Member Info for ALiverpoolgent

Good morning PatShare. Yes, matters are a bit quiet. Sometimes making money is like that. The assets are there and they're worth than the share price. At some point I hope (I almost wrote expect!) to make a profit that makes the time and trouble worthwhile. I stick with my point, that I think I've already made, that DBAY are interested in making money for themselves. All I want to do is follow them and let them make me some money on the way. That's why I recently backed the board. That's not to say that if they had to return some capital to shareholders, because of the recent agitation, I'd mind. Far from it. On balance though I think I'd rather let them get on with growing the company. Others, perhaps with a shorter investment horizon, may take another view.

Regarding sh*t, very few posters, including myself, will never have bought a bag of it. It is part of learing about investment. I've been investing for a very long time now. Usually, the longer you are an invester the smarter you get and the less sh*t you buy. It's fundamentally all about making more than you lose. Time for my morning coffee. Fingers crossed for a bit of action here. ALgent.

Afternoon all. I suspect a Trump win will see a fall in the JCGI share price. However, a retest of recent lows would tempt me in to buy more. I agree, good long term value here. A market to be invested in. Maybe, over time, trade in and out, but never be wholly out. That's my long term plan. Good luck to all. Fingers crossed too for a budget that doesn't clobber investors!. ALgent.

Good morning Slownsteady (and all). I agree with you. Not a time to sell at all. Keep your eye on China and buy on any big dips. It's a market offering good (maybe substantial) long term value in my opinion. Ah nearly time for lunch! ALgent

Good afternoon Slownsteady. You may care to have a look at Ashmore Group where I am invested. It's suffering a bit now for sure but looks very strong. It bounced a bit last week. It will follow the China/Far East economy for sure. ALgent.

Good morning Slownsteady. You timed the matter very well indeed. Well done. My loss is much diminished. A strong hold. It still trades at a discount of 10% I see. Fingers crossed the share price goes a lot higher. I agree on the politics which could get nasty and muck matters up for us. ALgent.

Good afternoon fellow investors. A payout would be very welcome. I hope all are now in the money. It's a pain when you're below water as I well know! Some big trades today with one for 250,000 earlier. That puts my, rather more modest holding, in the shade! And the weather is lovely as well. Is anyone interested in other asset rich companies trading at big discounts? ALgent.

Afternoon to all. I sold what I bought on Monday. A profit made I'm pleased to say. I am still invested here though and see it as a hold. I thought a bit more cash at the moment may be wise. Hence the sale.

Can anyone advise on other listed companies/investment trusts in a similar position to JEMA? I'm interested in casting my eye over other situations. Enjoy the rest of the day. ALgent.

Good afternoon all. Another blow to our investment! Not I suspect fatal. I bought a few more a short while ago. I'm looking forward to a profit at some, hopefully not too distant, point. ALgent.

Afternoon all. Further to mine of 27th April I've just started adding to this holding again. I've a big loss here which annoys me a lot. For sure this market is not expensive and may well turn quickly. I'll not sell at all as I can afford not to. I'm lucky to say that and appreciate others cannot. I've been in similar situations before. I've been investing for a very long time. Japan springs to mind. I bought for ages before realising a big profit. Hold on. Do not get downhearted. This is one of the world's big markets and it will turn. It would be odd if it didn't. Sometimes you must endure patience. Good luck to all. ALgent.

Afternoon all. Yes, an interesting development. This appears to be Richard Griffiths stirring things up a bit. I'd quite like a return of some capital. However, I was also looking forward to seeing what LDG would do going forward. I rather thought DBAY would enrich themselves and me a bit. Is this a case of biter bit. I was mulling over buying a few more recently but decided not to. Another mistake. Not a share to sell. Time for afternoon tea I see. ALgent.

Evening laallee. I'm down about 7 or 8%. I've no worries (at the moment!). If the market falls out of bed again I'd be tempted to buy again. Would you? ALgent.

