Schroder Uk Public Private Share Discussion Threads

[chucko1] 04/6/2020 11:42

Lewis, on that level I agree. I did think they came over a bit "young" although that's not in itself a problem. But I still question the overall governance despite their pains to address this - though without ever mentioning the name Susan Searle.

But in the end, their room for manoeuvre seems so limited and I can see many better alternatives. But the current 50% discount is now interesting and I can see a bull case (not enough for me although at 24p I was mildly tempted). Last year and before, the bull case was merely for the ill-advised, the hard of thinking or those in denial.

[lewis121] 04/6/2020 11:23

@chucky, I was quite impressed by the two new managers and liked their plan.

[chucko1] 04/6/2020 10:48

Looks like a little more than a 50% discount. But do such minor details matter when you're having a love affair with a fund? Nah.

By the way, I'm still laughing. I had stopped for a while as the share price hit 20p, but then I tuned in to the Schroders investors call a few weeks back, and the kids set me off again. Still, fairly priced around this level so those same kids are now only down about 25% on their own purchase price. Of course, they now have the benefit of the former Woodford analysts to help them. And you wonder why I started laughing again?

[jonwig] 04/6/2020 10:36

$300m when they couldn't sell it for £550m (~ $700m) in Feb. Biotech sector has been pretty good recently.

[scrapheap] 04/6/2020 10:09

hxxps://www.investmentweek.co.uk/news/4016012/us-firm-set-snap-woodford-biotech-holdings-usd300m-reports

[spectoacc] 03/6/2020 19:41

Found it :) Woodford, Greenspan, Madoff, and... Jeff Skilling of Enron infamy.

As random a list for Gordon Brown to have made it I guess (selling the nation's gold at $200-something an ounce, pensions tax raid), and missing most of the genuine financial crooks, but was a good write-up on Woody & glad he's not being forgotten. Won't be the last.

Edit:
"Between 1999 and 2002 the Treasury sold 401 tonnes of gold - out of its 715-tonne holding - at an average price of $275 an ounce, generating about $3.5bn during the period."

[scrapheap] 03/6/2020 18:27

No more boom and bust...

[jonwig] 03/6/2020 17:08

Hey, no! A hero:

1) kept UK out of the Euro,
2) saw Blair for what he was.

OK, a pretty poor PM, but nothing special about that.

[lewis121] 03/6/2020 17:01

Gordon Brown?

[spectoacc] 03/6/2020 16:39

Woodford certainly didn't set out to do what he did. But got to remember his earnest YouTube vids, promising the once-in-30-year UK value opportunity, whilst he punted the fund on the likes of Industrial Heat, Proton Partners, Autolus etc.

The two houses, the horses, Porsches - whilst quietly slotting the majority of his WPCT stake.

Some never learn mind :)

Yes, Bernie def one - will have to look up the other two. No Fred Goodwin (ABN Amro t/o), nor a few of the more egregious fraudsters. Think Alan Greenspan was one!

[jonwig] 03/6/2020 16:32

@ Spec - I wouldn't call him a villian, he didn't knowingly set out to rob people. Other folks called him a genius and he couldn't resist the call.

Who were the other three? Madoff, maybe, but even he probably thought he could rescue his fund.

[spectoacc] 03/6/2020 09:52

Nice piece in last week's MoneyWeek, listing Woody as one of their "4 villians" of the past 20 years. Would take too long to type out but eg:

"A frustrated fighter pilot...stumbled into fund management...shunned the dotcom bubble and dumped his banking shares long before 2008...rock-star like following....What went wrong? In a word: hubris....That Woodford continued charging investors fees throughout is a measure of the arrogance of the man...Rumoured to be in China shortly before the pandemic hit, scoping out interest about a possible new start. He might yet be back."

[harijan] 28/5/2020 14:32

Come on, SUPP baby, just another little heave to get permanently above 30p. That will prove SoectoAcc wrong by an infinite percentage on his lower stupid guess and 50%, yes 50%, on his higher prognostication.

It's very very hard to think of a more ignorant specimen of the troll guru herd.

Oh yeah, maybe "adae". ROFLMAO

[johnwig] 28/5/2020 09:33

Quite right, lewis. LOL. It's no surprise to anybody on these threads that the appalling adae/SpectoAcc got his frequent, repetitive trolls that SUPP would be floundering between 0p and 20p, utterly wrong.

It's no surprise, either,that he chose to repeat his rancid illogical analysis, posted already a hundred times, when he got outed yet again for dishonesty. (post378). I cannot understand why he chooses to advertise his ham-fisted inadequacy.

[lewis121] 28/5/2020 09:04

I think it means War Horse.

30 pence, mixing me a Bucks Fizz; the only way is up.

[spectoacc] 27/5/2020 09:31

@Adae - best to filter/ignore @Johnwig & his many aliases - unless he proves capable of making an investment point? Clogs the thread otherwise.

[solonic] 27/5/2020 09:19

I am perplexed as to why Ada is writing posts defending Specto's actions. Is specto deemed to be incapable from now on? Is he hors de combat?

[truthteller3] 27/5/2020 08:43

It would have been extremely difficult for SpectoAcc to buy under 20p anyway: it only dropped there for a short time intra-day on a cold March day! He's been truly caught out.

[adae] 27/5/2020 08:42

Adae27 May '20 - 07:32 - 377 of 380
0 0 1
Did you buy when it went under 20p?

SpectoAcc27 May '20 - 07:56 - 378 of 380
0 0 1
No, didn't long."


You aren't the sharpest, @Johnwiggy - plainly saying didn't buy it when it went under 20p.

I'm sure you were loading up there. Or is it averaging down?

[johnwig] 27/5/2020 08:31

By the way how does ada/speccy, the frenzied idiot, square his statement:

"With some irony, was long WPCT (as was) a few times (eg when the OD got renewed) & made each time."

with his answer to a question by himself a few minutes later

"No, didn't long."

I knew the guy was pretty dim, but THAT dim?

It's very hard to keep track of your lies when you try to play the multi-moniker game, as your mate winnie will tell you!





"SpectoAcc27 May '20 - 07:28 - 376 of 380
0 0 1
Thanks 🙂

With some irony, was long WPCT (as was) a few times (eg when the OD got renewed) & made each time. The one time short, managed to lose. But unlike the pro-Woodford rampers, the aim was to call out the scandal that was Neil Woodford.

Adae27 May '20 - 07:32 - 377 of 380
0 0 1
Did you buy when it went under 20p? What d'you think of it here?

SpectoAcc27 May '20 - 07:56 - 378 of 380
0 0 1
No, didn't long."