Member Info for CSDI1962

Evening all
Just bought back into my favourite trading share again today, paying 18.85p p/s excl comms & SD.
Only very modest sum (around £2K), as don't have much, and part of my SIPP.
This used to trade realiably bw low 20s and high 20s before Covid struck.
With so much money sloshing around I hope many will be buying PDG's cars. I am expecting a slimmer buisness that does more online/internet sales rather than the old fashioned dealership sales. Many employees no longer work (unfortunately) so cost base should be lower. The SP was around 40p about 4 yrs ago and unlikley to get back to that level for a long time, but my plan is to make about about 10% which needs a little under 2p rise from here.
Never confident, and often see SP fall soon after I buy, but so far managed to make a little profit of bw 5% and 10% on each occasion (4 times) over last 12 months, with a couple of better trades back in 2018. So fingers crossed for another ride on the PDG roller-coaster.
Cheers & GLA - CSDI

Hi FP
After much humming and arrgghhing, decided to cut my position by 1/3 today. I was overweight with 15% in my p/f, and thought these funds could be tied up for several years before really making any progress/profit for me.
I am still left with a decent holding (by my small standards) which I can review at the next update.
So i've taken a 7.5% loss on this batch, which cancels the 8% profit on a batch sold a fortnight ago when Elliot's news broke.
This time I've put the funds into Pendragon, with a view to a short-term trade, hoping to make up this loss pretty swiftly. A 1p rise on PDG's SP will more than cover this loss.
The problem with holding onto losers is they tie up your capital and prevent you investing/trading elsewhere.
GSK is probably the least of my headaches in that respect as I have bigger losses on various holdings of CEY, IMB, RDSB. But it was my biggest weighting at 15%.
I suspect GSK will take some considerable time before rising back to £15 plus, which is what I was expecting months ago.
It will be ineresting to see if the split does generate any value for existing PIs, and wil be watching to see if we are given shares or have to pay for new ones. time will tell.
I could be wrong, but would be surprised to see the GSK SP climb 10% in the rest of this year, while my swap to PDG could gain that 10% with any positive move in a day. In the meantime the divi gives a little back each quarter, but only if the SP holds its own and stops falling.
GLA and each to their own ....
Cheers - CSDI

Hi Tornado
I hold two goldies - CEY & POLY, both with roughly 6% of my p/f - so would not want any more mining shares.
CEY continues to move like a slug and is so far out of kilter with price of gold.
POLY seems to trade a bit better, so I've had one good run since last month selling last week andthen repurchasing about 4% lower, but back underwater again. Expecting a decent run to ex-div next Thursday with approx 4% divi. I think POLY has dropped 6 or 7% over the week andd CEY about 9%, which is hard to fathom comapred to POG.
I expect to hold CEY long-term and POLY as a short-term trading share, if things go well.
CEY was bought as a trading share in Dec and Jan, but has fallen so far, I've moved into my bin of badly behaved LTH shares.
Cheers & GLA - CSDI

Hi Adv,
not sure if you're having a go at me, bit I can promise I have nothing to brag about.
I call myself CSDI (Crap Share Dealing Ideas) with good reason.
historically I've always pursued dividends, following idea like the Midas Dogs of the FTSE scheme, and Stephen Bland's High Yield philosophy, but found that I have ended up with too many shares at high prices that never seem to recover, as you say elsewhere, that the SP drop is far greater than the divi income.
After years of getting nowhere and being constantly in the red, decided at start of this year to try some shorter-term trading.
My SIPP p/f is now roughly 50% in HY shares (long term hold) and 40% in trading batches and 10% in "fun/punt/gamble" shares.
Last year's market drop with Covid was hard to stomach, but nowehere near as bad as my first SIPP experience and the financial crash of 2007/08, where my p/f was decimated by 2/3. Luckily I got most of it back after about 10 yrs when clsoing the account in 2017.
I have a habit of starting investing at the wrong time as my first SIPP started in May 2007 just before the crash.
My 2nd SIPP started in Jan 2018 and did well for 1st six months or so, but fell with the market decline from July 2018 to date. Currently I have net loss of about 2.5% in 40 months, compared to FTSE100 loss of 9% over same period.
Very poor performance and hence my nickname CSDI.
Hopefully you've had more success than me.
One of the reasons I right about my trades/investments is so that others can learn from my mistakes, and most people feel better when they know someone else is in similar or worse position.
Cheers for now - CSDI

Dan,
Translations
LTH = long term hold(er)
LTB&H = long term buy and hold
NCYT = ticker for Novacyt
88E and GSK are other tickers like VOD.
Of course, you're just teasing me, to tempt me back into VOD.
Take care - CSDI

