European Assets Share Discussion Threads

[asmodeus] 20/3/2020 11:14

Up 12.8% - but beware panic-buyers.....

[colonel a] 20/3/2020 08:37

All comes to those who wait LG.
Have taken a few of these in anticipation of the next crisis ...

[lord gnome] 18/10/2019 09:34

Ha! Me too. Sold mine three years ago to help finance a House move. Ok for income but the share price has gone nowhere. Europe staring recession in the face so I can't see any improvement in the short term. Better yield and better prospects elsewhere but it stays on the watch list in case of a bargain purchase opportunity.

[spectoacc] 18/10/2019 09:19

Or....doesn't earn enough to justify the yield :)

Held EAT once - but only once.

[lord gnome] 18/10/2019 08:46

Yes, that's the policy. A few others do that as well. Stock picking is not constrained solely by income considerations.

[spectoacc] 18/10/2019 06:55

EAT generous divi but often paid out of capital?

[tudes100] 18/10/2019 01:32

Total return from Sharepad, share price is effectively where it was at start of 2014

[andyj] 18/10/2019 01:02

Is that total return? The dividend is policy is very generous here.

[andyj] 17/10/2019 13:57

My favoured European quoted exposure.

[hugepants] 23/9/2019 17:49

Is this trust any good?

[spectoacc] 22/5/2019 07:02

@carl - I also left iii on the fee raise. I use x-o - they're basic and hard work occasionally, but significantly better than I used to find Halifax (x-o do at at least reply to emails if there's problems; haven't actually used iweb, am going back a few years). Jarvis being listed gives me a little more confidence too.

[carlsagan1] 21/5/2019 21:33

Any of you chaps recommend brokers X-O(by jarvis) or iweb-sharedealing(by halifax)?

ii have increased theres fees again(from £90 a year to now £120/£240), I think its time I finally left them...

Both x-o and iweb have a simple flat trade fee of £5.95 per trade and have no monthly/yearly admin fees or inactivity fees.

[speedsgh] 16/11/2018 07:24

Migration to the United Kingdom -

European Assets Trust N.V. ("the Company") is pleased to announce that it expects to bring forward proposals to its shareholders to migrate the legal seat and structure of the Company from the Netherlands to the United Kingdom. There will be no change to the investment policy or dividend policy as a result of this migration and the investment team will also remain the same. The Company has established a subsidiary European Assets Trust PLC to act as its successor vehicle.

The Company believes that the benefits associated with the proposed migration include:

· a simplified corporate structure. European Assets Trust PLC will be a United Kingdom resident investment trust, an investment vehicle that is widely accepted and understood in the UK intermediated and direct (retail) marketplace;

· a single jurisdiction for current and future regulation - the United Kingdom;

· a reduction in the ongoing charges rate; and

· a premium listing on the London Stock Exchange and eligibility for inclusion in the FTSE UK Index Series. European Assets Trust PLC will not be listed in the Netherlands.

Subject to receipt of certain regulatory approvals and other consents which are currently being sought, the migration will be proposed to shareholders of the Company. It is anticipated that the Company will provide a further update during the week commencing 26 November 2018.

[luckymouse] 02/2/2017 12:53

That looks a bit breaky outy

[spectoacc] 26/10/2016 07:31

A fairly honest assessment in today's Interim Management Statement:

"While our portfolio delivered a good absolute return, it was disappointing to give back some further relative performance following a difficult first half of the year. Indeed this continues to be a very challenging period for the portfolio. We are however pleased that our shareholders are still seeing a positive total return this year, though in truth, we have the depreciation of Sterling to thank for most of that. "

[spectoacc] 24/10/2016 16:41

@lizafl - fair point. "4th of 4 better than 40th of 40" about the best response I can think of.

[lizafl] 24/10/2016 15:31

Yes, SpectoAcc, you're quite right. I'd forgotten about the effect of the widening discount. In fact checking on Trustnet, I see that NAV performance is in a rising trend. However, EAT's 1 year and 3 year performance figures put it 4th out of 4 trusts in its sector. Perhaps that explains the rising discount?

[spectoacc] 24/10/2016 14:58

Seems to be on an unusually large (c.9.5%) discount lately, anyone know why? Not sure it's fair to say the performance has been poor when the discount's gone wider & the divi comes off the NAV, though agree it'd look a lot less healthy without £ tank.

[nimbo1] 18/10/2016 12:50

All valid points. If it fell another 5% or so I'd have a few more.

[lizafl] 17/10/2016 11:17

Performance isn't great though - it's been on a downward trend since April 2015. I hate to think where the share price would be without the benefit it's had from the 20% depreciation of the £.

[nimbo1] 16/10/2016 21:14

At this price and exchange rate the yield is 8.5% assuming the last divi payment is maintained...

[masurenguy] 07/7/2016 15:26

Brexit blues !

[nipper66] 12/4/2016 11:02

Good value Great divi.