Schroder Uk Public Private Share Discussion Threads

[spectoacc] 20/8/2020 19:30

Autolus had a good dcb since last NAV (as been pointed out above) & wonder if they'll revalue Oxford Nano? Doubt they'll touch RUTH despite the fall, but might try to slip through the £14m IH is still valued at when they've a few gains to offset.

Edit - the next NAV will be no more accurate that all of Link's other NAVs of course - suspect now that they're likely getting sued, they'll be unable to risk a mea culpa SUPP NAV. IH the worst example - that +8p onto WPCT NAV due to "progress"...

[scrapheap] 20/8/2020 16:45

Keeps nudging ever so slightly higher - I wonder if a less terrible than usual NAV update is soon to be announced? Might that be why?

[jonwig] 13/8/2020 15:39

Capitalism in action!

[spectoacc] 13/8/2020 15:25

The press are getting there:

[18bt] 10/8/2020 08:38

Daffy, you are right - should have checked my memory. I beleive that there is, however, a further potential £9.5m of deferred consideration over 3 years.

[daffyjones] 09/8/2020 17:56

RateSetter doesn't have any European assets. It was the Australian arm that was excluded from the takeover deal

[johnwig] 09/8/2020 16:42

Great post from chucko:



"chuckol


9 Aug '20 - 10:20 - 159 of 159

Hee hee hee. I see that on the losers' thread the shareprophets and trolls are thrashing around in the undergrowth looking for the mythical golden egg with 'SUPP 0p' engraved on it. Clearly they haven't found it yet even though the lying benighted spectoacc will doubtless claim that he has, but he's not showing it to anybody but his mate Woodford. (Who he? Ed.)

Can some kind benevolent person please enlighten these impoverished threadlice as to the crucial difference between open and closed-ended funds? They still haven't twigged!

They might after that regain some of their horrendous losses on REITS and similar losers' shares. Perhaps, jonwig, you could then make a life-changing two to three hundred pounds a YEAR profit! And you could buy donkeykong an ice-cream and a folded-newspaper hat for the beach in Bridlington."

[chuckol] 09/8/2020 10:20

Hee hee hee. I see that on the losers' thread the shareprophets and trolls are thrashing around in the undergrowth looking for the mythical golden egg with 'SUPP 0p' engraved on it. Clearly they haven't found it yet even though the lying benighted spectoacc will doubtless claim that he has, but he's not showing it to anybody but his mate Woodford. (Who he? Ed.)

Can some kind benevolent person please enlighten these impoverished threadlice as to the crucial difference between open and closed-ended funds? They still haven't twigged!

They might after that regain some of their horrendous losses on REITS and similar losers' shares. Perhaps, jonwig, you could then make a life-changing two to three hundred pounds a YEAR profit! And you could buy donkeykong an ice-cream and a folded-newspaper hat for the beach in Bridlington.

[spectoacc] 08/8/2020 19:26

I guess relevant what it was already written down to too - not that a single Woodford fan will know :)

Despair of PJT, flogging (but not really "selling") the middling cr*p to Acacia Research, at a big discount to the written-down valuation, for Acacia to make a packet (& only then actually pay).

What on earth will PJT achieve with the really bad stuff? And when?

[jonwig] 08/8/2020 15:17

@ 18BT - your link says nothing about 'European', but it does say the Australian assets are excluded.
Still a lot of work to do to justify more than the 98.75% shortfall!

[18bt] 08/8/2020 14:16

Though it will make little difference I suspect, Metro Bank only bought the UK business leaving the European assets of Ratesetter.

[daffyjones] 08/8/2020 13:41

RateSetter was one of the "dodgy 5" unquoted companies that was transferred from WEIF to WPCT in early 2019 because of WEIF breaching its unquoted limit.

Woodford had invested up to £20 million in RateSetter's funding rounds, and valued the company at £200 million in 2017.

This week RateSetter was bought by Metro Bank for just £2.5 million - just over 1% of Woodford/Link's inflated valuation. Doesn't bode well for the rest of the unquoteds.

