Member Info for CSDI1962

Hi Alas
Thanks for the critique - altho it is a painful lesson for me !
The obsession with yield comes from the notion of compounding. The idea of adding 5-6% p.a seems like a plausible target and idea. The reality however is somewhat different for me, as my selections give the divi but drop the SP by a greater amount.
As you say - my p/f is full of dinosaurs - but low P/Es with 5-6% divis seem like a sound investment if you believe the market is based on fundamentals.
I cannot get my head round business with no profits, loaded with debt where SPs just fly north on what appears to be an absolute whim...
Clearly I have to look at myself and rethink my strategy as what I do is not generating any real return.
However I am not about to turn turtle completely in one fell swoop - it will take time.
I am more comfortable with investing in FTSE100 shares than I should be, and recognise that the FTSE is lagging the major markets by a massive amount over the last 15 years. I thought the FTSE was just a base for these multi-nationals, but they do seem to be permanently marked down (if agreeing with Toff Appletons repeated posts).
So for now, I am waiting to see if some of my shares can reach profitable targets. Most I will hold as part of my income strategy as these can take many years to produce results. (ASEI,BP, GSK, HHI,IMB, NG, RDSB,SUPR). It is my intention to half my holdings in GSK and IMB when the right time arrives, which should allow me to reinvest in new areas.
Again thanks for your constructive comments
Cheers - CSDI

Evening all,
January marathon coming to an end now, just 1 more day to go.
Will work just half day tomorrow as no panic with cases being fined.
Have postponed a couple of bigger cases to keep me busy next week.

S - The vaccine roll out going well I believe, about 7.8m so far.
That's about 12% of UK pop, with I would guess a larger amount excluded as being U-18.
If we can crack on at this rate, a further 6 months should be near the end, but then what about 2nd doses.
Guess we have to do over 100million does for us all to have 2 jabs ... umm that's going to take us to .... 2022 ?

O - interesting your youngest already on the stock market.
With no parental support, it took me until I was 42 to try for the first time.
I am hoping to impress on my boys to "help themselves" and start investing early. My eldest is past help I think as only lives for today, but the two still at home certainly twitching their ears with the Gamestop phenomena.

S, T, V
The ARB share looks like fun. I've added to my watchlist along with GGP and SYME. Not sure if I understand enough to invest in them, as would be more of a pure gamble, but then I'm hardly getting rich with my "old dogs" am I ?

Had a nice break this pm, going for walk with Mrs - it's good to get out for a couple of hours at least. Easier to face the office work when feeling a little refreshed - and it was very cool/fresh as we wondered.

Take care all - C

CONT from previous page (didn't realise it would lose part of the post) - portfolio shown on previous posting

If anyone thinks any of these shares may be in terminal decline, please feel free to advise.

Thanks to Alas_Smith I am looking to modernise the p/f when I can as it is full of "last century" stocks !

Over the month of January my p/f has fallen 0.2%, vs FTSE drop of 0.8% - so not too bad - but would prefer to have kept the profit that was showing 3 weeks ago !
Looking ahead, it seems we are headed for a possible fall if the US markets give up some of their massive gains, with all 3 of their major indices recently been at all time highs while the FTSE continues to stagnate.My p/f is currently weighted 71% to FTSE100, 

Cheers - CSDI

Hi Folks,
Thanks for continued comments and esp ideas from Alas which I will be following up as funds and time permit.
Just thought I would provide an update on my p/f as at 31 January.
The purpose of which is to request constructive ideas on the way forward.

Since my post on 31st December I have carried out the following transactions:
1. Sold two (7% of p/f) batches of RDSB at 1431p and 1410, making profits of 23% and 0% after 9 months and 1 month. I wanted to reduce my weighting in RDSB due to the low divi and reinvest in higher divis.
2. Sold 1 batch of IMB (4% of p/f) to trim the overweight holding from 24%. Made a profit of 20% in 6 months.
3. Bought and sold SUK2 (4% of p/f) - bought at 582p, sold at 592p. Pointless as should have held for the FTSE drop that has happened in last few days.
4. Spent 5% of p/f on purchase of BP @ 301p. To improve yield in place of RDSB. 5. Spent 2.5% of p/f on trade purchase of PFC at 112p following big drop on SFO news. Believe this was already priced in and target at least 30% trade profit.
Dividends received in month from GSK and AV.SUPR gone ex div during month, quarterly divi of 1.465p on cost 106p. 

