Close Fund Port. Ii Pcc Share Discussion Threads

[praipus] 03/2/2016 11:12

Well done erstwhile2

[praipus] 07/2/2012 14:36

Ok got the 22.6p now the patient perhaps fuitless wait for the Liquidators to cough up.

[praipus] 11/1/2012 13:15

Anyone else confused by the RNS? Any idea what we can expect?

[praipus] 29/11/2011 22:14

Weiss back in or increased to 19.4%



To see Weiss Asset Managements other holdings take a look at post 3 on the WAM thread.

[praipus] 05/5/2011 17:18

Weiss trimming their holding

[praipus] 14/3/2011 14:48

Remarkable people.

Astonishing to me that the market has held up so well. The few quotes on cost from the press so far although enormous in our terms equate to less than .5% of GDP.

Though I suspect there will be some adjustment/discount for natures unruly behaviour and of course no telling what she might do in future.

[ptolemy] 14/3/2011 13:48

Praipus,
Agreed. I was very close to buying Japan based on the big picture story. Sadly, the last few days tragic events look to be very challenging for Japan's short/mid term prospects.

[praipus] 14/3/2011 13:28

To anyone personally affected by the earthquake's and tsunami in Japan our prayers and thoughts are with you.
P.

[praipus] 07/3/2011 16:18

36p in the latest NAV statement....so no value for Theta, Vega, Gamma, Delta, Rho just the intrinsic.....amazing.

[praipus] 15/2/2011 22:42

Hi, interesting idea how would you structure it and what products and quantities would you use? Are you doing so at the moment?

[p@] 15/2/2011 09:55

Prai-Have you thought of buying these and selling the Nik?

[praipus] 08/2/2011 11:31

Not a fan of covered warrants but the 10,500 Nikkei225 June call is trading at 43p-44p

[praipus] 07/2/2011 10:06

Anyone who knows how to value options got a view on the Theta and Vega values here?

[praipus] 04/2/2011 11:06

Nikkei through 10,500 erm....shouldnt these be 35p?

[praipus] 25/11/2010 10:56

+------------------------------------------------+------------+
| | NOMINAL |
+------------------------------------------------+------------+
| DEBT SECURITIES PORTFOLIO | HOLDINGS |
+------------------------------------------------+------------+
| | GBP |
+------------------------------------------------+------------+
| | |
+------------------------------------------------+------------+
| Abbey National Treasury Services Plc EMTN 11 | 4,200,000 |
| January 2012 | |
+------------------------------------------------+------------+
| | |
+------------------------------------------------+------------+
| Glitnir Banki EMTN 11 January 2012 | 7,100,000 |
+------------------------------------------------+------------+
| | |
+------------------------------------------------+------------+
| Hbos Treasury Services EMTN 11 January 2012 | 7,100.000 |
+------------------------------------------------+------------+
| | |
+------------------------------------------------+------------+
| Irish Life & Permanent EMTN 11 January 2012 | 7,100,000 |
+------------------------------------------------+------------+
| | |
+------------------------------------------------+------------+
| Kaupthing HF EMTN 11 January 2012 | 7,100,000 |
+------------------------------------------------+------------+
| | |
+------------------------------------------------+------------+
| KBC IFIMA EMTN 11 January 2012 | 7,100,000 |
+------------------------------------------------+------------+
| | |
+------------------------------------------------+------------+
| Royal Bank Of Scotland EMTN 11 January 2012 | 7,000,000 |
+------------------------------------------------+------------+
| | |
+------------------------------------------------+------------+
| | TOTAL |
+------------------------------------------------+------------+
| | GBP |
+------------------------------------------------+------------+
| | |
+------------------------------------------------+------------+
| | 46,700,000 |
+------------------------------------------------+------------+

[praipus] 19/11/2010 21:55

Weiss has bought even more!

[praipus] 11/11/2010 15:16

Copied this from Skyships excellent JDT 2010 thread (partly to refelct on and partly to encourage discussion and welcome others thoughts).

erstwhile2 - 11 Nov'10 - 15:11 - 286 of 286


JAC is not a steal even though it looks a no brainer on first blush.

The first blush argument goes: "windup in Dec 11 @ current level on Nikkei (9861) equates to 62p, less the Iceland defaults (30% of bonds with 15% recovery = 24p loss) leaves 36.5p, so it looks great anywhere under 30p for 20% gain right?"

