Share Name Share Symbol Market Type Share ISIN Share Description
British Empire Trust LSE:BTEM London Ordinary Share GB0001335081 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.00p -0.28% 703.00p 702.50p 704.00p 704.50p 700.50p 704.00p 112,902 16:25:08
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 16.8 14.3 49.1 867.21

British Empire Trust Share Discussion Threads

Showing 126 to 149 of 150 messages
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DateSubjectAuthorDiscuss
11/8/2017
11:06
July factsheet out: Http://www.british-empire.co.uk/content/uploads/2017/08/British-Empire-2017-JULY.pdf Full exit from Hudson's Bay, BTEM seems to have been annoyed at the management's lack of desire to make gains on the property portfolio. They do not indicate a loss for exiting - it is implied they sold on a share price rebound - but they do not craw about making mucho dineros either. A lot of poker chips have been shifted to Japan, which I think is a good move. More money injected in Pershing Square despite another upset.
vacendak
10/8/2017
15:37
HTtp://citywire.co.uk/investment-trust-insider/news/british-empire-trust-discounts-could-narrow-further/a1040372?ea=252901&re=48493&utm_source=BulkEmail_Investment+Trust+Insider+Weekly&utm_medium=BulkEmail_Investment+Trust+Insider+Weekly&utm_campaign=BulkEmail_Investment+Trust+Insider+Weekly
davebowler
07/8/2017
13:23
NAV up to 791.5p # 10% discount provides an share price of 712p # 5% discount provides an share price of 752p
skyship
07/8/2017
10:04
spob - thnx for that - good to see BTEM breaking out to new highs...this deserves to rate a discount of 5% or less, rather than the current 10%/11%.
skyship
07/8/2017
09:24
Http://www.dailymail.co.uk/money/investing/article-4763820/BRITISH-EMPIRE-TRUST-Three-string-approach.html
spob
01/8/2017
09:21
@SKyShip It did and it is done. Obviously I had heard of tinyURL, but... well, brain-freeze. Thanks.
vacendak
01/8/2017
07:40
Vacendak - try using TinyUrl. If this works then replace into yr post and we have the thread back as it should be: http://tinyurl.com/ybdcuw3q
skyship
31/7/2017
19:20
Good spot. Given the size of third point this would represent at least a 5% position,so we might hear about it on the next update. US hedge funds seems to be a new theme then after purchase of Pershing Square. Third point seems to have good performance though and on 15% discount
riverman77
31/7/2017
18:22
Have a declared 3.13% interest in Daniel Loeb's Third Point (TPOG)
langostino
28/7/2017
14:22
Something in the press: http://tinyurl.com/ybdcuw3q
vacendak
19/7/2017
10:46
Link taken from the British Empire website: Http://citywire.co.uk/investment-trust-insider/news/british-empire-still-a-discount-play-as-elliott-fades-from-view/a1034582 Elliott Advisors is out, they have sold a bit (through CFDs), taking a juicy 35% profit, and their stake has now fallen below 5%. As the article says, they may never have had any "activism" in mind when they got into BTEM after all. Mention is made of the recent forays in Pershing Square and Japan.
vacendak
17/7/2017
12:10
HTtps://www.fundstrategy.co.uk/british-empire-trusts-bauernfreund-investment-trusts-holds/?cmpid=em~newsletter~fs_latest~n~n&utm_medium=em&utm_source=newsletter&utm_campaign=fs_latest&adg=7B585D29-AB77-4683-BD38-CCFAE5440F4C
davebowler
07/7/2017
15:53
I was about to post that one! :) Just received the email about the factsheet. The play on Hudson's Bay seems to be coming to a close. As stated in the document, it is becoming less likely for them to profit from an IPO on the real-estate assets out of the holdings. Good news about Japan.
vacendak
07/7/2017
15:46
hTTp://www.british-empire.co.uk/content/uploads/2017/07/British-Empire-2017-JUNE.pdf
davebowler
26/6/2017
08:28
British Empire might score big with Hudson's Bay in the near future - as they have always stated. This is premium access from the FT in their Lex Mercatoria column: "Hudson’s Bay: Street fight" Https://www.ft.com/content/093ea77c-582b-11e7-9fed-c19e2700005f Excerpt: "LBI has its eyes solely on the ground. It owns of 4 per cent of Hudson’s Bay stock. With the US physical retail sector collapsing, LBI wonders why Hudson’s Bay bothers to salvage an apparel business when it could just sell or rent its floor space to the likes of Tesla, or Apple or a Wall Street bank. Ditching retail looks more appealing every day. After a disastrous first quarter, Hudson’s Bay said it would slash 2,000 jobs and find C$350m in annual cost cuts. Its shares have fallen more than two-thirds in the last two years leaving it with a market value of just C$2bn. The company admits that the equity value of its property portfolio alone is worth $C8bn." And this is the letter sent to the Hudson's Bay board by Land & Buildings Investment Management: Http://landandbuildings.com/downloads/LandB_HBC_Press_Release_6-19-2017.pdf
vacendak
14/6/2017
15:08
The factsheet for May is up. Http://www.british-empire.co.uk/content/uploads/2017/06/British-Empire-2017-MAY.pdf The mystery Japanese investment has likely been revealed: Toshiba Plant Systems & Services. They had been mentioning for a while a position in Japan that had been re-entered. I assume this is it.
vacendak
13/6/2017
15:11
12/6/2017 Net Asset Value -- Debt at market value: 773.82 pence
davebowler
15/3/2017
14:56
The new factsheet is up: Http://www.british-empire.co.uk/content/uploads/2017/03/British-Empire-2017-FEB.pdf Positive read again, no complaint.
vacendak
15/3/2017
14:31
13th March 2017 was as follows: Net Asset Value -- Debt at par value: 767.56 pence Net Asset Value -- Debt at market value: 761.48 pence
davebowler
24/2/2017
13:43
Kinnevik has been mentioned in an article about Rocket Internet in the FT (premium content). Https://www.ft.com/content/f6e9ade0-f9b8-11e6-bd4e-68d53499ed71 Relevant bit: "The shares [Rocket Internet] tumbled 11 per cent on Thursday after Kinnevik, a former collaborator, halved its stake to about 7 per cent through a €210m placing." and this: "After selling half its Rocket shares at €19.25, a 10 per cent discount to the previous market price, Kinnevik was still able to claim a sixfold return on its invested capital, including dividends and scrip."
vacendak
17/2/2017
15:30
Full page manager interview in this week's IC.
spectoacc
15/2/2017
11:22
They have a policy of having fewer but bigger holdings, so I think a lot of it is reinvesting in their favourites
jimcar
15/2/2017
09:20
BTEM gone under 3% on BRWM - had escaped me that they even held BRWM. BRWM had a stunning run but struggling to sell it here whilst the discount's so wide - particularly compared to eg BRCI. What interests me more with BTEM is what they're buying instead? If eg DCI, EGL & BRWM no longer floats their boat, where are they seeing much better value?
spectoacc
13/2/2017
10:34
Big jump by 10p this morning, now a bit more muted 3p up.
vacendak
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