Hi Dan
Yes thanx had my 1st jab on 22nd March, with 2nd one booked 9 June - a lovely anniversary present as met Mrs CSDI on that wonderful date in 1998. Mrs ahead of me with two jabs already done as works on NHS frontline.
I'm having plenty of banter with Red Braces Brigade, on the general chat boards, as they are keener on trading rather than LTB&H. I've been busy messing with my p/f this year, so have a mix of approx 50% LTH (for that read "paid too much" for the shares so am stcuk with them). 40% trading (anything from 1 day to 3/6 mnths) and 10% for a bit of fun with punts/gambles.
Had a scary few days with NCYT and 88E seeing shares drop 30-40% within day or two of purchase, then NCYT went up about 60% from Thursday to mid-day yesterday and dropped 20%, while 88E went up 70% from Friday to early today and dropped back a modest 12% in the afternoon. So managed to make few hundred quid on NCYT before buying back in and now down on that, while 88E I have held throughout and down about 6% atm. Certainly a bit more exciting than VOD !
I am thinking of cutting some of my biggest holding in GSK, maybe sell 1/3 and keep 2/3 for long term, to give me chance to make or lose some money on another share/trade.
All good fun, so I will take your advice for now and go away LOL.
Cheers my friend - C

I am in for a short term trade, with my first ever purhcase of TSCO
Bought yesterday @ 223p with a standard weighting of 6% of my SIPP.
Target of 235-240 over next month or so, with the divi as bait hopefully.
Counting on short term support at 220, which has held so far in 2021, but already sitting on it, so may fall through.
Hopefully the risk/reward here plays out successfully.

On a similar theme, I quite like the REIT called SUPR which has nice quarterly divi.
I've just sold those shares last Friday after 4 months for 8% profit and would like to repurchase if they have a small pullback from their recent ATH @ 114p.

Cheers & GLA - CSDI

1345p for me please if not already taken

Jr
Typical of POLY - waits for us to buy and then immediately starts to decline.
We've had a £1 drop in 4 days, lucky we both sold previously.
Did this to me 6 days in a row when I bought on 22nd March.
Let's hope the divi attracts some buying after tomorrow, ready for next Thursday.
Notice that last May's divi was about 34p, and recovered with couple of days of ex-div, so not sure what to expect this time, altho FTSE maybe due a pulback as had 13 up days and only 5 red days so far this month.
Recently there has been tendancy for FTSE to fly in first week of month (look what happened in Jan as got to 6873 in 1st week) then give gains back. Could it be time for the old adage "sell in May" ?
GL my (telepathic) virtual friend !
Cheers - CSDI

Hi FP
On 31/8/20 the FTSE closed at 5963, near enough to 6K and GSK was £14.72
So while the FTSE has gone up approx 16%, GSK has gone down 10% or so.
GSK has performed so badly since last summer, it has been lagging the FTSE while mnay other shares have recovered massivley.
To be blunt GSK has performed like a dog since beginning of 2020. It was over £15 in the middle of the huge Covid drop last March. With a raging pandemic this share should be top of the pops, rather than top of the flops. Bad managemnt has missed a chance to make hay and roll in the profits - I really do not understand why they are paid so handsomely for abject failure, creaming share options galore and give-away prices, throwing a billion quid on the splits, and leaving the poor (PI) SHs to pay.
And yes I am still holding, but do wonder why sometimes, when there are dozens of companies that the market loves even when they make less money than GSK. The market is so irrational sometimes, but as far as GSK is concerned probably values it quite fairly with a P/E around 12, while AZN enjoys a P/E rating 3-4 times higher which I don't understand.
We have lower earnings and lower divis to look forward to in the next 1-2 yrs.
Cheers - CSDI

A brief look at the poster's record shows approx 10 top ups, purchases, cheap as chips, can't stop buying, claims in last fortnight.
Another poster says Nbul1 is a legend ....
Not one constructive posting, but approx 200 reams so far this month.
when asked any questions never-ever responds, which leads to the question is this a person or a 'bot.
So to reduce the amount of trawling thru posts, time to go on filter.
Hope others will check and help remove this time waster.

As for my own position, I am new to 88E, and bought in on 8th April when another poster alerted us about the fall from 4p.
compared to others it is a very small trade/investment worth about 4% of my p/f, and paid 1.575p p/s
I missed chance to top up at close to 1p last week, but thought I would air on side of caution and keep hold for now.
Having been burnt so many times with AIM shares will keep to my discipline of no more than 6% of p/f in any one AIM share.
My concern is whether the SP will fall in future with an expected further fund raise when next drilling season commences.
Fingers crossed for nice rise from here
GL to all 88E holders
Cheers - CSDI (Crap Share Dealing Ideas, smiley face)

Have you been taking some of the GSK drugs or BATS whacky-backy ?

I am dreaming of getting to £15, but suspect £13 will hit first esp after we go ex-div. Would love to be proved wrong !

