LIC & LIT Listed Investment Companies (LICs) Q2 2018

Discussion in 'Shares & Funds' started by Intrigued_again, 2nd Apr, 2018.

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  1. SatayKing

    SatayKing Well-Known Member

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    Who? Moi? Nevarrrr!

    If youse have dirty minds - and don't set the parental filter in your browser to On - it ain't my fault.
     
    SatayKing, 22nd Jun, 2018
    #921
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  2. Nodrog

    Nodrog Well-Known Member

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    LOL, where are the Moderators:eek:.
     
    Nodrog, 22nd Jun, 2018
    #922
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  3. Silverson

    Silverson Well-Known Member

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    And folks if you have just tuned in yes this is an investment forum and yes this is a listed investment company thread
    That is all
     
    Silverson, 22nd Jun, 2018
    #923
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  4. Nodrog

    Nodrog Well-Known Member

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    Getting back to WHF (despite a sore head) I like to compare LICs using NTA because it reflects Total Return net of fees and expenses.

    The following is from Bell Potter’s LIC Research on 31 March 18. Comparison is against the ASX 200 Industrials Accumulation Index. Of course there are no fees / expenses deducted from the index:

    F7468F98-2F0E-47FE-97D7-1110DD9CCF70.jpeg
    631B14EA-4E0E-4FCC-89B5-DC5832C32D6A.jpeg

    I thought I’d post this give @dunno something else to dissect:D.
     
    Nodrog, 23rd Jun, 2018
    #924
  5. dunno

    dunno Well-Known Member

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    Give em a break they are a probably a bit busy at the moment.
    [​IMG]
    [​IMG]
     
    dunno, 23rd Jun, 2018
    #925
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  6. Nodrog

    Nodrog Well-Known Member

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    They promised they wouldn’t spend mine, just subscription monies from @Snowball and others here:). It pays to have “Contact”s:p.
     
    Nodrog, 23rd Jun, 2018
    #926
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  7. SatayKing

    SatayKing Well-Known Member

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    I want dividends. Pure and simple. My aged brain cannot be bothered, or is unable, to go into the depths of detailed analysis of each and every LIC or the companies held by them.

    Now at a stage when my situation is such it's no longer important to me as I've other activities to occupy myself. The ABS published a study on income/wealth distribution.

    6523.0 - Household Income and Wealth, Australia, 2013-14

    While I'm not goting to say exactly where I sit, it's bloody good not to be in 1st, 2nd or 3rd quintile. I reasoned now I've reached that position, I see no need to overly fuss too much. As long as the buggers keep throwing income my way, I'm happy.
     
    SatayKing, 24th Jun, 2018
    #927
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  8. Nodrog

    Nodrog Well-Known Member

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    When you think about it, putting aside having an interest in investing, armed with a simple dividend income strategy was / is there ever really any need to overly fuss too much? It’s the too much fussing that has often led me to doing stupid things.

    Thornhill cops some criticism here at times but the guy possesses enormous emotional maturity in the role of investing in ones life, the importance of the dividend component of shares and life in general. Some younger folk often fail to grasp the message until they to become old. Then for many it’s too late. For those that haven’t seen it the following very comprehensive interview with Peter is a worthwhile read. By the way Peter didn’t suggest the interview title:

    Peter Thornhill - interview with an investing genius

    And an important reminder including for myself:
    About to book our next break away in a few weeks time:cool:.

    I can already hear @dunno the devil’s advocate madly typing a response:D. I mean that in a nice way.
     
    Last edited: 24th Jun, 2018
    Nodrog, 24th Jun, 2018
    #928
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  9. Nodrog

    Nodrog Well-Known Member

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    I take back what I posted in the last entry. Took Thornhill’s advice and decided to get off the IPad to spend more quality time with my wife.

    She handed me the vacuum cleaner:eek::(.

    So finished vacuuming / mopping and now happily reunited with the IPad:). Another lesson learnt:cool:.
     
    Last edited: 24th Jun, 2018
    Nodrog, 24th Jun, 2018
    #929
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  10. monk

    monk Well-Known Member

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    Just noticed that one lot of BKI issue has shown up in one account today already.
     
    monk, 24th Jun, 2018
    #930
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  11. Parkzilla

    Parkzilla Well-Known Member

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    Anyone know why the Bell Potter indicative NTA weekly reports haven’t been uploaded in while to the usual place (Listed Investment Company (LIC) updates - Cuffelinks)?

    Due to buy another parcel of my favourite LICs this week and this is about the only thing that I use to distinguish between them!
     
    Parkzilla, 24th Jun, 2018
    #931
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  12. Gemvad

    Gemvad Active Member

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    Likewise!
     
    Gemvad, 24th Jun, 2018
    #932
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  13. Nodrog

    Nodrog Well-Known Member

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    Useless mob. Same here. Haven’t Announced outcome of Public / Shortfall offer as promised on 22/6 but already allocated shares.

    I’m gonna ask for a refund.
     
    Nodrog, 24th Jun, 2018
    #933
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  14. Nodrog

    Nodrog Well-Known Member

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    Don’t know what’s happened. Maybe Bell Potter want too much for their reports so Cuffelink’s have dropped them?
     
    Nodrog, 24th Jun, 2018
    #934
  15. SatayKing

    SatayKing Well-Known Member

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    Just buy I reckon. In 10 or 15 years time you probably won't even remember what the NTA was.

    Alternatively classify the lack as a First World Problem and move it to that thread ;)
     
    SatayKing, 25th Jun, 2018
    #935
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  16. Nodrog

    Nodrog Well-Known Member

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    If you’re keen enough, for the older index proxy LICs you can easily calculate the approximate NTA yourself simply by adjusting month end NTA using the percent change in XJO index.
     
    Nodrog, 25th Jun, 2018
    #936
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  17. Nodrog

    Nodrog Well-Known Member

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    Nodrog, 25th Jun, 2018
    #937
  18. Martin73

    Martin73 Well-Known Member

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    Sounds like BS to me. I've got a $250K loan with NAB for shares fixed at 3.94% and secured against my PPOR.
     
    Martin73, 25th Jun, 2018
    #938
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  19. Nodrog

    Nodrog Well-Known Member

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    Last edited: 25th Jun, 2018
    Nodrog, 25th Jun, 2018
    #939
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  20. SatayKing

    SatayKing Well-Known Member

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    We will wait with bated breath for the change in substantial holder notices and gaze in awe when @Nodrog appears.:)

    Apart from that, those notices could make for some interesting reading.
     
    SatayKing, 25th Jun, 2018
    #940
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