Woodford Patient Capital Share Discussion Threads

[pugugly] 18/4/2017 12:23

p-b - Not sure if you can
A couple of links which may be useful if you do not have already

[pete_bane] 18/4/2017 12:06

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?

[p1nkfish] 17/4/2017 17:48

Where the US goes, we go. Healthcare one of the few sectors showing some potential upside vs downside.

[p1nkfish] 16/4/2017 12:30

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?

[gwatson56] 03/4/2017 12:47

PRTA released a positive update on the treatment for Parkinson's yesterday. Perhaps the share price will reflect this on opening......

[p1nkfish] 31/3/2017 20:56

Some folk need to dust off the OED and look up the definition of the 2nd and 3rd words in the Trusts name.

[toffeeman] 29/3/2017 16:34

AM save yourself some angst and filter LK - you know you want to!

[liquidkid] 29/3/2017 13:17

Placeholder here to note the near terminal decline of 4D Phatma. Down 40% in month. Another cornerstone Woofdrop 'outright investment'.

[liquidkid] 27/3/2017 11:41

Placeholder here to note Alien Mindwipes unravelling on CEO scampering off. Down 25% so far. THE cornerstone Wolfdrod investment.

[mad foetus] 28/2/2017 08:22

PRTA up 8% overnight, PURP going great guns recently, could WPCT wake from the doldrums.

[minerve] 27/2/2017 20:09

"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.

[pugugly] 27/2/2017 19:07

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.

[toffeeman] 27/2/2017 19:01

I assume it's regulation to post nav - but it must be open to interpretation

[pugugly] 27/2/2017 18:24

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.

[toffeeman] 27/2/2017 13:48

Someone please explain the relevance of net asset value (and so discount/premium to NAV), when about 50% of the portfolio is unquoted securities?

[pugugly] 26/2/2017 12:16

Citywire article today
Worth a look re long term

[tim 3] 24/2/2017 11:21

hxxps://woodfordfunds.com/words/blog/introducing-woodford-income-focus-fund/?utm_source=blog-alert&utm_medium=email&utm_campaign=intro-wiff

[woodpecker25] 23/2/2017 11:25

On a positive note...

Purplebricks up over 15% today following £50mil placing this morning. Share Price has almost doubled in 3 months.
WIM holds 29% of PURP.

[rambutan2] 05/2/2017 19:17

V unusual for any trust to have such a large chunk of nav in a single company as WPCT does in Prothena. I hope the board is being sensible. PRTA's full year results are out on the 14th, along with a webcast to listen in on.



I see that across all his accounts Mr W holds just under 30% of PRTA ie approx $0.5bn of it. Certainly a big bet!

[p1nkfish] 24/1/2017 18:55

Yes. Patience.
Even at 150p+ there is still likely to be a discount to NAV.

[tyranosaurus] 24/1/2017 13:20

Discount to NAV and under the original offer price.
Is this ever likely to reach £1 again ?

[gwatson56] 20/1/2017 09:46

See that MTPH has issued a positive RNS this AM (Up over 10% at the mo).... one of WPCT holdings.

[p1nkfish] 13/1/2017 19:34

Small pharma should be fine so long as they Innovate. Small are not rippling anyone off on pricing.