Symphony International H... Share Discussion Threads

[davebowler] 14/8/2017 10:40

30 June on a fully diluted basis (adjusting for in-the-money vested options), the NAV per share was US$1.2211

[zingaro] 08/6/2017 17:09

There was a mention in yesterdays Telegraph

[davebowler] 22/2/2017 11:57

Discount now 30%

[hpcg] 27/1/2017 10:59

Not often one can move posters' relative contributions from 33% to 25%. Expecting a bit of consolidation here before next leg up.

[epistrophy] 16/10/2016 15:24

Shares are very tightly held - look how illiquid this is compared to the market cap.

They don't seem to disclose the major shareholders, and it's a BVI company so good luck finding out.

That said, at least it's a main market listing not AIM.

[davebowler] 11/10/2016 09:46

At last its getting to a reasonable level.Still at a 40% discount to NAV

[luckymouse] 05/10/2016 22:00

choppy ride tho

[davebowler] 05/10/2016 18:34

masterinvestor.co.uk/funds-and-investment-trusts/british-empire-trust/?utm_source=Master+Investor&utm_campaign=6635eb547b-Master_Investor_Daily_Bulletin10_5_2016&utm_medium=email&utm_term=0_25eff0bb7f-6635eb547b-34956193

[davebowler] 05/5/2016 13:44

4 May 2016
NAV about 87p

Symphony International Holdings Limited (the "Company")

Net Asset Value

The Company today announces that, at the close of business on 31 March 2016, the Company's unaudited Net Asset Value was US$683,247,482 (31 December 2015: US$695,590,436) representing a Net Asset Value per ordinary share of US$1.2938 (31 December 2015: US$1.3172). On a fully diluted basis (adjusting for in-the-money vested options), the NAV per share was US$1.2782 (31 December 2015: US$1.3011).

[rjmahan] 21/12/2015 17:21

These are still far far too cheap....

[davebowler] 14/5/2015 15:42

MIDAS Investment Managers opinion;
One of our favoured funds Symphony International introduced a dividend policy last year in order to try to reduce its discount. This year, the ordinary dividend was maintained at the same level (1.56c), but a special dividend of 3.13c was also paid, up 20 per cent on last year. The total dividend of 4.69c represents a yield of 5.8 per cent. Major shareholder British Empire believes that Symphony’s shares are “excessively cheap” on a discount of c.40 per cent with investments in listed shares and cash covering the market cap 1.3x. British Empire continues to engage with management regarding other measures to tackle the discount.

[bdroop] 08/1/2015 07:40

All the themes in SIHL are fantastic, but I still sit on my hands watching from the sidelines due to the obscurity of this share in the eyes of the general market, it's got ASEAN, India, demographics etc all on its side but it stays a long way out from its NAV. Anyone got an opinion on the recent slight dip - would that be currency related? In dollars is another plus point in a way!

[rjmahan] 28/12/2014 23:40

Still a bargain Dave - directors buying - I posted on it this time last year and have done very well...

Problem is no-one cares.

www.deepvalueinvestments.wordpress.com

[rjmahan] 30/10/2014 19:35

Problem is dave no-one cares this is a screaming buy - old post on my blog www.deepvalueinvestments.wordpress.com

Plus management are a bit .... you know...

I recon this will go in an MBO - probably for less than it is worth !

[davebowler] 28/10/2014 13:44

Panmure's note out today sets a target price of $1.47 -a potential 80% rise.

[rjmahan] 28/6/2014 00:46

Good rise today - on no news - maybe this is starting to move...

[davebowler] 31/3/2014 11:55

MIDAS Investment Management comment;
Symphony International Holdings Ltd -finally see the sense of a dividend

Recommendation - Buy

Symphony has announced a material change in dividend policy with the announcement of a maiden dividend and an intention to pay ordinary dividends annually and extraordinary dividends as and when the Board feels it would be appropriate to do so.

The change in dividend policy is designed to address the circa 40 per cent discount of the share price to Net Asset Value. The ordinary dividend will be 1.56 cents and the extraordinary, 2.35 cents, implying a total yield of around 5 per cent. We think this move will be taken positively by the market and reiterate our Buy recommendation.

[dashton42] 31/3/2014 08:33

Divi!! At last!

[rjmahan] 30/1/2014 21:43

Thanks Des, price dip on SIHL of late - so another chance to get in...