Cqs Natural Resources Gr... Share Discussion Threads

[aylingd] 16/4/2009 11:48

The discount on this just seems silly - but then the markets are often silly ! Being treated as an investment trust, I suppose.

One of their bigger holdings (2.3%), New Britain Palm Oil has doubled since January, so that must have made them a few quid.

Bought a few more for the ISA.

D.

[washbrook] 06/4/2009 17:19

jonnyboy1
Notice the ordinary versus the warrant.
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[jonnyboy1] 03/4/2009 12:10

nice isn't it :) especially if you bought warrants ;)

[washbrook] 03/4/2009 07:47

CYN up 46.96% this year still on a discountof 22%

[hectorp] 30/3/2009 08:56

Wonder if the chart us a U forming, or a roller coaster rise?

[washbrook] 12/2/2009 12:13

Having a good run today up4.5p 86.4bid-89.95 offer
GPM down but the volume
180000 buy @25p at 1047am
3500 buy@26.7p at 9.26am

[isa23] 12/2/2009 10:00

Goldcorp, the largest holding, keeps motoring up 6.6% yesterday. With BoE starting to print money in the coming weeks, I think CYN is an excellent way to protect the value of our sinking sterling

[washbrook] 11/2/2009 16:06

At last, awaking from a slumber.

[washbrook] 07/2/2009 07:56

.


=

[washbrook] 06/2/2009 17:43

TOP TEN HOLDINGS AT 31.01.2010 =32.0%

[wolstencroft] 06/2/2009 16:56

must be the gold holdings....and some of the senior base producers have perked up a bit recently

[washbrook] 06/2/2009 16:37

Basic NAV 5.2.09
121.25 accrued inc 121.44

[washbrook] 03/2/2009 16:48

basic nav 2.2.09

119.49 inc accrued 119.30

[wolstencroft] 27/1/2009 09:15

BRCI is basically large caps, CYN small caps and convertibles.

I'm not denigrating CYN - I own. Its just a potential issue. Take 1/4 default rate on the debt owned and the NAV would drop by 6% or so. Just hypothetically speaking. (I think current thinking is that convertibale and bonds are generally priced for 1/4 to 1/3 default but dont ask me for a reference)

[washbrook] 26/1/2009 20:29

On 28.11.08 CYN 83.5p nav=106.21p

Now 78.5 nav CYN 78.5p NAV = 120.85p



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On 28.11.08 BRCI 72.5p nav 77.6 capital only nav 80.7p plus inc 80.7p
Trustnet 26.1.09 BRCI 88p nav 85.54
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ConclusionsCYN NAV increased 28.11.06 to 26.1.09 by 13.78%
BRCI NAV increased in same time frame NAV increased by 5.97%(inc) or (10.23% capital only)

CYN is undervaled in relation to BRCI.
My wife and I stake in BRCI is 2.5 times larger than cyn so I am not trying to hype the share just my view on the two shares.

[washbrook] 26/1/2009 20:16

tuckswood8
Got the message.

According to TRUSTNET

79p
120.85 NAV
discount
34.6%

[tuckswood8] 26/1/2009 19:45

How many in your harem washbrook?

[washbrook] 26/1/2009 18:19

Wostencroft
I have looked ar the annual report 2008 and the portfolio
convertibles 16.1%
preference shares 0.5%
Corporate Bonds 6.1%
They have stated in the annual report to increase income.
Also with sterling weak the portfolio gains will be enhanced.

[isa23] 26/1/2009 17:10

I've also added today in time for the divi. Discount is quite large & the top ten (specially Goldcorp) are rising