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SDV Chelverton Uk Dividend Trust Plc

146.00
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Chelverton Uk Dividend Investors - SDV

Chelverton Uk Dividend Investors - SDV

Share Name Share Symbol Market Stock Type
Chelverton Uk Dividend Trust Plc SDV London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 146.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
146.00 146.00 146.00 146.00 146.00
more quote information »
Industry Sector
EQUITY INVESTMENT INSTRUMENTS

Top Investor Posts

Top Posts
Posted at 26/5/2023 10:32 by kenmitch
Brucie5.

Does this help?

Chelverton is not an ordinary Investment Trust. It’s a split capital Trust. Split Capital Trusts have two sets of shares. There are the ZDP shares AND the ordinary shares covered on this thread. The ZDP shares pay out a fixed amount at a specific date. Investors in the ZDPs do not get any dividends. The ordinary shares you are probably holding get all excess capital once Chelverton have got sufficient cash to pay out their ZDP shareholders. And if it can be afforded, the ordinary shares also pay a dividend.

I prefer the standard Investment Trust choices.
Posted at 28/11/2017 13:31 by oshy92
Afternoon. Short TV interview with David Horner:

www.fmp-tv.co.uk/company/chelverton-investor-video/
Posted at 06/11/2017 07:57 by skinny
As previously announced by the Board on 13 January 2017, the Directors have been considering the options for a refinancing of the Zero Dividend Preference shares, which are due for final repayment on 8 January 2018. In light of the Company’s strong and sustained track record as well as the availability of attractive investments, the Board believes that it is an appropriate point to seek to increase the size of the Company and raise additional capital. Accordingly, the Company is proposing an issue of C shares through a placing, intermediaries offer and offer for subscription of C Shares as well as an issue and placing of new ZDP Shares in connection with recommended proposals for the reconstruction and winding-up of Existing ZDP Co (collectively, the “Issue”).

The Company is seeking to raise up to £75 million new Ordinary shares, subject to market conditions and there being sufficient investor appetite for the C shares on agreeable terms. In addition, the Company will seek to issue c. £30 million of new ZDPs, on a term of 7.3 years with a gross redemption yield of 4.00 per cent. with an initial target cover ratio of circa 3.7x, subject to the level of rollover elections received. The existing investment objective and policy will remain unchanged and the Company intends to use the Net Proceeds of the Issue to add to existing holdings and to make new investments.

The Company will provide a further update in due course, as appropriate.
Posted at 13/6/2016 14:35 by speedsgh
In John Baron's latest Investment Trust Portfolios column in Investors Chronicle...



"Within the Growth portfolio... I introduced Small Companies Dividend Trust (SDV) while on a 10 per cent discount and offering a 4 per cent yield...

I will explain in more detail the attractions of both SDV and FPEO in next month’s column."
Posted at 10/5/2015 00:57 by aleman
Shares are driven by fundamentals in the long run but not everybody understands fundamentals and how to value and they make decisions for lots of reasons, one of which is just price history. Human psychology affects the price in the short term and it creates certain patterns. The way to make money is to understand that you cannot predict which way a share will go without fundamentals but you can work out where the likely pysychological stopping off points on a chart will be without knowing them. Let the market decide the direction while you trade the momentum between the points of resistance and support that will be set by psychological factors. It's not the way I would want to try make money but a rare few are good at it because there really is something in it.

I'm a fundamentals investor but it helps if you can appreciate charting a bit so you can understand why shares don't react instantly to changing fundamentals and shoot to fair value instantly as news changes. The market is made up of humans and their pyschology can get in the way of fundamentals quite a bit. I think understanding that pyschology affects shares in repeating patterns will help you to do a little better than a plain vanilla fundamental investor. Try and find TA books that explain some of the psychology. Read and digest. Take on board why there might be something in it and then go out and invest on fundamentals again. You'll start seeing patterns in shares you are interesteed in and you'll look at their price histories differently and you might just be a slightly better investor. I was a sceptic for a few years before I realised I was wrong. It doesn't help a greeat deal but if you can just add 1 or 2% a year to your performance through better timing of your buying and selling on fundamentals, you will be considerably wealthier in the long run.
Posted at 14/4/2015 18:39 by envirovision
Its very odd, but then as medium to longer term investors we rather than grumbling should be taking the opportunity to fill our sips and pensions in the next tax year surely?

