Member Info for Nige_W

Hi Bamps I was with Schwab as well (brilliant) but they got wiped on 911, and transferred UK staff to US, so had to sell UK operation to Barclays (rubbish). Now use HSBC (even better!) Don't touch Aim, really just big builders and nano and can live off pensions OK cos I owe nothing to anyone. Might have to raid shares a bit cos I have promised my 2 kids £6k pa, cos they both want to buy their first homes. The Divis you get are already tax paid so Yield etc are based on net numbers. Don't know if that applies to Isa Divis (but I think it does). The reason this is important to me is I stopped working 20 years ago (retired?), and never claimed any benefits, and I might be entitled to tax back on divis, cos during this time I had no income. Just turned 65 and still not getting my pension yet, no doubt cos Social wasn't paying the stamp. The System is stupid and needs to be replaced. Not too bovvered - any way the wind blows. BoL

Hi Bamps I started investing in 1995 and did very nicely during the dotcom Boom, then lost a lot during the DotCom Bust. Made a lot more than I lost though. I thought Tech stocks would make a come back so I did nothing until 2013, when I consolidated what was left of my Peps and Isas into a new HSBC trading account, and have now set up 2 years of Isas. This is where we differ a bit. I am investing more of my growth shares (nano) into my Isa cos tax free, while I don't mind paying a little tax on divis. If nano double in price and I sell any, I will have a Cgt headache, but not if in Isa. Not really thought this through cos haven't checked out all the numbers (Cgt allowance, Rate, and are you sure Divi allowance only £2k? Seems a bit low, and does this apply to Isas? The Govt set up Isas to encourage investment (and complicate things even more again!) Maybe just another Brick in the Wall. BoL

Hi Bamps I have said before Bill Gates would not be the richest man in the world if he diversified. We all have our own ways, obviously some work better than others - and timing is critical, but as a matter of interest, would you not have been better off with sticking to Bryant, GW and TW (or whatever the order)? I have 80% port in builders (Divi & Growth), 20% in Growth (mainly nano - worth a look). 20 Years ago I was in Tech Stocks 80% for growth, 20% Divis - almost none left now, all bought out by foreign companies. Just as a matter of interest I am with HSBC and have a credit limit of 50% of the share value of your Port (which I don't use), but very low interest rate, and I can also invest in US Coys and possibly others in EU? I don't cos I know nothing about them. BoL

Hi Slimchance Think it took 14 weeks for Sp to recover to Pre XDivDt last year, but then Divi for free. This year I need 210 before I will sell (for free Divi) and I will not sell for less. Quite happy making 10% pa anyway. From my previous post you will see I think Bash announcements are worthless (at best, if not dangerous) and so I think Tom is right to point this out. BoL

Hi Tom Think HeresHopin was being sarcastic, but I agree with your point. My point is any statement should be backed up by evidence and reasoning which justifies the statement. Otherwise it has no foundation and is of no value at all. Imho tw is massively undervalued (more so than any other builder with possible exception of bdev), but as you know I have always given the reasoning to justify my opinions. Every message Bash has sent could be preceded by IMHO. You could argue that Lse shares (bkgh, bvs, crst csp…) might see a downturn, so why does he not post messages on those boards, rather than plaguing us here. Just seeking attention and thinks it's funny - as you said before best just to ignore him, (why am I posting this ???). Have a great weekend BoL

Prediction and announcement. Evidence?

You make announcements without ever justifying them. I think the Earth is flat and we will soon all fly away from it as we slip off the edge!

Hi Graham MM's don't exist any more - replaced by Sets system deal type A - Automatic, is a computer Sets Deal. Just glanced at late trades and looks very red, but don't think that matters either. Working late again on my system and noticed tw lost 1.6% this week, while other builders lost about 4%. Psn lost 5.3% (on XDivDt -110 Sp 2727 = 4%). So you could expect psn to lose 8% today so 2.7% Up! Tw also up by 2.4% comparatively. Every cloud ... Don't know what tw has done with leasehold provision. Don't think any other builder made any provision for it. Anyway can probably build it back into the accounts, which would be a nice little boost, but so cash rich now, it will make little difference. A company producing a product where demand massively exceeds supply (and Govt trying to increase production?) with one of the lowest Per's in Ftse 100, while Eps and Margins are becoming almost embarrassing, leading to Divis of almost 10%, and loads of cash - is this is just a dream? Note - psn, bdev and bwy could do even better. BoL

Hi Tom If you are in the blue at ITV, I suggest you move from there to psn (ITV going nowhere, psn thriving). psn divis 235, my float average 2624 = (Historic) yield 8.96% Prospective yield probably more than 10%, Sp 2710 (after big drop XDivDt today 110. On the way to 3000 after PreInt early July. BoL

Hi Tom Don't understand why everyone seems so -ve. Fundamentals have not changed, low Per, high Eps, Margin and loads of cash. Where else can you find this? As long as I am getting about 10% yield I am quite happy to hold. Need 210 before I will think of selling (unlike psn!) BoL

Drop due to XDivDt today. Should recover due to PreInt around 04/07/18. Very happy av float 2624, so 110 div for free and potential 3000 pretty soon. Can't believe how quiet this board is since it is the country's biggest builder. BoL to any holders.

