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Share Name Share Symbol Market Type Share ISIN Share Description
New Star Investment Trust LSE:NSI London Ordinary Share GB0002631041 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +2.00p +1.90% 107.00p 102.00p 112.00p 107.00p 105.00p 105.00p 0 15:18:52
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 1.8 0.8 1.2 91.5 76.00

New Star Investment Trust Share Discussion Threads

Showing 51 to 74 of 200 messages
Chat Pages: 8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
29/9/2013
15:52
Well we don't need a dividend, we just need a manager with some investment ability! If the Board really cared they would tender the investment management contract. They probably won't do this as all the fees go to the owners company. Maybe John Duffield needs to attract a good manager. He must have known a fair few given his past career!
topvest
29/9/2013
13:23
"..your directors have explored various possibilities with a view to reducing this discount." Presumably they considered a "dividend" (in case they are reading this, a dividend is when you make a small annual distribution to your members !)
coolen
27/9/2013
19:33
The Board and investment manager are totally rubbish in my opinion. A 5-year old could run this company better. Massive discount. No meaningful NAV increase. No dividend. My portfolio is up circa 30% YTD and yields circa 4% and it's not even my day job. Why don't they find an investment manager that can do better? It's astonishing. They almost don't want to be successful. Makes you wonder whether John Duffield has a tax or other issue doesn't it? Surely, he would rather put this sort of asset with someone who isn't totally rubbish at investing and will make him a reasonable return?
topvest
27/9/2013
18:59
yep, satisfactory for who?? I can easily think of a 'satisfactory solution' for shareholders!
qwazi
27/9/2013
15:21
Your Company's shares continue to trade at a significant discount to their net asset value. Your directors have explored various possibilities with a view to reducing this discount but no satisfactory solution has been found. This position is kept under continual review by the board. i would love to know what they mean by 'satisfactory solution'!
edwardt
09/9/2013
11:30
depends on your perspective -on that discount it may well be doing something useful for one shareholder.
edwardt
09/8/2013
18:25
As I've said all along, they should use this vehicle for something better. It's just marking time, with an extremely poor investment manager and no yield. Either wind it up or do something useful. If they had a remit of not making any money or losing money they would be quite good..but not impressive when most investors are up 20-30% year to date. I'm up 35% and it's not my day job. Rubbish!
topvest
09/8/2013
16:18
correction still lots of cash - my mistake!
edwardt
09/8/2013
16:15
noticed the cash has been reduced significantly - now wait for a big market correction!!
edwardt
06/8/2013
20:20
Well it's all down to rubbish investment performance I think. Truly rubbish! A five year old could have made more money over the last 2/3 years. You would have thought John Duffield would be able to buy a better portfolio manager for his new business. Given he created Jupiter and New Star you would have thought he would have some ideas.
topvest
06/8/2013
15:56
maybe so - but at 37% discount in cash and unit trusts smomething is really amiss - any ideas what?
edwardt
23/7/2013
19:48
Yes, but so is the performance as well. Give me the money to invest and I am very confident I could beat Brompton!!
topvest
15/5/2013
07:36
Shame they don't seem want to do anything about the discount. I would have thought it would be in everyones interests.
qwazi
11/3/2013
13:20
somebody is buying though - the discount is way too wide to offload now. put in the back drawer and wait.....
edwardt
01/3/2013
20:04
Pretty poor relative record in the last few years. Not one of my better purchases, this one!
topvest
01/3/2013
09:42
The latest report includes the fact that they hold shares in BUMI - how bad can these managers be?
rooky4
26/2/2013
08:43
You have got to laugh not one mention of the discount and they are buying more brompton funds. go figure.
edwardt
10/2/2013
11:15
Well about time - it's on a massive discount.
topvest
08/2/2013
17:34
it appears to have come to life!!
edwardt
08/2/2013
17:34
it appears to have come to life!!
edwardt
18/10/2012
08:26
oh and estate planning may be a factor - pretty good way of paying less tax as well!
edwardt
18/10/2012
08:24
original position may relate to a deferred tax bill from sale of jupiter, i am no tax expert but suspect this would be crystallised on any wind up.. certainly not a, b - very unlikely, c doubtful, d undoubtedly.
edwardt
17/10/2012
20:03
And the answer is? a) He has too much money to care b) He wants to use this vehicle for something else c) He actually thinks the Investment Manager is good or d) It keeps Brompton's FUM up I would guess b) or d). What about you?
topvest
17/10/2012
15:42
ask yourself why he wants to maintain the status quo? the discount is bordering on laughable when most holdings could be sold with a push of the button.
edwardt
Chat Pages: 8  7  6  5  4  3  2  1
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