Share Name Share Symbol Market Type Share ISIN Share Description
Blue Planet Investment Trust Plc LSE:BLP London Ordinary Share GB0005327076 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 27.00 25.00 29.00 27.00 26.50 26.50 0.00 08:00:04
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 0.6 0.1 0.1 385.7 13

Blue Planet Investment Share Discussion Threads

Showing 51 to 75 of 325 messages
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older
New Star Fin - just type in the epic NST and it will come up (do not confuse it with New Star Asset Management) Nephin
what company is nst?
thanks for all your input guys.....appreciated.
Easy74: If you are interested in these hot ITs have a little look at NST. Good luck Nephin
easy74 If you look at the BPW share price price it was at a 20% discount also just a few weeks ago, it has only in the last 2 weeks for the first time overtaken the NAV - I think it too is at a risk of a correction soon. Few things to note about BPL and BPW are that both are highly geared which partly explains the spectaciular rises and consequently there can be even bigger falls. Having said this, I think this year would be a great period for the banks and in the second half of last year till now we had merger and takeover activities which experts predict to continue well into the year. Especially as the big western european banks get interested in their eastern european counterparts and also it is predicted that there will be massive growth in Russian, Turkish, Polish banking sectors as there mortgage markets take off and eventually mature. So in conclusion, both would be great investments but one needs to time it right - don't buy at the top and sell at the bottom - i'm sure as with all equity investments there will be opportunities
joeycooper where did you get that figure from
Blue Planet Financials Growth & Income I.T. units are still on a 20+% discount.
thanks slips. I understand where your coming from but for example BPW share price and the nav differ greatly and that has not stopped BPW soaring northwards.
easy74 I got in at 1.48 last week but will personally wait now to see where the NAV goes to on the 20th. I would not buy if it is at a premium especially because the share price has risen sharply in Jan/Feb when it was at a 20% ish discount.
is it worth buying into this trust guys....all feedback welcome. cheers.
Going up through the roof!! Its now on a premium on the NAV price of 13th
what can one say
Fund Manager's Review In January, our net asset value ("NAV") rose by 10.5% to 160.94p, a record high, and the Trust outperformed its benchmark index, which rose 3.3%, by a considerable margin. Our share price continues to rise strongly, up 23.7% in the month, 110.9% in the last year and 291.5% in the past three. This month's catch-up in the share price means that the discount to net asset value has narrowed to 12.4%. The Trust continues to be ranked 1st out of all 20 investment trusts in its sector, the European Sector, both in terms of NAV and share price appreciation over one year by Trustnet. As regards the Trust's performance against all conventional investment trusts; it was ranked 4th out of 245 for NAV appreciation and 4th out of 260 for share price appreciation both over one year, by Trustnet. We realised profits on two of our holdings during the month; PKO Bank Polski in Poland and ABN Amro in the Netherlands. New investments have been made in Den Norske Bank and Turkiye Garanti Bankasi. Den Norske Bank is located in Norway, which is one of the stronger performing European economies. The bank is rapidly increasing its efficiency and diversifying its earnings and we believe its share price does not yet reflect the bank's future potential. Garanti Bank in Turkey is a rapidly expanding bank that is in our opinion well placed to benefit from the economic growth in Turkey and the development of the mortgage market in that country. Two of the companies we are invested in reported results in January 2006. Both were excellent. • BBVA reported its full year 2005 results. Net Income (NI) rose 30.2% to €3.8bn, Earnings per Share (EPS) increased by 29.5% to €1.122, Return on Equity (ROE) was up to 37.0% from the 33.2% reported last year. Domestic business in Spain was strong, but the main profit driver was their businesses in the Americas, predominantly Latin America, where net profits increased 52.3%. • Deutsche Bank reported their preliminary 2005 full year results. NI was up 53% to €3.8bn, EPS increased 64% to €7.25. Cost-to-income (CIR) improved significantly to 73.7% from the 79.9% reported in 2004. This year has seen good profits by investment banks, and Deutsche Bank's full year results were boosted by a very strong 4th quarter of 2005.
spread is wide, looks like some big orders in the pipe line?
