Share Name Share Symbol Market Type Share ISIN Share Description
India Capital Growth Fund LSE:IGC London Ordinary Share GB00B0P8RJ60 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.375p +0.52% 72.50p 72.00p 73.00p 72.50p 72.125p 72.125p 179,230.00 10:44:33
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 -0.3 6.4 11.4 81.56

India Capital Growth Fund Share Discussion Threads

Showing 51 to 74 of 75 messages
Chat Pages: 3  2  1
DateSubjectAuthorDiscuss
18/11/2016
09:15
Absolute chaos been caused by Modi's removal of Rs500 and 1000 notes in the effort to clean up the black market . . major indices still dropping this morning . . i expect this to rebound sharply once when the chaos of the notes resolves itself .
its a worry
24/10/2016
12:07
Yep still going very well at the moment now over the £ and moving very nicely, am hoping discount can get tighter than 10% we shall see, although has done very well last few months. The subscription shares offer a couple of months back at 61 p has been a winner.
loobrush
24/10/2016
11:52
Thanks , that research backs up your comment in August . . . .since when we've seen the share price storming ahead , faster than a stationary bullock cart . . .!
its a worry
11/10/2016
11:11
IGC correction ;)
coincall
11/10/2016
08:13
In India they have a saying . . ."oh yes sir , in India everything is possible" . . . of course you don't always get what you were looking for . . . but in the case of IGC things do seem to be moving in the right direction quite nicely , so i've bought a few more .
its a worry
07/10/2016
14:22
Investors beginning to see the value and potential here,perhaps this is the start of discount tightening as well,if so could well see a 10-15% gain on this alone.
loobrush
07/10/2016
14:12
Discount is widening cos nav is climbing hard - so good bet I reckon
luckymouse
06/10/2016
22:58
Well it hasn't narrowed for years. I've been a holder since the beginning
buoycat
06/10/2016
09:16
Asset value getting near a £1.00 now and share price starting to respond to this. I am still amazed that discount to assets is so large, a great bargain in my view adn surely the discount will narrow as more investors cotton on to this.
loobrush
06/10/2016
08:59
Seems to be continuing in an upward direction , is now higher than any point since 2008 .
its a worry
07/9/2016
09:12
The Nifty running at all time high . . . . .
its a worry
27/8/2016
14:41
Its just had subscription taken up of all sub shares at 61p raising £20 million extra funds, might take a little time to invest these and make a profit. However spoke to Chairman and he thinks extra liquidity will reduce discount from current 20% plus level to nearer 10%. Definitely a hold and if you don't have a buy.
loobrush
27/8/2016
06:33
Just pushed above that 70p line that's been the limit for so long . .
its a worry
06/7/2016
08:26
I did a 6 month tour of India last winter , travelling by train through 10 states . . . . my long winded previous comments on trying to get the correct price on anything still hold firm . . .but what we did see , everywhere , was construction . . .dual carriage ways and even motorways , high speed rail being layed right across central and northern India . . in Calcutta we stayed in an entirely new city with high rise and shopping malls, that has been built between the old city and the airport . . .the atmosphere , generally speaking , is one of modern progress bursting at the seams , albeit in a very Indian way . . the Hindu population are very happy with Mr Modi and i witnessed a prosperous and upbeat country surging ahead into the 21st century . . . . . there is still desperate poverty , but the ladies walking down the road balancing bundles on their heads , the guy selling fruit from a table in the market . . .these people all have mobile phones . . lets not underestimate the changes taking place here . . i think we are well placed in this fund .
its a worry
01/7/2016
14:33
Still way undervalued and at huge discount with Indian market on a fast rising trend-check it out, its been missed by the market at the moment.
loobrush
16/5/2016
18:40
Movin up now . . . .
its a worry
06/4/2016
11:31
Discount to assets now 40% way to cheap.
loobrush
19/3/2015
09:44
Still on a relatively big discount to NAV and looks like more cash is coming their way: "...August 2015 could be the first opportunity the Company has to increase its share capital by 50%, through the exercise of the subscription shares (at a cost price of 61 pence per share) ... the Board may decide to call for an earlier exercise of the subscription shares prior to their official expiry, in order to increase the size of the Company's assets at an opportune time to further invest into Indian equities" From the Final results: http://uk.advfn.com/news/UKREG/2015/article/65944573
mangal
13/3/2015
09:39
Discount to NAV seems rather too high when compared to other Indian ITs. Yes, I know, there are a large amount of sub shares in issue but that is accounted for in the published NAV.
mangal
12/1/2015
23:26
Not sure I'd call this share a top performer. I initially invested at 100p per share. Topped up all the way down to 24p so nicely in profit now
buoycat
08/1/2015
18:38
Asset value still at large discount here but some funds taking large position in this top performer. Wouldn't be surprised if the discount narrows soon. Irrespective of that this should do very well again this year. Its a great share. India index up 3% TODAY.
loobrush
28/10/2014
09:16
I agree loobrush,in fact through western eyes India is insane,but that is not to say it doesn't work , because it does. India was largely stuck in Victorian times when it came to the industrial revolution,but with IT they are very much with the front runners who are leading the way . Computer technology is something India has taken to like a duck to water ,and of course thanks to us they have the language to go with it . . . .however this does not mean they are going to give up the time honoured technique of slapping a way over the odds price on everything and sitting back to see what happens . So i am going to sit back as well , if this is an Indian fund run by Indians the pricing will be Indian , that shouldn't stop the value of the share price from rising as real value , which we will never know , does indeed increase . My concern is this .. . this fund performance roughly relates to the Bombay Mid cap index ,which in turn roughly relates to the performance of the Nifty . Despite the fact that this fund is made up of solid companies, and is well managed, it may be affected by global markets should there be a major downturn in Europe and the US. India suffered along with everybody else in 2008 and the de-coupling from western economies has not yet taken place . . apart from that i'm not worried .
its a worry
27/10/2014
10:41
Net assets now 68p price 51p That's 33% discount. Well this trust may always have a discount but 33% that's just insane.
loobrush
26/10/2014
13:28
I've held these since almost the beginning. Paid 100p for my first lot. They have always traded at a substantial discount to nav. Not sure that's set to change
buoycat
Chat Pages: 3  2  1
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