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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
  45.00 1.13% 4,035.00 4,010.00 4,060.00 4,060.00 4,050.00 4,060.00 4,232 16:35:06
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 7.9 0.5 3.8 1,073.1 582

North Atlantic Smaller C... Share Discussion Threads

Showing 151 to 174 of 300 messages
Chat Pages: 12  11  10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
27/7/2019
08:49
Plain talking not appreciated by SPD. Personally never liked the idea of Goals but Mr Mills defends aggressively.
p1nkfish
26/7/2019
21:32
Made me smile. From SPD late release results. Certainly not a great investment for Mr Mills and us, but nice to know that our manager is more than a match for Mr Ashley! Widely publicised accounting irregularities have been found at Goals. We have strongly urged the board to allow an independent investigation on our and other independent shareholders behalf to take place as soon as possible to restore trust in the business. We were assured by members of the board that the cause of the accounting irregularities was confined to one person. However, given the significant size of these irregularities and the timeframe over which they took place we need to understand whether the problem is wider than one individual acting alone. Based on many examples, including the recent case of Patisserie Valerie, these matters are always more pervasive than one individual acting alone. To date the Board of the company has stonewalled our requests for an independent investigation repeatedly. We are particularly concerned that the second largest shareholder, Chris Mills, is also a non-executive director and thus has access to more information and insight than is available to Sports Direct as largest shareholder, this simply cannot be right in a matter so serious. Based on the lack of engagement in this key matter, alongside our general concerns on the pervasive nature of irregularities, we as the biggest shareholder elected to vote against all resolutions including the reappointment of board members. The result of the AGM was in favour of the status quo despite our opposition and the evidence before the market's eyes, however the foul mouthed tirade and aggressive posturing of Chris Mills to the Sports Direct representative, attending the AGM and asking completely legitimate questions, was extremely unprofessional and unbecoming of a listed business to any representative let alone one from its biggest shareholder.
rambutan2
15/7/2019
16:01
Ossian, yes.
p1nkfish
15/7/2019
13:07
Great names as well. R2
robsy2
15/7/2019
12:08
Interesting to see Moncrieffe family buys.
p1nkfish
11/7/2019
12:01
bought in this morning.
nimbo1
01/7/2019
23:45
Was stated clearly they expected further NAV increase by next January. Good to see he action to help close the gap.
p1nkfish
01/7/2019
22:40
Indeed. Transactions today look like buys all day. I was surprised Cap Gearing sold down 190k of shares last week but I presume that did allow NAS to BB 132k. They are intent on buying back 1.4m in round numbers and that is quite aggressive given normal daily volumes. The share price has to close towards NAV. If successful I think they might repeat the trick next year too, another 10%. Long term holder but I doubled up around £30 when they announced this and I wish I’d bought a few more! GLA.
steve3sandal
01/7/2019
21:13
Looks like the buyback is in swing. Every chance we move through the all time high if this continues.
p1nkfish
02/6/2019
21:37
Sorry I need glasses I think! Msg deleted.
loglorry1
02/6/2019
10:42
Management CHARGE. Actually it's not that bad so long as it keeps heading as it is.
p1nkfish
31/5/2019
21:29
I topped up by a decent amount yesterday. The treasuries are a bit of a comfort added to Mills ability and the way the annuals read. Just a shame about the management charge but quality is rarely cheap.
p1nkfish
31/5/2019
21:25
About 19% discount to NAV currently, a NAV they expect to rise over the next 8 months. Interesting to see how much it pulls back and how long for given the buyback. You might find yourself fighting the company for stock.
p1nkfish
31/5/2019
21:15
I'm waiting for a good top-up point. It will be a good performer long-term. Nice to start getting dividends as well, now that the P&L deficit is gone.
topvest
31/5/2019
20:19
topvest, just re-reading it. Emphasis is mine - FAR BETTER. I take that as conservative if they can access those opportunities and note exit of property holdings - take that as they see full value there and better places to allocate capital coming along. Also - states hopeful of further NAV increase by 31/1/2020 suggesting increased discount compared to tadays price so expect buyback to accelerate post AGM vote for "whitewash" that gets my vote. "As I stated last year, MIFID2 should create good opportunities for the Company with the consequent contraction in smaller company coverage and liquidity compelling many large institutions to change their focus to the main market. Based on recent developments, it now appears that as the dust settles the situations presented to us will be FAR BETTER than I anticipated."
p1nkfish
31/5/2019
20:06
Page 37 of the annual report. 10 year returns have out-performed the Russell 2000 and S&P 500 sterling adjusted. Pretty impressive stuff.
topvest
22/5/2019
21:23
Yes, all bodes well. Need to study the report more closely, but i do like this trust. Almost, a sure thing!
topvest
20/5/2019
22:18
And a divi as well
robsy2
20/5/2019
21:52
A very encouraging report & looking to buy back more to reduce discount to NAV. NAV around £37.
p1nkfish
08/1/2019
08:47
..... I forgot ....and we will start getting dividends as well . This might help the share price R2
robsy2
08/1/2019
08:39
Morning All I am also in full agreement, though I didn't get round to buying some more until this morning.... It's discount on discount. A near 25% discount on the stocks held is silly but when you consider that he holds a positon in a trust that also trades at a discount, it gets cheaper still. Then there are the T-Bills which we buy at a 25% discount as well. Even the decision to buy T-Bills was smart given the strength of the USD. And he has a brilliant track record to date , including going to cash during 2018. This should be trading at a premium not a 25% discount. Best R2
robsy2
22/12/2018
22:08
Couldn't agree more.
p1nkfish
22/12/2018
19:42
Shares now back around £26 and NAV a week ago £36. Large holding of cash instruments at a discount. Time to buy myself a Christmas present I think.
steve3sandal
15/9/2018
22:55
He also will have an increasing research advantage as the big boys focus less and less on the sector. Says it all ........ "The latest financial directives agreed by Brussels and Westminster will have a significant impact on the type of company in which the Trust invests in that it is likely to reduce both coverage and liquidity in smaller capital companies. Already one major investor is eliminating all exposure to companies with a market capitalisation of less than £100m. I believe this will create considerable opportunities over the next few years which the Trust is well placed to exploit given our substantial cash resources."
p1nkfish
Chat Pages: 12  11  10  9  8  7  6  5  4  3  2  1
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