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Share Name Share Symbol Market Type Share ISIN Share Description
North Atlantic Smaller Companies Investment Trust Plc LSE:NAS London Ordinary Share GB0006439003 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  40.00 1.0% 4,060.00 3,950.00 4,060.00 4,060.00 4,050.00 4,060.00 3,156 16:35:18
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 7.9 0.5 3.8 1,079.8 586

North Atlantic Smaller C... Share Discussion Threads

Showing 226 to 250 of 300 messages
Chat Pages: 12  11  10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
14/5/2020
07:35
Various inc vitamin D, anti-malarial and below. Either bolster against (supposedly) or alleviate, not cure. Https://www.healtheuropa.eu/drug-combination-shows-promise-for-treating-covid-19/99874/
p1nkfish
14/5/2020
07:17
Those T Bills were a great buy & am glad to see them being sold again to invest lower. But found this statement curious: "Even if effective vaccines take time to develop, the clarification that there are a number of potential treatments will help to alleviate public alarm during the mitigation phase." Am aware of Remdesivir, which the jury is still out on, but not anything else "clarified" as a treatment? Quite a statement to make - and to base investment decisions on.
spectoacc
14/5/2020
07:06
I'd rather shelter here than in many other places. Mills has been actively adding to or opening positions recently so sees value in a few areas.
p1nkfish
14/5/2020
04:11
Prelims released tues: ...Our cash holdings (comprising cash at banks and US treasury bills) fell significantly during the period from approximately GBP122m to GBP82m. This is due to the repurchase of company shares for redemption and a number of new investments which we believe trade at significant discount to fair value. Since the end of the period all world markets have fallen very substantially due to the onset of the COVID-19 virus which has disastrously impacted economic activity. Many of our businesses have either had to shut down or have had operations substantially curtailed. As noted above we have entered this downturn with very substantial liquid resources. Shareholders will already be aware we have tended to invest mainly in companies with strong balance sheets. We are therefore very well placed to support our businesses where appropriate. To date we have helped refinance Ten Entertainment so that it can now withstand a shutdown of fifteen months at a cost of less than GBP1m. We would expect that no more than two or three other investments will require funding with an estimated cost to the Company of no more than GBP5m. Either I or a member of my team have now spoken to every major investment in the Company and Oryx (which also has comparable cash balances) and can confirm that we are confident that our business will survive this very difficult economic downturn. It is however inevitable that corporate activity will be curtailed for some time so that realisations may take longer to occur than was originally anticipated. Notwithstanding this I anticipate that the next few months will present some good opportunities and therefore remain confident that the Company will continue to provide positive returns once a degree of normality is restored. Christopher Mills Chief Executive & Investment Manager 12 May 2020 https://uk.advfn.com/stock-market/london/north-atlantic-smaller-c-NAS/share-news/North-Atlantic-Smlr-Co-Inv-Tst-PLC-Final-Results/82437593 htTps://www.nascit.co.uk
rambutan2
29/4/2020
21:47
It’s one of my larger holdings. Mills bought £3m of shares at £30 when he knew roughly what NAV looked like. I suspect current NAV isn’t far off the £40 that HL shows so trading at a 30%+ discount which in these mkts given its structure and manager with a lot of skin in game is too much. I think it should be trading north of £30 but for me I’m happy to follow Mills.
andycapp1
29/4/2020
14:22
Morning Star have estimated NAV at 4,022. Discount -31.89%
killing_time
29/4/2020
14:19
12 month average discount 25.01%, according to HL. Not sure when they run their "year" from but won't be too much of Covid in that. I like NAS, but not convinced it's "cheap".
spectoacc
29/4/2020
13:25
Thanks Dave
killing_time
29/4/2020
13:09
GLE alone is up 28% since then.
davebowler
29/4/2020
13:07
19% discount to 31st March NAV. Since then the market is up 6.5%.
