Caledonia Investments Share Discussion Threads

[topvest] 21/6/2014 19:38

Yes, a great investment trust. One to just hold/add forever. Excellent dividend and NAV performance and run on a long term basis for the good of the Cayzer Trust and the remaining shareholders.

[qs9] 20/6/2014 09:03

Totally agree. A hidden gem IMO....great ongoing yield, great performance from management, NAV heading towards £30 IMO and still sitting at a 20%+ discount to NAV....barmy...IMO!

[biggest bill] 19/6/2014 10:24

This update gives an indication of the amount of hidden value in Caledonia's portfolio. Caledonia shouldn't be trading at any discount to its net asset value. The current discount is simply ridiculous.

[qs9] 19/6/2014 10:03

great update....

[qs9] 30/5/2014 15:35

could be....in the meantime, continued NAV wil help them drive more share value IMO....great ISA hold IMO

[coolen] 29/5/2014 22:00

On the dividend front (increased for 47 consecutive years), worth noting:

"........Growth in income [will] resume in 2016, when we expect the most recent unquoted investments to begin to make a full contribution."

Might this be the trigger which truly closes the discount ?

[qs9] 29/5/2014 15:44

I agree, good to see you in topvest....happy to hold on to as would love to see the NAV top £30 this year....let's see, but good yield and consistent performance are a good combo IMO....

[topvest] 28/5/2014 08:43

Great results again. Yes, with their record, the discount is not warranted. A 2.5% yield and 47 years of dividend increase. Not many investment companies can beat that record. The Cayzer family must be pleased with how things are going. So should we be!

[qs9] 13/5/2014 08:35

NAV nearly £26....still at an unwarranted discount IMO but loving the continued rise and yield....

[argoal] 01/5/2014 16:20

....but getting smaller by the day :)

[qs99] 30/4/2014 10:08

Moving ahead nicely still....still IMO at a big discount to nav...

[biggest bill] 09/4/2014 10:50

The average discount for global investment trusts is currently 6%. I don't see any reason why the discount for Caledonia won't start to approach this level over the next couple of years.

[qs9] 09/4/2014 08:39

NAV in at well over £25....surely 25% discount is too much? IMO

[biggest bill] 02/4/2014 09:20

The average sale price of the two disposals yesterday was at a 61% premium to their carrying prices. Given the favourable market for disposals and listings at the moment, I expect a few more of these over the next year or so. I have added 4000 shares this morning.

[biggest bill] 01/4/2014 16:34

Caledonia has obviously valued its unquoted portfolio very conservatively. It makes the current discount look ridiculous.

[nutleyavenue] 01/4/2014 10:00

CLDN's long held stake in Oval the insurance brokerage was sold today. Held on the Balance sheet at 42m the exact sale Price has not been revealed yet but looks like it will be close to 60m. Incremental enhancement to NAV plus more evidence of the hidden value in the CLDN portfolio

[qs9] 11/3/2014 07:06

great results by Close Brothers....CLDN still hold a piece do they not? All helps....looking forward to next NAV update from CLDN

[coolen] 28/2/2014 19:28

Spoilt by a largish closing auction sale at 1979p. Next week, perhaps ?

[qs99] 28/2/2014 15:43

Nice move up, come on through £20...

[argoal] 19/12/2013 12:06

CLDN were reducing their exposure to Close Bros last year. I didn't keep track of what percent of assets that they now represent. AS far as I can remember if was about 10% or more at one time.

[qs99] 19/12/2013 11:07

Close brothers share price moving still, helps cldn nav does it not?

[qs99] 10/12/2013 17:33

Director has anyway!!

[argoal] 06/12/2013 16:44

Yeah. I suppose you are right. I just saw that we hit £19 today and didn't look at the chart.

I had it in my head that the discount had narrowed. Maybe time to top up.

[qs99] 06/12/2013 16:34

NOT reflected in share price you mean?.....25% discount to NAV seems harsh IMO!

[argoal] 06/12/2013 15:58

Nav up to 2389p on 6/12/2013.

Steady progress reflected in the share price.