ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

NAS North Atlantic Smaller Companies Investment Trust Plc

4,140.00
90.00 (2.22%)
Last Updated: 13:30:06
Delayed by 15 minutes
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
  90.00 2.22% 4,140.00 4,010.00 4,140.00 4,140.00 4,140.00 4,140.00 3,732 13:30:06
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Unit Inv Tr, Closed-end Mgmt 11.28M 2.15M 0.1605 257.94 541.98M
North Atlantic Smaller Companies Investment Trust Plc is listed in the Unit Inv Tr, Closed-end Mgmt sector of the London Stock Exchange with ticker NAS. The last closing price for North Atlantic Smaller C... was 4,050p. Over the last year, North Atlantic Smaller C... shares have traded in a share price range of 3,420.00p to 4,240.00p.

North Atlantic Smaller C... currently has 13,382,290 shares in issue. The market capitalisation of North Atlantic Smaller C... is £541.98 million. North Atlantic Smaller C... has a price to earnings ratio (PE ratio) of 257.94.

North Atlantic Smaller C... Share Discussion Threads

Showing 501 to 522 of 625 messages
Chat Pages: 25  24  23  22  21  20  19  18  17  16  15  14  Older
DateSubjectAuthorDiscuss
07/4/2023
20:46
Christopher Mills is certainly not past it in my view. He's always had a 8 out of 10 ish score card. Most of his investments are very good. The odd 10-20% of investments go wrong. Fulcrum was one. He's not a god! Overall, the record is superb.
topvest
06/4/2023
08:05
Certainly dropped the ball on FCRM so far. Playing 2nd fiddle to Bayford in a poorly run business. Very hard if not impossible to turn that into a success story.
p1nkfish
30/3/2023
17:47
Dripped a bit more in today. Bargain prices maybe? Time will tell. Not a lot of point buying an investment trust unless you are prepared to trust the investment manager. Mills has a lot of his own money in here so that's good.

Rockwood has had a great early start let's hope NAS can do the same.

loglorry1
29/3/2023
20:12
It does require greater transparency but I am happy to take it as it is. Their performance speaks for itself. I listened to CM a few months ago and he is very much positioning the portfolio for a higher interest rate environment.

I am a long term follower having first invested in 2008 and then again in 2011. It’s done me well but does require patience.

chillpill
29/3/2023
11:26
Plenty of talent at Harwood. Mills, Stuart and ED at OIT, Richard at RKW.

Not to mention the private equity team.

Discount will never narrow materially, with over 30% of the float with insiders.

Happy holding and have been adding on weakness.

13+% compounded since the 80's. He can have a portion of my funds.

mozy123
29/3/2023
11:22
Opportunity cost and zero momentum.
Momentum is driving a hell of a lot of money flow.

p1nkfish
29/3/2023
09:23
FCRM a fiasco, but at least tiny in the scheme of things.

Other problem NAS has is that HL tell me the one year avg discount c.28%, current discount c.34%. But look at everything else - look a the renewable ITs, the infrastructure ones, the REITs. The market's moved, it has recognised the end of 14 years of ZIRP, and a great deal of adjustment is happening.

Is NAS "cheap", in that context? Or does Opportunity Cost drag money elsewhere, even without recent missteps/eventual succession?

spectoacc
29/3/2023
08:54
Uplift to NAV would be the triumph of hope over experience surely - and what happens when it's Mills Junior, is he as good?

Just putting the opposing view - good luck.

spectoacc
29/3/2023
08:51
Added to my existing holding here. NAV over £52 so big discount to current price of £34.50 so 33% discount. Simple maths but an uplift to NAV means a 50% return. One of the biggest holdings seems to have bottomed out.
chillpill
20/12/2022
08:43
I’m not a dissenting shareholder but whilst I like the fact they have been buying back their own shares I do agree there should be better transparency. It’s all a bit 1980’s.

I am a big fan of Christopher Mills.

chillpill
16/12/2022
10:29
Interview with Chris Mills
davebowler
11/12/2022
21:54
seems that oryx had 3 million crestchic shares.
c3479z
10/12/2022
14:13
They own indirectly through Oryx, so still good news.
topvest
09/12/2022
08:52
Thanks not in NAS top 10 so bid probably not material but having extra cash probably a very good thing for Mills at this point.
loglorry1
09/12/2022
08:31
Harwood has about a quarter but not sure exactly how spread.
spectoacc
09/12/2022
08:24
Anyone know how much LOAD NAS owns?
loglorry1
25/11/2022
12:44
Buyback has started, £34, 32,500.
p1nkfish
07/11/2022
09:30
Harwood hold 9.77% of APP.
p1nkfish
07/11/2022
09:16
Not 100% sure but have a feeling NAS have a holding in APP which has been bid for. No idea how many shares they might own.
chillpill
01/11/2022
10:59
Utitec look to have been laying people off or letting them leave in the past year. Now about 45 heads, may have been preparing for sale?
p1nkfish
01/11/2022
10:48
Harwood PE bought Utitec in 2012.

"Utitec is the leader in its field of manufacturing precision metal components used primarily in the assembly of cardiological, endoscopic and orthopaedic medical instruments. The company employs unique stamping processes to produce miniature parts. It has significant European sales and a strong US client base of global medical and electronic device suppliers. The Utitec management team will be led by Executive Chairman Carl Contadini, the CEO of a previous Harwood Private Equity investment.

Commenting on the acquisition, Geoffrey Gorman of Harwood Private Equity, who led the transaction and who will join the board of Utitec, said:

“We are very pleased to have acquired Utitec. We see a very clear opportunity to enhance production efficiencies, tool new products, recover the company’s position in the non-medical sector, and possibly grow through acquisition. We are enthusiastic about the potential.”"

p1nkfish
01/11/2022
10:32
Utitec sales was on runway.
All I can find out is revenue was $16.3M and 72-74 employees.
Held for 10 yrs approx.
Buyback welcome to close NAV gap a little.
Interested to see when Mills goes shopping, hope he's not distracted by other things.

p1nkfish
Chat Pages: 25  24  23  22  21  20  19  18  17  16  15  14  Older

Your Recent History

Delayed Upgrade Clock