Member Info for Ubik_Fresh

Woodford comparisons are getting a little tired. Please go elsewhere with this nonsense.

My father worked at Provident, the shares I own I inherited. Have an even split between Vanq and IPF currently, not massive amounts of money but that divi at IPF is very healthy and they appear to be growing consistently year on year.

Still very pained I didn't sell out 10 years ago, lost track of the investment and subsequently saw value drop massively. Of course, I'd like to see it tick up before selling, but you have to just crystalise the loss at some point. I do wonder if there's a bullish case for Vanq still or if it's just doomed to failure.

I keep getting tempted to sell out of Vanquis and dump the money into IPF. The SP is relatively stable withing a defined range and the divi yield is currently excellent. I keep hoping for recovery but the SP has only gone down. Might be time to cut my losses, but this seems like the worst possible time to do so. So, I continue to wait.

I believe Motley Fool had strong ties to Mr Goxx, the cryptocurrency-trading hamster. (RIP)

Motley Fool now recommending buying into SMT. LOL. I put very little stock in their article but nice to see maybe sentiment is changing and this SP is seen as bargain basement territory.

https://www.fool.co.uk/2023/05/07/why-ive-just-invested-1000-in-scottish-mortgage-shares/

I think the next round of rate hikes are the last, perhaps being maintained until later this year whilst we see the lagging indicators like margins being impacted, unemployment / labour market catch up, spending, etc. Potential inflation reduction by end of year, followed by cuts. But so hard to predict everything when you also have other macro factors like Uktraine and China / Taiwan.

@CaptainPicard, my thoughts too. When you see that consistent drop, first instinct is to get out, but equally, this is the best time to buy if you have risk appetite and a little faith. I sometimes struggle in the 'buy and hold' department. I am going to set a hard cut off point in terms of when i stop my monthly buy on this one, in terms of allocation in my portfolio.

I just moved a chunk of cash from equity into a Lyxor Index Fund SICAV (CSH2) money market fund for some secure 5%ish growth whilst we are in this risk-off kind of environment.

Any bright sparks here have any thoughts on what might be the bottom for SMT? I know this is like prediciting the weather. I guess some of the big tech earnings this week could swing the markets quite heavily. Fully understand much of the fund components are out of favour and its a waiting game.

I was in from the £1.10ish mark, but I averaged down heavily to about 30p. I still think it has excellent long term potential if they can get past this bump in the road. No reason this can't see a similar SP to W7L or ELF.

Will keep an eye, as with many AIM stocks, it's a punt.

LOL, my stop loss triggered, I am out for the time being. See where this goes. May buy back in lower.

I have a stop loss set at 60p and quite glad to see it hasn't triggered this morning. Good to see some resistance at that level as I took a bite yesterday after lamenting missing the big dip, which I watched carefully then never acted. Bit of an impulse buy off the back of crazy momentum, but I guess we'll find out over the next 12 months if I'm a fool or not. LOL.

I think IPF is the only one I can think of who are stable and doing well because they are mostly in Poland and Mexico and free of the most of the regulatory madness that made things difficult in the UK. The SP never really does anything spectacular but 8.8% divi yield is pretty fantastic.

The potential for vaccines this bespoke is a really stunning breakthrough.

Ha, same. Hindsight is a *****, almost bought a chunk at 25p and decided against it. Oh well...

Similar to IPF, I am surprised people aren't buying for the dividend. But I appreciate the SP prospects are a consideration, and they seem to be going nowhere right now.

Personally, I wasn't aware of Sainsburys carrying their products.

Only had a quick skim read this morning, glad to see the divi increased. Change in profits underwhelming but appreciate they are pushing the transition to cards / banking. Assume they are still paying off winding up loans, as that's still a loss.

Agree with the good Captain of the Enterprise D here, this whole year is likely to remain volatile.

Disappointing. I would have thought end of tax year would have been an ideal time to sort this all out and get re-listed. However, not much we can do other than wait patiently.