A few months ago the China Dolls invested in Costain, a large construction company. This selection was based on the new governments decision to promote housing growth. We are delighted that our investment in this company has already increased by 36%.
This month we decided to look into investing into a home building company. Our decision on which company to invest in was based on their performance over the past few months and, of course, the dividend yield.
The company we chose is:
TAYLOR WIMPEY: In 2007 George Wimpey and Taylor Woodrow merged to form Taylor Wimpey. The home building and construction heritage of both companies, dates back more than 100 years. https://www.taylorwimpey.co.uk/corporate/our-company
Taylor Wimpey plc is a UK-focused residential developer which also has operations in Spain. They build a wide range of homes in the UK, from apartments to six-bedroom houses and build over 10,000 homes each year. They also make a positive contribution to the communities in which they work by developing infrastructure and making financial contributions to local authorities.
The share price has risen 6% over the past 6 months and currently yields a dividend of 5.78%, which, of course, pleases our Treasurer, Pam S.
The China Dolls invested £2000 into this company at a price of 165p - we are hoping it is a sound investment.
To fund this purchase we sold £2000 of our investment in:
SEGRO: We purchased shares iin Segro during the pandemic and have a modest profit of around 8%. https://www.segro.com/
Over the past six months the price has stagnated and the decision was made to sell half our holding to invest in Taylor Wimpey.
FEVERTREE: Another example of when to take "paper profit"
Fevertree launched on the stockmarket in 2014 at a price of 165. As we are all partial to a Gin and Tonic, the China Dolls jumped on board shortly after the floatation and paid 200.
By 2018 the price had risen to 4000 - Amazing: But did we sell.....NO! By 2019 the share price had dropped to 2400 at which time we decided to lock in a fair amount of our profit. We still hold some shares which are showing a 70% profit and the share price is now sitting at 899.
SHELL: Having purchased shares in Shell relatively recently, we have not seen any major movement and are currently breaking even. It is a very solid, safe, share - but perhaps a little too mundane for the China Dolls. However we continue to hold in the hope of some exciting developments. We all need "safe, mundane shares in our portfolios"
TRAINLINE: What platform is this share going to stop at? With the government offering such a large % settlement to get the drivers back on track - we are hoping this share will be on-line for a good recovery. Amazingly though, the share price has fallen 8% since the increase was announced. We have held this share for years, however, are currently showing a loss of 40%. But again we continue to hold.
UNITE: https://www.unitegroup.com/
Unite Students, the UK's largest provider of student accommodation, has begun the construction phase of its new £185million property in Stratford, London
We have a substantial holding in this company having invested over many years, and we are currently showing a 31% profit.
Over the past five years is it has risen to 1339 but has since dropped back to 969. However this share has never let us down and we will continue to hold.
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The China Dolls is a group of private individuals who meet regularly to discuss investment strategy and make investments based on the collective opinion of the the group.
The China Dolls is not in the business of offering any form of advice on investing or other financial matters.
The content of this blog is not to be considered an inducement to trade as we trade and is offered for illustrative purposes only.
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