Abrdn Diversified Income... Share Discussion Threads

[thrugelmir] 26/4/2023 14:11

If inflation does drop back to 4% by the end of 2023, early 2024. Then 6% will be a decent positive yield. Reinvest the income and let compounding do the heavy lifting.

[hugepants] 25/4/2023 21:14

Still feels cheap down here though. 6% yield at 95p.

[cc2014] 18/4/2023 14:21

I have sold out today. Might be too early, might not be. Gut instinct but plenty of places elsewhere I can put the cash where I have more conviction.

[essentialinvestor] 18/4/2023 13:58

May be of interest.

[thrugelmir] 16/4/2023 22:01

RMMC has it's moments in the sun. If you are investing for the long term then the spread shouldn't be a concern. Lower the liquidity in a stock the greater the volatility in the share price. Not for the faint hearted I agree. Having said that many investors appear to love Private Equity on the basis of perceived discounts. Although the underlying portfolios are opaque in nature and the investment managers cream off high gees whatever the performance.

[rcturner2] 16/4/2023 19:34

I have held Phoenix since before the name change which according to Wikipedia was in 2010.

[essentialinvestor] 13/4/2023 16:08

Speaking of micro caps I looked at RMMC today but the % spread is prohibitive.

[thrugelmir] 13/4/2023 16:08

Not always. I've held one individual company share for over 10 years. Despite the economic cycles. Banked some profits when the price rose too far and likewise added more when it went oversold.

[essentialinvestor] 13/4/2023 16:05

Yup, although Sage was a micro cap when I started, Next available for pennies at one point - always so much easier with hindsight, eh.

[spectoacc] 13/4/2023 15:58

"A long-term investment is a short-term one gone wrong".

[thrugelmir] 13/4/2023 15:45

Investments need to be monitored. Not simply left. I've never bought anything with a 7 year perspective. Like life itself. Investing is cyclical. Holding onto bad investments isn't healthy but is an all too common trait.

[cc2014] 13/4/2023 13:53

The debate about whether it's better to buy and hold or not has no clear answer imho.

If you've got the right stock or a good fund manager buy and hold works but I've never been able to work out in advance this criteria.

[essentialinvestor] 12/4/2023 17:09

RCT, take the general point but buy and hold has most definitely not worked here over 7 years.

I posted the 2016 NAV a few weeks ago.

Clearly you can make a case the next 7 years may be better.

[rcturner2] 12/4/2023 17:05

Just buy and hold. Over trading is bad for your wallet. Too much over thinking on this thread.

[essentialinvestor] 12/4/2023 17:02

Congrats folks if you bought recent lows,
had a look but could not click Buy.

[thrugelmir] 12/4/2023 16:52

If you believe that the share price is too low. Then add to your holding. We are all the market.

[cc2014] 12/4/2023 16:18

Well I honestly do not know what to do. Last time I sold at 100p and whilst I'm sure it won't go back there in the current circumstances I struggle to see why the share price shouldn't begin with a 9.

Therefore if I listen to myself I should hold on and re-evaluate when it does begin with a 9. I suspect that's going to be an internal struggle because ADIG has been on a downtrend for so long.

[tiltonboy] 12/4/2023 15:33

NAV sneaking back up, but discount still at 26%.

MM's report that the last week or so Trusts have been very well bid. How long this lasts for who knows.

You pays your money, and you take your chance!

[hohum1] 12/4/2023 15:01

85p bid - what is going on? Quick - take profits!

[essentialinvestor] 11/4/2023 14:40

* thanks for the clarification, appreciated.

[hohum1] 11/4/2023 14:37

EI - Not sure about BUR debt. They certainly have a big position (4+%) in Burford Opportunity Fund.

[essentialinvestor] 06/4/2023 19:09

Spec, do you have any view on Pantheon International?, Thanks. CLDN getting a bit of
interest on the SKY news story

[essentialinvestor] 06/4/2023 14:50

* BUR this week would guess, don't they own a chunk of their debt.

[hugepants] 06/4/2023 14:45

It's unusual to see the NAV rocket 1.2% in a single day.