My suggestion is just that. Investors money is safer in your bank, than buying into a rally thst is going to lose steam either November, or January, or when interest rates rise
Thanks..
I have 3 stocks of 33 at 11% ULVR, & two trust funds MYI & MIC, the rest are as I say.
The rest remain around 5% average.
I'd happily bring up GSK to 5%, HSBC 7% and VOD 6.5%
Here's a question for you Sir!
How heavyweight are you holding those 3stocks & GSK? Or as the investment environment is changing are you one who is going to be buying and selling every few months or so?
I currently have HSBC (overweight) 5.5%, RDSB 3% GSK 3% RR 4%
Wondering if you would be topping up at current prices, having got a 1st tranche1225p, 2nd tranche1425p.
Wouldnt mind buying more HSBC making it my biggest overweight stock from 33.
Maybe buy more RDSB later start of 2016 is a dead cert.
Am pondering now to sell IMT from 1750p buy to here.
Views welcome.
...too much going on to even switch on laptop and login to my account!!!
Think I'd actually more persuaded, interested to use to top up my position in HSBC or RDSB.
Regarding the BALL takeover, it will be completed in 1st quarter of 2016.
Deadline by EU commision to ratify the merger is 25th November. So, I think it will be start of 2016 that it should hopefully go through. Though with BALL and REX together it would make them the biggest, thus this would present competition issues. This is why its taking longer...
http://www.streetinsider.com/dr/news.php?id=10735162
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Though I will be a seller as I don't want to hold BALL stock.
Am intrigued to know whether I should ( Iv made up my mind ), if I should move from 200+% gain in IMT to BATS? Looks a better defensive play on future markets... Plus 17.6% higher dividend as well at current prices (3540P & 3640P). IMT with higher P/E of 23 to 21.4 6+3 BATS.
IMT is now overpriced on eps basis26 Sep 2015 19:46
This is looking like a good time to sell and move to RDSB, no matter if RDSB dividend were to be cut. Iv gained 200+% in 5+years on this stock.
FTSE trades at average of 15times earings and this has hit the 23.4times earnings atm. 3.4% dividend at present compared to a 7.9% going a possible 6% future dividend at RDSB is a dead cert guaranttee.