Member Info for Gerry557

Sell in May or is it Sell because of May? Maybe I should have been less quick in my buy as my Limit order would have kicked in today anyway and given me a tint bit more. Still the falls keep pushing up up the yield. Now where should I place my next Limit or should I look for something else. 1320 ish?

Double ouch! OHSEE, have you considered selling up pre ex divi and rebuying post thereby missing the income payment. It might work out cheaper even with dealing costs. If not I cant really think of anything else to suggest except to thank you on behalf of the tax payers. Makes me appreciate our annual ISA entitlement that bit more.

Mr Ziff handing over some shares to the kids Save on the old IHT bill a tad and still keep it within the family

The £5k tax free dividend that was going to be reduced to £2k is now not happening, well not for a while anyway. This and a number of other things have been dropped so progression can be made for the election. I suspect that this will be looked at again in the future along with all the others so its more of a reprieve than a total U turn. Triple lock on pensions also seems to be disappearing, maybe they dont want to be shackled too much and have freedom to move with events. Still I'd be using the ISA's where I could, a lot more cajoling if anyone started messing with those although they seem generous especially with another £5k free also. I wonder if they might be deflated over time. Country still needs to pay down its debt one way or another .............. I would prefer that you paid it, or anyone else for that matter, than me but I suspect most will be saying the same.

Midway,maybe the toon can find the money to pay the tax bill! Magic Mikes warehouse supplier going into administration just to add to his woes lets hope debs doesnt hurt him too much either. Must be great for traders down here right now

A58 - Can I change my answer now its dipped below a round number. Had a limit order set but under cooked it as I didnt want to miss out just in case things took a turn for the better

danieth, It looks like all that bleating about the tax free divi income reduction has paid err ..... dividends! Its been dropped along with numerous others. Next time I'm going to ignore the budget until months later. Now you can save all those dealing fees and invest it in more wine.

OHSEE, There were various options that the BOD could have taken with the cash, reduce debt, buy summat else, special divi, buyback or just keep it for everyday expense. Everyone will have their own preferred option. At least is not all going on a buyback! "I contend that this special payment does not adequately compensate shareholders for loss of future divi income" Technically the divi should be stronger post deal as the remaining company will be overall stronger as they are selling a weaker bit. They might not be able to raise the divi without the deal as it was acting as a drag. You have the option to buy more with you cash ..... if you want too. OK tax, and dealing costs might work against you but would you rather they didnt sell the weaker bits? I suspect many do the same with their share PF, selling weaker shares and buying ones with better options.

Its not a "super dividend" and your going to gets loads of people on these bb's bleating that they didnt get something for nothing and that its Vodafone all over again. You have to see it as they are giving you some of your own money back and will be left with a smaller company. The SP should fall by the "return of your cash dividend" but they want to keep the SP the same so will consolidate the amount of shares so there will be less shares overall. Basically they are force selling your shares and you will have to buy them back if you want to remain in the same position as you are now unless your happy with a smaller company and mix of cash. The "super dividend" was on the gain when it was announced as the SP rose and post deal the company should be slightly stronger going forward. You had to be in at the time of the announcement to realise the main gain. Companies dont do give giveaways to those who were not shareholders at the time hence all the vodafone complaints about not being better off after buying in for the "massive dividend" Can you imagine what shareholders would say if anyone could just join in later and get the benefits of the previous shareholders investments? Ignore the media and look at the facts

arsenal58, thanks for your insight. My concerns would be if there was a breakout pushing the SP permanently highter and losing my divi's (maybe unlikely after recent news) or the SP falling leaving me with "expensive" shares and a smallish divi Im not trying to knock your strategy (does that mean I am?) but that is x4 50p's in nearly a year not a fiver in three months but if your happy that is all that matters and if you can make it work great. Comparing that with 90p in divi's for doing nowt. Hopefully you are making hay now and growing that differential, I'm not sure I could make it work. Each has risks and maybe my 90p might get curtailed depending on how the caps are installed.

Yep one day of lowish buy backs make up for all the over 1500 buys. Now if only they had paid me that Special I could have bought all of them lower!

