The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Some people just probably annoyed they did not get in at 6 or thereabouts. That said, this is still way under priced to my mind and I am adding again this week. Anything under 6.50 is in my sweet spot range......
Gary Jennison is the real deal. This is the reason I decided to invest here. If there is a buying opportunity below the current level, I'll gab it but let's see. Not convinced, and fully believe this will be above 6.02 tomorrow at close.
Tomorrow is another day and nobody can predict this with certainty. One thing for sure, turbulence provides opportunities........I may double my stake tomorrow if this heads south. Great opportunities for those willing to tolerate the turbulence. The business is still the same it was a week ago. Not lending to the NY makes sense to me and shows a sensible way forward imo.
I have never really understood the idea of a bargain as this is relative....a bit like ratio data. What I will say, I like the approach adopted by the management team which is forward thinking and sensible. I would also think there is a lot going on behind the scenes which we are not fully aware of. Rightly or wrongly, I doubled my holding first thing and later in the day. I thought 6.5 was a bargain but time will tell.
If we are talking about value for money, the life in this discussion board rates as a 10!
I would have thiugh a Biden win is good news for oil prices ST......and be inference good for PMO.
Thotl-Pandemic already factored into oil prices and if is a drop off on Monday it will be unwarranted. If you are a professional oil trader and thought demand would just bounce back when essentially nothing has changed (virus still out there, still no approved vaccine, still no signs of long lasting immunity for those that have caught it) you should give up and go into something less mentally taxing like flower arranging. As I say, any reaction on Monday downwards is unwarranted but a great buying opportunity imo.
Cheap as chips imo and agree with others. Put this away for a while and forget about these shares.
Onwards and upwards imo. Less negativity would be a good thing!