Member Info for CSDI1962

Hi Seen_it,
Great news with VOD for you, and I am chuffed with IMB and GSK today too.
Not done my intended purchase here as my planned switch from IUKD to HHI not gone as hoped.
HHI gone up while IUKD gone down, so may wait a few days as both go ex div this week.
No rush, the plan is still good and can wait for now.
hopefully RDSB on the slow climb up the wall of worry.
GLA

Hi folks,
It's taken just 8 trading days to get back above the prior ex-div level.
closing at 1491 on 25/11, and going ex div for 48p on 26/11, we are back at approx 1500 as I write.
So Toff was right, but who actually got their timing right to profit.
I managed to sell some on 24/11 at 1493p and buy some at 1378p on 1/12.
My core holding was left in place, so that has benefitted too from the swift rise.
Still a long way to go to cover my costs (esp my 1st purchase at £29 in Jan 2018), but looking better today.
Carry on rising....
Cheers - CSDI

Hi Folks,

I've had this share since July 2018, first paying £26.88 per share when the divi was settled at $1.88 p.a.
This year has seen a massive fall in SP, and I have managed to add some batches to my original purchase.
Now with average cost at 1737p, I am looking to add another batch this week.
The intended purchase will lower my average to approx 1646p and increase my holding to 14% (from 10%) of my SIPP.
Is this a wise move or not ?
Looking at the charts RDSB has only traded at these current levels 3 times in 15 yrs.
Can we expect a recovery half way back to its peak of £28 over the next 12-24 months or is this just wishful thinking ?
Any price above £17 would be good for me, but should I hope and hold out for £20 ?
Cheers - CSDI

Happy to hold this one having accumulated 6 batches since July. From original purhcase at £16.12 to the latest at £13.79 have an average of 1489p. As prev stated my aim is always to "trade" GSK within its long established range. A target of £16 plus a few quarters divis of 19p/19/19/23 would be welcome. I have seen this go down to £10 during the 2008 crash, so would not be surprised if it fell back from here, but happy to wait for however long it takes to get to £16 or better.
I am sure patience will be rewarded in the end, but then again WDIK.
Good luck all - CSDI

Interesting shout that one Allatsea.
I've just bought this week, having sold my SLA shares to fund it.
While the current picture is fogged by covid, looking at the projected EPS of 50p for this year, 52p next year and 63p last year, surely this is already in bargain basement territory. The P/E ratio is only 6.4 which is massivelt lower than the last 5 yrs average. The divi seems settled at 21p for this year, giving a yield over 6%. Not sure what more I could want ... as someone who wants an income as part of a SIPP.
The longterm chart shows the SP was between 350p and 550p for 6 yrs before CV19.
No doubt the SP can drop back, but historically early December tends to see a bit of a Santa Rally to the new year.
I would hazard a guess the SP will be higher in Jan than now, and with benefit of 7p divi which will likely cause a temporary pull back at the end of this week.
As always "Caveat Emptor", but worth the risk for me on a long term basis.
Cheers - CSDI

Hi Neversell and Seen_it,
It's nice to have some fun and banter on boards. Too many others have hidden agendas and become toxic hiding behind anonymity. Investing is a tough gig fo rthe PI, especially if you are still working etc. The markets can be irrational with huge swings up and down. Most get upset at losing, and overjoyed at winning. Having a plan is important, and accepting there can never be any guarantees - this is a risk gig. If you want no risk stay out of the market and keep to cash and govt bonds.
For me, with a small SIPP, it is about trying to get a little extra out of life. If it fails it is not the end of the world, if it goes well it well enhance our life a little.
RDSB is currently about 10% of my SIPP and I am down 17% with divis counted. Just a few weeks ago (end of October) I was down 42% so it has improved dramatically. With an intended purchases this week to bring down my average cost from 1737p to 1646p based on current SP, it could bring my loss down to 14% and the chance of getting back to break even. I am confident this will climb back but do not expect the dizzy heights of £28, but a target of £20 could be achievable, which is a level it stayed above for all 3 years 2017-19, before the CV19 decline. This is a long term hold for me, and is my worse performer currently; hence it is first choice for a top up. Let's hope 2021 is a good year for all of us in many ways.
Cheers CSDI

