Member Info for golden5hares

Happy Easter.

http://www.theguardian.com/business/nils-pratley-on-finance/2016/mar/24/next-faces-a-torrid-few-weeks-but-wolfson-has-been-here-before

Another link http://www.digitallook.com/equity/Next

Final ex 7th July 105p paid out 1st August.

Its forecast about four pounds a share http://tools.morningstar.co.uk/uk/stockreport/default.aspx?SecurityToken=0P00007ONZ%5D3%5D0%5DE0WWE$$ALL

Their most negative forecast in the range is - 1% hardly a disaster,they normally come out out the top end so another +5% wouldnt surprise to be honest.

http://www.hl.co.uk/shares/shares-search-results/w/woodford-patient-capital-trust-ord-gbp0.01/company-information click on trust information then bottom of psge click on view factsheet.First page of factsheet at the bottom(download not newspaper)details of performance fees

optimus-Im stuck in next(lol) hot-the only way u can buy wpct is as a share as far as i am aware and ive read in small print 15% performance fee for profit over 1 0%,will dig out info as soon as I get time.

Lord wolfson from last years statement forecasting"a tougher year with plenty to do" Its a similar downbeat forecast every year,under promise and over deliver.

Bought in at 5730p today,I read the report b4 buying eps up 5% sales up 3.9% profit up 5.4%.Next statements in the past have always been downbeat in a kind of underpromise overdeliver strategy.Economic potential headwinds,well its stating the obvious with a referendum on its way.Speaking of which bookies have it 4/9 to stay in so that headwinds going to tail off,english like scots in their referendum arent going to want to to jeopodise their mortgage rates spiking.Nice juicy potential dividend near 7% at this price lovely jubbly. http://www.fool.co.uk/investing/2016/03/24/heres-why-id-sell-vodafone-group-plc-and-buy-next-plc-and-bp-plc/

wpct will look into ,speak to hl about and clarify later.Have switched today from lgen (4%loss) into next 5730p.I think the fall today is way way overdone.Results are good and comments in statement of rough winds ahead or whatever are typical of next annual statements(Ive read them before when buying in)

My understanding is that any profit over 10% incurs a 15% performance charge which seems quite steep.

Sold @837p. Price paid 786p on 11th March

Canes,slipper and tracing paper bog roll .

Seems to go from strength to strength,nice tip/holding by jd7.

Way too much information!

Mentioned 88.5p yesterday now 92.5p.

Cul de sac location and beer belly makes naked trading a no no lol

Definitely not a naked trader his floorboards are too cold.

Cowyed,your posts have raised an extremely valid point about a key fundemental that can be overlooked.Alot of forecast sites like morningstar and digital look give predictions for p/e's ,pegs,eps and div but what they dont mention is forecasts for future debt levels.Pension debt levels for the larger ftse 100 companies dont even bare thinking about they must be huge.Keep posting on here please any more points,views/ideas.