Member Info for Paul2566

Just added another 12074 of these. I already hold PHP and like the look of REITs at the moment. This isaslightly different sub-sector to PHP and I think that they will both do well long term. In the short term who knows.

ATB

I suspect this may be a stock I hold for a very long time.

Not sure there is a lot of choice really.

Taverham

I hope so but I have been wrong before. It may continue down, but over the 10+ year timeline I am planning for I suspect they will do ok.

ATB

Well I've added this morning 5443 shares at £1.9739 including taxes etc. Now holding 33958 of these with an average of £2.0608.

Over the last 2 1/2 years I have paid as much as £2.3042, and as little as £1.8794.

I think/hope that as interest rates start to fall later in the year it may rise a little to somewhere in the £2.30s, but to be honest its the dividend I hold this for.

This and LGEN are my two long term dividend plays. By cost MNG is my 2ng largest holding and LGEN is the 3rd largest.

However much as I like these stocks, I will be investing the dividends elsewhere to avoid any more weight in these sectors.

Well I just added another 743 of these at $2.0255, it may fall further but happy this is a good price. I now have 28515 of these shares. I've held them for a while and have usually averaged up over the years. I hold this for the dividends, but I do think that capital growth will come in the years ahead. It's never going to show dramatic rises in the SP but I think its a strong company with good dividends locked in at todays price. I appreciate that dividends can always be cut, but I'll harvest while the sun shines.

Lamoroma24

Nice £8.8k dividend heading your way, hope they are held in an ISA.

No idea if it will rise as you suggest. It may well drop back somewhere around 6% to 9% on the 25th. I don't bother thinking about trying to guess if its worth selling before xdiv and buying back cheaper post xdiv, I've looked at dummy trades in the past and for me its not worth the hassel. I think I would probably still buy at the moment as I like the company, but fully in the knowledge that it will probably drop post dividend, it's swings and roundabouts really as I would capture the dividend which should more or less cover the drop. I can't think of a stock I would buy on the actual xdiv day though.

Thriller40

Yes I think it would be very handy, but with a change in government which is I believe inevitable the British ISA might not ever happen. Even if it does I don't expect it to be available this tax year.

I am not convinced the arguement for a British ISA holds water. It wouldn't change the proportion of UK stocks I hold, I would simply ensure I held the same balance in my portfolio split over the two ISAs, I don't see how that will give a boost to UK companies. It would be better to remove the tax added to the purchase price of the shares, but of course from my point of view (at least for the next few years) the additional ISA is preferable. As an overview however, most people are not fortunate enough to max out their ISA allowance and they would benifit from the removal of purchase tax costs. To me it looks like another bias towards the rich. I hope a change in government starts to help the majority to invest for the future, not just the fortunate few.

I seem to have rambled off topic, but in short yes from a selfish point of view a British ISA would be helpful, I'm just not convince it isn't a political carrot that post election won't just remain in a cupboard somewhere as it rots away.

Clued

Yes sorry the bed account is just a normal share dealing account outside the ISA account.

I always max out the ISA, but sometimes you might get a windfall of some sort and you have to invest it somewhere while you wait for the next tax year. In my case I max out the ISA from my bed account within the first week of the new tax year. With the reduction in tax allowances I have sold this week to maximise my £6000 allowance and will transfer the£20k cash into my ISA next week to re-purchase the stock. In my case the same stock, but sometimes its a good time to rebalance your portfolio. I have sold some stocks in previous years that I had lost faith in and realised a CGT loss, and purchased a different stock in the ISA to avoid the30 day rule and use the capital loss to offset other capital gains.

I suspect that there have been a lot of sales in bed accounts to re-buy in ISAs to minimise CGT and shield dividends.

I myself did that over the last few years, and I am doing the same with MNG and HSBA this year.

I was lucky enough to have a lump sum and some excellent performers in the bed account and with the £20k max ISA limit it takes a few years to transfer it over. It will unfortunately take me another 5 or 6 years to get it all in the ISA unless the £20k limit gets raised.

