|Scottish Oriental Smaller Companies Trust
||EPS - Basic
||Market Cap (m)
|Equity Investment Instruments
Scottish Oriental Share Discussion Threads
Showing 51 to 72 of 75 messages
|Hi Dave - tks for bringing that one up - its a touch low on perf for my own style - I like to catch a whoosh if poss - not sure what it is? A bond, inc class or a sub on AAS perhaps? AAS has v similar perf to SST - but Asians quite a mixed bag at the mo - tricky to identify the main flow - SST somewhere in the middle/lower range.
Japan indices have a similar mixed perf issue - nikkie smalls show one thing - topix smalls show completely another (locals consider the topix a better representation but that doesn't help much when its so mixed as you cant know quickly where your IT sits within that lol).
FAS or SJG was probably a better bet as looking to beat a decent high sharpe benchmark.
EDIT: just looked AASC up - its a CUL (convertible unsecured loan stk) - so a bond that can be flipped into shares at a certain price/ratio - I guess like ZDPs one hopes they slowly creep upward|
|Have you looked at AASC as an alternative with protection and more than twice the yield?|
|Tokyo Smalls index
|Thanks for those - I will keep them and research a bit more.
Yes, I love ITs too. They act just like normal 'Mister Market' shares but you can also see their intrinsic NAV which is a good indicator of market mis-pricing.
Only problem is they often have very high management charges so very long-term they may not be so good to hold.
I guess trading into ITs on NAV discounts and back out into good funds may be a good method.|
|Yep - trusts I own heavily include.
HFEL - bought in Jan this year yielding 8%! Crazy when you look at things now.
FAS - another very good asian small cap trust
BRFI - doesn't trade on a discount as one of the only ways to access frontier markets.
all risen strongly but performance from here will be influenced by sterling, trend could reverse or continue...predicting that is above my pay grade. So at this point they come with a warning but at least some of them are on wide discounts.
I love investment trusts - they seem to react days after clear trends and rising nav's or currency movements have been established making entry point's far easier to time that the wider markets.|
|"Excellent trusts like these don't get nearly enough attention."
I agree nimbo1!
I see that the Asian and small UK companies ITs are at a steep discount and like you I like SST a lot. I am now looking around for some diversity in similar ITs. My current idea is HSL.
Have you got any others you favour?
|Discount to NAV now almost at its widest ever level thanks to currency swings and rising asian markets.
19% discount including income. Imagine it will reduce to 12% again over the next few weeks.
Excellent trusts like these don't get nearly enough attention.|
|NAV over £10|
|Its up today!|
|Noted that the manager bought 25,000 at 737p last week, to take her holding to 32,000. She must be quite confident that near a low to commit a £184k of her own dosh to the shares.
|19 August 2013 NAV.
Financial assets have been valued on a fair value basis using bid price, or, if more appropriate, a last trade price basis.
The figures do not include any provision for capital gains tax on net unrealised gains on holdings of Indian securities.
805.88 pence per share (excluding income)
819.47 pence per share (including income)|
|This is worth a look too - WKOF|
Top performing investment trust over ten years. £100 turned into £875.31.
Congratulations and thanks to Susie Ripingall - and a well earned retirement.|
|I have aas as well.I bought both some years ago as they focus on domestic rather than exporting companies. And they both have conservative management.The exchange rate readjustment with western currencies which I was also expecting still hasn't happened.|
|Thanks. In at 780 last week (I get uncomfortable when my investments soar upwards!). I hold AAS as well, so am using this to diversify.|
|Its well managed but I'm not sure it warrants a big premium.However if you look at AAS its the same situation.|
|Dave, do you have an opinion on why the premium is increasing?|
|12 Nov NAV 735.92 pence per share (including income)|
|5 Nov NAV 728.43 pence per share (including income)|
|1 Nov NAV 717.63 pence per share|
|31 Oct NAV 715.88 pence per share (including income)|
|NAV 703.31p as at 3 Oct|