Chelverton Uk Dividend Share Discussion Threads

[plasybryn] 25/8/2010 09:42

Thanks dave

[plasybryn] 02/8/2010 13:40

Jimbo55: I bought more APH today following Nigel Wrays purchase on friday. Very good Proactive Investors Webcast with CEO. No div strategy yet - currently c. 1%, but likely to be increased with Interim announcement in Sept.
Looks undervalued. £8.6m last yr. N.P, analyst say £14/£15m this year. Sorry again off topic!

[jimbo55] 02/8/2010 13:24

Thanks Plasybryn. Will take a look tonight.

[plasybryn] 02/8/2010 08:04

Jimbo55: European Assets Trust (EAT) dividend RNS out today. Sorry off thread!

[plasybryn] 01/8/2010 14:20

Jimbo55: Wouldn't mind you sharing your thoughts in due course. EAT has a new Fund Mgr (youngish guy who is impressive) replacing Crispen and will hopefully turn the Gain performance around. Part of the F&C stable, so lots of money to throw at it to get it right. They have a very helpful annual Investor day in London in May. 6% paid from capital. Shires is part of Aberdeen and the performance has been quite good of late (suffered in Crash). Allied Pharma was tipped at Master Investor by Jim Mellon i think. Suppose to be recession proof as Doctors have to buy drugs what ever the economic climate. Wincanton is a FTSE 250 Coy. which has also won some recent contracts (Logistics Coy) and issued a fairly encouraging statement recently.

[jimbo55] 01/8/2010 13:02

Thanks Plasybryn,

I already hold shares in Telecom Plus. ;) Will check out Wincanton and Allied Pharma, and will also take a look at the Investment Trusts you mentioned.

[plasybryn] 01/8/2010 12:29

Have you also looked at European Assets Trust (6% Div) Shires Income and Shires Smaller Companies. Also Telecom Plus (7% Div + growth) Wincanton and Allied Pharma. All good income paying stocks

[jimbo55] 01/8/2010 11:06

Thanks Lord Gnome; that was very helpful.

Mildly concerned about the 33.75% of gearing (although I appreciate the figure is likely to be out of date now). I read that this IT got smashed in the 2008 crash due to being forced to sell holdings to pay down debt.

Just trying to find any warts before I invest. I believe we're due another big market fall in the not so distant future, so I'm therefore looking to invest in a trust that will maintain dividend payments throughout the fall, and not get too badly caned. This one ticks a lot of the right boxes, apart from the gearing.

Just wondering if the OEIC might be a safer way to play this in the current climate, as the initial charge will be eliminated if I buy via a fund supermarket.

Would be interested in any of your thoughts on this subject. Does the 33.75% of borrowing concern any of you at the present time?

[lord gnome] 01/8/2010 10:27

Jimbo - try this.

[jimbo55] 31/7/2010 11:33

Hello Gents,

Quick question. Do any of you know the gearing percentage figure for this IT at the present time, and/or where I can find it?

I've checked all the factsheets I can, but am struggling to find any reference to this figure.

Cheers.

Jimbo

[aleman] 19/7/2010 12:53

I make current NAV around 92p so discount around 13%, a little highish.

[envirovision] 06/7/2010 11:53

Actually I bought today as well I paid 80.01p

[lord gnome] 06/7/2010 11:45

To hell with cheap Aussie Chardonnay - I paid 80p!

[lord gnome] 05/7/2010 18:35

Your taste in wine is obviously more discerning than mine (hic!)

[envirovision] 05/7/2010 17:49

I was hoping for more like 77p or 76p, anyway no rush, i.e. the difference between a couple cases of decent French wine.

[lord gnome] 05/7/2010 17:11

Me too, envirovision. To buy at 79p would be so much better than to buy at 80p. It doesn't sound a lot of difference, but on 12k shares, that's enough for a couple of dozen bottles of cheap Aussie wine.

[envirovision] 05/7/2010 17:03

Well someone bought 75,000 of these and had to pay a premium of 80p.

Typical as I was hoping to get a more modest 10K worth or so for my ISA at a bit of a discount.

Maybe I will yet.

[envirovision] 01/7/2010 13:55

Holding up well giving the market panic at the moment, will certainly be re-investing the dividend here.

[aleman] 01/7/2010 13:49

The Net Asset Value (NAV) including unaudited current period revenue at 25 June
2010 was:

Per Ordinary share (bid price) 91.78p

Ordinary share price 81.50p

Discount to NAV (11.2)%

[aleman] 30/6/2010 10:07

Went ex-dividend today.

[envirovision] 28/6/2010 21:12

sorry must be someone on filter