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Share Name Share Symbol Market Type Share ISIN Share Description
Cqs New City High Yield Fund Limited LSE:NCYF London Ordinary Share JE00B1LZS514 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.35 -0.69% 50.05 49.50 50.60 49.80 49.80 49.80 622,326 16:35:21
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 22.6 20.0 4.6 10.9 240

Cqs New City High Yield Share Discussion Threads

Showing 351 to 375 of 375 messages
Chat Pages: 15  14  13  12  11  10  9  8  7  6  5  4  Older
DateSubjectAuthorDiscuss
02/10/2020
13:50
Doesn't mean a lot in reality, just bought @ 45.8 ps: ADVFN have it as a sell..
shalder
02/10/2020
13:37
Anyone like to comment on why the MM's have a (nearly) 5% difference between the buy & sell prices?
mondex
21/9/2020
09:10
Still benefiting from pretty solid update last week
panshanger1
19/8/2020
11:47
Had a mention on interactive investor. hTTps://www.ii.co.uk/analysis-commentary/income-investors-tina-raises-more-questions-answers-ii513200 A more intriguing option is CQS New City High Yield (LSE:NCYF), a £233 million trust run by equally seasoned bond investor Ian Francis. This high-income specialist yields an eye-watering 9.3%, which indicates that it is not for the nervous. Nevertheless, the shares trade on a premium of around 3%, which is far lower than many other specialist income-producing trusts. But what adds to the attractions of this trust are its revenue reserves: at £17.3 million and rising this equates to almost a year’s worth of the previous year’s total dividend, which is a handy cushion.
ramellous
17/7/2020
15:48
A bit long but worth a read hxxps://quoteddata.com/research/cqs-city-high-yield-sitting-pretty/
nice_bloke
16/7/2020
16:35
Today's (improved) dividend announcement should calm a few nerves imho.
hutch421
10/7/2020
14:41
Sad to say I think all these types of funds should be trading at a discout. By definition if the fund manager is taking say 1% and the coupons of the investments are say 6% then the return can only ever be 5%. You might as well go and by the underling istruments yourself. Of course many we can't buy as they are out of reach at minimum 200k but I think my point still stands. Sadly I think alot of the recent inflows are from income hunters who do not fully appreciate the risks involved it the underlying investments. I suspect they will sell and move back to their regular dividend payers once dividends start coming back. I also suspect they are going to find they don't have a very strong market to sell into. So, I think I'll be waiting a year to buy back into this one.. I don't think the dividend is sustainable at its current rate. It never has been looking at the capital depreciation since 2012
cc2014
10/7/2020
12:42
Frankly stunned to see it trading at alleged NAV. I would expect a 15 to 20% discount to NAV. Still the market knows best as always! Lol.
my retirement fund
10/7/2020
12:06
Large sellers seem to be striking through bid and selling below market, which appear to be being moved on to retail PI's at prices just above bid. I.e. buyers are paying less than mid and trades getting reported as sells. I read the research piece at length and it was good to see so much detail. The market didn't seem too excited and we've seen a bit of selling pressure but nothing significant. I expect there will be some pain somewhere down the line. It's a high yield debt fund and some of it will go wrong. I'm hoping for a spike down for an entry but market doesn't seem in the mood. Plenty of retail buyers still coming.
cc2014
05/7/2020
21:20
see link below for research piece from Quoted Data. Some points of interest - no defaults to date on debt payments - not clear as to whether share price / nav has been permanently damaged - final dividend payment is likely to be in line with final payment last year - not clear whether continued year on year dividend increases is sustainable - have cash on hand around 87% of value of yearly dividend payments to use as support if needed. Here's link: https://ncim.co.uk/wp/wp-content/uploads/2020/07/200630-NCYF-Update-QD.pdf
zac0_4
29/6/2020
10:27
The challenge of course is that over the 9 year period, high yield debt firms should have had a good run. Corporate balance sheets have been rebuilt, we've seen significant central bank intervention and defaults have been very low. I would imagine we now enter a phase where defaults are going to increase. Indeed the share price has already gapped down to reflect this. The question is whether is has gapped down enough and looking at bond prices generally right now I'd say not. Borrowing rates are still far too low for the underlying risks.
cc2014
29/6/2020
10:21
Good point, this takes care of the drawdown automatically. People can save on fees to sell every six months! :)
vacendak
29/6/2020
10:14
In such retiree investments, where the dividends are high but the capital declines, they still outperform annuities!
rahosi
24/6/2020
14:28
Totally agree. Whilst they pay a good income, the price has fallen 35% in the last nine years. Effectively reducing the income by 4% a year. Very rarely do income funds manage to beat quality investment trusts, where the dividend might be lower, but the total returns higher. That said, if I was retired I might happily invest here.
andyj
20/6/2020
10:06
A market downturn is the acid test of which investments are most resilient. All my income paying investments have performed terribly over the past 6 months - HHI -18%, MRCH -25%, NCYF -15%. All figures include capital and dividends. Alternatively I have a number of investment funds which have clearly outperformed - L&G Global Tech +20%, Rathbone Global Opps +15%, Blue Whale Growth +14%. My mind is now made up! I'll move away from income paying investments and investments that are linked with the UK stock market and move entirely, over a period of time, to Investment Funds. Less worry and better returns!!
zac0_4
08/6/2020
21:16
Looks like a Covid graph to me.
hutch421
08/6/2020
04:28
How about this: hTTps://uk.advfn.com/cmn/fbb/thread.php3?id=33645630
irkin
07/6/2020
21:35
This dog poo is presently offering a 10 percent annual dividend so tell me where else you can find a similar return?
hutch421
06/6/2020
10:07
With you andy if there is one thing I have learnt from the crash its to stay away from dog poo stuff like this!
tim 3
06/6/2020
07:53
The Net Asset Value (NAV) at 04/06/2020 was: Per Ordinary share (bid price) - including 46.10p unaudited current period revenue Per Ordinary share (bid price) - excluding 45.39p current period revenue
neilyb675
04/6/2020
12:15
Cheer up !!Fed might come to the rescue
panshanger1
03/6/2020
13:19
With much of the market recovering, NCYF plods along waiting for the next fall. Still waiting to exit my last ever income fund.
andyj
16/4/2020
11:22
The Company announces its third interim dividend of 1.00 pence per share (2019 - 1.00 pence) payable on 29 May 2020 to shareholders on the register on 24 April 2020, having an ex-dividend date of 23 April 2020.
neilyb675
09/4/2020
15:26
Andy j Sod it just got offered 49.2 so took it the wild moves were not what I opted for when buying this.Thanks for your input confirmed what I was thinking anyway.
tim 3
09/4/2020
15:11
I agree, I am hanging on for 50p which, after dividends will represent break even/minor profits. A poor return really for a holding of several years. I find these supposed income funds habitually disappointing. They tend to go nowhere in bull markets and crash the moment markets wobble, erasing years of dividends! I am moving increasingly towards funds that pay a lesser dividend but provide long term capital appreciation such as...HMWO BRNAHGTFEVMTUJAGI I mainly use preference shares for income.
andyj
Chat Pages: 15  14  13  12  11  10  9  8  7  6  5  4  Older
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