North American Income Share Discussion Threads

[nimbo1] 11/1/2017 13:20

All looking very good here - so enjoying a contrarian trade from time to time I have sold over the last 2 weeks. Might be a bit early.

[zcaprd7] 10/1/2017 20:06

Yes, bit silly. The discount was at about 50p a while ago, and now it's back to a £1 again...

[29palms] 10/1/2017 18:55

Wow, the falling GBP v US$ along with the Nasdaq hitting new all time highs has provided a double fill up to NAV!!!
New all time high on NAV(including income) - £13.6529
Today share price retreats to £12.64(beggars belief)
How long before the share price goes over £13.00

As always DYOR

[zcaprd7] 09/1/2017 23:54

Weekend even. Sigh...

[zcaprd7] 09/1/2017 23:54

Probably 23rd as those days are weekdays!

[zcaprd7] 09/1/2017 23:53

Ta. Looks like 21st or 22nd of January

[pjw956] 09/1/2017 22:36

all you need to know

hxxp://www.hl.co.uk/shares/shares-search-results/n/north-american-income-trust-ord-25p-share

[zcaprd7] 06/1/2017 11:19

Yes, but the discount closed to 50p odd, so it was to be expected... Could have made money if you could be bothered trading it?

[29palms] 05/1/2017 19:12

The madness that is the market here today IMO
NAV(Including Income)goes to new all time high of £13.5451 and share price is marked down just before COB
Like I have said before this should be trading above £13.00

[zcaprd7] 05/1/2017 10:43

Hmm, discount to NAV is finally shrinking...

[zcaprd7] 29/12/2016 17:27

Thanks. I've trimmed my holding here. Stuck it into VOF...

[zcaprd7] 27/12/2016 19:24

Doing brilliantly here since I bought 2 days before brexit. Torn between holding as a core part of my sipp, or selling on triggering of article 50 (currency gain bottoms out then I think). Any other American trusts with bigger discounts to NAV I could move to, or other ideas? Small cap UK? I don't think Europe is going to get better..

[zcaprd7] 21/12/2016 17:13

Another high in nav. It will be interesting to see if they are tracking the S&P, or beating it?

[zcaprd7] 20/12/2016 15:05

Back to a £1 difference. Still that's a reduction in discount to NAV in percentage terms. Loving these quarterly dividends as well!

[29palms] 20/12/2016 13:42

....and so it continues to scale new hieghts on NAV
All time high today - NAV(including income) £13.40
IMO share price should be trading above £13

[zcaprd7] 15/12/2016 18:14

Percentage discount to NAV is shrinking...

[zcaprd7] 13/12/2016 23:13

New high for the Dow Jones. Within striking distance of 20,000

[zcaprd7] 13/12/2016 11:01

Yes. It's slightly boring focus on dividends, has actually put it into the sweet spot for all of the infrastructure beneficiaries of Trumps trillion dollar splurge. Plus, don't forget the one off 10% corporate tax for repatriation of overseas cash, that will swell the corporate coffers and lead to higher yields...

[29palms] 12/12/2016 14:21

...and yet another new all time high on NAV(including income) of £13.19
IMHO this should now be trading nearer £13.00 than £12.00
The best performing trust in it's sector and really easy way to gain exposure to the powerhouse that is US stockmarket.
As always dyor

[zcaprd7] 08/12/2016 15:10

Agreed. Still lagging a quid behind...

[29palms] 08/12/2016 13:54

New all time high on NAV - £13.01(including income)
IMO still trading way too low

[zcaprd7] 06/12/2016 15:07

Share price lagging the nav now...

[zcaprd7] 23/11/2016 19:48

Yes. Computer generated nonsense. Best we can hope for here is a slight premium to the nav, which is another quid on top...

[nimbo1] 23/11/2016 13:58

Those targets are not even worth reading. The Dow & S&P would have to double to hit them and sterling to weaken a lot more.

[29palms] 22/11/2016 23:49

Very interesting price target from Frisco Fastball on 15th November


As always, DYOR