|City Natural Res High Yield Tst
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City Natural Res High Yield Share Discussion Threads
Showing 651 to 675 of 675 messages
|Speaking of dividends... 0.86p ex-div tomorrow|
|"The past is a foreign country; they do things differently there."
Only silly people look more than a year ago when it comes to performance... ooops, sorry, I am one of them too!
I do not hold CYN, just keeping an eye on it, but hold some similar high-performance-over-the-past-year stocks that do not look as good over five or ten years. To soothe the pain, I tell myself that I collected the dividends at least.|
|Who knows if we will get back to the dizzy highs. But look at the 5 year chart.
|166p NAV. Mining index pushing to new highs (recently speaking).
Just holding free shares now as sold the rest (which I'll no doubt regret).|
|Divi announcement on the way this week I reckon|
|Yes NAV moving nicely.....up 20p since year end....
Share price has also risen BUT only by around 10p so some catching up to do even before reducing the large discount.|
|168p NAV as of yesterday, what a run it's on.|
The NAV per ordinary share as at the close of business on 10 January 2017:
Pence per Share
Basic 163.55 162.60|
|The NAV per ordinary share as at the close of business on 9 January 2017:
Pence per Share
Basic 158.78 157.83|
|Agreed re FTSE, sold out of my tracker (yesterday, not today, before I sound too clever).
Next CYN NAV to be even higher after today's commod rally - over £1.60 is my guess. What a great share it's been - fat divi, fat discount, strong rise.|
|Yikes! That has sprung up rather quickly! I've not been paying attention to NAV much now I've got a reduced holding. Have taken a ftse short hedge today as market are looking overbought.|
|@ChillWill - no discount narrowing when the NAV has just hit 157!! I missed the last few days, last one I saw was c.148p, so they've been going great guns.
Must admit I nearly let a few go recently - glad I didn't.|
|Aye, not doing too bad and I think the discount has narrowed a little recently.
Still holding my core from 100p, and the free shares I got from buying at 109p and selling original purchase amount at 124p.
Have to admit, with markets quite high / overbought I am tempted to sell a few bits and bobs. Trumpflation won't happen overnight, but imagine over a few years it will.|
|NAV still creeping up, despite the dividend continuing to roll in. CYN can't be a bad place to be with the uncertainty of 2017 (Trump/inflation) ahead.|
|NAV holding up pretty well, guessing there's some push-pull going on: down for the gold/PMs, up for the oils & (mostly) miners.
As long as that divi keeps rolling in, I'm happy (though I still say the TER should be much lower).|
|There's been a lot of underperformance to the mining index here (which has mostly been lead by copper) over last few days.
I sold some yesterday; bought quite a few at 108p around July, and just sold the amount to get my money back at 124p, and kept the free shares on top of original holding at 101p. Not a bad little earner and got some dividends out of it too, but I've also gone heavily towards cash recently. Made quite a lot this year on my portfolio thanks to silver, some other mining co's and a few 'sterling weakness' plays, so trying to take a break and not get over confident.
Pretty much just looking for a Santa rally Christmas bonus opportunity now haha!|
|CYN NAV up just under a penny yesterday, bit disappointing but will be up again on today's huge miners move.|
|@ChillWill - hopefully a good call on ANTO, well done! Up 20% earlier, a ftse100 stock, in a morning - amazing. Copper seems to be getting squeezed without good reason - unless Trump's wall is going to be made of it?
I won't have called the top on CYN, but I can't see me regretting have some cash to deploy in the next month or two.|
|Reported NAV should appreciate quite a big today/tomorrow on the back of solid gains on the mining index.
Don't blame you for selling a few, this is an odd rally! Sold all my Anto shares today after a ridiculous rise over the last couple of days, pretty sure a week ago I was around break even last week and selling for a 35% gain|
|Today's will be very interesting, and tomorrow's even more so! Massive rally on copper, but beyond FQM not sure on the exposure.
If we're heading for Trumped-up inflation, commods is the place to be. But I still want to have a fair weighting in cash for the moment.|
|Date: 9 November 2016
Net Asset Value
The unaudited net asset value (NAV) of the Company is noted below in pence per share. NAVs are calculated in accordance with stated policies. Applicable accounting standards and AIC recommendations are followed.
The NAV per ordinary share as at the close of business on 8 November 2016:
Pence per Share
Basic 144.61 144.25|
|No problem @tonsil
Lol @vacendak - I must have 30-odd IT investments so bound to bump into the same people. Not sure that means I shouldn't own a tracker, though where would you get exposure to something like UIL. Or CYN for that matter - 5% yield & 20% discount, not going to get that from any tracker. [Edit - both figs actually a touch lower, & the one thing that a tracker would thrash CYN at is the charges - CYN charges too much IMO).|
|SpectoThanks very helpful|
I have seen warrants being executed at a loss with UIL Ltd/Utilico in the past and wondered why that would happen.
This could be a capital gains tax issue: Taxable gains are technically gains minus allowance minus losses. So, depending on thresholds, tax bands and whatnots, it could be advantageous to lose money exercising a warrant/cul in order to limit one's tax liabilities. Or someone could also be very eager to buy voting rights when the market liquidity of the stock is extremely poor (very silly spread), or even not available (nobody or not enough people are selling); but that would seems a bit far fetched in this case.
Note: I am not actively stalking you, just monitoring CYN after reading about it on the PE thread. :)|