Member Info for jamesmaggs

Fair comment, i think those teg seem okay as a stand alone,havent got too excited about them as theres no yield but the area they do business in is growth for sure,had some augean also a while back but not holding presently,hopefully costain will shrug off the current malaise and get back to drifting up the odd penny here and there soon....

I agree,learnt the hard way on patience,okay with these as to be honest i only have afew and missed a couple of opportunities for tasty top ups but the small yield helps my staying power discipline. The concept of averaging up is one i,ve recently employed with my centrica and the idea of getting aboard on the rise as opposed to on the dip hoping for a bounce is a good idea too,maybe i should have some more of these...........

The respect,s mutual mate! Off-topic,dont think costain are looking at acquiring teg now they,ve decided to prop up the pension deficit?

If i,m honest,the technicals go over my head a bit but i respect your analysis and it certainly seems to be a different way than my chuck money at it if it looks interesting approach! No seriously,i tend to investigate debts owing,turnover,cash in bank,yield and frequency of payments first but i,m interested in some of the technicals and was reading the weekend ft a couple of weeks ago and someone was going on about cup and saucer things and they were right,nothings defo but its a level of reassurance prior to commiting funds that i,d never considered before reading your posts. It seems to be bearing fruit here and on SQS recently,james

Thats quite an analysis and seems to hit the spot with this swimming against todays tide,quite reassuring.....did you look at those pmk,s by the way?

I,m just going to stick this one out and in the unlikely event they go mid-late 20,s i,ll top up. The ft guy at the weekend didnt do us any favours here,trashing the company for its pension deficit but i still maintain the fundamentals are good and at least they are making provisions for the pension and i think they closed the final salary scheme which though not good for the employees,is probably better for the company moving forward.

On pay day you can have the divi in the form of shares as opposed to income and its a way of increasing your holding slowly over time without paying charges to buy more. I dont personally as i prefer the income and dont like odd numbers of shares but there are tax implications,marginally here and when i last asked my accountant the explanation went over my head,except that i now have the extra shares in my share isa account and income from other account,which may not be the best way to do it but that was my preference. Share prices tend to drop by the amount of the divi when they go ex-,so if you go for the additionals,theoretically you,re not paying over the odds? If i,ve got that wrong,please let me know,cheers

Getting back into the 100 would give us a boost in S.P. as well as security of guaranteed institutional buyers and if they get back onto the MSCI,then who knows where the next resistance will be,nearer a fiver in my opinion. Sugar prices are on a 28 year high due to bad harvests etc and i guess this lot have got plenty stock-piled. I, m very comfortable with my holding here as the yield is superb for a safe company.

You too mate,by the way i posted you on PMK as i,ve got a holding there and you,re having a look!? Catch up next week,have a good one too jellyboy! james

All that movement on 2 trades?

Thanks chaps for the positive vibes here,had pretty much forgotton about mine,hope they now move forwards again,good luck and have a good "3 days off"!!!

Welcome aboard,have had these for a while,not a big holding but a likeable stock with a small div, glad to hear the charts are favouring us riddler,as they have been doing so on SQS, recently!

Okay!

P.S. Welcome aboard that one by the way and apologies for not posting on bluestar as i dont think i,ve ever posted there and dont "know " anyone as it were!

Not in a big way,just about 500 quids worth,but they are locked away in my investment account as they pay a small divi, no interim from memory but the final was about 2% i think,based in china, 4x more cash than debts,if the accounts to be believed..... on those solar things i was in but not currently,used to be an 80p-just over a pound type of share but for no particular reason didnt get in this time and if the charts arnt good,wont bother

I tell you what mate,your charts thing is certainly working on these! Jellyboy,i got out of jpr on the bell this morning,went for a quick profit again but darent tell anyone on that site in case they have a go again!!!!

As far as my brokers concerned,they werent expected to get the renewal anyway,so these are cheap,hope so as i,ve just bought some more. I cant remember if it was Questor or a recent weekend ft recommendation,but i,d be surprised if these are anywhere near this low in a few weeks(and p....ed off),time will tell.....................

Its always a bit of both,but my general rule is to hold or tweak the dividend stocks and gamble the rest. I,ve never had much success with pharms except glaxo which i,ve been holding since a tenner and happy to wait for the divs,my only other major play was skyepharma last year and i took a hit on them. Just bought 5k of CMS which are at their low end and although the yield has been varied its always been paid and currently a mouth-watering 13%, which means if they maintain it,they,ll be bought and paid for in less than a decade,otherwise if they went up a bit i might cash in early! I,m reluctant on anything without a yield or the promise of one but there are exceptions like riddlers TEG which i had a few this week. I used to gamble on lots of tiny companies that can go up 30% in a day but they also go down as much the next day and the spreads invariably a killer and mixed success but rarely touch them these days as you have to watch all the time and too many delist or go bust for my liking!

As i said to riddler, pretty much the same strategy as you here,i must admit its quite refreshing to have these options in a profit making company where you dont have to worry about covenant breaches,getting delisted and all the nasties that mean you are just gambling rather than as here, investing and perhaps playing around with a few on the side which is what i,m doing, compared to say, my jpr dealings which have been profitable but scary at times recently!

Thanks for your technicals here, definately a hold for me and target top up mid 20,s if that happens