New Star Heart of Africa

purch

or have they just not updated their fund prices for a laugh

...it will always be difficult to value the holdings in a Fund such as this ( and hard to liquidate holdings too ) due to the lack of liquidity in the areas invested

Murphy_The_Cat

purch wrote: »

...it will always be difficult to value the holdings in a Fund such as this ( and hard to liquidate holdings too ) due to the lack of liquidity in the areas invested

but............................ the price per share/unit, is the price per share/unit at ATM, its still doing OK -- & whilst I'm happy about that, I'm a bit surprised.

Liz_the_Whizz

Give it another day or so and wombat42 will be 100% in Africa;) .

(only joking wombat...........)

purch

Give it another day or so and wombat42 will be 100% in Africa

He probably is without knowing it !!!:eek:

Remember 'I'm leaving it to the Fund Manager to decide ......'

Murphy_The_Cat

Liz_the_Whizz wrote: »

Give it another day or so and wombat42 will be 100% in Africa;) .

(only joking wombat...........)

noooooooooooooooooooooooooooooooooooo. for the love of mankind, don't let him do it.

have you seen what he's done to my Allianz BRIC fund !!!!!!!!!!!!!!!!!!!;):beer:

jamesd

Murphy_The_Cat wrote: »

why is the Heart of Africa fund still performing pretty damned well, and actually went UP yesterday ?

Maybe they sold short New Star shares and are taking a profit after the profit warning and drop?

wombat42_2

purch wrote: »

He probably is without knowing it !!!:eek:

Remember 'I'm leaving it to the Fund Manager to decide ......'

I will leave my finances in the capable hands of Robin Geffen and his team for the next 10 years.

m_c_s

wombat42 wrote: »

for the next 10 years.

Now where have we heard that before.....:rotfl: :rotfl: :rotfl:

wombat42 wrote: »

I will leave my finances in the capable hands of Robin Geffen

OMG Ive got some money in Neptune funds....get me the phone now....

jamesd

wombat42, have you looked at hedge funds and how they can sell short to profit from a falling market yet?

wombat42_2

jamesd wrote: »

wombat42, have you looked at hedge funds and how they can sell short to profit from a falling market yet?

I have a 10 years perspective and i dont give a fig about temporary market dips. :cool:

Anyway the markets are back up for today at least.