KBC – This was all going to plan earlier in the year when a proposal for a restructure was launched by Geoff Wilson, where the investment could possibly be realised at NTA. Continue reading “WHERE I STUFFED UP THIS YEAR, PART 2!”
NGE – The proposal to establish a LIC is set for later this month. If they had of gone about this the right way (e.g. combine with some cornerstone investors to double the size paying NTA, detailed presentations highlighting management expenses and investment strategy) perhaps I could have supported this.
Recently I wrote that I had some shorts in the US indices that in part gave me protection to pursue some more compelling opportunities on the long side. Continue reading “Simplifying the portfolio & raising cash. Small market inefficiencies in the LIC space.”
I would have to admit I am quite staggered by the moves we have seen since Brexit. I am not surprised that the market found some support given the initial panic, but to post new highs so quickly together with highs in bonds and in the gold price was a shock to me. Continue reading “Various recent portfolio changes”
HHY – I topped up on some HHY at 10.5 cents recently for a couple of reasons. They have a large investment in CSE which I have written about that should give a good kick to the May NTA when released and probably hasn’t been fully reflected in the stock.
It has been a busy week or so with some news releases for some of my holdings so thought I would write down some thoughts. Continue reading “News on ELD, AIK, SSM, AIQ, KBC, HHY.”