Mithras Inv.Tst Share Discussion Threads

[tournesol] 10/5/2017 23:33

Skyship
No Don't think HL supports blogging/discussion. This advfn thread is very useful source on this specific topic. ADVFN is real. curate's egg. Some threads are mayhem and anarchy. Others such as this are civilised and precious. Just have to take rough with smooth.

[skyship] 10/5/2017 18:27

Twixy - question - is there an HL researching/watching/blogging website half as good as here?

[twixy] 10/5/2017 17:50

My allocation with HL was 77%, not 100%, as the balance of my account read, so still in the game. Agreed Skyship; little doing on stock and what there is available is above the spread.

[skyship] 10/5/2017 14:35

I haven't calculated the exact figures; but the sale of Advance Pierre delivers c£8.2m CASH and an NAV increase from 223p to c237p. That AP CASH = c37% of the post tender net assets.

That cash stat suggests another tender may be on the cards sooner rather than later.

Looks to be little chance of getting any more stock at a discount to the last tender price of 217.5p. Personally I bought back just 3k @ 213p; so sadly getting squeezed out, though still a c6% allocation to what has proved a superb investment these past 3yrs.

[skyship] 04/5/2017 15:20

IDealing confirmed 32.525% as per Ian's calcs above. Also apparently the few holders they had in Group Nominees all accepted 100% - so no overage. Rare that...

No problem as the next Tender will likely be at a higher figure sooner rather than later, following the cash bid for their largest asset - Advance Pierre foods...

[westcountryboy] 04/5/2017 14:28

Yieldsearch - my 75.6% with AJ Bell Sippdeal, like Skyship's, was in my SIPP.

[langland] 04/5/2017 09:38

This does seem to be all over the place. I tendered 100% of mine. Successfully did 100% with HL (as others are reporting) but 'only' 42% with Stocktrade.

[yieldsearch] 04/5/2017 09:36

Great tks. mine is with youinvest / AJ Bell. I have requested clarification from them and will report back

[ianbrewster] 04/5/2017 08:56

Skyship - that was my initial reaction but it is only 4.28% of the excess you asked for so 4.8% of (100% - 29.5%)

YS - I got 32.53% from AJ Bell. difference is probably rounding to whole shares.

[skyship] 04/5/2017 07:46

YS - 75.6% - as stated above. The difference may be that between AJ Bell brokers, or a Sipp with YouInvest. Mine were in the latter.

[yieldsearch] 03/5/2017 23:58

i got 32.453% from AJ Bell / Youinvest.. and i tendered 100%? can people pls confirm their %result for youinvest, tks

[tournesol] 03/5/2017 23:01

I got 100% via HL

[skyship] 03/5/2017 18:35

Idealing have screwed up!!!

They told me 32.525%

I've delicately pointed out the minimum is 29.5% + 4.2791% = 33.7791%.

I accepted for 100%.....so they need to revise their figures...........

[rambutan2] 03/5/2017 18:27

TD came through today, was the minimum tender amount, I'd asked for 50%. In retrospect a good result!

Alliance trust arrived yesterday, was 33.4%, which is what I'd requested.

[langbarb] 01/5/2017 06:55

Has anyone received their allocation from TD?

[twixy] 29/4/2017 09:16

100% for me too with HL.

[skyship] 28/4/2017 15:54

75.6% at YouInvest but nothing reported yet by IDealing...

[westcountryboy] 28/4/2017 15:40

Interesting that my 100% tender request seems to have been accepted in full on my selftrade shares and that over 75% of my Youinvest Sippdeal shares were accepted in the tender - rather more than I wanted to let go. in retrospect! I've just bought a few back as there seems possibly more to go for...

[rambutan2] 27/4/2017 01:09

AGM presentation:

[rambutan2] 26/4/2017 11:40

Yes Twixy, agree. Deal is expected to close in 3rd quarter, and could fund another big tender all by itself. And is in US$.

[twixy] 26/4/2017 09:29

Cheers rambutan2; good find!

Not sure precisely what impact that will have on the portfolio, as APFH was 20% of the fund at the end of 2016 when the share price was circa USD28. My guess is that if could be circa 35% following the tender offer completion with a significant uplift to the NAV.

[rambutan2] 26/4/2017 02:13

Humdinger!

[twixy] 25/4/2017 10:17

APFH up at $36.60 now; looks like the NAV is likely to power ahead for the post tender stock!