Member Info for CSDI1962

Its certainly better than my average cost of 1650p.
I am sure looking at the bigger/long term picture it should prove to be a good purchase.
That does not mean to say the SP won't fall currently.
The SP has had a super run since the October low of 866p, so it may have some pull back now.
I thought I had a good buy at £26.88 on 31/7/18, so WDIK.
I've had four more bites of the cherry to get my average down, but with 13-14% of my SIPP invested now in RDSB, I don't think I should be adding any more. I've got 60% of my whole p/f invested in IMB, GSK, RDSB so will have to wait patiently with all 3 in the red (IMB 27% of p/f is 4.4% down; GSK is 20% of p/f and 3% down, and RDSB is 13% down. All of these losses have reduced considerably in just the last 10 trading days.
Good luck

Sorry folks. It must be my fault SP is dropping.
With my usual impeccible timing ... down 15% within 3 days of buying.
Oh well, just have to leave alone for now and see if we get chance to top up at a better level.
Nothing to panic about - yet !
Cheers - CSDI

Well it's up near 60% from its October low now. Does this mean trouble ahead with the Fibonacci chartists or can we keep climbing the wall of worry. To think it was around £22 at the start of the year, we are still 38% down. Now that oil is trading around $50, how much further can this go.
I'm sitting on average cost of 1650p, so still some way in the red for now.
come on RDSB - you can do it !
time for some support from our NeversellShell Brigade
Cheers - CSDI

I believe the business is in better health these days. Debt free. An AISC that delivers good margins while gold is priced much higher than it was when I first invested.
I was surprised to see the potential divi at 5-6%, but that may be a bit ambitious.
CEY's old gold production targets were generally undercooked, so it provided for many upside surprises. There was major unrest in Egypt that pushed the SP down so harshly in 2011-13. hopefully politically more stable these days.
It would be nice if they spread their wings, rather than be so reliant on the Sukari mine.
Cheers

Hi Dan,
I could tell you all about mu success stories I suppose, but that chapter is a bit thinner than my disasters. To be fair to myself, I have been unlucky in that the only times I ever had a lump sum to invest were May 2007 just b4 the financial crash and I lost loads with what everyone thought were "safe bank shares" at the time.! Having been down 63% on 28/2/09, I got back to close to break even when closing the account around my 55th birthday !
This SIPP started in Jan 2018, so had 2 yrs to wait for the Covid crash - and now I'm aony down about 3-4% so it's not all terrible.
By laughing at myself and talking about mistakes it opens up the chance for better discussions on BBs.
Cheers CSDI

Funny that Dan. I originally bought at just over £2 in Feb 2018 after watching it grown nicely for about 10 yrs from £1. Decided I didn't like VOD so moved half to BT - another CDSI mistake. I sold out both parts, one at £1.52 and £1.28 earlier this year. Made a royal mess with BT selling at the bottom-ish for 109p too. Now back for another bite at £1.33. Fingers crossed this time.
Cheers - CSDi

Hello CEY followers,
I must warn you all that I have joined the rank of CEY investors yesterday.
I have invested a small sum of 4% of my SIPP, as a trading adventure.
I jumped on when the price was 125.6p. My aim is to achieve approx 20% profit, with a TP of £1.60
for those that do not know me, my name is CSDI - Crap Share Dealing Ideas.
I have a very bad relationship with shares due to the CSDI curse, which is due to "my natural ability to buy shares just as they drop like a stone, as well pressing the "sell" button just before they take off."
CEY and me have a long history going back to 9th Feb 2011, when I first bought shares at 142p. This was the precursor to a spectacular fall which saw the price go down to 29p by Dec 2012. Luckily I clawed my way back via 20 trades between 2011 and 2016, and managed to escape with some small profits.
I am hoping this is not the beginning of another such roller-coaster.
Good luck all - you have been warned
Cheers - CSDI (smiley face)

Hi Seen_It.
I have made some comments to this on the "General Chat" board under the heaing "Note to Seen_it" to take it away from RDSB discussion board.
Cheers

nice one Seen_it - The only time I've ever made 1000% I only had £100 invested - so was not life changing LOL !
If you have target in mind as you do, then why not place a "Sell, limit order" so that it is done automatically for you without having to watch and monitor all the time.
I went through a phase of using "Stop loss orders" some years ago, to install a discipline, but found the order could get executed at ANY price above or below your intended price depending on when it got processed. Quite often, the loss was processed and then the SP would recover soon after, so I gave up that idea. Another one in the memory bank.
You have had a great run with GGP and I hope it reaches the sky for you.
In this respect you have better discipline than me, as I would syphon off profits in stages.
Mind you a FTSE100 share (where most of my money is) is not likely to go up 1000%, so my targets are much lower.
When HMSO doubled in price this year, I sold 50% straight away to let the rest ride.
As there were so many rumours about property shares in distress I sold the other bits pretty quickly. Turned out to be lucky choice as SP dropped around 80-90% before the huge rights/restructure of their shares.
Cheers

