Henderson Opportunities Share Discussion Threads

[mad foetus] 06/10/2017 09:08

RWS up 10% today after results. Was the third biggest holding here at end of August. There are some racy things here - KWS and PRSM were the top holdings, looks like James has focussed more on momentum recently.

[18bt] 06/10/2017 07:44

Looks like it might break out of its 900-960p range of the past 8 months

[steve3sandal] 05/10/2017 16:53

The discount closed in Q1 ahead of a vote on winding up at NAV. Shareholders voted against and since then the discount has gapped open again. I sold in March and bought back the other day, (hat tip to Mad F). When enough people spot the discount and James Henderson's track record I am hoping it will close and I might be able to scalp a £1 a share. Meanwhile I have drilled into the Top 1O and found something else I am interested in (hat tip to James H). Keeps me busy between school runs.
S3S.

[strathroyal] 05/10/2017 13:44

The NAV appears to have increased by around 20% since the last annual report, but the share price has barely changed. I don't see this lag as anything unusual for investment trusts such as this where the emphasis is on capital growth. Revenue reserves do not support large dividend increases and the management don't go in for share buybacks.

Therefore HOT will only ever appeal to a limited number of investors (the small number of comments on this board would suggest that is the case) but, with a long term track record, patience will undoubtedly be rewarded.

[mad foetus] 05/10/2017 12:05

MRF, if you checked your facts you would know that, across the investment trust area, discounts are, on average, at historic lows. It is increasingly hard to find value on a pure discount basis, which is why HOT stands out.

[my retirement fund] 05/10/2017 12:03

To answer your question.You should certainly invest elsewhere if a particular market has heightened risk, and if that is not possible then you should certainly discount that market to include additional risk premium.This is well documented and is the basis of my previous post.No one's telling you to stop investing, at least I don't think they are.

[mozy123] 05/10/2017 09:38

MRF - 99% of every company listed in london trades with Europe and the world. Should we all stop investing because politicians have thier soap box out?

the discount is wonderful if you are a buyer ;)

[my retirement fund] 04/10/2017 22:37

Question is that are any trusts likely to see tight nav correlation whilst you've got the uncertainty of credit in the background. Until it becomes clear what kind of tarrif or tarrif free trading with our largest European market, who is going to pile into such trusts?

[bamboo2] 04/10/2017 22:09

Chart of nav discount.

[29palms] 04/10/2017 18:44

NAV discount has widened to £2.56 per share.
Value will eventually show here, just a matter of time.

[mad foetus] 04/10/2017 13:55

Now 12.17. Talk about a bargain!

[mad foetus] 02/10/2017 15:42

NAV at 11.989! Mental discount.

[29palms] 08/9/2017 13:58

Getting seriously undervalued here imo
£2.48 per share discount to NAV today

[29palms] 17/8/2017 13:55

Tremendous value here.
SP has also gone ex-div today which should have resulted in mark down of 6p
Strong support with more headroom imho

[mad foetus] 17/8/2017 12:18

Yes NAV up to 1181.9 today, great discount atm

[mozy123] 16/8/2017 15:28

No doubt 4d Pharma helping this along today.

Great discount which imo does not reflect the long term value that James Henderson has delivered for this trust.

[29palms] 19/6/2017 16:15

Half Year report out today and as I have previously suggested PRSM is now the top holding in the portfolio.

Top Five Contributors Share Price
Return %
Blue Prism 122.3%
Keywords Studios 86.0%
Serica Energy 129.0%
Conviviality Retail 50.6%
XP Power 58.8%

Interim Dividend of 6p

[29palms] 12/6/2017 18:54

Tremendous value here(Including Income)on NAV with discount today @ £2.18 per share.
As always DYOR

[29palms] 30/5/2017 13:51

Serious re-rating is due here IMHO
PRSM continues to scale new highs again today.
DYOR

[mad foetus] 22/5/2017 20:35

I think they also have Keywords as one of their bigger holdings, up 5% today. I may shift some funds from HSL into this, though I like HSL too...

[29palms] 22/5/2017 19:10

At the last Company update PRSM was showing as second largest holding having bought at 75p as IPO.
With the recent stellar move up by PRSM wouldn't surprise me if this is now the top holding in the portfolio.

NAV discount now sitting at £2 per share, can't be long until HOT gets a rerate IMO

[mad foetus] 11/5/2017 12:24

NAV now at 1151, up sharply the last couple of days, great entry point

[mad foetus] 03/5/2017 13:03

Just bought back in at under 950, discount looking tasty again, NAV up 50p since I sold and share price down 25p. Fingers crossed.

[mad foetus] 04/4/2017 10:53

Sold my last lot here, bought at 8.30 in December so happy days

[nimbo1] 27/3/2017 13:36

I sold mine at c.9.50 - a little too early. I don't like the high percentage holding in dddd. However it looks like it has been reduced somewhat. I will buy again if another opportunity presents itself.