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Topping up time

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tjh290633
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Topping up time

#17001

Postby tjh290633 » December 20th, 2016, 7:14 pm

I had the opportunity this morning to top up Glaxo (GSK) just before I had to leave for a funeral. GSK was top of the eligible shares in my top-up rankings and oddly was just above median weight, which very seldom happens for the chosen share.

I was able to add 16% to my holding at 1,532p, and looking at the day's share price graph, it seems that I was lucky to miss the rise after 9am.

Because of the narrow spread of weights which I currently have, this has propelled GSK to the top of my weight ranking at 118% of the median. The top of my top-up rankings and qualifying rankings are now as follows:

Code: Select all

Top-up          Income                     Cost               
Rank     EPIC   Rank     EPIC   % Income   Rank   Epic   % Cost
     1   CLLN        1   GSK       4.82%      1   PSON    4.50%
     2   LLOY        2   TW.       4.64%      2   LLOY    4.45%
     3   VOD         3   ADM       4.61%      3   CLLN    4.32%
     4   MARS        4   BP.       4.30%      4   AV.     4.22%
     5   ADM         5   RDSB      4.15%      5   BLT     3.97%
     6   MKS         6   CLLN      4.13%      6   SGRO    3.86%
     7   WMH         7   PSON      4.08%      7   LGEN    3.84%
     8   TW.         8   MKS       3.96%      8   RDSB    3.81%
     9   PSON        9   SSE       3.92%      9   BP.     3.77%
    10   IMB        10   LGEN      3.78%     10   MARS    3.66%
    11   BT.A       11   VOD       3.62%     11   ADM     3.66%
    12   INDV       12   MARS      3.50%     12   GSK     3.52%

The top 4 in Income and cost rankings are disqualified because topping up by 20% would take them past the 5% limit. That means that VOD is now number one for topping up and MARS second.

My porftfolio ranked by weight is now:


This will be the last top up until February.

TJH

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