Member Info for CSDI1962

Nice one Mary

Great to hear some common sense among the load of rubbish spouted.

GLA

Cheers - CSDI ( Crap Share Dealing Ideas)

Hi Robleo

With any share you pick, you can nver be sure what the future holds.

I've just bought a tiny sum in my first ever ISA and collected the first divi already.
The current SP is about 10% lower than my buy in price, but I am comfortable with the long term.

If it were to get back to its 52 week high, that would be an almost 50% rise from here, and its only about 3% above its 52 week low. So for me it would be a good entry point and maybe one to drip feed if you have a decent amount to put in.
I am in DLG, PSN, and LLOY and not happy with my lack of diversification. I will probably ditch DLG after ex div and switch to PSN looking for the 110p summer divi if it gets approved. I've also got POLY as a high risk/reward.

On balance this looks like a good entry point, if you look over the last 5 yrs. Can always go lower, so would suggest drip feed. The likely rise in interst rates and inflation will most likely be passed on to customer with higher prices. Margins are extremely good - my biggest concern is the divi is not greatly covered, so any drop in profit may lead to a cut in divis. Having said that I think it has paid out £2.35 p.a for at least 4 yrs now. With a P/E ratio below 9, it is one of the best value shares in the FTSE100 currently.

Cheers & GL - C

Hi S-i-d-i

Looks promising with fingers crossed that nothing nasty happens this weekend.
This should be a good long term risk/reward share.

I've got a tiny number at 337p, so down a little so far.
I did buy some early in month average 192p but got spooked by the Notice of exiting FTSE indices and totally fooooked up by selling in a panic thinking there would be no market after 21st March. With all my experience I should know better.
Anyway it is what it is and still a great opportunity.

I suspect the divi will be withheld or cancelled due to uncertainties short term, but hope over the long run we will more than double from here. My first (25%) offload is planned at about 675p, and then £10. I've had good success with POLY in the past so hope it is lucky for me again.

GLA

Cheers mate take care - C

I like Fred's guess

So I will go for 129.4 - expecting fresh buying for new tax year hopefully.
The fly is of course further problems with RUS in UKR which could destabilise a number of shares.

Cheers & GLA - C

Got mine from AJ Bell this morning.
My first divi in a new ISA :)

CWWX

You are holding at sub 150p you say, but expect it to drop to 50p .... really
So surely you should be selling now to double your money and buy back roughly 6x your holding when it drops to 50p
Yeh yeh yeh

all entitled to a view, que sera sera

I'm in at average 337p. Holding for some time looking to offload half at roughly 675p if we get back there.
Not sure we will get back to £15+ esp if Putin confiscates some assets, but hope common sense will prevail in long run and SP reflects the overall assets.

I've only got a tiny punt in here, so if it all goes down the pan nothing to worry about.
Great risk/reward investment

GLA - CSDI (Crap Share Dealing Ideas)

Buybacks - what;s the obsession - money down the loo for us !!

As for wishing for lower prices - that is absolutely right for any future buyer or someone topping up. drip feeding etc.

If you are a seller of course you want a higher SP.

It's called a market - some want lower and some want higher SPs.

Good luck everyone - whatever you way you play !

Cheers - C

Dividends are great - money in my pocket

Returns = buybacks = waste of money for P.I
The SP fluctuates irrespective of buy backs. Why is the SP so low after decades ?

At least as a buyer, you are happier with low SP as you get more shares for your £.

For a LTH this has been a challenging share for years.
My opinon FWIW, is try and trade for 10% swings and try to accumulate more shares over time.
If you can afford to hold some long term (investing) and buy some short term (to trade) I would guess this is the best way here. all just my opinion of course.
The ex div period is often a good time to trade as the fall is usually greater than the divi - but not always as that would be too easy for us all to make money.

