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Tyrion Lannister
Posted: 07 June 2018 17:26:51(UTC)

Joined: 03/03/2017(UTC)
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I recently sold both TRG and my holding in the OEIC equivalent of BGS, ie Baillie Gifford Japanese smaller companies. I'd done very well with the latter but was concerned about reports that Japanese GDP is falling.

As for TRG, I no longer saw it as a strategic part of my portfolio and sold to take profits when it started falling a couple of months ago.
1 user thanked Tyrion Lannister for this post.
satish mittal on 08/06/2018(UTC)
Freddy4Skin
Posted: 07 June 2018 17:28:12(UTC)

Joined: 22/04/2014(UTC)
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lynne shaffer;63534 wrote:
I have TRG and BGS in my long term p/f and am not thinking of selling them


ditto, I am a long term holder of both and would buy more BGS but for the premium.
2 users thanked Freddy4Skin for this post.
Sara G on 08/06/2018(UTC), john_r on 12/06/2018(UTC)
chazza
Posted: 07 June 2018 18:17:23(UTC)

Joined: 13/08/2010(UTC)
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I am a long-term holder of TRG. At present discount, I am inclined to buy more rather than sell.
BGS still seems expensive to me. I am a long-term holder of Legg Mason Japan, and, despite a horrendous dip soon after I bought it, it is now showing a return of over 200%.
I am raising cash gradually to meet likely property purchase. Steadily selling IBT (but if cash balance permits, will buy more Polar Cap Biotech), and HANA in tranches of 1000 shares.
I was planning to sell most of my non-ISA shares, but the offer of a mortgage at 1.85% fixed for 5 years seemed too good to miss, so my sell programme will be curtailed. I mean, the just launched AAS CULS are paying 2.5% p.a. for 5 years...
2 users thanked chazza for this post.
Sara G on 07/06/2018(UTC), Andrew Smith 259 on 10/06/2018(UTC)
Sara G
Posted: 08 June 2018 08:08:33(UTC)

Joined: 07/05/2015(UTC)
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Thanks all for reminding me to look again at TRG - discount has widened to over 10% and sp has fallen presumably over the EU / Italian / Spanish jitters - although the largest weightings are to Germany, France and Finland... Have opened a position and will top up via monthly contributions as there is likely to be volatility ahead in terms of Europe worries I would think.
4 users thanked Sara G for this post.
satish mittal on 08/06/2018(UTC), Keith Hilton on 08/06/2018(UTC), Andrew Smith 259 on 10/06/2018(UTC), john_r on 12/06/2018(UTC)
satish mittal
Posted: 08 June 2018 09:20:03(UTC)

Joined: 21/04/2006(UTC)
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Thanks for every one for comments on TRG & BGS.
Mortage at 1.8% fixed for 5 years. I paid 20% 0n 5th April 1980 but variable.
Satish
Mr Helpful
Posted: 08 June 2018 10:32:46(UTC)

Joined: 04/11/2016(UTC)
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Fairly quiet week.

Private Equity
+ Top-up of FPEO
(III and SLPE also held)

Renewables
- Sold out completely UKW. May re-enter later.
Reservations about this sector.
(Still holding TRIG. Candidate for building on any serious weakness.)
1 user thanked Mr Helpful for this post.
john_r on 12/06/2018(UTC)
Jeff Liddiard
Posted: 08 June 2018 12:40:36(UTC)

Joined: 20/01/2012(UTC)
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What is the attraction of TRG? It's done well over 3 and 5 years, but as far as I can see, the last 12 months has only seen growth of about 1.4%? Is it the discount coupled with the possibility of rotation, i.e. out of favour now, good times should return? Thanks.
1 user thanked Jeff Liddiard for this post.
Harry Trout on 08/06/2018(UTC)
Big boy
Posted: 08 June 2018 13:23:45(UTC)

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chazza;63541 wrote:
I am a long-term holder of TRG. At present discount, I am inclined to buy more rather than sell.
BGS still seems expensive to me. I am a long-term holder of Legg Mason Japan, and, despite a horrendous dip soon after I bought it, it is now showing a return of over 200%.
I am raising cash gradually to meet likely property purchase. Steadily selling IBT (but if cash balance permits, will buy more Polar Cap Biotech), and HANA in tranches of 1000 shares.
I was planning to sell most of my non-ISA shares, but the offer of a mortgage at 1.85% fixed for 5 years seemed too good to miss, so my sell programme will be curtailed. I mean, the just launched AAS CULS are paying 2.5% p.a. for 5 years...

