I’m trying to make sense of UK property as part of a long-term financial plan and would appreciate some input from people here.

For context, I’m looking at this purely from an investment / wealth-building perspective, not as a first home purchase.

From what I understand right now, the main challenges seem to be:

* higher mortgage rates compared to a few years ago
* increased entry costs (deposits, stamp duty, etc.)
* tax changes reducing net returns for landlords
* and in many areas, yields that don’t feel particularly strong relative to capital tied up

Because of this, I’m trying to understand whether UK property still makes sense as a core long-term investment strategy compared to other options like equities or simply holding liquidity and waiting for better opportunities.

I’m not trying to time the market or anything like that — more trying to understand how people here are thinking about allocation in the current environment.

Is UK property still considered a strong long-term wealth builder in today’s conditions, or has it shifted more into a “stability / capital preservation” type asset for most investors?

Would really appreciate views from people who’ve been investing through different cycles.

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This a small, growing fitness nutrition company that I'm interested in.

I've only done some light research as of yet, but just wondering if anyone else invests or have used their products; if so, any thoughts?

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How did it go?

Over the past few days I suspected insider trading because a pretty dormant stock I follow and invested in was getting way more volume than usual. 4 days of continued buying at significantly higher rates than usual, then an announcement of a buyout after close on the 4th day. I am considering emailing FCA with the details.

Another stock i'm in just went a bit crazy today despite being basically in a dormant phase waiting for news that will either make or break the company. No official announcement but today it's up more than 30% I want to also report this. Pretty sure we'll see a deal come through today or Monday which will explain this rise and make it clear that it was in fact insider trading.

Has anybody reported based on patterns and seen any legal proceedings take place or anyone be held accountable? I feel like because they're relatively small companies and I don't have much evidence, the FCA will just ignore it anyway. Also... does anybody care? I feel like it's important that market rules are adhered to but I dunno how other people feel about it.

Hiya, does have any UK accessible CLO funds they are aware of / can recommend? I know of TwentyFour Income Fund which looks good, also Fair Oaks, which looks ok but doesnt have the history of TwentyFour.

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Just opened a position in Manchester and London Investment Trust (#MNL) and wanted to see if anyone else has this on their radar or if I'm missing a glaring red flag.

​On paper, the setup looks slightly "too good to be true":

​The Discount: Currently trading at a ~25% discount to NAV (significantly wider than its 12-month average).

​The Yield: They’ve pivoted to a more aggressive distribution policy, now offering an indicative yield of 4%–5% (paid quarterly), which is rare for a pure-play tech growth vehicle.

​Concentration: It’s basically a leveraged bet on the "AI Winners." NVIDIA is a massive chunk of the portfolio (over 40%), supported by names like TSMC, and Microsoft and a recent pivot to the optics companies that run ai dcs.

​The Bull Case:

You’re essentially buying a high-performance tech basket at 75p on the pound. The managers (M&L Capital Management) have significant skin in the game—the Sheppard family owns a huge portion of the shares, so interests are well-aligned with retail. Their research is incredibly niche on the semiconductor supply chain (ASML, Besi, etc.).

​The Bear Case:

It’s a small trust (£450m-ish market cap) and the concentration is extreme. If NVDA or the AI narrative takes a 20% haircut, MNL will feel it twice as hard due to the gearing. Some might also find the active management fee + the distribution from capital model a bit "financial alchemy."

​Is anyone else using this to play the tech sector rather than just holding Polar Capital or Allianz Technology? Is the discount wide enough to compensate for the volatility risk?

Wise has its sanction hearing in London today, 27 April 2026. It's the final binding legal step before its primary listing migrates from the LSE to Nasdaq on 11 May. Most coverage focuses on 11 May -- but the legal decision is today; 11 May is just settlement.

Three things make this more interesting than the standard 'London is broken' framing:

1. The numbers don't fit a distress story.

Wise's 13 April Q4 trading update disclosed financial transactions up 26% YoY to GBP 49.4bn, with active customers up 22% YoY to 11.3 million. Distress signals don't accelerate at 22-26% YoY. So this is a growing company making a deliberate venue choice, not a struggling one fleeing the LSE.

