| Share Name |
Share Symbol |
Market |
Type |
Share ISIN |
Share Description |
| Independent Investment Trust Plc |
LSE:IIT |
London |
Ordinary Share |
GB0000811686 |
ORD 25P |
| |
Price Change |
% Change |
Share Price |
Shares Traded |
Last Trade |
| |
6.00 |
1.13% |
538.00 |
23,329 |
16:35:09 |
| Bid Price |
Offer Price |
High Price |
Low Price |
Open Price |
|
528.00
|
548.00
|
548.00 |
530.00 |
538.00 |
| Industry Sector |
Turnover (m) |
Profit (m) |
EPS - Basic |
PE Ratio |
Market Cap (m) |
|
Equity Investment Instruments
|
8.18
|
7.44
|
13.48
|
39.9
|
291
|
| Last Trade Time |
Trade Type |
Trade Size |
Trade Price |
Currency |
| 16:25:38 |
O |
350 |
539.4536 |
GBX |
Independent Investment News
| Trade Time |
Trade Price |
Trade Size |
Trade Value |
Trade Type |
| 16:25:39 | 539.45 | 350 | 1,888.09 | O |
| 15:54:46 | 548.00 | 725 | 3,973.00 | O |
| 15:30:23 | 547.96 | 1,088 | 5,961.75 | O |
| 15:21:30 | 558.00 | 890 | 4,966.20 | O |
| 15:20:41 | 548.00 | 1,000 | 5,480.00 | O |
| Date | Subject |
|---|
25/11/2020
08:20 | Independent Investment Daily Update: Independent Investment Trust Plc is listed in the Equity Investment Instruments sector of the London Stock Exchange with ticker IIT. The last closing price for Independent Investment was 532p.
Independent Investment Trust Plc has a 4 week average price of 444p and a 12 week average price of 406.50p.
The 1 year high share price is 600p while the 1 year low share price is currently 264p.
There are currently 54,155,657 shares in issue and the average daily traded volume is 27,692 shares. The market capitalisation of Independent Investment Trust Plc is £291,357,434.66.
|
04/10/2018
12:00 | douglas fir: ..addendum
historically IIT has traded more often at a discount..par to nav is no big deal really on this one from where I'm sitting.Even more so when you consider the weighting.Some people would consider Fevr now to be ex-growth,and Prsm,whilst having an adoring fan club cannot afford a mis-step .The weighting of builders may also detract.A 5%+ discount is very possible ,and depending on the direction of travel at that time I would take a view.
|
03/10/2018
16:42 | robow: from Investment Trust Insider
Not every investment trust bargain has to offer a wide double-digit discount like Patient Capital. Sometimes a trust can be cheap when it no longer trades on an expensive rating.
A great example of this is Independent (IIT) investment trust run by veteran stock picker Max Ward (pictured). Independent has a magnificent track record, delivering a 454% total return to shareholders over 10 years, smashing the 138% gain in the FTSE All-Share index. Last year the shares soared over 70%, as Ward’s big bets on house builders, Blue Prism (PRSM), the automated business software provider, and tonic maker Fever-Tree Drinks (FEVR), surged, leading to Independent winning a Citywire investment trust performance award. All this caused eager investors to pile in and propel the stock to a 20% premium over NAV.
That was clearly unsustainable and after concerted share selling by Ward and his co-directors, and with builders retreating in response to a house price slowdown in London and the South-East, the bubble burst. After a 16% slide over the summer the shares have lost their premium and at last night’s close of 668p stood close to ‘par’ or NAV. This could be a good entry point into the £374 million fund if you trust Ward’s nose for good growth businesses.
|
14/8/2018
10:56 | drrobin: Douglas McDougall sold 25,000 shares on 1st August, but then he has sold similar batches over the last few months, so probably just exercising rights whilst the price was good.
The price is close to the NAV, so I expect the price will rebound in the next few days. There has been 127,000 shares traded today so far, probably a lot of selling, may be stop losses. Their main holdings are looking okay so unless there is any other bad news I can't see the price going below the NAV and it should rebound.
Best to sit tight and avoid panic selling.
|
19/4/2017
11:50 | rogerbridge: I love IIT a well run I.T.
|
20/2/2007
17:40 | frank spencer: Do you have a relative or a friend that works at a PLC ?
Is your wife a finance director at an AIM company ?
Does your cousin work in the postroom of a biotech company ?
Please post all inside information here, so that your fellow free bb posters can share the good luck.
To kick off, my brother works at Barclays in Maida Vale, and one of their tills was £30 short last week. At Barclays, there is a huge investigation if the till is more than 5p out, so I suspect their results for next year won't be as high as £7.1billion.
|
Independent Investment share price data is direct from the London Stock Exchange
PLUS1
