Wpp Share Discussion Threads

[nasdaqpat] 29/12/2016 11:20

You are too kind, dimerose. Best wishes to you and your family also for 2017.

[nasdaqpat] 28/12/2016 23:45

Somebody doesn't like your posts it seems, Invisage. In case you're wondering, it isn't me that is giving you the thumbs down.

[gateside] 28/12/2016 22:53

Great day with 16 up. Hopefully means will keep above +20% for the year.Bit out of the loop with news, as am in the Alpujarras mountains in southern Spain.

[invisage] 28/12/2016 21:16

I sold STOB today. Bought some more VVAL Good day today.

[nasdaqpat] 28/12/2016 16:45

Our portfolio slightly outperformed FTSE100 today albeit with only 26 Shares Up, 16 Down and 2 Unchanged (TRD made the difference). More tracker profits banked leaving overall stock level @ 48.7% with FTSE100 Tracker investments down to 30.5% which is getting close to our anticipated minimum level of 20.0%.

It now looks like FTSE100 will make a new ath in the current Segment with my previous estimate of 6677 + c08.00% leading to c7211 now firmly back on the table but almost certainly not until January and, hopefully, not before a reciprocal Down wave first.

[invisage] 23/12/2016 15:48

V good day for me too :-)

Good xmas all

[gateside] 23/12/2016 15:47

12 up3 level9 downWill be slightly up on day. Will adjust portfolio figures later.Merry Christmas to all who contribute to and who read this thread.

[nasdaqpat] 23/12/2016 13:40

Our portfolio slightly outperformed FTSE100 today with 23 Shares Up, 14 Down and 6 Unchanged. The week as a whole was good with our investments improving 01.23%. That was a moderate outperformance against the FTSE100 which was Up 00.80% (7012:7068). Overall, our assets were Up 00.75% on the week and have reached the highest point of the year (adjusted for income drawdown from SIPPs). The calendar year performance table now stands at :-

Gateside~~~+20.55%~~(The Gold medalist!)
FTSE100~~~~+16.87%~~(6242:7068 + 03.64% Dividend Yield)
FTSE AS~~~~+14.78%~~(3444:3834 + 03.46% Dividend Yield)
Videans~~~~+08.65%~~(Held our own again this week!)
FTSE250~~~~+06.82%~~(17205:17910 + 02.72% Dividend Yield)

Banked quite a lot of gains this week, particularly Tracker profits, so overall stock level reduced to 53.3% from 61.0% at the end of last week.

Seasons greetings to all contributors to this thread!

[nasdaqpat] 23/12/2016 00:19

Invisage,

There is always a corresponding deduction to the company's share price at the start of xd day but then market forces will take over and move an share price one way or the other. In the case of STOB, the reason it went up is because of the favourable RNS about more new routes...if it hadn't of gone xd the share price may well have risen c3.2% rather than 1.2%. Unless there is proof to the contrary via some sort of legitimate study, cash dividends are paid at the expense of a corresponding capital deduction which occurs on xd day.

With regard to BP. the situation is more complicated as many investors hold the stock purely for income and many don't really care about capital appreciation which is just as well as it is still down (30.00%) from its 1999 Bull high of c723p. BP. was due a recovery in the medium-term from the Deepwater Horizon spill of 2010 and I'm not surprised it is up 42.1% (354p:503p) so far this year. However, it could have been up c48.6% if it had not paid a 6.5% dividend albeit, if BP. did cut its dividend, investors would revolt and the stock's share price would be ravaged. The key point, though, is that dividends are paid directly at the expense of capital appreciation and its about time investors started to realise this and all this talk of yield is some kind of gigantic fraud, IMHO.

With regard to alternative uses for dividend cash, share buybacks are only one alternative. An even better use of the money, apart from constructive inward investment, could be to invest directly in other companies that are growing at a faster rate. VOD did quite well with Verizon as I recall...shame its balance sheet looks vulnerable now, possibly as a result of paying out too much in special and annual dividends which have negatively impacted capital growth, also IMHO.

[gateside] 22/12/2016 20:59

I'm travelling tomorrow so there will be no update.

Portfolio for 2016 is currently +20.55%

[gateside] 22/12/2016 20:57

The importance of dividends

[invisage] 22/12/2016 20:41

pat

your comment regarding dividends is not always true. So I hold STOB today it went ex div but the share price went up 1.2% and dividend was worth almost 2%.

BP. has been paying decent dividends the past year, 6.5% yield and it is up 44.7% this year.

A lot of people moan when companies buy back shares, they prefer dividends. So it is surprising to hear you prefer buy backs rather then dividends.

[nasdaqpat] 22/12/2016 19:34

Our portfolio moderately outperformed FTSE100 today with 32 Shares Up, 8 Down and 3 Unchanged. No trades at all today and stock level consequently fairly steady @ 54.9%.

[nasdaqpat] 22/12/2016 15:42

Come on 7080...I want to sell some more Tracker shares!

[gateside] 21/12/2016 22:55

With automatic dividend reinvestment, sometimes you pay a higher price sometimes you get a lower price. It averages out in the end, and I pay less money to my broker.

[invisage] 21/12/2016 21:37

I hear what you are saying Gateside - I prefer to take cash due to not wanting to potentially paying a high price for a share. Also the cash allows me to re-balance my portfolio or buy something new.

[gateside] 21/12/2016 19:37

Use to get dividends as cash, and save up till had a decent amount to re-invest in a company that looks cheap. Though I have now changed strategy and now I have all dividends automatically reinvested in the company who paid them, as it saves a bit extra on broker fees.

[invisage] 21/12/2016 18:53

Yes I tend to wait until I have a decent amount to invest in dividends, hoping we get a January sale to add some dividend money. Expect a few more dividends to roll in over the next month.

[gateside] 21/12/2016 17:55

My own personal tracker (My portfolio of 24 shares) slightly underperformed the Market today.

[nasdaqpat] 21/12/2016 16:41

Our shares slightly outperformed FTSE100 today with 22 Up, 17 Down and 4 Unchanged. Overall stock level now @ 54.8% following more profit taking in the AM.

[nasdaqpat] 21/12/2016 10:16

Reduced a bit more this morning...took advantage of strong initial moves for BVC, CEY, AMFW & SPT to bank some gains. Also reduced on both Trackers at around about 7054 so down to 42.8% stock level for Trackers & 54.9% overall.

FTSE100 could well have registered its short-term peak today @ 7057! It has put on 05.66% in the last 13 days (6679:7057) and is 05.69% ahead over the last 33 days (6677:7057). Once DOW comes off its mega wave, FTSE may well give back c(61.80%) of 2nd principal wave gains and slip back to c6823 which would be the next major Add point.

However, would prefer it to extend to c7080 short-term so I can cash more Tracker profits and come down to c35.0% stock level but the key consideration is the need
to bank some profits while they are there just in case they disappear.