Edinburgh Investment Share Discussion Threads

[g.j.a] 15/10/2013 15:10

Sudden drop of 20p just now - anyone any idea why?

[hydrus] 09/7/2013 17:50

Superb recent performance anyone have an inkling why

[plasybryn] 04/6/2013 09:02

Rising Trend still in play. Have a look at SHRS, SDV, SUS, & TEP (2 founds & 2 stocks all paying great dividends with sound charts)

[defcon3] 03/6/2013 21:10

Looking for a long term investment. Seems a decent enough fund with a good divi. Any current holders got any thoughts whilst I'm pondering buying in here?

[tiger20] 07/4/2013 16:32

Two dividend payments within acouple of months from now expect 3% payment could be worth topping up

[tiger20] 25/2/2013 14:21

Even nicer chart trend today-but only had a mediocre year in comparison to rest of Investment trust-still a nice dividend

[plasybryn] 10/1/2013 11:19

Nice chart trend.

[lambeater] 14/11/2012 10:57

Just noticed that they declared this dividend on 8th Nov and that it goes XD today, 14th Nov, payment 30th Nov.

[lambeater] 14/11/2012 10:11

"The Board has declared an unchanged first interim dividend of 5.0 pence per
share and this will be paid on 30 November 2012 to shareholders on the register
on the 16 November 2012."

On that basis the share price should go XD today. But they don't say. Shambolic really as investors should not be left second guessing.

Any ideas?

[tiger20] 11/11/2012 22:03

xd this week for payment later in the month of Nov

[davidbh] 17/7/2012 20:22

arja,
Agreed. Thanks

[arja] 17/7/2012 10:47

davidBH,
ok, good points but it is a SETS/MM stock and MMs have less influence I suppose .Having lived in OZ most of my life I just hate this archaic UK market maker system and no MMS in OZ or spread ! ( wry smile ) . But EDIN has a great looking chart !

[davidbh] 16/7/2012 21:56

arja,
'Cos it's in demand and market makers drive up the price on offer.
If no-one buys (or rather, if demand seriously drops) then mm's will lower price andyou and I will plunge in - unless better offers around both at this permium and any lower share price.

[arja] 16/7/2012 11:32

why does this trust trade at a premium to NAV ? first time I saw that !

[tiger20] 01/6/2012 12:53

A final Divi proposed of 7p paid on 31st July12-- xd on 15th June 12

The Trust has done very well over the last twelve months in difficult times with Nav up 15% when all share FTSE down around 1% great.

Also hopefull that when RDR comes into effect on 31st Dec 2012 that Edin Investment Trust will be in demand having a good level of liquidity and demonstrated a strong investment track record.

Well done Neil Woodford and team a core holding for me in difficult times, and any weakening of the price will be topping up this summer.

[northernlass] 13/5/2012 19:41

Edinburgh Investment Trust, A Good Performer

THE REAL DIVIDEND HEROES

In the UK Growth & Income sector a good performer is Edinburgh Investment Trust run by Neil Woodford, arguably the UK's best investment manager. He runs his funds in a cautious way and they tend not to be the top yielders in their sectors, but over time make strong returns.

Edinburgh's dividend rises have beaten inflation in five out of the past 10 years and it currently yields a juicy 4.36 per cent. More importantly, in terms of share price performance it is among the top five trusts in its sector over one, three and five years, a record that recently helped it win the Best UK Equity Growth Fund awardat Investors Chronicle's fund awards.

The downside to this trust is that it trades at a premium to NAV of more than 5 per cent.

Read the article in full here:



P.S.

Here's a couple of links about SCLP, one of the hottest stocks at the moment:

[gregmorg] 02/5/2012 14:13

What's this about 2 May and a div payout? The next 5p div is due for payment on 23 May.

Question is will the annual payout be more than last years's 22.99p or not? My betting is it will be a bit less as I do not anticipate a repeat of a special div as no tax claw back.

The manager concentrates on the long term div beating inflation but without specifying the long term period! My guess is it is probably identified as the period that suits!

[tiger20] 15/4/2012 16:34

Expecting a nice dividend on 2nd May- great share- one of my core holding.

[honiton] 25/2/2012 21:04

a new high and yet the BB has ben very quiet.

[chairman2] 15/5/2011 18:19

what is kepin the discount so low?