But the reality is if you (1) credit risk the 62p for the portfolio (Irish Life in particular) (2) reflect disproportionate impact of another default its really worth more like 56p, making the whole thing only worth 30p area adjusted for credit risk.

If you ask me. And thats not reflecting the fact that you might get a lot less Iceland payoff, and it will not arrive until 2015 earliest.

[p@] 26/8/2010 10:14

Last table--

+--------------------+-----------------+--------------------+
| Final Nikkei 225 | Final Capital | Final Capital |
+--------------------+-----------------+--------------------+
| Index* |Entitlement (1) | Entitlement (2) |
+--------------------+-----------------+--------------------+
| 0 | 0 | 0 |
+--------------------+-----------------+--------------------+
| 500 | 3 | 0 |
+--------------------+-----------------+--------------------+
| 1,000 | 6 | 0 |
+--------------------+-----------------+--------------------+
| 1,500 | 9 | 0 |
+--------------------+-----------------+--------------------+
| 2,000 | 12 | 0 |
+--------------------+-----------------+--------------------+
| 2,500 | 15 | 0 |
+--------------------+-----------------+--------------------+
| 3,000 | 18 | 0 |
+--------------------+-----------------+--------------------+
| 3,500 | 21 | 0 |
+--------------------+-----------------+--------------------+
| 4,000 | 25 | 0 |
+--------------------+-----------------+--------------------+
| 4,500 | 28 | 0 |
+--------------------+-----------------+--------------------+
| 5,000 | 31 | 0 |
+--------------------+-----------------+--------------------+
| 5,500 | 34 | 4 |
+--------------------+-----------------+--------------------+
| 6,000 | 37 | 7 |
+--------------------+-----------------+--------------------+
| 6,500 | 40 | 10 |
+--------------------+-----------------+--------------------+
| 7,000 | 43 | 13 |
+--------------------+-----------------+--------------------+
| 7,500 | 46 | 16 |
+--------------------+-----------------+--------------------+
| 8,000 | 50 | 19 |
+--------------------+-----------------+--------------------+
| 8,500 | 53 | 22 |
+--------------------+-----------------+--------------------+
| 9,000 | 56 | 25 |
+--------------------+-----------------+--------------------+
| 9,500 | 59 | 29 |
+--------------------+-----------------+--------------------+
| 10,000 | 62 | 32 |
+--------------------+-----------------+--------------------+
| 10,500 | 65 | 35 |
+--------------------+-----------------+--------------------+
| 11,000 | 68 | 38 |
+--------------------+-----------------+--------------------+
| 11,500 | 72 | 41 |
+--------------------+-----------------+--------------------+
| 12,000 | 75 | 44 |
+--------------------+-----------------+--------------------+
| 12,500 | 78 | 47 |
+--------------------+-----------------+--------------------+
| 13,000 | 81 | 51 |
+--------------------+-----------------+--------------------+
| 13,500 | 84 | 54 |
+--------------------+-----------------+--------------------+
| 14,000 | 87 | 57 |
+--------------------+-----------------+--------------------+
| 14,500 | 90 | 60 |
+--------------------+-----------------+--------------------+
| 15,000 | 93 | 63 |
+--------------------+-----------------+--------------------+
| 15,500 | 97 | 66 |
+--------------------+-----------------+--------------------+
| 16,000 | 101 | 70 |
+--------------------+-----------------+--------------------+
| 16,500 | 116 | 81 |
+--------------------+-----------------+--------------------+
| 17,000 | 132 | 92 |
+--------------------+-----------------+--------------------+
| 17,500 | 148 | 103 |
+--------------------+-----------------+--------------------+
| 18,000 | 163 | 114 |
+--------------------+-----------------+--------------------+
| 18,500 | 179 | 125 |
+--------------------+-----------------+--------------------+
| 19,000 | 180 | 125 |
+--------------------+-----------------+--------------------+

* As at 21 December 2011

(1) Subject to there being no counterparty default or any unforeseen
circumstances

(2) The table contemplates default and zero recovery in respect of

[mangal] 29/12/2009 09:32

Guess which world market has been the best performer over the last month. Hard to believe but it was the Japanese market; Nikkei-225 gained 17%+, easily beating all other indices.