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NAIT North American Income Trust (the) Plc

294.00
4.00 (1.38%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
North American Income Trust (the) Plc LSE:NAIT London Ordinary Share GB00BJ00Z303 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  4.00 1.38% 294.00 293.00 294.00 294.00 291.00 291.00 425,232 16:35:25
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Trust,ex Ed,religious,charty 51.13M 41.82M 0.3000 9.77 408.38M
North American Income Trust (the) Plc is listed in the Trust,ex Ed,religious,charty sector of the London Stock Exchange with ticker NAIT. The last closing price for North American Income was 290p. Over the last year, North American Income shares have traded in a share price range of 256.00p to 294.00p.

North American Income currently has 139,377,837 shares in issue. The market capitalisation of North American Income is £408.38 million. North American Income has a price to earnings ratio (PE ratio) of 9.77.

North American Income Share Discussion Threads

Showing 51 to 75 of 250 messages
Chat Pages: 10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
27/8/2016
13:06
Currency has been working against us, but still a chunky discount to NAV here...
zcaprd7
16/8/2016
22:41
Yes, I know. And it dropped!
zcaprd7
16/8/2016
11:38
NAV climbs to new all time high of £12.08 (including income)
sp should be trading a lot higher than where we are.
DYOR

29palms
15/8/2016
13:08
Yeah and share price is still too low imo
29palms
15/8/2016
12:21
Still flying. Nearly £12 on the NAV...
zcaprd7
12/8/2016
15:43
Just a pause for breath there, I got my quarterly dividend... Think I will hold for a while. Might top up when trump gets elected lol
zcaprd7
10/8/2016
18:33
Psychological barrier broken today as we go through the £11.00 mark to a new all time high on share price
This along with new all time high on NAV(Including Income) = £11.91.

As I have said previously this should form a part of any investor's portfolio seeking exposure to US markets.

IMHO share price should be much higher than today's all time high.
DYOR

29palms
08/8/2016
11:11
Yeah. Another 14p on the NAV. Another high...
zcaprd7
05/8/2016
18:12
With BoE interest rate cut yesterday bringing about a further drop in the GB£ v US$ coupled with the US Stock markets soaring tonight on better than expected job figures this, IMHO, has only one way to go.

Will be interesting to see NAV figs on Monday.
DYOR

29palms
05/8/2016
11:00
Pound dropped, discount to NAV decreasing here now...
zcaprd7
03/8/2016
21:10
Have they paid off their debt?
zcaprd7
01/8/2016
16:36
Agreed. Had started this as a hedge against brexit (third of my total sipp), but quite happy to leave it alone now...
zcaprd7
31/7/2016
16:36
From the year end annual results 31st January 2016-

The Company’s share price fell by 5.8% to 815.0p and
ended the year at a 12.9% discount to total net asset
value, compared with a 7.9% discount at the end of the
2015 financial year. This is far from ideal and the Board
continues to work with the Manager in both promoting
the Company’s benefits to a wider audience and providing
liquidity to the market through the use of share buybacks.
During the year 2.9 million shares were repurchased at a
cost of £24.5 million. Since the year-end, a further
848,700 shares have been repurchased at a cost of £7.1
million and the discount as at 22 March 2016 was 10.8%.

So judging by these comments the Manager would probably be looking at Discount around 7.9% to NAV to equal year end 2015.
I have to say again share price should be trading way above £11.00 and this should be a core holding for any investor looking for exposure to the US given happenings since BREXIT.
ST today even has a report on the beauty of investing in America by Ian Cowie
DYOR

29palms
31/7/2016
13:19
So, what is a reasonable discount to NAV? Its getting there...
zcaprd7
29/7/2016
16:04
New high... Again
zcaprd7
26/7/2016
22:33
All new high reached today along with another share buy back reported after hours.
Loads of value here with discount today @ £1.30(including income)= 12.7% Discount to NAV
This IMHO should be trading well above £11.00
DYOR

29palms
25/7/2016
18:58
£10. 45 the paid for that last tranche of shares, and we go down...
zcaprd7
25/7/2016
11:11
Big 20p jump in NAV...
zcaprd7
22/7/2016
15:48
We get the paid first quarterly dividend on the 5th August...
zcaprd7
19/7/2016
12:53
Nice move up again today.
IMHO share price is short by £1.00
Should be trading at £11.34
DYOR

29palms
18/7/2016
17:10
Aah, there you go. Another 25000 shares purchased for cancellation today...
zcaprd7
18/7/2016
12:51
NAV up again. Haven't bought their own shares since the 8th July...
zcaprd7
12/7/2016
17:10
Currency working against us now, but NAV still increasing...
zcaprd7
12/7/2016
11:41
Currently £1.63 discount to NAV
Sp still way too low imho
Should now be over £11.00
DYOR

29palms
08/7/2016
14:23
US payroll figures very strong... Dollar up again. All brexit losses wiped off the S&P now...
zcaprd7
Chat Pages: 10  9  8  7  6  5  4  3  2  1

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