The updated portfolio is:
EPIC (% of curr p/f), cost per share and month bought, current SP, divi yield on current SP, Comments, Divis received/able

ASEI (4%) , 308p Dec 20, 306p, 6.7% - hold for income with TP of £4
AV (10%), 334p Dec 20, 335p, 6.3% - hold for income with TP of £4. (Divis rec'd 7p)BP. (5%), 301p Jan 21, 271p, 5.7% - hold for income with RDSB (see below)
CEY (7%) , 130p Dec 20, 114p, 5.8% - trading share - target of £1.60
GSK (19%) 1489p ave Jul 20, 1357p, 5.9% - keep for income until TP of £16. (Divis rec'd 21p ave)
HHI (4%), 152p Dec 20, 146p, 6.8% - hold for income (Divis recd 2.475p)
** IMB (19%) 1905p ave ** Jan '18, 1536p, 9.4% - keep for income until TP reached with 5 targets starting at £16.50 (Divis ** recd 201p)
NG (7%) 875p Dec 20, 850p, 5.8% - hold for income or 10% trading profit
PDG (4%) 13.6p Dec 20, 13.9p, no divi - Trading share with TP of 16pPFC (3%) 114.1p Jan 21, 119p, no divi - Trading share with TP of >150p
* RDSB (7%) 1946p ave Jul '18, 1260p, 3.8% , originally bought for income in 2018 at £27. Now hold for recovery (Div * recd 112p)
SUPR (7%) 107.8p Dec 20, 106.5p, 5.5% - (divis rec'ble 1.47p) hold for income
VOD (5%) 133p Dec 20, 120.9p, 6.5% - keep for income until TP reached 155-160p (Div rec'ble 4p)
Cash held approx <1% - note sum may total more than 100% due to roundings

** IMB = average cost and divis amended after partial sale to recognise own batch cost records (cost was 1865 previously, divi was 182p)* RDSB = ave cost amended after partial sale etc (cost was 1649)
I normally aim for 5%+ divi with any new purchase for income.
I aim to have up to 10% of the p/f for fun or trading. Normally these are short term targets looking for 10% profit with intention to repeat in year if possible. PDG has previously been traded several time

try red or black mate

M - Indeed it was Friday night Fish'n'Chips - lovely jubbly
Have a good weekend all - I am sure everyone looking forward to the longer days coming soon.
CSDI planning on two half days in the office - to leave plenty of work for next week or two, so do not get trapped in domestic painting and decorating.
Take care all and keep safe
Cheers - C

T - great to give the institutions and investments ?ankers a dose of their own medicine. Good luck to the PIs.
Too often innocent parties get wiped out when these Blue Whales take a dive. No problem with shorting against disreputable companies - as it can help some things to get sorted.
CLLN was a good example where the shorters were right to attack.
But too much damage is done by "code" by banks/brokers/IIs to secretly manipulate SPs down to allow them to profit in both directions.
Good luck to the Reddit-Army going after deliberate institutional manipulation. Lots can be seen from the 'bots single share trades as no one can afford to buy and sell 1 share in an oridinary company.

Cheers all

V - I no longer live in Scouseland - about 50 miles away - but would bet the bike was stolen for a drug fix ending up in Liverpool !!

M - good idea that. 1st part of plan sorted - Mrs has a cake to hand.
Friday must be good for Fish'n'Chips
Now to find a couple of jars ...

As for the p/f 12 reds and 1 blue only. Becoming too much of a habit again.
My p/f down 4% on the week so far - vs FTSE -3.6%

S - I suspect you are lower becuase you have sold part of the family jewels.
You need to add in proceeds from sales if they have not been reinvested.

A bit like trusts - they show long term value by adding historical divis onto current SP to give an overall return.

My p/f total consists of current value of holdings + cash in hand + divis to be paid (ex divs) + previous pension withdrawals.
I compare this to my starting fund.

Hope that helps and makes sense

Bad day in CSDI-Land
1. Mrs CSDI fined in car park for covering worker last week. Did not realise it was a private car park, thought it was NHS related.
2. Outside shed broken into last night via removing panel to defeat locks and bars to steal son's Boardman Hybride bike
3. Shares getting mashed again - with my big two suffering the most - GSK and IMB - now down on the month after starting so well early Jan.
4. Behind with work due to dealing with items 1 & 2.

Don't want to know what's coming next as it all comes in threes.

Trust everyone having better day than me.
Check back later
Take care all - cheers - from a grumpy CSDI

PS1. not to mention got well beat at chess last night too - but that was easy to predict.
PS2. Think I need to take Mrs CSDI for Costa coffee and cake - drive thru of course - I know how to give a girl a good time LOL

SA - good news 4 u with vaccine.
V - Short squeezers having some fun
R - TUI had a good day, will be nice when you get the "extras" to play with
T - all that glistens is FRES

And as for me it was Groundhog Day - all 7 of my FTSE shares taking a tumble and my IMB back to where it was last month.
Bad day in the office (as the Chase's Dark Destroyer might say) as P/F dropped over 1.2% against my FTSE benchmark's 0.6%
clearly need some more lessons off you guys.
Cheers - CSDI
PS. Playing my first chess game since 15/12 tonight - a touch of normality on its way back - as my work piles up again - now my deadline of 31 Jan been postponed for fines, back to may lazy habits - happy days - but no one tell Mrs CSDI that I am pretending to work

Just been watching a bit of CNBC.
Here comes the response from regulators and institutions.
Some brokers already putting limits on PI activity (eg Robinhood)
Good luck to those that make some dough, but it will all end in pain.
Is this a re-run of the 1999 bubble ?

And still 12 of my shares are red, with 1 green and still no blue.
Was expecting better from CEY and PFC today. Hey Ho

Well done to the "Reddit Army".
Let's hope it has a knock on effect in UK.
Great to see PIs work together against the Institutions.
There is a lot of cullusion chatter against a couple of my shares - GSK especially.