Been accumulating HANA on 30% discount but sold all HAN as good premium to A. Been accumulating OCN on good rise in Wilson&Son but not reflected in OCN shareprice. Still retaining OCI even though discount has declined to 24%.

Jeff Liddiard
Posted: 12 June 2018 09:07:19(UTC)

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Bought VEIL today


Vietnam Enterprise Investments Limited

("VEIL" or the "Company")

Share Buy-back Programme

In accordance with the Directors' intention to implement an active discount management policy if they believe it to be in Shareholders' interests as a whole and as a means of correcting any imbalance between the supply of and demand for the Company's Shares, the Company today announces the commencement of a Share buy-back programme (the "Programme"). The Company has appointed Jefferies International Limited to manage the Programme.
5 users thanked Jeff Liddiard for this post.
c brown on 12/06/2018(UTC), martin turner on 12/06/2018(UTC), dyfed on 12/06/2018(UTC), Shetland on 12/06/2018(UTC), Sara G on 12/06/2018(UTC)
john_r
Posted: 12 June 2018 10:35:06(UTC)

Joined: 18/06/2010(UTC)
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Bought EFR today. Currently on around 26% discount and due to wind up later in the year. I was really looking for Lonestar Resources (Nasdaq) but baulked at the 30% spread and instead opted for more EFR (Lonestar makes up around 40% of its holdings). I've kept the stakes modest as it has now become a short term punt.
But surprise surprise, IWEB NO LONGER TRADE THIS TRUST (oh dear not that line again) even though I already hold them in my Iweb account.
Fortunately other brokers are not so condescending and I was able to trade - so sadly I now hold EFR in 2 accounts.
IWeb does seem to be getting a lot of criticism lately - poor research facilities among them. I've now joining the ranks.
1 user thanked john_r for this post.
Sara G on 12/06/2018(UTC)
Jeff Liddiard
Posted: 12 June 2018 13:29:47(UTC)

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Bought more Bango (BGO) today to double-up on my previous holding in ISA. Also bought more for offspring in their ISAs
2 users thanked Jeff Liddiard for this post.
Sara G on 12/06/2018(UTC), dlp6666 on 13/06/2018(UTC)
john_r
Posted: 12 June 2018 14:06:38(UTC)

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Nothing like a cuppa tea and a trade as an interruption to gardening.
Couldn't resist PHTM any longer. This company keeps racking up the profits year by year with healthy margins so I'm banking on them getting over their current setback. Just hope such a large fall recently isn't followed by another one as so often happens.
4 users thanked john_r for this post.
Sara G on 12/06/2018(UTC), Andrew Smith 259 on 17/06/2018(UTC), what me, worry? on 18/06/2018(UTC), c brown on 19/06/2018(UTC)
Peter59
Posted: 12 June 2018 20:49:07(UTC)

Joined: 06/10/2015(UTC)
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Reservations about this sector.
(Still holding TRIG. Candidate for building on any serious weakness.)
Quote:


TRIG is about 5% of total portfolio for me, stable bond-like income which I`m reasonably optimistic about. Price fall? Well, in this age of divesting carbon energy stocks,perhaps less likely but if there is a share price fall, it will be due to a cut in dividend. Similar political risks to the recent turmoil in Infrastructure. I do wish "risk" was addressed more in these forums, and specifically which ones apply.
Tyrion Lannister
Posted: 12 June 2018 22:31:29(UTC)

Joined: 03/03/2017(UTC)
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john_r;63741 wrote:

But surprise surprise, IWEB NO LONGER TRADE THIS TRUST (oh dear not that line again) even though I already hold them in my Iweb account.
Fortunately other brokers are not so condescending and I was able to trade - so sadly I now hold EFR in 2 accounts.
IWeb does seem to be getting a lot of criticism lately - poor research facilities among them. I've now joining the ranks.


