Member Info for CSDI1962

Hi NSS and Barrie
The comparisons of RDSB and BP are almost identical over 2 yrs, 12 mths, 6mths,
Over 3 months and shorter BP has outperformed.
All other things being equal, it can be good to buy the laggards on a short term trade.
While I'm still underwater due to my purhcases in 2018 and early 2020, there is ample opportunity to reduce losses by trading in the current range of roughly 1250-1500.
Not sure I will get back to my 2688 first purchase price, but will keep chipping away.
whenver I pick up BP shares, it's the kiss of death as my timing is terrible.
So will stick with RDSB and carry on "bottom-slicing" if SP gets back to near £15.
Otherwise just have to sit tight for as long as it takes.
Cheers & GLA - CSDI

Evening Sidi
No rush to buy anything atm. We've had a really good run with the FTSE this month, so overdue a bit of a pullback.
The US markets are incredible defying gravity. But when that bubbles bursts .... and it will when we least expect it .... we can expect a knock-on shock over here despite the FTSE being a tiny fraction of the US30 index.
Over the last decade the FTSE has gone nowhere while the DJIA has gone through the roof, past blue skies and into orbit by comparison.
Cheers again - CSDI

The only way is up baby.
I've got one batch @ 1411 with no divis
And another batch @ 1483 with 96p divis
And have to forget about the batch @ 2900.
although average costs are 1888 all inclusive, I'm only 106p from break-even with all the divis from older purchase.
Good to see BATS on a charge too, although I do not have any of those atm.
would be great if we can keep momentum going until H1 results on 18th May.

Cheers & GL my friend

Evening Jr
Oh yes, remember M&W sketches very well - Angela Rippon's career took off after her sketch with them.
Les Dawson played a mean piano tune too - wrong note with great timing.
Spot on analogy there with my purchases. Good shares with bad prices and timing is my "specialist subject" on Mastermind tonight.
Cheers - CSDI

Nice to see BATS on the move north - long may it continue.
I'm riding the other horse called IMB and keeping tucked in closely behind as the great Peter O'Sullivan might have commentated.
A lot of fences to jump in the Grand National to get to the winning post, where we were in 2016. We are only just over half way there !
Sorry if I speak in riddles, but hope you get the gist.
Cheers - CSDI

By heck Jr, are you on some of GSK's drugs or BATS whacky-backy ?
NO danger of me ever becoming ace stock picker - I timed my repurhcase of GSK impeccably last July at £16 and suffered ever since, averaging down 5 times and still too high LOL., except for one bacth sold today at profit from cost of 1215p. Next batch cost 1388p, so I am on way to that one but the summit is miles away.
Strange I looked at BA. last week at £5 and thought that had potential - I know the shipbuilding side from working there back in the 80s.
Delisghted to see IMB, CEY and POLY moving up at last.
I have nice little sideline in ASEI that's going well too.
Still plenty of dogs in my kennels though (88E, CEY, GSK, IMB, NCYT and RDSB) that are well under water !
You deffo don't want tips off me, unless you wanna be skint !
Cheers & GL - CSDI

Hi Soton and anyone else,
I've mentioned previously the similarities bw these two shares.
Having just looked at their SPs since 31/3/20, their performance has been more or less identical with a 41% rise for IUKD and 40% for ASEI.
There has been a chnage in divi yields though as IUKD cut to 27p over last 12 months vs 46.7p previous 12 months.
While ASEI has paid 20.6p vs 20.8p.
I made a choice in December to switch from IUKD to ASEI and have been lucky to find that ASEI has outperformed IUKD in this period (+19% vs + 12.7%). and has paid a much bigger divi too (3.3% vs 1.7%).
My plan is to stay with ASEI for now, but may well switch back to IUKD in due course if there is divergence in performance, on the basis I would buy the laggard for recovery.
I run a similar comparison with tobacco stocks IMB and BATS, to try and time sales and purchases.
This is not everybody's cup of tea, but just gives some alternatives to holdings in a p/f is there is room.
Cheers - CSDI

Hi again sidi
I've decided to part company with NG today. i've made a whopping 2% profit in 15 weeks and come to the conclusion a tortoise would be better equipped in a race uphill.
I will find another home for this small piece of my p/f and may go for the old dog called CNA, although SSE may be more tempting. choices,choices eh
Cheers - CSDI

