[ADVERT]
Share Name Share Symbol Market Type Share ISIN Share Description
Tr European Growth Trust Plc LSE:TRG London Ordinary Share GB0009066928 ORD 12.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  40.00 2.84% 1,450.00 1,420.00 1,440.00 1,440.00 1,430.00 1,430.00 22,807 16:35:22
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 8.2 6.7 11.9 121.4 1,778

Tr European Growth Share Discussion Threads

Showing 26 to 50 of 175 messages
Chat Pages: 7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
24/4/2005
23:55
last one out turn off the lights - you've been suckered. terrible, terrible stock.
phil2003
18/4/2005
11:46
Ouch and out. Damn.
indieman
12/4/2005
15:40
According to today's Daily Telegraph, it's beginning to look like the continental economies are weakening. TRG is mainly into the higher tech end of continental companies and these could be vulnerable. Still holding for the moment.
indieman
11/4/2005
16:08
I have to agree with Indieman re share-price stability in the case of TREG following this tender offer, which I also think is a non-starter for small share-holders. Also, market conditions vis-a-vis the euro/£ exchange rate over the last twelve months have favoured TREG but if the euro falls considerably vs sterling, the outlook for TREG could also be affected adversely. Predicting exchange rates is a mug's game, so any weakness in sterling might imo give TREG holders a better opportunity to sell than what is on offer now!
keyboard
06/4/2005
16:08
Stoic, Small shareholders CAN bypass market forces etc by accepting the Tender Offer. I also bought in 2001 but sold before they fell of a cliff. This Offer has been put in place to avoid the share price dropping back as the major holder bails out. That should help stabilise the price rather than the opposite. I don't see the connection between new sales of shares and liquidation of some of the trust's assets. Am I missing something?
indieman
06/4/2005
14:59
Indieman - thanks for that. It is easy to forget that these things which masquerade as something for all shareholders, are really only something for the Boys. I have read deeper in their docs and it seems TRG's major client wants to sell (Carrousel?). Now it is not my intent to sound sarcastic here but wouldn't it be nice if we small (even small-ish) shareholders could bypass market forces and market makers. I've held this in an ISA 5 years, predating TR's envolvement and the share price is only just now getting back to near what it was in 2000-'01. I fear, however, that once the major s/h's transaction is done this price will drop back, at least a fair bit, undoing all the hard fought increase these past couple years. If no new sales (of shares) then some liquidation will have to happen. That may also mean the loss of a good manager or two there, most likely the one(s) responsible for building this back up. My view. Pity.
stoic warrior
06/4/2005
13:54
Stoic, The price to buy is 6.5% below NAV, so if you wanted to buy it would be at a premium to the current price. This might be attractive for people wanting to buy a very large stake without going through the market and pushing the price up. The raison d'etre for the tender is to allow a very large stakeholder to heavily reduce/eliminate his holding without affecting the share price adversely. The difference between current discount and 6.5% discount is a few pence in favour of sellers and would be worthwhile if you were thinking of selling anyway. The fact that they intend repeating the Tender Offer in future suggests they are keen to stabilise the discount at not more than ca. 10%.
indieman
06/4/2005
09:12
As I read it this tender offer isn't any gift - or even any value added benefit - to us shareholders IMO, ... current discount to NAV is about 9.4% and they're offering 6.5% ... also, any new purchase they are going to charge a .02 commission on! That's gravy to them on something they could do for free. One can buy & sell in the open market better. I must be missing something ... what is the point of this? As it stands, my opinion is No. No deal IMO. Other views?
stoic warrior
02/4/2005
08:42
Any views on the Tender Offer ?
wedged
22/12/2004
12:43
Two 'star' old-timers, TRG and GPE, have continued to do better than most ITs this year, for different reasons, and imo given the euro exchange rate, there should be more upside as far as TRG goes.
keyboard
20/12/2004
20:47
is there anyone here?
mroalan
06/11/2004
10:50
Tick, tick, tick. Softly, softly, catchee monkee. Continuous upward trend since this time last year. Let it continue like this into the future. Slowly up is better than flat, or down.
1philipio
23/9/2004
14:28
I am taking an interest in this stock and thought the thread deserved an outing. Now to check out the chart etc.
indieman
28/2/2004
09:14
That was a while ago but if they do some aggressive stock-picking like they used to we could see it happen. By end 04 would be nice.
1philipio
20/2/2004
16:42
Yes, climbing steadily and so hopefully, might get my £4 a share back one day?
michaeld
11/2/2004
18:38
NAV climbing very very slowly, but at least it's on the upward trend. Twould be nice to see a continuation onwards and upwards. As you say, Keyboard, 200 coming up soon. Fingers crossed they can keep picking good stuff like they always used to in the heady pre 9/11 days......
1philipio
02/1/2004
12:15
From 121 on 6 May when I last posted here to 166 today gives us a 37% rise in eight months. Quality ITs are doing well in general at the moment, but TREG should rise significantly this year if the very clear trend, depicted in post 15 holds, and with the weakening dollar and rising euro (some see it hitting 80p to the euro this year) I see no reason at the moment why it shouldn't. French and German markets have been doing well and the outlook for European markets in general appears to be positive at the beginning of the year. I hope to see TRG trading at 220+ before long.
keyboard
01/1/2004
14:18
Price recovery continues and some major buys. Looking good for 2004. http://www.uk-wire.com/cgi-bin/articles/200312301735347471T.html http://www.uk-wire.com/cgi-bin/articles/200312310940087524T.html
wedged
06/5/2003
14:50
Rising of late and the currency movements (euro/sterling) should help TRG to climb further, if present trends persist. Has risen from 100p on 30 October, 2002 to 121 this morning. Good going for a European investment trust, imo!
keyboard
05/1/2003
20:20
Going up nicely now.
dondee
03/10/2002
00:26
Its now 2nd October and with shares xd at 94p and atleast 25% discount perhaps the turning point has been reached?! Holding anyway for significant gain over next 12 months based on 4 factors :portfolio growth,narrowed discount,more share repurchases,appreciation of Euro.
geoffrey
10/8/2002
11:50
175,000 'T' buy Friday. Someone agrees with me.
andrewd
03/8/2002
13:20
How low can TRG go? 20% discount to NAV. Down from over a fiver a share. Got to be a good recovery play IMO.
andrewd
07/8/2001
16:25
The warrants have shorter life than I'd like (oct03) but premium is very small and gearing 4x, so they are interesting as the ECB will surely have to get real by then & sterling/euro will prob fall by then. Prob as with many warrants is NMS is small (3K) and lack of liquidity. Worth a small punt, imho.
ashtongray
07/8/2001
14:14
I agree with Ashtongray. A good bet on the exchange rate as its only a matter of time (unfortunately!!) before we are conned into the euro. Sterling will have to fall before we go in so there is the potential to make a good capital gain on TREG. If you're brave enough buy the warrants, although i wish they had longer to run.
clerkenwell
Chat Pages: 7  6  5  4  3  2  1
ADVFN Advertorial
Your Recent History
LSE
TRG
Tr Europea..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210921 20:17:28