Painful day for CSDI p/f - All 13 shares in the red at lunch time. I'm going for a brisk walk before back to the spreadsheets.
Today is a bit different for me as I work on a set of Property Letting accounts.
This is one of my few clients who does have some assets and pays a fair bit of tax.

C U all later

Cheers - CSDI

Hello Hello, calling S I D I,
Are you alright my friend.
I think GGP may give you a boost tomorrow from news I've heard
Take care
Cheers - CSDI

SA - funny that as I was in CLLN too (as you might expect chasing the divi). I smelt the rat just in time to get out with a loss, and keep some capital that was in my old SIPP a/c. If I was in my office I could easily churn out the details for you, as it is on my old SIPP spreadsheet !!
I reckon I can claim more wipe-outs than most. Started with WLW, then BB., old Game Group, and some close run ones with NRK, CLLN. Amazed that old SIPP got back to almost break-even before emptying it when I got to 55. I must be missing some more horror stories there, maybe have a look at my 2007-2017 spreadsheet tomorrow, if my PC can handle it LOL.
I can promise you I bought GSK in 2007 at 1350p, and no surprise I held it again on 31/12/20 at more or less the same price. Great investing eh ... sideways for 13.5 years .... but reinvest the divis and would would have doubled your money close enough !

SA - Thanks for that - very thoughtful and nicely put.

page 2 0f 2 (sorry for the long post)

It's good to see when posters do well, but I fear many are economic with the truth. I post honestly as believe this encourages others to do likewise so we can learn from each other's mistakes.

It is quite an eye opener following the chat with your RBB friends and I hope that I can offer some ideas and opportunities to the RBB while getting the benefit of your experiences. This message should really be posted on the "CSDI portfolio" thread rather than here, so apologies to all if I have gone off topic,

Cheers & GLA - C

SA - It's good that you think outside the "average box".
You clearly have a method that works for you with trading - and all that matters is you make money. It makes me laugh when posters comment or criticise others and then say they are only interested in making profits... Wow what a revelation I respond.
You have clearly done well to be able to clear a mortgage in just a few years, so you must have been a good earner. I still have a mortgage with 7 years to go, so not in your league of earnings !! It must be fun to call yourself poor based on that criteria of energy costs.
My target measure of the FTSE is just a benchmark as I have an average of 75-80% of my p/f in FTSE100 shares. Your own measure is a better guide for your circumstances.

As someone who is very much on the fringe, I deal with a lot of clients who struggle at the bottom end of the earnings table. Many would be better off taking a full time job on minimum wage .... but for a lot it is about the choice of how and when to work. Just like me I walked out of a decent job earning £25K p.a in 1992, took on a 4-day job earning £20K and then packed it in because of the stress, hassle and travel of the Rat Race, to set up my own business from scratch earning nothing. My priority was to look after my son after I got divorced and left everything to my ex.

I have a good quality of life in terms of time to do what I enjoy, but at a big financial cost. My wife earns more than me, but I have been the "one at home" for all of the kids. Now they have grown up and all (4) are so different.

I love to help those less privileged, and go the extra mile to minimise their taxes. My slogan is "small fees for small business" and all clients have been recommended via word of mouth - 520 in total since starting on 1.2.94 including 39 built up when working part-time previously. Unfortunately the financial crash caused many clients to move away from self-employment, when I had about 150, and I have never fully recovered from that, but too old and lazy now to seek employment elsewhere. I currently have about 90 clients with 20% as limited companies and 80% as sole traders or self-assessment cases.

I suspect I am mixing on here with folks who are in a different world financially, and they have p/fs many times the size of mine. One poster on IMB indicated that his annual divi from that one share was more in value than my entire p/f LOL. It goes without saying that you need capital to make investing work and with only very small capital you are limited with what you can achieve.
I note from the number of trades that you carry out that you must have significant wealth compared to me - but maybe not to others on here - based on small %age gains there must be healthy capital employed.

My aim is to learn from others and make the best of my little "pension pot". I love the challenge but ultimately have had no success so far. Whether that will change only time will tell.

page 1 of 2 ..

More pain in the CSDI p/f as 9 reds, 2 blues and 2 greens today - no its not a snooker break !
Oddly enough I don't feel too bad as loss just under 1% of p/f in total, while FTSE drop 1.3%
A shame I've not got more in PFC, but will keep holding on for now.
most disappointed with CEY after 1st buy at 125, and added 2nd batch on the way up at 133p. Typical now down to 113p.

R - great news with your daughter - family health always more important than wealth.

SA - You really need to raise that puny weekly target LOL

The short squeezes sound like a lot of fun - full marks to PIs scaring off the II vultures.

Take care all - cheers - C

Gamestop up another 100% at $310 a few mins ago !
I've got a bloody nose from CEY and IMB today - ouch
FTSE having a bloodbath
At least PFC is blue, but my smallest holding with <3% of p/f. Typical eh
Must be lots of opportunities for you guys with these tumbles
GLA