AyG
Crazy Mango Extraordinaire
Posts: 5,871
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Post by AyG on Jul 17, 2018 19:18:31 GMT 7
I believe Obergruppenführer (aka Moderator) rgs2001uk holds and has held Alliance Trust for some time now. Personally it's never appealed to me following years of dire management. However, things seem to be turning around. From Morningstar this week:
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Post by rgs2001uk on Jul 17, 2018 20:55:09 GMT 7
![LOL](//storage.proboards.com/6207754/images/7WqwXnsEcase2oKDoa3y.png) , nice one, yes I will admit at one time AT, composed about 40% of my protfolio. As has been mentioned on here before if at the time I had been in the UK, I would have offloaded the lot, this lot have been underperfoming for a while. I believe the worst thing they ever did was appoint that horrible garret cox woman, her Aberdeen performance didnt exactly give me a knee trembler in anticiaption. Not so long ago didnt some venture capitalist vultures try and buy it out? I am actually in the process of offloading all my holdings, I reduced them by 25% earlier this year, and by the end of the year, the lot will be gone. AT was one of those ITs I bought into years ago, and just let the divis be reinvested, first bought them about 30 years ago, and stopped paying into them in about 2001. Funnily enough, not so long back my stockbroker was bought out, reminds me of when those bastids at Barclays Wealth Management bought out companies years ago as nothing but a front to sell their incestous products. Thanks for the link, have had my eyes on this for a while now. Just remember dear investors, past performance is no indicator of future performance.
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