Blackrock New A Share Discussion Threads

[hoggetwood] 18/9/2009 21:24

See no reason why it shouldn't repeat its pre-crash performance, though I admit it's a bit slow getting started...

[walter walcarpets] 18/9/2009 19:17

because I have looked at it with a great deal of interest but not bought in yet :>(( when I buy, the price will plummet LOL

[hoggetwood] 18/9/2009 18:35

Two blue days in succession for BRNE. What's the world coming to?

[garth] 09/9/2009 06:52

Alphahunter - sold mine a while back and have put the money in AAT - might be worth a look for those interested in another slant on new energy.... Hoping they may perform well over the next year.

[spangle93] 11/8/2009 06:12

Not Enough Oil in the Pipeline, Warns IEA

Monday, August 03, 2009

Depletion of crude supplies from existing oilfields is taking place at more than twice the rate previously predicted and as a result a supply shortage is just around the corner, warned the International Energy Agency (IEA).

According the Agency's latest assessment of more than 800 of the world's largest oilfields, global demand is set to peak in 10 years, as opposed to in 20 years as previously thought.

The increasing shortage in tandem with the leading exporting countries failing to invest proportionally in exploration and production, and in alternative energy sources leaves the world facing the reality of oil taps drying up, and fast.

The report by the Paris-based intergovernmental organisation found that in fact production levels at the world's leading fields has already peaked are now in decline.

The IEA estimates that the decline in crude production in existing fields is now running at 6.7% per annum, compared to the 3.7% per annum forecast back in 2007. The Agency readily acknowledges that its own estimations were wrong.

The combination of depleting levels of supplies and a falling rate of new reserves has the left the industry on a path towards a devastating 'supply crunch' that will cause an unprecedented spike in prices, and see a boost in political might of those countries exporting the remaining reserves.

Fatih Birol, lead economist with the IEA said that impending shortages both threaten world economic recovery and should worry western nations whose economies depend upon a higher level of oil than they currently produce

"One day we will run out of oil, it is not today or tomorrow, but one day we will run out of oil and we have to leave oil before oil leaves us, and we have to prepare ourselves for that day," commented Birol – who is charged with the task of assessing future energy supplies by OECD Countries.

In an astonishing analogy Dr Birol said that even if demand remained steady, the world would have to find the equivalent of four Saudi Arabias (the world' leading producer of oil) to maintain production, and as many as six Saudi Arabia to keep up with the expected increase in demand between now and the year 2030.

So, what is Birol's answer to this wide-reaching problem? "What we need to do is accelerate the mobilisation of renewables, energy efficiency and alternative transport.

"We have to do this for global warming reasons anyway, but the imminent energy crisis redoubled the imperative," he said.

[dan10] 05/8/2009 13:22

rainydays-back to talk of bubbles in 'new energy'- I once bought some lastminute.com for around £1, it collapsed to only about 10p. I forgot about it for some time in disgust, then some months later I found I had made my original investment back. It had effectively gone up 10 times in the interim. So you might just make your money back yet!

I will check out any (remaining) bombed out new energy stocks when have spare cash- which now fully invested in JRVS and CRND

BRNE seems a good 'safe' play though, already picking up (may all be held up if general correction in market happens to take place of course. BRNS is a nice leveraged version of BRNE

[gsands] 31/7/2009 23:17

Cable moving higher, which is bad for the dollar denominated earnings of US stocks held by BRNE.

[cutyourlosses] 23/7/2009 21:12

Nice gift, put me into profit!

[cutyourlosses] 23/7/2009 13:34

Thanks for that, but further to this, is it possible to get a quick rule of thumb pricing for these? My issue is that people who have not worked out the price, are gambling that they are worth their current price - and the common sense in the market is driven by the big players who actually have the money to move markets.
Working out possible pricing for instance in terms of growth based on different %ages per year, ie. 10%, 20% etc. So for instance a growth of 10% pa, over the next 2 years would leave us with a share price of 55p ish, still not possible to make money on the BRNS. But if continued growth of 10% over the next 2 years then after 4 years, you can....
Is 10% per year possible - it is then open to faith......

[cutyourlosses] 22/7/2009 09:09

Is this BRNS a bit weird really...
A share represents the future value of a company, as represented by the market, therefore not only does it take into account the current actual sellable value of a company, but it also takes into account the growth of a company over the next variable period. This is presumably if you have done your maths right, the value you are willing to pay according to how long you are going to hold etc.

Ok, so BRNS act like warrants, and are currently 10p to sell. This means the share price would have to rise to 10 over the 46p at some point, and more later on, if you are to realise a profit on them as the purchase price of the shares is set by BRNS shares.

If the future of the company value is set in the shares, or assumed, then how can BRNS be 10p at the moment, without BRNE actually rising to represent this price?
That is 56p? Is this a situation where you should be selling BRNS and buying BRNE to take advantage?

[dan10] 20/7/2009 12:29

Thanks rainydays. Looks like price you have right to buy at depends on NAV as at 14th July 09 + time-dependent premium (which initially only 1% on top)

[dan10] 20/7/2009 12:13

I recently bought BRNE and ended up being given 5% of the value worth of my holding of BRNS for free. Nice!! If BRNE should go up, BRNS could go up disproportionately, being like a warrant.

But does anyone know basic information e.g. 'in the money' price, expiry date etc???

Many thanks

[karldinnel] 17/7/2009 17:57

I have, but my ISA trading account says I have to speak to a dealer in order to sell them rather than just press a button. Strange!

[karldinnel] 17/7/2009 16:00

Hello. I've had a number of these subscription shares added to my ISA and I didn't take up my rights. Is this a mistake by my ISA company or do I get them automatically?

[a0148009] 16/7/2009 13:36

EPIC Code BRNS price 4 - 7p

AO