Member Info for CSDI1962

Hi Sidi
Good on you for not being bothered with football.
Same score as Hammers last night - no goals to watch with Newcastle vs Liverpool.
Should have stayed in work LOL
See you tomorrow for last day of 2020
Cheers - CSDI

Hello again Sidi
You're doing well with SYME by the look of it, and jumping in and out of the FTSE big boys with some good results on LLOY, RDSB and VOD. And your GGP baby is sitting pretty. In contrast, my whole p/f is colured red, with just a couple of batches showing a profit.
Got a decision to make with my remaining cash and now thinking about selecting the SUK2 ETF, to act as insurance in case of a fall in the FTSE. Normally January would be a rising month, but with Covid spreading around the globe are we going to have another pull back - maybe - but not as bad as March I think. Or is the prospect of the vaccines enough to keep the markets on an upward trajectory ... I just don't know which way to call it.
Anyway got my feet up ready to relax and watch football again. Don't normally watch live games as too many of them, and I won;t pay for Sky Sports, but tonight it is on Amazon so can watch for free (for me) as Mrs pays that subscription, and Netflix paid for by the boys - yes I am a tight so'an'so !!
Tonight will celebrate with a shandy - 75% lemonade and 25% of (3.2% strength) lager LOL
Cheers for now - CSDI

Good Evening Traders,
Pleased to see some of you managing to rack up more gains today, despite the falling FTSE.
Thanks esp to S & T for constructive comments.
T - My funds are tied up in a SIPP with total capital invested less than you put into one trade I think ! I need to make 10% on a trade, otherwise I would have to risk too much in a single trade. The majority of my SIPP is invested for dividends, with only 10% or so for fun/trade. If I put all that in one purchase and it fell I would be tied up for too long, hence the smaller value trades. Oddly enough today I sold one of my 7 batches of IMB as that passed 10% profit in just 4 weeks - hurrah. I am stuck with holding lots of batches as they are too deep in the red (IMB x 3, GSK x 5, RDSB x 4) where a batch is approx 4-5% of my p/f.
When I started this SIPP in 2018 my first 6 months were great as managed to make roughly 10% on my whole starting capital. Since then I have withdrawn almost 30% of the starting capital, and then suffered a big drop with the market this year, so have a smaller pool to play with. I have not withdrawn any funds for several months and hope to restart withdrawing my divis again next month. My aim is to obtain a yield of 5-6% p.a. Was hoping to be able to part reinvest and part withdraw capital gains, but hit a brick wall with that this year !
The thing with trading is you need to treat it as a job and have the time to do so. I still have a full time job, so could not devote enough time to trading to justify it. You also need sufficient capital to make it "worthwhile" and I do not have that type of money. Bottom line is I am not good enough or wealthy enough to trade, but I do love the game or challenge of managing my own SIPP which I can keep an eye on while working from home.
S-The shorting side gives you a chance to make a profit in falling prices. It is best done via Spreadbetting or CFDs where you can short individual shares or indices but does carry unlimited risk if not careful. With a traditional "buy only share dealing" account you cannot short any share. I have found the ETF called SUK2 which aims to double the movement in the FTSE in opposite direction. So if FTSE goes up, you lose x 2 and vice versa. I've had some success and failures with SUK2 and look on it as "insurance" against falls in a long-only p/f. However it's pricing mechanism is not guaranteed - and does not work over a longer term so is best used over the very short term during a day or few days. There is another ETF called LUK2 that mirrors the FTSE and doubles the increase in rising market or loses x2 in falling market, so is a way of getting some extra bang for your buck.
Cheers all - CSDI

