Member Info for Spikeyj

for some reason admin deleted posts from earlier about this. lemonhead, why does the size of the fund matter so much in your view? i can see why it would if wpct was trying to trade in and out of illiquid small caps frequently, or if wpct was running out of companies to invest in that met its criteria, but neither seems to be remotely true, if one believes woodford blog & updates. it's not a trust that trades often, and woodford is very clear that they are actually very interested in large range of opportunities still out there to put money in, hence thinking of raising new money.

.. no-one should be desperate enough to get in bed with quob.

patience can pay

it makes much odds in near term, as news had been widely trailed. longer-term, should increase prospects for some structural shake-up.

volume today.

"Woodford has lost interest in major drug companies" really? - have you seen top holdings in the income fund?

"a quick perusal of the said poster will find that virtually all his posts from 2014 are fawning adoration of eek and his prowess as an investor." ? eh? do you mean me?

easy go

it means that in theory, if a company who has agreed to be a market-maker in this stock is asked to provide a price to deal on, that price should be good for up to that amount of shares. .. means that you should be able to get a sensible price spread, under most market conditions, for a little under £10,000 worth of shares. (for trades over that size, market-maker is not obliged to provide a two-way price, or could just quote v. wide.) in other words, it tells you something about how liquid the market is for this share, how easy to deal.

lol, strange sense of deja vu from sept..

budget may be an issue, e.g. what will osbourne try to gain from taxes on insurance.

that woodford is unloading some into the market from WPCT, as he recently announced intention to sell legal holding from that specific fund (not from his income fund) in order to free up more cash for micro/unquoted companies within wpct.

some nerves re possible premium taxes issues in budget maybe factor.

holding.

thanks for the link. in current market conditions,seems quite nice from my perspective: "In the coming year Legal & General said it anticipates an increase in operation cash generation in the range of 6-7%. Following the results the company recommended a full year dividend of 13.40p per share, up from 11.25p in 2014."

i do hope so. i have a few here, but waiting for some sparkle pls.

i noticed in today's woodford Q&A session, he gave housing market vulnerability as one reason to avoid lloyds, but it doesn't seem to weight on his mind so heavily with purplebricks, tho' also exposed. Q&A: "JONATHON PEART says: Today 7:32 am Do you think Lloyds bank has turned the corner and is now worthy of investment, or are you still negative on this Bank, as you are with others in the sector? Many thanks Reply NEIL WOODFORDMODERATOR says: Today 2:08 pm Hi Jonathon, In general I remain very cautious about the investment attractions of the banking sector. With respect to Lloyds, albeit much improved and arguably more investable than at any stage since the crisis, it is still not sufficiently attractive to warrant a place in the funds. One thing that continues to concern me is the exposure to the UK housing market. Any correction here would shatter the consensual view that its balance sheet is rock solid. Kind regards Neil"

the overall portfolio, but am i the only one uneasy about purplebricks?

and so it continues. some news here, or just the usual up/ down plaything of the algobots?

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