We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
M&G Inc Inv | LSE:MIV | London | Ordinary Share | GB0030826639 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 10.00 | - | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
22/9/2004 15:45 | NAV 26p+ and 21p on the offer | praipus | |
21/9/2004 09:09 | tiltonboy, Thanks for your comment. So the question is can the portfolio grow by an average of 5% per annum over the next four years? The last interims unaudited show 7.4% growth in net asset value over the six months.... 25% of the portfolio is in Bonds and the spread of equity investments quite broad though weighted toward financials and Oil&Gas. Downside risk minimal IMHO and a strong buy at these levels. Praipus | praipus | |
16/9/2004 11:16 | Praipus, Not as exciting as it first looks. The NAV of the Ords might well be 25.77p now, but much of that will accrue to the ZDP's over the next four years. Taking net assets of £173.3m, and a total cost of redeeming the ZDP's at their final entitlement leaves just £37m, or 13p, for Ordinary shareholders. Let's say that the trust pays out 2p per year to Ordinary shareholders, then they should receive in the order of 8p in dividends. So with a terminal NAV of 13p, plus 8p in dividends, you will be paying 21p for 21p. If their assets fall by 20% over the next four years, there will be no capital payout at all. This stock is a highly geared play on the market going up, and gives little downside protection. tiltonboy | tiltonboy | |
16/9/2004 10:47 | NAV 25.77p 21p on the offer | praipus | |
09/9/2004 14:22 | Strong buy IMHO | praipus |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions