Member Info for CSDI1962

Hi Rob,
Big slice of luck and good timing will generate bigger profits for anyone.
Notice you thinking about buy back into AV - results due out 4th March.
If results are good, anything like Barc, GSK, HSBA, IMB etc expect a kickin' !
I am seriously thinking of taking 50% of my AV shares off the table, as sitting on a 13% profit just under 3 months.
That way I can reassess if fall back on results in time for 14p divi, or still have some skin in game if SP rises.
Had a really good run from year end @ 325p. Was looking for £4 exit, but might be wise to take some profit early.
Never bad to take profits.
My trade with PFC looking promising, even with SFO closure. I've got target 170p in mind (approx 28% upside).
I might even take my little profit on RDSB batch 3, and add that to PFC.
don't mention RDSB batch 1 & 2 - down 36% and 28% with divi income counted - ouch.
RDSB close to 1450/1480 resistance now, and been hitting that since April just after the March CV drop & bounce-back.
That's just a few thoughts on shares I'm holding, but best to follow your own instincts I am sure.
Cheers - CSDI

Hi Rob,
TUI is popular trading share with the Red Braces Brigade. (Have a sneek view on that BB)
I've not looked at it, as can only concentrate on few at a time.
I believe it is ripe for recovery with pent up demand for holidays, but not sure how the land lies with finance and share restructuring/consolidation done recently.
Cheers - CSDI

S - Nice work with PFC. You'd sold and bought back before I got back from taking car for MOT !!
TBH - I would have just held PFC anyway as looking for better exit price.
I'm not allowed ARB which is probably safest for me LOL.
Wonder how much the NASDAQ techs will sell off. I've got no spare funds atm, but put AVST on watch with MCRO.
I added a 3rd batch of CEY today at 109, which maybe premature. Optimistic that I may be able to trade that batch while keeping hold of the other two bought at 126 and 133.
Now fully loaded and no bullets left in the holster, and edging towards a sale of half my AV with a bit of luck.
GLA - C

S - Yes a good day for PFC. Unusual for me to have a decent day when my 2 big guns continue to slide downhill - IMB & GSK.
Aviva seems to be coming to life - might be good for a short term trade for Brigadiers.

Cheers - C

T - Markets can always be manipulated if enough money behind the moves.
Gamestop and Bitcoin were low MCs before the games started, the world is flush with Free Money.

I can't cope with illogical side of it all - firms that are shuttered like TUI, RANK, CCL see their shares flying around while sold profit-making business like BATS, GSK, IMB, ULVR getting hammered.

But that is what happens when little fish dive in with the big sharks.

As Peter Lynch might say, "The markets can remain irrational a lot longer than we can cope with"

Cheers - C

O - I like the look of your p/f - much more tuned in to today's world than my dinosaur-style p/f.
I certainly need to look into those sectors you've got.
My current p/f:
AV 11% Aviva - Insurance
ASEI 9% Aber Std Eqty Inc - InvTrust
CEY 7% Centamin - Gold Mining
GSK 17% - Glaxo - Pharma
IMB 20% - Imperial Brands - Tobacco
NG 7% - Nat Grid - Elec/power utility
PFC 11% - Petrofac - Oil services/fossil fuel prodn
RDSB - 7% - shell B - oil/gas producer
SUPR - 7% - Supermarket REIT
Cash 3%

