Member Info for CSDI1962

correct Sotolo. If you sell today you do not get the divi.
Over the last 6 months I have traded several shares for the divi where the drop has been far greater than the divi.
For CEY I do not think it is worth trying to trade.
The SP will move tomorrow based on whatever is happening marketwide, together with gold movement, and the ex div drop. A couple of weeks ago I expected a 4% drop in POLY's SP on ex div day, but it went up over 2% on the day, so was a big mistake to sell day before. You just never know ... only hindsight will tell us after the event.
As my shares in a SIPP, there is no short term tax effect as do not pay CGT or income tax on the divis.
Tax comes into play when I withdraw funds, which are taxable as income.
GL Sotolo - cheers - CSDI

I dont think 3c is going to create much demand, when so many other shreas going ex div on Thursday have better % returns.
Disappointed that the final divi (3c) is lower than interim (6c).
Assume we will be looking at 9c again for yr end Dec 2021.
Cheers & GLA - CSDI

Evening Amigos and & Musketeers
Nice to see Patient back trading again - seems to have the knack with VOD's snakes'n'ladders, and may have some competition from Gary59 too - another one who made good call.
I've put my tin hat back in the cupboard ready for a nice blue day tomorrow. Gosh what a day it was with FTSE down 170 this morning, after tuesdays 176 pts drop as well. Let's hope FTSE regains and holds 7000, and takes VOD back over 140. i'm hoping for 150 by ex div date. Had to sit on hands today with all my trading shares in the red, andwould be nice if one or two could get into profit tomorrow.
On Tuesday I bought 8 units of an ETF called LUK2 @ £278 each. If the FTSE goes up 1% tomrrow, the ETF should go up 2%. I was hoping the SP would get to £290 this week, which would need the FTSE to get to about 7100. Don't think it will get there, but will likely close the trade if I can make a £50 profit after costs. By contrast if the FTSE falls 1% then the LUK2 SP will drop 2%, so a bit of leverage without the huge risk of spreadbetting or similar. Not many ways to get leverage inside a SIPP wrapper.
so come on VOD, let's go flying tomorrow !
Cheers & GLA - CSDI

Looks like a good time to get back.
Results due 26th May.
Big divi approx 56p to follow later.
Your target looks very gettable as already upto 1480.
Usually a reliable share to trade, with solid divi as back up.
One I would like to buy again, but no funds available at present.
Good luck - CSDI

Yes S-i-d-i - certainly hope so.
It's been a choppy week with FTSE down 176 pts on tuesday, up 57 yesterday, down 41 today when it was down about 170 this morning. Can FTSE get back above 7129 from last week - unlikely imo; and let's see if IMB can claimb towards the 1650 highs this year again in time for next divi.
GLA - CSDI

Mr Tibbles
Can I ask that you start a chat on the "general chat boards" regarding your political interests re Brexit etc.
Nothing wrong with debate and discussion but many here want to keep things CEY (and gold) related.
I have various discussions and debtes over there, when they are not stock specific.
Your knowledge with CEY is most helpful to us all, but please keep the subject matter relevant.
Thanks & GL - CSDI

Judging by posts repeated numerous times I wonder whether Nbul1 is a person or computer 'bot.
whenever a question is asked of Nbul1 there has never been any reply to my knowledge.
If you look at the poster's history - there are claims of buying nearly every day ot two - and endless ramping.
Let's see if Nbul1 disproves my suggestion and provides any thoughts or supporting information.

Cheers and GLA - CSDI

Hi Giltedge,
Never understood myself, but my guess would be cashflow purposes - they may have debt repayments/interest at certain times of year or may get lower cash inflows in our summer-time.
Eg, With retail there is a big dependancy around xmas etc

Johnny
IMB have an unusual divi payment. 1/3 pd March, 1/6 pd Jun & Sept, 1/3 pd Dec.
As noted by others should expect 20.85p + small % increase.
H1 Results due 18th May.
Cheers - CSDI

