Member Info for Gavster-NBC

Cheers Mojo.
Been sifting through and the effect on the FTSE cis visible, if not on the day then in the days leading up to witching.
Volatility can certainly be true about Aim and now the FTSE. The casino is here and IMO not sure how the effects can get tamed, just more and more volatile.
Larger cap company's SP often change by more than their annual yield in a day. For example RDS yesterday was down almost 5% at one point.
I've always thought fundamentals ultimately will win through, so I leave well alone the madness I see going on in Crypto / share issues / shares with paid ramping etc etc.
Cheers and GL.
Going to be gardening all day.

Thanks mojo.
I'm reading up on it now, then research some examples.
So in a nut shell, yesterday's drop was the regular quad witching, which sparked a profit taking correction and became exaggerated, in part due to the masses, the Robin Hood crew, and also investors like myself, the many attracted to profiteering from the pandemic dip via stocks commodities etc.
From your answer, the implications are that the market will recover quickly, and whatever the overall trend was will resume.
In that respect, it's simply another time to batten down and do something else, but if there is the time to trade, then it's an opportunity.

Hi Mojo.
You were absolutely spot on about Quad Witching. I think you mentioned it two weeks ago.

https://www.marketwatch.com/story/dow-poised-to-skid-lower-to-end-fed-week-mark-5th-straight-drop-11624017361
https://forextv.com/market-news/market-snapshot-dow-sinks-about-500-points-on-quad-witching-friday-as-investors-focus-on-bullards-hawkish-comments/

The market got proper clobbered yesterday and I held through with the notion that there was no great reason for the market to go down greatly, even with a profit taking correction. Wrong. BP & RDSB among loads of others are down 2% to 4%.
Quad witching is something I have vaguely heard about, saw it mentioned and never really paid any attention to it until now, unfortunately in hindsight. From now on I will !

All this witching is in my look up and reading list this week.

When is the next and how often are Quad Witching days ?
Does the market usually recover quickly from a Witching bashing ?
Are there others like Triple Witching days to be aware that can be just as brutal ?

The drop from 330 to 319 means our holdings will increase by 1.16% instead of 1.12% with dividend reinvestment.
BP spending £400m on solar energy in Spain (at a return of 8%) means an added EPS of 0.16p.
Happy Days..
Brent is now in its 17th day over £50 at over £52.
To coin a classic ramper phrase, it really is time to "Buy The Dip!"

Until Looney raises the dividend, so it will be.
The pressure is mounting on him, over 2 weeks with Brent over £50.
It's 2021 and no longer 2020, the time for resilient dividends due to oil prices of $45.
Today's Brent price is over £53 ! The last time that happened was July 2019 and the SP was a "Resilient" 540p !
I hope BP and Looney are getting pressured by messages/emails/articlles/posts/mentions putting across the issue raise the dividend with Q2 results.

Hi adv1
Just looked at Chelverton. Which fund ?
Smaller market caps size cane be more nimble.
SDV Yield shows as 4%. Capital growth definitely better than HHI though.

Hi Russon.
Not sure what you mean by "Janus is using this share to dump dog trusts from elsewhere just to increase assets under management.".. Could you explain in laymans terms ?

The chart since 2012 shows growth of 50% (Far better than the FTSE) and with the Dividends a return of around 8p a year that's another 50%. Not the most exiting investment in the world but it's decent return and decent yield.

3rd August.
Second Quarter Results and Dividend Announcement.
https://www.bp.com/en/global/corporate/investors/information-for-shareholders/financial-calendar.html

Hi Stocky Ready.
The shares you buy are basically the same as buying units of the trust fund.
Cheers

Hi Stockready1.
Apologies for off topic away from BP. Noting your trust fund investment enquiry.
An easy way I invest in funds for my SIPP, ISA and trading a/c is to buy shares in them.
There is a list here :
https://www.dividenddata.co.uk/investment-trust-dividend-yields.py?&sort=yield&order=1
I like funds that pay dividends each quarter for reinvesting though I have bought some leading up to large annual dividends to trade or invest as well.
I'm currently in a few including Henderson's HHI & HFEL, high yielding AEWU, BLP and appealing to my ethical investing, a solar power income trust fund BSIF. All listed on LSE.
Cheers and GL

Hi SD235. I'm similarly happy with HHI, reinvesting the dividends too.
I also bought HEFL, another Henderson trust during a dip and am similarly pleased.
Keeping an eye on the SP here. After next div, 190 could prove to be resistance and a point to trade a position unless the quarterly divs increase.

