The 6 month TA chart trend support line is around 2600-2700 pence, will it pull back that far after XD is something we will have to wait and see, IF it does there is your buying opportunity with the dividend in the bag..
235 pence a year dividends paid quarterly is hard to trade around so I do not, just hoover up the income and use that to add or buy else where..
3000 would have been nice to see, but just a CG on the screen to look at not crystallize.. :o) |
Is 2750p on the cards, before ex div or after ex div, that is the question. |
May be more than five years nemesis6 if Reeves changes rules on age you can access your pension pot. |
its in my SIPP...so not the end of the world will be at least 5 yr till i have access |
Drop I suspect.
If you hold as part of a balanced portfolio I don't really see the issue here. Sure it would be great if it got to 3000 pre divi but as a long term holder I am happy to bank the divi and see others doing well while this falls a little.
Good luck all 👍🏻 |
gulp what a drop....whats it gonna do on exdivvi day? |
With US interest rate moving down plus bigger rate cut yesterday , BATs will definitely moving down fast , very soon under £28 due to US$ exchange rate against £ . |
I have bought my final lot of bats shares this morning. Strictly buying no more as getting overweight here. Xd next week. |
Back In for Divi and the reverse I hope |
Neilson report certainly damaged tobacco shares, wonder if they do a report on how vapes etc booming. |
Interesting reaction to the cut in the US. Up quickly then back down to end negative on the day.
Can't see the BOE doing anything tomorrow and yeah getting sub 5% if they did from cash would be hard to take......lol
Good luck all 👍🏻 |
Well .5% cut, will the BOE cut tomorrow, hope not got cash on deposit, lol |
Any of you guys in zim or pbr-a? |
Thanks for your thoughts llb. Yes I've also been in shares where divis have been slashed. But often the price is moribund and the market pretty much indicating a cut on the way. My two current overweight shares seem different to me. SQZ was priced for much worse than the worst case scenario under the punitive windfall tax regime imo and is now recovering back towards a more sensible yield imo. I'll keep riding it for now to see if it gets there. Similarly SBLK has serious growth aspirations which should help to ensure the divi is maintained imo. Again I'll be watching ready to trim at first signs of trouble! |
7pm monty. 7:30 press conference from the Jerome. |
love the way its just after we shut |
Fed decision 6pm uk time I think. Hopefully .5% otherwise could be fun tomorrow. |
#Spawny100, as hard as it is, think long term portfolio dividend cover sustainability, I have had 3 of my big PF dividend payers cut in half or cut to zero over the last year or 2, VOD/DLG/DEC, it can and will happen IF share prices soften and yields rise they become unsustainable, companies retain more of their earnings and typically pay down debt with it or use it for buybacks..
I also had a some good luck rolling the dice on a couple of AIM stocks a decade ago and got away with it but never push your luck too far, it will bite back..
A 4% * 25, or 5% * 20 with a 5/6% yield offers far better protection through diversification from black swan events and staying in the game is what matters over a lifetime, not getting blown out of the water half across towards retirement and sinking..
That said, I am overweight NG right now after the RI offered up the chance to double down on the position but they do have a monopoly in the UK with a huge moat and barrier to entry from competition, BATS/IMB have also had a cracking run over the summer lifting their weightings too.. :o)
The chart here looked a bit toppy at 2975 so not at all surprised to see it pullback a quid, and hopefully with a FED rate cut tonight the next leg will get underway into the XD 26th.. |
Yes yield can be a great temptation! My pf yield of 11% is due to being very overweight in SQZ (picked up at 112) and SBLK (picked up at 20 dollars). |
Outside of ETF's I have 18 UK listed stocks and 16 in the US.
I get into overweight positions at times, normally when the market goes against me in some sectors such as energy / miners, but find it hard to rebalance because of the yields on offer in some of them.
I must try harder I guess as nothing is guaranteed in terms of the lifetime of a company as we have all seen before.
Good luck all 👍🏻 |
Llb 4%*25 is probably wise thing to do and I'm wondering if I should rebalance as I have several overweight positions currently. Having said that I made my initial lump with a 100%*1 investment but I don't think I'll ever risk that again. It paid my mortgage off though and enabled me to start building a dividend portfolio with the rest with a view to retirement in 10 years or so. Current yield on the portfolio is around 11% which is quite brilliant if it holds! |
If they only cut .25% I don't think market will like that. I think they expect .5% |
Spawny Ah yes the infamous Marconi. But did you own the predecessor, Ferranti! Still have that share certificate on my toilet wall. |
Yeah it really is a coin toss monty.
Some are saying don't worry about it as long as by year end they have cut by .75 or 1%.
Chair Powell spoke with a tone of moving by 50bps today, in my opinion, but will that spook the markets into thinking a soft landing isn't achievable?? Maybe going softer today will keep the market and general consumer sentiment more stable.
Good luck all 👍🏻 |
Market moving event today, will the Fed cut 0.5% or 0.25%. Would not like to call it. |