Member Info for CSDI1962

Hi JR
Decided to do the hokey-cokey and shake it all about.
Just bought a few more shares than sold last week thanks to the 70p/4% fall since Thursday.
Not sure why this is dropping when Gold is holding and GBPUSD rate is similar.
Hope nothing untoward kicking off at the Russian mines.
Let's see if it heads back to 1650p in time for next weeks divi.
GLA - CSDI

Hi Adv - wanted to make you happy, so bought back in again at lunch time.
Paid 93.6p per share, but only 90% of what was sold last week.
Will see how it reacts to going ex-div, before deciding whther to hold long term or trade short term.
The 2p per qtr divi is very high and not covered by earnings for last quarter.
It wil be hard to maintain 8p p.a divi if earnings do not cover.
Hopefully we will see further investments in due course which will grow NAV and EPS, but there may be rocky road ahead with businesses still suffering from Covid effects, after govt support is withdrawn.
As a small hedge I have recently invested 6% of my p/f into Insolvency specialist BEG.
Will be interesting to see how this REIT performs compared to others like SUPR.
Both have performed superbly in last 3 mths, so I sold both last week, already reinvested here to catch the next divi, but not yet with SUPR, although have bought a trading batch of TSCO, investing same amount (6% of p/f).
GLA - CSDI

Hi Ade
2 months is not enough time to let an investment run, I've had some shares for several years.
If you are trying to trade, then you need a good plan of when to buy and when to sell.
Trading is more about timing, while investing is taking a much longer term view.
You may have been unlucky with your timing, but I was lucky to buy on 22/3 @ 1485p and sell on 22/4 @ 1637p.
Now I am looking to re-purchase very soon.
While I was lucky with POLY, I have failed with another gold miner - CEY.
I bought CEY on 9/12 @ 125p and topped up on 7/1 @ 133p. With current SP @ 113p I am under water there, but happy to wait for a while.
We win some, lose some. I don't know anyone who ever gets it right all the time.

Maybe time to have a rethink about your strategy. I have about 50% of my p/f in LTH, about 10% for pure "punts/gambles" and 40% for trades based on previous buy/sell ranges. for example just bought TSCO this morning @ 223p with a target of 235-240, and a planned exit at a loss if falls below 220 - so a very narrow range - but with reward roughly 3 x the risk.

GL whatever you decide.
Cheers CSDI (Crap Share Dealing Ideas, smiley face)

Hello Dan
Just checking you are keeping up the good fight on behalf of VOD .... someone has to.
SP keeps tapping on the ceiling at 135, so patient has lost patience and decided to put his money into building project.
Notice it is quieter in here now that a HWSNBN has moved on.
Surprised to see BT gone ahead of VOD's SP this year, so VOD management should be ashamed.
Anyway SP not low enough to tempt me back for a trade, but if breaks 135p resistance then that could be good to tempt me back, otherwise I will wait for fall to around 120. Certainly need the virtue of Patient's namesake.
Take care my friend and GL to all VOD holders
Cheers - CSDI

Hi Adv,
Having seen so many shares drop by mulitiples of their divis, it seems a reasonable opportunity to make a profit in some cases.
Having been a LTH of my shares historically, they rarely go up in straight line.
So far this year I have increased my profits by trading divis with BATS, GSK & IMB, while still holding those.
If I can afford to hold two batches - one for LTH/income and one for trading - then this is what I prefer.
Each to their own ... and we are investing for one reason only - to make profits if we can.
AEWU has had a great run over the last month, so thought I would give it a go.
It has already dropped over 1p, so another 1p fall would be more than enough to cover costs of SD and comms.
Cheers & GL - CSDI

Hi Throne
Still waiting for divi and have been told they have not received funds as a cheque did not arrive - ummm - hard to believe that one.
Also been told they are "looking into my complaint" and will respond when they can - another ummm.
Meanwhile we are being deprived of our money and the oportunity to invest it ......
I had a successful resolution with a previous complaint, insofar as was offered a number of "free commission trades" which I thought was a reasonable settlement. With a repeat of the same problem with more than one delayed dividend I will be expecting a proportionate increase in compensation.
In addition to complaining to Stocktrade/Emabrk, I have also filed a complaint with the SIPP administrator at Scottish Widows. Likewsie they are looking into the issue, and have acknowledged the complaint.
Overall I am very unhappy and most likely to transfer my SIPP elsewhere in due course, but that involves risk of no access to my p/f for as long as it may take, which could be anything from a few weeks to a few months.
Cheers for now - CSDI