PS. My name is CSDI (Crap Share Dealing Ideas) for a good reason. Where is the smiley face icon LOL

GLA - both investors and traders

Depends if you elect cash divi at 0.2p or scrip divi at 2p

oops IS should be US markets.
Sorry about the typos - no spellcheck here

Hello HU

I note your reports on buybacks, and think to myself what a waste of time Buybacks are.
In theory they are good idea to improve the SP by virtue of a reducing number of shares in circulation.
In reality, this has not helped us one bit (as PIs) and seems to be a waste of money.
Surely ifthere is surpluscash it should be used for

a) future investment
b) retained for a rainy day
c) paid to shareholders via either increase divi or a "one-off special divi"

to quote a respected writer on shares - Stephen Bland - it's like thrwoing money down the toilet !

It seems UK markets generally do not respond well to buybacks, as opposed to the IS markets where it is far more successful in creating higher SPs.

Cheers - C

Jeff - one day does not make a market surely.

Totally agree this has been a terrible long term investment - having first paid over 550p back in 2007 before the crash.
That was in an old SIPP where I ended up with massive losses on several bank shares.
However that is history and irrelevant now.

Have recently opened my first ISA and bought in at approx 43p with costs.
Initial plan was to bag the divi and target 55p for selling.
Now I am not sure whether to sell before the div and buy back lower ex div.
It seems to struggle breaking thru 50p short term, so tempted to trade by selling next week and buying back later.
Trading range seems to repeat 45-50p, so a nice 10% range excl dealing costs/stamp duty.

With my history I am sure if I sold, it would run to 60p with no problem.
With me holding you can expect more falls first, as I am not called CSDI for nothing.

CSDI = Crap Share Dealing Ideas

Cheers and GLA - CSDI

Hi Folks

My current plan is to use the DRIP scheme so that my divi is automatically reinvested in PSN.
With an ave cost of £23.76 was disappointed by the 9% drop on ex div day.
Only compensation is that current lower SP allows more shares to be purchased with the divi.
I am expecting a 4% uplift in the holding next week, and hopefully another 4% if they go ahead with the 110p divi in July.

If I take the cash it would not be enough to invest on its own hence the idea to use DRIP on this occasion.

GLA - CSDI

Bloody hell off-message - you've missed your vocation.

Should have been in the West Indies to help Joe Root and his team LOL

For some the idea is to sell 50% of your holding if the SP doubles.
This gives you your stake back and a "free ride" with the other half.

I was lucky years ago to get a multi-bagger with PDG when it dropped to 1.75p in the financial crash (2008).
I sold 25% at 9p, 17p, 25p and 32p. On the down side the purchase was for peanuts.

As Prionace says - set a price etc - is the most sensible advice.

In my case I have a very small investment in POLY - buying at 327p today.
I would intend to sell 50% at around 650p if it gets there, 25% around £10 etc, 25% around £13.
All wishful thinking, but a plan to exit (or hold forever) is essential.

GL

I've bought today with AJ Bell

Nope Astral - that's just for the next divi.

If they continue at 97c per share (as 2021 total) you would almost double that.
You can never be sure about what any future divi will be though, and things could change here if they can distribute divi from the Russian side of the business. All too early to tell long term.
As for the current divi, they INTEND to pay as planned, but there is no guarantee (ever).

At US 52c per share that makes $7800.
So depending on rate of exchange at 1.31 = £5954
I've planned my forecast at R/E of 1.35, and hope to do better.

Only worth buying if you expect SP to rise - and odds of that must be greater than they were.
Not expecting a return to £15 in near future, but no reason it cannot 2-bag or 4-bag from here in the next few weeks.
The divi must be at risk - but if we get that - consider as a bonus !
Of course things can always go pear-shaped - but you pays your money and takes your pick.
The risk/reward here is phenomenal.

GLA - CSDI (Crap Share Dealing Ideas)

Hello s-i-d-i

I've just bought in again today at 327p - having bottled it a couple of weeks ago.
I've only got a miniscule amount as just started an ISA with AJ Bell.
Gone for the use divi payers so far - tiny batches of DLG, LLOY, POLY & PSN.
Looking to add NCYF next month

Cheers my friend - CSDI