Share Name Share Symbol Market Type Share ISIN Share Description
Polar Capital Technology Trust Plc LSE:PCT London Ordinary Share GB0004220025 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.00 -0.12% 1,680.00 1,676.00 1,680.00 1,684.00 1,676.00 1,684.00 137,602 16:35:29
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 13.1 -4.5 -4.7 - 2,247

Polar Capital Technology Share Discussion Threads

Showing 76 to 97 of 300 messages
Chat Pages: 12  11  10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
01/9/2003
10:36
The manager's recent move to 'overweight' Far Eastern stocks is looking shrewd, especially after last night's 3% rise in Japan. Wal'
wallace morris
19/8/2003
12:04
Back in the heady days of the tech boom, PCT traded at a premium to NAV of some 20%. Despite the recent rally, the shares are still trading at a DISCOUNT to NAV of well over 10%. If recovery is genuine and this rally is the 'real deal', then techs will lead the way once again. In such a situation, expect the discount to NAV to revert to a premium. This should gear-up potential returns in the short-term at least. For example, a 20% rise in NAV accompanied by a 10% discount reverting to a 10% premium would cause a 46% uplift in the share price. For even greater gearing consider the warrants. The above scenario, if it began today, would generate an increase in the price of the warrants of over 130%. The big question is "is this rally genuine & sustainable?". I don't know, but I'm using the warrants to balance my otherwise gold-focussed portfolio just in case it is. Wal'
wallace morris
24/7/2003
07:08
energyi At the agm yesterday the manager stated that his policy is to buy back for cancellation as many warrants as possible before 30th September 2005 so as to avoid dilution of the ordinary shares. What if any do you think will be the effect on the market price of the warrants? The warrants have rarely exceeded the difference between the exercise price of £1 and the then current share price except recently with the effect of the bear market on the ord share price and the time value remaining. Would a buy back program change this. Hopefully - yes- but I fear not. He was most positive about Japan tech shares saying they represent the best value in that area for 14 years. He has recently increased weighting from 5% to 18.7%. Quite impressive! Is there a specialist Japanese trust (with warrants) to take asvantage of this opinion?
firkin
15/7/2003
13:06
Having another look at this for an ARB: Maybe BUY the Wts & SHORT the NDX. But PCT looks too expensive to enter this now
energyi
18/6/2003
16:04
two protected trades revealed at close, reckon the 144 Buy was at opening.
errol0001
18/6/2003
14:36
thanks, i'm out for now - + £2.50 !! big time... this manager doesn't sell which is not profitable on this market.
errol0001
17/6/2003
18:03
For me, this rally is likely to run out of steam soon, so my answer is (b) time to take profits - which is what I am doing. I expected a rally from the March lows, but you have to ask yourself have the underlying realities changed so much since then that current levels will form the new floor? Well worth reading energyi's current bear thread, lot of challenging thoughts there even if you don't buy all the theories.
ashtongray
17/6/2003
16:11
does anyone care to comment - is this rally likely to go on this week or are you getting the feeling that its time to take a small profit while in the black?
errol0001
10/2/2003
11:59
AVZ QQQ = = = Longer Term Chart = = = = = LINKS: PCT: Anyone Following?: http://www.advfn.com/cmn/fbb/thread.php3?id=1310893 Humdinger's "Polar Bull" thread: http://www.advfn.com/cmn/pbb/thread.php3?id=3477693
energyi
22/10/2002
22:27
Fair comments. I have traded warrants for years and so realise the nature of the beast. You are correct there is a greater risk trading these, but the returns can be spectacular as well... just depends on your personal risk profile. Regards, Pete
karmicpete
22/10/2002
21:25
Plus worth repeating that gearing works both ways. IF the DOW/NAS decide to retest previous lows, the warrants could be pulled down quite sharply. And as MH says, the market makers have the upper hand here. not only on nms, but in a weak market the spread would also widen sharply, so offer prices would suffer disproportionately. This is not to say that the warrants are not an interesting punt, I trade in and out of them fairly regularly. But peeps should be aware of the risks: these animals can bite.
ashtongray
22/10/2002
21:17
Pete,I would agree with a lot of what you say here but would add one significant caveat in case anyone thinks they might be as easy to trade as ordinary shares,because they are not-they are very illiquid,carry greater inherent risk and have a very small NMS meaning the market makers always have the upper hand on trading.That's why all brokers require a special signed mandate before permitting clients to deal in warrants.
mh
24/9/2002
09:24
Possible to get these for about 18p!!! Or is this just another falling knife?
mart
20/8/2002
23:24
Discount: 123/ 140.44p (Friday's NAV) = NDX was up 3% yesterday to 1026, suggesting... Today's NAV could be: 140.44 x 103%: 144.65 123/144.65 = 0.85 0r 15% discount
energyi
20/8/2002
15:47
Does anyone know what is going on with the warrants (PCTW) today? There were quite a few very big/unusual trades.
yaco
09/8/2002
12:08
Could the NAS be bottoming out this time? Seems to be showing more resilience lately, if we can get through next few days without more worldcom type disclosures, might be basis for a relief rally at least. doubtless this PM will prove me wrong, Friday after 1630 BST is usually the signal for the DOW/NAS to do something entirely unexpected.
ashtongray
09/8/2002
10:38
Discount: 120/ 136.24p =
energyi
08/8/2002
09:29
Still nibbling when the warrants are sub-30p.
mart
06/8/2002
15:56
Yes. That was a great WT price!
energyi
06/8/2002
15:16
Hope you bought some Mart ! Unfortunately I was still in bed when they were being offered on the plate this morning,what an intraday recovery.
mh
06/8/2002
08:03
Warrants now at 20-23p. Mmmm.
mart
02/8/2002
20:24
PCT: 118/135.2= -13% Discount
energyi
Chat Pages: 12  11  10  9  8  7  6  5  4  3  2  1
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