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AIF Acorn Income Fund Ld

367.50
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
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
  0.00 0.00% 367.50 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Acorn Income Fund Ld Share Discussion Threads

Showing 176 to 199 of 350 messages
Chat Pages: 14  13  12  11  10  9  8  7  6  5  4  3  Older
DateSubjectAuthorDiscuss
19/7/2020
16:22
Given both recent buys and sells were around 3p within the official spread, this would suggest there is no longer àny overhang as you would not be getting a 3p price improvement on sells.
2wild
18/7/2020
20:58
I am considering buying here because of the huge and growing discount. Small uk companies have been really hammered this year and look very good long term value. The discount here looks really out of line compared with other small company investment trusts. Is there a share overhang which is forcing the price down recently?
biggest bill
17/7/2020
10:51
I sold SDV at 135.2p, above NAV last month. Been buying AIF at dicounts of 20-26% over last few weeks. Yesterday sold ASIT at 1% below NAV. All 3 trusts invest in smaller higher yieldig companies and geared by a Zero Pref. Discount here is very odd.
2wild
15/7/2020
13:29
Added at 232.4 . 25% discount.
whilstev
02/7/2020
15:14
Added at 238.9p, well below the 250 mid price. Nice 20% plus discount to net asset value and currently paying 9.6% in dividends.
2wild
29/4/2020
09:07
Annual Financial Report -
speedsgh
28/4/2020
13:41
Dividend Announcement -

The Directors are pleased to declare a second interim dividend for the year ending 31 December 2020 of 5.75p per Ordinary Share which represents an increase of 10.58% compared to the corresponding dividend for the year ended 31 December 2019 and maintains the level of dividend set by the increase in the first interim dividend. The impact of COVID-19 on the earnings of many UK companies is causing them to reduce or cancel dividend payments and this will impact on Acorn's earnings for 2020. Acorn is however, in the fortunate position of having revenue reserves, at 31 December 2019, equal to 1.04 times the 2019 dividend and the Directors consider the current situation is one in which it will be appropriate to draw on those revenue reserves. It is too soon to judge how severe or prolonged the disruption to UK corporate earnings will be and the Directors will keep the level of future dividends under review.

Ex-Dividend Date 11 June 2020

Record Date 12 June 2020

Payment Date 29 June 2020

Dividend per Share 5.75 pence per Ordinary Share (Sterling)

speedsgh
23/3/2020
16:45
Wouldn't touch the ords on such an outlandish spread; but the ZDPs look serious value at 144.5p for a GRY of 7.83%pa
skyship
03/3/2020
12:24
Lol maybe, but the mortality rate is so low. We'll see, but I always add on any big dips anyway.
chc15
03/3/2020
11:02
Amazing! All fears about the virus now gone! No problems envisaged! But the true effects have hardly started (in my opinion)
asmodeus
03/3/2020
09:03
Picked up some at 3.70 and 3.41, nice rise today, long term holder.
chc15
28/2/2020
13:04
Agreed not ideal but perhaps less of an issue if you are looking to lock away as opposed to trade.
speedsgh
28/2/2020
12:41
Dealing spread is big negative
8w
28/2/2020
12:28
One can now make that "Currently trading on a 6.7% yield (based on annualised DPS of 23.0p) with 20%+ discount to NAV."
speedsgh
27/2/2020
12:23
Indeed, the discount has rarely been this wide over the past 10yrs.



Link to Edison research note published 24/1/20 -

Note that, thanks to the recent share price fall and 10% increase in the dividend, the yield has become even more attractive since publication of the note. Currently trading on a 6.3% yield (based on annualised DPS of 23.0p) with 20%+ discount to NAV.

speedsgh
26/2/2020
15:42
Yes suffers on bad news, but discount is big
chc15
26/2/2020
10:49
Looks interesting but it looks to be 30% geared?
chinahere
26/2/2020
10:44
Beat down, have topped up
chc15
16/12/2019
21:54
Yes what a great 2 days, this and SDV ticking up nicely for a change.
chc15
16/12/2019
10:45
Topped up this morning, looks good value compared to the rest of the smaller companies sector that has no discount to nav anymore in the IT's
mozy123
01/8/2019
08:10
Since this is mainly a small cap fund, it is much more exposed to the UK economy than income funds that focus on large caps (which tend to have overseas earnings and benefit from the lower pound). Small caps are out of favour mainly due to fear of brexit. The widening discount represents weakening sentiment towards small cap stocks IMHO. I am a buyer at these prices.
rcturner2
01/8/2019
08:04
I think it is important to bear in mind that the NAV has been largely static throughout the past few months. As primarily an income fund that is reassuring. The widening discount affects us of course, but it also offers long term opportunities to buy in cheaper than before with the dividend now nearly 6%.
andyj
31/7/2019
13:05
Great, now what?!
chc15
29/7/2019
18:45
Possible buy back of shares. Also do more promotion, so more private client brokers and institutions buy the stock..get John baron to put this back in his income portfolio..
chc15
Chat Pages: 14  13  12  11  10  9  8  7  6  5  4  3  Older

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