the old trout
17 Nov 2015
On the turn? Looks like the reversal is beginning here, with a yield of over 6% available on the next two divi payments. Just checked out the latest broker targets on Hargreaves Lansdowne and only one of the nine has a target below the current price, so I've just dipped a toe in here. There will be a lot of shorts which will need to close as the reversal gather momentum, so the initial upside could be quite rapid imhoGLA,T
Damp Seaweed
11 Nov 2015
Re: Where's Lambrini gone? Kenj2,You have been around now for quite some time so you must know that pointing out the obvious failings of LG is a waste of time. Apart from a few new and naive lurkers, I doubt anyone takes her seriously.However in fairness I do look at her posts sometimes, because they are initiated by an algo trigger system. and it is always worth checking out if the is any substance to the recommendation. But, as we all know, DYOR and never rely on bb postings alone. ps For all we know LG could be a paid tr0ll.
Kenj2
11 Nov 2015
Re: Where's Lambrini gone? " Why would anyone post a Sell recommendation after a big fall?"Dazedandconfused, you have failed to understand my posts. My point is that no SELL recommendation was posted by LG, before the sharp fall.Hence anyone following her BUY advice, a week earlier, would have lost a lot of money.
dazedandconfused
11 Nov 2015
Re: Where's Lambrini gone? Oh.. do stop it, girls!! Why would anyone post a Sell recommendation after a big fall? Unless they think it's going further down (which it still did after my buy back). But hopefully stabilised now and market will assess further..
Kenj2
10 Nov 2015
Re: Where's Lambrini gone? My point is that you posted a BUY a week before the results were announced, but you NEVER posted a SELL. The sp has dropped about 230p since the RNS.So how does that make you right?
lambrini girl
10 Nov 2015
Re: Where's Lambrini gone? The closing price on the day you posted your BUY was c734p.<<<kennie I not getting your point..however... I posted a 'weak' buy ..in otherwise a short term trading opportunity..off the £7 pivot I highlited a year previously...the time posted was 28 October 9:30..the price then was 721...just checked my records ..I bought at 09:26:44...at a price of 719.29...as u say there was plenty opportunity to make cash within hours that day @ 737..or a few days later @ 770...u should appreciate different tactics at differing market conditions(volatility)..
lambrini girl
10 Nov 2015
Re: Where's Lambrini gone? Barely a week ago, on 28th October you posted a BUY recommendation when the sp was around 730p.<<<kennie...it was 721 when I posted not long after 772..not a bad return in a short space o time??...
Kenj2
10 Nov 2015
Where's Lambrini gone? Still no response to my post on Saturday!Lambrini,Barely a week ago, on 28th October you posted a BUY recommendation when the sp was around 730p.Then on Thursday you offer this rather lame and weaselly statement."lookin at 20 year chart could hit £3 best avoided for a while...my advice this year has been trading only/bank quik profits..proven well here.. "How were investors expected to take profits after following your BUY rec?The sp was lower for the next 4 days. Only on the 5th day did the sp rise above 730, touching 748p before it came crashing down.You are very quick to claim credit for calls you get anywhere near right.So, now with the sp a full 200p lower, is it not time for a little humble pie?
nk1999
08 Nov 2015
Telegraph- Questor From Friday:"Sell Amec as dividend slashed: The much hoped for recovery in the oil price hasn’t transpired, and now oil services group Amec Foster Wheeler [LON:AMFW] is having to prepare for the long haul by slashing the dividend and cutting costs to the bone. With oil prices having plummeted so far, and with future profits and revenues now so uncertain, oil services companies can’t keep paying out dividends at the previous high levels. With oil prices having plummeted so far, and with future profits and revenues now so uncertain, oil services companies can’t keep paying out dividends at the previous high levels. The final dividend has been cut in half. This will result in a dividend payment of 29p for the year to the end of December. The company paid £124 million, or 44p in dividends last year; dropping it to about 22p next year should brings savings of about £60 million. The big problem for Amec Foster Wheeler, along with the sector as a whole, remains the markedly lower spending from the majors. That could last for quite some time. Amec Foster Wheeler at 574p -173p. Questor says “Sell”."
