Member Info for NervousNelly

David. IFFFF i see anything above 265 i'll be looking to sell around 1/3rd of my holding. Like you say - they often don't hold any increases - last months surge being a prime example. Then look to buy back at under 255, or 240 post dividend. If that means I'm sat out for the summer then so be it. I'll take the ISA interest for a few months

That's exactly what I've done SUFC. Sold all my investment properties as being a landlord was getting harder & harder. Have never regretted it. You are just missing the capital appreciation , but then you save on repairs & insurance - which were both getting silly. Only downside is that rents where i'm based are up 40% in the last 3 years.

But now i can go where i like when i like & have no whinging tenants. :)

That's exactly what I've done SUFC. Sold all my investment properties as being a landlord was getting harder & harder. Have never regretted it. You are just missing the capital appreciation , but then you save on repairs & insurance - which were both getting silly. Only downside is that rents where i'm based are up 40% in the last 3 years.

But now i can go where i like when i like & have no whinging tenants. :)

The Share price in the summer of 2021 was indeed £4ish. I traded many times at those levels making 10P per share or so each time.

I think that the charts get confused with the return of capital we received in 2022 and the corresponding consolidation. From memory 24%? - Think we got £4.23. I do know that i bought them back a few weeks later at the £4 level again.

Happy days.

The Dope presided over so many disasters it's hard to pick a winner. But for me it was the £50bn bid for what became Haleon. Thank god the days of Dope & Pitkeithly are over. Graeme still employed as a non-exec at Pearson Plc though sharing his wisdom and challenging the board. Not. Another company for him to drag down.

Just be careful you don't miss out by chasing that extra few pence Gary. 3% in 2 weeks is not a bad effort.

you're ******* joking?

Nice to see some capital back, but i never get too excited about the SP. Just means i'll be getting less this time when i re-invest dividends.

Someone mentioned a special? Not so sure personally. Stated returning 40% to shareholders over 3 years. = 94P @ £2.35.

65P min annual dividends in that time plus £1B buy back = another 17P of it. Only leaves 12P for other distributions.

My understanding was that the 8% outstanding claims where the more complicated cases with a higher chance of success, and potentially at a higher cost per case than the bulk. I wouldn't expect the remaining 8K to be of an insignificant value, although with the news today of the buyback i'd assume the board are not too worried.

Such an insightful post Porsche. But you are factually wrong, so shut up you dolt.

Hi Robelo

I remember those heady hays of early Jan 22 when we were over £3. To be fair, it was a bit of a spike. I sold, and bought back a couple of weeks later for £2.90ish. I never for 1 moment believed that Russia would invade Ukraine! How wrong was I?

I'm still about 10p/ share down even with the dividends. Do i regret it? Well yes - there are so many places my cash could have been. Eventually however these will come good even if we never see £3 again. I'll continue to re-invest dividennds in my insurers. Keep averaging down everything bought since Jan 22 is showing a surplus, with several tranches showing a capital gain too (i think of all my purchases as individual pots).

If the SP was higher i just wouldn't own as many. I doubt these will ever be sold - one day i'll be living off the income.

Hi bots

I'm not a tax expert, but my understanding is that if you reinvest dividends on a DRIP scheme Rachel will still need her cut. (obviously talking UK tax - no idea what happens in other countries)

I've never used one myself though, and now most of my portfolio is beyond their thieving hands (for now) in ISAs, so doubt i ever will. I personally like to keep control of what i buy and when.

Jcb - why would you exclude your dividend s from your returns?

Surely the dividend is your major reason for holding? Adding the nearly 80P they have paid over those 4 years means you are definitely in profit. For me as long as the capital erosion remains at under 5% / year I'm reasonably happy to keep topping up. The SP will likely rise slowly over time. Not expecting to see £3 again any time soon though.

And all in you ISA i hope too Hornblower?

Keep Rachael Thieves greedy hands off it (well - at least until the goalposts get moved).

The problem is the dividend is only increasing by 2%, pensions increasing by 2.5% minimum.

Not too bothered personally. Have my interim dividends to invest from LGEN, PHNX, AV. & MNG. Likely to go either here of PHNX, but waiting (hoping??) for a further dip next week.

No intentions of selling for a few years yet.

Just keep building the ISA & hope Rachael Thieves doesn't raid them.

Not sure how you arrived at that conclusion.

If you truly have any form of cancer you have my sympathy. It just wasn't caused by Zantac. If your lawyers believed in the case the settlement would have been a far higher figure. Still, you'll get a small payout after legal fees.

The problem is the attitude of these lawyers makes business more difficult for any drug company (or any company) to do business in America because of these ever present litigation risks. Hence making all products more expensive.

You're just get back some of what the litigation culture is costing you every day.

I'd be more concerned about the medication that you've likely taken that is impairing your cognitive function rather than your indigestion pills.

Sadly for you the only winners are the ambulance chasers.

You can sell.

Usually i sell before XD day & buy back (within ISA). My finger was hovering yesterday @ 231.7p but didn't click. & it closed at 230p. Todays low 224.7, so with buying / selling fees & stamp duty there was no chance of making mor than the 6p dividend this time. Unusually.

I'm not clear if the Dividend per share is increasing by 2% from 2025 or the total cash cost.

i.e. 2% +2% (approx)