Cheers - CSDI

The divi has been maintained at same level since at least 2014.
That was supposed to be a "progressive divi" then.
I have a note of buying GSK @ 1554 on 7th April 2014.
So, 7 years later we have a 14% lower SP and a divi still at 80p p.a which faces a cut for 22/23.
Great progress as an investment .... compare with AZN if we want to depress ourselves !
And now we are supposed to cheer on a split of divisions after they will spend approx £1B to do so.

Cheers - CSDI

Hi Poker - yes have to agree with your sentiment there. The SP has to be judged in context based on each and everyone's own position.
I only have a small investment compared to many, but is quite a lot to me at 15% of my SIPP p/f, with average cost 1509p after previous buys and sells are taken out of my equation. I've also had about 50p* per share in divis so about 8% under water at present. Having bought at different times/prices from high of 1612p to low of 1388p, quite happy to sit and wait for now. Hoping to offload some at £15 if I am lucky, or maybe add another batch if we drop to around 1250.
Historically this share had traded bw £13-£18 for most of the last decade, so currently not far from its low points.
however it is going forward that matters and the SP will find a new normal, esp after we have the split in 2022.
* 50 per share based on divis received and current number of shares acquired over time.
Cheers & GLA - CSDI

By heck, If a drop in profits/EPS of 1/3 from PY is good, then I wonder what you would think if the business actually did what it should be doing and increase profit in a once in a lifetime chance with the pandemic !
The immediate reaction with the SP around 1350 is better than it was a couple of hours ago.
As a LTHer, can only say GSK has been a poor performer since hitting £18 in early 2020.

Roctis & Orville
Lucky pair if you only bought in at 1364.
I've got some at 2688,2061, 1452 and 1337.
Hope to off load/bottom slice starting at about 1450-1500 !
If necessary can add one more batch at around 1250, to average down.
Cheers - CSDI

Hi Apendragon,
Are you also invested in PDG - one of my favourite trading shares ?

As for POLY, myself and several posters were selling bw 1600-1640 in past few days after a good run from just below £14.
I had similar problem with my March purchase @ 1467 as it fell every day for over a week when I bought. For security I only tend to spend bw 4% and 6% of p/f on any one batch. Was feeling pretty miffed when fell below £14 but recovered pretty quickly to over £16, when decided to take profit last week.
I would expect another run to around 1630/1650 area over the next 6 sessions as ex div on 6th May.
Expecting a bigger than divi drop then, so will aim to sell just before 6th or maybe early doors on 6th.
I've noticed that divis over 3% of SP in the FTSE100 seem to generate much bigger falls, so I've started trading around ex div dates with reasonable success so far. You never know if it is the right idea until afterwards as the market can always spurt up or down on any day.
In your position with only 4.5% fall, I would hang in for now.
I have some much bigger %age losses being carried on older purchases of CEY, IMB, GSK, RDSB and have no intention of selling those unless the companies come into potential terminal trouble. I don't expect to get all my money back on several batch purchases but would hope to reduce losses if I am patient enough.

I trust you are investing with full funds and not on leveraged spreadbets, as that could be entirly more risky, as I know from bitter experience.

Cheers & GL - CSDI

HI Matt
Yepp - you are spot on there - I've thrown away a few quid. Should have just stayed invested - tried to be clever and was wrong.

But compensated for a trade with POLY. Sold on Thursday also (@ 1637), but bought back in @ 1567.
Got myself 3% more shares after commission, with the same money, to add to the 9% profit made in 4 weeks.

Today i've sold NCYT @ 565p and bought back @ 503p, so got an extra 9% shares there as well.

Sometimes I reinvest all proceeds from a sale and sometimes just buy same number of shares and keep some profit for another trade or investment.

I have a mix of LTH - about 50% of my p/f in high yield shares.
With about 40% in trading shares - which normally can take bw 1 day and 3 months to complete.
I have about 10% for punts, currently in NCYT (5%); and 88E (4%) which was down 35% until two days ago - my worst current holding.
You win some, you lose some. hindsight is always right.

Cheers - CSDI

Agree Jr
So many shares rising with no fundamental reason - as you say barge pole required
Yet shares with solid earnings and divis being hammered down - makes no sense at all.
Maybe that's why I am called CSDI - Crap Share Dealing Ideas
fingers crossed POLY has a good run up to ex div, but may we may experience some end of month profit taking first.
The FTSE has been on a good run this year so far, up 7.5% in 4 months from 6460.
Most predictions are for low-mid 7000s, and none for a return to new ATHs above 7800.
FTSE has lagged the other majors terribly, with some posters on here calling the FTSE the "Permabear Index".
Cheers - C

We both are LOL.
I'm getting concerned that we may be telepathic.
SP still falling and I can't find the safety wire support.
Help

Cheers - CSDI