Royal London Uk Equity Trust Share Discussion Threads

[rambutan2] 27/1/2005 13:23

its been over 50% before!
cos no tradeable shares.

[hybrasil] 27/1/2005 12:18

Can anyone tell me why the spread here (17%) is so ludicrous

[currypasty] 07/1/2005 15:19

I should have waited a bit longer... FTSE flying, rlu up 12%

[currypasty] 22/11/2004 21:30

Im afraid I knocked the price a bit today, off loaded a few. The main reason being that I wonder if in short term FTSE is going to struggle.

[rambutan2] 19/11/2004 18:43

finals out. note that have written off busted splits. have finally acknowledged that no chance of div for rlu. will now go for growth. looks as though management fee to fall. all in all good...

[currypasty] 16/11/2004 17:28

16 November 2004

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



As at close of business on 12 November 2004, the unaudited Net Asset Value
("NAV") per share class of

the Company calculated in accordance with the AITC formula was:



NAV per Ordinary Share excluding current financial year revenue items = 13.86
pence (including

debt marked at fair value = 12.36 pence)

NAV per Annuity Share = 88.09 pence

[currypasty] 11/11/2004 16:32

hi tilton, and ram... thanks for the visit... My guess is FTSE will continue upwards, not sure of a target though!

[rambutan2] 11/11/2004 16:26

in the money once ftse hits 5200. i think.

[tiltonboy] 11/11/2004 16:01

CURRY,

Long time, no speak.

Looks like you're talking to yourself on this one.

There are some large prior charges that will eat into the NAV of the Ords over a period of time, so you are reliant on the market continuing to rise.

As you say, it's a long term call option on the market.

Good luck.

tiltonboy

[currypasty] 11/11/2004 15:46

09 November 2004

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



As at close of business on 5 November 2004, the unaudited Net Asset Value
("NAV") per share class of

the Company calculated in accordance with the AITC formula was:



NAV per Ordinary Share excluding current financial year revenue items = 12.77
pence (including

debt marked at fair value = 11.27 pence)

NAV per Annuity Share = 88.09 pence*

[currypasty] 11/11/2004 15:45

200k buy, and were off

i say we, but is there anybody else out there ?

[currypasty] 08/11/2004 11:17

RNS Number:9154E
Royal London UK Eqty&Income Tst PLC
05 November 2004

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



As at close of business on 31 October 2004, the Net Asset Value ("NAV") per
share class of

the Company calculated in accordance with the AITC formula was:



NAV per Ordinary Share (excluding current financial year revenue items) = 10.43
pence (with

debt marked at fair value = 8.93 pence)

NAV per Annuity Share = 88.09 pence*

[currypasty] 07/10/2004 07:56

Spread is very poor, but punters in RLU are looking for double trebble, who knows, all depending on the FTSE keeping going, and RLU's leverage on their holdings..


06 October 2004

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

As at close of business on 1 October 2004, the Net Asset Value ("NAV") per share
class of

the Company was:



NAV per Ordinary Share excluding current financial year revenue items = 10.94
pence (including

debt at fair value = 9.78 pence)

NAV per Annuity Share = 88.09 pence*

[guru11] 04/10/2004 22:23

Incredible spread - price up to day on no trading.
Are they saying asset value is 9.2p?
How can one trade with such a large spread?
Buy £1000 worth of shares and one has lost £333 straight away.

[currypasty] 04/10/2004 08:20

Big mark up today (17%), although part is MM ABN increasing his spread (as if it wasnt enough all ready)

currently

WINS 4.0 - 6.0
CSCS 3.25 - 6.25
ABN 3.0 - 6.0
UBS 1.0 - 16.0

[rambutan2] 22/9/2004 17:11

but four years to get there.
thats a very long call option.

[david77] 22/9/2004 17:09

ROYAL LONDON UK EQUITY & INCOME SECURITIES PLC (the "Subsidiary")

As at close of business 17 September 2004, the NAV per Zero Dividend Preference
share of the Subsidiary, a wholly owned subsidiary of the Company = 128.71
pence.

[currypasty] 22/9/2004 16:40

quite likely... a long way to go yet then !

[rambutan2] 22/9/2004 16:34

i seem to remember working out that needed ftse above 5200 to really be in the money?

[david77] 22/9/2004 16:08

What about the NAV for the important share?

[currypasty] 22/9/2004 15:24

22 September 2004

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



As at close of business on 17 September 2004, the unaudited Net Asset Value
("NAV") per share class of

the Company calculated in accordance with the AITC formula was:



NAV per Ordinary Share excluding current financial year revenue items = 9.23
pence (including

debt marked at fair value = 8.26 pence)

NAV per Annuity Share = 88.09 pence*

[currypasty] 03/9/2004 17:08

Cracking 19% rise today !

[currypasty] 03/9/2004 08:58

bounce in FT100 has given rlu nav a boost to back over 6p

[currypasty] 11/8/2004 17:18

NAV 9.5 in Jan, 4.3p now... what are they playing at ?

[currypasty] 11/8/2004 17:17

11 August 2004

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



As at close of business on 6 August 2004, the unaudited Net Asset Value ("NAV")
per share class of

the Company calculated in accordance with the AITC formula was:



NAV per Ordinary Share excluding current financial year revenue items = 4.35
pence (including

debt marked at fair value = 4.05 pence)

NAV per Annuity Share = 88.09 pence*