then try to trade in lower range. At least it is smallest part of p/f. AVST my best performer today as fall is less than the divi, after going ex-div this morning - but early in the day yet.
GLA - C
Morning all
Very sick looking p/f today. All of mine down big style. 2.8% drop so far, excluding the ex-divs which save approx 0.2%
My drop gigger than the FTSE which is nver good.
Tin Hat needs reinforcing I think.
Will weather the storm for now, as still do not want to take losses, and give time for recovery.
Question is which ones will not recover. Ummm
Hope everyone doing better than me.
Cheers & GLA - C
Eveneing all
Ended up with little over £300 gain today, so recovered a miserly 1/3 of yesterdays falls.
Pretty mixed day, with my old FTSE100 HYers all gaining over 1% and RDSB >3%.
NCYT losing another 4% today is in a real dog trend - down 17 days out of 21. At 8% of my p/f and down 16% to date, has knocked approx 1.5% off my total p/f. The FY results for 2020 are not published until end of June, which is near the 6 months limit allowed for AIMs to submit iaw LSE listing rules. Another positive RNS is needed, as the last one on 23/4 moved the SP up 50% over a couple of days before this continual fall to below £4. I will review again when (not if ?) it's down 25% which is my normal tolerance for a share.
GGP had a good day as most here will know, but it's only 4% of my p/f, so does not have dramatic effect for me as it does for some of you guys.
I've a couple of ex-divs tomorrow so expect AVST & RDSB to slide down the hill, and would like to think some divi money will move towards next weeks ex's of CEY, GSK and TSCO. The divi trade is a good idea in bull markets but can be a disaster in down trend. Last week was a very nice shock when POLY went up 2% on ex-div day despite having a 4% divi, made an effective 6% rise on the day. A few more like that would be greatly appreciated.
V - getting a good boost from GGP and ABDX - nice one !
O - good luck with AINC
K - I'm always a little wary of big special divis - often come at a cost. Sometimes better to wait until after the divi and buy more shares at lower cost for future divis etc. FGP used to be a good high yielder but SP has fallen a long way since I held them at over £2, but that was back in 2012 !!
T - Interesting call to take the losses on NCYT and ARB. I've taken many in the past and found more often than not that patience would have been better. Eg sold BT @ 109 in July 20 after holding for over a year at cost 154. They did go a bit lower but now back to near 170p. I am trying hard not to take any more losses, but will inevitably have to accept some in due course. As you say the opportunities to make other profits have to be factored in.
Meanwhile trust you are adding more to the ASC catalogue.
S - Soon be ready to come back and trade again, once the porch estate is fully refurbished.
N - good to hear the p/f picking up with the help of GGP - one of the brigadier favourites.
Cheers all - time to prep for a little chess comp. - C
Afternoon all,
Been busy picking up an old Ford Mondeo and flogging my VW golf Estate to Webuyanycar. At least it's cleared the o/s finance with couple hundre to put towards the old banger, which will be shared with my 25 y/o. I can save the monthly PCP now, and as long as the Mondeo survives over 4mths, I am no worse off - other than running in an older car, rather than the nice modern automatci. It's given the 19 y/o a bit of impetus to go and buy himself something as well - the insurance is crazy for him so could not afford to put all of us on cover.
I did manage a sneaky purchase this morning before going to buy and sell cars. Bought just 3K of HMSO @ 36.8p with my last grand, so another share to watch now - 15 in total - which is quite exciting for me LOL.
P/F clawing back bits of yesterdays falls, made up about £250 so far today, a long way short of the £1K drop.
GGP half way to my 23p target.
HMSO TP is 40p.
Who was asking about LUK2 ? It's just a structured ETF based on the FTSE 100, but it is leveraged so moves x 2 roughly.
The FTSE is up about 1% today and my share is up 2% . so works ok.
Fully invested atm and little nervous about pull backs. News with Israel not good - always chance of middle-east troubles escalating.
GLA - back later - C
Evening peeps
The spreadsheet updated - ouch !
My fall for the day was £978 so pretty much in line with %age drop in the FTSE.
Having closed another trade (ASEI) in profit, the cupboard is bare now with options.
Of my 24 batches, only 1 in profit - with IMB up 10% from purhcase on 19th Feb. My TP for that batch is 1670 which may be a tad optimistic now as a trader, but should achievable as a longer term target.
My current p/f is looking very sick now, having taken profits on 21 of my last 22 completed sales.
May need to consider taking some losses to free up capital, but I am trying to work to Warren Buffet's Rule No. 1.
Let's see what tomorrow brings.
Cheers & GLA - C
** CSDI TRADE ALERT **
bought 8 units of LUK2 @ £278 each an hour or two ago. Hope for a FTSE bounce back tomorrow.
Kept a little back in case we have another drop, so enough to add 50% if needed.
rough day all round for me down approx £1100 so far, with FTSE @ 6928 on the HL 15 mins delay.
It could of course get much worse as we head towards the close.
Tin Hat still on - naturally !
Cheers & GLA - C