Invesco Perpetual Uk Sma... Share Discussion Threads

[bitgold] 06/12/2024 21:40

The chart for AUSC and IPU this year show massive differences in performance. IPU is almost back to September 2020 level.

[essentialinvestor] 06/12/2024 13:59

The rest of UK small cap investment trusts are now moving off recent lows.

IPU usually lags, but should follow before the end of December - provided wider equity markets remain supportive.

[carpingtris] 04/12/2024 15:34

Are they not buying back shares?

[essentialinvestor] 04/12/2024 11:35

Problem is it's a sub scale IT with zero chance of growing by issuing additional shares above NAV.

Is this going to change..?

So a wind up, or a combination arguably the longer term outlook.

[its the oxman] 03/12/2024 23:33

Happy to buy sub 400p. Feels v overdone at these levels.

[bitgold] 03/12/2024 18:22

UK smaller is not there for me yet, although some of them are close. Need some depressing event to sway it.

[essentialinvestor] 03/12/2024 17:35

I was tempted this afternoon but have held off.

[brwo349] 03/12/2024 12:51

Ive been adding at under 400p.

[bitgold] 28/11/2024 14:09

Awkward one for me, this. Discount is too wide to sell, but not wide enough to buy more. Also hard to see what positive news could push it higher except Labour falling apart, they only seem interested in listening to big business.

[brwo349] 21/11/2024 10:35

Under 400p. Very disappointing. Its not just IPU though, BRSC is now negative for the year also.

[2wild] 01/11/2024 14:19

Really bad for UK Small companies with employer national insurance bills going up a third for each employee averaging 22K pa and minimum pay going up over 5% on top. Many businesses or locations will no longer be viable. Thus increasing borrowing requirements further. Requiring even higher taxes.

[essentialinvestor] 01/11/2024 11:56

Interesting, the entire budget day gain more than wiped out.

[bitgold] 01/11/2024 10:14

I'm still waiting for 20%. It's getting closer to £4 anyway. One thing in the budget was the new method of borrowing which magically allows them to borrow more. I see this as bad news for UK Bonds, but long-term positive for UK Stocks.

Yet again, another silent robbery of the many pension funds forced to buy UK bonds at artificially low yields.

[brwo349] 31/10/2024 14:46

NAV up to 498.5p which puts this on a 17% discount. It will be less tomorrow.

[brwo349] 30/10/2024 20:27

The top ten in the portfolio had a better day today.

JTC +0.77%
AJB +1.54%
FOUR +3.45%
HFG +0.33%
HILS +2.22%
COA +1.38%
ALFA +2.79%
CHG +1.43%
BOWL +0.92%
AMS +14.6%

Hopefully we've seen the low point for the year. The shares are still down 3%-4% for the year which is an outlier but Nov and Dec are typically stronger months for equities so we can hope for 5%+ share price appreciation over the next couple of months. Ex dividend date next week.

[brwo349] 30/10/2024 13:38

IPU likes the budget. hurrah.
AIM shares are still holding onto inheritance tax waivers then I hope.

[123ct] 29/10/2024 16:06

not really sure the point of a budget anymore as they seem to tell everyone before the day what is going to happen...surely as a budget is market sensitive they should be made to say nothing before the day as I regard this as manipulation of the market

[brwo349] 29/10/2024 15:55

Last november this hit 380p.
yikes.

[orinocor] 14/10/2024 18:59

36.8% accepted with Iweb

[c3479z] 13/10/2024 21:22

according to annual report they held about 29% of their assets in AIM early 2024, perhaps less than that now?

[brwo349] 11/10/2024 19:21

if the aim market inheritance tax is an issue it has already been factored in.
Ftse all share is up 7% this year
Aim all share is down 3.5% this year

[essentialinvestor] 11/10/2024 17:36

What % of AIM stocks do they hold?,
would guess we are going to see high volatility in AIM over the next month or so.

[orinocor] 11/10/2024 17:15

Is anyone still waiting on the tender? Im with Iweb and Ive not heard a peep yet. That's 4 days. How can it take this long?

[its the oxman] 11/10/2024 15:28

Not going all in, waiting for the budget and all that, but wanted to add a few at this very depressed level. Everyone expecting the worst it seems.