Member Info for CSDI1962

Hello Sidi
I've just posted a long note on the Red Braces Brigade thread. Lots of good banter on there too.
I hope ARB does well for you, as thats quite an extra helping you've had for 2nds ! That must help your p/f.
Not had time to look at my p/f really today - and not surprised to see it fall a tiny bit for this first time this year.
I am delighted with progress this week for my p/f - a very healthy 5%+ gain on the whole p/f and achieved part of objective to trim down IMB. Now it is about 20% of p/f just above GSK. And RDSB now down to 10% - so much happier with that. I am sure GSK will remain overweight with me for some time, but confident it can wait to recover. I am only aiming for £16-£16.50 which is well below the 52 week high of £18.
Work is really hectic for me, but at least managed to finish only 30 mins late tonight and then went for a quick walk to get some cold fresh air !! Mrs CSDI hardly recognises me at this time of year LOL.
Even missed the LFC cup match tonight - and not played chess thus year - shows how much work takes over in January. Normally have time off in February, Last year went on to a 3-day week for two months. Think Mrs CSDI has big decorating plans next month - that'll knock me off course.
Hope your babies behave well next week - and sail on to blue skies (if that makes sense).
And we have at least 4 joint-badly behaving dogs to train with GSK, NG, RDSB and VOD !
Have a good weekend my friend with Netflix, and no running out of milk for the important morning coffees.
Cheers, take care - CSDI

Evenin' all (as Dixon of Dock Green used to say)
I'm jealous of you all at the moment. What a life in lockdown ... trading and wine ... great mix.
For me it's work,work,work and cuppas by the bucket load.
Barely looked at my p/f today. Only finished work at 9.30pm
So my p/f dropped by about £50 today - it's first drop this year (and many more to come no doubt).
A very successful week for my p/f, up 5.6% but lagging the FTSE's 6.4% rise from 6460 to 6873.
I've only done 2 sales and 1 buy - and that's a lot of activity for my SIPP.
I;ve trimmed IMB and RDSB and topped up CEY - which let me down today to cause my little fall.

Surprised to see S-A buying TUI today. Generally speaking the ex-rights day is the beginning of a downward spiral as the SP gravitates to a lower average caused by the issue in most cases. My best friend asked what to do with RR and I said sit tight and just buy the max of Rights you can if funds available. If no funds available then sell some Nil Paid Rights to buy the lower price shares. I've seen some superb gains from RIs. They were very common back in the Financial Crash and nearly all were very profitable. One disaster was RBS (now NWG) which offered shares at £2 only to see them drop 20-30p. The current NWG share is only 160p because they did a "1 for 10" consolisation as did not want to be considered as a penny share !! Fred the Shred should have been locked up and his pension taken off him for misleading investors.
Some superb trades by the RBB this week and great ideas.
I'll throw up another option for you to consider. If you want to buy the FTSE, rather than I-shares ISF have a look at LUK2. It's an ETF that doubles the % move in the FTSE - so great on up days - but painful on down days.
I am looking to short the S&P500 if it looks like trouble ahead as the US market has a lot more to lose than the FTSE after its incredible run over last few years. It will be no more than 5% of my p/f as just a bit of insurance. My p/f will remain mainly invested in FTSE100 HY shares for long term income. My average yield is a between 5 and 6% on my whole p/f.
Have a good weekend all. I plan to relax by watching MOTD after two long days in the office this weekend as I continue my annual 31-day-slog of January to meet Self-Assessment deadlines for my clients.
Cheers all

