Share tips thread

[DonkeyApple]

walm said:

No probs.
It's pretty tough for even institutions to avoid dividend witholding tax - it's not just punters!

The only way I've ever found was to use newly launched spread betting firms as they never understand equities and very often pay the gross until they get round to auditing their clearing charges

I punted in JUP yesterday and closed it XD just now for about .8% upside. We grabbed over 2% out of the Standard Life special doc earlier in the week.

It's very fine margins but the underlying effect is there.

[K12beano]

FTSE 100 touches 7,000 at last...

[DoubleSix]

K12beano said:

FTSE 100 touches 7,000 at last...

A few "whoops" on the floor here...

[gaz1234]

thoughts on moni?
my 66% increase now 20-odd

[CRB14]

Diamondcorp had a great week. Mentioned them a few times here - I've owned for a few years now and can't wait for the future.

[CRB14]

Diamondcorp had a great week. Mentioned them a few times here - I've owned for a few years now and can't wait for the future.

[bad company]

BBY (Balfour Beatty) in there. Interesting times for them, I hold a few. Buy more, sell or hold? Just read that the dividend is likely to be cancelled.

[isee]

bad company said:

BBY (Balfour Beatty) in there. Interesting times for them, I hold a few. Buy more, sell or hold? Just read that the dividend is likely to be cancelled.

I have no handle on BBY at all so my advice maybe inaccurate, but a cancelled dividend is not as disastrous as it sounds. as it just means more cash will be flowing to the company. Of course if the company is beyond salvage then yeah it's disastrous. But just wanted to say that panic selling may no be an optimal strategy before you figure out what kind of distress the company is in.

[Zippee]

STAN are doing very well with their new change of management
Shame I did my usual 20% and out as I sold at 1050, gone through 11 today.

[isee]

Am liking Russia ETF again (RSX)
and the RUB

[jeff m2]

isee said:

Am liking Russia ETF again (RSX)
and the RUB

A two year contrarian move IMO, ok for a moderate proportion of liquid assets, not the place for your daughters college money.

Assume you have read this
https://www.middleeastmonitor.com/news/middle-east...

[isee]

jeff m2 said:

A two year contrarian move IMO, ok for a moderate proportion of liquid assets, not the place for your daughters college money.

Assume you have read this
https://www.middleeastmonitor.com/news/middle-east...

Not without risk, I agree, but I said it was overdone back when the USD was setting new records against the RUB, but even more convinced now that it has been overdone. The country might be in a spot of trouble, but their vast infrastructure and mineral reserves have no disappeared. I also very much believe that the current government would rather die than see Russia default in their lifetime again. I would be a buyer of russian USD denominated bonds for sure right now (had i had the money).
Also this:
http://www.bloombergview.com/articles/2015-03-20/r...

[jeff m2]

isee said:

jeff m2 said:

A two year contrarian move IMO, ok for a moderate proportion of liquid assets, not the place for your daughters college money.

Assume you have read this
https://www.middleeastmonitor.com/news/middle-east...

Not without risk, I agree, but I said it was overdone back when the USD was setting new records against the RUB, but even more convinced now that it has been overdone. The country might be in a spot of trouble, but their vast infrastructure and mineral reserves have no disappeared. I also very much believe that the current government would rather die than see Russia default in their lifetime again. I would be a buyer of russian USD denominated bonds for sure right now (had i had the money).
Also this:
http://www.bloombergview.com/articles/2015-03-20/r...

I'd already read that article. I do Bloomberg every morning along with my cornflakes
I myself have more than a little in developing Europe, which of course by market share means mostly Russia.
IMO Russia or Putin has failed to pull the Europeans over to his side from the US. The German Lady is now more anti Putin than ever. Russia has done some oil deals with China, probably to Chinas advantage but cash flow is cash flow.
But if you look at the P/E of the Russian market (around 7) and the relative strength of Sterling (Dollar for me) then the risk is acceptable, IMO again.
However, I feel this could turn out to be a longer hold than I first thought, hence the "two year" comment.
I was originally looking for 25%, with my new extended outlook I want 30+, not sure I'll get it!
Europe could certainly do with the Russian trade they lost and I guess they would just love to dump the US imposed sanctions but it aint happening yet.

Sovereign Bonds.
Bonds are real tricky and often best left to the pros, even Bill Gross fxxxxxd up big time with Munis. Look at the withdrawals from PIMCO. While Sov debt will nearly always be restructured a retail investor cannot afford to be caught with his pants round his ankles.
If you are going to.....do it with a reputable conservative house.
My downside protection is geared more to variable loans than bonds at present, although I was Bond overweight in 2011/12.

[isee]

jeff m2 said:

I'd already read that article. I do Bloomberg every morning along with my cornflakes
I myself have more than a little in developing Europe, which of course by market share means mostly Russia.
IMO Russia or Putin has failed to pull the Europeans over to his side from the US. The German Lady is now more anti Putin than ever. Russia has done some oil deals with China, probably to Chinas advantage but cash flow is cash flow.
But if you look at the P/E of the Russian market (around 7) and the relative strength of Sterling (Dollar for me) then the risk is acceptable, IMO again.
However, I feel this could turn out to be a longer hold than I first thought, hence the "two year" comment.
I was originally looking for 25%, with my new extended outlook I want 30+, not sure I'll get it!
Europe could certainly do with the Russian trade they lost and I guess they would just love to dump the US imposed sanctions but it aint happening yet.

Sovereign Bonds.
Bonds are real tricky and often best left to the pros, even Bill Gross fxxxxxd up big time with Munis. Look at the withdrawals from PIMCO. While Sov debt will nearly always be restructured a retail investor cannot afford to be caught with his pants round his ankles.
If you are going to.....do it with a reputable conservative house.
My downside protection is geared more to variable loans than bonds at present, although I was Bond overweight in 2011/12.

