Member Info for CSDI1962

And sold PFC @ 112.1p for another "M-like" trade with £50 profit.
So that's 85% of my weekly trading target - I need lessons off S to hit weekly target much quicker.
Mr Accumulator (aka T) well on way to target with MCRO despite a fair bit of doubt re their debt.
So i'm picking up ideas from all brigadiers, but a long way behind compared with your trading skills.
I'm young enough to stay on the apprenticeship, as long as you are all happy to put up with me.
Cheers - C

M - tax stuff deadlines. 90% of clients leave til last minute, and I am same with work too - need a deadline to get me moving.
No deadlines means lots of time to play chess, chat on here, catch up with any manner of league tables, and have a flutter on the shares in my SIPP.
And yes, the client in a hurry as after a new mortgage - spot on there mate
Also like to sort my own Self-Assessment as a guinea-pig test case for the new year to see what has changed on HMRC system for processing.
Cheers - C

Just done quick trade on PDG with 10k shares. Bought at 19p, sold at 19.725p for a miserly 1.7%
Every little helps as a certain supermarket might say
I reckon I've been taking lessons off M
Cheers - C

Morning all - last on parade as always !!

PFC - moving nicely - no doubt S been in and out already.
NG - snail of a share may be crawling thru resistance at 880/900 after a 10% + move in a month. It's a boring safe hold for now, with target of 950 for me after purhcase at 865 on new year's eve.
PDG - maybe one to look at now, with March's car sales up on last year (inevitable in comparison). At SP around 18.2p looks to be breaking out.

Overall markets healthy atm, with FTSE at 12 month highs and a long way behind all other major indices in that time frame.
An interesting play for me is LUK2.

Right time to crack on with first set of sole trader accounts for new tax year. A very keen client dropped his books off on Good Friday !!

GLA - C

Hi Alas,
Latest update as at 7/4/21.
Current Updated P/F: Epic/Sector (% of p/f) Ave cost (C), Curr S P, P/L to date*' Div Yield - Div Recd
1. ASEI- Inc Trust (9.4%) C=324.3p SP=343 P= 7.4 DY = 6.0% DR =5.2p
2. AVST - IT/Cyber sec (6.3%) C=462p SP=462p P=0.0% DY=2.5% DR=0
3. AEWU - Reit (6.4%) C = 82.9p SP= 84.6p P=2.1% DY=9.5% DR=0
4. CEY - Mining (6.2%) C=130.4p SP = 107.4 L=17.7% DY = 6.0% DR =0
5. GSK - Pharma (17.9%) C=1460p SP=1300p L=8.15% DY=6.1% DR=40p
6. IMB - tobacco (13.4%) C=1888p SP= 1516p L=9.1% DY=9.1% DR=200p
7. NG - Utility (6.7%) C=875p SP=888p P=1.5% DY=5.5% DR=0
8. PFC - Oil serv (5.4%) C=108.7p SP=107.8 L=0.9% DY = 0% DR = 0
9. POLY - Mining (6.0%) C = 1493p SP=1431p L=4.2% DY= 6.4% DR =0
10.RDSB - Oil prod (7.9%) C=1973p SP= 1374p L=25.2% DY = 3.4% DR = 101p
11. SUPR - Reit (6.6%) C=107.8p SP=110.5p P=3.9% DY= 5.3% DR = 1.5p
12. Cash (7.8%)
* denotes P/L after divis received/receivable
The P/F has gained 2.2% YTD (Feb was loss 3.2%); and lost 6% (was 9.8%) Cumulative (since start 23/1/18)
My target is to beat the FTSE100 which has YTD profit of 6.6% and Cumulative = 12% loss.

The p/f is slowly being split into two parts - a core of HY shares (60%) and a balance of short-term trading (40%) shares.

