ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

NSI New Star Investment Trust Plc

107.50
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
New Star Investment Trust Plc LSE:NSI London Ordinary Share GB0002631041 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 107.50 1,412 00:00:00
Bid Price Offer Price High Price Low Price Open Price
103.00 112.00 107.50 107.50 107.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Unit Inv Tr, Closed-end Mgmt 15.87M 14.68M 0.2067 5.20 76.35M
Last Trade Time Trade Type Trade Size Trade Price Currency
12:55:00 O 228 107.01 GBX

New Star Investment (NSI) Latest News

New Star Investment (NSI) Discussions and Chat

New Star Investment Forums and Chat

Date Time Title Posts
11/12/202408:52New Star Investment Trust - John Duffield controlled and not joining Henderson!271
30/6/201121:18National savings - another government con13

Add a New Thread

New Star Investment (NSI) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
12:55:01107.01228243.98O
10:22:46105.00550577.50O
10:09:48107.01634678.44O

New Star Investment (NSI) Top Chat Posts

Top Posts
Posted at 30/12/2024 08:20 by New Star Investment Daily Update
New Star Investment Trust Plc is listed in the Unit Inv Tr, Closed-end Mgmt sector of the London Stock Exchange with ticker NSI. The last closing price for New Star Investment was 107.50p.
New Star Investment currently has 71,023,695 shares in issue. The market capitalisation of New Star Investment is £76,350,472.
New Star Investment has a price to earnings ratio (PE ratio) of 5.20.
This morning NSI shares opened at 107.50p
Posted at 06/12/2024 22:27 by c3479z1
agm rather shambolic, John Duffield 10 mins late, limited time for questions, a shareholder queried the NAV vs share price, oblique reference to the need for capital returns or buy-in of shares to close perhaps, investment manager gave a presentation, looks as she sold the gold fund at the wrong time and has a low weighting now to USA, I note that many think US could be the best market again next year with small caps taking up the running, no specific questions asked about whether there could be another capital return, no director apart from Duffield holds any shares, low-key affair, geriatric board, with one exception, performance pedestrian similar to Hansa Trust, won't shoot the lights out, change in the investment mandate to capital growth and income from just capital growth approved though reorientation towards income appeared already to have begun,
Won't see much radical action, one surmises, with the Board constituted as presently and with Duffield holding 60% of the shares, the others none.
Posted at 09/10/2024 07:39 by ijamlon
The overall market effect of all these possible tax changes is clearly a short-term negative for the market. In the case of NSI, however, there is a possible implication that might accelerate its wind-up. Under current rules, capital gains reset to zero upon death, strongly incentivising you to pass on your appreciated assets as they are and eliminate the tax liability. If, as rumoured, they make historic CGT payable by your heirs then I suppose it removes one tax incentive to leave the messy business of winding-up the fund at NAV to your children, especially if he has the ability to offset some losses and gains before then.
Posted at 09/8/2024 08:29 by 97peter
NSI slow at paying out? No b share money in yet?
Posted at 29/7/2024 15:34 by bench2
I agree Ijamlon , it could be a one off and as you intimate to pre-empt any rise in CGT . I will try to attend the AGM in November with an old City friend who used to work with Duffield at Jupiter/New Star he owns a large tranche of NSI , so we can see how Duffield is looking . It is just a 1% holding for me in my ISA. I am surprised tha t all the non execs hold no shares in NSI .
Posted at 29/7/2024 11:24 by bench2
There will never be buybacks for NSI , as similar to Hansa , when an individual owns a large block in excess of 30% , any buy backs will increase his/her stake and they may be forced to buy the whole company . Hence the B share distribution .. cash goes to all holders and Duffield retains the same 59% stake in the company which is now circa 12% smaller . So expect generous dividends and probably a B share each year , rather than any buybacks .
Posted at 25/7/2024 08:45 by 97peter
Why has share price dropped 40p when the b shares like a divi have only taken 24p off the price?
Posted at 23/7/2024 12:10 by ijamlon
This is very useful thank you. I agree the ex date looks accurate, they almost seem to have confused the meaning of 'record date' with something else.I will be very interested to say where the share price trades on Friday. Would have helped if they were doing an ad hoc NAV at the same time.
Posted at 08/7/2024 18:43 by bench2
I agree chillpill , I added at 126p today , ex the 24p B shs share price should be 102p , and NAV 170p , so discount moves out from 35% to 40% . Nothing to stop JD having another B share issue next year , all to play for .
Posted at 02/7/2024 18:43 by bench2
John Duffield (JD) who owns 42m shares , circa 59% of the trust has been content for Brompton to manage NSI in a semi "wealth preservation mode " , paying minimal dividends . The big change was to move from Expensing all management fees to allocating 100% of MFees to Capital , thus boosting the earnings to circa 2.99p last year with a total div of 2.6p . With recent half year EPS of 2.07p , I expect EPS nearer 4p this year ended 30 June 2024 and a total div of 3.4p ( 1.7p Interim 1.7p Final ). Why the change ? It feels that JD wants now to take cash out by way of annual divs of £1.428m per annum ( 3.4p x 42m shs ) plus the B share distribution will bring him circa £10m . This has been a sleeper on a wide discount with paltry dividends , waiting for JD to change tack or pass on . A much more interesting holding now in an ISA with a yield of 2.6% and more action to come .
Posted at 21/6/2024 19:07 by c3479z
return of capital via B shares that can be redeemed, so that must be tax-efficient for individual investors/ should put the share price up on Monday?
New Star Investment share price data is direct from the London Stock Exchange

New Star Investment Frequently Asked Questions (FAQ)

What is the current New Star Investment share price?
The current share price of New Star Investment is 107.50p
How many New Star Investment shares are in issue?
New Star Investment has 71,023,695 shares in issue
What is the market cap of New Star Investment?
The market capitalisation of New Star Investment is GBP 76.35M
What is the 1 year trading range for New Star Investment share price?
New Star Investment has traded in the range of 100.00p to 143.00p during the past year
What is the PE ratio of New Star Investment?
The price to earnings ratio of New Star Investment is 5.2
What is the cash to sales ratio of New Star Investment?
The cash to sales ratio of New Star Investment is 4.81
What is the reporting currency for New Star Investment?
New Star Investment reports financial results in GBP
What is the latest annual turnover for New Star Investment?
The latest annual turnover of New Star Investment is GBP 15.87M
What is the latest annual profit for New Star Investment?
The latest annual profit of New Star Investment is GBP 14.68M
What is the registered address of New Star Investment?
The registered address for New Star Investment is 1 KNIGHTSBRIDGE GREEN, LONDON, SW1X 7QA
What is the New Star Investment website address?
The website address for New Star Investment is www.nsitplc.com
Which industry sector does New Star Investment operate in?
New Star Investment operates in the UNIT INV TR, CLOSED-END MGMT sector