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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 0.0% 33.60 33.55 33.90 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 -3.8 -0.5 - 305

Woodford Patient Capital Share Discussion Threads

Showing 11676 to 11700 of 11725 messages
Chat Pages: 469  468  467  466  465  464  463  462  461  460  459  458  Older
DateSubjectAuthorDiscuss
16/12/2019
10:20
This share is now renamed Schroder UK Public Private with EPIC SUPP
betman
16/12/2019
07:37
I see the irony as being elsewhere. Yes, Woody "called" this, but to make 10%, 20% on his (former) housebuilders in a day or two doesn't get close to making up for c.50% losses. Start at 100, fall to 50, a 20% rise gets you back to 60. Go Woody. The irony is the gating - as an investor, you had absolutely no choice whether to punt on the GE result, good or bad. You were gated before it was even called. And completely stuck in. And not even able to hedge (by eg shorting the housebuilders ahead of a Corbyn minority govnt) because you didn't know what WEIF still held. My sympathy is limited as anyone with 5 minutes to spare should have been out ahead of Kent CC. But this really shouldn't be seen as "Woody was right all along".
spectoacc
16/12/2019
07:27
It is ironic as Woodford was positioning himself on UK stocks on the basis that Brexit would be resolved and the UK economy would come good.
rcturner2
15/12/2019
12:34
Woodford Equity Income Fund holders have lost out again, through the forced sale of their liquid holdings at awful prices. All liquid stocks sold before the UK bounces on the clear majority election result. You couldn't make it up really!
topvest
14/12/2019
19:48
Seems winding up the unquoteds and illiquid stocks is going to be slow and painful. No surprises there https://www.theguardian.com/business/2019/dec/13/locked-in-woodford-investors-have-lost-a-fifth-of-their-money
dr biotech
13/12/2019
16:19
PJT ought to be doing better than that - tho some of the junk at the bottom truly is junk. BlackRock - have they sold the housebuilders before today I wonder! FTSE up 75, no comparison to the 10-15% gains on them today.
spectoacc
13/12/2019
16:14
Hundreds of thousands of investors trapped in the Woodford Equity Income Fund should get around half their money back in January, Link has announced. The FCA has approved its plan to wind up the fund, with a final valuation of assets set to take place on Jan. 17. The first payout will be made on or around Jan. 20, it said, with the fund’s name changing to LF Equity Income Fund. BlackRock, which is selling the more liquid assets on behalf of Link, has sold 56% of the fund, totaling 1.65 billion pounds ($2.12 billion), Link said. BlackRock has reinvested the funds in assets including stock index and money market instruments. However, Link added that PJT Partners, which is selling the less liquid assets, was still exploring opportunities to sell them.
daffyjones
13/12/2019
14:40
Anyone want to start a new thread for "SUPP"? I don't really feel bothered, but it will be interesting to watch progress. Ideally it should be premium-moderated, I guess.
jonwig
13/12/2019
14:14
@Andy - 12 months, same rate, and the previous restrictions removed - a lot more favourable than I'd have expected. I won't be in long however. WPCT's problems remain, not least where on earth they'll ever realise any cash to return to shareholders.
spectoacc
13/12/2019
14:09
Specto, I fully expected it would be, they didn't really have a choice did they? when you owe a £100 it's your problem, when you owe £100 million it's the bank's problem etc.
andy
13/12/2019
13:36
OD extended, gone (temporarily) long WPCT.
spectoacc
13/12/2019
13:05
Woody's homebuilders etc. having a good day
smcni1968
11/12/2019
21:51
Remind me of Woody's stats.. ;)
spectoacc
11/12/2019
21:00
He has outperformed by 3% per annum long term though.
topvest
11/12/2019
15:22
Only from EDIN - PLI keeping him it seems, Invesco too. Interestingly, EDIN's board have gone for the very underperforming geezer at MAJE to take over. Really quite weaselly, though saving a tenth of a % on fees.
spectoacc
11/12/2019
15:07
Barnett has been fired.
rcturner2
11/12/2019
06:37
From The Times, today: The independent board of Patient Capital picked Schroders to replace Mr Woodford’s firm in October. It is understood that the asset management group could officially assume responsibility for managing the trust this week. To be called "Schroder UK Public Private Trust".
jonwig
10/12/2019
21:40
Exactly just can not get away from the fact that looking for quick gains involves exposing yourself to big losses and even with the best stop loss strategies you can not get away from that basic fact.
tim 3
10/12/2019
20:07
tim - yes, it takes years of experience! And also one's aims evolve. At my age I'm not interested in outperforming a rising market (it means taking on more risk) but I do want to do better than a falling market, meanwhile collecting the dividends, as you say. Trackers are just boring: maybe in my dotage I'll have no other choice, though.
jonwig
10/12/2019
19:47
Interesting Jonwig. I have invested for over 30 years and been on here for 20 years would like to think I have progressed beyond beginner ,have had long periods of success as well as a few big losses like many on here.These days I look for a steady performance rather than trying to make spectacular gains as I once did with options and futures. Was no big fan of trackers always saw them as a bit of a cop out but a few years ago I did a fair bit of research over various different time periods and market conditions I found they did consistently well.With funds generally you get periods where one fund does really well but then it underperforms, often for years the Woodford fund being an extreme example.Like anything if you can spot those trends early then you could do much better than trackers but thats a big IF.The other area that came out well was investment trusts with decades of dividend growth and capital growth.
tim 3
10/12/2019
17:04
He's exceptionally good at picking turkeys.
spectoacc
10/12/2019
16:59
Do you think Woodford will have a Christmas party???
ltcm1
10/12/2019
15:56
https://www.sharesmagazine.co.uk/news/market/6706683/IP-Group-portfolio-company-Oxford-Nanopore-selected-for-Abu-Dhabi-genome-project
kooba
10/12/2019
15:04
"Low cost trackers are better for beginners." I follow closely the comments sections of FT articles, and if any single idea can be taken away, it's that these are the chosen homes for City professionals. Maybe a dozen or so posters here would disagree: a a private investor with experience and a bit of aptitude can avoid the landmines, such as Woodford. But a comment form someone that "A man must know his limitations" needs to be set against his claim on the previous thread: careful - 10 Oct 2019 - 09:21:54 - 10598 of 11151 70% discount to net assets, how tempting is that. irresistible for a shrewed long term patient investor. Not all beginners progress to the next stage.
jonwig
10/12/2019
13:59
careful9 Dec '19 - 09:47 - 342 of 348 0 1 0 Low cost trackers are better for beginners. 'A man must know his limitations.' Compared with the equity income sector the FTSE index has outperformed over the last 3, 5 and 10 year time periods.
tim 3
Chat Pages: 469  468  467  466  465  464  463  462  461  460  459  458  Older
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