Member Info for CSDI1962

Why do big companies always overpay for acquisitions, then fail to integrate efficiently.
Look at damage to MCRO's SP when they acquired HP.
Not to mention RBS with ABN years ago and LLOY with HBOS.
Can't remember last time an acquisition actually created value for the buyer.

Hi Dan,
is it 4pm yet as the SP should fall about now according to Manic Marv aka Mikey.
As for deal or no deal .... will we ever find out .... I believe the programme no longer on tele.
Got a good one to get Mikey going this week. Wait til Thursday... it's ex div day ... better get someone in to disable his screen.
Mind you according to Toff Appleton, the SP will get malleted by the MMs (sorry to mention them again) as any big divi seems to get massively manipulated, that's if Boris hasn't already caused us all heart attacks with his game of Deal/No Deal.
Cheers - the happy one - but still C S D I

Hi Risking It,
I would get rid of IUKD 'cos the divi has been cut by 50% over last 12 months and you can get better divi from ASEI, CTY, HHI etc which have a lot of the IUKD shares in them. I recently sold IUKD and bought ASEI, HHI and RDSB with the proceeds. I plan to top up ASEI and HHI when I get some proceeds from either IMB,GSK,RDSB,CEY or PDG.

Hi A_Smith,
Thanks for your input - much appreciated.
Where to start ? This SIPP is very small compared to some of the numbers quoted by others - one such poster expects an annual divi income from one share that exceeds my total p/f !!
It would not be the end of the world if it all went belly up, but I am hoping it will supplement my current small business income for some years, until I can start drawing state pension.
I have put a thread on the "general chat" BB to discuss my p/f and explain what it is used for.
Divi income is currently withdrawn quarterly, but I hope in a year or so that I will not need to do so, so divis could be reinvested instead of being spent.
I am not worried about my p/f, but review it weekly to assess trading plans, and whether it can be re-allocated in a better way. At the moment I have over 25% in one share - IMB - which was intented originally as in income generator when only 5% allocated, but now has a much biggergrowth/recovery aspect. I expect to trim this holding by 1/7 if the SP gains another 5% or so.
With RDSB, likewise this started as a 5% allocation for income, but with the heavy falls from my original purchase has now become a recovery play at 13% of my p/f. GSK is my other big holding at 20%, which is 5 trading batches, that are held for income (5-6% yield) until target achieved.
Capital preservation is key, and this is an area where I have struggled as I keep picking losers .... hence the C S D I.
I have 3 funds held for long term income. 2 short term trading shares, and 5 FTSE 100 shares held as combo of divi income/recovery/trade.
I love the numbers side of things so am a little obsessive with this SIPP.
Cheers - CSDI

It's a crystallisation when you complete. Paper loss is when it is incomplete ...
A new share is a new purchase of a separate contact.
But hey ho. it's only splitting hairs LOL.
Depends on your CGT position. My shares in a SIPP, so tax exempt, until I withdraw as income.
Good luck

Hi Risking it,
Yes 380p would be nice. I've got about 10% of my SIPP in here. With my usual natural skills, I bought before the divi at 333p, so expected the divi drop, but of course it's gone further south. I am hoping for a 28p divi this year, based on 7p being paid next month, the advised/projected 14p final, then expect 7p later in the year on the normal timetable of Sept payment.
It seems AV and SLA in competition to wind up shareholders with both down from £5 at start of 2018 (when I started this SIPP). As you know I moved from SLA but woukd be reluctant to hold both unless splitting the amount in 2.
Off beat, I've sold IUKD so that should help you now LOL.
Cheers CSDI

Hi Giltedge,
As one of those sitting on a paper loss at the moment, here's my take.
My holding is in a SIPP and amounts to a hefty 13.5% of my current p/f.
As a long term investor, I am not sure switching would be beneficial. I have bought 5 batches over 2.5 yrs and have average cost of 1649p, so down about 19% on capital, with divis receivable to date covering about 4% of that loss.
I have no idea what the future holds, but history suggests RDSB will recover based on its long term SP, as it has only been down below £14 level 3 or 4 times since listing in 2005.
Once you sell these shares, your paper loss is crystallised and you have a lower amount to invest in another share.
You could pick any other share that you thought was going to do better than Shell, not just a replacement oil producer.
I review my p/f most weekends and ask myself, if I did not own this share now would I buy it today.
I would only look to sell a share for one of the following reasons:
1. Has it hit my intended selling target
2. Is the yield too low for my planned income
3. Is this business in terminal decline or long term problems.
This year I have sold out of UK bank shares and property shares for reason No 3 and recently sold IUKD for No 2 and BERI for No 1. When BT axed its divi that was reason for me to get out too.
So for me RDSB is a hold currently, but any further cut in divi would cause me to reconsider.
Cheers - CSDI

Hi Dan
My best guess is a no deal helps VOD short term. I would expect no deal means a drop in value of £1, which helps those earning in USD or Euro. Not sure what longer term impact would be which is what should matter to us investors.

The market always reacts the opposite to what I expect. I.E
Good news leads to a fall in SP, while bad news works better for SP. The market is always ahead of the game for a PI like me.
By my reckoning - if no deal means falling £, that should help the SP as earnings in $.
Conversely if we have a contrived last minute deal.
With no deal, I would expect domestic-facing shares (banks, house-bs, insurers, most FTSE250s) to take a hit. While the foreign denominated earners like RDSB (miners, oils, pharmas, etc) might get a boost.
So that's my prediction for this week - but it will all be irrelevant in the long run - but I don't know how long the long run will be LOL.

