Almost Spud-like

Looking at one of the share dealing/advice sites.

They say – correctly – that now might/could/should be a time to look at solid dividend stocks at decent prices and thus higher yields.

OK, still the problem of falling knife catching but still.

Then they recommend a stock on a 2.6% yield. A below FTSE100 yield is a yield stock? Well, hmm.

Oh, and it makes its money by organising trade exhibitions.

Really?

10 thoughts on “Almost Spud-like”

  1. As you say, a falling knife, but also dead cat bounces and who knows what else. On top of that, we will see dividend cuts. Even a company like Royal Dutch Shell which hasn’t cut its dividend since World War II, might cut it now, first time for everything.

  2. I never cease to be amazed at the irrationality and herd-instinct of “the market”. Sure, I can see that Shell, BP et al might be forced to reduce their dividends in the future – a >25% drop in the price of oil isn’t going to do their bottom-lines any favours. I have more difficulty understanding why companies that are, to all intents and purposes, unaffected by such outside events get marked-down as part of the general panic.

  3. Look at who writes this stuff: new university graduates with a 2:2 in business studies. Might even be a bot churning out articles: IF crash > 20% THEN recommend random stock.

  4. they recommend a stock on a 2.6% yield. A below FTSE100 yield is a yield stock? Well, hmm.

    Oh, and it makes its money by organising trade exhibitions

    Conference & Exhibition and Hospitality two or most hit sectors imo

    – “I’m afraid it’s COVID-19 (Coronavirus has had a re-brand) that once again dominates the news this week.

    We have had more high profile audio companies pull out in the last week from the Prolight + Sound exhibition in Frankfurt, despite the organisers moving the show from March to May. InfoComm South East Asia has also been postponed (from May to July).

    One show that is going ahead as planned is Digital SIgnage Expo in Las Vegas later this month. As always with the situation, the desire that many of us feel that business must go on should be weighed against official advice from the corresponding government departments.
    Paul Milligan, Editor”
    https://www.inavateonthenet.net/

    – “From: Marriott International
    To:
    Subject: A message from our CEO
    Date sent: Sat, 14 Mar 2020 04:42:31 +0000

    …for guests with existing individual reservations, including reservations with pre-paid rates that are typically more restrictive, we will allow changes or cancellation without a charge up to 24 hours prior to arrival as long as the change or cancellation is made by April 30, 2020. For guests making new individual reservations between today and April 30, 2020, we will allow those reservations to be changed or cancelled at no charge up to 24 hours before a guest’s scheduled arrival date. Please visit our website for the most up-to-date information and for additional details about availability and exclusions…

    Arne Sorenson
    President and CEO, Marriott International”

    @Baron

    Med COs
    https://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/GB0009223206GBGBXSET1.html
    https://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/GB0009252882GBGBXSET1.html
    https://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/GB0009895292GBGBXSET1.html

    All Down – seems strange to me

  5. Andrew M, which stuff? One I linked to was in GS hedge fund sales, remember him visiting the office in the 90’s – but sure, most of the stuff I read on investments and markets, I already learned in the 80’s and lived it since, now it makes mostly embarrassing reading…I could tell you stories. Book idea, 90’s and 00’s hedge fund employee gets wined and dined by clients, wall to wall totty, passes the actor Ian Holm on his way to the bog in Locando Locatelli, Holm sitting next to the male toilet with his male companion.

  6. Rich, cask ale, failing that, bottled ales.Breweries I like: Ilkley, Saltaire, St Austell,Pilsner Urquell.

    I only had drugs once. 1986 after my national service, two weeks in Rhodes. Bought some, smoked it, I was so ill, I went for the foetus position early in the evening, I wanted to puke but couldn’t. Luckily I passed out.

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