Member Info for tacly

Looking at today's market, gold and gold producers up, drug (Astrazeneca) up, booze (Diageo) up, energy (Shell) up, food (Unilever) up. Most others mainly down.

Not looking good that CEO departs ahead of full-year results to be published in August.

I also been using WISE (used to be TransferWise) since 2017 but less recently. I have been watching their share price since flotation but haven't bought any yet. They are facing stiff competition from the like of Revolut that also offer similar money transfer service sometimes at a better rate so I'm not sure how WISE can distinguish themselves and survive long term.

I bought this twice so far averaging £20.23. According to ChatGRP, Diageo has a strong economic moat due to several competitive advantages:

-Brand Power

-Scale & Distribution

-Premiumization Strategy

-Strong Financials

-Market Positioning

So why is the share price still dropping?

Trustnet reported chair David Hunter as having no skin in the game in RGL. https://www.trustnet.com/news/13449170/the-investment-trust-managers-with-the-most-skin-in-the-game

Next dividend pay date is 05/06/2025. Total yield is 5.5% at the current share price. Since investing in Nov 2023 and with 5 dividends re-invested my holding is up 21% so its a not bad investment. 5.5% yield is higher than the majority of global dividend funds out there.

Bought a tiny bit this morning at £4.84 to reduce my overall average to £5. My gut feeling is that the worse is yet to come due to Trump talks about tariffs (inflation, higher interest rate) and reshoring (more borrowing to finance it, higher borrowing rate). So gilts/bonds yields could rise and existing gilts/bonds value drop. Unfortunately, Solvency II capital requirement is based on the present value of the gilts/bonds so in theory, Phoenix needs to deploy more capital to meet the SII requirement if the gilts/bonds value drop. Fortunately, according to 2024 interim result, Phoenix has a SII surplus of £3.5b which should give it some cushions.

A dividend of £0.4768 was received from IWEB today. I am now 5% up after receiving 2 dividends. This share is still paying 8% dividend base on today's share price of £22.70 and the last 4 dividends £1.85 (£0.4768+£0.4085+£0.4756+£0.4887) paid.

See https://www.msn.com/en-gb/money/other/a-10-3-yield-but-down-24-time-for-me-to-buy-more-of-this-hidden-ftse-gem/ar-BB1jpBDD?ocid=msedgntp

Target Price HK$34.31 - see https://pdf.dfcfw.com/pdf/H3_AP202403041625295271_1.pdf

Mar 2023, Target Price was HK$37.49 - see https://pdf.dfcfw.com/pdf/H3_AP202303021583957689_1.pdf

Mar 2022, Target Price was HK$73.25 - see https://pdf.dfcfw.com/pdf/H3_AP202203071551123207_1.PDF

Sep 2021, Target Price was HK$77.74 - see https://pdf.dfcfw.com/pdf/H3_AP202109171516738534_1.pdf

Posted by user unastubbs over at advfn: https://www.standard.co.uk/business/abrdn-boss-ceo-pay-bonus-funds-shareholders-customers-aberdeen-asset-management-standard-life-b1141743.html

Bonus of £800k for Bird is a reward for failure.

I finally took the plunge I bought some last month at £22.21 with a dividend just shy of 8% at that price. I am going to hold and will buy more if the price drop such that dividend is over 8%.

After 1 year 9 months with 7 dividend reinvested I am finally sitting on a tiny 1% profit. Next ex-dividend date is 14/12/2023, payable on 29/12/2023. Current dividend yield is 8.76% at the current share price. I'll continue to hold but won't be re-investing the dividend as other companies such as M&G and Phoenix are paying 9%-10% dividends. Experts are divided as to whether a recession will hit us next year. My strategy is to buy high dividend (8%-10%) paying shares to live out any recession as well as holding some cash to take advantage of any drop in share price.

A good place to hold cash is Royal London Short-Term Money Market which is paying over 5% at the moment.

I bought some for income, which at this share price, seem good. In term of capital gain, this share has a hopeless history.

Yep, got the dividend today and auto reinvested. Still 25% down after 3 years of 'investment' !

There is an article here about stocks picked from randomly throwing darts beating the "experts" : https://www.marketwatch.com/story/random-darts-beat-hedge-fund-stars-again-2019-06-26

See https://www.thisismoney.co.uk/money/markets/article-12173175/M-G-track-accomplish-targets-strong-start-2023.html

This is beginning to look interesting. Very low daily trading. It has gone down from a peak of just over £26 this year to £23 now. Dividend seem to have gone up and changed from 1 distribution a year to 4. See https://www.markets.iweb-sharedealing.co.uk/etf-centre/details/LU0292096186/B4R5 . Last year's dividend dates also differ from this year's - see https://uk.advfn.com/stock-market/london/xgl-div100-sw-XGSD/share-news . Full list of companies in the index can be found on this page https://etf.dws.com/en-gb/LU0292096186-stoxx-global-select-dividend-100-swap-ucits-etf-1d/ .