Member Info for silverknight

Guitarsolo. I feel that there are too many X factors surrounding this company to make any accurate predictions. Hence the massive yield. I suspect (hope) that the dividend will be held for another 2 years then uncertainties abound. It sounds like a worst case scenario would be a scrapping of the whole fleet(unlikely) which might yield $120mill or selling some or all the aircraft for possibly 3 times as much. Maybe new leases will be drawn up. I think it's a matter of faith and trust. I'm hanging on for now.

Hope so Pianista but situations can change rapidly as we have seen so don't bank on it

EoB. One of few recent winners for me. Ok-charges are a bit high but it gives a decent dividend. Happy to hold this boring investment. Cheers

I suspect that the divi will be suspended for a couple of years so there is no incentive to buy at present. I bought at c5p a while back and will probably hold on . The fundamentals are pretty sound and it could be a takeover target??

CD1. I've got a broad spread of ITs in my ISA all heading in the same direction at the moment. Year end tax considerations? In isolation and without director buying I would be more concerned. Window of opportunity perhaps?

Wonder if there's any action behind the scenes?

Spindok. Stress free is a very relative term if you're buying shares. Spread the risk-I'm sure you do

Whichever way you look at it we are now selling at 60% discount to a NAV that has consistently risen over the years

I'm buying sub 10p. Into seriously cheap territory

Given the strength of dividend cover and good forward visibility the rating looks unduly harsh. Reflects a general antipathy toward this sector of the market

No investor engagement? Really? I've found plenty on Proactive Investors over a long period. There's just a general apathy towards companies like this. Huge discount to NAV and a diverse mining portfolio. I suspect it will move back towards 20p when the microcap market improves

Dazzle. It's not a fixed interest mutual fund. The divi is not guaranteed but seems fairly secure for now. The 3pps divi is what's credited to your ISA

The portfolio is well spread and fluid. There is plenty of margin for error and net cash. With a discount to NAV of over 50% what more could you want?. I'm happy to nibble extra shares from time to time. Much patience required though.

Candid. Depreciation doesn't apply to planes? Of course it does. They either become obsolete or worn out. (downward revaluation). The planes are leased to Emirates and Thai Airways but revenues might be paid in dollars. We are fortunate to have the capacity to invest in euro or dollar earning investment trusts . One of mine is EAT which is wholly invested in European companies yet the share price performance has been poor over the last 3 years. I agree that the UK is in a dismal situation but there are pockets of light and not everything is rosy overseas

Wonder what the tax implications are on the PayApps disposal? Even after payment of the dividend there is still a decent profit so (on paper) the sp might not fall that much. Soon see.

Be interesting to see how the market values this company after it goes xd on Thursday. Any predictions?

Krusty. I think/hope that 60p is on the pessimistic side. I would hope for at least 75p otherwise fully invested LTHs are royally screwed. Tempted to keep adding around this price

Tyma. Doesn't help that it's such a tiny trust. I tend to hold these type of investments long term so the spread doesn't matter so much

The issue for me is visibility. As a (prospective) buyer of offices I would be seriously concerned about reletting once the lease term expires. Owning empty office space is a killer. Markets are always looking forward-hence the uncertainty and catastrophic effect on the sp.

The wind up could be a slow process but the recently announced NAV held up pretty well. Also get a divi next week so I'm holding on. Too late to sell now I suspect