Member Info for CSDI1962

Hi Folks
I have trimmed my 19% holding down to around 12.5% today as sold 2 batches at 1372p.
And used the proceeds to by BATS as believe both shares materially undervalued.
It splits the risk from a company persepective, but of course does not diversify from sector issues.
One batch cost 2125p in August 2019, so taken a 22% loss on that batch, helped by £3.37 divis per share.
And sold a batch that cost 1486 in Jun 2020, so taken a loss juts over 1% on that one, with divis helping of £1.17 per share.
Leaves me with 3 IMB batches, costs of £29, £14.83 and £14.11 respectively. Need SP 1687 to break even on those atm accounting for divis received/receivable.
so time to sit on hands for the long haul ahead with IMB now and hoping that both shares start a decent recovery.
Cheers & GLA - CSDI

with the nice little rise so far this week I decided to go "half'n'half" by selling 50% of my shares today at 374p.
After buying at 333p early December, made a tasty 13% profit in 3 months with the help of the 7p divi.
Still got half my holding which I can now hold until results come out on Thursday.
My plan is to buy back in if we have a pull back, or buy LGEN (results next week) if shares rise sufficiently.
The reason for selling is that there has been a lot of pull backs on good FY results over the last month, with only a few good rises on results day which have mainly been for the "bombed out" sectors. Insurance sector has held pretty well since the March lows last year and AV is now a few percent above where it was 12 months ago. This way I am trying to get the "best of both worlds" so wait to see how the market does me like a kipper this time !
Cheers & GLA - CSDI

Patient,
How's the trading for pennies going ?
Are you back into buy territory yet.

You should patent your strategy to help other VOD patients suffering severly with loss of life symptoms caused by the VOD SP.

PS. I am just spectating on VOD for now as fully invested in other disasters of a Titanic proportion of which some head south with reckless speed. (CEY, GSK, IMB, RDSB are main culprits) LOLs

Auto1
Not necessarily so.
CEY sells gold in US$ not GBP.
Results are converted from US$ to GBP, so lower value of GBP helps.

Eg. Current R/E approx 1.4 (for ease of use)
Ave R/E Q1 2020 was 1.27 - so we have approx 10% worse conversion rate now by selling in dollars today.

Strong GBP = higher R/E, lower GBP vice versa.

TR,
In a closed period - really ?
I thought "closed periods" were for sensitive times before issue of Results for FY and H1. And as results were published last month that makes no sense to me. Closed periods are to stop trading based on "insider dealing information".
Please advise if I am wrong, and what is the correct definition of closed period.
Thanks - CSDI

Not bad is it - 50K nil cost shares as "reward" for appointment.
Where's our reward for investing in this company ? - Down over 50% since my first purchase in Jan 2018 - ouch.

Because Management says so after 20/21 - 80p for this year expected. Reduction expected 21/22.
Refer to report with year results and follow an Presentation.

not to mention no edit facility for all of my typos - arrgghh

Can anyone do anything to prevent the proliferation of Threads with the same subject.
It really is a pain in the back side.
Can moderators deal with at at all ?

Hi Olda - And getting better for you too !!
When it is ready to pop'n'drop, with mining stocks flying atm I wonder how much of a pull back we'll get.

Just goes to confirm why I am called CSDI - Lol

Not likely when he is a VOD Employee with share options too.
I just fear he has all egge in one basket - which is a recipe for disaster when things go wrong.

I have a friend who used to work in the Halifax bank.
Lost her job in the crash with thousands of others - plus her long term shares in employee scheme lost around 90% of value.
Double whammy.

I have tried to reason with Mikey, suggesting split his shares into smaller batches to manage the situtation. But he chooses to ignore any constructive criticism, so I am left banging my head against a wall.

I bought VOD at over £2 back in early 2018, bought some more at about 165p on way down. Sold half at 128 in June 2019 for a 25% loss, and sold at 152 in Jan 20 for 11% loss. Had a recent foray but sold at 134 for a pointless 2% profit and now not got any VOD.

The point is - I took a decision to accept a loss or two, to redeploy the depleted capital. No point flogging a dead horse. Maybe VOD will come back to life at some date in the future and when it does I will look to buy if funds available.

One option to try and reduce loss is trade around ex div dates, as the market seems to give big divi payers a very tough time and drops the SP considerably more than the divi. I've done this with GSK and IMB which are both in loss making positions atm.

It seems Mikey does not want to consider doing anything other than blah blah blah.

I really need to stop wasting my time talking about Mikey, but he craves the attention judging by the number of tedious posts.

Cheers - CSDI

AlphaC
I've had 3 goes buying at 125, 133 and 109 since early December.
I was hoping to trade a profit over 3-6 months, but looks like I've become a LTH by default.
Trying to pick the floor is a mug's game.
Most sensible option would be to wait until the SP shows evidence of rising - which I thought it was doing when I bought 2nd batch at 133 on 7th Jan.
Alternatively just dip your toe in and spread/average your purchases.
The SP could easily drop much further yet, but hopefully not for any existing holders.
Any future buyer should be wishing for lower prices.
Cheers - CSDI

1. If I could predict the future, I would not have bought GSK 6 months ago !
2. The directors will get richer whether the share goes up or down
3. TBH, no one "knows" the future. To quote Peter Lynch:
Stocks either go up, or go down (more quickly) .
4. For short term traders, it's a 50/50 bet and there are many more losers than winners.
5. For LTH (investors) it is a risk reward calculation.
So for GSK, this is the best opportunity we have had for many years.
I am overweight at 17% of p/f, and down approx 15% to date at average cost 1460; and after counting divis averaged 40p per share held.
But as PL also said "Just 'cos stocks have fallen already, does not mean they cannot go lower; and vice versa.

