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Share Name Share Symbol Market Type Share ISIN Share Description
Aberforth Smaller Companies Trust Plc LSE:ASL London Ordinary Share GB0000066554 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  4.00 0.27% 1,482.00 1,478.00 1,480.00 1,492.00 1,478.00 1,492.00 100,486 16:35:12
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 15.7 11.9 13.3 111.6 1,315

Aberforth Smaller Compan... Share Discussion Threads

Showing 26 to 49 of 50 messages
Chat Pages: 2  1
DateSubjectAuthorDiscuss
02/10/2021
13:43
NAV up 33.5% in 9 months to 30th September from 1292.38p to 1725.71p. At 1502p discount to nav is 13%
2wild
12/8/2021
12:51
Their investment approach is very sound. They focus on many companies that I wouldn’t necessarily buy in my portfolio so it’s a good strategy for me. Good for targeted return of 10%+ per annum in my view.
topvest
11/8/2021
12:31
NAV up 37.9% from 1292.38p to 1782.5p so far in 2021. Paid 1605.6p this morning a 9.9% discount to nav
2wild
07/6/2021
12:44
New all time high Well done to those who held on GLA
panshanger1
23/4/2021
05:42
Hi, I am new here. I am a seasoned private investor 20 years in the making and have held these shares for a decade, only selling up once to buy help with a home move. Stable mates are one Tech Trust and one world equities trust and thats it! This trust has, I believe, good management and have reliably made me money in that time. I sold my business in late 2019 and dripped sizeable amounts for six months testing Pound cost averaging to death ( covid) Like many stocks this did take an unnerving dive, and it seemed some of their holdings did look questionable and I did question my sanity on occasion but, the dividend policy continued through having plenty on cash reserves and I through gritted teeth continued with faith. One thing I didn’t realise was how UK stock were out of favour but, alas, this situation is reversing to our benefit!
dodgedollar
29/3/2021
08:23
New 52 week high and getting close to NAV
panshanger1
09/3/2021
12:53
New 52 week high Value to the fore !!
panshanger1
24/2/2021
19:11
Tend to agree. Boring but good old fashioned value stock picking. Discount still around long term average of 9%. Scope for that to narrow.
brucek1812
24/2/2021
16:40
All quiet here Nice move up today and close to pre COVID high One for the value hounds as performance has been poor over longer time frames May come into its own now ??
panshanger1
05/12/2020
09:50
Hi all, any idea why ASL has outperformed ASIT over the last month (40% vs 23%). Considering the increased gearing of ASIT i fund this surprising. Thanks
skwas1
12/11/2020
12:10
Nice run this week and the switch into value carries on !!This could have quit a lot further to go.Satisfactory outcome to eu negotiations would give it a further boost IMOGLA
panshanger1
11/11/2020
07:32
Signs? It's been enormous! "Based on historical data, the book-to-market enjoyed a 12x standard deviation rally, while price momentum and short-term growth factors suffered from 20x and 25x sigma sell-offs, respectively, on November 9." (In US).
spectoacc
10/11/2020
19:38
Are there signs of an incipient rotation to value?
aurelius5
10/11/2020
07:40
Agree. It’s my biggest holding and they’ve had a few big winners like Urban and Civic. Be interesting to see today’s NAV.
andycapp1
09/11/2020
14:37
Big shift into small cap value going on with today’s vaccine news / sentiment. If, as is likely, there is Brexit progress in the near turn there could be a quick 30 percent bounce in ASL. Good opportunity to buy in at a particularly large discount, which I’ve taken.
king_baller
12/10/2020
12:31
I've held on here too rather than crystallise loss Management team have very large holdings which has also been a factor - at least they share the pain !Stock selection has been poor though, a positive out come to Brexit negotiations should help GLA
panshanger1
04/8/2020
08:32
Mw8156, I have started buying shares here. The reasons? I think that value investing will start outperforming the growth style from now on. Small uk companies shares and value shares have been hammered recently. I was looking for an investment trust which has a good long term record, invests in small uk value shares and is currently at a bigger than normal discount. Aberforth smaller companies fits the bill precisely. As a bonus, liquidity here is pretty good and the bid/offer spread is small.
biggest bill
03/8/2020
23:01
well to give the chairman his due he has replied: seems that they geared up the portfolio following the election in December in the expectation of a rally in British companies after any political worries of Corbyn had been removed. This seems fair enough even though it turned out to be the wrong option. then they invested in a succession of duds, First group, rps, sig, ipf, urban and civic which were not offset by successes with CMC, Huntsworth, Dialight-results today> Gulf marine and low and bonar. mentioned the dividend reserve allowed a maintenance of the progressive dividend policy- doesn't greatly matter to me a 30 yr shareholder in the ISA would have preferred greater concentration or index tracking in utilities and capital preservation in retrospect. Great turnover in stock in the portfolio over 30% a year suggests a lack of conviction in their holdings or ?poor quality stocks that continually need weeding out? My general conclusion- danger that the trust will become a Temple Bar or 'MandG Recovery' type fund invested in many value traps that appear to have a good dividend yield but no moat. Other conclusion is that yet to receive any apology from anyone at Aberforth...the extent of their reflection is that they are 'disappointed'--so am I!
mw8156
03/8/2020
21:31
If you look at the long-term record its very strong. I am keeping the faith. Aberforth have a patient and well tested approach.
topvest
03/8/2020
14:52
so, the chairman gave his email address in the results statement to allow and encourage ordinary shareholders to contact which I did seeking a fuller explanation for their performance beyond 'value investing being out of favour' with the idea that it might be time to consider a change of manager, to divulge the full list of their holdings and give a performance attribution via the rationale for choosing so many losing stocks and detailing their individual contribution to this performance. I await the reply, not holding my breath!
mw8156
29/7/2020
10:09
ghastly statement truly abysmal results.
mw8156
26/2/2019
09:30
See the latest ADVFN twitter poll about Funds: https://twitter.com/advfn/status/1100297573917736961
shiv1986
20/11/2018
14:13
.........................
traderjeff7
02/3/2017
20:40
Yes - excellent support and a strong vote of approval for a well run trust.
topvest
Chat Pages: 2  1
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