Evening Oldnbald. I share your view on BA. However, for all we know, he may well be very on the ball as far as the PSH portfolio is concerned. This is an unknown element in the investment case. PSCM has an investment team and I assume they are on top of things? Especially any hedges.

I would not be at all surprised if hedges were indeed in place to make PSH, and therefore the shareholders, some money. Indeed, I'd expect it and some will be a waste of money but more will make money. Hedges look to make more than they lose. PSCM is no exception. It's the very essence of investment to me.

I wouldn't argue with you too much about it being high conviction with a few bets on the side though the holdings do look safe enough there being nothing too risky therein for me.

I really just look at the record and the value on offer. There is enough there for me to buy the shares. What else can one do?

ALgent.

Afternoon all. At such a discount I'm still a buyer and bought a few more today. To me this is an undervalued IT? I'm also buying its record which is excellent. Time for lunch. ALgent.

Afternoon PSH watchers. It's rather a turbulent day. I have purchased a few more in the turmoil. The selling and buying, from what I can detect, all looks to be small scale. I'm unsure if that's a good or bad sign? I'm happy to buy at such a discount to NAV. It's been rather a poor week or so for BA and his colleagues. Hopefully, they will redeem themselves with the revamped PSUS and the SPARC vehicle. Have any of you bought or sold today? I would be interested in your thinking. It is a curious investment. ALgent.

Hello Investorblog. I have quite a few shares myself and am hoping it continues to do well. I am considering making a direct purchase of some shares in Howard Hughes Corp one of the PSH shareholdings. I note near 40% is owned by PS including PSH. PSH has actually, last year I think, increased its stake in HH. Have you or any other posters cast your eyes over HH? Any comments thereon would be welcome. It does look good value to me. It is very shortly to demerge some of its interests which may lead to a rerating. ALgent.

Afternoon posters. That's the top and bottom of it. So long as the performance is there are we bothered about the discount or indeed the fees? I can't say I am. A slightly higher dividend may help? I'm not a fan of share buybacks.

It will be very interesting to see just what assets are acquired by PSUS and if they are indeed similar (the same?) as what are in the PSH porfolio. PSUS will be a bigger outfit with it looking to raise $25bn against PSH at c$7bn.

I am doubtful that UK buyers will be able to take part in the IPO. I do, though, intend to buy as soon as possible. I understand I can put an order in during the stabilisation period but am not too clear on the point yet. Any help with that would be appreciated.

I'm rather more interested in the SPARC vehicle about which nothing has been heard as far as I know for a while. Perhaps PSCM want to get the IPO away first, whenever that will be of course.

I do find the above most interesting. Hopefully, profitable as well! Time for afternoon tea. ALgent.

Morning all. If the half-year accounts are anything to go by the shares are very good value if not cheap. I bought some more yesterday. There looks to be plently of buyers at this level. ALgent.

Morning barchid. I agree. I've been building a holding for a while now. On the assumption that we are shortly to get a bit more growth in the economy then they look very good value indeed. The long term record is excellent. I'm also buying into RMMC which, for a similar reason, will motor as well. Definately, the small and micro comanies are places to be deploying some cash right now. I'd be interested in hearing from others about other investment trusts/companies that offer good value. Such a lovely day as well. ALgent.

Good morning Rickyl. I think you're quite right. I misread it! Thanks for correcting me. Sorry for misreading you Oldnbald. I note that the PSUS IPO document is with the SEC but is not the final version - much numerical material is omitted. ALgent.

Good afternoon Oldnbald. I picked it up on Bloomberg late last week I think it was but it has been reported elsewhere. In brief, it will be a closed end fund called Pershing Square USA (PSUS). It aims to raise $25bn. The shares at IPO will be $50US each. Minimum application is 100 shares. As far as I am aware the offer documentation is not yet available.

I'm not too sure what to make of your final comment. If you consider I'm 'bashing' you then I much regret that. It is not my intention to cause any offence at all to you. ALgent.