Aberdeen Sml.Co Share Discussion Threads

[envirovision] 14/5/2014 13:33

This fund just cant seem to find its mojo anymore

[envirovision] 31/3/2014 11:40

Ex div weds

[plasybryn] 22/7/2013 12:49

Don't forger Shires Income (SHRS) holds 8.3% of ASCH.

[garwatts] 08/5/2013 13:03

Thanks Dave - looks interesting looks like a change is coming up;-)

[davebowler] 08/5/2013 12:39

Garwatts , my mistake, I should have said HSL -Henderson Smaller Companies . Its a rival Investment Trust with superior performance over 5 years and at a biggish discount of 16% to NAV (whereas ASCH is at 0%!)

[garwatts] 28/4/2013 12:08

Dave who or what is HLS?

[aleman] 23/4/2013 17:32

The traditional alternative to this one in recent years was SDV. The discount there is closing fast, as well. It's gone from close to 20% several weeks ago to around 7% now. I suspect that will be pushing parity soon, too. It's a great ride as discounts close and yield shares generally rerate a little higher but it's definitely getting harder to find places to reinvest the income paid out. If base rate is expected to remain unchanged for 5 years or more, one wonders where this trend will take us.

[davebowler] 23/4/2013 16:51

HLS is at a 13% discount with a better track record over 5 years.

[pherrom] 22/4/2013 08:51

From 20% discount to 2% premium in 6 months!

[praipus] 18/1/2013 15:52

Hi Davebowler, any chance you could add this link to the ITKY header for ease of NAV checking?



Thanks in advance.

[davebowler] 18/1/2013 14:33

Also worth a look is Acorn -AIF .
I've sold my ASCH with a tinge of regret and have AIF and HSL.

[aleman] 09/1/2013 11:41

Trustnet gives SDV gearing of 143% and ASCH 126%. I don't know how they get that. They are clearly not what one normally understands for gearing. Perhaps, they are both simply incorrect, as sometimes happens on aggregator sites.

[garwatts] 09/1/2013 09:30

Got it from Trustnet

[aleman] 09/1/2013 01:37

How do you get 150%? Total assets £29.3m. Net assets £20.4m, after zeros £8.7m (and £200k overdraft?). Looks like 44% to me.

[garwatts] 08/1/2013 21:19

Yes SDV have a higher yield but gearing is also approaching 150% and they also have Zeros to consider......

[aleman] 08/1/2013 16:18

These have really motored of late and the discount has shrunk to the lowest for 4 years. If you think these look a little overbought, SDV still looks good value by comparison. It tends to move in line with ASCH but hasn't followed NAV up recently so its discount is high by the standards of recent years.

[davebowler] 28/12/2012 14:03

Aberdeen Smaller Companies High NAV Excluding Income 168.14p Ordinary
Income Trust PLC
Aberdeen Smaller Companies High Including Income 169.68p Ordinary
Income Trust PLC

[aleman] 24/12/2012 11:50

Dividend has gone up a touch.

24 December 2012

Aberdeen Smaller Companies High Income Trust PLC

The Board of Aberdeen Smaller Companies High Income Trust PLC has declared a fourth interim dividend of 1.55p per share in respect of the year to 31 December 2012 (third interim 2011: 1.5p) payable on 31 January 2013 to shareholders on the register at close of business on 11 January 2013. The ex-date is 9 January 2013.

End

[davebowler] 22/11/2012 13:27

Aberdeen Smaller Companies NAV Including inc 160.29p 20 Nov

[davebowler] 02/11/2012 16:22

Video on high Smaller Co.s discount - second half.

[garwatts] 16/10/2012 16:04

A mediocre performance at best but small caps have been slightly better of late. They have a long way to go before regaining previous highs. I wish Shires would do away with cross holdings.

[aleman] 16/10/2012 14:41

137.5p equals the post-recession high.

[aleman] 10/10/2012 12:31

Small cap index:

[aleman] 27/9/2012 15:13

Aberdeen Smaller Companies High Income Trust PLC

The Board of Aberdeen Smaller Companies High Income Trust PLC has declared a third interim dividend of 1.5p per share in respect of the year to 31 December 2012 (third interim 2011: 1.5p) payable on 26 October 2012 to shareholders on the register at close of business on 5 October 2012