Woodford Patient Capital Share Discussion Threads

[jonwig] 04/1/2020 07:19

You'll get more traffic on my new SUPP thread where discussion of legacy issues can take place: https://uk.advfn.com/cmn/fbb/thread.php3?id=45396917

[eeza] 03/1/2020 22:57

https://www.telegraph.co.uk/investing/funds/woodford-investors-forced-pay-15m-legacy-funding-promise/

[porsche1945] 29/12/2019 09:41

I agree, reality of the UK’s position soon to hit home. US markets and asia still look the place to invest, uk seems to be on an endless downward spiral since 2016.

[hsfinch] 20/12/2019 16:55

The Boris bounce is over. I expect this to resume a downward trajectory.

[johnwig] 19/12/2019 09:48

LOL New thread SUPP on https://uk.advfn.com/cmn/fbb/thread.php3?id=45382208. The new thread will be run honestly and not corruptly, for a change! LOL

[jonwig] 19/12/2019 09:31

I was hoping someone would start a new thread, but no-one bothered. Even so, there's also Woodford-related news to look at. His new Chinese venture? I doubt he'll get it listed in London, as he's sure to have lost his licence. New thread - https://uk.advfn.com/cmn/fbb/thread.php3?id=45396917

[spectoacc] 19/12/2019 09:12

With the change in ticker, I'd missed that there were a whole bunch of director buys reported on Weds.

[spectoacc] 19/12/2019 06:55

Couldn't make it up.

[chucko1] 18/12/2019 23:55

Ah, he’s sticking with “early-stage assets”. Good judgement as ever - do what you know best. Insane - they’ll need to find a bunch of people who do no diligence.

[daffyjones] 18/12/2019 23:30

OMG he's planning a comeback! And still wanting to play around with dodgy unquoted companies! Https://www.bloomberg.com/amp/news/articles/2019-12-18/spurned-in-britain-woodford-heads-to-china-for-his-next-act Neil Woodford, the famed U.K. stock picker who was ousted from eponymous funds, has flown to China to test investor appetite for a potential comeback. Woodford and Craig Newman, the chief executive officer of Woodford Investment Management, are in China having exploratory meetings with investors interested in early-stage assets.

[spectoacc] 16/12/2019 16:11

S&P up far too much for my liking - Far East & Japan I think.

[porsche1945] 16/12/2019 16:04

Apart from the house builders the rest of woodys dross still at decimated price levels, kier, card factory, redde, pb etc, the idea he called anything right is drivel, the tories are in and corbyn isnt so a ten per cent pop for the ftse 350, brexit still to come, likely reality of the uk’s position shortly to hit home and the scots edging for another bloody referendum. Just becos you avoid a risk, Corbyn, doesnt mean the investments are suddenly great. If the tories get rid of help to buy the house-builders are back down in a heartbeat and i cant see them justifying that tax payer funded madness for building execs to last much longer. I am just using the uplift to cash out of stuff i have been stuck with, uk facing, since 2016, much happier to then shunt into US and asia. Thats where the future is.

[johnwig] 16/12/2019 15:09

New thread SUPP on https://uk.advfn.com/cmn/fbb/thread.php3?id=45382208.

[andy] 16/12/2019 11:08

Does someone want to start a new thread for SUPP so the charts can be viewed? Or does everyone prefer to stay here to retain the Woodford link?

[solonic] 16/12/2019 10:41

Yes. He seems to have got this wrong yet again. SUPP bid price is over 35p as I write this.

[spectoacc] 16/12/2019 10:24

wha'supp Out again for just under 2p this morning, disappointing rise.

[betman] 16/12/2019 10:20

This share is now renamed Schroder UK Public Private with EPIC SUPP

[spectoacc] 16/12/2019 07:37

I see the irony as being elsewhere. Yes, Woody "called" this, but to make 10%, 20% on his (former) housebuilders in a day or two doesn't get close to making up for c.50% losses. Start at 100, fall to 50, a 20% rise gets you back to 60. Go Woody. The irony is the gating - as an investor, you had absolutely no choice whether to punt on the GE result, good or bad. You were gated before it was even called. And completely stuck in. And not even able to hedge (by eg shorting the housebuilders ahead of a Corbyn minority govnt) because you didn't know what WEIF still held. My sympathy is limited as anyone with 5 minutes to spare should have been out ahead of Kent CC. But this really shouldn't be seen as "Woody was right all along".

[rcturner2] 16/12/2019 07:27

It is ironic as Woodford was positioning himself on UK stocks on the basis that Brexit would be resolved and the UK economy would come good.

[topvest] 15/12/2019 12:34

Woodford Equity Income Fund holders have lost out again, through the forced sale of their liquid holdings at awful prices. All liquid stocks sold before the UK bounces on the clear majority election result. You couldn't make it up really!

[dr biotech] 14/12/2019 19:48

Seems winding up the unquoteds and illiquid stocks is going to be slow and painful. No surprises there https://www.theguardian.com/business/2019/dec/13/locked-in-woodford-investors-have-lost-a-fifth-of-their-money

[spectoacc] 13/12/2019 16:19

PJT ought to be doing better than that - tho some of the junk at the bottom truly is junk. BlackRock - have they sold the housebuilders before today I wonder! FTSE up 75, no comparison to the 10-15% gains on them today.

[daffyjones] 13/12/2019 16:14

Hundreds of thousands of investors trapped in the Woodford Equity Income Fund should get around half their money back in January, Link has announced. The FCA has approved its plan to wind up the fund, with a final valuation of assets set to take place on Jan. 17. The first payout will be made on or around Jan. 20, it said, with the fund’s name changing to LF Equity Income Fund. BlackRock, which is selling the more liquid assets on behalf of Link, has sold 56% of the fund, totaling 1.65 billion pounds ($2.12 billion), Link said. BlackRock has reinvested the funds in assets including stock index and money market instruments. However, Link added that PJT Partners, which is selling the less liquid assets, was still exploring opportunities to sell them.

[jonwig] 13/12/2019 14:40

Anyone want to start a new thread for "SUPP"? I don't really feel bothered, but it will be interesting to watch progress. Ideally it should be premium-moderated, I guess.