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Geebert's HYP

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Geebert
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Geebert's HYP

#144329

Postby Geebert » June 7th, 2018, 4:26 pm

Hi all, long time reader here although I seldom post. I've had problems getting my password reset too, so it was a nice surprise to see the password reset function working today.

Here's the breakdown of my portfolio at the moment. It's not a pure HYP as there are a few lower yielders in there.
cost perc = Purchase price divided by total purchase price.
curr/med = Current value divided by medium holding.



Apologies for not adding in yield info, it looks like I need to update my excel spreadsheet as it's not updating that info automatically.

Sector Weighting:



I'm not really sure what to add to next. If I were to add to an existing holding I'd probably only add to one of the following due to various reasons (company holding too large, sector percentage too large, etc):
HSBC Holdings
Marston's
BHP Billiton
Lloyds Banking Group
SSE
Brown (N.) Group
BT Group
British Land Company

I'm happy with adding a new holding if necessary. I was tempted by adding non-life assurance, perhaps in the form of Admiral Group (ADM).
I'm open to other suggestions though...

tjh290633
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Re: Geebert's HYP

#144335

Postby tjh290633 » June 7th, 2018, 4:57 pm

You have 24 holdings (I think), which is a nice number, and a good selection of companies. No need to be in a hurry to add new holdings, although ADM would be a good fit.

Remember that SSE is likely to spawn another company if the merger goes through.

Regarding topping up, you have to rely on your own situation, which is peculiar to you. In my case, BT.A and VOD are level pegging, but you have more VOD than me. LLOY might be the best of the bunch for you, with a cursory glance.

TJH

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Re: Geebert's HYP

#144340

Postby monabri » June 7th, 2018, 5:20 pm

Working from the bottom of the list where your % holding is lowest, I'd go for a top up of Lloyds (skipping over WG and CNA).

idpickering
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Re: Geebert's HYP

#144343

Postby idpickering » June 7th, 2018, 5:32 pm

Nice looking HYP, with some not oft mentioned holdings hereabouts. I agree with TJH in that you have no need to rush to add anything new unless you want to. In your shoes I'd top up my lesser valued holdings before venturing into pastures new. I also agree with monabri regarding topping up Lloyd's. If you want a newbie, why not a strictly water company? I have United Utilities there.

Ian.

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Re: Geebert's HYP

#144353

Postby Itsallaguess » June 7th, 2018, 7:27 pm

Geebert wrote:
Apologies for not adding in yield info, it looks like I need to update my excel spreadsheet as it's not updating that info automatically.


Here you go -



cost perc = Purchase price divided by total purchase price.
curr/med = Current value divided by medium holding.

All data from Digital Look - please double-check anything in the above table before using it in anger for investment purposes....

Hope this helps.

Cheers,

Itsallaguess

Hypster
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Re: Geebert's HYP

#144357

Postby Hypster » June 7th, 2018, 8:10 pm

Thanks for sharing. I agree with the others regarding a Lloyds top-up.

moorfield
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Re: Geebert's HYP

#144371

Postby moorfield » June 7th, 2018, 9:34 pm

Geebert wrote:It's not a pure HYP as there are a few lower yielders in there.


I think low yielders are acceptable picks if the overall portfolio yield remains high (above FTSE100), but obviously you'd need to find good reasons for eliminating higher yielding candidates first. ULVR is the perennial case in point, which I see you hold already.

Geebert wrote:I'm open to other suggestions though...


Tobacco is an obvious missing sector, specifically IMB (Imperial Brands) yield 6.8% today - I have just put a top up order in tonight for my Monday cheap day dealing.

idpickering
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Re: Geebert's HYP

#144405

Postby idpickering » June 8th, 2018, 5:01 am

moorfield wrote:
Tobacco is an obvious missing sector, specifically IMB (Imperial Brands) yield 6.8% today - I have just put a top up order in tonight for my Monday cheap day dealing.


I'd love to follow your lead, but I've spent enough on Imperial Brands already. :)

Ian.

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Re: Geebert's HYP

#144513

Postby funduffer » June 8th, 2018, 1:51 pm

idpickering wrote:Nice looking HYP, with some not oft mentioned holdings hereabouts.

Ian.


PAY and BWNG caught my eye.

I have not looked at these for my HYP.

Good looking yields.

Geebert
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Re: Geebert's HYP

#144517

Postby Geebert » June 8th, 2018, 2:08 pm

Thanks for all the comments chaps, most appreciated.

Today I've changed a few things. I topped up Lloyds (at 62.82p) as well as BT (at 205.93p).

I then had a look at my spreadsheet to see where my next purchase/top-up would be. (I've ruled out cigarette companies). Also I had no intention of topping up Wood Group (WG.) so decided to sell my small inherited holding (at 652.4p), then bought a full holding of Admiral (ADM) (at 1,917.70p).

Portfolio from HYPTUSS is now:



Sector weighting is now:


Dod101
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Re: Geebert's HYP

#144518

Postby Dod101 » June 8th, 2018, 2:15 pm

funduffer wrote:
idpickering wrote:Nice looking HYP, with some not oft mentioned holdings hereabouts.

Ian.


PAY and BWNG caught my eye.

I have not looked at these for my HYP.

Good looking yields.


Beware yields like that. They are as they are for a very good reason. Like Centrica.

General Rule No 1 (per the Sage of Omaha) Do not lose money

General Rule No 2 (per Dod of TLF) Be very wary of yields of more than 150% of the FTSE100 average.

Dod

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Re: Geebert's HYP

#144521

Postby monabri » June 8th, 2018, 2:29 pm

In reply to Dod's comment, I'm guessing that Geebert is aware of the increasing debt levels at N Brown and inclusion is after a consideration of risk / reward and thus is held at a low %age holding. I would express concern on Divi sustainability.

idpickering
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Re: Geebert's HYP

#144556

Postby idpickering » June 8th, 2018, 4:34 pm

Dod101 wrote:
Beware yields like that. They are as they are for a very good reason. Like Centrica.

General Rule No 1 (per the Sage of Omaha) Do not lose money

General Rule No 2 (per Dod of TLF) Be very wary of yields of more than 150% of the FTSE100 average.

Dod


Wise words indeed Dod. Remember HYPers, if a yield looks to good to be true, then it's probably not a safe bet, and is in reality untrue.

Ian.

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Re: Geebert's HYP

#144570

Postby kempiejon » June 8th, 2018, 5:33 pm

funduffer wrote:PAY and BWNG caught my eye.

I have not looked at these for my HYP.

Good looking yields.


I have both in another portfolio not really HYP as both smaller caps and cover on paypoint is too thin.

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Re: Geebert's HYP

#144581

Postby Wasron » June 8th, 2018, 6:16 pm

PayPoint (PAY) has a high yield after announcing another special dividend. They have been paying specials for the last couple of years.

Without them they would yield around 4.5%.

They’ll be on the small side for some but offer some decent counter-cyclical diversification in my view, with a bit of Eastern European exposure added in.

I hold PAY.


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