Hi S-i-d-i
I am looking for 1650 to offload my next batch, iaw with my bottom slicing plans.
Don't think I will get chance to top slice any time soon, after my initial purhcase at £29.
nice to see both IMB and BATS with a bit of wind in their sails.
Next divi announcemnt due 18/5 with H1 results.
If latest news anything to go by, should be positive, as pandemic has caused many to increase smoking habits due to CV-19-stress. TBH, I am amazed that I haven't started smoking with the stress of watching the SP gravitate over the last 4-5 yrs.
Maybe, just maybe, it's broken the long down trend, and will come back to life.
Cheers & GLA - CSDI

Hurrah Hurrah (again)
Have we beaten £13 this time ?
Good old Elliot - about time someone shook up Emma
I've done a bit of bottom slicing today - if that makes sense - so cut my weighting 18% to 15%.
got a long way to go before I can start top slicing ..
Makes a nice change to see GSK SP move up - for last 9 months it's been fighting with gravity.
Cheers & GLA - CSDI

Lucky you - only 2 weeks late. Myself and Thronegames still not yet paid for our divis - arrgghh

Throne
It is appalling how long they take to provide a basic bread and butter service.
To cliam they have received money - why not ?
I had shares before Embak took over and bough some more since , so no sense can they say this money was paid to AT in error.
I will be demanding compensation, and expect to get a better reward by asking for "commmission free trades" saving £15 per trade. As this is a repeat complaint from me I will now be expecting double the compensation, as we have lost the chance to reinvest at our convenience and still not got our money. It would not happen with their wages .. it would be paid and sorted later.
They are really "not fit for purpose" imo and I will be following up with a complaint to the FCA in addition to complaints registered with Embark and my Scot Widows.
Ultimately I will be voting with my feet and taking my pension (SIPP) elsewhere, unless the compensation is extremely generous..
I am waiting on additional reply in respect of reduced commissions for frequent trading as their £15 minimum commission is massivley more expensive than the competition with IG or AJ Bell etc.
I hope you do not let them off scot-free either !
Cheers - CSDI

Time for next divi of 1.465p as goes ex div tomorrow.
SP seems to be near ATH at 112.75 after a steady rise since start of year.
Expect more growth and capital to be raised as we go thru the year.
would be great if SP continues to rise at same rate it has since 1st Jan - up nearly 6%, plus already had 1.465p divi.
GLA - CSDI

I just loathe buybacks.
In principle they sound great, but for a small PI absolutely no use.
I am sure Shell were busy buying back shares when SP was over £20.
Far better to either
1. pay down interest bearing debt - (The No 1 killer of all companies)
2. pay a special divi to the PI - at least we get some benefit

I am sick to death of directors lining their own pockets with free-options, throwing money down the toilet on buy backs.
Money needs to invested in the future - not massaging EPS to help themselves.

If you had spare would you buy shares to cancel them ?
Absolutely pointless

I do accept that it does seem to work better over the pond, where SPs tend to climb on such news, but in the UK it does not seem to work and always involves buying shares when they are expensive. Funny how there is never any spare money avialable for buybacks when SP is low. !

Rant over .. sorry folks.
I went to the Stephen Bland school of investing - buybacks are trash

Cheers & GLA - CSDI (Crap Share Dealing Ideas)
PS. Suffering from a bad bout of buying too high, as bought first batch in 2018 @ 2688p - ouch.
Got average down to 1774p for now, with plan to sell some at £15 if we can get back there (which cost 1337p last week)

Hi Throne
Stocktrade service is appalling atm. It was fine under AT until January when Embark took over.
Every divi since then has been delayed and still had the IMB one due 31st March.
I've already called and emailed them after being promised it by 9th April.
I am "on the ball" with all my divis as I have a penchant for divis - aiming to get at least 5% p.a on my whole p/f.
I have registered a complaint and expect compensation for loss of funds as I had planned to use my divis for purchases last week.
I am so fed up, that I will probably transfer my SIPP elsewhere as the commissions are just too expensive for the number of trades I have done.
GL with your shares
Cheers - CSDI

Uhhh ?
2020 Results were out last month - solid profits - EPS 33p vs 35p in 2019.
2021 Q1 Results RNS on Tuesday 20th.

