Aberdeen Smaller Compani... Share Discussion Threads

[davebowler] 02/9/2020 09:18

Update call with Abby Glennie, Deputy Head of Smaller Companies, at 15.00 on 3rd September.

[davebowler] 25/8/2020 13:08

hTTps://www.aberdeensmallercompanies.co.uk/en/podcasts?

[kev0856153] 12/8/2020 21:28

I don't know what any of that means. Are you a holder?

[kev0856153] 12/8/2020 20:54

share price 259p Nav 323p Undervalued Under appreciated Under the radar

[gorse] 02/4/2020 12:35

Does anyone know if there's normally a 4% spread - 212/220 - in the Bid/Offer price?

[davebowler] 31/3/2020 16:56

NAV 30 Mar Aberdeen Smaller Cos Income Trust Incl.Inc. 260.08p with Debt at Fair Value

[spectoacc] 31/3/2020 11:25

Nearly did, at 196p offer this morning, but just can't pull the trigger when I know the market is going so much lower, when we're only at the beginning of Covid-19. Good luck holders.

[panshanger1] 30/3/2020 13:33

SCP worth looking at too in this area

[spectoacc] 30/3/2020 13:22

I looked last week - and promptly forgot what I concluded. I think the anomalous thing is every other damned trust, not being down at these discounts. As a mid-cap punt, on the worst being behind us or not far off the bottom, ASCI looks decent enough. Personally I think we're going a lot lower, over a protracted timescale, but that's not a particularly gutsy call when the world economy is shutting down, divis are being cut, rents aren't being paid, people aren't going to work.

[riverman77] 30/3/2020 13:17

Running through the investment trust discounts, this looks a clear anomaly. The discount had widened to over 25% which is much more than similar midcap funds, where discounts are only slightly wider (ignore the name of the trust - this mainly holds midcaps). Plus, ASCI is one of the better performing trusts and has a focus on high quality, defensive companies. Can't see any reason why this should have sold off more than everything else.

[essentialinvestor] 27/3/2020 13:45

The NAV discount here was regularly between approx 18-24%, it only very recently came in to single digits. To be fair the discount narrowed given the performance. Revenue reserves look around 6 Q's of dividend.

[essentialinvestor] 27/3/2020 13:26

Appreciate the view. Think what we may have seen is a bear market rally. But let's see.

[kev0856153] 27/3/2020 12:51

Well the Net asset value is up another 7p. Just announced. I dont think the nav is in question. You can check the holdings easy enough hxxps://online.hl.co.uk/my-accounts/security_details?sedol=0806372 Its a risky strategy to be out the markets just now. I'm not saying be gung ho but you may never see opportunities like this again.

[essentialinvestor] 27/3/2020 11:59

Kev, would agree with your longer term view. Just wonder if the NAV discount is flattering to deceive atm?. Another downdraft for markets may see their NAV fall quickly?.

[spectoacc] 27/3/2020 07:01

Always worth checking historical discounts.

[kev0856153] 26/3/2020 21:36

The discount to Net Asset Value is 27% which looks very high to me so I've bought in today at 189p. Good yield too and 60%-70% upside as markets recover. Just sit back, relax and watch a steady rise .

[davebowler] 17/1/2020 17:00

16 Jan NAV Aberdeen Smaller Cos Income Trust Including Inc 375.15p with Debt at Fair Value

[davebowler] 19/12/2019 10:03

NAV 17 Dec Aberdeen Smaller Cos Income Trust Including Inc 365.57p with Debt at Fair Value

[davebowler] 17/12/2019 08:50

13 Dec NAV Aberdeen Smaller Cos Income Trust Including 359.34p Ordinary Plc with Debt at Fair Value

[davebowler] 02/12/2019 13:17

Aberdeen Smaller Cos Income Trust Plc 28 Nov NAV with Debt at Fair Value Including Income 350.06p

[davebowler] 26/11/2019 12:00

hTTps://intouch.rdir.com/customtemplates/reports/ABDN/ABDN_IT_November19.pdf

[davebowler] 26/11/2019 10:38

NAV 22 Nov Aberdeen Smaller Cos Income Trust Plc Including Income 338.68p with Debt at Fair Value

[davebowler] 22/11/2019 12:30

20 Nov NAV Aberdeen Smaller Cos Income Trust Including income 336.18p with Debt at Fair Value

[davebowler] 18/11/2019 17:27

NAV 15 Nov Aberdeen Smaller Cos Income Trust Including Income 335.09p with Debt at Fair Value