Member Info for CSDI1962

Nicely done then !
Did not realise that you had closed one before opening the next etc.
Obv, that's why my position is worse as have kept hold of original purhcases and did not have funds to average down at best times.
I have done 4 successful trades in last 3 months, which will help me overall when it comes to selling later.
My first two batches at £29 & £21 I think will beheld for some years gathering the divis.
My purchases at 1486 and 1483 last year are covered by divis over last 6 months.
I just bought again after ex div date at 1411p.
so would look to sell between £15 and 1650 during course of this year if we get there.
I managed to average down by selling before recent ex div and buy back 90p lower with one of the batches.
Not sure that will work so well with next two divs which are the small ones - strange how they pay 1/3; 1/6; 1/6; 1/3 as divi over calender year.
With current divi 9.7% something has to give, and hoping the yield falls with a rise in SP, but that is not a given by any stretch of imagination.
Cheers & GL - CSDI

nice to see a bit of director buying. Could do with some more to instill some confidence and help change the sentiment here.
£30 does seem like a heck of a dream atm.

I think the divi should be safe for a year or two as only just been cut from 206p to 137p.
But no use giving us a divi if the SP keeps dropping by more. the quarterly drip of the divi does allow the SP to be manipulated lower on a regular basis.

GLA - we need it
GLA

Hard to see how you trade those purchases out at a profit if you were holding throughout purchase timeframe.

I say that as someone in almost identical camp, and have bought some lower that have been traded for profits, but left holding the oldest purchases at big loss, even with 3 yrs divi in case of original purchase.

Ummmm .....

However can agree, it looks unlikely prices will return to £25-30 levels.
But it always looks darkest at bottom of the well, and we may not be at the bottom yet.

Hi Rob, don't know about that - changing my name - I couldn't get away with picking all the losers.
I am fully invested for now, so nothing to put into VOD. Amazes me about how long the Broker Recs have been saying the SP target is 175-200-225 etc. Never seen one below 150 that I can think of.
It seems to be one of the many mature FTSE100 shares that are out of favour as lack new growth prospects.
Maybe alright as a utility/dividend payer, but that may suffer if the debt does not get paid down.
Might be worth slimming some of the holding to free up some capital - i've done that with GSK getting rid of one of my batches recently for a loss that was manageable, so I could add a bit to one of my two traders.
If you are looking for big divi paying shares would suggest look at FTSE 100s
AV, BATS, GSK ?, IMB, LGEN, MNG, NG., PHNX, SLA, SSE.
I am having some fun trying to trade CEY (down a lot) and PFC (up a bit).
I have a couple of nice divi payers with ASEI, SUPR too.
I certainly would not put my house on VOD or any other one share come to think of it.
Good luck my friend - we all need some of that !
Cheers - CSDI

Josh, wondered where you'd been Shorty - it's like having a bad dream come back - you've been very quiet last few days while SP been climbing since your last post (14 Feb).
Notice you have clear agenda with PFC only posting negatives about SFO etc.
You are entitled to your view as much as the next person, but 14 posts all the same theme - give it a rest will you !

Sorry I asked Usu-Right !

I only have about 10 shares on average and 9 at the moment.
You can see my full p/f with %age weightings in the "General Chat BBs".

JR - I'll ignore your question thanks, but will say it is a lot less than you have invested in here. I am not interested in comparing size of our wallets !

Would be nice to see GSK consolidate above £12, but we know one swallow doesn't make a summer.
Let's hope we can string a few positive days together after the recent bad run, which was cemented by the ex div shenanigans and Broker bear-casts as alluded to by Toff.

Cheers & GLA

Hi folks
Decided to risk adding my 3rd batch this morning at 109. Gets my average down from 130 to around 125p.
I am hoping we are forming support around the 102-110 area, but am aware the trend is strongly down atm.
No doubt a patient investor would wait for sign of confirmed consolidation, so clearly I am not patient enough LOL.
Cheers & GLA - CSDI

Prusssell, SDs are ok if they are just excess share of profits like MRW. If they come with share consolidation then they does us no good at all. Had same with SLA in 2018, and the SP still not back to where it was, and you are left with less shares for your divis.
Interesting there are a lot of complaints about AV divi being cancelled, but I have done better by selling SLA at a loss in December and swapping to AV then.
I suppose we win some /lose some.

Nuri, I make no sense of your post re FTSE as now 6617 vs 6460 at 31/12/20.

Oh Rob
Should I have consulted with CSDI LOL.

Hi Patient, Hope the VOD SP allows you to keep playing "Snakes & Ladders" as it's better than the Tiddly-Winks I am playing with my shares. Someone has removed all the ladders from the boards, and the snakes are having a field day.
I've just done a 3rd batch buy of goldie CEY today, but fear the snakes are still in control there too.
Cheers - CSDI
PS. I will have strong words with Dan over his wild predictions - it must be the medicine he's on

Hello usu right,
"I have an underweight holding" - what are you the FTSE index ?

So do you have any shares in here or not ? (as I would not if thought £10 was the most likely outcome your view suggests)

I have around 17% of my p/f in GSK at average cost 1460p, and have received dividends of 40p per share average as held some shares for over 6 months, and some for less time.

