ValueHurts

Buyer at point of maximum pessimism. Not investment advice. Personal positions discussed are from my highest risk PA.

[ValueHurts @valuehurts]

@CasinoCapital @Finumus1 @HLInvest @ii_couk @ajbell @freetrade @Revolut @IGcom Probably a lot of scaling back going to happen but the oligarchs do need exit liquidity.

[ValueHurts @valuehurts]

@hann58445 He is definitely focused on tobacco and shareholder returns. Was demonstrated recently by stopping their vapes in the US. Imperial as a company are generally the least excited about NGP, probably stems from previous CEOs priorities and strategy that was so successful.

[ValueHurts @valuehurts]

Sold out of my Thungela position and topped up Imperial brands. My coal position is now all in Glencore. $IMB.L looking very attractive at this valuation imnsho

[ValueHurts @valuehurts]

@teto8k What’s the issue with oil?

[ValueHurts @valuehurts]

It’s actually a bit harder than everyone thinks so he might just being straight. If the returns are higher from issuing equity and using the cash for investments it can be quite sensible. If they issued expensive equity and used the funds to make cheap acquisitions that would be sensible. Currently MSFT doesn’t look expensive and funding data centres looks like a fairly marginal investment so if that was the plan it would likely stunt the long term value

[ValueHurts @valuehurts]

@DrBillCosby Np

[ValueHurts @valuehurts]

$DHR off to a good start also…

[ValueHurts @valuehurts]

I’ll regret this later but sold my $BABA shares and replaced with Danaher $DHR for a 2% portfolio position. Hopefully another forever holding. Hard not to feast on the quality medical device makers here…

[ValueHurts @valuehurts]

@DrBillCosby Well that’s 5 mins of my life gone…

[ValueHurts @valuehurts]

@DrBillCosby At what price did you buy?

[ValueHurts @valuehurts]

@DrBillCosby Please elaborate

[ValueHurts @valuehurts]

@flyingbackbeest @BillBrewsterSCG Both it turns out

[ValueHurts @valuehurts]

@EdwardR02184224 Maybe because it’s in the U.K. maybe money flows into the big names first. Who knows

[ValueHurts @valuehurts]

Good results from Hunting PLC last week. Interesting updates on the organic oil recovery business. Very open about naming partners testing this technology. Exxon and Harbour. Deep sea is continuing to smash it. Some talk about the new acquisition. Also surprising good results from Titan, the fracking equipment business, which finally seems to be turning the corner. Algeria, Argentina and Saudi highlighted as future growth of fracking. To me the business seems to have everything going for it now. Serial acquirer model in small niche businesses, an upsurge in the price of oil and gas, strong balance sheet, buybacks and rising dividend. Moreover a growing presence in defence and aerospace components, especially highly engineered niches. Seems to be in all the right things for today’s world… Looking forward to see how much money we are making in a few years.

https://t.co/YM41zkV6eb

[ValueHurts @valuehurts]

@beezab25 @annabelbrodies Hg Cap looks interesting. Smaller companies trusts still big discounts. Mercantile, European smallers etc

[ValueHurts @valuehurts]

@JaydenUddoman @DanCPhillips @JDJA_FGC @thetimes 75K is nothing. For residential dementia care you are talking £1800 a week minimum U.K. wide.

[ValueHurts @valuehurts]

@JaydenUddoman @DanCPhillips @JDJA_FGC @thetimes Once the money is gone the local authority start picking up the tab anyway.

[ValueHurts @valuehurts]

@JaydenUddoman @DanCPhillips @JDJA_FGC @thetimes So there isn’t any difference between local authority funded care and the majority self funding. It’s only a small percentage that can afford £120,000 a year + for “luxury” care.

[ValueHurts @valuehurts]

Vast majority of care homes are private local authority doesn’t really own any. Unless you can get NHS funding you will need to sell assets including homes to fund care. I went through all of this recently with my mum who owned a small flat. Didn’t qualify for nhs care so they wanted to sell £140k flat. Luckily (or not) she died just after the decision so luckily was able to secure the flat for my disabled sister.

[ValueHurts @valuehurts]

@DanCPhillips @JDJA_FGC @thetimes Ok so the people with council houses who have never bought a property get care free but the people who did buy a home and probably paid more tax over their lives don’t?

[ValueHurts @valuehurts]

@CasinoCapital First underground in the world if I remember rightly…

[ValueHurts @valuehurts]

@DrBillCosby Interesting. I just buy shares but thanks for sharing the info.