Could be a very bad decision - No accounts have yet been published, much later than the usual date. I don't own these bonds due to the high risk, not worth the coupon rate.
I too noticed that they had been edging up very gradually.
Their half year (…
Colin, I agree, I too have been monitoring what the banks have to offer in safe cash ISA's. Could be a safe haven for a couple of years during the impending storms.
Never felt safe in stormy weather in my kayak, especially those coming off the Atlan…
Fang, moving out of Prefs, Pibs and Corporate Bonds into Cash (or a cash ISA for my "Stocks & Shares ISA portfolio) has been on my mind, in particular for the undated securities.
However should interest rates go marginally up over a longer perio…
I suspect many investors are loathed to sell any of their "Fixed Income" portfolio, in particular UK Corporate bonds (orb), especially if they have a yield of around 5%.
Recent investments into "Alternative income" eg infrastructure funds (HICL, MX…
ISA Eligibility (page 52) of the Prospectus
This could be an issue for potential investors - needs checking!
"One criterion of ISA or LISA eligibility is that the securities are issued by a “body corporate having
share capital” (for example, an En…
Ps, the few were PF21 6% maturing Sept 2021
sold a few on 8th Nov 2017 @ 98.45 on the basis the price was good for the risk, and that further bad news was likely to occur (they usually come in 3 lots?)
I suspect a good buying opportunity on "bad news" from yesterday.
Managed to purchase a few at 87.25 giving a yield to maturity of 11.5%
Sold my remaining holding in Ladbrokes LAD2
Paddy, should they go for a rights issue, then bond holders will be…
Perhaps not for a normal "retail investor", despite being on the "order book for retail bonds". With the United States of America having a clown as their President, anything could happen which could effect the standing of the US Dollar.
In normal c…
I find the LSE site, with a dummy portfolio useful as I can also monitor the share price of the companies I have holding corporate bonds. I setup indicating I have a single share/bond only.
Also provides a quick indication of whether long term yield…
Does anybody know when Wasps will be (or should be) publishing their annual results?
For the previous 2 years , they had them published 30/31st October
Any LSE regulations re submitting their accounts to an agreed timetable?
Been very happy with YouInvest
Based on £250K portfolio annual charge would be £30 (not the Equiniti charge of £875)
For Bonds and PIBS, it requires a telephone call to deal at £9.95 (very good service)
Indicates that perhaps this is not the time for UK investors to be entering the property market. I think a few savvy UK investors are selling to keen overseas investors, who may be buying at the top of the market. Eg, Former Bear Stearns HQ at 5 Chu…
Arjungaur, thank you
Very interesting re your link, in that 2 of the founders worked for Experian.
Guess what, currently Experian don't give the new operation a very good credit score!
More importantly those, seeking finance though a 5.25% bond for …
No past history, new organisation
Suggest any potential investors review past Directors activities on Companies House etc
Not for me, already have enough property investments!
Note the min Qty of 10K, plus the reset of coupon in 2026
I suspect Aviva may offer a tender to encourage investors to sell.
Both Tesco & Nationwide have tendered their debt in the past
If you don't accept their tender offer (current…
Targeting an "absolute 5% return" (ie combined income/capital) without risk is I would say nearly impossible. Short dated Orb bonds maturing 2021/23 might be a better bet, but with likely yield of around 3.5%.
eg PFP2 = 3.8%
ICG3 = 3.2%
Morgleman2, a very difficult question to answer.
What one can ask one-self, is a few simple questions
1) How have other REITs performed recently? I took a very small punt on Derwent London (DLN), last March, cost price £2800, price now £2685, so not…
Paddy, thanks for the article re shorting the FTSE, very interesting and certainly only to be used on short-term basis. AJ Bell is right to treat them as "complex instruments".
I think I will keep to the duller and possibly safer world of fixed int…
What a surprise, no doubt they didn't want stock brokers to take orders over the weekend, to avoid scaling down the issue.
Oliver, brilliant write-up on the issue. Was planning to review the prospectus this weekend, however no point now.