The Snowball 2016 - YeeWo's Annual Review.

A helpful place to also put any annual reports etc, of your own portfolios
YeeWo
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The Snowball 2016 - YeeWo's Annual Review.

Postby YeeWo » December 31st, 2016, 5:20 pm

This is a continuation of a same-named thread back on TMF which was brilliantly useful for my development. Anyway, the start of 2016: -
MoS = non-time bound Margin of Safety. XIRR = with Grateful Thanks to Jon46! StanChart XIRR is known-missing!

The position at the end of 2016: -


NO NETT CAPITAL ADDED - £451.41 Removed from Portfolio during Year.

DIVIDENDS

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     2014 | £6,693.64 |           |                                                                                         
     2015 | £6,821.33 |           |                                                                                         
     2016 | £7,317.31 | 7.3% GAIN |                                                                                         


YIELD - 4.09% based upon Capital Value at 01 Jan 16, 3.18% based upon Capital Value at Year End. From this perspective the only dead-wood I have left is Tesco. I'm anticipating a Substantially better Income Level in 2017.

VALUE INCREASE - 28.36% Including Dividends, 23.61% Nett of Dividends.

Comments: -
- Still Building Portfolio, Capital only removed due Family Emergency.
- All Dividend Income Re-Invested.
- Guilty of far too much Tinkering.
- That Said, Very Happy indeed with Diversified Portfolio.
- Finally disposed of StanChart.
- SKY is a play for Mr Murdoch's £10.75 per share buy-out.
- Holding some decent HY stalwarts.
- Intend filling ISA in 2017, would be grateful for any constructive suggestions!

I'm clearly NOT a pure-HYPer and apologise to devotees! Constructive comments Really Gratefully Welcome, Thanks! Happy New Year to All and Good Luck for 2017!!! YW.

AJC5001
Posts: 28
Joined: November 4th, 2016, 4:55 pm

Re: The Snowball 2016 - YeeWo's Annual Review.

Postby AJC5001 » January 1st, 2017, 12:39 am

YeeWo wrote:MoS = non-time bound Margin of Safety.


Don't understand - could you expand on what this is and how it is calculated. please.

Adrian

idpickering
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Posts: 255
Joined: November 4th, 2016, 5:04 pm

Re: The Snowball 2016 - YeeWo's Annual Review.

Postby idpickering » January 1st, 2017, 10:17 am

Looking good YeeWo, with a nice spread of HYP stalwarts mixed with some not so commonly mentioned stocks.
I had to sell some of my holdings due to an urgent family event myself, so you're not alone there. That event reminded me to keep some powder dry to cover such events without having to sell some of my HYP.

All the best, and HYP New Year,

Ian.

ADrunkenMarcus
Posts: 43
Joined: November 5th, 2016, 11:16 am

Re: The Snowball 2016 - YeeWo's Annual Review.

Postby ADrunkenMarcus » January 1st, 2017, 11:12 am

YeeWo wrote:
VALUE INCREASE - 28.36% Including Dividends, 23.61% Nett of Dividends.

- Intend filling ISA in 2017, would be grateful for any constructive suggestions!


Happy New Year!

That isn't a bad return at all, even allowing for the depreciation of sterling as you highlighted on another thread recently.

I see you're no longer a fellow Standard Chartered holder. What was your reasoning behind selling?

On the topic of suggestions, I know you're not a HYP-er. I'm not, either, as I have a lower dividend yield. (My historic dividend yield in April 2016 was 3.1 percent, but that's now declined to 2.4 percent because of strong capital growth outpacing the increase in dividends.)

However, I might suggest Visa or Nike if you are open to holding American shares. Neither are ever 'cheap' but Visa looks reasonable given its growth record, cash and operating margins. There are lots of write ups on Seeking Alpha.

Diploma, Domino's Pizza, DP Poland, Patisserie Holdings, Paddy Power Betfair, Renishaw, Rotork, Spirax-Sarco Engineering and Victrex are small and mid cap shares that have done very well for me (bought between 2010 and 2015). However, they're not necessarily at particularly good entry points: Rotork and Victrex were cheaper last year. Unilever is reasonable for a top up IMHO.

