The stock can only move up from here .
Certainly talks a great game regarding dividend and cover.
The stock can only move up from here .
Certainly talks a great game regarding dividend and cover.
Just bought another 500 worth at 1.14!
I’ll get my average under 1.20 then it’s the waiting game for me can’t keep chasing the losses
Yeah it’s started off down again I will wait and see whether now was a good bad time to top up.
Maybe I’m a moron, but getting a 8-9% well covered dividend each year seems like a nice return, covered means making a profit right? Why is the market so down on this, I thought it liked certainty?
lol who knows anymore the market has never made any sense to me.
Assuming the company is financially sustainable then you struggle to beat the 9% yield. I like to think I’m buying shares on sale, it makes me feel better when I see the see of reds in my portfolio
Just brought another small batch of 500ish shares, will continue to do so with funding from ERNS while the SP is getting battered.
I too makes me feel better, almost my own buyback .
lol that’s the spirit! I wonder if they will do another buyback, seems a no brainer at these prices assuming everything else is ok of course
I think that is the thing, we investors assume something is wrong because the SP goes down (albeit it has been like that for infrastructure for a while now) so we question buying it, but the company are telling us things are generally fine and income is covered well into the future, so that is all we have to go on and it feels like fantastic value at these levels, it felt fantastic value 10p higher aswell. Fear is an investors kryptonite, must push through.
It’s magic to read people doing this not saying things are traps I hold I hold this company too but I have seen this on many other companies people locked in this battle of buying buying constantly then boom they loose it all.
Many of these people didn’t have etfs or anything they just hope this single stock is a winner like many others.
I’m starting to see the fatal mistakes that are mentioned in these audio books that the community are making on a daily basics. I myself done the same mistakes but have for the most part sorted it to the point I need not care just let it ride.
What I’m starting to see is a pattern of big companies going down out of no where. I also don’t buy into this narritive of cheap electricity there never will be for every energy source they make the public has to pay and maintain and as they scale up so does the money required so no we won’t see cheap electricity it’s a load of bullshit.
Fair point. Luckily touch wood I’ve never invested in a company thats gone under but I am sat in some large paper losses and will do for a long time.
Luckily I can afford to leave them till they recover and gradually average down using dividend income.
Never invest what you can’t afford to lose :). My pensions/SIPPs are all in the index funds etfs etc.
Yeh cheap electricity will never happen. The problem in my opinion is the stupidly high standing charges.
Yes I’m trying to learn more and more but I find it crazy what happended back in he day hasn’t changed right now what has bee said on the audio book from the 1920s or whatever it was it happning right now again and jut happended to freetrade and people like me late investors.
While I working I often pop a smile and say that’s crazy how much this relates to me or people I have seen on here…
Investing has so much psychological effects behind it that I feel unless you have a good brain on hst side you really can fall into so many traps, herd mentality and such.
For example I started with rio into and for years I kept them my top company in my portfolio until I heard things and started to see i was stupid.
So I redone my portfolio making sure etfs are top and then work my way down from there I do need to take a look again at it more on the good info from the community about what sectors you overlap. Your exposure and all that.
I have honestly not cared for the last 4 months about my portfolio or being on here not because I didn’t want to be just yeah.
I hope we all make it one day some will get lucky and get rich some will get stung and lose it all I’m hoping to be the middle man and just get there and be content with what I managed to save the compounding being a bonus.
Not sure I will be reinvesting dividends here, might go for something else. Atleast that way the investment, if doomed to fail in the future, can pay me back some of my investment and therefore it isn’t all lost.
Can you reccomend any decent ETFs to buy?
My ETFs I currently hold are:
IITU (6.5%)
XNAQ (6.5%)
SMGB (6.6%)
ICSU (4.6%)
DAGB (3.1%)
ERNS (13%)
Bit of overlap, but around 40% of portfolio, rest in investment trusts which are mostly down (infrastructure trusts and TRY).
I want to simplify it down, but I refuse to sell stuff that is at a loss.
Down again today £1.12 as I type
My 3k invested is nearing 2.5k
Keep following for more top investing advice
What a depressing share!! I’ve resisted buying more today as I feel I can buy some more cheaper tomorrow or the next day or the next day or the next day
Everything is down today I’m not sure why, even Bitcoin is down!
Hopefully things will recover tommorow. In the meantime as long as the dividend is safe I’m happy.
I’ll read that again when I’m sober
Oh dear 1.07 when will be hit the bottom I wonder?
The more it drops the more I want to buy! I have resisted thus far since the last lot.
It’s all getting very silly now, surely great value at these levels.