Member Info for CSDI1962

Richie, hope you've got bigger shed than me. Mine is more like a mouse-house for my few shares.

Beware - don't take ANY notice of Broker Recs.
Eg today GSK has two - one at 1925p , one at 1300p.

Some brokers have undue influence on SPs and others have no effect at all.

Stick to your guns and ignore the brokers.
I have seen days, where you get one buy, one sell and one hold or more on the same share !! - honestly.

Dan
I am registering myself for moaner of the month if rules permit voting for self !
I am still waiting for HHI and VOD divis.
What was the song with lyrics ... "and the wait goes on"

Dan - do you get the maths behinfthe break even at 71p - this is not saying the average cost is 71p or anything close.

Say you buy 200 shares at £1 each, then sell 100 at £1.30.
You only need to sell the other 100 @ 70p to break even.
This ignore stamp duty and commission etc.

I have positions with IMB with average cost approx £19 per share.
But only need SP to get to £16.39 to break even, due to previous profits taken on earlier trades.

Apologies if I am asking Nanny to suck eggs LOL

Dan
Not had my VOD divi yet from Stocktrade - new owners called Embark.

Still waiting for a divi from HHI that was due 29th January !
Appalling service - complaint already made following two calls last week.

Dan - dib dib dib - dob dob dob - I promise not to respond any more to Mikey ...... until he posts something that merits a response

What you sayin' about me Dan ?

I guess my biggest mistake with stop losses was setting them too close to current prices.
In order to lock in profits, if I was up say 10% on a share I would want to secure 5% as a guarantee to ensure greater amount available to invest on next purchase.
As I cannot get "guaranteed stop losses" with my current pension provider then no point using them anymore.

Well done DMP with your trade.

You have every right to be upset over losing 80K + more on GSK and at least you are honest enough to admit the loss.
Clearly as en ex trader, you have access to much greater funds than I could ever dream of. Your loss on GSK is more than my entire portfolio !!

It would be better if posters showed respect for each other, irrespective of views on any share, in this case GSK.

nothing wrong with differences of opinion - it makes the world go round.

I would remind all posters:
1. No one forces us to buy any share, it is our own choice (chasing potential profits)
2. If it goes pear shaped (as often happens to me) there is no else to blame but yourself/myself - neatly acknowledged by DMP
3. It is typical that those who get it wrong shout loudest and become more disrespectful to others
4. Those that are successful tend to be quieter.

I tend to post a lot, as try to relay my experiences as a small time investor to others.
You will note from my i.d that I tend to be unsuccesful, but I hope to help others - especially beginners - avoid some of my mistakes.

GLA

CSDI (Crap Share Dealing Ideas)

Mikey,

If you are so confident the SP is going to drop every day, why don't you stop pXXXing about and do something about it ?

You will see that Patient (our regular poster) has had a significant number of small gains by actively buying and selling on an almost daily basis, just looking for a penny or two each trade.

I know you are free to post as much as you like, but why not use your time more productively and trade your position.

Obv if you do not want to trade your way around the price movement, why don't you just sit tight like any normal LTH.
In my position I do not have funds to trade so I have to take the latter position i.e sit tight.

Not sure why I bother responding to your daily drivel, but I suppose it is just my good nature wanting to try and help.

I would strongly advise myself not to respond to your monotonous posts and suggest all other posters maintain "radio silence" with you until you show signs of posting something that merits a worthwhile response.

Good luck - and we all need that

Cheers - CSDI

Hi again Robleo,
If a "guaranteed stop loss" is available that would be something to consider.
If it was available it would come at a cost, probably an extra few per cent.
Other ideas include the use of CFDs, spreadbets and options.
I have used both CFDs and spreadbets in the past, but do not have spare funds that I could afford to play with these days.
Options are more for the professional, as normal contract size is well above my level of investments.
Not a lot the PI can do if SP moves out of trading hours, but during trading hours you can hovver around the buy/sell button LOL. And you just know that when the market is so busy, your broker will have an IT melt down of some description !
Cheers & GL

Hi Robleo,
That is normally just a gift to the MMs - they see your stop, send the SP down, pocket your shares, then allow the SP to climb back.
I have used them a number of times in years gone by, but got fed up of ALWAYS getting taken out. I cannot remember a single time where it allowed an SP to climb and lock in more profit.
It's frustrating as should act as an insurance, but rarely does so.

Back in my spreadbetting days I got wiped out by CMC, when holding a bet on the US DJIA. I had set a stop loss at 100 pts below my entry but a "market gap" dropped it by over 1000 pts - pretty sure it was last week in Feb 2007, around Fed Report time. I had gone out for the night so was not watching, thinking my stop loss would cover.
Next morning my account was negative and I got a phone call asking for funds. Meanwhile the DJIA was back up to where I bought it. A painful lesson and never been back to try SBs again.

Cheers CSDI

Hi Soton
I am mainly invested in HY shares, but suffer from falling SP being > divi.

My p/f includes the following high yielders - ASEI, AV., GSK, IMB, NG, SUPR, VOD.