Your comments and criticisms are appreciated as these give me alternative views and challenge my historical methods of p/f construction. As a consequence of these comments I have started to invest in areas that I had not previously considered such as Trusts, REITS and technology. I am sure as time develops I will add other themes to the p/f.
The overweight sectors of pharma and tobacco can be reduced to average weightings over time, when I hope the shares will have performed/recovered well enough for me to cut the holdings without crystallising any significant losses. Time will tell.
Cheers - CSDI

Just added PFC on back of re-financing news.
Paid a bit too much @ 108p, as missed news when out for lunchtime walk.
A slightly smaller purchase than normal for me with just 2k shares. My normal (old ideas) target would be 10% profit, but not sure at the mo.
Looks like I'm buying while the professionals (other brigadiers) are selling .... um story of my investing career ...
Cheers - C

O - Thanks to your p/f note a couple of month ago, I added AVST to my overgrown watchlist.
You are keen on the tech/security sector, where I have minimal allocation.
No doubt T would say to ignore sectors and just look for movers with trade ranges.
MCRO is one I've done well from in the past, but must not get attached to any share.
Lots of ideas thrown into the pot by brigadiers, with my normal suggestion for others to avoid anything I purchase, due to my natural skill of getting it totally wrong LOL.
GLA - C

Morning all
CSDI issues warning to all holders of AVST.
Just bought a trading batch (£2.5K worth) of AVST @456.8p, looking for target @ 480p.
It's bounced back off 450p level twice in last month, so hoping that acts as support.
Fingers crossed for my virgin trade for this month.
Still watching others of CNA, HMSO, MCRO and PFC as have two bullets left to fire when ready.
Cheers & GLA - C

Afternoon all and Happy New Year (tax year of course) !
Hope everyone set up their investment ISA accounts for the year - as no need to give Hector any extras.
As expected a good start to the year, so I've been sitting on my hands tradingwise.
Do not like buying on new month up days esp when SPs marked up from the get-go.
Notice that MCRO had a nice pull back today, so that is my favourite for my next trade.
Did have an idea to buy LUK2 (FTSE ETF x 2 leverage) but that was up from the open, but still might be a good way to play the market if we have a bit of a good run with re-opening economy. CNA has had a couple of broker notes targetting 70/75p, and seems to have good recent support at 52p, so this is very much in trading eyeline, along with HMSO.
I've put PFC on back-burner as waiting results some time mid-april delayed from Feb.
Preparing for spectator role with chess match tonight in the 4NCL online league, and Liverpool FC in champs league.
Had a few bits of hail today, but managed to avoid elements with lunchtime walk, despite blowing a hoolie.
Take care all - cheers - C

S - Nope I sold out of CMC after 10% gain. Would have been 30% if held. That's the problem with trading mindset, it's hard to buy back in after a sale on a rising SP. With hindsight should have just held.
I am wrestling with p/f construction - choosing bw LTH (mainly HY) and Trading.
Now have almost 20% in cash, so looking for next ideas.
I have a watchlist of about 40-50 shares, and like to have no more than 12 in p/f at any one time.
Hope you've had a good finish to the trading/tax year.
I had a good month in March with p/f + 4% vs FTSE + 3.5%, but YTD p/f is sadly only +0.5% vs FTSE +4% to 31st March.
I have 4 big losers in p/f with CEY, GSK, IMB, RDSB and have to decide how best to play them.
the Brigadiers have had quite a big influence on my actions this year, with an emphasis on trading and also on whether to sit tight on losers.
Cheers - C

Afternoon all - late for role-call as usual !
Had two hectic days and nights (2am and midnight) to beat 31st March deadlines.
Quiet day catching up with some admin and tax planning.
None trading day again, and will do some research over the weekend.
A couple of my ideas would have done well this week, CNA and SLA, but only did the HMSO trade.
I've got 3 batches of trading funds to employ, so will see what I can find.
I've talked myself into becoming a cricket scorer for a local club, so am meeting up tomorrow, then going to a pre-season match on Saturday - a shame the weather gone back to normal.
I started scoring over 50 years ago and stopped when I started playing regularly in 1976.
I wonder what has changed, with all the modern technology, and how we have to adapt with Covid !
Have a great Easter everyone, keep safe and take care.
Cheers - C

Morning all
Where is our main market commentator T today ? - hope no bad reaction to the Jab.
S - Nice result with MCRO - great run last 3 sessions.
M - Profit is a profit and they all add up - well done with PFC. It's got too tight for me to trade with my small batch value
C - has sold HMSO for just under 4% profit, missed at least another 2 or 3% by selling too early today.
So i've done 9 short term trades this month (bought& sold within march)- 8 winners 1 loser - thanks to T's motivation. Net result + 2% on whole p/f
Also done 8 other sells from older purchases - 5 winners 3 losers - with a net loss 0.5% on whole p/f, mainly due to big hit with PFC fall on ADNOC tender ban.
Sitting with just under 20% of p/f in cash, to prepare my next shopping list.
right better get back to wrok as still got two cases to complete by tomorrow night - arrgghh !
Cheers - C

