Wpp Share Discussion Threads

[nasdaqpat] 07/4/2017 20:32

No, +02.77% is for the starting portfolio as a whole...if we had been say 80% invested, on a pro rata basis, our portfolio performance could have been around about +4.4%.

Basically, we all should have started with a fixed portfolio amount, say £200,000, made up of cash and shares. If we Add fresh money to the portfolio then the sums added have to be deducted from the current portfolio value when calculating the ytd performance. Conversely, if we deduct money from the portfolio (we need to drawdown money for income) then that is Added back when calculating the YTD performance.

Obviously, if one is in a position to Add further funds to the portfolio throughout the year, then in a rising market more profits should be generated and an advantage has been gained. However, that is OK as long as the original sums Added are deducted from the ytd calculation.

So, for example, if you started with a portfolio of say £200,000 but were able to Add £10,000 more investment in the first part of the year and the current ytd valuation is £216,000 then the ytd performance would be +03.00% (£216,000 minus £10,000 divided by £200,000).

I'm a bit surprised that I should have needed to explain this to you, Invisage, and it makes me wonder whether or not your returns have been entirely accurate?

[invisage] 07/4/2017 19:46

pat

your +2.77% performance, is that at 50% investment level? So being half invested your performance is approx 1.4% as you hold 50% cash?

[nasdaqpat] 07/4/2017 17:50

Our investments slightly underperformed today with a gain of 0.51% as opposed to 0.63% for FTSE100. With regard to our 31 shares, we had 17 finish Up, 12 Down & 2 Unchanged.

For the week as a whole our investments ended up improving 01.21% which was a significant outperformance against the FTSE100 which was Up 00.36% (7323:7349). Overall, our assets were Up 00.58% on the week. The calendar year performance table is shown below :-

FTSE250~~~~~+07.04%~~(18077:19230 + 00.66% Dividend Yield)
FTSE AS~~~~~+04.41%~~(3873:4010 + 00.87% Dividend Yield)
FTSE100~~~~~+03.81%~~(7143:7349 + 00.93% Dividend Yield)
Invisage~~~~+03.70%~~(Another underperforming week)
Gateside~~~~+03.01%~~(Very strong week)
Videans~~~~~+02.77%~~(Another good all-round week)

Stock level increased to 50.7% from 47.5% at the end of last week.

[nasdaqpat] 07/4/2017 13:32

Indeed!

NFP 98,000 (expected 180,000)...still hasn't sold off...I'm off to bed!

[essentialinvestor] 07/4/2017 13:22

Pat, just thought the post vote pervasive doom was a tad overdone ).

[nasdaqpat] 07/4/2017 13:12

Still a good return though EI.

Compensated for the ITV purchase by a reduction on VUKE so back down to stock level of 50.6%.

NFP in 20 mins...watching Bloomberg now but ready for siesta.

[essentialinvestor] 07/4/2017 12:55

I sold at 1.96 unfortunately, bought at 1.67 on the post referendum plunge.

[nasdaqpat] 07/4/2017 12:51

Bit uncomfortable being out of ITV so re-bought initial tranche...up to 31 companies with stock level now @ 51.7%.

[nasdaqpat] 06/4/2017 17:09

Our investments moderately outperformed today with a gain of 0.10% (good TU from TRD) as opposed to a decline of (0.39%) for FTSE100. Of our 30 shares, 13 closed Up, 15 Down & 2 Unchanged. Stock level increased to 50.7%.

[nasdaqpat] 06/4/2017 13:31

Spin it out a bit longer, Mr Market, why don't you!

[essentialinvestor] 06/4/2017 10:56

Added significantly to my DLG, small amount of SL. WG. and SKG,
another LLOY buy at 62.92. Sold a few lots of HTSN.
Bought back a small amount of the SHRS sold on the recent pop.

GSK not at the level where I would add.

[nasdaqpat] 06/4/2017 09:07

FTSE @ the earlier 7258 still hasn't established its second wave Down in the alleged correction...a move below 7256 is required. However, this now looks inevitable and we are probably looking @ c(04.50%) leading to c7053 for the second of what could be a wave count in double figures.