Hi P/C
Never thought I was such a pessimist esp as GSK is one of my biggest holdings. My ave cost is a fair bit higher, but the SP has dropped since the yr end results were published at end of January. The chart looks a little better now with the bounce off £12. Think we just need to be patient and will eventually be higher. Will be intersting to see how the split works and whther we get two different shares or are asked to buy new shares. At least we still get the 80p p.a divi for next 12 mths, as long as cashflow can support it.
Would be nice to get some positive news from Emma, as seems to ignore the impressive investments and JVs that I'm sure would lift the SP. Elliot's involvement created a decent move up for a day or two, but the SP been flat since; around 1350 mark.
I will be holding for a good while yet, with first target around £15 to sell one batch (1/3 of my shares) at a profit.
GLA - Cheers - CSDI

And I'd only just put my tin hat away this morning.
Looks like it will be needed tomorrow again. Don't like wearing my Tin Hat, but sometimes there is no choice.
Can I go back to Monday and cancel my purchase - it's seems to have started a nasty reaction to our beloved share.
Fingers crossed for all Amigos and Musketeers.
Cheers - CSDI

Hi Dan,
Fave Rod Stewart song for the lyrics is "youre in my heart" with the classic line - "You're Celtic, United, but baby I've decided, you're the best team I've ever seen"
Also loved "Sailing"

How to fix the CSDI Curse ? Answers on a post card please .... while I go into hiding with shame.

Glad I've got the backing of the Amigos.

Can we change closing date for the competition as I can't afford the £1K prize money ?

oops it's late - good night all and take care, let's hope tomorrow is a damn sight better - cheers - CSDI

Hi folks
My guess of those trades is "algos at work"
no one sensible buys 1 share at a time.
I suspect it is to do with manipulation to suppress the SP by dirty traders.
GLA - CSDI

I am sure the exchange rate has been pegging back the UK SP for some time now.
Early last yr the R/E was $1.25 = £1, now it's over $1.40 = £1.
This is a major issue for UK holders, as earnings are in $, but then converted to £.
As the divi has been barely covered for some time at 80p p.a, the risk increases of a cut before end of year as already signalled. GSK has repeatedly indicated that earnings are down with Covid and we are not out of the woods yet.
The movement in exchange rate alone means that UK earnings (EPS) would be about 10% lower than LY if US earnings remained constant. Factor in an expected reduction in earnings (in US $) means a bigger drop in EPS.
No wonder the SP has performed poorly since last summer, and then we have the expense of splitting the company which is costing approx £1B over 2-3 yrs. Ummm - I wish the old GSK was still here where we could be confident of SP moving to £16 and back down to £14.
GLA - patience required - CSDI

Hi Adv
Good luck in your retirement.
My p/f taken a right kicking today.
Not sure if I've done sensible thing but sold here again yesterday after a sudden spike to 98p.
Also sold ASEI today after a nice run - that's a good quarterly divi payer that you may be aware of too.
I've taken a short term punt on an ETF called LUK2, which will work well if FTSE bounces back, but will suffer if we have further falls.
Wish you well with your investments, which you seem to have plenty of.
Not sure if you may be interested in reading about Stpehen Bland's idea of the High yield Portfolio. He has been writing for over 20 yrs on it.
The other high yield idea I read about is Midas Dogs of the FTSE in the Mail on Sunday. I don't think it is a well balanced scheme, but may throw up one or two shares for consideration with the divis.
Certainly not suggesting anything as an investment, more just ideas for consideration.
My HY shares have been trimmed significantly since start of the year and now only include CEY, GSK, IMB and VOD.
I have many others on watchlist, but now more reliant on short term trades with targets of between 3% and 10% profits which are equivalent of dividends. If I can make 5% twice a year, that would be a great result.
The market has been kind to us over the last 6 months or so, but the test will be how to make profit when the market falls again.
Good luck and no worries about differing opinions and views. As you say it is all about making a profit at the end of the day. And it does not matter how we get there.
Cheers - CSDI

