Herald Investment Share Discussion Threads

[weatherman] 06/7/2020 16:09

Over 1600p now - nav 1830+p

[quepassa] 25/6/2020 17:44

A new ALL TIME HIGH again today closing at 1580p offered.

ALL IMO. DYOR.
QP

[davebowler] 25/6/2020 16:46

Herald Investment Trust PLC

25 June 2020

HERALD INVESTMENT TRUST PLC

Net Asset Value as at 24 June 2020
including current year income 1785.41p

[amt] 18/6/2020 07:38

Yes if you take into account yesterday's gains its probably at 18 to 19% discount now. At least they are buying their own share for cancellation.

[weatherman] 17/6/2020 14:13

Now more than 300p below NAV

[eaglebeagle] 16/6/2020 19:44

Surely someone is going to buy in big at these discount levels

[weatherman] 08/6/2020 16:55

As NAV goes past 1760p, the stock takes a dive to 1480p

[deadly] 08/6/2020 11:33

Amazing performance from HRI in these troubled times.

[spangle93] 05/6/2020 17:37

Can we decide on which thread are we using? It seems overkill to have two threads for a trust which sometimes doesn't even get one post per month?

[quepassa] 05/6/2020 17:30

New All Time High at 1570p

[spangle93] 05/6/2020 16:27

Looks like a close around 1570p!

[davebowler] 29/5/2020 13:22

Net Asset Value as at 27 May 2020


Net Asset Value 1708.71p

[amt] 27/5/2020 21:04

Quepass note the nav is the day before. Discount still about 13 to 14%.
I agree this has much further to rise and maybe its reward would be to virtually eliminate the discount at some point

[spangle93] 26/5/2020 21:31

Future FTR is on a good run at the moment

[weatherman] 26/5/2020 17:21

Rising strongly, but NAV now 1700p - 12.4% discount.

[masurenguy] 24/5/2020 15:03

High Spangle. Not doing too badly at the moment but I'm also 40% in cash since I believe that we will see a further correction once the lockdown exit expands and government subsidies disappear leaving companies to stand alone. There is also the possibility of a second wave.

Currently not invested here yet - just put it on my watchlist and looking to get in on any subsequent market fall/price decline.

[quepassa] 24/5/2020 13:39

To put Friday's 15.5% Discount-to-NAV and share price of 1426p into clear perspective.

Three months ago around 6th. February, HRI achieved an all-time-high share price of 1530p with a NAV of 1722p - just 32p higher than the latest NAV on Friday of 1690p.

However the Discount-to-NAV in early February was 11.2% by comparison with the current (and still bloated) Discount of 15.5%.

If we applied February's 11.2% Discount-to-NAV to this Friday's NAV of 1690p, it would dictate a share price of 1500p compared to Friday's close of 1426p.


In my opinion, the share price is still a bargain at this discount level and not yet fully up with events at a time when many other leading Investment Trust NAV's have already narrowed back down to pre-Covid-crisis levels.


ALL IMO. DYOR.

QP.

[spangle93] 24/5/2020 11:40

Hello Mas, good to see you here, hope you're doing OK

Solid investment here - wish I'd been bolder on the drop but happy to hold

[masurenguy] 24/5/2020 09:30

Discount to NAV was 15.5% on Friday's closing Offer price.

[amt] 11/5/2020 17:58

Sorry I thought you were referring to discount. Yes about 16% now