Member Info for CSDI1962

M - well done into 7 figures.
I can count 7 figures in my whole p/f if I include the pence. You're all on a different level to me.
In comparison I am in a non-league team, training with the premier league players.
As for profits; well that will only start after I eliminate the minus figures first.
Ummm let's say my p/f is a work in progress.
Cheers & GLA - C

Re CGT - Need to declare if sales exceed 4 x CGT allowance (of 12.3K), even if profit below allowance.
This is why best to have all in ISA if possible.
Not a problem for any of my clients - not many have any shares at all, other than own private Ltd Co like me.
Cheers - C
PS. No more news from hospital yet

Morning all
Just spoken with son in hospital. Being looked after well by NHS.
Awaiting results still, sitting up slightly with neck brace on. Movement restricted as precaution until results known.
Seems to have broken a bone in the neck. He's in good spirit knowing it could be far worse.
Don't know as yet how long he will be staying in there.
Thanks for all the good wishes - Mr&Mrs C

Evening peeps
Bad day as our 25 y/o in hopsital after a cycling accident several miles from home. Lucky a doctor was a nearby witness to ensure he was kept as still as possible.
We are not able to visit after he went in ambulance, with neck injury, after I attended the incident.
He has been on a stretcher with head blocks either side since tea-time, lying still on his back.
We take comfort from fact he could feel his toes etc while waiting for ambulance to arrive.
Fingers crossed it is not serious, as we await news on treatment being advised by a bigger hospital.

I was supposed to play a tournament chess match tonight - naturally that has been postponed.

on the trading front, I plucked up the courage to buy 7.5K HMSO today at 32.5p
It will only be for a few days at most, as goes ex div next Thursday.
My SIPP provider does not allow me to have the 2p scrip divi (6.1%), so can only get the 0.2p cash alternative.
I am hoping the divi attracts some buyers back as SP popped from 20p on 19/2 up to 42p on 16/3.
I have a target (gap) of 34-35p.
Recent broker targets of 26p and 22p look ominous, unless these are part of the usual manipulation to lower SPs for own gain.
Both of my gold miners suffering, despite director buys of CEY. Everyone's favourite GGP under pressure.
Let's hope tomorrow brings better news all round.

Cheers - C

PS. 11.40pm Good news - just called 25 y/o. He is sitting up a bit now, with neck brace and has a broken bone.

S - Nice day for those in PFC and TUI amongst others (which of course I am not).
T - Can you put a spell on PLUS & MCRO please

Thanks to you guys and O too, I've approached my SIPP share adminstrator Stocktrade - to request a discount for frequent trading to try and save on costs of £15 per trade, as I've already done 75% this year of the number of sells I did in 2020. If they are unable to accommodate my request I will have to move my SIPP to a more cost effective platform. I reckon I've paid about £1000 more in commissions since starting this SIPP in Jan 2018, than I would have done with my old Halifax/AJ Bell SIPP. Should be interesting to see if I get any success with my request.

Cheers - C

T - Sounds like some do-gooder moaning, which you can do without.
Have other neightbours received same letter.
As Ewok is with you all night, what other dogs are in the locality ? Is it another dog causing the issue ?
I think sleep-shortage is more and more common these days - Mrs CSDI often struggles - and anxiety for folks caused by Covid etc. Maybe the NHS worker needs a glass of wine at night, or earplugs rather than whining to the council.
Good luck with sorting as always best to have harmony with neighbours.
Take care T
Cheers C

Morning all
Thanks to T's pursuasive ideas, I've just sold NCYF @ 50.17p for a 3% profit in 6 days.
I think I was planning for 51p trade or LTH hold when I bought on Thursday @ 48.17p, but now hoping to buy back in again if it drops back. So now got over 19% in cash (the most I've had for years) which is about 3 (small) pots to buy with.
Onwards and upwards.
Cheers & GLA - C

T - Not bought PLUS back yet as dont't like the short-term chart now. It seems to be rolloing over and heading back to 1340/1350. No point buying when it is falling mode. Surely best to wait until we have sign of up-tick, esp after yesterdays surge to 1430. No need to rush back in, and I only look at things intermittently during the day.
Same issue with PFC - but could get 10% more shares there from sale proceeds of 102.4p last Thursday.
always plenty of fish in the sea, and I am trying to break a habit of buying into falling-knives. Better as you would say to buy in a rising trend when you can, unless you have clearly defined trading channels on way down.
Cheers - C