Hello Sidi
Another quick hello as work taking over. No time or my lunchtime walk today.
A brief look at the p/f is not good today. 8 reds, 2 blues, 1 at no change.
Notice SUPR div announced at 1.465p for the qtr. Makes annual 5.86p at yield of close to 5.5%. Happy with that as part of my Income plan.
No plans to trade today. Got about 5% of current p/f in cash.
Just checked IMB SP and at 1638p I am just about to break even on all IMB taking into a/c profits on completed trades and loss on current holding. Another 1p puts me in profit on IMB which is amazing since still got the batch at £29 from Jan 2018.
with 5 batches left, can happily slice away at next 50p and £1, and still have fuel left in the tank.
The grand p/f is down just 2% from starting capital. A bit sad after 3 yrs, but massively better than it was at end of October when it was 16.02% down. If we can get the FTSE to 7000 I might be back to break even, which in the world of CSDI iwould be a major success LOL.
Just looked at ARB, does it really have 125-135 spread ? SYME has been added to my watchlist but not GGP as already got CEY as Gold Miner - my biggest % loser today (so far of course).
OK hope things pick up for our p/fs pm otherwise I am facing facing 1st down day of 2021.
Hope your gambles pay off - I can't afford to lose my little pension so capital preservation more important for next few years. Maybe when I have got state pension under my belt I can be a bit more adventurous. That's if I can live to 67. I am sure in my early career I had planned to retire at 50, but then I got married at 24 and it all changed forever .... No regrets as would not have my boy (now 33) from 1st marriage.
Cheers for now. Will check market just before close maybe and back here later.
Take care CSDI

Hi S-i-d-i
Yes we do have contrasting styles, but I would hazard a guess you will end up far better off than me.
This is because you seek shares with much greater risk/reward scenarios.
One good hit (like GGP) and you will make £000s.

For me I am more conservative. Even if I got into a flying share, my way would be sell 50% if it doubled in price, then another 1/4 on another 50% rise (treble starting price) etc. Stop loss in place if it fell back to double starting price.
It worked very well for me with HMSO last year, as managed to sell in 3 tranches all above 100% profit as it never got to 3x starting point, but did drop to 1/3 of strarting point and even now less than 1/2 my original starting point !
I am happy with lots of bits of profit, often just aiming for 10% and hoping to rinse & repeat. But problems come when SP falls as have to decide if to sell or keep hold. The market has been tough over the last 10 months.
Still I am very happy as edging closer to total break even since SIPP start 3 yrs ago, despite FTSE being down over 12% in same duration. Have also withdrawn funds (almost 30% in 2019) so have less left to to use, which helps reduce losses but works against me in rising market. Loss of capital is big enemy of investors.
Fingers crossed we have good day tomorrow, as would be sweet to have 5 up days in a row.
Take care - Cheers - CSDI

Arlott was a superb narrator and cricket commentator.
working alongside Jim Laker & Co.
My mum and dad were at Old Trafford in 1957 (or so) when Laker took his 19 wkts vs the Aussies.
Mum knew nothing about cricket and hated it. At one point she turned to my dad and said "George - aren't they supposed to hit the ball with that bat-thing" which had thousands rolling in laughter at the Warwick Road end of the ground. Mum had no idea .... LOL

Wow Sidi - you do like jumping on ships don't you.
ARB - is that Argo Blockchain - really gone flying today.
You have advantage of being able to follow day trends and movers, while mine is mainly buy and hold until I get more time to consider the markets.
Had another little dabble myself just before close.
1. sold 1/6 of my IMB holding at 1646p. Only 3% profit as matched with one of my higher costs.
2. bought 2nd batch of CEY to take to HYP level for me and no longer a trading share. Divi of US 9c p.a gives yield of 5% - so just fits my criteria of HY and gives me more "Mining Sector" allocation where I am underweight.
Undecided about whether to switch none,some or all of my RDSB over to BP for the better yield.
RDSB is my worse performer - net 15% loss and yield only 3.4% or so now.
Might be better in BP over long term butthen again RDSB might do better. It's one I keep reviewing and maybe should just leave until end of Jan when I can take some time to look at my overall p/f again.
Right ... time for a brew and then back to the case-job in hand which was scheduled for yesterday.
Cheers for now
Well done with ARB my friend - should give your p/f a nice look for the day !

couldn't resist selling slice of IMB. Only 3% in my book as matched with one of my higher costs.
Topped up CEY to make upto HYP %, and no longer treat as Trading share. Unusual for me to "average up" as normally forced other way LOL.
Would be nice to see Trump "forced out" but not likely. A charge of inciting riots is the minimum he should be up for.
Can you imagine a similar scene in The House of Commons ? Does not bare thinking about.
Biden managing to keep dignified - mor than can be said for the Orange one.