Hi Sidi
Just back from luch time walk - got unexpectedly wet as rain started half way round my route, turned to snow by time back home. So done a most unusual thing for me and made a cup of coffee before back on duty at 2pm.
Also decided to spend some of my NCYF money - putting 2/3 towards SUPR as happy to hold that for the divi. Even if market drops with covid news, should be quite resilient as the big supermarkets carry on regardless.
Also decided to top slice my latest batch of IMB - sold at 1565p today, against purchase at 1378p on 1st December. Made a net profit of 11% after dealing costs and stamp duty - so effectively treated as a trade batch rather than LTH batch.
Still trying to work out whether to sell my one profit making batch on RDSB or keep hold for the long run.
Priority should be trim to IMB first as still got 24% of my p/f in that one.
so still got about 7% in cash - just need to decide what to spend that on next.
P/F having poor day now - down nearly 1% - while FTSE only down a bit. Hey Ho. Nothing new then
Cheers for now, take care, catch you later - CSDI

Good morning S-i-d-i
Only time to say quick hello as work beckons.
Looks like a non-event day for my p/f. Down a bit on IMB, up a bit less on GSK with my two traders both down today back where they started yesterday ! Sitting on fence with where to spend my NCYF proceeds.
Good news with AZN vaccine but not good with daily numbers on CV19 - must be more lockdowns coming.
Time for a cuppa to refresh the parts that other drinks fail. Tea .... probably the finest drink in the world ... LOL
Hope your coffee set you up for a nice warm day.
Cheers - CSDI

Hi S and O,
CEY has fallen off a cliff in the last qtr following announcment of cut in production. History says they understate prod'n targets on regular basis so as to get +ve surprise for qtrly reporting. Always got issue of Egyptian govt taking licence fees and fuel duties etc, but has a good margin between POG and AISC (costs). Not expecting a return to £2, but 10-20% should be very achievable. My limited trading idea is to aim for 10% twice a year if I can as the capital I have available is quite small and probably a tiny fraction of what you guys trade with where 3 or 4% is a good return.
Cheers and GLA - CSDI

Hi S-i-d-i-
Not sure what to do with proceeds from NCYF - that was my top divi payer - but I am sure it is heading for a nasty fall with a divi cut signalled by its own Fund Manager - as not viable at current level, although reserves will be used to cover temporarily.
Must confess the CV-19 news getting worse, much to be expected at this time of year, so more likely we have a stock market fall soon of some sort, but should not be anything like as bad as mad March. Thinking I might use some of my cash to go short with SUK2 - but it's a tricky ETF to trade as does not do what the tin says !!
I've used SUK2 a number of times over the years. Started with great success many years ago, but lost twice as much when holding for over a year when the FTSE just kept going up, with typical CSDI skill. I've had 2 or 3 trades with this new pension but only small amounts for short periods as the pricing mechanism does not work well over longer time frames.
Interesting to see you sold RDSB as I am well under water still with 4 of my 5 batches. My one winning batch was bought at 1155p in March I think. If I sell that one for a profit I will need a bigger rise to get back to break-even on the remaaining batches. Choices choices ..
Too many ideas with not enough funds to follow them all ... LOL
Will probably wait a few days before deciding which way to jump unless Mr Market comes up with a special offer in the next 36 hrs.
Take care, sleep well.
Cheers - CSDI

Good Evening to the Master Traders from Red Braces Brigade
You all seem to have filled your trollies today - well done folks.
When I first popped in here I asked about shorting - all of you said that was not something you would entertain.
As someone who is not skilled enough to trade (or have sufficient funds to try !) I gave up trading via CFDs and Spreadbetting over 14 years ago - and promised myself I wouldn't try again unless I had spare funds I could afford to lose.
With my little SIPP I have approx 10% allocated for fun/trades and currently running two open positions - one with CEY and one with PDG. These have targets of 10% profits, but not yet working out. I note a few popular trading shares in here are SYME, GGP, CCL, TUI etc.
Just thought I would throw up an option to trade the FTSE100 on the long side via an ETF called LUK2, which mirrors the movement in the FTSE index x 2 ! There is the usual PI notice to acknowledge the risk etc. I occasionally use this, and its short version SUK2 when trying to give some insurance to my p/f as I can only go long with traditional shares in my SIPP.
If we get positive news from vaccine(s) it might be a way to play or trade the FTSE with LUK2.
As you are not interested in SUK2 (short FTSE x 2) no need to mention the problems with its pricing mechanism.
GLA, while I keep my fingers crossed with CEY and PDG.
Cheers - CSDI