Morning all,
Strange night with bit of reaction to the jab - so didn't sleep well.
Taking it easy this morning - nothing new for me LOL.
Just sold SSE @1457p as it hit my 10% profit (after all costs) target. Very pleased with that as only taken 3 weeks. It will probably go on to the 52 weeks high at £16 now that i've sold. Still have to accept a profit is a profit and keep to the plan - for once LOL.
Cheers & GLA - C

S - Must confess I don't like the smell of PFC. I was confident of getting back to 170 before last week's sneeky RNS. My concern is that the SFO witch-hunt keeps going on and on, which can only be damaging and danger of further disassocation by major clients. If the new CEO could get this brought to a conclusion, together with some directors purchasing shares the outlook would be so much better. My client that is going under has had a lot of dealing with ME (elec supply) that had been financed thru oil, and was on receiving end of bad bank treatment dealing with ME counter-parties. He advised me against buying PFC shares in 2018, but I got lucky with timing, getting in and out in few weeks at a handsome profit. The danger is cashflow with PFC, with Covid-interuption on most contracts, although they have had big CILBS. The delay on Results is also worrying, when you compare to say BP,RDSB and WG who have all issued for 12/20 on a fairly normal timetable.
Certainly a big recovery play if all resolved.
I wil stay on sideline for now and try and pick the odd day-trade when I can.
Results can't come soon enough, hopefully with good news on SFO prgoress.

Nicely done on PLUS generating next years ISA funds.

Never looked at HEMO, but I am considering HMSO on a NAV vs SP basis, now that SP has pulled back sharply in last few days from 42p to 32p or so. I had a really nice run with them last year making over 100% on 3 tiny trades (£500 each) from april sold on June 2nd, 3rd and 4th.

I'm keeping an eye on the Brigadier's faves of MCRO and PLUS too, but need both to drop a few % with the amounts I trade.

I am sure you will get back in the "trading groove" again this week !

Cheers - C

S - That's correct ! They"suggested" waiting 15 mins and I responded by saying I feel fine at this minute and it's only a 5 minute drive (less the 1.5 miles) home. If I am not well when driving I can stop the car on my own. What's the point of waiting 15 mins to see if I feel worse ? OK if you feel ok you may leave !

Are you still in PFC - as the rubbish being written on that share-chat beggars belief.
I am more inclined to wait for some positive newsflow or a nice daily trading range to appear. Notice we've ended the day at the low point again, with less than 2p range today - would expect a much wider range than that.

So my p/f almost split in two now:
LTH: ASEI, AEWU, NCYF, CEY, GSK pt, IMB pt, RDSB pt, SUPR.
Trade: GSK pt, IMB pt, POLY, RDSB pt, SSE
Not sure what to do with: NG - thinking might be best to sell up for small loss and use for another trading share.

I think you have NG too - and were wondering what to do as well - as going nowhere slowly !

I'm avoiding travel shares for now, but have TUI on my watchlist.

You must be pleased to sell ASC - well done.

If PLUS drops enough I will be able to buy 3 more shares using T's reinvestment system.

Cheers - C

Back from AZN Jab No.1 - home at 3.55, and the appt was at 3.50 - efficient or what !
Settled down with cuppa - await for reaction later I suppose.
Mrs CSDI quite sore from yesterdays Jab No 2 (Pfizer)

Time to go for the jab. In case I don't get back I've just done the following:
1. sold 1/3 of CEY @ 104.1 for a 7% loss
2. bought POLY @ 1485p, using the CEY money + some cash
3. bought AEWU @ 82p for LTH with a divi >9% (for now that is)
C U laters - C

Morning all.

sold PLUS @ 1425 for a 2% profit after costs. As Tesco might say "every little helps".
Not expecting to do anything else today as lots of work on the agenda

GLA - C

Wow - what a day of 6-Nations entertainment.
Ireland battered England - with up-front domination.
France vs Wales - what a cracker for the neutral, and a typically late-late finish.
Amazing how 14 + 1 red card had big advantage over 13 + 2 yellows at the death.
Must say thought the refereeing was top notch, with prob exception of not awarding penalty-try to Wales, just before the advantage led to near-try with ball touching flag/line and then losing player for foul play. Fine margins.
Can scotland stop France and play as well as they did vs England ?
England lose to all 3 home nations for first time since ???
Match of the Day not as exciting as the Rugby !