Hi Adv11
Great news indeed. It's amazing how these big companies think it's OK to contest rent, one of the basic contracted costs.
Another dividend declaration in 5/6 weeks.
If there is a good run up to near 100p or over I may trade as I did before, or just hold through, depending on market conditions/if I'm on holiday etc etc...

Great day yesterday !
Despite Looney's pathetic director buy. It's all about Brent. 335p, the magic number from elementary ADR US$ charting for a proper breakout proved to be the resistance.
$28.56 was the highest price the ADR reached 8th June 2020. That's a 337p share price today. (was 376p June 2020 but BP trades and accounts in US$)
7th day for Brent over £51, 337 got to be reached sooner than later. Glad to be losing the Friday competition.

Not sure if the below link will work but doing a comparison 6 month chart shows RDSB up by 0.7%, BP up by 17.8%.
Is this the effect of the court case, not keeping up with the green rhetoric by BP, adjusting due to a lower yield than BP, or just a massive buy signal ? IMO I favour some of all three, but I have gone overweight into RDSB the last week or two as surely this will spike as before to 1500 on route to post-pandemic, which I plan to trade.
Used https://finance.yahoo.com/
BP.L and RDSB.L

https://finance.yahoo.com/chart/BP.L#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--

Gavster-NBC 324
Mojo7865 309p
Reenix 319p
Bp or not 2b 328p
Stockready1 329p
Android 330p
45Bob 332p
Bugerov 333p
Share-be-alright. 335p
TangoFoxtrot 336p
Spights £3.40
Seedpod 343p

IMO The lack of conviction by Looney to increase the dividend means that only the buyback is left to provide growth, which basically it doesn't. It puts a magnet on 324p.

Still here Gareth. But as you know I'm almost fully top sliced. That said I still have a target price of 750 written on my portfolio spreadsheet, but the way Evraz likes their dividends is reason to keep.
The commodity prices are still high and IMO after the bullish interim divi announcement the scheduled dividend end of summer will be very healthy, should be a big % increase on last year.

Nicely up today on price but volume still small. Leaks of some progress going into the AGM perhaps.
There is also this investor event https://melloevents.com/mellomonday-21st-june/
Well no declaration on those big trades, so they were traded by a holder technically not already a large holder, or these trades did not affect their overall holding over a 3% threshold. No declaration of buyback either. The mysteries of Aim shares.

Zac04.
Move the share price upwards or downwards and obviously it would NOT be the same, due to the £250m being spent on a less or more number of shares. There is nothing "Of course" about it. Take a calculator and see for yourself.
A very strange comment to make .

A crazy active exciting day here.. Two Trades, Two price monitoring extensions...

Hi Share-be-alright.
I was quite surprised how the shareholder value of buyback and dividend were about the same at 323.
I still think Looney will feel pressure to hike the dividend, as to get the SP back up to 450p through buybacks would require £18billion at todays share prices. See below. How feasible is that ?

Current Market Cap (MC) = £65,408m Shares in issue = 20,238m, An SP of 450p with same MC needs share numbers of 14,535m. That's 5.7 billion less shares ! At todays price a buyback like that would require over £18 billion. The 15p a year we get as dividends (costing £3Billion pa) would then be 21p a year..

In theory, Looney could announce a special interim dividend out of the blue tomorrow (EVR did this recently.
BP are much more traditional and the BOD more cunning at milking the company through buybacks and bonuses. Their quarterly accounting is set in stone. IMO he'll be under pressure from the large pension fund holders who provide income trusts. Also, IMO it may depend on what RDS does. BP I'm sure would dislike it if their closest FTSE rival hiked the dividend. We'll see.