Venture Life Share Discussion Threads

[thelongandtheshortandthetall] 22/5/2018 20:00

Apad.
your pal and me are in a similar situation then. Being self employed and running a busy-ness.

Im getting the feeling that investment trusts can invest in unlisted businesses.
Think woodford has a few - if i remeber correctly.

Im sure I read on one of the vietnam investment trusts that the NAV included projects in construction. Like ports and bridges.
This is a little worrying for me as how can the daily reported NAVs be trusted to be truely representative of the assests

Can anyone recommend any reading to gain a greater understanding of funds and trusts.
Im guess that fundsmith 'equities' fund and lindsell train global 'equitites' fund can only invest in listed companies.

New mine field to navigate :)

Cheers guys

[hydrus] 22/5/2018 15:36

Makes sense Mod. I'll keep eye see how they progress.

[janeann] 22/5/2018 13:25

Thanks multi. arc has a highly sophisticated/client driven product and caters to the whims of its clients. As I see it LID is selling an off the shelf product in what I see is a challenging market.

[multibagger] 22/5/2018 12:43

Janeann,

I held LID for a starting position and a bit before selling out a few months ago...now back on to my radar.Maybe in the next 12-18 months it may start moving share price wise.It is a sticky product - so difficult to get hospitals to buy initially, but once they are in they are pretty loyal it appears. A bit like the ARC model in some ways. They are spending a lot on marketing in the US, I am watching as to whether that actually makes a commercial impact.

I haven't ruled it out as yet....

[apad] 22/5/2018 11:58

Thanks dacian £25million company. CEO has 3%.

I've bought 5 times avg 24p.

Thinking of buying some more next week.

apad😎

[modform] 22/5/2018 10:59

Hydrus, fyi I have now sold OMIP during the past 2 days, the fear of Google entry in music streaming was the reason for the sale, TCAT may prove transformational but will wait and see. Also far too illiquid

[apad] 22/5/2018 10:26

Ta FELIX. Institutional appetite assuaged, perhaps.

I looked at NTQ.
2013-03 2014-03 2015-03 2016-03 2017-03
Revenue USD Mil 15 25 19 6 5
They look to have weathered their untimely entry into the oil market well (recent rns).
Management, ex Sondex bought by GE, very experienced.

apad😎

[felix99] 22/5/2018 10:11

hxxps://www.insidermedia.com/insider/yorkshire/seneca-exits-castleford-firm

Ref PTSG - may explain things

[apad] 22/5/2018 09:02

PTSG Shareholders
Name Equities %
Paul William Teasdale 19,503,791 18.7%
John Robert Foley 18,503,791 17.7%
Roger Teasdale 3,466,617 3.32%

[apad] 22/5/2018 08:47

April was a great BOO BTFD opportunity. The quality of the finals is shining through. Be very afraid Canada Pension Fund!

Still puzzled about PTSG weakness.

apad🤔

[janeann] 22/5/2018 08:46

That was my thinking for reducing - and that revenue was increasing but earnings weren't. Yes lots of competition but as I see it they are still leading the way.

still haven't found anywhere to put it. (Very) Brief look at lidco - seemed too much like a single product company to me.

[apad] 22/5/2018 08:40

j, I was talking to him yesterday about PRSM and he said there is too much competition in the field.
He doesn't pay much attention to his shares - too busy jetting around the globe.

The director sales following a decent enough rns look like they might be calling a top I suppose.

apad

[panic investor] 22/5/2018 08:34

I think the rest of the event is free

[janeann] 22/5/2018 08:32

acso - yes Olympics should be good but why only the opening event I wonder? Mind if something did go wrong - doesn't bare thinking about.

ps is your pal the prsm fancier. (Looks like a mistake there cutting my holding!)

[apad] 22/5/2018 08:26

Looks like my doubts about the acquisition (hospitality stuff) were incorrect, janeann.
My diary says the Olympics will be great, free publicity.
April could've been a BTFD opportunity.
Oh the number of Lo-Q reminders.

My pleasure, tlst. My pal is self employed, so his investments are his future pension. He seems content with an IT/stalwarts mix. He doesn't treat it as a hobby as he is too busy working for a living!

apad😊

[thelongandtheshortandthetall] 21/5/2018 20:35

Hi APAD
Thanks a lot for those posts. I'll have a look into your friends choices.
Yes the fact they have to sell when a co. Grows strongly and goes above 5% of portfolio etc is not the best plan.
And yep a snappy bear market could force excessive sales.
And can/will the bull market continue.
And the charges lol

But. Are these costs and risks a fair price to have terry smith working for me.
I dont think its unreasonable. After all thats the cost to have him pouring over the reports and news flows and making decisions for me.

Maybe I can tweak the overal portfolio with the odd single stock pick.

Thanks again.

[hottingup] 21/5/2018 10:05

Amerisur (AMER)

Fully funder 14 well onshore drilling program starting next month.
Zero debt and £40m cash in the bank.
Already producing oil and cash flow positive.

[apad] 21/5/2018 09:41

tlst:

"I hold MYI, EAT, HFEL, SOI, SLI, FGT. In total a bit over 50% of portfolio. "

apad

[apad] 21/5/2018 09:09

Enjoying NTQ, dacian?
apad😊

[apad] 21/5/2018 09:06

www.moneyobserver.com/model-portfolios/delta-model-portfolio-short-term-growth-higher-risk

They have a number of portfolios of funds with different growth/risk ratings, tlst.

apad

[apad] 21/5/2018 08:50

Stalwarts (RSW/SPX/GHH/HILS/ABC/HLMA/VCT/DPH/CRDA/HCM/DPLM) are doing well, 7.1% YTD, except for Gooch and Hutchinson.

They don't give exposure to multiple markets though.

I think I would go for a stalwarts portfolio with strong foreign earnings to avoid charges and because trusts have to sell above a regulated percentage and might have to sell in a bear market when people cash in.

apad