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Beaten down dividend paying shares that could be good for the long term

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Thanks, I seem to have become more bearish recently - just happy to trade the rallies and make fewer mistakes whilst improving my trading technique. Dr Bubb has mentioned about UK brokers being a rip-off and I agree with this - for now I'm just climbing up the ladder and learning more and more as I go along. Gone from having Halifax funds to Skipton self-selected mutual funds to dealing with funds & then shares with Hargreaves Lansdown in the space of 3 years. Ultimately, I'm sure I'll be using a US or Canadian broker if the charges are lower and I've become a seasoned trader, but I probably feel more comfortable to take the next step using a UK based broker despite the higher charges.

 

I think I need to get to a stage where I know I can trade well enough to start worrying about saving on the dealing charges - to me the most important factor seems to be getting the timing right and the trend right. I have business account with Barclays so it's one of the reasons I thought of going to them next - I like their site and the features it offers like trailing stops. We shall see, I'm with H-L (no stoploss :(:angry: ) until the 'sell in May go away' period - they've cost me a packet with their lack of a stoploss which is like climbing without a rope. Live and learn - rather know how to lose money at 39 and make it back than lose money (pension) when I'm old and not working where I'm unwilling/unable to do much about it. Still, I've always been hedged with a core position in PM's so not lost too much ;)

Have you tried spreadbetting where you can trade with relatively small amounts?

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Have you tried spreadbetting where you can trade with relatively small amounts?

 

Thanks, but that's one area I will always stay clear of No6 - betting. Heard some bad/dodgy things about spreadbetting and I lump it together with casinos and horse racing, sorry!.... want to stick with investing/trading with no blurring of the edges. Not looking to make money fast, just consistently over a long period of time - the FOREX markets interest me, so I would like to trade these in the future.

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Thanks, but that's one area I will always stay clear of No6 - betting. Heard some bad/dodgy things about spreadbetting and I lump it together with casinos and horse racing, sorry!.... want to stick with investing/trading with no blurring of the edges. Not looking to make money fast, just consistently over a long period of time - the FOREX markets interest me, so I would like to trade these in the future.

Fair enough, but I think the term spreadbetting is unfortunate description in this instance, spreadtrading is probably more accurate. Of course, the spreadbetting companies are bookmakers, but by and large and despite the negatives attached to some of them, it can be a useful medium to trade with small amounts to find your way. There are also many free demo platforms that you can have a go on. You can trade FOREX at 50p a point with many of them.

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Thanks, I seem to have become more bearish recently - just happy to trade the rallies and make fewer mistakes whilst improving my trading technique. Dr Bubb has mentioned about UK brokers being a rip-off and I agree with this - for now I'm just climbing up the ladder and learning more and more as I go along. Gone from having Halifax funds to Skipton self-selected mutual funds to dealing with funds & then shares with Hargreaves Lansdown in the space of 3 years. Ultimately, I'm sure I'll be using a US or Canadian broker if the charges are lower and I've become a seasoned trader, but I probably feel more comfortable to take the next step using a UK based broker despite the higher charges.

 

I think I need to get to a stage where I know I can trade well enough to start worrying about saving on the dealing charges - to me the most important factor seems to be getting the timing right and the trend right. I have business account with Barclays so it's one of the reasons I thought of going to them next - I like their site and the features it offers like trailing stops. We shall see, I'm with H-L (no stoploss :(:angry: ) until the 'sell in May go away' period - they've cost me a packet with their lack of a stoploss which is like climbing without a rope. Live and learn - rather know how to lose money at 39 and make it back than lose money (pension) when I'm old and not working where I'm unwilling/unable to do much about it. Still, I've always been hedged with a core position in PM's so not lost too much ;)

 

Fair comments, if you want to trade US listed ETFs (or stocks)I doubt whether you will be able to use stop or limit orders with Barclays. In fact I don't know of any of the discount brokers that have this facility. If Barclays do please let me know. Of the more expensive brokers I know ODL don't support these types of orders on US markets either.