Shorting stocks is no different from buying stocks in one aspect, I buy because I believe the stock will increase in value, or its dividends will be at a level that I am happy with and appear to be stable.

However while there is in theory no limit to the upside on a buy, there is an absolute limit on the downside at 100%, i.e. the stock goes to zero and we walk away with a total loss.

In shorting a stock there is no absolute limit to the downside. Traders can of course use stop loss tools to mitigate this risk, and there is a cost to borrowing stock. I know just enough about shorting to know it is not for me. I would hazard a guess that most PIs who try it lose money.

I believe that those with enough finance to make big shorts can influence a SP, but if the company is sound its likely short lived (pun intended).

I have 21534 of these and have held them since 2019, paid as little as £2.03 an as much as £2.88. LGEN is in fact my 3rd largest holding by value, so obviously I do like the company as an investment.

Perhaps LGEN is not an exciting investment but with a personal diviend working out at 9.005%, I can live very happily with boring, in fact I wish I had many more stocks as boring as LGEN.

ATB

MrM-007

I'm afraid just like anyone else it is impossible to answer that question, even IF a takeover was on the horizon, which there is absolutly no information to suggest it is.

In short if you believe its going to give you the return you want, buy more, if not, don't. But personally I would neither buy or sell based on the musings of a BB.

ATB

Guitarsolo

Thank you for your response, its nice to get anothers views.

I have only held CLIG since August 2022, so not long.

I tend to think I bought the right company at the wrong time, hence including dividends thus far I'm still £2.4k down.

Unfortunately my average including taxes etc. is £4.0165.

I suspect once the base rate has dropped a couple of times my loss will narrow.

ATB

I must admit this looks like a dead duck, fortunately I don't hold much in this stock, and for what its worth to me now, not much point in selling. I will just hold what I have to zero or get an unexpected bonus in the unlikly event it comes good.

I already hold these and have averaged down a couple of times. Its starting to feel like I am just chasing the price down.

The dividend is nice but not if it fails to compensate for capital lost.

Any insights shared would be appreciated.

We older folks do tend to like a dividend.

I retired 4 years ago this month, although another 5 years to wait for the state pension and free bus pass.

As I've posted before I hold these in an ISA, and have held LGEN for a number of years. Added a few more today bringing me to 21534 of these with an average of £2.3764.

I would usually suggest buying below £2.30, but can't follow my own advice adding at £2.421 today.

LGEN is now my 3rd largest holding by cost, which indicates how much I value the stock.

I am however in relation to my portfolio a bit heavy on my largest 3 holdings so probably will invest dividends elsewhere. Maybe add to my NG., RIO, TRIG or PHP, whichever looks good at the time.

1.Armani

I sold SHELL a while back, just because at the time I held both BP. and SHELL, I liked BP. more so moved the SHELL profits such as they were into BP.. I Held BP. from the second half of 2020 until I sold the lot in the first half of 2023. To be honest I cannot remember what cause me to sell but managed a capital gain of £11.5k. I was very lucky as I had bought as low as £1.93 to as high as £3.90. I guess I'm a bit odd, I just do not like selling stock usually, and I really do like RIO, its my 4th largest holding by value. Most of my stocks are income stocks with only about a 1/4 of my holdings being what I would consider growth stocks, and half of those 'growth' stocks pay smallish dividends. I guess I'm a hoarder who likes a dividend. I do wish I had sold AAL in 2022, hindsight is a wonderful thing, so now I'm sitting on a paper capital loss slightly offset by the dividends I have had, but a good sized loss none the less.

My biggest loss was with DLG, that really blindsided me, worst of that was I lost all faith in the management so bit the bullet and sold at a loss. I guess we all pick losers now and again, the aim of the game is to pick more winners than losers. ATB

B.w.f

You might want to take another look at that.