Hey Seen_it_,
Haha - 15% down after 4 yrs - mere amateur level that ! With my last SIPP started in May 2007 I was 63% down by end of Feb 2009, now that is professional CSDI-ing. That was thanks to the Credit crunch and me being heavily invested in banks, from following the Midas Dogs of the FTSE scheme. Eventually scraped my way back to almost break-even when closed the account in 2017/18, when I got to 55.
Now with my new SIPP, it took just over 2 yrs for the next great investing disaster to strike - the CV19 pandemic. My sense of timing is amazing. If I had started investing my first SIPP in 2009 instead of 2007 I would have nearly trebled my investment. Who says it is "time in the market" - surely timing the market reaps greater rewards. Anyone starting in middle of March this year would be flying by now. A lot of luck is very useful.
My p/f tends to be mainly FTSE 100 shares, some income trusts (which have a broad sector allocation) and the occasional dabble into mid or small caps. I have done well over the years with PDG (car dealer), and made a nice profit a couple of months ago. I need IMB to stage a decent recovery over the next 12-24 mths. And hope to trade in and out of GSK on an ongoing basis. A good result with IMB would allow me to look at other options. I tend to avoid the adventurous miners and little oilers as do not trust or understand them. Many PIs chase the tiddlers in the hope of finding the pot of gold at the end ofthe rainbow. Some will succeed but most get burnt.
Take care - Cheers CSDI - time to go watch MOTD

Hi Seen_It,
I might be well organised but my p/f still in the red. Having started the p/f with upto 20 holdings of 5% each, the first few months H1 2018 were great. Since then I've taken a lot of losses on the nose, especially this year with CV19, taking the view that many of my shares were basket cases. However that is in the past now and I have to look at how to improve the p/f from here. Overall I'm about 5% down after nearly 3 yrs, compared to FTSE index loss of 15% since I started. I now have a much more concentrated p/f and have done a lot of reconstruction in the last few weeks, as the recovery gained pace with the FTSE up 17.5% since 31/10.
My p/f is very lop-sided now with 26% IMB, 19% GSK, 12% BERI, 10% RDSB, AV, IUKD, and 9% NCYF and bal in cash. All of the shares I bought in 2018 - IMB, RDSB, NCYF have big capital losses, with juicy divis cutting these losses. BERI and IUKD have small profits thanks to their divis, while AV is at break even as only bought couple of days ago. GSK is disappointingly 5% or so down. After the forthcoming adj to sell IUKD and buy HHI&RDSB, I should be able to leave alone for some time. Mainly I am after divis for the income, but is hard to generate income when your capital keeps getting depleted. I genuinely think I am cursed with shares but I love trying. As I've said elsewhere I am not called CSDI for nothing - "I have a natural skill to sell shares just before the fly up, and buy them just before they drop like stones".
Anyone who follows my share dealing activity would be much safer doing the exact opposite LOL !

Cheers - CSDI

Think I have found a similar alternative with HHI.
Both HHI and IUKD go ex div on Wed, with IUKDs 5.1p being 0.8% and HHIs 2.475p being 1.6%.
As both divi paid each qtr, I wil be looking to move from IUKD to HHI next week.
Had considered ASEI too but just missed the div on that one.
Cheers - CSDI

I have sold all my SLA shares this week and moved to AV.
Have taken a small net loss, but glad to be out. This is a much slimmer business than the beast I bought in early 2018.
No doubt SLA can fly high now as "I am blessed with natural skills of selling shares just as they take off and buy them just as they drop like stones". Hence the name C S D I - Crap Share Dealing Ideas
GLA - CSDI