 

With regard to dealing charges - buying and selling 100 shares with IB will cost you £1.36 ($2) a round trip whilst the same deal with the cheapest of UK discount brokers like Selftrade will cost you £25 even more a believe at HL and Barclays. There is however a $10 maintenance fee per month (which is waived after achieving $30 in dealing charges) stop amd limit orders are not a problem on any exchanges. IB are the cheapest brokers around, the other North American brokers will charge typically around $16 a round trip which is still a lot cheaper than any UK outfits. Your call of course.

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Fair enough, but I think the term spreadbetting is unfortunate description in this instance, spreadtrading is probably more accurate. Of course, the spreadbetting companies are bookmakers, but by and large and despite the negatives attached to some of them, it can be a useful medium to trade with small amounts to find your way. There are also many free demo platforms that you can have a go on. You can trade FOREX at 50p a point with many of them.

 

I agree with No.6, spread betting can be a convenient and no hassle way of finding your feet without risking your hard earned. Your right to be cautious but with all due respect Catflap I think you've got the wrong end of the stick with regards to spreadbetting. Take a look at the spreadbetting workout here before discounting it all together http://www.ftmoneygym.com/workouts/

 

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Fair enough, but I think the term spreadbetting is unfortunate description in this instance, spreadtrading is probably more accurate. Of course, the spreadbetting companies are bookmakers, but by and large and despite the negatives attached to some of them, it can be a useful medium to trade with small amounts to find your way. There are also many free demo platforms that you can have a go on. You can trade FOREX at 50p a point with many of them.

 

To be honest, I've not looked into spreadbetting as I'm too busy trading shares at the moment and work full-time being self employed - I saw comments about IG index and the words 'crooks' were used by two different people. Something to do with being stopped out of a trade with a price spike that never existed or something....... also read quotes like 70% or 90% of people lose at spreadbetting. Just not sure I want to go down this route - just doesn't appeal to me but perhaps I'll have a look when I decide to try trading FOREX. I suppose the one good thing about spreadbetting is that it is free of tax - not sure if this also applies to FOREX trades as well.

 

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With regard to dealing charges - buying and selling 100 shares with IB will cost you £1.36 ($2) a round trip whilst the same deal with the cheapest of UK discount brokers like Selftrade will cost you £25 even more a believe at HL and Barclays. There is however a $10 maintenance fee per month (which is waived after achieving $30 in dealing charges) stop amd limit orders are not a problem on any exchanges. IB are the cheapest brokers around, the other North American brokers will charge typically around $16 a round trip which is still a lot cheaper than any UK outfits. Your call of course.

 

I suppose my main worry here was that they were not UK based (although I see they are .co.uk) and in the US - just a bit cautious but I see they are FSA regulated and after looking on the FSA site can see that they have a London address. Thanks for the prompt - I will now research them and see what others have to say. Might as well just get used to something like this as it seems to have everything, including the ability to short individual shares.

 

Do you use Interactive Brokers yourself?

 

I agree with No.6, spread betting can be a convenient and no hassle way of finding your feet without risking your hard earned. Your right to be cautious but with all due respect Catflap I think you've got the wrong end of the stick with regards to spreadbetting. Take a look at the spreadbetting workout here before discounting it all together http://www.ftmoneygym.com/workouts/

 

OK, I won't discount it for now - just the word 'betting' put me off. I can't get into that link as I'm not registered, but I'll have another look at a later date - for now there's a decent SM rally going on that should last until early May. I'll come back to all this when the market tops out again and I'm sitting on the sidelines once again, but thanks for the encouragement - Interative Brokers looks quite good atm.

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To be honest, I've not looked into spreadbetting as I'm too busy trading shares at the moment and work full-time being self employed - I saw comments about IG index and the words 'crooks' were used by two different people. Something to do with being stopped out of a trade with a price spike that never existed or something....... some companies will guarantee your stops also read quotes like 70% or 90% of people lose at spreadbetting. the same people would probably lose at trading through a stockbroker Just not sure I want to go down this route - just doesn't appeal to me but perhaps I'll have a look when I decide to try trading FOREX. I suppose the one good thing about spreadbetting is that it is free of tax - not sure if this also applies to FOREX trades as well. YES

 

Yes you have to be a bit careful who you sign up with, I had poor experiences with IG index and there are some less than transparent outfits out there. I have had a complete turn around in opinion about the sbing industry since joining Tradefair - a white label for Capital Spreads - I've been with them for a few months now and I've been pleasantly surprised, everything has been OK. Maybe I was making the simple mistake of tarring them all with the same stick. I do intend to switch over to Capital Spreads though as their spreads are slightly better and I think they have more investment choices.

