Woodford Patient Capital Share Discussion Threads

[davr0s] 10/10/2019 10:40

Wouldn't touch with the proverbial at the moment

[davr0s] 10/10/2019 10:40

Not really as many of the valuations are difficult to assess and very illiquid. Stock price and trend tell the story and rarely lie

[careful] 10/10/2019 10:21

70% discount to net assets, how tempting is that.
irresistible for a shrewed long term patient investor.

[harijan] 10/10/2019 10:14

Oh, hello winnie.

I thought I'd just tell you. I 've been buying heavily today as you probably can see. My current average is just over 40p. If it drops again I'm in for more. They're not having mine. It was too good a chance to refuse.

It's been a good laugh how you bad guys got caught out cheating. LOL

[ltcm1] 10/10/2019 10:12

If it helps anyone, the glitch we are seeing is an Amstrad 9512 transposing bug.

[psychochomper] 10/10/2019 10:06

Johnwig, there is no - final proof - of anything, even the widely expected (on this board, at least) demise of WPCT. So that does leave room for debate on this matter, but you seem to be too afraid to engage. Why?

The flaw is yours.

[skinny] 10/10/2019 09:52

The pound sign issue was rectified yesterday, but appears to be 'back' this morning!

Post - 10592 - nice edit to remove the 'gibberish' type!

[rcturner2] 10/10/2019 09:34

lol buywell

shame you have been tipping PPIX since it was over 12p and you are now down 90%

[minerve 2] 10/10/2019 09:31

Specto

"but madness to hold any Unit Trusts with them IMO"

Why?

[pvb] 10/10/2019 09:14

...I've managed to post some posts on ADVFN where I had to include a note to self; 'DO NOT EDIT THIS POST'

:-)

[buywell3] 10/10/2019 09:14

buywell predicted this would be bought by another Institution to salvage reputations of such

Look back at buywells posts

[jonwig] 10/10/2019 09:12

pvb - I've just sent a private ms to support. It formatted the pound sign correctly!

ALT+156 doesn't work: �

[pvb] 10/10/2019 09:08

jonwig 10 Oct '19 - 08:50 - 10580 of 10586

Strange formatting. When I pasted the FT article, the � signs were formatted in ASCII, so I edited them. But they came back in ASCII!

The ADVFN post editor, while better than it used to be, still has many 'eccentricities'!

[spectoacc] 10/10/2019 09:06

Discount to what? Link's Not Asset Value? Most of us think it's still trading at a premium.

[buywell3] 10/10/2019 09:06

buywell3 9 Oct '19 - 08:45 - 10571 of 10582 Edit

NAV heading towards 60p it would seem

At the present rate of decline should IMO get there in approx two to three weeks

WPCT 35p then IMO becomes a distinct possibility

Unless of course some worthy sees value here and buys it.

[jonwig] 10/10/2019 09:06

Spec - yes; ���������������������������

[wtacraig1] 10/10/2019 09:05

Now 45% discount? How come?

[spectoacc] 10/10/2019 08:57

Just taken the "pound" signs out of mine!

[jonwig] 10/10/2019 08:50

Strange formatting. When I pasted the FT article, the � signs were formatted in ASCII, so I edited them. But they came back in ASCII!

[spectoacc] 10/10/2019 08:33

Irritating isn't it - HL seriously dropped the ball, was completely inept (about the best you could say) in its endless promotion of Woody's funds, even after us amateurs could see what a car crash WIM was. Yet people are still going to HL, still giving them substantial fees.

I like the platform, but madness to hold any Unit Trusts with them IMO, or be seduced by any of their (non) tips.

Confirms my believe that Woody will still have c.500m to manage if/when WEIF ungates - plenty of fools out there. (Unfortunately for him, fees on 500m won't be likely to keep WIM alive).

[jonwig] 10/10/2019 08:29

FT's comment on HL's trading statement:

Hargreaves' Lansdown finally made it easier for disgruntled customers to quit its investment platform last month, announcing it would drop controversial "exit fees". But in its latest quarterly results, customers still show no sign of going anywhere, despite the group's ties with persona non grata Neil Woodford (the platform had heavily promoted his funds to its customers).

Hargreaves Lansdown pulled in 35,000 new punters in the three months to the end of September, the first complete quarter since Mr Woodford's flagship fund was gated in early June. Net new business was �1.7bn, or �400m more than the same quarter a year ago although �900m of these inflows came from direct back book transfers from JP Morgan and Baillie Gifford.

Hargreaves acknowledged there had been an impact on new business in the quarter but not from the fallout of the Woodford saga. Indeed, there is no mention of the fund manager in Thursday's statement. Instead, it was "weak investor sentiment arising from continuing Brexit and political uncertainty in the UK and wider global macro issues such as trade tariffs" that held back business.

[minerve 2] 09/10/2019 21:01

Convergence with zero continues....

[pugugly] 09/10/2019 20:39

Apologies wrong thread