Share Name Share Symbol Market Type Share ISIN Share Description
Majedie Investments Plc LSE:MAJE London Ordinary Share GB0005555221 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 225.00 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
220.00 230.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 8.05 6.91 12.90 17.4 119
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 225.00 GBX

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Date Time Title Posts
25/11/202016:57Majedie Investments PLC103
29/3/200911:11Investment Trust Income Stocks1

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Majedie Investments (MAJE) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2020-12-02 17:15:00227.5220,00045,504.00O
2020-12-02 16:29:38220.003066.00AT
2020-12-02 15:47:42226.87200453.73O
2020-12-02 15:43:34220.932,4095,322.29O
2020-12-02 15:29:03226.901,1102,518.55O
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Majedie Investments (MAJE) Top Chat Posts

Majedie Investments Daily Update: Majedie Investments Plc is listed in the Equity Investment Instruments sector of the London Stock Exchange with ticker MAJE. The last closing price for Majedie Investments was 225p.
Majedie Investments Plc has a 4 week average price of 190p and a 12 week average price of 176p.
The 1 year high share price is 268p while the 1 year low share price is currently 135p.
There are currently 53,028,638 shares in issue and the average daily traded volume is 28,955 shares. The market capitalisation of Majedie Investments Plc is £119,314,435.50.
ladywormer: Daveb - that was a good find. So little is written about MAJE
earwacks: Quite right HugePants. You definitely need them investing here. Thats why the buybacks seem rather superfluous especially in such trivial amounts. Looks like they are terrified the share price will fall further. It just looks like something is terribly wrong. Have they been following Neil Woodfords tips or something. They went from being quite reckless in 2010 to rather over cautious at the beginning of last year. My family invested here for the widows and orphans strategy which worked quite well in the previous century but look completely out of their depth in the 21st century. They used to be on a par to Merchants Trust both in price share investment and dividends now they are pathetically not even half the share price of Merchants. Just feels a bit fishy to me
earwacks: Trading at a substantial 20% discount to nav. Aviva part of the problem as they are possibly withdrawing their holding. At least it is being managed. Is this a operate issue from the share buy-back program I wonder. They also seem to be more active in their investments than the past , although trimming down their holding in individual stocks particularly outside uk, but still have global vehicles. Nearly 3% div which could improve. Interesting former Malaysian rubber company. Must be due a bounce...
spectoacc: I fear I sold out for a fast loss, which would have been a fast profit if I'd held on - latest NAV doesn't explain the rise tho, so maybe you're right re MAM revaluation. With hindsight, think it's a bit risky for me - like the discount & performance, but there's the "double whammy" of either rises or falls depending on MAM. ie funds go up, MAJE goes up, MAM goes up, MAJE NAV goes up - but also all in reverse. Same position as eg LTI, but different position to eg LWDB, whose "extra business" is different.
rambutan2: Re SIT's 20% stake in the manager, looks as though will have to wait for the first results for a fig/calc to be disclosed. Certainly has potential though. Below is from prospectus... 3 Investment in the Manager The Company will acquire a 20 per cent. equity interest in the share capital of the Manager on Admission at the same price per share at which the SAM Founder Shareholders subscribed for their shares in the Manager. Assuming that the Issue is subscribed as to 50 million Ordinary Shares, the Company’s investment in the Manager will constitute less than 0.5 per cent. of the Company’s Net Asset Value on Admission. This equity interest will be retained in accordance with the Company’s investment policy as set out in Part I of this Prospectus. The Directors expect that the Company’s investment in the Manager will help foster a relationship between the two entities that better aligns the interests of the principals of the Manager with the Company. The Directors note the potential for significant capital appreciation offered by the 20 per cent. equity interest that the Company will hold in the Manager. The business plan adopted by the Manager provides that it is to establish and act as investment manager to a range of investment funds that have the potential to earn the Manager both management and performance fees. The range of funds to be managed by the Manager by the end of Q3 2014 is expected to comprise the Company and a UCITS with four sub-funds, each characterised by either a long or long/short investment strategy in UK or pan-European equities. The Company may realise value from its investment in the Manager in part through what is expected to be a significant dividend payout rate in the medium to long term, and in part through the eventual disposal of the investment. The Board will periodically evaluate exit opportunities in respect of the Company’s investment in the Manager and will assess the viability of any such opportunities in the light of then-prevailing market conditions. The Directors hope, however, that this co-investment in the Manager will prove to be one of the Company’s more profitable long term investments, thereby helping the Company to achieve its investment objective. The SAM Founder Shareholders intend to subscribe for Ordinary Shares in the Issue in an aggregate amount of between £8 million to £10 million (which will represent between 16 to 20 per cent. of the Ordinary Shares in issue on Admission, assuming that the Issue is subscribed as to 50 million Ordinary Shares). The Directors believe that the Company’s investment in the Manager, and the personal investment of the SAM Founder Shareholders in the Company, give rise to a beneficial alignment of the interests of the Company and the Manager in the future success and profitability of the Company and the Manager.
topvest: Yes, just caught up with this. Makes sense to me. Nice that they followed my! Javelin Capital just hasn't been successful. MAM are a much better fund manager. Dividend needed re-basing as it was unsustainable. Sustainable investment strategy should now be in place, and make sense to divest of the MAM shares over time. Share price up shows that the market likes this move. It does make you wonder whether MAM may use this as a first go at managing an investment trust. They may launch more I guess!
ntv: thanx rambutan2 asset value is climbing at a good pace and yield is excellent share price still at a large discount to net assets
asmodeus: I have bought what I thought was Majedie income investment Trust today, but on doing further research, am totally confused! There appears to be more than one fund under the epicode MAJE, and differing information as to portfolios etc., if I look at the Majedie website itself; or Trustnet; or Citywire, and totally conflicting ideas of performance, launch dates etc., and you, Topvest, and others refer to Javelin, and it does not get a mention in some things I have read! I am not at all sure what I have bought, now! Any help would be gratefully received.
topvest: Nice.. MAJEDIE INVESTMENTS PLC (the "Company") Special Dividend The Directors announce that, following the receipt of a dividend from Majedie Asset Management Limited, the Board of Directors has today declared a special interim dividend of 2.5 pence per share which will be paid on 8 March 2010 to shareholders on the register on 26 February 2010. The Ex-dividend date is 24 February 2010.
ladywormer: I never thought I would see a thread on this share. I hold shares that have been in the family from the 70's. My late uncle thought these were the best shares in the world.
Majedie Investments share price data is direct from the London Stock Exchange
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