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| Etf Name | Etf Symbol | Market | Stock Type |
|---|---|---|---|
| Ft Tre | TRE | London | Exchange Traded Fund |
| Price Change | Price Change % | Etf Price | Last Trade
|
|
|---|---|---|---|---|
| -0.091 | -0.49% | 18.426 | 16:29:42 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 18.472 | 18.385 | 18.529 | 18.426 | 18.517 |
| Top Posts |
|---|
Posted at 01/11/2013 09:16 by gingerplant Agreed grahamg8. I think patient investors will be rewarded with anywhere between 50-90% from here, though I'll be happy to sell around 22p.I can't imagine the IC's Simon Thompson won't update today / Monday - nor can I imagine that update won't be a further buy recommendation which will probably give the share price a bit of a fillip, but this is complete guesswork. |
Posted at 18/2/2013 11:43 by rooky4 I.C. have been pushing this at least since 2008 (at least 5 recommendations that year when it was around 140p).Then, e.g. From Investors Chronicle, 12 August 2009:- ============= SHARE TIP UPDATE A £12.8m share buy-back programme has helped push Trading Emissions' share price well ahead of our recommendation price. But, at 101p, its share price still remains well below net asset value and stockbroker KBC Peel Hunt thinks the shares are worth 122p each. Still a buy. ============ how can they still claim any credibility for recommendations on TRE is beyond me (and this is my worst investment so far in %age terms). |
Posted at 14/5/2012 11:33 by edwardt tipped in investor chronicle again!Aim-traded closed-end investment company Trading Emissions has drifted back to my advised buy-in price of 25.25p, having been as much as 20 per cent higher at one stage. In my book, this is another buying opportunity. Sentiment may be poor, but there is obvious value on offer. In fact, the valuation is so miserly that the shares are now trading in line with the company's cash pile of 25p a share. Moreover, they are priced on a huge discount to NAV of 74p, which includes a private equity investment portfolio, albeit an illiquid one, valued at 56p and factors in a negative liability of 7p a share on legacy contracts to buy carbon at above current market prices. Analyst Andrew Shepherd-Baron at Peel Hunt notes that even if you write off 50 per cent of the value of the private equity portfolio and charge £10m to wind up the company, Trading Emissions still has a NAV of 48p. Even in the worst case scenario, which assumes a carbon price of zero, NAV would still be 28p a share. Buy |
Posted at 09/12/2011 17:30 by crosswire Trading Emissions soars after making case for the defenceFri 09 Dec 2011 TRE - Trading Emissions Latest Prices Name Price % Trading Emissions 22.25p +20.27% FTSE AIM 100 3,150 +0.53% FTSE AIM All-Share 700 +0.34% Financial Services 4,564 +0.33% LONDON (SHARECAST) - AIM-listed investment company Trading Emmissions (TRE) has sought to reassure investors following a year in which the stock has lost 81% of its value. TRE's main strategy is to buy "emissions assets", these can range from projects designed to reduce greenhouse gas emissions to energy efficiency solutions. The price of these permits has been falling significantly recently, leading to a 30% drop in TRE's net asset value (NAV) between June and October. In a statement today TRE says it notes "notes the recent material fall in the share price of the ompany, and the price of carbon related securities." In its defence Trading Emissions issues an updated NAV position. It's group NAV per share was 76.7p as of 6 December, down from 121.08p at the end of June. This is a drop of 37%, implying the rate of decline has slowed. It also says it values its private equity portfolio at £149.9m (although this was the June figure). TRE's carbon portfolio stands at £16m as of the 6 December with cash balances at £50.1m. The cash position is expected to improve which is expected to grow after a in early 2012 after a loan repayment to the firm from one of its portfolio companies. TRE says it has "sufficient cash resources to meet its current obligations and as previously announced the board is overseeing the orderly realisation of the assets of the Company". This statement saw the share price climb 20% by 09:45 to 22.24p. |
Posted at 09/12/2011 11:17 by jezza123 fair enough narindg - if you did really buy and sell well done, but then you are a punter and not an investor (as I suspected) - my questions to you were therefore irrelevant, since you don't have a clue about actual fundamentalsI am pleased that the company has done exactly what I was asking them to do, which is respond to the price falls, having read the RNS, the bit of the RNS that is most interesting is two fold - The Investment Adviser to the Company estimates that the unhedged exposure to carbon obligations is c.13.5m tonnes of pre Dec 2012 delivery CERs, with a maximum theoretical liability to the Company of GBP77.3m in the unlikely event that the price of carbon was to fall to zero. The Company is not contractually obliged to purchase post Dec 2012 CERs. In addition to the cash balances described above the Company is also due to receive repayment of a loan of EUR17.7m from a portfolio company in early 2012. The Company therefore has sufficient cash resources to meet its current obligations and as previously announced the Board is overseeing the orderly realisation of the assets of the Company in line with its investment policy and will update shareholders in due course The Company was also notified on 8 December 2011 that, on 7 December 2011, Simon Shaw of EEA Fund Management Limited (Investment Adviser to the Company) purchased 250,000 shares in the Company at a price of 26.5 pence each. - So Shaw has chucked in 66K of his own money (not insignificant) and the company has explained that a worse case scenario would result in a liability of 77million+ - so it's exactly what I was worried about, there is a potential for a liquidity risk in the event of a carbon price collapse. The company could get wiped out in such a scenario. Meaning, this really is like an option call on the state of the carbon market.... |
Posted at 08/12/2011 14:32 by jezza123 being someone who has been on ADVFN boards over the years - one thing that has increasingly struck me is how much in the last few years the numbers of posters who simply write things like "this share is going down" or vice versa, with no evidence, explanation or otherwise for these comments (other than perhaps they have just bought or gone short) has really increased - as have the 'trolls' who just write offensive stuff. I have to admit this sign of the times does worry me, since I think increasingly the more peripheral markets (like AIM) will be attracting less and less informed investors. |
Posted at 10/10/2011 08:34 by manrobert just spoken an official at the company and it seems that big investors had wanted more action from the board in achieving cash return to shareholders and the intention is that the new directors will be moving this issue with added momentum.you have to assume that the eventual return of cash will be well above the current share price.imo.be interested in others views. |
Posted at 04/10/2011 14:45 by manrobert i have a hunch that simon thompson of investors chronicle may tip this share next week based on his review of next weeks issue.just my opinion only. |
Posted at 30/6/2011 09:34 by iomhere jezza'Volume very much higher than normal from what I can see here' refers to the number of shares normally traded and not to the total issued. As for the legendary 'tree shake'. If I could have a grand for the number of times I've read those two words I wouldn't be posting on these boards. Nobody is saying the prices being paid are justified because it's more probable that a few small investors with unbalanced portfolios are running to the exit and nobody feels they know enough about the situation to risk taking the shares on offer up. If you feel different then you have a chance to back your judgement but to do so also needs courage. |
Posted at 29/6/2011 21:20 by jezza123 "higher than normal????" 172K shares traded today, 250million shares on issue - and this volume was sufficient for a more than 10% fall.... come on mate pull the other one. there's something very dodgy going on here - either someone is dumping and we aren't getting the full picture, or this is a major tree shake. It all looks very fishy to me. I sent an e-mail to to the e-mail address that they post on the TRE investors relations webpage (ir@tradingemissions can ANYONE tell me WTF iomagroup are??? if you don't believe what I am saying then send an e-mail yourself. If I was in heavy here I would be serious concerned right now. |
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