Looking forward to Monday with CEY results before my pm appt for the Covid-jab.
Been researching some shares - and tempted to add another REIT to the p/f as part of my LTH HYP side.
Similar to O's WHR, I am thinking of AEWU which was launched in 2015.
This has a planned div of 2p per qtr on a current SP of 82p.

On a performance basis my p/f had bad week with big loss on PFC (over 2% of p/f), offset by gains on BATS, GSK, IMB and SSE giving me a net loss just over 1% for the week, which was quite similar to the fall in the FTSE.
I've got 11% in cash which gives me some options this week, with CEY and PFC high on my agenda.
At some point I will have to find a cheaper way of trading if I am going to continue trading as much as I have done recently.
£15 to buy and sell eats up a lot of money if trading a couple of times per week.
When I started this SIPP my intention was mainly to buy and hold, but am now thinking this is an old way which is not fitting in the modern world, despite many commentators suggesting trading can be a costly mistake.
Certainly worrying that over 70% of retail investors lose money when trading CFDs and spreadbets.
Not sure if similar percentage fail at conventional investing.
A lot of LSE posters saying LTH has not worked for them over many years. That is to be expected on BBs designed for traders as your typical LTH is not bothered in day to day stuff.

Take care all - catch up soon - C

Afternoon all - sorry missed role-call this morning. Having too much fun with some accounts due at Comp house on 31st.
No trading for CSDI today, but have jotted some prices down on number of shares to try and ascertain "day trading ranges".
Think there may be some mileage in HMSO as 1p move = 3% approx.
got my eye on 3 goldies - CEY (already held), GGP and POLY.
Kept my PFC money back - and will do a "T" with buying more shares with same money if SP stays close to where it is.

Must report the big news in CSDI-land that I won my first games of chess this season. Of course it was gainst the league's whipping-boys LOL.

V - must be relieved SYME came back after unexpected suspension with violation of company accounts rules. Well done with the trade - very tasty profit.

to all having issues with provider systems calcs - as T and S both say - just keep your own spreadsheet with record of costs and current SP. That way you always know exactly what the P&L is. My spreadsheet has very different costs to my rpovider as I record sells against specific batches of purchases, which I find makes more sense than using average costs.
TBF - it does not matter in my account as all in SIPP. Would be no problem for ISAs too, but not suitable if needing to do CGT calcs for HMRC. A good reason to get all investments into ISA asap, unless you only have modest investments (like I had in the past) where no chance of CGT applying :)

Have a good weekend everyone - final round of 6-Nations - just hope they are enjoyable games like last weekend's matches (ignoring Italy of course).

As RIP Murray Walker might have said It's time to "Go Go Go" !
Enjoyed watching the tribute program on BBC on monday night I think it was.

Cheers - C

T - Just made brew for Mrs CSDI coming home from work and told her about your "Laptop Cat" buying shares. She was very impressed with the "Fat Cat" profit mentality !

Cheers - C

sold PFC @ 102.4p for a 3.3% profit - Gosh Am I turning into an "apprentice Brigadier" ?

Really need to look at changing SIPP provider if I am going to be trading more than I originally planned.
Big difference bw - LTH with HYP and trading for few % at a time.

Thanks to all for the ideas - especially T & S - certainly got me thinking differently these days.
Hopefully I can straddle both systems by keeping a split p/f - and even having certain shares in both camps - like GSK & IMB.

Cheers & GLA - C

T - oops I spoke too early - PFC dropping back before I wanted to close - ouch
Was looking for 5% profit (on a day trade that would be brill), buy may have to hang on now, and not sure if I want the overnight risk or not.

T - Yes thanks PFC doing nicely - will be taking off the table before close of play - a lot of smoke around atm.
Notice your MCRO moving nicely.
PLUS seems out of kilter with CMC and IGG, lagging badly. CMC going great guns now.
A nice day for me for a change so far, CEY +2%, IMB +1.8%, PLUS + 2%, SSE + 1.6%
My biggest share GSK - struggling at all the £1 landmarks, fighting to get thru £13, and then £14 will be big resistance. I think the tradin range has dropped a couple of quid from years gone by, was £14-16+ , now £12-£14 until they sort out the splits in 2022. Relatively safe but has tied my hands up.

Cheers & GL