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
  +0.00p +0.00% 219.00p 214.00p 224.00p 219.00p 219.00p 219.00p 0 05:00:01
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 3.3 -0.9 -0.9 - 213.42

Crystal Amber Share Discussion Threads

Showing 351 to 371 of 375 messages
Chat Pages: 15  14  13  12  11  10  9  8  7  6  5  4  Older
DateSubjectAuthorDiscuss
05/10/2018
09:04
I am surprised that this share price hasn't fallen given the recent poor performance of some of their holdings like Cenkos and De La Rue. I guess that their holdings in Cenkos are increasingly under water. Watch out below? ALL IMO. DYOR. QP
quepassa
04/10/2018
16:24
Trader RB of CA selling down his HUR holding before FOIL as a risk he did not think he would have to take as he wanting HUR to be sold of along time ago.
gary38
26/9/2018
11:29
QP, I don't see anything exotic in CRS at all! ~10% discount is relatively unusual for CRS based on historic data. FFX being up 4% today makes a small impact on overall NAV. My point is that in aggregate with the other major shareholdings which have notably increased, the CRS share price has actually marginally declined giving rise for the 9% discount. Not sure why you picked out FFX when HUR is 28.6% of the fund NAV. Also it should be noted CRS still have substantial warrants over HUR shares which has the potential to add ot the NAV when exercised. CRS is high risk only in that it is a concentrated (but diversified) portfolio and that is the intent of the fund. You seem to have a negative attitude to CRS. I've been successfully trading them since 2016 with 'spare cash'. Have today bought back into the company. Lets wait and see where this is by year's end!
carcosa
26/9/2018
10:26
Cenkos holding represents less than 1.5% of the CRS NAV. By my calculations CRS are now trading at a discount of 9% to their NAV. Largest it has been since November 2017, I think. Chart shows CRS major holding. Items in yellow represent shares owned, each representing more than 10% of the NAV. Maybe worth a buy.
carcosa
07/9/2018
13:26
Many thanks for your highly informative response carcosa. And the insight into your own investment strategy. Appreciate it.
sogoesit
07/9/2018
07:45
Those shares you mentioned have been in the portfolio for a while, especially Woodford's. They are activist investors and almost be definition value investors. I say 'almost' because Hurricane Energy was (is) particularly speculative at the time of their initial investment. Personally I have bought shares in CRS as a short term hold when the discount to NAV is relatively large and Hurricane share price was/had moved ahead considerably. However best you keep track of the NAV yourself and keep up with CRS related RNS's as most (all?) NAV's are calculated throughout the year using their year end holdings which vary considerably by year's end. Alternatively holding on, directly, to one or two of the individual share(s) in their portfolio is a useful strategy if you want to keep track of specific company performance.
carcosa
07/9/2018
07:13
Some interesting new(?) holdings here: Woodford Patient Capital, Cenkos, De La Rue. I’m new here and taking a look. Are they “value” investors or activist investors? Appreciate any views especially from long term holders.
sogoesit
10/7/2018
15:54
looks like investors chronicle agrees with you....
edwardt
09/7/2018
10:08
Investors forgetting Crystal Amber have large holdings in #HUR and #FFX which are powering ahead. Discount to NAV now 10%+ Not been that high for ages!
carcosa
13/6/2018
15:18
hxxp://citywire.co.uk/investment-trust-insider/news/crystal-amber-managers-snap-up-shares-as-discount-widens/a1119506 The activist fund managers of AIM-listed Crystal Amber (CRS) have purchased £150,000 of shares in the UK smaller companies investment trust after a widening in their discount to net asset value (NAV). An announcement to the stock exchange shows Crystal Amber Asset Management purchased 75,000 at £2 each on 11 May. Final results posted in September showed the managers owned just under 4 million shares representing a 4.05% stake in the trust. This is separate from the share buyback scheme the £213 million trust has in place. Since the company’s interim results in March, the fund has repurchased 275,000 shares for an average price of 195.7p and a total of £539,750. The company, whose main shareholders include fund managers Mark Barnett and Neil Woodford, has been clear about its plans to try and maintain a low discount. In the interim results, chairman Christopher Waldron, who also chairs the under-fire Rangere Direct Lending (RDL), said the share buyback programme has ‘continued and contributed to maintaining a low average discount to net asset value (NAV) of 1.8% over the [six months to 31 December]’. However, that discount has widened this year to its current position of 8.5%, above its average for the past six months of 2.1%, according to Numis Securities data. Part of the problem could be the 6.7% fall in the NAV witnessed in the half-year results despite a successful partial exit from marinas company Sutton Harbour (SUH) that earned it £900,000. It also saw positive contributions from online currency business FairFX (FFX), and cyber security firm NCC (NCC). However, the trust said it was still working with Hurricane Energy (HUR) to appoint a ‘credible chairman’ following problems with the oil explorer that operates in the seas west of the Shetland Isles. Crystal Amber saw a slump in its share price after Hurricane, its largest holding, ran into problems. Hurricane’s share price nearly halved within two months on the back of what the trust said at the time was ‘poor handling’ of a warrant issue and comments by the oil explorer’s management team about funding and delivering an ‘early production system’.
peterbill
13/6/2018
15:18
hxxp://citywire.co.uk/investment-trust-insider/news/crystal-amber-managers-snap-up-shares-as-discount-widens/a1119506 The activist fund managers of AIM-listed Crystal Amber (CRS) have purchased £150,000 of shares in the UK smaller companies investment trust after a widening in their discount to net asset value (NAV). An announcement to the stock exchange shows Crystal Amber Asset Management purchased 75,000 at £2 each on 11 May. Final results posted in September showed the managers owned just under 4 million shares representing a 4.05% stake in the trust. This is separate from the share buyback scheme the £213 million trust has in place. Since the company’s interim results in March, the fund has repurchased 275,000 shares for an average price of 195.7p and a total of £539,750. The company, whose main shareholders include fund managers Mark Barnett and Neil Woodford, has been clear about its plans to try and maintain a low discount. In the interim results, chairman Christopher Waldron, who also chairs the under-fire Rangere Direct Lending (RDL), said the share buyback programme has ‘continued and contributed to maintaining a low average discount to net asset value (NAV) of 1.8% over the [six months to 31 December]’. However, that discount has widened this year to its current position of 8.5%, above its average for the past six months of 2.1%, according to Numis Securities data. Part of the problem could be the 6.7% fall in the NAV witnessed in the half-year results despite a successful partial exit from marinas company Sutton Harbour (SUH) that earned it £900,000. It also saw positive contributions from online currency business FairFX (FFX), and cyber security firm NCC (NCC). However, the trust said it was still working with Hurricane Energy (HUR) to appoint a ‘credible chairman’ following problems with the oil explorer that operates in the seas west of the Shetland Isles. Crystal Amber saw a slump in its share price after Hurricane, its largest holding, ran into problems. Hurricane’s share price nearly halved within two months on the back of what the trust said at the time was ‘poor handling’ of a warrant issue and comments by the oil explorer’s management team about funding and delivering an ‘early production system’.
peterbill
17/1/2018
16:05
and JPR holding also not looking too great
mister md
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 want to get to the high risk end of their investment, which will be the EPS start up. They would like HUR 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
09:28
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
16:37
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
16:11
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
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
Chat Pages: 15  14  13  12  11  10  9  8  7  6  5  4  Older
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