Hello S-i-d-i-,
Struggle at work today only completed 2/3 of tasks and fed up of with being in fromt of PC screen all day.
So had a break for couple of hours, fed and watered now, and sitting down to relax and watch some football.
Hammers just drawn with Saints in a pretty tedious game.
My p/f up about 2% today - so that's good for me. All shares on the up except RDSB which was down a mere 0.33%.
My big two of IMB & GSK up over 2% each and my two small traders gaining more than 3% each.
I've dumped NCYF today after few discussions on that BB. Got the cash to spend when I'm ready.
I'm waiting to see whether to buy SUPR or NCYF as both have good divis, but NCYF expecting a cut as cannot maintain a 9% yield. Also got choice of topping up some other small holdings with ASEI, HHI, CEY, PDG, VOD.
Might even look at GGP and SYME but would not want to ruin your chances with them.
Tomorrow is last full trading day of year, so will be low on volumes, but may see some volatility if we are lucky.
I was pleased to see LLOY fall to support your decision there.
Catch you later if you're still on board

Good morning S-i-d-i
Hope you enjoying the day and watching your shares rise to the sky.
Got a nice little covering of snow again today, which makes it tougher day for Mrs CSDI travelling on the community.
I am bunkered down in the office as normal, and the boys merrily snoozing in bed (as normal too !)
Nice start to the day with p/f up approx 2%, just a little behind the FTSE's progress.
Pleased that IMB and GSK keeping up with the FTSE today.
I've been chatting about NCYF and come to conclusion that it needs to go, as seems divi cut is imminent and that may knock the SP down much further - so just need to time my exit as best as possible. Got a replacement lined up with SUPR, which has lower divi around 5.5% but seems as secure as anything arounf at the mo based on Supermarket rents for the big UK's like TSCO, SBRY, MRW etc. This is a fairly new REIT. Might be one for you in the future if you are looking for an income paying share.
Ok - my play time is up - better get back to work ... (sad emoji)
Take care, catch you later
Cheers - CSDI
PS. If it is easier for you to use the mobile just start a new thread and call it "Note to S-i-d-i Pt 2", and we can fill up the BB ourselves LOL

Hi S-i-d-i
I never use my mobile for computer stuff as layouts never seem to work.
Of course with having desktop in my office and laptop in living room makes life easier, especially when play chess online.
Would be a nightmare trying to play on a mobile, but I know some tech savvy kids manaage it somehow.
Managed to complete my schedule of work today - as need to get in habit of hitting deadlines again.
Had a nice break over the weekend so expect it will be a 35 day marathon ahead, to complete everything by 31st Jan as normal. February usu have some time off - which Mrs CSDI will enforce - as domestic jobs are always scheduled. This year involves some house painting/decorating ... yuck.
We have had some mini breaks in years gone by, but won't be possible this time with CV-19 around.
Time to put feet up for the evening with a bit of relaxing and reading... And checking what's going on on these BBs.
Tomorrow is another day...
Cheers and take care - CSDI

Good afternoon all,
Belated Merry Xmas everyone - which might come tomorrow if stock market is kind to us all.
As I am not a trader can't contribute much to your fun and games, but I do keep an eye on you lot from afar !!
I'm sure there will be some interesting moves tomorrow which bodes well for a nice little earner to year end for you.
Notied the pound under a bit of pressure today - but that will help many FTSE100 stocks in any case.
Suspect my shares will be left lagging as normal, and no intention of trying to be clever with nipping in and out the market as do not have time or the necessary skills LOL.
GLA
Cheers - CSDI

