Aberforth Split Level In... Share Discussion Threads

[2wild] 07/5/2021 09:08

NAV up 19.8% to 94.22p in 2 months.
Added this morning at 82.4p, a 12.5% discount to nav.

[captain stock] 16/4/2021 15:26

Just bought £5K, made a nice 20% on SDV, which isn't at a discount anymore, not sure how long to hold on for..

[2wild] 16/4/2021 07:53

NAV 31.12.20 to 14.04.2021
Up 28.9% to 91.11p.
Added at 79.76p this morning, 12.4% discout to NAV.

[2wild] 12/4/2021 10:33

NAV up again to 90.25p.
Got some more this morning at 79.11p, 12.3% discount to NAV. Benefiting from a triple whammy of increasing NAV, gearing and an evaporating discount to NAV. These were trading at a premium some months ago, no reason why that shouldn't happen again.

[brucek1812] 10/4/2021 10:26

Big jump today. Not so surprising given the discount and ASL gains - ASIT has lagged and resumption of dividends by uk companies and gearing structure of ASIT should help to narrow discount further

[2wild] 07/4/2021 18:48

NAV 88.1p at 6th April.
Added this morning at 72.91p, a 17.2% discount to nav.

[2wild] 05/4/2021 07:15

NAV up 20.8% to 85.37p in 3 months to 31 March.
Added at 72p on Thursday, 15.6% discount to nav.

[2wild] 16/2/2021 10:25

NAV ticking up nicely to 76.59p. We can buy at 66p, 13.8% below NAV.

[skwas1] 05/12/2020 09:53

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

[brucek1812] 13/10/2020 18:50

Share price climbed 10% today and looks greatly undervalued

[topvest] 18/7/2020 20:01

It needs time to recover. The geared strategy has worked in the past and should work this time as well...eventually!

[olliemagern] 17/7/2020 10:44

2wild, I guess it could be a rumour, that it would make sense to close Aberforth Split and absorb it into the massive successful Aberforth Smaller. ASIT launched 3 years ago has been a disaster.

[2wild] 16/7/2020 20:37

No idea what was going on today, up almost 10% on heavy turnover and some buying above nav. Sold out at 52p, just below NAV. Reinvested in similar trust AIF at 24% discount to nav.

[robizm] 18/3/2020 12:28

I bought at 35p today. Maybe should have waited

[robizm] 15/3/2020 20:58

The gearing will work when the bottom is reached maybe later this year. Will watch

[rambutan2] 05/9/2019 02:24

Performance not great, style out of favour, but offers chance to lock in near 6% div and if experienced managers do start to perform then the gearing will boost returns. Is on my watch list...

[topvest] 25/7/2017 20:38

This has got off to a surprisingly bad start given the yield on offer and the excellent historical record. Aberforth are a quality manager. Refreshing that they launched this vehicle at what they believed to be an optimal size rather than being greedy. Expect it to do very well over its life, albeit launching at the end of a bull cycle will impact at some stage.