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Good home for cash for good divis please. (DIVI)     

stockbunny - 13 Jun 2004 16:21

I am fed up with watching a tracker fund I have mooching about doing
absolutely nothing - it's been a bit like watching paint dry I can tell you!
So I am withdrawing funds from it to put elsewhere.

I am looking for a very good divi payer with minimal risk so the safe
and boring usual suspects! Yes I know it could be banked but even with a good
interest rate it is possible to do better via divis and I can't ISA it..

I already own some Severn Trent and Scott & Southern energy ones, but really
don't want to put more money into those currently as the prices are skyhigh.

Any tuck away beauties anyone likes that I could look into?
Viridan looks interesting. AWG looks best avoided I think as does
United Utilities - but do you know anything that mitigates the bad press?
Ta and thanks chaps and chappesses in advance!!

Fred1new - 13 Jun 2004 19:08 - 4 of 17

Have a look at these. Ftse small or midcap.
Name P/E Rolling P/E 2 PEG Rolling PEG 1 Projected PEG Yield Rolling Yield 1
Austin Reed Group PLC 65 21.78 0.38 0.34 0.8 6.08 6.08
Zotefoams PLC 35 20.07 0.78 0.65 0.5 7.14 7.31
Aberdeen Asset Management PLC 26 14.5 0.66 0.51 0.5 5.58 5.58
Fenner PLC 21 12.76 0.51 0.65 0.7 6.01 6.01
Tibbett & Britten Group PLC 20 12.14 0.24 0.33 0.9 5.85 5.85
ISIS Asset Management PLC 15 11.67 0.78 0.7 0.6 6.75 6.75
Hitachi Capital (UK) PLC 11 7.81 0.6 0.55 0.6 5.14 5.22



Only thing is some of the graphs look a little daunting to me, but others have appeal. Aberdeen Asset graph appears Ok with good recovery. But DYOR

little woman - 14 Jun 2004 14:16 - 5 of 17

VRD - I have to admit I'm biased to this share. I still have a certificate for
this one, as I have no intention of ever selling it! Held for more than 11 years.
In my portfolio, I paid 1.80 per share, currently 5.90-6.00 a share. But thats
not why I've kept it, on my 1.80 a share my dividend return has always easily
beaten the highest interest available (and every year the dividend has
increased from the previous year.)

VRD (Viridian) used to be known as Northern Ireland Electric, and yes they
have increased competition in Northern Ireland for business, which is why they
have expanded the business over into Southern Ireland which is a far bigger,
more lucrative and growing market!

38 - 14 Jun 2004 17:27 - 6 of 17

I have some research if you want to drop me a line.

stockbunny - 16 Jun 2004 10:19 - 7 of 17

Sorry usually say Thanks to those who respond promptly, but have been
very caught up in other things! So thank you all and 38 I will send you
an email via the moneyam board.

Scripophilist - 16 Jun 2004 11:13 - 8 of 17

Give a person a fish and they will feed themselves for a day. Teach them to fish and they will feed themselves for ever.

http://www.moneyam.com/InvestorsRoom/ShowPostList?fID=1&tID=3288

Big Al - 16 Jun 2004 11:38 - 9 of 17

I stuck a few LLOY away in the ISA months ago. Had 1 divi already and would only worry if it was substantially cut or the price wnaders below 400p for any length of time.

Scripophilist - 16 Jun 2004 13:50 - 10 of 17

My only concern with Lloyds is the exposure to derivatives. That's why I tend to avoid financials unless I can clearly understand their exposure.

I think AGA looks an interesting play. Near book value, reasonable yeild, strong balance sheet and buying back stock. Should limit any downside.

If it where 60p or so cheaper it would be a stonking buy. Intangibles are high but I haven't researched in properly so can't comment.

Scripophilist - 16 Jun 2004 13:51 - 11 of 17

Bought PZC last year, there are a bit more expensive now but still ok value if you are looking to hold longer term.

stockbunny - 16 Jun 2004 14:25 - 12 of 17

Scripo(etc!) thank you for your ideas and also Big Al (I also hold
LLOY and agree completely with your thoughts...I just want it to drop a
fraction before considering it further...Mean I know but margins are margins.
Will watch SVT post-ex-div to see if people take profits, if they do and
it drops nearer 750p (or below) I shall be in there like a shot!
Be lucky and Scripo. good luck with the course/seminar thingie.

38 - 16 Jun 2004 17:34 - 13 of 17

Stockbunny hi - got your mail. I have about six sides of research that I can drop in the post or fax to you that may be of interest. Something of a technical problem at the mo, so can't mail you back.

If you want to drop me another mail with some contact info I'll fax them or post as you wish. (post in this contex means Royal Mail !)

Question to the House: Why is it impossible to sit more than three computers two printers and a fax machine and a telephone in one room without (1) them blowing up or (2) paying someone under 25 twice their age in salary to cast bones in the corner and wave the magic wand ?

"Know much about computers Guv ? No ? Well its your Woggle Amps, they've sheared right off "

Scripophilist - 16 Jun 2004 20:27 - 14 of 17

Missed MRX off my list, good balance sheet, dividend well covered, yeilds 6-7%

bingobingham - 18 Jun 2004 12:53 - 15 of 17

UKC

stockbunny - 18 Jun 2004 14:02 - 16 of 17

38 - don't worry for now, although thank you sincerely for your
offer, it was most appreciated - a different potential 'iron in
the fire' has come to light which is not stockmarket based, so
currently waiting on details to consider it.

38 - 18 Jun 2004 16:47 - 17 of 17

No worries, anytime.

Regards

38
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