Member Info for Jt_bc_28

Still waiting on T212

Same here @robleo. Bellway and Persimmon both tanked having been finally doing quite well recently. I bought more of each but they don't seem likely to recover unless the spectre of rate rises disappears. I'm mostly in dividend payers and REITs. My gold and miners have also dropped steeply since the war started. A quick end to the energy price spike seems unlikely so I may have to just collect the divis and wait it out.

As per title. I can't see any news leading to the 7% (almost) drop today. Have I missed something?

Hi bunsen. Be careful investing in hydrogen companies. I lost most of my money when I bought into a H2 fuel cell developer in 2022. I still believe it will have a big role in replacing fossil fuels but I bought in too early and it may be decades away before it becomes economic.

If LGEN gets down to 220p that's a buy for me. Sure it might go lower but if it gets there pre the ex-div date that's effectively 205p which long term I believe is a very good entry point. I may start an Aviva position if that corrects enough. Never bought that one and felt it had moved too far up to start. Any thoughts on what would be a decent SP to buy in there?

It's ironic that while the FTSE, particularly the rate sensitive stocks I chose to be overweight on, have tanked, the S&P500 seems to hardly notice what's happened. Retail buying the dip in the US, while there is little interest in doing that over this side of the pond. Trump has screwed all those countries with an energy deficit while the US can shrug it off, apparently. Sooner he gets slaughtered in the mid-terms and becomes a lame duck pres the better.

ICL - you say a dividend portfolio is a dead end so why buy UKW? I agree that high divi usually means low growth. However I am happy growing at 5-7% and you can build a portfolio of UK shares and REITs that deliver that without the share price even having to grow. High growth are often more volatile and I feel that the divis I reinvest are likely to keep me up with inflation. If it takes off interest rates will rise and I'll buy more gilts, as I did in 2022, locking in 5%+ coupons.

Hi tich, I am leaning towards dividend paying stocks to provide me income in retirement too. Your average yield sounds quite high, just wondered how you have diversified but managed to get that high a yield? I have some here and in LGEN and also a few REITs that pay 5-6% but most of my, mostly FTSE, holdings pay under 5%. Tricky finding stable, reliable stocks paying me 7%+ so just interested in where you've got that yield from. Cheers.

So Henry you plan to hold the shares for 10 years but sold them last week. No disrespect but you sound like the typical investor who calls themselves a long term investor but is really a trader. Nothing wrong with trading as this stock has reasonably predictable seasonal trends. However I wonder if holding this long term really suits traders. It is more of an income alternative to bonds

Waited patiently for the interest rate environment to support REIT share prices, finally started to see the strategy bearing fruit and the orange moron torpedoes us. Very frustrating, I'm not sure it is time to give up - I prefer not to trade too much. If the war ends next week and oil drops back there could be a rapid recovery. If things escalate and the economy dives interest cuts may be the result. So still scenarios in which it may turn out to be worth holding on.

Seems slightly ironic that US starts a war and everyone else's stock markets tank while theirs seems so far to have hardly reacted. My holdings are largely FTSE and I have deliberately weighted towards stocks that would benefit from lower interest rates. Housebuilders, REITs, high dividend payers including UKW and financials. Plus precious metals and miners. With a hedge in energy stocks as I thought an oil spike was the biggest threat. It has been going very well this year, finally, then the orange man baby blew it all up. Energy stocks so far haven't been much of a hedge, going up a few % while housebuilders and REITs are down double digit %s. I sold out of all my US holdings when Trump came in and stuck to FTSE but nowhere is safe from his idiocy.

As I am 98% down on my, very modest, 88E investment even a 20x would give me back less than half my money. Also, I'll believe it when I see it in the share price lol.

This ought to help Trek, but it didn't. Nothing seems to stop this knife falling lol.

I have owned UKW for two years in a T212 ISA. No charges and I have always received 100% of the announced dividend. I do wonder if the charges mentioned are just part of UKWs costs which are being flagged up. HL do routinely give details on the management costs for any funds. It has no impact on what you receive as an investor, you get the announced divi in full.

Yes, I think option 2 was about -10p hit to nav. Unfortuntely though the recent pattern seems to be one reason after another for nav to drop. Hopefully the decision won't be delayed too long and removing the uncertaincy will help SP. With all the chaos of the government's 'strategy' and negative noises about net zero from their opposition it is hard to get a clear view of the prospects for future profitability.

Problem comes when one party is the government - who can just change the law if they so desire. All bets are off when politicians are under pressure.

Https://youtube.com/shorts/A7bUqOlEQ2g?si=3GK4sYUiU0iQPc2R in this update is mentioned the possibility of a CPI upgrade being retrospectively applied. Meaning no upgrade at all for years to come. If UKW themselves are talking about the negative impact that would have, you can see why investors would be scared off until it is clarified. I have reduced my holding because this feels too much risk to go all in, even at this yield.

Makes a change to have confirmed oil rather than a duster this time. However, the SP seems to do the same regardless of the outcome. It really just feels like this stock is a gamblers pump and dump plaything, rather than a legitimate investment. At an average of 0.7p I now I am resigned to never breaking even. However I only bought a small amount as a punt so no big deal.

Gotta say, price action to this point has been very disappointing. The positive flow test was meant to be 'transformational' for 88E but you wouldn't think so from the market reaction so far. If not now then when will we see some real gains?

Redbeard - I would think it more likely that it is short term traders dumping at this price. If you bought recently then a nice profit is possible. Most LTHs like myself are too far underwater to be selling now!