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Dan
I have to say I disappointed with your continued abuse. (of Mikey)
I thought you were better than that.
Yes I do have a sense of humour - honestly - and normally enjoy the VODbanter.
But give it a rest mate
cheers - C
Steve
Are you going to get your £18 ?
Or can the SP hold above the 52 week low. we are only 1-2% above the lows and a break through there would send it towards your £18 target.
I was rather hoping the announced 110p (2nd) divi would act as some support for the SP and move back towards £25.
Oh well fingers crossed for a while.
GLA - C
LTI
What is your current position, do you have an SB open ?
I've sold out this morning as lost patience, as the trades were not moving in the hoped for direction.
One step forward, two steps backwards this month.
I've just managed to make enough to buy two Mac Big Meals this month (with LLOY),
Decided to redeploy funds partly to PSN for the better divi and POLY for the risk/reward opportunity.
Part of my decision based on completing 10 trades in a month (with AJ Bell) to retain the lower commission cost.
I could have done better using an SB account, as the short term nature would cost less then the stamp duty and comms.
I decided some (15) years ago not to use SBs as got badly stung by CMC when my account was wiped out by a nasty fall on US30 where my stop loss was 100 pts below entry, but gapped down and CMC closed the position at 1000 pts loss, before the index returned within hours to my entry price. A painful and costly lesson when the bet was a few pounds per point.
Later on they mentioned if I had used a "guaranteed stop loss" I would have been covered - although that costs a bit extra on the opening spread.
GLA - C
H Everyone
We all recognise that we are free to post what we consider to be relevant topics on here.
LTI is clearly in a league of his own with his domination of the LLOY threads.
Can I suggest that LTI keeps one thread running on his SBs, so that we do not have dozens of different threads every day/week. We could then see all the history of LTI's successes in one place in one thread.
For those that are not interested in his SB epics can then ignore one thread rather than dozens.
For those that wish to follow and comment, it would all be in once place.
Good luck to LTI and everyone investing/spreadbetting/shorting in LLOY.
Cheers - CSDI
difficult to understand Mr Market today. PSN down nearly 5% on what looks a reasonable update.
The next divi confirmed at 110p to take the annual divi to 235p again.
with a P/E around 9 and divi at 11%, it must be worth allocating some part of a p/f to this.
So i've decided to sell one of my trading batches in LLOY and switch to here.
LLOY seems to be hitting a brick wall and PSN is sliding down the snakes and ladders board.
It's only very small beer in an ISA, and takes my average cost down to £22.17 per share from 22.77, having had the 125p divi on my first purchase.
The danger here is that we are hitting fresh 52 week lows and may trigger a further downfall. If it drops another £1 or so, then I would be tempted to cash in my last trading batch of LLOY and top up here. First batch cost £23.76 before the 125p divi, 2nd batch £21.69 and this 3rd batch £21.00 all including stamp duty and commission.
Time to sit it out for a while and see if we can get climbing back up the ladder. A target of at least £25 should be possible during the summer, and a return to £30 plus would be an unexpected bonus over the longer term.
GLA but beware of the CSDI curse that causes SPs to fall after I purchase.
CSDI = Crap Share Dealing Ideas
Cheers - C
Good to see VOD in the blue today - so far of course.
Mikey - you need to use your magical powers to stop the drip drip
Robina - just close your eyes and wait for the next divi to be announced 17th May
Dan - have a great birthday at weekend - I am going to a 60th on Sunday - not your's is it ?????????
GLA vodders
CSDI looking to collect booby prize for this week's SP prediction
Cheers - C
PS. Still waiting for my 3 shares to hit targets before any funds can be considered for here
Hi Dan
Definitely not a "day trader".
Just trying to pick established ranges to make a profit more than once a year.
With LLOY I have one trading batch and one LTH
With PSN I have two LTH batches
With POLY (high risk) I've got targets at £4 (for 1/3), £6.75 (for 1/6) and £10 (for 1/6) to off load some shares and keep 1/3 for £13+ in my dreams.
I believe you should have a plan to exit when you open your position, although the Buffet's of this world would probably argue you should hold forever. My experience with most shares is that they fall back after a period of being in favour, especially with the FTSE100 where I normally do my fishing.
