DOWNING ONE VCT PLC (DDV1)

DOWNING ONE VCT PLC (DDV1)

Blog posts

Victoria and Downing One VCT Annual Reports, and Rio Tinto Mea Culpa

With it being all quiet on the financial front, with a lot of people on holiday, I had the time to read a couple of Annual Reports over the weekend. First came Victoria (VCP), a producer of flooring products (carpets and tiles) in which I have a relatively small holding. Chairman Geoff Wilding always has some interesting things to say and their Annual Report is an exemplary model of shareholder enlightenment. He commences with this statement: “There is an old Yiddish adage ...

City of London IT, Equals Interims, Paypoint CEO, Downing One VCT and Parliamentary Pandemonium

Having been away on holiday in the North of England last week, this is a catch up on news that impacted my portfolio. I received the Annual Report for...

Markets in Freefall, Chinese shares and VCT Issues

While the world seems to be collapsing around us - with sharp falls in the price of most commodities including the critical ones of oil and gold - this writer took the time to attend the Annual General Meeting of Downing ONE VCT this morning. Forget also the fact that the Chinese stock market plummeted yesterday. The more I read about the dynamics of that market the more it looks similar to the US market in the 1920s where manipulation was ...

AGM Reports

Downing ONE VCT (DDV1) AGM Report 2015

Downing ONE VCT Plc held its Annual General Meeting on the 27th July on the Horseferry Road in London in Downing's offices. Downing manage the fund of this Venture Capital Trust. It was the second VCT AGM I have attended since the Budget rule changes that affect VCTs and there was a lengthy discussion of that subject which you may find particularly interesting. There were only 4 ordinary shareholders present but they all asked questions - but that's not a good ...