Hi folks,
Decided to take a short-term profit by selling on Thursday at 94.1p. Made a return of approx 13% in just one month.
If we get a drop before ex div on Thursday, I would be tempted straight back in, otherwise wait until after ex-div to see if the drop is greater than the 2p divi.
The SP has climbed very rapidly over the last few weeks, so good chance of small pullback to allow re-purchase.
As a long term investment, this looks like a sound choice as part of my SIPP p/f.
I have also just sold SUPR for a smaller short-term profit, and would like a chance to re-purchase there too.
As a 3rd choice I am looking at WHR, and would be happy to hold any 2 of these 3 to a max of 10-12% of p/f.
GLA - cheers - CSDI

Evening Jr.
No not really - just bagging some profits where I can.
Doing the oppositie of any sensible investor, as I am cashing in my winners and running the losers !
I have a history of selling losers just before they start to recover, so I am trying to be more patient with the fallers.
My main losers atm are CEY, GSK, IMB, CEY, 88E, RDSB.
I've just added BEG to my p/f as believe Insolvency Practices are going to be very busy once the Govt support taps are turned off.
Also the US markets have run so far, a pull back will come when we least expect, and the FTSE will suffer more as usual.
I look in disbelief every week to see the FTSE below its 1999 level, and the US markets are up 4,5, and 6 fold. I am not confident in buying US shares, so stick purely to UK shares, which is probably quite foolish.

Anyway back to POLY, it does seem to be undervalued, and had superb results for 2020 depsite covid. As long as gold continues to recover, POLY should do the same, and to a lesser extent CEY. I am hoping to buy back here on any decent fall, which may be before or after the divi, and like you expect the SP to fall more than the divi when time comes - as most big divi payers have been punished severly with bigger drops than their divis.
Clearly need a lot more lessons with hitting the notes in the correct order LOL.
Take care, keep safe, ATB and cheers - CSDI

I've just sold this today @114.25p, for a 8% profit including the two divis of 1.465p.
It's just hit an ATH, so thought I would bank the profit and watch.
I am expecting more capital raises, which may allow for repurchase at slighty lower level.
If not there are a couple of different Reits that pay good divis, incl AEWU and WHR.
I've also just sold AEWU yesterday as that was a 13% profit in one month.
Would hope to purchase something in the sector very shortly, with a decent divi attached.
GLA - CSDI

Hi Jr
Funny but I did the same yesterday(Thurs) - sold at 1637p just before the bell.
Very tidy 9% profit in one month is a nice result.
Will keep an eye on this for few days, as might have time to repurchase for the divi.
If not, will look for another opportunity.
Seem to be more in trader mode these days rather than LTH. I've been busy selling 5 shares this week and buying just one.
I'm keeping my other goldie-miner (CEY) as stil under water on that one.
GLA - CSDI

Altho price of gold has trickled upwards in dollars, the cable rate has gone up a similar percentage too, so that may have some baring on lack of progress.
CEY needs to resolve its production issues to benefit from any rise in gold, as company plans to prduce less over next 2 yrs than it did in 2019. The increase in AISC due to allocating costs to lower volume of gold will also hhold back the SP.
Just looking at P/E ratios, CEY is on 11.79 per HL website, with POLY below 10, so suggests CEY is more expensive.
From prev posts you may be aware that I have 6% of my p/f each in CEY & POLY, and CEY has outperformed POLY since my recent addition to POLY a month ago !
Both firms issue Q1 production numbers tomorrrow - let's hope the news is good all round !
Cheers & GLA - CSDI

Better entry price than mine at 2695. I have target of £29 in mind for short-term trade if all goes well.
If fails to work out then will hold longer term for the 8% p.a divi.

Cheers - CSDI

I cannot see any comment on company website re March update and divi.
Last yr was published on 20th April.
Anyone know when we can expect update from Company ?

Last RNS implies another 2p per qtr divi, making it 8p p.a.
SP been on a good run lately - how much left in the tank ?

Thanks - CSDI

Hi Throne
Any news on your divi yet, as I am still waiting for Stocktrade to cough up - 3 weeks delay and counting.
with the steep falls yesterday I bought some BATS @ 2695, as already got 13% of my p/f with IMB.
I've got too much of my p/f with these two backy shares, now making up 20% of my p/f.
Missed the boat with chance to sell some IMB at profit, but was aiming for 1650 as next selling point.
The next divi announcemnt is due 18th May, with the 1/6th divi normally paid end of June and September. Strange way of paying their annual divis of 1/3; 1/6; 1/6; and 1/3. Think we can expect small increase on the 20.85p from LY.
The smaller divi should create less manipulation of SP compared to last two divis.
My BATS target is £29 as a trading batch.
My IMB target was 1650 for 1st batch, with plan to hold batch two other batches long term esp as one cost £29 per share - ouch.

