Hansa Investment Share Discussion Threads

[bitgold] 14/2/2021 11:46

Given how the UK government has turned anti-business and free markets this past year, it's looking like a fabulous decision by the Hansa board. I also see a potential major upturn in commodities, so Brazilian shipping will do well. Given the 30% discount, this screams buy. Especially as Britons realise they need to get more of their capital outside the UK.

[mach100] 21/10/2020 18:15

Joined in today. Hopefully levelled out at worse. Share price has been ok since April so might pick up in a Santa Rally.

[essentialinvestor] 13/2/2020 15:33

Ah right, thanks for the reply, appreciated.

[coolen] 12/2/2020 22:53

Were IHT an issue for the Salomons, you've got nearly 300p of assets valued for IHT purposes at 200p.

[essentialinvestor] 12/2/2020 13:23

Why the buying is what I'm wondering?.

[rambutan2] 11/2/2020 19:55

At 190p that's £1.235m to add to his recent share buying splurge: On 07 February 2020, Hansa Investment Company Limited (the "Company") was notified that William Salomon, Director of the Company, had acquired an interest in the share capital of the Company shares. Following this purchase of 650,000 'A' ordinary shares, his total interest in the Company is 10,864,345 ordinary shares and 1,570,500 'A' ordinary shares.

[cflather2000] 25/1/2020 17:07

Good point

[solarno lopez] 23/1/2020 08:28

Thanks Steve wise words me thinks

[steve3sandal] 23/1/2020 08:17

SL. Stating the obvious perhaps but yes, the large discount creates the potential for the shares to be a buy. But if that discount persists you would also be selling at a large discount. I first tried to profit from a 30% Hansa discount in the early 2000s but it’s now even higher. I’m not convinced the company is fun for my benefit and it’s been a long term underperformer in my portfolio. There are times I’ve topped up, top sliced, gone all in and all out, to little avail. I’ve hung around in the hope of something strategic occurring to crystallise value but it’s evidently not in the Salomon interests, at least not in the current generations interest. I won’t be around for the next generation. Just saying.....

[muffster] 23/1/2020 07:54

Ram have you invested into the hansa fund, looks good but large discount and 5 Yr performance aren't that good. Have a look at buffettology fund. Higher risk accepted.

[solarno lopez] 23/1/2020 07:43

Considering the large NAV discount to the current share price are the shares a buy ….they must be surely ?

[solarno lopez] 23/1/2020 07:40

Thank you Rambutan excellent find

[rambutan2] 23/1/2020 04:59

Yield is 1.7% at 189p, say they: htTps://www.hansaicl.com/~/media/Files/H/Hansa-Investment-Company-Limited/documents/2019-12-31-hansa-investment-company-limited-fact-sheet.pdf

[solarno lopez] 22/1/2020 14:27

Thank you Risky and Essential I was working on quarterly dividends of 1.6p to arrive at my 3.2%

[essentialinvestor] 22/1/2020 14:10

solarno, if you want to check yields, Morningstar or HL usually useful.

[riskvsreward] 22/1/2020 13:48

More like 1.5%, 3.2 p.

[solarno lopez] 22/1/2020 12:55

any help will be appreciated

[solarno lopez] 22/1/2020 07:25

I have the yield circa 3.2% does anyone agree or disagree please

[rambutan2] 21/1/2020 19:18

Well, post Christmas I bought in at a 35% discount, as was one of the very few trusts not to shrink its discount post election. It should be fairly defensive, so happy to park some money in it. Also noted that Mr Salomon had been buying quite big. Gets a supportive para in this report: htTps://oam.com.ky/documents/2019-Chairman-s-Statement-OAM-EVF.pdf hTtps://mastersinvest.com/new-page-16

[steve3sandal] 07/8/2019 19:11

Good spot. Great stewardship, not. Watchlist candidate might just get more interesting if it gets the kicking they deserve. Diarised for 29th. Cayzer family might not be bothered about share price and more bothered about Corbyn, but that looks like such old news now. Dearie me.

[rambutan2] 07/8/2019 18:43

Great idea board, that’ll help bring the discount in! FTSE Russell has noted the Scheme of Arrangement in Hansa Trust (UK, 0787972, FTSE UK SmallCap), whereby shareholders will receive five shares in Hansa Investment Company Limited (Bermuda incorporated) in exchange for each existing share held. In line with the FTSE Nationality rules and on the basis that the free float of Hansa Investment Company Limited is not expected to meet the FTSE UK Index Series minimum requirement for non-UK incorporated companies, Hansa Trust is expected be removed from the FTSE UK Index series in conjunction with the scheme effective date. Subject to court sanctioning and based on the current timetable, FTSE Russell anticipates the following treatment: Thursday 29 August 2019 (from market open) Hansa Trust will be deleted from all indexes. FTSE Russell will issue a further notice in due course.