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ADIG Abrdn Diversified Income And Growth Plc

76.60
-0.20 (-0.26%)
04 Mar 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 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.20 -0.26% 76.60 76.60 77.00 77.60 76.40 77.60 437,424 16:35:20
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Trust,ex Ed,religious,charty 3.49M -299k -0.0010 -764.00 236.21M
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 76.80p. Over the last year, Abrdn Diversified Income... shares have traded in a share price range of 72.40p to 89.80p.

Abrdn Diversified Income... currently has 309,177,359 shares in issue. The market capitalisation of Abrdn Diversified Income... is £236.21 million. Abrdn Diversified Income... has a price to earnings ratio (PE ratio) of -764.00.

Abrdn Diversified Income... Share Discussion Threads

Showing 551 to 574 of 750 messages
Chat Pages: 30  29  28  27  26  25  24  23  22  21  20  19  Older
DateSubjectAuthorDiscuss
10/10/2023
11:05
Makes you wonder what kind of deal this lot have cooked up.
hugepants
10/10/2023
07:00
Discount now close to 30% - everyone losing patience with the Board. There must be loads of detailed proposals to go through for it to take so long! Surely we should get at least 25-30% of our cash back at NAV from the liquid investments. That would equate to a 7-10% kicker but it needs to merge into something that will trade much closer to par for this review to be in any way worthwhile.
hohum1
09/10/2023
13:12
Also there is arguably a questioning of ADIG credibility following
frequent mandate changes and very significant capital destruction over the past
7/8 years.

essentialinvestor
09/10/2023
13:02
HP, tbf it's not a perception of 'made up', perhaps some opaqueness as
many of the holdings are not subject to daily pricing?.

essentialinvestor
09/10/2023
12:37
As long as they are not under any pressure to liquidate the assets I guess whatever nav is ,it is not significant as I suspect they are not under pressure to liquidate .

However if the stock market suddenly takes a dive this is more vulnerable because of perceptions.

atlantic57
09/10/2023
12:17
But nearly all the infrastructure trusts and renewable trusts are 100% private markets investments. Adig is only 50%. I'm more confident in adig's nav than those and the reits. I've no idea where the perception adig's nav is "made up" has come from.
hugepants
09/10/2023
12:12
Huge Pants the main issue here for me is what is the true net asset value.
I suspect if the market generally tanks these will fall like a stone.

atlantic57
09/10/2023
11:45
But surely risk-adjusted is attractive? You can get 9%-10% just now on some trusts but these typically have 35-40% gearing and single asset type. And they don't have a value outing announcement possibly imminent.
hugepants
09/10/2023
10:56
78/79. ADIG trading as if no review was ever instigated.
spectoacc
06/10/2023
12:01
You have to just marvel at the value destruction here, it really is something to behold.

Added back what I sold over 84 pence.

essentialinvestor
06/10/2023
11:53
Online buy price is currently 0.2p less than the sell price.

Discount is 27.5% and yield now over 7%. Not bad for a trust with net cash and exploring options for increasing shareholder value.

hugepants
04/10/2023
08:08
Form a committee to determine what brand of matches it was.
spectoacc
03/10/2023
12:36
You would hate to see this lot if a fire broke out in a room.
essentialinvestor
02/10/2023
11:00
This was July's RNS, yet now it's October. Expected something much sooner, bearing in mind only a month between the review starting, and this:


"Update on Strategic Review

The Board of abrdn Diversified Income and Growth plc ("ADIG" or the "Company") is pleased to provide shareholders with an update in respect of the strategic review process announced on 20 June 2023.

Following the announcement of the strategic review, the Company has received a number of credible, attractive and varied proposals for actions that we believe should enhance shareholder value. The Board, and its advisers, are actively exploring how these various proposals could best deliver value for ADIG shareholders and are engaged in productive discussions with a selected shortlist of parties. The Company will provide an update in due course, noting that at this stage there can be no certainty as to the outcome of the review.

The ADIG Board has also taken the decision, in the light of the ongoing review process, to suspend the Company's investment-led share buyback policy. Subject to the outcome of the strategic review, the Board will consider resuming share buybacks in due course. "

spectoacc
18/9/2023
11:07
You can see at 84.3 atm, there might be some news this week,
but would not want to bet on that one.

essentialinvestor
17/9/2023
09:03
Patience needed on the strategic review. More likely to be October than September, in my view.
topvest
14/9/2023
07:02
Yesterday’s dividend announcement means that the Board met to approve the payment. Hopefully they are in day two of wading through the high quality strategic review proposals and will announce how we get our money back later today. (Not holding my breath though)
hohum1
08/9/2023
15:19
Big win for Burford Capital in the Petersen trial judgement. ADIG to benefit via its holding in BOF…
hohum1
08/9/2023
14:15
Bought a small amount today on the bases that news is due and it may
be favourably received. 4-5% will do me.

The problem with the above is just when you think news at ADIG will never get any better, it suddenly gets worse!.

essentialinvestor
08/9/2023
07:14
The bigger picture is that VC are spotting value that the market isn't. I'm not expecting a major re-rating of alternative assets, but it may mark the bottom in ratings
tiltonboy
08/9/2023
07:10
I see Roundhill Music have been taken out at a 67% premium. ADIG had a few of these. Only adds about 0.25p to NAV but maybe there are other parts of the portfolio similarly undervalued.
hugepants
07/9/2023
06:52
Thanks hohum1, just looked back to 15/9/22 and found it!
sll
06/9/2023
09:56
The dividend announcement is usually mid September. You'd think that they will give the results of the strategic review at the same time.
hohum1
06/9/2023
08:40
Wouldn't that div have been announced by now? Can't trace anything.
sll
Chat Pages: 30  29  28  27  26  25  24  23  22  21  20  19  Older

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