Member Info for Gerry557

86k of shares bought back yesterday. A bit more meaningful than the last almost none existant share buyback.

Was this a one off or a move towards something more meaningful.

Not looking like anymore. Its finished below the placing. I'm not sure if that's due to a rotation into others stocks as Mr Market has been generous this week.

Paul. Im not sure why you want the dividend in the Bed account. I would assume dividends paid would be better in the tax shelter?

Personally I wouldn't like to be out of the market for 4 days hoping it would end up in my favour. Can you not sell and rebuy at the same time to minimise any differential. Trading costs should be minimal but you cant get around the stamp either way.

You could consider selling pre ex dividend and rebuying in the tax shelter post ex dividend hoping that the drop due to ex divi covers the difference but that cant be guaranteed.

There are worse problems to have. I assume you are keeping the tax sheltered dividends inside the shelter so could use some of them to repurchase some of the same shares outside the shelter. Again I dont know your personal circumstances but you might have some leeway with the £2k dividend allowances. The only other consideration is moving non dividend shares out of the tax shelter for dividend paying and using the CGT allowance to eventually get them back inside. Than might minimise tax on dividends but you would have to check if you can gain anything from this.

It might be worth asking on the Lemon fool website rather than every share

This is looking like it might drop below the placing price sgain

Hi ade2a.

Yes I can see that they have been sold. Unfortunately I don't know when they were bought so its a little difficult to determine what is actually happening from my point of view.

Yes the overall return has been poor, partly why I joined, hopefull that there would be a turnaround and things would improve. You could always ask the question to Henderson.

I'm not sure the ship has been steadied just yet or if its almost there. Managment seem to think investors are happy with the high yield assuming the SP is steady. This leads me to think that the SP won't be going too far in the near future.

I'm minded to ride this out a bit more to see some improvements but you can sell up and move into aaif or soi.

Out of interest did they sell RIO and bhp for more than they paid?

There seems to be a theme at the moment with REITs swapping into one type of holdings rather than a mix of holdings. So some are selling offices whilst another buys just offices. Both cant be right.

Unless moving the chairs about is seen to be doing something.

Paul. Mr Market threw a hissy fit on the "bad news"

Like you said an over reaction. Anyone listening will already know to expect mutations at least every 3 months. Now this is being touted as good news as it spreads faster and likely to become the dominate strain and by all accounts is mild. Bye Delta!

Generally its best to ignore the noise and just carry on and use these dips to add something when you can. Remember the mantra "Its time in the market not timing the market. Still some people are lucky and can make it work.

The shares are showing in the account but no notification or update. I did get all the extra I requested so just need to sort my other holding at some point but have a divi to fall back on whilst I wait.

Im not sure about underpaid and unappreciated. Maybe you have worked there so speak from experience although most people say they are underpaid and unappreciated even the one on yachts. I suppose I could ask the question next time I'm communicating with them.

The monthly fact sheet 31/1021 shows 3.5%. The RNS 3.61%

This implies more added assuming a stable base line, which is almost not correct

Factsheet NAV (cum income) 293.6p NAV (ex income) 291.5p

Hendersons website puts Estimated NAV 296.35p As of 01/12/2021

Looks like they are following this thread lol.

Rns says they have bought VinaCapital Vietnam. Thought they had some already so maybe they have added more.

Is VinaCapital Vietnam the same as VOF?

If it is then according to HL its on 20% discount with 2% yield. Worryingly it has over 7% charges. I half expected a move into dividend paying financials. Will have to look back at previous holding to compare changes.

Fag packet look, £43M for RIO and BHP so 9% of holdings 31st July holdings.

As I dont follow those too shares did either announce a reduction in dividends.

A quick skeg of usual financial information providers shows lots of mixed messages. HL shows them still holding both, trusnets top 10 is blank for names but has percentages. The horses mouth, Henderson, is dated 31st July

Just shows how poor the info can be

ade2a, I think it was you that highlighted a drop in iron ore prices. Add to that the delisting of BHP then you can reasonable assume that their respective SP's might fall. The FTSE trackers all selling BHP etc.

You are right to question how do they replace that income. I suppose it depends on how they replace the shares and what price they managed to sell for. Ive not been keeping track BHP over the last 3m has taken a dip and is recovering. RIO is similar with less of a bounce.

They were expecting other share income to rise approx 15% which should offset some. Is this evidence of washing you were on about?

I think this means there might be more need for the reserve. now why didn't you do that spreadsheet. We might all find it useful. I might look out for the next monthly info sheet due now ish but haven't got anything to compare it with.

I wasnt expecting to get into detail with a fund as I was hoping the managers would be on the ball. I must admit I was expecting a little bit better performance than we have been getting.

Thanks adv11.

I have received my dividend now so far so good. The separate corporate action holding for UKW has disappeared as of this morning but my share count remains the same as pre action.

Hopefully that means the cogs are turning and the account will be updated shortly. Either that or the bean counter is saying in a new yacht somewhere in the south of France!

Having watched the webcast one thing stands out. Annual spending is circ £20M but for the next couple of years its going to be £60M+

Could this extra spending, some to go more green be part of the reason

Spring time is often a good tome to top up. Dont know why it falls each spring. I was tempted to add a few more recently but I keep nagging myself to wait till early next year.

Will check to see how the divi is tomorrow

TimBob, if it keeps falling I might get some more. Added CLI instead today due to the discount to NAV.

This has the better yield and payment schedule so one day I might swap them.

Hi everyone. Just joined you this morning with my first batch of these. Mainly due to the large discount and possibly of it converting to a Reit.

Hopefully I can learn a bit more from experienced heads here as I've only speed read the last couple of reports.

I'm not too clear why this is struggling so much right now. Covid has had an impact but there seems to be something else.

I checked this morning on Iweb still showing as held in separate holding awaiting determination. Strangely the dividend isnt showing either yet Mrs 557 has her divi showing in her Iweb account.

Maybe the bean counters has a day off for Christmas shopping. Ill check again tomorrow.

Q) Why is it the ones you want to buy dont fall as much as you would like
A) Because you chose wisely
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Not always, my carillion holdings are not doing as well as expected!

MikeM14. Interesting take on the uptake of shares. I didnt take up some of my open offer shares but then asked for some extras in another broker. So this should indicate I should get my full wack. Although not showing in the account this morning but wasnt expecting it too.

Im glad your on the ball as I missed that although I was just allowing the process to flow and see what happens. No dividend showing in the accounts, maybe no one to sign the cheque cos they were busy at the meeting

Hi ade2a, You have raised the suspicion of dividend washing. Which could be correct but I haven't looked at it or for it. Im willing to look closer at what has raised suspicion. Which particular sells and buys are you concerned about.