Member Info for jamesmaggs

P.s. just stuck my toe into the JARA ones at a fraction over 90, spread was point 4 of a penny and nav 5p higher plus like here no stamp duty lured me in!!
Asked about this one when speaking to the broker and the spread a bit wider but I guess to be expected with low volumes,Christmas Eve and all that!

Hi ade, you’re up early!
Thanks for your thoughts on those.
MYI quite a tight range on SP but I’ve always been put off by that big dip a few years ago,totally subjective view.
The SOI and AAIF ones I’ve held in the past but view as a bit of a duplication of what we have here with a lower yield but I’ve got them on the watchlist.
JARA interests me because it’s very diversified geographically,mix of transport,real estate and infrastructure,not been around long,tight spread, quarterly divs. My only two hesitations are real estate generally quite toppy and the yield itself seems a bit ‘targeted’ but other than that I’m probably going to buy a few if I see them late eighties.

As fellow ‘fundies’ just wondered what your thoughts are on a couple of others and apologies in advance for o/t but I think I’ve exhausted my thoughts on this one….for now!!
Have been adding JUP,JCGI recently,thinking of adding to ALAI on SP weakness,wondering if ASEI is toppy as holding a decent profit currently but holding as div late fives still and I like the constituent largest holdings.
Also looking at JARA as a new one but on the fence.

Looks very interesting mate and still on my list, been too busy adding to these and costain in the non-div fund…..been quite a volatile time of late and the watchlists just get longer!!

First bought these for that penny(almost!) div a few years ago,as we keep seeing there’s plenty of positives building for SP recovery here and taking a long view it’s not beyond the realms of possibilities that they turn it around and go back to rewarding us with future dividends and a somewhat stronger SP!
I might be a bit rose-tinted but the H word (hydrogen) seems to be mentioned a lot which suggests growth as well as recovery,who knows! GLA

Hi ade, the short answer is yes. I think they’re cheap under 3 quid with that yield and the comparison was meant to illustrate that even managed/diversified trusts hit the buffers for whatever reason at times and if sentiment plays a part in the SP I guess you can only really factor in the discount/premium to nav along with proximity to the next exd build up?

Good one sector!! Night all catch up soon.

They do set themselves up for it!!

Hi Nom, I have done in the past as there’s mountains of material at the stables next door but this winter we’re experimenting with ‘layers’ of mixed leaf mulch,cut grass, chicken muck(aka rocket fuel!) and thin layers of soil in some raised beds we made from some old scaff planks on a ‘no dig’ method.
I did the heavy lifting but I’ve left the planting choices to the g/f who’s already drawn plans!
Santa rally cutting it fine this year….way things are going it’ll be a Santa slump!

Reads well and a path to recovery seems to be drawn. GLA

The hardest part is digging it in,I recommend the bulldog fork and bulldog spade duo or just leave a heavy mulch and let the worms do the hard graft. I’m loathe to rotavate these days as it’s total carnage for the worms…having said that letting the hens finish off is definately not worm-friendly!

Heavy clay soil hard work but quite fertile,if you did in enough organic matter like spent straw,hay and even mix a bit of gravel or sharp sand it helps….alternatively just do some raised beds with the good stuff…imo/dyor lol

It’s like snakes and ladders mate….that’s why I like my divs because the others you get lucky now and then but overall it’s painful on the wallet!
Now my big suggestion is that all towns/cities turn over 10% of parks to allotment societies and anyone who wants to have a go is given a free bulldog spade and decent pair or wellies…..when they talk about yields per acre and needing nasty chemicals….compare the amount of food produced on allotments…..rant over, better go and feed the birds. Good luck with moving the rat onto pastures new lol

Hi ade2a, I remember a few years ago when Murray international had that massive dip and recovered over time and though unrelated I kind of believe we’re on a similar dip here as all share prices do tend to drift around whereas the diversified trusts generally are less volatile in their movements due to the diversified nature therein and I’m happy to sit on and add nearly 8% return quarterly,whereas the Murray ones I got shot of as soon as they went back over a tenner because the yield wasn’t there. It’s all subjective when it comes to investing as it’s our own dosh on the line!

Morning all. Looks like another bunker day! Was going to post last night but looked a bit hostile on here lol.
This vaccination thing seems to be divisive for some reason, but at least it stops people banging on about brexit etc all the time! GM foods and aggro chemicals however should be talked about imo!!

Thanks for the link ade, quite reassuring and a whiff of contrarian is how I read it. Bought back in a small way JCGI this week but in the trust sector there’s very few that are close to this return on capital deployed so happy to sit tight,collect the divies and interesting how they’ve moved the money around the area geographically too.
Thanks also Zac and Gerry for your inputs here.
High yield often a value trap but I’d rather feel ‘trapped’in something paying 7-8% than an individual company all or nothing…..if it yields that it’s undervalued or unsustainable which doesn’t seem to be the case here.

Good news at last!
I wonder how much this will create in revenue terms?

Thanks for the explanations ade.
After a brief perusal of my p/f just now the only comment I can make is thank goodness it didn’t drop as much as heaps of others did and we were well into the 3’s first thing which gives me some hope!
The yield will keep me invested because therein lies the only true profit in owning shares in anything imo!

Hi Sain, you called the price right! Surprised it didn’t go lower on a bad day overall, sitting on my hands here unless I see an investment case(as in too cheap to ignore or as you say something structured. A potential recovery stock at best. Keep up the good work!!

Cheers Mick, looks interesting but as someone who’s never been into gaming probably one to watch and watch out for dilution! Years ago i had some games workshop and was irritated to see how much they went up after I sold…… shares!
After that announcement earlier looks like they’re really going for it with the jabs, when I had the booster they made you sit inside to wait the 15 minutes whereas before it was recommended. Anyway night all and have a good week.