Royal London Uk Equity Trust Share Discussion Threads

[currypasty] 09/1/2004 10:35

Blue again today 2.50 - 5.00

any target price Ram, say for example if FT puts another couple hundred on medium term ?

[rambutan2] 08/1/2004 19:17

must have been buys. will be v interesting to see who. wonder if trafalgar have bought more. whoever, its a good sign.

[currypasty] 08/1/2004 16:58

and now a 3.3m trade, perhaps they are linked, but either way should generate a RNS as there are only 70m shares in issue.

At close up 27.3%, RLU's best day ever! (mind you they have had alot of bad ones from the £1.00 issue price)

[currypasty] 08/1/2004 16:23

providing the FTSE keeps plodding on upwards, the leverage should cause the NAV to motor, its already 9.5p, and so I would expect the shareprice to follow. There must be some overhang, and perhaps the 3.25mil was some of that clearing. One of the MMs hold a large %.

[tony14] 08/1/2004 16:17

3.25m k trade gone through at mid-price. Shame about the spread on these though as they do look interesting especially with improving sentiment in the markets. ;-))

Regards

[currypasty] 08/1/2004 15:01

RNS Number:9557T
Royal London UK Eqty&Income Tst PLC
07 January 2004

NAV per Ordinary Share = 9.55 pence

NAV per Annuity Share = 88.09 pence*


Shareprice lunges up a massive 27% today

now 2.5 - 4.5

[currypasty] 02/1/2004 18:07

RNS Number:7436T
Royal London UK Eqty&Income Tst PLC
30 December 2003

As at close of business on 24 December 2003, the Net Asset Value ("NAV") per
share class of


NAV per Ordinary Share = 8.50 pence

NAV per Annuity Share = 88.09 pence*

*Includes accrued dividends of 13.085 pence in respect of the year ended 31
August 2003

[currypasty] 09/12/2003 16:58

RNS Number:0569T
Royal London UK Eqty&Income Tst PLC
09 December 2003

ROYAL LONDON UK EQUITY & INCOME TRUST PLC (the "Company")

As at close of business on 5 December 2003, the Net Asset Value ("NAV") per
share class of

the Company was:



NAV per Ordinary Share = 6.48 pence

NAV per Annuity Share = 88.09 pence*

[currypasty] 04/12/2003 18:32

but end of tax year is months off !


which leads to another thought.. Many investors (and mug punters) have done alot better this year, and could be facing CGT next April. However, most have some 'dogs' left in the portfolio, which are so valueless to be not worth selling, unless you have a CGT liability. So, come next march, I can see alot of these 'dogs' dumped big time, and giving others (me , ha ha) good buying oportunities !.. Keep some cash for next March / April !

[rambutan2] 04/12/2003 18:16

but would it have been worth 98.5p a share tax loss? if so, then perhaps just keeping his accounts up to date.

[currypasty] 04/12/2003 17:49

9. Number of shares/amount of stock disposed
3,500 ORDINARY SHARES

10. Percentage of issued class
0.005%

11. Class of security
ORDINARY SHARES OF 1 PENNY EACH

12. Price per share
1.5 PENCE

13. Date of transaction
3 DECEMBER 2003

14. Date company informed
3 DECEMBER 2003

15. Total holding following this notification
270,000 ORDINARY SHARES OF 1 PENNY EACH


WHY ????
Why sell £50 worth of shares ???

[millenniumsteve] 03/12/2003 11:00

Curry

It is only the holdings marked with a * not all in the list. The value of these could go up (just like RLU has).

Still holding long term and hoping that the stocks that they are making money on continue to increase.

[currypasty] 02/12/2003 18:23

RLU anual report came through letter box today, anybody got a week free to work out what it all means ?

RNS today..

