Woodford Patient Capital Share Discussion Threads

[knowing] 03/9/2019 18:07

Other companies expected to be promoted to the FTSE 250 are peer-to-peer lending platform Funding Circle, the retirement housebuilder McCarthy & Stone and the investment trusts Smithson and Woodford Patient Capital.

[williamcooper104] 03/9/2019 14:36

If he's commenting on domestic UK stocks then over last few years hard to have anything other than the Smiths as the backing track

[chucko1] 03/9/2019 14:29

Porsche, can you try and cheer up? It cannot be as bad as you make it sound. I cannot recall a single optimistic post (whether realistic or not) that you have ever written.

Is your favourite band The Smiths? Perhaps try Aqua instead. (Or perhaps not).

[williamcooper104] 03/9/2019 14:28

Worse than that - he thought brexit was the opportunity of the decade as domestic stocks undervalued

[porsche1945] 03/9/2019 14:09

The problem is with Woodford is that he has brainwashed himself that brexit is ok, sterling hit a 34 year low today, its getting into uncharted territory, it can only make uk consumers much much poorer, everything is imported especially fuel priced in dollars, its sucking in inflation, uk facing stocks are going to keep getting hammered as long as this sxxtshow continues.

[harijan] 03/9/2019 08:31

If that's the best you can do, dafty, it's no wonder you call yourself dafty and that your brain hurts. Pathetic, wasn't it?

It's no wonder, either, that I do not come here often, as they say. Hardly anybody else ever does either. There's no call to visit this malodorous home for bewildered clones.

I did enjoy that bit about the stunningly boring old Archbishop of York. Don't know though whether the reference was to jonwig or poor old speccy. Probably a conflation which is the only thing the shareprophets here are good at!

[jonwig] 03/9/2019 05:50

Citywire's summary of WEIF's losses from unquoted holdings:

"Neil Woodford has lost an estimated £113 million from writedowns to Woodford Equity Income's heavy holdings in unquoted companies since the turn of the year, amid scrutiny of the valuations employed by the suspended fund."
As one comment correctly remarks, "No, no. Woodford is fine. His CUSTOMERS lost the above!"

[topvest] 02/9/2019 18:06

Jane Tufnell must enjoy a challenge. Not sure why someone with her background would want to get involved with this sinking ship.

[buywell3] 02/9/2019 15:54

NAV 75p = WPCT 40p

[psychochomper] 02/9/2019 15:42

And in a single post, Pythian, in so many respects you lay bare your tortured souls.

[psychochomper] 02/9/2019 15:07

Pythian, then continue to read posts 6179 and 6180. Your crowd fool few and have

a) lost an awful lot of money, and
b) doubled up and lost even more.

Especially Harijan. He “filled his boots” in the 70s thinking the drop that day was way overdone. Anyone on this board who cannot see who the fools are would be bigger fools themselves. This has further to fall, don’t you agree oh Master Trader Johnwig?

I have now cut my short as most of the risk reward has indeed be rewarded and there is more event risk than I am bothered to spend time on. I shorted this the day they suspended WEIF. The easiest short I have ever transacted (I was amazed it was possible to short that day) - the same day Harijan went long! Could not make it up. Really!!

[jonwig] 02/9/2019 14:54

@ daffy - "the market can stay irrational longer than you can stay solvent" is usually attributed to Keynes, though others may have said it first.

Keynes knew his markets, having been a fund manager of some ability: very interesting here ...



I think I'll update the quote to be more relevant: "Markets are neither rational nor irrational (they just *ARE*), though some fund managers are irredeemably irrational."

[pythian] 02/9/2019 14:50

Well you're totally wrong there, daffy. Look at post 6178.

You shouldn't attempt to be too clever. It'll make your brain hurt, and you will need some Proton beam therapy in conjunction with the very effective cold fusion. LOL

[ltcm1] 02/9/2019 14:40

daffy - I think it's more like Woodford has stayed irrational and now his fund is insolvent.

[spectoacc] 02/9/2019 14:34

@daffy - unless.... he's short? Some weird mind games of multi handled posters behaving like such muppets on here, that any "normal" WPCT holders realise selling is the best option? Whilst the shorters clean up? ;)

But that's to credit rather too much intelligence to fools who clearly can't see the Woodford the trees.

[daffyjones] 02/9/2019 14:28

pythian - 20 May 2019 - 14:47:07 - 6282 of 10103
I think you will find that johnwig has made quite a lot of money on WPCT. But you wouldn't know about things like that

How does "pythian" know how much money "johnwig" has made on WPCT, when johnwig has never posted that information on here? Curious!

pythian, given that the share price of WPCT is down 49% since you made that post, could you tell us how much money johnwig has lost on WPCT?

[pythian] 02/9/2019 14:24

Sorry I did forget to say that the statistician who knows how to spell 'decile' has not the faintest idea of what it means...... Why should he? He has no need, just to build swimming pools, does he?

[pythian] 02/9/2019 14:19

finke. I think you came to the right place to get advice. After all, amongst the distinguished counsellors here we have a nuclear physicist, a statistician who knows how to spell 'decile', a brain surgeon, a swimming pool builder, and the Archbishop of York who, apart from looking after the ethical standards of the thread, repeats the Lord's Prayer to everyone six times a day.

They were all up on Ilkley Moor last night looking for the missing communal brain-cell.

Alas, in vain.