Let me know if you hear any more from Stocktrade and I will do same as have a complaint registered for delays in divis.
Waiting on GSK divi too, and just got MCRO's today which was due 15/4. Really poor service with divi payments.

Cheers & GL - CSDI

Lost count of your top ups. and number of posts.
You must have more funds than Barren Wuffet.
Having invested so much, would be interesting to understand your thesis.
Look forward to hearing you have bought some more tomorrow - with them being as cheap as chips
Cheers & GL - CSDI

Hi All
Purchased a small trading batch @ 2695p, using proceeds from another trading batch, having sold AVST on this mornings little rise. Gone againsy my plan of funding from IMB, but feel I missed a chance to sell some of those before this drop.
nothing to do with ex-div drop - all thanks to Biden today. Always someone to have a dig on the backy makers. Just hope to be nimble enough to profit from the chances they provide.
GLA - CSDI

My prediction - courtesy of a quote from Peter Lynch "shares go up, and shares go down (usually faster on way down).
I do not understand the point of asking for predictions - may as will stick a pin on a chart.

Thursday will have some influence this week.
What we need is:
1. good news on west wall clearance
2. confirmation that production will hit arounf 450,000T for the year.
3. Something actually progressing in Cote d'ivore and West Africa region.
4. Gold price to hold above $1750
5. News on fuel rebates

Even then, will that move the SP north - as we all hope
GLA - CSDI
PS. Was surprised the 2020 Reuslts did not give us more uplift, but think CEY will be a long slow climb up the SP worry-wall as we are couple of years away from full production over 500KT.

Hi Austin
I've had SLA from Apr 2018 to Dec 2020, and sold to buy AV.
Made more on AV in 3 months than had with SLA in nearly 3 yrs !
Sold AV and bought back SLA for 321 on 4th March , only for SLA to drop almost immediatey, so took a awift loss on SLA selling at 306p on 9th March. Looking at SLA now, think I did the right thing as gone lower again, assisted by ex div of 7.3p
SLA is different buisness to when I bought in 2018, and don't think they've mastered their role as Investors at all.
I've done far better with ASEI recently, which has similar yield.
I think AV and LGEN are probably better choices than SLA, but a lot depends on timing as they can differ significantly.
Having bought SLA @ 360p in 2018, then had to suffer the share consolidation, it's not been good to me. The divi was nice for two years until the recent cut. Plenty of other HY shares to pick, and SLA stays on my watchlist.
Cheers & GL - CSDI

Hi again s-i-d-i,
I am keen follower of HYPs and have similar HY shares of CEY, GSK, IMB, POLY.
Other HY shares I hold (yield in brackets) are ASEI (5.66%), AEWU (8.51%), SUPR (5.26%).
Others on my watchlist include CMHY, HHI, NCYF, AV., BATS, SSE, SLA.
And there are so many others.
The danger with the HY shares is that the divi is lost if the SP falls, and many of these "old economy" shares do not have the growth prospects. I know to my own cost with previous purchases that I thought were "safe shares" with good divis. The key is to buy at low prices (statement of bleeding obv), which can be difficult to gauge. I have suffered with expensive purchases of IMB, RDSB, GSK, CEY.
If you can find the "General Chat" thread about my own p/f, you will see a lengthy discussion about the pros and cons of chasing HY divis, and some interesting and constructive criticism.
GL and please do not repeat the mistakes I have made.
Cheers - CSDI

Hi Sidi
I think you just have to decide and have a plan.
If you are "investing long term" - then why bother selling at all.
Invariably the SP recovers = it's just a matter of time with ashare like NG.
I am always surprised by how sudden they move down, with utilities mainly affected by Bond/interest rate news.

If you are looking to trade in and out, then just stcik to your guns - good or bad, just make sure you only have small amount in any trading share -so if it goes pear shaped it does not wipe out too much capital.

I like to slice off (bottom or top) some shares if I can hold enough to have more than one batch.
NG is only a "one batch share" for me, with plan to buy below 850 and sell above £9.
My timing always misses the best moves with this one.

Cheers & GL - CSDI