Cqs Natural Resources Gr... Share Discussion Threads

[washbrook] 17/1/2010 09:06

For those who are interested in this stock, this an interesting podcast by Rick Rule.

[washbrook] 16/1/2010 15:22

UPDATED SPREADSHEET NAV-SP-DISCOUNT-GOLD GBP

[washbrook] 15/1/2010 11:52

SEE UPDATED SPREADSHEET 16.01.2010

[washbrook] 14/1/2010 13:46

DECEMBER 31.12.09
UPDATED TODAY




By any standards, 2009 was a hugely exciting year for the Trust with both the share price and asset value more than doubling,
accompanied by a substantial dividend increase. In looking forward to 2010, it would probably pay to adopt a somewhat more circumspect view.
Although gold came in for profit taking in December, we still take the view that there is another leg of the bull market yet to take place.
By no stretch of the imagination can it be said that the relevant shares have participated fully in the upward move of the gold price itself,
so it might just be that the gearing element may change in favour of gold stocks.
We believe that another important factor for our markets might be increased movement in corporate activity.
Some growth economies such as China tend to be light in natural resources and we anticipate that the energy sector in particular is of special interest.
There is a huge expansion in the Chinese nuclear industry with an anticipated ten new reactors being planned,
scheduled to start construction in 2010 and further plants planned thereafter*. Interestingly,
little mention is made as to where the physical uranium might come from and huge undeveloped deposits such as those
operated by Extract could be of particular interest. We believe that the rare earths sector will continue to perform well and the Trust
is well represented with holdings of Neo Material Technologies and Lynas Corp. If we were to make one prediction,
it is that currency upheavals will continue to dominate.
It remains possible that sterling could have another disappointing year which would have a positive effect on the portfolio.
2010 promises to be another exciting year.

[washbrook] 12/1/2010 15:31

SEE UPDATE 15.01.10

[washbrook] 11/1/2010 09:01

Gold Strong accross the board this morning.
US$=1156.9
A$=1243
CAN=J$188.6
EURO=796.88
GB£=717
Yen=106833
US$ index weak at 76.978

[washbrook] 10/1/2010 13:01

Last 4 dividends.
0.55p-XD 28.1.2009 pay 27.2.09(announced 21.1.09)
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0.55p-XD 28.5.09 pay 28.5.09
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1.42p-XD 5.8.2009 pay 28.8.09
---------------------------------
0.62p-XD 28.10.2009 pay 27.11.09
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Therefore next dividend announcement due around 21 Jan 2010

[washbrook] 08/1/2010 13:28

See updates below

[washbrook] 07/1/2010 09:46

I have drawn a graph from the 2009 bottom.
Notice how on occasions CYN outperforms BRWM.
Then they equalise.BRWM is slightly outperforming.
It will be interesting what happens in the next few days.
CLICK TO ENLARGE GRAPH
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[washbrook] 06/1/2010 08:27

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TRUSTNET puts nav at 233.24p on last nights close on a 18.78% discount.
now very attractive.

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BRWM UPDATE NAV for 4.01.2010(inc Inc)
688.23p
Sp=559p
Discount 18.78%
Still attractive
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[jonnyboy1] 05/1/2010 17:14

NAV opening up a wide discount again after todays rises i have it at a 20% discount which is crazy in this sector. A great trading buy at this price with possible corporate action in EXT which makes up over 10% of this fund.

[washbrook] 05/1/2010 12:28

I notice that Blackrock World Mining has been doing well in the last 12 trading days.They have much bigger capilization stocks than CYN.I expect if the rally continues CYN will start to outperform.
CLICK GRAPH TO ENLARGE
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[washbrook] 05/1/2010 12:16

31.12.09 update
NAV=223.63p
SP=189p
discount to NAV=15.5%
Becoming attractive
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NAV UPDATE for18.12.09
CYN=188.0p
NAV=216.61p
DISCOUNT-13.2%
-------------------------------

NAV UPDATE for9.12.09
CYN=186p
NAV=218.58p
DISCOUNT-14.9%

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NAV UPDATE for 2.12.09-CYN -
NAV 225.62p
SP=190
-15.79% discount.

[washbrook] 04/1/2010 14:43

CLICK ON GRAPH TO ENLARGE

[etarip] 31/12/2009 15:37

Write up in Investors Chronicle p46
"...could be further upside over the long term..."

[washbrook] 23/12/2009 08:53

For those who are interested in Gilts.
Since 22.12.2008:-15 stocks are in positive terrority. Forty one stocks are negative terrority.
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The best Index Linked 1.875% 2002 is up 7.77%.
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The worst 4% Consolidated is down 16.91%

[washbrook] 23/12/2009 08:43

For those who are interested in Gold in various currencies.
I update this every day.
It is currently at 9.56.
Twice in the Dow 30's history it has been one.
Also notice how the euro has moved down against $ gold since 2nd of DECEMBER2009 a 5.9% move in such a short time,also Sterling Gold has moved down 4.06% over the same period.
Here is the table:
- US Gold.

[washbrook] 23/12/2009 08:16

CYN-BRCI(Blackrock Commodities I.T)- BRWM(Blackrock World Mining IT)


% change since 22.12.2008
CYN= 143.26%
BRWM= 136.22%
BRCI= 66.22%


PLEASE CLICK GRAPH TO ENLARGE

[washbrook] 22/12/2009 12:34

In my view 4 good stocks through troubled times.
Henderson Asian Inc(candlestick)
Edinburgh Dragon (BLUE)
CYN(Green)
BRWM(dusky pink)
City Natural ResourcesHigh Yield Trust
Winner of 'Investment week-Investment Trust of the year 2009for Best Specialist Trust)
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CLICK TO ENLARGE






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22.12.09 CLOSE

[washbrook] 22/12/2009 10:14

NAV UPDATE for18.12.09
CYN=188.0p
NAV=216.61p
DISCOUNT-13.2%
-------------------------

NAV UPDATE for16.12.09
CYN=189.75p
NAV=216.89p
DISCOUNT-12.5%
--------------------

NAV UPDATE for9.12.09
CYN=186p
NAV=218.58p
DISCOUNT-14.9%

--------------------------------------


NAV UPDATE for 2.12.09-CYN -
NAV 225.62p
SP=190
-15.79% discount.

[jonnyboy1] 22/12/2009 09:17

hi washbrook, i of course still hold. I dont expect much excitement from this for a few months except of course the potential for a sterling devaluation which would be positive on the whole (for this).

Happy christmas

[washbrook] 21/12/2009 17:18

I always look forward to today the shortest day of the year in Formby.
Since I moved here from Worsley near Manchester in December 2001.
We can all look forward to the longer days and the coming of Spring 2010.
Last time last year times were grim with the sinking of a few institutions in the U.S.
Cyn was at 77.5p this time last year move up of 142%
.Would I be a seller now?No,
UK gold was at £575.5 as I write it is £684.81 a move up of 18.99%.
The coming year should be eventful.

CLICK ON GRAPH to ENLARGE