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
  +0.50p +0.27% 188.50p 186.00p 191.00p 188.50p 187.00p 188.00p 1,950 14:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 2.7 -1.4 -1.4 - 184.51

Crystal Amber Share Discussion Threads

Showing 351 to 374 of 375 messages
Chat Pages: 15  14  13  12  11  10  9  8  7  6  5  4  Older
DateSubjectAuthorDiscuss
01/12/2017
13:53
There is still 77% held elsewhere, so the risk is spread rather than having all the eggs on one basket However it does seem mad to be over weight to this extent, when so much could go wrong It would seem that CA don't won't to get to the high risk end of their investment, which will be the EPS start up. They would like to have been taken out by now
jimarilo
30/11/2017
16:01
Jimarilo24 Nov 17 - 15:59 - 276 of 277 HUR goes down, CRS follows Maybe that correlation won't last for much longer... Have a read of Biffadog's excellent thread 'My sixpence worth' on the LSE HUR board ('Started by Biffadog, 30 Nov 2017 11:57') Here's the extract relevant to CRS: " So whatever you think about RB's petulant twitter ramblings, you have to ask yourself has this supposed professional investor committed a truly spectacular rookie error and painted himself into a corner on a reckless gamble that HUR would secure a suitable FO deal before FOIL. It certainly looks that way to me and if I was a CRS shareholder I would be furious. On that note, if you do hold CRS then you have to ask yourself the question, do I believe that the HUR EPS will be successful ? If the answer is no, then you should sell CRS. If the answer is yes, then you should still sell CRS (23% HUR) and buy HUR at this crazy price and get the most out of the bonanza that will surely follow. "
wessexmario
28/11/2017
15:37
ocado up 20%... this should increase today nav
cascudi
24/11/2017
15:59
HUR goes down, CRS follows
jimarilo
07/10/2017
08:28
hTTp://crystalamber.com/_library/_downloads/19922_Crystal_Notice_of_AGM.pdf AGM voting time ... The Company has announced an Annual General Meeting to be held on 23 November 2017
peterbill
26/7/2017
15:37
Hi charlie, The %age fall is because of the increase in total HUR shares, post offer. They've actually increased their holding by abt 10 million. HTH and ATB
extrader
26/7/2017
15:11
Reduced position in Hurricane. Apparently from 12% to 8% all on 24 July. Seems a little curious given recently expressed enthusiasm. Perhaps unhappy with the convertible financing? I guess worry could be convertible arbitrageurs now in control of the share price for a long time. But Crystal Amber also unhappy with previous warrant issue (per RNS 23 June)! Hurricane have to raise money somehow. Alternative interpretations or conspiracy theories welcome.
charlie
12/7/2017
16:06
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
15:44
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
14:39
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
07:56
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
17:08
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
15:41
Found these ages ago dear boy
lord hindsight
08/5/2017
13:04
Nice find shauney2
rogerbridge
05/5/2017
13:39
hope you didnt go short gregpeck
lord hindsight
04/5/2017
13:11
New high probably because Hurricane Energy up ~10% worth about 3% in share price action to CRS
carcosa
04/5/2017
12:08
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
21:26
Could be a good short here.. I think the FCA could be knocking at the door here very soon.
gregpeck7
27/3/2017
11:59
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
Chat Pages: 15  14  13  12  11  10  9  8  7  6  5  4  Older
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