Chelverton Uk Dividend Share Discussion Threads

[trentendboy] 02/11/2013 14:45

Sold off GVC shares? Why? Big dividend earner and one reason for the increase in ORA share price

Seems an odd move

[lord gnome] 31/10/2013 17:30

Loving the gearing effect that those ZDP shares give the NAV. Lovely on the way up, but remember to sell before the next market crash!

[aleman] 30/10/2013 10:22

SMALL COMPANIES DIVIDEND TRUST PLC

The Company announces:

Total Assets (including unaudited revenue reserves at 25 October 2013)
of GBP39.00m

Net Assets (including unaudited revenue reserves at 25 October 2013) of GBP29.85m

The Net Asset Value (NAV) at 25 October 2013 was:

Number of shares
in issue
Per Ordinary share (bid price) - including
unaudited current period revenue* 183.66p 16,250,000
Per Ordinary share (bid price) - excluding
current period revenue* 180.44p
Ordinary share price 161.25p
Discount to NAV (12.20)%
Ordinary shares have an undated life

ZDP share 107.00p 8,500,000
ZDP shares are held in a subsidiary and have a redemption date
of 8 January 2018

*Current period revenue covers the period 01 May 2013 to 25 October 2013

[huttonr] 28/10/2013 17:37

Just thinking about the discount to NAV - current gearing is about 30% with the ZDP shares - so it seems to me that the current 12% discount is probably about right in that it is making an allowance for the high gearing. If the market has a small correction then the gearing will accelerate any fall in the share price.

[lord gnome] 23/10/2013 07:32

Given that they already have the next six months' dividends in the bag so to speak, they could easily put it up another notch. I don't think for one minute that this will happen, given that they have only just raised the dividend, but another rise next year should be just a formality.

[aleman] 22/10/2013 18:16

Accumulated income is 3.05p versus 2.10p this time last year. They've only just increased the dividend by nearly 6%.

[lord gnome] 22/10/2013 14:23

Sitting at a sizeable discount to NAV at present. Hopefully the share price will continue to follow the NAV. Plenty of room to rise and close that discount. Looks like we also have some room for another dividend increase.

[aleman] 22/10/2013 14:19

So we're back to making new 5-year highs on NAV.

[aleman] 22/10/2013 14:16

Total Assets (including unaudited revenue reserves at 18 October 2013)of GBP38.46m

Net Assets (including unaudited revenue reserves at 18 October 2013) of GBP29.38m

The Net Asset Value (NAV) at 18 October 2013 was:

Number of shares
in issue
Per Ordinary share (bid price) - including
unaudited current period revenue* 180.79p 16,250,000
Per Ordinary share (bid price) - excluding
current period revenue* 177.74p
Ordinary share price 159.25p
Discount to NAV (11.91)%
Ordinary shares have an undated life

ZDP share 106.88p 8,500,000

ZDP shares are held in a subsidiary and have a redemption date of 8 January 2018

*Current period revenue covers the period 01 May 2013 to 18 October 2013

[aleman] 22/10/2013 14:15

Total Assets (including unaudited revenue reserves at 11 October 2013)
of GBP37.88m

Net Assets (including unaudited revenue reserves at 11 October 2013) of GBP28.28m

The Net Asset Value (NAV) at 11 October 2013 was:

Number of shares
in issue
Per Ordinary share (bid price) - including
unaudited current period revenue* 174.03p 16,250,000
Per Ordinary share (bid price) - excluding
current period revenue* 170.97p
Ordinary share price 155.75p
Discount to NAV (10.50)%
Ordinary shares have an undated life

ZDP share 106.76p 8,500,000
ZDP shares are held in a subsidiary and have a redemption date
of 8 January 2018

*Current period revenue covers the period 01 May 2013 to 11 October 2013



END

[aleman] 11/10/2013 15:45

Total Assets (including unaudited revenue reserves at 04 October 2013)
of GBP37.30m

Net Assets (including unaudited revenue reserves at 04 October 2013) of GBP27.97m

The Net Asset Value (NAV) at 04 October 2013 was:

Number of shares
in issue
Per Ordinary share (bid price) - including
unaudited current period revenue* 172.11p 16,250,000
Per Ordinary share (bid price) - excluding
current period revenue* 169.25p
Ordinary share price 158.75p
Discount to NAV (7.76)%
Ordinary shares have an undated life

ZDP share 106.64p 8,500,000
ZDP shares are held in a subsidiary and have a redemption date
of 8 January 2018

*Current period revenue covers the period 01 May 2013 to 04 October 2013

[drewz] 02/10/2013 12:42

The market is turning over after this long 46% bull run in small caps since July 2012.

I expect 20% or thereabouts to come off over the next 6 weeks, as US disaray intensifies.

