Crystal Amber Share Discussion Threads

[hugepants] 30/4/2021 09:56

what a mess they made of HUR

[rambutan2] 22/4/2021 21:38

Monthly Net Asset Value

Crystal Amber Fund announces that its unaudited net asset value ("NAV") per share at 31 March 2021 was 139.24 pence (28 Feb 2021: 132.51 pence per share).

Worth reading the commentary:

[spectoacc] 24/3/2021 15:59

KMR got further to go IMO.

[riskvsreward] 24/3/2021 12:52

It looks like a shrewd move to have sold kmr and cam and bought into dlar.

[edwardt] 24/3/2021 10:16

shall we just rename this fund de la rue. i almost choked reading that he has bought more. what % of the trust is it??

[edwardt] 04/3/2021 14:03

ergo opportunity.

[catsick] 04/3/2021 12:58

They seem to have got a big move in the de la rue shares without moving their own!

[flyfisher] 15/2/2021 12:14

CRS sold its £5m holding in redde nothgate a couple of months ago at around 170 - 180p.
Redde, currently trade at 285p, up 63% from their selling point.

It is time this vehicle for director self interest was wound up.

[rambutan2] 25/1/2021 22:28

Dec nav and manager commentary:

[wbodger] 18/1/2021 23:11

EQLS on the other hand is one where they have 25% of the equity. Most of the holding was bought as FairFx, at 20p a share in a placement in 2016..(£5.25 million for 25%, 26 million shares). It looks like they were diluted to about two thirds of that %age in 2017 with the change to EQLS. Since then they have bought back to about 25% of the increased float. The original 26 million shares will be standing at a good profit, the shares bought in at higher prices less so but still profitable afaics. As always, dyor.

[wbodger] 14/1/2021 21:46

KMR has been rising, outpacing a good mining sector, and recently spiked a bit. Just RB's luck to have sold most of the few shares they had, when they should have been adding.

Never more than 1.4% of KMR equity. I'm not sure CRS have any left. (Just my luck too - I watched them from around £2 and never got around to it.)

[flyfisher] 06/1/2021 17:35

Both EQLS and KMR had a strong rise today.

No sign of any new holdings recently, is the outlook for a slow winding up?

[thewheeliedealer] 04/1/2021 23:41

Hi all,

My mate Peter @Conkers3 and myself did a ‘Twin Petes Investing’ Podcast a few days ago and part of our discussion includes CRS and some similar Stocks. We also chatted about loads of other Stocks and Ideas for research and a fair bit of educational stuff with regards to Investing and Portfolio Management.

Anyway, if you use Youtube, Apple, Audioboom, Overcast or Spotify you can find it under the 'Conkers Corner' Channel (you want Podcast TPI 39) and you can find it on Soundcloud at the link below.

I hope you enjoy it and find it useful, we try to keep them light and they are totally unscripted, not like all the stuffy financial fodder you are probably more used to !!

Happy New Lockdown !! WD
@wheeliedealer

[rambutan2] 23/12/2020 16:37

Good:

Declaration of interim dividend

In the final results announcement for the year ended 30 June 2020 issued by the Fund on 21 September 2020 it was stated that, in view of the effects of COVID-19, there was significant uncertainty as to the timing and quantum of dividend receipts from the Company's portfolio companies. The Directors were also mindful that changes in the composition of the portfolio could mean that there would be lower dividend receipts than in past years. Accordingly, the Directors concluded that a decision on whether to pay an interim dividend in this financial year should be deferred until later in the year.

The Fund is now pleased to declare an interim dividend of 2.5 pence per share in respect of the financial year ending 30 June 2021. This dividend will be payable to shareholders on the register as at 8 January 2021 with an associated ex-dividend date of 7 January 2021 and a payment date on or around 5 February 2021.

[spectoacc] 09/12/2020 15:13

A different sort of "tank" to the one CRS usually experiences (DLAR; HUR; EQLS...).

[rambutan2] 09/12/2020 14:46

Another tank on the lawn:

[flyfisher] 04/12/2020 12:26

129p at month end.

[edwardt] 04/12/2020 11:20

anyone know where the enav is?

[edwardt] 18/11/2020 13:09

i suspect those who they will have to listen to over the other side of the pond will be more creative in their thinking but mine is simple and gets you through some of the problems outlined above.

[edwardt] 18/11/2020 13:07

from my experience turkeys do not vote for x-mas.

[flyfisher] 18/11/2020 12:09

edward, I agree.

For now, there has been a strong rise in some holdings post vaccine news to give current nav of around 127p.
They continue to sell down some holdings in order to buy in their own stock, a reasonable strategy at a 30% discount.

You could email your opinion to the company.

[edwardt] 17/11/2020 19:48

Time to throw in towel and run down the book. No more new investments would get my vote and a 2 year run off on existing.

[spectoacc] 22/10/2020 12:52

Agreed - and they're not going to get only a 10% haircut to dump that many EQLS, or DLAR, or ALM.