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ADIG Abrdn Diversified Income And Growth Plc

43.20
0.20 (0.47%)
20 Dec 2024 - Closed
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 0.47% 43.20 43.30 43.80 43.80 43.30 43.80 542,656 16:35:05
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Trust,ex Ed,religious,charty 3.49M -299k -0.0010 -433.00 132.95M
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 43p. Over the last year, Abrdn Diversified Income... shares have traded in a share price range of 41.00p to 83.80p.

Abrdn Diversified Income... currently has 309,177,359 shares in issue. The market capitalisation of Abrdn Diversified Income... is £132.95 million. Abrdn Diversified Income... has a price to earnings ratio (PE ratio) of -433.00.

Abrdn Diversified Income... Share Discussion Threads

Showing 326 to 349 of 950 messages
Chat Pages: Latest  14  13  12  11  10  9  8  7  6  5  4  3  Older
DateSubjectAuthorDiscuss
16/2/2023
12:53
How transparent is the NAV ?.

It's a 25% NAV discount based on ..

essentialinvestor
16/2/2023
08:36
Also, the dividend isn’t covered. In removing the failed DCM, they could have set out a specific target to return cash to shareholders distributed by private market investments. Wealth managers do not appear to be buying into ADIG’s story of jam tomorrow. Most of the Board own very few shares - they clearly don’t believe in it themselves. They deserve a kicking at the AGM. This will continue to languish and deserves to do so.
hohum1
16/2/2023
08:06
"It pays a decent dividend" - and yet the risk-free has moved considerably. Has ADIG moved enough to reflect that? Particularly since (IMO) IR's haven't topped out yet, and won't fall anytime soon when they do.
spectoacc
16/2/2023
07:54
The only thing that really matters is where is ADIG likely to go from here?

It pays a decent dividend, the last 5 years NAV performance is perfectly acceptable for this type of fund and is on a pretty big discount.

Seems a reasonable investment to me.

rcturner2
16/2/2023
07:39
ADIG do at least have the advantage of being relatively uncorrelated to the markes.

FTSE new highs - ADIG languishes
FTSE falls - ADIG languishes
FTSE stays stable - ADIG languishes

;)

spectoacc
16/2/2023
07:20
Another 200,000 bought back yesterday. With the discount at nearly 25%, the Board’s vague and woolly discount control “policy” is allowing the share price to languish. This was entirely predictable. Will be interesting to see if they address this at the AJ Bell seminar.
hohum1
15/2/2023
14:19
Far from a unique problem. Retail investors have appeared to take their money elsewhere.



Over 50% discount = 27 funds
40%-50% discount = 19 funds
30%-40% = 32 funds
20%-30% = 33 funds

===========================================
Can’t pay the bills with NAV performance!

=============================================

No but you can continue to buy in an attractive dividend yield. Inflation will ultimately drop away.

thrugelmir
15/2/2023
13:57
I bought back in yesterday.
rcturner2
15/2/2023
12:57
Yes share price lagged NAV, which is what may create the opportunity. On balance, can't see the discount narrowing much anytime soon so not tempted to buy just yet, but will keep any eye on it.
riverman77
15/2/2023
12:04
Can’t pay the bills with NAV performance! Share price returns are rather worse. 2022 = -2.0% preceded by +6.3%; -5.2%; +3.3% -4.2%. The Board have let the 20% discount become entrenched and lamely say they are going to try harder to get the trust’s message across. In the meantime, they barely own any shares themselves.
hohum1
15/2/2023
10:06
The last 5 years NAV performance of the trust are:

2018 -4.7%
2019 +9.2%
2020 0.0%
2021 +11.7%
2022 -0.9%

rcturner2
15/2/2023
09:51
Perhaps worth a punt at current discount? For all the issues this trust has faced in the past, recent performance has actually been reasonably steady (if a bit plodding). Interestingly, 3y nav returns are now broadly in line with Capital Gearing trust and Personal Assets - both these tend to trade on a premium.
riverman77
15/2/2023
08:47
AJ Bell seminar on ADIG
davebowler
14/2/2023
20:19
At last a semi-decent buy-back!
tiltonboy
14/2/2023
15:32
The top 10 holdings. Are in themselves multi investment holdings.
thrugelmir
14/2/2023
06:48
I have held this in the past and I am looking again at the share. The "650 holdings" aspect is very misleading. For example, the top 10 holdings account for 42% of the NAV according to the latest factsheet, so I suspect as per HP's comments you can ignore most of the holdings.
rcturner2
13/2/2023
20:04
ALAI should really fold into Murray International. The only reason it has survived for so long was because Martin Gilbert was on the board. As for ADIG - maybe SAINTS should launch a takeover bid
hohum1
13/2/2023
15:50
Another Abrdn fund, ALAI, needs to call it a day as well. Far too small...
tiltonboy
13/2/2023
15:37
Sub £500 million funds are all ripe for merger or wind down. Too small to be economic.

As the Central Banks pull liquidity out and maintain a high interest rate policy. Expect ETF's will likewise suffer. Many equities may well be in for a fallow period.

thrugelmir
13/2/2023
10:08
ASCI, another abrdn trust has announced possible plans for winding up.
davebowler
13/2/2023
09:17
Voting against.

Just short of 3% here

tiltonboy
13/2/2023
08:05
Two weeks until the AGM. Peter Spiller is unhappy with ADIG’s discount policy: if you are a shareholder vote against continuation..
hxxps://citywire.com/investment-trust-insider/news/peter-spiller-lambasts-abrdn-trusts-over-lax-discount-policy/a2404279

hohum1
25/1/2023
12:01
hxxps://citywire.com/wealth-manager/news/abrdn-shuts-120m-multi-asset-fund-after-slew-of-mergers/a2407543

Need to do the same here!

tiltonboy
25/1/2023
08:48
Thrug,

It's a paltry buy-back, used intermittently!

tiltonboy
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