[aleman] 02/10/2013 12:30

Total Assets (including unaudited revenue reserves at 20 September 2013) of GBP37.20m

Net Assets (including unaudited revenue reserves at 20 September 2013) of GBP28.16m

The Net Asset Value (NAV) at 20 September 2013 was:

Number of shares
in issue
Per Ordinary share (bid price) - including
unaudited current period revenue* 173.28p 16,250,000
Per Ordinary share (bid price) - excluding
current period revenue* 170.95p
Ordinary share price 160.50p
Discount to NAV (7.38)%
Ordinary shares have an undated life

ZDP share 106.40p 8,500,000

[aleman] 19/9/2013 17:11

The Net Asset Value (NAV) at 13 September 2013 was:

Number of shares
in issue
Per Ordinary share (bid price) - including
unaudited current period revenue* 170.19p 16,250,000
Per Ordinary share (bid price) - excluding
current period revenue* 168.01p
Ordinary share price 159.50p
Discount to NAV (6.28)%
Ordinary shares have an undated life

ZDP share 106.28p 8,500,000
ZDP shares are held in a subsidiary and have a redemption date
of 8 January 2018

*Current period revenue covers the period 01 May 2013 to 13 September 2013

[aleman] 16/9/2013 12:17

Missed last week's numbers:

Total Assets (including unaudited revenue reserves at 06 September 2013)
of GBP35.80m

Net Assets (including unaudited revenue reserves at 06 September 2013) of GBP
26.77m

The Net Asset Value (NAV) at 06 September 2013 was:

Number of shares
in issue
Per Ordinary share (bid price) - including
unaudited current period revenue* 164.75p 16,250,000
Per Ordinary share (bid price) - excluding
current period revenue* 162.83p
Ordinary share price 154.75p
Discount to NAV (6.07)%
Ordinary shares have an undated life

ZDP share 106.16p 8,500,000
ZDP shares are held in a subsidiary and have a redemption date
of 8 January 2018

*Current period revenue covers the period 01 May 2013 to 06 September 2013



END

[lord gnome] 10/9/2013 09:34

Up again strongly. I make that about 50% gain so far this year. The year of the small cap!

[lord gnome] 04/9/2013 16:58

Ex-div today and yet the bid price went up rather than down. Nice to see.

[aleman] 27/8/2013 10:17

This year's dividend to be 6.825p, then, so the prospective yield is 4.4% at 153.5p.

SMALL COMPANIES DIVIDEND TRUST PLC

The Company has today declared a first interim dividend in respect of the year
1 May 2013 to 30 April 2014.

A first interim dividend of 1.475p per Ordinary share will be paid on 4 October
2013 to the holders of Ordinary shares on the register at 6 September 2013,
with an ex-dividend date of 4 September 2013.

It is the Board's intention, over time, to move the dividend profile gradually
to a position where the four interim dividends paid are equal. This will be
achieved by maintaining the fourth interim dividend at the same level and
increasing the first, second and third dividends in future years to reflect
earnings.



27 August 2013

[drewz] 21/8/2013 12:02

Splendid work this year managing this fund.

[skinny] 21/8/2013 10:21

SMALL COMPANIES DIVIDEND TRUST PLC

The Company announces:

Total Assets (including unaudited revenue reserves at 16 August 2013) of £35.17m

Net Assets (including unaudited revenue reserves at 16 August 2013) of £26.18m

The Net Asset Value (NAV) at 16 August 2013 was:

Number of shares
in issue
Per Ordinary share (bid price) - including
unaudited current period revenue* 161.08p 16,250,000
Per Ordinary share (bid price) - excluding
current period revenue* 158.20p
Ordinary share price 151.50p
Discount to NAV (5.95)%
Ordinary shares have an undated life

ZDP share 105.81p 8,500,000
ZDP shares are held in a subsidiary and have a redemption date
of 8 January 2018

*Current period revenue covers the period 01 May 2013 to 16 August 2013

[lord gnome] 14/8/2013 07:35

Admission of AIM stocks to ISAs is having an effect on the market. Too early to say if it is a real game changer or just an initial boost.

[aleman] 13/8/2013 23:27

Tiddlers are still flying this week, if the AIM indices are any indication.

[aleman] 13/8/2013 23:24

SMALL COMPANIES DIVIDEND TRUST PLC

The Company announces:

Total Assets (including unaudited revenue reserves at 09 August 2013)
of GBP34.85m

Net Assets (including unaudited revenue reserves at 09 August 2013) of GBP25.87m

The Net Asset Value (NAV) at 09 August 2013 was:

Number of shares
in issue
Per Ordinary share (bid price) - including
unaudited current period revenue* 159.18p 16,250,000
Per Ordinary share (bid price) - excluding
current period revenue* 156.28p
Ordinary share price 145.25p
Discount to NAV (8.75)%
Ordinary shares have an undated life

ZDP share 105.69p 8,500,000
ZDP shares are held in a subsidiary and have a redemption date
of 8 January 2018

*Current period revenue covers the period 01 May 2013 to 09 August 2013



END

[plasybryn] 13/8/2013 19:40

Since that Moving Average cross, it has done very well.

More to come ?

[lord gnome] 05/8/2013 20:25

..... So does the share price. A good one-day move for this.