North American Income Share Discussion Threads

[zcaprd7] 12/10/2016 19:52

VOF looks interesting. My only fruity stuff is St Peters ports and opp...

[zcaprd7] 12/10/2016 19:39

Thanks chaps. Will do a bit of research over the weekend...

[luckymouse] 12/10/2016 16:18

zcaprd - check out my IT board for one lunatics view on the IT world :D

[nimbo1] 12/10/2016 16:00

Well my most similar to this in a different geographic area would be HFEL. Only UK focussed smaller company trust I hold is AGIT. I did buy a new holding today - VOF...vietnam doing well at the moment and 25 % discount. Not a massive % holding mind. There are some quality asian trusts that invest in small caps - SST, FAS as examples.

[zcaprd7] 12/10/2016 15:48

Anyone have any other trusts similar to this, but a different geographic area? Other investment ideas? I was thinking a small UK fund to back a successful brexit?

[zcaprd7] 11/10/2016 17:03

Agreed. It started as a hedge for me, pre referendum, but like what I see, and will remain a core holding for my sipp...

[29palms] 11/10/2016 13:52

NAV continues to climb and discount again widens
All time high(including income) £12.40
...and nice review by Edison today

[nimbo1] 11/10/2016 08:28

this is an insurance policy at the moment with the continuing decline of sterling.

[29palms] 10/10/2016 13:56

...and yet another new all time high on NAV
£12.27(including income)
Currently trading at £1.14 per share discount, so should be way higher than here imho

[zcaprd7] 07/10/2016 15:06

Always seems to lag by a £1 to NAV, which I suppose as it keep rising, is a reducing percentage discount to NAV? I thought the best performing trusts had small premiums to NAV?

[zcaprd7] 07/10/2016 15:04

Brewing dolphin have 10%, funds buying trusts, wouldn't want to be a client there lol...

[29palms] 07/10/2016 13:56

New all time high on NAV today of £12.1295(including income)
With the continuing fall of £ v $ this has only one way to go at the moment imo
Sp should be trading nearer £12 than £11
Top performing trust in it's sector but, DYOR

[zcaprd7] 03/10/2016 17:58

Yes. All looks good. Still down today, despite the dollar strength... Hard brexit fears apparently.

[29palms] 03/10/2016 13:57

Half year report released this morning makes very good reading -
Over the six month period to 31 July 2016 the Company's net asset value per share rose by 28.0% on a total return basis, in sterling terms, outperforming both its reference indices, the S&P 500 and the Russell 1000 Value, which provided total returns of 21.0% and 23.2% respectively in sterling terms.

The Company's performance over one year has been particularly strong, outperforming both the S&P 500 and Russell 1000 Value by 13.3% and 13.5% respectively, and it is the best performing investment trust in its sector.

Also, 2nd interim dividend announced -7p per share payable on 31st October

[zcaprd7] 03/10/2016 09:37

Exchange rate at its worst again...

[zcaprd7] 25/9/2016 23:23

Aha. At last. They've restarted the share buybacks...

[29palms] 22/9/2016 23:28

Well worth a read.
Performance Data and Analytics to 31 August 2016

[29palms] 22/9/2016 18:56

Something must happen here imo
Tonight share price close is £1.20 per share discount to NAV including income.
2nd Interim div announcement due, probably at 7p per share
Watching for a spike back up tomorrow with the US market soaring by triple digit tonight

[zcaprd7] 22/9/2016 16:48

Yes. Seems bonkers we are down today. Interest rate rises expected in the US, so presumably dollar to strengthen against the pound?

[29palms] 22/9/2016 14:12

All time high on NAV including income was £11.96 on 11th August, so not far off.
SP closed that day @ £10.935
Way to go imo

[zcaprd7] 22/9/2016 11:51

Excellent. I think £11.85 is the highest nav we've had?

[zcaprd7] 12/9/2016 23:50

Nav dropped back about now...

[zcaprd7] 08/9/2016 13:41

Nav still 11.72. So this drop is a bit frustrating?

[zcaprd7] 05/9/2016 17:15

Agreed. The NAV has dropped a few pence off the high, but the share price has dropped a lot more..

[29palms] 05/9/2016 14:03

SP showing £1.23 discount to NAV(including income)today
IMO real value here and as I have said before should be trading well above £11.00 per share
DYOR