Strategic Equity Capital Share Discussion Threads

[damanko] 26/10/2010 18:29

Speculative buy in last weeks Chronic Investor, though the gist of the article had more to do with the prospective winding up - and realising close to NAV - than with the quality of the management since inception.

Or the quality of their subsequent investments.

Difficult to argue with any of that.

[edwardt] 18/10/2010 14:04

i agree with you but suspect in your day there was simply less transparency in detailing performance!

it is a last throw of the dice and is a pretty clear indication that they are up against it when the vote comes.

[edwardt] 22/9/2010 15:30

i thnk on the contrary they were lucky to buy some off 3i at the bottom of the market - very accretive to nav. The november vote is nearing and the mm's are moving up the bid price accordingly. the discount remains anomalous.

[damanko] 01/9/2010 15:27

Aye, some more than others though. This one had the (bad) timing to have a wedge of its portfolio wedded to SVG's private equity holdings, and is suffering from that - as well as some listed picks that were impacted badly by the credit crunch.

Where there's hope though...........

[edwardt] 01/9/2010 14:33

interesting that framlington innovative growth and invesco english and international have voted to throw in the towel as listed companies. If SVG had a unit trust to roll this into, i think this would be a nice way for them to hold onto the assets whilst giving a material uplift to shareholders. I think the signs are good that listed funds are becoming worth more dead than alive!

[damanko] 20/8/2010 15:25

Quite right. Latest stated NAV is in the order of 40% more than the share price, the board has some work to do in the next few months.

[edwardt] 20/8/2010 12:21

november continuation vote is key- it still trades at a wide discount given the fact shareholders may well want to collapse the trust.

[damanko] 18/8/2010 13:06

No comments, in almost 4 years. Does this mean no small / private shareholders? Possibly. Doubtful. Though it could be that the woeful record of this Investment Trust since the thread was posted has put people off.

Funnily enough it was one of the IT sector's best performers last year, but from a low base.

[edwardt] 26/2/2010 14:42

4 imprint had some great results yesterday with shares up 24% - one of this funds top holdings. The trust has not reacted.

Also the discontinuation vote is set for November and as the shares now trade on some 27% discount. There has to be scope for this to narrow. Those on the share register who don't want to buy into the longer term strategy should at least get a reverse tender if the majority want to stick with SVG post 2010.

[edwardt] 11/12/2009 17:37

the shares are very interesting at this level, especially as there will be a vote about winding the company up in a year or so. A hedge fund is agitating for this to happen. Potential return from this alone make an entry point from here compelling and should offset the risk of the underlying holdings. That aside, the underlying are all recovering well and are not on demanding valuations.

[pillion] 22/12/2008 16:22

Is this turkey toasted for Xmas ??

[energyi] 17/3/2004 13:25

try this also:

[barnetpeter] 25/5/2003 11:27

Come on Securicor holders, any views on this stock? Interims out on Thursday. Special divi of 12 pence a share due to holders at the end of next month, massive vols. Surely companies such as this must have good prospects with increased security needs? The bigger the potential for terrorism, the more this company should benefit.

[barnetpeter] 12/5/2003 18:40

What is going on with this one? Special divi of 12 pence a share due to be paid back next two months. Moving 7% every day, which for a 350 stock is a lot. They should b doing well from increased security. Any whispers?

[timbo003] 21/2/2003 18:58

Bobstar02

Maybe they have, but I wouldn't go back, even though I enjoyed it at the time (despite the ridiculously long hours).

My current compensation package is probably comparable to a secondary school head, okay, I don't get the long holidays, but I have no direct reports and I don't get the constant hassle.

[bobstar02] 21/2/2003 18:41

timbo003 ... perhaps things have changed since then ..

[timbo003] 21/2/2003 18:28

I did it for 9 months after leaving Uni, that was enough (I didn't like working 9-9 monday to Friday plus more at weekends), left the post for a job in industry, 50% more money and much shorter hours and an easier job (that was 20 years ago!). I've never looked back.

[bobstar02] 21/2/2003 18:19

whats teaching like as a profession ?

what are the rewards ?

[indieman] 13/3/2001 00:12

Lex,
THE ANSWER ADVFN!

Get the EPICs from Top Lists/Sector Indices and then use Chart. It works.

Regards,

Indie

[dorsey] 12/3/2001 23:10

Lex. The offer is still there if you wish to join our SB challenge (see my new thread)

Dorsey

[luthor] 12/3/2001 22:19

That's brilliant, guys. Thank you all. Bluto, found the Schwartztrends.com exactly what I was looking for. Indie, thanks for the offer of the data - think I'll use schwartz for the moment.

I thought you guys might like to know what I would do with this data. I am looking to add to my list of investing strategies and am running a paper trade system based on investing in stocks that are trending in the same direction of its sector. That is, short falling stocks that are in sectors that are falling and the reverse with stocks that are rising.

Thanks again.
Regards Lex