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£600K IS BIG IN ANYONES BOOK
Well you never know what will happen in investment. Buford up nearly 30% today which has had a good effect here!
SP down on BUR news.
Why doesnt Woodford just revalue his holding in BUR up by over 350% like he did with IH? Problem solved.
Oh, he cant as its quoted. Never mind there's plenty of other unquoted stocks he could "revalue".
This could go a lot lower than 30p. There’s very little with a sound known value. It’s basically been in free fall for a few weeks and in the last few days the market has turned sharply down too. If the market turns again then it could stabilise but if the markets dropping I’d expect this to go very low
Possibly....
Woodford Investment Management ?
What or who is WIM?
It is no jolly party though.
Sub 40 this week and the possibility of a 30p bottom out, I think the BOD have left it too late to act with WIM.
How ironic that IH's results will be enlightening as it will be the first time their company has generated energy.
What I enjoy the most is that IH appears twice in the top 10 holdings, at 6.74% and 2.97%.
IH Holdings Int - next accounts due to be filed by 30 September 2019. Should be "enlightening"
A certain party is putting assets out of reach?
Susan Searle (Chair)
Scott Brown
Steven Harris
Dame Pamela Louise Makin
Stephen Cohen
These people should be held to account as well as Woodford.
johan-
"New management may wind the company down and pay back share holders over time..."
OK, how would new management sell the holding in IH? What value would you give to IH? See my post below. If you can find a website, address or recent press releases for IH you may be able to estimate the value of that company... or not.
Guys my position is looking to buy since IPO but not tempted enough...yet.
Tobin - good luck and a brave move and I hope it pays of like buffet and the Bank of America. Switch off from these forums as they are all day traders. Don't add any more imho but give it like the of time. Instead buy lindsell Fund (not the trust) and VMVL. Join the forum Citywide Fund Insider.
It amazes me how people in these forums think they can predict the shaprice. The management could be replaced by the new buyer that could cause the shaprice to go up, but equally the bear case is true keeping you locked in for years. New management may wind the company down and pay back share holders over time representing some upside but over time.
Industrial Heat LLC was nearly 6% of WPCT's portfolio as at 30 April 2019. Apparently based in Raleigh, N Carolina.
Can anyone find a website or address for that company?
Any recent press releases regarding development of cold fusion by IH would also be of interest or any news from 2018 before Woodford revalued his holding in IH upwards by 357% in September 2018.
NO even a tea fusion needs to be hot
do you believe in cold fusion?
a lots changed since 25 feb 19 , does not alter the fact many of his investments are worthless, not even N W is prepaired to leave his own money in this WPCT , good luck!
Bought my first WPCT shares at 54p, but much more heavily today at 45p. Interesting my IG account shows most investors there are long (70%). I would have expected majority being short, (you can always buy the shares if you want to go long).
Discounts in ITs dont usually get bigger than this, and usually represent fear. My usual experience is its a time to buy.
Just spent 2 hours watching Warren Buffett interview, probably has influenced me. https://www.youtube.com/watch?v=Pqc56crs56s
Pete, this share is independent of the underlying investments and therefore the Patient Fund will not be "closed" in the way that withdrawals from the Equity Fund are currently suspended
Ah yes, good to see the proceeds of yet another round of investor fleecing !
That Neil Woodford ponzi scheme is going through the roof !!!
Or should that be the floor !
Comments from Link and JPM gives an insight into Woodford for the lack of trust and being devious in communications - suggests he is toast and this trust may have to close as selling off increases.
thank god for Terry smith more than covering my losses here ! DYOR
Will the last one out turn off the light