Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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wellwell , fancy meeting you here ! Are you invested in crs ? Thinking of getting in with a few bob myself but not 100% sure yet . Need to regain my aim confidence and building a position back up in HUR at present !
Any thoughts on HUR?
Was first alerted to Crystal Amber when Woodford bought a stake, now an IC tip. Looks like a very interesting company and certainly different to my current holdings. What do you guys think, any long term holders out there??
Had plenty of dud tips so will sit on the side lines for a while but will keep a close eye on.
Certainly a disappointing start!
Yep,tipped in investors chronicle, good growth ahead. Up already today,good start. Once the private investors get hold of this,should so well. Patience is the key though.looks promising!
CRS tipped this morning in Investors Chronicle Bargain Portfolio for 2015!
Would love to buy but need a bit of help with why?
Why so cat ? Took a look at chart history not a lot of changes in5 years, RNS doesn't tell me much.
This is going to take off today! Get your bums on this seat. Up up up!
Crystal Amber Fund, the activist investor, saw net asset value (NAV) fall over the last year as its investments were hit by global economic woes. At the end of June the firm's NAV was £63.4m, a drop of 3.1% compared to £65.4m the previous year. NAV per share was 105.59p, down from 109.01p at the end of June 2011. Taking into account the 0.5p dividend per share paid in July 2011, investors suffered a total return of minus 2.7%. The fund performed better in the second half of its financial year than the first, which was hit by a heavy sell-off in markets and share price weakness at Omega Insurance Holdings. In the second half, the fund's two largest holdings, TT Electronics and Renishaw, delivered strong gains and helped drive the recovery in value. Chairman William Collins said that among under-researched or misunderstood UK small and mid-cap companies, the opportunities to deliver gains by focusing on shareholder value are promising. Crystal is stuck with a sizeable stake in JJB Sports, the retailer that is struggling to sell itself before it collapses. The company said JJB had taught it the limits of its ability to effect wholesale turnarounds when faced with the toughest obstacles.
Hi folks, Continuing my series on activist investors and other catalysts. Latest post highlights over a dozen listed activist funds/vehicles that you can invest in, including Crystal Amber: http://wexboy.wordpress.com/2012/01/31/how-about-another-catalyst-part-vi/ I hope you'll take a look (and plse don't hesitate to comment or email me). Cheers, Wexboy
Crystal Amber's NAV gets a shoeing from JJB Date: Thursday 03 Mar 2011 LONDON (ShareCast) - The share price slump of JJB Sports has proved a drag on the net asset value (NAV) per share of Crystal Amber Fund, the activist fund that specialises in taking positions in what it regards as undervalued companies. The investment company, which has representation on the board of JJB after being actively involved in the struggling sportswear retailer’s refinancing, saw its NAV per share dive to 101.92p at the end of 2010 from 115.50p at the end of June. Crystal Amber is pinning its hopes on turnaround specialist Mike McTighe, JJB’s new chairman, to revive the fortunes of the chain and claimed that the bid approach for JJB from High Street competitor JD Sports “suggests that rival retailers see the recovery potential of the business.” “Clearly the issues affecting JJB have become more challenging, but we remain convinced that there is potential, which is why we played a leading role in discussions leading up to its recent fundraising and board changes,” said the company’s chairman, William Collins. Things are going better at the fund’s second largest holding, the electronic payment services provider Paypoint, whose share price received a shot in the arm in the first week of March when the National Lottery Commission rejected a plan by lottery operator Camelot to sell other services such as mobile top-ups and bill payments through its terminals. The fund was fully invested for much of the second half of 2010, although the successful realisation of investments enabled it to maintain a healthy cash position by the end of the period. At 31 December 2010, equity holdings represented 93% of total assets, and cash and liquid resources were in excess of £4.4 million. Income in the six months to end-December dipped to £1.0m from £1.3m the year before, while the return for the period was a loss of £8.1m, versus a gain of £5.5m the year before, largely as a result of a £9.1m downshift in the value of the fund’s portfolio.