Shires Income Share Discussion Threads

[citytilidie] 26/7/2023 17:18

Shocking decision of the Aberdeen board to merge Shires with Aberdeen smaller companies. The quality and size of companies Smaller companies invest in does not suit in any way the large cap and high yielding companies that Shire invest in. To me, it is a poor and lame excuse for a merger, solely to cut costs of Aberdeen fund managers as a whole and does nothing to enhance or benefit Shires.

[bluemango] 31/7/2022 15:34

Thanks, assume you're not with HL? Will see if it appears Monday.

EDIT: It's there now

[ditchsid] 31/7/2022 15:00

Received mine on time.

[bluemango] 31/7/2022 14:40

Anyone had their Q4 dividend? Not received mine, should have been paid on 29th.

[panshanger1] 04/1/2022 09:28

Put this on the watch list and this is what happens !!

[davebowler] 02/11/2021 13:44

Please join Iain Pyle for lunch as he discusses the short, medium and long term outlook for the UK. Iain will focus on the changes he has made to Shires Income investment trust to benefit from the changing UK market landscape.

Spaces are limited, please ensure to register via the link below to reserve your place.

12.30pm on 18th November 2021 at Kimpton Charlotte Square, 38 Charlotte Square, Edinburgh, EH2 4HQ

To register for Shires Income update lunch ›



Email
Luke Mason
Head of Business Development
[e-mail]
[phone]

[bluemango] 14/9/2021 09:40

Nice 4.5% increase in annual dividend as quarterly rate goes up to 0.032p. More if they also increase the final (Q4) dividend.

[rogerrail] 04/8/2021 11:49

Started investing here with my monthly employers sipp contributions, and coincidentally the share price has recently tended to spike at the start of each month when the contribution is paid in!

[bluemango] 08/6/2021 10:11

Nice little director buy, a NED buying £6,000 worth.

Price approaching the level reached in early 2020, which was the highest in a decade.

[8w] 02/6/2021 18:17

Revenue reserves holding up well

[bluemango] 02/6/2021 08:43

Final div maintained at 4.2p, payable 30th July. So full year unchanged, which is fine in the current situation.

[davebowler] 29/1/2021 15:40

An update from our investment manager, Iain Pyle - 18 January 2021

December drew to a close one of the most volatile and challenging years any of us can remember, for investing as well as for our day to day lives. As we enter 2021 the current situation remains difficult. The level of cases of Covid-19 in many countries is reaching new highs and restrictions on personal mobility are increasing again. Despite that, the roll out of vaccination programs offer a hope that this will be a temporary impact and that the new year will be one of recovery. Markets are clearly taking this view, with a strong finish to 2020 followed by a stronger start to 2021.

There are good reasons for this optimism. Global macroeconomic policy is as consistently expansionary as it has ever been. Massive stimulus and low interest rates should allow an increase in government and corporate spending, while the rise in consumer savings rates means people have more money in their pockets to spend. Of course, for this to come through in higher economic activity relies on them having the ability to get out there and spend it. If restrictions are lifted by the end of the year, however, we should expect to exit the year in a recovery scenario, with consumer demand coming back, corporate investment increasing and low inventory levels driving a period of restocking across sector to meet demand. The path from here to there remains uncertain, as highlighted by the new variations of the coronavirus appearing at the moment. And while vaccines are highly likely to work against these variations it is not a certainty, so some caution is warranted.

Shires has attempted to strike a balance between value and growth in our investments in the last year, while sticking to our preference for quality companies that can be winners over the long term. The approach will continue to be based on bottom up stock picking rather than trying to predict macro trends. However, the outlook of a cyclical recovery combined with dividend resumption for many companies provides many opportunities to find attractive sources of income and capital growth in 2021.

[davebowler] 18/1/2021 09:37

NAV as at close of business on 14 January 2021. Unless otherwise disclosed, the NAVs have been calculated in accordance with the recommendations of the Association of Investment Companies.

Shires Income Trust PLC Undiluted Including 263.42p Ordinary
Income

Shires Income Trust PLC with Debt Including 263.41p Ordinary
at Fair Value Income

[bluemango] 26/11/2020 11:26

Q2 dividend maintained at 3p, plus the next Q3. Final div amount to be decided when assessing full year results. Company notes good level of reserves and cautiously optimistic outlook for income stocks.

[bluemango] 04/6/2020 09:24

Final dividend maintained at last year's level, 4.2p, giving 13.2p for full year. A good result for investors here given the uncertainties and suspended dividends from individual companies elsewhere. Intention also to stick to next three quarterly dividends of 3p, same as previous Q1 to Q3.

[speedsgh] 21/11/2019 09:58

Half-Year Report -

[davebowler] 30/10/2019 13:00

28 Oct NAV
Shires Income Trust PLC with Debt at Fair Value Including 269.87p

[spectoacc] 21/6/2019 14:28

Down over 5yrs in a bull market, may pass!

[davebowler] 21/6/2019 14:01

IVI's discount is the highest its been this year.
See this halfway down-

[davebowler] 19/6/2019 13:27

Yes when you see that its sister fund ASCI is trading about 10%+ below NAV the premium is surprising, so I've swapped.

[spectoacc] 30/4/2019 15:52

Been largely wrong on this one, long since out, but find it extraordinary that it can trade at a premium (let alone par).