Blackrock New A Share Discussion Threads

[gsands] 02/4/2009 17:55

RD - be careful with your dollar longs. The charts suggest to me that the GBP has bottomed.

[gsands] 02/4/2009 15:07

Sorry RD. This post was intended for another BB!

[gsands] 02/4/2009 15:06

On the postive side, the US stockmarket is going well. I just wonder what it will do when it hits this overhead resistance?

Edit - corrected chart entry now:

[gsands] 02/4/2009 15:04

I think we now have the answer as to why there is such a discount to NAV.

This chart could fall hard from here and upset the GBP valuation of the fund (which is largely invested in US stocks).

[gsands] 31/3/2009 20:55

If one zooms out a bit, one can see how far this chart could potentially fall:

[gsands] 31/3/2009 20:53

This isn't going to help the NAV valuation.

As far as I can see, this chart has topped and a big correction is pending

[gsands] 30/3/2009 21:31

Are you long USD/GBP?

[gsands] 30/3/2009 21:08

Checking out the underside of this topping pattern before heading lower again?

Let's see.

George Sorros' comments over the weekend will not have helped GBP at all...


free stock charts from www.advfn.com

[gsands] 30/3/2009 11:59

Added to my position here.

c26% discount at the moment.

Madness.

[werock] 28/3/2009 02:19

I think when the price of oil and gas hit $100, which will be sooner than we think, we'll see increased urgency to alternative energy again. Current energy prices make the companies complacent about new investment in clean energy. I think oil will hit new high in a couple of years or may be less. Then using clean energy will make more economic sense than fossil fuel. The companies that the trust invet in are at least making some money.

[kinbasket] 27/3/2009 08:23

It depends on your timescale. Direct correlation is great for the short term. I can buy here today for a 20% discount. I am buying a lot of the same companies as INRG but for 20% less. I'm also getting fund management in the deal. Over an extended period I expect the discount to close and possibly even become a premium as the sector hots up over the next few years. There is effective gearing in buying ITs at a discount.

For a trader INRG mkaes more sense. For a long term sector investor BRNE is the better choice IMHO.

[gsands] 26/3/2009 18:51

Yep - this is looking like the place to be at the moment:

[simon gordon] 26/3/2009 17:52

What is the point of holding this fund when you can get a direct correlation with INRG?

[kinbasket] 25/3/2009 16:39

This is all wrong ?

The share price is down again and the underlying investments continue upwards. Discount is now 20%

Tonights NAV will be interesting.