Member Info for CSDI1962

I've just sold 600 (£2k worth) of my ASEI shares, that were bought in Feb @ 330p for 355p, to give a little 7% profit, with the divi included. It's just so I have some cash in hand to pick up a trade tomorrow if something jumps out at me. Never good to have no ammunition at all - 1 bullet is not as good as 6, but it's a start.
My p/f taking a hammering today, with lots of pain all round. Wonder if tomorrow will be a bit of a month end sell off to add to my misery with a long bank hol w/e on its way. Don't understand why CEY taken a mauling this week, down about 9% while gold only given up 1%. Some shares seem to be targetted more than others.
Cheers - C

OMG - what's happened ?
My p/f got 13 shares in the red, on a day when FTSE is up a bit - oh the pain (even without standing on a nail).
Oh no - it's a full house now - all 14 in the red !!
Time to switch off the PC me thinks
Anyone got a spare tin-hat for me ?
Cheers - C

CSDI Trade alert
Just bought 10253 shares in PDG @ 18.85p + costs, using proceeds from previous sale 3 weeks ago to buy extra 253 shares.
Should have got 440 extras but could net get an order so had to ring in to get the deal.
Fully invested again now with 14 shares in the p/f - the most I have had since end of 2019.
Will be aiming for normal target profit of 5-10%, but as always have to be flexible.
So nothing left for to ups now.
Cheers & GLA - C

Morning all,
Very cool this morning in NW, and got some deadline stuff to sort for tomorrow as been messing around too much with my p/f, which is much more fun than work !!
Thanks for all comments on my GSK conundrum, and going to do my own thing (as usual) and suffer the consequences for better or worse. I have already sold 1/3 of GSK at a smallish loss of 8%, to put into the "trading pot" and will hold the other 2/3 for now and review again in next 3 months. This is the 2nd time I have cut my GSK holding down this year at a loss, so from having 20% of p/f , now down to 10% of p/f. Would expect to keep half of what is left to see how the business split goes next year, and take the near 6% divi in the meantime.
also decided to go ahead and buy trading batch of AVST this morning, bought @ 486p as it has popped above the squiggles on the chart @ 480. Only looking for modest profit of bw 3% and 7% over next 2/3 weeks as heads towards divi date on 13th May. If drops below 480 will probably just take loss. Only 500 shares - which is typical trade batch for me. I need 8p rise to cover dealing costs and SD.

V - GGP gives me 'mares as lost 20% on a trade in Feb, and got enough trouble with CEY and POLY in my p/f.
I had a look at SYME and seems good idea in principle but not sure if will monetize successfully. Bad managment to get share suspended in January due to accounting technicality. Notice the SP down about 20% since then.

A few shares I've been watching have had good runs (CNA, HMSO, PFC) while the ones I bought not as good (BEG, TSCO, POLY, 88E, BATS).

T - We have contrasting styles, esp with my all history of chasing divis and the HYP idea. Well on my way to mixing it up now, with trading pot as big as my HY pot. Still got two big losses to sort with 2018 purchases of IMB and RDSB. Oh the joys ...

Good luck to all the Brigadiers today and esp newcomer K

Cheers - C

S - Interesting reply from you, as would have expected aversion to taking losses.
I have bigger losses from 2018 purchases of IMB and RDSB, but at least feel they are much more likely to recover some in a shorter time frame, although resigned to taking losses at some stage on those original purhcases. RDSB is my biggest loss in £ and % terms.
No worries about your comments, not taken as advice etc, but more like a chat in a pub with a mate.
At the end of the day, we all make our own decisions and no one forces us to buy or sell any share.
I've certainly adapted and adopted some ideas of the Brigade, and still enjoy my focus on HY shares, but to a much lesser extent than I have done in the past.
Take care and enjoy the midweek Merlot.
Cheers - C

Evening all
Welcome to Nezlob. Where is our CEO to arrange membership when you need him - probably relieving the nail-pain with the Roja !
I am called C for CSDI (Crap Share Dealing Ideas) and advise it is best to do the opposite of anything I try, as I have natural ability to buy shares just before they drop like a stone or sell shares just before they take-off.
Everyone in here is very patient with me and I've loads of help from all the posters.

