Member Info for CSDI1962

I prefer a bit of AC/DC - "It's a long way to the top if you wanna Rock'n'Roll"

might need to have a little top up, as my only tranche @ 1300p

Good luck Mary et al

As Deutsche bank issued note on 4/3 with TP of 1150p, your £14 bottom TP not accurate.
Not to mention the Credit Suisse brokers which created quite a storm on here a few weeks back.

Anyway all Broker notes are about as much use as .....
Best to treat with ton of salt and largest barge pole available.
One will say buy, one says sell and another says hold.

Sure some will be proved correct at some point, a bit like the old stopped clock is right twice a day.

for me GSK certainly represents good risk/reward at the moment.
My average cost is 1460, with several batches purchased since last July.
My most recent purchase about a month ago at 1215, has a target for me at 1350.
My oldest purchase at 1612 last July, has a target around £16, assuming I can collect at least 12 months divis first.

Also try to trade around ex-divs, selling some just before and hoping to buy buy at lower price (to cover divi and dealing costs). It worked last time selling some at 1274p on 17/2 and buying back at 1215 on 19/2. Will it work next quarter ?

GLA - CSDI

Hi Bladey
It would be nice to think the SFO have a conscience about businesses they affect, but I would not expect so.
They have to be seen as "independent" and like the police do their job, there may well be innocent parties caught up.
The SFO remit is to prevent fraud etc, and clearly we have an issue with Lufkin pleading guilty.
If only the sentencing had gone ahead in January that may have helped bring conclusion.
But it seems there is further information that the SFO are using now and they will not rush for our (SHs) benefit.

I decided to keep hold of my position today, as it is very small compared to many posters, but not sure if it was the correct decision. I normally review any position when it falls to 25% loss, and atm I am down about 18% (ave cost near 133p) so will wait and see hw the music sounds tomorrow. If we can hold above the all time low of 101.7, then I will stay in and look to add a little more. If we break below that, then it will depend if any signs of buyers coming to support the SP.
The results are expected to be materially lower than 2019 according to the Dec (pre-close) RNS, so any news that is less than disastrous might give the SP a boost.
If PFC can weather this storm and it had £1B in hand at year end, then this may turn out to be the best buying opportunity we can get.
I only have about 7.5% of my SIPP in here, so not the end of the world if goes pear shaped completely.
But as a Risk/Reward it might be worth topping up to around 10-12% of p/f, if the SP shows some support.
I guess we are in for a tough day tomorrow and let's see if January's similar range holds out.
GLA - CSDI

PS. do not blame the shorters - they help give is a lower price to buy.
As a buyer you should want a lower price, so do not panic folks.
Just try to keep a level head, and keep a position size appropriate to your risk/reward tolerance.
There are no guarantees at all, but we may all be smiling in a few months time if things go our way.

Hi Folks
I've not looked at the recent IMB SP movement around ex div dates yet, but have looked at IMB at length as held my biggets position there until recently. Their 48p divi was greeted by a greater than £1 drop. I sold 1/5 of my position on 17/2 @ 1505p just before close on day before ex-div (18/2) and bought back @ 1411p on Friday 19/2. If i'd waited a couple of more days could have bought back another 50p or so lower. It has been a repeated trend.
It does seem most big divis in the FTSE100 do get trashed, a fact which was alerted to me by another poster Toff_Appleton.
I have a small holding in BATS, bought at 2546p on 2/3 (when I sold part of IMB@ 1372p), which I would intend to sell just before ex div day, with a plan to buy back approx £1 lower if possible. Or maybe just keep until ex div and sell on Thursday morning. I am hoping for a bit more of a rise over the next week leading to ex-div, then expect a pull back from the ex-div and possible end of tax year selling too.
All pure guesswork on my part, and of course anything can happen with market news (good or bad) at any time.
We pays our money and takes our chance.
It's all about Risk/Reward, and never any guarantees in this game.
GLA - CSDI

Mary
I am only expecting 3c this time (105m US$) per previous guidance.
See RNS 2/12/20 (below) - COMMITMENT TO SHAREHOLDER RETURNS

It is the Board's intention to recommend, subject to final approvals:

· US$35 million as the 2020 final dividend, bringing the 2020 total dividend to US$104 million

· A minimum of US$105 million as the 2021 total dividend - distributed as an interim and final dividend

