Search found 114 matches

by 77ss
January 20th, 2017, 5:11 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: Royal Mail Trading Statement
Replies: 9
Views: 355

Re: Royal Mail Trading Statement

Having read the announcement again, nothing leaps out at me as a major cause for concern. I'm happy to let the RMG managers do their job, and manage. It is likely that I'll be topping up my holdings over the coming months. Regards, Ian. It looks like a business in decline to me. However much they m...
by 77ss
January 19th, 2017, 7:50 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: Provident Financial trading statement
Replies: 7
Views: 426

Re: Provident Financial trading statement

Any thoughts on the gearing - it was over 200% . There doesn't seem to be any serious cause for concern. Those wiser than I may differ. In terms of borrowings/equity: It has been rapidly reduced - from 3.2 in 2012 to 2.2 for 2015. It is well below their self-imposed upper limit of 3.5. It is even f...
by 77ss
January 18th, 2017, 9:11 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: Provident Financial trading statement
Replies: 7
Views: 426

Re: Provident Financial trading statement

It is my intention to add to my PFG holdings over the coming months. They form 4% of my 24 share HYP as of now. Ian. My second oldest surviving HYP purchase (after SSE), dating back to March 2003. It now forms 4.8 % of my 34 share portfolio and provides 4.8% of my dividend income. A bit overweight,...
by 77ss
January 17th, 2017, 9:12 pm
Forum: Brokers and Share Dealing
Topic: New iWeb account fee reduced
Replies: 25
Views: 552

Re: New iWeb account fee reduced

I note there's no similar "new look site coming soon" notice on HSDL's site ... I wonder if IWeb's customers are being guinea pigged.... Au contraire https://www.halifax.co.uk/sharedealing/coming-soon/Default.asp It's apparently to make it mobile and tablet friendly. Bad news for those of...
by 77ss
January 17th, 2017, 9:05 pm
Forum: Investment and Unit Trusts
Topic: Small Cap Bottom Fishing
Replies: 14
Views: 1134

Re: Small Cap Bottom Fishing

Both Aberforth and Henderson appear to have major holdings in ftse 250 companies, is it easier to buy an ETF such as vmid? What proportion of their constituents are 'small' companies? I don't know about Aberforth, but it is true that Henderson has some FT250 holdings. Presumably for reasons that se...
by 77ss
January 17th, 2017, 8:29 pm
Forum: Investment Strategies
Topic: Is a Capital Gain Capital at Risk
Replies: 3
Views: 285

Re: Is a Capital Gain Capital at Risk

I would be very nervous about picking shares and ITs that yield over 6%. Or even 5% for that matter. There are probably some very good reasons why the market is pricing them that way. Care to list a few and invite commentary and feedback? ITs, I would agree. Looking at my holdings, I have four givi...
by 77ss
January 17th, 2017, 10:15 am
Forum: Brokers and Share Dealing
Topic: New iWeb account fee reduced
Replies: 25
Views: 552

Re: New iWeb account fee reduced

However, they say on their website that they'll soon be "improving" it and I fear that "improve" and "new look" will mean adding all sorts of whizzy gloss that'll make it look prettier but be less straightforward and easy, and more clunky. We'll see. BTW, while plenty ...
by 77ss
January 17th, 2017, 9:52 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: Provident Financial trading statement
Replies: 7
Views: 426

Provident Financial trading statement

http://www.investegate.co.uk/provident-fin-plc---pfg-/rns/trading-statement/201701170700072980U/ The group expects to report results for 2016 in line with market expectations As usual, the company also hepfully tells us what those expectations are: Market expectations in this announcement represent ...
by 77ss
January 17th, 2017, 12:56 am
Forum: Brokers and Share Dealing
Topic: New iWeb account fee reduced
Replies: 25
Views: 552

Re: New iWeb account fee reduced

According to http://www.iweb-sharedealing.co.uk/share-dealing-home.asp the one-off account opening charge paid by new iWeb customers is being reduced back down* from £200 to £25 on 23rd January which might be of interest to some here. (*it was £25 a couple of years ago) A snip, over the long term, ...
by 77ss
January 17th, 2017, 12:46 am
Forum: Music, Theatre, TV and Film
Topic: Silence
Replies: 1
Views: 41

