Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
T - One of our cats regularly helps Mrs CSDI on the NHS laptop - great for chaos !
Talking of jabs - juts taken 25 y/o for his 1st one - assume special queue jump becos of medical records (epilepsy) - no idea how that effects things. Then Mrs CSDI has her 2nd jab on Sunday (NHS front line) and I get my first jab on Monday. We are all at different centres in same town - very impressed with roll out so far - no doubt EU want to spoke in our wheels.
S - hope you consider had good value for money on old porch. Good luck with refit project.
Having sold BATS yesterday - used money to buy NCYF - as a slow HYer. Pays 1p per qtr on 48p cost - will look to sell again at 51p if it gets there.
Got too many on my watchlist now with adding back BATS to AVST, CNA, GGP, HMSO, MCRO, PFC, POLY, etc
S - RNS for NG spending net $4B on Western Power. SP been stuck for few months now.
N - nice work on 888 - I've always got an eye on RNK but can't fathon why SP so high when business is closed.
M - Fat cats always a problem - metaphorically or not LOL
GLA - C
Hit my sell target with BATS @ 2746, after buying @ 2546 on 2nd March.
Only 100 shares but net profit just over 6%.
I'm more inclined to aim for 5% profit now rather than my previous 10% where I am trading.
Notice that I have sold 4 trading shares this month, rather than just buy and hold.
Still have my core of HY (8)shares and just 1 trading share left now, although do have 4 batches to trade out of the HYP.
The loss on PFC has undone the profit on my other trades this month and taken my p/f back to b/e for the year - arrgghh !!
Cheers - C
Hi Guys
Don't let the "tax tail wag the dog" !
No point taking a money loss to save % in tax. Esp if you expect SP to recover.
Only take loss if you want to be out of the share.
what's the point of losing £1000 to save 10% if Basic Rate payer or 20% if higher Rate payer.
Make sure you use "his and hers" allowances where you can too.
I've nver made any profits to worry about CGT, and no longer have any investments outside my SIPP.
When used to have investment account was in joint name with Mrs CSDI !!
GLA - C
Morning all
The days getting longer now - managed two short walks yesterday - and when it went dark watched a few chess games for my team. Unusual as my games in the same match being played tonight. Pleased to say the team are finishin this season with a rare win as already lead 5-1 (against the league whipping boys) and my two results won't cost us anything if I lose LOL.
Our club is planning on running its annual congress in September, if everything slots into place - proper chess - face to face over the board (OTB) - provided we are all safe to return to OTB.
All 10 of my shares down a bit today - nothing new there then.
Should be a quiet day for my shares - nothing planned in the CSDI account - got some way to go to hit any of my targets.
Cheers all - catch you laters - C
O - The capital gain is based on contract completion date, so will be when trade executed.
Have had case where business is sold, with 50% payment yr 1, 25% yr, 25% yr 3.
The CGT is all due in year 1 for the whole price/gain - can be nasty that one
Cheers - C
Strange how AZN had good day with all this negative coverage - typical stockmarket reaction eh.
S - Very brave going back into PFC so early. I missed my escape yesterday so took bigger hit this morning. My fear is the contagion of the tender ban. I suspect we have more downside before bounce back, and am keeping my funds available, as lucky got 1/3 out @ 133.4 before the more painful hit with 2/3 @ 101.8. Might employ a bit of T's tactics and use same proceeds to buy more shares.
Cheers all
Also thinking that big oilers are steadying up, decided on another top up for RDSB to reduce my average cost from 2371p to 1973p, not that I expect a full recovery, but hope to trade in and out to cut overall loss.
dispappointed by PLUS today. Typical that I got in at top of the days bounce, but do not understand the incredibly low P/E, which is lower than IGG's and CMC's. Maybe they have some issues not covering positions, but I would have thought all CFD providers have guarnteed win, by setting off buys vs sells and putting any net balances remaining against another market maker. A bit like book-makers - should be able to cover all positions with computer programs - not like old days of manual calculations. My father used to be a "settlor" at one time running from his employer to another bookies.
Welcome N - to the inititation procedures to become a Brigadier.
I have only "signed up" recently and not yet got my badges, due to shocking trading results.
Must say very friendly and helpful on here - I have had lots of support - which is appreciated and badly needed.
You can use me as an excellent contrarian indicator - if I buy - you should not, and if I sell - you should consider buying.
Andn ow for the formal introduction:
My name is CSDI - Crap Share Dealing Ideas (I am blessed with natural ability that buys a share just before dropping like a stone and selling just before flying-off to blue skies !
Cheers & Good luck
Morning all - bit of early morning activity on CSDI account.
Sold PFC @ 102p - later than should have done. Suspect one tender ban may become more.
Bought PLUS @ 1376p (just 150 of them) as my first foray for a short term trade. Hoping for a bit of CMCX-like bounce.
GLA - C
S - That's nice n' decisive with PFC, and I may well regret sitting on the fence when tomorrow comes. It seems the proverbial "bad things come in threes" has happened today, but as T wisely says - you've taken the pain .... let's hope you get the reward with the gain !
