Member Info for driftking27

Happy New year to you, and hope your good decision making continues... I have parked some of proceeds into more MYI, great fund offering global investments and good dividend ( above normal ) and trades at roughly 4% to NAV. Last time it did was back in 2008, which shows something... I have also bought some JEMI another investment trust similar to MYI but more biased to US, which I believe to be a good decision due to them having the strongest economy, but more risk with that collossal deficit to overcome... My email is auzscottgoldie@gmail.com if you want to continue the share conversation in more depth. My heaviest holdings now are MYI, ULVR, DGE, GHSBC, MUT and GS near 10-12%. I have started to dabble in property and have 1 flat, and working on a 1910 victorian house atm.

I have checked morningstar site and has NAV sp at 46.25p to current sp of 48.75p so that means its a premium of 5.42%.

Some dude needs some help! Someone has bought 11 and then bought another 1 share today!! Is this algirithom? 15:58:04 80.50 11 £8.86

Bought 1277 At 774p today on my already 1600 at 721p from 5years ago or so. Hope bank results this week in US give markets a bit of confidence...

Bought £4840 worth today, along with 1284 MYI

Ta. Bought 5000 today...

Who wouldn't in this environment with oil majors earnings down nearly 70% in 12mths...

I hear Canadian oil has hit $20 a barrel. GS did say 'OIL' would hit $20, but never said what type...WTI or Brent. I also read Chevron will possibly raising the dividend by 5%, something that XOM might do as well if RDS get the BG! I just question the 4% premium on this stock. Can anyone argue this point?

We believe that historical charts and data can be put out the window as we are living in a totally different environment. We are living in a bubble made from the free money that the fed and EU have pumped into the economies, all based on zero percent interest rates. Historically over the last 6yrs companies who have struggled have cut or suspended dividends, like BP had to do and BLT will possible be doing this year. RDSB need to shore up there balance sheet and not throw good money away. I'd rather see them cut the dividend and forget the BG deal. 'If you haven't got the money don't buy!'. There is a bit of greed in this deal so that they can compete with XOM. Look at US oil companies, don't see them paying out juicy dividends. Average dividend for US peers XOM(3.91%), CVX(5.21%), COP(6.8%) is 5.3%. COP are looking to raise dividend in 2016!!

I just have been looking at prices of oil, and see the Canadian oil is trading just below $20 a barrel as of Friday 8th Jan. Wonder if this is the price target GS was GS never stated in their note to clients I can remember if it were WTI or Brent oil? http://www.cbc.ca/m/touch/business/story/1.3391383 GS are good at playing games with the stockmarkets and were found out in 2009. Oil can't just drop like it has, or Jim Rodgers commodity expert is right in saying that markets are rigged.

An investor I was talking to made this analogy on WTB. WTB has changed and they sold there brewery business awhile ago as 'they thought that they wanted to start a coffee trend in small outlets. That forward thinking is good, but only for so long as the market is saturated in coffee shops everywhere you look. Competition is mad. What the management has done is bet that the future is small hotel rooms with all the latest tech gadgets. But trend says that people don't go to small hotel rooms to sit in and watch tv or use wifi. They venture out and see what's out in city/town. So, why are tracker funds hiking this all way up to over 5400p, only for in recent times to fall back down to a low of 4300p or so. This is a view of someone else and I believe he has hit the nail on the head, that WTB should have sold half their brewery assets and not all.. WTB now needs an innovative idea to get the growth back to near double digits not 5% on a 4000p stock or so. You would be better going to ULVR and you get a better dividend at 3.25% ( double )...food aint going to disappear, hotels / coffee trend might...lol

I'd say mm probably selling the stock as stockprices can't keep going up. MM have to make money, and I believe it was maybe funds reducing holding.

I hold DGE, ULVR, WTB & GNK in the food & lesiure space. I sold half my ULVR in 2010 and bought some WTB that year, and what a gain iv made in a growing trend... The UK coffee market I last heard in a programme I watched is worth close to £7.8bn and features 20,500 coffee shops or so they said. They also mentioned that due to high streets having problems with filling the shops, smaller coffee shops are opening up in these and expect to see 30,000 by 2025. Blimey, Costa better be listening, don't want to be left behind in new ideas. I'd say the reason for the fall SP has been due to the fact WTB doesn't have a high dividend yield and so would be more volatile, and also I'd say Starbucks has a lower P/E to WTB for an out n out coffee franchise. Can't complain...

Looks like I proved my broker wrong with RR. with an investment... So pleased so far. Bought £5000 at 478p, though did buy £1900 RR. at roughly same time 920p. Think with the world of wars brewing up even more BA. are going to benefit in a bad way of supplying ammunition to far east. Though have invested in IMT in 2009, and did handsomely having sold over xmas/new year, and sitting now waiting on possibily buying an IT which should be less volatile... ATB

Just a heads up. RDSA has dutch foreign tax applied to dividends which I believe is 15%. Unless you are a foreigner, UK tax payers don't buy that, unless you believe the RDSA will outperform the RDSB stock. http://www.shell.com/investors/share-price-information/difference-between-a-and-b-shares.html http://www.fool.co.uk/investing/2015/11/24/why-royal-dutch-shell-plc-offers-20-returns-in-2016/

BRCI at a 4% premium to NAV. Shows two things that possibly no dividend is safe, and also that the team are working hard this month. Still watching here until 3rd or 4th week in Jan. Reuters did also repprt that miners / oil companies less likely to cut dividends due to them being able to take on more debt in lower interest environments. MYI has fallen to levels that I once saw back in 2009. Will be getting onboard very soon as its gone ex-divdend (-10.5p), and making it heavyweight around 8%. Did notice that there holdings have changed and BHP&RIO have dropped down the top 10: As of 31/11/15 Exxon Mobil Corporation6.1 First Quantum Minerals Ltd.5.4 Rio Tinto Plc5.3 BHP Billiton Plc5.3 Chevron Corp5.2 Royal Dutch Shell Plc4.9 Conocophillips4.8 Enbridge Income Fund Holdings Inc4.6 Statoil4.2 BP Plc4.0

CYN represent a massive discount to NAV of 16% I see atm. I ask, why would someone buy BRCI at a 4% premium to NAV, when they can here at a discount to NaV and less likely of a bigger dividend cut than BRCI... Still watching here until 3rd or 4th week in Jan. Reuters did also repprt that miners / oil companies less likely to cut dividends due to them being able to take on more debt in lower interest environments. MYI has fallen to levels that I once saw back in 2009. Will be getting onboard very soon as its gone ex-divdend (-10p)

1st default of '16 goes to Puerto Rico yesterday and today is Ukraine to Russia.

First default of 2016...Puerto Rico to someone and Ukraine to Russia...

Hi Kula, Thanks for that. I'm planning on buying more MYI (780p at least), STS, CYN or BRCI, and PLI. Forgot to also mention we have the BREXIT issue looming and Grexit...