Member Info for Nige_W

Hi Tom As Troubles says don't worry, this Boat has a long, long way to go. In profit on Trade account now, and wife is soon to be released from hospital and builders about to change direction. Great day for me today! Still planning to sell some sge to buy more nano but no time today, maybe a bit of profit taking later so could be a good idea to wait a little. If I do that then too many eggs issue, or What are you, a Man or Mouse! Worst possible event is they are bought by foreigners again, but that won't be for less than 100, and even as the price rises, so does the sale price - it will remain about twice the current price. ie If Sp 100, min buy price 200. So just cannot go wrong! BoL

Hi Troubles, HeresHopin and Tom Thanks for your kind wishes - she's a lot better today. New Year slump almost a month late now - 1st major results bdev Interims 21/02/18, followed by psn Finals 26/02/18 and tw Finals 27/02/18. I expect a change in direction of Sp before that and then Northwards until May. BoL

Hi Troubles I will justify Nig-Rule 17 but wife's in hospital so very little time at the moment. Hope you and Tom had a good walk. BoL

Hi Tom I'm far too far out of date to really make any comment here, but I had a pal who had worked in plumbing for years after serving his apprenticeship. Wasn't Corgi registered, which he had retired from, but a little job came up which he wasn't allowed to do. (No Corgi card)! If you serve an apprenticeship do you also need to get Corgi registered separately? Same applies to all other trades. H & S sounds too much like Jobs for the Boys to me, and shouldn't be necessary if you are qualified. ICI used to insist on a site training course (free) before you could work on site, but that is not surprising considering the dangers there. See how out of date I am - no part of ICI exists now! BoL

Hi Ben I was made redundant from Geo Wimpey in 1980 (Maggi Thatcher induced recession to destroy Unions). Got into computing and was treated like Royalty, but when I found that I could double my wages by working as a Contractor I went for it. Like you say look after No 1. Builders only employ you if they make money out of you (as do any Employers). If they can't achieve production required they have to buy Contractors in (at maybe twice the price) but it doesn't cost anything them to get rid of them. I used to have loyalty to Company's I worked for, but all is directed by greed. The Wife and family are far more important, so you should make your choices based on them. A lot more happy and peaceful. BoL

Hi David No idea where Sp will go over the next few days. The next critical date is tw FinRes (end of month) which will get Sp back to some sort of reality - the day after 220, and 7 days later 230, End of May 260+. Ha! Talk about putting your neck on the line! Tw better give us the promised 15.3 Divi or better, otherwise it ain't going to happen. Tis Nig the Brave ! If it happens you all must address me as NigTheBrave from now on! Otherwise you can address me however you like. BoL

Hi Graham If tw loses another 30% of its value (to 128) then the yield will be 12%, the potential increase to 260 before XDivDt = 103% (when Sp becomes 20 * Divi or Divi = 5% of Sp). Results out in 3 weeks and a bit of sanity will return. BoL

Hi Tom I think the same applies to tw (to a lesser extent). I stick to my predictions cos nothing has fundamentally changed and when tw and psn produce their Final Results (in 3 weeks time) sp will not be driven by market sentiment (or lack of it!) but by numbers from the accounts. Obviously rdw doing well, so no reason why tw, psn and bdev should not be. BoL

Hi Tom This looks like money for nothing. The US company is not going to let nano go bust if it is investing in production facilities for them, so basically you can forget about the debts/losses. But you should not look at the short term for a company like this - no doubt there will be a bumpy ride as people cash in profits, but if you sell at a good profit you might not be able to get back in at a lower price. My intention is to hold and buy more on any weakness. If it is a great company and yet another new application, there is no way I am selling any for the foreseeable. BoL

Hi Troubles After yesterdays rise I thought we might have seen the low point, and after big losses in the week I was more or less even. After I saw builders losses I expected to be back to square 1, but then I saw nano and have broken even again. Av price nano 41 so still losing money (but not nearly so much!) Now where are nano going ??? No doubt there will be some profit taking, but I think they have arrived and will soar over the next few months. Partnerships with Dow, Merck, SE Asia companies and now a big US company - truly global! Hope you bought some and Tom, remember this is only the beginning. - you have not missed the Boat. Ha! Just realised av in Isa 28 so almost broken even, �236 down.Think I will sell some Isa sge and buy more nano then do the same with Trading account when I break even there. BoL

Hi David I hope you have loads in Isa's. I have diversified to hold a base value in 6 Coys, bkgh, bdev, rdw, bwy, psn and tw. I intend to diversify even more by creating base values in Victoria Properties (vcp small Builder - rapid Growth), Ibstock (ibs - Brick maker) and Tyman (doors and window furniture). Also Ashtead Group (aht Plant Rental 84% US) as a hedge against Brexit disaster. Gotta check these companies out a bit more before I go for them. My original idea was to move floats between these companies as they reached their peaks, sell move to next company, but unfortunately they all seem to have similar buy/sell Dates. End of May my system says sell everything! The new 3 companies create some overlaps. Port a diversified 88% in Builders, but Theresa May is in control now and will double house building (by force or power?) doubling builders profit? Not holding my breath for that, but I do think builders still have a rosy future. BoL

