Aberforth Smaller Companies Trust

Aberforth Smaller Companies Trust

Aberforth Smaller Companies Trust Socially Speaking

Aberforth Smaller Companies Trust News, Fundamentals and Discussion on:

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Aberforth Smaller Companies Trust RNS, News & Media


Headline
22 Mar 2017
RNS press release - Statement re LR 9.6.2 from Proactive Investors
17 Mar 2017
RNS press release - Transaction in Own Shares from Proactive Investors
2 Mar 2017
RNS press release - Result of AGM from Proactive Investors
1 Feb 2017
RNS press release - Doc re Annual Report from Proactive Investors
31 Jan 2017
RNS press release - Total Voting Rights from Proactive Investors
27 Jan 2017
RNS press release - Dividend Declaration from Proactive Investors
27 Jan 2017
RNS press release - Final Results from Proactive Investors
24 Jan 2017
RNS press release - Transaction in Own Shares from Proactive Investors
6 Jan 2017
RNS press release - Statement re 15.6.8R from Proactive Investors
30 Dec 2016
RNS press release - Total Voting Rights from Proactive Investors
28 Dec 2016
RNS press release - Statement re Closed Period from Proactive Investors
20 Dec 2016
RNS press release - Holding(s) in Company from Proactive Investors
6 Dec 2016
RNS press release - Holding(s) in Company from Proactive Investors
5 Dec 2016
RNS press release - Transaction in Own Shares from Proactive Investors
30 Nov 2016
RNS press release - Total Voting Rights from Proactive Investors
23 Nov 2016
RNS press release - Transaction in Own Shares from Proactive Investors
3 Nov 2016
RNS press release - Transaction in Own Shares from Proactive Investors
31 Oct 2016
RNS press release - Total Voting Rights from Proactive Investors
28 Oct 2016
RNS press release - Transaction in Own Shares from Proactive Investors
19 Oct 2016
RNS press release - Transaction in Own Shares from Proactive Investors
11 Oct 2016
RNS press release - Transaction in Own Shares from Proactive Investors
7 Oct 2016
RNS press release - Statement re LR 15.6.8 from Proactive Investors
3 Oct 2016
RNS press release - Total Voting Rights from Proactive Investors
27 Sep 2016
RNS press release - Transaction in Own Shares from Proactive Investors
31 Aug 2016
RNS press release - Total Voting Rights from Proactive Investors
30 Aug 2016
RNS press release - Director/PDMR Shareholding from Proactive Investors
25 Aug 2016
RNS press release - Transaction in Own Shares from Proactive Investors
23 Aug 2016
RNS press release - Transaction in Own Shares from Proactive Investors
17 Aug 2016
RNS press release - Transaction in Own Shares from Proactive Investors
4 Aug 2016
RNS press release - Transaction in Own Shares from Proactive Investors
29 Jul 2016
RNS press release - Total Voting Rights from Proactive Investors
29 Jul 2016
RNS press release - Statement re Interim Report from Proactive Investors
27 Jul 2016
RNS press release - Dividend Declaration from Proactive Investors
27 Jul 2016
RNS press release - Half-year Report from Proactive Investors
13 Jul 2016
RNS press release - Statement re Listing Rule 9.6.14 from Proactive Investors
6 Jul 2016
RNS press release - Statement re LR15.6.8 from Proactive Investors
4 Jul 2016
RNS press release - Transaction in Own Shares from Proactive Investors
1 Jul 2016
RNS press release - Statement re LR 15.5.1(4) from Proactive Investors
24 Jun 2016
RNS press release - Director/PDMR Shareholding from Proactive Investors
14 Jun 2016
RNS press release - Transaction in Own Shares from Proactive Investors
15 Apr 2016
RNS press release - Director/PDMR Shareholding from Proactive Investors
5 Apr 2016
RNS press release - Statement re 15.6.8R from Proactive Investors
31 Mar 2016
RNS press release - Total Voting Rights from Proactive Investors
10 Mar 2016
RNS press release - Transaction in Own Shares from Proactive Investors
9 Mar 2016
RNS press release - Director/PDMR Shareholding from Proactive Investors
8 Mar 2016
RNS press release - Transaction in Own Shares from Proactive Investors
2 Mar 2016
RNS press release - Result of AGM from Proactive Investors
1 Mar 2016
RNS press release - Transaction in Own Shares from Proactive Investors
18 Feb 2016
RNS press release - Statement re Home State from Proactive Investors

Aberforth Smaller Companies Trust 3 Month Chart


Aberforth Smaller Companies Trust Discussion on Interactive Investor

Re: Disappointing SP performance by Ripley94

  Sat, 11 Feb 2017 20:50:00 GMT

Mistycreamybib ( acta , sle ) link to "money observer " **

By Ripley94

Re: Disappointing SP performance by Rhigos

  Wed, 18 Mar 2015 10:41:00 GMT

LKH,

I do not regret selling ASL but made a big blunder buying VED. Now down 31% on what I paid on 2 Mar, curse Indian tax authorities. Your link has some relevance if Indian tax authority likened to a corrupt sheriff. Wish I waited until today to buy VED :-(

It is hard and unusual to be able to make 30% CG in under a month but surprisingly easy to lose 30%.



By Rhigos

Re: Disappointing SP performance by LK Hyman

  Mon, 02 Mar 2015 16:49:00 GMT

Rhigos,

"Used proceeds to buy VED"

Was that wise, m8? Albanese has a job somewhere in VED, don't he? Giving some spurious sense of solidity to that Indian feller? I remember Albanese when he was in the C suite at RIO, and the feller had an unerring ability to destroy shareholder value at an alarming rate.

