ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

WPCT Woodford Patient Capital Trust Plc

33.60
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Woodford Patient Capital Trust Plc LSE:WPCT London Ordinary Share GB00BVG1CF25 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 33.60 33.55 33.90 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Woodford Patient Capital Share Discussion Threads

Showing 10201 to 10221 of 11725 messages
Chat Pages: Latest  409  408  407  406  405  404  403  402  401  400  399  398  Older
DateSubjectAuthorDiscuss
30/8/2019
07:53
jonwig,


Funny you should say that, I was thinking the other day that perhaps shorting everything TW tips, regardless of whether he's bullish or bearish on a stock, would turn out to be quite profitable.

andy
30/8/2019
07:43
TW hasn't mentioned Shoezone on SPs - at least a search throws up nothing. He is currently tipping Optibiotix [OPTI] to buy. Comments on his most recent OPTI tip suggest his readers are sceptical about his 'buy' tips.

Basically, if he says it's a dog it sure is a dog. But if he says it's a tiger, it's probably a dog too!

jonwig
30/8/2019
07:07
"Delusional" is a word I've long used for Woody - that quote seems to confirm it.
spectoacc
30/8/2019
06:52
hxxps://citywire.co.uk/funds-insider/news/link-defends-handling-of-woodford-fund-suspension/a1263108

From the article lol 'We operate to look after investors in that role and I think we've done that well,' he said.

ak47high
30/8/2019
06:32
Amusing how Woody's gone from full disclosure (good on him) to just about no disclosure at all (ridiculous). The main thing I want to know is what he's punted the c.£800m on - allegedly "Liquid UK-focussed FTSE100 stocks", aka LLOY? Or more housebuilders? Either way, had they done well, I've no doubt they'd be being disclosed, since the things he has to sell are perfectly well known already.

(@RCT2 - not necessarily in the US, where passive has become massive. Arguably the more passive skews, the more opportunity for trading, and the less passive skews).

spectoacc
30/8/2019
06:19
As regards passive/active management it is worth remembering that the majority of the stock market is owned by large long term investors such as pension funds. What private investors do actually has little impact except around the edges.
rcturner2
30/8/2019
05:52
From IC, Woody has been reading the Mushroom Growers' Manual:

LF Woodford Equity Income (GB00BLRZQB71) has stopped publishing its 10 largest holdings and will not disclose these again until it resumes trading, expected to be in December. This sets it apart from the vast majority of other funds available to UK private investors, nearly all of which disclose their 10 largest holdings. At a time when the fund's manager, Neil Woodford, is selling holdings to reposition this fund, such disclosures can leave it vulnerable to other investors looking to buy its holdings cheaply or bet on their prices falling.

"During the period of the suspension and subsequent repositioning of its portfolio, Woodford Investment Management will no longer publish details of the holdings in [LF Woodford Equity Income Fund],” said Link Fund Solutions, the fund's authorised corporate director, in an update on 23 August. “The interim report and accounts of the fund to 30 June 2019 will include a list of holdings as at that date. It is firmly believed that this is in the best interests of investors."

Zero effect on Woody-tracking hedge funds who can view earlier lists and track RNSs.

jonwig
29/8/2019
22:40
Passive investing has been around for ages, vanguard in America started by John Bogle first launched in 1974.

Buffet is on record a saying that if he was starting a pension plan now, he would use passive low cost trackers such as vanguard, and as we all know it the charges that rip the heart out of returns.

The trouble is in the UK passive tracker funds don't get their expense ratios down to Vanguard levels and there are many "active" funds that are actually closet trackers but with high charges.

Most managers don't and can't beat the indices..a low cost tracker is the best approach for 90% of investors, i do my own thing and have massive positions in my pension in companies like Shell, Microsoft and IMB great if it goes well , pants if one falls out of bed.

