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ADIG Abrdn Diversified Income And Growth Plc

45.60
0.90 (2.01%)
Share Name Share Symbol Market Type Share ISIN Share Description
Abrdn Diversified Income And Growth Plc LSE:ADIG London Ordinary Share GB0001297562 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.90 2.01% 45.60 45.00 45.90 45.90 45.00 45.90 461,846 16:35:15
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Trust,ex Ed,religious,charty 96k -3.66M -0.0118 -38.14 138.2M
Abrdn Diversified Income And Growth Plc is listed in the Trust,ex Ed,religious,charty sector of the London Stock Exchange with ticker ADIG. The last closing price for Abrdn Diversified Income... was 44.70p. Over the last year, Abrdn Diversified Income... shares have traded in a share price range of 41.00p to 83.20p.

Abrdn Diversified Income... currently has 309,177,359 shares in issue. The market capitalisation of Abrdn Diversified Income... is £138.20 million. Abrdn Diversified Income... has a price to earnings ratio (PE ratio) of -38.14.

Abrdn Diversified Income... Share Discussion Threads

Showing 1051 to 1074 of 1075 messages
Chat Pages: 43  42  41  40  39  38  37  36  35  34  33  32  Older
DateSubjectAuthorDiscuss
19/6/2025
12:42:21
NAV nudging up a bit more.

The May factsheet should be out in the next few days, so lets see if there have been any moves

tiltonboy
11/6/2025
13:21:20
A 1% rise in NAV is more than a currency movement.
tiltonboy
11/6/2025
13:07:54
NAV 67.78p
The US dollar has weakened by about 10% versus sterling since end of January. Given ADIG's assets are about 60% US dollar the NAV has held up pretty well.

hugepants
09/6/2025
16:53:21
Not only bad management, but lousy communications too
jmh4
09/6/2025
16:16:02
This has gone downhill ever since it changed from British Assets (founded in 1898)and a decent IT. Unbelievably bad management.
pherrom
09/6/2025
12:53:16
Genista71, are you planning to attend armed?
chucko1
09/6/2025
09:52:30
Anyone know when the AGM is? and whether it can be publicly attended?
genista71
09/6/2025
09:52:16
Still cant believe Davina Walter and the board let the fukcers at Aberdeen buy all this illiquid private equity stuff for a predominately retail owned income generating fund. Absolute madness.Now they have no clue how to unwind. Amateurs...
genista71
09/6/2025
09:11:46
Reports that Yale University Endowment has sold it's $2.5bn PE book at a 10% discount. Doubt we will get ours away so tight!
tiltonboy
06/6/2025
09:06:41
Davina Walter is fukcing hopeless...
genista71
06/6/2025
07:10:48
Regurgitated old news
tiltonboy
02/6/2025
21:02:45
There’s 0.76p of accrued income
tiltonboy
02/6/2025
14:51:37
Are we due a dividend here as I see that the Abrdn fund holding most of the cash has reduced from 14.99% at the end of March to 12.97% at the end of April even though the actual cash has remained virtually unchanged.
strathroyal
29/5/2025
15:45:54
I think cash could double over the rest of the year as "liquidity windows" are utilised. That would take cash up to around 22p per share (33% of NAV).

There are obviously some investments that would need a large haircut to get rid of them....but there are also some good investments that are seeing NAV accretion.

My concern is that some shareholders want this wrapped-up quickly and the board, despite what they say about achieving fair values, will be pressurised to sell.

I fear low 50's is going to be as good as it gets!

tiltonboy
29/5/2025
15:24:45
I guess we're also in the window of some end of Q1 valuations landing in the post
cousinit
29/5/2025
14:43:30
Yes thats what it will be fraz. Doh! Things like Bon Accord are US based private equity. There are other obvious holdings in the top ten that will be affected by currency eg. TrueNoord, Burford etc.
hugepants
29/5/2025
14:08:45
HP - is the recent downward trend in NAV not just currency related? If many of the holdings are illiquid it's not obvious why the NAV would shift daily. That said, I don't know which of the holdings would be currency sensitive..
frazboy
29/5/2025
07:35:41
Yes since they have speeded up the timeline as per the The "Commencement of Secondary Sales Process" RNS released last month. Assets could be sold at a material discount but "the ultimate decision whether to proceed with any given secondary sale will remain with the Board, which (together with its advisers) will assess the pricing against the quantum and likelihood of near-term returns expected from the relevant assets."
hugepants
29/5/2025
07:31:50
Thanks & Tilts, I'll edit - thought I was posting on the ASLI BB.
spectoacc
29/5/2025
07:15:47
Specto,

NP

tiltonboy
29/5/2025
06:56:11
(Edit, wrong BB).
spectoacc
28/5/2025
19:06:31
"Are those reasonable assumptions? Anyone got a different view?"

I'll go for sales at a 10% discount which includes costs.
I see the NAV is edging down again which could be the result of selling stuff. Or it could be recent valuations. I think some of the portfolio is valued every 3 months.

hugepants
24/5/2025
18:36:55
If assets are sold at average 20% discount from their NAV, and ADIG windup costs from here to completion are 5% of current NAV (so £10m), I make it a 53p return to shareholders or 15% uplift from the current mid-price. (Before any additional NAV downside from increasing gilt yields).

Are those reasonable assumptions? Anyone got a different view?
What are the independent brokers Campbell Lutyens likely to charge?
Are there taxes or other big cost items I may have missed?
The only recent hint of timescales I've seen is "Indicative pricing in the next few months" - any views on what that implies for likely completion of windup? I'd hope by year end, but obv timescale is a tradeoff of discount vs ongoing costs and risks.

I'm not quite sure what work is being done for the management fee (£1m p.a. current run-rate), nor ADIG overall (Ongoing Charge run-rate of £4.8m pa).

papy02
23/5/2025
07:58:31
I like the restated company objective

Not seen that so prominently in other wind downs - so a nice touch imo

joe say
Chat Pages: 43  42  41  40  39  38  37  36  35  34  33  32  Older

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