Member Info for SD235

Greasedizzy
It will only go up when it's portfolio goes up. The premium is still there. The share price is tracking the NAV down.
I think we will have to hope growth doesn't continue to take a kicking. Inflation/interest rates rising is what is scaring the buyers away.

Dow Jones 34,535.25 +170.75 +0.50%
NASDAQ 13,553.76 -301.37 -2.18%
8pm UK
Growth still taking a kicking.
Value holding up well. Suffered Monday other than that holding there own.
Cheers me up a bit!

"My legal and general march purchase look like they are going to overtake Smithson on share price gain"
That's March 2020

As they still trade on a premium then find it difficult to blame the managers.
The market has turned against growth. A problem that's difficult to predict without hindsight.
Or my2penneth crystal ball!

Bought mine March 2020.
Was up 126% a few weeks back now 80%. Painful!
My legal and general march purchase look like they are going to overtake Smithson on share price gain!!
Come to think of it with the dividend they have!
Oh well the share price will recover.... eventually!

Robelo
Supposedly it's inverse. Interst rates that is.
But when they say that they are normally talking about car house etc. I don't think it relates very well to annuities.
The bonds they hold are to pay annuities so they hold to redemption. Changes in the secondary market are irrelevant but do the bonds reach redemption at the same time as the annuities holders die? Or will they have to replace them lower yielding bonds?

Better

Beginning to look like a crash....for growth.
Value holding up well.

Scutzy
Thanks interesting articles

No move on the share price though?
How do you come to the 8% dividend?

Bismark
Don't forget the dilution when they sold shares well below the prevailing market price.

phil24681
Risky I know.
The ones I am keeping were bought at 166p and as you can guess a very nice dividend. But the maths, in my case makes it worth the risk of sellingand buy back...if I win!

"It will mean I can't take the equivalent (to the dividend) out off sipp without paying tax."
Should have read I CAN take the equivalent out of SIPP with out paying tax.

Trouts yes selling day before.
One lot in sipp.
Not buying back taking money to put in isa, as won't have to pay tax on it.
Second lot in Fund and share account. Selling day before (probably) buy back setting limit order at ?? (Not decided). Aiming to loose nothing ie cover costs plus dividend. It will mean I can't take the equivalent (to the dividend) out off sipp without paying tax.
Pushing my luck but suspect legal and general will fall for a week or two after....hopefully.
Will use all the money to buy back hence have a larger dividend in the future, hopefully.

Is/was there a post that has been removed in reference to 10 bagger?
If I clink on it it goes to page not available.
I assume that is called ramping?

thechancers
Very good buy in price during covid.
About a 50% fall from say November 2019 to the March low.

NervousNelly
Spank me :)

I have always thought the spread is excessive. I noticed at the top of the page only 12 trades Friday?
There are plenty of companies of the same size with much narrow spreads.
Is it reasonable to assume its a product of poor liquidity??

Oh I forgot please!

I can't remember what they are?
Someone define them for me?