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
  0.85 2.85% 30.65 30.35 30.65 30.95 29.00 29.00 1,766,208 16:35:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 -3.8 -0.5 - 278

Woodford Patient Capital Share Discussion Threads

Showing 10526 to 10546 of 11625 messages
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DateSubjectAuthorDiscuss
26/9/2019
06:16
The Board of Woodford Patient Capital Trust plc (the "Company") has been notified by Link Fund Solutions Limited ("Link"), that it intends to reduce the valuations of three of the Company's holdings. These valuation adjustments reflect the challenging fundraising environment for these businesses which may impact their ability to or the level at which they may be able to raise capital in the near-term. Following the valuation adjustments, the Company's net asset value ("NAV") will reduce by approximately 3.1 pence per share and will be reflected in the Company's net asset value as at close of business 25 September 2019 (which will be announced to the market on 26 September 2019). Link, through its Fair Value Pricing Committee, is responsible for the independent valuation of the portfolio of the Company. Link, with the support of an independent valuation firm (IHS Markit), undertakes the valuation of the Company's unquoted assets in accordance with the Financial Reporting Standard (FRS) 102 and International Private Equity and Venture Capital Guidelines (IPEV). The Company will be announcing its interim results for the six-month period ending 30 June 2019, on Monday 30 September 2019.
jonwig
25/9/2019
17:49
I wonder what the carrying value for Sphere was in WPCT NAV. Not as much as some of his other soon to be zeroes no doubt.
sweet karolina2
25/9/2019
07:45
Neil Woodford's embattled investment firm gave advice to a Treasury-backed panel that today will recommend that money from pension savers should be invested via open-ended funds to buy illiquid, unlisted stocks. The panel's report says that many ordinary pension savers miss out because their money is not invested in venture capital and private equity and argues that young people today would be 7 per cent to 12 per cent better off in retirement if it were.- The Times
liquidkid
25/9/2019
07:45
Just look at the Sphere website. It's is there.
goliard
25/9/2019
07:38
SP tells us that Sphere Medical has gone bust (administration). Can't find verification. This is the company Woody invested in heavily, then reinvested. It delisted to be out of sight, out of mind.
jonwig
25/9/2019
07:33
Got double shafted since everybody new for months he was a seller, so share price of IP group was depressed. Then by completing a large placing another discount. Result for buyers more misery for Woodford clients.
bjfanc
25/9/2019
05:55
Good spot. Did well to get that price for them I reckon. More misery for gated WEIF holders tho.
spectoacc
24/9/2019
19:37
Neil Woodford, the former star fund manager, has conducted a hasty cut-price sale of IP Group after dumping his stake of 142m shares in the FTSE 250 intellectual property incubator for around £76m. The after-market share sale, which was conducted by Bank of America Merrill Lynch via an accelerated book-build, took place at a material discount to IP’s Tuesday close of 61.4p. The sale was provisionally priced at 53.5p per share, dealers said. It comes as relations have soured between Mr Woodford and IP. More: https://www.ft.com/content/102a95b8-dee4-11e9-b112-9624ec9edc59
jonwig
24/9/2019
08:23
EDIN (which I'm in) Report to 31st March shows how much cr*p Barnett holds/held - can see CIR, Eddie Stobart, TCG, FCH, IPO, Redde, Amigo, PFG all in there. Only BUR in the Top 10 has collapsed. Barbell only works if you don't pick utter sh*te for one side of it.
spectoacc
24/9/2019
08:01
It makes grim reading for those continuing to support Barnett. You may well turn out to be correct regarding the questions that could increasingly come Barnett’s way, and the knock-on effects this may have. I still think it will need something else to catalyse it, and some of his funds are trading at large discounts. But as we have seen, large discounts do not always mean good value! And yet post 2009, some fund discounts were obscene and led to future outsized profits. I would bet against WPCT on that score.
chucko1
24/9/2019
07:24
@chucko1 - now I look, it seems he sold sometime after April: hTTps://citywire.co.uk/investment-trust-insider/news/the-funds-and-trusts-stung-by-thomas-cooks-collapse/a1271768?ref=investment-trust-insider-latest-news-list Looks like he got 4 or 5p for most in July.
spectoacc
24/9/2019
07:19
How much of TCG did MB own?
chucko1
24/9/2019
07:16
You could say Barnett is "Thomas Cook'd".
jonwig
24/9/2019
06:49
Anyone surprised to hear that Mark Barnett held some Thomas Cook? Me neither. Thinking about Woody's c.500m that might remain in WEIF - at some point it'll go up 20% (no unlisteds, ftse350's only, allegedly) and everyone will say "See, if only he'd been given a chance, it just needed more patience". It's why Woody investors deserve to have lost so much money.
spectoacc
23/9/2019
21:07
https://www.theguardian.com/business/2019/sep/23/neil-woodford-buying-up-ftse-100-shares-after-fund-suspension Neat enough summary
dr biotech
23/9/2019
16:07
Such a shame that NW invested in IH for his fusion kicks, where the major asset appears to be a now discredited paper and a pile of silence. In the case of IH, silence is probably more valuable than the alternative. Compare with an Oxford-based company called First Light. Just up the road from him, so how did he miss it? They publish an outline of their thinking - which is important as the people running this outfit have some meaningful pedigree. For instance, one of the advisors is the fellow who is the head of OU Engineering (now ranked first in the world) and others being lecturers and/or research students of his, including the now-CEO of First Light. They have funding for the next five years and the plan would be not so much to “finish the job”, but to show how it might be done and hence sell some of the IP. A sensible route for non-governments to take rather than NW’s absurd notion wrapped up within IH. Says everything you need to know about him. More engineering than physics? Makes sense to me.
chucko1
23/9/2019
15:28
This is the announcement; https://woodfordfunds.com/words/blog/fund-suspension-update-23-september-2019/#main Maybe I'm cynical (moi?) but I read fairly clear hints there that the suspension would not be lifted in December. I also read this: Is Neil a forced seller? No. While investor trading in the fund is suspended, Neil has the time and space to deliver on his strategy to place the unquoted parts of the portfolio with interested buyers. Sure, lots will read that and sleep easy for another night.
jonwig
23/9/2019
15:07
WEIF staggering, particularly considering c.£800m or more is now in Woody's "Liquid, FTSE100 stocks" which we now know to be BATS, IMB, IAG (oops), BT. And more to come when the last of the "unsellables" go, and all of the unicorns/unlisteds inc Rutherford. WIFF shows there's enough fools out there for even WEIF to still have say half a billion under management if/when it reopens. Enough fees from that to fund WIM I wonder? Woody may yet survive this, but he'll have c.5% of the money to manage that he had at the peak.
spectoacc
23/9/2019
15:00
Fund updates out. WEIF gated but still lost 10.3% of it's value in one month. asset value now £ 3.12b WIFF down to £258m which suggests redemptions have slowed somewhat
cc2014
23/9/2019
14:28
This was looking good first thing NAV dropping now towards 65p must be putting some folks off IMO
buywell3
23/9/2019
11:34
Kpo, repetition which you seem to have ignored. More fool you.
psychochomper
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