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NSI New Star Investment Trust Plc

116.00
0.00 (0.00%)
18 Mar 2024 - Closed
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 Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 116.00 113.00 119.00 116.00 116.00 116.00 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Unit Inv Tr, Closed-end Mgmt 4.74M 3.25M 0.0457 25.38 82.39M
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 116p. Over the last year, New Star Investment shares have traded in a share price range of 109.50p to 122.00p.

New Star Investment currently has 71,023,695 shares in issue. The market capitalisation of New Star Investment is £82.39 million. New Star Investment has a price to earnings ratio (PE ratio) of 25.38.

New Star Investment Share Discussion Threads

Showing 51 to 74 of 250 messages
Chat Pages: 10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
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
02/10/2012
20:20
Really odd investment strategy at this investment trust; to be honest it's rubbish and most investors with a stroke of common sense could do better. If I was John Duffield and had a personal £25-30m earning nothing for 10 years or so, I would have taken some action. Pretty unbelievable when you have made your living creating Jupiter and New Star and you can't find someone that can invest £50m sensibly.

Then again maybe that was the problem with Jupiter and New Star - to clever for their own good and a general lack of common sense. I can't find one Jupiter vehicle that I would want to invest in. Maybe New Star was the same!

What gets me is the schizophrenic investment behaviour of the manager - 90% in eclectic funds and 10% in very very random equity investments. They lost over £2m in Bumi which is just unreal when it was their only material equity last year. Why put all of your equity risk into one risky vehicle...and we all know how that's turned out...very badly! This year they seem to have invested in All Star Leisure and Westhouse Holdings (who? and why?). There is no logic or strategy that makes sense to me, other than insanity or lack of focus.

Please John find a better manager...I and many others could do substantially better than the so-called professionals that are "managing" this trust.

topvest
10/9/2012
07:06
Another set of poor results for New Star. Not exactly a great "shop window" for Brompton Asset Management. This needs a shake-up.
topvest
09/9/2012
10:01
Results soon. Be interesting to see if they have any plans for this vehicle.
topvest
09/7/2012
10:53
see brompton are launching a range of unit trust products ....
edwardt
16/4/2012
14:24
cnx- your question would be better directed to the board...
edwardt
Chat Pages: 10  9  8  7  6  5  4  3  2  1

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