Eaglet Share Discussion Threads

[snappy] 03/1/2003 13:17

I rated these as a buy on 27/07/02 and still do, whether they do go on to retest Sept. lows.

Happen to think the manager is cool, I've never met him, but the chief exec at one of my firms seemed to indicate that having Eaglet as a shareholder wasn't such a bad thing and I had already drawn the same conclusion myself.

Very refreshing to see an investment manager who isn't from a red brick university background (wot o, wot o, i say old chap you scratch mine and i'll scratch yours, wink wink, lovely old school tie you've got their old chap etc) and who isn't afraid to take a contrian view.

Gravy trains springs to mind

Wish all great success with their investments

[quickflutter] 27/12/2002 15:23

looks grimy

[bbbb] 18/12/2002 09:38

yeah: anyone remember Eagle Trust? any relation?

[quickflutter] 18/12/2002 09:21

Seem likely to retest lows I agree

[sreed] 17/12/2002 13:40

these guys will get it in the neck

[sreed] 13/12/2002 08:32

thar she blows

[tday] 07/10/2002 10:54

liveinhope

Perhaps the investment world is - has - changed, so that the previous ways of making money on shares are no longer valid.

I'm no pessimist, I'm 93% in cash - soon to be 100% - and I've made money on my shares, when I held them, over the last three years.

But I see the world changing and I acknowledge that I have to change with it, or risk getting blown away.

Deflation is coming.

Not necessarily a bad thing in itself, but it is if you think like you thought in inflationary times.

When the market - or rather investors - realise that deflation is a possibility, they will look back and say how expensive the FTSE was when it was 3,800.

There are great opportunities awaiting the few who see deflation coming.

[liveinhope] 01/10/2002 12:32

Disagree. I like fact generally invest in companies paying dividends. Good opportunity to "average" holdings if price drifts southwards. If FTSE hits 3200 then I will get serious buying boots on. As always DYOR.

[sreed] 30/9/2002 18:27

thanks tday

I reckon 100p is not unrealistic either

[tday] 30/9/2002 16:51

hv.

Maybe it's you who ought to lie down.

You could have bought Eaglet at 400p in May, for 250p in July and 186p today.

Why is 100p so unrealistic, especially with Eaglets borrowings?

[sreed] 30/9/2002 08:40

not lookin pretty

[sreed] 28/9/2002 10:17

see Friday front page of Ft
talks about impending disaster for a no. of trusts that have borrowed to invest
They do have asset to debt covenants you know - and the assets are rapidly dwindling with the market falls

[liveinhope] 27/9/2002 19:20

sreed - would they be paying dividend of 7.5p if worried - I think not. Look at ethos of investment policy and you will sleep more easily.

[sreed] 27/9/2002 08:38

dont forget they have debts of over @£25m also

[liveinhope] 27/9/2002 08:27

Dil (post 19) - first of all get hold of copy of their Report and accounts for the year ended 30th June 2002 (Investment Manager: Unicorn Asset Management Limited - tel: [phone] should be able to send you) and look at RNS announcements since and you will have good idea of holdings - certainly those that are disclosable. Manager's overview made for interesting read in Report and accounts.

Interesting "triangle" investments e.g Eaglet - Deltron - Acal and no doubt others.

As always DYOR before any investment decision made.

[liveinhope] 27/9/2002 08:16

maryquant - if you refer to Pariy Group plc then believe the below is the current situation:


"RNS Number:2016Y
Parity Group PLC
4 July 2002

3 July 2002



Letter to Parity Group plc



SECTION 198-210 COMPANIES ACT 1985 (AS AMENDED)


As required under the terms of the above Act, I am writing to advise you of the
following transactions affecting notifiable interests held by the above Company.


05.04.02 Bought 500,000 Ordinary 5p shares
15.04.04 Bought 300,000 Ordinary 5p shares
02.07.02 Bought 900,000 Ordinary 5p shares


These transactions leave the Trust's holding at 6,746,611 Ordinary 5p shares,
which according to our records, now represents a holding of 4.384% of this class
of capital.


The shares will be held in the name of HSBC Global Custody Nominees Ltd.
Account Designate EAGLET - 866379.





From Eaglet Investment Trust plc"

[liveinhope] 26/9/2002 23:23

sreed - todays rise must by your definition be a surge!

[liveinhope] 26/9/2002 23:22

Up 8p (or 4.4%) today. Good enough for me.

[maryquant] 25/9/2002 15:50

how many partity do these people have/

[acwill] 25/9/2002 11:30

possibly due to 38% drop in parity shares after profits warning

[liveinhope] 25/9/2002 08:37

sreed - funny plunge to me. Is markdown due to XD as seem to recall sometime soon and in region of 7.5p

[sreed] 25/9/2002 08:14

plunging now

[washbrook] 20/9/2002 03:40

sreed
Good point. Collectively weighted by capitalisation.
Pendragon largest £178.9m
Solitaire smallest£15.4m
todays best
Radstone +4.75%
worst Mears -2.08%

[dil] 19/9/2002 20:58

Forgot joe90g , pictureframe ............ :-)

Where can I get an up to date list of holdings ?

Cheers

Dil