"Blue Chip Value & Inc Fund Ord GBP 0.125 0.35
BFS Managed Properties Trust Ord GBP0.25 0.51
Britannic Global Income Trust Ord GBP0.01 0.00*
Britannic UK Income Trust Ord GBP0.01 0.08
CI Income Fund Ord GBP0.10 0.00*
Edinburgh Leveraged Income Trust Ord GBP0.01 0.00*
Exeter Smaller Companies Income Fund Ord GBP0.01 0.03
Exeter Selective Assets Investment Trust Ord GBP0.01 0.00*
Framlington Global Financial & Income Fund Ord 0.01
Gartmore Absolute Growth and Income Trust Pref Income Shs 0.07
Gartmore Distribution Trust Ord GBP0.01 0.00*
Geared Opportunities Inc Trust Ord GBP0.01 0.00*
Gartmore Absolute Growth & Income Trust Ord Inc GBP0.01 0.00*
Investment Trust of Investment Trusts Pref Income Shs 0.04
Jupiter Financial & Income Trust GBP0.01 0.54
LeggMason Investors American Assets Trust Ord GBP0.10 0.00*
Legg Mason Investors Income & Growth Redeemable Prefs 0.00*
Morely Absolute Growth Investment Trust Ord GBP0.01 0.11
Martin Currie High Income Trust Ord GBP0.05 0.00*
US Growth & Income Trust Ord GBP0.25 0.00*
1.74

* these holdings have no current market value




..no market value, ie they have lost the lot...

[rambutan2] 25/11/2003 20:29

just what i thought currypasty. big trades on jfi today as well.

[currypasty] 25/11/2003 20:19

at least they got 2.5p !!

[rambutan2] 25/11/2003 20:13

someone sold 1.7m at 2.5p.

[currypasty] 25/11/2003 15:16

tick down on ASK after 3 months unchanged

[currypasty] 20/11/2003 18:25

results to end aug...

"Looking to the future I am happy to report that the outlook for the UK equity
market appears more positive: having staged a marked recovery from the depressed
levels of the Spring of 2003, the market has been through a period of
consolidation and current signs look encouraging. The outlook for bond markets
is less clear with the possibility of further interest rate rises on the
horizon. Your Manager's asset allocation reflects these factors and your Board
looks forward to a more rewarding year. The Board's decision to retain a
substantial level of gearing has been a positive factor recently and I am
hopeful that this will continue to be the case."

[skyship] 14/11/2003 11:41

Currypasty - as you know, the investment performance on this trust has been pretty lamantable. Nice to see the rise, but it actually works out at only 1.25% on the gross assets over a week when the FTSE climbed c.1.5%. Still, with the chunk held in Bonds, 1.25% was a good week for RLU/RLSZ.

[currypasty] 13/11/2003 16:48

RNS Number:9551R
Royal London UK Eqty&Income Tst PLC
11 November 2003

ROYAL LONDON UK EQUITY & INCOME TRUST PLC (the "Company")

As at close of business on 7 November 2003, the Net Asset Value ("NAV") per
share class of

the Company was:



NAV per Ordinary Share = 6.41 pence

NAV per Annuity Share = 79.58 pence*

*Includes accrued dividends of 4.585 pence in respect of the year ended 31
August 2003




why the big jump up in NAV ?

[currypasty] 07/11/2003 17:23

The Company has today been notified by Aberdeen Asset Management PLC ("AAM") on
behalf of its fund management operating subsidiaries* that, as a result of its
acquisition of Edinburgh Fund

Managers Group Plc on 24 October 2003, these subsidiaries now control as
managers an additional 2,000,000 ordinary 1p shares in the Company.


The total number of ordinary shares in the Company now under the management of
AAM's operating subsidiaries is 12,732,174 ordinary shares, representing 18.19%
of the issued share capital of that class.

[currypasty] 06/11/2003 19:22

RNS 6/11

NAV per Ordinary Share = 4.78 pence

NAV per Annuity Share = 79.58 pence*

[currypasty] 03/11/2003 11:45

London Stock Exchange Regulatory Announcement
Publication of Market Maker Holding under Rule 2302
Name of company: Royal London UK Eqty & Inc Trust Plc
Relevant security: Ord 1p

Member firm: ABN Amro Equities (UK) Limited

Percentage holding: 10.54%

As at close of business on: 15th October 2003



they have been selling already... at 4.5p

[rambutan2] 03/11/2003 11:43

wonder who they intend to sell them onto?


Royal London UK Eqty&Income Tst PLC
03 November 2003

London Stock Exchange Regulatory Announcement
Publication of Market Maker Holding under Rule 2302
Name of company: Royal London UK Eqty & Inc Trust Plc
Relevant security: Ord 1p
Member firm: ABN Amro Equities (UK) Limited
Percentage holding: 9.98%
As at close of business on: 03rd November 2003