IDP's HYP as of 25 Mar 21

[idpickering]

Good afternoon all. Here's my HYP as of today, which I last posted here on 14 Jan 21, here; viewtopic.php?f=15&t=27334&p=377098#p377098

Since then I've topped up my holdings, in my usual manner, of reinvesting the dividends received each month, into my chosen pick for that month thus;

In January and February, I topped up my GSK holdings, and this month, both BAE Systems and Primary Health Properties got the nod.

Consequently, listed by way of capital value holding weight (as promised) my HYP now looks like this;

Share                       Weight

Legal & General              6.0%
BHP Group                    5.4%
Rio Tinto                    5.3%
Admiral Group                5.3%
Shell (RDSB)                 5.0%
British American Tobacco     4.6%
BAE Systems                  4.6%
IG Group                     4.5%
Vodafone                     4.4%
Phoenix Group                4.4%
BP.                          4.3%
National Grid                4.2%
Tate & Lyle                  4.2%
GlaxoSmithKline              4.2%
Standard Life Aberdeen       4.1%
SSE                          4.1%
Unilever                     3.7%
United Utilities             3.5%
Schroders (non-voting)       3.3%
Primary Health Properties    3.3%
Sainsbury                    3.2%
AstraZeneca                  3.2%
Tritax Big Box               3.2%
Tesco                        2.6%
Diageo                       1.8%

nb. The law of ish applies.

I'm looking at topping up my Tesco holdings next month?

Comments welcome.

Ian.

[Adamski]

Is the reason for topping up Tesco that they look oversold, after the February sell off?

[idpickering]

Is the reason for topping up Tesco that they look oversold, after the February sell off?

Thanks for your post Adamdki. In short, yes. There are other reasons to top up my TSCO holdings though. The 4.3% yield on offer I find attractive, and at 2.6% in capital value weighting, as mentioned above, they could do with being nudged nearer to my average value weighting I think.

Ian.

[kempiejon]

Is the reason for topping up Tesco that they look oversold, after the February sell off?

Thanks for your post Adamdki. In short, yes. There are other reasons to top up my TSCO holdings though. The 4.3% yield on offer I find attractive, and at 2.6% in capital value weighting, as mentioned above, they could do with being nudged nearer to my average value weighting I think.

Ian.

I don't hold TSCO but I was looking at it recently - specifically the February sell off? Was this the 60p odd drop on 15th? Tesco had a capital re-organisation and went ex-special dividend of 50p on that date.

[IanTHughes]

Is the reason for topping up Tesco that they look oversold, after the February sell off?

I think that you will find that Yield had something to do with it


Ian

[idpickering]

Is the reason for topping up Tesco that they look oversold, after the February sell off?

I think that you will find that Yield had something to do with it


Ian

Thanks for your input Ian. That's pretty much what I said. Mind you, my next scheduled top up isn't until 22 Apr 21, unless I adjust that date, and things can change between now and that date. In short, I'll make my mind up nearer that time.

Ian.

[idpickering]

I don't hold TSCO but I was looking at it recently - specifically the February sell off? Was this the 60p odd drop on 15th? Tesco had a capital re-organisation and went ex-special dividend of 50p on that date.

That's correct. In fact the special was 50.93p per share.

See; https://www.dividenddata.co.uk/dividend ... alDiv=true

Ian.

[absolutezero]

Given you are a tinkerer and SLA released some rather lacklustre results.
Have you considered selling SLA and replacing it with MNG?

[csearle]

Given you are a tinkerer and SLA released some rather lacklustre results.
Have you considered selling SLA and replacing it with MNG?

Which raises a good question: when do tinkerers consider it appropriate, in practice, to tinker?

Rather than mess up Ian's thread with this I'll start a new one about tinkering in general (rather than about the specific question you asked of Ian).

C.
PS A few posts deleted to tidy things up.

[Arborbridge]

Given you are a tinkerer and SLA released some rather lacklustre results.
Have you considered selling SLA and replacing it with MNG?

[Cited off-topic text deleted]

Call me naive, but I'd take that comment by AZ at face value: it's a perfectly genuine suggestion. So this is the correct board (I hope won't mind my saying - not always true for AZ, however ) Pyad himself suggested MNG is worth a look, and several people have doubted the value of SLA as a stable HYP share.

Personally, I added MNG to ArbsWyf HYP but did not sell SLA.

Arb.

[idpickering]

Given you are a tinkerer and SLA released some rather lacklustre results.
Have you considered selling SLA and replacing it with MNG?

[Cited off-topic text deleted]

Call me naive, but I'd take that comment by AZ at face value: it's a perfectly genuine suggestion. So this is the correct board (I hope won't mind my saying - not always true for AZ, however ) Pyad himself suggested MNG is worth a look, and several people have doubted the value of SLA as a stable HYP share.

Personally, I added MNG to ArbsWyf HYP but did not sell SLA.

Arb.

I do have previous fortinkering I admit, but I’m trying to not do so more recently. In fact I haven’t sold anything since last August. I agree MNG are worth a look, but when they have a bit of longevity in their own right. Also, with a nod to Dod, I’m warey of chasing higher yields just for the sake of it. So in short, I’m leaving my HYP as is for now. Thanks for the suggestion though.

Ian.

[IanTHughes]

Given you are a tinkerer and SLA released some rather lacklustre results.
Have you considered selling SLA and replacing it with MNG?

[Cited off-topic text deleted]

Call me naive, but I'd take that comment by AZ at face value: it's a perfectly genuine suggestion.

So you consider the unforced trading of a current historical yield of 5.00%, as a genuine suggestion?

Fair enough but personally, I would recommend following the HYP Strategy. But I do not want to be "Cited Off-Topic" for this board again, so I will say no more here.


Ian

[idpickering]

my next scheduled top up isn't until 22 Apr 21, unless I adjust that date, and things can change between now and that date. In short, I'll make my mind up nearer that time.

Ian.

Morning all. I'm just returning to this thread to confirm that the top up of my TSCO holdings scheduled for tomorrow will proceed. In effect, the value of the top up is similar to the 'special' they paid out to me anyway. The top up will nudge TSCO to being about 3.2% in capital value terms of my, still, 25 share HYP. Thereafter, I'll be leaving my TSCO holdings well alone, and am not considering a further top up of them any time soon. Nor am I toying with adding anything new as nothing leaps out at me as worthwhile currently. I'm very open to suggestions from others though.

Ian.