Member Info for MaryBr190

Here's hoping. My holdings in most stocks are in my ISA.

PFC 100% in my ISA so no capital gains worries here.

Each to their own, I wish you well.
M.

the 9:08 was for gelston and any other doubting Thomas type.

Clickit - as you can see by my illustration above I find it prudent to reduce my average cost of shares well below the current price. May not maximise my profit but certainly minimises the risk from unexpected crashes etc.

I aim to have a healthy holding in dividend paying stocks by this method as an average price trending towards Zero cost for me.

Sometimes travelling is better than arriving.

Think of it like viisitng a casino, pocketing your original stake and then playing with the gains. A more fun evening than risking all forever until the casino wins.

I err on the side of caution, get the timing wrong at times but can work out of even a loss making trade with my method.

NOT A RECOMMENDATION OF COURSE, but do try to keep your gains while minimising risk.

GL to everyone long and short. Keep safe.

Simple really and has been answered many times before. Also no stamp duty with PFC.

Here is an example.

This could have been done by anyone last few weeks.

An even lower average than mine, as I trade in between the ranges I did not get as low.

eg
10000 shares at 100p bought = £10,005.95 (£5.95 commission)
Sold 5000 shares @ 170p Proceeds = £8,494.05
Balance 5000 PFC shares, net cost £1511.90

Average cost of holding remaining - risk well reduced - 30.238p !

sub 60p not really that tricky to get your head around now hopefully.

Covid is soon to be normalised imo.

https://www.msn.com/en-gb/travel/news/uk-s-covid-travel-red-list-to-be-slashed-from-54-to-9-countries/ar-AAP4qRO

Sunday travel news will be a shorter's nightmare.

https://www.independent.co.uk/news/uk/home-news/travel-covid-red-list-b1931308.html

https://www.independent.co.uk/news/uk/home-news/travel-covid-red-list-b1931308.html

Fabulous news.

https://www.independent.co.uk/news/uk/home-news/travel-covid-red-list-b1931308.html

esecallum

The market collapse will happen or course at some point, maybe Monday or the 3rd Thurs in Dec 202X. My guess is within the next 6 months or sooner or not at all.

Will stay 40% cash and move higher as there will be babies to rescue from the bathwater.

You could equally say the price has fallen from £16 to 90p and may top £16 soon. In reality this is as unlikely as your rantings.

Why scare the children with 90p price, why not do it properly and say 70p 50p 10p or even Zero - why stop at 90p.

I read your posts humming Ma Na Ma Na.

Of course you may prove to be right but not this Monday.

Clickit
NOT ADVICE

Depends on your viewpoint, risk profile and time horizon for investing. Like any share, the share price will fluctuate daily and be market and news driven.

Re your £2, no one can say for certain. If it opens above £2 the ship could sail to £3 so it would not be too late in that case. I certainly will not be chasing the price higher even though money could be made / or lost. No certainties in life.

News of a new contract, a profit warning, an upgrade, downgrade, market crash or rally, an unexpected 500 mln fine and this stock will move violently - these swings are tradeable for sure but the wrong guess and you are in bother.

FWIW I am happy to add at 120 130 140 150 160 or just not bother if it spikes. I am more likely to sell half on a large spike with the aim of buying it back lower on retracement.

I may not get the chance buy am happy with my holding and level of risk atm. Many a time I have seen a huge paper profit evaporate and then wait for it to recover to new highs (if it does). I just trim spikes and top up on crashes and that seems to pay the piper for me.

My piper is very well paid.

Your decisions, your risk, not advice, just a view, but GL to all on Monday.

Clickit,
It also depends on your average price you have paid. Is you have an average cost of say sub 60p, you could add and still keep your average sub £1 or sub £1.20 and you should be home and dry. More risk = more exposure to both profits and losses.

DYOR
GLA

that was for Metom

Are you referring to HL dealing with rights issues? I had IAG RR. SSPG and EZJ and all 4 issues were dealt with correctly. The NIL paid rights showed correctly in the portfolio and they were combined at the end of the rights period ending.

No issues at all. In all cases the RI reduced my average cost and all were traded into significant (to me anyway) profit %.

Just checking now. A few points in no particulat order.

For reference, the final closing prices are usually updated for the day before 5pm. There is a delay of 15 minutes and the market on close orders need to settle. I do a daily refresh at around 1650 - 1700.

a) the total value is the sum of your stock value and your cash balance

b) the live / or closing price x the units of shares held is the value of the individual stock. This screen total value is the stock value at the top.

c) the gain loss and cost on this screen works in a meaningless way to see the true profit and loss. If you click on the small question mark (top right) in dark blue header (you will see it beside Value Cost and Gain - this will explain how it is calculated.

To see your gain / loss live instead try this. It is simple and easily edited.

Click My watchlists (along the very top)
Enter a name - eg LIVE
Find your shares using the ticker
Enter quantity
I delete the pence in unit cost and enter the total cost instead (or it traded several times my purchase costs net of sales and add £5.95 selling commission to the cost.
This gives a true cost per line of stock.

Give it a go and see it that gives you the figure you need, I think it will.

Thnks for the post, beat me too it.

I for one am happpy with a majority shareholder making decisions and a bid at a much higher price than my 120p average cost.

MIDAS VERDICT: Mitchells & Butlers has had a horrid time during the pandemic, but the company is now in a stronger financial position. This may enable it to make acquisitions as other companies fail to prosper during the new normal.

Early indications for post-pandemic sales are good and the company's shares look relatively cheap. They closed on Friday at £2.51 compared with well over £4 before the pandemic.

If you can cope with the wishes of the majority shareholder, and take a glass-half-full view about the hospitality industry's ability to recover, the shares are worth a sip.

Buy.

back to 220p before you know it and then a pause on the technicals

It is palpable.

It seems that any drop on any Monday news is going to be stamped all over as the last chance to board the PFC train.

DYOR

Not sure I understand the issue. With HL the watchlist's value calculates at the bid not the mid price. accurate to the penny if you have input your cost correctly.

At least that is how it works for me with a portfolio of around 40 stocks.

With HL I set up a live portfolio Watchlist with my current stocks at cost / average cost
I add the selling commission to the cost £5.95 and I then have a live profit / loss for all my portfolio by share which churns up of down second by second.

Easy to use feature and update immediately follwing a trade so I always have a live portfolio value and shows on my phone.

Combined with alerts from a live trade platofrm (not HL) I can get on with my day and trade once pinged.

A glance at the watchlist gives an instant live update on holdings.

Fantastic and so easy and user friendly.

HTH