Arborbridge wrote:Dod101 wrote:For value to come good (in the UK anyway) it would need a sea change and I see no evidence of that. Many of the FTSE100 shares are bombed out and show no signs of recovery. Temple Bar is still at about a 14% discount to NAV and NAV in this case is the value of the shares of its holdings. Many of the underlying companies are probably themselves selling at well below their enterprise value. Even after the rises in the last two days or so most shares are well below where they are at the beginning of March I think. Before anyone challenges that I have only tested a few!
Contrast that with Baillie Gifford China which is standing at a premium to NAV of around 20% to NAV and they are selling shares in to the market from treasury every day.
Seems like you've made a good case for buying more TMPL
You could be right but I simply lost patience.