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CRS Crystal Amber Fund Limited

118.50
0.00 (0.00%)
Last Updated: 09:28:07
Delayed by 15 minutes
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 Shares Traded Last Trade
  0.00 0.00% 118.50 8,361 09:28:07
Bid Price Offer Price High Price Low Price Open Price
116.00 121.00 120.00 118.50 120.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Unit Inv Tr, Closed-end Mgmt -2.14M -5.58M -0.0738 -16.06 89.48M
Last Trade Time Trade Type Trade Size Trade Price Currency
11:19:16 O 3,361 119.00 GBX

Crystal Amber (CRS) Latest News

Crystal Amber (CRS) Discussions and Chat

Crystal Amber Forums and Chat

Date Time Title Posts
18/10/202416:10CRS - Crystal Amber870
09/5/201111:57** Croesus - new gold mining play ***68
15/2/200409:48Cockney Rhyming Slang5

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Crystal Amber (CRS) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
11:19:16119.003,3613,999.59O
09:29:49116.005,0005,800.00O
2024-11-20 14:48:37118.503,0003,555.00O
2024-11-20 12:38:22118.75800950.01O
2024-11-20 12:37:28121.211,6401,987.88O

Crystal Amber (CRS) Top Chat Posts

Top Posts
Posted at 21/11/2024 08:20 by Crystal Amber Daily Update
Crystal Amber Fund Limited is listed in the Unit Inv Tr, Closed-end Mgmt sector of the London Stock Exchange with ticker CRS. The last closing price for Crystal Amber was 118.50p.
Crystal Amber currently has 75,506,500 shares in issue. The market capitalisation of Crystal Amber is £89,475,203.
Crystal Amber has a price to earnings ratio (PE ratio) of -16.06.
This morning CRS shares opened at 120p
Posted at 18/10/2024 16:10 by peterbill
AI B-shares summary

Crystal Amber Fund Limited's B shares are a proposed share scheme that will allow for capital returns. The B shares will have the following characteristics:

They will be non-transferable

They will not be traded on any exchange, including AIM

They will have limited rights

Each issue and redemption of B shares will be announced via a Regulatory Information Service

A summary of the tax consequences of the proposal will be provided for certain categories of UK tax residents
Posted at 15/10/2024 18:04 by peterbill
CRS own 16.8% of De La Rue
Posted at 15/10/2024 07:32 by briggs1209
Rise in CRS could now be larger in that of DLAR today. Seems like a great deal for DLAR, debt sorted out, pension scheme topped up, and cash left on the books.
Posted at 09/10/2024 10:53 by wbodger
I agree mbaxter, a brain-hurts moment, because of the ‘B’ shares wrinkle. But ignoring it, which is just a mechanism to distribute value, and it is pretty simple:

They only still have DLAR, MMI and odds-and-ends like Allied Minds and Sutton Harbour. The odds-and-ends are worth less than a tenth of the total. The RNS confirms they no longer have any Prax DCUs.

So it looks like end-game. I can see no point in continuing to pay £50,000 a month on admin when the directors have almost no chance to add value to the assets. Anyway there should be a motion about it at the AGM later this month.

Aside from MMI everything else can be monetised and distibuted through ‘B’ shares: DLAR proceeds would be distributed through the mechanism, similarly the best available exit for Allied Minds (and Sutton Harbour etc) taken and distributed and perhaps the CRS listing would then represent the value of MMI alone. (I would welcome clarity on the MMI situation, and how the the "unaudited indicative valuation" is supported.)

Presumably the date for the AGM will be included in a results RNS, which must be about due.
Posted at 02/10/2024 13:54 by wbodger
4.7 pence reduction in NAV between July 31 and August 31. Vague reference to "unaudited indicative valuation" of Morphic remains word for word the same as September 11 RNS. DLAR share price lost 10% to end of August, that ought to account for about £3.3 million in the NAV calculation, or 4.5 pence per CA share.

Last year Results came out on October 25, and the AGM was on November 22.
Posted at 23/5/2024 14:51 by wbodger
23/5 RNSs: Share repurchases budget pushed out by another £2.5 million. Purchases until 30/6/24.

At an average of 80 pence per share that will buy 3,125,000 shares taking the shares trading to 70 million.

NAV per share as at 30/4 was 115.84, perhaps reflecting improvement of DLAR in April.

Not sure why sellers are accepting 80 pence a share if the portfolio is really valued at nearly 120 (assuming continued improvement in DLAR during May).
Posted at 22/5/2024 08:10 by wbodger
So they spent the last of the £7.5 million allocated for buybacks on 1.5 million shares at 80 pence per.

Odd it happened, on the day DeLaRue closed at 1.02, which always looked like RB's minimum exit price.

DLAR have to update on trading by a week this Friday, and CA usually put out their NAV Update around this time. DLAR rose fro 80p to 89p between end-March and end-April so CA's NAV might be up by £3 million.

Good start to DLAR trading too. Maybe the TU leaking? Or is something up?
Posted at 24/8/2022 13:33 by wbodger
CRS share price didn't move on opening, which tells me CA are a force behind the move at ALM. Bad news for PIs like me (only a small holding) but it is what should have happened two years ago. Only slightly better late than never.

Imo it means ALM cannot be one of the holdings making up the £50 million payout promised next month. CRS slightly up now.
Posted at 02/12/2021 13:43 by mrscruff
We only have the details in the RNS on the 50p dividend 6 months time. No details on the final date is possible due partly I think to the one private equity holding. CRS management will have to work hard to abstract as much money as possible. The CRS share price has dropped with the fall of the live NAV that I have set up however the live companies are starting to recover from this weeks falls and the discount possibly even wider. This is an buy and hold mostly on a few UK companies. Time will tell how well they do but be clear this is an 6-18 month investment if you decide to invest.
Posted at 02/11/2021 17:17 by thirty fifty twenty
hi Wbodger... if you were referring to my previous post,
then apologies i wasn;t specific.

I was referring to the NAV of CRS which , at spot prices + adj,
now stands at 163.8p per my calcs.

thus the CRS share price is at a 28% discount to spot NAV

DYOR etc..
Crystal Amber share price data is direct from the London Stock Exchange