Member Info for DGR1980

Is the choice of brokers possibly because we might actually be going to mine after all?

Well how will people manage to fill their time until the next RNS now without JPM to panic about?

You only need to consider the Woodford debacle

RBLionheart - The way i'm looking at it is that I'm not expecting any dividends this year, so the Shell ones i'm getting are really just a bonus.

The key for me is looking at a 5 year window can i see the SP being 50% up on where it is now, and will it be paying divis.

Recruitment is an interesting one for me. Theres a lot of agent activity at the moment. Casual and low skilled work is probably drying it, but the skilled and niche ones are really picking up

RBLionheart - I like Taylor Wimpey obviously.

I'm also tempted by banks at the current ridiculous prices. They've been screwed by being told not to pay divis, so theres good value to add at this price for when they return. I think Lloyds is the one i like most

I've been adding Shell, They dropped their divi by 2/3, but demand will pick up as people start to travel more.

I'm also tempted by recruitment. Hays is another one i've held in the past and am considering again at current prices.

Finally I will also be adding Hargreaves Lansdown over the next few months. The sheer number of new investors / traders over the last few months should benefit them

Exactly RBLionheart - Its all about managing the risk of longer term holds. Its perfectly possible to take both capital gains and divis over the course of the cycles

RBLionheart - Ive been predominently buying below 140 and selling above 200. Thats about 45% or near enough your magic number.

In addition, with divis i've then returned over 12% of my average price for each of the last couple of years.

Take a look at TWs charts, its happened a lot over the last few years.

I tend to sell approximately half my holding when i slice, and reinvest most of that when i next buy in, so each time my overall holding increases slightly.

In addition i have my divis set to auto reinvest sub 160p

Zac0_4 - For what its worth i have approx 40% of my holding in funds which has kept my income ticking over.
I then have another 40-50% in FTSE 350 divi payers that I buy when they're value prices, and slice when they hit my upper price. I do still retain a core holding for divis but make sure my average price stays low.
The remaining 10 - 20% is for punts / AIMers. I try to keep that towards 10% but the recent performance of GGP has raised that proportion a bit, so recently took a top slice to spread around my FTSE holding

InGod - Because maybe he needed the £150 ,000 for something now? We know absolutely nothing about his circumstances.

Its horses for courses Zac0_4.

Different approaches work better for different people. And if you'd come in and said that, you'd probably have got agreement.

We're all at different stages in our lives and investment journeys. Its not one size fits all. My approach works for me. It may not for you, but i'm not going to try and convince you that your way is wrong

The long term value is found in knowing where the value buy is, and where the price is a bit toppy and balancing your portfolio appropriately

Market isn't liking anything today though

Both are.

Hadn't implies you had since realised on your own
Didn't implies that you needed someone else to clarify

If i had any free cash i would be.

I added some on monday at 129, and will be when i have cash available next

my2penneth - I did. I sold at 207 in January.

My value range for Taylor Wimpey is to buy sub 160 and to sell a good chunk over 200, keeping some for divis.

My average is currently in the mid 130s since starting to buy again a couple of months ago.

Mid 130s is a good percentage less than my max buy price of 160. Therefore yes good value.

Like i said earlier this then means even with just ordinary divis returning thats a return of over 6% on that holding. If the specials return in 2021 at close to the previous rate my divi yield would be over 15%. Again value investing.

Looking at your posting history I don't expect you to understand, but then i'm probably looking at a much longer time frame than you are as its in my SIPP

my2penneth :

1. You many not have noticed but theres been a global pandemic which closed down the country for 3-4 months
2. TW have taken advantage of that to pick up additional land at a bargain price
3. The RNS said that their drop out rate is lower than expected, and that most sales have just been pushed back rather than canned completely.
4. We have a target for when divis are likely to start. If ordinary divis return at the previous rate (3.8ish twice a year) thats a yield of over 6% at current prices.
5. As a long term value investor being able to add shares at a current 25% discount to my max buy price is good value.

I'm reasonably happy with that update.

Targetting getting ordinary divis back again to be paid in May 2021.

Plenty of time to build a nice sized holding at value prices in the meantime

Taverham - Who said anything about adding to losers? I'm not averaging down. I'm starting new stakes in shares i liked that are now 40% cheaper.

LSEO - I'm not going to list them as that'd be too OT, but they are all FTSE350 stocks across a range of sectors. Theres a house builder, a bank, a fintech, and an oiler in the ones i like most at the moment.

They've all acted responsibly through Covid, and from what i can see from their actions should be able to bounce back pretty strongly.

My 25p slice will likely also include a smallish pot for 'punts' on interesting AIM shares, similar to how i first started in GGP.

Napthman - As I said in my first post. GGP was far too big a part of my portfolio.

After a couple of disastrous plays, SXX being one of them, i now have very strict rules about the percentage of my portfolio that i hold in a single share.

I've made a big gain at 15p so GGP is well over my top % threshold. I've sliced off 20% of my holding, and distributed it around into a number of shares which have had divis suspended. These are all shares that i like, that are wildly undervalued, and when divis return will give me a solid portfolio.

If the divis return at anywhere close to their old levels I will get a divi of over 10% of my average purchase price, and a solid capital gain too.

It may not return as well as GGP in the short term, but for my risk tolerances that's ok