claude reins
07 Mar 2018
Get a life you guys..... .......who cares about the PRECISE meaning of your statements after you have CLARIFIED them and your opposing views for the NTH TIME!!!!!!Please contribute constructively. I really do like to learn as well as contribute factual information to these BBs.Best regards to you all.
sage in the hills
06 Mar 2018
Four identities hold 43% of Boohoo They are :-Mahmud Kamani 16 %Old Mutual 15 %Old Mutual Global Advisors 7 %Baillie Gifford 5 %Total 43 %SAGE
PIE-EATER
06 Mar 2018
Re: Boohoo at Baillie Gifford ...... re Woodford.......absolutely not.....however, give me the choice between Woodford and this bod at BG, and I would take Woodford every single time. As stated before, over the course of his career, Strathdee has consistently underperformed.....the same can't be said of Woodford!Yes Woodford may have lost it, (or perhaps not?), but at least at some point he had it which isn't something that can be said of Strathdee ! PE
PIE-EATER
06 Mar 2018
Re: Pie - Eater SAGE Sorry but that's not the impression I had from your comments.My take on your thoughts was that because BG had a 5% stake ...and you said they know why they have the stake....(your comment last Thursday)...and the fact that you are positive on BOO, the implication was that because BG were well respected and had the 5% it must be a good thing, backed up by the subsequent comments praising some of their funds (admittedly not stating the uk funds were good)My comment was that BG are indeed an excellent house, when dealing with some areas (Japan etc) but for UK exposure they are absolutely atrocious (and that is the polite censored version) - as born out by the track record I highlighted....both of their UK fund and the manager concerned. Consequently, my thoughts are that if BOO are indeed held by funds who's manager could barely pick apples off a tree, I would be loathe to trust his judgement on individual shares.As for whether someone has the ball_ to hold them, perhaps some people just have more sense?.....I have not sold, but am less convinced than when I suggested limit buys around the turn of the year.PE
sage in the hills
06 Mar 2018
Re: Boohoo at Baillie Gifford ...... ....cant be worse than Neil Woodfords funds in the UK lately can they ? ....SAGE
sage in the hills
06 Mar 2018
Pie - Eater I am merely reporting the fact that Baillie Gifford hold 5% approx of Boohoo in their portfolios.I too hold BG Shin Nippon, and SMT.I am not advocating the UK Equity funds specifically; .... i am just reporting the fact that Baillie Gifford, corporately, has the ball_ to hold them. ..... which is more than can be said for some people of course.So, either one holds them ....or one doesnt ......Nothing complicated.SAGE
PIE-EATER
06 Mar 2018
Re: Boohoo at Baillie Gifford ......Sage Andrew Strathdee manages both funds with the Fucus only launched August 17.Both ones to avoid and as a result view their holdings with cautionFinancial express verdict....Overall, performing worse than the peer group composite. Over a long track record, the manager has, period by period, consistently underformed the peer group. Poor stockpicking has had a material downward effect on results, which have not been particularly exposed to falling markets.PE
PIE-EATER
06 Mar 2018
Re: Boohoo at Baillie Gifford ...... Focus fund is newish I believe...?However, Uk Smaller has an atrocious record...........last 1,3 and 5 years ranking 46/47, 42/46 and 41/45 in the sector ! ( as at 31.1.18)As I said, BG has a great record in bonds, the far east, japan and tech ( I hold BG Corporate Bond, Shin Nippon, SMT and Emerging Market Leaders)......but NOT in the UK and as a result their holding in BOO is, in my view , a real negative as they seem to have a real penchant for not picking well in this area.DYOR as ever.PE
sage in the hills
06 Mar 2018
Boohoo at Baillie Gifford ...... The 5% of Boohoo that is held by Baillie Gifford Fund Managers .....is within ...BG UK Equity Focus fund ....and .....BG British Smaller Companies fund .....SAGE
dimm
06 Mar 2018
buying order I just placed an order with the Halifax system which usually I have no worries at all about. The message was that the order had not been placed 'due to possible market volatility'. It has now been completed
PIE-EATER
06 Mar 2018
Re: Nice rise today....RAC Sage,Even very imprecise...However, I would have thought that with ramping things up and all the investment going into Burnley they would have at least not encountered the same problem with the same customer many months on from the last previous purchase....just an observation.PE
PIE-EATER
06 Mar 2018
Re: The future and sp must be bright ...... From you....Thurs 14.26.....Unless I have completely misunderstood? If that is the case, apologies to all...PE"....one of the most prestigious and productive, and respected investment houses has a 5% stake in Boohoo .... that is a lot of £millions ....... Baillie GiffordThey know why they have that stake.....SAGE"
sage in the hills
05 Mar 2018
Re: Nice rise today....RAC PE ....This investing is a tough game , isnt it ...........if not an imprecise art ......SAGE
sage in the hills
05 Mar 2018
Re: The future and sp must be bright ...... Pie, not sure what your point is .........where do you imply that BG hold the 5% of Boohoo ? ......SAGE
PIE-EATER
05 Mar 2018
Re: The future and sp must be bright ......sage Sage, and NONE of those ITs will invest in BOOI hold several BG trusts and have done for about 25 years but none based on the UK or Europe.....that is not where their expertise lies, which is predominantly in disruptive technology and the far east. The fact that BG hold BOO is, if anything, a s light negative for meGLADYORPE