Only need to look at my mini p/f of 3 shares to see what happens if you do not sell out at the appropriate time.
My aim with LLOY is to try and increase my pot size by trading for 10% gains - but no luck so far LOL.
I am sure one of our previous posters used to trade VOD by buying several thousnad shares at a time and just looking for a penny or two increase to sell up and buy back on the drop.
Cheers - CSDI
Hi A1
Interesting stats indeed.
Re: the RR Rights issue of 10 for 3, this would have added costs to the original £1000 as the rights were not free.
From memory I thought they cost 32p each, so would add about £333 to the cost. The original 322 shares are down massively. Your comparison assumes the investor would have had funds avialable to take up the RI which is not always the case.
So by my way of thinking, LLOY is well ahead of RR on that comparison.
Sorry if I am confusing things but just my thoughts on subject.
Cheers & GLA - CSDI
Hi Dan
LLOY had a good week for a change. A lot of similarities though for long suffering holders. I thought LLOY might be better for trading from 45p to 50p, but its stuck in quicksand with my money stuck.
For me, I would consider trading VOD from 120-130.
If I had spare funds I would open an SB account so that I could also bet on a down turn. but SBs are too risky due to the leverage.
Next week could get messy after the big drops on the DOW and S&P500 tonight.
Which is fine if you are a buyer, but horrible for us LTHs.
So I think the ski slope stays with us for the early part of next week.
I've got Q1 results for POLY on Monday, and LLOY & PSN on Thursday so will have to wait and see what damage that does to my p/f. Will look to add a bit more to my ISA next month and decide then whether to start a 4th share or top up one of my 3 loss-makers LOL.
Have a good weekend and I will buy you a virtual pint if you win the VOD prize next week.
Cheers - C
Where's my silver medal for coming 2nd - again ?
I get the (horrible) feeling we're on Mikey's ski slope and heading back down to the 120 zone over the next few weeks.
My guess for the 29th April close is 123.6
Cheers - C
LTI
For what purpose do you repeatedly fill this board to say you have opened or closed a spreadbet.
Especially when you may open a bet for upto £10000 per point, I would have thought you do not need to advertise your wealth on a BB like this.
Hi Robleo
There is no specific logic to the current SP. It's just at the whim of "Mr Market" as always.
All of the FTSE100 housebuilders are down between 1/4 and 3/8 from their 52 week highs.
Rising interest rates, the jump in inflation, make it harder for people to buy or get finance etc.
The UK housemarket seems to defy gravity, due to the ongoing high demand and tight supply.
No one knows where the SP is going to in the short term, but is safe to say, buying shares now is better than at most times over the last year. Can SPs fall from here - yes of course they can. Equally we might be near a bottom but in all honesty have no certainty.
I've topped up last week, (only very small amount) but happy to hold in expectation of super divi and chance of rising SP.
The divi at approx 11% may be unsustainable. But if the SP goes back to £30 or so, the divi drops to a more normal 7-8%, which is still fantastic. If the divi is axed in half, we are still getting over 5% at current SP.
All in all, it seems a good risk/reward to me as a long term investment, but WDIK.
For trading purposes (short term) I've no idea.
GLA - C
"To say some people don't get etc
It only aides and abetts Putin's war"
What a crock of doo-dah from an MP.
If you buy my POLY shares off me it makes no diffference whatsover to Putin's funding.
GLA - CSDI
Trek
Assume you have maxed out your ISA options so that divis and cap gains are tax free within the ISA.
I've put all my investments in an ISA to avoid divi tax, as I already use divi allowance on my own shares within my limited company. (I should point out that my investments are tiny, so the ISA allowance is a lot more than I need, but just don't want to pay tax on any divis at the new rate of 8.75%)
Good luck - CSDI
Dan
Brave of you to venture over there to the dark side LOL.
That's why I popped in here recently to have a bit more lighthearted messaging - like you with LLOY - I am not a holder of VOD currently. The POLY forum is just as insane, and my sanity is restored where i can chat with Robleo on the PSN board. Take care - C