Member Info for Twonko

Victoria2, I have no doubt you have bought wisely, but be careful what you read on these forums. Some (but not all) people talk utter garbage but can make it sound almost reasonable. The best policy I find is to read-but-verify.

Well thankfully I decided on Sunday that dogs dinner or not, £13 was too cheap so I put in a fill order and went to bed, where I dreamt I was being caressed by an old girlfriend who I had nearly forgotten about. Which is kind of what GSK has been doing to my NPV all week. I might ask the same question about LGEN next week to see if it has the same effect.

@billywig. Who's talking about selling? Since I first bought in 2011, I have bought biggish chunks on a further half dozen or more occasions and have never sold any. GSK is my largest single holding, though close to being second to LGEN in all probability. I am very well aware of the divs, which is why I have the shares. My point, if I am making a point at all, which I don't think I am, is that these shares are currently worth around 20% less than they were 9 years ago. Not much that I can think of in this life represents fantastic value if it depreciates by that much . If you think that makes it a bargain, then get your wallet out. If you think it's a dogs dinner, then put your money in the post office. Me? I am undecided, which is partly why I ask the question, though I I intend to do nothing except collect the divs and sincerely hope that I never have to modify that strategy. And I may buy more. Who knows?

These are now cheaper than when I first bought them in 2011 (£13.02). According to the Bank of England's inflation calculator, £13.02 would equate to £15.98 at today's prices, so GSK are about 20% cheaper now than they were in 2011. Buying opportunity or dog's dinner?

This place is one of the worst boards for morons abusing each other. Why not take it elsewhere so the grown ups can talk about ITM?

And I am way more worried about Brexit than Covid. Brexit is the narcissistic Johnson's vanity project, the same as it was for that buffoon Farage. The racism that brought it about will cost every tax payer dear over the coming years and lead the fragmenting UK down a path of mediocrity. This process has already begun. Covid on the other hand will inevitably be managed, because it has to be and will be a temporary, though expensive inconvenience. Not that thicko Johnson and his bunch of halfwit underperformers in Cabinet have got any more idea about that than he has about Brexit.

Your life savings into one share? Nuts. Why not put it all on black? It would be quicker.

That's not quite how it works. The government don't top your pension up. You just pay it prior to tax. It amounts to the same thing arithmetically and on PAYE, it happens automically except for higher rate tax payers who have to claim the additional 20% back through a tax return. And while I'm on the subject, God help anyone who has to deal with HMRC. They are the most incompetent and ignorant buffoons it has ever been my misfortune to need to deal with. At least they paid me £50 compensation and £20 for phone calls. Thank you tax payers everywhere.

I do recall buying my first block of GSK in 2011 for 1302. I still have those shares and many more since, many of which were bought for more than today's SP. To see this price is disappointing, but since I've never sold any GSK, I guess it doen't matter. I will probably hold them until I die. Provided that the div holds, this price means a return of about 5.5% and the prospect of capital gain when the split occurs. I am wary of falling knives, but this one may just be worth grabbing.
BTW, nice post Trek.

I havea tiny (by my standards) holding in TW and liked it for the div, which made selling them pointless. Without the div, I can now sell them at a substantial loss or sit and wait, which is what I will do. Talk of £5 a share is fanciful nonsense and these boards are littered with the corpses of folks who have historically made similar unsubstantiated claims for their particular choice of snake oil. Nevertheless I am sometimes tempted to dabble a little. Probably won't though.

Well... someone below was right about 3% except it went down and not up, "Boom" indeed. GSK is my single biggest holding and I have a lot of them, mostly held for many years, though I have dabbled a little recently. Sound as a pound going forward in my opinion, just as they have always been and at this price (1562), I have added more than my adviser said I should. The div is well coverered too. Also, whoever it was who said a few posts back that ULVR was a buy at a good price might look again. They are about as high now as they have ever been, certainly for a year or more. I have none now, but have done OK in the past with them, but even a couple of months back they were tickling near the £40-41 mark and that would have been a lot more sensible, especially as they dodged the worst of the Covid shenanigans.

Solid investors trade as infrequently as possible. If I was only able to invest £500 a month, I would trade no more than once a quarter. Maybe less. Still, your money. Keeps it cheaper for the rest of us.

£500 a time does mean you will be paying hefty dealing fees.

Figgsey iIt's not a fund matey. It's a share. What is your reasoning for claiming it will go up 10% tomorrow? Do you have a reason? Why is it inique? Why is it hard at the top? So many questions.

@Easy Livin. Tesla is a car maker for sure despite your daft assertion.

Why should the SP be around 17? In a free market, the SP should be around the price it is, if not exactly the price it is. If you think it's low, then buy some more. All we do when we buy shares is think we know better than the person selling them. Sometimes we are gloriously right (SMT are my current best friends) and sometimes we buy TW. The price just is.

Dodgy maths there zac, £563 plus £2876 doesn’t equal £563. I take your point though and hold 2 L&G trusts in my portfolio, among others. Before covid, LGEN was definitely worth holding and I continue to hold a substantial number, mainly for the div. I hope it continues. we will see.

Brucey boy you would be a lot more convincing if you didn't just go around your favourite boards (like first deriv, where you are just about the only contributor) ramping your opinions. In any event, isn't making investment recommendations not allowed on the board?

Agreed. On Monday I sold a gold fund which has gone up 33% since I bought it in November and took a handsome profit which will nearly pay my entire tax bill for next year. Since I sold it has gone up a further 2%. It’s a little annoying, but the first profit is the best one as they say. You cannot time the market, so why bother trying?

On the other hand tuckupp, you could be like the vast majority of people, including me and some colleagues got it (we are all key workers) when we got it, and have a mildly raised temperature, a bit of muscular aching, a slight shortness of breath, no noticeable cough and feel dead lethargic but basically OK. I agree stay at home and prevent the spread, but the terror tactics are really dumb and your assertion that we *will* suffer badly is patently untrue.