Damille Inv Share Discussion Threads

[jaws6] 06/7/2012 10:06

can not buy 4000 at 75

[jaws6] 06/7/2012 09:56

good info.Tks does that mean dil is worth mote then 99 or 89 some was saying yesterday

[praipus] 06/7/2012 09:20

From the WAM thread:

mrionionbahjee2 6 Jul'12 - 08:15 - 987 of 988

Hi Praipus. Tender offer announced at SEA this morning [Damille]:

Praipus 6 Jul'12 - 09:19 - 988 of 988 edit

Brilliant, thanks once again mrionionbahjee2.

Damille's quoted funds DIL and DIL2 hold 3% of SEA between them.

[praipus] 05/7/2012 13:47

Damille DIL buying another million LWT! Now holding 29.3%

[badtime] 04/7/2012 20:16

i'm hoping for a slight drift down to pick some up :)

[praipus] 04/7/2012 14:28

Could see a solid 10p rise by end of day here based on LWT's market value (at bid price). On a look through basis we are obviously way off where it should be sort of double NAV discounts to consider.

[edwardt] 04/7/2012 14:13

assume a discount and mm's move it up gradually from here. a cursory look at the other holdings, i think enav is 82ish but you are probably correct.

[praipus] 04/7/2012 14:06

Seeing DIL emerging in popularity for its hidden value I've started a thread for the follow on fund DIL2

[praipus] 04/7/2012 12:17

Hi edwardt just calculating the uplift to DIL share price with LWT at todays bid value should add circa £4m to DIL's market cap. But I notice the DIL share price has only managed a few pence ( £1.3m on market cap) so far or have I done something wrong?

Also NAV as LWT I think should now be circa 79p.

[edwardt] 04/7/2012 11:03

yep saw that = one would think that the share price therefore has further to rise. even my maths can work out the theoretical uplift. happy to sit on the few i have for the time being ...

[praipus] 04/7/2012 10:37

DIL own 27% of LWT

[edwardt] 04/7/2012 10:32

interesting movement at lwt

[praipus] 24/5/2012 16:41

Return of capital

[wexboy] 31/1/2012 15:57

Hi folks,

Continuing my series on activist investors and other catalysts. Latest post highlights over a dozen listed activist funds/vehicles that you can invest in, including Damille Investments:



I hope you'll take a look (and plse don't hesitate to comment or email me).

Cheers,

Wexboy

[praipus] 10/11/2011 13:32

DIL2 "GBP74 million have been raised "

[praipus] 07/11/2011 13:31

Damille Investments "II" aiming to raise £100m!!!

[zangdook] 20/10/2011 14:34

Trading at a premium to NAV.

Cash returns during the 'Investment Period'.

[envirovision] 19/10/2011 11:08

They have returned 38p by the looks of it, just a further 62p left to return then they get to keep 20% of any further returns. Assuming current purchase cost of share less payments received it would amount to a return of 27% in 17 months, fairly good going in my books.

One would expect the summer malaise would have thrown up a bounty of new opportunities for them.

Good find.

[praipus] 14/10/2011 10:50

Hi IanBrewster are you still here?

Found DIL via RRF and CGOP holdings. DIL looks very interesting.

Thought you may be interested in the following thread too.

[ianbrewster] 13/3/2011 20:14

6p per share capital return coming later in March

[ianbrewster] 02/3/2011 17:12

I took a small position here today - lets see what happens over the next 3 years??

[ianbrewster] 02/3/2011 17:10

Damille Investments Limited is a Guernsey domiciled, closed ended investment company. The company was listed on the Specialist Fund Market of the London Stock Exchange on 30 March 2010 and on the Channel Islands Stock Exchange on 30 March 2010.

The Company will have a fixed life of four years from the date of Admission, consisting of an Investment Period of two years followed by a Realisation Period of a further two years. Thereafter it is anticipated that the Company will be wound up.

The Company will invest in a concentrated portfolio of mainly comprised of closed-ended investment funds and investment companies with an equity market capitalisation of below £100 million with a view to realising value from the optimisation of their balance sheets.

The Company issued 32,500,000 ordinary shares at 100 pence per share on 30 March 2010 and a further 3,249,000 ordinary shares at 105.5 pence per share on 6 September 2010. All 35,749,000 ordinary shares in issue rank pari passu.

The Company has already returned 16 pence per share to shareholders since its launch on 31 March 2010.

[ianbrewster] 02/3/2011 17:08

Ooops - tried again as a stock thread!

[ianbrewster] 02/3/2011 16:30

Damille Investments Limited is a Guernsey domiciled, closed ended investment company. The company was listed on the Specialist Fund Market of the London Stock Exchange on 30 March 2010 and on the Channel Islands Stock Exchange on 30 March 2010.

The Company will have a fixed life of four years from the date of Admission, consisting of an Investment Period of two years followed by a Realisation Period of a further two years. Thereafter it is anticipated that the Company will be wound up.

The Company will invest in a concentrated portfolio of mainly comprised of closed-ended investment funds and investment companies with an equity market capitalisation of below £100 million with a view to realising value from the optimisation of their balance sheets.

The Company issued 32,500,000 ordinary shares at 100 pence per share on 30 March 2010 and a further 3,249,000 ordinary shares at 105.5 pence per share on 6 September 2010. All 35,749,000 ordinary shares in issue rank pari passu.

The Company has already returned 16 pence per share to shareholders since its launch on 31 March 2010.