The European Investment Share Discussion Threads

[mach100] 28/11/2019 13:03

Decisive action on the underperformance. 6 months waiver of fees for the new investee company. Given the discount the Tender Offer will be very popular. I am looking to add more as this could well be a turning point.

[shieldbug] 10/10/2019 11:21

EUT to be managed by Baillie Gifford. Bought this as a value trust and don't really want a European growth trust. However, I have previously held the Baillie gifford European Fund and made money - the team have some success behind them.

[gilston] 21/1/2019 16:58

AGM tomorrow; anyone attending?

[pherrom] 24/7/2017 19:08

Sold my HEFT shares (small premium) and reinvested here (11% discount).

[pherrom] 02/5/2017 09:20

Just so; but why is the discount so wide?
The portfolio seems to be in good quality companies but I guess that with a low yield it is not bought by income seekers.

[gilston] 01/5/2017 17:28

Now at 855p [in devalued £] but discount still around 12%, way behind Henderson & JPM Euro trusts.

[mach100] 23/10/2016 15:43

Ticking up nicely and I am averaging up. I think this could hit 800p. The share buybacks help liquidity of course. The discount to NAV is narrowing AT 825P in September but still well above today's share price The weakening pound should be good news too.

[gilston] 25/8/2016 17:45

I spoke too soon. Has Dale Roberson been sacked?

[gilston] 22/1/2013 16:53

Performance much improved; new Managers showing their worth.

[praipus] 21/12/2006 13:59

NAV of £2.8433 share price £2.39 ish

Euro Utilities Net Asset Value(s)


EUROPEAN UTILITIES TRUST PLC

The net asset value per Ordinary Income share of European Utilities Trust plc
as at the close of business on 15 December 2006 was 284.33p.

The net asset value per Zero Dividend Preference share of European Utilities
Trust plc was 295.30p

Funds under management were £38,886,656.

The portfolio has been valued using bid prices.

Movements in the fair value of the Company's derivative financial instrument is
recognised in the net asset value. This comprises of an interest rate swap
associated with the Company's borrowings.

The analysis of the gross assets less current liabilities at 15 December 2006
by geographical area is as follows:

Czech Republic 5%

France 14%

Germany 16%

Italy 9%

Portugal 4%

Spain 13%

United Kingdom 26%

Cash 13%

100%



END

[praipus] 05/7/2006 11:12

Suspect this may be helping things along

"Thames Water escapes leakage fine"

[praipus] 30/6/2006 11:00

NAV £2.24 say splitsonline

[praipus] 29/6/2006 10:16

£2.1877 NAV says splitsonline

[praipus] 28/6/2006 10:28

£2.1937 NAV says splitsonline

[praipus] 27/6/2006 09:39

£2.2019 NAV creeping on up, share price discount 18.8%

[praipus] 26/6/2006 11:38

Undiluted NAV stays the same at £2.20

[praipus] 22/6/2006 10:20

Undiluted NAV £2.20, share price discount to 17%....

[praipus] 21/6/2006 11:02

Undiluted NAV £2.1866, share price discount 16.8% from splitsonline

[praipus] 19/6/2006 14:31

Undiluted NAV still £2.19

[praipus] 16/6/2006 13:07

Undiluted NAV £2.19 graph still scarey but price looking ok

[praipus] 14/6/2006 12:42

Undiluted NAV £2.1706 NAV holding up well though the graph looks scarey.

[praipus] 12/6/2006 10:06

Undilyted NAV £2.22

[praipus] 09/6/2006 10:28

Undiluted NAV £2.19