Hi Graham Probably you are right - crash on the way, but the question is when and what will cause it. Btw only LSE builders in recession now, psn, bwy and tw optimistic. Nobody said why the drop in Sp happened today (crst results - LSE)? Another banking crisis (like 2008), increased interest rates (but not set by Govt any more, like Maggi recession to fix Unioins 1980), collapse or stagnation of economy cos of Brexit? Think last is most probable due to another Govt failure, but will take a long time, and stagnation rather than collapse. Builders don't have to build and they won't if margins decrease significantly. Just pay off all subbies, and see how long the cash lasts (psn £1.3Bn) until the next Boom (like psn did last time). Govt will be replaced if -ve equity and this means house prices cannot go down much. We really do need a new system. Both my kids are looking to buy houses and I am delighted to help them, but this is fundamentally wrong. We bought our house when the interest rate was 25%+, I think around £12k mortgage 40 Years ago, is this the answer? Could pay it off in 12 weeks work 20 years ago, when I became unemployable. So I think the crash is at least 5 years away and probably more of a whimper, while all the parties are trying to build more houses. BoL

Hi AllAtSea Made a large amount out of Sage since 1995 (when it was a great company). Now less than 2% of Port and time to bail out, (sentiment can play no part in investment). Just not the same company any more - growth by acquisition. Last shares bought 05/08/13 at 353, now 677 = 84% up, but doing far better with builders. Very sad and I hope they do well. Good luck to all holders and I hope they return to greatness.

Hi BtB Just topped up today at 43, average 41 so only just in profit. Land prices are far too high, but I don't see any correction happening soon, and anyway, look at the Per's, a disaster is already built into the price. Don't think prices can go any lower, and the Sp is forced up by increasing Divis (so that Sp becomes about 20 * divi on XDivDt. Tw prospective Divi now almost 10% and psn , bdev not far behind. Safe as houses, cos loads of cash (psn �1.3Bn), while Eps, Margins and Divis still increasing. BoL

Hi BtB If I was investing in a small mining or oil prospecting company, I realise I am taking a chance (so I don't touch them). Imho Nano are the Tech equivalent, so I am not too concerned about current cash flow (can't go bust cos of US partner), so it is only a matter of time before the flood gates open and cash start rolling in. No criticism but you seem too concerned about the cash position to me. The major clash is what is the future? Led or Cfqd - only 1 winner there with NigWit, Merck, Dow, Wing Chung? on board. Nano cheap as chips at the moment so good time for a top up, which I intend to do in the next few days (cashed another pension). As I said I don't to Minerals or Oil, but compare Sp movement of them to nano Sp, cos Nano have discovered the Gold/Oil. It's proven Tech - just need to get the plant in and set up the infrastructure. Is this wildly optimistic? Did you look at Builders? Money (Divis) for nothing there and growth, have a look at psn, tw and bdev. BoL

Hi MsMP Done nicely out of bkg, bought Nov-16 av price 2428, now 4321 (=78%), so I suspect he could lose money there. LSE builders under pressure right now, but bkg well managed and usually come up trumps after painting a bleak picture. Decreasing Divis (from memory but prudent move) and loads of cash. I have no doubt they will outperform the other LSE builders (bvs, crst and csp - which will have far more issues than bkg, if S*** hits fan). Thanks for message and I will watch them carefully - if much decrease in Sp I will bail out. Really hope he loses all his short, cos I hate the idea. Used to be based on Insurance - now a vehicle for chancers. BoL and thanks again - this is the information that is really useful on these Boards

Hi Troubles You mention surge then plateau, this is typical of tech stocks - big reaction to +ve news then all goes quiet for a while. No way you can anticipate this (unlike building stocks - see my systems projection of psn buy/sell dates). Bdev going well at the moment (after lagging behind the others recently), and according to my graphs bwy has fallen behind as well, before PreFin 07/08/18 and FinRes 16/10/18 (approx dates), could be good time to get in. BoL

Hi Tom At the moment I have 3 Floats - rdw Float price 633 Cur Sp 626, tw Float 208 Sp 191 and psn Float 2660 Sp 2880. Down a little on rdw, should have sold at 646 a few weeks ago as my system told me, gotta hold on to tw until 210. The success story (again) is psn 9.8% up before Divi (110) followed by PreInt Results then Interims. Think I might just hold until after Interims 19/10/18 and review then. (Might have a CGT issue - need to get that working again!) Fwiw My system says (for psn) Buy before Finals (19/01/18), Sell after Finals (18/05/18), Buy before PreInt (22/06/18), sell after PreInt (24/08/18) buy before Interims (07/09/17), Sell after Interims (19/10/18), but ignore PreFin results. Fine thanks and you also have a great W/e BoL

Hi Bamps In trouble with Commons Select Committee? What is CSP Agenda? Shirley, if you want to get houses built, the Govt should work with Builders - not against them. Some time ago I said this increase in house building would increase builders profits (but that assumed that more houses would be built - TM in control), but as long as they are working against each other, I can't see more housing being built. The Govt made something like two thirds builders bankrupt 10 years ago, so the only people who can build new houses are the big builders, that are left. Snafu or totally P...Potical as usual when Govt decides to interfere. Thanks Johnson for the link Maybe I thought Ceo gave his �100M back - I re-read that report you linked to and all I can say is Stunning! Hi Tom What do you mean by expensive? Would you be happier if they did a 10 for 1 split, so sp becomes 286 rather than 2860, or do you mean you think they are overvalued. Don't think they are overvalued cos of report Johnson linked to. Rewriting my system again so never too sure what is up to date, Per's Peg's margins EpsG � Hi Troubles Hope you still have all your nano shares, going to buy a bunch more tomorrow, cos cheap as chips at 44 Imho. BoL all

Hi Johnson That is from memory - check with last trading update RNS, almost sure that is where I read it. I don't have time to check it now - gotta go out. There is also quite a bit about Divi policy though no future promises, and land bank. BoL