Acencia Share Chat - ACD
|Share Name||Share Symbol||Market||Type||Share ISIN||Share Description|
|Acencia||LSE:ACD||London||Ordinary Share||GB00B0MSB420||ORD NPV|
|Price Change||Price Change %||Share Price||Bid Price||Offer Price||High Price||Low Price||Open Price||Shares Traded||Last Trade|
|Industry Sector||Turnover (m)||Profit (m)||EPS - Basic||PE Ratio||Market Cap (m)|
|Equity Investment Instruments||0.0||6.0||5.2||30.5||85.75|
Acencia Share Discussion Threads
Showing 626 to 648 of 650 messages
|..The denomination of the issued share capital of the Company has been changed from Sterling to US Dollars, ... change will take effect from open of markets (London time) on Wednesday 1 July 2015. Now quoted in US$||jagworth|
|TRANSACTION IN OWN SHARES 25-06-2015 Acencia Debt Strategies Limited announces that on the 24th June 2015 it acquired 100,000 ordinary shares of nil par value ("Shares") for cancellation at an average price of 104.5p per share, representing an 8.82% discount to the net asset value per share as at 31st May 2015.||skyship|
|MRF - Longer term, the best result will be to create the maximum excess of capital value over net cost. I think that buying in their own stock at a discount is mathematically the most effective way of acieving this objective. I am a little more curious about marrying the stock buy-in with reported trades. Take yesterday's reported 200k buy. A pair of trades for the same amount and same time are shown, one at 103.75p, the other at 104p. If their buy had been the 104p I could understand that the difference was perhaps a mm's margin on the deal. The other way round is more difficult to rationalise. Any suggestions? So much for market transparency!||boadicea|
|Whilst such ongoing company transactions both help support the shareprice falling further and add to its overall NAV. Would they not be better off returning such sums by dividends longer term thus boosting yield?||my retirement fund|
|TRANSACTION IN OWN SHARES 24 June 2015 Acencia Debt Strategies Limited announces that on the 23rd June 2015 it acquired 100,000 ordinary shares of nil par value ("Shares") for cancellation at an average price of 104.5p per share, representing an 8.82% discount to the net asset value per share as at 31st May 2015||skyship|
|TRANSACTION IN OWN SHARES 22 June 2015 Acencia Debt Strategies Limited announces that on the 19(th) June 2015 it acquired 200,000 ordinary shares of nil par value ("Shares") for cancellation at an average price of 103.75p per share, representing a 9.48% discount to the net asset value per share as at 31(st) May 2015.||skyship|
|Tilts - Welcome back - glad you too see value down at the 103p level.||skyship|
|Hey boys, Having deleted the thread from my favourites, I thought I would pop in and see what was going on. Nice to see a bit of banter! I have had a little toe-dipping exercise today at 103.25p, and would be further interested at those levels, subject to NAV.||tiltonboy|
|TRANSACTION IN OWN SHARES 18 June 2015 Acencia Debt Strategies Limited announces that on the 17(th) June 2015 it acquired 75,000 ordinary shares of nil par value ("Shares") for cancellation at an average price of 103.58p per share, representing a 9.62% discount to the net asset value per share as at 31(st) May 2015.||skyship|
|Final Net Asset Value as at end May 2015
17 June 2015
As at the close of business on 29 May 2015, the Company's Final USD Net Asset Value per share was as follows:
Ordinary shares - USD 1.7524 (GBP 114.61p)
This reflects an increase of 0.6% versus the USD Net Asset Value per share on 30 April 2015.
|TRANSACTION IN OWN SHARES 12 June 2015 Acencia Debt Strategies Limited announces that on the 11(th) June 2015 it acquired 25,000 ordinary shares of nil par value ("Shares") for cancellation at an average price of 104.50p per share, representing a 7.91% discount to the net asset value per share as at 30th April 2015||skyship|
|Good to see that the company is following up on its promise to buy in to limit the discount to nav. Some here will have got a btter price than they did this week, which is good at a personal level although we have to remember that the company is buying on behalf of all shareholders and should get the best price available. I assume there will be a further provisional nav publication shortly and would expect it to confirm the approx discount to be still rather more than 5%.||boadicea|
|What can you say? Lol !!!!!!!!!!!!!!!!||eeza|
|It’s all about risk and return and some people can make a lot of money from distressed assets and the other hedge fund investments. For the shareholders there are a lot of things that can go wrong.
This is some information on the distressed part of the portfolio (about 15%)
Across our underlying fund managers’ portfolios, Lehman Brothers continues to be a significant position....
Another noteworthy position is in the debt of Argentina...
..some of our underlying fund managers purchased debt securities of the now
bankrupt Indiana Toll Road Concession Company..
...There have been several new distressed situations emerge towards the end of 2014, including bankruptcy of Caesars Entertainment Corporation (‘Caesars̵||jagworth|
|To continue this popular theme..I see the share price is 'blue' ..there's a connection there||badtime|
|I dare say there has been some reluctance to buy for fear of it going tilts up. But I have now got back in. :)||asmodeus|
|This perhaps suggests ACD are now worth buying again @ 104p:
|Thought you'd fell out with him. Fancy, calling him a tit. Lol !!!!||eeza|
|Ooops...typing on ye phone just isn't my thing...edited ..thanks for pointing it out :)||badtime|
|Surprised Tilts isn't back in||badtime|
|Bought a few @ 103.75p today...||skyship|
|Looks like a good time to top up at 104p if you can get it. Edit: 103.6p ... even better!||boadicea|
|The next vluation report will be interesting in relation to their 5? maximum discount objective.||boadicea|