Acorn Income Fund Ld Share Discussion Threads

[asmodeus] 31/1/2014 16:45

The only other thing might be that the NAV seems to be falling - 372.36 on 20th Jan. Today 365.30 ?

[alroyrob] 30/1/2014 15:43

It seems to me that a lot of stop losses have been triggered.

[quattro44] 30/1/2014 12:27

I cannot find anything specific either. Apart from affects of possible hedging and performance fees which should not affect the price so suddenly, I cannot see any of the underlying investments have collapsed anywhere. Strange, or just buy more?

[asmodeus] 30/1/2014 12:20

Can't find anything yet Quattro.

[quattro44] 30/1/2014 12:02

Can someone offer an explanation as to what has happened here?

[plasybryn] 13/1/2014 12:14

What a superb chart. Growth & dividend income

[trewsa] 14/5/2013 13:12

Why has the price been frozen since I bought a few weeks ago?

[cnx] 26/3/2013 02:12

thanks for the last posts,dave

aif one of my best decisions 3 years ago

[davebowler] 22/3/2013 13:52

Acorn Income Fund unveils 'truly spectacular results' for the year to December, according to chairman Helen Green.

She said: "Measured on share price total return (share price with dividends reinvested), the company was the best performing investment company in 2012. (Source: Winterflood Securities Annual Review).

"The company's performance record has in fact been exceptional over longer time periods as well.

"Comparing the company to the 41 closed end funds in the Growth and Income, High Income, Small Companies High Income, UK mid cap and UK smaller companies sectors the company was the best performing fund measured on net asset value total return over one, three, five and ten years (as at 24 February 2013). (Source: Morning Star and Numis Securities)."

The Numis Smaller Companies (ex-investment companies) Index rose by 29.9% on a total return basis over the year and the FTSE Small Cap (ex-investment trusts) Index was up 36.3% on a total basis. This compares to a 12.3% rise in the FTSE All Share Total Return Index.

Acorn Income said its total return on gross assets was 30.5% and with gearing from the ZDP shares the return on net assets was 48%.

With a rerating to a narrower discount during the year, ordinary shareholders enjoyed a total return on their share price of 60.5%.

[davebowler] 08/3/2013 13:39

28 Feb NAV 280.73 pence

[davebowler] 20/2/2013 13:54

NET ASSET VALUE as at 8 February 2013

ORDINARY SHARES

The Company announces that the net asset value of an Ordinary Share as at the above date was 278.13 pence.

[davebowler] 04/2/2013 10:30

NET ASSET VALUE as at 25 January 2013

ORDINARY SHARES

The Company announces that the net asset value of an Ordinary Share as at the above date was 275.56 pence.

[praipus] 18/1/2013 14:27

things going well here well done guys. Sorry I'm not aboard yet:-)

O/T Davebowler please could you look at your ITKY thread and add the iShares link (in my post there) to the header?

Thanks in adavance. Praipus.

[davebowler] 18/1/2013 14:14

4 Jan The Company announces that the net asset value of an Ordinary Share as at the above date was 271.35 pence.

[davebowler] 07/1/2013 18:59

No I,ve got the ordinaries. ,thank goodness.
They will doubtless raise a fresh Zero to cover the redemption in my opinion.

[badtime] 07/1/2013 18:44

Daves got a fair few bob they would probably ask him first

[pherrom] 07/1/2013 17:02

Advice requested please:

12,000,000 Zero Dividend Prerence Shares redeeming at
138.00p on 31/01/2017

Can someone tell me where the money to repay the the ZDPS comes from?

Thanks.

[davebowler] 28/12/2012 14:06

NAV. 14 Dec 254.2

[davebowler] 07/11/2012 14:35

26 Oct -net asset value of an Ordinary Share was 247.99

[cnx] 04/10/2012 18:59

i like this share

NAV 241p
SP 210p
next 12 months dividend 12p, paid quarterly

[davebowler] 29/8/2012 11:46

NET ASSET VALUE as at 17 August 2012

ORDINARY SHARES

The Company announces that the net asset value of an Ordinary Share as at the above date was 231.01 pence.

[davebowler] 16/8/2012 13:37

Net asset value of an Ordinary Share at 13/8/2012 223.12 pence.

[pherrom] 16/7/2012 12:40

NAV 215 - 6th July.