Member Info for SD235

So no comments on my posts. Your heartless the lot of you!!

And cut the barrel down as i couldn't reach the trigger with my finger.

I have already bought a shotgun

Maybe more

I reckon it's going to fall at least 95%.

I am afraid I moved to freetrade plus. General account (as they call it) and isa. They don't do drawdown so left sipp behind. This will allow me to move shares into sipp with no costs. Some of my holdings are quite small so 2 x £11.75p is just to high for me. Also I invested £50 yesterday no stockbroker fees and therefore no money drag. BUT the freetrade plus is not all of market (close). Had to leave one share behind in Fund and share account. If it had been in isa I would have had to sell it.

Tom78
IPU 14% discount. Paying dividends in large part out of capital. I assume it is based on 4% of NAV. So I assume holders who bought before rotation will get reduced dividends, while buyers today will get a dividend greater than 4%....as long Smaller companies don't fall further.
I have Montanaro Smaller companies 4% of NAV.

VPC has a large spread 2% plus

https://www.theaic.co.uk/aic/find-compare-investment-companies?sec=USC&sortid=Name&desc=false

https://www.theaic.co.uk/aic/find-compare-investment-companies?sec=PE&sortid=Name&desc=false

Opps forgot direct lending. I am buying vpc with any dividend I get in my isa. Using freetrade so can invest any amount.
In vpc case they are lender to lenders. Received full interest payment through covid. 20% discount basically share price hasn't fully recovered from covid fall.
8p dividend for last 3 years fully covered. The sector is called direct lending
https://www.theaic.co.uk/aic/find-compare-investment-companies?sec=DDL&sortid=DiscFairCum&desc=true

3i group 10 billion company
Spread Sell:
1,108.00p
Buy:
1,109.00p
https://www.hl.co.uk/shares/shares-search-results/3/3i-group-ordinary-73-1922p

There has been a huge fall in uk smaller companies investment trusts.
40% down.
Discounts have moved from small to huge in some case.
Large proportion had 100% plus share price gains over 5 years and 1.5% dividends. With adequate dividend reserves. Now 2% dividends
Blackrock Throgmortan has gone from a 3% premium to 6% discount.
Blackrock smaller companies is now 15% discount and so on.
There is of course nothing to stop you selling shares for an income…although a little risky compared to income IT.
Also loads of bargains in private equity investment trusts. Bought 3I group. 4.5% dividend with very high dividend increases. Average premium over the last 12 months was 16% bought on a 16% discount. There unlisted companies, as with all private equity have to be valued conservatively. When sold they often go for 20% above There valuation.
Massive discounts in that sector. Larger than 16%.
https://www.3i.com/portfolio/

zac0_4
I also have Henderson far east. Still in profit (share price) only just. Checked up 1 whole per cent. Dividend is nice though. Another to sell pre dividend!

"Bank of Georgia Group PLC (the "Group") announces today that its Board of Directors (the "Board") has approved the commencement of a GEL 72.7 million share buyback and cancellation programme. This is consistent with the Group's capital and distribution policy, announced in September 2021, to target a dividend/share buyback payout ratio in the range of 30-50% of annual profits. The shares will be purchased in the open market. The purpose of the buyback is to reduce the share capital, and the cancellation of the treasury shares will be executed on a monthly basis."
Should have started today big drop obviously related to exdivided but still.

According to AIC
Dividend reserve HHI 0.64 years
Merchants Trust 0.56 years
I don't Trust AIC figures as companies give different figures.
AIC has NAIT has 1.64 years. NAIT says its just over 1 year. As they have never dipped into there dividend reserve then AIC is spectacularly inaccurate.
Possibly accurately inaccurate! IE proportionally the same % wrong for everyone.

Dividend growth and cover slightly better on merchants Trust.
Merchants Trust ongoing charges half that of HHI.

Merchants Trust 5.07% dividend
0.5% premium
Share price gain over 5 years 15.9%
I don't own.
Total returns far better than Henderson High Income
Also considerably lower gearing than HHI.
Considerably larger company than HHI, always helps the spread.
May swap as I am with freetrade now no stockbroker fees.

Henderson high income 6.2% dividend.
Premium to nav 1.3%
Share price gain over 5 years -13%
I own bought January 2021 up11%

Of course there is other income sectors. Global income etc

Robleo AIC site UK equity income. Would advice going to HL to check dividends, specially dividend growth. Most have a dividend reserve. All I bought in march 2020 increased there dividend.
https://www.theaic.co.uk/aic/find-compare-investment-companies?sec=UGI&sortid=Name&desc=false

I forgot they are in negotiations to sell a company at well above its portfolio value.