Member Info for ecovest

Ex div today, hence corrsponding drop in s/p.

Ex div today explains slight drop. Otherwise, trend upwards. Decent yield (just short of 5%) at current prices and trading at around NAV level (so no premium being paid to buy in). The aim of the floating rate fund is, unlike conventional bonds, to provide some protection from rising inflation and interest rate rises. There was a write up of this fund in a Sunday Times article (2/12/12, 'Last Chance to Switch from Bonds') on the supposed bond bubble and means (including this one) of avoiding it while still having the benefits of a less volatile asset class which is not correlated to equities.

Interesting specialist aircraft leasing IT this - very good yield (around 6.75% at these ask levels of 238p - better than DNA at the moment from what I can work out). Bought by lots of pension funds, including local authorities. Risks: Emirates going bust - unlikely; A380 not being as saleable post-leasing as they have forecast - possible, but they're supposed to have done a 'conservative' forecast. Should be less volatile than equities - different, non-correlated asset class.

I doubt this will go below 41 - if it does, my bet is that it will find strong support at around or just below 40.

Looking through the last few days' trades, there are a fair few 10K+ buys. Sells, apart from one today, all relatively small. The time to worry is if the big(ger) money is going in the other direction ...

Agree - good recent results, solid company. As people are getting less on cash deposits, the cash will continue to drift into high yielding stocks like this one. With the great yield here, this one still has a long way to go. And it's not like it's a basket case share either (often the case with very high yielders).

what news is due?

And like Smasher, I'm also in here at around 10p level and not going anywhere. Been up and down like a wh***'s drawers in the last few months but at least enough to be confident of where it well get to and beyond. When it moves, it moves like the proverbial off a shovel (and will do so even with more shares in issue - we're not like one or two other PI US oilie favourites with diluted shares of many hundreds of million or over a billion).

Rather have it this way around - i.e. placing news followed by hopefully good news on flow rates - rather than good news on flow rates followed by a placing. Shows more respect for PIs IMO.

That's right but safest buy in is when price reaches back to break the previous flagpole high.

So which route is better for s/holders?

Positive RNS - Major II taken their share to over 5% (near 2x original holding). Big buys today soaking up smaller sells. Pause before further rise as this has had a good run of late.

Rise today down to two things depending what you read: 1) positive reaction to RNS operational update 2) ES reporting that Nat R seeking to oust most of the existing Board and replace with new members.

Are you invested here? Looks like they need cash soon but plan to sell asset rather than more dilution?

Spread has widened since this morning - don't want too many buyers? Live price now 8.79 (i.e. slightly up rather than LSE 2.86% down). It was slightly down live when I bought this morning, though the LSE figures above showed level.

Back in at 8.73. FJET doing well today.

Brazil soyabean market is what excites me about this one. Good to see dir buy today.

Just thought I'd take a look in here after seeing Independent tip. Archers on the radio in the background (with Grundys on) and then I see eddygrundy on here. It must be a sign ... I may have to buy in now.

Tipped by Questor as one of his shares of 2013.

Most big trades come near end of day if not post-close.