O - I am liking the little zig-zag lines on the AVST chart from 460 to 480, hopefully ready for a break-out back to 520/540 range. The £6 top could be a bridge too far with the slower revenue forecasts. Tempted to spend my last batch for now.

T - I am considering cutting my 15% of p/f in GSK down to 10% to free up another batch for trading. It would mean taking a loss, but otherwise think my funds could be tied up for another 1-2 years there at least. In your thinking, any reason I should not do this ? Most posters do not like bagging a loss, but it does not faze me, if it free's up funds to trade elsewhere.
Only concern is that we may be due a pullback as FTSE been on steady rise for last few weeks.

M - I looked at top up on 88E on Friday at 1p and decided against it - another typical CSDI moment eh. I am in at 1.59p and not sure how long to hold as we are end of season for drilling there.

N - Agree that it is generally expected for UK/FTSE250 to have a good recovery. I've done terribly investing in banks over the years, esp in 2007/08 when lost massive chunk of previous SIPP, which never recovered. LLOY was about 560p, Bradford & Bingley got wiped out, HSBC was over £9, RBS was about £18 before 3 for 1 consol, and then we had the 1 for 10 to increase SP from 20p or so to £2 becuase they are so bloody vain ! Both LLOY and RBS/NWG have lost about 95% of their pre-2008 values !

Time for cuppa me thinx - cheers - C

Think I'm suffering from "disappearing post syndrome" - a common disease on LSE BBs

V - great results, well done.
T - Mind need your ideas on how to handle GSK
S - 88E was looking well earlier, now thinking about whether it is wise to hold as we go "out of season"
N - Lloyds going well, with most banks. I've avoided for some time as worried about consumer/businsess/mortgage debts yet to hit. Certainly missed a good ride.
M - let's hope NCYT behaves
O - not spotted much trading sorry

Take care all, cheers - C

Afternoon all
Sitting on fence day for CSDI - but watching out for those dangerous nails !
After a horendous day last Tuesday wiping £1k off the p/f, seem to have recovered thanks to 5 days of gains before today.
Wondering whether to hold 88E til next season/year as likely to have a fund raise at some stage.
Disappointed to see its fallen back in the red today now @ 1.47p.
NCYT not behaving today, together with my gold miners down a bit. Overall a pretty mixed day and near b/e so far.
GSK Q1 update uninspring as expected. Sitting on approx 8% loss, but getting fed up with lack of progress as accounts for 15% of my p/f. A slow burner and need to decide whether to continue holding for long term or take the loss and invest in something that moves quicker (and better !)
Cheers 4 now - GLA - C

PS. S - put your feet up and get out the Roja nice'n'early

Nice finish with 88E, while NCYT gone into reverse.
Despite my best efforts with locking in profit on NCYT and 88E's jet fuelled finish, still only ended up as break-even for the day.

Assume all the smart traders in here done better than CSDI as normal !

Cheers - C

And just bought back NCYT too - just £2K worth @ 503p
C

Busy day for CSDI the trader
1. bought some TSCO @ 223 - with target 5% or hold for divi
2. bought back AEWU @ 93.6 - target 5% profit with 2p ex-divi on Thursday
3. Sold rest of NCYT @ 565p for 15% profit
4. Repurchased POLY 1567 using "T" technique of adding few shares with same money from recent sale @ 1637.

Watching PFC and NCYT and can't believe latter gone negative for the day after being up 13% early in day

Cheers - C

wow - just watching NCYT down at 530p to buy now - was 580p couple of hrs ago !

sold my last batch of NCYT @ 565p after swift fall back, for a 15% on that batch.
Could have done much better by delaying first two sales, but always happy to take a profit, while letting some ride.
Never worry about ifa, coulda, shoulda,
Always lots more fish to try and catch, even if a few drag me under water.
Cheers - C

Morning all
N - Any IPO with uncertainty surrounding it, prob best to leave alone and re-assess after it starts trading. The only IPO I've ver gone for was Royal Mail some years ago and sold on first day of trading for a healthy profit. No point worrying if you miss a good riser as always other/later opportunities if patient.
Early trade for CSDI after reviewing TSCO yesterday. Bought £2.5K worth this morning @ 223p, looking for 5-10% trading profit over next month or so with ex divi on 20th May for 5.95p. This is using proceeds from SUPR, which I would like to repurchase on any pullback from its current ATH of 114p.
Nice to see 88E and NCYT on the move.
Cheers 4 now - C

