Dunedin Enterprise Inves... Share Discussion Threads

[topvest] 12/11/2020 21:20

Lucky you. I only seem to have got a lower % tendered, but maybe I will check again tomorrow as I seem to remember that the excess can be dealt with separately sometimes.

[pvb] 10/11/2020 10:14

Results of tender offer: https://uk.advfn.com/stock-market/london/dunedin-enterprise-inves-DNE/share-news/Dunedin-Enterprise-Inv-Trust-PLC-Result-of-Tender/83644861

[pvb] 02/11/2020 18:53

Dunedin Enterprise Inv Trust PLC Q3 Preliminary NAV and Tender Offer Price https://uk.advfn.com/stock-market/london/dunedin-enterprise-inves-DNE/share-news/Dunedin-Enterprise-Inv-Trust-PLC-Q3-Preliminary-NA/83580602 The Board of Dunedin Enterprise Investment Trust PLC is pleased to announce a preliminary unaudited net asset value of 393.1p per share as at 30 September 2020. In accordance with the terms of the Tender Offer, the Tender Offer Price and the Basic Entitlement of shareholders under the Tender Offer has been calculated on the basis of the 30 September 2020 net asset value and are as follows. -- Tender Offer Price - 384.8400p per share -- Basic Entitlement - 12.3225 per cent.

[topvest] 22/10/2020 19:09

I've tendered all of mine and hoping to exit and move on. Made a reasonable profit in this trust. Exit has been a tad drawn out, so hoping to draw a line under this while the going is good!

[cthompso] 22/10/2020 07:27

Tipped in the Telegraph's questor column:https://www.telegraph.co.uk/investing/funds/questor-trust-has-lost-20pc-still-betting-double-digit-gains/

[pvb] 13/10/2020 22:13

Latest tender offer is here: https://uk.advfn.com/stock-market/london/dunedin-enterprise-inves-DNE/share-news/Dunedin-Enterprise-Inv-Trust-PLC-Tender-Offer/83439812

[pvb] 18/8/2020 17:36

https://uk.advfn.com/stock-market/london/dunedin-enterprise-inves-DNE/share-news/Dunedin-Enterprise-Inv-Trust-PLC-Portfolio-Update/83089070 18 August 2020 Hawksford partial realisation - The investment in Hawksford was valued at GBP6.9m at 30 June 2020. Proceeds to Dunedin Enterprise from the proposed transaction will amount to GBP6.9m, consisting of capital of GBP6.3m and income of GBP0.6m. Proceeds are dependent upon regulatory approval being received which is expected to take around six months.

[skyship] 10/8/2020 13:17

280p-300p - a nice move up, though on little volume.

[cousin jack] 05/8/2020 10:55

Sky: I bought these a couple of weeks ago having researched them after you mentioned them. Have taken the quick 10% turn today as in these uncertain times a profit is a profit. Thanks for highlighting. Am still looking at the zero's you mentioned recently !

[badtime] 05/8/2020 10:26

Makes a change for me....and thanks for the silver play...I know I took a bit off the table early...but glad held on for more

[skyship] 05/8/2020 10:09

BT - Well done, good timing. They were 230p-248p first up; a crazy spread, though not as bad as the headline. Yes, back in a couple of weeks ago at an average of 249.5p. I just assume there should be a good capital redemption quite soon; and the discount makes it not a no-brainer exactly, but for sure a good Risk/Reward play

[badtime] 05/8/2020 10:05

Nice jump....wonder if there's now little stock around ...bought some first up

[badtime] 05/8/2020 09:47

Spreads narrowed

[badtime] 04/8/2020 18:57

I take it you are back in ...why the spread?

[skyship] 03/8/2020 07:47

30th June NAV effectively unchanged since March @ 379.8p "The finalised net asset value per share will be published on 21 September 2020 at which time the Board intend to give a further update with regards to a return of capital." Why do they sit on shareholders' cash for month after month rather than paying it out as planned. Presumably because their fees are based upon the Total Assets being mis-managed!

[skyship] 19/7/2020 13:16

5. Cash and Commitments: Dunedin Enterprise had cash and near cash balances of GBP 12.3 m at 31 March 2020. Following the quarter end a distribution of GBP13.8m was received from Dunedin Buyout Fund III LP representing the proceeds from the sale of Kingsbridge which completed in April 2020 and a recapitalisation of FRA in February 2020. Following this receipt total cash and near cash balances were GBP26.1m. Outstanding capital commitments to limited partnership funds are GBP 22.2 m. It is expected that GBP 12.2 m of the total outstanding commitments will ultimately be drawn over the remaining life of the funds. We are currently negotiating an extension of the GBP5m banking facility with Lloyds Bank for a further year to 31 May 2021. In due course we will be advising shareholders of a further return of capital.

[pvb] 16/7/2020 23:09

HTTPS://www.dunedin.com/casestudies/kingsbridge/31 "In March 2020 we sold our investment in Kingsbridge to Pennsylvania-based NSM Insurance Inc." So where is it?

[spectoacc] 30/3/2020 17:46

Has the approval been received then?

[pvb] 30/3/2020 17:20

New distribution coming up: https://uk.advfn.com/stock-market/london/dunedin-enterprise-inves-DNE/share-news/Dunedin-Enterprise-Inv-Trust-PLC-Portfolio-Update/82057331

[pvb] 25/11/2019 16:53

Yeah, thanks. I originally reported this above as a large purchase...

[spectoacc] 25/11/2019 16:49

@pvb - seen a lot on Premier Miton and my understanding is, it's just the merger of Premier and Miton, reporting their holding. May be wrong - like you, I struggle to understand these sometimes.

[pvb] 25/11/2019 16:43

PREMIER MITON GROUP PLC - Miton Asset Management Limited, selling (I think) for some reason: https://uk.advfn.com/stock-market/london/dunedin-enterprise-inves-DNE/share-news/Dunedin-Enterprise-Inv-Trust-PLC-Holdings-in-Compa/81212731 Jeez! Is it just me who finds many of these RNS notifications as clear as mud? I remember, old style - long ago now - they used to be simple and understandable. ------ No. Scrub that, I haven't a clue what it means. Something happened. That's it! :-(

[pillion] 03/8/2019 14:49

The finalised net asset value per share will be published on 13 September 2019 LOOK

[pillion] 28/6/2019 15:55

Yes; received my 25p per share today

[pvb] 26/6/2019 19:49

Return of capital today by means of 'B' shares. 25 'B' shares issued for every Ord. Immediately redeemed at 1p per B share.