Warren Buffoon
21 Sep 2017
Steady Steady as she goes . . . . (3p divi)
Windlesham Don
15 Aug 2017
Re: Bought Interesting that the sharp rise in SP in the last week or so has been almost entirely down to the discount to NAV narrowing. At the current level the discount is similar to many of it's IT peers and so that attraction is no longer a factor.Assessing the trust on it's own merits, I am not a fan of the incestuous holding in Aberdeen Smaller Companies, but I do like the significant holding in preference shares which should provide a solid backstop for the dividend.All in all, and as I am not a short term trader of ITs, I feel that SHRS is a Hold at present.As ever, IMHO and DYOR,
underwater investor
14 Aug 2017
Re: Bought Had I kept quiet a month ago you might not have been dissuaded from buying back then. Alas you missed out on some gains, and I'm sorry for that.But the chart looks even toppier than before, so good luck with it.Of course I'm holding, but have set a stop too, just in case...Hugh
Warren Buffoon
14 Aug 2017
Bought Bought a chunk today for the long term.See how they go .........
Windlesham Don
17 Jul 2017
Re: Looking to buy Agree with fl, the holdings and the published discount to NAV can vary widely for some reason. My 'go to' website is Trustnet and their discount on this trust is stated at around 16%, Shires own website states around 8% so quite a large disparity. The holdings also vary and some websites show a significant bond holding and others purely equity holdings.All a little odd and slightly worrying if you don't know the exact composition of the trust!I still hold for the dividend, which to date appears to be safe...
foolish learner
17 Jul 2017
Re: Looking to buy WBIt might be worth looking at the company reports as they list (mainly UK) holdings in more detai,l and they vary from what iii show on their FactsheetFL
Warren Buffoon
17 Jul 2017
Thank you Thank you gentlemen for your sensible feedback.
underwater investor
17 Jul 2017
Re: Looking to buy WB - I broadly agree with WD - I bought it for the respectable yield (and I've been lucky with growth too since November). But i'm reluctant to add more at present as I can't see sustained growth in the short & medium term. As a UK- focused trust I think prospects for growth are now wobbly (Brexit...) and looking at the chart over the longer period it is about as high as it can be, until it can break out of this zone....In short, watch & wait ! IMHO, DYOR, TTFN etcHugh
Windlesham Don
17 Jul 2017
Re: Looking to buy WB - I hold this trust as part of my income focused portfolio. Performance is reasonable and it yields 5.1%. Discount to NAV is around 8% from a portfolio based around well known FTSE-100 companies. The only issue I see with it is a slightly incestuous holding in its sister fund Aberdeen Smaller Companies High Income, although as this also trades at a discount to NAV there is probably a double discounting effect.Note that they are currently xdiv and the next payout is not until October.As ever, DYOR.
Warren Buffoon
17 Jul 2017
Looking to buy Looking to buy into these.Anyone out there with any views ???
