Member Info for CSDI1962

Hi again A,
Quick update on my p/f (copied from gen chat forum with S-i-d-i):
Also decided to spend some of my NCYF money - putting 2/3 towards SUPR as happy to hold that for the divi. Even if market drops with covid news, should be quite resilient as the big supermarkets carry on regardless.
Also decided to top slice my latest batch of IMB - sold at 1565p today, against purchase at 1378p on 1st December. Made a net profit of 11% after dealing costs and stamp duty - so effectively treated as a trade batch rather than LTH batch.
Still trying to work out whether to sell my one profit making batch on RDSB or keep hold for the long run.
Priority should be trim to IMB first as still got 24% of my p/f in that one.
so still got about 7% in cash - just need to decide what to spend that on next.
P/F having poor day now - down nearly 1% - while FTSE only down a bit. Hey Ho. Nothing new then
Cheers - CSDI

Hi A,
Scary stuff if I am influencing you. Remember my name is C S D I.
Not decided what to do with my proceeds which are approx 9% of my p/f.
I am still 90% invested - mainly in blue chips - AV, GSK, IMB, RDSB and VOD. All decent divis but risk to the capital.
From my stats history records Jan is normally one of the better months, but history means nothing with shares, especially with CV19 hanging around. Can't believe GSK is down approx 25% over 12 months, but there you go.
Good luck and please don't blame me if NCYF takes off now ...
Cheers - CSDI

I am hoping Mr Tibbs might have some useful info on this as I hold a small part of my SIPP in CEY after a recent purchase. I was holding BERI as exposure to miners/energy but sold out as the SP was rising causing the divi to fall under my preferred yield.
According to Dividenddata info this share yields 7.1% but on here shows as only 2.5%.
The last two divis have been 6 cents, but it is confusing me whether they were both interims for current year end 12/20 or one for 2019 and one for 2020, which I presume is why one source shows yield of 7% and other shows 2.5%.
Have we have an indication of what the next divi will be - as I though I read it might be 3 cents, which would be unusal for final divi to be lower than interim, although it does depend on free cashflow etc.
If the divi is promised to be a further 6c then I will be adding to my initial purchase. This would give a high yield of around 7%.
If the divi is only 3c or so, the yield would be just over 5% (which is still good) then I would be keen to know best intentions of future divis.
Look forward to comments
Thanks - CSDI

Hi Andsoforth,
I have just sold out at 51.04p - surprised and pleased at jump from 49.26p a couple of hours ago !
Now to decide whether to add SUPR or maybe keep cash in hand to see what happens with next NCYF divi announcment.
Good luck to you and I suspect that NCYF may go on a bit of a roll now - as I have a natural ability to sell just before shares fly high, hence the CSDI - Crap Share Dealing Ideas
Cheers - CSDI

Yes thanks - currently 49.26 to sell with Stocktrade (my Scot Widows pension platform).
It was 49.06 when I posted earlier.
A rise of 2% in selling price would half my loss (net with 2 years divis included).
Let's see if I can get to 50p today
Cheers - CSDI

Hi A,
The spread at the mo is 49-51.2p is over 4%, so not happy with that.
Let's see if I can get a better exit price during this week.
Notice that SUPR divi announced 8th Jan last year, with NCYF on 16th Jan. Both pay divis in Feb normally.
A shame NCYF not announced first as would give better indication.
We shall have to wait and see what fund boss "Franco" says in next report for November. Last report was for Oct.
You seem to have more patience than me, which is probably the sign of a "better investor" as I may be a bit too trigger-happy.
Cheers - CSDI

Hi BBL,
Not sure there is always "a reason" for SP to move down or up. Quite often it is just momentum and sentiment. I think part of it is because GSK's business has been slowed down by Covid disruption, and they are not at the forefront of getting a vaccine out. As SAK pointed out the other day all the international pharmas are down over last 12 months or so. Also the dollar has weakene over the last couple of months by a few percent so this will likely cause a drop in SP too. Most of us believe GSK will recover, but just don;t know when it will be. We are surprised it has dropped from over £18 at start of year ( over 25%) but this is not a new level for the SP. I am hoping/expecting a rise to £16 at least over the next 6-12 months, but in all honesty have no idea as I cannot predict the future. I am just relying on my past experiences of investing in GSK since 2007. Fingers crossed.
Cheers - CSDI

Hi again A,
Gosh - I think we are sending each other into a Bear-like depression here. A drop down to 40p would be another 20% from here and that is a lot of divis to make up. It is not unusual for me to "accept a loss" as it may well be better to choose my own (or your own) level at which to escape. Sitting on a net 4% loss, gives me every chance of recovery, but it is much harder with only 80% of the original capital invested. I am now thinking of a much bigger or entire sale of NCYF and sit in SUPR until the scale of the damage is known. It (NCYF) only needs about 2p rise to get to break even for me, but looking at SUPR has 12-month support around current 105p level is more likley to grow 5% than NCYF. So yes I've talked myself into selling up now. Just need to decide whether to put all in SUPR or split with ASEI or HHI which have over 6% yield. At the mo I have 17% of my p/f in trusts/funds with NCYF, ASEI, HHI with NCYF having the lion's share of 9%. I would prefer my trusts/funds to be in range of 20-25% of p/f and that can be fixed when I slice off some GSK (19%), IMB (28%) or RDSB (13%) in due course. It is prob easiest just to swap NCYF for SUPR and then top up ASEI or HHI when top slcing the others. Ceratinly gone too heavy on IMB but trying to recover a big loss on first purchase at £29 before averaging down several times.
Enough of my mumbling ... decision made ... to sell NCYF and buy SUPR.
There may be lots of other moves tomorrow following long weekend after Brexit, but will stick with my funds allocation.
Cheers - CSDI

Yep that's right S-i-d-i
Just stupid divi calender link is wrong
Cheers - CSDI

SAK50 - As the resident GSK expert can you get the divi link corrected - totally misleading it is.

