Acencia Share Discussion Threads

[atholl91] 05/3/2013 10:54

Have a look at OAK - Oaktree listed on NYSE & run by Howard Marks one of the greatest Distressed Debt investors - DY 4% & he is up 50% since listing 1 yr ago.

[skyship] 04/3/2013 16:03

SOV - "Capital preservation and capital gain" - what more could one ask for. It's also my largest holding at 15% allocation...well in excess of my normal 10% MAX.

[seekerofvalue] 04/3/2013 15:10

SKYSHIP,
When I first brought this stock to your attention. I never thought it would garner so much interest or perform so strongly. Capital preservation and capital gain means that this now my largest investment.

Related news:

Distressed debt remains on the agenda for investors and hedge funds.
Energy group in talks to tackle $46bn debt February 26


Babson Capital Europe Starts Its First Distressed Fund in Region February 25

[skyship] 02/3/2013 09:44

BT - they are no doubt keen to get the average H1'13 discount down to below 10% so as to negate the 20% tender. Neither here nor there for us really.

[badtime] 01/3/2013 17:22

Another small purchase by Sndlwd..thy obviously see value at 94p

[gary1966] 28/2/2013 09:49

Picked more up this morning on that slight dip to round off the holding. All done now.

[gary1966] 26/2/2013 18:49

Nice to know they followed my lead. Never knew I was so influential. :-)

[badtime] 26/2/2013 18:20

Welcome GaryJust the 10k this time by sandlwd..still they r happy to pay 94p

[gary1966] 26/2/2013 16:52

Picked up quite a few today as it looks like I won't be buying a house in the near future and so don't get excited about all the buys. Totally uninformed investor clinging on to Skyships coat tails for this one and the feedback from Tilts when he met them in January.

GLA

[badtime] 25/2/2013 17:18

another 50k at 93.75

[badtime] 25/2/2013 15:13

All good stuff

[skyship] 25/2/2013 14:15

Sandalwood's investment funds buy another 100k @ 93p - see RNS in Header

[badtime] 20/2/2013 18:05

Good to see a 70k director buy

[badtime] 14/2/2013 10:06

They are going to need a seller if they do start a buy back and don't want the share price to get overheated

[tiltonboy] 14/2/2013 10:02

No, I think it is a seller that has been a supplier of stock. There is more size around at the moment, and on both sides of the equation.

[skyship] 14/2/2013 09:58

Tilts - what do you make of that 350k @ 91.64p? Any chance of a buyback would you say?

[badtime] 14/2/2013 09:57

91 and I definitely would....it's been a nice 'feel safe' investment to date ..one just doesn't want to get too greedy or complacent

[skyship] 14/2/2013 09:52

Certainly would if not already over my usual self-imposed limit of 10% MAX. Because of what I deem to be the security here, I've allocated 15% - but would only exceed that as an arbitrage play in the final few months of its life.

[tiltonboy] 14/2/2013 09:51

I'm the 91 bid.

[badtime] 14/2/2013 09:46

But would you add? 100k buy at 92.5

[skyship] 14/2/2013 09:35

Don't mind how it comes.....just keep on coming!

================================================
14 February 2013

As at the close of business on 31 January 2013 the Company's Estimated Net Asset Value per share was as follows:

Ordinary shares - 105.05p

This reflects an increase of 1.6% versus the Net Asset Value per share on 31 December 2012.
================================================

[tiltonboy] 14/2/2013 09:30

Great start to the year with a 1.6% rise in January. Be happy with that every month until wind-up!!!

I would guess currency had a big part to play rather than asset appreciation.

[badtime] 14/2/2013 09:30

NAV..up again

[yieldsearch] 29/1/2013 20:59

Sold today a few as it is on low discount vs nav but will be happy to buy on a blip

[dendria] 29/1/2013 18:29

Edison have just released an update (Tue 29/01/13):





Following for some time but don't hold.