O - Yes F1 normal start in Australia - been moved towards back end this time.
Nice to have a race bw two different (team) cars up front.
I wonder what the penalty would have been if Verstappen had not given place back !? ( 5 secs ?) Could he have got further away as lost all momentum giving place back.
I am not a fan of LH, so hope he gets beaten this year !
Cheers - C
PS. No trading done today - just HMSO in the window for this week.
Nice day again for MCRO - that should please T and help get over the jab

Thanks to everyone for kind and considerate wishes with our lad.
Cheers - Mr & Mrs C

Intersting start to F1 season.
Let's hope it's more than a one-horse race again this season.
Looks like we might have a bit of competition this year which it needs to generate more interest.
Just over 6 months to go and I hope to be heading to Japan for Rd 17.
Update from home - he has one fractured bone in neck and 3 in upper back, which are expected to heal over time.
A few weeks rest, no work, and we'll see if he can home-study for the electrician course before end of year practicals/exam.
on the p/f side - let's see what happens with Ever Green ship stuck in the Suez.
GLA - C

Hurrah - home at last.
25 y/o just got home. Able to walk with neck in support brace.
Has a fracture in spinal bone in neck, which should recover with rest.
He's missed home food and already tucking in to some pasta !

Afternoon all
Great news with son - up on his feet now !
Just waiting results of more X-rays, and expecting him to be allowed home later.
Will have to wear a neck brace for some time .... a small price to pay fro what could have been far worse.
Communication is difficult, with no visiting allowed, and mobile signal not great in hopsital wards.
He won't be a ble to work for some time and college course will be tricky as involves practical testing (electrician course).
Just grateful he is not seriously injured.
Happy Day for us parents
Cheers - C
PS. No criticism implied of any Brigadiers re CGT. As T says, I suspect there will be reporting requirements from banks and all FCA regulated firms so HMRC will have info available.

G & S - Anyone in the Self-Assessment system (approx 11m UK taxpayers) has to declare capital gains if any. HMRC have limited resources.
From a personal pov, it is simpler to do the right thing so you can sleep at night.
I would expect trading platforms and financial institutions provide automatic returns to HMRC, but cannot be certain.
There are so many requirements to comply with HMRC for small business, and would have thought these apply more so to banks and fin. inst etc.
If you trade via spread-betting then this is not taxable, as it is deemed to be gambling.
Trading via CFDs is a taxable issue, for CGT purpose.
Trading via an ISA is of course tax exempt too.
I am certain providers have to issue dividend declarations to HMRC.
Not sure if that helps anyone, and of course this is just a general chat, and my opinions, not to be viewed as advice.
Have a good weekend everyone
Cheers - C

O - Agree storage is good investment oportunity atm.
I looked at WHR and went for the different choice of AEWU, which is more mixed properties.
Directors confident of paying 2p divi per qtr on SP of 82p when I bought, yielding a dangerous >9%, and with 14% discount to NAV. Also got SUPR with lower divi of 5%, and they have done a placing recently too, which I could not join in.
Gives me 13% of p/f weighting to REITs. Not sure if will just hold long term or maybe trade for a few % profit and try to repurchase when looking to raise more capital as both growing REITs.
End of week shows 0.5% increase in p/f value, so still some way to go to get back to break-even.
At least I am now in profit on overall completed trades, but carrying a loss on current holdings.
As T says - slowly slowly catch monkey.
Well done with all those smart trades on CINE, and good to see MCRO climbing the worry-wall.
Have a good weekend everyone.
Cheers - C
PS. No news from hospital (which should be interpreted as good). Not sure how long he will stay in hospital.
He seems to be in good spirit although unable to move at present, as still awaiting results etc. Hopefully all just precautionary. It must be odd not being able to feed himself.

G - Technically you are incorrect on declaration to HMRC.
The rule is, you must declare CGT calcs if your proceeds from sale of shares exceeds 4 x allowance.

It is same for self-employed who earn just a few £K p.a. (ignoring NICs)
You have to declare self-employed income and expenses if your income exceeds £1K in the tax year.
I have several clients (mainly stay at home mums) who have small part-time earnings from self-employment.

Just because you do not owe tax, does not mean you do not declare items.

Cheers - C