Sr Europe Investment Trust Share Discussion Threads

[bad robot] 27/6/2018 23:16

Aloha everyone

Still breathing. Borrowed the prison guard phone again. Quick hello to everyone. Thank you for sending me a jar of Marmite.


BR
IN BR WE TRUST

[praipus] 02/5/2012 21:19

What would you have bought instead?

[topvest] 02/5/2012 21:03

178p = a pretty poor outturn imo - poor timing!

[praipus] 18/4/2012 14:06

Cash due in May.

[praipus] 27/3/2012 21:13

GL, going for cash/NAV fastest route possible.

[edwardt] 27/3/2012 11:49

honest answer is roll and then probably likely sell in h2 so that i can control my market exposure better!

[praipus] 27/3/2012 10:21

Thanks, are you going to roll then?

[edwardt] 27/3/2012 09:56

Darwell's european unit trust which is the roll over option.. good to see weiss increasing holding - squeezing the pips for the last couple of percent.

[praipus] 26/3/2012 17:05

Not sure there is anything to disagree about yet. Which Unit Trust are you refering to?

[edwardt] 26/3/2012 16:24

i think we will agree to disagree here. I was however referencing the unit trust and the flat 75bps fee which i am afraid seems dgood value in contrast to the exorbitant fees /performance fees that the likes of sr. tried to charge....

[praipus] 26/3/2012 12:19

edwardt, if you mean JEO it's trading below NAV now!

My point is nothing has zero probability. Jupiters fund is relying on zero probability of failure and IMHO opinion that is not a safe way to invest.

In 2006/2007 RBS was seen by many to be a buy at £5 with a 7% divi! Do you know what the shares are worth today?

Look at that figure and remember it has also had two rights issues and is backed by the UK tax payer/government who also dont understand risk and 0 probability.

NorthernRock etc etc

When AIG went bust...I could NOT even trade Gold ETF's!

[edwardt] 26/3/2012 11:47

praipus - i think my point is the trust will always trade at nav - i am happy simply to back the businesses in his portfolio - novo nordisk, experian, pearson et al are all good businesses.

[dahmmy] 23/3/2012 18:53

POINTLESS THREAD

[topvest] 23/3/2012 18:51

This liquidation is poor news for holders, as it is the wrong time to liquidate such a trust in my view. Not going to invest in a Jupiter fund, as don't like Jupiter much. Oh well, will take the cash and invest in a better investment trust. Lots better than this one!

[praipus] 23/3/2012 12:20

I dont want to sound too critical but even the objectives of the trust sound unconvincing against the current economic climate and nothing about shareholder value. It should say we rely on pure luck and the economy doing really well. And if everything goes wrong being able to sell enormous holdings quickly in to weak markets.

[praipus] 23/3/2012 12:01

Edwardt - I dont know his portfolio at all I would be interested to have a look.

As for long only, if you buy something because it is below NAV surely you should short it or sell it if it is above NAV?

[edwardt] 23/3/2012 11:08

Praipus - he is a good solid long only manager - long term performance over 10 years is superb - sometimes it pays to back a stock picker - he rarely changes a portfolio - his biggest holding is novo nordisk which i own pa and is a superb business. i think sometimes it pays to have long only managers and move away from the pariahs that are hedge funds from time to time!

[praipus] 23/3/2012 10:38

oh..no..lol why dont I check my facts more carefully? How humiliating. Thank you for correcting me rambutan2.

Although isnt that even more risky? If the fund goes bust he loses his job and his savings?

[rambutan2] 23/3/2012 02:34

Praipus,

Wrong target, Mr Darwell is managing his own money, £11m of it via the trust equiv...

[praipus] 22/3/2012 21:00

Circ re Proposals - voluntary winding-up/reconstruction

[praipus] 22/3/2012 17:13

Alex Darwell ?

Hmmm bit nervous about "well known" tenure/employed Asset Managers. Why arent they managing their own money?

Do they really care if it goes wrong?

Seen one or two speak at T1Ps investor show never to be seen or heard of again....lol

No problem really but so few have a truely critical risk averse frame of reference.

[edwardt] 22/3/2012 17:08

well alex darwell has picked up a good little inflow into his fund! i will probably roll into this as i like his approach. unit trusts normally nail you with a front end charge of 5%. in this instance, i am getting circa 3% head start. perfect.

[praipus] 21/3/2012 15:18

Yep I wont leave until the arbitrageurs do. It's boring but they can time things better than I can. "usually"!