European Assets Share Discussion Threads

[nipper66] 31/8/2021 17:28

Many thanks for setting up new thread with graphs.

[marktime1231] 31/8/2021 12:01

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 11:02

Thanks for setting up the new thread RCTurner!

[panshanger1] 31/8/2021 09:36

Decent volume too this morningAnticipating an NAV increase

[rcturner2] 31/8/2021 09:22

New thread created.

[rcturner2] 31/8/2021 09:22

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 09:13

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

[rcturner2] 31/8/2021 08:34

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 13:00

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

[killing_time] 16/8/2021 14:09

!FOLLOWFEED


The Trust seeks to generate attractive long-term capital growth through investment in quoted small and medium-sized companies in Europe, excluding the UK. As well as capital growth the company aims to offer an attractive dividend, with payments made in January, April, July and October of each year.

A high-conviction trust that taps into the huge potential of small and medium-sized companies in Europe
Attractive combination of capital growth and income; 6% of the year end NAV paid to shareholders as dividends*
Under researched asset class which offers the potential for significant performance from stock picking

[marktime1231] 05/8/2021 21:53

We might even see a swing to a premium, such good performance, as their report says they have made a terrific return from extra active portfolio management through the pandemic. Things may settle down a bit now, can't keep going at this super growth rate. Can it? The prospect of income AND holding value 50% higher over the four years since the reset is beyond all expectation. Doubling up in February at 120p was rare luck.

[panshanger1] 05/8/2021 18:42

Next stop 160 NAV as European economies open up - should benefit smaller cos -imoGLA

[marktime1231] 30/7/2021 21:50

Yes NAV within a whisker of 150p again, I wonder if it will stick this time. Did demand get a boost from people reinvesting dividends paid today, as you say a strong uptick late on. EAT performance over the last year has been tremendous.

[panshanger1] 30/7/2021 16:39

Nice finish and ATH

[panshanger1] 30/7/2021 14:46

Having a run at 150 NAV again

[marktime1231] 07/7/2021 14:02

When I wrote EAT might hit 150p NAV in the next few weeks I of course meant minutes.


edit ... just short by a whisker, so weeks it is then.

[rcturner2] 06/7/2021 07:27

At the moment they are paying 2p every quarter as the dividend.

[marktime1231] 05/7/2021 22:58

A dividend of 9p or more will be payable in 2022 if NAV on 31 Dec 2021 is 150p or more. The declared dividend policy is to pay 6% of NAV as at closing year end, the figure is usually established and declared in early January.

The progress in NAV and direction of travel indicates a NAV of 150p will be met in coming weeks, but it may not hold as you say. What is the outlook for European small- and mid-caps, good momentum for now, things can swing around but I am hopeful we will continue to see growth in the year ahead.

EAT has had a turbulent few years but recent progress has been linearly positive. Not sure where the NAV growth is coming from or what the opportunities are, quite a diverse portfolio, happy to leave it to the managers. Since it is such a good performer I sense the manager is disappointed that there is still an 8-10% discount to NAV on the share price, but since I am here for long term income that is not really an issue. If it does return to a modest premium it would allow the manager to expand the fund.

Already overweight here otherwise I would be adding with confidence.

[jfinvestments] 05/7/2021 22:15

When would that have to hold until? December is it?

[aleman] 05/7/2021 13:51

NAV of 148.63p seems highest for a while. That would be pushing a 9p dividend if it held.