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NSI New Star Investment Trust Plc

116.00
2.00 (1.75%)
Last Updated: 11:00:02
Delayed by 15 minutes
New Star Investment Investors - NSI

New Star Investment Investors - NSI

Share Name Share Symbol Market Stock Type
New Star Investment Trust Plc NSI London Ordinary Share
  Price Change Price Change % Share Price Last Trade
2.00 1.75% 116.00 11:00:02
Open Price Low Price High Price Close Price Previous Close
114.00 114.00 116.00 114.00
more quote information »
Industry Sector
EQUITY INVESTMENT INSTRUMENTS

Top Investor Posts

Top Posts
Posted at 26/9/2021 13:35 by essentialinvestor
Aware there are some very experienced investors here - is there any way
to buy within the large % spread ?- attempted to do so with no joy.
Posted at 18/9/2017 07:37 by jhan66
Morning Specto,
This part is a new addition...
Over the last few years the Company’s share price has been at a significant discount to the Company’s net asset value. The Directors review regularly the level of discount, however given the investor base of the Company, the Board is very restricted in its ability to control the discount to net asset value.
Am I correct in interpreting that the Board are frustrated by a majority shareholder?
Xd 14th Nov. Is increased but still only 0.5% of true nav.
Posted at 15/4/2015 21:33 by coolen
No apparent investor attraction. So could the resultant discount be an IHT wheeze, albeit in due course ?
Posted at 09/8/2013 19:25 by topvest
As I've said all along, they should use this vehicle for something better. It's just marking time, with an extremely poor investment manager and no yield. Either wind it up or do something useful. If they had a remit of not making any money or losing money they would be quite good..but not impressive when most investors are up 20-30% year to date. I'm up 35% and it's not my day job. Rubbish!
Posted at 02/10/2012 21:20 by topvest
Really odd investment strategy at this investment trust; to be honest it's rubbish and most investors with a stroke of common sense could do better. If I was John Duffield and had a personal £25-30m earning nothing for 10 years or so, I would have taken some action. Pretty unbelievable when you have made your living creating Jupiter and New Star and you can't find someone that can invest £50m sensibly.

Then again maybe that was the problem with Jupiter and New Star - to clever for their own good and a general lack of common sense. I can't find one Jupiter vehicle that I would want to invest in. Maybe New Star was the same!

What gets me is the schizophrenic investment behaviour of the manager - 90% in eclectic funds and 10% in very very random equity investments. They lost over £2m in Bumi which is just unreal when it was their only material equity last year. Why put all of your equity risk into one risky vehicle...and we all know how that's turned out...very badly! This year they seem to have invested in All Star Leisure and Westhouse Holdings (who? and why?). There is no logic or strategy that makes sense to me, other than insanity or lack of focus.

Please John find a better manager...I and many others could do substantially better than the so-called professionals that are "managing" this trust.
Posted at 30/6/2011 22:18 by debbiegee
thanx ,I think investor thought it was complicated and he would have to run a thread but never mind !

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