Member Info for ODONNELL

CURRENT SPREAD IS 10% SELL AT 15Op BUY AT 165p
THE MMs ARE NOT HELPING EITHER.

It appears that the EPE holdings are not available anywhere, with their web site a waste of time.
We have a small holding in the IT but would have been interested in increasing this holding if more information was available (looks impossible to get less information!!!!)
The spread also puts investors off. You have to buy at a very low point to be able to just break even when there is a rise in the SP.
We used to get a list of their holdings, but that has dissapeared. They are not interested in the shareholders, which puts investors off.

At 280s this really looks like a good investment, along with SRE. Property always seems to come up trumps and we have added to our holding in this. SRE will be added to shortly along with WKOF which looks cheap. WPCT keeps us thinking it may be worth adding to. Our biggest holding FFWD is well down and with a NAV of around 12p the 7p price looks a steal as well.

Problem is no one really knows what value to put on these holdings, with everyone against Woodford any thing they own is marked down at the moment. With the NAV at 71p it can be reduced by 40% and still be equal with the SP. We have lost money here and feel Woodford thought he was invincible and may have just bought for the sake of it. This trust may not have been as bad as the other one so it could be worth a further punt. Once the board has sorted things out and they announce what their future investment policy will be it is an unknown quantity until then.In the meantime money that was earmarked for here has gone to WKP and PSDL who were very under priced at 805p and 285p With WKOF earmarked in front of WPCT

FFWD is our largest holding and if it pays off we would do very well thank you. WKOF is our next target to buy at around 140p. If things politically get better it could be well under valued. We are still thinking about WPCT, which may in fact be veryundervalued, but with the way things are with Woodford it is a gamble, but with the NAV at 71p you can devalue the NAV by 40% and still be in pocket.
WKOF is going to be our next investment though

Lets be a bit positive and rename FFWD for what it does

"THE FUTURE INVESTMENT TRUST"

Ah well we tried.

We must be running out of investors who have lost patience with FFWD. Unless really nasty news emerges.
Until there is good news from the companies we invest in and the results when published within the next 4+ weeks are satisfactory, there will not be much movement, regardless of all the information you put on here, which 99.9% of investors do not see and those that do question it.
However any decent news could bring the buyers back in, then the price will rise, even allowing for those who want to get out at their break even mark. As for getting back to the 11p price, that will need good news and a NAV of around 14p, even then it may retreat afterwards if there is nothing to sustain it.
In the meantime we must just to sit back and get involved with something else, preferably not attached to the stock market, to keep our minds busy and not looking at FFWD every few minutes. A watched kettle never boils!!!!!!!!!!!!!!

£1,057.5497 per Ordinary share ON THE 20TH AUG
heading towards a 20% premium, Why pay £1300 for something worth £1057 ?

The shares need at least a 100 for 1 re-rating, at £1300 each they put smaller investors off , when they were were about £2000 we got out. Think the NAV is at a premium of about 10% So why pay more for shares than they are worth. If confidence disappears the NAV could drop to a 10% discount, giving you a 20% loss.

Thank you, We had forgotten rules on aim.

Just looked in but think it is far to late for us!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Is there not a deadline for the Accounts?

Horse trader: You may be correct, and Woodford was only guessing at the potential of some of his later purchases, rather than be patient and only buy those with very good potential. On the other hand perhaps these purchases do have potential which has not been realised yet. To be honest it is all a bit of a gamble , but those he bought recently, was it at a low price? what is their value now? with the SP so low and the estimated NAV is very high there is a range for error, which would at least give us back our investment at 41p. We either get out (which we should have been done when a stock falls 10%) or buy more to even out your average if you feel it is under-priced.
We buy a large range of investments and we know 50% will not be very good or just doddle along, unfortunately we do not know which 50% they are!!! some surprise some disappoint.