All very good points and I am amazed, pleased even, that you are being factual with your assessment without the usual drama that tends to accompany any Russia related chat these days. Even the analyst at my shop always throws in "annexation", "pootie" "holidays" whenever we talk about the Russian market. It's tedious.

I think you will get your 25% within your proposed time horizon.

what do you do for a living and where if you don't mind me asking?

P.S. Bonds is perhaps the only product I have no direct experience in so am not about to cut my teeth on Russian bonds, was more of a throw away comment.

Edited by isee on Monday 23 March 16:11

[jeff m2]

isee said:

jeff m2 said:

I'd already read that article. I do Bloomberg every morning along with my cornflakes
I myself have more than a little in developing Europe, which of course by market share means mostly Russia.
IMO Russia or Putin has failed to pull the Europeans over to his side from the US. The German Lady is now more anti Putin than ever. Russia has done some oil deals with China, probably to Chinas advantage but cash flow is cash flow.
But if you look at the P/E of the Russian market (around 7) and the relative strength of Sterling (Dollar for me) then the risk is acceptable, IMO again.
However, I feel this could turn out to be a longer hold than I first thought, hence the "two year" comment.
I was originally looking for 25%, with my new extended outlook I want 30+, not sure I'll get it!
Europe could certainly do with the Russian trade they lost and I guess they would just love to dump the US imposed sanctions but it aint happening yet.

Sovereign Bonds.
Bonds are real tricky and often best left to the pros, even Bill Gross fxxxxxd up big time with Munis. Look at the withdrawals from PIMCO. While Sov debt will nearly always be restructured a retail investor cannot afford to be caught with his pants round his ankles.
If you are going to.....do it with a reputable conservative house.
My downside protection is geared more to variable loans than bonds at present, although I was Bond overweight in 2011/12.

All very good points and I am amazed, pleased even, that you are being factual with your assessment without the usual drama that tends to accompany any Russia related chat these days. Even the analyst at my shop always throws in "annexation", "pootie" "holidays" whenever we talk about the Russian market. It's tedious.

I think you will get your 25% within your proposed time horizon.

what do you do for a living and where if you don't mind me asking?

P.S. Bonds is perhaps the only product I have no direct experience in so am not about to cut my teeth on Russian bonds, was more of a throw away comment.

Edited by isee on Monday 23 March 16:11

Unfortunately the Drama does count and affects markets quite a lot, look at the damage that downed plane did. Should be irrelevant, but isn't.
Eventually "drama" fades and markets return to fundementals, not that the fundamentals are great at present for Russia but that is why people take limited contrarian positions.

I live in New Jersey originally from UK, Buckhurst Hill and NW london last places of residence.
What do I do...Was s Computer System Engineer, now I have a small business associated with trucking but spend a fair amount of time on my investments, as my business is approaching charity status

[isee]

jeff m2 said:

Unfortunately the Drama does count and affects markets quite a lot, look at the damage that downed plane did. Should be irrelevant, but isn't.
Eventually "drama" fades and markets return to fundementals, not that the fundamentals are great at present for Russia but that is why people take limited contrarian positions.

I live in New Jersey originally from UK, Buckhurst Hill and NW london last places of residence.
What do I do...Was s Computer System Engineer, now I have a small business associated with trucking but spend a fair amount of time on my investments, as my business is approaching charity status

By drama I meant your personal views rather than events that should rightly be taken into consideration.

That's quite a colourful and varied CV you got there :P

[isee]

Could anyone kindly explain what the letter are for in the various Edge Performance VCT titles? like I F G etc?
And if anyone has a handle on why the fund has consistently been tanking?
It was an outlier in my stock screener and I just want to know why the yield is so insane etc.

Thanks

[Burwood]

traxx said:

Back on the subject of Apple suppliers - anyone know how much of their sales Qualcomm will lose if as reported Apple will stop using their chips later this year?

I understand it was a threat by apple to side line samsung. Samsung accounted for 12% of sales but it's low margin

[jeff m2]

isee said:

Could anyone kindly explain what the letter are for in the various Edge Performance VCT titles? like I F G etc?
And if anyone has a handle on why the fund has consistently been tanking?
It was an outlier in my stock screener and I just want to know why the yield is so insane etc.

Thanks

They are classes/issues

First, go and watch a film called "The Producers"

He is the fee structure for the G

Annual management fee 1.75 % of the NAV attributable to the G Shares. Performance-related management incentive fee of 19% of cumulative Dividends (prior to calculation of performance fees) in excess of GBP 1.00 per G Share, rising to 29% of cumulative Dividends (prior to calculation of performance fees) in excess of GBP 1.20 per G Share. The Chairman is entitled to receive a performance fee of 1% calculated on the same basis. Contract terminable on 12 months notice.

Put car in reverse, hit the gas.

[isee]

jeff m2 said:

They are classes/issues

First, go and watch a film called "The Producers"

He is the fee structure for the G

Annual management fee 1.75 % of the NAV attributable to the G Shares. Performance-related management incentive fee of 19% of cumulative Dividends (prior to calculation of performance fees) in excess of GBP 1.00 per G Share, rising to 29% of cumulative Dividends (prior to calculation of performance fees) in excess of GBP 1.20 per G Share. The Chairman is entitled to receive a performance fee of 1% calculated on the same basis. Contract terminable on 12 months notice.

Put car in reverse, hit the gas.

Thank you for an explanation, I don't think those fees are particualrly scary tbh, but I totally agree with regard to your last comment and have zero interest in investing, was simply trying to understand what's going on. It showed up as 179% div yield, though even that appears to have been due to some funny reporting rather than their actual performance.