Member Info for Temple_of_Doom

An annual charge of 1%? Ridiculous shop around.

Looks like someoner dumped a lot of shares in Nigeria today and yesterday.

Chart parallel lines suggest 196 was the local low ...

To consider yield or not really depends upon the vehicle used to hold investments. Out of a Tax shelter like a SIPP or ISA ... yield is taxed after £2,000 pa income whereas capital gains are taxed after £12,500 pa of gains.

So after using up one's dividend allowances, it makes sense to invest in funds with low yield, seeking capital growth.

In a tax shelter ... it doesn't make a lot of difference whether one looks for yield or accumulation save anyone on the short side having to return any dividend back to the share owner.

For a fund like HFEL it trades on a surplus to NAV whereas others trade at a heavy discount.

AIF being one with a heavy discount, that rectified that imbalance the past few days with a 10% increase in value.

So the argument is moot.

Another provider has it listed on 13th September

27th August was dividend currency election ....

Out now … thanks AIF ;)

123p target then.

"then along came the inflation worries" .. high interest rates are good for banks usually.

The question for Lloyds though is the degree of leverage of the UK population for the housing market, and defaults.

You talking about those people that didn’t give two hoots about the economic downsides of Brexit because they thought the triple lock would protect them from economic downsides ….

…. But are sure as heck complaining that they don’t get their 8.8% pension increases this year …..

Those people?

Do you mind selling so the rest of us can make a profit.

;)

Rversing from Beri back into Seplat now ....

From the monthly fact sheet …

“ Most of the investments in this portfolio are not made in Sterling, so exchange rates could affect the value and income from your investment.“

Obviously, a stronger £ means income in foreign currencies are reduced …

The MMs were caught napping with Sepl going Ex divi on Wednesday ... and a HFT has been switched on to the downside from what I can see .... so looks like its been oversold ...

.. but the bearish news is coming out on oil, with US rig counts still rising, especially today, so we will see ...

As always could go lower could go higher.

Loaded back up this morning.

Yup got a few more at 112 down to 110.75.

These companies should sell stock and buy back shares …. With a 20% discount…. The only reason they choose not to is because it reduces their income.

Surely the BoD are out of a job if the company is dissolved .. and so they should be.

Hooray up she rises …. Obvious.

Divi declared for September with the company to be wound up is my guess.

The Directors have shot themselves in the foot .. but the 20% discount speaks for itself.