Hi Andsoforth,
When the SP falls or divi cut announced here, I'm looking to move part (approx 1/3) into SUPR - looks like a reasonably safe 5% divi based on Big Supermarkets paying their rents. Would be disappointed if SP fell far on SUPR. Means lower yield that NCYF, but better chance of retaining capital me thinks. I will leave the other 2/3 in here.
Cheers - CSDI

Hi Folks
Not sure what's going on here as the GSK Share News shows link to this week divi calender.
It shows 31/12 as pay day .... but not due until 14th Jan
Useless info thanks

Hi S-i-d-i
It's all there for me to see at the moment.
Take care

Hi Jay,
My situation is quite similar to you. I have 13% of my SIPP invested in RDSB at average cost 1650p. My first purchase in July 2018 was at 2688p - ouch, and was about 3% of my p/f then. I've done a few top ups of 2 or 3% to get my average cost down.
I am not expecting to get back to £27 and will trim the holding back towards 10% of my p/f if the SP climbs to around £15.
The divi was $1.88 when I first bought, but now at $0.66 it gives a much lower yield than my normal target of at least 5%.
I suspect I will be holding my 2 or 3 of my most expensive batches for the very long term, and off loading 1 or 2 batches if we get to £15 or so.
I have considered moving half of my holding to BP, but not sure this would do anything more than give my broker a couple of trading commissions. So sitting on the fence for now. I believe oil demand will continue for some years yet, even if it does eventually decline. RDSB is slowly moving to other energy options, so happy to bide my time for now.
GLA to RDSB holders
Cheers - CSDI

Hi again A,
"We must see a further price drop here etc" - cannot disagree with you but how far will it drop ?
I am already down almost 20% on my capital (buying at 61.5, current 49.5) with the divis covering a good chunk of the loss.
Another drop from here would mean another year or two divis to be wasted. Little point in holding a share that drops more in value each year than the divi as it simply erodes your overall valuation. Obviously any new additions to the fund will be at lower interet rates than those due to expire. Is this just one to tuck away for another 10 years by which time the divis may give us a real profit. Who knows where interest rates might be in 2030. No one predicted correctly in 2007 that we would see 12 years ahead at lower than 1% LOL.
While I am tempted to try and be clever to sell and buy back, my history tells me that if I sell the SP will rise, and if I hold/buy the SP will fall. So for now it is time to sit on the fence and keep praying LOL.
As you say, if we hold long enough it all become irrelevant ...... hopefully !
Cheers - CSDI

Hi Andsoforth
Hope domestic crises have been resolved !
Thanks for your notes. Given me some ideas for future reference there. I am looking at VIN - Value & Income which is about to move out of equities in favour of commercial property. This would give me a nice yield with an extra bit of diversification.
I did have INTU myself when it paid divis, but got out before collapse. Also done well with HMSO early this year before the splits and share restructure. At the moment not holding banks or property shares as do not like prospects, but this may change if CV-19 gets controlled properly.
In my list of shares I mentioned GSK twice in error, and should hsve mentioned IMB which is my biggest holding at approx 27% of my pension, yielding close to 9% now. My orig purchase in Jan 2018 was at £29 when divi was approx £1.70 p.a. I've since added 7 times, selling 1 batch. Got big holding at average cost 1799p currently, having received about £1.50 per share in divis to date incl 48p due 31/12. You have BATS which may be a better choice than mine !
With NCYF I like the divi, and expect it to be cut. Just hope it does not damage the SP too much when it is inevitably cut. This is one fund that seems to trade at a premium to its SP, whereas my other funds trade at quite big discounts. My average cost is 61.5p and had about 9p in divis so far, so about 3p or 5% down in net terms.
Fingers crossed we do not lose too much value when divi is cut.
All the best for Xmas
Cheers - CSDI

Ditto from me too

Cheers - CSDI

Nice work LTI.
I'm looking for £16 as my first target.
My ave cost is 1489p, so suffering at the mo.
As I'm fully invested got nothing left to spend, but would be reluctant to add more GSK as 19% of my p/f invested here.
Let's hope 2021 sees GSK climb back towards £18
Cheers - CSDI

Mikey - Is it Goundhog Day ?

Any chance you can change the record and have a Merry Xmas

Merry xmas to all

Cheers - CSDI

Hi Dan
It will depend if your broker provides that service. Nowadays there are a lot of restrictions on what PIs can buy or trade, to protect us allegedly. With my old Halifax share dealing account there was no access to bonds. There are a number of ETFs but these are more for shares rather than bonds.
I do have one fixed interest based holding, NCYF, which holds quite a lot of fixed interest bonds/loans. It currently pays a big divi but is likely to get cut, and the SP has dropped about 15-20% over the year due to Covid. I have also previously held CMHY which invests in other fixed interest securities but I have not noticed any holding VOD bonds.