Member Info for Gerry557

Rent bump - tick
Nav bump - tick
divi bump - tick

So this as gone as expected and is now still on a bigish discount and the yield is looking better matching pre pandemic levels. Normally I would expect the SP to rise on the news but other events might put the brakes on.

Im even tempted to add more now I have created a little wiggle room in the PF

Russia might have been better joining NATO, just saying!

I actually find this to be quite funny in the context of things

Im not too sure what caused the SP to spike today, I assume it was Russia related. Unfortunately my spreadsheet already had this down as a sell as it was passed x10 years earnings. The 13+% spike just made it look worse so I sold out completely. I had hoped to be adding some more as the lack of top ups was making this a smaller and smaller percentage of my PF. Maybe if I had averaged up over time I might be still holding. They say run your winners, well I held out long past x5 years income so you cant say it was rushed.

Maybe there will be a chance to rebuy some time later.

I cant remember what the SP was when I said it was too expensive after my first buy but Ive gone against my own advice and added some more today.

Hopefully it will get back to where it once was or Im willing to add a third lot if it falls even further. I like the monthly dividend especially when the markets are choppy. Added some lower yielding TOWN as it on a big discount.

After buying blind last week, today with eyes fully open I have topped up again with another round of shares.

It been a busy day buying and the odd sell. Hopefully things will settle a bit more before I run out of money.

I wont say "it wont be long to the next divi" as it got pulled last time I added (pre covid) just before expecting a large dividend. The plans of mice and men

I added more of these today. Main reasons are, an update due soon which should show another improvement. Im also expecting a bump in the divi. Its also still on a large discount to NAV.

The yield is still quite low but I think it will revert over the next two years to the 5% region. As and when it does the SP should follow.

Ade2a

I'm glad it's cleared things up for you. Unfortunately I don't understand it. I know there is a high turnover and that was shown in the annual report but as I have only been in here a short while I don't know what was done previously.

Like I said, I pay the managers to manage as I don't hold the skillet for the areas. Past history looks good with regards to dividends but I'm aware things can change.

The dip has allowed my average to lower add to that another dividend payout and things are looking much better for me that they were.

Mr Market will also have a say good or bad, who knows what today or even this week will bring. I'd like to think its a long way from Russia but the world is a much more interconnected place now.

After buying "blind" last week I have managed to view the results. They are moving in the right direction but thee are still lots of issues. HBOS springs to mind.

On the divi front, again its much better than it was. Its over 4% if buying now and its progressive. I wont used the term smaller then before as it might trigger some. There is also a buyback, generally im not overly impressed with buybacks as they tend to be done badly (Im looking at you PNN £12 for each £10 share!) and I would rather make my own buyback decisions. Unfortunately the big investors want this so its happening and I can understand why. Currently as Im buying I shouldn't worry too much that they are. Lets hope the price stays low for longer.

I think it looks like the quarterly dividends have bitten the dust, I liked that idea and I suppose it could be reintroduced. I might raise the question but Im not expecting much hope.

I expect the results were covered last week on here so Im sorry Im late to the party. The lloy board is quite active so sometimes it a bit hard to see the wood for the trees.

Nov 21 11.2%
Dec 21 10.9%

May 17 20.8%

Hope it helps

SD235

The fact sheet puts the figure at 14.1% but I don't remember last months figures or previous ones for that matter. I'm not that current or au fait with many of the companies hence allowing the managers to manage for me.

I suspect that political interference or the prospect of might have played a part adding to the usual rotation of stocks that they do. Checking back through previous sheets should provide accurate details but not necessarily the reasons why.

Ade tends to keep more of a watchful eye on this so might know more.

Hi Sufcessex

Yep all fine here slowly adding lloy now and again but not at your rate.

Mr Market only dipped for a day. In fact I think on the week Im up overall which is a bit unexpected when the tanks started rolling.

Lets see what next week brings but at least you can afford bird seed now.

Hi Sufcessex, Id forgotten that you and Buster were still hovering up Lloyds shares faster than a buyback. I must have missed your RNS when you went over the 5% threshold!

Glad you are still around. Jam tomorrow again but at least there is some cream to put it on.

I topped up blind today on market turmoil. I will try and catch up with the update tomorrow or over the weekend hence the blind comment. I have 5 or 6 reporting today and missed them all.

Guessing it missed a bit, dividend not fully restored but some sort of buyback. Ill find out soon.

I assumed the SP fall was more to do with the down market in general but looking at the drop, there must have been some bad news hidden in there somewhere.

Any way I topped up blind and hope to catch up with the report tomorrow or over the weekend. Todays buy might even be in bigger profit depending on which website you use. My spreadsheet links to google which is lower than here.

I suppose events might drag this further like it has with most stocks today.

So did I but not quite as good as you.

Just taking advantage of Mr Market.

Im worried that there might be more to come yet though.

Well I never stayed long enough to get any. The SP is almost back to my original purchase price.

Most likely due to the Ukraine situation sinking all boats. I suppose it could get worse before it gets better but if its a temporary setback could be worth a rebuy

The whole market was down, fearing the worst but now sort of over it and the market is up today. How long for...... Keep an eye on sky news.

There is definitely more to come but I suppose its how far the west will be pushed that will dectate markets.

Last Office gone at a discount. Maybe I need to buy a bit more of my office Reits to counter balance. Both can't be right or can they.

Yes, do you put your head in the lions mouth or the tigers!

I also think its a done deal. Standard Life has been suffering recently and this is likely to help, unless management **** it up.

If I was investing now I know where I prefer to add my money and it would have capitals in its name.

Im also a ii customer so a bit of me is concerned that the service and costs wont be maintained over time. Hopefully there is someone there that can think outside the box and make this work.

I hope they keep the name, ii is a lot easier than the parents mess