Woodford Concerns

masonic

dividendhero wrote: »

I know it's the wrong forum section to say this, but the former Editor of the Torygraph Max Hastings has made it clear that Johnson is totally unfit to be PM

But he deserves it so. I'm just shocked he asked for it, or that there was a leadership contest. That said, I'm convinced he will give the electorate what the majority of them asked for, and they will remember it.

Thrugelmir

OldMusicGuy wrote: »

I am investing in thousands of businesses. Far less risky in my book than investing in a single (or small number) of businesses.

Where possibly the bulk of the underlying growth has been driven by a small number of mega caps.

OldMusicGuy

Thrugelmir wrote: »

Where possibly the bulk of the underlying growth has been driven by a small number of mega caps.

Indeed, but then I don't have to worry about when those mega caps will be replaced by new ones (as is bound to happen). People who time that will do well, people who don't could lose a lot. I will just follow the markets.

Johnnyboy11

dividendhero wrote: »

...PS Still waiting for "Woodgate" to catch on

I think a "Woodsie" is nearer the mark, with credit to Frank Spencer in Some Mothers do Ave 'Em...


https://www.britishclassiccomedy.co.uk/ooh-betty-the-cats-done-a-woopsie-on-the-floor-some-mothers-do-ave-em

MaxiRobriguez

redux wrote: »

I know it's the wrong forum section to say this, but at the moment their big project is make their part-time colleague Boris Johnson seem normal.

I suppose painting wooden boxes to look like buses is slightly more 'normal' than spending your formative years not riding the village bike but running through the village wheat fields.

AnotherJoe

Reading an article this morning about investment managers opinions on buying WPCT, and I see a company called Seneca bought into it in early June (and must be 15-20% down by now), take a look at Seneca and I see they employ Link. Incestuous or what?

seacaitch

AnotherJoe wrote: »

Reading an article this morning about investment managers opinions on buying WPCT, and I see a company called Seneca bought into it in early June (and must be 15-20% down by now), take a look at Seneca and I see they employ Link. Incestuous or what?

No. A gazillion outfits use Link in some capacity or other.

Nothing to see here.

bowlhead99

AnotherJoe wrote: »

I see a company called Seneca bought into it in early June (and must be 15-20% down by now)

Seneca were saying in interviews back in Jan/ Feb that they had bought back into the trust at a discount (having previously sold out at a premium) I thought the headline for this week was that they had reduced their holding a bit, though were still looking to rally institutional support for board changes.

take a look at Seneca and I see they employ Link. Incestuous or what?

My oh my. But the Link group has thousands of clients worldwide. It's not particularly incestuous if two unrelated investment managers happen to employ them.

What is this thread turning into, BuzzFeed? Neil Woodford's fund has a bank account. Which other funds use that bank? The Answer Will Shock You

Scarpacci

RM2 International, a company which Woodford owns 60% of, lost three quarters of its stock-market value today on concerns it will not be able to secure more funding. The company is burning through over $2m a month.

dividendhero

Scarpacci wrote: »

RM2 International, a company which Woodford owns 60% of, lost three quarters of its stock-market value today on concerns it will not be able to secure more funding. The company is burning through over $2m a month.

OMG it gets worse by the day, RM2 International is also likely to be suspended from the AIM market on July 1st :eek:

Is Woodford's name on some kind of "sucker list"???