Member Info for NervousNelly

My finger is hovering over the buy button, but haven't added yet.

Price invariably falls after i buy. You may want to keep that in mind if you too are considering a purchase.

:D

Added. Was light here in comparison to my others. Safe to say no longer light. :D

It truly shocks me that some people know so little about their investment & investing generally. I appreciate that we all had to learn, and every day's a school day & all that, but surely you understand what you are buying and what your returns might be before you take the plunge?

Even worse to then give advice that is just wrong.

Thankfully Jope the Joke and his CFO puppet are ancient history. I'd say Zero chance of bidding for any companies beginning with an H. Especially any that end with aleon. :)

I'd forgotten all about that saga, but IMV it did lead to the eventual fall of the gruesome twosome.

I could be wrong, but i believe the 11.00 is the GBP price. 12.20 is euro price at opening.

As far as the initial cost goes - i just take the split that HL provide on my account providing it looks sensible. I had a similar split with GSK/ Haleon 3 or so years ago (Haleon since sold @ over £4. :))

Any roundings for part shares should be paid into your trading account.

Thanks for that LTI. That makes some sense although are payments are still delayed. TBH though 3% yield does not cut it. I'd probably have sold everything this morning but don't like handing my profits over to Rachael.

Still holding nearly 2/3rds of my original stake.

No way i was going to make a investment decision in 2 hours. So didn't bother.

It felt like some shady scam - you have to act now or miss out. And then we'll publish the terms.

Glad to have reduced my holding this morning.

Me too. Sold the news.1/3rd of my holding £22.01. Made 68% dividend & capital in 4 1/2 years. Gotta be happy with that.

Expect I'll be back on a decent retraction. even though the dividend is now derisory. What happened to the 5-10% dividend growth? Was expecting interim of at least 22.2P.

Personally i can see much more downside to up in the short term, so this morning I've sold most of my holdings, particularly the financials.

Hoping to buy back cheaper next month. If I'm wrong then I'm wrong & it will cost me.

Enough of the buybacks.

I understand that EPS is everything to the senior team, but surely they realise that the buybacks make their company smaller & more susceptible to a takeover.

Turkeys voting for Christmas or what?

I need my share of that £2B more than they need their bonuses.

Anon. 5 years of 2% above inflation divi rises?? Where is that info coming from?

I'm sure that we are in the 1st of 3 years of 2% total dividend rises. i.e. Interim 2024 = 6p, interim 2025 = 6.12p. Final 2024 = 15.36p, interim 2025 15.67p. 2026 Total dividend 22.22p, 2027 total dividend 22.66p. But would be very happy to be wrong !

I've been in on this since 2021, primarily for income but with the hope of a little capital growth.

Disappointed with the growth in dividend in that period at about 5% against more like 25% cost of living.

Expecting that post demerger that income is going to be further hit - just like with GSK/ HLN, but expecting yield to come in under 3% (ULVR+TMICC/total capital). Not sure I can afford to continue to hold these.

I did however manage to sell my HLN - which were paying under 2% for a nearly 60% gain back in the spring this year. Hoping (but not expecting) for a similar opportunity here.

I'm with you there Lending. I learnt very early on that there is nearly always a spike on re-investment day. I tend to consolidate the dividends from a few of my holdings & then plump for one. Although this time i may diversify a little. Maybe a housebuilder or miner.

Yes Peter that is often the case. As i mentioned earlier i bought at 2.36 & change on 24th April. The price on divi payment day was £2.56. There was (and still is) a lot of other stuff going on in the world that effects the price though & who knows where we'll be in a months time.

I suppose the bottom line is that if you are happy with the price then buy. Maybe it depends very much on how much tomorrows fall is?

I was buying these in 2018 for 2.50/ share for a 15p dividend. I should be very happy to keep adding in 2025 for 21p at the same price.

Hi Phyl.

I agree with almost everything you say too. The rule of 72 & all that determines that time in the market will prove to be time well spent. I'm still adding across my portfolio, so have mixed feelings when the prices go up. That will change once i too retire.

However, don't kid yourself that your average is falling as you re-invest your dividends. I understand what you are saying - based on your initial investment and current holding your average is 1.96, but the cash paid for those top ups is just as much your cash as the initial investment & shouldn't be disregarded. Please don't be thinking that you are earning 11% - it may cloud your judgement in the future.

At the last dividend i sold a chunk at £2.532, buying back the next day at 2.3645 - a change of 16.75p on a 15.36p dividend.

The purchase price around payment day was more like £2.56, so finished up in front, but not by too much.

Unless there is a significant jump today (I'm thinking 2%) I'll not be repeating the exercise this time.

Thanks for correcting the other posters Cosmo.

Yes, originally 12024 shares for my £20K at £1.65 something. With dividends re-invested current holding = 15,410 @ 20.6p = £32174.46.

Didn't realise i would be tested on my maths. Lesson learnt about being too specific.

Congrats on Aviva Gungi - I was already heavily into Aviva at that time so didn't add any more at that time. MNG was very much a standalone investment for me. If it hadn't been for the state of the economy back then I doubt I'd ever have got into this one. But haven't we all done well on Aviva since?

I wouldn't normally mention absolute numbers, but I was pleased to notice recently that my £20K ISA investment on 3rd October 2022 has doubled its value in under 3 years.

Thanks to Liz Truss and Kwasi Kwateng i was able to get 12,024 shares on that day. @ £1.65 and a bit. That total is now 15,410 @ about £2.60 after re-investing the last 5 dividends.

But the best bit is that I'll be getting about £3200/ year dividends per year all tax free :)

Cheers Liz

Yep. I'm in the same boat as you Peter. I've been adding over the last 5 years, mostly in the 2500 - 2800 range, so reluctant at this price for under 6% yield.

When i first went in it was a bit of a punt - chance of capital growth with a good dividend yield (about 8% at the time i think). If I were to sell it would be to go further into one of my other high yielding companies - but mostly they have all surged lately - bar LGEN, but already very overweight there.

They aren't in any tax wrapper, which probably means I'll hold on. So I get the SP rise i was hoping for & then don't sell because I'm not giving Rachael a chunk. Am i mad?

We moan when the SP falls, and moan again when it rises. I will feel differently in a few years though when i'm no longer adding significant numbers.

Thanks Meconopsis. I certainly take the take the additions & corrections in the helpful spirit they were given.

I'm just happy that it's likely to be this that is keeping the SP depressed on all our insurers as Mrs Nelly & II are still adding to our positions both in, but mainly outside of our ISAs (I'm heavily into LGEN & AV with quite a lot of PHNX too. MNG is my smallest holding).

Wish i had contacts in the industry :)

Good luck