Unilever shares

MPN

Sue58 said:

I’m a long term investor in Unilever and believe it is a good long term hold. The company is very forward thinking and the current share price in my opinion is very attractive, I have added at £14.00 and think this is a good buy. Only time will tell ...

I also hold Unilever and have added some new shares on Friday at a similar price. I also added to my GSK holding as the current share price in my opinion is good value even though they will be reducing the dividend next year.

AnotherJoe

JohnWinder said:

If you only chose Unilever, or a small bunch of shares, rather than a fund holding hundreds, and you did so because you thought their price was very attractive (compared to one you didn't choose I suppose), then your thinking is probably different from the highly paid, well resourced professional investors'. Because if they thought the price was attractive (compared to the comparable alternatives) then they'd be buying Unilever shares to take advantage of that attractive price, thus pushing the price up with their purchases until the price no longer seemed more attractive than the alternatives. And there the price movement would stop. Isn't that where the price is now unless one has knowledge others don't have (except for those too small to move the price)?

In general "highly paid, well resourced professional investors" are no better than a chimp throwing darts in predicting what a companies shares will do. And worse, many have their own axes to grind, for example, while JPM last year was telling its retail investors to get out of Tesla, their in house operations were buying it like it was going out of fashion. 

The efficient market hypothesis is clearly wrong, if it isnt, why did those 'highly paid, well resourced professional investors' not sell Shell and BP two years ago rather than last month?

 

jimpwarsop

MPN said:

Sue58 said:

I’m a long term investor in Unilever and believe it is a good long term hold. The company is very forward thinking and the current share price in my opinion is very attractive, I have added at £14.00 and think this is a good buy. Only time will tell ...

I also hold Unilever and have added some new shares on Friday at a similar price. I also added to my GSK holding as the current share price in my opinion is good value even though they will be reducing the dividend next year.

I'd be buying at £14.00, however, Unilever are just shy of £40.00.

MPN

jimpwarsop said:

MPN said:

Sue58 said:

I’m a long term investor in Unilever and believe it is a good long term hold. The company is very forward thinking and the current share price in my opinion is very attractive, I have added at £14.00 and think this is a good buy. Only time will tell ...

I also hold Unilever and have added some new shares on Friday at a similar price. I also added to my GSK holding as the current share price in my opinion is good value even though they will be reducing the dividend next year.

I'd be buying at £14.00, however, Unilever are just shy of £40.00.

Yes, quite I’m sure most people would be buying at £14.00 a share! Funnily enough although Sue58 did say £14.00 I read it as £40.00 because that is what I paid on Friday. I see she has now edited her post to the correct price.

jimpwarsop

MPN said:

jimpwarsop said:

MPN said:

Sue58 said:

I’m a long term investor in Unilever and believe it is a good long term hold. The company is very forward thinking and the current share price in my opinion is very attractive, I have added at £14.00 and think this is a good buy. Only time will tell ...

I also hold Unilever and have added some new shares on Friday at a similar price. I also added to my GSK holding as the current share price in my opinion is good value even though they will be reducing the dividend next year.

I'd be buying at £14.00, however, Unilever are just shy of £40.00.

Yes, quite I’m sure most people would be buying at £14.00 a share! Funnily enough although Sue58 did say £14.00 I read it as £40.00 because that is what I paid on Friday. I see she has now edited her post to the correct price.

I thought I was missing something and had to double check.  I'll be buying more shortly.

george4064

JohnWinder said:

Because, by holding just one company you are not only accepting 'market risk' - the 'risk' ('outcome' might be better) of all the shares in the market moving up or down similarly in response to some general event eg pandemic, but you are also accepting the idiosyncratic risks particular to one company eg they patent a new product consumers love, or their genius CEO runs off to work for a competitor. As a result you can get better returns than you could with a fund in the same market, but it's a gamble (is that the best word?) you take compared with just accepting what are essentially broad market returns. People vary in their propensity to gamble (is that the right word?).

If you only chose Unilever, or a small bunch of shares, rather than a fund holding hundreds, and you did so because you thought their price was very attractive (compared to one you didn't choose I suppose), then your thinking is probably different from the highly paid, well resourced professional investors'. Because if they thought the price was attractive (compared to the comparable alternatives) then they'd be buying Unilever shares to take advantage of that attractive price, thus pushing the price up with their purchases until the price no longer seemed more attractive than the alternatives. And there the price movement would stop. Isn't that where the price is now unless one has knowledge others don't have (except for those too small to move the price)?

Not sure if have looked, but the Lindsell Train UK Equity fund (as well as others) hold only 27 stocks in the fund. So not only is it a ‘bet’ on the UK market but a ‘bet’ on the managers skill in selecting the few stocks to be held within the concentrated portfolio.

Even the fund’s profile states: The portfolio is concentrated, with the number of stocks unlikely to exceed 35.

You can read the factsheet here: https://www.fundslibrary.co.uk/FundsLibrary.DataRetrieval/Documents.aspx?type=packet_fund_class_doc_factsheet_private&id=7689feae-a8a1-47b1-a947-71c6d9201d95&user=hl_website_documents

Alexland

We hold Unilever and Diageo as the top 2 holdings in Murray Income MUT and are perfectly happy with them both.
I don't care if it doesn't do as well as the bulk of our money in global trackers as those ISA accounts are part of our safety net to provide steady growing income if we ever lost our jobs.

Sue58

MPN said:

Sue58 said:

I’m a long term investor in Unilever and believe it is a good long term hold. The company is very forward thinking and the current share price in my opinion is very attractive, I have added at £14.00 and think this is a good buy. Only time will tell ...

I also hold Unilever and have added some new shares on Friday at a similar price. I also added to my GSK holding as the current share price in my opinion is good value even though they will be reducing the dividend next year.

Sorry for the confusion on the share price. I actually have shares in AZN so let’s see what their results are next week!

MPN

Sue58 said:

MPN said:

Sue58 said:

I’m a long term investor in Unilever and believe it is a good long term hold. The company is very forward thinking and the current share price in my opinion is very attractive, I have added at £14.00 and think this is a good buy. Only time will tell ...

I also hold Unilever and have added some new shares on Friday at a similar price. I also added to my GSK holding as the current share price in my opinion is good value even though they will be reducing the dividend next year.

Sorry for the confusion on the share price. I actually have shares in AZN so let’s see what their results are next week!

No problem we all make mistakes. ULVR, AZN and GSK all seem to be on a downward spiral at the moment but this can obviously change quite quickly.

StellaN

MPN said:

Sue58 said:

MPN said:

Sue58 said:

I’m a long term investor in Unilever and believe it is a good long term hold. The company is very forward thinking and the current share price in my opinion is very attractive, I have added at £14.00 and think this is a good buy. Only time will tell ...

I also hold Unilever and have added some new shares on Friday at a similar price. I also added to my GSK holding as the current share price in my opinion is good value even though they will be reducing the dividend next year.

Sorry for the confusion on the share price. I actually have shares in AZN so let’s see what their results are next week!

No problem we all make mistakes. ULVR, AZN and GSK all seem to be on a downward spiral at the moment but this can obviously change quite quickly.

ULVR and AZN in my opinion are high quality companies which should recover from recent share price volatility/drops. Not so sure about GSK at the moment. Long term it is too early to tell with the planned split of the company and the announcement of a dividend cut in 2022 but it will be interesting to see how it goes.