Cqs Natural Resources Gr... Share Discussion Threads

[eric gardener] 22/6/2011 16:16

buy at 250p?

[davebowler] 22/6/2011 16:09

Its crazy , Gold is ,in £s, at an all time high , yet this is 16% below asset value!

[jimbo55] 20/6/2011 13:44

Most resource companies tend not to pay out huge divies Eric. This is nothing unusual. The majority tend to re-invest profits into exploration/drilling/mine expansion, etc......

[eric gardener] 20/6/2011 08:38

Great 1.2%

why is it so small?

[jimbo55] 20/6/2011 00:28

Yes. Around 1.2%.

See:

[eric gardener] 19/6/2011 13:32

does this pay a yield?

[davebowler] 19/6/2011 12:53

The Observer

Price of hi-tech gadgets may soar after China rations rare metal supplies
The price of rare earth metals, used in items raging from computer hard drives and wind turbines to plasma televisions and smartphones, has more than doubled to record levels in the past two weeks, after a clampdown on illegal mining by China, the world's dominant producer of such elements.

Read more:

[davebowler] 25/5/2011 10:37

Too cheap at 15% discount to NAV especially with Gold heading towards an all time high again.

[davebowler] 12/4/2011 11:14

12 Apr NAV Basic 406.66

[davebowler] 09/4/2011 09:38

8 Apr Basic NAV 399.07

[davebowler] 29/3/2011 11:00

NAV 28 /03 386.84p

[fordtin] 25/3/2011 09:05

AFRICAN MINING & EXPLORATION (lse:AME)


4. Full name of shareholder(s)
(if different from 3.):iv


CITY NATUAL RESOURCES HIGH YIELD TRUST PLC

GEIGER COUNTER LIMITED

GOLDEN PROSPECT PRECIOUS METALS LIMITED

5. Date of the transaction and date on
which the threshold is crossed or
reached: v


22 MARCH 2011

6. Date on which issuer notified:


23 MARCH 2011

7. Threshold(s) that is/are crossed or
reached: vi, vii


21%

[davebowler] 24/3/2011 15:03

Gold is at an all time high and Silver at a 20yr? high.

[shavian] 24/3/2011 07:26

U308 futures bouncing back over $60

[stevenlondon3] 18/3/2011 12:07

Apparently uraniuim related stocks represent around 11% of the portfolio.

[shavian] 17/3/2011 07:32

Not good news for CYN with our big holding in KAH

[davebowler] 15/3/2011 12:56

City Natural Resources High Yield Trust - Continuing strong performance PDF download Click for report
Edison view;
During the past 12 months, City Natural Resources High Yield Trust (CYN) has outperformed its composite benchmark index by 58.4% and 46.6% in terms of share price and NAV total return, respectively. The trust pays quarterly dividends and, for the year ending 30 June 2010, paid a total dividend of 3.71p. This represented a year-on-year increase, in the total annual dividend, of 20.9% and provided CYN with a record of five successive years of dividend growth. CYN's recent interims indicate that, as at 31 December 2010, CYN had revenue reserves of 5.7p per share. As such, both the board and the manager remain confident they can provide double-digit dividend growth over the next two years. The manager remains very bullish on the long-term outlook for the natural resources sector.

City Natural Resources High Yield Trust's investment objective is to provide shareholders with capital growth and income from a portfolio of mining and resource equities, resources and industrial fixed interest securities.

[shavian] 12/3/2011 08:09

I think we can expect the discount on most higher-alpha investment trusts to widen over the coming week alongside the VIX. CYN will be no exception, if so it looks like a top-up opp may be coming up.

[davebowler] 08/3/2011 14:40

Basic NAV 7/03/2011 396.42

[shavian] 08/3/2011 07:52

"Possible Offer" of 290p for KAH shares by Chinese (see KAH thread for details). Apparent approval by BOD, but with a get-out if another offer of 5% more comes along. Seems underpriced to me with Rio hovering in the background. Can't believe that our own Richard Lockwood would roll over for the first offer, so stand by for a bidding war and an uplift for CYN's NAV!

[davebowler] 07/3/2011 13:11

Both Gold and Silver are hitting major highs.

[praipus] 03/3/2011 15:20

Just noticed CYN have Laxey as one of their share holders. To see the rest of Laxeys holdings see post one of .