Perpetual Income&growth Share Discussion Threads

[rrr] 01/8/2013 17:34

I see the expiry date is approaching. Just looked at how to subscribe but it looks very complicated, may be better to sell the subs in the market now?

[rrr] 08/7/2013 13:38

Good day so far!

[robotface] 26/4/2013 11:10

Seems a lot of big sells today?

[jaf111] 25/4/2013 20:33

Yes certainly a nice day BUT subs still trade on a discount of over 10p......

[rrr] 25/4/2013 13:37

Nice day so far.

[argoal] 06/3/2013 09:20

The underlying is on the move.

318.25 at the las count. So these should be £1.00.

Might buy a few more.

[spin doctor] 05/3/2013 09:05

I'm interested!

Six months to close; that discount will disappear. And a market making progress. And a quality fund that is itself leveraged a little.

Still good value at 85p.

[jaf111] 24/1/2013 10:52

More of a "lurker" on the Warrants thread....but have followed PLI / PLIS for many months and have had several good trades in PLIS......

[rrr] 24/1/2013 10:47

Good to hear from you JAF - the previous post being 3 years ago, I thought maybe no one was interested any more! Good luck.
rrr

[jaf111] 24/1/2013 10:43

Agreed rrr....amazing that trading at such a discount......over 10p so should be 80p rather than 70p!!!!

Fingers crossed (as a holder of PLIS) that the market wakes up to this!!!!!!

[rrr] 24/1/2013 10:32

Bought some here yesterday. Seem very good value.
rrr

[washbrook] 19/2/2010 12:40

latest factsheet.

[chopsy] 25/11/2009 12:49

Thx for the factsheet btw.

[chopsy] 25/11/2009 12:48

I'm watching and waiting. There could be a general market dip then I might buy.

[washbrook] 25/11/2009 12:16

Although I only hold resource stocks in my portfolio I am tempted to hold a bit of leverage with this sub.
Latest fact sheet
-------------------------------------


Last night the ordinary=205p-Sub offer 32p
The calcultions are
Capital Fulcrum Point =6.3594
Gearing 6.406
Premium 21.95

[washbrook] 25/8/2009 13:01

2009(25.9.09)
Sp=202.1 FTSE 4882.7 FTSE per S.P=8261.9
2009(25.9.09)
SUB=30.5p FTSE 4882.7 FTSE per SUB=4326.93
See above
Maybe it is a good time to take a risk on the SUBS could be hedged with epic code SM96 -ie FTSE Covered warrant PUT 4100(March 19 2010)

[washbrook] 25/6/2009 08:26

Maybe of Interest :the Ordinary shares:-


..... nav . share price . FTSE .... FTSE per S.P
1997 111.0 105.5 4312.9 4312.9
FUNCTION.....on share price v FTSE=40.880568(calculation 1997)

1998 152.4 148.7 5932.2 6078.9
1999 151.0 127.3 6295.3 5204.09
2000 136.2 103.5 6540.2 4231.13
2001 156.6 133.5 5633.7 5457.55
2002 173.6 157.3 5271.8 6430.5
2003 115.5 112.0 3613.3 4578.62
2004 174.8 163.0 4385.7 6663.53
2005 208.4 197.8 4894.4 8086.17
2006 262.9 249.4 5964.6 10195.61
2009(25.9.09)
Sp=202.1 FTSE 4882.7 FTSE per S.P=8261.9



FIGURES ARE FOR.... 31st of March ending


SUB 31.3.05= 34.5p FTSE 4894.4 SUB v FTSE= 4894.4
FUNCTION.....on SUB v FTSE=141.86666(calculation 2005)

SUB 31.3.06= 59.5p FTSE 5964.6 SUB v FTSE= 8441.0
SUB 15.2.07= 80.5p FTSE 6433.3 SUB v FTSE= 11420.2
SUB15.3.07= 69p FTSE 6094.4 SUB v FTSE= 9788.8
2009(25.9.09)
SUB=30.5p FTSE 4882.7 FTSE per SUB=4326.93

[washbrook] 02/9/2008 11:38

EXERCISE PRICE 218.34p, year to run 5,Share price227.5, warrant price 41.75p


CFP=3.28586635
GEARING = 5.44910179
Premium =14.3252747
The CFP or capital fulcrum point

If the share price rises by 4% compound per annum would give a result of 290.35p
if you subtract the Exercise and present warrant price the sum would be 260.09.
therefore it would be better to hold the SUB instead of the Share.

[washbrook] 01/9/2008 10:38

PERFORMANCES SINCE 31.3.2005
NOW @10.39 am
SUB 40.75p
ORD 222.25
FTSE 100 5591.3
------------------
FTSE 100 =5591.3
ORD =5710.13
SUB =5781.06

[washbrook] 08/8/2008 21:53

Maybe of Interest :the Ordinary shares:-

..... nav . share price . FTSE .... FTSE per S.P
1997. 111.0 105.5 4312.9 4312.9
1998 152.4 148.7 5932.2 6078.9
1999 151.0 127.3 6295.3 5204.09
2000 136.2 103.5 6540.2 4231.13
2001 156.6 133.5 5633.7 5457.55
2002 173.6 157.3 5271.8 6430.5
2003 115.5 112.0 3613.3 4578.62
2004 174.8 163.0 4385.7 6663.53
2005 208.4 197.8 4894.4 8086.17
2006 262.9 249.4 5964.6 10195.61
figures above are for 31.3 ending
2008 25/1....247.6 227.3 5740.1 9292.1
7.8.2008 221.5 ftse 5477.5 =9055.0
---------------------------------------
FUNCTION.....on share price v FTSE100=40.880568
outperformance by share price at 7.8.2008= 65.31%

------------------------------------------------
SUB 31.3.05= 34.5p FTSE100 4894.4 SUB v FTSE100= 4894.4

function for SUB :- 4894.4/34.5=141.86666
function for ORDINARY :- 4894.4/190.5 = 25.692388
SUB 31.3.06= 59.5p FTSE 5964.6 SUB v FTSE= 8441.0
SUB 15.2.07= 80.5p FTSE 6433.3 SUB v FTSE= 11420.2
SUB 15.3.07= 69p FTSE 6094.4 SUB v FTSE= 9788.8
SUB 25.1.08= 56.5p FTSE 5740.1 SUB v FTSE= 8015.46
SUB 7.8.08 = 39.75 FTSE 5477.5 SUB v FTSE= 5639.2


outperformance by sub at 7.8.08= 2.95%

[washbrook] 08/8/2008 14:12

at 2.07pm 5454 offer September FTSE 100 future- unrealised priofit £6030.
plis 54402@37.5p bid = £20387.8(inc charges)
=£26417.8
Original cost £15088.5( including charges)
RUNNING PROFIT £11329.3

[washbrook] 08/8/2008 13:44

purchased 30000 subs at 50p cost £15088.5( including charges)
Sell FTSE 100 JUNE futures at 6197 @ £20 per point.
Closed at 20.6.08 FTSE 100 5620(577x£20=£11540 profit)
purchased24402 subs with profit
Total holding54402 subs cost£15088.5
Sell September 2008 Ftse 100 future strike 5655 @£30 per point.