[johnwig] 06/8/2020 14:14

A nice light-hearted piece from ltcm1 on the truth thread:




"1tcm1 6 Aug '20 - 10:13 - 157 of 158

I am appending a link to the Urban Dictionary:



That describes spectoacc/adae etc perfectly, so henceforward he should be called "Donkeykong". LOL LOL LOL

BTW I think that the difference between this honest SUPP thread and the corrupt one can be summed up thus. jonwig allows his little buddies to post barefaced lies but bans honest posters for telling the truth. Johhnwig (the real one) allows people to tell the truth but bans liars (you haven't seen Donkeykong on this thread, have you?)

Yesterday's claim by Donkeykong that "SUPP traded under 20p over several weeks, so I'm quite happy about that :)" is the most phantasmagorical lie ever perpetrated on ADVFN. All it needs is a quick look at the charts above and even the dimmest of trolls (jonwig) can see that DK is lying through his teeth. He still gets plenty of unchallenged space on the corrupt thread though.

Finally, I confess that I am getting rather worried about chucko/psycho/winnie. There are clear signs of cognitive degeneration in his latest confused posts. Yes, it's likely that about 15% of us will suffer from this condition as we get older. Therefore I, for one, will henceforth exercise a modicum of mercy in his direction when, bewildered or not, he embarks on such convoluted 'explanations' of what are basically tiny unimportant fibs. Perhaps someone should encourage him to see matron whenever next that particular urge comes upon him."

[chuckol] 06/8/2020 10:46

I've been told that rhubarb is a fine cure for dementia. Explains a lot, or does it?

[1tcm1] 06/8/2020 10:13

I am appending a link to the Urban Dictionary:



That describes spectoacc/adae etc perfectly, so henceforward he should be called "Donkeykong". LOL LOL LOL

BTW I think that the difference between this honest SUPP thread and the corrupt one can be summed up thus. jonwig allows his little buddies to post barefaced lies but bans honest posters for telling the truth. Johhnwig (the real one) allows people to tell the truth but bans liars (you haven't seen Donkeykong on this thread, have you?)

Yesterday's claim by Donkeykong that "SUPP traded under 20p over several weeks, so I'm quite happy about that :)" is the most phantasmagorical lie ever perpetrated on ADVFN. All it needs is a quick look at the charts above and even the dimmest of trolls (jonwig) can see that DK is lying through his teeth. He still gets plenty of unchallenged space on the corrupt thread though.

Finally, I confess that I am getting rather worried about chucko/psycho/winnie. There are clear signs of cognitive degeneration in his latest confused posts. Yes, it's likely that about 15% of us will suffer from this condition as we get older. Therefore I, for one, will henceforth exercise a modicum of mercy in his direction when, bewildered or not, he embarks on such convoluted 'explanations' of what are basically tiny unimportant fibs. Perhaps someone should encourage him to see matron whenever next that particular urge comes upon him.

[chucko1] 05/8/2020 17:15

Yes, ON is interesting - but is it interesting enough?

Maybe for a proper fund with other decent stuff in it, er, like OAR as mentioned above. I invest in that because it is run by someone who is both smart and does proper research. Quite the contrast!

So along with ON, the fund (OAR) has PLUS, IWG and other assorted goodies which are typically purchased at a time of being unloved or poorly understood, and short things (including WDI - Wirecard) which were even worse than some elements of WPCT, though not all of them as they were pretty difficult to find! It has been volatile this year, but is just about in positive territory even though it is UK-focused. It has never had things like IH or palettes or things that were either idiotic or never adequately researched. It is as though the fund (WPCT) was being sold to total cretins (at least if aware of all the facts). Worse still, they bought it when there were alternatives that are now up 30% even since November last year such as Polar and WWH.

A blend of OAR, Polar and WWH covered many of the bases I saw in WPCT, but excluding the quite inexplicable lunacy that was uncovered upon increased research. I transferred money into OAR some years back because it has a decent manager, not because it had ON in it. But I am pleased it does for several reasons.

Oh well, that's what happens when you fall in love with a stock, and so it ever was.

[scrapheap] 05/8/2020 13:09

I see that Ratesetter is being sold to Metro Bank.... didn't SUPP pay £14m in to them per the 2019 accounts...

Given the reported sale price, that doesn't look too clever but I'm not sure it's all of Ratesetter that Metro is buying? anyone know?

[brummieloser] 05/8/2020 12:47

The biggest piece of cheek was specto, having been skewered, calling other people "trolls"!