Blackrock Com Share Discussion Threads

[closetinvestor] 13/1/2016 10:01

Carcosa - if you compare it with BRWM, this has almost always traded at a premium whilst BRWM goes through spells trading at a premium / discount (depending on where we were in the commodity cycle).

[carcosa] 13/1/2016 09:52

Expectation that the underlying securities are likely to increase in value?

[closetinvestor] 13/1/2016 09:44

Why does BRCI trade at a premium to NAV? I would have thought under the circumstances there would be a decent discount.

[celeritas] 12/1/2016 14:32

Nav is 48.74, still holding just over 50p

[celeritas] 11/1/2016 14:52

Trading slightly above nav, I expect to see sub 50p this week if the rout continues.

[celeritas] 07/1/2016 10:31

This should test 50p with the main holdings well down in the last two sessions.
The rout goes on and on.

[badtime] 24/12/2015 09:17

Absorbed the ex div

[asmodeus] 23/12/2015 11:43

So did I. Reports indicate that commodities are recovering. Seems a good idea? Edit; already up 4.2% (11.58 a.m.) !

[deanroberthunt] 23/12/2015 09:55

TOPPED UP EARLIER ASWELL

[deanroberthunt] 23/12/2015 08:51

....and just in-time for Ex-Dividend gary.

[deanroberthunt] 23/12/2015 08:50

must be a decent binary bet from here, with the yield held for 2016....

have a good Xmas Gary.

[garycook] 23/12/2015 08:49

Just topped up

[deanroberthunt] 23/12/2015 07:36

Yes gary, my mistake, even better than I thought :)

[deanroberthunt] 23/12/2015 07:35

12bn

my mom and dad, wife and kids love me, nothing else matters hommes
money does not maketh the man either..

wishing y'all a merry xmas and a happy new year

[garycook] 23/12/2015 01:56

DRH,Dividend yield 7%? Has it been cut? According to my calculations yielding 11.05% at last night,s close of 54.25 with a annual 6p Dividend !!!

[deanroberthunt] 22/12/2015 17:44

Listen and learn pondlife

1. They don't invest in pond life stocks like you
2. Oil is already at decade lows, and the market is fwd looking
3. net dividend is 7%
4. I have bought my first chunk at pretty much the fund all time low
5. They are not just invested in Oil
6. We are near the end game with Oil

[12bn] 22/12/2015 17:21

With such a large % of assets in oil only a moron would buy this at this moment in time imo.

[deanroberthunt] 22/12/2015 10:32

Just bought a big chuck of this today, with commodities at decade lows, this must be nearing the bottom if not the bottom...and with a net 7% yield it would be rude not to....

[llef] 22/12/2015 09:54

aleman, in retrospect, i think those uk fuel nos are massively exaggerated

Today's uk borrowing figs, show that fuel duty increases for sep, oct, nov are only 1.8%, 2,3% and 0.4%.

Given that fuel duty is 58p a litre, a 10% rise in volume should see a 10% rise in tax - so something is massively out of kilter here

cheers

[fangorn2] 20/12/2015 12:26

A sobering thought...

"BHP Billiton eyeing acquisitions as it considers dividend cut
James Wilson and Neil Hume in London"

[aleman] 19/12/2015 19:00

Did you see that Obama has conceded a restart of US oil exports as part of horse-trading in a bill that passed Congress yesterday? They reckon that will add 500k bpd in a few years if prices recover enough to justify the build out of new infrastructure. It was portrayed as a green bill due to extended subsidies on wind and solar for another 5 years but it is really taking money from US taxpayers to keep oil cheaper for the rest of the world.

[llef] 19/12/2015 17:14

Aleman, that is a pretty staggering no for Nov, and sep and oct are up 11%, 12% respectively too, which shows its not a one-off.
According to attached link, we bought roughly 4bn litres of fuel in nov 2014.
So the increase (y/y) is roughly 600m litres, or 20m litres a day.
Assuming 160 litres to a barrel, then this equates to an increase of 125,000 bpd for the UK alone!
If those sort of figs are replicted round the world, then it wont be long before the 1.5m daily "excess supply" will be mopped up. (especially if EIA predictions of a 500k drop in usa production comes true next year)

hxxps://www.theaa.com/newsroom/news-2014/petrol-demand-struggles-despite-lower-prices.html