Henderson Smaller Compan... Share Discussion Threads

[mad foetus] 20/8/2015 15:46

Holding up well bearing in mind the broader market

[bamboo2] 18/8/2015 10:55

mf, apols, only just realised you posted after me. Just been checking the chart from time to time, rather than posts. All seems to be going ok.

I think you did the right thing selling, then buying back. I did the same thing earlier this summer, [with other holdings] took profits before going on holiday, then buying back again after. All the best.

[mad foetus] 11/8/2015 11:23

Good luck bamboo, I bought my first tranche at 518 last year, sold it (stupidly) at 540 and bought back in at 550 and then again at 665. Let's see what the future brings, but Neil Hermon is an excellent fund manager so fingers crossed.

[bamboo2] 11/8/2015 11:10

Chart pattern confirmed. share price above 50sma. Bought a few.

[bamboo2] 04/8/2015 15:18

Unconfirmed Descending Triangle [but confirmation b/o looks imminent] T=716. Average b/o at 64% of Triangle length. Stongest b/o at around 80-84% of triangle length. Let's see how this one performs...

[mad foetus] 03/8/2015 13:22

I bought some more on Friday at 665p. Discount has widened a little again, happy to buy when it hits 13%.

[mad foetus] 29/5/2015 13:51

I suspect now might be a good time to sell and the discount may widen again and the stellar run of housebuilders come to an end, but I've got a fair slug in cash at the moment and am happy to hold HSL until something material changes. My long term investment goals are to make 8-10% pa with as few nasty surprises as possible and so HSL fits into the buy and hold (potentially for decades) category for me.

[bamboo2] 29/5/2015 12:57

mf, thank you. I'll work on my award acceptance speech. :)

So what now? Will you sell?

Perhaps I should have another look at the chart.

edit, From a chart pattern perspective, this is a HOLD. A short consolidation phase with a flag or pennant leads to an unconfirmed target of approx 720, depending on precise time and direction of b/o.

[mad foetus] 29/5/2015 09:06

bamboo - you win this week's chart guru prize!
this has proved to be one of my better investments - up 30% in 7 months and a quality, long term investment to boot.

[mozy123] 19/5/2015 18:54

Nice to see the discount to NAV closing - neil hermon is a top manager, not sure why these always are discounted

[bamboo2] 18/5/2015 18:24

Chart has this targetting 691

[davebowler] 18/5/2015 15:40

18 May 2015


Trust Name THE HENDERSON SMALLER COMPANIES INVESTMENT TRUST PLC
NAV Details As at close of business on 15 May 2015, the unaudited
net asset value per share calculated in accordance
with the AIC formula (including current financial year
revenue items) was 745.5p and the net asset value per
share with debt marked at fair value was 743.4p.

[davebowler] 11/5/2015 12:54

RIIC is worth a look too -on a 27% discount to NAV and higher growth over 5 years (2nd best in small co's I.T.sector)

[trewsa] 08/5/2015 15:59

I'm in now-bound to go down.

[mad foetus] 08/5/2015 15:14

It move sharply higher today due to the overweight position in housebuilders. This really is a cracking investment for anyone with a long term perspective. 15%pa for a decade, top quartile performance over almost any time period you can choose, in the last money observer down as having grown its dividend at a faster rate than any other investment trust over the last decade, and you can buy at a big discount still. yet its just me and dave invested in it!

[davebowler] 08/5/2015 14:38

Trust Name THE HENDERSON SMALLER COMPANIES INVESTMENT TRUST PLC
NAV Details As at close of business on 7 May 2015, the unaudited
net asset value per share calculated in accordance
with the AIC formula (including current financial year
revenue items) was 713.0p and the net asset value per
share with debt marked at fair value was 710.9p.

[mad foetus] 25/3/2015 12:57

As at close of business on 24 March 2015, the unaudited net asset value per share calculated in accordance with the AIC formula (including current financial year revenue items) was 700.1p and the net asset value per share with debt marked at fair value was 697.7p.

Nice to break the £7 mark. The discount here continues to be silly for such a quality fund.

[davebowler] 16/3/2015 14:11

HENDERSON SMALLER COMPANIES INVESTMENT TRUST PLC
NAV Details As at close of business on 12 March 2015, the unaudited
net asset value per share calculated in accordance
with the AIC formula (including current financial year
revenue items) was 678.0p and the net asset value per
share with debt marked at fair value was 675.6p.

[mad foetus] 11/3/2015 09:49

Numis recommending HSL for those seeking growing income: hxxp://www.trustnet.com/News/590887/are-these-the-next-generation-trusts-for-income-hungry-investors/

[mad foetus] 09/2/2015 19:44

fully agree - hsl is a very good performer and when you look at how discounts have narrowed on the likes of Witan and FRCL over the past few years there is no reason for any half decent IT to be trading at more than a nominal discount. this is a great opportunity for both investors and Henderson to take advantage.

[mozy123] 08/2/2015 17:40

Need to start buying its own shares - manage the discount please henderson

[mad foetus] 06/2/2015 14:18

discount up to 17-18%, biggest for a while, good time to buy imo.

[mozy123] 29/10/2014 12:56

yep one years growth for free :)

[mad foetus] 29/10/2014 09:30

I've bought a few this morning. This is at a silly discount for such a good long term performer. 15%pa growth for 10 years is a fantastic record. To buy at 13% discount is a bargain.