||EPS - Basic
||Market Cap (m)
|Equity Investment Instruments
|Alliance Trust Daily Update: Alliance Trust is listed in the Equity Investment Instruments sector of the London Stock Exchange with ticker ATST. The last closing price for Alliance Trust was 685p.|
Alliance Trust has a 4 week average price of - and a 12 week average price of -.
The 1 year high share price is - while the 1 year low share price is currently -.
There are currently 475,354,116 shares in issue and the average daily traded volume is 0 shares. The market capitalisation of Alliance Trust is £3,260,929,235.76.
|obbig60: The 2% jump in the ATST price today seems to have been due to the news that a US vulture fund - Elliot Partners - have increased their stake above 10%.
It's high time we had something to get the discount down!|
|miata: Last week, Alliance bought in 4.85 million of its shares at 317p a share, at a full cost of £15.4 million. Even after this purchase shares in Alliance at 317.2p this morning, still stand on a discount of 17.4 per cent.
This is the first-ever buyback that the trust has undertaken and the company stressed that this did not represent the adoption of a discount control mechanism. Sporadic buybacks do not automatically enhance a share price but can stabilise the discount and allay investor concerns.
The discount seems particularly anomalous in this case, because not only did Alliance manage to raise its dividend over a rocky first half, but its defensive portfolio which was not shown to best effect at the interim stage has caught up strongly. So for the year to last week, Alliance shares are up 50 per cent against a FTSE World Index gain of 23.6 per cent and an average for the global growth sector of 36.7 per cent. In fact Alliance's performance puts it in the top quartile of its sector, ahead of such stalwarts as Monks Investment Trust, British Assets and Securities Trust of Scotland.|
|penandnen: Can anybody throw any light on trading activity of Alliance Trust shares. For some weeks now there have been hundreds of small sell orders bargain size 138 and 110 (obviously uneconomic size for genuine trades). On the other side, there are some purchases clearly working up the share price (narrowing the discount). I can't find any public information on these activities. Best beware trading here until we find out what's going on?|
Just a matter of interest
All three stocks equalised at CTY's share price of 280.25p.
At last nights close.
CTY 249p yld 4.65%
Alliance 242p yld 2.53%
Merchants 227p yld 5.706%|
|yangou: So has anyone taken a look at the chart recently. I bought some after I looked at it this week. Also NAV away above the share price.|
|rossannan: The share price seems to be losing ground all of a sudden (c.f. the FTSE 100 and Second Alliance). I'm not aware of any ex-div date around now. Is there some other explanation or has the market just thrown up a great buying opportunity? The discount seems to be heading towards 10%, hefty for an IT like ATST.|
Alliance Trust share price data is direct from the London Stock Exchange