The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Callum, I agree you say its a little under handed. However I take a different point of view. I like the fact that 55% of the shares are effectively out of the market and makes this share harder to short. All depends on your entry price and time horizon. For me I know I can hold this company and sleep well knowing one day they will be in a better pkace. Thats why I added the other day to obtain more rights. I know I mentioned this before but it's the quantitative easing that is the big player in the markets. For an example I've a large weighting in Insurance, it won't be long till inflation starts to go up, 18 months I think till it starts to kick and then these will steadily move higher. Irrelevant of covid
Daves, if you don't cut and run now then really you are forced into taking up your allowance. All depends on your timeframe. Personally stuck these in my SIPP at £1.60 and have bought some more the other day to increase my allowance. Happy to let these sit and wait for the divi to come back many years down the road.
Million, everybody is missing the obvious here, quantitative easing. More money has been printed in the last year than ever before in history. I'm a long term investor and I started piling in back in April when the printing press started. Each month I buy so I cost average. Covid or no Covid I know I will be better off in 5 years time to what I am now unless the printing press stops and then it's time to leave the party.
Uncle well said. Tim does not mention any redundancies reason being I think is because he has large numbers of staff on zero hours contracts. Once the press gets hold of this his picture will be next to Boo Hoo in the papers.
Well Tim mentioned the great Mr Buffet. Maybe he is trying to woo him for some cash to keep going. Somehow I don't think JDW fits Mr Buffets investing criteria.
Tim forget to blame China, everyone else got a mention.