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Share Name Share Symbol Market Type Share ISIN Share Description
Shires Income Plc LSE:SHRS London Ordinary Share GB0008052507 ORD 50P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.00 0.96% 209.50 208.00 211.00 - 37,187 16:35:29
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 4.0 13.0 16.1 64

Shires Income Share Discussion Threads

Showing 151 to 173 of 425 messages
Chat Pages: 17  16  15  14  13  12  11  10  9  8  7  6  Older
DateSubjectAuthorDiscuss
27/5/2009
09:27
Dividend cut to 12p.
aleman
12/5/2009
12:43
Up only 8.5p. Doesn't seem to be going up quite as fast as it came down relative to the market. NAV 08/05/09 143.29p (inc. 5.89p acc. income) Close 132.5p Discount 7.5% Yield 14.9% (under review as per header)
aleman
08/5/2009
16:11
Banks and financials up strongly this afternoon. NAV is probably up over 10p this week.
aleman
07/5/2009
13:48
5.9p income, almost enough to pay the full final div of 6.55p?
oniabsta
05/5/2009
15:13
NAV 01/05/09 134.67p (inc. 5.4p acc. income) Close 129.5p Discount 3.8% Yield 15.3% (under review as per header)
aleman
28/4/2009
10:45
If these were being run by the original Glasgow team I'd be looking to top up sometime soon... however, I've little confidence in the Aberdeen Asset management. Let's hope they prove me wrong.
kiwi2007
28/4/2009
10:30
NAV 24/04/09 130.13p (inc. 4.93p acc. income) Close 116p Discount 10.9% Yield 17.0% (under review as per header)
aleman
20/4/2009
14:42
NAV 17/04/09 128.03p (inc. 4.98p acc. income) Close 114p Discount 10.9% Yield 17.3% (under review as per header)
aleman
14/4/2009
16:17
Went ex-dividend last week. NAV 09/04/09 120.22p (inc. 4.67p acc. income) Close 114p Discount 5.2% Yield 17.3% (under review as per header)
aleman
07/4/2009
10:51
Made it to 125p but eased off again. NAV 03/04/09 123.20p (inc. 8.67p acc. income) Close 111p Discount 9.9% Yield 17.8% (under review as per header)
aleman
02/4/2009
15:10
NAV jumped since last update. Probably 125p with today's moves as the gearing and financials bias that dragged us down so much has now reversed. D
aleman
26/3/2009
18:39
It is 7% below NAV. You can't ignore cash. The shares drop when they go ex-dividend. If you buy a business that has cash in the bank, the sellers would take kindly to you telling them the cash didn't matter. A report in the FT last week said many income trusts were trading at premia now as investors scramble around for a decent income.
aleman
26/3/2009
18:26
A raging sell - why the hell should this be standing at its underlying NAV - should be at a 15% discount, perhaps more...
skyship
26/3/2009
15:09
Over 8p accumulated income now - 5.5p income accumulated since the ex-d at the start of Jan.
aleman
25/3/2009
09:50
I should have added that I don't think that they will cut the dividend to any less than 10p a share and probably not even that low - instead, and not sustainable in a bear market, they will probably try to keep the dividend higher than it naturally would be by keeping debt and gearing high or selling stock.
kiwi2007
23/3/2009
09:11
Aleman - If it weren't geared I'd guess at it's sustainable dividend yield to be around 6 to 8% - a reasonably high figure but held up by it's corporate bonds... however gearing makes quite difference as does their derivative type trading (but I don't know which way ;o) Latest missive - March 2009 ".....During the month we exited Wolseley amid concerns about the strength of its balance sheet. We top-sliced the holding in BT as we became increasingly concerned about the problems it is experiencing in its Global Services business. Top-slices were also made to a broad range of holdings as the Trust raised cash in preparation for the repayment of a portion of its index linked debenture. It is clear that this recession is going to be worse than was thought even a few months ago. However the authorities have acted quickly in an attempt to provide an adequate level of stimulus. How effective this will be remains to be seen. Where opportunities arise to invest in good quality companies with sound balance sheets at attractive valuations we will continue to do so. " From the interims: " It has in issue an Index-Linked Debenture on which the interest payable and the capital sum to be repaid on maturity are linked to the Retail Price Index. Short-term borrowing from banking institutions is also used and bears interest at floating rates. "
kiwi2007
18/3/2009
12:48
It's been obvious for months the dividend will be cut - but by how much? Income seems to be accumulating at a decent rate still. Can anybody estimate? I'd guess between 30% and 50% off, remembering there is quite a lot if income from prefs and options. That still leaves a double digit yield. Does anyone think it will be more or less than this? Smaller companies trusts seem to have cut 50-60% but look to have been hit harder.
aleman
16/3/2009
22:06
NAV 13/3/09 113.01p (inc. 6.72p acc. income) Close 101p Discount 10.6% Yield 19.6% (under review as per header)
aleman
11/3/2009
02:19
Discount closing is good but NAV falling isn't. Been busy in recent weeks so haven't been keeping up to numbers. Added nearly another 2p to accumulated income in the last month which looks pretty good for the "under review" dividend.
aleman
11/3/2009
01:01
I did receive a response Aleman : Thank you for your email. We believe that given the current economic downturn, the market is reacting negatively to Investment Trusts that have a highly geared structure, such as Shires Income PLC. As such, the lack of demand for these trusts is having a detrimental effect on the share price. It is very difficult to say when the current market difficulties will end and, as a result, we expect share prices to remain volatile, in absolute and relative terms, for the foreseeable future. If you want to go to voice they'll chat to you on 0500 00 00 40 NAV now 109p so not a huge discount.
kiwi2007
09/2/2009
13:35
NAV 6/02/09 137.49p (inc. 4.68p acc. income) CLose 110p Discount 20.0% Yield 18.0% (under review as per header)
aleman
08/2/2009
14:54
There was an interesting article in the FT this weekend which commented on how savers are moving funds from cash to corporate bond funds and income trusts. It stated that income and growth investment trusts had seen their discounts squeezed from a long term average of 9% to only 2%. SHRS may be not be a growth income trust, but it does make one wonder why the dash from cash hasn't stopped its discount running up to twice the normal level. I suspect Friday's discount closed at over 20%. I wish they would go ahead and announce a cut to the dividend because I don't see it being more than halved which would take the yield down to 9%. I think anything less could bounce the shares up a bit.
aleman
04/2/2009
18:03
At least we seem to have another good divi in the bag. They seem to have been pretty quick off the mark with announcing the April divi, we've only just banked the last one.
lord gnome
Chat Pages: 17  16  15  14  13  12  11  10  9  8  7  6  Older
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