I had anticipated an exit at around £16 until recently, but now looking to lower that target following the info with annual Results. Most of my p/f is targetted at HY shares to generate income for reinvesting, but it is not doing very well with GSK as you can see.

So I need to know in your "usually right" opinion should I sell up and invest elsewhere.

Thanks - CSDI

Hi Dan
You can always find me on the "general" chat boards - either post on the "CSDI PORTFOLIO" or I crash the Red Braces chat most days. I have 9 shares atm and I try to look in the evenings after work. Only occasional posts during day.
If you click on my ID on any post with VOD it should show what I've been up to.
I had a shocker last week with GSK & IMB getting smashed with the ex-div fuelling the falls.
Just having some banter on NG with another copying Patient's VOD scheme. I thought NG would be safe but its already tripping me up !
How's tricks with the Danh p/f ?
Played an international chess match yesterday and got battered - a bit like my share dealing skills.
Apologies to all for going "off-topic" and GLA holders of VOD - you need it LOL
Cheers for now - CSDI

Hi Sig
I thought I had another safe one with GSK - lovely long term chart for 10 years from £13 to £18.
All prices few pence +/-
Bought batch 1 @ £16 last July
Batch 2 @ £15 - July
Batch 3 @ £14.5
Batch 4 @ £14
Batch 5 @ £13 approx- sold before divi @ 1275p and bought back at £12.15
Current SP 1205p - ouch
Trying to work out whether to
a) just hold all
b) sell 1 batch at a loss - to cut %age tied up
c) sell 2 ditto
d) sell all and take loss approx 15% to date, as had some divi income
Choices choices but you know what happens.
If a) then SP continues to fall
If d) then SP recovers afterwards
Many LOLS
Cheers - CSDI
If b or c) then m

You may need a lotta a lotta luck with this one.
I think our resident expert on VOD is Patient - with his trading plan.
His plan seems quite successful with a lot of trades to make a penny or two on top of the dealing costs etc.
As for me, I decided to sell up earlier this month just for a 2% profit after a few weeks, choosing to put the money into a trading share for me - PFC.
I did not have enough funds to trade VOD as my timing not good enough.
Good luck

Hi TLG & Sig1
Great ideas but you have no knwoledge of how my natural skill comes into play.
I am blessed with a natural ability that buys a share just before it drops off the cliff or sells just before take-off !
Hence the name CSDI - Crap Share Dealing Ideas LOL

You should now be concerned that I have recently bought the "safe NG" at 865, thinking 850 was nice support.
Within a few weeks it smashes through the floor/support and drops to 826.

Cheers - C

Divi pre-flagged provionally of 14p - ex div 8/4 payable 14/5

Good luck - I hope it works for you.
A similar poster does lots of little trades on VOD looking to make 1 or 2 % after costs as well.
I suspect you need a decent chunk of capital to have multiple trade batches.
Always a worry if SP keeps falling for any length of time.
I tend to buy in batches, typically 4-5% of p/f and look for bigger gains of 10% when trading (3-6 month targets).
I am suffering with GSK and IMB as now have about 35-40% of p/f tied up in those two.
Only got one batch of NG which cost 865p + comm + SD, so expect I am stuck here for some time.
My next purchase would be below £8 if I have funds available at the time.
Cheers & Good luck - CSDI

Toff
How much of that is down to cable
Q1 2020 R/E average <1.3 and is now > 1,4 i.e approx 7% differential

I am sure the GBPUSD R/E is taking its toll on CEY SP currently.
The rate was just below 1.3 in Q1 2020, but now just over 1.4, so that alone creates approx 8% headwind.
The production hit with the west wall causes lower production and an increase in the AISC, esp with the increased capital expenses adding to the general overheads.
Velo is wisely waiting for the SP trend to change direction, but for those already invested it would seem more sensible to hold for now. My average cost is around 130p, ao an unplesant 16% loss atm, but provided production comes back at the suggested 450-500K Oz annual rate, then free cash will come on stream as long as gold holds around $1800.
Having seen CEY drop to below 30p about decade ago, and eventaully recover, I am anticipating a reasonable rise in the SP in due course and have a target of 150-160p. My purchases were intended as a short-term trade of 3-6 months, but I suspect I may be here longer waiting for my target. In the meantime I will look forward to the 3c divi expected with the Results soon, and wait for a further divi later in the year.
Cheers & GLA - CSDI

Hi Soton
Likewise I hold a number of HY shares, but generally these have disappointed as tech/growth has been flying while HY (or value in my mind) has been out of favour in UK. I think we both hold AV which is coming to life at last. GSK seems to be in trouble and i am in two minds as whether to hold on while now at multi year lows, or cut and run, which would mean about a 15% loss on about 18% of my SIPP. I have escaped from VOD and BP, and have gone for PFC as a "Recovery play".
I have just run a chart comparing ASEI with IUKD which shows ASEI is better over 3 & 6 months, and slightly worse over 12 months. Now that IUKD divi has been cut to approx 50% of LY levels of the first 3 qtrs, gives ASEI the superior return.
A forward yield of 6%+ and the statement alongside Q1 divi stating plan to pay at least 20.7p this year vs 20.6p last yr gives ASEI the higher yield.
Best wishes & Good luck - CSDI