Woodford Patient Capital Share Discussion Threads

[ltcm1] 15/8/2019 22:37

Titter ye not :).

[ltcm1] 15/8/2019 22:36

Prothena - the Dublin disease busters down to 7.60!

Autolus plunged 5% to 10 bucks.

How on earth is Neil going to get out of his heavy holdings???

[pugugly] 15/8/2019 15:43

daffy - Thanks - re overdraft . Must have had too much for lunch - eyes not working correctly - typing wrong (mea culpa) Memo self - must check before posting!!!!

[daffyjones] 15/8/2019 15:34

The NAV is 79p. That takes into account the overdraft but not future liabilities.

44p is the share price, not the NAV. The share price reflects only what people are willing to pay for the shares
.

[pugugly] 15/8/2019 15:22

Not holding but can any regular followers advise if nav - today 44p is before or after deducting liabilities - eg:- overdraft and any other liabilities -

Should of course be after deductions BUT no confidence in any accounts these days!!!

Thanks in advance.

[spectoacc] 15/8/2019 12:40

Just looked at ITX's revenues and losses - think I'll pass. Also Woody out at 1.10p, reluctant to pay 1.75p.

Still cursing not being able to get in on his RAVC and RAVP sales.

[timw3] 15/8/2019 12:25

Heads up ITX 52 week high 8p... 155m volume incredible vs 260m shares in issue...

woodford bought this originally at 70p levels...

ITX Directors buying millions this month..

see a big move to 4-5p levels soon

[jonwig] 15/8/2019 10:50

daffy - Jupiter declared 15.6% on 9 July, inherited from Woodford. They don't appear to have sold.

[daffyjones] 15/8/2019 10:42

Eve Sleep shares suspended following speculation of a merger with Simba Sleep.

Eve's share price has fallen over 95% since its 2017 IPO. Woodford pumped in a further £8 million to the company in December 2018 in a fundraise that fell short of its target of raising £15 million due to lack of interest from other investors.

Simba, an unquoted company, was forced to reduce its valuation from £200 million to just £20 million as part of a fundraise in February.

Woodford owned 46% of the company although a big chunk of that went to Jupiter when they took over his Omnis Income and Growth fund.

[ltcm1] 15/8/2019 10:29

There has been some highly skilled ramping on the Kier thread this last week, much better than the usual. I wonder if it was a rope a dope trick to get more PI's committed so they could get the volume up and get short.

Was it coincidence the ring leader, johnbuysthedips, exited just a couple of hours before it peaked out???

Prothena, ALM low.

Woody looks completely jammed in PFG, it it his worst situation of all???

[sweet karolina2] 15/8/2019 10:01

The pull back of KIE is interesting. Is this just normal retrace or was the rise fuelled by rumours Woody had gone now being counter acted by the lack of TR1s?

[spectoacc] 15/8/2019 08:21

Been wondering if/when IPO is a long, tho prob too much Fat Bloke stuff gone on. SJP been selling down their Woody mandate transfers. Not seen any director buys. And still loads for Woody himself to offload, c.13% at last count.

I'd consider it a much better bet than WPCT tho. NAV back in March was 115p. Even if lower now, a lot of IPO's holdings are much longer-held and more advanced than WPCT's junk.

Goes to show just how wildly over-valued WPCT is - strip out the unicorns, add an overdraft and capital commitments, and compare to IPO's valuation.

[diku] 14/8/2019 21:24

What no pictures...

[ltcm1] 14/8/2019 21:09

Looking at the IP Group price, it seems belief in Oxford Nanopoor must be ebbing away.

Crikey if this is the Weif top 10 that was listed above, I wouldn't want to see 11 to 20!!!

If WPCT is 45p in the pound Weif has got to be 60p realistically hasn't it??? And that's based on the WPCT figure standing up, which seems unlikely to me at least.

Woodford is rearranging deckchairs on the Titanic.

[tim 3] 14/8/2019 18:24

Bounce area here for the Dow imo.

[topvest] 14/8/2019 18:18

DJIA looks a bit like a double top to me. If it goes below 24,500 or so it will go down fast. Of course, it may well bounce back after this correction. Sooner or later the game is up, but don’t under-estimate Trump who needs to delay a recession until December 2020.

[buywell3] 14/8/2019 18:12

The USA Bear has woken up


FTSE 100 to test 7000 this week as buywell predicted


6000 by end of this November IMO


hope this helps woody

[topvest] 14/8/2019 18:03

I’ve recently bought Tetragon as well. It’s performed well in the medium term and it’s investments are largely in profitable and growing asset management businesses. Will no doubt suffer a bit in a recession, but on a massive discount given its historical performance which is strong. The company is about a third owned by its managers, so it’s well aligned with shareholders. AVI Global hold a big stake which is what brought it to my attention. There’s nothing wrong with holding illiquid investment if the company has low leverage and the investments are profitable!

[johnwig] 14/8/2019 17:20

Oh dear, this thread is now moving to being a fifth-grade tip-sheet (more likely share pushing outfit). But that's still five grades above the ratty little shareprophet gang.

Lowest decile, ok, chucko?

[jonwig] 14/8/2019 15:58

dave - yes, it's interesting and could be attractive (discount, yield).

When I last looked, I was discouraged by the fees: 1.5%. But that's on top of the fees within each investment, and there are hedge funds in there.

[davebowler] 14/8/2019 15:48

Here's a higher performing,long established trust with unquoted holdings, on a 48% discount to NAV for those tempted to buy in here -