Hi Dan
As you say all the FTSE100s are on SETS. I get surprised by some spreads on the 250s.
I have a few favourites where spreads seem excessive a lot of the time.
These vary between 2-10% on BERI, NCYF, MIG4, PDG, PHC, SEE.
some trust/funds can be excessive too.
Happy with my 5% in VOD for now. Got others in mind with utilities before I would top up here.
More concerned about having 27% in IMB - my largest value holding ever in one share.
A yield of around 9% tells you there is potential problem, but it was over 11% about one month ago !!
Less worried about the 20% in GSK, as been trading that one for over 13 yrs now.
Good luck
Cheers - CSDI

Hi Dan. Not quite vs the ref. more against the "Agent"(middle man) taking money out of the game.
MMs create wide spreads which I think could be avoided if all was done automatically.
sometimes seeing spreads of 10% on decent size market caps like BERI is a joke.
Like any business man they are there to exploit opportunity and make a profit.
didn't really mean to have a moan about MMs, wanted to moan about political sparring on share chat thread.
To quote Jim Ratcliffe on Brexit - I'm really bored with it.
Life will go on ...
Cheers - CSDI

Hi All,

Brexit blah blah eh.
Anyone ever got divorced ?
The only winner is the Solicitor.
We are getting divorced from EU - they want their slice - we want our slice. We will both lose out temporarily, but at some point in the future all the bickering and posturing will be forgotten.
some shares will suffer and some will gain.
BT has been in capital destruction mode for over 20 yrs I think. I've sold my BT shares at a loss this year when the divi got cancelled. Since then they've done well i.a.w the CSDI Curse.
So now I've got a few VOD shares for the income - and Toff will warn me gain that chasing divis is a fools game.
It may be, but dividends are the backbone of any long term plan to generate extra wealth from re-investment, according to all the generally accepted investment views.
GLA

Brexit blah blah is all a lot of noise and distraction. It will become a distant memory at some point.
No doubt it is another opportunity for the MMs to create a bit of havoc with pricing, so they can profit whatever happens.
Meanwhile genuine PIs with a few hundred or thousand shares, can only watch and wait.
VOD has always been a mystery to me in that I cannot make sense of the SP.
I've got 5% or so of my SIPP invested here this week, mainly for the 6% annual divi, so expect to hold for a while as part of my HY income plan. Hoping to make about 20% capital gain in due course, over however long that may be. I've got too much of my SIPP in GSK (20%) and IMB (27%), so needed a little diversification and income - fingers crossed.
GLA - CSDI

Hi Porche & Jt,
Absoutely right with the capital destruction. Seems to apply to a lot of FTSE100 companies. BT was £15 about 20 yrs ago, bank shares have been brutally savaged since 2007. I remeber buying LLOY and RBS in 2007. Both now worth about 10% of what they were, maybe less after all the placings and RIs.
But I reckon we have more chance of getting a return on AV than chasing US shares right now. Surely the Nasdaq big guns are due a siginifcant fall. Tesla is just amazing ... how does it get to that value ... when its profits lag any of the crap FTSE old boys ?
How can one company like Amazon or Apple be worth more than 100 FTSE companies ?
So I'll take my chance on AV, hoping for a 20-30% return over a year or two.
Of course I may be completely wrong....
That is why I am called CSDI - Crap Share Dealing Ideas
Cheers

Stop fretting Mikey.
Might have to be patient if you want this SP to rise. I've got a target in mind of 160p, so will have to sit it out for as long as it takes. Whatever happens Mrs CSDI is always right about my shares - and does not understand our shared enthusiasm - as only 3 things can happen to the SP - it will either go up, go down or stay the same.
Cheers - CSDI

Another week gone, and a little bit of upside movement. Hopefully forming a bit of a base on the short term chart to head north for Santa's Rally. After a bit of chop and change for me this week, GSK now almost 20% of my p/f. I'm still under water with ave cost of 1489p and only had a bit of divi so far, as 2 batches held since July, 3 more bought before recent ex div, and 1 batch since. Fingers crossed we'll see £16 in due course, but no rush to get there as happy to Hold for as long as it takes.
GLA
Cheers - CSDI

Must say I agree with Gino's comments. This is a CEY chat - and I thought their mine was in Egypt not Brexit-land.
If you want to talk politics can you not do that in a general chat area ? (so those that want to debate politics can do it over there.)
Tibbs' knowledge on CEY much appreciated in here though.
Cheers - CSDI

Hi Olda,
Looking good for BERI now after long time in doldrums. I've just sold out of here due to the falling divi yield and split the proceeds 3 ways. Part in ASEI - general fund with 6.6% yield, part in RDSB for recovery play, and part in CEY for exposure to gold/mining sector. Will be interesting to see which works out better over time. Hopefully I will come back to buy here when the SP drops, as it has been on a tear since 60p a few weeks ago.
Good luck with your holding
Cheers - CSDI

And another week passes us by with IMB up a healthy 7% or so, with the FTSE more or less flat for the week.
I wonder what will happen next week, and will Brexit give the SP a headache.
Whatever happens next week Mrs CSDI is always right with my shares - they either go up, down or stay the same !
Have a good weekend all IMB holders
Cheers - CSDI

Hi Aspers,
Nothing wrong with a 10% profit my friend - esp if you can repeat it a couple of times a year. That is my actual plan with GSK where I have 6 trading batches bought at prices from 1612p at the top end, to 1375p at the bottom end.
With RDSB, I have one batch bought at 1155p, a couple around 1360p, one at 2061p and 1 @ 2688p. I could trade in the one at 1155p, but then I would need a bigger recovery on the others. So happy to wait for now.
If you can build a decent holding, no reason not to have a core holding for long term, and other batches for trading.
It all dpends on what your style is, and whether funds permit etc.
Good luck