Hi S-i-d-i
quick hello after lunchtime walk.
Lost time this morning as went to GP to give blood. Went without phone as do not like to be disturbed.
Could not get into surgery as "no entry". Got back home to find out, they ring your mobile to call you in.
fortunately nurse understood so allowed to go back short while later. Can't get my head around why I could not go straight into room at appointed time keeping distanced from others. Appointment time was so specific at 11.17 a.m
Hey Ho.
Was expecting p/f to suffer today but quick glance shows IMB gain is more than covering GSK and RDSB loss. So overall just in the blue at the moment, although FTSE is little in the Red. Amazed to see IMB geting very close to overall breakeven after first buy at £29 which was twice as much in value as most of my add-on batches. Two batches have been sold, but still have 6 left with next batch in line for sale very shortly to trim my holding from 24%. Like you with GGP, the %age of p/f goes up with SP rising. I am keen to re-employ my controls of no more than 20% in any one share, based on double my median or average %age held.
got a few ideas in my mind for my proceeds from RDSB.
1. Sell another batch of RDSB and buy some BP for better divi
2. Top up one of my two traders - either CEY or PDG
3. Venture in new territory with SYME
4. Take a short position on S&P500 or FTSE100 via ETFs SUK2 and XSPS.
5. Top slice IMB
So while my news is looking positive, hope TED is doing same for you
Bad boys SYME and GGP need putting in the naughty corner LOL
Take care - back after close

Hi Robleo
All those shares had a great day today - well done !
I assume they are just individual shares and much of your p/f is balanced in funds.
My p/f is more 85% in individual shares and 15% funds.
I have just sold a batch of RDSB today, so will be looking to top up one of my funds which pay at least 5% div, vs RDSB's 3.5% approx. My p/f has too much in IMB and I am keen to trim that one down to size. Same with GSK too.
It takes time to reshape a p/f. It would be easier if I could get into overall profit as have more money to allocate.
I'm confident GSK will come good in due course and have a target of £16 for those.
IMB - I am not so sure about what target to set, but aim to trim if we can get to 1650p as a first step. Just think it is under-valued, but the market knows best.
Hope the market keeps flying, but must be due to give something back after a stellar start to 2021.
You really need to be careful when listening to posters on here - and that includes me.
My record is very poor, so probably best to ignore most of my ideas.
You have to do what you think is right for you, and not be put off by others.
It is more important to make a profit ... no matter how you do it.
Good luck
Cheers - CSDI

Hi Sidi
Just watching the news... crazy scenes in Washington. Trump needs removing without delay - massive damage to democracy.

Managed to get out of the office for 9pm - and been chatting with one of my chess friends.

As you say - the market rises defy logic. With Covid spreading like wildfire the damage to business profits must be extended.
The vaccines being rolled out are the positive to get economies going again. Questions is - which shares will benefit and which will suffer from now on.

Wonder how long it will take for enough of us to get the vaccine so we can carry on with our normal way of life again.

Take care and enjoy your Netflix

Cheers - CSDI

Hello Robleo
Never looked at Saga's share before at all.
Can see the 12 month chart shows a loss of 67% and CEO just stepped down.
I've got my insurance sector cover with AV, after a recent swap from SLA.
If Saga has potential to recover then there is some big upside to old prices, but I'm not looking at currently as too busy with work for unril end of January.
Just happy to see the market rise, as it is floating most boats this week. But no idea what lies ahead in the choppy seas of share investing.
Take care and good luck

Hello again S-i-d-i
Not as much laughing as I would have liked. The FTSE's 3.5% outdone my 2.8% rise today.
Still a good day though as I sold my first batch of 2021, with RDSB, for a nice 23%.
That's sold my best % gaining batch for now, and trims my RDSB back down to 11% of p/f.
My batches are only very small and are insignifcant compared to the Red Braces Brigade trading gang.
My bad dog PDG will be sent to refuge kennels if it does not start behaving !
Would be nice for me if IMB could keep up with others, as only up 4% this week vs the FTSE's 6%.
Hey ho, must not get greedy.
Not sure how much more things will keep going and Thursdays are often poor days set up by ex-divis.
Back later after work.
Cheers - CSDI

Hi All,
Just before close I have done my first trade of 2021 - selling a batch of RDSB at 1431p, bought in March at 1155p, for a lovely 23% profit.
If only I could do a few more of them ....
some badly behaved dogs in my p/f today such as PDG and CEY means the FTSE's rise whooped my backside.
Still another 2.8% on the whole p/f is good news

