Utilico Emerging Markets Share Discussion Threads

[energiser01] 07/11/2010 13:00

UEM still performng strongly with Sp of 165, up nearly 2%, but its own NAV up at around £1.77 from £1.74 on 31st.

UEM's top 10 nearly all postive (8 out of 10), Sichaun Expressway +17.7% and Int containers still on a good run up another +4.88% and CCR up 5.68% in brazil.

Be interesting to see how results from Ocean Wiliams sons investment portfolio side of things is up around 27% (23.2 real to 29.29 real on the 4/11/10) plus what looks like positive period for the other half of the brazilian business. I believ q3 figures should be out on 12th November for OC sons.

dyor etc...

[energiser01] 04/11/2010 18:06

I estimate NAV above £1.77 now, based on my model.

excludes currency and portfolio changes, I'm not aware of.

dyor etc.....

[cnx] 04/11/2010 17:46

what a great chart for last 20 months
now my largest aim holding
the asian influence will sustain this for some time ahead

[energiser01] 02/11/2010 08:42

strong performance by Int Containers overnight in Malaysia, up around 10.5% now since 26th Oct.

dyor etc...

[energiser01] 01/11/2010 19:43

UEM NAV should be upto around 176p now from 174p on Monday 26th.

dyor etc.

[energiser01] 13/10/2010 10:38

Top holdings all still performing well.

Malaysia airports uparound 5% since start of Oct.

ICT - up 25% since start of Sept

Wilson sons up over 20% since Aug interims, 10% in oct (58% + owned by Oceans Wilson), should underpin further increase in NAV of Oceans Wilson, which we know is significantly above current share price

Also helps UTL with its core holding in UEM...

dyor etc....

[praipus] 09/10/2010 09:49

Clusium: "Happy to hold either" ditto.

Krishall: any chance of adding to the header please.

[clusium] 08/10/2010 19:35

Praipus - I might have gone for UTL but was put off by the spread. Bought UEM instead. Happy to hold either.

[praipus] 04/10/2010 16:45

My thinking however clumsy is that UTL offer exposure to UEM through 26% of the fund being committed there and margin of safety with UTL's share price discount to NAV. Plus exposure to gold, utility and infrastructure holdings.

Just a thought.

[davebowler] 04/10/2010 16:07

Yes , buying the Ords plus the say, 2016 Zeros cuts the gearing to a more reasonable basis but I like these better.

[praipus] 04/10/2010 15:53

I buy the zero's too.

[mangal] 04/10/2010 15:33

That 37% discount is a bit deceptive because it doesn't take into account the zero liabilities in full.

[praipus] 04/10/2010 14:09

While Utilico UTL languish at a 37% discount.

[davebowler] 04/10/2010 13:37

JPMorgan Global Emerging Markets Income Trust plc at 111.50 are at a 4.7% premium to asset value.

[davebowler] 26/8/2010 08:41

Aberdeen Latin American Income at a c.7% premium;

[davebowler] 17/8/2010 11:26

New JPMorgan Emerging Markets Income I.T at a 9% premium to asset value whereas this is at a 10% discount!

[davebowler] 04/8/2010 09:35

Now back to its Sept 08 price - its pretty resilient and still at a good discount to NAV

[energiser01] 12/7/2010 11:41

Someone splashed out £200k on Friday lunchtime for 150k shares here, so someones v.confident this is going to benefit from the current strategy.

dyor etc..

[energiser01] 07/7/2010 11:58

More buybacks. could boost share price to close gap to NAV

dyor etc..