Polar Capital Technology Share Discussion Threads

[ashtongray] 25/7/2002 12:52

Yes, think they are expecting NAS to give up a chunk of yesterdays gains, what with profit taking + the AOL/Time warner worries.

[mh] 25/7/2002 10:38

What the hell were the market makers doing marking the warrants DOWN to 33p this morning after the open markup,are they on DRUGS or what ? Buyers since seem to be forcing their hand to nudge back up a bit,have they become so cynical that they are anticipating a Nasdaq retrace already,maybe the reason why the bounce in the ords is so pitifull.Must admit I'm quite taken back by that.

[energyi] 25/7/2002 10:17

As at close of business on xxx, the unaudited fully diluted net asset value per share, calculated in accordance with the AITC formula was: 23rd July 2002: 136.25p and undiluted was 142.85p Will post the 24 July figure here later

[mh] 24/7/2002 22:55

bocadillo,I hope that's true,it's staggering to see these back at 1998 levels, as they were then,in the guise of HTTW.Providing we don't see further steep declines in the tech indices they should prove to be a stunning performer from here and offer a tremendous opportunity as a geared play on a tech recovery.

[bocadillo] 24/7/2002 22:40

MH: In my opinion, PCTW is a tremendous bargain at these levels...one of the best in my portfolio, Boc.

[mh] 24/7/2002 22:38

Very tasty indeed.There might be a little money to be made on these tomorrow morning if you are quick enough to get in first thing,as I have noticed that quite often the market makers are a little slow in marking them up in sync with the ordinaries if they do make a move up first thing in the morning following a strong session on the Nasdaq.We've not had many of them recently but after tonight's stonking rise we could see 6-7 points on the ords and thus a 20% move up on the warrants.The ords themselves are grossly oversold in line with the tech indices and trading at a discount to NAV.

[ashtongray] 24/7/2002 09:43

Warrants will have expired long before we do ;o)

[mart] 24/7/2002 08:25

Warrants at a very tasty 28-30p at the moment: 9:30hrs

[energyi] 18/7/2002 15:13

It sure looks to me as if the Dow is "coiling up" for a drive through 8?00: Later: shall we say 8000? Remember: Option Expiry tomorrow

[rambutan2] 16/7/2002 16:10

Another one to watch is Gartmore Euro wrrs. They move with the mkt, carry v little premium, have a top manager, quite liquid and had an ask of 72p today. Any upward movement in the mkts and these will quickly rise to £1+.

[energyi] 16/7/2002 15:56

ashton, If you are on the PBB (i think you are?) then watch this thread: http://www.advfn.com/cmn/pbb/thread.php3?id=2061259

[ashtongray] 16/7/2002 15:51

Going through much the same thought process, I opted this time for FTT, also now trading at 20% discount, good management imo & good (relative to sector!) track record. Could be only for into short term rally tho - if you spot one, let us know;o)

[energyi] 16/7/2002 15:47

R., If I could have bought at 30P, i would have. At 36p vs. 124p, I prefer the Ordinary shares for an expect 2-3 week (maximum?) hold. Certainly, there's nothing wrong with the PCTW warrants at these prices

[rambutan2] 16/7/2002 15:32

Why didn't you buy the warrants energyi. They seem to have hit their bottom at the low 30p mark and my guess is that mms will be reluctant to mark them down any further even if the shares drops some more.

[energyi] 16/7/2002 15:15

I finally bought PCT at 124p Today. Tends to trade in line with US Nasdaq100 Index (NDX): ...also trades at a Large 20% discount (124/154.45) to its NAV. In the recent past, it has traded at NAV

[mart] 03/7/2002 10:05

You guys all out now? Good price for warrants at the moment.

[ashtongray] 20/6/2002 14:36

Added some more PCTW @ 43p. Either brilliant price or foolish, who knows in this market? Does have until 30.09.05 to come right tho. ps ......but the 300,000 wasn't mine! (sigh)

[mh] 19/6/2002 23:56

The Friday-Monday rally didn't last long then and the techmark is plumbing new lows again already after it was once more spooked (as it so easily is) by the after market warnings out of the US last night.Can't see sentiment improving significantly short term.Very disappointing.Stoplossed out for now.

[ashtongray] 19/6/2002 13:00

zz: Thanks for reminding me, also for your thread on the same subject. We live in Interesting Times.

[zzaxx99] 19/6/2002 12:53

Re: upward surge - bear in mind it's Triple Witching this Friday - upward surge on Friday possible, but not wildly likely.

[ashtongray] 17/6/2002 13:27

PCT comment issued today ends with: "Certainly it seems improbable that a sustainable low (in NASDAQ) will be made before investors throw in the towel on 2002 earnings." Seems sensible to me, although the downside may not be great from here imho, and there will be rallies, including sgarp ones as already seen last month.

[pmeas] 17/6/2002 09:47

Never in this world is this the Tech bottom maybe an uptick at the best.imo