notwarrenbuff
02 May 2017
Re: Dividend Many thanks cimbom & shareordie
shareordie
29 Apr 2017
Re: Dividend [link]
cimbom
28 Apr 2017
Re: Dividend Final dividend normally becomes ex-dividend in July, paid in August. This was replaced by two interim dividends last year.
notwarrenbuff
27 Apr 2017
Dividend When can we expect the next dividend?
shareordie
07 Jan 2017
Nav 3235 wow these guys do like to drag the nav up! What a performance,this is what drives the share price,as the nav goes up the share price has to go up to keep the same discount to nav ,the fantastic nav performance should also have an effect on the discount to nav.The deals like park are what drive the nav up as these assets are on the books at cost mostly and only show the progress of the teams management when sold.Why these aren't £2800 or above I do not know.I know the market doesn't like unquoted assets but these have a very good track record of releasing more that book value.
The Dutchman
30 Dec 2016
Re: Park Holidays UK sale Obviously good news, but whereas elsewhere ( Electra) there has been a new board who have got rid of the old investment managers who were allegedly charging too much etc and embarked on a tender offer to return capital to shareholders. The family ownership is going to hold things back here - after all do the family want to receive more dividends ? Mind you I dont see why they cant do a tender offer to buy back shares at closer to NAV, the family don't have to tender their shares if they don't want to. I realise that Electra isn't a direct comparator as Caledonia only have about 40% in unquoted, whereas at Electra it is 100%, but nevertheless it is interesting that Electra now trade at NAV or a small premium, presumably in response to the change of strategy and a realisation that unquoted investments may be undervalued on the balance sheet.Nevertheless I'm happy to stick with Caledonia for the time being.I was interested to see that they still own Sterling Industries - that brings back memories of assignments in Crewkerne !Best wishes
shareordie
30 Dec 2016
Re: Park Holidays UK sale Very happy with the progress made here,the sale of park so soon for such good returns is a surprise .The NAV is already past £30 a share at last count and with this deal it could be much more.The discount to NAV is hard to control for Caladonia because they have to have special permission to repurchase there own shares as the family holding is so big.NAV performance has dragged the share price up for a long time,I have seen in a article somewhere that the market doesn't really like unquoted assets as the valuations can be manipulated,but Calidonia keeps selling unquoted assets for much more than they are on the books for so I think they are very under valued.How many more unquoted companies are worth much more than they are on the books for.
Windsor Buffet
19 Dec 2016
Re: Park Holidays UK sale Caledonia have a pretty decent recent track record with their unquoted portfolio in the past few years, realising some fantastic rates of return on this part of the portfolio. In fact I'm more than happy with the investment 'pools' strategy adopted by Will Wyatt since he took over about 5 years ago. His immediate predecessor appeared to struggle and spent more time commenting on politics which resulted in a fairly random portfolio. Totally agree that the discount isn't going away any time soon due to the family factor but hopefully more days like today in the next 24 months.
tiltonboy
19 Dec 2016
Re: Park Holidays UK sale The discount is as much to do with the large family holding as the unquoted stuff. SMT have a decent proportion of unquoteds yet trade at a premium.As long as the discount doesn't widen I can cope with it, as the price will always track the NAV growth, albeit 20% behind. If the NAV grows so will the SP.The likelihood is that the proceeds from Park, will go into another unquoted investment, so while today's news is good, it's not the catalyst to narrow the discount.
foglight
19 Dec 2016
Re: Park Holidays UK sale May well do CJS. It makes me wonder if there are other assets in the non listed section that are significantly undervalued. I will retain as a core holding.
ChrisJSlip
19 Dec 2016
Re: Park Holidays UK sale The large discount to NAV (18% as of today) should now reduce hopefully.CJS
foglight
19 Dec 2016
Park Holidays UK sale Looks like a cracking deal and the city seems impressed (sp 2560p)
cimbom
10 Oct 2016
Reasons to buy! [link]
JR710
01 Aug 2016
The Petition is gaining support The petition is going quite well; ~6350+ signatures so far. ONLY 1 week to go !!![link] you hate seeing buys reported as sells etc!!!!!!Has already been sent to Martin Lewis, Daily Mail, Moneyweek & Watchdog.New chancellor, shaddow chancellor, most MP's & the Stock Exchange aim committee.If you follow tweeters etc, send it to them please!If this petition doesn't reach 10,000; then imo we might as well have not bothered as it will almost certainly be filed B1N; @ 10,000 the government should respond.as well asSo , If you haven't yet signed or indeed have but haven't passed it on to others, then now's the time to do so
II Editor
18 Nov 2015
NEW ARTICLE: Trends and Targets for 19/11/2015 "CALEDONIA INVESTMENTSÂ (LSE:CLDN) is next on our "News Due" list. Currently it's trading around 2400p and need only better 2449p to signal coming growth to an initial 2538p. Visually this looks quite a sensible movement and we'd tend suspect it ..."[link]
