RE:RE:RE:RE:RE:Brompton updates NAV to April 08 @ $12.79EdPaquette wrote:
the commons of every split are in danger. If we start a depression here, they're all dead.
Yes you are correct - commons for all splits are essentially dead, perhaps for as long as year or more. But DGS is still one to keep an eye on. Before this nonsense started LBS was one of the strongest of all the Brompton funds and had started outperforming even DFS (the Quadravest star performer) in NAV.
For many weeks (again, prior to March 1st) mouserman had made much of the restructure that took place in the DGS holdings and the much more diversified nature of DGS holdings. And I agree with him.
If you look at the current NAVS of LBS and DGS you will see that DGS has a slightly better NAV todays and yet the current price of LBS is about $1 higher than that of DGS. Whenever the market turnaround takes place, be it next month or next year, I think DGS is well positioned to become the new star for the Brompton group of funds. I will definitely keep it on my watch list and will invest heavily when the time is right.