Subsea Resources Share Discussion Threads

[peterbill] 15/12/2016 20:13

I've exercised the SLES subscription shares which I bought ages ago for approx 16p. SLET pay a decent yield so form part of my income in retirement.

Hoping that PCFS do a little better before they expire. GRIW is my star performer, bought for under 10p now over 30p and a long way to expiry.

[peterbill] 22/12/2014 15:30

Added JPSS

[peterbill] 18/8/2014 22:24

SLES below 90p

PCFS below 10p

BRGS below 10p

Probably all worth a punt as still a way to go to expiry.

[peterbill] 11/1/2014 01:31

On the 9th of June 2012, posted that SLES at 16p looked a good bet for tucking away, long way to expiry, etc.

They have now just gone over 116p, an unbelievable performance.

Which one will be the next star of the subscription share show ... GRIW, ATSS, PCFS all have the time to come good, but which one will be the star?

You can get GRIW at less than 10p, and ATSS for less than 45p ...
My bet will be PCFS to outperform both the above. They are currently at around 17p.

[peterbill] 04/10/2013 08:59

Perpetual Income and Growth - Exercise of Subscription Shares - PLIS

Following expiry lapsed subscription shares were removed from accounts and cash proceeds of GBP1.2205587 per share were credited on 3 October 2013.

[rrr] 21/8/2013 15:06

Useful list. I hold PCGS and PLIS so am not unhappy. PCGS slipping back a bit recently with the underlying but got till end Jan till expiry so not concerned yet.

[peterbill] 21/8/2013 14:26

Any with a low CFP value need a second look ... some of the same sums have different CFP due to the different expiry dates.



EPIC Expiry Prices CFP

ALAS 31/12/15 9.00 20.0
ATSS 31/12/17 42.00 9.6
BRGS 30/04/14 22.75 16.2
BRGS 30/04/16 22.75 6.3
BRNS 31/07/14 0.07 40.2
GPMS 30/11/14 1.01 142.6
GRIW 31/08/22 7.01 0.5
HINS 31/08/14 16.00 0.9
HOTS 31/01/14 2.00 95.8
IAES 30/10/14 5.25 1.9
IERW 30/11/13 1.00 224859.1
JAIS 31/03/14 14.25 18.4
JMGS 31/07/14 50.00 11.4
JMOS 31/10/13 48.10 24.4
JMOS 31/10/14 48.10 7.7
JMOS 31/10/15 48.10 6.3
JIIS 31/01/14 20.90 21.0
JPSS 31/03/14 20.00 3.7
MMPW 31/01/14 0.10 13071.2
NCEA 28/02/14 0.12 194.0
PCFS 30/04/17 18.00 7.5
PCGS 31/01/14 39.66 -4.6
PCTS 31/03/14 8.51 18.6
PLIS 31/08/13 125.85 -53.4
PRSS 31/07/15 6.75 178.6
RUSW 31/03/19 49.45 4.8
SLES 31/12/16 82.89 2.4
WWHS 31/07/14 410.01 1.1

[peterbill] 07/8/2013 09:14

PLIS - the intrinsic value is greater than the subscription share price ... could be a number of reasons, the prices quoted are mid price and spread could be wide ... I've got the intrinsic value at 141p and the sub's price at 137p ... going by that it would be better to convert and then sell, if you have the funds available.

It's not long now, so will have to decide.

[rrr] 06/8/2013 10:13

Thanks PeterBill. Were you going to amend it in the header too?

rrr

[peterbill] 05/8/2013 23:18

rrr,

Thanks for that info. I too have some and busy watching what may happen, I do not plan to exercise them at the moment.

From the link above ...

Notice of exercising subscription share subscription rights.

We recently wrote to shareholders of the Perpetual Income and Growth Investment Trust plc subscription shares regarding the pending opportunity to exercise their shares.

For those shareholders who hold the shares within an Invesco Perpetual ISA or an Invesco Perpetual Investment Trust Savings Scheme, we informed them that should they wish to exercise their subscription shares on 31 August 2013, their application had to be received no later than 5pm on 20 August 2013.

