I suspect trading tomorrow will probably answer this conundrum, but I know there are some far wiser owls than me that contribute to this bb & I would be interested in their opinions.

My question is this: the chart below looks to me like a pullback of the uptrend (ie when it went north through 14.00) however I am unsure as it has now broken down through 14.00 whether this is trending up or down :-(

So what do you think - up or down, or should I just flip a coin :-)) ?

Citigroup reiterates neutral on Man Group, target cut from 230p to 200p.

Numis Sell 182.20 177.70 90.00 90.00 Reiterates

What do you reckon skinny? Zero declared short interest. Maybe investors are keen to take profit having had a really good ride. I still think this is a well run company with a good yield, but maybe worth waiting a while for the next divi declaration, sometime in July.

Harry - I'm certainly in no rush here and will be waiting until the next update - I'm looking to add to some of my infrastructure plays - and am toying with buying back into GLIF - although I'm unsure as to their ability to maintain the current yield until their business changes become clearer.

GLIF is AIM which is a bit worrying for a large investment for the yield. Have you ever looked at MXF? I see you like PEW as well which is only just starting to pay a divi.

I'll have a look at MXF - PEW have been paying dividends for years - which is why I bought them.

Have you looked at SDV - another long term hold for me - and trading at quite a discount to NAV.

NAV _________

Harry - do you mean Medicx Fund ltd (MXF)

Yep, that's the one. Around 7% yield. Sp goes nowhere but seems a good income stock.
(Sorry, saw 'First interim divi' RNS and assumed that was the first divi for PEW).

Thanks - just bought a few - ex-dividend this week.

Blimey! .....Not huge research project then? ;o)

A half hour look around their website.

The premium to NAV is normally a no no for me, but as it seems to have been doing that for some years, plus of course your personal recommendation! :-) so I've bought.




I'd start a thread, but it seems pointless on here.

Well, it looks like it may hit the 200 MA sooner than expected.

Off topic.....Skinny, does your provider allow an 'At limit' trade on MXF or is it only 'At best' please?

Yes, I can place a buy,sell (as I now hold) or stop loss entry.

Thanks. For some reason Equiniti (Selftrade) only offer 'At best' trade, so can't place an order in advance. Some stocks they do, some not. No idea why.

oh dear! Support at..........140p?

Glad I got out, admittedly not as high as I could at 180p but a profit is a profit (ain't that right cyners) .,.

saaaaaarrrrrrrrrrrfffffffffffffffffffffff

hmmmm YUM :-)

Any idea where next guys? Bounce at 140p or........
Not S/B but looking for an entry point.
Next support at.....c120p?