Miton Uk Microcap Share Discussion Threads

[topvest] 16/5/2015 07:58

Not sure, but I would suspect they will be charging the majority of expenses to the capital account. Either 2/3rd or 75% is what I would expect.

[jonwig] 16/5/2015 05:41

No, I'm not complaining - I just wondered whether my interpretation was the right one!

[topvest] 15/5/2015 20:48

They raised about £49m net so they are level at the moment. Give them a chance!

[jonwig] 15/5/2015 07:17

Daily NAV including income is consistently below NAV excluding income (48.92p, 49.12p respectively on 14/05).

I can only think the reason is that they are accruing charges and receiving no income. Allocation is 3:1 on capital : income.

[topvest] 01/5/2015 20:03

So it looks like they struggled to get this away with Woodford Patient Capital at the same time. Looks like the only way they could get to £50m was by Miton Group taking £3.5m. Well I suppose it's good they support their own trusts to get them away. The trust will generate £0.5m of fees per annum. If they aborted it would have cost them £0.5m or so.

[jonwig] 01/5/2015 06:54

Yes, the small size is important: it's just impossible to stock-screen £200m worth of very small companies and get outperformance.
Up to 10% in unquoted companies, too.

If MINI gets 3% of any company, the company must issue an RNS even if MINI doesn't. I'll try to keep track of developments.

[wingrove4] 30/4/2015 23:16

I bought in on this tiny compared to Woodford but a good stock picker in charge I hold Diverse which has done well. The smaller size £50m as opposed to £800m could work to his advantage

[topvest] 30/4/2015 21:33

Opened at a small premium as expected. Will be very interested to see how this develops and what holdings they take.

[jonwig] 30/4/2015 08:04

More detail to follow.

[jonwig] 30/4/2015 08:03

. .



~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

30/04/15: Commencement of dealings in the first issue of 100m shares at 50p.
04/08/15: Further issue of 8m shares at 53.6p. Total 108,000,000 shares.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Holdings (updated 15 May 2015):
Miton Group ........................... 7,000,000 7.0%
Brewin Dolphin ........................ 6,057,250 6.1
Investec Wealth & Investment .......... 5,329,420 5.3%
Bradford Council ...................... 4,000,000 4.0%
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

[mr_phil] 12/12/2002 13:05

have a look at software security such as
i think all the hardware has comparable security, additional software protection seems to do the trick.

[seela] 12/12/2002 11:22

Am buying a Xmas pressie for someone with a valuable clientbase that they like to keep confidential (No, its NOT Cynthia Payne!).

Which palmtop has the best security features to stop competitors etc. nicking their clientbase contact details if they nick their palmtop (they work in a very competitive sales environment where everyone is self-employed, and they do not even trust their "colleagues" with their client info)?

I don't think they need too much functionality or processing power - just the ability to find telephone numbers and basic data easily.

Is it possible/much hassle to encrypt the data on a palmtop?



Am also thinking of buying myself a pressie (or dropping the hint to someone else) - perhaps a palmtop computer with wireless access to check my shares when I'm out.

I would need some decent processing power to access charting sites etc. in an emergency, but preferably small enough to fit in my pocket.

Any geeks out there with suggestions?



Cheers

S