Jup Ord. Share Discussion Threads

[skyship] 16/3/2021 09:19

Spec of the Year in the Header - HMSO. Now up 60% & pushing on to 40p! As ever I sold too soon; but hope someone else bought and held...

[skyship] 15/3/2021 08:28

You were just ahead of me - so will have to wait...

[gary1966] 15/3/2021 08:14

Took the money on RGL first thing, but looks like too early, as wasn't expecting quite such a quick tick up. Equivalent to more than a quarters dividend and so happy with that for a trade I only took out at 16:15 on Friday.

[skyship] 13/3/2021 07:10

Snap - bought back a few top-sliced RGL yesterday at just under 77.4p.

Well done with your M&G....very nice turn.

[gary1966] 12/3/2021 16:44

Banked a good, short term, 20%+ profit on M&G today. RSI high and a gap at 204p is what I hope to get but will probably go the other way.

In the short term I have bought back my position in RGL today at prices between 76.1-76.5p, having sold at 79.9p not that long ago.

Joined you in NBPE today Sky but at a slightly higher £11.85.

Have a good weekend all.

[skyship] 05/3/2021 13:07

epi - this may be an Edison update/review on GPEO:

[gary1966] 04/3/2021 19:14

I decided to sell the other half of my RGL holding today at around 79.9p. Just feel that there are possibly more falls in property values to come and given that I think the NAV is already down to around the 95p level I am not sure how much more upside there really is.

Timing may be fortuitous with the state of the markets this evening.

[epistrophy] 26/2/2021 10:14

Re. discount to NAV, bear in mind this isn't a liquidation play. It's more like the Eastern European version of Berkshire Hathaway ... investing for long-term growth. They do own an insurance company among other things ...

[epistrophy] 26/2/2021 09:23

Yes absolutely. Perhaps try the Edison report for further research.
The company's very underfollowed.

[skyship] 26/2/2021 09:19

Epi - thnx for the input. CGEO certainly not one for the risk averse with so many dangerous neighbours, not least the Putin kleptocracy!

Sure a 50% NAV discount; but does that represent value when very little hope of seeing any distribution.

Chart not good. If 500 fails then 450 quickly beckons. Will watch, wait & read a bit...


free stock charts from uk.advfn.com

[epistrophy] 26/2/2021 08:58

It's a £250m market cap and the spread's usual fairly tight ... but sometimes the MM's won't quote for some reason. Be patient and/or use a limit order.

Bear in mind there is country/political risk and they have a chunk of USD debt - so not for widows & orphans but I like the risk/reward.

[gary1966] 26/2/2021 08:54

Horrendous spread on CGEO though unless there is a large disparity between quoted and real spread.

[epistrophy] 26/2/2021 08:33

Hi SKYSHIP, a couple of months late, but here's my contribution -

CGEO - 50% discount to NAV and one of the best management teams of ANY investment co out there IMO. It's a play on the vaccine rollout and tourism returning to the country.

Check out the new valuation tool on their website:


Speculative play - TSLA July $400 puts :-)

[gary1966] 25/2/2021 19:16

That was the amount I managed to buy the other day with the amount of money that I had and wanted to sell them all to return my position to 30k.

[skyship] 25/2/2021 18:10

Well-timed. . But why that odd figure of 30908?

[gary1966] 25/2/2021 14:35

Just been decisive and got lucky and managed to sell the ones I bought the other day in one lot at just over 77.3p and bank a small profit equal to the divi I will forego by selling.

[gary1966] 25/2/2021 14:08

Nearly did the same with regard to RGL and wish I had been more decisive. Price moved down over 1p all of a sudden and so I assume people have seen your post. Who said individuals can't move markets!!

[skyship] 25/2/2021 13:54

A darned good profit - well done you.

As for RGL, I suspect your estimate may be ballpark; but no way of knowing as the valuation depends on what the cash position is. Still, I halved my holding this morning, having only recently upped it - a breakeven trade for that lot.

[gary1966] 25/2/2021 13:34

Not meaning to look like a complete tool but 4 hrs after writing the above I decided to take the 40% profit on TRIN. Immediately the bid price was moved up to 15p which is what I really wanted but had to settle for 14.85p. Anyway gap on chart at 13.5p elevated RSI, £/$ due for a pullback to the $1.37 level and also at elevated RSI which should lead to a weakening oil price potentially. Anyway this could be a good time for everyone else to jump in as I am usually a good contrarian indicator.

[gary1966] 25/2/2021 09:13

Your welcome, glad you made some money on it. As I have outlined recently on here my trading prowess isn’t that great and so I will just sit on them and wait for the news to unfold this year. However, I am glad that I sold AZN at £79.75 as that is one that I did get right.

What are your thoughts on the EPRA NAV at RGL after this mornings announcement? I am thinking in the 95-97p range. Am I being too bearish? Not sure if LTV moving above their target range is a concern, all be it marginal at the moment.

[skyship] 25/2/2021 09:02

Gary - thnx for Trin - played it 3x; ending up with selling too soon, but a useful trade.

[gary1966] 23/2/2021 09:26

Will that, combined with last nights briefing, prompt the beginning of the closing of the discount I wonder. Thanks for flagging up though.

[skyship] 23/2/2021 09:07

Gary - RGL announce their end Dec'20 portfolio valuation this Thursday. N/c would be my guess.

[gary1966] 23/2/2021 08:46

Another great decision by me, not, to switch from NRR to RGL. I do have a habit of timing things perfectly to miss out on mini re-ratings.

[gary1966] 15/2/2021 20:43

Sold my holding in NRR today to double my position in RGL. Seems to have been very weak lately in comparison to others. Personally I can’t see the death of the office as working from home for a lot of people is impractical due to space constraints at home as well as the mental health aspects. They have a well diversified tenant base and I know it is one of your core holdings Sky to give me more confidence.