Member Info for Thronegames

According to DividendMax site it's 11.3% yield.. My divi payments from elsewhere will be invested here if it stays around this price. It was a major mistake, not having cash to invest when opportunity like this presents itself. Does anyone see the yield dropping?

If I had cash, I'd have done the same. Teaches me a lesson that I need to have a cash reserve to take advantage of such opportunities instead of being fully invested. 10% discount on yesterday's price seems like a good deal.

goalie1 can you explain that metaphor; "release the recession kraken" for the uninitiated - such as myself! Also does "juicy" mean 'sweet ' or blood in the streets? I will lap up any positive news! So if it's negative, please do not reply!! :)

Just used my divis from here and elsewhere to top up by a small amount. 13% yield was an attraction, even if I have to pay 15% tax. Strong dollar translates into more cash this side of the pond! I had considered IMB, RIO, LGEN and a couple of others but DEC won my attention. Again.

Onepoundfish, can you clarify why you would not be concerned? Genuine question; wondering about the reasons for your implicit optimism.

Hi, I am considering buying into this share. However I can't make sense of the low share price and high dividend yield given the company's fundamentals. Am I missing something here? Is there a geopolitical risk baked into the share price? Any insights / comments welcome.

Special dividend coming up in July? Opinions?

driftking you are obviously watching macroeconomic trends closely. Are you expecting a longer term bear market for stocks? My own view is that bond yields and deposit interest return so little that there is nowhere else for smart money to go except into the stock market. I'm thinking on your opinion, though.

As per my post last week I had sold at 60.75. Again, maybe a mistake. About 6.5% gain in number of shares after charges. Time will tell if I am a lucky or an unlucky fool! Time and experience has taught me one thing - that neither I nor anyone else can predict the direction of the stock market or of an individual SP. Anytime I hear someone telling me "this stock will be £X by Xmas", I just ignore them. Similarly those who advocate ignoring the SP and holding forever. More and more I question whether stocks are the place for me to have my money. Dividend yield is the only solid reason that convinces me to be here.

Well LGEN could be a good buy at this price. It does seem to be a bellwether of the FTSE 100 and the market trend in general. I'm overweight in this stock but still looking at adding more. Monday should see a positive open but if there is further weakness next week, it could be a good time to buy. IMO.

Tom 78: "It's hard to know what to do at the moment". I agree; we are all getting hammered. My strategy is that I will stay invested. I remember around 1999 I invested in Microsoft, thinking "This is a sure thing". That stock drifted sideways for about 10 years afterwards. It is impossible to know where to invest. At least with a dividend stock like this we get some return.

GettingBy, don't let your broker away with that. Stocktrade charged me 30% Withholding tax on dividends but I had a row with them and now they apply 15% on dividends for last year or so. W8BEN is applicable as the tax is being withheld in the U.S even though DEC is listed in London.Also having been around this board for the last couple of years I have not come across one poster here who pays 30%. Your broker is 100% wrong. Furthermore, according to the Double Taxation Treaty between UK and USA, if your dividends are paid into a UK Pension fund like a SIPP then 0% tax is due. Having said that , it is your responsibility to have W8BEN filed in order to avail of the 15% rate. IMO etc.

I took advantage of today's SP uplift following Jeffreys' upgrade to buy from hold. I took a chance and sold at 6078 in the hope of getting in cheaper before Aug ex div. Could be a big mistake, but I have about 15% profit and seemed to make sense.

Roofers and TSE. You highlight another conundrum for me as to how new shares are purchased by the company and allocated as scrip dividends and auto reinvestment. And at what price-date are they allocated? - ex div date or div payment date? Doesn't matter too much. I'm just curious. I can't find answers though!

Buyerjoe, it's difficult to know, isn't it?! I'm holding on here for dividends.

China variables dictate. Factory data and reopening post new COVID scare in China. Ukraine invasion is a wet blanket for all stocks. Inflation data and rate hikes also scare. For RIO sp though, I would say China economy is the central driver. The trend on the HSI has been positive over the last few days. Has anyone else noticed a correlation with RIO?

Well, Temple of Doom you live up to your name there! Have you any rationale to provide as to why I might buy here? Any advice welcome! Please don't say 'DYOR'!

I'm on the verge of getting in here for a couple of reasons. Firstly, Chinese shares have been hammered, particularly in the tech sector. I did reduce my exposure to Chinese funds about 9 months ago but at these levels they represent value IMO. Secondly, the yield here looks very good. With China coming out of draconian lockdown, I think sentiment has now turned the corner. Also some recent softer noises on regulation from China indicates that they want a strong, buoyant stock market. I've missed the last quarterly divi, but I can live with that. All IMO etc etc...I wonder has anyone on a message board ever been sued for misleading others?!!!

Trotsky, yes this is very close to what I am doing. Have moved from U.S. growth stocks to UK high yielders over the last 8 months or so, though I still retain some of the former. I reinvest my dividends quarterly, sometimes into new holdings. Lloyds for example looks attractive to me at the moment. My fault is perhaps that I do not have a clearly defined strategy. For example, a poster on another board says he just sells if he gets a 10% profit and then sits on cash or else moves elsewhere. Maybe he's right. What do you think?

We went ex div yesterday; it's always Thursday for FTSE shares. The ex divi drop in SP is normal. I'll use my payment on 30 Jun to buy shares in other companies. I fancy Lloyds at the mo in an increasing interest rate environment. My purchase price is just shy of 1.14 so I'm happy to hold at +10% gain and keep collecting the divis, even though I pay 15% tax.