Hi S-i-d-i,
Good morning and the start of a new week. I've been busy planning my work for this week to make sure I dont miss any deadlines as they result in fines if missed. Hopefully got all covered.
with UK market closed today, the Yanks and euros can steal a march on us. Just hope we catch up 2mrw, but knowing the FTSE is so out of favour, it may disappoint us yet again.
If you're in the mood for trading, you might be able to sell up some stuff and buy into the Brexit-boost stocks. For me it is just a matter of sitting it out for a while. I am not one to chop and change to chase current news items. If I had some spare cash unallocated then I might be tempted, but see no reason to change anything at the moment. I am sure there will be some good winners this week and most likely that will not include any of my shares. I read some interesting ideas in the Mail Online finance section yesterday which included IAG, but any more bad CV19 news could send that south. I will have to wait for IMB,GSK and RDSB to pick up before I can top slice some off. In the meantime my others provide a bit of diversification and all with no more than 10% of my p/f, so they can all be held for a long while yet, esp as many are quite new in my p/f.
I've been chatting on the NCYF BB and it seems the 9% divi will face an inevitible cut. Just wonder whether to sell short term and then buy back, but knowing my luck the SP will rise if I sell, and fall if I hold. Dilemmas galore. This share gives me exposure to "fixed income" rather than normal shareholding.
I think your shares will do better short term as will benefit far more from Brexit. Fingers crossed we are both smiling tomorrow after the long weekend. Only 2 full days this week and another 1/2 day on Thursday, normally means lower volumes but more volatility. Could be some big movers at the open tomorrow but I will just check later in the day as normal.
Enough of my rambling on ... better get back to work
Take care my friend. I will pop in later to see what's on the BBs. All of our thread is back in place even with your duplicated posts LOL.
Cheers - CSDI

Good evening s-i-d-i
Trying to do some weekend research as normal.
Lots of tips and ideas from the press to consider ... most seeming bullish following Brexit
Hope it brings a nice rise in SPs accross the board, but am concerned not taking the CV-19 into full consideration.
We are now 9 months into the pandemic in UK, with vaccines just starting.
Without being too gloomy - it's going to be a few months yet before we will have some sort of control.
The next 3 months are likely to see increase in virus-spread imo.
Therafter we have 6-9 months before next winter to see if we can get back to the old normal.
In simple terms a lot of firms will have lost 12 months and have a bigger cost base going fwd to counter spread of CV-19.
Which firms will still be standing and able to beenfit the most ?
There is a lot of optimism about the travel/airlines sector, which I hope is right, but I am not as confident.
These shares could double or more with any tailwind.
Housebuilders just keep climbing. I don;t understand where the constant price rises come from.
Most people I know are struggling to make ends meet, and yet house prices keep booming.
There are a few very fortunate who seem to prosper no matter what .... good luck to them.
I notice your SYME share has a massive following on the BBs with a lot of drivel being thrown around.
Would be nice to see some sensible comments on how it will grow. Some believe £1 in 12 months ... wow that would be amazing from 0.5p now ... for me I just look on in disblelief ...
For me, my focus is on my big 3 of IMB, GSK and RDSB. I would expect RDSB to pick up with potential increse in oil demand. Not sure how IMB will be effected by Brexit agreement, and GSK's SP is a complete mystery how it can underperform so many others that appear to be "house of cards" shares. I don't have a lot of UK focused shares other than Aviva.
So looking forward to Tuesday and hoping for good moves.
I wonder what will happen with your shares - hopefully you will get a BBB (Big Brexit Boost )
Mrs CSDI been off work today, so was forced to go "window shopping". So much for window shopping as we ordered new sofas, dining table and chairs, and living room furniture in space of 2 hours ! Got to keep the economy going LOL.
I will have to stay in my office for next few weeks as can't afford any more spending sprees.
Trust all is well - take care my friend
Cheers - CSDI

Good morning my friend S-i-d-i,

Merry Xmas - hope you have a good day

Cheers - CSDI

Hi again S-i-d-i
My SPs have been updated properly now in my SW Stocktrade account.
Looks quite good overall for the day now.
PDG up 15.7%, but still down 10% since purchase a couple of weeks ago - typical shocking CSDI buying
Just GSK and RDSB down less than 0.5% each, with all others up today, even if only a bit.
Right time for curry now !
Pop back late on
Cheers again

