Blue Planet Investment Share Discussion Threads

[rogerbridge] 27/7/2016 12:08

Wealth manager,Milton increased stake to 14% wide 30% discount to NAV and 8% divi!

[rogerbridge] 25/7/2016 17:23

Another uplift in the NAV.

[quepassa] 15/7/2016 08:10

Went xd yesterday to tune of 3p.
Pay date 23rd. Aug.

ALL IMO. DYOR.
QP

[quepassa] 13/7/2016 08:53

unwarranted discount to nav.

this discount to NAV is far too wide in my opinion even allowing for the characteristics of the trust.

ALL IMO. DYOR.
QP

[rogerbridge] 13/7/2016 08:26

It does not take many buys to move the price, 49p NAV and 3p dividend to come.

[rogerbridge] 10/7/2016 21:31

Bought some after the sell off 3p dividend soon and a large discount

[quepassa] 17/5/2016 08:30

Great recent performance.

an analysis of their portfolio holdings reveals some interesting stock-picks.

I see no reason why they shouldn't rapidly regain an share price level into the 40's as twelve months ago.

ALL IMO. DYOR.
QP

[quepassa] 10/5/2016 09:35

Picking up speed.

With a NAV of 46.5p against the current sp, not surprising.

ALL IMO. DYOR.
QP

[quepassa] 25/4/2016 13:51

Just released. Latest RNS.

The discount to NAV is jaw-dropping and -even allowing for thin liquidity- quite undeserved:



5/04/2016 12:24pm
UK Regulatory (RNS & others)


TIDMBLP

Blue Planet Investment Trust plc (LSE: BLP)

NAV and BID PRICE at 22 April 2016.

Blue Planet Investment Management Ltd announces that at close of business on 22
April 2016 the unaudited Net Asset Value (Cum-income) for the above trust was
48.20 pence per share. Investment values are calculated using BID prices.

The closing share price at BID on the London Stock Exchange on that date was
33.00 pence per share.




ALL IMO. DYOR.
QP

[quepassa] 25/4/2016 13:24

Good to see a little more interest in Blue Planet.

ALL IMO. DYOR.
QP

[quepassa] 20/4/2016 14:13

Their NAV surged 7% last month for March but the share price stayed the same.

The Investment Trust that the market forgot? A tasty tiddler perhaps.

Big bid-offer spread and tough to buy in a very thin market.

Very large discount to NAV even allowing for its exotic qualities

Now that they publish their full portfolio frequently/monthly adds some comfort.

Good spread of shares in the portfolio. No massive dominant positions. The very high yield currently looks well supported.

Some of the shares/positions which a year ago would have looked like barge-pole territory are now really coming into their own. This is encouraging.

They show a NAV of 47.81pence versus a mkt price of 33p ( be prepared to pay a penny over the odds for size).

ALL IMO. DYOR.
QP

[topvest] 10/8/2015 18:45

Page 1 of the accounts; it's actually worse than that at 3.77%.

[rcturner2] 10/8/2015 16:52

Where do you get that figure from? What adds another 2% to the fees?

I compared the July portfolio to the Jan portfolio (the full list) and it hasn't change much at all, less than 25% churn I would think.

[topvest] 10/8/2015 16:18

Ongoing costs are about 3.5% I believe! Also, transaction costs are high as they turn their whole portfolio every 6 months or so and these costs are on top.

[rcturner2] 10/8/2015 16:11

Thanks topvest.

Annual fee is 1.5% which is high but not astronomic?

[topvest] 10/8/2015 16:09

More of the same in my view. Moderate performance outweighed by high costs. Having said that, they did do quite well about 10-15 years ago. I will hold my few as almost not worth selling.

[rcturner2] 10/8/2015 08:41

topvest, what do you think the future holds here? They are overweight financials I see, but otherwise is this not a boring equity income trust, with a decent yield and a decent discount (for new buyers at least)?

[topvest] 23/7/2015 20:37

Cheap for good reason. An unhappy holder!

[malcolmmm] 22/7/2015 19:07

Bounced, still cheap

[malcolmmm] 27/5/2015 08:58

Bid is almost 50% lower than nav , due a bounce?

[malcolmmm] 25/3/2015 19:30

I still got some, managed to sell half at around £2 years ago, good div now and they have risen from a low of 16p but don't seem to be going anywhere lately even after the revamp.I think they keep going to give themselves a good living.They should wind this up and distribute the capital back to shareholders.

[topvest] 18/3/2015 21:16

Agreed. The biggest "dog" investment trust award is secured. Unfortunately, I still own some. Remember having tried to sell them about 10 years ago and couldn't. Since then it's been downhill. They over trade and have too high costs. Rubbish!

[erstwhile2] 18/3/2015 18:51

Always has been on a monster discount (bar 2006-7 mania I think), and always will be. Ken Murray is an unreliable steward and a particularly poor stockpicker/market timer. Sorry to dash your enthusiasm, hope you're right, no dog in the fight.

[ntv] 18/3/2015 18:06

discount is huge and a good yield
well undervalued

[dendria] 05/2/2015 19:14

They sold out of BNC 9 Jan 15.