Member Info for Gerry557

Still not sure why it fell further but its flirting back to the placing price. It even went above intra day.

I think Im only watching this as it dropped from the discount price in the first place and that I have just bought a chunk. I think its phycological wanting to see a rise just after you buy. Im really just after growing dividends, either by increased dividend amounts and or adding more shares.

Should give up and just look at dividend payment days not daily prices

Well buying the good side of the trendline when its so far off would be good then. You might consider selling when it swings back to trend or deviates wildly to the other side of the trend.

I sometimes look as how many years dividends its increased by and if its getting above 5 then its on the sell watch list. I also like to buy when its fallen below 200 day average

You might be better spending a few quid on professional advice rather than asking online. Whilst most people are well intentioned, there is little information to be gain in a paragraph to make decent advice.

Tax positions, length of investment horizon, other commitments, future expectations and other financials. DYOR is great but sometimes its better to get sound advice from a specialist, even if you are going to ignore it. The savings might amount to more than the cost of the advice.

Well I suppose the usual suspects really. NG. Although there are other utilities. Pnn would have been another recommendation if it didn't have a cash pile to get rid of, so might return it to shareholders. SREI or RGL would be a Reits worth looking into which should get dividends tending towards normal.

Vod, selling towers. Gsk, splitting and reducing dividend next year. Av. Click on any and look at the lists on the same page really. Why not funds or ITs

Well they have said that they will return the surplus to share holders if they cant find another suitable (water) investment. The cash wont be taxed, tax is on profit!

You might find you get half your money back, a 1 for 2 share consolidation or the share price halves.

Regarding the trading statement, I think I covered it in yesterday's post. Can kicked down the road till June

bilboburgler
I'm not sure what you mean about "volatility" Share prices rise and fall. Do you mean you want to buy at a set price that it hasn't yet fallen too.

I was tempted to add more UKW on the recent fall into the 125s but TRIG was a smaller holding in my PF and was being added too at the time. Both quite similar so didnt feel the need to add both. This also pays out on my lower paying months of the PF so evens up the income round and balance of holding somewhat.

Divi due tomorrow to add a cherry on top.

Well they will say something tomorrow. I'm not sure what. I suppose the big question is what are they going to do with all that cash? Buy summat, give it back to me or just pay off the debt. The latter was low cost ish, so why bother. The middle bit will end up as another whinge fest. "your just giving me back my own money" and buying something has been kept very quiet, as it should be!

I suspect its quiet cos they are struggling to find an agreement. If its that good why sell unless someone is overpaying for it! We dont want that. You would have thought that something would have been lined up before selling.

Finally a buyback, I dont really like that idea either. They might be good at running a water company but how good are they at investment management. Usually poorly in my experience. Still they could come out all trash talk tomorrow, drive the SP down, then buyback.

Whilst Id be up for that I dont think it will happen, are there rules against it!

Checked my account and now have the shares I asked for including the extra ones. This was as expected since no scale back was announced.

Looking at the current price, its come back a bit so now only penny down. Still not sure why it dropped. I would have thought if the underwriters were left holding larger parts that they got at a discount, they might sell at cost to recoup some funds.

I don't think they were allowed a discount though.

Yep that's likely to keep a lid on things. I wasn't expecting to be down so much on some shares I've not even got my hands on yet. Its getting close to the annual dividend.

Just need the market to drop now and drag it down even further.

Yep that a bit embarrassing, I wonder what's caused the drop? I suspect the placing uptake might not be as successful as hoped. I will have a look later. I'm hoping I didn't get my extra allocation now so I can buy a bit cheaper.

I wonder if the backers are left holding the baby

Unfortunately this mornings presentation is not open to private investors. Pity I like to hear comment from the horses mouth so to speak. I also like that sometimes a question gets asked about something I might have missed.

Apart from that the results are as expected with rent collections ongoing and a transit towards more office space. looking at the market reaction, up a tad in a slightly falling market.

Im not sure not having access to the app and a bit of tinternet would really stop me from shopping. Convenience, price are likely bigger drivers. Im not even sure how much the app would save me. Tesco has some club card holder only prices too or dont you shop there either.

Maybe you can explain how much better the other shops apps are?

Back to the share price, disappointed that it has risen as I was hoping I might get some more at 170p

Up over 13% at one stage today on little or no news from what I can see. Closing +10%.

Its done this a few times in the past few months looking back. Cant remember a reason for those jumps either. Last traunch indicating a sell now but I will hang on hoping that the dividend recovers in time. Car parks should reopen soon and retail will rise or fold.

"Corporation Tax climbing to 25%. That will certainly dent profits"

No it won't dent profits. It will mean more tax on those profits, so extra cash going out so less to invest or pay dividends. There might be more accounting to offset profits one way or another and the bean counters will be looking at the details.

The investment super deduction might also help them too.

I think the dividend overall reduction, possible windfall tax and recent market movements have hit this slightly more than expected. If you want to add more, falling out of the index and the trackers selling might be a blessing in disguise.

I suspect as covid becomes a non issue things will improve due to less costs and being able to bring back a special. Windfall tax will be a know unknown later to day

D27

Unfortunately I have not been as attentive with the markets recently and missed most of your posts.

Wasn't it just shy of the target you mention at the end of last month or are you saying it has still to breach this line. Out of interest what or where did this line come from.

Looks like your call is holding up. I have noticed the market seems to dip post Xmas high and in summer but dates don't alway match up. I have been trying to "expect" them and add to the PF at those times. Partly why I have added now. More in summer then?

I think the writing has been on the wall since the start of this next round announcement and now as expected divi rises will be limited even more by the change in inflation measure. There has been an effort by all regulatory bodies to stunt various aspects skewing the risk reward ratios.

We all want cheaper bills, constant access to utilities and for investment into better services but it has to be paid for and the loanee wants a return in higher dividends

I'm not advocating selling but was reluctant to top up in the dip.

I suppose it credit agencies and debt that will decide where this goes now

TheThinker "as a long hold safety stock which would also give a dividend."

What has changed apart from you paying a high ish price. It still pays a regular dividend and doesn't look like its gone high risk or about to fold soon.

Yes margins have stalled and the board have forecast that things might not improve much next year so that high price has fallen back somewhat. Even now I think its "expensive" relative to some. As for cleaning sales, I suspect it offset by lack of ice creams.

As for "You'd expect both of these to be outperforming expectations but both shares offering very poor yield." Why would you expect ULVR to be outperforming expectations? As for poor yield you should have a running yield around 3.2% which isnt bad and has risen since you bought. You were happy to buy at that lower yield!

If you were happy to pay £46 why not £38? Unless it a lot different animal to Oct 19. Hopefully the divi will keep on rising slowly over time and its that scenario that makes it a winner. The share price should hopefully recover too assuming that this is a slight slowdown rather than a serious downturn in operations.

If you want high yield there are other shares (I have some of those too) but you wont get the SP growth and often the divis dont rise much. NG. more to your liking?

Showing as 4106 this morning, maybe it's that getting out of bed on a Monday thing website.

Whilst I expected a small rise after last weeks events, even if it then returnes to its down trend in a couple of days, I suspect its gremlins or poor design.