Afternoon peeps
Just sold 2nd batch of NCYT @ 517.9p for 12.5% profit - happy days.
Keeping hold of smaller 3rd batch to see if we can go further (cost 476p).
Had a brilliant cricket match on Saturday, with my team losing off the last ball, with all 3 results possible. We were batting with our last man in and needed a 4 to tie, or 6 to win and the batsmen top edged a big swing and was caught on 3rd man boundary. The match swung on a clever run out for them, as their spin bowler stopped a straight dive and turned 180 degrees to throw at stump with our key batsman just out of his ground, with 7 overs left and 23 to win. Our captain sent instructions out to our tail-enders to go for the win rather than block for the draw - fantastic finish after 7 hrs and 40 mins of absorbing cricket bw two of the top teams in the County.
Yesterday was not so exciting as Mrs CSDI decided we should go shopping for garden furniture, and ended up looking at a new kitchen - arrgghh - things get serious too quickly for my liking LOL
Cheers & GLA - C
PS1. can 88E recover as well as NCYT ?
PS2. Beaut of a day round here, think I may have caught a bit of sun on my face as been walking without hat on my bald head - oops

V - Nice trading with GGP - good result

I've just sold my other REIT - SUPR @ 114.25p for £210 (8.1%) profit inc divis, after 4 months.
Likely to buy back in when they do their next capital raise which is pretty regular event.
It's just reached its ATH, so happy to take profit, altho could of course keep rising.

Quiet chat room this afternoon, so wishing everyone a great weekend.
Hope everyone done well on the markets this week - reckon I am down about £500 this week on the p/f despite locking in £900 profits on completed trades. Now got 24% of p/f in cash to look for fresh opportunities.

O - don't get me started on changes to tax rules - we prob have the most awkward regime in the world with specific rules for so many individual cases. The loss of inflation on capital costs has generated billions of extra income for HMRC. Gordon Brown did untold damage to the economy with his axing of dividend tax credits - with huge effect on pensions and the investing world. Just two litttle snippits that have helped change the stock market from long term strategy to short termism.

Cheers - C

Morning all
Had a taste of freedom last night - went out for a pub meal with best mate.
We didn't book table til 7.30, so was cooling down quite a bit.
We both ended up drinking our beers with coats on and blankets round our legs - a sure sign we are not 21 any more.
Managed to get back home about midnight, after taxi dropped him of 10pm, then taxi to stn to get train home, then another 30 mins walk. Had negotiated successfully with Mrs CSDI, so had to sleep in spare room so she did not get drunk off my fumes. So a late start in the office today - any excuse will do !
Just sold one batch of my NCYT @ 436p for a £50 profit, with a view to buying back if drops enough. And will leave other two batches intact for now at higher costs.
Assume a few very happy with todays NCYT rise.
Cheers & GLA - C

Afternoon V - NCYT continues to distress my p/f - down over 6% today.
Have just sold AEWU @ 94.1p for a 12.9% profit in exactly one month.
Had an update today to say NAV approx 99p and divi to continue at 2p for the qtr, making it 8p p.a.
If we have a little drop in next few days may buy back for the divi next week.

And as was typing decided to sell POLY too @ 1637p for 9.1%, also bought on 22nd March.

Both SPs may still climb but happy with 10% profit in a month - need to repeat that a few more times !

Cheers - C

Morning/afternoon all
Bright and cool in the NW today.
Just added BEG to my p/f - 2k shares @ 124.2p. big spread of 2-3% but thought I would add something a bit different to my p/f. After looking at FRP thought BEG offers a similar bit of diversification at much lower P/E. Surprised to see Begbies Traynor much lower mcap than FRP who I only discovered due to recent client case. Both outfits will have their hands full as business failures seem likely to increase once Covid support is taken out of picture.
So that's me fully invested again for now.
Trsut everyone having good day all round.
Cheers - C

O - I'm not too bothered about Olympics, as more interested in my F1 GP trip due October. Hopefully 6 mnths is enuf time to sort.

S - One of my sister's relatives had a 1932 Austin 8 (I think that was the model), kept until he passed away in late 90s. Was an eye catcher when I lived in Wallasey.