Blue Planet Share Discussion Threads

[webcab2] 21/2/2006 12:17

BPW, BPL are crest settled where as BPFU is not, this may be one reason for BPFU being better value since on some brokers will trade it. BPFA is not tradable and forms a conponent of BPFU which is actually a bundle of 10 IT's, the reason why there are 10 (identical) ITs which make up BPFU is that it was constructed in the days of demutualisation, and hence having 10 legal entities meant 10 times the pay-off when a Building Society went public.

[mad4it] 21/2/2006 11:22

I notice BPFA is in the top gainers today. That's 4 BP funds that I can find:
BPFA, BPW, BPL and BPFU. Any more out there ?

Would some kind person explain the difference between all these Blue Planet funds, as I can't find much info ?

[ursamajorra] 21/2/2006 11:15

before the next rise.

[slips] 21/2/2006 11:14

BPW now coming down to reality - quite a bit more to go I suspect

[easy74] 21/2/2006 09:20

thank u cambium. much appreciated.

[cambium] 21/2/2006 09:08

no probs easy

[easy74] 21/2/2006 09:06

hi guys, can anyone set up a BPFU board on ADVFN?

[slips] 20/2/2006 17:24

On todays NAV

BPW - 15% premium
BPL - 2% premium
BPFU - 25% discount

Agree, definetly makes sense buying BPFU and maybe holding onto BPL as the momentum is there.

[webcab2] 20/2/2006 15:11

Sorry, posted twice

[webcab2] 20/2/2006 15:11

I liquidated all my holdings over the past three days, I have always viewed markets as being manic depressive and this is as about as manic as it gets. As Foster said even on a relative value basis switching into BPFU makes more sense than holding BPW.

Anyone, remember PCT.L in 98-03?

[foster] 20/2/2006 14:40

I think there will be more than usual interest in the weekly NAV declaration, due out later today. BPW is currently at a premium of 18.6% to last week's NAV.

[midasmonkey] 20/2/2006 14:00

These are going crazy. Can anyone tell me the reason ? Thanks in advance.

[easy74] 20/2/2006 11:11

thanks foster.

[foster] 17/2/2006 17:19

easy...marketmakers would accept individual sell orders to a maximum of only 500 shares; makes it difficult to sell a larger holding in a hurry.

I am nervous and have switched into BPFU. Recently the investment remit there was extended from Europe to worldwide. Is it possible that BPW and BPFU will be eventually merged? Meanwhile I am more comfortable with the relatively large discount to NAV of BPFU.

[gorse] 17/2/2006 17:00

This trust has been going bonkers. Mid-2005 it was at a near-30% discount, and now it's approaching a 10% premium. The recent chart is like a sheer cliff face. I'm a fundamentalist, not a chartist; so I've sold the lot.

[easy74] 16/2/2006 11:50

foster...can you please clarify what u mean by your last paragraph?

[easy74] 16/2/2006 10:03

guys...been looking to invest in this and blp but not sure as the share price has risen and risen...knowing my luck it will drop when I buy.

Any advise for the short term in this Trust?

Thanks in advance.

[foster] 15/2/2006 14:06

Agreed. According to Blue Planet's website, BPW is now trading at a premium to diluted NAV. This compares with a discount at the start of this year of over 25%.

So be careful - the last time the price fell sharply (mid January) the market size was reduced to only 500 shares.

[ben gunn] 14/2/2006 13:02

Yes, too nice so a teeny bit overbought I fear.