Member Info for PhoenixRising53

It's no good beating yourself up for making a decision for which at the time was the right decision for you.

I bought in at the end of 2022 at 90p & sold half my holding at £2.10 which I invested the cash into HSBA & PHNX for the dividends. Since then of course the price of RR. has doubled and currently I am on the wrong side of my trade, however in the long term I will make more money than if I had stuck soley with RR. The question is when you sold your shares what did you use the money to invest in? In the stock market there is no time for regret as there is always other opportunities to make money, so rather than dwell on what could have been use your experience to seek out another potential bargain.

MCATEE Slava Ukraine!

Defeating the war criminal Putin is worth every penny the British tax payer is paying to help the Ukrainians to crush the Russian Ork's!

If Putin was to achieve his illegal objectives in Ukraine then he will be emboldened to attack other European countries including the UK.

dimi123
TradingMonkee is right! Buying Taylor Wimpey today does in theory look like a no brainer, however the UK economy is in a dire situation, roaring inflation, exports a disaster, businesses going bust, GDP collapsing and a recession round the corner.
Taking a loan out now in my view is dangerous as TradingMonkee said the price could fall further say to below a £1.00 and not recover for 2 to 3 years. I have been in TW for 10 years and just keep reinvesting the dividends so I am not bothered whether the share price is a £1.00 or £2.00 . The question is will TW continue to pay dividends when the market becomes tight? Who knows?
Your best bet is to use any spare cash you have today and buy what you can and do the same as and when ie drip feed!
One thing for sure is both you & I or anyone else for that matter is going to see house builders share rocket anytime soon but you will reap the rewards if you are patient!

I am not bothered what the price is as long as TW keep paying the dividend?
I will be very happy if today's price holds as it is until the 4.62pps (4%) dividend pay out on the 18th November.
As my dividend is automatically reinvested it just means I keep adding cheaper shares to my holding.
Long term Britain needs more houses that's for sure so in my view short term investors dumping their shares now or in the coming months means at some point in time I will be laughing all the way to the bank at their expense! Happy days!

If you buy on ex div day the 25th August YOU WILL NOT GET THE DIVIDEND, that I can assure you or anybody else for that matter!
a lot of investors/speculators will sell on the 24th in the hope that the share price on ex div day will crash by at least the 24.8p dividend and then buy back at the reduced price.
Personally I go for the automatic reinvestment of the dividend approach and save myself the hassle of buying and selling and in the process racking up additional costs.

I agree with you Thronegames Mr Market doesn't give a fig for self interested brokers & analysts!

I don't know what happened there?
The last time retailers & manufactures made money selling domestic appliances was prior to 1984 when Recommended Retail Price was around. By the time I left the industry in the early 2021 I was selling products to major retailers at wafer thin margins and some products up to -10% loss?
Nothing has changed since I left the industry the retail prices are as low as ever and therefore the margins will still be just as bad if not worse. Returns are an absolute killer, you only need one to wipe out any profit on any number of sales.
I can see the price of AO going to below 20p and even that price would be expensive in my view!

I have messaged on this forum before as someone who was in the domestic appliance industry for 20 years.
T am going to say this again there is NO MONEY to be made in selling domestic appliances

This was undoubtedly my best pandemic buy, I bought at 59p and unlike MakeSomeMoney I sold out at £2.30 and bought into Pheonix (PHNX) purely for the 7% dividend.
I have however continued to monitor the HFD price looking for an opportunity to buy back in, given the dire economic situation the UK finds its self in due to 6 years of gross fiscal miss management by the government and with the prospect of a trade war with the EU in my view I don't think this is the time to buy retail stocks.
I will seriously be interested in buying HFD if the price drops to below a £1, in the meantime good luck to any one who is holding this share.

n1shares you said it yourself the price of domestic appliances in real terms is way below when I was selling them in the 70's.
When the Recommended Retail Price was ended in 1982 it allowed the major discounters Comet, Currys etc to destroy the profit margins in the industry which eventually destroyed most of the retailers and manufacturers alike.
I was a National Account Manager for a major domestic appliance manufacturer, the profit margins were wafer thin and getting thinner every year.
I left the industry in 2001 and I have seen nothing since to convince me that the industry will become profitable again, when AO. went public I couldn't believe how many people could be suckered into buying this non profit making industry.
I can safely predict that profits will not come back and the share price will continue it's downward trend and there is nothing the directors can do about it? IMO of course.

