ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

EAT European Assets Trust Plc

82.70
0.70 (0.85%)
13 Dec 2024 - Closed
Delayed by 15 minutes
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 Shares Traded Last Trade
  0.70 0.85% 82.70 483,931 16:35:30
Bid Price Offer Price High Price Low Price Open Price
82.40 83.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Investment Advice 34.89M 0.0969 8.46 295.26M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:26:55 O 5,000 82.01 GBX

European Assets (EAT) Latest News (1)

European Assets (EAT) Discussions and Chat

European Assets Forums and Chat

Date Time Title Posts
28/11/202412:23European Assets Trust260
10/6/202419:02European Asset Trust. Continental small/medium company investment Fund69
31/3/202212:16European Assets Trust 4
20/3/202011:14Just havin' a look.49

Add a New Thread

European Assets (EAT) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
16:26:5682.015,0004,100.50O
16:17:3782.452419.79O
16:08:1281.811,9001,554.43O
16:05:4782.45642529.32O
14:58:4682.014,7713,912.70O

European Assets (EAT) Top Chat Posts

Top Posts
Posted at 31/10/2024 07:32 by investingdad
Yes, but that was well truly the everything rally rather than EAT being a better prospect at that point. I agree however the performance has not been good enough, though it is smaller companies based which have also struggled yet not to the same extent. Yet to see much change from the new managers in terms of progress but there have been some changes in the top ten from a quick look. Industrials making up nearly 40%.I remain holding and picking up dividends, buying at this price has served me well in the past, but I am not excessively buying either.
Posted at 09/10/2024 17:01 by marktime1231
Eight of the top ten holdings are up 30-90% over a year with one (Smurfitt) flat. That EAT has made no real progress means the rest of the portfolio must be dogs. I am beginning to share the frustration that we seem to be underperforming the index, the new investment manager they brought in to fix this needs to crack on. Hopefully things will come good next year.
Posted at 09/10/2024 08:23 by essentialinvestor
Added yesterday.

Rates accross the Eurozone should now be on a steep downwards trajectory.


Wish I'd bought some Cairn Homes myself!.
Top holding for EAT.
Posted at 26/9/2024 07:18 by aleman
October Quarterly Dividend

European Assets Trust PLC ("the Company") announces that a dividend of 1.475 pence per share will be paid on 31 October 2024 to shareholders on the register on 4 October 2024, having an ex-dividend date of 3 October 2024.

In addition, the Company has paid dividends of 1.475 pence per share in January, April and July 2024. These four interim dividends, with a cumulative total of 5.9 pence per share, provide an annual payment to shareholders representing six per cent of the closing net asset value ("NAV") per share of the Company as at 31 December 2023.

As at 25 September 2024, the latest practicable date prior to publication of this announcement, an annual dividend of 5.9 pence per share represents a yield of 6.9 per cent calculated with reference to the Company's closing share price of 85.7 pence that day.

The level of dividend paid each year is determined in accordance with the Company's distribution policy. The Company has stated that, barring unforeseen circumstances, it will pay an annual dividend equivalent to six per cent of its NAV at the end of the preceding year. The latest published NAV for the Company was 97.2 pence as at 24 September 2024.
Posted at 20/9/2024 18:55 by steve3sandal1
I quite like the management changes here. A few presentations and infomercials from them and the portfolio has churned significantly over the past few months. The stock case studies are largely names I've never heard of but which have been chosen on the basis of very strong competitive positions in their industries. That's a major tick for me. I had previously held under the last regime but left I think following underperformance. I've bought 4 times recently on down days and around the current share price Look forward to following EAT news.
Posted at 17/9/2024 13:23 by ih_538656
Huge underperformance against MTE over 12 months.

EAT may be overdue some better fortune - astute stock selection an imperative.
Posted at 26/7/2024 14:34 by brwo349
There cant be many equity trusts down year to date but this is one.
It is down 3.5%. Glancing at the chart the NAV is actually up about 6% it's just the share price has not followed. I've been topping up here today,
Posted at 09/5/2024 17:14 by marktime1231
No we are here for income not growth, EAT is for long term investors not blokes fretting the day to day stuff. When NAV has recovered to 120p on better macro outlook and the share price catches up you won't be complaining. And if your average holding price is 80p or so because you took advantage of the dips there is not a lot to complain about now, given the direction of travel.

The only issues, which may be behind the recent change in manager and which may be connected, are that the portfolio value has not (yet) rebounded as strongly perhaps as other European small and medium cap baskets and the discount is persistent.

But on the plus side NAV has now put on something like 4-5p in a week and has only stretched the discount because we are waiting for the share price to follow suit. Think of it as a buying opportunity,
Posted at 09/5/2024 11:49 by marktime1231
No. The 6% of NAV distribution is wired in to the articles of EAT it is not at the manager's discretion.

The discount is slightly wider because NAV is moving ahead and the share price needs to catch up.
Posted at 25/5/2021 13:18 by marktime1231
And with today's progress to 135p I think EAT share price is hitting a 5-year and all-time high? Thank goodness I stuck with EAT through its bad patch.

Since EAT converts asset value growth into dividends, by setting a 6% of year-end NAV as the payout, hopefully this means we can look forward to even better income next year. But it is NAV and not share price or the shrinking discount we need to watch. And remembering NAV gets diluted as Sterling gains on the Euro, so we are running into a slight breeze.

NAV peaked at 145p recently and is now about 142p compared to 2020 year end at around 136p. Ending they year over 150p for a 9p+ annual dividend would be terrific.
European Assets share price data is direct from the London Stock Exchange

European Assets Frequently Asked Questions (FAQ)

What is the current European Assets share price?
The current share price of European Assets is 82.7p.
How many European Assets shares are in issue?
European Assets has 360,069,279 shares in issue.
What is the market cap of European Assets?
The market capitalisation of European Assets is GBP 295.26 M.
What is the 1 year trading range for European Assets share price?
European Assets has traded in the range of 80.20p to 91.80p during the past year.
What is the PE ratio of European Assets?
The price to earnings ratio of European Assets is 8.46.
What is the reporting currency for European Assets?
European Assets reports financial results in GBP.
What is the latest annual profit for European Assets?
The latest annual profit of European Assets is GBP 34.89M.
What is the registered address of European Assets?
The registered address for European Assets is EXCHANGE HOUSE, PRIMROSE STREET, LONDON, EC2A 2NY.
What is the European Assets website address?
The website address for European Assets is www.columbiathreadneedle.co.uk/european-assets-trust.
Which industry sector does European Assets operate in?
European Assets operates in the INVESTMENT TRUSTS DIV'D sector.

Your Recent History

Delayed Upgrade Clock