Dunedin Enterprise Inves... Share Discussion Threads

[eeza] 20/6/2016 12:31

Lind added ~250k - above 11%

[kramch] 17/6/2016 13:25

yes, 10,000 shares for deputy chairman Brian Finlayson.

[eeza] 17/6/2016 11:58

£30k Director buy @ 310p

So obviously no news imminent.

[skyship] 25/5/2016 09:59

Ah - yes - Mad Foetus also noticed this move in other ITs. I suppose the possibility of a £10m sale in one chunk was enough to tempt them to overlook the cr*p value they were achieving. Nice business for the buyers.

[spectoacc] 25/5/2016 09:05

A few of the big life/pension cos are knocking back their IT stakes - suspect due to the move to buy really, really expensive bonds instead, to "match liabilities". Create liabilities more like.

[skyship] 25/5/2016 08:59

Really bizarre sale by L&G - 300p!!! At least they got their 16p special dividend...

[spectoacc] 25/5/2016 07:39

Jeez yes - how come I'm never in on trades like that? Price done well to stay up, I'd have taken a quick turn ;)

[rambutan2] 24/5/2016 19:05

Noted that the L&G trades have shown up on the 17th and they got out at 300p with the buyers paying the same or less than a penny more.

[skyship] 17/5/2016 09:45

....and Angela Lane buys 15k @ 320.2p

[spectoacc] 17/5/2016 08:49

10k d buy (Duncan Bridge) at 327.7p; maybe if they buy enough, they'll want to do something about the fees themselves? ;)

[skyship] 16/5/2016 13:01

Director Brian Finlayson buys another 2,000 shares @ 323p, taking his holding up to just under 110k.

Now quoting 319p-330p; so the equivalent to 335p Bid pre-the 16p Special Divi.

[skyship] 13/5/2016 18:19

Couldn't be less active than the seller L&G !

Another positive after that reply to Kramch.

[skyship] 13/5/2016 17:29

About Lind Invest:

Lind Invest is an independent holding company located in Aarhus (Denmark). We make investments in companies – listed and unlisted – and create value through active ownership and with a strong focus on value creation and transparency.
Investments are made by a clearly defined strategy, and management of every investment is based on a strict risk policy and -management. Lind Invest wants to focus on the niches and segments of the market that is not always thoroughly analyzed by other market participants. This means that we are niche investors in a segment where not only capital forms a successful investment.

[eeza] 13/5/2016 16:17

Lind Invest took another ~2m shares.

[skyship] 13/5/2016 14:35

Also.....could you perhaps post that on the PE thread. Thnx.

[skyship] 13/5/2016 14:33

Kramch - bravo. Makes good reading too...

[kramch] 13/5/2016 14:19

I was just despairing at having heard nothing following my e-mail for the board at the AGM when the phone rang and it was the chairman. Apparently there had been other questions in a similar vein from the floor.
It seems that in the Private Equity world forward commitments to fund PE platforms are difficult to unwind without heavy penalties, however as the investments are made and mature early exits are feasible. The upto 7 years thus reflects the investment period, to Nov '17, and 5 years to maturity. But the wind up document states they can seek to sell part of the fund (presumably to clean up once it gets too small). So perhaps we will see the wind up completed sooner. I am assured they are actively looking to cut costs, but have to pay fees on the total funds committed (not just invested). You can see why the smaller players are closing up.
Nowadays I invest with a lot of cynicism of directors' statements and intents, the call was a very pleasant surprise.
K.

[houseofpain1] 13/5/2016 14:16

Significant upside from here due a combination of uplifts and a narrowing discount with the majority of the portfolio relatively mature. Tuck it away.

[eeza] 12/5/2016 09:21

RNS Out now.

[skyship] 12/5/2016 09:07

No, no surprise at all. Actually moderately relieved the fall is just 1.2% in Q1.

What is particularly poor is that the RNS confirming yesterdy's EGM wasn't out of the traps first thing this morning!

[eeza] 11/5/2016 11:17

NAV down.

Surprise?

[skyship] 10/5/2016 18:53

Thnx Kramch - I suspect we see the early salvoes of a long and ultimately successful campaign to make Dunedin more shareholder friendly!