|Woodford Patient Capital Trust
||EPS - Basic
||Market Cap (m)
|Equity Investment Instruments
Woodford Patient Capital Share Discussion Threads
Showing 1051 to 1073 of 1075 messages
|Looks as if this may be on the move up now,NAV ticking up albeit slowly and discount narrowing - on that basis relative cheap.|
|He's exhibiting attention deficit.
WPCT needs attention rather than just sailing into the next thing he's interested in.|
|Woodford is a huge fan of pharma's and Tobacco always has been they have traditionally been good dividend payers and steady safe performers which suites his funds perfectly.
Between them they make up a significant proportion of the EI fund.
I think there will be a lot of "overlap" between the 2 funds.
btw you can see all his holdings for free (except the new fund) if you register on his own site.
|I was thinking there was nothing much between the funds...but hadn't realised he doesn't have geographical restrictions on the Focus fund.
It concerns me that he has pharma holdings in the EI fund, I don't think it is the correct vehicle for it. WPCT on the other hand is.|
|Yes will be interesting to see how the new income fund performs I think in this environment setting a target of 5% yield as a priority over growth could prove very popular.
Will hazard a guess that the key holdings will again be uk tobacco and pharmaceuticals even though he has not got geographical restrictions on this one.|
|FYI - Be aware that the Woodford Equity Income fund is a different fund from the new Woodford Income Focus fund.
Also, bear in mind that funds are valued once per day (usually midday) not on a minute by minute basis.
Hargreaves Lansdown has good information on funds too.|
|Thank you both.|
|No don't think you can add unit trusts on here.
Trustnet is the best site for unit trusts imo tons of info much better than here you can set up portfolios there too.|
|p-b - Not sure if you can
A couple of links which may be useful if you do not have already
|Hi, I'm looking for some help! For my sins I've bought some CAPITA FINANCIAL WOODFORD INCOME FOCUS C ACC, as it's called by my stockbroker. I've never bought a fund before but I'd like to monitor its progress on the ADVFN Portfolio or Monitor. Does anyone know how to do that,please?|
|Where the US goes, we go. Healthcare one of the few sectors showing some potential upside vs downside.
|I've been considering exponential technology etf from ishares. Well spread by sector and geography. WPCT should be looking to outperform the etf over 5 and 10 yr else why bother?
|PRTA released a positive update on the treatment for Parkinson's yesterday. Perhaps the share price will reflect this on opening......|
|Some folk need to dust off the OED and look up the definition of the 2nd and 3rd words in the Trusts name.|
|AM save yourself some angst and filter LK - you know you want to!|
|Placeholder here to note the near terminal decline of 4D Phatma. Down 40% in month. Another cornerstone Woofdrop 'outright investment'.|
|Placeholder here to note Alien Mindwipes unravelling on CEO scampering off. Down 25% so far. THE cornerstone Wolfdrod investment.|
|PRTA up 8% overnight, PURP going great guns recently, could WPCT wake from the doldrums.|
|"As a cynic I would say a way for management to possibly mentain a book value until something seriously goes wrong with thee unlisted investment and they have to write down the value."
Yes, I would have the same view.
You just have to remember that unlisted securities are valued by only a handful of people with a greater influence on perceived valuation from those in the business - founders and seed investors. Much of this happens before there is real opportunity for the valuations to be proven or realized. This is at the opposite side of the spectrum to fully listed business where the product or service - at that point - has sold and where the valuation is the market involving many thousands of participants.
Use it in this case as a very loose yardstick. As the small businesses develop the correlation between the NAV and underlying assets will improve.|
|Toffeeman- Certainly for start-up. It is usual to value the share price at the price per share pbtined in the last round of financing. If no round after the initial finaancing then at the share price obtined during the initial round, This can cause accounting glitches where the the last round was say in convertible prefs or loan stock with a high coupon.|
|I assume it's regulation to post nav - but it must be open to interpretation|
|Toffeeman - As a cynic I would say a way for management to possibly mentain a book value until something seriously goes wrong with thee unlisted investment and they have to write down the value.|
|Someone please explain the relevance of net asset value (and so discount/premium to NAV), when about 50% of the portfolio is unquoted securities?|