Effix, my whole paragraph was meant to tongue in cheek, sarcastic! But as you don’t seem to get that, I do believe DRX decisions are based on that, if you agree that electricity supply is seasonal and demand increases in the winter then investment decisions can be made on that! Show me a FTSE 250 company that isn’t owned by institutions, what’s your point?
Me too, DRX always goes down in summer when everyone forgets that we need electricity, then when the lights go out in winter everyone realises that DRX is a major contributor to the the grid. That’s like asking if electricity has a future? Doh!
I think we all feel like that sometimes Woodstock, it’s just par for course as they say. Mine tend to take 12 months + to come to fruition, I dare most people tend to feel like that, patience is the key.
I will also add that LastCall was very helpful to me yesterday, thank you. So I’d say give him a chance. I’m long on VOD like most on here but only just bought my first lot in June pre divi and then some more after, down at 177. If it goes down to 150, that will be due to divi cut I suspect.
Daniel I think we could learn from LastCall to be honest, at least he’s prepared to state his position and reasons why. You just need to look beyond the rhetoric. I don’t even mind been called a TT, I think it’s funny! How long you been retired then, from what? Mortgage paid off? How many others on here are retired then? Be good to know what the demographic is here? I’m not but wish I was, got two to get through uni, before any of that come into my view.
I’ve so much to catch upon. Needed some teletubbie night night, as I’m 2 hours ahead at the moment. For what it’s worth here’s my prediction SP End of Aug....180 End Sept 179 End Oct 182 We could see a bull and bear battle here, if it holds 190 or above for any length, shorts will close, might depend on the hand the new CEO plays, if it’s all doom and gloom LC could be correct!
Thanks LC, see you back at Vod sometime! You think this rally is for the divi 20th Sept? Anyway my holiday in Greece is over now so I may not post that often now, but I’ll look out for you and you insiteful posts and don’t let’m get you down, they’re the insane ones not you or I. One day I’m going to pack it all in and seek Alpha too.
Like the banter with snip it’s of technical oversight. Most don’t get though, think your undermining their positions. Markets go two ways, never in a straight line and up isn’t always followed by down or visa versa, learnt that shorting the FTSE when it first reached 7000! Always learning you see, I’m in VOD, but only recently half before divi half after, so I’m up ATM, but could go down not bothered though, I can add, stick or fold my choice! I think Drax is in for tumble over the next week or so, nearly at year high, have look and let me know what you think!
I see that Last, that you managing your risk, I understand and I agree most others don’t. Also most on LSE don’t get shorting, so they turn to the hater side of the fence. I see that happening everywhere on LSE. I like you, you’ve made me re-evaluate some things over the last few days. A few more need to open their eyes! 👀 Alway need to learn, perhaps Costa has? Others might
It’s a free world, anyone can post anything, if you choose to read or listen that’s up to you, you can even throw your toys out the pram too. But I will say this, you need to have a balanced view of the world and dot just **** out people who you disagree with. Oh and Tom, thanks for the calc that everyone else did 10 hrs ago.
I’ve heard good things about AJ Bell, if I had my choice again I’d probably go with them. I’ve recommended to a few guys too who seem pleased. Cheaper then HL who I’m with, but can’t be bothered swapping. You gonna set up a SiPP then LC? Might you put some Vod shares into it?
I suspect there’s a 10% or minimum £1 deal charge on reinvestment plus stamp/tax. So that probably around £8.50 ish, which means that little reinvestment cost Costa around 10-11% of his dividend! Oops!
Costa do you see a charge for stamp duty and commission/broker fees? That could be why. I don’t auto reinvest anything, better to take the cash and when you’ve added other divi income and top ups, to build up a cash reserve then purchase new shares in whatever you fancy, be it Vod or something else, that reduces dealing fees and tax.