Aberforth Smaller Companies Trust Live Discussion

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Ripley94 11 Feb 2017

Re: Disappointing SP performance Mistycreamybib ( acta , sle ) link to "money observer " **

Rhigos 18 Mar 2015

Re: Disappointing SP performance LKH,I do not regret selling ASL but made a big blunder buying VED. Now down 31% on what I paid on 2 Mar, curse Indian tax authorities. Your link has some relevance if Indian tax authority likened to a corrupt sheriff. Wish I waited until today to buy VED It is hard and unusual to be able to make 30% CG in under a month but surprisingly easy to lose 30%.

LK Hyman 02 Mar 2015

Re: Disappointing SP performance Rhigos,"Used proceeds to buy VED"Was that wise, m8? Albanese has a job somewhere in VED, don't he? Giving some spurious sense of solidity to that Indian feller? I remember Albanese when he was in the C suite at RIO, and the feller had an unerring ability to destroy shareholder value at an alarming rate.I hope you don't end up like Chevy Chase in American Vacation after his encounter with the sheriff![link] on the flybridge continues to hold these ASL bad boys (and RIO)

Rhigos 02 Mar 2015

Re: Disappointing SP performance I'm out, sold today at £11. Used proceeds to buy VED which has promptly gone down 1.5% I am very bullish on VED and they have a projected yield of over 7%. Pretty sure I have done the right thing.

Rhigos 21 Feb 2015

Re: Disappointing SP performance If SP gets to around £11, my break-even price, I am going to sell. I am not impressed with their stock selection. I feel I could do better picking my own. About 6 smaller companies would give me enough spread to reduce risk and could avoid a load of dogs that ASL have.

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