Blackrock New S Share Discussion Threads

[andrbea] 14/10/2010 09:28

2-day riser

one of the buys today was 52k (vol) = 1430 pounds

[andrbea] 13/4/2010 18:22

first up-tick in ages!

illiquid, so let's hope for more tomorrow

nia dyor

[randv] 14/1/2010 08:20

Thanks HoggetWood

[hoggetwood] 13/1/2010 16:15

Why did BRNS spike up in the first place? A combination of a good couple of weeks for BRNE, and news about massive off-shore wind schemes, I suppose. Sentiment evaporated this week. I had a very lucky escape in that I telephoned my broker [How old-fashioned can you get?]early on Monday and asked to buy some, but couldn't do so because I hadn't signed the paperwork to be allowed to trade in anything that smacked of a derivative. Saved by bureaucracy!

[andrbea] 13/1/2010 15:48

if the ord share price rises over time, I'm not worried. BRNS will play catch-up IMO.

[randv] 13/1/2010 15:46

Ouch! Bet they wished they hadn't now.......anyone know reason for drop.

mm's playing about, only a slight dip in the ord share price or just plain old selling?

[wskill] 08/1/2010 17:03

Someone paid 10p for 29755 shares looking good for next week

[kinbasket] 30/12/2009 09:23

On a NAV basis these are in the money and on a discount. As I said over on the BRNE thread a week or two ago, it'll only take a small revision to NAV and a little further strength in the USD and these will double. The underlying assets don't have to do anything.

These look cheaper now than ever.

[howdlep] 24/12/2009 08:31

Carbon prices plunged on Monday in the aftermath of the Copenhagen conference on climate change, dealing a blow to the credibility of the European Union's carbon-trading scheme. Prices for carbon permits for December 2010 delivery, the benchmark contract for pricing European permits, dropped nearly 10 % in early trading, before recovering to end the day 8.3 per cent lower at €12.41. One dealer described the market as like "a falling knife" but said that a rise in European gas prices had helped to support the carbon market, the FT reports.

Copenhagen glass half empty?

Carbon Contracts:




Copenhagen glass half full?

Lack of real agreement allows the world to focus its attention on securing a new deal.




BRNE chart close to its 2009 high. A break above 49p and the sub shares (BRNS which I hold) could have a real run.



BRNE v BRNS (sub shares still underperforming)



I want to be holding the sub shares (BRNS) going into 2010.

[wskill] 23/12/2009 16:13

Looking good now picked a few more up today cannot see BRNS staying around 6p for much longer surprised I was still able to buy at 6p

[andrbea] 23/12/2009 12:22

would have expected a rise ('cause brne, at a discount to its nav, is up today)

[howdlep] 11/12/2009 18:56

100k buy at 7p and 7.5p at the bell. Looks good for a further move up on Monday

[envirovision] 11/12/2009 14:58

I should be staggered if they dont regain 8p soon imo.

[howdlep] 11/12/2009 14:35

and with that up she goes. L2 now 2 v 2

[howdlep] 11/12/2009 14:34

L2 1 v 1

next three mm's on 7p, 8p, 8.25p

[howdlep] 11/12/2009 10:14

It will be intersting to see what develops from the Copenhagen climate change conference. Whether agreements are put in place immediately, whether they lag by several years or whether there is a total breakdown between developed and under developed countries and their rsponsibilities to each other.
Certainly there appears to be a new initiative from the US and Obama in particular. Sometimes we can find refernce in the most obvious of places but don't associate it with our own investments. For example, this is what Obama said in his Presidential Address on 21 November 2009:-



I refer to the following paragraph:-

"For example, if we can increase our exports to Asia Pacific nations by just 5%, we can increase the number of American jobs supported by these exports by hundreds of thousands. This is already happening with businesses like American Superconductor Corporation, an energy technology startup based in Massachusetts that's been providing wind power and smart grid systems to countries like China, Korea, and India. By doing so, it's added more than 100 jobs over the last few years."

So what is the significance of that?

Well, American Superconductor Corporation just happens to be the biggest holding within the Black Rock New Energy Trust, for which some of us hold the sub shares (BRNS).



The sub shares may just have a real run over the next few weeks/months, as agreements are put in place.

[ppowerscourt] 01/12/2009 08:42

thank you very much.

[howdlep] 30/11/2009 11:32

Details of the fund, including fact sheet, performance and portfolio can be viewed here:-

[howdlep] 29/11/2009 22:24

ppowerscourt,

Please read post 19 which includes a worked example.

The sub shares (BRNS) are linked to the main investment trust shares (BRNE). The expiry dates and exercise prices for the latter are:-

46p up to 31 July 2010.
50p thereafter until 31 July 2012.
59p thereafter until 31 July 2014.

[ppowerscourt] 26/11/2009 08:15

Morning All,

Alerted by a fellow investor, I'm looking into this.

Are the subscription shares similar to warrant shares? If so what is the life remaining? Thx.

pp

[envirovision] 25/11/2009 13:44

Great post howdlep, highlights the value of the warrants over the ord shareprice.

[howdlep] 25/11/2009 12:44

level 2 now 2 v 1 tickup to 6.5p offer next

[andrbea] 17/11/2009 14:27

reposted from wt thread (brns mentioned)



kenmitch - 17 Nov'09 - 14:20 - 2450 of 2451


mangal.

Sub shares like ADMS and several other Asian and Indian sub shares and warrants all look bargains at current prices. Yet apart from ADMS I've mostly sold out now, worried that the gains for these markets have mostly been had. It's been a sensational year both for their markets and for those of us trading them via sub shares and warrants with some like JIIS, JMCS, ADMS etc all five bagging or more. So though they look, and are, very cheap, that's not much good unless we are also confident about the shares continuing to go up too.

So fwiw I'm now looking at warrants and sub shares that have not done much.

e.g Black Rock New Energy - no rush to buy as the shares are doing nowt and the sub shares have been stuck around 6p or so for a while and might stay stuck a while longer. But once the shares get moving the sub share upside looks large. I bought these too soon.