 

OK, I won't discount it for now - just the word 'betting' put me off. I can't get into that link as I'm not registered, but I'll have another look at a later date - for now there's a decent SM rally going on that should last until early May. I'll come back to all this when the market tops out again and I'm sitting on the sidelines once again, but thanks for the encouragement - Interative Brokers looks quite good atm.

 

The link should square you up on the ins and outs of Sbing, with respect, at least if you decide not to get into it then you will have made an informed decision.

 

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Yes you have to be a bit careful who you sign up with, I had poor experiences with IG index and there are some less than transparent outfits out there. I have had a complete turn around in opinion about the sbing industry since joining Tradefair - a white label for Capital Spreads - I've been with them for a few months now and I've been pleasantly surprised, everything has been OK. Maybe I was making the simple mistake of tarring them all with the same stick. I do intend to switch over to Capital Spreads though as their spreads are slightly better and I think they have more investment choices.

...

 

The Range of investments on Capital Spreads should be the same as Tradefair. PaddyPower Trader (another white label) offers the same range as Capital Spreads. You need to Join Capital Forex or Capital Derivatives for more trading options.

 

Get yourself a referral from MSE

 

http://forums.moneysavingexpert.com/showth...8112&page=9

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The Range of investments on Capital Spreads should be the same as Tradefair. PaddyPower Trader (another white label) offers the same range as Capital Spreads. You need to Join Capital Forex or Capital Derivatives for more trading options.

 

Get yourself a referral from MSE

 

http://forums.moneysavingexpert.com/showth...8112&page=9

 

Thanks, yes MSE is useful for referrals. I went that route when opening an account with Selftrade.

 

Am I the only one buying and holding shares? unsure.gif

 

No, I am holding shares....... in inverse ETFs :D (for short term trading purposes though)

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I suppose the one good thing about spreadbetting is that it is free of tax - not sure if this also applies to FOREX trades as well.

If you do it via spreadbetting it will be tax free.

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Fair enough, but I think the term spreadbetting is unfortunate description in this instance, spreadtrading is probably more accurate. Of course, the spreadbetting companies are bookmakers, but by and large and despite the negatives attached to some of them, it can be a useful medium to trade with small amounts to find your way. There are also many free demo platforms that you can have a go on. You can trade FOREX at 50p a point with many of them.

 

Hi No6 /Anyone

 

Are you aware of any of the spreadbetters that offer a "limited risk account"? I seem to remember one being advertised ages ago for newbies who didnt want to loose more than they have invested in the a/c. Unfortunately I cant remember the who/where!

 

I have recently opened an a/c with betonmarkets which is Ok but is very limited in terms of the commodity plays avaialable - well there aren't any apart from Gold vs USD. But its simple to operate - at least it is for me as I understand the traditional bookies odds better than I understand spreadbetting!

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Hi No6 /Anyone

 

Are you aware of any of the spreadbetters that offer a "limited risk account"? I seem to remember one being advertised ages ago for newbies who didnt want to loose more than they have invested in the a/c. Unfortunately I cant remember the who/where!

...

 

Any account that has guaranteed stoploss will save you from losing more than you have in your account (check the T&Cs, i'm not 100% certian of this)

 

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Am I the only one buying and holding shares? :unsure:

No - Im picking up long term buy and hold shares now. Mainly specialist steel producers and engineering firms.

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No - Im picking up long term buy and hold shares now. Mainly specialist steel producers and engineering firms.

 

Which engineering firms have you bought?

 

I’ve got Costain on my watchlist, I’m not sure if/when I will buy yet.

 

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Which engineering firms have you bought?

 

I’ve got Costain on my watchlist, I’m not sure if/when I will buy yet.

 

Engineering - mainly ABB

Steels - Sandvik and SSAB

I dont know anything about Costain but having just looked at the chart its a very similar picture to the above.