With regard to the Invesco Perpetual ISA and Invesco Perpetual Savings Scheme investors, the letter, application form and the leaflet entitled 'Understanding Perpetual Income and Growth Investment Trust plc subscription shares' have been provided here:

ISA Clients

ISA Client Letter
ISA Client Exercise Application Form
'Understanding Perpetual Income and Growth Investment Trust plc subscription shares' leaflet

Saving Scheme Clients

ITSS Client Letter
ITSS Client Exercise Application Form
'Understanding Perpetual Income and Growth Investment Trust plc subscription shares' leaflet



You will have to access the wesite to open the links.

[rrr] 05/8/2013 17:44

PeterBill:
PLIS expiry date is 31 August 2013 not 30 September. (And you need to apply to exercise them sooner than 31/8.)

See hxxp://www.invescoperpetual.co.uk/portal/site/ip/contentDetail?contentId=bdc8df4f58010410VgnVCM100000c1f1bf0aRCRD&title=Perpetual-Income-and-Growth-Investment-Trust-plc-subscription-shares

[rrr] 04/8/2013 21:48

Also like look of SLES and HINS.

[rrr] 03/8/2013 20:36

Worldwide Healthcare subs WWHS look quite attractive to me. I make the CFP -0.99.

[peterbill] 12/7/2013 16:10

Bought some PCFT, early days, long time to expiry so we will see how that turns out.

[peterbill] 11/4/2013 10:26

Have recently bought JPSS to take advantage of the BOJ stimulus measures ...

[peterbill] 11/2/2013 23:36

Have just updated the header with a link to each of the subs to take you to their graphs. Let me know if any of the links don't work. Thanks to Mangal on the WT thread for providing most of the info.

[peterbill] 01/12/2012 13:22

SDPS look interesting ... subs are at 2p and may be in the money by the 31st.

[peterbill] 09/6/2012 08:11

SLES looks like it may be worth tucking away at current price, 16p.

Long time to expiry ...

PB

[kenmitch] 31/3/2012 09:59

Peter Bill.

Thanks for the (obvious!) "skip header" solution.

Agree re ATSS and bought some for 37.75p and will average down if getting the chance. Very good long term lockaway and potential multi bagger if there is a real bull market between now and the end of 2017. Well worth checking out their investment style/choices imo.

Can't help with your CFP/HML question.

[peterbill] 25/3/2012 20:27

Added PCTS with the 2014 expiry date

[peterbill] 25/3/2012 19:50

Hi Kenmitch,

Yes, have been watching PCGS, expiry end Jan 2014 ... have an order in for some if it drops any more.

What do you think of ATSS? Long way to expiry, and Artemis did have a good name for turning things around. Worth buying for the turn a round?

You can skip the header by clicking on the "skip header" right at the top of the thread.

Will add short cuts to all the different sub share graphs in the header soon, when back from my holidays.

PB

PS Does anyone know where I could get pointers to find the code for getting the CFP of each sub in the header using live prices ... I've got it in excel but looking for pointers for doing it in HTML?

[kenmitch] 22/3/2012 18:19

PCGS remain excellent value and the share (now trading around NAV) holds up well on down days. THE best sub share for a cautious investor. Target 15% on the share price to 130p by the end of next year and the sub should double from 15p. Or invest £5000 in the share looking for 15% capital gain by the end of next year for a profit (excluding dividends) of about £750.

Or invest £1000 in the subs for a profit of around £1000 IF the share can get to 130p.

Thanks for starting this thread Peter... but is there any way of avoiding having to scroll through all the useful charts before finding the posts?

[peterbill] 18/3/2012 21:46

Added BSRW to the above list. Bought a few a while back so hoping for rumoured IPO of Ivanplats ... :-)

[peterbill] 21/2/2012 08:14

ANWS have done well since beginning of Jan.

SDUS look interesting with the FTSE at a recent high, these will start to go up. Exersise price 129p in a few months time.