I got into IMB recently when woodford was selling so i have great average, poor woodford investors have paid for it.

hernando2
29/8/2019
22:33
But passive investing across indexes is a relatively new concept.

Passive investing doesn't care about any RNS news of a profit warning or profit upgrade, or a broker recommendation, or any other indicator. It just replicates the index in percentage terms.

If everyone 'goes passive' then everything will move together in unison.

That must be a flawed system.

chinahere
29/8/2019
21:30
I was reading that passive trackers are getting so popular that large caps are being supported regardless and smaller overlooked shares are being ignored. Liquidity is also starting to dry-up during the day with a large amount of the trading coming from passive trackers adjusting later in the trading day.

It is growing, but imagine if the majority of people start to use passive trackers - there would be far less price discovery. Failing companies would be supported regardless and successful companies wouldn't have their share price increased.

A bubble in the making and an opportunity for us PIs?

Any comments?

chinahere
29/8/2019
19:27
Interesting list. Laura Foll and James Henderson are good value investors with a proven long term record. It just shows how out of favour the value style is. The big question is which of these are irreversibly impaired. For what it’s worth, I think all but Woodford will bounce back, if they are not sacked before they get a chance to!
Invesco are at risk of the Woodford connection though and so they could be in trouble as well.

topvest
29/8/2019
16:59
@ blippy - yup, we're on his case there!
jonwig
29/8/2019
16:44
Today I Learned that Woodford invested in a cold fusion company (Industrial Heat). Seems like a complete scam to me. Why Woodford would go anywhere near this kind of dross baffles me. It will NEVER make any money.
blippy3
29/8/2019
15:55
RCT,

Yes, he's got sociopathic tendencies. Lack of conscience and self awareness. It's a very interesting case study, as was Madoff.

simon gordon
29/8/2019
13:43
Holy smoke, what a pair!


Rank 107/108
Equity - UK Equity Income
Manager Return
104 Laura Foll -10.1%
104 James Henderson -10.1%
106 Thomas Moore -10.1%
107 Mark Barnett -10.6%
108 Neil Woodford -22.3%

andy
29/8/2019
13:09
Ha ha he must be dreading Woody's defenestration, 107th out of 107 then..

I still say he's the elephant in the room, notwithstanding that his Top 10's tend to be the very large, very steady stuff he only ought to be investing in.

spectoacc
29/8/2019
13:08
For UK Equity Income. the 3 year and 5 year are no better.
cc2014
29/8/2019
12:51
At what point do idiots like Barnett stop investing in the vast amount of utter tosh that gets brought to market.

Don't think he had any Aston Martin but another perfect example.

Trouble is - isn't their money.

spectoacc
29/8/2019
12:36
Amigo now down 40%. From the BBC

According to Bloomberg data, the biggest institutional investors with Amigo include Invesco, which owns about 67m shares, or 14% of the firm; JPMorgan with 1.8%; Miton Group with 1.6% and Vanguard with 1.1%.

Naturally, Neil Woodford's firm owns a stake, but according to the data Woodford Investment Management did recently sell almost half its shareholding, leaving it with just 0.8%.

Invesco, however, recently added 18.6m shares. It booked a paper loss of about £47m today.

Its founder James Benamor is not unscathed. His Richmond Group owns 288m shares, or 61%. Today's loss for him is about £200m. Again, a paper loss which could recover.

When he and other managers listed the company last year, they sold a 25% stake for about £327m, and so will not go hungry.

cc2014
29/8/2019
11:59
Sam Vaknin is an interesting guy to observe on YouTube. He's a self confessed narcissist. He thinks narcissism and psychopathy are blending to bring about a new personality disorder: Trump being a prime example.

Here he is on the differences between narcissism and psychopathy:

simon gordon
29/8/2019
11:56
RCT,

So, a narcissist?

simon gordon
Chat Pages: Latest  409  408  407  406  405  404  403  402  401  400  399  398  Older

Your Recent History

Delayed Upgrade Clock