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IGC India Capital Growth Fund Limited

168.00
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
India Capital Growth Fund Limited LSE:IGC London Ordinary Share GB00B0P8RJ60 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 168.00 167.00 169.50 169.00 165.00 169.00 212,908 16:35:13
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Unit Inv Tr, Closed-end Mgmt 4.55M 3.77M 0.0432 38.66 146M
India Capital Growth Fund Limited is listed in the Unit Inv Tr, Closed-end Mgmt sector of the London Stock Exchange with ticker IGC. The last closing price for India Capital Growth was 168p. Over the last year, India Capital Growth shares have traded in a share price range of 121.00p to 192.00p.

India Capital Growth currently has 87,424,156 shares in issue. The market capitalisation of India Capital Growth is £146 million. India Capital Growth has a price to earnings ratio (PE ratio) of 38.66.

India Capital Growth Share Discussion Threads

Showing 1 to 9 of 275 messages
Chat Pages: 11  10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
26/9/2007
16:17
Hiya Cyber,

thanks for that.. So based on it being worth more than £1.35'ish in 5 years then I guess its worth buying.. as the stake is lower than the equiv. shares now therefore yiled will be better.. assuming it continues on the up..

D.

dennisbergkamp
26/9/2007
13:07
Dennis

They allow you to buy at £ for the next five years.

Ie assume the shares rise at 10% pa over next five years - the shares would get to £1.83 - ie a 60% rise. The warrants would have an intrinsic worth of 83p ie a rise of 147%. Make it 20% a year and the shares make 186% over the five year period with warrants making 455%.

Really depends on your appetite for risk as it works the same way on the downside.

There are scientific ways (ie Black & Scholes) which will value the warrants based on volatility and time left to exercise which will tell you whether the warrants are the correct value in relation to the shares but I don't have the model

Cyber

cybermine
20/9/2007
10:08
Guys,

Can you tell me what the warrants entitle you to? - I've tried to find out but could only see it allowed you to buy the shares at £1. In which case they are too high..! - Any thoughts??

D.

dennisbergkamp
06/7/2007
08:29
The discount to NAV pretty large considering the performance in the last three months. The warrants do not seem to have caught up with the share yet - were 33p when the share price was 104 at previous peak - anyone got a Black Scholes model for it?
cybermine
02/11/2006
18:52
Like India, unlike China...

"Unlike the South East Asian economies that largely depend on exports and international tourism for growth, unlike the Middle East that is largely dependent on oil to fuel their economies, unlike the South American economies that rely on natural resources and exports to US, unlike China where growth is not an issue but transparency is, India offers a much wider theme that is leveraged on its strong domestic populace and growing relevance in the global arena......"


Full article, that include 'how to play the India story' visit

blue_max
27/5/2006
22:03
Avoid.
Buy Caledonia instead.

davidbh
14/3/2006
20:58
its still gonna take a while to place investments and to c a decent rise in the share price of this one..
i m thinking more like six months...wat do u think?

simply_cool
14/3/2006
10:47
UEM/UEMW Utilico Emerging Markets have bought a shed load.
praipus
13/3/2006
21:46
hv been investigating this for a week...

ne one still on this board??

does any one have any updates on this?

simply_cool
Chat Pages: 11  10  9  8  7  6  5  4  3  2  1

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