Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Acorn Income Fund Ld LSE:AIF London Ordinary Share GB0004829437 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.50 -0.42% 355.00 350.00 360.00 358.00 355.00 358.00 56,620 08:00:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 4.2 3.5 22.3 15.9 57

Acorn Income Fund Ld Share Discussion Threads

Showing 251 to 274 of 275 messages
Chat Pages: 11  10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
09/6/2021
15:16
Some buying of the dividend. Ex tomorrow , will be interesting what course it takes after that. It is good to see it recovering after last weeks sell off though.
whilstev
09/6/2021
13:50
Discount to nav is narrowing, share price up 30p in last 7.5 trading days. Discount down from 19.5% some days ago to about 14% now.
2wild
09/6/2021
08:19
If this goes to bmo or discontinues, we will get closer to nav, so why isn't the nav narrowing? Ex div tomorrow, worth a buy now?
chc15
28/5/2021
19:06
I hold IPU as well, I would not be selling that.
rcturner2
28/5/2021
16:35
Brought 5 tranches today at between 242p and 244.8p, an average 19.5% discount to NAV. Sold IPU @ 610p SDV 225p and reduced ASIT at 89.07p, for an average 6% discount to NAV.
2wild
28/5/2021
09:33
On the question of a cash exit, usually when an IT is having a total change of strategy, i.e. going from UK small caps to global large ESG caps as in this case, the board would offer a cash exist so shareholders can choose to either go with the new strategy, or get their money out if they disagree. If was a more minor modification, such as changing the manager but sticking with the same investment policy, then there would be no need for it. As it is, the board are making an asset allocation decision on behalf of shareholders - which strikes me as rather presumptuous to say the least.
big jim5
28/5/2021
09:32
It certainly looks like discontinuation for me the discount is approaching 20%. I think there has been a big vote of no confidence in the boards plan for the trust.
whilstev
28/5/2021
09:27
As non-executives, with fiduciary responsibilities to shareholders, they will not have been able to accept a fee for taking the fund to BMO as it would have compromised their judgement. Indeed for BMO to even offer such would technically amount to bribery.
big jim5
28/5/2021
09:16
"I think the board will come to regret not offering a cash exit for shareholders" Why? The board presumably gets a fee for transferring the fund if it goes through ... .. it was presumably a no brainer for them given that the board seem largely uninterested in continuing under the current model. I think it a shame - it was/is a good fund.
keith95
28/5/2021
09:06
I think the board will come to regret not offering a cash exit for shareholders who are less than impressed with the proposals. No brainer for me - vote in favour of discontinuation.
big jim5
28/5/2021
08:57
Grabbed a few back on the drop yesterday .... I'd sold out and moved in to HFEL. I'll be voting to discontinue ..... but it seems a bit of a no brainer ... The company as it stands is being discontinued either by vote or by a change in strategy ... either way the discount to NAV is going to be realized. The only question is whether the new strategy will trade at the same discount.
keith95
27/5/2021
17:02
Agree, NAV went up 10p or thereabouts share price down 22p. No doubt seller wants out before change in strategy/manager. May be a good time to accumulate if the continuation vote goes against the company.
rogerrail
27/5/2021
16:30
Any reason for the fall here today ? NAV up to 426.5 so seems strange.
whilstev
20/5/2021
11:12
Acorn Income Jumps On The Sustainable Bandwagon - HTTPS://www.itinvestor.co.uk/2021/05/acorn-income-jumps-on-the-sustainable-bandwagon/
speedsgh
19/5/2021
20:25
Are they targeting 3.5% of NAV? If so thats over 4.4% on current share price Still I would be sorry to see this go as it does provide some diversity to the run of the mill income investments with its focus on smaller companies, and IMO its a better investment than competitor SDV, but it seams we dont have the choice to maintain the status quo.
rogerrail
18/5/2021
19:26
Is that yield still correct though as is it not the historic yield?
rcturner2
18/5/2021
18:14
I’m not sure about everyone else here but I invest to make money not to pander to an Investment Trust Board’s perceived vision of the latest “wokery” trend. Acorn currently yields c.6.25% and is on a discount of c.13% and I have no problem with the current management of Premier/Unicorn. The only possible reasons to vote for a change of management are poor performance, investing in underperforming shares or poor returns. Can the Board provide evidence of better performance in the proposed move to BMO? If not, then they should consider winding up the Trust and returning the proceeds to us loyal investors and we will make our own minds up as to where to invest our money.
scillyfool
17/5/2021
23:39
Although 3.5 percent yield with capital growth sounds ok, but will it beat a global tracker fund, that is the question..
chc15
17/5/2021
08:52
Hmm, don't suppose we have a choice here, either we sell ourselves or stick. Rather it kept its UK focus, sounds a load of esg duff.
chc15
17/5/2021
08:39
Managers/Directors trying to continue their role rather than face the Discontinuation vote. If you like the new proposal perhaps better to vote it down then just buy a tracker ETF!
skyship
17/5/2021
08:19
I would rather see the Trust continue with the current holdings, which was one of the reasons that I hold here. The top ten holdings contain decent UK small caps and the NAV is currently growing well, I reckon +10% in the last 6 weeks alone. Why do people always have to fiddle with things?
rcturner2
17/5/2021
07:21
A load of woke puffery - liquidation the best move...
skyship
10/5/2021
21:24
Yes, it will. I wouldn't mind the company being wound up and getting NAV for my shares rather than the current market price, but equally I'd be open to sensible proposals for future policy. I quite like the idea of long term leverage and their focus on smaller caps. I don't like the expenses relative to the size of the company or various recent stock picking failures. I think it went off the boil after John McClure's untimely demise.
adrunkenmarcus
10/5/2021
21:16
NAV up 12.2% in last 2 months to 425.29p plus dividend. Brought today at 356p, a 16.3% discount to nav. The Zeros redeem in February 2022, will be interesting to see what proposals are put forward.
2wild
Chat Pages: 11  10  9  8  7  6  5  4  3  2  1
ADVFN Advertorial
Your Recent History
LSE
AIF
Acorn Inco..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210622 04:05:52