Cheers - CSDI

Hi folks,
CEY closed down over 3% today, while others fared better such as Polymetal.
CEY is in trouble on the chart, looking very bearish, but is their potential support around £1 level ?
I have been buying over last 3 months - 126 Dec, 133 Jan and 109 Feb for an average of 125p currently - down 17% or so.
I am weighing up whether to add some more this month, or maybe sell 1/3 and and put my next purchase into POLY, so would have roughly equal amount invested in both.
Sentiment is badly against CEY atm, but with results due on 22nd, could there be some positive news and a catalyst to move higher ? I am thinking we may have a long wait (2 yrs or more) before we are back to old production levels, and Gold is right in a tough spot in a big down trend, but talk of a turn is in the air.
both CEY and POLY offer big divis over 5% p.a, and Poly's recent results were excellent in view of 2020's headwinds.
I am inclined to take a loss on 1/3 of CEY and add to more funds to put into POLY.
That would put me at about 12% of p/f in Gold miners against my preferred limit of 10%.
Another favourite for many is junior gold prospective miner - Greatland (GGP) which has dropped SP around 40% from its December highs.
1. Where would you put your money ? CEY , GGP or POLY
2. Who would take a partial loss on CEY (so close to the 52 week lows) and put in another Goldie in pursuit of better recovery.
3. Who refuses to take any loss and hold out for as long as CEY recovery takes, thereby tying up capital and missing other potential opportunities.

Cheers & GLA - CSDI

BATS is already taking cannabis LOL

Hi Crazy Carzy
My name is CSDI - Crap Share Deailng Ideas - as I specialise in getting it wrong, unintentionally of course.
The subject of HYPs and divis is something I've followed since 2004.
There is no such things as "Safest Divi Stocks" as everything comes with Risk and Reward - no free rides or guarantees - this is the stock market after all.
Without recommending anything there are number of candidate shares strating in the FTSE100. All of which pay or forrecast divis > 5% p.a:
Aviva, BATS, BP, Evraz, GSK, Imperial Brands, Legal & Gen, M&G, Nat Grid, Persimmon, Phoenix, Rio Tinto, SSE, VOD .
There are many more from FTSE 250 and Inv Trusts etc.

My p/f inlcudes ASEI, BATS, CEY, GSK, IMB, NG, SSE and SUPR - all with big divis, but many have suffered big drops.

I would suggest if picking 5 or 6, pick one from each of 6 different sectors to give a bit of diversification. Or split one amount 50/50 if you want two insurers or tobacco shares etc.

Good luck whatever you decide.
Cheers - CSDI

Did I hear Dan calling for the loser's "roll-call".
I am still chipping away on other shares, fully invested and avoiding the "flying-VOD", while Patient carries on buying 128, selling 129, buying 127, selling 130 and generally having a great VOD party.

I bought SLA last week - and sold yesterday with the divi cut. Shares fell about 10%, and I managed to escape with about 5% loss. This week I've added CMCX and MCRO to my p/f, but made another mistake with MCRO so that's getting dumped in the morning in favour of PFC, which looks ready to kick on a lot quicker than VOD.

I've busy socialising with "The Brigadiers" in the Red Braces Brigade chat room for traders. Must say I am not a good fit in there, but does allow every one else to feel better when they compare their profits to my losses.

Keep going Dan - must be fun watching Patient's pattern weave its profitable route.

Cheers & GLA - See you soon - CSDI

PS. If ever want a chat, leave a msg in CSDI p/f thread on the General Chat forums

Q4 TU is due 8/4/21.
The Q3 statement was very positive and indicated profits would be close to double the PY.
Question is, what is already factored into the SP and will the profts be so strong going forward as CY is massively boosted by "stay at home workers". I am looking for a hefty divi as the H1 divi was 4x PY. That may be a bit much for H2 divi, but there must be good chance of siginificant boost, even if paid as a "one-off" special to indicate future divis will need to be reigned in.
All just my thoughts, and yesteray was my first ever purchase of CMC shares (@370p).
Cheers & GLA - CSDI

Yes folks, a bit of a sickener today, and I sold at lucn time @ 306p, wishing I'd acted before going to work as SP was 316 then.
I made a poor mistake buying this last week @ 321, following a good run with Aviva which I sold for 15% afer 3 months (early Dec to early March). I had previous held SLA for nearly 3 yrs from before the consolidation and SD. The divi was reliable but still ended up with smal loss of 3% when sold on 3/12/20.

Like zac0 - my normal routine is to buy HY shares, hence the original purch of SLA, swap to AV and back again.
For a change I've gone for a trading share today and bought MCRO which has a 2% divi this week and I will be looking to trade in and out for a couple of % on a regular basis, taking my idea from other traders.

