Share Name Share Symbol Market Type Share ISIN Share Description
Crystal Amber Fund Limited LSE:CRS London Ordinary Share GG00B1Z2SL48 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.00p -0.52% 190.00p 188.00p 192.00p 191.00p 190.00p 191.00p 4,895 15:56:21
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 2.0 -1.3 -1.4 - 186.99

Crystal Amber Share Discussion Threads

Showing 326 to 350 of 350 messages
Chat Pages: 14  13  12  11  10  9  8  7  6  5  4  3  Older
DateSubjectAuthorDiscuss
12/7/2017
17:06
Hi rackers1, HUR is a game of (at least) two halves....and then there's probably extra time. We've barely started play. Patience, grasshopper ! ATB
extrader
12/7/2017
16:44
CRS has a right hurricane headache on the books. Bernstein has played a very bad hand here after initially looking godlike.
rackers1
29/6/2017
15:39
That was an unusual step CRS took, helpful to HUR holders who'd been dithering more than themselves. Shows how frustrated they must be with the clumsy way HUR have been operating of late, particularly with the fund raise.
paleje
25/6/2017
08:56
news on friday which prompted me to buy As Hurricane's largest independent shareholder owning 12.2% of the issued share capital, Crystal Amber is supportive of monetising Hurricane's assets, which are valued by Crystal Amber's external consultants who have been its consultants for the last two years, on a NPV10 basis and assuming a $55/bbl flat nominal oil price and that contingent resources "trade" at a discount to reserves by 50%, at 219p a share. The Fund also notes comments at the AGM regarding the reopening of Hurricane's data room to a limited number of oil companies that have the requisite development credentials to take the Rona Ridge project to full field development. The Fund also believes in the strategic value of Hurricane's asset base. SO CRS think their Hurricane stake is worth more the entire market cap of CRS.
orinocor
09/5/2017
18:08
The Times The value of looking into the crystal ball Most investment trusts tend towards the steady but reliable end of the spectrum. Crystal Amber is a little different, being as close as the London market gets to an activist trust of the sort more common in the United States, with the likes of Pershing Square and Elliott Advisors. The fund, which was founded in 2008 by Richard Bernstein, specialises in taking strong positions in smaller or medium-sized companies where he feels that action is needed or where the shares look undervalued. Mr Bernstein describes his approach as contrarian, supportive and patient. He does not go in for aggressive tactics — only once has Crystal Amber called an extraordinary meeting — of Leaf Clean Energy — and the request was withdrawn after the chairman and chief executive resigned. He does have an ability to find takeover candidates. Mr Bernstein was involved in a long-running dispute with Michael, now Lord Grade of Yarmouth, over his chairmanship of Pinewood Studios, who he wanted to stand down. The company was taken private last year by a private equity fund. Other investments also taken over in recent years are Aer Lingus, the Irish airline, and Thorntons, the chocolate maker. At present there are only seventeen investments and the top ten account for about 90 per cent of net asset value. Coincidentally, the biggest by value, Hurricane Energy, put out a favourable update on its reserves yesterday. Crystal Amber helped with a capital-raising that allowed this North Sea explorer to continue its drilling programme and bought the shares at about 19p. They trade at above 60p. Other significant stakes are in Northgate, the van hire business, which Mr Bernstein views as sub-scale and ripe for a takeover after an approach from Avis was rebuffed several years ago, and Grainger, the property group. He has been pressing for change here and believes that the company’s legacy properties, which are occupied and on controlled rents, are largely unvalued by the market. The shares, unchanged at 244½p, are trading at almost exactly the latest published net asset figure. Short-term gains may be limited, but Mr Bernstein’s ability to spot winners speaks for itself. My advice Buy Why The concentration of investments means that performance may be lumpy, but the fund’s long-term record is excellent.
agnes
08/5/2017
16:41
Found these ages ago dear boy
lord hindsight
08/5/2017
14:04
Nice find shauney2
rogerbridge
05/5/2017
14:39
hope you didnt go short gregpeck
lord hindsight
04/5/2017
14:11
New high probably because Hurricane Energy up ~10% worth about 3% in share price action to CRS
carcosa
04/5/2017
13:08
A new high. Interesting for CRS if GID do list on AIM with them holding 40% hTtp://www.businesswire.com/news/home/20170502006915/en/GI-Dynamics-Selects-Allenby-Capital-Explore-AIM
shauney2
04/4/2017
22:26
Could be a good short here.. I think the FCA could be knocking at the door here very soon.
gregpeck7
27/3/2017
12:59
Good RNS from HUR.
rogerbridge
21/2/2017
14:04
Now that's volume
brahmsnliszt
19/2/2017
10:32
Netcurtains: Interesting indeed.
mrx9000
19/2/2017
10:28
mrx9000: It might be significantly bigger than 21% because on the day of the increase there were other large buys - possibly by third party allies of CRS bringing the total to nearer 30% (it is a plausible argument).
netcurtains
19/2/2017
09:57
Increased their stake in JPR, now just over 21%. I can see them increasing their stake a lot further yet. Probably to the 25-27% area.
mrx9000
18/2/2017
08:26
GI Dynamics up 47% yesterday- and up from 3c to 7c since last week's announcement.
agnes
10/2/2017
11:27
Increased their stake in GI Dynamics. hTTp://www.investegate.co.uk/crystal-amber-fund-limited--crs-/prn/investment-in-gi-dynamics-inc/20170210111029P20CF/ The Fund believes that GI Dynamics has a world class technology, addressing an unmet clinical need, with its current share price a function of shareholder disillusionment resulting from past management disappointments. The Fund, in conjunction with its Investment Adviser, now looks forward to working with the GI Dynamics board to fully capitalise on what the Fund believes is GI Dynamics’ highly scalable potential.
phowdo
04/2/2017
13:32
Great share this is and could really do well this year especially with its stake in Hurricane and could be a bonanza from Sutton harbour if they get the the airport planning consent and some other good holdings in their portfolio. Could easily be 20% plus from here I think plus divi.
loobrush
12/1/2017
17:06
Increased their stake in JPR to 18.6%
phowdo
10/1/2017
17:12
Also Northgate up on rumours that Crystal Amber are pushing for a sale: http://www.telegraph.co.uk/business/2017/01/07/new-northgate-boss-drives-straight-speculation-activist-investor/ nigelpm has created a good doc for tracking discount to NAV: https://docs.google.com/spreadsheets/d/1-msaXqiPwCR2vQ5QgkFUqDr6DaK2F6FrwZmd8m5DF9A/edit#gid=0 need to take off 2.5p tho since gone ex div since that was created.
dangersimpson2
10/1/2017
16:48
CA playing a blinder on HUR so no wonder it's continuing its fine trend
brahmsnliszt
22/12/2016
09:16
Nice confirmed breakout.
shauney2
19/12/2016
09:53
and ex divi in a couple of days for 2.5p. bought initial position today
melody9999
19/12/2016
09:10
+ve HUR news means discount is up to c17%
dangersimpson2
Chat Pages: 14  13  12  11  10  9  8  7  6  5  4  3  Older
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