Hi Seen_it,
I have done my weekly review of my SIPP and have a plan for next week.
1. Sell IUKD which is approx 10% of my SIPP. This is because the dividend income has fallen from around 52p p.a to 26 p.a over the last 12 mths. The yield down at 4% is below my normal target of 5%. The SP has recovered sufficently for me to make a small profit with the divis included, although the capital invested is down about 4-5% over the 21 months I have held this share.
2. Reinvest 3/4 of the proceeds in a higher income trust with similar holdings to IUKD. I have found HHI which yields about 6.5% at present, and their manager says Reserves will ensure this is maintained for next 2 years if the markets stay depressed.
3. Add a top up for RDSB with the other 1/4 of proceeds plus cash in hand to make it reduce my average costs on RDSB by at least 5% from the current level at 1737p. It should take my average cost down to just below 1650p, which should be achievable within 12-24 months.
Fingers crossed

Hi Folks,

Pleased to see that I have managed to get above the break-even line with this one. I have average cost of 72.5p.
with the divis received on 3 batches of 7p, 6p and 5p as bought at diiferent times, I am now 12% in profit.
This share was bought as part of my "HYP" for income in my SIPP.
When I buy for a trade my target is normally 10%, with the idea of rinse and repeat over a short period as possible.
Hopefully the SP can keep going for a while, but like gravity we all know it will come down at some point.
I would like to have a target price in mind to lock in any profit.
Any ideas at what level ?
If China keeps moving forward this has some legs left, but does lag the related BRWM trust.
Cheers - CSDI

Nice rise for the week of 3.8% compared to FTSE's 2.8%.
Was looking sad on Monday with close at 1361p, so managed a top up on tuesday at 1378p.
A big wall of worry for me to climb to get back to break-even at 1799p.
Fingers crossed.
GL folks

special nights at Anfield in European comps.
A shame matches got no fans at the moment - it's like watching my kids Sunday League matches.

could do with GSK stop behaving like a dog.
Over half of the FTSE shares gone up 30% plus in last month, and our dog is down 2% - It's unbelievable Jeff !

Ummm. It may not be difficult to find 4 million more idiots .... better be careful what I say LOL

Cheers - CSDI

Hey Seaking, According to Mr Klopp, LFC are on tv all the time, especially it's 12.30 lunch time slot !
Long time since I went to Anfield, best match for me was St Ettienne in 1977 in the middle of a rousing Kop.
Must say the 2019 semi vs Barcelona sounded even better, as I listened on the Radio commentary.
Cheers

You can only add funds to the Share ISA account this tax year if you have unused allowance remaining.
If you have already maxed aout your ISA allowance for the year then no.
You cannot bed and breakfast from non-ISA to ISA, without selling up in the non-ISA first. Then you would have to buy "fresh" in the ISA account.
Remember you do have an annual Capital Gains Exemption of £12300 in the current tax year if not used.
You are aware from previos posts of the £2000 divi allowance - strictly this is not an allowance but forms part of the £37500 basic rate band.
Trust this helps - CSDI

Hi Seen-it. With an average price like that, it would be sensible to average down as and when you can afford.
Quite often my first purchase of a share is the highest qty. When the SP drops as it always does for me, if I am happy to hold the share then I add smaller batches as and when funds allow as long as it brings the average cost down.
With RDSB my first batch was £26.88 on 31/7/18; then £20.61 on 30/1/20; then £11.55 on 13/3/20 and £13.38 on 4/6/20.
My initial purchase was a 50/50 split with BP, but I baled out of BP in mad March and put all my oil shares in RDSB.
My average is currently 1737p with comms and SD included. With the outlook getting brighter I might add a further small batch to lower my average again. The biggest kick in the teeth for me is the divi cut from 188c and 66c, which means it would take years for the divi to cover the capital loss.
Good luck all

It would do that now. As I have just sold today out today LOL.

GLA

Cheers CSDI

This is one ofthe worst ETFs known to man !
Why ? Because it does NOT do what it says on the tin.
I have not used this for years as so frustrated with past performances.

If you look at FTSE over last 12 months - it is down approx 10%
If you look at SUK2 it is down the same, when it is supposed to do the opposite x 2 of the FTSE, i.e should be + 20%
Loss/difference over last 12 months is 30% (-10-20).

If using this ETF, only use as a day trade or very short period.
It does warn about this, but it rarely ever accurately gives you 2 x the loss on the FTSE100 over any time period !!