Regardless of the 3.4p reduction in NAV it is still about 75% above share price. We are looking to add to this when it has settled,. Possible just under 40p but expect to have to pay just over 40p once the panicking has stopped and the buyers return. We hold a big lump of FFWD another which it's SP is nearly half of its NAV and also adding to that. WPCT has only dropped because Woodfords problems in a separate fund. Once people realise this then it will begin to rise again. buying at this price could show a hefty profit in the end. After all just how low can this go.
Remember, BUY when the blood is running in the gutters and SELL when everyone is clambering to buy when a share is at its top.
PSDL, FFWD, SLS, ASL, WPCT, IIT, TRG, AFMC, along with a gamble in AAM to mention a few (yes we do hold them and buying more) will all hopefully pay dividends in the end, when they rise to their correct price. How many times have we looked at a share at its high and seen it has jumped 50% or more from its low and said "We really should have bought in then" Never buy at the top, buy only when a share is at a low SP and its value is high.

Forgot to say that is us until Friday pm or the weekend.
Keep the faith

IWeb keep saying they cannot get a quote, and to leave an order at your price.
Never had this before

Our humble feeling is that, if a stock has further to go hold it, if it will only gain pro-rata to everything else then sell it, but only if the price is right. If a company is safe and gaining in value, why sell it if you have nothing else to invest in.
SO
Once you sell a stock you must be looking for a home for the returns, in fact you must already know of an investment that would be usefully in the portfolio that you can use the money from a sale to invest in.
Prefer the money to be reinvested in to other new companies rather than dividends / buy backs etc.
FFWD is an I.T. that invests in up and coming firms and you need capital to do that.
We do NOT like the idea of increasing our holdings in our current investments where we already have a large holding. Much prefer a wider portfolio. Do not put your eggs in one basket!!!!
No doubt the Directors are continually looking for new companies to invest in to and will do so when the time is right.
Problem is a lot of investors are losing money on their investment and there for looking to regain their status quo. But you must have patience.
So long as you are happy that the portfolio is undervalued and will not lose its value, by other companies coming up with better ideas etc. then we must have patience and, if possible, add to our holding to reduce the break even point.
It will be inevitable that as the SP rises investors will sell up once they are at break even, which will hold the SP back for a short period of time, but value will be its saving point and it will continue its upwards growth once the market realises this.
Most I.T.s have a SP that is around 10% below NAV. Excluding those people are buying at a premium in an I.T. i.e. Lindsell Train. But why buy an I.T. at a premium when you can purchase the shares they invest in at a lower price?
Buy when the blood is running in the gutter, sell when everyone wants to buy it and the price is high.
So lets be patient and have confidence in the directors. It all comes to those that wait (Subject to your age!!!!!!!!!!!!!!) One of us is just recovering from another bout of illness but have no intention of dying until we realise our profit in FFWD !!!!!!!!!!
Get involved in other stocks or pastimes to take your mind off FFWD. It will be good for you.
Talking of value we are looking at an IT we sold at more than twice its present price a long time ago, but it has always got a political devil around its neck CMB: plus we are looking to add to WPCT once the dust has settled, fell because of the problems with its other IT.
Continue your good work in research but don't let it run your life. We are all here for the same thing and WE ALL know better than everyone else!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Bring back Rhodesia and the British !!!!!!!!!!!!!!

Follow your logic.
We are contemplating coming back in to CMB, once the dust settles.

Anyone with the official NAV
Could not find it in 1/2 yr report, tried calculating but it came out at out 0.003cents. That is what happens when you get near 80
We sold out around £1 a long time ago and are looking to buy back in again

just looked in, seems relentless.
why would you be selling at this price in large vols. unless you know something the rest do not?
This stops others buying big as they also will be thinking why are they selling

We are looking to buy if it goes below 7p to buy

However

We are also looking to increase our investment in Workspace whose share price has dropped a lot, like a number of property companies

SP to Latest NAV is 26% over 4% Dividend
London properties will bounce back as they did after the Brexit election making us a few pennies.
Watching the price with interest from the sick bed

Probably we will split between the two if FFWD does go down.

Overall we are consigning our selves to a loss this year, which means it should be buying time.