Best wishes


Mark.

YeeWo
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Re: The Snowball 2016 - YeeWo's Annual Review.

Postby YeeWo » January 1st, 2017, 12:19 pm

AJC5001 wrote:Don't understand - could you expand on what this is and how it is calculated. please. Adrian

Code: Select all

Date      | Type       | No.  | SP     | Price       | Fee    | XIRR flow   |        | Divi     
04-Mar-13 | BUY        | 1000 | £10.00 |  £10,000.00 | £64.73 |  £10,064.73 |        |         
24-Feb-14 | CASH DIVI  |      |        |    -£500.00 |        |    -£500.00 |        |     £0.50
24-Feb-15 | CASH DIVI  |      |        |    -£750.00 |        |    -£750.00 |        |     £0.75
24-Feb-16 | CASH DIVI  |      |        |    -1000.00 |        |  -£1,000.00 |        |     £1.00
01-Jan-17 | CURR. VAL. |      |        |             |        | -£20,000.00 |        |         
          |            |      |        |             |        |      24.43% | XIRR   |         
          |            |      |        |   £7,750.00 | £64.73 |   £7,814.73 | £ 7.81 | Avg Price
          |            |      |        | Share Price | £20.00 |  £20,000.00 |        |         
          |            |      |        |             |        |     255.93% |        |         
          |            |      |        | MoS/Loss    |        | £ 12,185.27 |        |         

I've created XYZ plc for you above to show how I log my comings-and-goings in Excel. MoS is the non-time-bound accumulations set against the present day value. In the example 255.93% is meaningless so I would simply refer to this as "100%+". XIRR is date bound and is far more meaningful. I would be tempted here to sell 500 shares in XYZ plc which would mean the £7.81 "holding price" would become <0 which is the fantastical point were I continue to receive Dividends from XYZ plc but without Any Original Capital tied-up in the business. XIRR is a better yardstick. All methods have drawbacks and, of course, nothing can predict the future........

YeeWo
Lemon Pip
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Joined: November 5th, 2016, 10:12 am

Re: The Snowball 2016 - YeeWo's Annual Review.

Postby YeeWo » January 1st, 2017, 12:40 pm

ADrunkenMarcus wrote:I see you're no longer a fellow Standard Chartered holder. What was your reasoning behind selling?
It is a Shrinking Business in a sector which I see having barriers-to-entry lowered by FinTech. The Lack of Dividend also put the business well and truly on the naughty-step! I sold 2/3rds on 17 Aug at £6.39 and reinvested with the addition of dividend-cash in BATS/GSK & WPP. The final 1/3rd was sold on 15 Dec at £6.81 and the proceeds speculated on Mr Murdoch paying £10.75 per share for the bits of SKY he doesn't own. I may yet reinvest in StanChart in the future but it is IMHO firmly in the "trading-stock" category for the foreseeable!

ADrunkenMarcus wrote:However, I might suggest Visa or Nike if you are open to holding American shares.
About the only Single Stock in the US I would buy is Berkshire Hathaway. I have held S&P Trackers in the past and did well. If the opportunity presents itself I guess an HSBC S&P 500 ETF would do the job wonderfully.

ADrunkenMarcus wrote:Diploma, Domino's Pizza, DP Poland, Patisserie Holdings, Paddy Power Betfair, Renishaw, Rotork, Spirax-Sarco Engineering and Victrex are small and mid cap shares that have done very well for me (bought between 2010 and 2015). However, they're not necessarily at particularly good entry points: Rotork and Victrex were cheaper last year.
Lord Lee (The ISA Millionaire) is a small-cap investor, I've read his book thoroughly. The experiences I've had thus far fishing in this pool haven't ended well!

ADrunkenMarcus wrote:Unilever is reasonable for a top up IMHO.
Inchcape is the only one my holdings that currently screams at me!
http://www.iii.co.uk/investment/detail? ... discussion

All the best for 2017!
YW.


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