European Assets Share Discussion Threads

[marktime1231] 03/11/2021 16:45

Every reason to worry about NAV since that is how they calculate next year's dividend. NAV performance is both growth and income progression, a unique investment trust which is having a brilliant run.

[rcturner2] 03/11/2021 07:23

My personal opinion of EAT is that it is a long term hold and there is no need to worry about the NAV as it will look after itself.

[north sea boy] 02/11/2021 19:48

Just need it to hang on to that level until 31 December; it would certainly be useful if it can. Fingers crossed, and still holding. NSB

[marktime1231] 02/11/2021 19:19

Indeed rebounding, I suspect we will hear NAV was back up through 150p again today. Splendid.

[marktime1231] 14/10/2021 14:27

NAV looks to be progressing again, let's hope we have turned the corner and are heading back towards 150p.

[aleman] 28/9/2021 15:24

To: RNS From: European Assets Trust PLC Date: 29 September 2021 LEI: 213800N61H8P3Z4I8726 October Quarterly Dividend European Assets Trust PLC ("the Company") announces that a dividend of 2.0 pence per share will be paid on 29 October 2021 to shareholders on the register on 8 October 2021, having an ex-dividend date of 7 October 2021. In addition, the Company has paid dividends in January, April and July 2021. These four interim dividends, with a cumulative total of 8.0 pence per share, provide an annual payment to shareholders representing six per cent of the closing net asset value per share of the Company as at 31 December 2020. As at 30 June 2021, the Company's unaudited interim financial statements reported a Distributable Reserve of £336 million. In addition, as at 27 September 2021, the latest practicable date prior to publication of this announcement, €5 million of the Company's €45 million multi-currency loan facility with RBSI was undrawn and the Company had a cash balance of €12.2 million. Enquiries: Scott McEllen BMO Investment Business Limited Tel: [phone]

[marktime1231] 22/9/2021 09:57

A positive research note from Edison does not disguise that NAV has slipped back below 150p, because a Chinese property developer might not be able to service its loans and ... strewth. Progress should resume once the market flutters die down, discount should close from the approaching ex-div. A good time to add if you are a believer, better now than when I did last week anyhow!

[marktime1231] 20/9/2021 12:49

Ouch that was not good timing.

[marktime1231] 17/9/2021 11:26

Treated myself to a few more EAT hoping this brief lull in NAV back to low 150's is ready to turn up again, and the next 2p on its way in October.

[marktime1231] 10/9/2021 15:55

NAV around 155p and the discount narrowing to about 4%, had me looking back over the charts. For long periods of the last decade EAT has traded at around par, so why not again, a premium even. The chart shows a compounding share price return of very nearly 10% pa while delivering a 6% yield. There may be pure growth trusts which have done better on a total return basis, but not many income trusts? Every income or retirement portfolio should have some.

[podgyted] 04/9/2021 12:42

Thanks RCT

[marktime1231] 03/9/2021 13:01

NAV still stepping up, what a gem, I will be whistling all weekend.

[rcturner2] 01/9/2021 07:04

Latest factsheet: hxxps://www.bmogam.com/uploads/2021/07/6b61bf57dbc0121488352140cacd533a/european-assets-trust-factsheet.pdf

[panshanger1] 31/8/2021 17:12

NAV at 155.61

[nipper66] 31/8/2021 16:28

Many thanks for setting up new thread with graphs.

[marktime1231] 31/8/2021 11:01

Appreciation strengthening for the value and potential of European small and mid caps is serving us well, another of my Euro baskets JEDC also gaining momentum. UK small-mid cap trusts also performing, it is the rest of the FTSE which is dull Investors pulling back from riskier Asia or pricey US markets, or ... actually got now idea why, maybe it is just Europe's turn for a decent run. Certainly not complaining, and yes NAV through 160p this year is not so far-fetched an idea.

[lizafl] 31/8/2021 10:02

Thanks for setting up the new thread RCTurner!

[panshanger1] 31/8/2021 08:36

Decent volume too this morningAnticipating an NAV increase

[rcturner2] 31/8/2021 08:22

New thread created.

[rcturner2] 31/8/2021 08:22

FUND OBJECTIVE: To achieve growth of capital through investment in quoted small and medium-sized companies in Europe, excluding the United Kingdom. A high distribution policy has been adopted and dividends are paid from a mix of income and capital reserves.

[lizafl] 31/8/2021 08:13

Great idea RCTurner. I like to see the charts in particular.

[rcturner2] 31/8/2021 07:34

Guys shall I set up a new thread for this with the charts and news included in the header? Thumb this posy if you want me to.

[panshanger1] 27/8/2021 12:00

NAV moving up nicely Hats off to investment managers here Stella year