Re: Silence

Epic medieval drama by Scorsese set in Japan. 2 1/2 hours, not lots of spectacular action and car-chases or CGI, but compelling stuff and storylines to make you think. I was gripped, but imagine that people could be bored. Dull stuff, I thought. I considered leaving on a number of occasions. It's n...
by 77ss
January 16th, 2017, 12:33 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: Telegrah - 4pc,5pc or 6pc yield
Replies: 8
Views: 587

Re: Telegrah - 4pc,5pc or 6pc yield

Source is Stockopedia, but seems to be somewhat different to the numbers I get from DigitalLook. So Telegraph shows Pearson cover as -1.1 whereas DigitalLook shows cover as 1.35. Pretty big difference. Terry. You can't beat going to the horse's mouth. From Pearson's last annual: For 2015, the divid...
by 77ss
January 15th, 2017, 11:45 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: New HYP - proposed rules
Replies: 29
Views: 870

Re: New HYP - proposed rules

10. No purchases of shares with gearing in excess of 250% I think 7-10 are needlessly restrictive. 10. ... but don't forget to look at the interest cover ratio too. Example from my own HYP: SVT (Severn Trent), very highly geared IIRC (sorry I don't have numbers to hand). M I agree that 250% is too ...
by 77ss
January 15th, 2017, 11:03 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: Sainsbury's 3rd Quarter Trading Statement
Replies: 66
Views: 1392

Re: Sainsbury's 3rd Quarter Trading Statement

If the trend continues into the future and Sainsbury stays the same, then it will be a poor investment. If I choose not make this assumption, as it is almost impossible to predict, then there is more chance of a recovery. My instinct is to ignore what I see as a trend in this case . Surely, 'imposs...
by 77ss
January 14th, 2017, 10:05 pm
Forum: Polite Discussions
Topic: 'by the quality of his enemies'
Replies: 25
Views: 542

Re: 'by the quality of his enemies'

RowdyReptile wrote: Seems to me never has so much fuss been made over so tiny a bit of real estate.


If you spent your life in a refugee camp, you might see it differently.
by 77ss
January 14th, 2017, 9:52 pm
Forum: Does anyone know?
Topic: Print off copy of doc on the 'High St'
Replies: 12
Views: 319

Re: Print off copy of doc on the 'High St'

I need to print off a couple of sheets of a word doc. I don't have a home printer and cant be fagged with the 4 mile round trip to head office. Do any major High St chains (Boots? WH Smith?) have a doc printing service so I can take along a memory stick and print off a few pages? I know you can do ...
by 77ss
January 14th, 2017, 5:31 pm
Forum: Polite Discussions
Topic: Europe blinks....
Replies: 8
Views: 181

Re: Europe blinks....

Itsallaguess wrote:Sounds like the lights have started to go on, and the folder marked 'Realpolitik' has finally been opened in the EU.....



No, it's more likely to be just another bit of Telegraph propaganda.

No matter what ones opinions may be - nobody should be blithely unaware of this organ's agenda.
by 77ss
January 13th, 2017, 10:43 am
Forum: Sports Bar (all sports)
Topic: Konta wins Sydney International
Replies: 1
Views: 29

Konta wins Sydney International

Beating Agnieszka Radwanska, world no.3, 6-4 6-2. Having lost their previous two meetings.

Australian Open next?
by 77ss
January 13th, 2017, 10:20 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: Sainsbury's 3rd Quarter Trading Statement
Replies: 66
Views: 1392

Re: Sainsbury's 3rd Quarter Trading Statement

There's a difference between forecasts about what the market will do (e.g. what price it will place on the shares) and those about what the company will do (e.g. what earnings it will make, and what dividends it will pay). And from a HYP perspective and IMHO: * what the market will do to prices is ...
by 77ss
January 13th, 2017, 9:54 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: South32 - is it now HYP?
Replies: 6
Views: 315

Re: South32 - is it now HYP?

StepOne wrote:When reviewing my portfolio, though, I add BLT and S32 together and count them as a single holding. Is this a daft thing to do?


Don't know - but I do that too.

Partly because I shall probably sell S32 next year - neither wishing to add to it - nor to hold a minnow.
by 77ss
January 12th, 2017, 11:56 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: Cobham trading update
Replies: 24
Views: 782

Re: Cobham trading update

I'm reluctant to sell to be honest (even though I should have done months ago), as one of my goals for this year was to avoid any sales... No disrespect intended, but is this a reasonable goal to set yourself? Surely you can never know in advance what is going to happen to the shares you hold. Does...

Go to advanced search