9:49 12/06/2012 Re: Astrazeneca
Concern is that I don't see any evidence that Astra has a viable long-term strategy. I also plan to exit EDIN after it goes XD. It isn't too difficult to put together a portfolio of high-yielding shares and save the Trust's management fees -especially with tools like Stockopedia available. By Warren Rabbitt
9:47 11/06/2012 Re: Astrazeneca
He obviously thinks the shares are below value. Guess he might be right, as you could argue there will be a major "wealth transfer" from the retiring baby boomers to the health sector in the coming years. Or, maybe the pharma companies are planning to do what Paul McCartney did and do some deals to get copyright laws extended....

Woodford may be a class investor but I still feel no IT should be at a premium. I am looking exit the remaining half of my holding now if goes above 5% premium By alandwd
10:45 26/04/2012 Astrazeneca
The poor results from Astrazeneca make me wonder about Neil Woodford's enthusiasm for the company. Will he change his stance or continue to insist that the patent cliff and other problems are all in the price and that the shares are cheap? By Warren Rabbitt
16:05 23/03/2012 Re: Dividend dates
Perhaps not on this, but there are numerous examples of total inaccuracies. eg until recently the final div for AV.L was quoted as something like 26p...in fact that was the total divi for the YEAR....despite the fact that the interim was also listed. I don't want to exhaustively list lots of examples.

There is also a serious delay in posting ex-divi dates. I know I can go to the relevant company's website and look there, but why have a dog and bark yourself? I have monies invested in these companies though Interactive - is it too much to expect that the figures should be both timely and accurate?

(It would also be nice if the divi was also consistently paid when most other brokers do rather than up to 10 days later - most recent example VOD) By PIE-EATER
9:35 23/03/2012 Re: Time to go
Thanks for the replies, chaps. I do see your point about the yield and I am always a long term investor in trusts, but as you both sound sensible investors you probably know yourself sentiment can change quickly and it's not so many years ago stalwarts like this were always on 15-20% discounts. Mr Woodford is clearly the new Anthony Bolton!

Slightly different risk profile, but aberdeen smaller companies income is currently yielding over 4% and has a 18% discount, so I may investigate that as an alternative with more upside. By alandwd
16:49 21/03/2012 Re: Time to go
Discounts have narrowed (and in many cases moved to a premium) on all investment trusts that offer a decent yield- both UK and international trusts. With interest on cash deposits so appallingly low, it is hardly surprising.

Logic dictates that these trusts will remain at narrow discounts/premiums until interests rise significantly and cash deposits start returning above inflation returns again.

This is a long way off.

So for me the likes of EDIN, TIGT and MYI trading at a premium is absolutely NOT a sign that it's time to sell. By percentagegain
15:18 21/03/2012 Re: Time to go
The dividend is published as a percentage of prevailing price..... but what is it to you in comparison to what you paid for the units.

I am yielding 7%..

I will hold onto the ones I have and over time the % dividend I get will grow (not 100% guaranteed I know).


This is not and never should be a trading share, its a long term income stream.

IMHO
By brightonboyaswell
11:34 21/03/2012 Re: Time to go
Hi TX2, appreciate the swift response and have just been on trustnet and you are absolutely correct, the whole UK Income and growth sector trades on narrow discounts or premiums. Outside of Edinburgh UK tracker on 5% discount with a 3.3% yield, only way to get bigger discounts is to drift into the more international trusts or move down a notch to the FTSE 250 which as you rightly say does not fit the risk profile of many investors in this. By alandwd
16:01 20/03/2012 Re: Dividend dates
Hardly true of the ex-div date... By Zel1g
15:37 20/03/2012 Re: Time to go
One thing selling and yes all of us who have been holders for a reasonable period will have made a profit.Same is generally true of most investment trusts over the same time period.

The problem is once you have sold where do you put your money,assuming that people who invest here are looking for a reasonable safe,diversified investment with a yield in as far as "the markets" allow an equity investment to be safe.

Not easy to find an alternative IT that is obviously cheaper,most that are, are cheaper for a reason eg higher risk,more illiquid because in general prices of potential alternatives have risen....... By TX2
13:08 20/03/2012 Time to go
Just doing my yearly review on this one and am amazed to see the discount has disappeared and being replaced by a premium under Mr Woodford. For me, that is a huge exit flag - I invested in this in the early 2000s up to about 4 years ago on the basis the discount was huge and something would change it and that has happened. How do others feel about it? By alandwd
18:00 23/02/2012 Re: Dividend dates
and what you will find is out of date / inaccurate data!

If there is one thing iii website should never be relied on and is TRULY ABYSMAL at, you have just found it. By PIE-EATER
16:46 23/02/2012 Re: Dividend dates
Try an obscure webite called iii.

Go into Fundamentals and scroll down
By Zel1g
10:36 23/02/2012 Re: how does this compare...
I bought quite heavily into TIGT around a month ago to diversify away from holdings in EDIN and LWI.

One quarterly didv banked so far, and so far, so good. By percentagegain
9:17 23/02/2012 Re: how does this compare...
Have also seen this Troy fund recommended heavily in newspapers and Money Observer which is my bible. Can't be in everything but I will add it to my list which will make it a list of 6 now.

I will move into the winner when my divi from CTY at month end is safely invested.

My price comparisons are all based from prices as at 12 Feb, Edin streets ahead now at 10% +, others between 6 and 7, except lowland around 2%.

Cheers
Rick By Rick Mave