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Share Name Share Symbol Market Type Share ISIN Share Description
Personal Assets Trust Plc LSE:PNL London Ordinary Share GB0006827546 ORD �12.50
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  50.00 0.11% 45,100.00 45,000.00 45,100.00 45,150.00 45,000.00 45,150.00 1,990 12:54:20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 23.3 18.2 603.0 74.8 1,364

Personal Assets Share Discussion Threads

Showing 76 to 99 of 250 messages
Chat Pages: 10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
16/6/2012
16:21
Pvb: probably is. Next we will have day traders, shorters, mm manipulation, e mails to directors, goodness knows what. Best we hibernate again!
plasybryn
16/6/2012
15:37
That's probably a bad sign!
pvb
16/6/2012
15:14
Never seen so many postings here!
plasybryn
16/6/2012
14:21
I don't 'do' unit trusts.
pvb
16/6/2012
10:34
In that case, go for the similar (and similarly performing over 5 yrs - at lower volatility) Troy Trojan unit trust
40t
15/6/2012
21:05
Answering my own question I see they've been strongly tipped by Merryn Somerset Webb in Moneyweek; same goes for RIT. Oh Gawd! It's back to the 'old days' then. I look into a _company with a view to buying and immediately some so and so 'recommends' the shares and they zoom up before I even get around to buying.
pvb
15/6/2012
18:12
which makes this recent rise - the upwards pressure on the share price has been evident for a few days - all the more intriguing, if not bewildering.
backwoodsman
15/6/2012
18:11
but these shares normally reflect the value of the underlying holdings. One of the attractive qualities of PAT is that there is seldom much by way of discount or premium - that is an objective of the Board and, I suspect, is very much appreciated by holders.
backwoodsman
15/6/2012
18:03
Answering my own question I see they've been strongly tipped by Merryn Somerset Webb in Moneyweek; same goes for RIT.
flips
15/6/2012
16:57
Yes. I looked at it yesterday. I didn't buy. I guess they hold banks?
pvb
15/6/2012
16:38
anyone know the reason for the late jump in the price of PAT today?
flips
20/12/2011
09:11
Thanks Backwoodsman.
jimbo55
19/12/2011
17:04
Well found backwoodsman, and good to know. rrr
rrr
19/12/2011
09:23
Here we are: ...we now hold our gold in physical form, rather than an ETF. Reasons being that it is both more reassuring and also cheaper. August 2011 quarterly report. At the time gold was reported as comprising 13.5% of shareholders' funds. All the best Backwoodsman
backwoodsman
18/12/2011
20:55
A large part of it will be physical anyway I'm sure...I attended the AGM in the summer up in Edinburgh and as I recall comment was made about how one of the options open to the holders of the ETF/fund through which they had exposure to gold was to take delivery of the physical and this was an option PAT had exercised. Obviously if the exposure to gold has risen since then it might be that there is now a mixture of physical / ETF but I'd guess the preference from the board would be to to continue accumulating physical as and when any conversion was sensible. Regards, Dave
dab26
18/12/2011
11:11
From their newsletters - I don't have them in front of me - they seem quite clear as to the costs of holding gold and I am left with the impression that it is the physical asset which is held.
backwoodsman
17/12/2011
20:05
pip_uk, that's where I got the "Physical" Aspect from. I do agree with rrr now though - this could still denote an ETF. I personally just don't consider Gold to be physical unless it's in my own possession and I can see it. I will write to the trust and attempt to get some clarification here.
jimbo55
17/12/2011
16:07
True, but some people regard ETFs as 'physical'. I see it's also 14.5%. So I'm still not sure which it is. rrr
rrr
17/12/2011
13:36
http://www.patplc.co.uk/secure/documents/portfolio/portfolio.pdf You will see Gold as Physical.
pip_uk
17/12/2011
12:13
Personal Assets Trust: Great stock to hold in troubled times. Key objective is to protect investors wealth. Very long and distinguished history. Have a look at Capital Gearing Trust as well (CGT)
plasybryn
17/12/2011
12:10
I'll re-check that rrr. Pretty sure I read it was bullion itself in one of the annual reports.
jimbo55
17/12/2011
11:44
Jimbo: you say 'The one plus this trust has over the Trojan fund is, this trust holds physical Gold bullion (from what I recall from the last annual report I read).' Not sure that's right: looking at portfolio on http://www.trustnet.com/Factsheets/Factsheet.aspx?fundCode=ITPNL&univ=T they seem to have 14.5% in 'ETFS GOLD BULLION USD'. rrr
rrr
16/12/2011
23:32
Thanks DAB, appreciate the help, I have looked at the asset portfolio and am impressed by the comments on this BB. Call me Mr picky if you want but I am very spooked by the leverage on gold and other assets by the institutions, MF GLobal highlights the dishonesty that is out there. I am aware of hypothecation but didn't appreciate the multiples and I don't want to be fighting with others when gold starts to get called in, but this looks a good call over equities right now. If anyone thinks otherwise please jump in, I think we all need help/advice in the current climate....
phsycho
16/12/2011
15:48
That's a data error - there was no collapse in the share-price in 2008. The trust just released their latest results document and quarterly. In the quarterly is an essay on their view of gold - as I recall both documents should be available from the website: http://www.patplc.co.uk/ Regards Dave
dab26
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