Shires Income Share Discussion Threads

[essentialinvestor] 05/3/2017 22:33

The proposed Aberdeen/Standard Life merger may benefit Shires,

Can see the discount to NAV narrowing as part of a larger group, just IMV.

[essentialinvestor] 02/3/2017 13:53

NAV nearly 2.64, lovely.

[essentialinvestor] 02/3/2017 10:38

Should be a lovely jump in NAV today.

[tel5] 02/3/2017 10:18

one to hold onto as dividend looks secure and possible capital growth as nav above 10% discount to share price

[essentialinvestor] 01/3/2017 10:23

Very cheap IMV if markets are beginning another new leg higher.

[essentialinvestor] 24/2/2017 16:57

Another fat dividend declared and would hope the Q4 is modestly increased on last year,
Q3 divi just announced.

Looking across their equity book SHRS have some very nice income uplifts,
BATS with a 10% divi increase as one example.

[essentialinvestor] 13/2/2017 12:29

Looking very cheap if this market strength persists imv, yield still over 5%.

[essentialinvestor] 08/2/2017 13:36

NAV ticking up nicely.

ASCI their largest equity holding beginning to perform.

[essentialinvestor] 07/2/2017 08:41

Looking value around this price IMV.

[essentialinvestor] 26/1/2017 10:55

Payment date tomorrow ).

[essentialinvestor] 13/1/2017 16:28

Spec, if you ever want a look just go to literature library on Shires site,
click read all literature, that takes you to portfolio holding summary.

Wish I had added some Chesnara myself, hesitated at about 30 pence below today's price,
hey ho.

[spectoacc] 13/1/2017 16:22

Thanks @EI

[essentialinvestor] 13/1/2017 15:50

Looking at the latest disclosures, they look to have increased CSN
by participating in the open offer.

CNA and TSCO look to be exits, DGE a new addition - if I have read the holding summary correctly.

[nk104] 13/1/2017 13:42

NAV is clicking up nicely too - so it's a 5 per cent+ income at a good discount. What's not to like.

[essentialinvestor] 10/1/2017 11:11

Added a few under 2.28, partly paid for by the upcoming divi.

[essentialinvestor] 29/12/2016 12:13

SHRS NAV moving nicely atm.

The big reserves figure rarely gets a mention, Shires have approx 15 months worth of
current dividend covered by reserves.

The bulk of the equity book look to be increasing dividends so provides a nice amount
of leeway on the dividend outlook, just IMV.

[veryniceperson] 24/12/2016 11:39

That's a good way to look at it. I think the same MRCH 404 my average.

[essentialinvestor] 24/12/2016 09:55

NAV high was approx 2.65 last year, excluding income.
IT discounts have tended to widen since (in many cases).

Provides an opportunity to purchase a chunk of income at a nice discount,
at least it's my way of viewing it.

[rcturner2] 24/12/2016 09:45

The discount looks like it is starting to narrow, if only slightly, looking at the chart above that shows the premium/discount.

[orinocor] 23/12/2016 20:13

So when the share price was almost 260p was this trading at a premium to NAV? Most trusts I look at just now are close to all time highs which is understandable given the FTSE is close to all time highs. This is still a long way below its all time high.

Another trust to look at is EGL which is on a bigger discount and a higher yield. It has a narrower focus though containing lots of utility and infrastructure stocks. It's chart looks like its been turned upside down so I think its bottomed and will do very well in 2017

[tel5] 23/12/2016 15:22

topped up today at 226 this is approx 11% below nav so looks good to me

[essentialinvestor] 23/12/2016 13:56

Many thanks.

Good to see NAV back above 2.50, bought some today at 2.2541.

Reading the latest factsheet they are adding to HSTN which I rate.

[ditchsid] 23/12/2016 13:45

This is a useful tool

[essentialinvestor] 22/12/2016 21:14

Thanks, saw the payment date in the half year report, was not aware of the XD.

[lord gnome] 22/12/2016 21:07

For full details and complete dividend record, click on 'Financials' at the top of the page and scroll down to the dividend section. Ex div is 5th Jan and pay day is 27th Jan.