Member Info for RogueRiver

Really? I have read nothing to that effect. I have read that if the current vaccines are less effective against the South African variant, it will take scientist about 6 weeks to tweak the vaccines in order to boost their effectiveness.

I recently broke my own rule, of having no single holding making up more than 5% of my portfolio. One of the commentors here sensibly pointed out that it was not incautious to have a larger holding in a company like Glaxo - and I found myself agreeing. I think Glaxo below £14 are just too good to miss. I managed to bag a load when they dropped below £13.30 a couple of weeks ago. Glaxo now represents circa 10% of my portfolio, which I am very comfortable with. Where else am I going to get an almost guaranteed 5%+ pa?

The trades shown here are usually inaccurate - nothing to do with MMs, just algorithmic best guessing, based on the sp at the time of the trade.

The sp is 8.43% up, which is encouraging, but I'll be more encouraged when it's back up to 2.8p, as it was back in June (just before PL burst the bubble). If it is allowed to make some decent gains, without any more dilution, we might be on a roll, but don't count your chickens.

450 sounds about right in 5 years' time, assuming IAG is firing on all cylinders, the divi is around 5%, the oil price is still relatively low and the pound is relatively strong (which are all reasonable assumptions).

It will certainly be 'bumper' relative to this year.

Open 170
High 180
Close 175

FTSE 100 to close up 1.8%

Open 170
High

IAG will also benefit from the strengthening pound. I think 2021 will be a bumper year for Europe to US leisure travel.

As someone else here said, the erratic behaviour of PL appears to be the biggest damper on the sp. Perhaps a year of good performance, with no placings or other dilutions, might see the sp creeping up. Not holding my breath though.

Clipper is getting a lot of good write-ups on Motley Fool at the moment. Not sure that accounts for the upticks, but it certainly can’t hurt.

Oil price continues rising.
SP continues sleeping.
?

Hi CSDI1962

Having a single holding as 19% of one’s portfolio seems a bit risky. Even after topping up today, GSK represents only 4.62% of mine. I certainly wouldn’t let it (or any other holding) go above 5%. I’m a great believer in diversification, regardless of how tempting and reliable the divi may be. Good luck.

Topped up again this aft. Should be sitting pretty when it’s back in the £16-18 range next year.

Holders: “Wake up PPC, the oil price is recovering!”

PPC sp: “Leave me alone, I’m sleeping.”

£60 is looking realistic for 2021.

I dream of this hitting 3.5p. Given that the sp can’t seem to rally for more than 24 hours, I’m not holding my breath.

Perhaps if PL did not keep throwing a spanner in the works (e.g. dilution, 1p options) every time the sp shows any promise, we might see some progress.

President sleeps while the rest of the FTSE rockets. Figures.

The strengthening pound will also help IAG. Apart from its effect on operating costs, it will add to the pent up demand for travel to the US, as Covid subsides.

Hi Motbuck. I was just quoting the Hargreaves Lansdown dividend history for Clipper, which is showing a 4.6% yield for FY ending 04/2020. Perhaps their algorithms messed up. Anyway, nice rally at close of trading today.