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ADIG Abrdn Diversified Income And Growth Plc

45.40
0.20 (0.44%)
Last Updated: 08:00:22
Delayed by 15 minutes
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
  0.20 0.44% 45.40 44.00 46.50 45.40 45.40 45.40 57,461 08:00:22
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Trust,ex Ed,religious,charty 3.49M -299k -0.0010 -452.00 139.75M
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 45.20p. Over the last year, Abrdn Diversified Income... shares have traded in a share price range of 44.00p to 88.00p.

Abrdn Diversified Income... currently has 309,177,359 shares in issue. The market capitalisation of Abrdn Diversified Income... is £139.75 million. Abrdn Diversified Income... has a price to earnings ratio (PE ratio) of -452.00.

Abrdn Diversified Income... Share Discussion Threads

Showing 901 to 923 of 925 messages
Chat Pages: 37  36  35  34  33  32  31  30  29  28  27  26  Older
DateSubjectAuthorDiscuss
11/7/2024
23:01
ERNS looks like 5.2% or so the last time I looked. CSH2 is now compounding at 5.65% and with marginally lower volatility. Sweet spot.
chucko1
11/7/2024
14:45
Anything left to go for in ADIG given I have missed the first payout?
ammons
11/7/2024
11:00
Halifax & Barclays Stockbrokers I bet :)

I've ADIG in 4 a/c's & all have paid - hopefully you'll get yours before CoB.

ERNS - c.4%, can't go wrong, but hope to see something cheap to buy once the Labour dust has settled.

spectoacc
11/7/2024
10:39
A wise choice SpectoAcc, if I'd put more money into ERNS I'd have a lot more money today, not because ERNS has gone up but because lots of other stuff has gone down, ADIG for example! Still no money in my Halifax account.
cynicalsteve
11/7/2024
07:26
The return is in all a/c's - next to work out what to spend it on.

Edit: Went for the easy optiont and added to ERNS.

spectoacc
04/7/2024
16:14
Lol, you're right - must be because it's late in the day, & I'm post-Covid :)

Said this previously:
"Assume our next NAV will be 107p-38p = 69p, which c.44p is going to look a decent discount against."

But clearly should have read my own previous post :)

spectoacc
04/7/2024
16:09
Specto,

Why is it better than you were thinking?

NAV the previous day was 107.75. Take away the 38p payment leaves 69.75

tiltonboy
04/7/2024
15:46
69.4p inc income, better than I was expecting.
spectoacc
04/7/2024
08:17
Looking forward to the cash.
spectoacc
03/7/2024
19:41
At least all the resolutions were passed at the special meeting. That could have been a PR nightmare for Aberdeen.
citytilidie
03/7/2024
11:13
The market makers have so many shares to look after and have to read so many announcements well before 7 every morning that they sometimes miss an event or don’t adjust the price accordingly. This was a straight forward capital event so the share should have fallen roughly 38p straight from the start to allow for the B shares. The discount will slowly re-adjust but that will also depend on market conditions. I’ve bought more today as I do believe 50% discount is too great, but the flip side to that is that they now have less liquid cash on their balance sheet.
Royal and Sun pref shares recently announced they were to redeem their shares at approx 124 but the market makers missed the announcement. The shares were still being offered at 108 so me and several others picked a load up. They closed that day at 120. Be alert as sometimes it pays.

citytilidie
03/7/2024
10:46
I have another (less likely) theory for the high early share price, the market makers would have to make a judgement of the opening price, to do this they would have to work out the new discount. Perhaps they were too optimistic and were hit with a wave of selling? This theory comes from my own disappointment, I was expecting an overall gain of a penny or two today but the market has taken the whole 38p off the share price so the discount is now 40%. This is a very negative view of when the assets will be sold and the price we will get for them.
cynicalsteve
03/7/2024
09:41
It’s quite a few years off memory before they expect to finally wind up, but yes, the discount should reduce slowly which should help the share price. Quite a few buyers going back in now. (probably hoping the vote fails)🤑
citytilidie
03/7/2024
09:22
Can't go wrong buying back again, and have never seen one of these votes fail, but - you wonder why the co risks it, when it could se easily be ex the morning after the vote instead.

Assume our next NAV will be 107p-38p = 69p, which c.44p is going to look a decent discount against.

spectoacc
03/7/2024
08:51
Sorry SpectoAcc, the 43p was my view of the bid price, not the offer. I wanted to hold these but I couldn’t believe the price first thing. I sold mine at 52.9 together with a load of others, and have just bought them back at 45. Happy with the profit.

As you say, it is very strange that they have gone XD before the vote, and it would be mayhem if the vote did now not go through. The market makers and the FCA would both get involved which wouldn’t be good all round… …especially Aberdeen Fund Managers.

citytilidie
03/7/2024
08:20
Plus the shares actually closed at 82.8p, so c.45p.

One question tho - the vote's today, what happens if it doesn't pass? Why have the ex date effectively before knowing if it's definitely happening? The meeting isn't until 4pm.

(The B Shares will never hit our a/c's, will get the money in about a week - assuming the vote passes later).

spectoacc
03/7/2024
08:19
Somebody forgot to delete an order on the SETS board last night and got hit first thing!
tiltonboy
03/7/2024
08:18
"To me, they should have opened the days trading at about 43p, instead of 52."

You're just lopping off the 38p capital return but by that logic if they had instead returned 81p (yesterdays share price) then the shares would have opened today at zero pence.

hugepants
03/7/2024
08:12
To me, they should have opened the days trading at about 43p, instead of 52.
We all have “B” shares as well now, which should show on our accounts later all being well

citytilidie
27/6/2024
14:55
hohum do you mean tranche 1?

"...approximately £101 million of the Company's private markets portfolio (valued as at 31 May 2024) is expected to mature between 2024 and 2027 (the "Tranche 1").."

That's what, about 34p per share over next 3 years - with the dividends on top. Some this year so perhaps another capital return later in the year.

BTW I'm pretty thick. Can someone clear up exactly what they mean by "mature"?

hugepants
27/6/2024
12:21
Note 2 to financial statement has a good breakdown of the income from the portfolio, which helps model the forward dividends.

I had modelled the private assets generating around £10m p.a. but the income statement only shows £6-7m. "Overseas listed dividends" is quite a bit higher than I expected given the relatively smaller holdings ADIG had here - anyone got any ideas on this?

Dropping the future income stream down to £6.5m brings my modelled dividends down, I see the forward yields now at ~5%, and the IRR including capital returns at 14%.

Still a strong hold, but for capital rather than income going forward.

skinnypope
27/6/2024
09:37
I was expecting a detailed update on tranche 2. For example, how much can we expect by December? The Abrdn Global Private Market and TwentyFour funds should be realisable within 6 months…
hohum1
27/6/2024
09:10
hh1,

It was all covered in the document

tiltonboy
Chat Pages: 37  36  35  34  33  32  31  30  29  28  27  26  Older

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