Woodford Patient Capital Share Discussion Threads

[ltcm1] 21/6/2018 10:47

Careful I think it was revealing that there was no mention of BeneloventAI in the article, which hints that Hewitt has nothing positive to say about them.

There are those that believe BenAI has no commercial value. Certainly the current valuation seems very rich considering they have hardly cooked much in the lab to date.

There does seem to be a common theme in the WPCT portfolio in that nothing makes any profit. This is not neccessarily bad but any downturn or company shocks like we had with Prothena could see WPCT go to the 40's. Against that there could be a massive upside.

I think you have to gauge how good Woodford is with management and how good is his technical due dilligence. These for me are where the questions lie. I am a bit rattled Woodford is siding with Tinkler when Invesco are going with Ferguson. Maybe Woodford is right but then again he got RM2 so wrong, so it makes me wonder.

[careful] 21/6/2018 10:11

hoping for some informed comments here ref todays Telegraph article that mentions specific WPCM investments.
The article was positive, thinking of adding.

Are there no serious investors on this thread.
Seems to be a bunch of children having a playground squabble.
Any poster with multiple posting names needs help.

[littleweed1] 21/6/2018 09:01

Brilliantly funny item from "chucko". You guys here are lucky you've got a true satirist on board.

[careful] 21/6/2018 08:51

positive article in todays daily telegraph about WPCT.
'hang on as its holdings make solid progress'.
detailed article discussing some specific shares.
could go much higher over next two-three years.

'now is not the time to sell'.
Questor.

[dalesiders] 20/6/2018 22:30

Stench of death about this one

[solonic] 20/6/2018 22:05

Yawn. Lol

Cluck-repetition-cluck

[topvest] 20/6/2018 21:19

Eve Sleep is really tanking today. That's another fine mess Woody got WPCT in!

Jonwig - amusing article. LOL

[1tcm1] 20/6/2018 13:24

I feel so sorry for yo Minerve. Yo gettin' all this flack for supportin' me and my "troops" at shareprophets.

[oiltakeyouhomeagaincaitlin] 20/6/2018 13:06

Back in Feb this year you said "Remember, I am 14% up on this baby so I am certainly one of the top performers on this stock so far."

So that wasn't actually the truth?

Do you ever tell the truth? Just asking.

[minerve] 20/6/2018 12:41

Yeah, that's right. I swept that one under the carpet. Naughty me.

[oiltakeyouhomeagaincaitlin] 20/6/2018 12:33

What happened to those shares you bought in 2016 Minerve?

I bet you sold them last year at a huge loss, you old rascal you!

[minerve] 20/6/2018 10:28

Yes, believing a company will one day be successful is not a good enough reason alone to invest. Timing and level of investment are just as important and Woodford's timing and level of investment in some shares is questionable. Some of his funds are just too large, almost guaranteeing underperformance IMO.

[ltcm1] 20/6/2018 09:51

It seems the Woodfordians will currently go to almost any lengths to avoid discussing WPCT while it languishes near all time lows, hence the bickering and petty squabling witnessed above.

Within WPCT the one question they will never address is RM2 and Woodford's further investment in the ailing pallet maker (shares currently 1 penny). Woodford seems to have lost about 10% of the fund in a total startup with a plan that is flawed. This seems very different to his advertised approach of only backing proven concepts.

While I accept any investment can go wrong it is the sheer scale and breath of the disaster that is so shocking. He's invested again and again and somehow ended up with 68% of a company that could require further funding in the near future.

Can anyone defend this???

[solonic] 20/6/2018 09:14

Oh,don't worry, clucko. It was something that you are not really familiar with: the truth! LOL

[chucko1] 20/6/2018 00:49

Was “a ratio of 1 to 109” a typo, irony, humour or plain stupidity? You make it difficult to tell.

[chucko1] 19/6/2018 21:57

I would never claim that anyone is a know-nothing know-all(!) (zero x infinity = undefined).

I would say that there is a reasonable balance between posts criticising Woodford and those saying "cluck". I was suggesting that the author(s) of the "cluck" posts might change tack and put forward the positive case for Woody and relieve me of the burden (happy that I am to do this in the face of a void).

I think I have been even-handed in that regard. It's not as though I mentioned that the Income Fund has a 12 month performance which has slipped to the 0th percentile within the sector. (source Bloomberg).

For the avoidance of doubt, 99th or even 100th percentile is better.