Hi David I have my float in psn, rdw and tw at the moment. Very little difference between my projection for bdev and tw but I went for tw cos FinRes while bdev IntRes (more potential?) Diversification of Portfolio is probably a good idea, though if you are convinced Builders is the only place to be (like me) why bother going anywhere else? BG didn't become the richest man in the world by investing in IBM ... BoL

Hi Tom Great Company, great results. My system tells me to hold these until 01/05/18. You should buy some cos best performing (major) house builder over the last 4 years. Think (hope!) we have now seen the New Year Slump or Trough, and now Northwards until May. BoL

Hi 2227 Are you alright? Been a bit quiet recently. Great company, great results, my system tells me to hold this until 01/05/18. Just got to be patient and keep an eye on them. BoL

Hi David Just had a quick look at my watchlist - a sea of Blue - everything must be taking off again, or this site has buggered up all the numbers again! Could be 205 the day before Results, but I think the day after 220 and following week 230. Go on have a guess - Price 1 day after FinRes (my guess 220) and price 1 day before XSpecDivDt (my guess 265). More importantly, I think we have hit the New Year Trough so Sp should go North until Peak at end of May. Trough almost 3 weeks late so my average Float price 204, cos I bought in too early. BoL

Hi all When tw and psn release their Final Results in 3 weeks time, some sanity should return to the builders. I expect tw to rise to 220-230 after FinRes, on the way to 260+ by XSpDivDt which I thought was 31/05/18 (based on last year 01/06/17). Anyone else happy to make a guess? BoL

Hi Troubles If a Bear market is on the way in US it will affect us, but as you say after record highs I don't see it changing overnight. ie This is not a turning point just a correction from profit taking, mixed in with a few small issues. Builders here already at rock bottom so supported by Divis and can't go much lower. What would you do if tw, psn yield reaches 10%? (when normal Interest rates less than 1%). Normally the only time Yield reaches such highs is when the company involved has massive debts and share holders worry if they can pay the interest. Not the case for tw, psn who both now have more cash than they know what to do with! Increase divi a bit? Not too worried but it would be nice to see a change in direction of Sp, about 2 weeks overdue now. BoL

Hi Ice I wish you a speedy recovery so you can get home soon. Just got a statement for my daughter's National Savings account - interest rate 0.70%. Assuming promised 15.3% Divi and Cur Sp (186.55) that is a yield of 8.20% or 12* NSI. But assuming the Sp increases to 20* Final + Special Divi = 260 just before Spec XDivDate (End of May) = 39.4% increase, and you will also receive the FinDiv of 1.15% We are already past the traditional new year trough Just think you can't go wrong if you hold until end of May, but I know you prefer trade little? and often. Whatever you do I wish you the Best of Luck

Hi Tom Maybe I am making too many assumptions. 2017 Final XDivDt 13/04/17 - 2.29 pps. 2017 Special XDivDt 01/06/17 - 9.2 pps. Int 21/09/17 - 2.3 pps, we have already got all of that. You can use these dates to predict the next set. 2018 Final XDivDt 12/04/18 - 2.30 pps. 2018 Special XDivDt 31/05/18 = 15.3 - (2 * 2.3 = 4.6) = 10.7 pps. So I should not have said all you have to do is hold those on XDivDt cos there are 2 XDivDt's. If you hold from 12/04/18 until 31/05/18, you will get 2.3 (Final) + 10.7 (Spec) = 13.0 pps. As I said I just topped up and so should get 13.0 pps for all the shares I now hold. If I was to buy some shares between 12/04/18 and 31/05/18, I would not get the 2.30 pps Fin Div, so only 10.7 pps on those I bought. FatCats buying the Divi will buy until Divi becomes less than 5% of Sp which will push the Sp up to 20 * combined FinDiv + SpecDiv = 20 * 13.0 = 260, before 31/05/18. In fact previously they have bought down to 4.6% of Sp, which infers that Sp could go up to 13 / 4.6 * 100 = 283, so I just say 260 +. Nothing is certain until Final Results, which should be published around 28/02/17. Anyway, however you look at it Sp now 192 and Imho 260 + in 4 months time and that will do for me! BoL

Hi Jak Last Year ExDivDt was 01/06/17 so this year will probably be 31/05/18. Dates amounts ... will all be announced with Final Results, last year 28/02/17 so this year 27/02/18. You only need to hold the shares on ExDivDate to get the Divi on the shares you hold on that day. BoL