Third Advance Value Realisat Share Discussion Threads

[cockneyrebel] 10/4/2006 15:57

NAV - now over 122p!

NAV up 50% since the start of the year and now trading nearly 10% below NAV!

These are cheap and growing at about 250% pa NAV

CR

[cockneyrebel] 27/3/2006 15:59

NAV up again - 118.91p now

CR

[Abuse team] 20/3/2006 22:43

Post removed by ADVFN

[alexacj] 20/3/2006 22:36

Still very early days yet in the recovery of many of the stocks that TAR hold....9% below NAV on a stock that is currently growing its' NAV at 300% p.a......got to be one to be aboard!

[cockneyrebel] 20/3/2006 18:29

Another big rise in NAV - up 6p to 118.41p

Trading 9% below NAV - NAV up 40% since Jan1 (11 weeks) - a compound annual rate of nearly 300%!

Pretty fabulous growth from an investment trading at a discount to NAV imo.

CR

[farsight] 20/3/2006 15:18

Correction. 1 trade.

[cockneyrebel] 17/3/2006 14:03

I see we are up today ahead of Monday's NAV release and no trade :-)

CR

[cockneyrebel] 15/3/2006 12:21

yes, DWSN up 15% since the results - must be good for TAR's NAV

CR

[alexacj] 15/3/2006 10:12

Looking forward to the next NAV update....great set of results from DWSN....should really add to the NAV of TAR....:-)

[cockneyrebel] 07/3/2006 18:34

Not bad in 2 months ah?

At Jan1 the share price was 98p, NAV 84.7p

Today the share price is up 5% from Jan 1, the NAV up 34%.

Needs a re-rating imo.

CR

[alexacj] 07/3/2006 18:26

Nearly 26% rise in NAV from 9/1......and I don't believe we have yet seen the recovery in TARs portfolio....... :-)

[cockneyrebel] 07/3/2006 15:48

NAV up to 113.96p :-)

CR

[cockneyrebel] 27/2/2006 11:27

Moving up - I think the NAV update today should be decent.

CR

[alexacj] 23/2/2006 10:05

Ditto....also added to my holding this morning....

[cockneyrebel] 23/2/2006 10:04

yep, I've added some more TAR just now - looks like the NAV could soar here over the next few weeks.

CR

[alexacj] 23/2/2006 09:06

Will be interesting to see what happens with DWSN when they report.....it seems to bode well with newsflow to date and volume picking up over the past week.....hopefully will give another big boost to TARs NAV.

[cockneyrebel] 22/2/2006 15:11

Harvey Nash up 13% today - TAR have over (3%) £1m worth.

On their geared basis that could make a decent move upon the NAV.

Already trading well under the 111p+ NAV per share value - nice for a high growth fund.

CR

[cockneyrebel] 13/2/2006 16:02

NAV up again - 112.68p - now trading nearly 10% below NAV

CR

[cockneyrebel] 11/2/2006 13:08

FIO - tipped in SCSW - should boost FIO price and TAR's NAV imo.

CR

[cockneyrebel] 06/2/2006 15:44

Third Advance Value Realisation Company Limited announces that its unaudited net asset value as at the close of business on 3rd February 2006 was 77.498 million equivalent to 10.18 per 10 Unit. The Ordinary Shares and the Redeemable Preference Shares were issued in Units comprising three Ordinary Shares and seven Redeemable Preference Shares at a price of 10 per Unit.

The net asset values per share were:

Ordinary Shares 106.02 pence


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Nice, a 6p rise in NAV in a week when the market was weak :-)

CR

[cockneyrebel] 30/1/2006 10:36

it's illiquid, might be a premium to pay for anything of size like 5K+.

NAV should be published later today.

CR

[rambutan2] 29/1/2006 18:19

yes, geared through the prefs.

[jonwig] 29/1/2006 10:48

They took a 10.75% stake in Bede Group [BED] over a period - bought from other insts I suppose, according to their policy.
No doubt an asset/recovery play.
But BED have just sacked their CEO (well, he "resigned with immediate effect"...) and have just delivered an awful set of FY results.

I bought the BED story too, but not any longer.

How they are geared is described in detail in the prospectus, here's a summary from the title page:

Placing of up to 30 million Ordinary Shares at l00p each and
up to 70 million Redeemable Preference Shares at l00p each
in units consisting of three Ordinary Shares and
seven Redeemable Preference Shares
payable in full on application

[cockneyrebel] 29/1/2006 10:37

yes, you are right I think. Not exactly sure how they are geared but I think a lot of their DWSN were bought via CFD's via Cantor.

CR