Abrdn Diversified Income... Share Discussion Threads

[petewy] 23/3/2023 09:54

Thanks Dave

[thrugelmir] 21/3/2023 22:51

Reinvest the dividends back into more stock. Investing is a long term game. Not a fruit machine.

[spectoacc] 21/3/2023 13:53

Exactly. 6.8% yield, share price falls 5% a year.

[hugepants] 21/3/2023 13:05

What's not to like? Well diversified. 6.8% yield, 27.5% discount and it has 5% net cash.
Just don't look at the historic chart.

[spectoacc] 21/3/2023 09:00

Regretting my foray into ADIG, should have taken heed of my own #337

[tiltonboy] 16/3/2023 15:45

They like to invest in discount plays, but not normally aggressive

[thrugelmir] 16/3/2023 15:20

Aggressive shareholder perhaps?

[hugepants] 16/3/2023 13:31

Ok so they've added 4.7M.

[tiltonboy] 16/3/2023 11:40

Its an increased holding. They had 10.9m shares in Sep 22

[hugepants] 16/3/2023 11:24

New shareholder. 1607 Capital Partners with 5.1%.

[hohum1] 15/3/2023 11:00

ALAI doesn't mention a rollover option. Not surprising as hardly anyone would have a CGT problem! The same would be true for ADIG..

[tiltonboy] 15/3/2023 09:26

A shocking investment. With dividends, it just about washed it's hands for long-term investors!

[cc2014] 15/3/2023 09:14

I liked ALAI. Never bought it but my finger hovered over the button very many times.

[tiltonboy] 15/3/2023 08:27

....and ALAI goes as well. Next....

[essentialinvestor] 13/3/2023 14:11

And I thought it was brave buying RIT and ATT, eh ;

Best of British folks.

[cc2014] 13/3/2023 14:04

A few more for me too below 83p.

[spectoacc] 13/3/2023 13:57

82.81p for another nibble - well down on recent purchases tho.

Waiting to hear what hidden unexpected risk is in them!

[cc2014] 13/3/2023 08:17

It seems I now have a very small position in this Trust at below 84p.

Can't say I'm too excited and I see it more as a trade than an investment.

We shall see. I do not the macroeconomic picture but I do like the buy-backs

[thrugelmir] 10/3/2023 19:45

Inequal distribution of wealth. The FED has a major challenge with QT. Deflating the asset bubbles is going to be a long drawn out process.

[spectoacc] 10/3/2023 17:01

Yes, I absolutely expected a recession in Q1, how could there not be a bloodbath? Utility bills right up, food prices up, fiscal drag kicking in, tax bills falling due, c.100k people a month coming off fixed rate mortgages. And yet..

Seems Covid savings, Covid rebound, and perhaps the fact 55% of houses have no mortgage have saved the day. So far. Petrol also down a quarter from highs, and gas fallen 85% even if that makes no difference to our heating bills.

Also wage rises, and maybe a minority being hit really hard whilst the majority make it up in the GDP figures. Tax receipts also ticking along very nicely.

Yet is hard to be bullish - some of the tax rises are pushed out beyond the next election, inflation isn't going away, interest rates are going higher for longer, which the market has been incredibly slow to appreciate. And something, somewhere, at some point, will break. You don't get 14 years of ZIRP unwound in 18 months without a crisis, even if it turns out not to have been LDI, or yesterday's SVB.

Trade what you see - right now I see a lot of things that bounced up too far from lows & are still too high. But I've been dip-buying today, UKCM, SUPR, ADIG.

Have a good weekend.

[essentialinvestor] 10/3/2023 16:54

Spec, I expected a larger cyclical adjustment and also a more significant
asset price adjustment to a post ZIRP environment - perhaps the renewed weakness in much of the REIT space is indicative of the market reconsidering this.

The bullish case on equities has been significantly strengthened by a major recession
not materialising - as was the consensus case 6 months or so back. Best of luck.

[spectoacc] 10/3/2023 16:43

Good luck @EI - am struggling to work out if this current dip is a buying opportunity or a lot of charts breaking down and heading lower - the $64,000 question.

(As an aside - I think the chances of a US technical default are underrated, the Trump Republicans really are that stupid).

[essentialinvestor] 10/3/2023 16:37

Spec, bought some RIT today, but also some PNL.