Thomson Reuters Share Discussion Threads

[miata] 12/1/2009 16:48

The above refelects exchange rate movements.

What I think they are saying is the real arb (20%) is against the possibility the UK shares are delisted in exchange for Canadian shares.

[liquidkid] 12/1/2009 16:42

This so called arbitrage has been around since the company's inception.

[ben gunn] 19/12/2008 20:18

You can see clearly in the price chart where I re-opened my shorts!
Sounds like the naked trader all over again.

[miata] 19/12/2008 14:49

Just shows how low the pound and interest rates have fallen.

[5eights] 19/12/2008 14:39

We're trading quite high here aren't we? Is it justified?

[miata] 15/12/2008 12:57

============DIVIDEND PAYMENT===========
$0.27 per share translated as £0.182235
=======================================

[huwrayhenry] 09/11/2008 21:15

update on wed ...anyone in the know?

[ben gunn] 23/10/2008 15:29

MDJ
Loads of non financials asked to be included in the prohibited list.

I have shorted them on IG Group London account anyway. They still seem to have a 1960's business plan which raps hardware into the package instead of supplying a profitable service over IP.
My valuation is 90p so they have a ways to fall still.

[ben gunn] 23/10/2008 15:29

MDJ
Loads of non financials asked to be included in the prohibited list.

I have shorted them on IG Group London account anyway. They still seem to have a 1960's business plan which raps hardware into the package instead of supplying a profitable service over IP.
My valuation is 90p so they have a ways to fall still.

[mdj8] 22/9/2008 07:20

Don't get it. Tril is not a financial, therefore no need to close to avoid declaring. I can see anyone with a short position in Tril needing to take profit/loss/close out to cut losses on other positions though which would provide a temporary squeeze on Tril. So back to the argument - Tril is considerably weaker due to the loss of many of its major accounts (we're talking US$ 30 to 50 mill pa in revenues just from Merrill) who will likely consolidate/reduce trading operations. Others have effectively disappeared, others will be cutting costs. The "professional" (non-financial)side of the business is also going to fall under pressure a budgets are cut by the large corporates and legal firms. Why is the price not going down more rapidly?.

[miata] 20/9/2008 09:19

Latter. Obviously as the hedge funds close their shorts the whole market goes up. As Friday was quarterly expiry the volatility this week was especially high. Note that US quarterly expiries are calculated at the Special Opening Quotation which is why TRIL peaked around 2.40BST when this expiry figure was calculated. Normally volatility decreases rapidly in the week after quarterly expiry as options become much more expensive (3 months time value cost added rather than just 2 days).

[scrapman] 20/9/2008 08:37

MIATA , is that disclosure on all short positions or just financials ? tia

[miata] 20/9/2008 08:09

Its not about the list, its hedge funds closing their shorts so that they don't have to declare their positions (to press opprobrium) next week.

Where positions are more than 0.25 per cent of a company's share capital they must issue a disclosure notice from September 23.

[mdj8] 20/9/2008 07:40

Tril's not on the list. Maybe it'll get hit on Monday.

[miata] 19/9/2008 12:56

Shorters closing.

[mdj8] 19/9/2008 12:21

Why is this up 10%? They've just lost 3 of their biggest clients....

[miata] 12/8/2008 09:54

The company is due to issue its second quarter results later today.
Conference call scheduled to start Tue, Aug 12, 2008, 10:00 am Eastern.

[miata] 05/8/2008 15:45

Up 57p, 4% today.

[miata] 29/4/2008 12:47

Results Webcast Thursday 3 p.m. UK.