Re: The Manager devonplayI happen to believe Bruce Stout is a good fund manager with a good grasp on fundamental investment. I would be very happy to see this drop further so that I can add to my current holding.F1
Re: The Manager Pride..fall..emperor...clothes. Usual thing when managers believe their own publicity. MYI peaked when they suggested that they take over the management of Alliance. Check the price movements of the two over the last year. Perhaps Alliance should take over management of MYI?
Re: The Manager A statement of the obvious, but MYI is underpinned to some degree by its yield.
Re: The Manager Strangely its the under performance that attracts me to MYI and TMPL. The latter being one I'm interested in buying more of...if it falls further.DL
Re: The Manager The SP has certainly stalled recently and is well down on past peaks.On that view I would think anyone showing a profit should get out.
The Manager Just read his commentaries in the annual report and March factsheet. Blaming everybody but himself for the underperformance of MYI over the last 5 years. If he believes his own rhetoric, all the holdings should be converted to cash to await happier times. But then he would not be able to pay himself such fancy fees.
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Re: NAV Thank you, i don,t hold but was thinking about an in at about this price but that was before everything started t
Re: NAV If Trustnet is to go by, it gives yesterday's price as 1021 at a premium of 9.9% to NAV. This means they take NAV excluding income as the guide. I disagree with this and believe NAV should include the income. Debt calculation seems to have minor impact.
NAV Advise pleaseMurray report there NAV under four headings, which one should or is tradittionally used to compare the discount or premium to current pric