Blackrock New A Share Discussion Threads

[praipus] 10/2/2011 12:06

BRNE are ordinary shares and BRNS are subscription (like warrants) shares. I think they are both ISA able.

[gilest] 04/2/2011 13:11

Whats the difference between BRNE and BRNS?
Can they both be put in an ISA?

[sagem] 24/1/2011 20:52

This was tipped in the Sunday Times page 5 TEN WAYS TO FINE TUNE YOUR PORTFOLIO IN 2011 (SELL OIL BUY NEW ENERGY)number 7 out of 10 ideas

[holly_dog] 06/12/2010 14:24

Guys a few things.

1. Rock is totally right. The point is, if I launched a takeover offer for BRNE at this price, and liquidated all positions, I would make a near 20% return. This happens from time to time, and is the definition of 'margin of safety', for those familiar with Ben Graham. Fantastic entry position

2. I think the key driver in this sector is financing. I have been trying to get my hands on a data set for financing provided to the sector over last 5 years. I think you'd get a very strong correlation, as when financing dried up so did the performance of the sector. It would be a great leading indicator, but I don't have access to this which I think is probably best source.

3. The fund has underperformed the environmental sector, but in the last 6 months this is not significant (-1.4% vs -1.8%,

It is a compelling investment because, if you buy now, at some stage the discount to NAV should close somewhat, making it a great entry point if you buy the green energy story

[r0cksteady] 09/11/2010 17:04

Hi guys, nice to get some discussion going. I think we all see the potential the renewable energy sector presents and that BRNE of late has failed to capitalise on that growth.

However unlike some other funds I follow (jupiter green), I feel BRNE is much more geared towards the producers and enablers of renewable energy (where i see most potential once this sector starts moving). Of late, the producers have found difficulties - american policy is certainly presenting a problem....but if the recent IPO of Goldwinds is a barometer for the sector, then hopefully things may start moving. Although i never thought when the fund was created that China might prove to be the largest market for BRNE's holdings....

[hoggetwood] 06/11/2010 12:40

R0ck: No criticism at all; just an observation. I sold out of BRNE at 46p many months ago, when it looked as if it wasn't recovering well from the sub-prime- triggered global crash. The decision seems to have been vindicated. However, as you imply, now might be a good time to re-enter the sector. But I'm far from convinced that BRNE would be the right vehicle.

[I take your point about discount, but discount is not much use unless one can sell at a smaller discount. In other words, to be useful to the investor, the discount need to get less during the time the investor is holding the IT. I see no signs that this is going to happen with BRNE in the next year or so, because I think a longish period of rising nav will be needed before investor sentiment turns positive again for this share. I'd like to be proved wrong.]

[hoggetwood] 06/11/2010 09:01

Have to agree with last comment. I believe also - but this needs checking - that at least one holding was sold at the depth of the sub-prime crisis at far less than the value to which it recovered. I'm afraid the word 'dog' springs to mind.

R0cksteady: You may very well be right about the sector in general. Your optimism and your use of the word 'bubble' remind me of the posts of Rainydays on the other BRNE bb...

[r0cksteady] 04/11/2010 16:24

This has got to be one of the safest investments going forward.

We are protected by a huge discount to NAV (>15%), financial markets are picking up, the US quantative easing will help stabalise markets further, China energy policy being developed.

Unfortunately the US energy policy won't be as comprehensive as the democrats have lost the house in recent elections.

HSBC have estimated that the renewable energy market will triple to $2.2 trillion in 10 years.

With the financial crises stabilising i am convinced that green energy will be the next bubble and with BRNE's long expertise in this area we are excellently positioned.

I've added heavily sub 40.

[r0cksteady] 29/10/2010 21:39

Looks like a breakout is underway.

Given the massive discount to NAV I see us pushing towards 50p...

[praipus] 14/10/2010 14:46

NAV 47.38p

[praipus] 14/10/2010 10:31

BRNS Subscription shares

[hoggetwood] 09/10/2010 23:59

Seems to be meeting resistance at 38.75... [Crass comment of the year, but the chart really is rather striking!]

[mctmct] 23/6/2010 15:26

RNS announced today Blackrock has crossed 15% threshold of DIAlight. They don't say which fund owns these shares, but DIA has been rising steadily.

[energiser01] 23/6/2010 13:27

NAV back up to 48p, seems to be on a steady rise. Shares may start to catch up and close the gap....

dyor etc...

[karldinnel] 18/6/2010 08:28

Wow! If you can't find that sort of information out for yourself, maybe you shouldn't be investing...

[arnit] 14/6/2010 11:40

In the annual report and the Final results.

[minky65] 12/6/2010 18:44

can anybody tell me where I can find exactly which companies this fund is invested in and by how much ? thanks.

[arnit] 09/5/2010 21:48

MSN Money.
Is the Energy Revolution the Next Investment Bubble?

"So for now, rather than backing any one stock, I'd play the wider sector through a fund. The BlackRock New Energy Investment Trust looks a decent play. It trades on a discount to Net Asset Value of around 8%, and it has exposure to wind, solar and smart grids among other key 'renewable' sectors."

[mctmct] 30/4/2010 11:50

This report from the Royal Academy of Engineering is worth reading:

[sunlightdays] 30/4/2010 10:44

Recommended offer for Climate Exchange, one of our core holdings.

The 750p offer is about a 50% premium to yesterdays closing price, but only the price the shres were at in 2008. Perhaps it is worth a penny on the BRNE asset value.

[sunlightdays] 30/1/2010 12:12

The IMF is to launch a $100 billion green fund. Hopefully this will provide a much needed boost to our sector.