I have followed Stephen Bland and his own HYP philosophy for some years. Where he has been successful over a long period, I have failed miserably.
My complete p/f can be seen from the "General Chat" BBs together with constructive criticisms from other posters.

I would warn you though I call myself CSDI with good reason - Crap Share Dealing Ideas

At least it won't effect me with my GSK loss LOL.

Come to think of it - it should never effect me as I have never got into profit since starting my SIPPs in 2007 !

C S D I (smiley face)

Hi all - that is a limited audience for this share LOL.
The SP continues to meander along for now.
1st qtr divi just announced at 5.2p the same as LY.
Board have advised that investors should be able to plan for the same for Q2 and Q3, with a minimum 5.1p for Q4, to give a total annual divi of at least 20.7p, compared to 20.6 LY
Currently that gives a divi of 6.7%.
with a NAV of approx 346p, it continues to trade at approx 10% discount to its underlying value, as it has done for some time.
I am still only vey small amount invested and would like to top/double up when funds permit.
I bought this as alternative to IUKD in early Dec, selling IUKD to fund purchase.
I think IUKD has risen 2% over the same time, so no benefit to move at present.
both have a number of similar shares.
Cheers

Hi AnditsGone
Depends whether you can find a better use for what you have left.
If I had a small amount involved (for me that is less than 6/7% of my small SIPP) I would be tempted to cut and run. Can take a step back and review.
As I;ve got over 20% of my SIPP invested, thinking it was very safe, am more inclined to hold.
It could turn out to be an exceptional chance to buy a FTSE stalwart at a historic discount, or end up heading further south.
It's harder to assess the risk/reward now than it was before this weeks results and dismal guidance of lower profit and reduced dividend.

Hi Cheated,
My understanding is the vacines bus will take the majority of the Debt hit.
From an investor pov, let's hope it is as successful as the S32 split form BHP a few years ago, where you end up with 2 shares from the original one.
I've never been in a share that has done the splits, so fingers crossed this does not end in pain.
It seems we are on a destruction of value course and need something to stop the rot.
Its disgraceful how management have failed to profit from a pandemic.
But they will do just fine whatever happens. thanks to their rediculous pay contracts and share options, while we the PIs pick up the tab.
As someone who is used to picking bad investments, this is another to add to my growing collection.
I am hopeful at least there will be a long term recovery in SP, so will not be crystallising my losses in the forseeable.
The question for all of us stuck here, do we wait and whether the storm or should we bail out and find a better investment.
For me, it is worth holding especially as I have a siginifcant amount invested by my standards (22% of my SIPP), although to many on here it is a tiny amount (esp compared to Drugs losses of 80K etc).
If my investment was much smaller I am sure I would cut and run as I have done many times with other investments. (Eg recently sold BP at 15% loss, after just a couple of weeks with approx 6-7% of my p/f).
We pays our money and takes our choice. No one forces us to buy any share, so no point in getting all wound up when it goes pear shaped, as never here any complaints when it turns out profitably.
Would be nice if posters kept things in perspective and remembered there are no guarantees in investing in shares - it is a risk business !
GLA - CSDI (Crap Share Dealing Ideas :) )

oops - should add - it is known the divi will be cut from 80p after current FY.
This just might create an improvement in SP if funds are delpoyed positively, as FCF is too tight to cover 80p going forwards.

Hey cheated. A 10K shortfall on 4K shares = £2.50 per share.
At 80p p.a divi, that would take just over 3 yrs assuming current SP remains.
My position is much smaller holding but similar loss %, as I am at about 1465p average having topped up this week at 1285.
I've only been in since July, started at 1615p approx. I've no idea how much further this may (or not) drop, but comfortable with the thought it will recover ...... over time to at least £15.
Very disappointed with poor management allowing the SP to fall so far at a time when pharma should be flying.
I am convinced the city is toying with GSK, forcing the SP down, but the board have done absolutely nothing to counter this which should be one of their key roles. Failing in their duty to create shareholder value currently. All we can do is take advantage of the low SP, by buying if funds allow.
GLA

What a load of tosh from Josh.
Revenue = Turnover = Vanity
Profit = Sanity (2019 > 2018 >2017)

Just been looking for "lows" on charts, to see if any possible support in place
Funny enough, 3 years ago on 4th Feb 2018 there was intra-day low of 1236 with a close at 1290.
We are certainly looking like more downside pressure to come, but I am clutching at straws.
No idea if we have bottomed out, but like all LTHers I hope so.
The shorters are certainly in driving seat for now, but history tells me we will bounce back.
As noted previously I held GSK in middle of the Financial Crash. when the share dipped down to £10 and came out with profit in the end.
Key here is to have patience and we might need a lot of it.
The share hit £18 just over 12 months ago and I do not think we will be back to those levels for a long time.
I see no reason why we can't climb the wall of worry back to £15 or so as it has done so many times over the last 10 years.
As a buyer, you should wish for lower prices so fill your boots if you want.
Remember the Secret of the Stockmarket Wizard is BLASH.
Good luck everyone, be brave.
Be warned though my name is C S D I (Crap Share Dealing Ideas)
Cheers