Folks,
Please be reasonable. ULVR is a low yield share, not a high yield share.
ULVR is doing about 3.05% now, and FTSE-100 is running at about 3.81% *
That is pretty typical for ULVR and FTSE-100. It is not a high yield share, on the contrary it is a low yield share. It is a fantastic low yield share.
Yes occasionally there are aberrations and opportunities, just as with all shares. Yes occasionally some have gone and added it into their portfolios, and they may call their portfolios HYP portfolios. I can even believe that for some it might have been conceivably been a entirely valid HYP pick on that day after they had run through the list of HYP rules. But it is very much unusual if that is the case, exceptional even.
So please do not use the excuse of a rare exception to justify substantially intruding on what is intended as a board that is helpful to those pursuing HYP-Practical portfolios. By all means note en passant brief items about ULVR (or similar), or note it within your overall portfolios, on the HYP-Practical.
But please do not expect to start long discourses about ULVR and not wind up those of your peers who really do not want it cluttering up a HYP-Practical board that is intended for practical discussion of HYP-Practical. They are entitled to their views, and since it is a board for discussing HYP-Practical shares and portfolios their views are reasonable. Please give them the benefit of your tolerance, and move deep discussions about low yield shares, or portfolios including lower yielding shares, somewhere else - there are many other candidates. Otherwise we as Mods are forced to step in as I did on this occasion. Basically if I get an alert from somebody regarding a misplaced share/thread on HYP-Practical then there is roughly a 50/50 chance that I'll look at it and decide they are right to be miffed. So it is best to think about it yourself, in advance, and decide if there is a better place to say what you want to say. Perhaps even use the High Yield General board for discussing the care & maintenance of portfolios that happen to include low yield shares ? Doing that before winding up your fellow investors would be far better from my perspective, rather than crashing on into HYP-Practical and setting off alerts from your peers, that in turn draw one or other Mods to the scene.
Conversely if one examines the view that the historic exceptional buying opportunity that you once encountered means it is fair game to discuss ULVR (or similar) at length all over the HYP-Practical board then please appreciate that a great many FTSE shares will completely swamp the HYP-Practical board, and we as Mods will have no tools to stop it. And then the utility of that board for those of a HYP-Practical mindset will be greatly diminished. And that will lead to much wailing and gnashing of teeth.
And please keep a sense of proportion. The sky has not fallen in because I moved a thread. And ULVR is still a very nice share to own if you can buy it at a good price. And there are many places to discuss it. And it is fantastic glorious weather.
And I am now at risk of having written a post that is as long as G would ...... so best I stop.
regards, dspp
* I'm just using quick google numbers:
http://siblisresearch.com/data/ftse-all ... -dividend/https://www.dividenddata.co.uk/dividend ... ?epic=ULVRI'm sure I can find other numbers, but these do illustrate the general point.