S-i-d-i,
Gosh you've done some revamping of the p/f there.
I had to take loss on GGP as seems to be stuck now. I managed to get out of SLA into AV, sell AV to get back into SLA and sold again. The AV trade was good, but 2nd SLA not good, so I am ouy of those for now. With RDSB and GSK I am holding orignal batches and trading later batches, with a view to reducing both back down to max of 10% of p/f. I hope you've done well and note we are both in IMB and POLY for now. Both good divis. GL my friend.
Cheers - CSDI
PS. Apologies to others for off topic

Thanks Deos - As a new NYCT investor I am happy to buy your shares !!
Bought some at 475p first, then few more at 450p.
Looks like a good investment to me, on a risk/reward basis.
I know what it's like in this position - I bought HSBC @ £7 in 2018, selling half at £5, half at £4.20 last year as I did not like the future outlook.
We pays our money and takes our chances.
No one forces us to buy or sell, but we are all here with one aim only - to make money if we can.
GLA - CSDI

Hi CapPIg
It seems we follow a number of similar shares, but I guess you are fairing much better than me.
I loaded up in 2018 with BP @over£5, HSBC £7, IMB £29, RDSB £27, and BT £2 - so have struggled with handling big losses on all, and having no funds to add.
I've sold BP, BT and HSBC at hefty losses to reinvest, with mixed results.
My p/f is shown as a discussion chat on the "general chat" boards.
I am down approx 6% on my current p/f; and down overall 4% since Jan 2018 compared to the FTSE's fall of 11% over the same time. My current p/f is all in a SIPP, with only a small total pot of approx £40K, and I have 12 shares with GSK being my largest at 18% of p/f; IMB 14% and RDSB 11% with the latter being the worse performer with a 21% loss.
I am trying to trade down the losses from the original high purchases by averaging down costs when funds allow.
Having been at 20% cash last weekend, I have gone all-in again this week with adding, 88E, AVST, NCYT and another batch of RDSB.
As mentioned elsewhere I can only buy BATS now if I sell some IMB, but for now IMB seems to be outperforming BATS by approx 10% over the last 6 months. so while momentum is with IMB I will stay there, but ready to switch horses when we come to ex-div date again in few weeks time.
I have done similar switches bw BP/ RDSB and BT/VOD since the markets went mad in March last year, infected (?) by CV-19 !
Cheers & GL - CSDI

Hi All
My first post on NCYT as bought in a very small amount on Friday with average cost 466p - already down 10% in couple of hours . This is part of my SIPP and about 6% of my p/f.
All last year I watched as the tickwer appeared constantly on CNBC as a "top moving" share. Didn't look closely as was fully invested with other shares.
The drop on Friday caught my attnetion, when looking at CNBC at lunch time again. So plunged in at 475p with 3% of my funds, and again at 450p when I thought SP was settling.
The case for or agianst selling depends on why you are invested and your belief of recovery or not.
For me, as a new buyer - it is obvious that I will hold for the future.
For those that have bought at higher levels, ask yourself - would you buy this share today if you were not already invested.
If you can answer yes to that, then you should buy more if funds available.
If you answer no, believing the SP is heading further south, then sell up and buy back later if you wish.
Anyone who honestly believes the SP will drop (more than a tiny amount) should back their own judgement.
Conversely, if like me, you expect a recovery of SP then keep hold or buy.
I've seen so many shares that I hold fall off a cliff, and it is no fun to put it politely.
I just review the new information and reconsider by asking myself that same question. Would I buy now at current SP with the info that I now know.
Many occasions I have sold, where I believe it is the precursor of further bad news. More often that not it has prooved to be a bad choice, moreso with FTSE100 shares than AIM shares.
No one "knows" the future, so use your best judgment.
For those using charting as the basis, my experience says - charts only tell you what happened in the mirror - and never let you know whan a profit warning is coming - otherwise you would never get caught out !

Fingers crossed and GLA - CSDI (Crap Share Dealing Ideas, with smiley face)