BUY15 Oct 2018 11:41
Nice to see the shorter's are getting fewer. Beside the fact we do not think shorting with borrowed shares should be allowed, these shorts will run their time and buying in to them with p/e of r 5 and nearly 10% divi makes them look a good investment. CRST is our biggest investment at the moment along with PAF.
We have about 80% of our investments in Investment Trusts and we are adding to trusts that are 40 to 50% off their highs, they do come back in time. Among those that have dropped a lot are JMC, FCSS, AFMC, IGC, PHI, ABII, ALL must rise 40%+ to reach their highs. There are many more.Ts.need to rise 25-40% to get back to their high, Mainly Frontier markets and China. Shares that we are buying are PAF, with their low costs to mine gold and CRST. Both of these will show a big profit when their value is ralised, hopefully!!!. Two cheap I.Ts but a bit of a gambol are FFWD, & ESO who would more than double. We are approaching our 80s and seen all this turmoil many times, but it always gives you a chance to buy cheap. Never buy at the top wait for a collapse.