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Aberdeen Sml.Co Share Discussion Threads
Showing 101 to 123 of 125 messages
|looking good boys!|
|11 Apr NAV Aberdeen Smaller Cos Income Trust Plc Undiluted Including Income 284.54p|
|IF there is another leg to this bull market (would define that
as the UKX somewhere near 7700 approx) ASCI may trade well into the 2.30-2.45
That is very much speculation/guesswork and IMV only, as always please DYOR.|
|VCP is the latest addition along with Scandinavian Tobacco.
They top sliced, Fenner, Dechra, Intermediate Capital and Hiscox on the last update.
Dechra was a 3.5% holding following the reduction, so adjustments made usually
tend to be conservative.|
|Loving the discount here. Adding more.|
|Yes I hear what you are saying guys but with a 31.7% discount to net assets it does give a decent sized moat .
Pretty good stock picking here as well held SHRS for a decent length of time and had some very good dividends and capital growth which was mostly due to narrowing of discount which I hope to emulate here.|
|CSN has been a stormer for ASCI.
Regret selling CSN and almost timed buying back in nicely,
hesitated and it has cost me dearly. Nearly is as good as never!.
Taking a complete break from trading anything until I'm more confident
where markets are going from here.|
|Also, ASCI a long way from a small company fund - eg top 5: XPP £474m, Dechra £1.52bn, CSN £582m, ELM £1.32bn, BBA £3.18bn. And nearly 10% of the fund in convertibles & prefs.|
|Yes was going to qualify that very point as it happens.
A smaller company fund perhaps not the best place for choppy markets,
however SHRS has been strong recently, my average sell price on Shires was
just under 2.44, so allocating some of capital to ASCI, given the discount,
may provides some safety. 2.11 my recent average buy price.
Might work out very differently in practice!.
Would hope the Manger top slices several positions near these levels,
Jonathan strikes me as a cautious type so hopefully will be the case.|
|ASCI going to be choppier than SHRS tho, if you think market due a correction. Though discount on ASCI hard to ignore.|
|Shifted a few out of SHRS today as ASCI is one of their biggest holdings anyway and the discount here is close to 30% compared to 12% at SHRS income growth has also been much higher with ASCI.|
|XPP also their largest holding, though today's rise will be worth less than 1p onto NAV.|
|Discount must be as wide as it's been for a while, though probably reflecting nervousness at giddy market.|
|That may be another new high on NAV.
On any market dip would be tempted to add further.|
|Added this AM.|
|Added 20. Using up some of my SHRS sales money.|
|Added this AM.|
|Great performance here in the shareprice. When I get a spare moment I was thinking of writing to the company to suggest the trust managers are given an extra bonus for their performance, but then I gather the already have been given a bigone and they will be in line for an almighty whopper when the merger is done.|
my retirement fund
|Me too. the only way I have found to outperform the market with some use of capital is to buy investment trusts in the troughs.
All I am saying is I can't see it will be allowed to go on indefinitely because it is obvious discount mechanisms help the share price - which is what the board's of these trusts are meant to be doing!|
|I love that there's no "downside protection" as I've regularly been able to buy in cheaply.
Also think people forget with ASCI that their divi is chunkier than most - so the performance from the charts (rather than from performance tables) looks less good than it really is.|
|Yep Nav at all time highs and share price tracking lower.
Same on BRSC. RIII looking steady because they have a buy back in place and interesting to see HOT's performance after they announced a buyback policy.
All these investment trusts are mad not to have some sort of NAV downside protection in place and at some point I suspect all of them will have.|
|A nice sell off nearing A50 being invoked may present an opportunity,
may not happen, lets see.
Recent NAV performance looks more than OK to me.
Hoping we may have some wider equity weakness shortly.|