Carador Income Share Discussion Threads

[solarno lopez] 16/4/2013 14:51

Well their increased stake did not help the price today

[solarno lopez] 16/4/2013 10:49

We can take heart with the announcement that F & C Asset Management have upped their hlding

[atholl91] 15/4/2013 11:45

Announcement should be 22 - 25 April.

[jonwig] 13/4/2013 08:29

Could be, but the dividend declaration usually followed the NAV statement within a day or so.
The NAV statement was on 21 March, but no dividend declaration yet.

[eeza] 13/4/2013 08:20

XD should be 23 April by my calcs.

[jonwig] 13/4/2013 07:18

JoA - no idea, I'm afraid. They seem to have changed their schedules without telling anyone.
That might be something to do with the special payment and C-share conversion earlier.

[joan of arc] 12/4/2013 18:54

When do these next go xd?

[pejaten] 26/3/2013 13:20

It went up to far. On dividend, should be on track to pay 3.5c this quarter. Difficult to say whether sustainable given repricing that is taking place in underlying loans. In my view best too focus on quality of the fund manager and hold for long term

[solarno lopez] 26/3/2013 10:35

An interesting thought, thank you

[vosene] 26/3/2013 10:30

EOY tax selling probably having some effect

[solarno lopez] 26/3/2013 10:26

I know JONWIG and others are good analysts of CIFU so can you tell me why this continues to fall when its backed by a chunky dividend.

I appreciate that the price is ahead of the net asset value but doesn't the yield act as something of a support level

[solarno lopez] 25/3/2013 16:00

wonder what the current yield is ?

[eeza] 25/3/2013 15:52

Lots of support at ~92p.

[solarno lopez] 25/3/2013 15:31

none stop faller at the moment

[pejaten] 24/3/2013 03:08

The dividend was announced early last year because c shares were about to be converted. Normally dividends are announced in 3rd week of the first month in a quarter.

[eeza] 21/3/2013 23:59

The corresponding div last year was XD 23 March, but no Dividend declaration, yet, for this payment.

[rford78] 21/3/2013 23:37

When is the ex dividend date ? Cheers

[jonwig] 21/3/2013 17:45

The premium to NAV was getting a bit rich, and some late buyers had piled in hunting for yield.
Honestly I wouldn't have been a buyer above 100c, and these still stand at a premium to NAV.
However, income is up, and dividend paying strength isn't diminished (I believe).

This would need to drop to 95c with signs of dividend weakness to give me concern.

[solarno lopez] 21/3/2013 16:18

Thanks but I have held for sometime, but can see the logic if I had purchased last week

[eeza] 21/3/2013 16:11

Quarterly Yield 3.5. share price decline in last week 6. Falling knife.

That is - if you had bought for the yield 1 week ago, you have just lost the equivalent of 2 quarter's div.

[solarno lopez] 21/3/2013 16:09

EEZA why is that