Hi Alas
Many thanks again for commenting.
So why do I continue with my dinosaur investing ?
I believe that both GSK and IMB will recover strongly based on fundamental earnings.
The divis are a noose around their necks, allowing manipualtion of price by the market on quarterky basis.
IMB although in a declining industry throws offearnings over 150p per share and my view FWIW is that earnings eventually drive the SP.
GSK has the conundrum of doing the splits which it is paying too much for. The last EPS of 115p will get worse over the next year or two, but their investments in numerous JVs are not being credited at all. It will be a long haul but I am confident the SP will improve significantly over time, and that value will eventually "out" with the split.
My trades this week have reduced my average costs for both, and slightly reduced my weighting for GSK.
I am aware that both SPs are just as likely to go down short term as go up, but will happily trade again around next ex div dates in 3 months time. These two account for approx 40% of my p/f, so I still have plenty of chance to move to more modern targets. I am struggling to find something that offers me an entry price that I am comfortable with. As prev mentioned I will be looking to add funds in the new tax year, which will add about 10% to the p/f, and this will be targetted at "growth sectors". I have decided not to withdraw any funds before then whch I had intended to do, so any fresh divis can be added to my new investments.
You will note I have reduced my oil sector weighting, and will possibly reduce further if RDSB climbs back to over £14 where I have sold my last two batches.
Again - many thanks for your constructive criticism. I am sure your comments will have a positive effect on my p/f in the not too distant future.
Cheers - CSDI

Hi S_A
Interesting to see a couple of shares dominate the p/f, and 20 shares makes only 30% of p/f.
Was watching an old Peter Lynch clip last night, repelling most accepted cliches.
Ignoring charts, underlining poor stocks can get worse and worse and good stocks can go on relentlessly.
In simple terms, stocks go up and drop quicker !
Pick a winner and stick with it.
Certainly a contrast with my p/f driven by dividend shares, and far more successful in achieving growth.
Cheers - C

Again, thanks to those contributing here. I am concerned that my aconym is proving too accurate for my own liking.
Despite the small rise in the FTSE this week, the p/f has droped in value greater than it gained in previous week where I did no trades.

I have done quite a bit of trading this week, and have now reduced my number of stocks to 9 from 13 at the end of January.
Despite a healthy 3.3% rise in the FTSE over this time my p/f has dropped 1.7% due to my high yielders getting thrashed and some losses taken on clsoing positions.

Trades this week:
1. Sold VOD @ 134p (5% p/f) for a 2% profit incl divis
2. Sold GGP @ 20.5p (4% p/f) for a 20% loss, as SP fell to my intended stop loss.
3. Sold 1/3 of GSK @ 1274p (7% p/f) for a 6% loss, to re-purchase after ex div
4. Sold 1/5 of IMB @ 1505p (4% p/f) for a 12% profit incl div, to re-purchase after ex div
5. Buy ASEI @ 330p (5% p/f) to increase weighting to 9% using VOD proceeds. Planned I T hold for divi 6%+
6. Buy PFC @130p (4% p/f) to increase weighting to 11%, as a planned trade target 170p
7. Buy IMB @ 1411p (5% p/f) to replace shares sold @ 1505p. Intended as a trade batch target £15
8. Buy GSK @ 1215p (3% p/f) to reduce average cost, using sale proceeds @ 1274p

Fingers crossed these work in my favour. Ex-divs create significant downfall with HY shares, so expect to trade again in 3 months on GSK,IMB.
The AIM goldie purchase of GGP was badly timed. I continue to hold CEY which has dropped sharply over last 6 weeks.
Hopefully can sit back for a few weeks before any more trade activity and have a little cash (3% p/f) on standby.

Cheers all - CSDI

Just added small bit of GSK @ 1215p - risky with the sentiment and -ve trend - but only about 40% of what I sold on Wednesday @ 1274 without the 23p divi.
Have a good weekend all
Cheers - C

Morning all
Is this the AA or RBB ?
Bought back into IMB @ 1411p, having sold batch at 1505 on Wednesday to dodge the 48p ex div bullet.
Decided to add another 50% shares to the batch so gives me a little more wedge to trade with.
Used some of my GSK proceeeds and reluctant to go back in there - already got enough tied up.
so got a little left to buy something else if I can find a nice target.
Cheers & GLA