Yes thanks Jhan interesting post. Roller coaster ride today again! Best regards to all holders Z
Thanks jhan66 appreciate your reply
Hi Cottlet, Bit of related info repeated below from August last year. I know Sperbank is 9th largest holding of Baring Emerging European IT (BEE) too, but don't know how easy it is to get into directly. MOSCOW, November 16 (RIA Novosti) - Sberbank, Russia's largest state-owned savings bank, will increase its net profit by 37.3% year-on-year to more than $2 billion in 2005 according to Russian Financial Reporting Standards, First Deputy Chairman at Sberbank, Alla Alyoshkina, said Wednesday. Alyoshkina said the bank's assets would reach $88 billion by the year's end vs. $69 billion at the start of the year, while its capital base would be $8.5 billion vs. $6 billion. She added that the figures might change when the revaluation of assets was taken into account. Return on equity is expected at 26.6% against 26.3% in 2004, with a 2.7% return on assets vs. last year's 2.5%. The deputy chairman said Sberbank might also close deals to purchase banks in Kazakhstan and Ukraine before the end of the year, and split its shares to increase its capitalization in 2006 ------------------------------------------------------- The undisputed leader of the Russian banking industry with the market shares of 62% in deposits, 50% in retail lending, 32% in commercial lending, 29% in aggregate assets of the Russian banking sector. The Bank of the Year 2004 in Russia (The Banker). The largest bank in Central and Eastern Europe, the 1st on The Banker's Top 100 Banks from 27 transition countries and 152d on The Banker's Top 1000 Banks of the world. Sovereign ratings from Fitch and the highest in Russia from Moody's. Sberbank= 16.7% of BLP, also 14.6% of BPlan worldwide & 17.3% of BPlan growth.
The guys on Bloomberg have been speaking of late about European banks merging. Could BLP benefit from this? Seems a good way into Sperbank. It's not possible to buy into this Russian bank through the LSE or is it?
Murray's purchases were not market impacting - he bought 33,351 shares of BPFU which is precisely the number of shares which were recently held by BLP (the "European" one - they are all the same really) Similarly, he bought 146k BPW, coincidentally the same number of shares of BPW held by BPFU at the last release date I don't doubt also that the 45k purchase of BPFU comes from the 68k holding of BPFU by BPW In other words, the cross shareholding of the blue planet trusts is somewhat cleaned up and Murray has lifted the lot on a 25-30 discount rather than a simple share swap from each of the trusts. There is always a danger with a large shareholder that minority investors get what might not be best described as "acts in their best interests" Nevertheless the whole move into emerging europe was very fortunately timed which is beneficial for all investors. When does the discount improve? When Murray wants it to. As simple as that. He is effectively full on BPFU without having to make a bid for the remainder, but I doubt any corporate action is imminent as his management company cleans up on fees from all three trusts. I expect he has hoovered up a lot of the warrants too.
Kenneth Murray got annother 45,000 shares on 13 Jan 06 and now has a holding over 28%
Thats mainly why the fund was set up in the first place, to benefit from takeovers and mergers as more countries join the European Union
There is a lot of speculation about mergers and takeovers in the European banking system. This is a good way into this sector. I purchased a few days ago.
Good news. While I was posting yesterday, chairman and CE, Kenneth Murray, was busy purchasing another 2.456% of BPFU (33,351 shares) at £16.275, to bring his total holding to 25.43%.
The NAV performance of the three Blue Planet trusts since July last year has been outstanding. IMHO the high discount levels are an anomoly that will correct itself. Whenever the discount on any of them falls to 30 I regard it as a buying oppportunity. Currently BLP and BPW prices have responded to the recent rise in NAV and the discounts now stand at 18.2 and 19.5 respectively and could come down further. The BPFU price however got left behind. This seems to happen from time to time and after a while it then corrects itself in line with the other two. Its discount is currently 32.8 so, rather than BLP, BPFU is the one I am currently buying. In the last two days the price has started to move. Compare the three price charts over 3 months. Note that TrustNet's NAV data is out of date... for the latest information look at Blue Planet's website... http://www.blueplanet.eu.com/
Both funds continue to buy SPERBANK (Russia) with holdings of 18.3% and 20.3% I've never seen a fund so heavily invested in one specific share before! Discount to NAV now fairly low in historical terms at 17% but with BPFU at 29% - seems highly anomalous to me but switching's so expensive!
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older
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