In search of HY, my p/f includes ASEI, BATS, CEY, GSK, IMB, NG, SSE and SUPR.
Other shares I hold with divis are CMCX, MCRO, RDSB
Non div: PFC
Some others for rearch with HY are: AV, CTY, HHI, LGEN, NCYF, VOD.
Not recomended anything as I am strugling myself - just ideas for consideration

Cheers & GLA - CSDI

does seem harsh.
LSEG is off by around 5% and PLUS around 3% too.
Maybe factoring in, after last years Covid created thousands of wannabee traders, that we are coming back down a bit.
I've just made my first ever purchase of CMC today @ 370p after some weekend research.
My view was it represented excellent value as the Q3 report indicated earnings would be twice as good as last year's EPS figure of 30p . so assuming EPS of 60p and weekend SP of 380p, the P/E was only 6.3 or so.
Throw in the divis over last 12 months of 21.38p, which I would expect to see an increase for H2 20/21, you have a yield in excess of 5.5% - what's not to like ?
When you see some stocks with no visible earnings, and projected P/Es of double digits and much higher, it beggars belief ... but that it is our stock market for you.
GLA, but just a word of warning that I have an amzing skill to buy shares just before they drop like a stone, or sell them just before take off, so have the name C S D I = Crap Share Dealing Ideas.
Cheers - CSDI

Yes but increased from a drastically low divi last March.
Over last 12 months divis = 26.99 approx 3.9%
I sold out of this a few months ago because of this cut back from previous year of over 50p.
So effectively a 50% cut in divi.
The SP has not recovered to the £8+ levels either, that it was at the end of 2019.
I moved to ASEI where the divi seems more secure, but likewise the SP not recovered from 2019 levels there either.
I did put something into HHI which has some of the IUKD and ASEI holdings, but put that into ASEI to consolidate as two very small holdings did not make much sense.
Just my thoughts but be warned of my acronym
CSDI = Crap Share Dealing Ideas LOL

PS. I am mainly a HY investor and not very good at it at all TBH !!

Thats a nice price to average at. Not been down there for about 3 yrs !
I am quite a bit higher at 875p, so would like to see 950.
Have to be patient with NG as slow mover up; bit quicker on way down though LOL.
Good divi well over 5% while we wait.
Would gladly take a profit of 10% over 12-18 months with or without divi, and then wait to have another go some time later.
GLA

Othode,
Have to agree with you. This is my first purchase of a REIT. Just looked like a safe home for the forseeable, with a nice divi.
Certainly expect to be here for some years, and now know what to expect as it grows into the Retailer Property space. Certainly a theme that has been repeated many times over the years with various/Retailer sale and lease back schemes.
Not a bad share for a LTH, and represents about 6.5% of my SIPP and yields 5.4% which is far better than any money in the bank can earn these days.
Cheers & GLA - CSDI

Gary
See the MAO3 thread message below.
That's very informative from the SLA website and far more educated than my 2p worth !

NSS - That sounds like a Martini advert !

Hi JR
It does not help us does it ?
In one version the divi is well covered, and in the other barely covered.

Anyway I am sure fags will remain popular for some time yet and maybe moreso in the developing nations rather than the socalled richer nations like UK LOL.

When we get back to travel again there will be increase in volume from the Airport/Duty Frees (I hope).

Happy to have biggest chunk of my SIPP split between IMB & BATS - the divi looks distinctly unsound so I am counting on the yield dropping for both as SP increases, esp as IMB already cut by 1/3 LY.

Cheers & GL mate

Hi Genghis
Yes I am mainly a HY divi investor. Gets me into a lot of trouble at time, tyeing up funds when SP moves against me.
All my shares are in my SIPP - with 90% chasing HY and 10% for fun/trading.
My biggest holding at 17% of p/f is GSK, which has been battered since last summer.
At current level just over £12 it is worth investigating on risk/reward basis.

My two biggest yielders are tobbaco shares - BATS & IMB. I've only just bought BATS by selling some IMB at a loss as been holding IMB for over 3 years.

If you want to view my full p/f - I have it as a discussion on the "General Chat" forum.

Be warned though as any share I purchase is likely to suffer the CSDI curse (Crap Share Dealing Ideas) as
"CSDI has a natural ability to buy shares just before they drop like a stone and then press the "sell" button just before take off" LOL

Cheers & GL - CSDI

That seems a bit high to me.
I've just bought in this week at £13 for the divi. I would be more than happy with a 10% rise over next 12 months.

The business is smaller now than it was a few years ago, having given up a lot of the domestic market to concentrate on renewables. The EPS is lower too which means the divi is not covered as well either.

I am just looking for slow and steady, and looking at the chart thinking I may have bought prematurely, as the trend is down and £12 looks like a better level to invest at. Fingers crossed the March 20 lows and Sept 20 lows form an upward support trend line extended to date.

Cheers -CSDI