Hi All
I have been to R's school of "doing nothing" today. Just taken another kicking accross the p/f much in line with the FTSE's drop today. My ex divs weighed heavily and PFC decided to go with the flow as well.
Tomorrow is another day
Cheers C

Morning all
Interesting chats/comments on here last night. As you say it is nice to be on an "honest board" where posters talk about good and bad experiences. My record speaks for itself hence the C S D I. My saving grace is that I cannot lose as much as others 'cos I haven't got it to start with LOL. As my best friend says, "all things are relative" and none of us want to lose the lot.
One way to keep control of losses is to have a maximum amount allocated to any one share/sector.
My standard is 10% for 10 sectors, but I have crept up to 20-25% on a couple of shares recently - GSK & IMB.
I am now down 14-15% in both, and re-committed to a 20% max on any conviction share.
Discipline is key, with a set of rules - which of course are there to be broken when needs must.
with my highest cash position for some time I can add another share/sector if I wish, but sure I will be buying back my IMB batch, and probably not GSK until that breaks its down trend.
Most of my HY ideas come from following Stephen Bland and he advocates a p/f of 15-20 shares in different sectors all equally weighted and never trading - now that would put a stop to all activity in here LOL.
I am trying to follow that idea with part of my p/f and have some for fun/trading.
Clearly just doing about everything wrong.
For comparison I have a note of my first 20 purchases in this SIPP, all 5% of p/f each and an pleased to say I have done better by trading so far - but at the expense of an awful lot of time (that could be better employed). Must say I am not too upset when I lose some .... it's only money. The joy of taking part is far greater for me - as it is all a busman's holiday in my eyes.
After all that no trading from CSDI is expected today.
GLA
Cheers - C

Just been a busy bee.
1. sold 1/5 of IMB @ 1505, with view to buy back at least £1 lower, with 48p ex div tomorrow
2. sold 1/3 of GSK @ 1274, with view to buy back lower, with ex div 23p tomorrow. If it drops by div amount will be a new 52 week (and 5 year) low and trying to pick the bottom is impossible. Really out of favour, but offers good long term returns.
3. bought another batch of PFC @ 129.7 using the GGP proceeds, so now got a trading batch to go with my 2 LTH batches.

Following from T's suggestion, now got the above 3 shares that I can hold and trade.

Next on my list is to sort out my mess with CEY which is heading south towards the £1 mark, against my average of 130p - ouch !
Cheers - C

R - I think I will join your do nothing club for today. And suffer in silence accordingly.
These client accounts are taking a long time to put together LOL

In the words of Arnie .... I'll be Back [towards close of play]

S & all MCRO holders,
Looking at buying into MCRO soon as spotted 6 red days in a row from 524p to current level around 431.
Are we heading back to 380 or will this hold as acted as support and resistance for most of Dec and Jan.

Not done anything with my ex divs yet (GSK, IMB, RDSB) , will pop back around 4.15 to see if SP warrants any action on my part.

Cheers

Thought I'd posted short while ago - hey ho

S - ARB flying again - well done. Gripe No 1
T - GGP bounce back - ummm only myself to blame. Gripe No 2

Thanks for ideas but generally 8-9.30 I am tied up with domestic stuff, so miss the 1st hour fun.
The idea of trading for 2-3% is fine if you have capital available, but that does not cover costs on my average batch size £1.5 - £2K. With my SIPP it is £15 commission for each buy and sell. I used to have SIPP with Halifax/AJ Bell where commissions were lower but the admin fees were much much higher for drawdown, which is the phase I am in.

R - in same boat with PFC, up approx 15% at 133p with target of 160 +

Was hoping to move and shake with GSK and IMB today, but SP not on favour.
Certainly thinking about switch part IMB to BATS with latter's drop today

Catch up laters, as better get crackin on remaining January work cases !

