Invesco Bond Income Plus Share Discussion Threads

[pvb] 24/12/2024 17:04

@24 December



NAV per Ordinary share (unaudited) with Debt at Par & Fair Value

EXCLUDING undistributed current year revenue

167.30p

INCLUDING current year revenue

170.59p

So current price around fair value.

[nerja] 18/12/2024 19:18

Another one of those strange ut finishes.

[marktime1231] 12/12/2024 11:34

A welcome unexpected rise in the final dividend set to continue next year pushes the yield over 7%. Obviously a bit more headroom from income than there was last Summer, benefit from ongoing issues and a bit of trading perhaps.

Hopefully that will stop whoever was undercutting and restore a small premium, back towards mid-170s would be reassuring. Would save the need for buybacks. Feeling pleased (lucky) to have added during the recent dips, income investors looking for a safeish high yield should be piling in although the real boost will come when gilt yields drop off.

[cwa1] 12/12/2024 10:06

Added a few myself

[nerja] 12/12/2024 08:07

A small 2500 top up at 168.815p , so lots of the trades yesterday must have been buys looking the spread showing.

[rik shaw] 12/12/2024 07:16

Increased interim dividend and decent increase in next years dividend target:

increased 4th interim dividend, in respect of the year ended 31 December 2024 of 3.0625 pence per share. This dividend will be paid on 20 February 2025, to shareholders on the register at close of business on 17 January 2025. The shares will be marked ex-dividend on 16 January 2025.

In addition to providing shareholders with an increase in the dividend for the current financial year the Board is pleased to announce an increased dividend target of 12.25 pence per share for 2025.

[marktime1231] 05/12/2024 16:42

Seems to be drifting back towards a small premium without management intervention, the player spiking the share price down seems to have given it a rest for now. Topped up today.

[maxk] 30/11/2024 21:36

The market is probably bored titless with your inane commentary polly 😍

[pvb] 30/11/2024 19:08

What DOES all this bouncing about mean?

[marktime1231] 29/11/2024 12:12

Attempts to spike down the BIPS share price are still ongoing, albeit low volume. Very mysterious. As yet no response from the manager. Watching to see if a 164-165p opportunity comes along. Otherwise this ought to return to the 170's, nothing fundamental has changed that I can detect.

[pvb] 26/11/2024 01:02

...All change!

[par555] 25/11/2024 20:07

marktime.

Me too

[marktime1231] 25/11/2024 13:19

Strange behaviour isn't it, as if someone has been lining up to undercut BIPS by 5p or so. Not caused by anything macro or specific to the portfolio, NAV steady. I wonder if BIPS will respond to the sudden discount by rebuying some stock.

I have added a few today.

[par555] 25/11/2024 12:52

11_percent

Why ?

[11_percent] 23/11/2024 10:09

Not the time to buy......going lower.

[marktime1231] 20/11/2024 12:22

As if to make a fool of me BIPS suddenly sinks to buy territory, 6.7% yield available at 169.x this morning. Presumably kicked downstairs by the hot CPI and UK gilts nudging up again.

Watching closely and wondering where to find some cash.

[pvb] 18/11/2024 10:22

Price does seem to have settled somewhat above NAV.

Wonder if we will get another of those huge price down spikes? ;-)

[pvb] 05/11/2024 12:46

Yikes! another one of those price spikes.

Anyway, today NAV is 168.62p

[marktime1231] 01/11/2024 21:15

That looks like the same anomaly as at the end of May, almost like a data error maybe someone typed 164 instead of 169. I doubt there will be a trading opportunity on Monday, expect it to open 170.

[nerja] 01/11/2024 17:07

Phew some ut drop , hope to pick some up at similar level Monday

[pvb] 31/10/2024 14:03

NAV currently 168.94p. So share price is at a slight premium.

[pvb] 30/10/2024 16:58

As I was trying to reply on the 'other' BIPS board:

marktime1231 30 Oct '24 - 16:38 - 261 of 261

Well I have given up trying to trade a cycle here, the share price is confined to such a narrow range. Back to Plan A, hold for the yield and do nothing, patiently wait for the price to gradually improve. Look elsewhere for excitement.

Indeed!

Unless we are in the midst of a financial crisis.

[pvb] 30/10/2024 16:56

The BIPS board for those who wish to bypass the chump known as CWA1?

[marktime1231] 30/10/2024 16:38

Well I have given up trying to trade a cycle here, the share price is confined to such a narrow range. Back to Plan A, hold for the yield and do nothing, patiently wait for the price to gradually improve. Look elsewhere for excitement.

[rik shaw] 09/10/2024 15:39

The Directors of Invesco Bond Income Plus Limited (the “Company”) are pleased to announce the 3rd interim dividend, in respect of the year ending 31 December 2024 of 2.875 pence per share. This dividend will be paid on 15 November 2024, to shareholders on the register at close of business on 18 October 2024. The shares will be marked ex-dividend on 17 October 2024.