Cqs New City High Yield Share Discussion Threads

[jong] 09/3/2021 16:59

Agreed ... there are some good graphs of share price vs asset value on the Hargreaves Landsdown website. The shares have nearly always traded at a slight premium.

[my retirement fund] 09/3/2021 16:58

Excellent performance over the years Lol. LOl !!!! I've been here since the credit crunch when there was a safe and sensible discount to NAV against a decent deleveragand quality portfolio amd I have watched them gradually transform the portfolios to an ever riskier asset classed portfolio in a never ending scramble to maintain yeild. They have dramatically increased equity investment by issuing equity at premium to NAV in recent years too boot. Personally I very much doubt investors appreciate how much risk they are now carrying at the present (and falling) NAV. But hey ho, no limit to folks ignorance and above all, when it comes to valuations one thing I have always said. Never ever under estimate the stupidity of the stupid.

[lab305] 09/3/2021 16:34

It is certainly not overpriced . No stamp duty , very tight spread , excellent performance over years, first class income share , wide exposure to a number of stocks in a recovery period post covid crisis. It has traded a a premium to its asset value for years and justifiably so. Fair value would be around 52p.

[winsome] 09/3/2021 14:19

The performances of his various portfolios is mediocre at best. These pundits are as useful as football pundits and horse-racing tipsters.

[cc2014] 09/3/2021 13:42

5 million shares traded today on the back of Baron tipping it as a reduce when he hasn't even given a reason. Jeez. Do people have no independent thought?

Edit: He must be making a fortune if he has this many subscribers at £200 per year.

[solarno lopez] 09/3/2021 13:42

Thanks noiseboy

[noiseboy] 09/3/2021 13:18

John Baron didn't give a reason yet, he has sold out of HDIV as well. Will update you when I find out.

[yieldsearch] 09/3/2021 12:22

NAV 05.03: 50.26 / 49.55 (exc current period revenue)
NAV 08.03: 50.28 / 49.53 (exc current period revenue)

[petewy] 09/3/2021 10:45

agreed winsome. Every two years there's some panic selling but the share stays the same.

[yieldsearch] 09/3/2021 10:09

definitely good opportunity to load up this morning. Thank you Mr Baron

[winsome] 09/3/2021 09:29

High yield funds are suffering past few days. Look at HDIV and IPE. Also dived as investors' current fear of the week is inflation. Probably not a good idea to think John Baron or otherwise has any inside info or better knowledge than the rest of us. I've held NCYF for years and will continue to do so, so recent share price movement of no concern.

[zac0_4] 09/3/2021 09:23

Yet another holding providing income at the expense of capital decline.

[cc2014] 09/3/2021 09:22

What a lovely morning. I am very happy to have loaded up on these thanks to Mr. Baron.

[neilyb675] 09/3/2021 08:27

NAV was near 50p yesterday, this is being sold heavily today.

[andyj] 09/3/2021 08:18

Interesting, also intrigued why.

[solarno lopez] 09/3/2021 08:12

Did he give any reason Noiseboy ?

[noiseboy] 09/3/2021 08:06

Jon Baron sold a few, he's had them for years.

[voci] 08/3/2021 21:48

My income investments ipe & smif also down.

[my retirement fund] 08/3/2021 17:07

Yes saw that, it got well pasted into the close and a volume turnover much higher than average too! Ominous, wonder if there's more to come?

[jong] 08/3/2021 16:50

Why the big sell off at the end ?

[killing_time] 01/3/2021 16:44

So did HL on Friday

[stemis] 01/3/2021 13:24

EQi credited the dividend on Friday also

[fordtin] 01/3/2021 12:56

Jon -

IG credited the NCYF dividend on Friday. However, I haven't received the dividend for shares of another company held in a Halifax ISA, which was due to be paid on Friday.

[jong] 01/3/2021 12:44

Is anyone with a nominee account still waiting for last weeks (26th Feb) dividend to appear ? I'm with Halifax Sharedealing and still no sign of it yet.