Pace Plc Share Discussion Threads

[sikhthetech] 09/11/2018 16:12

Majority of my investments are now outside of direct shares...

4 from me to think about, plus property...

LLOY 59p
SBRY 322p
TLY 16p
VOD 144p

PROPERTY:
COMMERCIAL - CP+
STUDENT - ESP
GROUND RENTS - GRIO



a word of caution on RTHM.. there are several red flags ...
New management, 3 CEOs and 2 CFOs within a period of about a year...
Their Sept TU didn't mention any cash balance and the CFO resigned immediately...



dyor...

[blunderbuss] 09/11/2018 14:42

Goodbye all and thanks for all the insights over the years which I would love to have reciprocated.
I’m still holding the equivalent of 25% of my original Pace stake, but some of you sellers may like to look at Sirius, which will maybe give you a similar ride to Pace.
Buena fortuna!

[bashor] 09/11/2018 14:25

Enjoy your retirement in good health sleepless1

[sikhthetech] 09/11/2018 14:23

Sleepless,

Well done.. Good luck and happy retirement...

[bashor] 09/11/2018 14:11

Beaubleep you never fail to crack me up, how you managed to get away with not giving MP your SL all those years ago I’ll never know

[beaubleep] 09/11/2018 14:08

Nice one Sleepless, very happy for you.

[sleepless1] 09/11/2018 13:50

Hello everybody. Well I am sure from my previous historic posts that most of you are aware that I am now quite ancient but luckily I have been able to hang in here for this fortuitous outcome. No more investing for myself, Pace has enabled myself and my Mrs to purchase our dream home and now to enjoy our retirement even more. I wish you ALL the very best but mostly thankyou for your lasting company. Best Wishes Everyone. Rgds.,S1.

[bashor] 09/11/2018 13:11

Beaubleep, why did you go with RDSA and not RDSB?

[1gw] 09/11/2018 11:03

It looks like I'm a bit of an outlier in terms of portfolio selection then. Around 4 years ago I had about 25% of my portfolio in Pace and another 25% in a collection of UK housebuilders and was concerned about the concentration risk.

Since then I've worked towards spreading the risk in terms of individual stocks and sectors, helped by having new money coming in (pension transfer). I have a notional limit of around 10% in any one stock and an aim to have around 20-30 stocks. I currently have 3 stocks that breach that limit (largest is 13%).

However, although it is better diversified from a stock/sector concentration risk, the portfolio is currently skewed towards high risk, generally small- or micro- cap, plays. I hope I have spread the bets widely enough and done enough due diligence that this will pay off, with the occasional big winner enough to offset those that don't make it. After 2 very good years, this year so far is handing back a lot of last year's gains - and I think that comes with the territory of a portfolio of individually risky selections. If 1 or 2 do come good then my intention would be to reinvest in some less risky stocks (and I do have my eye on LLOY in that regard) and I may do that with some of the ARRS proceeds but I keep getting seduced by the more exciting plays. I have at times held biggish positions in country-specific ETFs and megacaps (AAPL, GOOGL) but ETFs tend to get sold to fund stockpicks and I take profits on AAPL and GOOGL when they get to a certain point.

For possible interest, and certainly not as a recommendation, if I cut off at around the 3% holding level, in order of current portfolio weight I have:

NTQ (oil & gas drilling services)
CRST (housebuilder)
RTHM (ad-tech)
CAR (industrial/chemical - technical plastics, LED lighting)
SLN (biotech)
TALK (telecoms)
Comcast (you all know)
HYR (industrial - oil re-refining)
BYOT (chemicals - anti-microbial products)
FDL (retail, mainly online)
TLY (out-of-hospital healthcare)
MNZS (aviation services)
PFC (oil & gas services)
INSE (energy consultancy/purchasing services)

In terms of income plays, I'm not sure anything but CRST, TALK and PFC would come into consideration purely in terms of yield. CRST I have had great success with, but very much by managing to buy and sell at the right times - I'm currently underwater and clearly if Brexit goes wrong there could be a lot more shareprice downside here which would cancel out dividend income. TALK is really a turnaround/takeover story rather than a dividend play and PFC has an SFO investigation hanging over it. MNZS used to be a good dividend-payer, but having sold off the cash-generating distribution arm it is now more of a growth story I think.

