Abrdn Smaller Companies ... Share Discussion Threads

[steve3sandal] 17/8/2021 18:54

Indeed. I'm in for a second tranche. No volume, low interest. Currently my favourite idea. I doubt they can sensibly sustain 2 small caps in the Aberdeen Standard house. The Standard life name has been sold to Phoenix I think, certainly for insurance. Nimmo running Standard Life Smaller on an 8%discount is in the Aberdeen depot where this manager uses his screening tools too. Id guess a merger could be considered if 17% discount persists.

[deadly] 17/8/2021 08:51

Discount now back at 17% and includes decent holding in ULE.

[davebowler] 12/8/2021 12:01

Unsurprisingly, given the strength of the sector average performance differential when trading at a notable discount noted above, this has been broad based. We can see this below, looking again at how the constituent trusts have performed on an NAV basis in the subsequent 12 months when their discounts are elevated on a Z-score basis, as compared with their own performance over other periods. We note with interest that this highlights Aberdeen Smaller Companies Income (ASCI), one of our discount opportunities recommendations, as offering a seemingly attractive entry point at this time.

[davebowler] 15/7/2021 13:47

Tipped here -

[davebowler] 07/5/2021 13:18

NAV 6 May Aberdeen Smaller Cos Income Trust 400.05p
with Debt at Fair Value Including Income

[davebowler] 16/4/2021 09:32

14 Apr NAV -


Aberdeen Smaller Cos Income Trust Plc with Debt at Fair Value Including Income 388.23p Ordinary

[deadly] 14/4/2021 17:41

very lively recently, almost at pre-covid levels; any news?

[bunz3] 21/1/2021 15:27

that video now on ggp share board , a good example for other shares

[davebowler] 31/12/2020 09:57

NAV 29 Dec
Aberdeen Smaller Cos Income Trust Excluding
Plc with Debt at Fair Value Income 353.55p
Aberdeen Smaller Cos Income Trust Including
Plc with Debt at Fair Value Income 353.55p

[davebowler] 02/9/2020 09:18

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

[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.