No is the simple answer but I might have had a few yesterday if I want travelling back just needed a down day today really but there will be more occasions. Might need to see some detail on the political interference, hopefully Mrs May's idea will be a bit cleverer than a freeze at the top but you can never never underestimate the ability of politicians to snatch a defeat out of the jaws of victory. Lets hope the media create a storm and drive the SP back down until the real details come out. I want cheaper lecky and bigger divis

danieth, I did find the mail article and I think he was cutting his nose off to spite his face but mute point now with events taking over anyway. Lord A had you covered but even in the event things were going to remain as planned I think he was worrying over the wrong things. As for Bed n ISA, its a one of cost compared to years of paying tax, not withstanding anyone's personal circumstances. OK if your planning to drink yourself to death by 67 IHT planning might be a better route. A new government soon and a new budget whoever gets in. Therefor I expect tax changes and expect that there will be winners and loosers cos someone's got to pay for all those hard drinking pensioners

My opinion is not necessarily different but as I am looking to add over time I'm more sanguine about the price dropping. If it low add if its high collect the divi!

Bags unpacked and washing on the go but it looks like yesterday was the time to be adding a few shares but not Tesco. Im glad your upbeat Firwood, although I would be interested in your version of "shortly" My view is less optimistic, maybe it needs to spend and change just to survive but SB was talking growth. Hopefully he knows better than I and it works out better than my own expectations. I'm still not sold on trading just yet. Midway, no idea what Magic Mike is up too maybe he just has too much money/sense and has done well out of retailing so wants to take over the retailing world rather than the whole world .... does he have a white cat?

off doing his shopping in the states. Does that mean he going to forget Debs or is just going to wait until they too go into administration. As for new strategies, sounds like football clubs who say the previous £60M striker is now rubbish and should be sold to buy another even more expensive striker that the new management like more. At least all the measuring metrics should show if the new strategy trial is working or if a new new strategy is needed. Still its going to keep shop designers and outfitters in buisness over the next couple of years. Mrs G also moaning about shopping on the phone at debs when trying to find a phase eight dress so maybe SB has a point.

were quite a mixed bag. Profit down, divi held and debt going up, albeit it was down on report. The new strategy has been unveiled and as expected is more about online. Lets hope granny gets a smart phone for her birthday! Still they have to do something even if its running to stand still and maybe measuring all those metrics will allow them to shift the spend into areas that do make an improvement. Warehouses to go although its not a job cutting exercise so most will be moved to customer facing roles. Truckers doing nails come to mind but I'm sure it will pan out better. Tried shopping at debs on my phone, hopefully it will be improved, as I struggled even though I prefer shopping online. I also dont do social shopping even if its what girls do, normally a gang of mates getting together is done in a pub! Then again I'm not what you would call a typical Debs shopper and its more about who will be the next generation and the trends of how they shop. 10 stores closing? I wonder which ones or for that matter which is the non profit making? A couple of outlets to flog off old stock, might reduce wastage added to tighter stock control and improved delivery times and if all else fails you can get it on amazon. SP hit for six but had ridden up in anticipation but I missed the chance to buy in at the under 52's again. Queeny you will make a trader out of me yet!

Ship try putting Sergio Bucher has not taken the chief executive officer job to just tinker with the current strategy, in our view. into a well known browser and linking from there. It should get you in Dont expect much until the update. Lets hope Can doesn't follow the American, who put his motorhome in cruise and went back to make some dinner. On crashing on the motorway, or freeway as they say he sue'd and won! the case as the instructions didn't tell him not to do that. Do guns say dont shoot yourself in the head in the instructions ..... I bet they do over there. Suppose thats why we have packets of nuts with warnings that it may contain nuts! Anyway off to see if I can get some common sense via online shopping at Debs, happy holidays

"Are danieth & Gerry behind the rise with some insider dealing. Lol." Well a rise is the wrong way for me, I want a fall to buy more ................. maybe I should be outsider dealing

LordAdam, Thanks for correcting me on joint accounts, Im glad they got rid of that issue. Must remember if I accidentally bury Mrs G under the patio this weekend to move the joint accounts into my name! After Dans question I had a quick looks at the policies for my brokers and have contacted them for clarification, just in case we have a new patio! I too was wondering if the "mail article" had more to do with probate and the new changes, hence asking to see the link. Might be worth considering moving some ISA into a pension when you older depending on personal circumstance as you get the tax going in and you have £11.5k you can take tax free if your not working. Again I suspect there are rules to limit this plus you still have £2 divi tax free so £27k a couple. Of course tax rates could change and the old fiscal drag might come back added to the tax tinkering, like the divi reduction. Some now have a lot of money sheltered from tax that could be up for grabs by a future government. I wonder if we will get life time allowances ie Max £1m in your ISA