davebowler
29/4/2020
13:04
29 April 2020 NORTH ATLANTIC SMALLER COMPANIES INVESTMENT TRUST PLC The Board announces that as at 31 March 2020 the unaudited net asset value per share (excluding current period revenue) under the equity accounting method was 3,490.32p. The unaudited net asset value per share quoted above differs from that required under IFRS 10, which was adopted by the Company from 1 February 2014 as detailed in its Half Yearly Financial Report for the six months ended 31 July 2014. The unaudited net asset value per share (excluding current period revenue) under IFRS 10 was 3,378.90p. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
davebowler
23/4/2020
09:46
Hope we got our fair share! 8 Apr MJ Gleeson Plc ("MJ Gleeson", the "Company" or the "Group") Results of Placing The board of MJ Gleeson, the low-cost housebuilder and strategic land specialist, is pleased to announce the successful completion of the placing announced earlier today (the "Placing"). A total of 2,730,100 new ordinary shares of 2 pence each (the "New Ordinary Shares") were placed by Liberum Capital Limited ("Liberum") at a price of 600 pence per share (the "Placing Price") to certain existing shareholders and other high-quality institutional investors, raising approximately GBP16.4 million gross proceeds.
davebowler
09/4/2020
13:33
Interesting. I do hope the NAS US Treasury Bills are being put to use.
chinahere
09/4/2020
13:30
GLE in early with their placing at least, and surely a sector that will still thrive post-Covid (whenever that "post" is). The big question still for me - have the US Treasuries been sold? If this wasn't the dip he's been waiting for, what is?
spectoacc
09/4/2020
13:15
I see that Mr Mills has recently carried out a placing with TEN, another one at GLE and now launched a Tender offer for FCRM, mainly through Harwood Capital. Is he effectively calling the bottom of the market as NAS had been reducing their stake in the first two. I've certainly taken that view and bought GLE from these, gone back into OIG and EKF.
strathroyal
16/3/2020
18:11
Same with CGT I would have thought
panshanger1
16/3/2020
15:12
One thing I like about this one is they seem very free to do the asset allocation as they see fit. You hand over the money and they decide when to invest and in what. And they have cash ready to deploy so the climb back is sort of assured.
robsy2
13/3/2020
13:50
News that they'd deployed the money previously in Treasuries would certainly be interesting - if not soon, then when? (Note - I say the market's going much lower on US epidemic, but still - they've got to put the money to work one day).
spectoacc
12/3/2020
15:59
I should know the answer but don't. Anyone have a clue about next results date?
p1nkfish
12/3/2020
09:28
Agree on the T-Bills, and def like NAS, but - like so much of what I'm watching, it's not even back at lows of less than a year ago. We had a rampant bull market with a blow-out top in many things (not exactly in NAS, but in many), and we've not even given the top back yet. The suddenness of the falls make things look "cheaper" than they really are - the falls are for a reason. Prime example would be equity income funds, all tanked, all now on much tighter discounts because they haven't tanked nearly as hard as their holdings. Could pick any number of examples, but say MRCH, LWDB, PLI, EDIN.
spectoacc
11/3/2020
23:51
Fear might be telling you what to do.
p1nkfish
11/3/2020
22:51
ought to be an opportunity to buy- half? their money in T-bills but the c virus outlook is so uncertain can't push the button.
mw8156
28/2/2020
21:34
OK but I'd prefer FJV anyday.
deadly
28/2/2020
17:07
Wow yes, missed that. Tho haven't missed that they've got all that cash in US Treasuries, which have been gangbusters. Question is - will they exit the Treasuries and deploy the cash? They've been waiting a long time.. Love the discount on NAS, whatever the market does, and may soon be tempted back into OIG too. But - as always - the greed/fear issue, as well as the sheer number of seemingly wonderful opportunities this tank is producing. (I'd mention AJOT as another I've got my beady eye on).
spectoacc
28/2/2020
17:04
Nice surprising pop up to 3310 at the end from 3090. Someone's keen on a day like this. Allowed me to offload a few in the auction.
deadly
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