Raven Prop P Discussion Threads

[owenski] 26/7/2019 14:14

Picked up a few more @ just on 9% yield. Held these for years through sanctions etc, always paid up. Been a good income.

[eeza] 26/7/2019 14:09

Lol !!!

Like Corporal Jones.
1 step behind.

[my retirement fund] 26/7/2019 13:57

AJ Bell want 133.7 !

[montyhedge] 26/7/2019 11:50

ram
Yes tax free, put in my ISA also tax free 9%.

[ramellous] 26/7/2019 11:03

In for 3k worth at 132. Hopefully a good long term addition to the sipp.

[montyhedge] 26/7/2019 11:01

I just bought at 132p, 9.09% yield, I can live with that, market makers know where to go to get stock, its sale time.

[bonnard] 26/7/2019 08:51

I just bought 2000 @131.9

[eeza] 25/7/2019 21:07

Hopefully, yes.

[montyhedge] 25/7/2019 19:27

Will the buyers at 116p take a quick turn and sell.

[hindsight] 25/7/2019 16:15

Another stuffing for fund holders, what are the management fees for if not to drip the holdings in at a decent price, anyone can fire sale

[cfro] 25/7/2019 16:13

Woodford really is proving himself to be an absolute prized plonker. What an idiot selling this for what represents a yield of 11% at the price he sold....someone has got a real bargain.

At least he is now out the way and good riddance too.

[kenny] 25/7/2019 15:54

At least the will he/won’t he sell RAVP is over and the uncertainty is cleared. As mentioned above, 134.5p to buy does seem to suggest the shares have been placed with firm holders?

Time will tell, but some might leak into the market in the next few days. However, the post-sale reaction and prices of RAV and RAVC is encouraging.

I am guessing that any dip will be short term, and the price will recover. This led me to buy some at 135p yesterday – knowing full well they may dip in the short term, but long term the 8.88% yield was too good to pass up. Especially, as it looks like we are going to have a second decade of lower for longer interest rates.

I also sympathize with Woodford fund holders because Woodford got himself into a situation where he has to accept ridiculously low prices just to get liquid.

[eeza] 25/7/2019 15:53

Kenny's off on holiday ?


Smiling.

[cwa1] 25/7/2019 15:44

Nice price to pick them up at...

[montyhedge] 25/7/2019 15:34

eeza
Not him personally his a multi millionaire, paid cash for pad in Salcombe.
Taking nearly 100,000 a day in fees, but this move seems strange to me.

[davebowler] 25/7/2019 15:31

Still £1.345 to buy.

[eeza] 25/7/2019 15:29

I doubt he's in trouble. Trousered plenty.

But the poor souls invested in his funds. Maybe a different matter.

[montyhedge] 25/7/2019 15:27

116.4p for Woodford to sell probably his only winner, I wonder if he is in real trouble.

[eeza] 25/7/2019 15:14

14.9mill

Wonder who was lucky. Kenny ??

[simon gordon] 25/7/2019 15:09

Looks like Woody's out for 116.4p.

[hindsight] 24/7/2019 12:04

Sing are the selling mm on both these and ravc, so imagine they have a line of these from woodford too

[cfro] 24/7/2019 11:04

I can confirm that trades going through at 135-135.2p are buys. (investors also paying 136p for larger amounts).

[igbertsponk] 24/7/2019 09:32

Back up a smidgin this morn.Assume Woodford isn't selling as I think he'd have telegraphed it.If Woodford does want to emerge like a phoenix (the Raven logo always looked more Phoenix than raven) then this pref share chucking off so much regular income will be part of that base portfolio.

[kenny] 24/7/2019 09:25

In relation to RAVP, maybe Woodford has started to drip feed them into the market.

I say this because the transactions yesterday and today at 135.4p and 135.2p are all buys - even thought they look like sales.

[hindsight] 24/7/2019 08:51

If I was in the Woodford fund, would be rather annoyed they didnt drip them into the market otherwise what are they taking fees to do. And as a potential buyer also annoyed they didnt drip feed in as would paid more than 95p for some