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LIC General Discussion

Discussion in 'Listed Investment Companies (LIC) and Trusts (LIT)' started by austing, 19th Sep, 2016.

  1. Bran

    Bran Member

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    18th Sep, 2016
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    At work

    FAN had a good day yesterday...
     
  2. twisted strategies

    twisted strategies Well-Known Member

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    3rd Nov, 2013
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    QLD
    FAN has had a take-over offer from Freedom Furniture parent ( a South African company )

    since this LIC in particular is strongly tilted towards opportunism , was it bought on straight good value metrics , or a correct suspicion this offer ( or a rival one ) would be made ??

    i was trying to post the new ( released at the end of the day holdings for WAX to show how active they can be .
     
    Bran and Gormie like this.
  3. twisted strategies

    twisted strategies Well-Known Member

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    Location:
    QLD
    i noticed CDM ( a LIC i hold ) is back into holding 30% cash .

    while one LIC won't tilt my decisions very much , a trend of managers holding more cash could slgnal a dip in the near future ... say a group expecting disappointing earnings .

    could be something to watch