Marwyn Value Investors Share Discussion Threads

[skyship] 15/1/2024 14:02

Seems right to me - a positive blend of ADVT & ZEG price rises.

[hugepants] 15/1/2024 13:21

Yes so there is. Still can't make the numbers work out though.

[tiltonboy] 15/1/2024 12:45

There is a note at the bottom of the announcement re: ADVT

[cousinit] 15/1/2024 11:53

I suspect it's a blend with ADVT adjusted but then not mentioning a similar/more material driver in there as well. Last time Le Chemeau was revalued ata year end the NAV didn't move until much nearer to the time of the accounts being released.

Talk about half a story!

[hugepants] 15/1/2024 11:41

yes I think you are right. NAV is up 5.4% but that cant all (any?) be due to ADVT since it was only approx 15% of NAV. Is the increase in the ADVT value still to come?

I was thinking NAV should have been higher due to ZEG anyway. But the dates in the NAV announcements don't tie up for either ADVT or ZEG so I've no idea.

[cousinit] 15/1/2024 11:10

Looks like Le Chemeau or something else written up within that as the 2016 realisation shares don't have any ADVT but similar NAV move

[hugepants] 15/1/2024 11:07

NAV 176p. So 50%+ discount maintained.

[tiltonboy] 15/1/2024 10:56

ADVT value written up to 93p ahead of listing

[return_of_the_apeman] 10/1/2024 08:58

No stock around to buy though as max size of 100shrs at HL @84p

82.8p if anyone would like to sell some to help with liquidity ;-)

[skyship] 10/1/2024 08:44

Indeed - 100p-105p as I type. Adds c5p to the NAV.

[cwa1] 10/1/2024 08:19

Solid start from ADVT this morning. Fingers crossed that sticks/improves...

[x54v] 09/1/2024 16:02

"#ADVT admission to AIM tomorrow.

Share price 82p
Mcap £109.22m

Investment in #SAA worth £19.2m
£78.7m cash with a further £3.5 to come from the sale of Synaptic.

Acquired businesses purchased for a combined £33m from Capita.

No debt

Assets worth >£130m
Fair value = 100p"

[tag57] 09/1/2024 14:57

Managed to buy some this morning on HL at 83p. Now need to wait for some more divis to drop to continue to build a position.

[toffeeman] 09/1/2024 10:47

No stock available on line on AJ Bell today

[tag57] 08/1/2024 20:28

Yep, there were a few transactions earlier today but nothing after 2pm when I was trying.

[chucko1] 08/1/2024 20:10

Odd - I bought some on HL a few days ago.

[tag57] 08/1/2024 16:17

Can’t buy any on HL atm.

[toffeeman] 08/1/2024 15:29

gap to fill to 85

[cwa1] 08/1/2024 13:52

MVi gently, quietly, creeping up :-)

[hugepants] 08/1/2024 11:28

Yes advt to relist on wednesday and trading update today.


ADVT is 14.2% of the MVI NAV.

[cerrito] 03/1/2024 09:21

martincc
Just seen your 1948.
I am sure Barclays are still far more restrictive than ii.The admin of Barclays is good but can only recommend them to those who just do the plainest of plain vanilla.

[skyship] 03/1/2024 08:58

ZEG moving up further - now 190p. We paid 150p for our recent 4.15m shares. Total holding c4.9m.

ADVT scheduled for re-listing on the 10th - a week today.

[cwa1] 22/12/2023 12:27

If any help AJB and iD both allow trading in them

[martincc] 22/12/2023 12:20

Thanks for replies, so its just ii then, imposing their own conditions not a new 'compliance' type issue for all funds and ETFs. Seems ever since abdrn took them over they've got more and more restrictive and 'we know best'.

[x54v] 22/12/2023 11:51

James Corsellis clearly keen at this level with the recent PCA buying on top of his earlier purchases in September and October.

Perhaps partly due to ADVT re-listing on Jan 10th and an anticipated move up as Vin Murria gets to work.

Marwyn has 20.5 million shares in ADVT which were 82p before suspension, so a fairly chunky holding.