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GTW Gateway Vct

18.00
0.00 (0.00%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Gateway Vct GTW London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 18.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
18.00 18.00
more quote information »

Gateway Vct GTW Dividends History

No dividends issued between 01 May 2014 and 01 May 2024

Top Dividend Posts

Top Posts
Posted at 14/9/2007 12:18 by colonel a
Gelp,

No comment, rather a question.
Why was the motion to allow GTW to buy back shares voted down at the AGM ?

With the share price well below the NAV and the implied additional value not yet inlcuded in the NAV this seems a very odd position to take.
Posted at 21/7/2007 10:10 by rivaldo
Gelp, whatever happened to your post - I know it said you'd been topping up here and now it's gone!

You're not Mark Moss by any chance are you?! Yesterday's RNS was very intriguing - he's popped up from nowhere with 441k shares (3.27%).

I can't find on Google any direct connection from him to GTW, but the timing is interesting just after Jacobs Rimell made their Wipro announcement.

Nice to have a bit of activity here anyway.
Posted at 13/11/2006 16:41 by gelp
Riv,
interims to 30th sept 2005.
'options on 909091 SLG at 33p - there was a 'lockup agreement' to march 2006 so I think you may be correct re 'plenty of time left...'

interesting that GTW & Cavendish have parted company. Shows some confidence by the small remaining team. I hope this is more than cost savings.
Posted at 21/10/2006 21:31 by rivaldo
Hi jonwig, good to see you here! One point - are you aware that if you buy GTW shares in the open market, as a VCT there's no CGT on any gains (though of course you can't set off any losses either...)

I have a few of these from just above the current price as a long-term punt. On the current £4m m/cap I feel this could be a tax-free multi-bagger, with relatively little downside.

There are of course the usual VCT liquidity problems, though this didn't stop me making 70% tax-free on a Foresight VCT in a few months a couple of years ago when I noticed before the market did that one of their holdings was being floated....

In theory much hinges on SLG, where GTW have around 2.45m shares and 900,000 options at 32p. If that recovers then it's game on.

GTW also have big stakes in PGB (which I hold) and VEC, both of which are terrific companies imo and could also prove extremely valuable. They also have around £150k of DEMG.

But the unquoted holdings are interesting - Networks by Wireless and Jacobs Rimell are both profitable with lots of recent news flow on their web sites indicating excellent expansion moves. These could be worth a fair bit more than currently shown at some point (not sure about Burgundy Global though) - hopefully these will IPO or be sold now that they're nicely profitable.

Anyway, I thought it worth a long-term punt on a tiny m/cap with a (generally) impressive portfolio.

PS : you can often buy inside the spread with GTW...
Posted at 21/10/2006 19:43 by jonwig
I've just noticed this while glancing through the ITs in the FT today - the widest discount in the (ordinary ITs) list, around 42%.

The last annual report (March 06) has a complete list of holdings, so it shouldn't be too hard to compute the ongoing NAV.

Of course, buying GTW now in the market is a problem, with the wide spread and, of course, no tax advantages.
Posted at 20/7/2006 08:14 by gelp
Saranntel through the floor today now only 12p.What affect on GTW VCT as was valued at 22p in Jan? quite a reversal of prospects. at one tinme SLG was the golden share. and GTW has options on another chunk at 33p!!!
Posted at 29/5/2006 08:05 by gelp
Sorry. Mixed up my monitors. Biotrace and Dawmed not in portfolio of GTW!
BioFOCUS was taken over by GLPG galpagos. Seems to have 3 listings, aim ofex and euronext. I cannot see the price.cash or shares about sept last year. no mention on November results announcement from GTW. Its all bit confusing. Perhaps next statement will clarify.
Posted at 04/5/2006 18:59 by rivaldo
Hi Gelp. Yep, still around in GTW. This is a bit more of a long-term investment than I thought because of SLG! But GTW had 52p of NAV at 31/12/05, and with SLG well up since then, plus VEC, PGB and OMG all performing well my back of the envelope tells me NAV is now over 60p against a 37p share price.

If SLG starts to perform it'll be time to pile in. And looking at GTW's unquoted investments' web sites, they seem to have sharpened up their acts and are looking better too.

I think I'll start a new GTW thread when I get time.
Posted at 22/12/2004 19:15 by pawsnjaws
Hi

I have been a holder of GTW since May 2004, I occasionally take a peep here to see how the stock is performing, I am not a chartist in any way but would be very interested in any views from the chart that is forming.

Thanks in advance.

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