Member Info for Winski

Been a long time holder here, and whilst its never bad to take a profit, I always regretted selling a reasonable sized part of my holdings when the share price was £1.93 (I missed the dividend). Good updates these last 12 mths and cladding issues accounted for so definitely on my target list to top up ideally less £1.93 / share. BTR is only getting stronger, I don't thing the government want people to own, means they still need to work to pay the rent. Servicing and maintenance side Fresh offers great cashflow.

I sold first thing before the WFT confirmation, gutted, the prices went up nearly 2% but back down today, so small profit to buy back in which was always the intention. I think going forward though I will start to keep a trailing stop loss of say 5%.

I read a lot of capitulation and acceptance of a WFT, some quoting nearly doubling share price over last 2 years. However, the majority are long term shareholders and the share price is still lower than it was pre pandemic and 5 years ago plus the dividend was reduced for a considerable time during this period. I do not recollect calls for shell share holders to receive tax rebate based on no profits and loss of share price value over the previous few years, yet the share holder still stand the risk. (who can forget BP and Deepwater Horizon disaster). IMHO a WFT based on the current scenario is legalised theft. Phew feel better getting that off my chest, however, I accept no one care and we will get screwed :-)

https://assets.pershingsquareholdings.com/2022/03/29140526/Pershing-Square-Holdings-Ltd.-2021-Annual-Report.pdf

https://www.ft.com/content/7c294c5d-44e7-41fd-8af5-42f4fa3567fd

oh goody .....A little dry spell today :-)

looks like this is set for another bib drop, Tenecent shares tanked today, following record fine by Chinese regulators for money laundering breaches

https://dailybusinessgroup.co.uk/2021/12/watkin-jones-in-btr-and-student-homes-deal/?ocid=msedgdhp

I trimmed my holdings back here after last years Divi, boy do I feel a Divi......oh well onward and upwards. Still in the game and the remainder climbing nicely with a healthy dividend in the pipeline. HNY

Wjg can't be far off qualifying fro the 350 or maybe 250 indexes, which would give the shares a lift. Anyone any idea when or if likely to meet criteria soon.

I took the plunge a few months back and took 50% of my lloyds shares and invested in PSH.....now 17%+ up, and I see as a very long term holding. Followed these boards for years, if I had a Pound everytime someone wrote 60p coming next month.....£1 by Christmas....I'd be doing a lot better than the actual lloyds shares. True, if you're a trader as opposed to an investor or only invested post pandemic, lloyds has probably been a dream. I'll wait for the inevitable interest rate rise and return div to bolster the share price in the next few months (i hope)....then bye bye

forgot link
https://www.youtube.com/watch?v=Ajzywjf7D1w

@8.50.....Bill Ackman interview covers the fees of the PSH retail offering against his private family run funds.....complicated....certainly beyond the interviewer :-) but works for me ....feel a top up coming on

https://www.youtube.com/watch?v=BpeHWiRuu2k

Great presentation / insight into how lucky PSH shareholders got by this deal not being able to complete within the PSTH.

Not the only one.... I have a n average of 61p.....although that includes past divs reinvested.... So about 55p break even.... Sucks but the overall portfolio OK and I think lloyds will start to return a decent div going forward which will start to reflect in a returning SP.

https://www.investmentweek.co.uk/news/4038923/scottish-investment-trust-proposes-merger-jpmorgan-trust

Scin trades at a 10%discount, JPM fund at a premium.... Nice uplift underway.

Looks like the message is getting out there. Buy now while there is still a large discount.
PSH hold some great investments and making me smile at present. from a UK retail investors point of view the way costs are covered on the likes of Hargreaves Lansdown will put a lot of people off and therefore stifle demand. it states costs/charges of over 11%. which while true last year, is in fact 1.5% reg fee and the rest is performance related. Unless people dig deeper may over look this trust which gives access to some fab businesses.

I first bought Shell and BP individual shares outside funds about 6yrs ago. She’ll were £13.91 a share and with top ups and reinvested divs over the years my average is £15.79…..so hallelujah I’m back in profit……but I simple see these as a hedge against increasing fuel and heating costs….hopefully with a bit left over for me ;-)

Hi Rickyl,
I tend to be more of a voyeur on these boards but occasionally pick up some interesting stuff.
Reading your posts, like you I have a bit of skin in the game here (for me anyway), I think this trust could fly with a bit of positive news and performance. With assets of 9 billion and NAV of 7 billion, I’d say it’s a pretty big discount at present and Ackman has stated in his reports he wants to reduce it. There’s also some court case going on in America challenging the legitimacy of the PTSH spac (10% holding in PSH) which will distract from performance for a while, but I agree, some very good underlying investments, for me it’s a long term holding.

Nice bit of movement, hopefully the last 12 mths patience and buying on dips will start to pay off. UMG and Pershings 10% expected to be valued at around 18.50 euros a share as start, currently circa 25euros considerably raising the market capitalisation from 33.5 billion euros to the 44 billion region.

Fair play, I’ve been holding these for 5+ years and bought the odd dip but still sitting at 10% down after divs re-invested….not a great advert for the LTI.