Richygm
23 Jul 2017
Re: Discount 69.5% No, I don't think so. iii haven't updated it. HL gives a figure of about 16%. Personally, I'm not going to put any more money into this share until I know where they plan to take this co. Do they plan to liquidate it? If not, when are they going to make some new investments?
Stepenwolf
19 Jul 2017
Discount 69.5% Hi all Does anyone know if the 69.5% discount still showing today on iii and Trustnet (information websites for this fund) is kosher ? I have been reinvesting all the dividend windfalls paid out recently into the same Electra fund, rightly or wrongly (?)Thanks for any insights
Akis1999
28 Jun 2017
Very quiet here And we are moving down, any ideas why?
Akis1999
12 Jun 2017
Significant drop today Anyone knows the reason for the drop?
sage in the hills
09 Jun 2017
Re: Price decline before dividend Kray1Ok thanksSAGE
S17
08 Jun 2017
Re: Half year report All these wonderful dividends being paid out on a stock I've held for 20 years means the National Debt is going to get some benefit and I've been reminded to take profits earlier in future. Making such big payouts at such short notice clearly suits the pockets of the new management team but not+ investors who bought to keep long term for capital appreciation.
Krayl
08 Jun 2017
Re: Price decline before dividend If you look on Analysis/Fundementals above here you will see that payday is 14/7
sage in the hills
08 Jun 2017
Re: Price decline before dividend ......when will; the payment be with us ? SAGE
churjones
06 Jun 2017
Re: Price decline before dividend If your buying then its a matter of doing a bit of groundwork on values, no stamp duty on selling so i assume you want to buy, its a good trust, personally i would let the waters settle till SIGB moves on and then look again at where they are as a trust, One things for certain there was a lot of value locked away that has now been released and the shares will move to a more liquid form once its been milked a little more regards
Akis1999
06 Jun 2017
Price decline before dividend That clearly means the majority are expecting the price to drop significantly more than the dividend tomorrow. about 0.5% (another 0.5% is the stamp duty).What do you think?
churjones
31 May 2017
Re: Half year report Richygym, How nice it is to be rich gym, pardon the pun, at least you are contributing to foreign society and other good causes, i'm sure a man of your knowledge will find a nice VCT to put it into, to offset contributing to some despots swiss account,. You could also make a charitable donation to me to help offset my pending bill, or possibly buy a large forest in Scotland full of pine trees no capital gains on that either and of little use to boot, Nicola would be happy. The record is good for ELTA a well run trust with plenty of assets but little or nothing going to shareholders, until the intervention of SIGB. regards please accept my bit of fun as it was intended just that,
Richygm
30 May 2017
Re: Half year report ELTA has a pretty spectacular record already, so if the future is going to be even better, then wow! The latest handout means another income tax bill for me, though.
churjones
29 May 2017
Re: Half year report Any one who is considering reinvestment of returned capital should think again at this point, SIGB and other parties will have no intention of letting this catch of the hook until it has been milked into a conforming trust, for the benefit of shareholders, which further down the road will mean less assets held, but assets with growth potential, the sum of which will be returned to shareholders when matured, not left to go past their sell by date in store. A good value trust without a doubt but one which has been worked in the interest of directors and share price kudos, A time to buy will be when this trust once again goes into growth, with less money hidden away, and visible value clearly identified by a good dividend policy,
Bricklayer
26 May 2017
Re: Half year report I read it as the 24p uplift in value that was declared on 24th May and NAV declared at £29.26p on 19th May mean NAV today is £29.50pAs 31st May cash was expected to be £740 million ( Not sure if this will include proceeds from Pine?)Any discount to NAV is a lot higher to equity assets.
Krayl
26 May 2017
Re: Half year report SW - At the moment I would probably say yes - but will wait and see how the price compares to the NAV after the payout.
