Signet Gbl GBP Share Discussion Threads

[badtime] 21/1/2013 16:36

Warming to them tilts?Glad I added at 54p

[jaws6] 21/1/2013 16:23

tiltonboy
just saw them trades.some one is offering at 56 for 25000

[tiltonboy] 21/1/2013 16:21

A few interesting trades gone through, and the seller has withdrawn his order from the auction board...for the time being.

[jaws6] 21/1/2013 09:02

small tick up or mm missing

[mozy123] 18/1/2013 23:50

Top Ten Positions (Excluding Cash)
Cedar Hill Mortgage Opportunity Fund 9.78%
3DProp Co 9.67%
Gallois Investment Fund share price 9.48%
Autonomy Fund II D Limited 9.35%
South Asian Real Estate 8.72%
Double Haven Temple Fund 6.84%
Vision Hybrid Fund 2 5.29%
Autonomy Fund II C Limited 4.36%
Vision Multi-Strategy Fund 3.97%
Emerging Asset-Backed Fund II 3.87

Anticipated Timescale To Cash
Cumulative % of net assets
November 2012 6%
December 2012 7%
January 2013 15%
February 2013 15%
March 2013 15%
April 2013 27%
May 2013 27%
June 2013 27%
July 2013 34%
August 2013 36%
September 2013 36%
October 2013 37%
November 2013 37%
The remaining 63 per cent. consists of assets held through
27 funds where their expected realisation cannot be precisely
estimated, due to commercial uncertainty or insufficient
visibility. All the investments are in wind-down mode.
Percentages reflect the portfolio after the September
distribution of cash to shareholders.

[deepvalueinvestor] 18/1/2013 23:38

There is also an offshore fund with a similar name so beware.

[deepvalueinvestor] 18/1/2013 19:37

Liquidity profile and nav has improved since this report. Expect 33p cash per share back by autumn-this is why my allocations are large as I will only be left with 40% of current share price by then. I am assuming at least the current value within two years and then rest is my profit. Clearly current optimism in markets can't do us any harm when trying to exit our investments.

I am always pessimistic but this could actually provide 20% annual returns. The new manager only gets a bonus with 10%+ returns.......

[stevenlondon3] 18/1/2013 19:28

Cheers. I am trying to find some background info on the various funds - the top five or six?

[deepvalueinvestor] 18/1/2013 19:21

Steven, I get a monthly email. Contact Jeremy Fisher on [phone] and he will send you the last note and put you on the email list.

[stevenlondon3] 18/1/2013 19:05

Good evening . Silly question. Does anyone know the website address for Signet? Cheers

[deepvalueinvestor] 17/1/2013 23:26

Gulp, I'm a bit deeper than you tiltonboy. You don't want to know what %!

I am down to speak to new management soon and will try to give everyone here a sense of things. My feeling is that the previous management were under promising liquidity in 2013 but actually hoping to sell some of the property investments.

[tiltonboy] 17/1/2013 20:47

Only note I have got is from Kepler, but they are not brokers.

[jaws6] 17/1/2013 20:19

Thanks for that,In your ACD meeting did you see any broker note on ACD? if yes who was broker please write here only if you can or I understand.

[tiltonboy] 17/1/2013 20:14

jaws,

Correct. ACD is a core holding, SIGG is a spec.

[jaws6] 17/1/2013 19:57

tiltonboy
Does that mean we might not get update till egm ?

still I can see [e-mail] when they are not managing any more.

edit --from post above looks you like ACD more then SIGG after your meeting

[tiltonboy] 17/1/2013 19:49

lol...I havent got that many. I still have some reservations, so havent gone nap on it. I met with ACD today, and they are a far better bet IMHO.

[insipiens] 17/1/2013 19:33

I'm not sure tilts wants to have to appoint a new board :S

[jagworth] 17/1/2013 17:34

Board owns 0.06 per cent of the company
I expect tiltonboy and maybe some others on here own more than that

[tiltonboy] 17/1/2013 14:59

Absolutely. Why keep the name of the manager that doesn't manage it anymore!

[ianbrewster] 17/1/2013 14:56

Could it be Signet that are behind the name change? Don't want to be associated any more?

[briangeeee] 17/1/2013 14:16

Hardly a big deal, but was a little surprised to see a change of name GM request. Seems like a waste of time and money.