Kenj2
07 Nov 2015
Re: Sell off!! Lambrini,Barely a week ago, on 28th October you posted a BUY recommendation when the sp was around 730p.Then on Thursday you offer this rather lame and weaselly statement."lookin at 20 year chart could hit £3 best avoided for a while...my advice this year has been trading only/bank quik profits..proven well here.. "How were investors expected to take profits after following your BUY rec?The sp was lower for the next 4 days. Only on the 5th day did the sp rise above 730, touching 748p before it came crashing down.You are very quick to claim credit for calls you get anywhere near right.So, now with the sp a full 200p lower, is it not time for a little humble pie?
Kenj2
06 Nov 2015
Re: Dividend cut Thanks for the links Damp Seaweed.Many of them look more risky than AMFW to me, especially as I don't like banks and financial companies. Others like Shell are imo overpriced at the moment, and Tullow is in the top 100 somehow, despite not paying a dividend since Oct 2014. The drugs companies are indeed good divi payers, but mostly at very high unit prices. The other obviously good payers are the Utility companies, and I have previously held some of these, but again at the moment overpriced imo.I still think that AMFW looks a good bet for a price recovery and a healthy divi in the next 8 months. After that as iii have said divi drops to below 4%, so time to sell perhaps.
Damp Seaweed
06 Nov 2015
Re: Dividend cut Hi Kenji2I'm sure you are more than capable of doing a bit of googling. I tend to use these websites as a starting place.[link] can toggle from the links to other pages provided by the host.But as a word of warning just as you have used a simplistic approach, so do they and only use historical data, So take careThese sites don't pick up Investment trusts and what could best be described as odd ball investmentsegNA.L&display=discussionhttp://www.iii.co.uk/investing/factsheet/J408/henderson-far-east-income-ltd-ordor" target="blank" rel="nofollow">[link] something really racey (not for widows and orphans )[link] above is just a random list that has popped into my head. It is not a selected list of some of my holdings nor is it intended as a recommendation.It is merely a short sample of were you might start to look it you are yield hungry.As with all investments ,,,take great car
Kenj2
06 Nov 2015
Re: NEW ARTICLE: Dividend warning! Dazedandconfused,Interactive Investor have obviously read my critical post. They have changed the wording of their article to now show that the 4% refers to the 2016 dividend and not the 2015 dividends payable in Jan and Jul 2016. Pity they did not have the good grace to acknowledge the correction, or even change the date/time of their misleading article.Original iii post:"At the current share price - down 25% at 559p - Amec offers a prospective yield of less than 4% "Corrected post:"At the current share price - down 25% at 559p - Amec offers a prospective yield for 2016 of less than 4% compared with 5.8% last night. And judging by management's comments, things are bad."
Kenj2
06 Nov 2015
Re: Dividend cut Damp Seaweed,You are right I am taking a simplistic view, and come next June when the Final payment goes Ex-div, I will be considering my options.The last time the shares were this low was in Feb 2009, and I think that the price drop following the recent RNS is overdone. I am gambling on the sp being around 600p in July.I may be right, or I may be wrong, but I haven't raided the family jewels to fund this.I would be interested to hear which lower risk stocks out there are paying 6.5% though.
Damp Seaweed
06 Nov 2015
Re: Dividend cut Kenj2,I think you are taking a far too simplistic view, and are overly focused on the yield coming from the next two dividends. You make the assumption that you could sell the shares for the same price as you bought them. If you intend to keep them then the future yield looks pretty paltry IMHO, based on the expectation that interest rates will rise some time next year and AMFW is not exactly a low risk investment with a progressive dividend.If yield is a priority for you, then there are plenty of lower risk opportunities about offering ~6.5% yields