 

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Engineering - mainly ABB

Steels - Sandvik and SSAB

I dont know anything about Costain but having just looked at the chart its a very similar picture to the above.

 

I think ABB will have a rough time through 2009 & 2010. A lot of their biggest customers are struggling.

 

Over the long term ABB should do well.

 

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I think ABB will have a rough time through 2009 & 2010. A lot of their biggest customers are struggling.

 

Over the long term ABB should do well.

 

+1.

 

Too dear at the moment however... I'd be looking hoover up below 100SEK (just checked what it's quoted in in dollars at the moment, I make it about $12.50 give or take exchange fluctuations).

 

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Jim P did a session on stress testing dividends. A bit basic but ok. If you like podcasts you might want to listen. You will have to forwardwind past Jim on his soapbox about state of the USA

 

http://feeds.feedburner.com/fsn

 

scroll down to:

 

2009/04/18-3a Big Picture with Jim Puplava & John Loeffler - Part 1 04/18/2009

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I don’t actually know anything about dividends :unsure:

 

I saw the article below in the news. Does this mean I am getting 41pence for every SVT share I hold on Wednesday?

 

http://uk.reuters.com/article/rbssFinancia...dRealEstateNews

London, June 15 (Reuters) - The following FTSE 100 companies

will go ex-dividend on Wednesday, after which investors will no

longer qualify for the latest dividend payout.

According to Reuters calculations at current market prices,

the effect would be to take 2.05 points off the index.

 

COMPANY (RIC) DIVIDEND INDEX IMPACT

(pence) (points)

Imperial Tobacco (IMT.L) 21.00 0.85

Land Securities (LAND.L) 7.00 0.21

Severn Trent (SVT.L) 41.05 0.39

United Utilities (UU.L) 22.03 0.60

 

FTSE 250 .FTMC companies going ex-dividend include:

Halfords Group (HFD.L) 10.90

National Express (NEX.L) 10.00

 

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I don’t actually know anything about dividends :unsure:

 

I saw the article below in the news. Does this mean I am getting 41pence for every SVT share I hold on Wednesday?

 

http://uk.reuters.com/article/rbssFinancia...dRealEstateNews

 

Not sure about Reuters figs - it looks like 61.8p per share to me! Higher yielders & blue chips generally pay div's twice per yr. When they go ex-div it means that the current holder has the right to the next div payment.

 

 

Final results 2009 RSS posting shows higher div payments that Reuters - you will maybe have to refer to SVT's website - investor section to find out exact sums and payment dates

http://www.londonstockexchange.com/exchang...mentId=10044013

 

 

31-Mar-09 31-Mar-08

 

£m £m

 

Final ordinary dividend for the year ended

31 March 2008/2007 97.0 90.4

 

Interim ordinary dividend for the year

ended 31 March 2009/2008 61.8 56.9

 

158.8 147.3

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I don’t actually know anything about dividends :unsure:

 

I saw the article below in the news. Does this mean I am getting 41pence for every SVT share I hold on Wednesday?

 

http://uk.reuters.com/article/rbssFinancia...dRealEstateNews

Yes, your dividend payment should be 41p for every share that you hold.

 

According to Digital Look, the payment is 41.5p for Severn Trent and you should expect payment on 31/07.

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Not sure about Reuters figs - it looks like 61.8p per share to me! Higher yielders & blue chips generally pay div's twice per yr. When they go ex-div it means that the current holder has the right to the next div payment.

 

 

Final results 2009 RSS posting shows higher div payments that Reuters - you will maybe have to refer to SVT's website - investor section to find out exact sums and payment dates

http://www.londonstockexchange.com/exchang...mentId=10044013

 

 

31-Mar-09 31-Mar-08

 

£m £m

 

Final ordinary dividend for the year ended

31 March 2008/2007 97.0 90.4

 

Interim ordinary dividend for the year

ended 31 March 2009/2008 61.8 56.9

 

158.8 147.3

 

They report the total dividend for the year;

 

Full year dividend up 2.6% to 67.34 pence per share (3% above RPI inflation)

 

This is for the interim dividend of 26.29 paid in Jan, plus the 41.05, total 67.34p for the year. I think the 61.8 is total payout in millions for the interim dividend.

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