European Assets Share Discussion Threads

[cwa1] 29/12/2023 13:05

98.78p NAV today

[aleman] 28/12/2023 16:04

Yes, that's the aim.

[panshanger1] 28/12/2023 15:59

Just to confirm Next years dividend is 6% of year end NAV ?

[investingdad] 28/12/2023 14:35

One day to go and i am sure tomorrow is a half day trading! Fingers crossed the momentum keeps up. I would be happier with the 100p nav but feel it isn't happening, think it will fall just short. It is one of my largest holdings and I have continued to top up monthly this year whilst it has been below 90p.

[aleman] 28/12/2023 13:01

NAV 98.89p. Looks like this one is going to surprise me with a dividend that is higher than I had budgeted for next year. It's one of my bigger holdings. It's about time I had some good news.

[investingdad] 27/12/2023 14:12

98.11p today. Agree we are not seeing a return above 100p yet, but it is closer than it has been for a while.

[cwa1] 27/12/2023 10:42

Dec 30th 2022 RNS was 97.01p, Most recent one(22/12/23) was 97.76p. So going to be pretty similar to last year-unless anything momentous crops up!

[investingdad] 27/12/2023 09:27

EAT is taking a run at last year's end of year share price. Only have three days for this to hold up and make sure that nav stays healthy! Might just get that 98 or 99p nav. I feel it was 96p last year, I could be wrong. However, below 90p is a good price considering.

[essentialinvestor] 18/12/2023 15:08

It's welcome and as mentioned a couple if weeks back this was overdue a move.

2024 may be tough for much of mainland Europe - if recent macro is any guide,
however you could slso may s case thst EAT is trading near longer term sentiment lows.

[marktime1231] 16/12/2023 09:46

Excellent bounce in the NAV at this crucial time, almost to where we were last year. The discount and share price can repair themselves in due course, let's secure our income first.

[investingdad] 15/12/2023 19:34

The nav at 95.63 today, it is going in the right direction. Let's just hope it continues this way and setiment follows to new year. 10% discount isn't ideal still. Let's hope the Santa rally really starts to kick in this year.

[investingdad] 23/11/2023 18:47

I have said elsewhere that this rally could continue to year end given the bankers will want to finish the year up. Nav currently around 90p, so momentum needs to keep going and then maintain for a decent dividend return. Hopefully not falling again before the NY.

[essentialinvestor] 22/11/2023 18:29

Overdue a better run here IF equity markets stay relatively becalmed.

[essentialinvestor] 17/11/2023 14:52

There's some fantastic value in UK IT's, I built a recent aggressive position
in BRSC, JMI and MTU, which has paid off at least short term. Intend to close
a % of those today, JMI has gone XD as well, so also have the annual divi
(one of the few IT's that pay once a year).

The EAT payout is too high and weighing on longer term performance.
I've recently bought in as sentiment towards European small caps is
on the floor ATM and that may hopefully reverse somewhat over the next 12 months.

If war spreads in the ME it alters the outlook significantly, however there are
always risks and reasons not to buy something.

[aleman] 16/11/2023 16:26

The average discount across all investment trust sectors stood at 16.9% at the end of October, the widest discount for a month-end since December 2008, when it reached 17.7%, according to data from Morningstar.

[essentialinvestor] 15/11/2023 13:58

I've added also.

[marktime1231] 15/11/2023 13:28

Yes added a few at 82p, the boost from underlying NAV increase tends to follow a day or so later in a rising market. Might get the Santa rally you were hoping for fter all.

[essentialinvestor] 15/11/2023 13:12

Looking cheap ?.

[investingdad] 06/10/2023 16:06

I'll be adding over the next 5 years, at these prices although I will be disappointed by the NAV and resulting income loss from dividend change. It is a good enough trust. It will get back to 100p and then to 150p. But not this year, nor do I think next. But sentiment will change.

[essentialinvestor] 06/10/2023 12:39

* very small as mentioned, a few £k. Far from brave.

[marktime1231] 06/10/2023 12:35

Eroded by a deepening gloomy outlook for European industry and an ex-div kick down, things are not heading our way. Brave add may turn out to be a good one things may turn up again.

[essentialinvestor] 06/10/2023 12:32

NAV is plummeting.

[essentialinvestor] 28/9/2023 22:45

Added a very small amount this morning for some diversification.

[danieldruff2] 24/9/2023 14:31

It was a discussion nobody was having when the price was a lot higher. All you can do is look at the very long term price (20+ years) and it's generally trending upwards, but with lulls such as now. 6% is a bit high to give away and there's minimal growth here as a result.

[essentialinvestor] 24/9/2023 12:19

A large slug of their dividend appears to come from capital, that's the salient point.

Now some may be fine with this, however it merits at least a mention,
if not some discussion.