Invesco Income Growth Share Discussion Threads

[essentialinvestor] 18/8/2019 15:54

Read the Annual Report, the exposure to UK utilities is nearer 12%,
mentioned 9% previously.

So the risk with a general election just weeks away should not be underestimated,
given Labour's renationalisation threat.

[gilesy] 12/8/2019 17:10

yes agreed

[essentialinvestor] 12/8/2019 14:17

Pennon should have been dumped imv.

Outside the EU will their energy from waste plants be as viable ?.
Pennon have allocated huge amounts of capital to this area.

Notice how their share price is starting to sell off.

[essentialinvestor] 12/8/2019 14:11

No certainties in UK politics atm.

[gilesy] 12/8/2019 13:47

topped up today as the discount is approx 18% and I like the defensive nature of the portfolio
cant see corbyn getting elected personally even on the ship of fools that constitutes our parliament these days

[essentialinvestor] 07/8/2019 16:28

With about a 9% weighting in UK utilities, if Labour were to take power
in a snap general election IVI may be hit hard.

There is the potential for both capital loss and a potential significant loss
of their dividend income.

That partly explains the wide discount to NAV.

[essentialinvestor] 07/8/2019 16:04

Bought a small amount, eventhough I'm uneasy on the UK utility weighting.

[davebowler] 24/6/2019 16:56

21 Jun NAV INCLUDING current year revenue 322.37p

[essentialinvestor] 21/6/2019 15:42

Dave, I like their portfolio, ex the high utility weighting.
We could be facing a general election within months.
Surely the Manger should reduce that sector weighting?.

[davebowler] 21/6/2019 15:00

Its discount is the highest this year.
See this halfway down-

[essentialinvestor] 09/6/2019 21:12

NAV discount may be a result of the high weightings in UK utilities,
around 11% - as Labour have explicitly stated they are unlikely to pay
market value.

[gilesy] 05/6/2019 14:04

I like the portfolio holdings and the attractive discount and the reasonable yield
bought in at 2.64 for the long term

[luckymouse] 07/11/2016 16:51

Some traders coming into the dip here