Yours truly - C S D I (Crap Share Dealing Ideas) has no idea

PS. My prediction is GSK will get back to £16 eventually, and I will trade the quarterly dividends until then, reducing my allocation as SP increases in stages , starting at 1350 then 1500, 1550 !

I need a brighter mind than mine to suggest -How to manage the position if SP continues to decline.

Interesting you mention HHI.
I had a very small holding there but sold at beginiing of Feb to consolidate with ASEI, as both funds/trusts pay around 6.5% p.a divi. I am still waiting to be paid for a div that was due 29th January, as Stocktrade transferred ownership to Embark.
It's ridiculous that I have still not been paid but have negotiated compensation of double the divi in form of "free commission" trades.
Having already held IMB for over 3 yrs, I am sure another year or two won't harm.
And I've got the GSK dog too which is about 17% of my p/f - ouch again.
I am not called CSDI for nothing LOL
Cheers

Hi Manfor.
This is my highest % holding with 19-20% of my SIPP invested here.
It is very concerning that the SP is in a 4 year downtrend.
I first bought a 6% "safe dividend" in Jan 2018 at £29.
Then bought a 10% ditto at £21 in early 2019.
We have had a 33% cut in divi, from 206p to 137p last year.
Now we have the SP down at £13.33 (in my account) but showing as 1353p on LSE here.
Alarm bells are ringing.
To quote an old maestro - Peter Lynch - "just because share price has fallen to a new low, does not mean it cannot go lower".
This is a dog of a share atm in a terrible spiralling trend.
When will it end ...... is the $64m question.
It is in an unfriendly/unwanted sector, long term declining, has the ESG band against it.
But earns over £1.50 EPS p.a, which is too close to the divi payout at 137p.
I am hoping the risk/reward is in our favour, but have no idea where the SP is going.
I managed to lower my average cost a little by trading the divi last week, selling part of my holding at 1505p and buying back at 1415p ish with an extra 50% more shares in the batch.
My plan was to sell some at 1650 but that looks like a tougher target now than I predicted.
A 10% divi is in the category of "too good to be true" so my big hope is that the SP rises sufficiently to take the divi down towards 5 or 6%, but that requires a near doubling of the SP which I do not see on the cards.
Fingers crossed & GLA
Cheers - CSDI

Great post -thank you !

Hi B@x
Looks like your timing was pretty good after all. I was hoping to sell half my AV at 380 this week but missed the chance and kept holding waiting for a good SP to come back. Not sure I want to hold all when results come out next week as most FTSE100s have been kicked down with good and bad results. But now we have this drop since Tuesday I don't know what to do. My cost is 336p and my original target was £4, but I would be happy to lock in some profit before results day if I could. The SP has a good 3 months five pull backs of around 20p like this week. Will it bounce or sink before results ?
Monday is a new week and new month - would be nice to see a decent kick start like we've had last couple of months.
Cheers - CSDI

Hey Guys
Let's keep things civilised can we.

Narcus - no prob in any views (+ or -) on any share but Mikey does test everyones patience. As a VOD employee it beggars belief that he only posts few words of which 100% are negative and are repeated several times per day. We have tried to have dialogue but failed miserably, but at least his latest post (19:11) contains something different. Our issue was with the number of repeated posts just clogging up the BB. I guess he posts 30-40 per week with the same few negative sylabuls.

Dan has lost patience with Mikey and resorted to harsh-humour i.m.o which Mikey construes as bullying.

Other posters have given up here because of Mikey's constant drivel.

I sold out of VOD recently and was happy with a very small profit as the SP has a mountain to climb.
My timing was fortunate as the SP has fallen constantly since.

It is difficult for holders to accept their losses and manage them accordingly. I have tried to suggest a constructive way of trading the position but not had any acknowledgement from Mikey. It would be nice if had said anything in repsonse either disagreeing or otherwise, but to totally ignore constructive comments and continue posting his drivel is totally disrespectful to me and others who try to contribute to a sensible share discussion.

In case you think I am being OTT - the CSDI is my acronym for Crap Share Dealing Ideas as more often than not my purchases lead to disasters and my sells trigger an almighty rise in SP most of the time.

Cheers - CSDI

Hi JR
That's nice and brave of you - and best price we've had to buy for over 3 months.
Good luck and enjoy the 10% divi as long as SP holds up.
At least you're sensible enought to have funds to employ as I'm thinking time to switch screen off - it's a horror movie for my p/f today to end a shocking month in the world of CSDI - really lived up to my monica this month !!
Notice FTSE now back below end of Feb 2020 - lets hope March is polar oposite of LY.
Good luck my friend - your timing is million times better than mine - my avergae price is 1868p - ouch
Cheers - CSDI

Hi Dan & Rob,
It's good to talk .... ooops is that the enemy.
I'm happy to chat with you two and any other sensible posters, but will avoid HWSNBN.
Patient should have been topping up all day, but I'm baffled why the SP drops on Towers news.
I cannot make head nor tail of most SP movements these days.
Good results ... shares fall
Bad results .. shares fall
Strategy reviews .... shares fall

Firms that are in limbo not knowing if they will surivive (CCL, RNK, TUI, SAGA,IAG, etc) non profit making (TSLA), no assets (BTC) - shares fly
Pay a dividend in tough times ... shares fall
Have no divi .... shares rise

It seems more and more the stock market is turning into a pure casino. (Even if they are closed the SP goes up !!)
Profits and divis no longer seem to form basis of SPs.
Can only hope that one day that SPs reflect real earnings, but for now the market dictates the money will go where it wants and that will send SPs up and down accordingly. Never have we needed more patience.
So all this confirms Dan is absolutely spot on - this poster is a CSDI impersonator - but is as useless at chess as he is at picking shares.
Take care folks - that's all for now ..... until next time !
Cheers - CSDI