RAB Special Situations Company Share Discussion Threads

[rambutan2] 30/1/2006 16:44

no and no.

[repooh] 30/1/2006 15:36

can someone inform me if we can expect dividends from this (RSS), if so when ?

[tinvan] 30/1/2006 15:06

Does this share qualify for CGT taper relief?(I presume not.)

[rambutan2] 30/1/2006 13:35

rssa still offering over 7x gearing which pretty unusual for a wt which now staring to get well in the money, albeit on a fairly volatile share.

[dunnie] 30/1/2006 13:25

Trader,
the nav published today was up from about 1.31p to 1.38p and rssa is up a mere 5.8%,but rssa was up 58% on Friday so most of the rise in the nav was already in the price.
Regards

[trader horne] 30/1/2006 12:59

So RSS continues to surge forward as we all expected. RSSA is in-the-money 23p yet the price fellback from 19 to 18, due I suppose to volatility - the exercise date is still 3 months away. (I understand options but not warrants). I continue to hold my sixpenny RSSA.

[trader horne] 30/1/2006 12:59

So RSS continues to surge forward as we all expected. RSSA is in-the-money 23p yet the price fellback from 19 to 18, due I suppose to volatility - the exercise date is still 3 months away. (I understand options but not warrants). I continue to hold my sixpenny RSSA.

[dunnie] 30/1/2006 08:15

Asset Value(s)

RNS Number:6066X
RAB Special Situations Company Ltd
30 January 2006

RAB SPECIAL SITUATIONS COMPANY LIMITED (the "Company")



The Directors today announce that the estimated Basic Net Asset Value per
Ordinary Share based on the estimated value of the RAB Special Situations Master
Fund provided by the Investment Adviser as at 26 January 2006 was 138.07 pence.
This has not been adjusted for any potential warrant exercise dilution.


Enquiries to: Collins Stewart Fund Management Limited
No 1 Le Truchot
St Peter Port
Guernsey GY1 4AE

[rambutan2] 29/1/2006 18:36

energyi, perhaps you could put this link in your header?



someone was asking about the underlying holdings of the fund. even in their monthly factsheets rab only publish the top 5. by working your way through these rns it's possible to at least get a broader idea of what they hold on the london mkt, which makes up approx two thirds of nav.

[exmooroil] 27/1/2006 17:58

Plenty more upside in RSS"A" Wts before 31 May 2006.
RAB Special Sits Fund(LP) NAV/share relating to Thursday's close is about to be declared. Today's move in FOGL, OXS will show in next week's figure, but today's gains in these holdings alone could be significant.
All continued good news for RSS, RSSA, RSSB, and, of course, performance fee collector RAB Capital.

[trader horne] 27/1/2006 16:58

too bad hac, why ever not? Not often you get the chance for some fat leverage in AIM. 300% return in 2 months and that's only so far.

[hac29600] 27/1/2006 13:33

more like whooooooooooooooooooooooooooosh! 14.5p to 17p. I haven't got any RSSA

[trader horne] 27/1/2006 11:55

This morning:- whoosh! 11p to 16p. I love you RSSA.

[dunnie] 25/1/2006 20:10

rambutan,
there is good two way business in the shares and the warrants at the moment because of the recent rise in the funds nav,it makes sense to lock in some profits although i think the fund is in for a good Febuary/March but tends to have a correction in the summer months.
Regards

[rambutan2] 25/1/2006 18:51

some big trades today, including buys.

[trader horne] 24/1/2006 13:43

and RSSA is up 40% this morning !

[dunnie] 24/1/2006 12:21

energy1,it's up around 25% month to date.

[energyi] 24/1/2006 10:58

What has RSS done for me lately?

[rambutan2] 24/1/2006 10:57

and look at those wrrs go today.

given its track record this should trade at par and im sure it will settle around there or thereabouts.

[dunnie] 24/1/2006 09:22

energy1,
given the funds ability to grow it is not beyond the realms of imagination that the share price could trade at a premium to the nav,don't forget RSS is invested in the highly succesful RAB Special Situations Fund which has grown by 1.277% in 03,50% in 04 & 22% in 05.
Regards

[energyi] 24/1/2006 08:19

Basic Net Asset Value per Ordinary Share based on the estimated value of the RAB Special Situations Master Fund provided by the Investment Adviser as at 19 January 2006 was 130.85 pence

--Date-- --RSS- --NAV-- -Disc. --HUI- --GBP- PdHUI PH/NA Ratio
25.Aug/5 102.11 103.79A - 1.6% 201.29 $1.800 111.8 1.077 94.7%
15.Sep/5 103.79 108.50A - 4.3% 229.19 $1.800 127.3 1.173 81.5%
29.Sep/5 105.50 113.63A - 7.2% 248.36 $1.764 140.8 1.239 74.9%
30.Sep/5 104.50 114.50A - 8.7% 245.19 $1.763 139.1 1.215 75.1%
06.Oct/5 104.00 112.27A - 7.4% 237.40 $1.780 133.4 1.188 77.9%
31.Oct/5 101.49 105.79A - 4.1% 222.84 $1.770 125.9 1.190 80.6%
17.Nov/5 100.75 105.88A - 4.8% 246.47 $1.719 143.4 1.354 70.1%
30.Nov/5. 99.83 109.83A - 9.1% 243.44 $1.729 140.8 1.282 70.9%
31.Dec/5 105.11 121.93A -13.8% 276.90 $1.719 161.1 1.321 65.2%
06.Jan/6 112.25 127.63E -12.1% 305.08 $1.771 172.3 1.35E 65.1%
19.Jan/6 119.50 130.85A - 8.7% 308.80 $1.759 175.6 1.34A 68.1%
23.Jan/6 126.00 131.00E - 3.9% 306.07 $1.786 171.4 1.31E 73.5%

IF Rss's NAV is continuing to follow HUI, then
the discount is getting squeezed down to low levels.
May be time to think about selling

[dunnie] 24/1/2006 08:15

Meridian Up 93% today.



Meridian Petroleum plc

Holding in Company


The Company has received notification that, following a purchase of 875,000
ordinary shares of 5p each of the Company ("Ordinary Shares") on 21 December
2004, RAB Special Situations LP now has a notifiable interest in 14,760,000
Ordinary Shares, representing 26.08% of the Company's issued share capital.


This information is provided by RNS
The company news service from the London Stock Exchange
END

[trader horne] 23/1/2006 12:52

and RSSA follows, now well in-the-money.