Member Info for CSDI1962

Fred is a genious !
We are all just humble stock price pickers.
So may I go for same again next week please Mr Roofer61 ? the old 1-2-3-4
Cheers - C

Well it's the same old story. Good news or bad news, the SP takes a hit.

H1 results show pre-tax profit of £439m (8% fall) , on 11% lower completions than 2021 H1.
Assume H2 has profit as H1, would give 880m PBT, mid way between 2020's and 2021's FY profits.
I am sure completions will be greater in H2 than H1, in line with the normal PSN way.
So it's hard to understand a drop in SP from over £32 down to £17, but Mr Market does what he wants.
Hopefully current falls prove to be a gift, but you never know.

I've just added a few more shares at 1725p + fees, to increase my shares to 176.
Average costs now 2025p, and an SP of 1962p required to break even, with divis received to date.
A planned target of £25 to sell 1/3 of my shares seems an awful long away, but time will tell.

GLA - C

Me too, but only a few shares @ 1725p + fees to take my tally to 176 shares.
Average cost now 2025p.
It seems I'm always buying shares with a big sense of gravity.

It looks like a long wait before we get anywhere near my first target of £25.

GLA - CSDI (Crap Share Dealing Ideas !!!)

Mikey

Just be grateful you do not hold my only share - PSN - ouch again !

Cheers - C

Fred back on the Gold podium - clearly a star predictor.
Well done Fred.

Can I have 123.4p for the Beached Whale Comp 19th August plse ?

Cheers - C

Hi Soton

I sold out of all my shares in May last year, to cash in a small SIPP.
Decided best use was to pay down debts and mortgage, so now have much healthier equity in our house.
for the first time ever, we own both of our cars too.

In order to keep my hands in, planned to start a small ISA with some of the SIPP, so no more tax grab on divis etc.
Have messed up quite a bit (as normal) and just hold one investment in PSN.
Hope that will compound nicely with the big divi, and will sell 1/3 at set targets £25, £27.50 and £30, if it ever gets to those levels. Otherwise will just increase holding via DRIP.
I did have ASEI for a while which had a nice divi and a varied set of holdings.
Hey Ho - think I'm a bit off topic as this is a VOD chat. A lot of simularities with GSK if you ask me - a decent divi but SP always seems to struggle - my view FWIW is that VOD is one to trade, buy around or below 120 and sell around 130.
GLA - C

Hi Soton

I'm sure you are right with that. It has a tendency to drop down well below £14 and then recover to over £16.
If you have sufficient funds, you could hold a "core" for long term
and then have a "trading batch".
Hindsight is phenomenal - it could have stopped me buying PSN at £23, £21, and £20 lol.
Still i'm only down about 7% thanks to some divis, especially on my first batch.
Cheers - C

Soton

Wish I had funds to buy GSK.
Great long term trend for over 15 years. Buy <£14, sell > £16.
Repeat twice a year. you make 20% + divis.
Was flying until recent split. Always massively behind AZN in capital growth of SP, but much better for long term trading.
I frist bought GSK @ 1350p in 2007, and AZN was approx £28. For years AZN was 2x GSK SP. but eventually AZN broke the mould and now 4 x the SP from 2007, while GSK back to where it was again.
GLA - C

Mikey - VOD is great for amatuer skiers - only down 12% in 6 months, and up 2% over 12 months.

For pro-skiing try my share with PSN - down 25% in 6m and down 36% in 12m.

Now that is what you call a ski-slope LOL

Cheers - C

Must say a big "thank you" to Robleo for keeping the comp going for so long.
As they say, all good things must come to an end.

As someone who only has one investment, in another share, there will be little point in me adding any comments to the VOD chat. So I will say my farewells to all VODders and wish you all every success.

Cheers - C

Hi Nomad

As you know the PSN yield is approx 12.5% today vs 6.8% for TW.
so with 34K shares of TW, at current SP approx 126p, you could generate extra £2.4K divi if the current payouts remained the same, over 12 months.
This does not take into account cost of selling TW and buying PSN with stamp duty which would eat into your possible gain.
The bigger question is, what will happen to your capital from here. Would PSN grow more than TW ?
It's not one I would like to call.
Is it worth, splitting the investment 50/50, hedging your bets, or simply leave alone.
My experience with moving shares tends to be very costly, so maybe patience is the best option.
Also note the next TW divi is for shares held in October, while PSN is not until next March.
So maybe sit on the fence, pick up the next TW divi and then review.

You cannot call this solid advice LOL, but just the mutterings of a serial underperformer.
Hence the moniker CSDI = Crap Share Dealing Ideas

Hopefully others can come up with better ideas, but at the end of the day it is your money and your choice.
I would not act on advice from anyone on here, but would listen if ideas are constructive.

ATB - C

A lot of "money-men" reach the top spots, but do not understand how business actually works.
They just see numbers.
Understanding customers is probably a greater skill.
Managing costs is normally about head counts, esp in service/utility sector.
Cheers - C

The SP has been holding just below 120 for most of this year, with slightly higher lows.
The converse is also true with slightly lower highs so we are moving to one of those periods where a breakout is imminent. Unfortunaltely I can't work out which is most likely - a break up or down.
If we drop to the low 100s that is more attractive as an entry point but more painful for existing holders.
So I'll just keep watching for now, as like Robleo, I have limited funds.

GLA - C

Where was Read before this position with VOD or is he a VOD-lifer ?
Never looked into his past

Cheers - C

Robina

My view with topping up is like Rob's.

If you can make your average cost lower per share - then that can't be a bad idea - that's if you think VOD is the best palce to put your money. If like me, you've only got one investment then little point in making separate tiny pots. I've a plan to top up my PSN shares next week as the current SP is about 11% lower than my average and 20% lower than my first purchase. Pound cost averaging.

Cheers - C

Steve

Not sure about that

PSN & BDEV hit lows on 19/3/20. TW hit a later low in September just a couple pence down from the 19/3/20.

BDEV was 349p now 485p = +39%
PSN was 1367p now 1860p = +36%
TW was 101p (on 19/3/20) now 125p = +24%

Dan - while you're in deep thought, I'll go and have a game of chess and some beer to go with that pop - as I like a Shandy or two. Looks like I will not be collecting any medals this week.

ATB - Chief Protagonistic (old) Git - C

Rob

You should have been appointed as chief peace maker.
I love Dan's wicked sense of humour, but wish he could just ignore his protagonist.
I hope Dan puts an appearance in here, with his missing guess.

Some interesting thought provoking issues on the PSN chat today as the SP taken another hit.

Take care - C

Dan - good to hear from you - we were concerned.

TBH your reply to Mikey is really not on. There was an olive branch been put out there.
Not surprising that Mikey would retalliate afterwards.

All in all pretty sad
So maybe time I disappeared from here for a while as don't need to put up with this.

C

Strictly,

It's good to have some constructive discussions to throw ideas about.

None of us should be making serious investment decisions based on this chat.

My experiences have been pretty sobering, and all of which are entirely down to my choices - hence my moniker of CSDI = Crap Share Dealing Ideas :)
No one forces us to buy or sell any share and we all should take responsibility for our own investments and the results and consequences that follow. I really dislike some of the foul mouthed banter that goes on with some posters on other shares.

Great to have a proper discussion

Cheers - C