[chairman2] 29/3/2011 20:39

wish I had been able to top up at 420p but whoose and it was gone

[gregmorg] 11/1/2011 14:10

BobP,
That makes sens. EDIN is expensive vs its underlying asset base.From here it either eases or marks time-in m y opinion.

I differ on the stock market as I believe it has a long way to go albeit with setbacks and maybe the odd big setback. The biggest overhang is, of course, the euro debt problems which are with us for a long time. I have difficulty in seeing the euro survive in its present form but how it pans out takes a better man than me! Bubbles always burst as has been proven-then timing gets to be the issue!

This has been a financial recession and they take far longer to recover from than a straight industrial down turn. That was very apparent with the 1974 downturn.(actually 1973-1975 with a major setback following in Oct 1976 with Dennis Healy having to go to the IMF)). Banks and property yet again!

The late 1970's and into the 1980's were tough going. It was less global then and the numbers smaller but whether that's good or bad in terms of recovery I am not sure.In my humble view, equities on a two year view look cheap and the yield basis seems all wrong - certainly compared with bonds(Maybe I should say over valued bonds!). I tend not to punt but hope I am right- the pension rides on it!

[bobp] 10/1/2011 18:44

Thanks Greg and Chair,

Very much appreciated and thank you for your time!

As a long term investment I'm going to start investing, but, not at this level...I do think its a bit high, not just EDIN but the index as a whole..
Maybe 420

[gregmorg] 07/1/2011 12:51

BobP,
Sorry only just seen your post.I am not a great authority on IT'S but "Think" I understand the essential rules. You refer to drip feeding and yes obviously drip feeding is always a good and cautious way to play most stocks and IT's are no exception.

EDIN should have built up a reasonable head of internal steam for better dividend growth and hopefully starting to match its stated objectives(which it has not done in recent time. In the main with its stocks it seems to played the economic back ground rather well. I too am a fan of Neil Woodford although in a loose way as I worry that fund managers get blinded by their own publicity. Invesco certainly has a good publicity machine but facts speak for themselves.

Much of the EDIN share price gain relative to the indices has come from the complete closing of its discount to asset value. Indeed, over the last year to eighteen months EDIN has gone from quite a big discount to assets to a premium (taking debt at fair value which in my book is the only way to measure. Technically you should not buy an IT when it's share price is at a premium to assets as you could (in a perfect world)buy the underlying stocks more cheapily directly in the market.

Why then are they standing at a premium? Well the publicity machine has a bit to do with it but more importantly it is the lack of safe income streams elewhere.Bank saving accounts yield next to nothing so where does a reasonably cautious investor get income. IT's are one such avenue and being closed ended are less subject to certain market pressures . It wasn't long ago that EDIN was yielding 5.5-6.5%. Where else could you get that yield. More investors become aware and the yield on this and similar IT's come down. Witness City of London IT, Perpetual Income and Growth and many others.

[gregmorg] 07/1/2011 12:51

BobP,
Sorry only just seen your post.I am not a great authority on IT'S but "Think" I understand the essential rules. You refer to drip feeding and yes obviously drip feeding is always a good and cautious way to play most stocks and IT's are no exception.

EDIN should have built up a reasonable head of internal steam for better dividend growth and hopefully starting to match its stated objectives(which it has not done in recent time. In the main with its stocks it seems to played the economic back ground rather well. I too am a fan of Neil Woodford although in a loose way as I worry that fund managers get blinded by their own publicity. Invesco certainly has a good publicity machine but facts speak for themselves.

Much of the EDIN share price gain relative to the indices has come from the complete closing of its discount to asset value. Indeed, over the last year to eighteen months EDIN has gone from quite a big discount to assets to a premium (taking debt at fair value which in my book is the only way to measure. Technically you should not buy an IT when it's share price is at a premium to assets as you could (in a perfect world)buy the underlying stocks more cheapily directly in the market.

Why then are they standing at a premium? Well the publicity machine has a bit to do with it but more importantly it is the lack of safe income streams elewhere.Bank saving accounts yield next to nothing so where does a reasonably cautious investor get income. IT's are one such avenue and being closed ended are less subject to certain market pressures . It wasn't long ago that EDIN was yielding 5.5-6.5%. Where else could you get that yield. More investors become aware and the yield on this and similar IT's come down. Witness City of London IT, Perpetual Income and Growth and many others.