The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
after the fall when it went ex-divi. Seems ready for the next leg up imho. The Euro strengthening will help the NAV and it really has been bubbling under for a while/ Now it seems ready to boil over.
shows some potential upside. I assume these Trusts are always discounted relative to their NAV however. Lots of stocks getting hit while this one treads water. How much of a discount is fair is the judgement call. Imo there is more upside (to £10) than likely downside (to £8.90).
Seems like it has further to go. Still buying at 929p despite the strong run. Very hard to know when it will come of the boil so timing your entry is difficult in the extreme. But it sure has underlying strnegth. The change in management has worked a treat.
I am not sure why the press statement was retracted in the RNS. This stock will benefit from euro strength of course so if sterling continues to weaken post election we should get a further uplift in NAV. I revise my target to £10
after a good run of buying at 914p. Looks like new territory now as hit all time highs. Trading below NAV still but narrowing the gap all the time.
the update today. Ok the SP discount to NAV has narrowed to 6% and there are some possible protectionist hurdles to be negotiated around Trump and Brexit but it comfortably beat the FTSE All-World Europe ex-UK by some margin. The introduction of an interim dividend is also welcome. NL the largest holding is now paying a divi which should also help EUT. 16% growth in the SP during the financial year is a good performance but its has gone up again since. I am happy to track this one upwards. Any buys at £9 or under will be rewarded here.
above £9.10 and with a NAV of nearer £10 I still think this is a screaming buy. It has been a great run up from 723p but the huge discount to NAV has been unwarranted in my opinion. The new man at the helm has something to prove but I am still a buyer at these levels
I suppose the French election could have an impact if Le Pen gets in but this share still has legs. Even after a strong rise it is under its NAV per share so trading at a discount. Still a buy for me up to £9 but some risk due to Sunday's election.
I am getting lonely. This share is very off the radar and very undervalued,
I think once this goes past 725p we could move up strongly. Trading under NAV but a new portfolio manager since August so it could be onwards and upwards from here.
post..................................................