[beaubleep] 09/11/2018 10:34

Just reinvested monies from Arris sale

Royal Dutch Shell A

Petrofac

Vodafone

National Grid

Evraz

Already holding Galliford (quietly confident)

Very little research done, based solely on yield and hope.

[1carus] 09/11/2018 08:39

Waggle thanks for GFRD info. I will look into that. Looks like many on here are interested in similar stocks. I too have moved into income stocks. I have also bought some Etf's and might add to these within our ISA's. I would be interested in hearing from others particularly with regard to ETF's that can be held within ISA. I also quite like disaster stocks when certain events happen.

[waggle] 08/11/2018 21:08

this has indeed been the most informative, polite and construcive board of all those which i view/participate in, and my thanks also to those MUCH better infoormed than I. indeed the move to Arris cam at exactly the right time in terms of a dolar hedge, and the profit has all but paid for my eldest at Harvard; what better use than investing in the future generation?
going forwards, yes it would be very refreshing to keep the occasional idea on value stocks flowing, especially since the standout feature of this board has been the lack of ramping/de-ramping, apart of course form the common goal and oft voiced aim of "£5 by (an indeterminate?) christmas!!
my opening suggestion is Galliford TRye, a well run contruction/builder, well diversified and with a very good yield; but in a very out of favour sector. the latest hit on the price (Aberdeen by-pass) is hopefully the last of the fall-out from the Carillion debacle. I have held 2000 shares for over 10 years and intend to keep them as a yield bedrock for the next 10. ticker is GFRD

[bashor] 08/11/2018 20:20

Anyone seen “Marth” around on any threads, met him at probably 4 AGM’s

[andyash] 08/11/2018 19:59

Well after 20 years I'm out too. Sold most of my old Pace shares prior to the completion of the Arris takeover/merger but felt like I needed to keep a few for old times sake. As with many of the others on here I'll be going for the steady dividend yielding stocks now (to be honest with the exception of Arris I already was). Best of luck everyone going forward. :-)

[alexmcdonald] 08/11/2018 19:52

Bashor, I think that that is a really good idea and I will keep viewing and posting on here.

[dabeesg] 08/11/2018 19:45

Oh well....it has finally arrived. I too have sold all my remaining ARRS shares after starting with PACE in 1998/99.

I will still visit this thread now and then. It has been quite a ride.

Thinking of moving into FUTR,and FDEV (and also lloyds maybe).

Good luck all in your future investments.

G

[major courtenay] 08/11/2018 18:27

I have been lurking here on and off for a few years having been in PIC in a modest way since around 1998/9. I appreciated the knowledge and civilised nature of the board. This one isn’t life changing for me, but it all helps. Good luck and thank you. :)

[bashor] 08/11/2018 17:45

We should all stay on this thread swapping investment ideas, like most here I’m starting to move into solid income stocks, I do like to have a go at a good recovery play though if a good dividend is looking solid enough, my pension is now by far my biggest worry, I’ve just moved a chunk into a Commodity fund so hoping for a weaker $ to support the gold and silver prices and the trade war to go away wouldn’t do any harm, good luck all it’s been a blast

[beaubleep] 08/11/2018 17:14

I'm out, many thanks to all of you. More than likely be joining Alex tomorrow with Lloyd's also looking at Persimmon and National Grid.

[bashor] 08/11/2018 16:41

Out of the frying pan into the fire comes to mind

[1gw] 08/11/2018 16:39

I'm going to wait a bit and see what happens. COMM missed earnings expectations today and guided down for the year, so it's not all down to the Arris acquisition.

[bashor] 08/11/2018 16:35

As much as I’m tempted I’m going to pass now down 21%

[1gw] 08/11/2018 16:09

And I understand there's a bulletin board on here that could be used to discuss it going forwards...

[bashor] 08/11/2018 16:03

I’m thinking it could be worth a punt