Member Info for laallee

Black kettles matter.

I hope you are still alive. I recall your previous tips for the winner of Eurovision being of the highest calibre, please let me know your thoughts.
We could do with a bit of luck....

Don't hold back Linton, let it out....

This is my top performer over the last couple of years.

I am absolutely "chipper" Spiritefan thank you. I hope all is well with you and yours too.
Stay frosty...

We have had a few "characters" over the years. Bonum being one of them, he saw the light when BPC bought the the Trinidad outfit. I'd bet he had the sense to sell out as soon as the P1 debacle was announced. Some foolishly held on hoping that Eytan could ****ttt gold pellets.

And a bonus for the directors.....

This was always a long term hold for me (5 years) its now looking like a longer term than I expected (10 years?)
Reinvesting the divi in to other shares slightly lessens the pain of my 50% loss.....

Don’t bet against Scottish Mortgage
Scottish Mortgage (SMT), the popular global growth investment trust to which Numis is corporate broker, suffered a painful 34% slump between November and 24 January. While not going quite as far as rival broker Stifel, which last month responded by upgrading the Baillie Gifford flagship to ‘buy’, the Numis analysts say it has ‘generally not paid to bet against Scottish Mortgage in difficult times’.

They point out the £17bn FTSE 100 fund has survived repeated big falls, or ‘drawdowns’, in the 2008 financial crisis and in the last two years of the coronavirus pandemic, but has always bounced back. It remains the best long-term performer in its sector with a stunning 829% total shareholder return over 10 years.

Ewan Lovett-Turner, Numis’ head of investment companies research, today sought to reassure investors worried by the impact of rising interest rates on the highly-rated technology stocks held by Scottish Mortgage, recalling how fund managers James Anderson, Tom Slater and Lawrence Burns did not believe it had been the ultra-low cost of borrowing of the past decade that had boosted the trust’s performance in the past decade. Instead, they argue it has been ‘Moore’s Law’ and the doubling of computer power about every two years that lay behind the varied success of stocks such as Amazon, Tesla, Illumina and ASML.

At 2% below net asset value at yesterday’s close, Scottish Mortgage shares are not as cheap as they were last month when they hit a low 7% discount, having rallied 9% since Burns told investors it was the worst time to sell.

Lovett-Turner said: ‘We still think they can deliver attractive long-term returns.’

Next: Edinburgh Worldwide - time for a rebound?

I'll buy more if it goes under £10
I'd prefer not to buy any more!

I blame the fella whose wife wanted a kitchen so he sold some of his shares, can anyone remember who it was?
Cheers.

I caught a glimpse of Starchild on the 30th of December whilst I was enjoying a fish pie lunch in Langans' Brasserie.
Starchild must get the hang of that dishwasher....more diligence required.
Jmann wasn't any better either, he was on the "door" and he wasn't looking "frosty".
Take care all and lets hope this year brings good things to us all.

ATT OIT MONT JCGI TRG HRI SSIT MMIT PSHP LDIT SSON HGIT FGT
BUT MCRM JMI CLDN HVPE CTY MNKS BGSC EWI WTAN THRG and SMT
SMT is my biggest holding and biggest winner, JCGI is my second biggest holding and biggest lose..
Spreading the risk?

I like to think our managers are doing a little bit of "trading" on our behalf....

https://www.morningstar.co.uk/uk/news/217932/2021s-best--and-worst-performing-trusts.aspx

Yep, it is doing well. Attractive discount too..

He is always full of beans....
It is a shame all he does is fart....

ODYSSEAN INVESTMENT TRUST PLC



Proposal to Strategic Equity Capital plc





The Board of Odyssean Investment Trust plc ("OIT") announces that it has made a proposal to the Board of Strategic Equity Capital plc ("SEC") regarding a combination of SEC and OIT to be effected by way of a section 110 scheme of reconstruction by SEC and a transfer of assets to OIT (the "Transaction"). The combined entity would be managed by Odyssean Capital LLP under the existing OIT investment strategy.



OIT has received letters of intent supporting the Transaction from SEC shareholders representing 32.9 per cent. of the issued share capital of SEC.



The Board believes the combination of OIT and SEC presents a unique opportunity to create a leading investment trust differentiated from the wider UK small cap sector. The combined entity would have a long-term supportive shareholder base, strong shareholder liquidity and discount control mechanisms, a premium rating and greater scale, and this would be of long-term benefit for both sets of shareholders.



The discussions between OIT and SEC are at an early stage and accordingly there can be no certainty that terms of the Transaction can be agreed. A further announcement will be made in due course.

Puts a bit of mud in the waters?

Langans might be good mate. I have not been before.- Mixed reviews on the new Langans? I never pay any attention to what is written in reviews or opinions. I should, it might have saved me a few £100k if I had... I'd like try the Fish Pie!

Fatal,
I can tell you need some understanding company.
Myself and Linton (with possible partners and family) have a tentative plan to meet up late this month.
Please, do not fret over the cost of a pint. Despite BPCs efforts, I am still able to stand a few rounds. Just be pleasant, don't hold grudges and remember- 'tis the season to be jolly.

Leave the rest to me.
Stay frosty.