Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.
Went fishing the dry fly on the Eden in the small hours actually, so up long before you hit the geriatric walk known as golf. As for a pint, Oakham's Citra is my favoured tipple, before or after a game :-)
Theosus Oh yeh? and I quote from IB himself "I haven't spent much time in the Lords yet. At the moment I can vote remotely and will be at Westminster more often when things get back to normal especially when they are debating something I know about like sport or the countryside. Not much point if it's a trade deal with Japan. Also another of his famously diplomatic quotes "Australians are as big and empty as their country". That should go down a storm down under :-)
Lloyds moribund share price is the very least of our problems. We’ve got Ian Botham in Australia, sorting out the finer points of the deal for the import of hormone-injected beef. And when it gets here, it’ll be packed up by prisoners on day release then driven to the supermarket in an army truck, a gloriously mad triptych for a nation that’s fully lost it and absolutely isn’t going to regain it in the very long, mad years ahead.
Yes he did and he borrowed a considerable sum of money (£1.3M) from one Aaron Banks to fund his legal case. Having won said case he "disappeared" leaving Bank's out of pocket. Bank's then hired private detectives to track Edmond's down and they found him hiding in New Zealand. Best outcome IMHO would be that they meet up and fight to the death which would at least eliminate one of the irritating cretins.
Featured Investment Trust today (Money Section) is "PREMIER MITON UK MULTICAP INC". Their second biggest holding at 2.2% is K3 Capital. They have grown 228% since 2011 launch and 21.5% in 2021 so far, so no mugs.
"Are all the swampies back knocking UKOG again. You would think by now they would have found something better to do, given all the words of wisdom on UKOG. I thought they said the company would be dead by know, but no, UKOG are back drilling!! Bring it on, we will have a nice few weeks and the bang oil."
21st June: price 0.208 price now 0.13 ( down 37.5%) and still no oil. Some people never learn :-)
I have held since 2013 and always reinvested the dividends I am now up 67.5% over the 8 years which is very nice all round. I wish I could say the same of all the shares in my portfolio with notable exceptions such as PHNX and AZN which have both done very well as LTH's. Current dog of dogs.............VOD mitigated only by my holding in Verizon which came when they went their separate ways.
LTI, yes I had forgotten that the JD Wetherspoon's dining club were regulars here too! We don't appear to have any empty supermarket shelves over here in Valencia, which is more than you can say for my local Tesco's back home, which did not even seem to be able to supply fresh lettuces when I was in last month :-) Oh and yes I am over it and over here!
Rather gave up on this board last March when it seemed full of Covid19 sceptics, rabid Brexiteers and Climate Change deniers. What a difference a year and a half makes eh! Still invested here but a legacy amount. Does not seem to be a whole lot of life in the Black Horse these days or what? Thank god other shares are faring much much better for my portfolio:-)
Immaterial sideshow IMHO just a distraction from ongoing failure. Win or lose makes no odds in the long term only important in so far as a "win" gives another mini spike trading opportunity :-)
"So does this sort of problem happen to Shell, BP ect I'd say yes, so why are many making such a big deal about it??" DOH because if BP or RDSB encounter a duster it is one of hundreds of exploratory drilling sites and they already have a huge volume of oil production. In the case of UKOG it is Turkey or bust ie. an existential threat!