New Star Investment Share Discussion Threads

[topvest] 09/9/2012 11:01

Results soon. Be interesting to see if they have any plans for this vehicle.

[edwardt] 09/7/2012 11:53

see brompton are launching a range of unit trust products ....

[edwardt] 16/4/2012 15:24

cnx- your question would be better directed to the board...

[topvest] 07/2/2012 17:35

It will be interesting to see what John Duffield decides to do with this vehicle. A liquidation would generate some serious upside I suppose which would be most welcome, or they could use this vehicle for something more ambitious. Happy to wait as at least the investment manager is protecting real shareholder value, in terms of NAV.

[cnx] 07/2/2012 15:53

this is going nowhere. what are the investment duties of the managers?

[debbiegee] 30/6/2011 22:18

thanx ,I think investor thought it was complicated and he would have to run a thread but never mind !

[2gekko] 30/6/2011 21:06

debbiegee,

Well I thought it was a good idea anyway!

[debbiegee] 30/6/2011 11:38

hI GUYS WE CAN USE THIS THREAD FOR CHATTING ABOUT ASTROLOGY.
PUT IT IN YOUR FAVOURITES SO YOU SEE WHEN THERE ARE POSTS.
Blue bar near top add favourites

[edwardt] 15/6/2011 15:51

i think on this level the board have to do something!

[topvest] 15/6/2011 15:11

Yes, possibly so - still hold mine.

[edwardt] 15/6/2011 14:16

topvest - still watching this? having been kicked out of the all share, surely on the level of discount it is on, with trackers forced sellers, this is time to buy....

[edwardt] 30/3/2011 16:19

good estate planning for him long term if shares remain on a 25% + discount!

[topvest] 27/9/2010 21:29

Well, results out today and no hint of excitement at all. Languishing on a poor relative performance, no dividend and a c20-30% discount, something may well change. The trust doesn't seem to let any emotion / sense of direction out of the bag, so we will just have to wait and see what Duffield wants to do.

[topvest] 20/8/2010 15:18

Yes, odd. Interesting vehicle this one though if Duffield decides to use it.

[edwardt] 19/8/2010 14:49

shares are being marked much lower this week. underlying holdings are broadly unit trusts and look very dull but liquid. Hence there should be no particular reason for such a wide discount, other than there being one large shareholder and no liquidity in the trust!

[topvest] 02/8/2010 17:04

All very quiet on here + a big discount. Wouldn't be surprised if we get a change of strategy at some point this year + a change of name.

[topvest] 06/4/2010 19:13

The price has picked up a fair bit here. I wonder if a change of direction is on the cards?

[topvest] 09/3/2010 21:33

Shows how illiquid this is with a 5,000 purchase causing the rise.

[topvest] 23/1/2010 16:44

Brompton is up and running;



Fairly low key at the moment.

[topvest] 21/11/2009 17:53

Missed this:

"On 30 October 2009 the Company announced that it has given notice to terminate
New Star Asset Management Limited's appointment as its Investment Manager.
Termination will occur on 31 January 2010 or earlier by agreement. On
termination, Brompton Asset Management LLP will commence acting as the
Company's Investment Manager."

Off we go on a new course. Be interesting to see what Brompton get up to.

[topvest] 26/10/2009 20:54

Results passed by without much noise. Two observations on the accounts:

- The future and the relationship with New Star Henderson is avoided; and
- The accounts are missing the NSH logo's, quite unlike any other New Star or Henderson set of accounts.

What does this mean? In my view, something strategic is going to happen to this company, probably sooner rather than later.

Still at a massive discount which limits the downside. Anyone else any thoughts?

[topvest] 08/10/2009 12:54

All still quiet - results must be soon.

[topvest] 20/9/2009 10:09

Results anytime soon. It will be interesting to see what is planned for this former New Star IT. On a fairly sizeable discount. John Duffield controls, and is to my knowledge his only remaining listed vehicle.

[topvest] 03/6/2009 07:40

Yes, they do at the moment. It's not listed as a Henderson IT though and so I suspect this may change.

[rj allen] 02/6/2009 22:40

John Duffield may have control of the equity of this trust, but Henderson have the management contract. Presumably he will have to give notice to Henderson in the usual way if he wants to manage it himself.