Migo Opp Trust Share Price (MIGO)

I agree. Some have too many posts to read and most are not worth reading. I have had MIGO and UIL in the past. My opinion is that one has to be quick and ruthless when it is time to sell. Buy and hold may not be the best strategy.

LSE often surprises me with the shares that get hundreds or even thousands of posts, and then those that get none like MIGO.

For me this is an interesting fund, since the lows of last April it has risen pretty consistently but is still trading at a discount to NAV. Given the consistency of the rise I would have expected it to start to command a premium rather than discount, but maybe those days are suspended if not gone entirely.

Its trust of trusts approach seemed to work pretty well from 2015 - 2017 with 25% ish returns, but has been hardly startling since. The current top 10 holdings seem to underplay US and China recoveries, despite the Global name maybe the management are picking conservatively in home markets.:

Baker Steel Resources Trust 7.4
River & Mercantile UK Micro Cap IC Ltd 5.4
Dunedin Enterprise Investment Trust 5.3
VinaCapital Vietnam Opportunity Fund 5.1
EPE Special Opportunities Ltd 5.0
Alpha Real Trust 4.9
Phoenix Spree Deutschland Ltd 4.3
Atlantis Japan Growth Fund 4.1
Artemis Alpha Trust 3.9
Third Point Investors Ltd 3.6