Quarterly High Income Trust Share Discussion Threads

[crazi] 30/7/2002 09:39

What's going on here????? Can someone explain the sudden rises?

[petebarnes] 29/7/2002 13:24

uk global wahts with NWD you know something i dont

[petebarnes] 29/7/2002 13:24

uk global wahts with NWD you know something i dont

[petebarnes] 29/7/2002 13:24

uk global wahts with NWD you know something i dont

[crazi] 25/7/2002 14:38

What's the latest on this share guys?

[ukglobal] 24/6/2002 07:57

get into nwd this is gona rise quick dont miss out

[redsonning] 06/6/2002 10:04

Pat: You are correct. Anyone buying here needs their head examined. The trust is almost devoid of assets after accounting for the bank debt. The Ords have no realistic prospect of seeing any money, either divs or assets. The jumping around of the offer price is just the market makers way of making poor fools think that something is happening. Look at the bid price - the market makers have no intention of ever paying more than 0.25p and they only pay that because they know there is the occasional fool coming along who will take it off their hands at a "cheap" 0.45p or even more.
Anyone who wants to learn more about these situations should search out redsonning's instructive comments which can be found attached to various other split caps.

[pat o hat] 05/6/2002 22:05

It is a dead duck of a split capital trust -- divi suspended last Nov (hence sky high "yield" if that still shows) -- all funds dedicated to paying off the zeros -- NAV would tell the tale I suppose

[goldstar] 05/6/2002 20:42

Not sure, but there seems to be something going on!!!! Somebody is expecting something!! Question is what??