Fallen Angels ?

[Hariseldon58]

A few of my previous holdings are falling in price significantly, are they cheap enough though ?

Blackrock Throgmorton THRG

Edinburg Worldwide EWI

Scottish Mortgage SMT

Smithson SSON

[Parky]

Same question applies to Herald HRI and Monks MNKS, down 35% and 33% respectively on year high. I hold both.

[doug2500]

I hold 3 of the mentioned. I certainly think THRG would be good value now because it's largely UK small and mid cap with a bit of shorting thrown in. There is definitely value in that area now, which is not say it won't get cheaper. But with a long term view.....

[xiox]

What about Bankers? The discount is increasing. It has less US and less tech-heavy weighting than the typical index tracker. The charges are relatively low for an IT.

[XFool]

What about Bankers? The discount is increasing. It has less US and less tech-heavy weighting than the typical index tracker. The charges are relatively low for an IT.

What about anything and everything in the present climate!

But thanks for drawing attention to the discount on Bankers. In fact Bankers have been buying their own shares recently - as have other companies.
Something to look out for?

[BullDog]

I have held Smithson since launch and there's no doubt this year has been truly awful. I hold quite lot of it so I am not buying more. On the other hand, Throgmorton is a new holding for me. I bought some in the 620's, saw it bounce then drop back again so bought some more in the 590's. Who knows where the bottom is? Not me.

I previously had vitually no exposure to the type of investment Throgmorton holds. I will sit and wait for the fashion to change towards these companies again now. Meantime, the normally low yielding Throgmorton has a yield not exactly generous, but worth having at around 2 per cent.

It might be some time yet before the economic weather forecast looks more promising and small/mid cap companies come back into fashion. That's my thinking. But I will be patient.

PS - A current discount around 10 per cent at THRG and SSON certainly looks attractive enough.