||EPS - Basic
||Market Cap (m)
|Equity Investment Instruments
Aberdeen Sml.Co Share Discussion Threads
Showing 26 to 50 of 50 messages
|Spec, just over £2 a share to buy atm,
so easier to add on down days.
May be plenty more of those to come.|
|Like your attitude @EI - amazing how many people only want to buy things when on the "up". I find a good rule of thumb is "buy when ADVFN is silent".|
|Added again yesterday as shares were available in under 1.95, if ASCI
were to slip back in to the 180's then so much the better.
Up to about 30% of the amount I would like to hold.
Looking through the full list of holdings there are not
many I dislike, DVO one exception as per my posts on the DVO board,
BRSN looks a good price to top slice and hopefully the manager may do that.|
|Good luck; can't go far wrong with that yield & discount.|
|Added some more yesterday near 1.99,
Intend to add further depending on price and what else may be of
interest at the time.|
|Finally got a half decent amount, majority at 201.77.
Thought there may be some selling following the XD.
Part of my longer term holdings.|
|Good luck SHRS, XD today of course - as was ASCI! Didn't realise until after I'd bought but makes little difference - perfectly happy with 202.3.
Yes, got out of BIST again, and amazed by the NAV reported after that mammoth ftse day this week. I thought it wouldn't go up nearly as much as similar co's but:
128.06p Capital only and including debt at par value
120.04p Capital only and including debt at fair value
130.81p Including current year income and debt at par value XD
122.79p Including current year income and debt at fair value XD
Tuesday's close after massive market rally to all-time FTSE highs:
128.11p Capital only and including debt at par value
120.21p Capital only and including debt at fair value
130.88p Including current year income and debt at par value XD
122.98p Including current year income and debt at fair value XD
127.66p Capital only and including debt at par value
119.89p Capital only and including debt at fair value
130.44p Including current year income and debt at par value XD
122.68p Including current year income and debt at fair value XD
Beyond pathetic. Wlll post on BIST thread to avoid clogging up ASCI!|
|Spec, you are right it can varely widely, at times not even 500 shares on offer,
other days you can buy well in to the thousands.
Noticed your post on BIST, my recent trade was at 109.75 and out next day at 111.15.
I keep an eye on it as on market down days it can sell off hard, and then bounce.
Longer term holders must be utterly seething at performance.
Added some SHRS this afternoon under 2.30.|
|Similar here, large holding in SHRS and large holding in ASCI. Still - have added a few more ASCI today at 202 - unusually liquid, 198/206 in market but 200/202.3 online.|
|Liquidity contributes to the discount imv.
ASCI is Shires largest holding, SHRS my current largest holding atm.|
|Needs a little nudge - few buy backs or something - 3.3% yld vs 2.3% for popular HSL doesn't seem sufficient reason for discount|
|Not quite 2008 levels but the discount not far as wide as it gets - nearly 22% (several times been to zero if HL chart to be believed).
3.2% yield paid quarterly, next XD should be in next few weeks.|
|I think its disgusting how they can present a report to the market and not even mention, let alone address the discount to nav here.
I think that is extremely unprofessional. Just saying !|
my retirement fund
|Tidy yield, big discount. Spread a bit off putting but added more last week.
(btw @davebowler - if you're in GRIT, I strongly recommend you talk to the management).|
|30 Aug NAV
Aberdeen Smaller Cos Income Trust Plc Undiluted Excluding Income 254.48p Ordinary
Aberdeen Smaller Cos Income Trust Plc Undiluted Including Income 255.89p Ordinary|
|This has got to be due another leg up soon imo|
my retirement fund
|Jack, the SHRS discount to NAV looks attractive imv.
About 25% of the Shires fund is in preference shares which I
would not apply a discount to, so on their ordinary equity book
you are getting a very approx 15% plus discount to NAV-
these are holdings like BATS, UlVR, SGE, IMB, PRU etc.
Agree on a small cap trust you would expect the NAV discount
to be higher, however 20% plus looks generous - all just IMV only.|
|@joy - no explanation for it in last Factsheet:
|I'm considering this for UK small fund with income. Can anyone offer a reason why it has have poor recent performance?
My thinking is
1. Was it based on poor 'sector allocation'
2. Just poor overall management?
joy division still
|Interesting how the rule change on commissions/IFAs moved the discounts in on ITs - which now seems to have largely worn off. Still some comedy premiums out there (eg ARR; FGT; and the king of them all: LTI) but plenty moved back out and seem to be remaining there.
ASCI about right at -20% I reckon - happy to hold it forever with the divi.|
|In general terms discounts have widened over the last 12-18 months,
in some cases markedly so.
I would not buy on the basis of a % discount alone, however over the longer
term would not expect ASCI to trade on such a large discount to NAV.
NAV is the primary driver of the share price on a multi year view.|
. With a market capitalisation
of £40m, the fund is small and liquidity can therefore be patchy. However, on a long‐term view the
current discount of 17% offers some value and its yield of 3.8%, which is covered by income, remains
an attractive feature. In addition we would expect the manager's focus on quality, cash generative
companies should mean that the fund is relatively well positioned for more difficult market
|EI: NAV discount has hovered around this level for whole of 2016 so not sure there is going to be a catalyst for it to narrow in foreseeable future. Same applies to Shires which you mentioned on another board. Trend seems to be for discounts to stay wide unlike in previous years where they provided good buying points. However where yields are good, as in those you highlight, they certainly provide comfort in buying at these prices !|
|NAV continues to tick up, discount to NAV remains very large.|
|20 Jul NAV Aberdeen Smaller Cos Income Trust Plc Undiluted Excluding Income 240.69p Ordinary
Aberdeen Smaller Cos Income Trust Plc Undiluted Including Income 241.92p Ordinary|