ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

PHI Pacific Horizon Investment Trust Plc

629.00
9.00 (1.45%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Pacific Horizon Investment Trust Plc PHI London Ordinary Share
  Price Change Price Change % Share Price Last Trade
9.00 1.45% 629.00 16:29:49
Open Price Low Price High Price Close Price Previous Close
623.00 621.00 630.00 629.00 620.00
more quote information »
Industry Sector
EQUITY INVESTMENT INSTRUMENTS

Pacific Horizon Investment PHI Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
06/10/2023FinalGBP0.032526/10/202327/10/202330/11/2023
16/09/2022FinalGBP0.0327/10/202228/10/202229/11/2022
29/09/2020FinalGBP0.002508/10/202009/10/202013/11/2020

Top Dividend Posts

Top Posts
Posted at 13/7/2023 13:08 by spectoacc
What a coincidence:


"Pacific Horizon Investment Trust PLC (PHI)


We note that the NAV announced at 10.58am today is materially different to the NAV announced yesterday. We are investigating the accuracy of the NAV and will update the market as soon as practicable.



Investors should disregard the 10.58am announcement until the accuracy of the NAV has been confirmed.



Baillie Gifford & Co Limited

Company Secretaries

13 July 2023"


If it's an error, it's not a small error. If it's correct, BG look inept. How can they not know which?
Posted at 23/1/2023 17:33 by typo56
Looks like PHI will get promoted to the FTSE 250 at the end of this week. Possibly explains some of the rise in the last couple of days.
Posted at 24/1/2022 08:16 by chillpill
In fairness to PHI it is a slightly different beast to SMT. It has 20% in commodity stocks which are performing well at the moment. Nickel Mines have been doing well.
Posted at 17/1/2022 18:50 by walp1
Agreed. It's a punt and I only bought more today on the basis of similar AIC funds appearing to rise from a bottoming out.
I wish I hadn't now, but will play it out and prob sell the lot if they reach 700p per share.
I can't see them falling that far below NAV, but it may happen.
Historically for phi this is a time when punters have jumped in feet first..
As for a correction, these type of recovery AICs have already had quite a correction of up to 20% down to punters flogging them off for perceivedly richer pickings now covid isn't so economically depressing.
My point is that as investments like SMT, ATT and PCT have returned a profit today, why exactly is the drop still so severe for PHI?
Does anyone have an insight?
Posted at 17/1/2022 18:00 by lord loads of lolly
It's currently trading at a slight discount to NAV, which it hasn't done since early 2020. However, pre-2020 the discount often averaged 10% or so. So mixed signals. There are certainly worse times you could buy PHI, but that's not to say it couldn't go much lower. Particularly if global markets correct, which is certainly possible.
Posted at 17/1/2022 16:04 by walp1
I'm trying to work it out today too.
Other tech AICs on the rebound.
They have followed a very similar trend to trusts such as SMT, ATT and PCT as goes recent losses since perceived covid recovery and investors dumping safety for perceived greener pastures (which continued up to last week).
Today's loss began when the NYSE opened, but didn't follow through to the other AICs I've mentioned here.
Historically PHI dump value when the NAV reaches a silly height (but then catches losses back as it improves).
Cant find anything in the financial news as goes India or asia either. I cant see it relative to China, as Fidelity Asian Values is also on the up today.
To me it generally looks a good time to buy, but I may well be missing something obvious.
Posted at 20/10/2021 08:32 by chillpill
Much as I like PHI it is difficult to justify paying 10% above NAV as people currently are.

I generally try to add when they get close to NAV but this tends to be short lived.
Posted at 18/12/2020 10:15 by walp1
It's a simplistic question Spectoapp, but is the thinking that the losses for PHI will likely stop once the NAV comes back into realistic territory? I've researched a little around this and it seems that an AIC's NAV should usually be slightly above actual value, to reflect the extra cost and difficulty in the AIC selling back all of its many assets (should that ever need to happen).
I'm just trying to work out whether there is anything else behind the descent, as I am a little concerned that PHI might lose its post pandemic fervour once greater economic stability harkens (largely due to investors heading to more profitable interests). There is also of course the Chinese regulation issue associated with TenCent and Alibaba (which didn't seem to impede them much beyond last week).
Having said that, the future appears bright in this sector..
Do you have any opinions on it's worth?
I'd be interested to hear them :)
Posted at 17/12/2020 13:52 by jabba4
Thanks for the comments and link. Very interesting. Premium NAV, now it all makes sense. I guess PHI is issuing new shares at the moment to profit from the high NAV?
Posted at 17/12/2020 11:36 by walp1
I have the same question, as the individual share prices within the AIC are holding well, but PHI still tanks.
Is this simply panic combined with a generalised move to more profitable likely markets now the economic future looks more certain?? Even that doesnt seem to quite explain the further big losses today...
Anyone any other ideas as I can find nothing?

Your Recent History

Delayed Upgrade Clock