Blackrock World Mining Share Discussion Threads

[davebowler] 20/5/2020 11:52

...extract The Trust also includes a weighting in gold companies. Gold has been a beneficiary of the recent turmoil in markets, as investors have worried about the impact of their stimulus measures on the value of currencies and financial assets. Gold has preserved its value over the long term, which is an attractive quality in today's uncertain environment. The opportunity cost of holding gold – because it pays no income – is also greatly diminished at times of lower interest rates. Around 40% of the portfolio is currently exposed to companies in precious metals, of which 90% is gold.

[davebowler] 20/5/2020 11:47

hTTps://www.blackrock.com/uk/intermediaries/products/investment-trusts/our-range/blackrock-world-mining-investment-trust/trust-information/insights/mining-resilience-amid-crisis?

[davebowler] 20/5/2020 09:57

37% in precious metals yet its at a discount of 14% to NAV.

[davebowler] 18/5/2020 09:47

Precious metals miner effect I presume.

[orinocor] 14/5/2020 20:23

sorry wrong thread

[poikka] 14/5/2020 18:08

With a 7% yield covered 1.1 x by revenue reserves, plus, it appears to me, a massive special reserve available for distribution, this continues to have great appeal.

[poikka] 14/5/2020 17:59

Can't argue with that.

[davebowler] 05/5/2020 14:03

HTtps://www.merian.com/gb/en/intermediary/insights/the-irresistible-glow-of-the-gold-miners/

[action] 06/4/2020 15:37

Unable to receive live quotes .

[action] 28/3/2020 12:03

Try to sell at lowest discount and buy at highest discount as per history below.

[action] 28/3/2020 11:34

BRWM current asset is 300p. Ie 11% discount. Highest discount 23%appxLowest discount 8% appx

[arja] 27/3/2020 15:03

davbebowler , not sure where you got your figures from as ADVFN shows well over 300 . seems to be a much bigger discount than normal as market so bearish

[action] 26/3/2020 10:49

20.56% correction

[action] 26/3/2020 10:49

Hl shows estimated value 319.61.Discount of 29.56%.

[davebowler] 24/3/2020 17:13

The unaudited net asset values for BlackRock World Mining Trust plc at close of business on 23 March 2020 were: 276.50p Capital only (undiluted) 282.60p Including current year income (undiluted) XD

[fraser038] 23/3/2020 22:35

Not at the bottom yet. We could see sell orders below 160 before 2021.

[madengland_] 23/3/2020 15:33

This is a falling knife worth catching, but not brave enough to put my hands out quite yet.

[action] 23/3/2020 11:59

Newmount mining removed forward guidance.

[action] 17/3/2020 15:54

Mining and gold shares up . But look at BRWM price.

[action] 13/3/2020 12:54

The share price do not go up or down with underlying security. DYOR.

[johnhelme2704] 27/2/2020 19:05

end of year results published tonight...outstanding....dividend increased by 22% but just for this year (not year on year)...Funded by special dividends from constituents in portfolio

[andyj] 27/2/2020 12:48

Just goes to show that when panic hits the market, it does not matter where your money is.

[wskill] 18/2/2020 21:04

Over 30% in gold and precious metals will that include the diversified miners gold holdings maybe not but with gold now through 1600 this will suit me with the 5 percent yield.a safe haven could be .

[davebowler] 02/1/2020 15:57

Tipped here- hTTps://trustintelligence.co.uk/articles/crystal-balls-dec-2019