Woodford snaps up 29% stake in Zimbabwe investment fund

hope he has more luck with Mugabe and pals than the people of Zimbabwe!

What happens when Mugabe re-nationalises the mines?

It would be interesting to know which fund he has used for this purchase. I doubt that it's either the Income or High Income funds.

Perhaps he has a crystal ball which the rest of us cannot view. Difficult to see

anything but a big risk for whichever fund(s) the investment is placed in.

Not his money is it

He knows a good bet when he sees one and Mugabe will not live forever. The country has a lot of mines only needing a small amount of investment to start producing again. Risky? yes but it is only a £25m stake out of £15Bn portfolio, so relatively small beer.

He has got little wrong in the past. Nice one (on a long view)

MUGABE can not lasy forever but what damage he can do makes this a very riskey punt

Yep, but it is the generals at the back of Mugabe he needs to to worry about.

Without them, Mugabe would have been out a long time ago, but they are still making mone out of the country, hand over fist, and then there are the upcoming generals who want to get their snouts into the troughs.

Agree Mugabe, on his own, is nothing---just a dot on the map of

Zimbabwe !!!!

Beware, Mr Woodford, ----- it is Africa after all----very promising yet

extremely unpredicable like the women folk !!!!

How much will Marawara commit to CSR to rebuild this devasted country? As much as the backhanders that it will surely have to pay to keep its operations going?

I suppose my next question is who is the vendor of the shares fronting for in the regime?

Assurances must have been given for such a large stake, and who are those that are going to quell/smooth over/remove the usual obstacles that have hitherto been thrown up by the regime and would not that be circumventing the embargoes and investments to the country?

Neil Woodford is a shrewd investor and a brilliant stock picker .He normally sidestep

the risky investments and being very cautious has actually lost him performance at times . However one need to look at his overall record of excelent performance

over a longer period as investments are never a short term proposition.

So I for one will back him not 100 but 150%. and I have my pension linked up to his funds .Good luck and hey bravo NEIL :-

Neil Woodford has underperformed over the last 12 - 18 months losing out on the 2009 rally. I hope he is not trying to make up ground by taking more risk. He has said however that "the UK economy is likely to see little or no growth over the next few years".

i invested well earned money and invested £8000 now valued at £7000, not very clever. my other investements pacific and far east 80%.

i sometimes wonder whether i will still be alive to see my money back from mr woodward,

On a more positive note, what will happen when Mugabe slides off the plate?

Greed V's Human Rights. Mugabe = poor human rights. It's your conscience.