16 Comments
Dec 17, 2023Liked by Cockney Rebel

Worth mentioning that LIO [I hold] has an eye watering dividend. Sustainable? I've no idea, above my pay grade. I do think the SP has more or less bottomed though and the GAM takeover fiasco was also put out of its misery in this calendar year. Roll on 2024...

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Great review as always - Thanks for the regular reviews and the mention in this one - Have a great Xmas and New Year yourself

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Thank you very much, and the same to you and yours

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Thank you Ron, hope you are well

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Can't give you the lot as I'm still increasing positions in smaller new stuff but WOSG, MKS, RR. AVON, CARD, OTB are the top 6

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Yes, I forgot to mention the divis on both LIO and ECEL, circa 12% and 5.5% respectively. Interesting ECEL clipped the interim divi because they thought they might not see the normal autumn pick up - if they have seen the uptick then perhaps they will revise their decision going fwd or add it back to the final divi? LIO divi is a monster, if they maintain that the shares will fly, I'd say a 50% cut at least is priced in imo

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Thank you Charlie

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Thank you Nicholas. Some greatly under estimated and under valued stocks out there - I think after a 2.5 year bear market the chances of a bumper year in 2024 are very good.

ECEL has a great divi, I should have mentioned the divi. It has been clipped a bit but still big. I think the co reduced it slightly as they were not confident of getting the autumn seasonal bounce that they get each year, according to investormeetcompany presentation. If Epwin have had a decent last Q as they said then perhaps a pleasant surprise in store at the next update, perhaps the divi will be kept up a bit. It's 5.5% even after the clip still.

Richard

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Thank you once again for your excellent weekend review. Particularly relevant for me this week as I hold HWDN and BDEV. I also started building a position in ECEL about 3 months ago,looks promising and a cracking yield to boot. I think it was one of Paul Scott’s tips for 2023. Thanks for mentioning LIO, will take a look. Just wanted to say that my wife and I were in our local Card Factory in Louth last Saturday. I know it was only 2 weeks to Christmas but it was absolutely packed!! Went over the road to the WH Smith’s to compare and there was just 1 person in the card section. Have a wonderful Christmas!

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Happy xmas fella

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As astute as ever . Excellent. My choice at the moment is COST

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Cockney, another great read! Thank you. What is your current portfolio make up / composition if you don’t mind me asking? Cheers

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Another great weekend review Cockney, thanks for sharing your thoughts. It certainly feels as if investor mindset is turning positive & some recent moves suggest FOMO is playing its part. All the best for Christmas 🎄 Enjoy that M & S Turkey 🦃

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Thanks for your weekly reviews. Always an engaging and helpful read. Have a fabulous Christmas 🎄and New year.

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