Hi Sidi
You must be smiling today with RDSB and SYME et al.
My p/f + 2.2% in total today I think.
Hard going today - numerous calls from clients too - January work plan all sorted.
Catch up later if I can finish work at sensible time
Cheers - CSDI

Hi Guys
I am sure you are all doing well and much better than me.
My simple sheet has a totals section, updated daily by overwriting the previous day until last day of the month.
I start a new line on the summary each month, and after my total I show the FTSE index as a barometer.
Mine is more complicated because of withdrawals from the SIPP which have to be added to current portfolio value to give true comparison to starting position.
I know I am down in total since starting this SIPP in 2018 by 3.83% as of today.
That compares to a FTSE drop of 14.5% since starting (7731 then vs 6612 today).
Yes I know ... I am genius at picking "market tops" to start my SIPPs.
Had same problem starting in May 2007 (6579) - it took years to get back to that level.
Remember my name LOL = C S D I

Hi again s-i-d-i
Sadly still in the office - trying to plan this month. Had enough for now so time to pack in.
Just finished December's work schedule.
Worn out now - so need to wind down to get some sleep before cming back again in morning.
Pleased to see that your p/f finished in the blue - always a good sign.
surprised by the rise in RDSB with the virus spreading globally - would expect a dampner on demand.
Mind you we never know what is already priced in to the SPs - hence they rise on perceived bad news and vice versa.
Take care my friend and catch up some time tomorrow
Cheers - CSDI

Hi S-i-d-i
Good news from CSDI p/f - up just over 1% in total today - wish it was like this all the time LOL
RDSB had a good day - but will it stick after such a rise ?
Wonder whether to slice off one batch which cost 1155p in March.
The others cost 2688, 2061, 1337 and 1363. Overall still my biggest loser down 14% net - so a long way to go yet.
End of the day had 8 blues, 3 red with GSK just wrong side. That naughty PDG misbehaved again.
Hope your day ended well with RDSB and SYME on the rise
Time for tea break before final stint again for 7-9pm
Will pop in later
Cheers - CSDI

You guys are in great form - keep going folks
I've done nothing but keep my head down today.
A nice rise of just over 1% on my whole p/f, mainly thanks to RDSB.
After lagging the FTSE yesterday, overtaken it today.
Interesting to compare how doing nothing works against you experts performance !?
The big difference will be my p/f drops on down days, while your nimble steps should prosper
Cheers - CSDI

Hello again my friend SIDI
work getting in the way of everything now - as still finishing off December's schedule.
Oh my January is going to be interesting as it is always a 31 day month for workdays.
Hopefully complete December today.. then put the plan together for January.
Just been for my lunchtime walk to get some fresh air and escape from the office.
Quick check on p/f = up a little bit somehow, which can never be bad. So there is my good news !
Mainly thanks to RDSB today. I have 8 in the blue and 3 in the red with PDG being the bad boy again.
Should be a divi announcement for me soon with SUPR, before the year end results start coming in at end of Jan.
Waiting on 4 divis to arrive in next few weeks from GSK, AV, HHI and then VOD - a nice steady stream of income.
Hope your babies doing better today - esp that naughty SYME and TED.
OK time to start on next case now I've had my fun. I will check in later after markets closed.
Take care - Cheers - CSDI

Hi S-i-d-i-
Time to look on the bright side ....
GSK, NG SLA and VOD all up 2% or more today.
Let's hope tomorrow is damage limitation after Lockdown announced.
Just hope it is already priced in and that the vaccine program is the key event to drive us forward while we contain the virus for few weeks.
We have past shortest day of the year (21 December) so days get longer and brighter from here.
Meanwhile I'm in a self-made lockdown anyway as I face a 31 day working month and still not completed December's work yet. Might even have to see if can get 19 y/o to do some work for me
Long term Mrs CSDI can join me when she fully retires from NHS, and knock my business back into shape.
I'm a great time waster and love the chess and shares more - just have to leave them alone for few weeks to concentrate on work. Next month (Feb) is usu a nice relaxing time with work - last year I went on a 3-day week - and was very efficient for a change. Then came the Covid shock in March.
Time for bed said Zebeddee .... boing boing
Take care - CSDI
PS. Have you got milk supply sorted for the all important start to the day with a nice mug of coffee ?