Cheers & GLA - C

Morning all,
I am not able to cover first hour as family matters to deal with - pets, transport for 19 y/o and 25 y/o to get to work, etc.
Hoping the 19 y/o sorts his own transport soon, but the 25 y/o lost his licence (temporarily) due to epiiespsy.
Not a good time for kids starting careers, and the 25 y/o retraining too after being made redundant last March.
Some domestic stuff falls on my shoulders as I work from home, while Mrs CSDI works in NHS with patient clinics and visits, and only about 10% can be done from home (admin etc).
T- Kicking myself for selling GGP - should have waited a little longer (easy to say with hindsight).
S - On a roll with ARB - another gripe from me LOL
R - I'm in same boat with PFC, up approx 15% at 133, also targetting 160 +. My batch values not as much as Brigadiers so not worth trading for 2-3%, I need nearer 7-8% to make 5% after costs.
Have a good day everyone, while I just sit on the sidelines, and better crack on with my January remaining cases !
Cheers - C

T, Thanks for your note too.
I have 40% of my p/f in GSK & IMB, looking to trade batches where possible and retain a core holding too.
GSK has really surprised me to the downside, having recently broken a multi year low. So I;ve now got about 6 batches all in the red, with IMB I have 5 batches, two with big losses and 3 with small profits. I am looking to trade thru the ex-div this week by selling some (esp IMB in profit) and hoping to buy back lower - a bit of your "spikes" idea.
With the overall value of my p/f I would only have a few batches based on what you guys trade with, so it is difficult to gain traction when the market has been heading south since last Feb. As you say, hopefuly we are starting to climb that "worry-wall" again with the vaccines program. It's really disappointing that GSK has failed to maximise profits during this pandemic - and the SP has dropped 30% during this time - and I started to buy around £16 mark, with top ups either side of £15 and either side of £14. GSK is tying up 22% of my capital.
I have done a little better with IMB, with 3 profit trades completed so far. (5 batches held mentioned above).
Since getting off to a flyer in 2018, I have lost all that profit through 2019 and 2020, and sit at almost break-even on completed trades now. My current p/f shows a loss of approx 6% on current investments, so should be able to improve from here. Certainly had a nice rise since the March problems, and overall still ahead of my FTSE benchmark since starting in Jan 2018. Just very disappointed with most recent perofrmance, as FTSE gone up more pts this month than my p/f has in £s - which is pretty shocking on my part.
Also as I am still in full time employment I do not have the time to trade as well as you guys - of which I am very envious.
Cheers & GL - C

S, Thanks for kind note.
Losing on GGP is part of the risk/reward business we are in.
The loss amounts to approx 1% of my p/f, so is not a killer or game changer, but more of an unpleasant hindrance.
We cannot complain when things go against us, as we would not if it went for us !
I missed an opportunity to take a profit (which any trader would take) looking for a bigger (investors) return.
You have to know when to cut and run and when to hold and wait for recovery.
As GGP is still a baby explorer with potential, it could easily get worse from here.
I hope for yourself and all GGPers it recovers, but I will likely miss out.
I thought I caught it going the correct way, supported by GH's director purchase, but got it wrong as gold is not the best place to be right now, and I have more invested in CEY.
There's always plenty of fish in the sea, I just need to avoid the sharks that kill the PI.
I am carrying much bigger losses (in £s) with GSK, IMB and RDSB but feel more confident of safety with them, as opposed to a not yet profit making new-born Gold Miner on AIM. You win some, lose some.
So now looking for a new home for my reduced funds, which is not enough to start a new holding but can be used to top up one of my existing holdings, which have been cut back to 9 now. Maybe this part of the p/f fund is heading towards PFC which I am expecting good news from in due course.
Funny enough MCRO is one of my top 3 profit makers in my SIPP, but not got any atm. The others are HMSO and PFC.
I think I have held approx 50-60 different shares since starting this SIPP. of which 3 have delisted (GNK, INTU and VED).
All good fun in the grand scheme of things, and I am constantly learning (mainly from my mistakes LOL).
Cheeers - C