|Aberdeen Asian Smaller Companies
||EPS - Basic
||Market Cap (m)
|Equity Investment Instruments
Aberdeen Asian Smaller Companies Share Discussion Threads
Showing 126 to 149 of 150 messages
|Still, the AACS look better value as they offer downside protection (£1 buyback in 2 yrs), some gearing , and twice the yield.|
|Thanks. I had hoped that each CUL would allow you to buy one share at £8.30. That would have offered some nice warrant-style gearing.|
|If you own 8.3 CULS nominally worth £8.30 (£1 each), at the end of the period, you can either accept £8.30 as repayment or convert them to 1 ordinary share. If the ordinary shares trade above £8.30 then you're better converting than accepting the nominal £1 for each of the CULS you own.|
|So these aren't like warrants then?
Do you have to forgo the full nominal amount of CULS to get each AAS share?|
|I agree - they still look attractive but just wanted to point out that your calculations were slightly wrong, so you don't get a shock in the future!|
|Still, I've got downside protection at nominal cost! Plus more than twice the yield of the ordinaries.|
|From Morningstar -Conversion Terms
0.12048 shares @ 830.00p from 30 Nov 2012 - 31 May 2019.|
|13/ Jan NAV Aberdeen Asian Smaller Cos Investment Trust Fully Diluted Including Income 1138.45p Ordinary|
|Just to clarify - AASC at £1.20 (with nominal value £1), you would need 8.3 convertible shares to convert to one ordinary share. So the price you're currently paying is 8.3 * 1.2 = £9.96, so it's actually slightly more expensive to buy the convertibles.
You don't just add up £8.30 and £1.20 to get the price.|
|11 Jan Aberdeen Asian Smaller Cos Investment Trust Fully Diluted NAV Including Income 1148.35p|
|At £9.80 it is cheaper to buy the AASC convertibles at £1.20 as they convert in 2 yrs at £8.30 -so I've just bought some!|
|good effort here|
|A lot of Far Eastern Funds were up quite a lot today based on the £ weakness.|
|Yup , interesting it's bucking the trend.|
the oak tree
|Its up today!|
|I like the look of TEM also.|
|Thanks, pretty sure I am.
I have researched investment trusts over many decades and the ones invested in smaller companies and a general / broad international basis are the ones to go for.
But right now, this year, I wouldn't sell emerging trusts as they have had a hammering and will probably go back up , very zig zaggy Emerging!
Long term though smaller companies.|
the oak tree
|You could be right there...|
|Used to be at a premium. Believe this is good long term buy of a quality fund that has had a good track record. Tuck away in a SEP is my advice!|
the oak tree
|6/Apr NAV Aberdeen Asian Smaller Cos Investment Trust Fully Diluted Including Income 912.69p Ordinary|
|...but they seem to have little effect.|
|A few buybacks recently...|
|20 Apr NAV Aberdeen Asian Smaller Cos Investment Trust Fully Diluted Including Income 1006.97p|
|No worries. Just wish I could have posted it when I first watched it last December.
In terms of the equity market impact, this depends how many borrowed US Dollars have found their way into emerging market equities, and at what kind of DXY level those carry trades really start to hurt those holding them. I'd say you're safe to assume it's into the low single digit $trillions, and this is being conservative.|