A few years down the line, for any longer term holder the yield will soon cancel out any share price under performance and all things being equal the share price will have to reverse then.
Posted at 15/5/2014 16:57 by aleman
It's definitely the case that small and midcaps have had a good run while the FTSE100 has dawdled. I think many investors will be changing horses.
Posted at 16/1/2014 13:21 by skinny
This announcement follows that made by the Company to the market on 14 January
2014, whereby the Directors of Small Companies Dividend Trust PLC ("SCD Trust")
announced the issue of 300,000 new Ordinary Shares ranking pari passu in all
respects with the Ordinary Shares already in issue at an issue price of 189.5p
per Ordinary Share.

The New Shares are being issued for cash in order to meet investor demand.

The new Ordinary Shares have been allotted by SCD Trust, subject to admission
to Listing and to dealings on the London Stock Exchange ("Admission").
Admission has been applied for and dealings in the new Ordinary Shares are
expected to commence at 8.00am on 17 January 2014.

The total number of Ordinary shares in issue following Admission will be
16,550,000.

The additional cash raised will be invested in SCD Trust's portfolio.

Enquiries:

Small Companies Dividend Trust PLC
William van Heesewijk
Chelverton Asset Management Investment Limited
Tel: 020 7222 8989



END
Posted at 04/4/2013 12:11 by aleman
THanks, Plasbryn. I think you have mentioned them before. ANd you are welcome.

cnx - ditto. I drop clangers, too, although I like to think me hit rate is decent. I'm very good at closing out disappointments quickly which seems to help. I do not get attached to shares and will close on any bad news or even if they've jst got a bit ahead of themsleves, even if they've made me a bundle. I gather some investors find this hard.
Posted at 19/6/2012 10:35 by aleman
For the record, I didn't tip CSN as such. It was just on a list of larger capitalisation high yield shares that I own or am monitoring which I highlighted for further investigation for other income investors, rather than me tipping it individually as a buy.

I've been a full-time investor 7 years. THe level of capital needed will vary with personal circumstances and attitude to risk, amongst other things. I got very lucky early on as I invested about 25% of my portfolio in a share that 10-bagged in a year and then switched about half of that into another share that did the same! I then gave up work with a fairly low level of capital because I had another wage coming in to help pay a modest mortgage and I was expecting to take up a little part-time work. I also switched tack with my technique as I then needed income and went more defensive in 2006 ahead of the recession, which I cautioned others about before it arrived. (Nobody seemed to want to listen.) The recession still surprised me in two related ways - my defensive stuff got clobbered much harder than I expected (based on previous recessions) but that same clobbering of good shares provided some good opportunities to switch around at the bottom and pick up even higher yields as everyone else panicked, including expanding my SDV holdings at over 10% yields. I came out much better off in income terms but capital values are still only similar to my prerecession peak. My income has done well enough that I have never bothered with any other work and now have lots of dividend income spare to reinvest. Concentrating on income shares these days means I don't have to watch the market every hour of the day.

It's a wonderful dream to give up work to concentrate on investing and I think it's possible for any investor given enough time and a bit of luck. I don't yet take advantage of my time and income to cover the length and breadth of the country through the day, though, because I look after my 18 month old son, which ties me down but is very rewarding in other ways.

(There are downsides - work provided a lot of social contacts/occasions that I miss - I probably post more than I should because I miss the conversation. Most people seem to think there must be something a bit dodgy about me for me to be successful and a few are jealous and behave oddly if the subject crops up. I've even been called an outright liar more than once by strangers because I was reticent about instantly giving them all the detail of my investments. I think this says more about others than me.)

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