Blackrock Com Share Discussion Threads

[badtime] 08/12/2016 11:54

84.92 excludes inc

[spectoacc] 08/12/2016 07:38

Looking out for today's NAV & a possible (recent) high - thought yesterday's might have done it.

[aleman] 05/12/2016 10:25

We tend to concentrate on oil but colder American weather has taken gas from $2.50 to $3.40, which I think is a 2-year high. Oil has edged over $55.

[aleman] 01/12/2016 17:40

Oil $54.24. FTSE Oil and Gas Index closed up 2.5%.

[aleman] 01/12/2016 13:42

3p jump in NAV yesterday from oil/energy companies. Unfortunately, it only reversed the losses of the previous few days from miners.

[aleman] 01/12/2016 10:23

FTSE Oil and Gas Index up another 2.2% this morning.

[aleman] 01/12/2016 08:02

Oil up more overnight to $52.50.

[aleman] 30/11/2016 17:58

£ reversed and is now marginally up against the $ but oil has risen further, to $51.50, taking FTSE's oil and gas index to +4.1% on the day.

[spectoacc] 30/11/2016 15:02

NAV should be benefitting from today's oil move - good job, as yesterday's was 80.7p, commod stocks down, & MMs got it at 81/85p.

(@Celeritas - you had me until "..Trading 12p over NAV"!).

[aleman] 30/11/2016 11:02

Oil just jumped back over $50 as the £ fell a bit against the $.

[celeritas] 25/11/2016 16:47

I'd say it was a good balance.
I also like the 2 you mention.

Have a look at sqn, not the same sector but great yield paid monthly, trading 12p over NAV.

[spectoacc] 25/11/2016 16:16

Nice yield, nice commod play, but far too big into oil - personally I prefer BRWM & CYN (though CYN's a specialist beast).

Point taken on RSPs but trades through today at both 81p and 84p. Refuse to buy back in here until I can get it once again at a discount.

[celeritas] 25/11/2016 16:05

Real spread is 82.25 to 83.5

If Trump runs through with his plan I expect commodities to run way higher in 2017, plus a nice near 5% divi here is always nice.

[spectoacc] 25/11/2016 15:59

83p NAV but today's $ off the oil price won't be helping.

Crafty MMs take sells below NAV and buys above NAV - they can't lose.

[spectoacc] 14/11/2016 13:18

79.26p NAV at close on Fri - BRCI suffering for oils exposure vs miners/metals.

[spectoacc] 11/11/2016 11:50

82.3p NAV at close yesterday, fwiw. MMs killing it with the spread once again.

[spectoacc] 10/11/2016 14:01

Indeed; if I'd bought back, I'd now be selling again. Perhaps all bets are off thanks to President Trump, but I'm finding the market reaction very weird - ANTO was up 20% earlier.

[badtime] 10/11/2016 13:41

84 on the bid again

[spectoacc] 10/11/2016 08:46

NAV for yesterday will be interesting - someone paid 84.74p for 20,000 shares this morning but I can't see NAV having gone up that much, unless the breakdown of holdings has changed from my post above. BRWM seems the winner in NAV terms, RIO/BLT going great guns. BRCI really needs to oils to react to Trump, though they do hold RIO/BLT in smaller amounts.

[garycook] 09/11/2016 10:44

Coming back now though

[spectoacc] 09/11/2016 10:28

Shouldn't be down today. Even with the oil weighting, commods are going great guns.

[aleman] 07/11/2016 12:23

Base metal prices perky after rising steadily for a year.

[spectoacc] 03/11/2016 19:58

Holdings, out of interest:

BRCI (0.95% AMC; 1.44% TER)

Shell
FQM
Exxon
RIO
BLT
BP
=c.26% of fund

BRWM (0.8% AMC; 1.21% TER)

BLT
RIO
FQM
FRES
Lundin
Newcrest
=c.35% of fund

CYN (1.2% AMR; 1.74% TER)

Gilts
FQM
Rea
Plant Impact
Trevali
BLT
=c.25% of fund

Not a great deal to learn from that - the high Gilts weighting in CYN is to cover the CULS (to prevent gearing getting too high). Otherwise, fairly clear the oil weighting on BRCI vs the miners/metals weighting to BRWM, which is also the most concentrated (CYN the most diverse). A simplistic analysis when there's also costs, historic discounts, option-writing, gearing, nature of debt to consider.