The Ukraine War continues, interest rates are still climbing, with more to come – but US inflation might already have peaked. Quite a few dividends received, which is nice (approximately 2% of my Portfolio this quarter from all that Reporting March / April time). Outperformed the FTSE by 3.2%.
Review written 15 July due to other demands for my time.
Sells – see individual write-ups for justifications
CEY: One of those that I just ride the cheap / expensive cycle.
888: Out of these currently. Never say never again, though but read my recent Report.
Buys – see individual write-ups for justifications
888: several tranches, now all sold. Got Lucky. See separate Posts
VOD: Top-up. C’mon, it’s got to stop dropping soon and is sitting on a great yield.
TEP: Great share at a reasonable, slightly depressed price.
IGG: High margin, online-only offering at a reasonable price for tucking away.
BATS: Top-up. Smokers gonna keep smoking and the vape Market is interesting.
SMDS: Topped up on a dip on good results. Amazon isn’t going anywhere, so packaging will be needed for a while yet.
Fewer buys and sells than the last quarter. Perhaps I am getting the hang of this Buy and Hold lark.
This quarter’s trading again shows that you never know what is around the corner and it’s never wrong to take a profit (888). Sentiment is still weighing quite heavily on the Market and if I had more cash there are certainly some very interesting shares such as JMAT, 888, IWG, PRU, PIER amongst others.
I’ve subscribed to Stockopedia this quarter, which is a great store of raw data. The discussion Boards Signal to Noise ratio compared to certain Bulletin Boards (looking at you, ADVFN) is in a different league. This is already throwing up some stocks I need to examine more closely. I’m hoping to post on a few of these in the near future.
Raw stats:
Q2 gain (adjusting for cash in and out)
Portfolio: 2%
FTSE: -1.2%
I’m more than happy with this, especially considering I have quite a few Property stocks currently weighing on it. About 4% of the gain can be attributed to the trading of 888, so. I would have made a loss otherwise – but that’s what having a Portfolio is about!