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Share Name Share Symbol Market Type Share ISIN Share Description
European Assets Trust Plc LSE:EAT London Ordinary Share GB00BHJVQ590 ORD GBP0.10
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.10 0.11% 94.70 94.40 95.00 94.80 94.00 94.60 654,787 16:35:17
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 6.9 5.4 1.3 71.5 341

European Assets Share Discussion Threads

Showing 251 to 274 of 275 messages
Chat Pages: 11  10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
24/1/2023
17:14
The stock holdings are all small to medium sized growth companies that fell because their p/e ratios got cut on rising interest rates, they are just cyclical and will recover when growth stocks return to being back in demand.

I wouldn't over think this about politics and energy prices, globally the whole sector of growth stocks as everyone knows sold off last year but as the managers say the business models are strong, good cash flow and little or no debt just wait and wait and wait.

EAT fell 30% last year so about the same as Nasdaq and that is all large companies so you may see that when Nasdaq recovers growth companies should then be back in favour.

Psychology always trumps fundamentals

123ct
24/1/2023
16:55
None of this lot even have a border with Ukraine. Only Germany and Austria border another country that borders Ukraine. (Poland and Slovakia/Hungary.) As such, I don't see how they are much affected apart from commodities prices, and they have mostly returned to pre-Ukraine prices when EAT was around 140p. EU PMIs suggest the EU economy could avoid recession with fair interest rate policy since month to month inflation has already turned negative (below target!) in November and December , suggesting most of the fall in stock prices is now psychological rather than prospective economic and business numbers. I suppose there is the danger the ECB is overdoing it if month to month CPI is going to continue negative after the further commodities weakness we've had of late, especially gas.


Trust Geographical Breakdown %
Sweden 15.6
Norway 13.9
Switzerland 12.3
Germany 11.9
Netherlands 8.1
Ireland 7.4
France 7.1
Spain 6.6
Denmark 6.5
Italy 5.7
Belgium 3.0
Austria 1.9
Total 100.0

Https://tradingeconomics.com/euro-area/inflation-rate-mom

aleman
24/1/2023
14:54
I am a long term holder here, but I don't really think that these can improve much further ( say no more than 5-10%) until there is a clear line of sight to resolution of the Russian war of attrition with Ukraine?Best wishesNSB
north sea boy
24/1/2023
14:15
I'm surprised these are not picking up more. European gas prices have fallen back greatly and today's PMI figures suggest input costs are better while selling prices and the overall PMI were looking positive

Https://www.theice.com/products/27996665/Dutch-TTF-Gas-Futures/data?marketId=5493476&span=3


The easing of supply chain pressure helped alleviate input
cost inflation, as did the calming of energy markets,
especially in manufacturing. Measured overall, input prices
rose in January at the slowest rate since April 2021 – albeit
still running well above the survey’s pre-pandemic long-run
average. However, manufacturing input cost inflation has
now fallen below its pre-pandemic average, down to its
lowest since October 2020, and service sector input cost
inflation has slipped to a 13-month low.
Although input cost inflation slowed, average prices
charged for goods and services rose at a slightly steeper
rate than in December, with rates of inflation edging higher
in both manufacturing and services. While in both sectors
the rates of increase remained off recent peaks, the
sustained upward pressure on selling prices in part
reflected efforts to rebuild margins, notably in the face of
historically high energy and other raw material costs, as
well as growing staff costs.

aleman
15/1/2023
16:53
Realize the drop in dividend was a disappointment to some - although it was well signaled on this board.
However, the European markets are perking-up and there is plenty of commentary from US suggesting bigger allocation to Europe.
Discount has gone out to 6% so looks good value at the moment.
Time will tell.

podgyted
12/1/2023
11:33
Has Europe turned the corner? The averages are starting to look pretty good.
aleman
10/1/2023
15:58
The World Bank has just revised 2023 Euro area GDP down from +1.9% to 0%.

LOL. Well I suppose the two forecasts are at least closer together now!

aleman
10/1/2023
13:17
GSachs raises its 2023 GDP forecast for the Euro area from -0.1% to +0.6%.
aleman
06/1/2023
08:53
OK y well @90 share price 6.44 says my slide-rule ;^/
jonathb
05/1/2023
08:44
I'm making that about 6.3%?
brucie5
05/1/2023
07:20
Disappointing obviously, but pretty much exactly as expected pace the comments above...

Dividend announcement

Highlights

-- Continued policy of six per cent dividend on year-end net asset value per share for annual distribution to shareholders.

-- Total dividends declared for 2023 will be 5.80 pence per share.
-- Dividend to be paid in four equal instalments of 1.45 pence per share in January, April, July and October 2023.

cwa1
30/12/2022
12:21
Yesterday's NAV 97.01p but down a little today. I expect next year's dividend might be 1.45p?
aleman
29/12/2022
18:18
Sadly, yes :-(
lord gnome
29/12/2022
15:59
Looks like next year's quarterly dividend will be around 1.4 p/share
contango1
14/11/2022
20:08
And another interesting chart:


free stock charts from uk.advfn.com

aleman
14/11/2022
19:55
EAT versus STOXX 50 as far back as the index goes. It outperforms in bull markets and underperforms in bear markets. It could be a false start but it has outperformed by about 7% in the last month. (Ignore the different colors for EAT between the two.)


free stock charts from uk.advfn.com


free stock charts from uk.advfn.com

aleman
14/11/2022
18:10
Its only one week but last week FWIW:-

EAT NAV +9.2%
EMIX Benchmark (GBP) +6.5%
Stoxx 600 (GBP) +3.7%

EAT has been generally falling behind the other two measures in the recent past - I wonder if their investment ethos (quality growth companies)is coming back in Europe.

podgyted
14/11/2022
17:33
Euro shares up a bit and £ down a bit against the Euro today should see NAV announced above 100p tomorrow. The share price looks like it will indeed test the 200-day very soon, as speculated 2 weeks ago. Can it get through? It does not happen often at the first attempt but it's always good to see it try to, anyway.
aleman
14/11/2022
16:33
I did wonder if we might see NAV through 100p at the end of the year, and it looks like we are pretty close to that today.
marktime1231
10/11/2022
14:55
NAV is nearly 94p and Euro markets are currently up 2% or so will be nicely higher tomorrow. Is the downtrend broken? EU gas storage is full and there is no significant cold on the horizon to pull it down yet so that side of things is looking promising, though it's early days.
aleman
01/11/2022
14:21
It's a year since the share price was so comfortably ahead of the 20-day and 50-day averages. The fact that gas reserves are full and (cooler but) no cold weather is yet foreseen seems to be helping. The crunch month contract for March continues to ease down, over 60% off the highs of August, suggesting markets are comfortable with the gas outlook. German spot electricity is has been down about 90% from recent peaks and is down about 30% or so from a year ago. Ammonia and fertiliser plants are starting up again. If the weather remains reasonable, next stop 200-day average?
aleman
31/10/2022
13:47
Has the Madrid Stock index bottomed?

Https://www.bloomberg.com/quote/MADX:IND

CPI rose slightly in Germany but Spain's fell from 8.9% to 7.3%. EU inflation is now getting patchy. The Spanish index is slightly lower than June - over the 4 months, that's -1.0% annualised. If Spanish inflation is running negative, why is it so high elsewhere in Europe?

Https://tradingeconomics.com/italy/consumer-price-index-cpi

aleman
27/10/2022
13:58
That was an interesting presentation, could have told whoever was hammering to knock it off though. Only 31 views on YouTube so not exactly well followed.
ramellous
27/10/2022
12:47
Aleman, thanks for analysis
8w
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