I shouldn't really be Buying or Adding in this market but I'm not immune to btfd which appears to be gripping so many other investors.

[nasdaqpat] 06/4/2017 08:27

Added to VUKE & re-bought initial tranche of XASX so back up to 30 companies with stock level @ 50.7%.

[gateside] 06/4/2017 07:29

Which shares will I be selling? For starters I will be selling the few not in my ISA, and will use the proceeds to add to my new ISA allowance. But will wait to reinvest the money, as we will be due a correction in the Markets most likely over the summer.

[cousin jack] 05/4/2017 22:02

Yes, should have made clear that DOM AND DTY would just be trades. In fact almost anything I buy at the moment will be unless (like SSE) it pays a good dividend. Glad I've found this thread.....seem some sensible exchanges of ideas.

[essentialinvestor] 05/4/2017 21:36

Jack on DOM just wonder if we are seeing a structural change in the casual dining/food
home delivery market?. With Just Eat, Hungry House etc, there are now so
many options available. Just a few years ago DOM was one of the few.
A hell of a lot more choice now. DOM perhaps overdue a bounce, but longer term
may be worth keeping in mind.

[cousin jack] 05/4/2017 21:29

Agree EI - opportunities scarce. Picked up SSE a few days ago at ( hopefully) near base of trading range. At least it pays a good dividend even if price doesn't move back up for a while. Have been trading KWE - no stamp duty so just accumulating marginal gains. Added to MANX too which looks like it may be starting to move north at last.

Watching DOM (surely near a turn), DTY (will buy under £24 for a trade) and DLG.

Perhaps US markets tonight indicating some levelling off at last.

[nasdaqpat] 05/4/2017 19:27

At the earlier 20887, DOW has recovered (in 7 days) 62.70% of the 18 day Down wave (21169:20413). That could be enough but there is a good chance of a spike up on Friday (NFP) which could be the optimum day to sell a chunk of shares.

[essentialinvestor] 05/4/2017 19:09

Fair enough, but personally did not share that view last year, mentioned
on the SHA board multiple times over the summer that saw markets moving
significantly higher and had a low % cash until recently.

Precise timing is exceptionally difficult, the market is known as .. the great
humiliator.. for a good reason.

[invisage] 05/4/2017 19:04

You could have said that 12 months ago too EI. That hasn't stopped prices going higher.

[essentialinvestor] 05/4/2017 18:48

Hi Jack, at these levels there are no new companies I have to add,
there are lots I would love to.


The ideas are adding to existing holdings in GSK and DLG, buying WG
on any dip(hoping there may be some give back following today).
Adding LLOY on any XD dip, bought earlier today. And adding to one existing
IT holding. If feeling brave would also like some more SL., again existing holding.

Some prices are looking borderline ridiculous to me atm.

If HSTN comes back a bit will add. But no new company ideas.

[cousin jack] 05/4/2017 18:06

EI: At 15.50 you commented (elsewhere) that you were almost out of ideas. At 17.39 you commented (here) that you had ideas lined up. You clearly had a very inspirational two hours ! Seriously though, some very impressive trading recently. Unlike me you seem to have an uncanny knack of not waiting too long for target buy prices that are never quite reached .......

[essentialinvestor] 05/4/2017 17:39

Goodness me we must be near clear blue sky sentiment here.

Sold more of my HSTN above 1.21, sold some SHRS over 2.43, added SKG.
Bought a small amount of LLOY.

Traded WG, and HLCL, WG looks very interesting to me longer term.

Well above my 35% cash rule at the close, however have some ideas lined up
over the next week.

[nasdaqpat] 05/4/2017 16:53

Partly thanks to VUKE dividends, our investments significantly outperformed today with a gain of 0.71% as opposed to 0.13% for FTSE100. Of our remaining 29 shares, 17 closed Up, 10 Down & 2 Unchanged. Top sliced L100 so overall stock level down to 48.2%.

Selling XAR wasn't such a good move after all. Doh!!!