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Topped up BT.A

For discussion of the practicalities of setting up and operating income-portfolios which follow the HYP Group Guidelines. READ Guidelines before posting
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tjh290633
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Topped up BT.A

#136636

Postby tjh290633 » May 3rd, 2018, 6:23 pm

I added about 16% to my holding of BT.A today at 235p. No obvious reason why the price fell over 4% today, but the results are out shortly. This brings it up to just about median weight.

As a result my top-up table now looks like this:

Top-up          Income                     Cost                
Rank EPIC Rank EPIC % Income Rank Epic % Cost
1= MARS* 1 TW. 5.68% 1 GSK 4.36%
1= VOD 2 MARS 4.33% 2 MKS 4.20%
3 MKS 3 RDSB 4.27% 3 PSON 3.98%
4= BATS 4 RIO 4.20% 4 RDSB 3.98%
4= TATE 5 SSE 4.15% 5 LLOY 3.94%
6= BT.A 6 IMB 4.15% 6 MARS 3.87%
6= NG. 7 BT.A 4.10% 7 CLLN 3.82%
6= SSE 8 GSK 3.95% 8 SSE 3.74%
9= IMB 9 MKS 3.86% 9 AV. 3.73%
9= LLOY 10 BP. 3.81% 10 BT.A 3.72%
11 KGF 11 AV. 3.71% 11 BLT 3.52%
12 UU. 12 ADM 3.67% 12 LGEN 3.40%

As always, I disqualify shares which would breach my limits of 5% share of income or cost. Of those in the table, only MARS is disqualified by virtue of share of income. Adding to BT.A has now made MKS eligible, with its share of cost now only 4.20%.

There are a lot of results coming up during May. The top up ranking continues to be volatile, as can be seen by the number of level-pegging shares.

TJH

andyalan10
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Re: Topped up BT.A

#136654

Postby andyalan10 » May 3rd, 2018, 7:28 pm

Some analyst today said UK ripe for Fibre to the Home (FTTH) competition, which will be a negative for BT.

On the other hand over 6.5% historic yield, most of those have disappeared lately due to share price rises.

Andy

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Re: Topped up BT.A

#136731

Postby Arborbridge » May 4th, 2018, 7:36 am

tjh290633 wrote:I added about 16% to my holding of BT.A today at 235p. No obvious reason why the price fell over 4% today, but the results are out shortly. This brings it up to just about median weight.


As they used to say on "Yes Minister": A brave decision, if I may say so, Minister.


But more seriously, BT must be in line for my next top up so I'm encouraged that you have done this and remain confident in the future.

The slight problem I have at present is that asymmetric availability of funds in my various broker accounts may prevent topping up in the usual way. Putting that into English (!) funds are short in the account in which the BT shares are held.


Arb.

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Re: Topped up BT.A

#137343

Postby Hypster » May 7th, 2018, 10:18 am

It was a great day to top-up. Do you target cash holdings at a particular level for opportunities like this to come along? As my HYP is in the building phase I can't resist investing as soon as I have enough cash for a top-up.

mike
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Re: Topped up BT.A

#137352

Postby mike » May 7th, 2018, 11:56 am

Maybe wait until later this week before topping up

https://www.telegraph.co.uk/business/2018/05/05/bt-dividend-threat-pensions-face-top-up/

BT faces a fight to save its dividend as it prepares to reveal a £13bn funding black hole in its pension scheme.

The company will reveal the impact of its triennial pension review alongside annual results on Thursday [10 May], a move that is expected to trigger a sharp increase in top-up payments to as much as £1.1bn annually.

tjh290633
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Re: Topped up BT.A

#137387

Postby tjh290633 » May 7th, 2018, 5:28 pm

Hypster wrote:It was a great day to top-up. Do you target cash holdings at a particular level for opportunities like this to come along? As my HYP is in the building phase I can't resist investing as soon as I have enough cash for a top-up.

I have a target level for accumulated cash, which makes the brokerage and stamp duty under 1%,.

That means that I can have 10 or 12 top-up deals in a year, unless some other cash arrives serendipitously or I take some cash out. I'm not looking to add new holdings unless I have a total disposal.

TJH

tjh290633
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Re: Topped up BT.A

#137388

Postby tjh290633 » May 7th, 2018, 5:30 pm

mike wrote:Maybe wait until later this week before topping up

https://www.telegraph.co.uk/business/2018/05/05/bt-dividend-threat-pensions-face-top-up/

BT faces a fight to save its dividend as it prepares to reveal a £13bn funding black hole in its pension scheme.

The company will reveal the impact of its triennial pension review alongside annual results on Thursday [10 May], a move that is expected to trigger a sharp increase in top-up payments to as much as £1.1bn annually.

That, of course, is one of the reasons for the depressed share price. Thursday is the day for reading RNS posts.

TJH


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