Henderson Opportunities Share Discussion Threads

[brucek1812] 11/1/2021 15:35

Agreed! Mostly under the radar but now Kepler has this as one of their trusts to watch in 2021. Discount is still very generous IMHO.

[18bt] 11/1/2021 15:33

Spectacular performance from this trust over the past few weeks. I still think it has potential as the discount narrows to reflect the sector leading performance over 1,5 and 10 years. Not as concentrated as the Artemis Alpha, which has a similar perfromance and discount.

[18bt] 03/1/2021 09:29

Now we are into Jan, HOT is showing s the top performer in its sector over 1 year and third over 5 years. That should attract some value hunters who want exposure to smaller UK cos.

[cordwainer] 30/12/2020 17:04

Thread title should be changed to past tense ?

[18bt] 30/12/2020 08:35

Has now moved to the 2nd best performer in its sector over 1 year (for the short termists!) above Baillie Gifford UK Growth. HOT discount is 12.7% compared to BGUK's 3% premium. 1,5 and 10 yr record now looking respectable and a number of shares in its portfolio seem to have momentum. The key remains getting the market cap well clear of £100m - now £94.4m, but I can see this coming which could see a further reduction in the discount.

[bosbus] 23/12/2020 10:21

Accurate Prediction!👍

[bosbus] 23/12/2020 10:20

Accurate Prediction!👍

[18bt] 25/11/2020 07:18

Strong rise in last few weeks along with small caps. Key though is that the discount has now come in substantially to under 12%. In 2019 also a strong year end rally in the NAV and SP, so I'm betting that this will continue. Next stop likely to resistance at just over 1100

[brucek1812] 30/10/2020 18:39

Has anyone else noticed that HOT is performing rather well. The discount is still very generous. It's hard to pigeonhole but offers a good yield and some exciting growth companies (and compounded). Unconstrained stock selection across FTSE All Share and AIM with a bias to smaller cap. Plenty to go in terms of share price growth for long term investors (ignoring the spread).

[brucek1812] 10/10/2020 14:50

HOT is looking well-placed for a post-Brexit recovery. Some nice holdings and looks undervalued. Already over 50% up since March and good divi as well. A trust that is too small (c£65m market cap) for the mainstream but great for retail investors who are willing to buy and hold. Do you agree?

[davebowler] 07/10/2020 13:01

5 October 2020, the
unaudited net asset value per share (excluding
current financial year revenue items and shares
held in treasury) was 1063.5p.

[18bt] 02/9/2020 15:19

Now showing as the 3rd best performing IT in the AIC UK All Companies sector total return over 1 year. Still not good over 3,5 & 7 years mind.

[cordwainer] 22/7/2020 07:44

someone stalking you with dislikes ?

[spectoacc] 21/7/2020 21:12

Agreed, not necessarily obvious what hole HOT fills. c.£90m of assets but c.£65m mkt cap (vs eg £762m/£562m for HSL, at half the annual charge).

[cordwainer] 21/7/2020 16:50

Furthermore, this trust is too small according to some views about ITs in general. I'd be in favour of a merger with another Henderson trust - e.g. absorb into Lowland, merge with Henderson Smaller Companies trust, or even combine with TR European trust which has a pan-europe mandate.

[spectoacc] 16/6/2020 09:38

Can get inside it/occasionally narrows but agreed - and even worse if things get choppy.

[cordwainer] 16/6/2020 08:54

and the 6% spread is annoying

[cordwainer] 29/5/2020 06:29

I've begun to feel unimpressed. Mixed bag portfolio, fuzzy-sounding investment objective, poor 5 year performance, and thus a seemingly never-ending circa 20% discount.

[robow] 22/11/2019 11:28

Blue Prism helping here

[sharesoc] 23/3/2019 18:33

There is a detailed report on Henderson Opportunities Trust's recent AGM which can be found in our members area here:

To access the report, you'll need to be a full member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join here:

Once you've joined, you'll receive an invitation to register for our "members network" private social network, from where you'll be able to access the report (and reports on 100s of other meetings). If you're already a member and have any difficulty accessing the report, please do not hesitate to contact us here:

[davebowler] 30/1/2019 10:16

As at close of business on 28 January 2019, the unaudited
net asset value per ordinary share calculated in accordance
with the AIC formula (including current financial year
revenue items) was 1156.8p.

[cordwainer] 02/1/2019 22:08

Wishing I'd taken my own hint last May and dropped HOT when I said KWS looked expensive. Look how it wavered then dropped off a cliff in Q4 2018.
Any views on growth-at-all-costs Blue Prism with no profits in sight ?