Does anyone know why Woodford sold the entire holding in listed VC firm Draper Esprit (Ticker: GROW)? This company would seem to align very well with Woodfords previously stated aims and values, and gives instant exposure to a large stable of promising early stage tech. companies which is managed by folks with a very good track record in VC?
here we go - I would exercise caution using Simply Wall St. only as your ref. I think their tools are good but only as reliable as the data and I'm not sure it is always completely up to date for UK based companies. Also, in my experience, it doesn't always factor in news stories or event-driven price re-ratings. That said, it's discounted cashflow analysis may provide a reasonable estimate but if so, the conclusion that ISAT may be around 20% undervalued would suggest hanging in for coming uplift, would it not?
*Value of oil*...Dear brummell, I find your postings on this board usually very knowledgeable and helpful with respect to the various factors affecting TLW and the oil market in general. Thanks for the link about the coming sulfur restriction also. I am wondering though about this whole business of the sulfur content, the grades of oil and what producers will stand to benefit or otherwise. According to Wikipedia (granted, it is not infallible) …“Shale oil serves best for producing middle-distillates such as kerosene, jet fuel, and diesel fuel. Worldwide demand for these middle distillates, particularly for diesel fuels, increased rapidly in the 1990s and 2000s. However, appropriate refining processes equivalent to hydrocracking can transform shale oil into a lighter-range hydrocarbon (gasoline).â€â€¦ This seems to contradict what you are saying about the US production(?) Is there a contradiction here or am I misinformed and or misunderstanding? Great to hear any opinions on this…
Selling today looks overdone. Bought another 100 to average down purchase price to 4.80...just need to be patient here...
Does anyone have any analysis of how material the impact would be on ISAT of Iridium gaining some share of this part of the market?
@ MaX ProfOrdiS: tks for the link ... was wondering about the precipitous dive in ISAT sp this AM...still, Iridium's service won't come on stream until 2020 according to that article and I'm sure there will be a lot of regulartory hoops to jump through to ensure their service satisfies all requirements. Gives ISAT plenty of time to mitigate and for their other activity in the area of in-flight wi-fi to gain traction and revenues.
Fair value: does anyone on here have a view as to current fair value for TLW? Trying to decide whether to lock in some profits at this stage. Any views appreciated...
Nay-sayers and short-termists thin on the ground now... TLW is looking stronger by the day...cheers to rational analysis, patience and a bit of help from OPEC