That was easy - not much wrappin' to do. Dinner will be straight forward tomorrow. Mrs will be out at work, so my job to sort.
It's like doing a Sunday Roast really - with a few extras. Normally have 2 or 3 meats on the go, but keeping it to 1 this year.
It will be a quieter xmas than any I can remember, but hopefully just this once, as should be able to celebrate properly again next year.
I like the SPs showing on this LSE system, as they are higher than my SW stocktrade account. Makes no sense but I will take AV @ 328p instead of 310p. My little share with PDG shows 10.98p on stocktrade and 12.38p on here - a huge difference ! On HL system it shows as 7p in the small cap section where all prices look stupid !
So I think the p/f has gone up today - but not sure LOL.
time to put feet up for a couple of hours and relax.
I'll pop back later as not going out this year for Xmas Eve as would normally do with Mrs.
Cheers

Afternoon s-i-d-i-
Just finsihing off some bits or work submitting documents to companies house for deadlines of 31 December.
Next week involves submitting documents to HMRC for client companies with 31/12 deadline too.
Then I have monthly deadlines for payroll work with 5th January deadline
Then it is my big deadline of 31st January, which effects 75% of my clients.
Every year I seem to have same rush in January - partly as clients leave things knowing the deadline and partly because I leave work til deadlines get closer. I love the buzz of being busy in January when most people struggle after the xmas hols.
It's been like this since 1998 when HMRC changed the rules and introduced Self-Assessment.
Anyway - I am not sure how my p/f ended today as Scot Widows stocktrade system showing different SPs to Hargreaves Landsdown and Digital Look - in some cases I can see 3 different SPs LOL.
For AV I've got 310p in my pension a/c; 324p on HL and 328p on Digital Look. So it's a matter of "take your pick" LOL.
I've seen this happen over the years where Xmas Eve prices are all over the shop, depending on what trade shows last.
Crazy really but does not matter as I am not selling (yet) !
Anyway time to get ready for Xmas now - bit of last minute wrapping - and prep for tomorrow's dinner which is smaller than normal this year as only got the F-i-L with us, rather than children and grandchildren which is a shame.
Better go and help Mrs CSDI.
Pop back later
Cheers - CSDI

Good morning s-i-d-i and a happy xmas eve to you sir,
Well the "Oven Ready" Brexit deal is almost cooked - just in time for Xmas dinner. We've had 4.5 years to sort this out and expect business to adopt new rules in a couple of working days time - a joke - but typical politics.
The market knows what is going on better than we do, so should not really shift it that much. As you say the UK focused shares should get a lift from a temp strengthening of the pound, which should help the banks and insurers etc, while the big beasts with earnings in US$ and Euros may drop a bit -which effects our miners, oilers, pharmas and VOD etc.
Looking ahead who knows what will happen with our SPs, but hopefully some sense will return with GSK particularly.
RDSB will be dependant on Covid recovery, so it may be some time before oil demand gets big enough to drive the SP upwards. The big beasts have a heavy cost load and it will take time before profits come back, but they have financial muscle to survive where smaller business may crumble.
Onwards and upwards my friend
Time for me to get some work done as been lazy last 24 hrs.
Have a great xmas and speak soon
Cheers - CSDI

Good evening s-i-d-i-
An early finsh with work as not in the mood today.
In the end my p/f just crawled into the blue for today, but lagged the FTSE's performance.
Always better to be up than down, no matter how far behind the FTSE.
My PDG had another stinker dropping to 10.72p suddenly at the close.
At least AV, RDSB and VOD helped ease the pain of GSK which is really suffering and heading towards the October low, whihc was worse than mad-March's low !
Will be interesting to see what happens if we finally get Brexit over the line. Should push the £STG up, which should work against our dollar earners - like the miners, oilers and pharmas, and probably not help VOD's Euro earnings either. A no deal will no doubt cause a fall too - so it's heads I lose and tails I don't win LOL. Was hoping Santa might help this week but he must be self-isolating.
In case we miss each other tomorrow - just like to say have the best xmas you can and take care.
ATB - Cheers - CSDI