Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Great News-only 63p down after 4-5yrs investment in PC with the Great Woodford.
This wheezing donkey of a trust needs putting out of it’s misery-doubling up! Not a chance unless your name is Methusala
Wished I’d never come near this trust-bought in on IPO and apart from a short period initially have sitting on a paper loss ever since, year after year. Woodford has made many,many mistakes over the last few years but buying this was mine.
Now glad I put a good lump in here-was a little concerned it may dip below Ipo but hasn’t & seems to be getting its legs now.
Now glad I put a good lump in here-was a little concerned it may dip below Ipo but hasn’t & seems to be getting its legs now.
Read in the Times recently that any potential renationalisation by the Reds would be a controlling 51%, perhaps this intention of only limited renationalisation is a reason (other than utilities regulator threats), that RMG has not suffered a similar fate as the utilities recently.
Come the next election, this will tank to a fiver with fear of the Reds-Any hint of a snap election over the next year or two will devastate the sp on these utilities-Bought UU when it was just a hint of a possibility of renationalisation, now it is policy- Ian Cowie (Sunday Times finance writer), has just reluctantly sold out of NG specifically because of this risk.
10 years ago there was no combined threat of renationalisation at a value set by Parliament, and likes of Goldman Sachs suggesting possible dividend cuts resulting from regulator review.
Got out today, made good profit selling at £10 but unwisely bought back in £8-£9 and have sold at a loss. Afraid this could languish for years now with regulator and Corbyn threats.
Sold half my holding in this & put it in First State Asia ,10K is too much for an average Joe to have in this risky start up trust imho. Woodford should not have been caught out with Capita, and RM2 in this trust- confidence in him now at an all time low for me.
Double whammy perhaps? Reported in Sat DT that RPC acquisitions have resulted in debt of �1.4 Billion inc pensions, RPC healthily able to pay for this, but any major clampdown on plastic packaging could be a problem. Appears the Carillion effect re overwhelming debt is causing investors to look a little closer at firms.
Been a lot of anti plastic stuff ratcheting up on the media these last couple of months, maybe having some impact in case there are political repercussions?
Bought in at £15.50, 3.5yrs ago and very happy so far-though hoping competition isn't going to hot up on the peek plastic anytime soon,as specialists it is the main reason for their success. If peek goes t**s up for any reason so does Victrex
'the shares have recently derated'- no shit Sherlock.
.......told clients Ofwat could drag earnings down next year, renationalisation from a Dustbyn government, high RPI and high index linked debt could also have a negative effect on earnings.
Looking a safe bet avoiding eating that plastic bottle-nicely closing in on a tenner!