Up to 2015 I used to take my dividends in cash and then look for opportunities elsewhere, however I then read the Intelligent investor by Benjamin Graham and changed to automatically reinvesting the dividends.
My ISA now consists 18 dividend paying shares, 14 of which are in the FTSE 100, I quite like waking up in the morning and there is more money in my ISA than when I went to bed followed by more shares in my stocks.
I am disappointed that GLO has been snapped up as it was a quarterly dividend payer, still I did make a realised profit of +49% in the 12 months I held them for. I sold out of GLO yesterday & bought into LGEN as I said I would in an earlier post, the reason being LGEN's price had dropped 8p from £2.64 to £2.56 so it wasn't worth waiting for another potential 4p divi from GLO. I still have the last GLO dividend to come on Friday which I will then reinvest in LGEN.
I can say in the last 6 years I have made more money sitting on my hands, drip feeding my existing equities and letting the dividend snowball effect take place than I ever did in the previous 10 years when I was stressing about daily price movements and the effect on my P&L.
Good luck all with investing your GLO cash!

The BHP share price on 31st December was £21.99 today it £26.77 + 21.71% & my paper profit is £2,449.58.
The 96 WDS shares I received for which I paid zero are worth £1,882.52
I have 533 for and my cost price in 2015 was £2475.40 so a pretty good investment!

With WDS on ii the cost of the shares was zero, which in my view was correct.
However the ii platform allows you to change your cost price, so if like me when II add the cost of dividend reinvestment to the original cost as a matter of course, I always change new the cost back to my initial investment cost. If that makes sense?
After all the new shares have cost me zero!

In the RNS dated 17th May 2022, shareholders who receive the 4pps dividend on the 10th June will receive a 1.59pps pay out and not 1.63pps. The next quarters dividend if paid will also be deducted from the price. So as a long term holder I will either receive 1.59pps or 1.55pps depending on timing?
Once this has been put to bed and I receive the cash into my account I will be putting the lot into LGEN for the 7% dividend, just a pity the dividends are nott paid quarterly!

I agree dflynch, since they did a revamp on the website trying to set up a new payment is a total pain in the backside, I was taken round in circles until in frustration I just gave up and walked the 150 metres to the branch and got them to set it up.
Twice recently, I have had to visit the bank to do what was a very simple task prior to the revamp of the website.
I have a business account with Metro which if the staff wern't so helpful I would be seriously looking at moving my business account elsewhere.
I was invested in Metro upto a couple of years ago and will buy back in again if the share price hits 50p again as it did in 2020.

BPinvestor I was transferred from EQI to ii and I have the same issue with Duke Royalty (DUKE) as I now have with BHP with regard to dividend reinvestment's.
My strategy going forward with BHP is to reinvest the dividends back in to BHP together with left over dividend money from Rio & GLEN dividend reinvestment's.
The other difference I have noticed with ii is that they take 48 hours to reinvest the dividends where as EQI only took 24 hours!

Robina Phoenix shares are in good company as since 31st Dec 2019 the following share prices have declined TW - 32% VOD -15% WPP -6% & GSK -7.5%.
I hold all these shares and am making good profits on them all as I am with Phoenix.
However stand out performances in my portfolio since Dec 31st 2019, share prices that have increased BHP +66% GLEN 112% & RIO 35% excluding dividends. Happy days!

Just in case there is anyone out there who is expecting the dividend to be automatically be reinvested in shares that is not going to happen, at least with ii that is. Now that BHP is listed on the Australian market the dividend is paid in £'s but you have to buy the shares on a manual basis.

Robina, you are having a laugh aren't you? Pheonix Rising is nothing to Pheonix Group and everything to do with my ISA portfolio rising since it's inception!

Took advantage of the drop today and so added to my ISA position @ £6.1540.