Member Info for Paul2566

Post obviously too long and cut.
Anyway.
I hold quite a few utilities, but would suggest, SSE, UU. and NG. These pay dividends around 5.1%, 4.1% and 5% respectively. I particularly like SSE as it gives good access to the green energy revolution.
Mining, I hold RIO, I have generally avoided mining stock over the years but thibk RIO could do well as the market for metals and in particular metals required for electric vehicles expands. Although it primarily mines iron ore. It pays a dividend around 11.4%, but is more at risk of being cut than some of the others.
this has gone longer than intended, but in summary I think its unlikly you would regret investing in AV. over the longer term, just don't put everything into it. Just in case.

This may not be the right place, so I appologise in advance.
First I would urge you to make sure you do as much research as you can.
I am also unaware of how much experience you have in this type of investment, so again I apologise if I'm teaching you to suck eggs as it were.
Some stocks offer capital increase by way of SP, and some of the most active in this area may only pay a small dividend or no dividend at all.
Others have very little chance of a big rise in the SP but may pay a decent dividend.
Given your circumstances, which are not that far removed from mine, I suspect you may be looking for income to suppliment any pensions you have, so I will concentrate on this.
My opinion, which again I urge you to treat only for what it is;
I believe AV. is a good stock to have in a diversified portfolio, but I would never allow it to dominate my investment portfolio, ideally only being about 5% of that portfolio. However not everyone has sufficient funds to say invest £5000+ in 20 different stocks. If funds are limited it is sometimes best to include some sort of tracker fund within a portfolio.
I would strongly urge against putting all your eggs in 1 basket.
I would pick a few different sectors, as it will spread risk, and is more likly to provide regular income.
If I had to pick a fairly small selection, I would go for, Banking, Life Insurance, Non-Life Insurance, Utilities, and Mining.
If I were younger I would probably change this slightly, but to be honest these would be good sectors in any diversified portfolio.
I like AV. obviously, the dividend runs about 5.6% p.a. at the moment and it pays out twice a year.
Also I like LGEN, (I also hold this stock) dividend about 6.3% p.a. twice a year.
DLG (again I hold this) is a bit different, I think this is undervalued and coud see some worthwhile capital growth, it pays a dividend around 8.5% p.a., but I am not sure this level of dividend is sustainable long term although I believe a dividend will be maintained, just probably in the future more in line with the other stocks mentioned.
Banks, I only hold 2, these are strange cyclical beasts. However over the next few years I think banks will do well. The stocks I hold are HSBA and LLOY. HSBA gives me access to the Asian market which I think will beat European markets over the next decade. HSBA pays a annual dividend around 4.6%. LLOY I like because it covers several brands, and is now a lot leaner and more efficient than it was. It is very dependant on the UK and will do well if the local economy does well. It offers a meager divided around 3.8% at the moment but I believe this will rise over the next couple of years. The SP at the moment is struggling to hop over the 50p wall, but I can see this being achieved over the next few months.
Utilities, I do love a utility for income they are fairly dependable, after all no matter what happens electricity, water, and fuel will always be needed.
I hold quite a few utilities, but would sugges

I would agree with some of the posters, at these prices the share buy back would appear to be a very good idea, that should benefit us all in the long run.

Hope you do well, I'm just going to ride any nastiness out, and think bank stock in general may well behave well over the next 6 months.

I can't see the SP staying this low for ever. Its probably about as low as its going to get. You might see £2.68 - £2.69 but I doubt it, and only likely to be very brief dips.

I am not aware of any reason, maybe some profit taking, its done quite well this last few weeks.
It will most likely drift up again at some point.

Countingcards
Your post appears slightly abrasive for no real reason.
I madea mistake with MXC, it happens, it was my mistake, not MXCs or anyone elses. As for being a dinosaur, maybe, but this trading year despite ,XC i'm up a tad over £31k, admittedly a lot of that is on paper but includes £18 of reasised profit from sales and dividends.
For my portfolio unfortunately MXC stands out as a mistake.
I accept others who were either luckier or smarter may have got in at a lower SP and their experience may differ.
I am genuinely glad for them as who doesn't like to see people doing well.

Folks, thanks for taking the time to share your views, its been an interesting read.
I certainly agree that AV. is not at the moment being given its true value, and think any buy below £4 will prove to be money well invested.
Its certainly one of my stocks that I am considering to be worth increasing my holding.
Still watching for now though as I dont favor buying and selling, once I commit I prefer to hold.

BethHarmon
I agree, but I don't understand why its so under valued by the institutions, and what I don't understand makes me uncomfortable.
I hold 942 shares with a paper loss of 8.8%, but am still very tempted to add more.

tedmark
Couldn't agree more, NG. is one of several defensive stocks I hold that offer support at difficult times.
Slow and steady wins the race, compounding is king.

If the Evergrande issue does go South, I think its going to be hard to get off totally unscathed no matter where one is invested.
HSBA has limited direct exposure, but I also think you are correct in that it would take a hit to the SP. I am not however convinced it would affect its true value. I have no doubt it would ride out the storm, and its exposure to the markets it has will prove worthwhile in the comming decade.

Time, dividends, compounding, and research.
BP. while carrying a bit more risk than 10 years ago, is still a stock that is likly to always form part of my portfolio.
I personally view its transition to renewables to be a very exciting prospect.

I'm holding about the right value of GSK shares in my portfolio in relation to balancing my portfolio.
I may change that view and accept some portfolio imbalance, if the SP falls below a price I have in mind.

Hi, am I correct in thinking that this post is connected to hopes post below?

Strangely this came up instantly, but my previous post took over an hour.

Is it just me or is there a delay on posts showing up on here taday?

I'm not surprised at these prices.
I truely don't understand the current SP, I keep telling myself I must be missing somethimg, can the markets really have this so wrong.
The financials appear to me, to show more value than DLG is being given.
If I could just shake the feeling I'm missing something the institutions can see, I would increase my holding.

licker
Indeed compounding is king.
Picking a stock you believe in and holding long term is much more reliable than flipping shares for a quick proffit.
I have one stock for example that I got in a while ago, even with dividend reinvestment as prices increased I have an average of 84.95p, to buy today would cost you £1.334. If I calculate the dividend on todays SP its well above average, but calculated on my actual buy in price its fantastic.
Time, compounding, and dividends are our friends.
Impatience, overreaction, and lack of research our enimies.

ICL1960
Following the trail to see where the money went is one thing but recovering the money it quite different, once its removed from the traceable system it all but impossible. It can be transformed into cash, or other assets, at which point recovery is a lost cause.
In the case reported the money was refunded to the customers, its the bank that takes the hit.
I have been in years past involved in fraud investigation, and 'paper' trails are a tedious slog but you know they will most often lead to an answer.

Speaking from a personal point of view, if my bank took 4 days to clear, I would change banks.
As for cheques, I cannot remember when I last wrote one, and I don't accept them as they are such a pain to deal with.

If the offender is clever it can sometimes take a long time for the offence to come to light. There is one case documented where a team of (I think from memory 2 people) bank employee siphoned of the fractions of pennies from the interest calculated on thousands of account and sent them to a dummy account. Over several years the fraud came to many 10s of thousands of pounds. That was of course some time ago and things have moved on now.

I guess my ramblings are trying to suggest that this type of fraud inside banks is quite rare, and should we really be inconvenienced on mass for what is an anomally. The actions of a few shouldn't really be to the detriment of the many.

The SP drop today IMHO isn't unexpected or indeed a problem, its to be expect on exdiv day. Business as usual.
I expect the next set of results released to show positive figures.