Member Info for Paul2566

It's a little dissapointing I must admit, I think there may be better value elsewhere. Another couple of dividends should get me back to break even, at which point I will reassess, and potentially move on.

The trouble with defensive stocks is you never know jow good they are in a portfolio till you need them.

Happy Xmas all and wishing you a prosperous 2022.

SP slowly improving.

I think DLG looks strong, and we should see the SP next year reflect this.
I have no idea what will happen to the dividend, I can't see why it would drop dramatically, but its current level does look too good to be maintained.
I really can't see the dividend not beating the sector average next year, and I only hold for the dividend. I'm not expecting much in the way of an increase to the SP .

Quite a few stocks are doing it at the moment.
I think it makes sense with prices subdued at the moment.
Shares taken out of circulation in effect increase investors stake in the stock and reduce the overall cost of the dividends. It should allow more profits to be retained, which can be used to invest/grow the company or increase shareholder dividends. I suspect there are also tax advantages for the company, but thats only an assumption and may be wrong.
In effect shares are worth more, but it is usually such a small difference it dosen't show in the day to day SP.
I'm not certain in this instance if the shares are being cancelled and taken out of circulation, or being held by the company.
I don't think it should have any effect on an investors decision to invest in the company.
It does perhaps indicate the company is cash rich, dosen't feel the requirement to hold the cash in reserve, and remains profitable and healthy.
Whether the funds would be better spent on drilling, expansion, reducing debt or the transition to greener energy is another debate outside my knowledge and I opt to trust the BOD who I believe are competent and have a plan. I'm sure there are accounting reasons why they haven't chosen to reduce debt, but againg outside my knowledge.

HSBA has announced it is to buy India Mutual Funds Business for $425 Million.
I think this is an excellent move as India will be a big growth sector over the next decade.
Your views?

This last week has shown a change in the SP, it's fairly subtle, but there none the less.
I can't see any reason for it, but hope it continues.

I think its entirely possible to see a 10% gain from here over the next 12 months, we just need to either put Covid behind us or more likly learn to live with it.

Thank you Gary59.
I didn't like the dividend freeze, who would. But I think it was the right decision after the knowledge gained from the last financial crisis when the gouvernment had to step in and bail out some banks, I don't think with everything else that they would have been keen to do that again. It was an easy way to limit risk while causing minimum long term harm.
I agree that the dividends will likly rise over the next year, as I can see no reason why they wouldn't as things stand today. This will in turn intice more investors back to the bank.
For me, if I held only one bank stock, at the moment HSBA would be the one I would choose.

It's not a stretch to see that as with many stocks Covid is a significant driver in its price. I would estimate once its behind us or we better learn to live with it long term, it could easily add 10% to its SP.
It looks good on paper and compares well with its sector peers.
EPS is ranked second highest in its sector.
Yield is ranked second highest in its sector.
P/E is relatively low for the sector.
The dividend is very good and while I would like to see a little more cover, its adequate to suggest the dividend can be maintained, if not at the current high level certainly well above market average.
Of all the stocks I hold this one confuses me the most, it looks a lot better than its current SP would suggest and I think that a change is inevitable in the next year.

Yes its good to see, I'm back in the black with this stock at last.

CeriEvans
This year.
My worst stock, and I'm too embarrassed to name it is down 33%.
Best is up 64.8% if I include dividends.
You are a far bigger fish than I, the most I have invested in any one stock is just shy of your biggest loss.

Time/date ?

Yes volume on the day.
If its a good stock, the daily ups and downs don't have a huge effect on long term investments.
If you are younger you can afford to accept more risk, as you have a longer timeframe to recover any losses, as you get older there is a tendancy to become more risk adverse as the opposite is true.
Making profit consistently on investing is very time consuming and involves a lot or work and research. Many on these boards don't bother or believe reading a bb post or following The Motley Fool is research. Some will get lucky, most will not.
I would suggest reading the company reports and keeping abreast of current affairs. But expect to pick some losers, everyone does sooner or later. I have and will do again, sometimes it might be a 'Black Swan', sometimes its just my fault plain and simple, usually because I tried to cut corners and didn't look closely enough before buying. I always try to remember if something looks too good to be true, it usualy is.
Rule numbet 1. Ignor me and any other random poster, do your own research and make your own investment decisions.
Good hunting.

Define big?
Today looks like the usual nickle and dime trades, nothing touching £8k.

robleo
Ahhhhhhhhhhh don't mention VOD. I still hold at a 10.9% paper loss, not one of by best decisions. I'm going to hang onto it for a while longer as I think it may at least break even for me, and meanwhile the dividend should compensate me and provide the profit I look for.
Like you I make mistakes and try and learn from them.
A merry Christmass to you and yours, and hopefully a prosperous new year.

I'm with Halifax, got mine on 17th.

I started a position in both TRIG and UKW in December last year, and bought more of both later about the same time, my SP including taxes etc. for UKW is £1.2848 and for TRIG is £1.2819, excluding dividends (which are pretty similar) UKW is up about 8.03% and TRIG up about 2.82%. I accept this is unique to me, and do not dispute the content of your post, but it does kind of stand out on my spreadsheet, hence my comment.
I hold both in equal measure(ish) holding 10329 TRIG and 10246 UKW, and intend to continue to hold both.
To be honest after the research I did when I first bought I expected TRIG to outperform UKW, but liked both stocks so hedged my bets.
Thanks for your response though, its always nice to get other investor views that are rationalised with data.
I think both stocks will do well over the next decade, as without doubt green energy is the future.

I see what you mean, at face value there appears to be about £6 difference. I guess it does not really matter as the SP probably goes or falls up by the same % in each market, and I'm guessing the dividend is also the same.
I've never really noticed this before, but honestly it dosen't bother me either.