Cqs Natural Resources Gr... Share Discussion Threads

[davebowler] 01/5/2015 15:16

The NAV per ordinary share as at the close of business on 29 April 2015:


Pence per Share
Cum Ex
Income Income
Basic 129.55 128.42

[danieldruff2] 01/5/2015 14:42

Agree, bought in for the first time today. Both this and BRWM should start to turn up from here IMO, unlikely to sink much lower.

[wskill] 16/4/2015 11:23

Time to buy a few more of these as it looks like the recent upward movement of the oil price has not caught up with CYN yet.

[bpdon] 09/12/2014 16:16

Deep sigh. Oil and gas exposure finally catching up here? Or have I missed something?

[llef] 09/10/2014 08:13

prescient comment from 29 sep results...

Poor weather, a strong Kina and a weak commodity price had us bemoaning the condition of our palm oil stocks last year, and whilst the weather, yields and currencies have all taken a turn for the better, we continue to lament the current state of affairs for different reasons. Both Asian Plantations and New Britain Palm Oil find themselves in play for different reasons. New Britain as a result of last year's buyer, Kulim Berhad, turning seller having been frustrated by the Papua New Guinean Competition Commission. Kulim have nominated Sime Darby as the preferred bidder, and we wait to see if this bid will be passed by the local authority or whether there will be a competitive process. Asian Plantations, having received several approaches, put themselves into an auction process for the last six months without reaching any conclusion. We believe that these are both undervalued businesses, but such opaqueness does not help the market value them correctly.

[llef] 09/10/2014 08:10

3.4% of CYN was a holding in New Britain Palm oil as of IMS 25 may.

takeover announced last night of NBPO (from bloomberg)

Sime, the world’s biggest publicly traded palm oil producer by market value, offered 7.15 pounds a share, 85 percent more than New Britain’s closing price in London yesterday, it said today in a statement in Kuala Lumpur. The cash offer will be financed through existing resources and credit lines, Sime said.

[brucie5] 23/7/2014 16:53

Overlooked i agree.

[bonnard] 23/7/2014 09:01

Increased dividend announced today making just over 4% for the year at today's price.
The dividend has been increased every year for nine years since inception.
Current discount to NAV at 15%
Investments in Oil,Palm Oil, Gold, Silver and other commodities.
Share price close to 5 year low.

[brucie5] 22/3/2014 10:19

Blimey, NAV 1.56. That's some discount.

[kombimatec] 07/3/2014 08:31

Big jump in NAV declared early today

[shavian] 23/1/2014 07:54

Good call HP

[hugepants] 06/1/2014 10:56

This looks like a good entry point. 4.5% yield, 18% discount to NAV and at multi year lows.

[brucie5] 03/12/2013 18:42

Downward trend resumed. Extraordinary times for so many miners.

[tiger20] 14/10/2013 09:13

I thought results was today -no sign just yet

[shavian] 13/9/2013 16:21

Seemingly CYN in demand. Discount narrowing nicely.

[glentimon] 17/8/2013 14:56

Anyone any idea why the huge divergence CYN compared with BRWM? Used to think CYN simply lagged, but it's been diving in spectacular fashion. The divergence in discount to net asset value has been even more marked. If there's no serious problems would have thought CYN was a good buy at this level.

[brucie5] 22/7/2013 14:33

I'm beginning to like this 1.40 base. Would like to see it tested a bit more. Then 1.50.

[brucie5] 11/7/2013 16:29

Sector (%) Rank Prev
Oil & Gas 38.10 1 (2)
Other Metals 20.45 2 (1)
Gold 17.92 3 (3)
Alternative & Renewable Energy 6.33 4 (5)
Financials 4.51 5 (6)
Other Investments 4.24 6 -
Mining Finance 4.14 7 (4)
Fishery, Agriculture & Forestry 1.85 8 -
Precious Metals & Stones 1.50 9 (7)
Rubber Products 0.96 10 (8)

Yes, Gold= almost 18%.

[brucie5] 11/7/2013 16:22

Uncle Ben? Who he? Do they invest in rice as well?
Chart playing out well today. MACD turning up.

[ohisay] 11/7/2013 13:19

I take your point especially after Uncle Bens comments.
But I'd be more inclined to take a position if they reduced the Gold/Silver weighting to something around 10% to 15%.
Still too high IMV - strictly speaking Gold isn't a commodity anyway.

[brucie5] 10/7/2013 10:50

Could be worth watching this one over coming days. Given the relative safety of a collective fund with income, this has paralleled the decline in commodities, if somewhat less severely. Don't know what longer standing followers think. It's down from 3.60 in 3 years. Recently made what might look like a small double bottom, and short term wma look perky.

[brucie5] 02/7/2013 21:50

How far will this fall? When the time comes this would, I imagine, be among the safer ways to ride any recovery in metals? It made a dramatic recovery in 2009, and several miners seem to be revisiting those levels. This at least has safety in diversity - and a dividend! Opinions welcome. For time being, a falling knife.