Woodford Concerns

itwasntme001

AnotherJoe wrote: »

Looks irrational to me, since its probably around 2x where it should be on my back of a fag packet reckoning, (which is probably more space than he used to work out what to pay in the first place)


In any case, when you say the market is "never wrong" thats obviously wholly incorrect.

Unless by "generally never wrong" that's another way of saying "its sometimes very wrong"

I meant generally never wrong and also just for liquid markets. Many of the companies he invested in are not liquid which i think is what you are referring to when you say they are twice as valued as they should be.

Reaper

itwasntme001 wrote: »

Are you buying because you think the investment is sound at current price levels (or lower) or are you buying purely as a punt (hope and see what happens)?

Definitely a punt. There are too many unknowns on both the downside and the upside too (rumours of hedge funds thinking of pouncing, Woodford being replaced etc).

Johnnyboy11

StellaN wrote: »

I noticed on the HL website (for the trust), that somebody bought nearly £600K worth of shares this morning, they paid 59.20

I'm still considering whether invest a small sum although I understand the problems with some of its holdings such as IH but there are a few holdings that could produce some value.

That £600k was for exactly 1 million shares. Somewhat spookily there was another purchase of exactly 1 million shares this morning, for the lesser sum of £540k. Who is the Woodford Whale?

itwasntme001

Johnnyboy11 wrote: »

That £600k was for exactly 1 million shares. Somewhat spookily there was another purchase of exactly 1 million shares this morning, for the lesser sum of £540k. Who is the Woodford Whale?

Maybe fake trades to create the illusion there is demand to buy this !!!!.

dividendhero

itwasntme001 wrote: »

Maybe fake trades to create the illusion there is demand to buy this !!!!.

Could be Woodford buying shares in the open market and then selling via dark pools, but knowing him he'll lose money dealing in his own shares

itwasntme001

dividendhero wrote: »

Could be Woodford buying shares in the open market and then selling via dark pools, but knowing him he'll lose money dealing in his own shares

hahahahaahahahahaha. i wouldn't be surprised. he is such a fool.

JohnRo

itwasntme001 wrote: »

hahahahaahahahahaha. i wouldn't be surprised. he is such a fool.

Don't be one yourself, whatever he is it's not that.

AnotherJoe

Motley Fool Article on WPCT

TL;DR :Steer clear, still overvalued (with some detailed analysis of why)

masonic

AnotherJoe wrote: »

Motley Fool Article on WPCT

TL;DR :Steer clear, still overvalued (with some detailed analysis of why)

Another Motley Fool Article on WPCT from a few days earlier

TL;DR : The current discount on the NAV makes an investment in Patient Capital a bargain

Motley Fool always releases 2 articles with opposite opinions. Whatever happens, they'll be able to point back to a story where they called it right. You'll have to pay for their extortionate share-tipping service to find out what they really think.

bowlhead99

masonic wrote: »

Motley Fool always releases 2 articles with opposite opinions. Whatever happens, they'll be able to point back to a story where they called it right. You'll have to pay for their extortionate share-tipping service to find out what they really think.

That's the general idea. Although, Fool don't *always* do two separate opinion pieces showing both sides of the coin, they sometimes only present one view ... but either way, by the time you get to the bottom of their clickbait article you'll find yourself being nudged towards the sign-up link to join their subscription service to find an even better investment on which their top analysts are agreed

They neatly rounded off the article you linked with:

In the meantime, one of our top investing analysts has put together a free report called "A Top Growth Share From The Motley Fool", featuring a mid-cap firm enjoying strong growth that looks set to continue. To find out its name and why we like it for free, click here now

While they ended the article linked by AnotherJoe with:

Research into unloved sectors can often unearth fantastic growth opportunities to help boost your wealth – and one of Fool UK’s contributors believes they’ve identified one such winner, which could be a bona-fide bargain at recent levels!

To find out the name of this company, and to get the full research report absolutely free of charge, click here now

The common denominator is that you might be missing out on a great opportunity if you don't sign up NOW to their recommendations.

I get that they can't employ analysts for nothing and all the Trustnet and HL advertorials are likewise only free because the advertisers or fund houses or the firm itself has a vested interest in you reading them. And sometimes the Fool articles that lead up to the advertisement footer do actually present information that a keen follower of a stock might not already have thought of for themselves.

Still, I find it difficult to read Fool articles as the further I scroll down the page, the closer I feel I'm getting to the frustration of a sometimes-insightful editorial cutting off at an interesting point and dumping me into an advert. They are the Blue-Ball Queens of the consumer investment sector.