It seems HL are just as condescending, they've also stopped trading in EFR.
1 user thanked Tyrion Lannister for this post.
john_r on 15/06/2018(UTC)
Tim D
Posted: 15 June 2018 09:42:09(UTC)

Joined: 07/06/2017(UTC)
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Rolled some accumulated dividends into the income portfolio's HICL holding at 140.6p. (Originally bought in on the 159p offer in March 2017, then added more at 155p in October after infrastructure got beaten up at Labour's party conference)

A bigger move amongst my Big Beasts initiated a couple of days ago: trimmed ~15% off my large L&G UK Index Trust and L&G European Index Trust holdings. Today that should go into L&G Multi-Index 4&5. Another step in the slow and steady process of weaning myself away from nearly 100% equities (yes, I know... I'm probably just diversifying into something which will lose me money slowly rather than quickly). Looks like the timing of being in cash has worked out in my favour for a change this time.
1 user thanked Tim D for this post.
dyfed on 15/06/2018(UTC)
Keith Hilton
Posted: 15 June 2018 10:02:49(UTC)

Joined: 20/08/2010(UTC)
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Bought Playtech (PTEC) @ £7.80. This one has been on my radar for a long time, but I was previously spooked by a large director sell. However, outlook for the company seems to be improving, so seems as good a time as any to get in.

Doubled up @ £7.61. Probably too soon, but initial buy was quite small, as I waited to see how things unfolded today.
4 users thanked Keith Hilton for this post.
Jeff Liddiard on 15/06/2018(UTC), James Wood on 15/06/2018(UTC), Sara G on 15/06/2018(UTC), john_r on 16/06/2018(UTC)
Jeff Liddiard
Posted: 15 June 2018 10:52:35(UTC)

Joined: 20/01/2012(UTC)
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VEIL have made a start on buying back shares.

COMPANY ANNOUNCEMENT

For Immediate Release 15 June 2018

Vietnam Enterprise Investments Limited (the "Company")

TRANSACTION IN OWN SHARES

The Company announces that it has purchased the following number of its ordinary shares of US$0.01 each (the "Shares"):

Date of purchase: 14 June 2018
Number of Shares purchased: 338,652
Highest price paid per Share: 450.00
Lowest price paid per Share: 443.00
Average price paid per Share: 448.38

The Shares repurchased will be held in treasury. Including Shares which have been purchased but not yet settled, the Company holds 1,133,718 Shares in treasury.

Following the above purchase, the total number of Shares in issue is 219,787,028 (excluding Shares held in treasury). This number represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
1 user thanked Jeff Liddiard for this post.
what me, worry? on 18/06/2018(UTC)
dyfed
Posted: 15 June 2018 12:05:55(UTC)

Joined: 01/09/2016(UTC)
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Sold STOB after the Southend bounce as worried about the boardroom row: would buy back in if the opportunity presents once things calm down. I try to hold >10% cash and currently well below this target, so something had to go!
5 users thanked dyfed for this post.
Jeff Liddiard on 15/06/2018(UTC), Mr Helpful on 15/06/2018(UTC), Sara G on 15/06/2018(UTC), Lemanie on 15/06/2018(UTC), what me, worry? on 18/06/2018(UTC)
t s
Posted: 15 June 2018 13:50:29(UTC)

Joined: 03/03/2016(UTC)
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Just tried to buy INPP at iWeb and they 'no longer trade this stock' ? What is going on?

Or company code:
INPP

We no longer allow investment in this stock.
Please read and print or save the Key Information Document (KID)


BUT I can trade HICL
Mr Helpful
Posted: 15 June 2018 15:37:49(UTC)

Joined: 04/11/2016(UTC)
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Some adjustments during this week :-

Trimmed
Stocks UK : VUKE, SCF, CTY
Stocks US : NAIT, BRNA
Stocks Japan : CCJI
Real Estate : HSTN

Added
Gilts : IGLS (don't ask)
Real Estate : SRE
Infrastructure : BT.A (again don't ask)

Essentially (in aggregate) a rotation from Risk/Growth to Defensives/Alts.
If todays' rout continues, might have been timely?
6 users thanked Mr Helpful for this post.
Sara G on 15/06/2018(UTC), satish mittal on 16/06/2018(UTC), Andrew Smith 259 on 17/06/2018(UTC), Tim D on 17/06/2018(UTC), what me, worry? on 18/06/2018(UTC), c brown on 19/06/2018(UTC)
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