Comments on: Baronsmead Venture Trust: My Problem Child

By: ITinvestor

ITinvestor — Mon, 29 Jun 2020 13:40:31 +0000

I’m slightly more minded to hold for now. I still need to transfer these to a cheaper broker to sell and I’m a little hesitant to do that right now as I believe transfer times are longer than usual.

It’s a small position, though, at less than 3%. And I can only sell around half as the rest haven’t reached the 5-year point where you can keep the tax rebate.

By: Howard Goldman

Howard Goldman — Mon, 29 Jun 2020 12:48:35 +0000

Post “Covid” are your intentions to liquidate your holding or keep hold till matters improve

By: ITinvestor

ITinvestor — Mon, 20 Jan 2020 19:50:58 +0000

In reply to Roger Norton.

Hi Roger,

It sounds like a scam to me as well. There is a warning on the Baronsmead website about people receiving similar calls.

http://www.baronsmeadvcts.co.uk/page/138/Scam-Warning.htm

By: Roger Norton

Roger Norton — Mon, 20 Jan 2020 19:45:58 +0000

I was researching Baronsmead VCT on Google today having received a call from the Benson Ward Consultancy in New York touting to buy their shares for an unnamed client who, they said, would pay between £3 & £7 per share.

Apparently they are working their way through the register of shareholders.

I wonder whether you might have heard from them yourself and, like me, think it is almost certainly a scam ? Roger Norton