I hope you don't end up like Chevy Chase in American Vacation after his encounter with the sheriff!

LINK

LKH on the flybridge continues to hold these ASL bad boys (and RIO)



By LK Hyman

Re: Disappointing SP performance by Rhigos

  Mon, 02 Mar 2015 11:12:00 GMT

I'm out, sold today at £11. Used proceeds to buy VED which has promptly gone down 1.5% :-( I am very bullish on VED and they have a projected yield of over 7%. Pretty sure I have done the right thing.

By Rhigos

Re: Disappointing SP performance by Rhigos

  Sat, 21 Feb 2015 13:16:00 GMT

If SP gets to around £11, my break-even price, I am going to sell. I am not impressed with their stock selection. I feel I could do better picking my own. About 6 smaller companies would give me enough spread to reduce risk and could avoid a load of dogs that ASL have.

By Rhigos

Re: Disappointing SP performance by Chip_Scashtin

  Thu, 25 Sep 2014 11:46:00 GMT

I would hang on, SP rising slowly but steadily in t last couple of months. I mean no one is here for excitement!

By Chip_Scashtin

Disappointing SP performance by Rhigos

  Thu, 25 Sep 2014 10:55:00 GMT

Before I bought ASL SP was rising nicely. Bought in Jan this year and since the end of Feb SP has drifted down. Now sitting on a small loss of 1%. Thinking there are better homes for my cash. I looked at the top 20 companies they invest in and it looks like they just buy all smaller companies instead of concentrating on better companies. I suppose it is tracking an index that is not doing well.

Obviously my timing was bad but I think I will sell. Hope it goes up a bit so I can break even.

SP has risen about 6% since Wed when a no vote from Scotland looked likely.


By Rhigos

Re: Scottish affect by Rhigos

  Tue, 12 Aug 2014 09:33:00 GMT

I wonder if discount is in part because of anticipated rise in interest rates. Smaller companies are more dependant on cost of loans than large ones and tend to under perform when interest rates go up.

Looking at top ten companies they invest in. JD Sports, FirstGroup, RPC Group, e2v technologies, Spirit Pub Company and Flybe Group are under performing FTSE 100.

A month after I bought ASL at the end of January SP has under performed. Before I bought was doing great.


By Rhigos

Re: Scottish affect by Chip_Scashtin

  Thu, 26 Jun 2014 09:17:00 GMT

Scottish situation may have had an effect, though, as the discount is now over 10%, so I think, still cautious, that a further top up would be in order. If Madame hasn't spent it all on handbags. Sentiment has moved against smaller companies, for reasons given below. Of course in the long term they should come good. However an oil tanker as big as this one may take a little time to turn round.

By Chip_Scashtin

Re: Scottish affect by percentagegain

  Mon, 02 Jun 2014 15:03:00 GMT

From an investment perspective, I wouldn't worry too much either way about the outcome of the Scottish Independence vote. All investment companies based in Scotland seem to be taking steps to re-register and(or) co-register in England. Far too much of their customer base is south of the border for them to risk fall-out by being in the wrong legal domicile!

By percentagegain

Scottish affect by Rhigos

  Mon, 02 Jun 2014 10:27:00 GMT

It was pointed out in this weekends FT that there is added financial risk attached to companies registered in Scotland. This may weaken SP up to independence vote. I think they will stay in the union but it is certainly not a given.

SP of ASL has been volatile recently perhaps influenced by data from USA showing a big fall in value of smaller cap companies compared with S&P 500 driven by rate rise fears, Smaller companies often need to borrow to grow whereas a lot of larger companies do not need to borrow and anyway can raise capital more easily on the money market, such as bond issues.



By Rhigos

Re: THINKING ABOUT THIS ONE? by Rhigos

  Wed, 16 Apr 2014 12:21:00 GMT

Since 28 Feb to yesterdays (Tue) close SP has fallen 11.6%. I assume driven down by fall in NAV. Longer term it looks good so perhaps now a good buying opportunity. On the other hand kakram could be right with his TA. I think on balance as it is an IT with broad spread it will revert to mean and so a buy. Perhaps it would be worth looking at the shares in their largest holdings to see if there is a serious problem with any of them.

By Rhigos

Re: THINKING ABOUT THIS ONE? by Chip_Scashtin

  Tue, 08 Apr 2014 12:31:00 GMT

Hi,
fyi I'm buying this for Mrs Scashtin, because it is favourite small cap trust of Charles Stanley, and she has no small cap exposure and I think small caps are a good place to be in the long term. Here I am hoping for steadt growth, a bit of yield and no fireworks or I'm in trouble! However I think the whole market is pretty high so fear and greed pretty even for me at this time, therefore putting in about 1/3 of final intended investment.


By Chip_Scashtin

Re: THINKING ABOUT THIS ONE? by cimbom

  Thu, 05 Dec 2013 10:34:00 GMT

Hi Rick,

I have held this and Aberforth Geared Income for about two years and as the charts would show they have both done very well. Geared Income is the better of the two with over 4% dividend and 12% discount. As the name suggests it has higher gearing(borrowings) however, Trustnet web site rates it as lower risk as well.


By cimbom

THINKING ABOUT THIS ONE? by Rick Mave

  Thu, 05 Dec 2013 09:09:00 GMT

Would appreciate any thoughts on this.

Looking for a small co. IT, this seems to be ok, 2.24% yield not much borrowing and 8.5% discount.

Seems a quiet board but anyone interested in commenting please?

Cheers
Rick


By Rick Mave