Lupo di mare
31 Mar 2018
Re: NEW ARTICLE: Top 20 investment trust... What really bugged me last year was the lack of, or minimal, holdings in mineral resources and oil. It doesn't take a genius to figure out that with the fall in the oil price oilies would be cutting back on costs - I mean, they announced it loud and clear, as well - and that with S.A. needing to get the ARAMCO float away, every effort was going to be made to cut production and stocks, plus S.A., amongst others, needed a higher oil price, anyway.Ditto with mineral resources and cost cutting.It's no good the manager saying, 'yes, but, we feel that the miners SPs will fall back'. You missed the boat.Not good enough!
Stepenwolf
19 Mar 2018
Re: NEW ARTICLE: Top 20 investment trust... I am going to stop reading and believing the BS about "Star Managers" - what a shower
Lupo di mare
18 Mar 2018
Re: NEW ARTICLE: Top 20 investment trust... "Does anyone know why?"Cra p management?Prov. Fin. weighed heavily, plus pharmas, although the latter should benefit them/us in time.Baccy also knocked them, although they're good divi providers.Then there was BT, and....But lazy management, basically, I'd say.
Stepenwolf
17 Mar 2018
Re: NEW ARTICLE: Top 20 investment trust div... This fund has underperformed the uk equity income sector by 21% over 3 years. Does anyone know why?
II Editor
08 Feb 2018
NEW ARTICLE: Top 20 investment trust dividend growers named "Income-seekers who want some reassurance that dividends paid by investment trusts can grow – or at least be maintained – can get some valuable information from assessing the dividend growth statistics on the following pages.These statistics, ..."[link]
cloakey
09 Jan 2018
Re: Backing the wrong horses BB Healthcare/ Jupiter Euro Opps/Lindsel Train/Scottish Mortgage but just as these sit better with my portfolio. Had far too much cash out last year trying to be smart, which I now admit,,,, I`m not.
Stepenwolf
08 Jan 2018
Re: Backing the wrong horses Ok, Cloaky - what did you swap into or are you holding cash ?
cloakey
08 Jan 2018
Re: Backing the wrong horses sold out my last shares today,,, held for too-oo long, also got rid of my Edinburgh .
Stepenwolf
08 Jan 2018
Re: Backing the wrong horses Hi Sea WolfTIme to sell ?Wolf of the Steppes
Lupo di mare
22 Aug 2017
Re: Backing the wrong horses They're having a rough time of it lately, now they're being hit by their holding in Provident Financial. Glad that I flogged half.
Lupo di mare
31 Jul 2017
Re: Backing the wrong horses He was lucky, by crikey. Wonder if he had an inkling about what was afoot. We'll never know. Didn't he used to be called Neil Woodbine? He should have.
Stepenwolf
31 Jul 2017
Re: Backing the wrong horses Hi Sea Wolf and NickDogYou are both in good company - see this from the famous guru Neil Woodford [link]
Lupo di mare
31 Jul 2017
Re: Backing the wrong horses Made much the same comment myself, Nick, but the site went ti ts up, temporarily, as I pressed "submit".It was certainly a pretty heavy week, last week, but I wouldn't sell on AZN and BP. Baccy is a different proposition: well they might continue puffing away in the Far East and places, but if the trend is to enforce reducing the nicotine, and therefore the addictive aspect of baccy, it might catch on world-wide. Thing is, as you mention, PLI is very heavily into baccy and that's a concern. Does one wait for developments, or sell/lighten? Personally, I sold half mine Friday PM.
NickDog
31 Jul 2017
Backing the wrong horses Sold out completely today. Made modest gains over last year or so.Tobacco under attack quite rightly. BP oil price concerns. AZN diving. Provident in trouble. BT Italy problems. Not a portfolio I would select myself.
Stepenwolf
18 Jul 2016
Re: PLI losing its way? The discount over 6%, good companies, reckon this is undervalued in relation to its historical performance - up 1.8% today - maybe the tide is turning.