Hi Seen_It,
Sorry to hear that. So what is your plan ?
with loss makers my rules are
Trading shares - review and reconsider if lost 10%. Either take loss, or hold if recovery expected near term as my trades are intended for 3-6 months.
HY shares - ditto 25%. If happy to keep, then top up if funds available.
with profit makers
Trading shares - normally take profit at 10%. Try to reinvest when SP falls back into range.
HY shares - single batches - leave alone for income
HY shares - multiple batches - take profits on portions.
No one ever lost by "taking profits" but if you never take them, you can lose your paper profit.
I have a client who was employee with Halifax before bank crash. Kept hold of their employee shares for years without ever selling any. Lost a small fortune when taken over by LLOY, as well as losing their job - double whammy.
Cheers - CSDI

Thats the spirit Dan.
Love good banter and only just spotted your comment
Cheers - CSDI

Hey Mikey. Do not fret. It's only money ...

If you are long term investor - turn off your screen and come back occasionally to check if things are as you planned. Mr Market works in mysterious ways going from mad generosity and pushing prices up one minute, to being like Scrooge and hammering prices down the next.

If you are a (day) trader then you need more luck than skill. No one "knows" what is going to happen in future and guessing prices in the next hour/day/week is a mug's game. Just look at the adverts that say 70-80% of (so called) investors lose money with CFDs and spreadbets etc.

Set yourself some targets, have a plan and leave alone until something really changes.

Good luck - CSDI

PS. It's better to follow the C S D I - Contrarian Share Decision Indicator - and do the opposite !
If I buy - the SP goes south
If I sell - the SP goes north
Cheers - CSDI - Crap Share Dealing Ideas (smiley face)

Take no notice of Broker's views.
I have seen 3 different views on same share on same day several times.
They can move the SP without doubt, but hey in the Share Casino it's either up, down or stay the same LOL.
Just stick with your own plan.
Cheers - CSDI

Hi Seen_It,

I have put two threads on there. One for us to have genral chat ... continuation of "Note to Seen_it"
Other for comments on my own SIPP p/f.
Looks like a good day for me GSK, IMB, RDSB, VOD all in top 20 FTSE100 risers today.
AV went ex div so getting hammered which backs up Toff Appleton's comments about MMs and ex div dates with IMB divi etc
All my others in the red - ASEI, CEY, HHI and PDG with just NCYF up today.
Getting closer to trimming IMB as it is now 27.5% of my p/f !
Cheers - CSDI

If still can't find the General Chat area, then just have to post where you can LOL.
Never mind but we can mention the EPIC of whatever share we are in, so others think we are discussing that special share !
Cheers CSDI

There is also Tabs accross the top
Home - Sahre Price - Share Chat - which has a page showing 1. Share chat 2. General Chat 3. Todays Hot Caht topics 4. Top recommended etc
If you go to Share chat, then you get options 1 to 4, with No. 2 for general chat
So two ways to get there at least
Cheers

Do you have Tabs on the Left Hand side of the LSE home page:
Quick picks
Text highlight
Home
Share Price
AQSE Share Prices
Share Chat etc

Hello Me12345,
These are my top 2 holdings by a long way in my SIPP - with 27% IMB and 19% GSK based on current value, which may differ a little from cost %ages.
With IMB, I have had my eyes opened by a poster warning me about the EPS I was basing my investment on. I am looking to cut down my holding and am getting close to selling my first batch of 7 I have bought since Jan 2018. My average cost is 1799p per share now, having first bought at £29. The divis received incl recent ex div amount to £1.56 per share so my real break even is around 1643 now only 6% away. Not sure if this strong run will continue, but I hope to sell a batch soon that cost 1378p just last week. I will keep at least 2 or 3 batches as a long term core hold for the divi it generates.
With GSK I am more relaxed about holding long term, as I have been in and out for 13 yrs. I do not expect any big rise with the SP, but have a target of £16 in mind over any time period. With the 5% + divi happy to pick those up each quarter until we get to my target. Having seen GSK go down to £10 in 2008, don't think I am likely to sell out unless the business suddenly has a terminal problem. It can always surprise to the down side. I foolishly bought my first batch at over £16 in July, against my better instinct, and now have average cost of 1489p, with only 1/4s divi on part of my holding.
Good luck with both of these
Cheers - CSDI

Left Hand side under Share chat (S C)
Regular S C
Premium S C
General chat - this is the one