2. The CPO's framing is product-competition, not regulatory.

Nilan Peiris (chief product officer) told Sifted that Wise is preparing products that will put it in closer competition with US fintechs and banks, and that the listing transfer is part of a wider US strategy. That reframes the story -- the move is positioning, not protest. It's also more bearish for the LSE structurally, because if even fast-growing companies are choosing to leave when nothing forces them out, venue itself is the variable.

3. The denominator is small.

UKTN reported on 9 April that the UK IPO market had a muted start to 2026 with just two LSE listings in Q1. So a single high-profile primary-listing exit carries weight against a thin pipeline.

Counter-evidence the LSE pipeline isn't empty: Legal Cheek (18 March) flagged Gymshark, Waterstones and RAC as 2026 UK IPO candidates. Pepperstone (17 February) modelled Stripe and Canva as 2026 IPO watch list -- but as US listing candidates. So the pipeline is bifurcating: consumer brands and legacy assets lean LSE; fintechs and software platforms lean US.

What I'd love community input on:

• For UK retail / institutional investors: does the Peiris framing change how you read this versus prior delistings?
• Is HM Treasury's 6 April entrepreneurship tax-relief package (doubled EIS/VCT, expanded EMI, 3-year UK Listings Relief) plausibly enough to bend the bifurcation, or is it years too late?
• What's the realistic window before we see Stripe / Canva venue announcements?

Sources: Sifted (Wise listing story); UKTN (UK Q1 2026 IPO market); Legal Cheek (UK IPO pipeline); Pepperstone (2026 IPO watch list); Wise Q4 trading update.

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At £2.49, the market is valuing ASOS at just 3.5x FY26E EBITDA Challenged mid-tier fashion e-commerce businesses in 2025 trade at 7 EV/EBITDA, while healthier online retail businesses command 10–16x. The market is pricing in permanent impairment of the business — which the H1 FY26 results are starting to contradict. The tone of the call was the most optimistic I heard in 3 years. The "we are delivering" narrative is repeated too often. When CEOs needs to tell you they're delivering repeatedly, they're pitching to maintain confidence. Calamonte should buy some shares himself instead. The revenue trajectory is still deeply negative, and the company is loss-making on a statutory basis. A more measured tone would build more credibility. Next months I look for:

1. Does the active customer base actually grow? It was 16.5m in H1 FY26. This needs to be at or above 17m at FY26 year-end to validate the turnaround thesis.

2. Does womenswear sustain positive growth through Q3/Q4?

3. Full-year EBITDA — upper or lower half of £150–180m?

4. Free cash flow — does broadly neutral actually mean neutral?

5. AI Studios — does it show up in conversion data?

6. Lichfield warehouse disposal.

The 2028 bond obligation. A well-capitalised bidder (Frasers has significant cash; Bestseller/Povlsen is a billionaire) can refinance this bond at far lower rates — stripping out the 11% coupon and the 120% redemption premium. The annual interest saving alone would be approximately £15–20m .The debt is a problem for standalone ASOS but a value creation opportunity for an acquirer. This is exactly the kind of arbitrage that motivates strategic buyouts. Furthermore, frasers has a strategic interest in Asos to sell his brands and Povlsen sells for 60 million products as a supplier. Frasers and Bestseller face real costs: Ashley is tying up capital in a non-controlling position that generates no synergy value until he achieves control, and Povlsen is paying fees on the Topshop JV and watching his largest e-commerce investment trade at 3.5x EBITDA. The longer the standoff continues, the more pressure builds on one of them to act.

Under the UK Takeover Code, the board's independent directors must opine on any offer. If (did not chedck this) the CEO and CFO have a VCP threshold at £6.70, they have a fiduciary interest in arguing the company is worth more than any bid below that level — and a personal financial interest too.

Debt maturity, the VCP, and the ownership concentration all converge in the 2027–2028 window. Something must resolve. Either the turnaround delivers sufficient free cash flow and refinancing capacity to clear the bond or a bidder moves before the maturity to capture the turnaround value at a discount to intrinsic The risk scenario — turnaround stalls, refinancing fails, forced dilutive equity raise — is the one to size against, and Camelot's continued buying suggests the insider view is that this outcome is not the base case.

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Hi Folks,

Anyone using Interactive Investors?

They have stopped sending the two factor sms message.

Is this a money saving measure at the cost of much reduced security?

