North American Income Share Discussion Threads

[zcaprd7] 04/11/2016 16:29

Should have followed my hunch to sell, but I still think it's a core holding for my sipp, so happy to leave...

[zcaprd7] 02/11/2016 15:52

Lot of volume today, almost as if the technicals (through resistance) are catching up with the fundamentals... I suppose a closing of the discount to NAV might be a sell trigger?

[zcaprd7] 02/11/2016 13:03

Discount appears to be closing, don't know how to handle election jitters or currency swings?

[nimbo1] 31/10/2016 10:14

Clearly hard to know ref exchange raters. I might feel uncomfortable taking a new position now but happy to hold what I already have...mainly as insurance against the decline of the UK (and pound) in the medium to long term.

[zcaprd7] 30/10/2016 10:19

Not that bullish are they? Anybody here concerned about the US elections? I had toyed with the idea if bringing this back into sterling (either cash, or a UK discounted trust), although a few commentators believe the pound has further to drop...

[29palms] 22/10/2016 10:51

Always worth a read-
Performance Data and Analytics to 30 September 2016

[zcaprd7] 18/10/2016 18:51

Buying their own shares again...

[29palms] 13/10/2016 12:39

It goes ex-div today which is 7p
But, drop today is overdone especially when NAV goes to all time high of £12.45
Value here is, imo, outstanding.
Currently £1.52 per share discount.

[zcaprd7] 13/10/2016 11:45

New NAV high. And we drop...

[zcaprd7] 12/10/2016 18:52

VOF looks interesting. My only fruity stuff is St Peters ports and opp...

[zcaprd7] 12/10/2016 18:39

Thanks chaps. Will do a bit of research over the weekend...

[luckymouse] 12/10/2016 15:18

zcaprd - check out my IT board for one lunatics view on the IT world :D

[nimbo1] 12/10/2016 15:00

Well my most similar to this in a different geographic area would be HFEL. Only UK focussed smaller company trust I hold is AGIT. I did buy a new holding today - VOF...vietnam doing well at the moment and 25 % discount. Not a massive % holding mind. There are some quality asian trusts that invest in small caps - SST, FAS as examples.

[zcaprd7] 12/10/2016 14:48

Anyone have any other trusts similar to this, but a different geographic area? Other investment ideas? I was thinking a small UK fund to back a successful brexit?

[zcaprd7] 11/10/2016 16:03

Agreed. It started as a hedge for me, pre referendum, but like what I see, and will remain a core holding for my sipp...

[29palms] 11/10/2016 12:52

NAV continues to climb and discount again widens
All time high(including income) £12.40
...and nice review by Edison today

[nimbo1] 11/10/2016 07:28

this is an insurance policy at the moment with the continuing decline of sterling.

[29palms] 10/10/2016 12:56

...and yet another new all time high on NAV
£12.27(including income)
Currently trading at £1.14 per share discount, so should be way higher than here imho

[zcaprd7] 07/10/2016 14:06

Always seems to lag by a £1 to NAV, which I suppose as it keep rising, is a reducing percentage discount to NAV? I thought the best performing trusts had small premiums to NAV?

[zcaprd7] 07/10/2016 14:04

Brewing dolphin have 10%, funds buying trusts, wouldn't want to be a client there lol...

[29palms] 07/10/2016 12:56

New all time high on NAV today of £12.1295(including income)
With the continuing fall of £ v $ this has only one way to go at the moment imo
Sp should be trading nearer £12 than £11
Top performing trust in it's sector but, DYOR

[zcaprd7] 03/10/2016 16:58

Yes. All looks good. Still down today, despite the dollar strength... Hard brexit fears apparently.

[29palms] 03/10/2016 12:57

Half year report released this morning makes very good reading -
Over the six month period to 31 July 2016 the Company's net asset value per share rose by 28.0% on a total return basis, in sterling terms, outperforming both its reference indices, the S&P 500 and the Russell 1000 Value, which provided total returns of 21.0% and 23.2% respectively in sterling terms.

The Company's performance over one year has been particularly strong, outperforming both the S&P 500 and Russell 1000 Value by 13.3% and 13.5% respectively, and it is the best performing investment trust in its sector.

Also, 2nd interim dividend announced -7p per share payable on 31st October

[zcaprd7] 03/10/2016 08:37

Exchange rate at its worst again...

[zcaprd7] 25/9/2016 22:23

Aha. At last. They've restarted the share buybacks...