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SHRS Shires Income Plc

246.00
3.00 (1.23%)
26 Jul 2024 - Closed
Delayed by 15 minutes
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 Shares Traded Last Trade
  3.00 1.23% 246.00 27,816 16:35:25
Bid Price Offer Price High Price Low Price Open Price
244.00 246.00 243.00 242.00 242.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Mgmt Invt Offices, Open-end -372k -2.03M -0.0491 -49.49 100.53M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:25 UT 989 246.00 GBX

Shires Income (SHRS) Latest News (1)

Shires Income News

Date Time Source Headline
26/7/202412:33UK RNSShires Income PLC Net Asset Value(s)
25/7/202412:46UK RNSShires Income PLC Net Asset Value(s)
24/7/202413:03UK RNSShires Income PLC Net Asset Value(s)
23/7/202412:34UK RNSShires Income PLC Net Asset Value(s)
22/7/202413:44UK RNSShires Income PLC Gearing disclosure
22/7/202413:14UK RNSShires Income PLC Net Asset Value(s)
19/7/202414:13UK RNSShires Income PLC Net Asset Value(s)
18/7/202411:40UK RNSShires Income PLC Net Asset Value(s)
17/7/202411:24UK RNSShires Income PLC Net Asset Value(s)
16/7/202412:14UK RNSShires Income PLC Net Asset Value(s)

Shires Income (SHRS) Discussions and Chat

Shires Income Forums and Chat

Date Time Title Posts
18/6/202407:47Shires Income - 6.6% quarterly yield.506
20/3/202409:31Merger with ASCI-
15/5/200608:31....YIELD OF OVER 5%!!!!!...27

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Shires Income (SHRS) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-07-26 15:35:25246.009892,432.94UT
2024-07-26 14:02:17242.373,0037,278.30O
2024-07-26 13:51:37243.00400972.00AT
2024-07-26 13:51:36243.001,0002,430.00AT
2024-07-26 13:51:36243.006001,458.00AT

Shires Income (SHRS) Top Chat Posts

Top Posts
Posted at 26/7/2024 09:20 by Shires Income Daily Update
Shires Income Plc is listed in the Mgmt Invt Offices, Open-end sector of the London Stock Exchange with ticker SHRS. The last closing price for Shires Income was 243p.
Shires Income currently has 41,369,542 shares in issue. The market capitalisation of Shires Income is £100,527,987.
Shires Income has a price to earnings ratio (PE ratio) of -49.49.
This morning SHRS shares opened at 242p
Posted at 18/6/2024 07:47 by spangle93
New Kepler research note from SHRS, as RNS'd this morning



On a quick scan it's more of a restatement of the case than containing anything fundamentally new
Posted at 13/5/2024 21:13 by citytilidie
Totally agree EI. They could easily have bought back hundreds of thousands from 216 onwards over the last 2 or 3 months. Shocking management from Corporate level downwards. As you say though, very happy for the increase in share price.
Posted at 13/5/2024 14:33 by essentialinvestor
Pleased with the recent price, however as mentioned it underscores a missed opportunity to conduct a NAV accretive buy back at a decent price.
Posted at 20/3/2024 09:31 by sorleighmcleod
Two too small trusts merge and all the benefits go to ASCI but SHRS is still too small not least because many ASCI ran for the hills. What is the board doing to close the discount? Can’t see that this trust has a future especially if parent Abrdn is taken over and broken up. Takeover by MUT?
Posted at 14/3/2024 07:02 by spectoacc
Couldn't resist earlier comment, apologies to holders ;)

But a bunch of mainly large caps, and a load of prefs, for a discount yet with a load creamed off the top (around a fifth of the income) for "management".

Why not just buy a couple of decent prefs and a tracker? Your yield would be greater, your management charges zero.

I think that's SHRS' problem, in a world where money is leaving the market for 3 years running. Either the costs need to be much lower, or the discount wider, or the performance exceptional. Or even just half reasonable.

(HL has the Ongoing Charge at 2.07%, but I take that with a pinch of salt).
Posted at 13/3/2024 20:56 by essentialinvestor
Recent share price performance has been woeful, however on a NAV basis it looks better - all be it not wonderful.

With income NAV at today's close is likely over £2.50 a share, that's around 3% below the 12 month high hit last May. In May 2023 Shires traded near £2.60 - so the damage done is in a very significant widening of the discount to net asset value.
Posted at 13/3/2024 15:49 by spectoacc
SHRS - where money goes to die.
Posted at 13/3/2024 15:34 by brwo349
Third Interim Dividend

The Board of Shires Income PLC has declared a third interim dividend of 3.2p per share in respect of the year to 31 March 2024 (2023: third interim dividend - 3.2p) payable on 30 April 2024 to shareholders on the register at close of business on 5 April 2024.
Posted at 29/12/2023 16:04 by essentialinvestor
Dave, POLR is akin to a geared play on wider equity markets - at least the way I would look at it.

brwo, if you read back on previous posts, some reasons are dissused re share price performance/discount to NAV- your preference share point is also valid. That part of the market looks to be turning upwards on price.


Bought a few HHI before the close.
Posted at 21/12/2023 16:49 by citytilidie
Agree, but I think it will be sooner rather than later. NAV was 237p a couple of weeks ago and it’s now 252p and the share price has only risen 1 or 2p. The market will soon realise that a 12% discount is far too wide, and I think 235 bid is certainly reachable before this month is out.
Shires Income share price data is direct from the London Stock Exchange

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