My shopping list is getting bigger and now put SLA back in the basket with the drop down to 284p, after selling last week at 306p.
Looks like I was bit too eager to take profit on CMCX, but the whole sector looks great value with IGG and PLUS in the mix.
I am keenly looking at POLY as a combined HY/trading play, but nervous with the Gold trend, and already got enough CEY.
Cheers & GLA - C
T - Thanks for the condolences (PFC) LOL.
I am looking to employ your strategy of buying more shares with the same money.
This is where my "small batch" mentality saves me from major losses.
I was lucky that I had sold (only 1300 shares) this morning at 134.7p, which had cost 116.6 on Feb 5th.
Looking to see if PFC re-establishes a trading range above £1, but it may be heading south first.
Am trying hard not to lose on trades, but it is difficult if SP falls below cost LOL.
School report always said - Must try harder
Cheers - C
PS. Added IGG and PLUS to my shopping list, as the latter has even better P/E than CMCX.
with 12% of p/f in cash - this is chance to pick up a decent bargain if I can find one.
Oh heck - PFC problems - thanks to Mrs CSDI I've been busy all afternoon playing furniture mover - back and too to the tip with old sofa and packaging, to make room for new Sofas. Mind you could always be worse LOL .. as I sold 1 of my 3 batches at 134.7p this morning and almost bought back at 133.
Painful loss - question is - where does it go next ? Normally review at 20-25% loss to review original idea.
This was a risk/reward when first bought at 113 and two months later back to just below where I started from.
Average cost of 133p, and next to decide whther to take loss or buy back what was sold.
Common sense says take the loss and walk away. The risk taker thinks - has this been oversold again.
Hope others had better day than me !
Cheers - C
RIP - Murray
Its go go go
And anything can happen .... and it usually does
Must say the England vs France match was a bloody good watch.
Explosive start by the French and strong finish by England.
Could easily have gone either way, and another TMO ref might not have given the last try.
A shame no supporters allowed yet , but we must be getting closer.
Doing some research to see what share I can buy next week. Putting together a bit of a list to consider:
AVST, CNA, POLY.
Take care all - C
Afternoon folks, Late to attend roll-call today as work interfering. Fun'n'games with a set of accounts, and some bad news with a major client heading for closure before end of month it seems.
V - Congrats with PS5 - that's been a struggle. My idea of games is "online chess" mainly with Lichess (FOC). I've not won a game since last year, but did play an ex-Kenyan champion from Nairobi Chess Club recently. I've had 3 games in a "open section" congress where players are rated higher than me too. Was given a default win last night as my intended opponent withdrawn from congress, so one more game in that in a fortnight.
Just sitting on myhands with p/f today, so will be looking for my next trade over the weekend.
Have a good weekend everyone and enjoy the wines, while I will settle for a few pints of tea as Mrs CSDI is tea-total LOL.
I will make up for it when meeting my best friend in due course - hopefully before we go to Japan.
Cheers & take care all - C
Afternoon all
Something wrong with my p/f - CMCX shows as + in P&L column where I thought it could only show as minus LOL.
So thought it best to sell at 415p - most unusual for CSDI as 10% profit hit within 3 days. Did not expect that.
now need a pull back to have another go before Q4 update on 8th April.
Notice Gold was up this morning, but my CEY given it all back. No worries plenty of time with that one
Cheers - C
boing said Zebbedeee - time for lunch ! Think I will give the walk a miss today. blowing a hoolie in Cheshire and was lots of rattling last night.
S - Yes MCRO confoundng the CSDI divi test. If you look at HSBA and PSN today both down about 25-50% more than their divis, and I would hazard a guess they will drop further pm today as sellers take their divi and look for the next trades ! It seems the FTSE100s get malleted on ex-div day if the divi is more than 2% of SP. Years ago it was a nice way to make money, as little movement on ex-div day, you could buy just before and pocket the div on regular basis. Obv market news on ex div day can change everything, but generally Thursday is a down day with the divis giving the push down. Just my observation.
I've noticed a poster (Patient) doing very nicely by trading VOD for a penny or so a trade. If you have time might be worth looking at, as seems to have running orders to sell or buy if price goes up or down. Nice earner if you can do it.
Thanks to T I've boosted by PFC position from 2500 to 4000 shares, split over 3 batches. Another jump to 137/138 will see me off load 1300 bought @ 116.6, but that looking quite a long way ahead atm.
Time for a bite to eat, then back in office at 1pm, and look at markets around 4.15-4.30
Cheers & GLA
Morning all,
Unusual for CSDI to trade early doors, as normally tied up.
sold MCRO @ 478p, was expecting about 8p lower, so made a 1% profit with divi in LOL.
Notice it seems to be going up now, so another bit of bad timing me thinks.
bought PFC 1500 @ £1.334 (nets to 1.344to get lower average cost than my sale of 1000 @ 137p (nets to 135.5)on Friday, to cover £15 comms x 2.
T (and everyone) - thanks for all the help/support/comments etc
Off to work now. check in at lunch.
Cheers - C