It is the only website I know of that has reduced their security requirements.

thanks

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I’m a long term holder of EWI but am baffled about the future of the trust post Saba takeover? Whole thing feels like a mess. Does one hold on and see if there’s any uplift re the Space X position? Or exit now? Anyone have any clarity?

Hi all - I’ve been moving to IBKR but still have my SIPP with HL.

When I place limit orders with IBKR, it breaks down the trade into small lots at different prices. And I can cancel a partial fill and change the order price if the stock price has moved.

However with HL, I get less transparency and it looks like my limit orders have to be 100% filled to go through so either I have to break down larger orders on small caps to smaller orders and the cost adds up or I have to use market orders which I don’t like…

Does this happen to others as well?

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Terry Smith prides his fund for being defensive. In the month of March 26 the Global Equity market lost about 4.5% and meanwhile his fund is down nearly 10%.

It looks like we are heading for 6 straight years of market underperformance (with 2 coming even when the overall stock market losing money).

Does anyone else here use the FT's Portfolio Tracker ? I've recently discovered that it's included in a regular online membership and has very good ISIN coverage. Room for improvement but, following research on this sub, I've struggled to find any good low cost aggregators (even without automated integrations with brokerages, probably a long way off).

I have some confusions around how it handles cashflows. I wonder if anyone else has experienced and surmounted this, or if it's a lost cause and I should not invest my time.

Here you go:

Title: IMC Exploration just confirmed first gold production out of Armenia and I genuinely think most people are sleeping on this

Body:

So I woke up this morning and saw the IMC Exploration (LSE: IMC) half yearly report dropped and honestly I had to read it twice because this is the news holders have been waiting on for two years.

Gold production has actually started. Not "we are close to production" or "we expect production soon" type language. Actually started. First extraction happened 26th March 2026 and produced 218.2 grams of gold. The next batch is scheduled for TODAY 31st March. This is real and it is happening right now.

For context on why this is such a big deal, IMC owns the Karaberd gold mine in Armenia through their subsidiary Assat. They have been sitting on around 18,000 tonnes of stockpiled ore for the last two years because the only refinery available to them was Russian owned and sanctions blocked them from using it. That bottleneck is now fully resolved.

They have signed a contract with Meghradzor Gold to process a minimum of 4,000 tonnes of ore per month. The ore gets crushed at Assats own facility and concentrated up to 17 grams per tonne before being transported to the Masis plant which is now fully upgraded and operational. IMC have their own team on site 24 hours a day 7 days a week during processing. This is not passive. They are running this operation hands on.

On top of this the Karaberd mining licence has just been renewed all the way to 2035 which removes a huge uncertainty that was hanging over the company.

And then there is the Irish side of the story which I think is almost completely overlooked. Their Wexford gold results are now showing characteristics comparable to the Curraghinalt deposit in Northern Ireland which is a 6 million ounce gold resource. China National Geological and Mining Company have already visited their Avoca site. That alone in a different market environment would be its own headline.

Yes the company is still loss making and cash is tight at £67k. This is a small cap early stage miner, nobody should be pretending otherwise. But the operational milestone that the entire investment case rested on has just been confirmed in an RNS this morning.

Gold is at record highs. The EU Critical Raw Materials Act is live. Armenia just signed a historic peace deal with Azerbaijan in August 2025 which opens up the entire region economically. The timing of IMC finally getting into production could not really be better.

I have been following this one for a while and this mornings report is the first time it feels like the story is genuinely turning from promise into delivery.

Would love to hear from anyone else who has been watching $IMC or who knows the Armenian mining space well. What is your take on the production ramp from here?

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I bought shares off this company years ago which turned out to be a scam. Does this SEC ruling mean I can apply for compensation and how would I go about that considering I'm not a US resident?

https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26077

P.S. Reposting here as this was deleted as off topic for r/Scams

My in-laws set up trusts for my children. My first child has just turned 18. I want him to open a S&S ISA and S&S LISA with money box and T212 and withdraw £20k from SJP this financial year and a further £20k in April. in order to maximise the £1k government contribution PA.

The advisor at St James Place thinks this is a bad idea as the markets are low.

What am I missing? What difference would it make to sell and buy high or low. As long as my child is buying low what difference will it make to wait for markets to improve?

Any thoughts would be appreciated