SOL 0.98% $32.97 washington h soul pattinson & company limited

Not as difficult as I first thought. Many have disappeared and...

  1. 4,503 Posts.
    lightbulb Created with Sketch. 174
    Not as difficult as I first thought. Many have disappeared and only a few are large - The difficulty was Copperchem - now it seems to lose around $3,4 million each half. You have to take a view on it but its not material. At times it had a really bad set of results. Recently its been a bit better and more stable. AMP controls I took a conservative view of it - only really get details at year end - in fact I am not sure whether I have adjusted it for about 18 months. Really they give you a directors valuation as well which if you get uncomfortable seems conservative - It the scheme of things the unlisted are not material to the valuation...

    Its a worthwhile process as you get a feel for owning the underlying investments versus the heads.

    It changed my view and I started buying SOL and BKW as often at times the share I was interested in was and formed a large part of the share price. This has saved me from firstly the NHC plunge and recently the TPG drop. Personally I think it does exactly as I want the cycles seem to roll and at times each of the 3 main arms grow in importance and then wane.

    I now only own small numbers of the underlying equites - more to make sure I see their news when it happens.

    Its a strategy that I will continue to use.
 
watchlist Created with Sketch. Add SOL (ASX) to my watchlist
(20min delay)
Last
$32.97
Change
0.320(0.98%)
Mkt cap ! $12.41B
Open High Low Value Volume
$32.80 $33.10 $32.65 $7.381M 224.3K

Buyers (Bids)

No. Vol. Price($)
2 737 $32.96
 

Sellers (Offers)

Price($) Vol. No.
$33.06 1016 2
View Market Depth
Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
SOL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.