Shires Income Share Discussion Threads

[aleman] 09/1/2008 13:04

Aberdeen Asset Management PLC announces the unaudited daily net asset values
(with investments at bid market values and excluding current period revenue
unless otherwise indicated) of the following investment trust as at close of
business on 8 January 2008:

Shires Income plc 268.31p Ordinary

Close 246.5p
Discount 8.1%
Yield 7.8%

[aleman] 03/1/2008 09:31

Largest holding increases dividend slightly:

3 January 2008


SHIRES SMALLER COMPANIES PLC


The Board of Shires Smaller Companies plc has declared a fourth interim dividend
of 4.90p (2006 - 4.75p) per share in respect of the year to 31 December 2007
payable on 31 January 2008 to shareholders on the register at close of business
on 11 January 2008. The total of the four interim dividends declared in respect
of the year to 31 December 2007 is 14.95p (2006 - 14.50p).

[aleman] 02/1/2008 12:10

Aberdeen Asset Management PLC announces the unaudited daily net asset values
(with investments at bid market values and excluding current period revenue
unless otherwise indicated) of the following investment trust as at close of
business on 28 December 2007:



Shires Income plc 277.48p Ordinary

CLose 253p
Discount 8.8%
Yield 7.6%

[aleman] 27/12/2007 16:53

Aberdeen Asset Management PLC announces the unaudited daily net asset values
(with investments at bid market values and excluding current period revenue
unless otherwise indicated) of the following investment trust as at close of
business on 24 December 2007:



Shires Income plc (Note 2) 277.86p Ordinary



Note 2 The net asset values shown above are excluding accrued income.

Close 248.25p
Discount 10.7%
7.75%

[aleman] 19/12/2007 13:05

Aberdeen Asset Management PLC announces the unaudited daily net asset values
(with investments at bid market values and excluding current period revenue
unless otherwise indicated) of the following investment trust as at close of
business on 17 December 2007:

Shires Income plc (Note 2) 269.52p Ordinary


Note 1: The net asset values shown above are excluding accrued income.

Close 233.75p
Discount 13.3%
Yield 8.2%

[superjock] 18/12/2007 15:46

According to trustnet Shires now stands at:-

Price---235
NAV-----273
Discount---14%
Dividend---8.2%

This must be an oversold. I'm happy to take 8.2% as a total return now I'm almost guaranteed this as a dividend.

[aleman] 14/12/2007 12:42

Aberdeen Asset Management PLC announces the unaudited daily net asset values
(with investments at bid market values and excluding current period revenue
unless otherwise indicated) of the following investment trust as at close of
business on 11 December 2007:

Shires Income plc 288.60p Ordinary

Close 251p
Discount 13.0%
Yield 7.67%

[crawford] 06/12/2007 22:56

Good yield on these, will they keep falling though?

[aleman] 06/12/2007 18:43

The Net Asset Value of Shires Income plc as at close of business on 4 December
2007 was 280.9p.

Close 252p
Discount 10.3%
Yield 7.64%

[aleman] 30/11/2007 16:39

The Net Asset Value of Shires Income plc as at close of business on 27 November
2007 was 282.2p.

Close 253p
Discount 10.3%

[aleman] 16/11/2007 20:09

Owston - I suppose I could post the discount to NAV as well.

[jonwig] 16/11/2007 19:09

For most of 2004, the share price was 200-220p, and showed a discount of up to 14% of NAV.
This was when SHRS had to renegotiate its debts or break banking covenants.
The discount is now 11%.

The reason for watching the NAV is that the dividend payout is pretty static.

In a bull market this stock tends to trade at a premium to NAV, so buying when the discount is very wide (now, say ... ?) gives you the rising assets and narrowing discount when the market recovers - ie. a bit of geared exposure with the dividend on top.

We've had these in the family since 1990 - share price was about 175p when we bought them, yielding well over 10%. dividends have been reinvested, so a 10% plus growth pa isn't too bad, despite the pretty flat capital performance.

[owston] 16/11/2007 18:58

Just watching the NAV Aleman??

[aleman] 14/11/2007 16:00

The Net Asset Value of Shires Income plc as at close of business on 13 November
2007 was 297.6p.

[aleman] 08/11/2007 12:32

The Net Asset Value of Shires Income plc as at close of business on 06 November
2007 was 298.8p.

[aleman] 31/10/2007 16:03

The Net Asset Value of Shires Income plc as at close of business on 30
October2007 was 307.8p.

[aleman] 24/10/2007 16:58

The Net Asset Value of Shires Income plc as at close of business on 23
October2007 was 304.3p.

[aleman] 18/10/2007 01:59

The Net Asset Value of Shires Income plc as at close of business on 16
October2007 was 304.6p.

[aleman] 11/10/2007 20:28

The Net Asset Value of Shires Income plc as at close of business on 9
October2007 was 307.0p.

[aleman] 01/10/2007 13:45

The Net Asset Value of Shires Income plc as at close of business on 25 September
2007 was 300.7p.

[aleman] 21/9/2007 16:52

The Net Asset Value of Shires Income plc as at close of business on 18 September
2007 was 299.7p.

[aleman] 19/9/2007 15:06

The Net Asset Value of Shires Income plc as at close of business on 11 September
2007 was 305.8p.

[aleman] 05/9/2007 10:28

The Board of Shires Income plc has declared a first interim dividend of 4.40p
per share in respect of the year to 31 March 2008 (first interim 2007 - 4.40p)
payable on 31 October 2007 to shareholders on the register at close of business
on 5 October 2007.

[aleman] 30/8/2007 10:26

The Net Asset Value of Shires Income plc as at close of business on 28 August
2007 was 296.4p.

[aleman] 22/8/2007 15:47

The Net Asset Value of Shires Income plc as at close of business on 21 August
2007 was 295.4p.