Hi Dan
At my age, only entitled to a basic state pension if I ever get there and they don't move goal posts again. I can claim mine at 67 in 2029. My SIPP is what I transferred from a small company pension, when I worked from 1985-92; as I've been self-employed since 1/2/94. I could have left the pension alone and under the T&Cs would have started drawing at 60, with an income of approx £3k p.a. So decided to t/fer to a SIPP, where I could access 25% TFLS and put towards mortgage and debts and still leave a sum to invest. I've taken quite a chunk out already, so already withdrawn more than I would have received by age of 70 and still got some left to play the stock market. My orig plan was to buy and hold HY shares and take the income from divis to pay towards a decent car and leave the capital invested, but with the huge drop in the mrket due to covid that idea shot to pieces !
I love the challenge of investing, and altho I am rubbish at it, it gives me loads of pleasure. I have the attitude that if I lose everything it is hardly going to make much difference in the grand scheme of things, so atm I am trying to grow back the fund before taking out any more income. So now looking to trade around 2/3 of the funds.
My original idea was based on Stephen Bland's HYP system, but with so many duds; and comments on these BBs suggesting other ideas decided I would flip the p/f over time. Chopping and changing plans is not a clever way, but I am now more focussed on weekly/monthly targets trying to get small amounts of profits. I keep an exit plan for every purchase I make.
My FIL has enhanced state pension and brill private pension from working at ICI. He retired in 1987 and his pte pension is more than my lads can get for working full time - a fortunate time from pension point of view, but knows hard times growing up through the war etc in a family of 6 brothers and 1 sister, where mum and dad slaved to put food on the table.
Interesting comparison of times.
I like many old Rod Stewart songs, but not keen on his modern stuff. Just wish some of the oldies would rtire gracefully like Noddy Holder did. Cliff richard, mick Jagger, elton john, McCartney and others were all great at their peak, but are nowhere near as good nowadays.
Painful day on the markets - and certainly put the CSDI curse on VOD. No chance now of getting to my 148 TP for this weeks comp.
Cheers for now - CSDI

Hi all,
The 1450 plan is just to sell one batch from a lower cost (of 1337 + SD etc). I am of the opinion that RDSB will trade in range 1250-1500 for some while. I will keep hold of 2/3 of the shares for the long run, with a further target at 1550 to sell a 2nd batch which cost 1452 + SD etc. No plan to sell the originals as will keep for the modest divi income until I am in my grave most likely LOL. If we have a drop below 1250, would be tempted to add another batch if funds available, but ideally want to keep to no more than approx 10% of p/f.
Keep up the excellent postings guys - I've had a good watch of some of the interviews with the boss and understand we are in a long term plan to shift & modernise with all this ESG bumpf, but oil will not disappear anytime soon. Those prayers of £30 which I had in 2018 are but a distant memory now.
Cheers - CSDI

Hi Dan
My investments all in a SIPP - so can't switch to ISA without paying tax on any withdrawal.
SIPPs also have some restrictions on what you can/can't trade in them - such as Crypto.
Transferring a SIPP takes much longer than oridnary share account transfer, especially if transferring "in specie".
If everything is in cash with no investments held, that would speed up the transfer process, but means you cannot buy or sell shares/funds while the transfer takes place.
I'm keeping all options open, while waiting for various responses from my provider - Scottish Widows and the trading platform host called Embark.
Yes Dan - I've inflcited some damage on the market by using my uncanny influence with purchase of VOD.
Cheers - CSDI

Got my tin-hat on for today.
Sea of red on my screen
FTSE100 has 0 risers today - ouch
FTSE 250 has 5 risers out of that index.
Let's hope it's a short lived drop, as taken the FTSE100 back to where it was last month.
Cheers & GLA - CSDI

Hi Dan,
1. Yes VOD is a HY share, but my aim on this occasion is to trade rather than hold long term. As I said my previous efforts over 3 yrs ago would still be down over 30%, so by selling at a loss I have been able to make some better returns elsewhere.

2. Results are out on 18th May. I cannot recall any pre-EOY RNS so will have to wait and see how they've done and how the market reacts. Normally the market reacts in ways I can never fathom - SP up on bad news and falls on good results - all depends what is already baked into SP.

3. SIDI trading costs are half of mine as I pay £15 to buy and sell, so need a big increase in SP just to cover costs !
I have actually asked my provider to offer a frequent trader discount and await their response.
If they are unable to oblige, I will transfer my SIPP to another provider such as Halifax/AJ Bell who I have used before or Hargreaves Lansdown.

GL Amigos - Cheers - CSDI (Honorary Amigo)